Anhui Conch Cement inks deals for design, construction services

Anhui Conch Cement (SSE:600585) announced it has entered into several related transactions involving its subsidiary, Anhui Conch Design Institute, and China Copper Construction including an engineering project design and technical service agreement for CNY 121.88 million, for providing design and technical upgrades to its affiliated companies’ projects. Additionally, Guangying Mining, a subsidiary of Anhui Conch, agreed to a mining infrastructure construction project agreement with Anhui Conch Design Institute and China Copper Construction valued at approximately CNY 37.10 million. Finally, Anhui Conch also signed an SCR denitrification technical upgrade service agreement with Anhui Conch Design Institute for CNY 17.55 million. The agreements concern projects with affiliated companies of Anhui Conch Cement.