Jiangxi Yadong, a subsidiary of Asia Cement (China) Holdings Corporation, is primarily engaged in the manufacturing and sale of cement products, clinker, and blast-furnace slag powder. As part of its ongoing operations, Jiangxi Yadong entered into a Sale and Purchase Agreement with Asia Cement Corporation, a Taiwanese company also focused on cement and related products. The agreement aligns with the Group's principal business activities, which remain unchanged, centered on the manufacture and sale of cement and concrete. The transaction was approved by the board, with certain directors abstaining due to their roles in both companies.
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