Conch Cement Response Changfeng Conch Account was sealed event

Source: Internet
Author: User
23rd, Conch Cement (600585) to its holding subsidiary of Anhui Changfeng Conch Cement Co., Ltd. because of the cement supply problems by the court to freeze the accounts, sealed the company's financial system of the incident to respond, and suggested that the parties to resolve the issue of consultation.  December 22, Hefei City key Engineering administration of Changfeng Conch Cement Company to supply cement defaults, the application of the Hefei Intermediate People's Court to the company issued a civil decision, and in the same day the site froze Changfeng Conch Account, sealed the company's accounting system, lifting the Changfeng conch two vehicles, leading to the company's production and operation seriously hampered. December 23 Conch Cement said, because it is due to power rationing this force majeure factors brought by the insurance, not the responsibility of the factory, Hefei City key Engineering authority of the above-mentioned behavior is improper.  According to the introduction, Changfeng Conch was established in 1999, at present the company has an annual output of 1.5 million tons of cement grinding system capacity. It is reported that the June 2009 Changfeng Conch made Hefei mayor of Jiangxi Road viaduct, light rail and other key municipal engineering cement supply right. The total amount of tender contract reached 694,000 tons.  After that, the cooperation between the two sides has been very good. From October 13, 2010 onwards, because of Anhui electric power regulation, Changfeng conch Cumulative production of 200,000 tons during this period. At the same time, due to clinker prices, freight rose, Changfeng conch p ·  O42.5-grade bulk cement production cost has exceeded 500 yuan/ton, but Changfeng Conch Supply Hefei Key Project cement factory price of 242.2 yuan/ton, the company operation is difficult. At the same time, after entering the December, although the power off, but due to the impact of significant cost rise, Changfeng conch supply key projects loss of huge, cement supply encountered unprecedented difficulties. December 16, the key engineering construction Authority wrote to Changfeng Conch, asked to increase the daily supply from the original daily average of 1300 tons to 6000 tons.  Changfeng Conch Capacity scale of only 4000 tons/day, simply can not meet the demand.  Although Changfeng Conch has taken a series of measures to ensure the supply of the project, but it is still difficult to meet the city's key engineering bureau requirements of not less than 5000 tons of high grade cement requirements.  As a result of the continuous tension of cement supply to Hefei key project construction has brought certain influence, December 22 Hefei key Engineering administration to Changfeng Conch Supply cement defaults, Application Hefei Intermediate Court to Changfeng Conch issued a civil ruling, took the above measures. Conch cement that, as a long-term partner, in the face of difficulties, the two sides should be in good faith cooperation, mutual trust and the principle of further consultations to resolve. Conch Cement proposal, according to the "procurement contract" in the force majeure provisions, reasonable scheduling key project progress and cement demand plan, the appropriate extension of construction time and cement contract supply period, to ensure the continuous stability of key engineering cement supply; At the same time, to restore normal production and operation order, to ensure cement supply, Shall immediately lift the seizure of Changfeng conch property and the two sides should adjust the price of cement supply according to the actual situation of the market.

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