Shangfeng Cement intends to increase the capital of its wholly-owned subsidiary by 400 million yuan.

2024-09-14 14:18:38

In order to further improve and optimize the financial structure of Ningbo Shangrong Logistics Co., Ltd. and promote sustainable development, the capital source of this capital increase is the company's own funds, which will not adversely affect the company's financial and operating conditions, and will not damage the interests of the company and its shareholders.

Shangfeng Cement announced in the evening of September 13 that the company intends to increase its capital by 400 million yuan to Shangrong Logistics, a wholly-owned subsidiary, with its own capital. The registered capital of Shangrong Logistics will be increased from 30 million yuan to 430 million yuan.

In order to further improve and optimize the financial structure of Ningbo Shangrong Logistics Co., Ltd. and promote sustainable development, the capital source of this capital increase is the company's own funds, which will not adversely affect the company's financial and operating conditions, and will not damage the interests of the company and its shareholders.

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In order to further improve and optimize the financial structure of Ningbo Shangrong Logistics Co., Ltd. and promote sustainable development, the capital source of this capital increase is the company's own funds, which will not adversely affect the company's financial and operating conditions, and will not damage the interests of the company and its shareholders.

2024-09-14 14:18:38

On February 28, the Department of Industry and Information Technology of Inner Mongolia Autonomous Region issued the requirement of "Inner Mongolia continues to promote the normal peak staggering production of cement in the heating season of 2025-2026", which requires that the normal peak staggering production of cement in this heating season continue to be carried out for 5 months and 151 days, that is, from 0:00 on November 1, 2025 to 24:00 on March 31, 2026, and the normal peak staggering production of cement in this heating season. 100% of the cement clinker production lines in the whole region are required to participate in peak staggering production.