According to the announcement made by Gulang Qilianshan Cement Limited (formerly Gansu Gulang Gorge Cement Co. Ltd.) on December 16th, decided by the company shareholders, Gulang Qilianshan Cement Limited acquires Gansu Gulang Gorge Cement Limited Liability Company. And after the acquisition, Gulang Qilianshan Cement Limited continues to exist, while Gansu Gulang Gorge Cement Limited is cancelled. Related debts of Gansu Gulang Gorge Cement Limited are to be taken over by Gulang Qilianshan Cement Limited.