Western Construction released its third-quarter performance announcement on the evening of October 21, saying that its revenue in the first three quarters of 2026 was about 10.275 billion yuan, a decrease of 25.98% compared with the same period last year; the net profit loss attributable to shareholders of listed companies was about 454 million yuan; and the basic earnings per share loss was 0.3718 yuan.

According to the announcement, the issue was fully subscribed by Conch Group. Conch Group currently holds 60% of Wanwei Group, the controlling shareholder of Shanshan.