Core 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].

Group 1 - The core idea of the announcement is that Huaxin Cement plans to integrate all its overseas assets into a new subsidiary and apply for a separate listing on an overseas stock exchange to enhance its operational capabilities and financing channels [1] - The spin-off listing is expected to improve the competitiveness and flexibility of the new subsidiary in overseas capital markets, facilitating financing and merger transactions [1] - This strategic move is significant for enhancing Huaxin Cement's influence in the global cement production and sales industry, aligning with its long-term goal of becoming a leading multinational building materials enterprise [1] Group 2 - The announcement emphasizes that the spin-off will contribute to the overall sustainable and stable development of the company [1]

Core Viewpoint - Huaxin Cement (600801.SH) plans to integrate all its overseas assets into a subsidiary to be established, aiming for a separate listing on an overseas stock exchange, which will enhance its operational capabilities and broaden financing channels [1] Group 1: Strategic Objectives - The spin-off listing is intended to enhance Huaxin Cement's competitiveness and flexibility in financing and mergers and acquisitions in the overseas capital market [1] - This move is significant for increasing Huaxin Cement's influence in the global cement production and sales industry, aligning with its long-term strategic goal of becoming a leading multinational building materials enterprise [1] Group 2: Operational Impact - 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 overall sustainable and stable development of the company will be supported by this spin-off listing [1]