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Xinjiang Tianshan Cement Co., Ltd. announced that it plans to apply to banks for totally RMB 246.43 million short-term loan and RMB 279.86 million loan term loan, as well as RMB 200 million credit lines for fiscal 2009. The Company also announced that it plans to extend the RMB 540 million debt period with another one year with China National Materials Company Limited. |