Huaxin Building Materials Group (600801.SH) subsidiary plans to transfer cement clinker production line capacity indicators for RMB64 million.
Huaxin Building Materials (600801.SH) announced that its controlled wholly-owned subsidiary Huaxin Cement (Changyang) Co., Ltd. ("Huaxin Changyang") has transferred the capacity indicators of 400,000 tonnes/year of cement clinker from its 4,000 tonnes/day cement clinker production line to Hubei Yihua Chuxing Ecological Technology Co., Ltd. ("Yihua Chuxing") for RMB64 million. By transferring the capacity indicators of its cement clinker production line, Huaxin Changyang will help optimize its asset structure and achieve efficient asset monetization and value preservation and appreciation.
Huaxin Building Materials Group (600801.SH) announced that its controlled wholly-owned subsidiary Huaxin Cement (Changyang) Co., Ltd. ("Huaxin Changyang") has transferred the 400,000 tonnes/year cement clinker capacity indicators of its 4,000 tonnes/day cement clinker production line to Hubei Yihua Chemical Industry Chuxing Ecological Technology Co., Ltd. ("Yihua Chuxing") for RMB64 million. By transferring the capacity indicators of its cement clinker production line, Huaxin Changyang will help optimize its asset structure and achieve efficient asset monetization and value preservation and appreciation.
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