Anhui Conch Group Co., Ltd., a state-owned large enterprise approved by the Anhui Provincial People’s Government on September 3, 1996, originated from the Ningguo Cement Plant, a key national project under China’s Sixth Five-Year Plan. After 30 years of transformative growth, it has evolved into an international conglomerate with cement and building materials as its core business, supported by diversified industries. The group holds controlling stakes in four listed companies—Conch Cement, Conch New Materials, Conch Environmental Protection, and Conch Material Technology—and operates over 650 subsidiaries globally, with total assets exceeding RMB 300 billion and a workforce of over 60,000. Conch Group has ranked among China’s Top 500 Enterprises for 21 consecutive years (193th in 2025) and placed 93th in the 2025 China Top 500 Manufacturing Enterprises. In 2023, it was awarded the Seventh China Industrial Grand Award, the highest honor in China’s industrial sector, and was included in the State Council’s list of world-class demonstration enterprises.
Cement manufacturing remains the group’s flagship business. Its subsidiary, Anhui Conch Cement Co., Ltd., is the first A+H-share listed company in the cement industry, specializing in cement, clinker, ready-mix concrete, aggregates, and dry-mix mortar. Its production scale, sales volume, and profitability rank among the world’s top tier. For three consecutive years, it has been ranked second in the global "Top 7 Cement Companies" by ICR, a leading industry authority, and holds the highest international credit ratings: S&P’s A, Moody’s A2, and Fitch’s A+. The company is widely recognized as a global benchmark, with the industry adage: "China, top of the world in cement industry. Conch, top of cement companies in China."
Conch Group steadfastly pursues an innovation-driven strategy, fostering new productive forces. It operates a national-level technology center and a unique "1 Lab, 1 Institute, 8 Centers, and N Bases" innovation platform. Breakthrough achievements include the world’s first fully intelligent cement production line, China’s first cement kiln carbon capture and purification project, the global cement industry’s first unmanned open-pit mining truck system, the world’s first CO2 energy storage demonstration project, the industry’s first "zero external electricity" and "100% green power" cement plant, and the first biomass-based carbon material production line. The group also developed the "Conch Cloud" industrial internet platform. Recognized as a national "Intelligent Manufacturing" pioneer by MIIT, it has repeatedly won provincial and ministerial awards for technological advancement and is a certified National Technological Innovation Demonstration Enterprise and a "Digital Leader" enterprise.
As a trailblazer in globalizing China’s building materials industry, Conch Group began overseas expansion during the 12th Five-Year Plan period (2011–2015), establishing operations in Indonesia, Myanmar, and other Southeast Asian countries. To date, it has invested over RMB 18 billion overseas, with 43 entities across 17 countries and regions, employing nearly 4,800 overseas staff (81% localized). Its international annual revenue exceeds RMB 11 billion, making it the domestic industry leader in overseas investment and production capacity. The group consistently ranks among China’s Top 100 Multinational Corporations.
In the new era, Conch Group aims to become a world-class enterprise, accelerating the development of its "One Foundation, Five Industries" high-quality growth model. This model integrates cement manufacturing with new energy, new materials, environmental protection, digital economy, and modern trade services. Key achievements as of 2024 include:
- Cement: Clinker capacity of 274 million tonnes, cement capacity of 403 million tonnes, aggregate capacity of 163 million tonnes, and ready-mix concrete capacity of 47.6 million cubic meters.
- New Energy: Clean energy installed capacity exceeding 900MW, ranking first in China’s cement sector.
- New Materials: Two listed companies (Conch New Materials and Conch Material Technology) with annual production capacities of 500,000 tonnes for PVC profiles and 2.2 million tonnes for energy-saving, eco-friendly materials.
- Environmental Protection: Leading listed company Conch Environmental Protection, with annual co-processing capacity for solid and hazardous waste exceeding 10 million tonnes.
- Digital Economy: Emerging ventures in unmanned mining, intelligent packaging and logistics, smart quality management, and supply chain platforms.
- Modern Trade Services: Key entities include Anhui International Trade Group, a pillar of Anhui’s import/export trade, and Conch Building Materials Design & Research Institute, offering integrated R&D, engineering design, and EPC services.
Conch Group’s "One Foundation, Five Industries" strategy is now entering a new phase of high-quality development.