Longquan Co., Ltd.: The Company has no overdue guarantee.

2026-04-02 10:36:12

On April 1, Longquan announced that after the approval of the guarantee, the total amount of the company's guarantee was RMB 40000 million yuan, all of which were guarantees for subsidiaries within the scope of consolidated statements, accounting for 24.29% of the company's audited net assets in 2025. The company has no overdue guarantee, no external guarantee involving litigation, and no loss due to the judgment against the guarantee.

On April 1, Longquan announced that after the approval of the guarantee, the total amount of the company's guarantee was RMB 40000 million yuan, all of which were guarantees for subsidiaries within the scope of consolidated statements, accounting for 24.29% of the company's audited net assets in 2025. The company has no overdue guarantee, no external guarantee involving litigation, and no loss due to the judgment against the guarantee.

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Correlation

On April 1, Longquan announced that after the approval of the guarantee, the total amount of the company's guarantee was RMB 40000 million yuan, all of which were guarantees for subsidiaries within the scope of consolidated statements, accounting for 24.29% of the company's audited net assets in 2025. The company has no overdue guarantee, no external guarantee involving litigation, and no loss due to the judgment against the guarantee.

2026-04-02 10:36:12

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.