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

100.41

+0.83 +0.83%

CONCPI

86.65

-0.03 -0.03%

CLKPI

102.88

+1.32 +1.30%

SPPI

41.98

+0.35 +0.84%

MORPI

71.83

0.00 0.00%

Ningxia: Strictly implement the ultra-low emission transformation of cement and other industries

In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.