Jiangxi Yadong Cement Co., Ltd., a subsidiary of Asia Cement (China) Holdings Corporation, has entered into a significant Sale and Purchase Agreement with Asia Cement Corporation. Under this agreement, Jiangxi Yadong will supply ordinary Portland cement and cement clinker in bulk to Asia Cement Corporation. The total value of the transaction is set not to exceed US$23.4 million, covering the period from June 20 to December 31, 2025. This deal underscores the ongoing collaborative relationship between the two entities, with Asia Cement Corporation holding a substantial 73.07% share in the parent company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asia Cement (China) Holdings Corporation published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.