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.
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