The maximum is 691 million yuan! Conch Cement intends to acquire two cement assets

On July 2, Conch Cement announced that two wholly-owned subsidiaries had signed contracts with Wanwei Hi-tech and Mengwei Science and Technology respectively to acquire assets related to the production and sale of cement products in cash, with a total transaction price of 619 million yuan (up to 691 million yuan). The core assets

of Wanwei Gaoxin Cement include a cement clinker production line with a designed annual clinker production capacity of 2 million tons and a cement production capacity of 3 million tons. The core assets

of Mengwei Technology include a clinker production line with a designed annual clinker production capacity of 1 million tons and a cement production capacity of 1 million tons.