Cement Network Video: Acquisition! Conch Group intends to increase its holdings of Conch Venture!

2026-02-26 10:05:19

On the evening of February 25, Conch Venture announced that Anhui Conch Group intends to acquire additional shares of the company. Upon completion of the acquisition, Conch Group will directly and indirectly hold approximately 21% of the issued share capital of the Company, and the total voting rights with persons acting in concert will not exceed 30%. It intends to restructure the composition of the board of directors of the Company, and Conch Venture will become its subsidiary.

On the evening of February

25, Conch Venture announced that Anhui Conch Group intends to acquire additional shares of the company. Upon completion of the acquisition, Conch Group will directly and indirectly hold approximately 21% of the issued share capital of the Company, and the total voting rights with persons acting in concert will not exceed 30%. It intends to restructure the composition of the board of directors of the Company, and Conch Venture will become its subsidiary. 

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Correlation

On the evening of February 25, Conch Venture announced that Anhui Conch Group intends to acquire additional shares of the company. Upon completion of the acquisition, Conch Group will directly and indirectly hold approximately 21% of the issued share capital of the Company, and the total voting rights with persons acting in concert will not exceed 30%. It intends to restructure the composition of the board of directors of the Company, and Conch Venture will become its subsidiary.

2026-02-26 10:05:19

Since March 11, some major manufacturers in the province have taken the lead in notifying Jinhua, Quzhou, Lishui and other places in central and southern Zhejiang to raise the cement price by about 20 yuan/ton.