600801.SH announced that the company signed a "capital increase agreement" with Huangshi State-owned assets Supervision and Administration Commission (Huangshi State-owned assets Supervision and Administration Commission) 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.
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, high-tech industry investment, etc., 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.
Since the establishment of Huangshi State-owned assets Company, it has gradually formed four main business sectors: mine wharf, scientific and technological innovation, modern service and cultural tourism. In the past three years, the state-owned assets company in Huangshi City has developed steadily, and no major changes have taken place in its main business. As of December 31, 2021, Huangshi State-owned assets Company had combined assets of 32.219 billion yuan, net assets of 14.175 billion yuan, asset-liability ratio of 56.01%, and realized operating income of 6.512 billion yuan and net profit of 1.19 billion yuan (audited) in 2021. As of March 31, 2022, Huangshi State-owned assets Company had combined assets of 34.622 billion yuan, net assets of 14.486 billion yuan, asset-liability ratio of 58.16%; operating income of 1.826 billion yuan and net profit of 61 million yuan in the first quarter of 2022.