Taihang Cement new shareholder

Taihang Cement new shareholder
Published: 30 August 2007

Taihang Cement announced today that the company received the approval of the State-owned Assets Supervision and Administration Commission of the State Council for 42.43 million shares held by Hebei Taihang Huaxin Building Materials Co., Ltd in Taihang Cement to be transferred to Zhong Jingxin Investment Co., Ltd. Upon completion of the transfer, Hebei Taihang Huaxin Building Materials will hold 114 million shares, accounting for 30% of the total, while Zhongjingxin Investment Co. Ltd will hold 42.43 million shares, accounting for 11.17% of the total.