On June 4, the Department of Industry and Information Technology of Shandong Province issued the Announcement on the Closure and Demolition of the Cement Clinker Production Line of Shandong Quanxing Cement Co., Ltd.

After the completion of the transfer of production capacity indicators, Xinping Company will shut down and dismantle the original rotary kiln production equipment according to law, retain the existing cement grinding system, and plan to invest about 23.5 million yuan in environmental protection and energy consumption technology transformation of the grinding system, while using existing mine resources to carry out aggregate production and sales. It is understood that the limestone mine development project of Piqimo Building Stone in Yangwu Town of Xinping Company will become an important carrier of Xinping Company in the utilization of mine resources.