上峰水泥(000672.SZ)：终止对宁波项目子公司增资及对外收购资产事项

Core Viewpoint - The company has decided to terminate its investment and acquisition plans related to its subsidiary in Ningbo due to disagreements over asset valuation and current market conditions in the building materials industry [1] Group 1: Termination of Investment - The company’s board approved the termination of the investment in Ningbo Shafeng and the acquisition of assets due to a lack of consensus on asset valuation and delivery recognition [1] - The management team, in collaboration with the joint venture partner Ningbo Kaiyuan, agreed to withdraw from the original cooperation plan [1] Group 2: Financial Implications - The company will transfer its 51% stake in Ningbo Shafeng, which was established specifically for this cooperation and acquisition, to Ningbo Free Trade Zone Beidian Industrial Co., Ltd. for the amount of 25.5 million yuan [1] - After the transfer, the company will no longer consolidate Ningbo Shafeng into its financial statements and will not hold any rights or obligations related to it [1]