Hailuo Cement establishes a new building materials company in Hefei with a registered capital of 300 million.

Tianyancha App shows that recently, Hefei Conch Building Materials Co., Ltd. was established, with Cheng Xiaobing as the legal representative. The registered capital is 300 million RMB, and the business scope includes cement production, cement product manufacturing, new building material manufacturing, lightweight building material manufacturing, cement product sales, building material sales, and centralized rapid charging stations, among others. Shareholder information shows that the company is jointly owned by Conch Cement and its subsidiary Chaohu Conch Cement Co., Ltd.