Cement Net Video: Conch Group indirectly controls Shanshan Group, and the draft has crossed the key barrier! Or increase revenue by nearly 20 billion

2026-04-17 15:12:32

After the restructuring, Wanwei Group will take over the control of Shanshan shares, while Conch Group's capital increase holding Wanwei Group is accelerating. Shanshan Group's revenue in 2024 is 18.68 billion yuan, and once all transactions are completed, Conch Group's total revenue will increase substantially.

On April 15, the Restructuring Plan (Draft) of Shanshan Group Co., Ltd. and Ningbo Pengze Trading Co., Ltd. was voted through, pending a court ruling. After the restructuring, Wanwei Group will take over the control of Shanshan shares, while Conch Group's capital increase holding Wanwei Group is accelerating. Shanshan Group's revenue in 2024 is 18.68 billion yuan, and once all transactions are completed, Conch Group's total revenue will increase substantially. 

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After the restructuring, Wanwei Group will take over the control of Shanshan shares, while Conch Group's capital increase holding Wanwei Group is accelerating. Shanshan Group's revenue in 2024 is 18.68 billion yuan, and once all transactions are completed, Conch Group's total revenue will increase substantially.

2026-04-17 15:12:32

Zhou Yuxian also pointed out that the China Cement Association has reported to the Ministry of Industry and Information Technology and other departments on the "capacity withdrawal fund scheme". After the improvement of the fund scheme, opinions will be sought and some regions will be selected for pilot projects, and enterprises intending to withdraw will be allowed to withdraw orderly through special funds, so as to reduce the pain of market-oriented liquidation.