Conch Group and Wanwei Group Sign Capital Increase and Restructuring Agreement

2026-01-30 13:24:49

Conch Cement announced that Anhui Conch Group Co., Ltd., the controlling shareholder of the company, signed the Capital Increase and Restructuring Agreement with Wanwei Group on January 29, 2026.

Conch Cement announced that Anhui Conch Group Co., Ltd., the controlling shareholder of the company, signed the Capital Increase and Restructuring Agreement with Wanwei Group on January 29, 2026.

Accordingly, Conch Group intends to acquire 60% of the equity of Wanwei Group by way of capital increase, and the Capital Increase and Restructuring Agreement will not come into effect until the conditions such as the declaration of concentration of operators are fulfilled.

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Correlation

Conch Cement announced that Anhui Conch Group Co., Ltd., the controlling shareholder of the company, signed the Capital Increase and Restructuring Agreement with Wanwei Group on January 29, 2026.

2026-01-30 13:24:49

In 2025, Conch Cement handed in this technical answer sheet, which clearly points out the technical direction of the industry and is the technical action guide of the whole industry. Under the new normal situation of peak demand and overcapacity in the industry, whoever can match and approach Conch will be able to survive; whoever can surpass Conch in local indicators will be able to seize the future industry highland.