Zhitong Financial APP, Huaxin cement (600801.SH) notice, the company signed a "capital increase agreement" with Huangshi Municipal people's Government State-owned assets Supervision and Administration Commission ("Huangshi SASAC") and Huangshi State-owned assets Management Co., Ltd. ("Huangshi State-owned assets Company"). Huaxin cement invested 1 billion yuan in Huangshi State-owned assets Company. After the investment, Huaxin cement holds a 5.2173% stake in Huangshi State-owned assets Company.

It is reported that Huangshi State-owned Company has rich experience and good performance in the business development of green mine investment, sand and gravel amalgamation center, clean energy and high-tech industry investment, which is in line with the company's industrial development direction. After the completion of this transaction, it will help the two sides to deepen strategic cooperation, further promote the company to accelerate the layout of non-cement business, improve the company's scientific and technological innovation capability, and help the company to achieve the green and low-carbon transformation and development of the integrated industrial chain.