China Communications Construction: The State-owned Assets Supervision and Administration Commission of the State Council approved the overall plan for asset restructuring and supporting financing of Q

2023-03-10 09:18:49

China Communications Construction announced that the company has received the approval of SASASAC of the State Council on Asset Restructuring and Supporting Financing of Gansu Qilian Mountain (600720) Cement Group Co., Ltd. The SASAC of the State Council has agreed in principle to the overall plan for asset restructuring and supporting financing of Qilian Mountain.

China Communications Construction announced that the company has received the approval of SASASAC of the State Council on Asset Restructuring and Supporting Financing of Gansu Qilian Mountain (600720) Cement Group Co., Ltd. The SASAC of the State Council has agreed in principle to the overall plan for asset restructuring and supporting financing of Qilian Mountain.

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China Communications Construction announced that the company has received the approval of SASASAC of the State Council on Asset Restructuring and Supporting Financing of Gansu Qilian Mountain (600720) Cement Group Co., Ltd. The SASAC of the State Council has agreed in principle to the overall plan for asset restructuring and supporting financing of Qilian Mountain.

2023-03-10 09:18:49

More vigilance is that capacity replenishment is essentially a reinvestment behavior, for cement enterprises, as soon as possible to recover investment costs is the core demand, which means that the probability of enterprises will significantly increase capacity utilization next year. For enterprises with no overproduction space and no capacity to supplement, they can only produce in strict accordance with the approved capacity. It is difficult to reconcile the uneven and "unfair" contradictions at the operational level, which will further aggravate the instability of the cement market next year. It can be predicted that after this round of supplementary production, a new round of market competition in the cement industry will begin.