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
95.64
-0.58 -0.6%
CONCPI
89.86
-0.03 -0.03%
CLKPI
97.51
-0.42 -0.43%
SPPI
44.87
0.00 0.00%
MORPI
73.32
0.00 0.00%
From May 4, 2026 to May 10, 2026, the highest opening rate of cement kilns in all provinces in China is Tianjin, with the opening rate of 100.00%. The kiln opening rate of 50% and above is 83.33% in Hainan Province, 75.19% in Anhui Province, 71.19% in Hebei Province, 71.11% in Hubei Province, 69.95% in Shandong Province, 62.76% in Jiangsu Province, 61.64% in Henan Province, 60.32% in Zhejiang Province and 52.56% in Yunnan Province.
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