BBMG and Jidong Cement to form joint venture combining cement assets

BBMG Group and Jidong Cement signed a joint venture agreement on February 7, 2018, to establish a new company, BBMG Jidong Cement (Tangshan) Co., Ltd., by contributing their respective cement assets. The registered capital is 3 billion yuan, with total contributions of 15.5308 billion yuan.

“双方共同出资组建合资公司，涉及冀东水泥重大资产重组且构成重组上市，须经中国证监会核准后方可实施。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com金隅(02009)拟与冀东水泥设立合资公司 注入二者水泥资产Feb 7, 2018

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