According to a legal auction website, recently, Guizhou Xinsheng Coal Chemical Co., Ltd. held 15% of the shares of Shuicheng Conch Panjiang Cement Co., Ltd. and successfully won by Conch (Guizhou) Holding Co., Ltd. with a transaction price of 32.39975 million yuan.
Shuicheng Conch Panjiang Cement Co., Ltd. is jointly owned by Anhui Conch Cement , Guizhou Panjiang Coal and Electricity Group and Guizhou Xinsheng Coal Chemical Co., Ltd. After the successful auction, the shares of Conch Cement accounted for 70%. Guizhou Xinsheng Coal Chemical Industry does not hold the equity of Shuicheng Conch Panjiang Cement Company.
(Industrial and commercial information of Shuicheng Conch Panjiang Cement Company before stock auction)