China Tianrui Group Cement Warns on Slow Recovery of RMB12.27 Billion Coal Prepayments
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China Tianrui Group Cement Co., Ltd. has announced that it has only managed to recover about 10%-15% of the RMB12.27 billion in prepayments made to coal suppliers by the end of 2025, significantly below expectations. The company is negotiating revised recovery plans and has warned shareholders of potential risks to its cash flow and financial position. The latest analyst rating for the stock is a Hold with a price target of HK$0.26. The company operates in the cement industry and is heavily reliant on coal supplies.
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