Cement Net Video: Conch Group indirectly controls Shanshan Group, and the draft has crossed the key barrier! Or increase revenue by nearly 20 billion

2026-04-17 15:12:32

After the restructuring, Wanwei Group will take over the control of Shanshan shares, while Conch Group's capital increase holding Wanwei Group is accelerating. Shanshan Group's revenue in 2024 is 18.68 billion yuan, and once all transactions are completed, Conch Group's total revenue will increase substantially.

On April 15, the Restructuring Plan (Draft) of Shanshan Group Co., Ltd. and Ningbo Pengze Trading Co., Ltd. was voted through, pending a court ruling. After the restructuring, Wanwei Group will take over the control of Shanshan shares, while Conch Group's capital increase holding Wanwei Group is accelerating. Shanshan Group's revenue in 2024 is 18.68 billion yuan, and once all transactions are completed, Conch Group's total revenue will increase substantially. 

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After the restructuring, Wanwei Group will take over the control of Shanshan shares, while Conch Group's capital increase holding Wanwei Group is accelerating. Shanshan Group's revenue in 2024 is 18.68 billion yuan, and once all transactions are completed, Conch Group's total revenue will increase substantially.

2026-04-17 15:12:32

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.