Anhui Conch Cement Engages in Strategic Engineering Contracts

Anhui Conch Cement Company ( (HK:0914) ) just unveiled an update.

Anhui Conch Cement Company Limited has entered into several contracts with Conch Design Institute and other partners to enhance its engineering and technology services. These contracts, worth approximately RMB 176.53 million in total, involve engineering design, technology modification, and construction services for various projects, including aggregate, manufactured sand, and cement production lines. The transactions are considered connected transactions under Hong Kong’s Listing Rules, subject to annual review and disclosure requirements.

The most recent analyst rating on (HK:0914) stock is a Buy with a HK$22.00 price target. To see the full list of analyst forecasts on Anhui Conch Cement Company stock, see the HK:0914 Stock Forecast page.

More about Anhui Conch Cement Company

Anhui Conch Cement Company Limited is a joint stock limited company incorporated in China, operating in the construction materials industry. The company primarily focuses on the production and supply of cement and related products, and it is a significant player in the Chinese market.

Average Trading Volume: 8,294,656

Technical Sentiment Signal: Hold

Current Market Cap: HK$130.6B

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