Tianshan Cement and Jidong Cement to form joint venture in Liaoning

Tianshan Cement and Jidong Cement plan to jointly invest in a new company, Liaoning Jinzhong Cement Group, with registered capital of 1.8 billion yuan. Each will contribute 900 million yuan for a 50% stake, with Jidong Cement consolidating the joint venture.

“合资公司注册资本18亿元，天山股份与冀东水泥以现金方式各自认缴出资9亿元，分别持有合资公司50%的股权。”cs.com.cn

• 1 source
• cs.com.cn天山股份：拟与冀东水泥共设合资公司_中证网Dec 7, 2022

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