AVIC International Holdings Limited publishes Accountants’ Report of the KHD Group pursuant to Hong Kong Stock Exchange regulations

AVIC International Holding Limited (AVIC International), indirect majority shareholder of KHD Humboldt Wedag International AG (KHD), is a listed company on the Hong Kong Stock Exchange. As a consequence of acquiring the majority of KHD shares and in accordance with Chapter 14 of the Hong Kong Stock Exchange listing rules, AVIC International is required to publish an Accountants’ Report of the KHD Group as an appendix to the Circular on major acquisitions.

The Accountants’ Report summarizes financial information based on KHD Group’s published financial reports for the reporting dates December 31, 2011, December 31, 2012, December 31, 2013 and for the two six-month periods ending June 30, 2013 and June 30, 2014 in accordance with requirements applicable for purposes of the Circular in Hong Kong.

The Accountants’ Report is available on the Hong Kong Stock Exchange website as Appendix I under the below link:
http://www.hkex.com.hk/eng/csm/ShowNews.aspmkt=hk&FileName=http://www.hkexnews.hk/listedco/listconews/sehk/2014/0919/LTN20140919463.pdf

KHD Group

KHD is a global leader for providing equipment and services to cement producers with over 150 years of experience in the cement industry. Process engineering and project management are among the core competencies of the technology-focused group. KHD offers a wide spectrum of products and services for the cement industry and is a leader in environmentally friendly and energy-efficient products for the grinding and pyro processing sections of the plants. The holding company KHD Humboldt Wedag International AG, based in Cologne, Germany, coordinates its internationally operating subsidiaries. The group employs more than 750 employees worldwide, including customer service centers in growing markets like India, Russia and the Asia Pacific region. KHD Humboldt Wedag International AG (ISIN: DE0006578008, WKN: 657800) is listed on the Frankfurt stock exchange (General Standard). More information: www.khd.com.

Contact

KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations

Tel.: +49 (0)221 – 6504-1500
E-Mail: michael.nielsen@khd.com
Website: www.khd.com

Related topics

KHD Concludes Negotiations on New Bank Guarantee Bonding Facility Totaling € 130,000,000

Claudius Peters Projects GmbH (“CPP”) and KHD Humboldt Wedag GmbH (“KHD”) have settled all disputes relating to or arising out of alleged patent infringement, validity of, and/or breach of intellectual property rights in and to the ETA Cooler technology and other related matters.

KHD Humboldt Wedag International AG: Settlement of a dispute with Claudius Peters Projects GmbH

Effective from 1st of February, 2020, Matthias Mersmann has been appointed by the Supervisory Board as a new member of the Management Board of KHD Humboldt Wedag International AG. He contributes his long-term expertise in the technology of cement manufacturing processes and equipment design which he has acquired in various executive positions with OEM suppliers as well as independent consultant.

KHD Humboldt Wedag International AG: Update of revenue guidance for 2011

KHD Humboldt Wedag International AG (KHD), one of the leading suppliers of plant and services for the cement industry, has announced today that previously projected revenues (August 2011) of € 270 million for the 2011 financial year will not be reached. Uncertainty in some markets, in particular India, has led to lower cement demand and thus customer postponements in project execution. Nevertheless KHD retains its EBIT guidance of € 16 – € 19 million for the current financial year. KHD will publish Q3 2011 financial results on November 11, 2011.