Time:2016-01-22 00:00
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The merger between Conch Cement and West Cement is expected to finish at the first half of 2016, then Conch Cement will become the controlling shareholder of West Cement with 51% shares.
At the time of severe overcapacity in cement industry and the trend of industry collaboration, the powerful combination between Conch Cement and West Cement is the first international share swap mergers case in China's domestic cement industry, which will open a new chapter of mergers in China's cement industry.(translator:Shenghuijuan)