Conch Cement recovered the entrusted financing principal of 900 million yuan and the income of 104 million yuan on schedule.

2023-06-21 09:25:57

On June 14, 2023, when the entrusted financial product expired, the company recovered 900 million yuan of entrusted financial principal in full, and obtained 104 million yuan of financial income, reaching the expected income target.

Conch Cement announced that on June 9, 2021, the company used 900 million yuan of its own funds to purchase Zhaorui Zengli Selected No.12 closed-end fixed income financing plan of Zhaoyin Finance Co., Ltd. for a period of 735 days, with an expected annual return of 5.70%. On June 14,

2023, when the entrusted financial product expired, the company recovered 900 million yuan of entrusted financial principal in full, and obtained 104 million yuan of financial income, reaching the expected income target.

As of the date of this announcement, the accumulated balance of entrusted wealth management of the Company is RMB 1 billion.

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Correlation

Conch Cement recovered the entrusted financing principal of 900 million yuan and the income of 104 million yuan on schedule.

2023-06-21 09:25:57

CEMPI

102.27

-0.24 -0.23%

CONCPI

86.76

+0.11 +0.13%

CLKPI

107.56

+0.83 +0.78%

SPPI

42.11

+0.13 +0.31%

MORPI

71.86

+0.03 +0.04%

Conch Cement: Net profit in the first three quarters was 2.743 billion yuan, down 56.89% year-on-year.

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.