Anhui Conch Cement Company Limited

Anhui Conch Cement Company Limited, commonly known as Conch Cement, Anhui Conch, or Hai Luo Cement, is one of China’s largest cement manufacturers and sellers. The company is headquartered in Wuhu, Anhui Province, and operates as the listed cement flagship associated with Anhui Conch Group. Its principal business is the manufacture and sale of cement and cement clinker, with related activities extending into commercial concrete, aggregates, logistics, environmental services, digital industrial systems, and selected new-energy applications. Conch Cement supplies industrial customers rather than ordinary retail consumers. Its customers include construction companies, infrastructure contractors, ready-mixed concrete producers, building-material distributors, property developers, industrial-project operators, and public-sector infrastructure projects. Cement is a high-volume, relatively low-value-to-weight material, so the company’s competitive position depends heavily on the location of limestone reserves, kiln and grinding capacity, energy costs, transportation links, regional market share, and the utilization rate of production assets. The company was established in 1997 and developed from the cement operations associated with Anhui Conch Group. Its H shares began trading on the Hong Kong Stock Exchange on October 21, 1997. Its A shares were subsequently listed on the Shanghai Stock Exchange on February 7, 2002. The dual-listing structure gave Conch Cement access to both mainland Chinese and international capital markets and supported the construction of large-scale production lines, acquisitions, technological modernization, and geographic expansion. Conch Cement’s manufacturing model is based primarily on integrated modern dry-process production. Limestone and other raw materials are quarried, crushed, blended, and processed into clinker in high-temperature kilns. Clinker is then ground with gypsum and other supplementary materials to produce finished cement. This model requires substantial investment in mines, kilns, grinding mills, power systems, pollution controls, quality laboratories, and logistics infrastructure. The company’s scale allows it to spread fixed costs across large production volumes and to coordinate procurement, production, sales, and distribution across regional markets. Its product portfolio includes ordinary Portland cement, high-strength Portland cement, composite cement, blended cement, sulfate-resistant cement, cement clinker, commercial concrete, aggregates, crushed stone, gravel, and manufactured sand. Products are sold under the Conch brand and are used in roads, bridges, railways, tunnels, ports, housing, industrial facilities, airports, water projects, and municipal infrastructure. The company has also supplied customized cement and aggregate products for technically demanding projects, including major tunnel and transportation developments in Anhui. Although mainland China remains the company’s core market, Conch Cement and related Conch entities have expanded into overseas markets, particularly in Southeast Asia and other developing regions. Overseas investment has included production facilities, joint ventures, project cooperation, and regional supply networks. International expansion has been linked to the Belt and Road development environment, local construction demand, access to mineral resources, and the opportunity to transfer Conch’s operating, engineering, and environmental-management capabilities. The company’s demand is closely connected to infrastructure spending, urbanization, industrial investment, property construction, and broader fixed-asset activity. Its performance is therefore affected by construction cycles, regional supply and demand, coal and electricity prices, freight costs, environmental rules, production suspensions, real-estate conditions, and national policies affecting cement capacity. Cement manufacturing is also carbon- and energy-intensive, making emissio…

Anhui Conch Cement emerged from the cement-industrial base developed by Anhui Conch Group in Anhui Province. The company was formally established in 1997 as a specialized cement and clinker enterprise intended to consolidate, modernize, and expand the group’s core building-materials operations. Wuhu became the company’s headquarters and an important center for management, engineering, logistics, and industrial coordination. A defining early milestone was the company’s access to both Hong Kong and mainland Chinese capital markets. Conch Cement’s H shares began trading on the Hong Kong Stock Exchange on October 21, 1997. Its A shares were listed on the Shanghai Stock Exchange on February 7, 2002. The dual-listing structure strengthened the company’s financing capacity and broadened its investor base during a period when China’s construction, infrastructure, and urban-development markets were expanding rapidly. The company’s growth model centered on large, modern dry-process cement lines rather than fragmented small-scale plants. This approach integrated limestone mining, raw-material preparation, clinker production, cement grinding, quality control, waste-heat recovery, electricity generation, and regional distribution. Scale was strategically important because cement is expensive to transport relative to its selling price. By locating production near limestone resources and major demand centers, Conch Cement could reduce logistics costs while building strong positions in regional markets. During the 2000s, Conch Cement became one of the most prominent cement producers in mainland China. Its development coincided with a nationwide restructuring of the cement industry, in which older and less efficient facilities were progressively replaced or complemented by larger production lines. Conch promoted modern kilns, centralized management, energy-saving technology, environmental controls, and integrated production systems. Its facilities and operating practices were frequently presented as examples of how the cement industry could combine industrial scale with improved energy and pollution performance. The company also expanded beyond its original Anhui base. It developed production capacity and commercial relationships in multiple Chinese provinces and regions, following infrastructure investment, urban construction, industrial development, and other sources of cement demand. Regional subsidiaries and plants allowed the group to coordinate production with local markets while maintaining common technical, procurement, quality, and management standards. The company’s product range expanded from conventional cement and clinker into higher-strength products, composite and blended cement, commercial concrete, aggregates, and related construction materials. Environmental and circular-economy initiatives became increasingly important to Conch’s development. Cement kilns can be used for waste co-processing, while waste-heat systems can recover energy from the production process. Conch and related group companies invested in waste-heat power generation, alternative fuels, pollution-control systems, renewable-energy projects, digital monitoring, and energy-management technologies. These initiatives addressed both regulatory requirements and the need to reduce the energy intensity and operating cost of cement production. Conch Cement also pursued international expansion. Its overseas activities developed through production projects, joint ventures, investment agreements, engineering cooperation, and regional supply networks. Southeast Asia became an important area of interest, while other projects and cooperation initiatives extended the group’s presence into additional developing markets. Overseas expansion reflected the company’s attempt to apply its operating model in markets with infrastructure needs, available mineral resources, and opportunities for long-term construction-materials demand. In the 2010s, the company continued to combine capacity expansion with selective investment and industrial consolidation. Conch’s development agenda included cooperation with local governments, acquisitions or project participation, new grinding and clinker facilities, and deeper engagement in commercial concrete and aggregates. The company’s scale made it an important participant in China’s efforts to improve industry concentration, reduce inefficient capacity, and promote more standardized production and environmental performance. The 2020s brought a more difficult operating environment. China’s property slowdown, weaker construction demand in some regions, energy-price volatility, environmental constraints, and changes in infrastructure investment affected the cement industry. Conch responded by emphasizing cost reduction, market coordination, production efficiency, asset utilization, digital transformation, and tighter control of capital expenditure. It also sought to diversify its development platform through new energy, environmental services, new materials, digital industries, and modern trade and services while preserving cement as the group’s industrial foundation. Recent initiatives have included photovoltaic installations at cement sites, smart-mining systems, industrial internet platforms, electric logistics, zero-carbon-factory planning, alternative-fuel use, and collaborations with technology and energy companies. In 2025, Conch Group signed a strategic cooperation agreement with CATL concerning electric logistics, energy-storage and renewable-energy applications, smart mines, and low-carbon industrial facilities. Conch operations also supplied specialized cement and aggregates for major infrastructure projects such as the Wuhu Longwan Yangtze River Tunnel. By 2026, the company remained an active, publicly traded cement producer controlled through the Anhui Conch group structure. Its central identity continued to rest on cement and clinker manufacturing, but its strategic direction increasingly connected the traditional business with low-carbon technology, renewable energy, industrial digitalization, concrete and aggregates, environmental protection, and overseas development. The company’s long-term challenge is to preserve the advantages of scale and integrated production while adapting to slower construction demand, stricter carbon requirements, and the changing composition of China’s building-materials market.

1. 2026Strategic cooperation agreement with China National Building Materials Group

   Conch Group and China National Building Materials Group signed a strategic cooperation agreement covering areas connected with industrial transformation and building materials.

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2. 2025Strategic cooperation with CATL

   Conch and CATL agreed to explore cooperation on electric logistics, zero-carbon factories, integrated energy systems, and smart mines.

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3. 2025Wuhu green and low-carbon project recognized nationally

   Wuhu Conch’s pollution- and carbon-reduction program was selected as a national green and low-carbon model case.

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4. 2025Conch supplies materials for Wuhu Longwan Yangtze River Tunnel

   Baimashan Cement Plant supplied specialized cement and aggregates for a major cross-river tunnel project in Wuhu.

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5. 2023Management emphasizes green, digital, and international development

   Company and group leadership identified carbon reduction, smart manufacturing, digital transformation, new-energy development, and internationalization as key strategic directions.

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6. 2022Photovoltaic construction-materials project begins operation in Xuancheng

   A Conch-linked building-photovoltaics project in Xuancheng entered operation while a second phase was launched, supporting the group’s broader renewable-energy strategy.

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7. 2015Acceleration of overseas cooperation and regional expansion

   Conch announced or pursued cooperation and investment initiatives in Laos, Cambodia, Indonesia, Russia, and other overseas markets.

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8. 2007Promotion of waste-heat recovery and circular production

   Company materials highlighted low-temperature waste-heat generation, waste incineration, sewage treatment, and recycling-related technologies as part of Conch’s industrial development.

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9. 2002A shares listed in Shanghai

   The company’s A shares were listed on the Shanghai Stock Exchange on February 7, 2002.

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10. 2000Expansion of modern dry-process production

    Conch continued developing large modern dry-process clinker and cement lines, reinforcing its scale-based and integrated manufacturing model.

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11. 1997Company established and H shares listed in Hong Kong

    Anhui Conch Cement was established and its H shares began trading on the Hong Kong Stock Exchange on October 21, 1997.

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Large-scale, cost-efficient, vertically integrated, infrastructure-oriented, and increasingly low-carbon

• Portland cementCement

  Conch’s Portland cement products are hydraulic binders manufactured by grinding clinker with gypsum and, depending on the specification, other supplementary materials. They are used in general construction, structural concrete, roads, bridges, foundations, industrial buildings, and civil infrastructure. Different strength grades and performance specifications allow the products to serve both ordinary construction and technically demanding engineering applications.

• High-strength cementCement

  High-strength cement is intended for applications requiring higher early or ultimate strength, improved durability, or more demanding structural performance. Typical uses include high-rise construction, bridge and tunnel segments, precast components, large infrastructure foundations, and other projects in which material strength and quality consistency are critical. Conch supplies different strength grades according to Chinese and project-specific standards.

• Composite and blended cementCement

  Composite and blended cements incorporate supplementary cementitious materials or mineral components to adjust performance, reduce clinker intensity, and improve resource efficiency. Depending on formulation, these products can support workability, durability, heat-control, and cost objectives. They are used in housing, municipal construction, infrastructure, commercial concrete, and other projects where performance requirements and environmental considerations must be balanced.

• Sulfate-resistant cementSpecialty cement

  Sulfate-resistant cement is formulated for environments in which concrete may be exposed to sulfate-bearing soil, groundwater, wastewater, or other aggressive chemical conditions. It is suitable for selected foundations, water-management structures, marine or underground applications, and infrastructure projects requiring enhanced durability. The product extends Conch’s portfolio beyond general-purpose cement and supports specialized engineering requirements.

• Cement clinkerIntermediate building material

  Cement clinker is the intermediate product formed by heating prepared raw materials in a rotary kiln. Conch manufactures and sells clinker both for internal grinding and for external customers, making it an important part of the company’s integrated production and regional-supply model. Clinker shipments allow the company to balance kiln capacity, grinding capacity, market demand, and logistics across different locations.

• Commercial concreteConcrete

  Commercial concrete is ready-mixed concrete produced for delivery to construction sites and infrastructure projects. Conch’s participation in this segment extends its role further down the building-materials value chain, connecting cement production with aggregates, mix design, quality control, dispatch, and project support. Commercial concrete can be tailored to strength, workability, setting time, durability, and project-specific engineering requirements.

• Aggregates and manufactured sandAggregates

  Aggregates, including crushed stone, gravel, and manufactured sand, are essential inputs for concrete, road construction, foundations, and civil-engineering works. Conch’s aggregates activities provide a complementary business to cement and commercial concrete by supplying mineral materials from quarrying and processing operations. Integration with cement and concrete operations can improve logistics coordination and allow the company to participate more fully in project supply chains.

• 2025Conch–CATL low-carbon industrial cooperation

  China · Selected overseas markets

  Conch and CATL agreed to explore electric logistics, integrated energy systems, smart mines, battery-related applications, and zero-carbon factories.

  Outcome. The agreement created a framework for applying advanced battery and energy technologies to cement production, logistics, and mining operations.

  Source
• 2025Wuhu pollution- and carbon-reduction initiative

  China

  Wuhu Conch combined ultra-low-emission upgrades, energy optimization, alternative fuels, waste co-processing, and solar generation in a coordinated environmental-management program.

  Outcome. The initiative was selected as a national green and low-carbon model case in 2025.

  Source
• 2025Smart manufacturing and intelligent mining

  China

  Conch expanded industrial internet connectivity, equipment monitoring, artificial-intelligence applications, autonomous mining transport, and robotics for hazardous kiln-maintenance work.

  Outcome. The campaign supported greater automation, operating visibility, safety, and labor substitution in high-risk industrial environments.

  Source
• 2022Building-integrated photovoltaics and renewable-energy development

  China

  Conch-linked projects expanded photovoltaic generation associated with industrial and building-materials facilities, including a project in Xuancheng and later distributed solar projects at cement operations.

  Outcome. The program strengthened the group’s renewable-energy platform and supported lower-carbon operation of industrial sites.

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• 2015Overseas Belt and Road expansion

  Laos · Cambodia · Indonesia · Russia · Southeast Asia

  Conch pursued overseas production and cooperation projects in markets including Laos, Cambodia, Indonesia, and Russia, linking cement expansion with infrastructure demand and regional industrial cooperation.

  Outcome. The campaign broadened Conch’s international project pipeline and supported the development of selected overseas cement operations.

  Source
• 2007Circular-economy and waste-heat-recovery program

  China

  Conch promoted waste-heat generation, waste co-processing, sewage treatment, and related circular-economy technologies as part of its effort to make cement production more resource-efficient and environmentally controlled.

  Outcome. The initiatives helped establish green manufacturing and energy recovery as recurring elements of the group’s industrial strategy.

  Source

• 2026Deepen cooperation with China National Building Materials GroupStrategy

  Large Chinese building-materials groups faced common challenges involving industrial restructuring, low-carbon development, technology, and market demand.

  What changed. Conch Group and China National Building Materials Group signed a strategic cooperation agreement covering areas associated with building materials and industrial transformation.

  Aftermath. The agreement created a platform for further cooperation, while detailed projects and financial terms were not disclosed in the source.

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• 2025Partner with CATL on low-carbon industrial applicationsStrategy

  Cement manufacturing and quarry logistics require substantial energy and transport resources, creating opportunities for electrification, storage, and integrated renewable power.

  What changed. Conch and CATL signed a strategic cooperation agreement covering electric logistics, smart mines, zero-carbon factories, and integrated energy systems.

  Aftermath. The agreement strengthened Conch’s decarbonization and intelligent-manufacturing roadmap, although specific commercial project results were not detailed in the source.

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• 2025Increase emphasis on green production and carbon reductionStrategy

  Stricter emissions requirements and China’s dual-carbon policy increased the importance of energy efficiency, alternative fuels, renewable power, and pollution control.

  What changed. Wuhu Conch combined ultra-low-emission retrofits, artificial-intelligence energy optimization, alternative-fuel substitution, waste co-processing, and solar generation.

  Aftermath. The initiative received national recognition as a 2025 green and low-carbon model case.

  Source
• 2022Broaden the group beyond cement through a one-foundation, five-industries modelStrategy

  The company and its parent group faced the need to reduce dependence on traditional cement growth while responding to carbon, technology, and industrial-transformation priorities.

  What changed. Conch positioned cement as its foundation while developing new energy, new materials, environmental protection, digital industries, and modern services and trade.

  Aftermath. The strategy created a broader platform for renewable energy, industrial digitalization, environmental services, and adjacent building-materials businesses.

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• 2015Pursue overseas projects and selected acquisitionsM&A

  Conch sought to diversify geographically and participate in construction-materials demand outside mainland China.

  What changed. The company pursued project cooperation, production-line investments, and overseas expansion initiatives in Southeast Asia and other markets. Public reference material also records the acquisition of Jiangxi Shengta Group in 2015.

  Aftermath. The initiatives expanded Conch’s international footprint and increased its exposure to overseas construction cycles and operating environments.

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• 2007Invest in resource-saving and environmental technologiesStrategy

  Cement production generated pressure to reduce energy use, emissions, and waste while maintaining high-volume output.

  What changed. Conch emphasized waste-heat recovery, waste burning, sewage treatment, and circular-economy technologies.

  Aftermath. Environmental management and energy recovery became recurring components of Conch’s manufacturing model and public positioning.

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• 2002Add a mainland A-share listingStrategy

  After establishing an international listing, Conch Cement pursued access to China’s domestic equity market.

  What changed. The company listed its A shares on the Shanghai Stock Exchange in February 2002.

  Aftermath. The dual-listed structure broadened financing and investor access while supporting the company’s expansion in mainland China.

  Source
• 1997Create a publicly listed cement platformStrategy

  Anhui Conch Group sought to develop a dedicated listed vehicle for its cement and clinker operations during a period of rapid industrial and infrastructure expansion in China.

  What changed. Anhui Conch Cement was established and listed its H shares in Hong Kong in October 1997.

  Aftermath. The listing provided a foundation for subsequent capacity expansion, capital investment, and regional growth.

  Source

• 2026Conch Cement and China National Building Materials Group sign strategic cooperation agreement

  The two state-linked building-materials groups agreed to cooperate while Conch pursued a strategy centered on cement and expansion into new energy, new materials, environmental protection, digital industries, and modern services.

  Other
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• 2026Conch Cement leadership discusses regional growth in northern Anhui

  Chairman Yang Jun and senior managers visited regional operations and reviewed production, market expansion, cost control, safety, environmental management, and cooperation among cement, concrete, dry-mix mortar, and other building-materials businesses.

  Leadership change
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• 2025Conch Cement holds its 2024 annual results presentation

  The company presented its 2024 operating results and discussed industry conditions, cost optimization, digital transformation, green manufacturing, ESG implementation, international expansion, and shareholder-value initiatives with investors and analysts in Hong Kong.

  Other
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• 2025Conch Cement’s brand value rises in the 2025 China 500 Most Valuable Brands ranking

  Conch Cement was reported as ranking 124th in the 2025 China 500 Most Valuable Brands list, reflecting the continuing strength of its corporate brand in China’s industrial and construction-materials market.

  Other
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• 2025Conch Cement signs strategic cooperation agreement with CATL

  Conch Group and CATL agreed to explore cooperation involving electric logistics, integrated renewable-energy systems, zero-carbon factories, smart mines, battery technology, and industrial application scenarios.

  Other
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• 2025Conch Cement participates in the 2025 RCEP local-government cooperation forum

  The company participated in a regional cooperation forum associated with the Regional Comprehensive Economic Partnership, highlighting the group’s international business links and overseas development interests.

  Other
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• 2025Wuhu Conch low-carbon initiative selected as a national green model case

  Wuhu Conch’s pollution- and carbon-reduction program was selected among national green and low-carbon model cases. The program combined ultra-low-emission retrofits, energy optimization, alternative fuels, waste co-processing, and solar power.

  OtherCampaign
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• 2025Conch Cement supports the opening of the Wuhu Longwan Yangtze River Tunnel

  Baimashan Cement Plant supplied specialized cement and aggregates for the Wuhu Longwan Yangtze River Tunnel, an urban expressway tunnel project in Anhui.

  OtherProduct launch
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• 2025Conch Cement advances solar generation at Mengcheng

  Mengcheng Conch began operating a distributed photovoltaic project connected with its cement-grinding and aggregates operations, extending the group’s use of renewable energy at industrial sites.

  Other
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• 2025Conch Group and Tongling University sign cooperation agreement

  The cooperation agreement focused on industry-education links, talent development, applied research, and support for the group’s innovation and industrial transformation agenda.

  Other
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• 2020Conch Cement advances energy-efficiency and environmental projects

  The company continued deploying waste-heat recovery, emissions-control, digital-management and other measures intended to reduce resource and energy intensity at cement plants.

  Regulation
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• 2010Conch Cement expands overseas production footprint

  The company developed and invested in cement operations outside mainland China, particularly in Southeast and South Asia, as part of its international expansion.

  M&A
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• 2002Anhui Conch Cement lists A shares in Shanghai

  The company completed its Shanghai Stock Exchange listing, adding a domestic public-market platform to its Hong Kong listing.

  Other
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• 1997Anhui Conch Cement maintains dual-listed public-company structure

  The company became publicly traded in Hong Kong and subsequently developed a mainland China A-share listing, giving it access to both international and domestic capital markets.

  Other
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• 1997Anhui Conch Cement lists H shares in Hong Kong

  Anhui Conch Cement became a publicly traded company in Hong Kong, increasing its access to capital as China's cement industry expanded.

  Other
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• Conch continues overseas cement expansion in Southeast Asia

  The company and its wider group have developed cement-related production and investment activities in selected Southeast Asian markets, complementing the domestic manufacturing network.

  Other
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• Cement-sector decarbonization becomes a strategic operating priority

  Energy efficiency, waste-heat recovery, alternative fuels, environmental management and lower-carbon production have become increasingly important as China tightens industrial emissions and carbon-control requirements.

  RegulationOther
  Source

1. Anhui Conch Cement
2. Anhui Conch Cement official website
3. Conch Cement Holds 2024 Annual Results Presentation
4. Brand Value of Conch Cement Exceeds RMB 102.1 Billion
5. Conch Group and CATL Sign Strategic Cooperation Agreement
6. National Exemplar: Wuhu Conch’s Eco-Initiative Honored by Ministry of Ecology
7. Conch Cement Supplies Materials for Wuhu Longwan Yangtze River Tunnel
8. Conch Group and China National Building Materials Group Sign Strategic Cooperation Agreement
9. Conch Cement’s International Cooperation and Overseas Development
10. Conch Group and Anhui Cement Industry Environmental and Digital Transformation Activities
11. Expansion of modern dry-process production
12. Promotion of waste-heat recovery and circular production
13. Photovoltaic construction-materials project begins operation in Xuancheng
14. Smart manufacturing and intelligent mining
15. Conch Cement leadership discusses regional growth in northern Anhui
16. Conch Cement participates in the 2025 RCEP local-government cooperation forum
17. Conch Cement advances solar generation at Mengcheng
18. Conch Group and Tongling University sign cooperation agreement
19. Conch Cement advances energy-efficiency and environmental projects