JIDD: There is no obstacle to restructuring, the joint venture has already established

Byzengjiaming12

Updated Mon, 30 Jul 2018 15:48:19 GMT

冀东水泥

  On July 21st, Jidong Cement Co.,Ltd said on interactive portal that there is no obstacle to restructuring, the joint venture has already established. JIDD and BBMG are moving thirty subsidiary companies’ shareholding and two branch companies’ assets transition forward. After completion of the restructuring, BBMG corporation’s ten cement companies will be included in the scope of the consolidated statements.

  (Responsible Editor: Yu Yaoyi)