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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Correlation

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

2026-03-16 10:46:00

CEMPI

97.47

+0.13 +0.13%

CONCPI

90.00

-0.13 -0.14%

CLKPI

98.76

-0.20 -0.20%

SPPI

45.10

+0.10 +0.22%

MORPI

73.32

0.00 0.00%

Cement network data: statistics of cement output of all provinces and cities in China from January to March 2026

The statistical data of cement output in all parts of the country from January to March 2026 show that the cumulative output of cement in the country has a certain scale. From the year-on-year data, the situation varies from place to place. The output in most regions showed a trend of year-on-year decline, among which the decline in Liaoning, Shaanxi, Fujian and other places was more obvious, for example, the year-on-year decline in Liaoning was larger; while the output in Beijing, Guizhou, Hunan and other places increased year-on-year, and the year-on-year increase in Beijing was relatively prominent. The smaller year-on-year change in production was in Zhejiang, which decreased by only 0.03%. The overall output of the whole country decreased by 7.10% year on year.