Tianrui Cement: Winding-up Petition Against Controlling Shareholder Yu Kuo Rejected

2025-11-27 13:39:26

On November 26, Tianrui Cement announced that it had been informed by its controlling shareholder, Yu Kuo, that the High Court of Hong Kong had made an order rejecting the liquidation petition against Yu Kuo.

Earlier, on September 9, Tianrui Cement announced that it had been informed by controlling shareholder Yu Kuo that Zhongwei Securities had been allowed to replace the petitioner in the liquidation proceedings against Yu Kuo. At that time, China Tianrui Cement said that Yu Kuo still maintained communication with Zhongwei Securities and would continue to explore friendly solutions with it.

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Correlation

Tianrui Cement: Winding-up Petition Against Controlling Shareholder Yu Kuo Rejected

2025-11-27 13:39:26

CEMPI

103.14

+0.64 +0.62%

CONCPI

90.44

0.00 0.00%

CLKPI

110.49

+0.46 +0.42%

SPPI

44.93

0.00 0.00%

MORPI

73.32

0.00 0.00%

Cement Network Report: Lucky Cement Plans to Build 1.6 Million Tons of Cement Production Capacity in Congo (DRC)

Lucky Cement is embarking on a wave of overseas expansion with a major capacity expansion project in the Democratic Republic of Congo (DRC) through its joint venture, Nyumba Ya Akiba. According to the plan, NYA will build a new cement production line with an annual output of 1.6 million tons.