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bbmg corporation (601992.SH): Wenxi Company plans to acquire 100% equity of Wenxi Commercial Concrete for 71.1335 million yuan and 100% equity of Yuncheng Commercial Concrete.
On December 6, Gelonghui reported that BBMG Corporation (601992.SH) announced that Wenxi Company plans to acquire 100% equity of Wenxi Commercial Concrete and 100% equity of Yuncheng Commercial Concrete held by Shanxi Xinhaitian Industrial Co., Ltd. (hereinafter referred to as "Xinhaitian Industrial") in cash, and will sign the "Equity Transfer Agreement" respectively, with a total transaction value proposed to be 71.1335 million yuan. After the completion of this transaction, Wenxi Company will acquire 100% equity of Wenxi Commercial Concrete and Yuncheng Commercial Concrete. Wenxi Commercial Concrete and Yuncheng Commercial Concrete will become subsidiaries within the company's consolidated financial statements.
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.
Citic sec consumer building materials 2025 investment strategy: Profit margin and valuation level usher in mean reversion.
With the policy of "promoting the stabilization of the real estate market" as the core goal, achieving this goal is of great significance for the valuation repair of the consumer building materials sector.
Hong Kong stocks are moving differently | Cement stocks are among the top gainers as the cement prices continued to rise year-on-year and month-on-month in October. Institutions claim that there is still significant room for recovery in cement PB.
Cement stocks have increased significantly. As of the time of writing, cnbm (03323) rose by 7.96%, trading at 3.39 HKD; bbmg corporation (02009) increased by 6.33%, trading at 0.84 HKD; conch cement (00914) went up by 5.35%, trading at 21.65 HKD; huaxin cement (06655) increased by 3.31%, trading at 7.8 HKD; westchinacement (02233) rose by 3.13%, trading at 1.32 HKD.
Guolian Securities: Cement "off-season not light" in 24Q3, price center may continue to rise
In the third quarter of 2024, in most regions, the staggered increase in cement intensity continues to increase, with the industry's supply and demand situation gradually improving. Cement prices continue to rise slightly, showing a certain "off-season not light" characteristic. Both industry profits on a month-on-month and year-on-year basis have improved.
BBMG Wins Land Use Rights in Beijing's Tongzhou District
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