Ge Long Hui·2025-08-31 19:54Core Viewpoint - Huaxin Cement (600801.SH) plans to integrate all its overseas assets into a proposed subsidiary to be established by Huaxin Cement or its affiliates, with the intention of applying for a listing on an overseas stock exchange. This move aims to enhance the company's operational capabilities and competitiveness in the global cement industry [1]. Group 1 - The proposed spin-off subsidiary will help broaden financing channels and integrate resources, thereby improving Huaxin Cement's operational capabilities [1]. - The spin-off is expected to enhance the subsidiary's competitiveness and flexibility in financing and merger transactions in overseas capital markets [1]. - This initiative aligns with Huaxin Cement's long-term strategic goal of becoming a leading multinational building materials enterprise [1]. Group 2 - The spin-off will not affect Huaxin Cement's control over the relevant overseas assets, as the proposed subsidiary will remain a controlled subsidiary within Huaxin Cement's consolidated financial statements [1]. - The spin-off is deemed beneficial for the company's overall sustainable and stable development [1].