Recently, according to a property rights trading platform, Minmetals Asset Management Co., Ltd. has listed seven assets of Qinghai Cement Co., Ltd., all of which are transfer projects with negotiable prices.
The largest target is a clinker cement production line with a daily output of 2000 tons , including 2177 items of equipment, 69 items of housing construction and 165 items of structures, including rotary kilns, preheater decomposition furnaces, intermediate unloading drying mills, coal mills and central control rooms. The whole line can be relocated and reused, and can also be transferred by workshop.
The remaining six items are also considerable: 3399 idle spare parts, in addition to pump valves, bearings and electrical instruments, there are also bulk materials such as limestone, raw coal, steel ball and steel forging; three sets of concrete production lines, two sets of concrete mixing stations (including HZS180 purchased in 2018); annual output of 200,000 cubic meters of fly ash aerated concrete block line; An annual production capacity of 50 million pieces of standard bricks; and a complete set of sand and gravel processing production line purchased in 2018.
These assets are all stacked in the factory area of Qinghai Cement located in Qiaotou Town, Datong County, Xining City, and are all idle shutdown assets. The announcement said that the equipment was well maintained, not leased or mortgaged, and the transferee was responsible for the disassembly and transportation.
Qinghai Cement is a five-level subsidiary of China Minmetals, and its superior management unit is Qinghai Salt Lake Haina Chemical Co., Ltd. The Datong county government mentioned in an official reply in March this year that the company was still operating at a loss.
This centralized listing is an action of Minmetals Assets as the "Asset Efficiency Center" of the Group to implement the disposal and revitalization of inefficient and ineffective assets.
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