Recently, Tongliao Conch New Energy Co., Ltd. was established with legal representative Fang Qunsheng and registered capital of RMB 600 million.
Its business scope includes inspection and testing services, energy storage technology services, information consulting services, research and development of emerging energy technologies, engineering management services, power generation technology services, etc.
It is reported that the company is 65% owned by Conch Cement 's Anhui Conch New Energy Co., Ltd. and 35% owned by Ningde Times.
It is reported that Anhui Conch New Energy Co., Ltd. was established on March 27, 2018, headquartered in Wuhu City, Anhui Province, with a registered capital of 5 billion yuan, and is a wholly-owned subsidiary of Anhui Conch Cement Co., Ltd., a subsidiary of Conch Group.
Anhui Conch New Energy Co., Ltd., as a platform company for Conch Group to expand new energy business, is committed to carrying out technology research and application and project development and construction in new energy fields such as photovoltaic power generation, wind power generation, energy storage, photovoltaic glass and hydrogen energy, providing green power support for cement production and actively enabling the industry to reduce emissions.
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