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.
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
CEMPI
98.52
0 0%
CONCPI
90.21
-0.02 -0.02%
CLKPI
104.77
0.00 0.00%
SPPI
44.98
0.00 0.00%
MORPI
73.32
0.00 0.00%
In order to thoroughly implement the spirit of the National Work Programme for the Construction of "Waste-free Cities" in the "14th Five-Year Plan" period and the newly issued Action Plan for the Comprehensive Treatment of Solid Waste, and to implement the general requirement of synergistic effect of pollution reduction and carbon reduction, Huzhou Municipal Bureau of Ecology and Environment adheres to the problem-oriented and systematic management, and takes the lead in the whole province and even in the whole country. Recently, the Guidelines for the Construction of Waste-free Cement Industry (hereinafter referred to as the Guidelines) were officially issued. This marks that Huzhou has taken a key step in promoting the green and low-carbon transformation of high energy-consuming industries and deepening the construction of "waste-free city", which will provide replicable solid waste standardized management and comprehensive treatment for the national cement industry.
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