The production line has been stopped and the production capacity has been sold! Equity Transfer of a Conch Cement Company

2025-06-09 09:39:14

In addition, Kunming Conch Cement has a 2500 t/d clinker line, which has been shut down on January 9, 2024. 1000t/d production capacity is sold to Wenshan Conch and 1500t/d production capacity is sold to Yunhan Cement of Yingjiang County.

According to a property rights trading platform, Kunming Conch Cement Co., Ltd. recently issued a pre-announcement on the transfer of 80% equity and 195.03 million yuan of creditor's rights. The company is 80% owned by Conch Cement and 20% owned by Dehong Development.

According to reports, the company's operating income in 2024 was 36.8782 million yuan, and its net profit was-44.658 million yuan. The total assets are RMB 207,262,300 yuan and the total liabilities are RMB 197,935,000 yuan.

In addition, Kunming Conch Cement has a 2500 t/d clinker line, which has been shut down on January 9, 2024. 1000t/d production capacity is sold to Wenshan Conch and 1500t/d production capacity is sold to Yunhan Cement of Yingjiang County.

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In addition, Kunming Conch Cement has a 2500 t/d clinker line, which has been shut down on January 9, 2024. 1000t/d production capacity is sold to Wenshan Conch and 1500t/d production capacity is sold to Yunhan Cement of Yingjiang County.

2025-06-09 09:39:14

At present, China's cement industry is falling into the most severe industry dilemma since this century, and merger and reorganization is an important measure to solve the situation of "downward demand, excess capacity, involution loss". Based on the current situation of China's cement industry and the experience of overseas mature market integration, this paper prospects the trend, path and mode of China's cement market integration in the future, and analyzes the potential risks that may arise, and puts forward reasonable suggestions from the three levels of government, association and enterprise. It is expected that during the "15th Five-Year Plan" period, China's cement industry will take substantial steps in mergers and acquisitions, make new major breakthroughs, effectively enhance industry concentration, and compete in the market.