Conch Cement acquires 100% of Conch New Energy for RMB 443 million

Conch Cement announced the acquisition of 100% equity of Conch New Energy Company from Conch Investment Company for a total consideration of RMB 443 million. Conch New Energy is engaged in photovoltaic power generation.

“Conch Cement announced that the company acquired 100% equity of conch new energy company held by conch investment company, with a total transaction consideration of RMB 443 million.”equalocean.com

• 1 source
• equalocean.comConch cement: it plans to acquire 100% equity of conch new energy company | EqualOceanAug 31, 2021

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