Unconditional approval to operate! Jidong Cement Acquires Equity of Shaanxi Qinhan Hengsheng New Building Material Technology Co., Ltd.

2023-11-06 11:28:03

The Second Department of Anti-monopoly Law Enforcement of the State Administration of Market Supervision and Administration issued a list of cases of unconditional approval of concentration of operators from October 23 to October 29, 2023, including the case of Tangshan Jidong Cement Co., Ltd. acquiring the equity of Shaanxi Qinhan Hengsheng New Building Materials Technology Co., Ltd.

Recently, the Second Department of Anti-monopoly Law Enforcement of the State Administration of Market Supervision and Administration issued a list of cases of unconditional approval of concentration of operators from October 23 to October 29, 2023, including the case of Tangshan Jidong Cement Co., Ltd. According to

the data, the business scope of Shaanxi Qinhan Hengsheng New Building Materials Technology Co., Ltd. is: production, sales, inspection and testing of commercial concrete, pipe pile products, dry powder mortar and concrete admixture; research and development, sales, inspection and testing of packaging materials, building materials and laboratory equipment; general cargo transportation, pipe pile transportation and commercial concrete transportation.

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The Second Department of Anti-monopoly Law Enforcement of the State Administration of Market Supervision and Administration issued a list of cases of unconditional approval of concentration of operators from October 23 to October 29, 2023, including the case of Tangshan Jidong Cement Co., Ltd. acquiring the equity of Shaanxi Qinhan Hengsheng New Building Materials Technology Co., Ltd.

2023-11-06 11:28:03

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.