BBMG and Jidong Cement to form joint venture with approved asset valuations

BBMG Group and Tangshan Jidong Cement received approval from the Beijing SASAC for the valuation of assets they will contribute to a new joint venture. BBMG's assets were valued at approximately CNY 7.313 billion and Jidong's at approximately CNY 8.217 billion.

“2018年2月26日，北京市国资委对公司与冀东水泥在此次组建合资公司中双方出资资产的评估结果进行了核准。”beta.zhitongcaijing.com

• 2 sources
• beta.zhitongcaijing.com金隅(02009)：拟注入合资公司的水泥资产的评估结果获核准Feb 26, 2018
• beta.zhitongcaijing.com金隅集团(02009)将水泥等资产注入冀东水泥获联交所批准Mar 28, 2018

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