Xinjiang Tianshan Cement Co.Ltd(000877) : planning matters related to asset acquisition

Xinjiang Tianshan Cement Co.Ltd(000877) (SZ Xinjiang Tianshan Cement Co.Ltd(000877) , closing price: 13.43 yuan) announced on April 14 that on April 14, 2022, Xinjiang Tianshan Cement Co.Ltd(000877) received a notice from the company's controlling shareholder, China Building Materials Co., Ltd., that China Building Materials Co., Ltd. is planning matters related to the acquisition of the company's assets, which is not expected to constitute a major asset reorganization of the company. As of the disclosure date of this announcement, the matter is currently in the initial negotiation and planning stage. The company has not signed any letter of intent or relevant transaction agreement on the matter, and has not determined the counterparty, the specific asset scope involved and the transaction consideration. Therefore, there are major uncertainties in this matter, and the company will timely perform the corresponding information disclosure obligations according to the follow-up progress.

From January to December of 2021, Xinjiang Tianshan Cement Co.Ltd(000877) the operating revenue composition is: Cement accounts for 98.02%.

Xinjiang Tianshan Cement Co.Ltd(000877) 's chairman is Chang Zhangli, male, 52, with a master's degree background; The president is Xiao Jiaxiang, male, 59 years old, with a doctorate background.

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