# Jidong Haitian Cement Wenxi to acquire two concrete companies for 71.1 million yuan

Jidong Haitian Cement Wenxi Co., Ltd., a holding subsidiary of Jidong Cement, plans to acquire 100% equity of Wenxi Xin Haitian Concrete Co., Ltd. and Yuncheng Haixin Haitian Concrete Co., Ltd. for a total evaluation value of 71.1335 million yuan.

- Type: Acquisition
- Announced: 2024-12-06
- Where: China
- Value: $9.90M (71.1M CNY)
- Status: announced
- Products: concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Jidong Haitian Cement Wenxi](https://endata.com/companies/81700.md) (acquirer)
- [Wenxi Xin Haitian Concrete](https://endata.com/companies/81701.md) (target)
- [Yuncheng Haixin Haitian Concrete](https://endata.com/companies/81702.md) (target)

## Sources

- [ysfrit.com](http://www.ysfrit.com/news/over-706-million-jidong-cement-plans-to-acqui-83263033.html), 2024-12-11: "Jidong Haitian Cement Wenxi Co., Ltd., a holding subsidiary of Jidong Cement, plans to acquire 100% equity of Wenxi Xin Haitian Concrete Co., Ltd. and 100% equity of Yuncheng Haixin Haitian Concrete Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.