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 May 6, 2026, Huang Linmu, Party Secretary and Chairman of Guoyuan Financial Holding Group, and Wei Lixiang, Deputy Party Secretary and General Manager, visited Conch Group. Conch Group Party Secretary and Chairman Yang Jun, Deputy Party Secretary and General Manager Zhu Shengli, and Deputy General Manager Ding Feng warmly received Huang Linmu and his delegation.