Xinjiang Tianfeng Investment Co., Ltd.

Shangfeng Cement announced that its subsidiary Zhejiang Shangfeng Building Materials and Xinjiang Tianshan Cement's joint venture, Xinjiang Tianfeng Investment Co., Ltd., plans to acquire 100% of Xinjiang Bohai Cement Co., Ltd. Bohai Cement has a 5,500 t/d clinker line and a 1 million t/y cement grinding line in Bortala, Xinjiang.