Jidong Cement: major asset restructuring approved by Beijing SASAC
Jidong Cement announced that recently, the company received the approval of the state owned assets supervision and Administration Commission of Beijing Municipal People's Government on Tangshan Jidong Cement Co., Ltd. absorbing and merging Jinyu Jidong Cement (Tangshan) Co., Ltd. and raising supporting funds issued by Beijing SASAC. Beijing SASAC agreed to the transaction plan in principle.
This text is a result of machine translation.
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