Dongwu Cement (00695.HK): Proposal by a controlling shareholder to sell shares fails.

Intelligence finance APP, Dongwu Cement (00695.HK) announced that the Board of Directors of the company was informed by Goldview that after friendly negotiations, the proposed transactions with Hong Kong Aviation I and Fenyuan Capital II have all expired, therefore, these transactions will not proceed. All liabilities under the proposed transactions I and II agreements are hereby null and void.