According to Zhitong Finance App, Huaxin Cement (600801.SH) announced that Huaxin Cement (Changyang) Co., Ltd. (“Huaxin Changyang) Co., Ltd.” (“Huaxin Changyang”), a wholly-owned subsidiary of the company, will transfer the 400,000 tons/year cement clinker production line to Hubei Yihua Chuxing Ecological Technology Co., Ltd. (“Yihua Chuxing” for short) at a price of 64 million yuan. By transferring the production capacity indicators of its cement clinker production line, Huaxin Changyang helps to optimize its asset structure and achieve efficient monetization, preservation and appreciation of assets.

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