Recently, Xuancheng Conch New Building Materials Co., Ltd. was established with a registered capital of 30 million yuan. Its business scope covers traditional businesses such as cement products and new building materials, as well as new energy sectors such as centralized fast charging stations, motor vehicle charging sales, electric vehicle charging infrastructure operation and new energy vehicle power exchange facilities sales. This indicates that Conch Cement will continue to expand its diversified business related to new energy and promote industrial transformation in addition to its main building materials industry.
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