Conch Cement's acquisition of part of Yaobai special cement business was approved by Shaanxi Market Regulatory Bureau

2025-08-05 15:31:44

Recently, Shaanxi Market Regulatory Bureau issued a list of unconditionally approved operator concentration cases from July 28 to August 3, including the new joint venture between Shanghai Zhiheng New Energy Co., Ltd. and China Resources Power Holdings Co., Ltd. and the acquisition of part of the business of Yaobai Special Cement Group Co., Ltd. by Anhui Conch Cement Co., Ltd. The trial was concluded on August 1, 2025.

A few days ago, Shaanxi Market Regulatory Bureau issued a list of cases of unconditional approval of operator concentration from July 28 to August 3. These include the new joint venture between Shanghai Zhiheng New Energy Co., Ltd. and China Resources Power Holdings Co., Ltd. and the acquisition of part of the business of Yaobai Special Cement Group Co., Ltd. by Anhui Conch Cement Co., Ltd. The trial was concluded on August 1, 2025.

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Recently, Shaanxi Market Regulatory Bureau issued a list of unconditionally approved operator concentration cases from July 28 to August 3, including the new joint venture between Shanghai Zhiheng New Energy Co., Ltd. and China Resources Power Holdings Co., Ltd. and the acquisition of part of the business of Yaobai Special Cement Group Co., Ltd. by Anhui Conch Cement Co., Ltd. The trial was concluded on August 1, 2025.

2025-08-05 15:31:44

This cooperation is a key step for Jixiang Cement Plant to regain its new life after its shutdown. Relying on the operational capacity of ASEAN Energy Technology, the company will efficiently activate the mature 2500t/d production line and mining resources of the plant, improve efficiency and reduce costs through lean management, explore innovative modes of comprehensive utilization of resources, give full play to the advantages of energy technology, inject innovative power into Jixiang Cement, and promote its green and sustainable development. After the signing of the contract, the two sides will set up a joint working committee to promote the transfer and resumption of production of equipment in a "day as a unit" and strive to achieve an early release of production capacity.