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BBMG Unit to Buy Mining Company
Tangshan Jidong Cement Chair Resigns
Tangshan Jidong Cement (000401.SZ): Liu Yu resigns from the position of general manager.
Tangshan Jidong Cement (000401.SZ) announced that due to work adjustments, Mr. Liu Yu has applied to resign from the position of general manager of the company...
Is Tangshan Jidong CementLtd (SZSE:000401) Using Too Much Debt?
bbmg corporation (601992.SH): tangshan jidong cement plans to purchase 100% equity of shuangyashan cement for 0.635 billion yuan
On December 6, GeLongHui reported that BBMG Corporation (601992.SH) announced that Tangshan Jidong Cement intends to use its own and self-raised funds to purchase 100% equity of Shuangyashan Cement held by 48 individual shareholders including Tong Zhaoqi, Zhang Yongli, and Wang Chunli, and sign an Equity Transfer Agreement. The transaction price is expected to be 635.0286 million yuan. After this transaction is completed, Tangshan Jidong Cement will obtain 100% equity of Shuangyashan Cement, making Shuangyashan Cement a subsidiary within the company's consolidated financial statements.
Tangshan Jidong Cement (000401.SZ): The overall capacity replacement implementation measures newly issued are generally bullish for the company.
Gelonghui Nov 1st | Tangshan Jidong Cement (000401.SZ) stated at the investor relations event that the newly issued capacity replacement implementation measures are generally bullish for the company. First of all, the implementation measures propose to raise the standards for the capacity to be replaced, clearly stating that inefficient and environmentally non-compliant capacity cannot be used for replacement, which is beneficial for controlling the addition of new capacity; secondly, the conversion table for capacity has been abolished, based on the filed capacity, which is beneficial for the unified management of filed capacity and actual capacity, and promotes the healthy and standardized development of the industry; furthermore, the implementation measures set out requirements for the cement industry in energy efficiency, environmental protection, and transformation development, further clarifying the industry's sustainability in the cement industry.
Even After Rising 3.3% This Past Week, Tangshan Jidong CementLtd (SZSE:000401) Shareholders Are Still Down 52% Over the Past Three Years
