Huaxin Cement Establishes a New Company or Increases the Layout of Henan Aggregate Market

On April 20, Xinyang Xinxin Mining Co., Ltd. was established with a registered capital of 200 million yuan, which was jointly funded by Xinyang Huaxin Mining Group Co., Ltd., Huaxin Cement (Henan Xinyang) Co., Ltd. and Xinyang Huihe Development Investment Co., Ltd., accounting for 51%, 30% and 19% of the shares respectively. The business scope of the

Company includes licensed projects: mining of mineral resources in non-coal mines (projects that must be approved according to the law can only be carried out after being approved by the relevant departments, and the specific business projects shall be subject to the approval documents or licenses of the relevant departments) General projects: manufacturing of non-metallic mineral products; sales of non-metallic minerals and products; processing of construction stones; Sales of building materials; labor services (excluding labor dispatch); general cargo warehousing services (excluding hazardous chemicals and other items that need to be licensed and approved) (except for items that need to be approved according to law, business activities are carried out independently according to law with business licenses).