Cement in Jiangxi said that concentration advantage the resources development can control the production of investment

In addition, the company announces, the board of Balmain Shoes directors decides to give up the southern cement adds to register capital to have the initiative to recognize to pay a property right.The southern cement draws up to carry on capital increase to expand, will register capital is increased into 10,000,000,000 dollars by 3,500,000,000 dollars.Add 6,500,000,000 dollars registration capital to totally need to pay a property style 8,125,000,000 dollars.Currently, Chinese building materials incorporated company holds southern cement 80% ownership of a shares, cement in Jiangxi holds 4% ownership of a shares and presses this proportions to compute, cement in Jiangxi needs a property total amount as 325,000,000 dollars.Cement in Jiangxi said that concentration advantage the resources development can control the production of investment, to don,t control an investment item to carry on adjustment.