Deep cooperation between Gezhouba Zhejiang Mining and Conch (Zhejiang) Holdings

On November 5, Gezhouba Zhejiang Mining Development Co., Ltd. and Conch (Zhejiang) Holding Co., Ltd. formally signed a strategic cooperation framework agreement in Ningbo. Exchange and cooperation

between the two sides Conch (Zhejiang) Holding Co., Ltd. is the headquarters company of Anhui Conch Cement Co., Ltd. in Zhejiang region, responsible for the development planning of Conch Cement in Zhejiang and Fujian. In Zhejiang Province, the cement production capacity is 23.25 million tons and the clinker production capacity is 3.6 million tons, accounting for about 13% of the total production capacity of the province. Cement products are widely used in large-scale infrastructure projects such as railways, highways, airports and water conservancy. Established in April 2023

, Gezhouba Zhejiang Mining Development Co., Ltd. is a wholly-owned subsidiary of China Gezhouba First Company. Gezhouba Zhejiang Mining Development Co., Ltd. operates a tuff mine for construction in Dongaoshan, Jintang Town, Zhoushan City, with a production scale of 8.6 million tons per year and a maximum berthing capacity of 7500 tons for the self-built supporting wharf, which is a rare large-scale construction aggregate mine in the central urban agglomeration of the Yangtze River Delta.

According to the agreement, the two sides will adhere to the principle of "resource sharing, complementary advantages, mutual benefit and common development", give full play to their respective advantages, coordinate and promote in-depth cooperation in the fields of comprehensive utilization of non-metallic mineral tailings and supply of sand and gravel aggregates, so as to better meet the needs of market economy development. At the

signing ceremony

, the responsible persons of China Gezhouba No.1 Sand Mixing Company, Gezhouba Zhejiang Mining Development Co., Ltd., Ningbo Conch Cement Co., Ltd. and Ninghai Qiangjiao Conch Cement Co., Ltd. attended the signing ceremony.