Tianshan Co., Ltd. (000877.SZ) publicly listed and transferred the cement clinker production capacity index of its subsidiary

Zhitong Finance App News, Tianshan Co., Ltd. (000877.SZ) announced that the production capacity indicators of the two cement clinker production lines of the company's subsidiaries were transferred through public listing. The total production capacity index was 4,500 t/d, equivalent to 1.35 million tons. The total amount of publicly listed transfers was 80.4 million yuan.

As confirmed by the property rights exchange, the subsidiary of Gansu Qilianshan Cement Group Co., Ltd. (“Qilianshan Cement”) signed up as the sole intended transferee and paid a security deposit according to the listing conditions, and became the transferee of this listing. It plans to transfer the above production capacity indicators at the listing reserve price. The transaction is expected to affect the company's current net profit of about 65.24 million yuan.