On April 8, Hefei Conch Building Materials Co., Ltd. was established with legal representative Cheng Xiaobing and registered capital of RMB 300 million. Its business scope includes cement production, cement products manufacturing, new building materials manufacturing, light building materials manufacturing, cement products sales, building materials sales, centralized fast charging stations, etc.
Shareholder information shows that the company is jointly owned by Conch Cement and its Chaohu Conch Cement Co., Ltd.

On April 9, Yangzhou Conch Zhurun New Materials Co., Ltd. was established , with Zhai Yigang as its legal representative and a registered capital of 30 million yuan. Its business scope includes new material technology promotion services, new material technology research and development, cement product manufacturing, cement product sales, etc.
Equity penetration shows that the company is indirectly wholly owned by Conch Cement.

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