Birth of Conch Group

2025-05-19 09:57:40

In 2026, Conch Group is about to celebrate its 30th anniversary. Over the past 30 years, it has moved from Anhui to the whole country and the world, and has become the leader of China's cement industry.

In 2026, Conch Group is about to celebrate its 30th anniversary. Over the past 30 years, it has moved from Anhui to the whole country and the world, and has become the leader of China's cement industry. It has been the leader in the cement industry for many years. But few people know that 30 years ago, Conch Group was almost stillborn.

The story begins in 1994. At that time, a wave of reform of government institutions swept across the country, and Anhui responded positively. On April 20, 1994, Wanfa No.5 Document "Reform Plan of Provincial Party and Government Institutions" required that "the original administrative functions of the Provincial Building Materials Bureau should be transferred to the Provincial Economic and Trade Commission respectively".

"In accordance with the deployment of the provincial Party Committee and the provincial government, the Anhui Building Materials Bureau has issued a plan to establish the Anhui Building Materials (Group) Co., Ltd. (Hereinafter referred to as the head office), through the authorization of the government, to establish the property rights relationship between the parent and subsidiary companies of the group head office and the member enterprises of the group with assets as a link, and to establish the property rights of the parent and subsidiary companies of the group." According to the overall development plan of the group, the head office of the group makes a unified decision within the scope of the group enterprise to adjust the organizational structure and product structure of the enterprise.. In the office building of Anhui Building Materials Bureau, the original director's office has been opened into the chairman's office, and the reception secretary has been found in the outside room. At the same time, the head office's personnel assigned to important positions in Ningguo Cement Plant, a directly affiliated enterprise, are also brewing and legendary. Guo Wensan,

then director of Ningguo Cement Plant, was restless after learning about the plan. In the hearts of him and a group of people, he has always cherished the dream of building Conch Group. Since its establishment in 1978, Ningguo Cement Plant has been developing for many years and has emerged in the industry. After Guo Wensan took charge of Ningguo Cement Plant in 1991, the first thing he did was to localize the new dry process cement to solve the problem of too many people and low labor productivity in Ningguo Cement Plant. In 18 months, a new dry process localization production line with a daily output of 2000 tons was built with an investment of less than 300 million yuan. Ningguo Cement Plant has determined the strategic idea of "one industry as the main industry, diversified economy, trans-regional and trans-industry development", invested in the production line of building materials steel profiles in Wuhu National Economic and Technological Development Zone, and established an Anhui Ningchang Plastic Packaging Co., Ltd. and a construction and installation company. After receiving the

Since there were two different opinions, at that time, the Anhui Provincial Government invited Liu Zhengtian, member of the Standing Committee of the Anhui Provincial Advisory Committee, Liu Chun and Jin Wenxuan, who had participated in the construction of Ningguo Cement Plant, to conduct research. The latter two have held leading positions in the construction headquarters of Ningguo Cement Plant and Anhui Building Materials Bureau.

The research team has visited the enterprises directly under the Anhui Building Materials Bureau

Research Team have all held important positions in government agencies." They know that running an enterprise and administrative management are two different things. In the investigation, they learned that there were three things that made the enterprise unable to believe that the head office transformed by Anhui Building Materials Bureau had the ability to run the enterprise well.

The first thing is the construction of the building materials building. At the end of the 1980s, the Anhui Provincial Building Materials Bureau demolished a vacant lot in Sanxiaokou, a prosperous and important place in the center of Hefei, and planned to build a building materials building. At that time, there were two options: First, to other units of construction, building materials Bureau out of the land, do not take a penny, after the completion of the two sides of the construction area; Second, building materials Bureau independent construction.

When discussing the plan, the members of the leading group unanimously agreed to the independent construction plan. Everyone thought, there are cement and glass enterprises directly under the Provincial Building Materials Bureau, and they are engaged in building materials, can't they build a building?

Provincial Building Materials Bureau to build building materials building, subordinate enterprises naturally can not stand idly by. The directly affiliated enterprises have invested in succession. Ningguo Cement Plant took out more than 8 million yuan. However, in the process of project promotion, problems come one after another, construction costs continue to rise, and the funding gap is growing. Seeing that it was difficult to continue, the Provincial Building Materials Bureau asked Ningguo Cement Plant, which invested the most, to send a deputy director to the Building Materials Building and take full responsibility for the construction of the building. After the deputy factory director was stationed, he found that the personnel composition of the construction preparatory office was complex, and many of them had the endorsement of leaders from all walks of life. The deputy director of Ningguo Cement Plant felt powerless in the face of such a situation. Guo Wensan made a decisive decision to withdraw the personnel. He would rather give up the more than 8 million than go to this muddy water and fill this bottomless pit.

Since then, for a long time, the building materials building has become uncompleted residential flats. It was not until the abolition of the Building Materials Bureau in 2004 that the Anhui Economic and Trade Commission coordinated the businessmen from Wuhan to clean up the mess. It was renamed Jinchuan Building. Wuhan businessmen are said to have invested 40 million yuan, built the building and sold it for 50 million yuan. Because the design of the building is congenitally deficient, the revolving restaurant on the top floor is naturally gone. Underground parking, only a few cars. In order to make profits, Wuhan businessmen sold the hall into a facade room, making an apartment building located in the downtown area, neither fish nor fowl. The rent is lower than surrounding office buildings. The subordinate enterprises of the Building Materials Bureau have invested tens of millions of yuan, and the last square area has not been obtained. Instead, some employees of the Building Materials Bureau got "benefits". Because this building blocks the sunshine of the staff dormitory behind it, the staff of Building 4 of the Building Materials Bureau. Each household received an average of about 1.

The third thing is the construction of Tongling Cement Plant. Tongling Cement Plant is a World Bank loan project. The provincial building materials Bureau is responsible for the preparation, which is a famous "beard" project. Construction began in 1983, and the headquarters team without a legal person changed again and again. Due to the lack of investment and construction funds, the budget was adjusted from 800 million to 16. In September 1995, the Anhui Provincial Government decided to appoint Guo Wensan, director of Ningguo Cement Plant, as chairman and general manager, with Ningguo Cement Plant as the main body. Set up

Tongling Cement Plant's first dry process cement with a daily output of 4000 tons. On August 26, https://price.ccement.com/Price_list-1-s0-e0-p0-c0-k100059-b0.1996

, the Anhui Provincial Party Committee and the provincial government held a conference in Wuhu on the development of the Wanjiang River. Echoing the "provincial industrial work conference" in Pudong. Through unknown channels, Guo Wensan was given a valuable opportunity to report to Lu Rongjing, Secretary of the Anhui Provincial Party Committee. Facing the secretary of the provincial party committee, Guo Wensan said sincerely: Although I am not from Anhui, I came to Ningguo Cement Plant as soon as I graduated. I have worked here for more than 10 years. I started as a grass-roots operator, and I am full of feelings for every post and every tree and grass in the plant. We have taken the lead in realizing the localization of the new dry process production line in the country, formulated a clear development plan, and wanted to build a unique competitive Conch Group. If it is incorporated into the Building Materials Corporation, the space for independent development will be limited, which will be a huge loss for enterprises and employees.This is not that we do not trust Anhui Building Materials Bureau, but in practice, we deeply realize that there is an essential difference between enterprise operation and organ administration, a main body is both a boss and a mother-in-law, it is difficult for enterprises to truly develop efficiently in accordance with market rules. In his report,

Guo Wensan expressed the confidence of the leading group of Ningguo Cement Plant to make Conch Cement bigger and stronger, and expressed the determination to succeed or die. If Ningguo Cement Plant is merged into Anhui Building Materials Corporation, he will resign as director of Ningguo Cement Plant and return to his hometown in Shandong or to his wife's hometown in Ningbo. These words from the bottom of his heart gave Secretary Lu a deep understanding of the demands of Ningguo Cement Plant and laid a foreshadowing for the subsequent decision-making. After comprehensive consideration, on September 3, 1996, Anhui Province issued a document on the establishment of Conch Group.

Tongling Conch Cement Clinker Production Line

with a Daily Output of 10000 Tons Chaohu Conch Three New Dry Process Cement Clinker Production Lines

with a Daily Output of 5,000 Tons Conch Group Baimashan Cement Plant 50,000 Tons Carbon Dioxide Capture, Collection and Purification Demonstration

Project SRC = "https://img7.ccement.com/news/2505/richtext/img/94131hefnk1747621006362. what the plan makers did not expect was that their original plan objectively played a role in hastening the birth of Conch Group." Thus, it promotes the process of cement structure adjustment in Anhui and even the whole country. As a result, Anhui Building Materials Bureau was retained until it was abolished in the institutional reform in 2000. As the saying goes, if you have the intention to plant flowers, they will not grow. If you have no intention to plant willows, they will become shade.

A leading Comrade who worked in Anhui Building Materials Bureau sighed with emotion about the ups and downs in the birth of Conch Group: Thanks to the wise decision of Secretary Lu Rongjing in those years, Anhui and even the whole country have such an excellent enterprise, an enterprise that Chinese people can be proud of in front of the world.

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Correlation

In recent years, the market demand of cement industry has been depressed, the contradiction of excess capacity has become increasingly prominent, the superimposed environmental protection policy has been tightened, and the living space of enterprises with weak comprehensive competitiveness has been squeezed. Faced with the changing situation of the industry, relevant enterprises can only seek new development space by actively adjusting.

2026-10-23 17:21:36

Recently, according to the 2026 National Industrial Energy Conservation Supervision Task List of the Ministry of Industry and Information Technology and the deployment of the Anhui Provincial Office of Industry and Information Technology, the Xuancheng Bureau of Industry and Information Technology has completed the energy conservation supervision and publicized the results of the 2025 annual energy consumption quota standards for cement enterprises. Anhui Xuancheng Conch Cement, Ningguo Cement Plant, Guangde Southern Cement and Guangde Hongshan Southern Cement are involved. The comprehensive energy consumption per unit product of clinker is between 88.53 and 103.33 kgce/t, of which Guangde Hongshan Southern Cement uses 41,900 tons of alternative fuel throughout the year.

2026-10-22 16:16:30

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.

2026-10-22 09:29:22

On October 19, the Ministry of Industry and Information Technology issued the Announcement on the Project of Excellent Intelligent Factory in 2026. 253 enterprises are to be selected, including 4 cement enterprises.

2026-10-20 10:11:21

On October 14, the on-site meeting of high-quality development of cement enterprises in Chongqing was held in Zhongxian. Zheng Yanghua, member and deputy director of the Party Group of the Municipal Bureau of Ecology and Environment, and Zhong Xi, member and deputy director of the Party Group of the Municipal Economic Information Committee attended the meeting. The meeting emphasized that we should anchor the target task of ultra-low emission transformation of cement industry, coordinate the whole chain management of pollutant emission and clean transportation, adhere to the synergy of pollution reduction and carbon reduction, drive the green transformation and upgrading of cement industry in the whole city with ultra-low emission transformation, and promote the win-win situation of ecological environment protection and high-quality development of industry.

2026-10-16 16:15:25

From east to west, from south to north, the motherland has left the footprints of Wang Yanmou's struggle. This footprint confirms a truth: a country's industrial capacity is to rely on its own step by step.

2026-10-15 16:51:18

On October 15, Anhui Conch Cement Co., Ltd. issued the Announcement on the Departure of Senior Managers of the Company. Pan Zhonghong, deputy general manager of the company, applied to resign as deputy general manager due to personal job changes.

2026-10-15 16:49:52

Conch Group's "International Order Class" model has successfully realized the integration of industry and education, the collaborative education between China and foreign countries, and helped the construction of "the Belt and Road" and the landing of global development initiatives, thus becoming a model for vocational education to go to sea and learn from each other's civilizations.

2026-10-15 12:57:55

Xingye Conch entrusts Haihui Company to bid publicly for the concrete transportation and pumping project. The bid is about 250,000 cubic meters for transportation and 170,000 cubic meters for pumping. The bidder is required to have the qualification, vehicle equipment, safety insurance and platform operation capability. The contract period is up to April 2028.

2026-10-13 17:29:08

On October 9, Chizhou Natural Resources and Planning Bureau issued the Announcement on the Results of Listing and Transfer of Limestone Mining Rights for Cement in the Periphery of Beishan Mining Area, Chizhou City, Anhui Province. Anhui Chizhou Conch Cement Co., Ltd. won the mining right with a 88119 of 0.27 million yuan.

2026-10-10 14:31:23

On October 9, the Zhejiang Provincial Department of Economy and Information Technology issued the Announcement on the List of Green Factories and Industrial Parks in Zhejiang Province in 2026.

2026-10-10 13:54:14

The Sichuan-Chongqing region will conduct public bidding for 8 types of conventional spare parts for machinery from 2026 to 2027, aiming at unified procurement, quality and efficiency improvement, cost control and cost reduction, and strict control of supplier qualification and performance requirements.

2026-10-09 11:19:11

Upon completion of the Transaction, the four Target Companies will become subsidiaries of Conch Cement and their financial results will be consolidated into the consolidated financial statements.

2026-10-08 11:05:02

The Youth League Committee of Conch Cement launched the activity of "I take a photo with the national flag" to celebrate the birthday of young people of all nationalities, to cast a strong sense of the Chinese nation's community, and to highlight the spirit of unity, progress and youth to serve the country.

2026-10-01 12:57:27

On September 22, the interim board of directors of Taiwan Cement passed an authorization: TCC Group EMEA, a Dutch subsidiary of Taiwan Cement, acquired Ivano-Frankivskcement (IFCEM), a Ukrainian cement company, with an enterprise value not exceeding 750 million euros (about 5.732 billion yuan). Together with the three affiliated companies of roof building materials, gypsum products and dry-mixed mortar, each has 100% equity.

2026-09-30 09:15:09

Recently, Sun Xianwu, Deputy Secretary of the Party Committee and Deputy General Manager of Wanwei Group Company, led a group of people into Wuhu Conch Cement Co., Ltd. to visit and investigate the construction of green manufacturing, port logistics and intelligent factories, and to learn advanced practices and experiences on the spot.

2026-09-28 14:00:56

This dividend is a differentiated dividend, and the shares in the company's special securities account for repurchase do not participate in profit distribution.

2026-09-24 11:31:34

The construction units of the two projects are Yiyang Conch Cement Co., Ltd., with a total investment of 230 million yuan.

2026-09-23 11:21:25

From September 15 to 18, Yang Jun, Secretary of the Party Committee and Chairman of Conch Group, led a team to Sichuan and Chongqing for investigation and guidance, and visited the western construction of China Construction. Yu Shui, Deputy Secretary of the Party Committee and General Manager of Conch Cement, participated in relevant activities.

2026-09-21 19:56:33

On September 18, during the Huawei Full Connection Conference 2026, in the public speech session, Conch Cement joined hands with Huawei yuantu Workshop to release the open-pit mine intelligent platform solution. The scheme is based on the digital twin enabling platform of MetaMap Workshop and combined with the operation experience of Conch Cement Mine to create a full-scene application to improve the fine operation level of open-pit mines.

2026-09-21 14:47:07

Yang Jun thanked China for its long-term trust and support in the construction of the western region, and introduced the transformation and development path and strategic layout of Conch Group. He said that under the new situation of industry development, win-win cooperation is the only way for enterprises to cope with the downward pressure of the industry and achieve steady development.

2026-09-21 09:43:34

Conch Cement announced on the Hong Kong Stock Exchange that it repurchased 420,000 shares at a price of HK $15.960 to HK $16.200 per share on September 18, amounting to HK $6.7449 million. The stock closed at HK $15.960, down 1.85%, with a turnover of HK $136 million.

2026-09-20 13:11:07

On September 17, Linxiang Branch of Yueyang Ecological Environment Bureau issued the Reply to the Report Form on the Ecological Environment Impact of Linxiang Conch Cement Co., Ltd. on the Project with an Annual Output of 2 Million Tons of Aggregate Machine-made Sand.

2026-09-20 13:06:20

On September 15, Conch Cement (600585) held a semi-annual performance presentation in 2026. Several senior executives of the company exchanged views with investors on the company's repurchase plan, how to deal with exchange losses, and future merger and acquisition plans.

2026-09-17 13:56:25

Generally speaking, the demand is still going down, but the increase of concentration is a definite trend. In the downward cycle, M & a is not only an opportunity for leading enterprises, but also a path for industry liquidation.

2026-09-17 09:30:33

On the evening of September 16, Conch Cement issued a notice on the change of senior managers of the company, saying that the board of directors of the company would receive a written resignation report from Mr. Wu Tiejun, executive director and deputy general manager, on September 16. He will continue to serve as an executive director of the Company, a member of the ESG Management Committee and a director of some subsidiaries.

2026-09-16 16:46:24

Zhou Yuxian pointed out that in order to recognize the current grim situation facing the industry, the cement market demand continues to shrink, the capacity utilization rate is at a low level, and the industry is at a critical stage of self-help. The short-term and medium-term goal is to reduce losses and turn around losses. The Pan-Northeast region has entered winter early, and the time to strive to reduce losses is even more urgent, so it is necessary to lay a foundation for the overall situation of turning around losses next year. The industry should unify its thinking, form a high degree of consensus, formulate practical and feasible goals that can consolidate the benefits and achievements, keep the safe bottom line of sustainable, healthy and long-term development of enterprises, maintain the smooth operation of the industry, and lay a foundation for turning around losses and extricating itself from difficulties.

2026-09-16 16:38:51

The industry believes that the internal and external integration in the downward period will become an inevitable trend in the cement industry.

2026-09-16 09:15:31

According to local market rumors, Conch Cement intends to acquire Sichuan Yanyuan Jinguan Cement Co., Ltd. to provide clinker for Basu Conch to a certain extent and enhance the influence of Conch Cement in the Xizang market.

2026-09-16 09:03:38

Recently, the Bureau of Natural Resources and Planning of Suzhou City issued the Announcement on the Transfer of Deep Resources Agreement of Limestone Mining Right for Cement in Dajingshan Mining Area, Suzhou City, Anhui Province (Announcement No.: Su Natural Resources Association [2026] No.1).

2026-09-15 15:02:43

Recently, the project of Basu Conch Cement Grinding Station with an annual output of 700,000 tons has been started. Basu Conch now has a 3000 t/d new dry process cement clinker production line, with a total annual output of 1.1 million tons of cement grinding and supporting 4.5MW waste heat power generation system and 2.9MW distributed photovoltaic project.

2026-09-15 11:15:37

A total of 41.5 tons of counterfeit conch brand cement were destroyed, with a value of more than 12000 yuan.

2026-09-14 10:07:57

According to market rumors, Conch Cement intends to acquire the cement assets of Yatai Group and is currently conducting research. In addition, China Building Materials, Jinyu Jidong and other cement giants also have the intention to acquire Yatai Group's cement assets.

2026-09-11 10:22:45

Recently, the Hunan Provincial Department of Industry and Information Technology issued the Announcement on the List of Benchmarking Enterprises for Comprehensive Utilization of Industrial Resources in 2026, and many cement enterprises were selected.

2026-09-10 16:56:29

On September 9, 2026, Conch Cement repurchased 190,000 H shares at a price of HK $16.96 – 17 per share, with a total amount of HK $3.2254 million, all of which were regarded as treasury shares and would not be cancelled.

2026-09-09 20:53:01

On September 9, 2026, Conch Cement repurchased 190000 H shares (code 00914) at an average price of HK $16.98, all of which were used as treasury shares, not cancelled, and fulfilled the disclosure obligation of the Hong Kong Stock Exchange on the next day.

2026-09-09 20:53:00

The semi-annual report of Conch Cement 2026 is unaudited, announcing an interim dividend of 0.13 yuan per share (including tax), no increase in provident fund, emphasizing financial authenticity and compliance, no capital occupation and illegal guarantee.

2026-09-09 20:53:00

The cement industry is waiting for the possibility of supply-side liquidation and "re-pricing" in the general loss, while the commercial mixed industry is speeding up shuffling in the shrinking income and the deterioration of repayment. Who can survive this round depends no longer on production capacity, but on capital and account books.

2026-09-08 15:46:37

According to incomplete statistics, there are about 30 listed companies developing commercial mixing business in A-share motherboard, Hong Kong stock and Taiwan stock, of which 6 companies take commercial mixing as their main business. As for the sales volume, selling price, gross profit rate and repayment performance of the listed company in the first half of 2026, the detailed analysis is as follows:

2026-09-07 17:25:07

Li Qunfeng said that the company will adhere to the long-term doctrine, firm confidence in development, based on the present, long-term perspective, and continue to improve the quality of business development, hoping that investors will continue to pay attention to the development of the cement industry and the company.

2026-09-07 10:08:09