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Anhui Conch Cement Company ( (HK:0914) ) has shared an announcement.
Anhui Conch Cement has entered into two framework agreements with related-party Conch Accelerants Manufacturing to procure combustion accelerants, melting accelerants, desulfurizers and water treatment chemicals for the period from 1 January 2026 to 31 December 2026. The annual caps are set at RMB151 million for combustion and melting accelerants and RMB149 million for desulfurizers and water treatment chemicals, for a combined transaction limit of RMB300 million. As Conch Accelerants Manufacturing is an associate of the company’s controlling shareholder Conch Holdings, the deals are classified as continuing connected transactions under Hong Kong listing rules, requiring disclosure and annual review but exempt from independent shareholders’ approval due to their size. The arrangements secure key input materials for Conch Cement’s operations while formalising its reliance on a related-party supplier within the regulatory framework.
The most recent analyst rating on (HK:0914) stock is a Hold with a HK$24.50 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 leading Chinese building materials producer principally engaged in the production and sale of cement, commodity clinker, aggregates and commodity concrete, serving construction and infrastructure markets domestically and abroad.
Average Trading Volume: 6,479,822
Technical Sentiment Signal: Buy
Current Market Cap: HK$127.6B
For a thorough assessment of 0914 stock, go to TipRanks’ Stock Analysis page.