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

95.53

-0.11 -0.12%

CONCPI

89.90

+0.04 +0.04%

CLKPI

97.02

-0.49 -0.50%

SPPI

44.87

0.00 0.00%

MORPI

73.32

0.00 0.00%

Weekly Report of Cement Net: Weakness Differentiation of National Cement Market in the 17th Week of Cement Price Index: Decline under Pressure in the North and Resistance in the South (5.11-5.15)

On May 15, the National Cement Price Index (CEMPI) closed at 95.53 points, down 0.32% annually and 20.45% year-on-year. On May 15, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 85.85 points, down 0.14% from the previous month.