Recently, Conch Cement has set up three new subsidiaries in Jiangsu Province, specifically:
On August 4, Anhui Conch Cement Co., Ltd. (Hereinafter referred to as "Conch Cement") added a new foreign investment enterprise named Nantong Tongzhou Conch New Materials Co., Ltd.
According to the inspection, Nantong Tongzhou Conch New Materials was established on July 21, 2023, with the legal representative being Zhai Yigang and the registered capital being RMB 30 million. Its business scope includes the manufacture of cement products, the manufacture of new building materials (excluding hazardous chemicals), and the research and development of machinery and equipment. Equity penetration shows that the company is 100% controlled by Conch Cement.
On July 27, Zhangjiagang Conch New Building Materials Co., Ltd. was established . The legal representative is Wu Weiguo. The registered capital is 30 million yuan. The business scope includes: manufacturing of cement products; manufacturing of concrete structural components; sales of building materials, etc. Equity penetration shows that the company is 100% controlled by Conch Cement. Conch (Jiangsu) Holding Co., Ltd. was established
on July 13. Its legal representative is Gui Yinshui, and its registered capital is RMB 100 million. Its business scope includes: investment activities with its own funds; wholesale of auto parts; solar power generation technology services; wind power generation technology services; energy storage technology services, etc. Equity penetration shows that the company is 100% controlled by Conch Cement.