Tianrui Cement: The freeze order against the share capital of Tianrui Group has been lifted immediately

2025-07-30 10:02:09

Pursuant to the Civil Ruling issued by the People's Court of Shenzhen Qianhai Cooperation Zone, Guangdong Province, the Freezing Order against the share capital of Tianrui Group, which is held as to 70% and 30% by Mr. Li and Ms. Li, respectively, with a corresponding share capital of RMB1.4 billion and RMB0.6 billion, respectively, has been released with immediate effect.

On July 30, China Tianrui Cement announced that the company was informed by Yu Kuo, the controlling shareholder of the company, that according to the civil ruling issued by the People's Court of Qianhai Cooperation Zone in Shenzhen, Guangdong Province. The Freezing Orders in respect of the share capital of Tianrui Group (held as to 70% and 30% by Mr. Li and Ms. Li, respectively, with a corresponding share capital of RMB1.4 billion and RMB0.6 billion, respectively) have been released with immediate effect.

Earlier, China Tianrui Cement announced that 70% of Tianrui Group's share capital (equivalent to 1.4 billion yuan) held by Li Liufa and 30% of Tianrui Group's share capital (equivalent to 600 million yuan) held by Li Fengxuan were frozen. The freeze period is three years, from 10 July 2025 to 9 July 2028, during which the shares of Tianrui Group shall not be transferred or pledged, and Tianrui Group shall not distribute any dividends or bonuses to Li Liufa and Li Fengxuan.

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Tianrui Cement: The freeze order against the share capital of Tianrui Group has been lifted immediately

Pursuant to the Civil Ruling issued by the People's Court of Shenzhen Qianhai Cooperation Zone, Guangdong Province, the Freezing Order against the share capital of Tianrui Group, which is held as to 70% and 30% by Mr. Li and Ms. Li, respectively, with a corresponding share capital of RMB1.4 billion and RMB0.6 billion, respectively, has been released with immediate effect.

2025-07-30 10:02:09

CEMPI

102.19

-0.24 -0.23%

CONCPI

92.33

-0.57 -0.61%

CLKPI

103.97

-0.24 -0.23%

SPPI

44.88

0.00 0.00%

MORPI

75.16

-0.30 -0.40%

The 4500t/d new line of Fujian Cement will not be built! The original two transferred production capacity is used to supplement the indicators of three clinker lines.

On January 15, 2021, Fujian Provincial Department of Industry and Information Technology announced the capacity replacement plan of Fujian Cement Co., Ltd. for the construction project of cement clinker production line with a daily output of 4500 tons, which was not organized and implemented for some reasons. Now the enterprise applies for the change of the announcement.