Cement Network Video: Conch is expected to take over! Western Cement Intends to Sell Certain Domestic Assets

2026-03-16 10:46:00

West Cement is in preliminary negotiations with potential buyers for the disposal of certain assets in China, with the aim of optimizing the investment structure, reducing debt, focusing on core areas and expanding overseas markets.

Western Cement announced that the company is in preliminary negotiations with potential buyers on the sale of certain domestic assets in order to optimize the investment structure, reduce liabilities, focus on core areas and expand overseas markets. At present, the matter is still in the stage of preliminary negotiation and due diligence, no legally binding agreement or document has been signed, and the terms of the transaction have not yet been determined. It is worth noting that the potential buyer is an associate of Conch International Holdings (Hong Kong) Limited, the company's major shareholder.

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Cement Network Video: Conch is expected to take over! Western Cement Intends to Sell Certain Domestic Assets

2026-03-16 10:46:00

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1.19 billion yuan! China Construction Seventh Engineering Group Co., Ltd., China Railway 15th Engineering Group Co., Ltd. and China Railway 25th Engineering Group Co., Ltd. won the bid for the urban v

The planned land area of this project is about 35272. 27 square meters, the net land area is about 26207 square meters, and the total construction area is about 238544. 45 square meters. Among them, the capacity building area is 172336. 65 square meters, including the 129540 of resettlement housing, the 10423 of public service facilities and municipal service facilities, the 31573 of resettlement property and other capacity area of 800 square meters; The floor area excluding capacity is 66207.8 square meters (the 58607 of the basement is.8 square meters). The building is 100 meters high, with three floors underground and five buildings with 32 floors above ground.