Annual yield 2.13%! Conch Cement 1 billion principal financing earned 64 million yuan!

2025-01-02 10:29:13

When the product expired on December 26, 2024, the company fully recovered the principal of 1 billion yuan of entrusted financing and obtained 63.986 million yuan of financing income.

Conch Cement recently announced that on December 30, 2021, Anhui Conch Cement Co., Ltd. will use 1 billion yuan of its own funds to purchase the exclusive "Ruixin" fixed-income closed-end products of Jianxin Finance Co., Ltd. for a period of 1092 days. When the product expired on December 26,

2024, the company fully recovered the principal of 1 billion yuan of entrusted financing and obtained 63.986 million yuan of financing income.

As of the date of this announcement, the company's accumulated balance of entrusted financing is 0 yuan.


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Correlation

When the product expired on December 26, 2024, the company fully recovered the principal of 1 billion yuan of entrusted financing and obtained 63.986 million yuan of financing income.

2025-01-02 10:29:13

It is meaningless to fight price war blindly, and it is a rational way out to speed up negotiation and merger and industry integration. But at present, many cement enterprises are in an awkward situation and are in a dilemma: technological transformation has just landed, their own funds are under pressure, they have no strength to merge with their peers, and they are unwilling to withdraw from the market voluntarily.