China:Conch has been holding 18.55% shares of Jidong Cement

Byyyp

Updated 2014-02-28

On February 27, 2014.Jidong Cement received shareholder Anhui Conch Cement Company Limited (Conch) notification: From December 7, 2011 to February 26, 2014, Conch by securities trading system centralized auction trading purchased a total 67,376,454 shares of Jidong Cement, representing 5% of the company's total share capital.
As of February 26, 2014 closing, the number of shares held by Conch Cement Company totaling 249,929,489 shares, representing 18.55% of total equity.
As of the announcement, the controlling shareholder of the company is still Jidong Development Group, the actual controller is still Tangshan Municipal People's Government State-owned Assets Supervision and Administration Commission.

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