Cement Network Video: Conch is expected to take over! Western Cement Intends to Sell Certain Domestic Assets

2026-03-16 10:46:00

West Cement is in preliminary negotiations with potential buyers for the disposal of certain assets in China, with the aim of optimizing the investment structure, reducing debt, focusing on core areas and expanding overseas markets.

Western Cement announced that the company is in preliminary negotiations with potential buyers on the sale of certain domestic assets in order to optimize the investment structure, reduce liabilities, focus on core areas and expand overseas markets. At present, the matter is still in the stage of preliminary negotiation and due diligence, no legally binding agreement or document has been signed, and the terms of the transaction have not yet been determined. It is worth noting that the potential buyer is an associate of Conch International Holdings (Hong Kong) Limited, the company's major shareholder.

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Correlation

Cement Network Video: Conch is expected to take over! Western Cement Intends to Sell Certain Domestic Assets

2026-03-16 10:46:00

CEMPI

98.49

+0.12 +0.12%

CONCPI

89.83

0.00 0.00%

CLKPI

101.89

0.00 0.00%

SPPI

44.89

0.00 0.00%

MORPI

73.32

0.00 0.00%

Cement network data: statistics of flat glass output of all provinces and cities in China from January to February 2026

From January to February 2026, the statistics of flat glass production in all parts of the country show that the cumulative output of flat glass in the whole country shows a certain trend. The cumulative output of flat glass in China decreased by 3.50% year on year. Among the regions, the output of Chongqing increased by 45.09% year-on-year, while the output of Yunnan decreased by 66.38% year-on-year. In some areas, such as Beijing, Shanghai and Qinghai, the yield data are missing. The output of other regions increased or decreased year on year, reflecting the differences in the production of flat glass in different regions.