Conch cement: it plans to acquire 100% equity of conch new energy company
Financial Associated Press, August 31 - 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. Upon completion of this acquisition, conch new energy will become a wholly-owned subsidiary of the company. Conch new energy company is mainly engaged in photovoltaic power generation and other businesses.
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