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 June 30, the Economic and Credit Department of Hubei Province announced four capacity replacement schemes for phosphogypsum acid co-production cement clinker projects, with a total annual clinker production capacity of 2.35 million tons, all of which are equivalent replacement projects, all of which come from Huaxin Building Materials, and all of which started construction within the year.