Tianshan Stock and Sinoma International plan to increase the capital of Sinoma Cement by 8.23 billion yuan

2023-12-05 09:16:33

After the completion of the capital increase, the registered capital of Sinoma Cement will increase to 10 billion yuan, and Sinoma International and Tianshan Stock will hold 40% and 60% of Sinoma Cement respectively.

On December 5, Tianshan announced that it would accelerate the pace of international development and jointly increase the capital of Sinoma Cement Co., Ltd. (Hereinafter referred to as "Sinoma Cement") by about 8.232 billion yuan in cash. After the completion of the capital increase, the registered capital of Sinoma Cement will increase to 10 billion yuan, and Sinoma International and Tianshan Stock will hold 40% and 60% of Sinoma Cement respectively.

The announcement shows that at present, Sinoma Cement has invested in three basic building materials production and operation projects abroad: one is the Zambian Industrial Park project invested in Zambia through the two-tier investment platform of Hong Kong, China and Mauritius, Africa, and the other is the Mengxin Cement Production Line project invested in Mongolia through the investment platform of Wulanchabu, Inner Mongolia. The three is the aggregate production line project directly invested by Sinoma Cement in Nigeria.

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Tianshan Stock and Sinoma International plan to increase the capital of Sinoma Cement by 8.23 billion yuan

After the completion of the capital increase, the registered capital of Sinoma Cement will increase to 10 billion yuan, and Sinoma International and Tianshan Stock will hold 40% and 60% of Sinoma Cement respectively.

2023-12-05 09:16:33

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