Cement Network Video: Acquisition! Conch Group intends to increase its holdings of Conch Venture!

2026-02-26 10:05:19

On the evening of February 25, Conch Venture announced that Anhui Conch Group intends to acquire additional shares of the company. Upon completion of the acquisition, Conch Group will directly and indirectly hold approximately 21% of the issued share capital of the Company, and the total voting rights with persons acting in concert will not exceed 30%. It intends to restructure the composition of the board of directors of the Company, and Conch Venture will become its subsidiary.

On the evening of February

25, Conch Venture announced that Anhui Conch Group intends to acquire additional shares of the company. Upon completion of the acquisition, Conch Group will directly and indirectly hold approximately 21% of the issued share capital of the Company, and the total voting rights with persons acting in concert will not exceed 30%. It intends to restructure the composition of the board of directors of the Company, and Conch Venture will become its subsidiary. 

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Correlation

On the evening of February 25, Conch Venture announced that Anhui Conch Group intends to acquire additional shares of the company. Upon completion of the acquisition, Conch Group will directly and indirectly hold approximately 21% of the issued share capital of the Company, and the total voting rights with persons acting in concert will not exceed 30%. It intends to restructure the composition of the board of directors of the Company, and Conch Venture will become its subsidiary.

2026-02-26 10:05:19

From January to February 2026, the statistics of flat glass production in all parts of the country show that the cumulative output of flat glass in the whole country shows a certain trend. The cumulative output of flat glass in China decreased by 3.50% year on year. Among the regions, the output of Chongqing increased by 45.09% year-on-year, while the output of Yunnan decreased by 66.38% year-on-year. In some areas, such as Beijing, Shanghai and Qinghai, the yield data are missing. The output of other regions increased or decreased year on year, reflecting the differences in the production of flat glass in different regions.