Illegal land occupation! Wuhu Conch Fined 21.57 Million yuan

2026-02-05 13:30:27

Recently, according to the administrative penalty information publicly disclosed by "Credit Anhui", Wuhu Conch Cement Co., Ltd. was fined 21.57 million yuan for illegal land occupation. The document number of the Decision on Administrative Penalty is Fan Ziran Zi Gui Fa Zi [2026] No.1.

Recently, according to the administrative penalty information publicly disclosed by "Credit Anhui", Wuhu Conch Cement Co., Ltd. was fined 21.57 million yuan for illegal land occupation. The document number of the Decision on Administrative Penalty is Fan Ziran Zi Gui Fa Zi [2026] No.1. According to

the public punishment information, Wuhu Conch Cement Co., Ltd. occupied 2157 square meters of collective land in Keli Village and Keshan Village of Xingang Town in December 2011 without approval to build cement hardened roads, which were completed in June 2012. This act violates the provisions of Article 44, paragraph 1, of the Land Management Law of the People's Republic of China (2004 edition) and is an unauthorized act of illegally occupying land. According to Article 76 of the Land Administration Law of the People's Republic of China (2004 Edition) and Article 42 of the Regulations on the Implementation of the Land Administration Law of the People's Republic of China (2011 Edition), Fanchang Branch of Wuhu Natural Resources and Planning Bureau decided:

1. A fine of 21.57 million yuan;

2. To order the return of the illegally occupied land;

3. To confiscate the illegal buildings and structures on the agricultural land.

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Recently, according to the administrative penalty information publicly disclosed by "Credit Anhui", Wuhu Conch Cement Co., Ltd. was fined 21.57 million yuan for illegal land occupation. The document number of the Decision on Administrative Penalty is Fan Ziran Zi Gui Fa Zi [2026] No.1.

2026-02-05 13:30:27

On February 5, Hurun Research Institute released Hurun China Top 500 2025, which lists the top 500 non-state-owned enterprises in China and ranks them according to their value. The market value of listed companies is calculated according to the closing price on November 14, 2025, and the valuation of non-listed companies is estimated with reference to the listed companies in the same industry or according to the latest round of financing. This is the seventh time in a row that the Hurun Research Institute has released the "Hurun China Top 500".