Conch Cement agrees to buy RMB 307 million in waste assets: what it means for Conch Cement stock

Published on 10/07/2026 at 02:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 10.88 percent to RMB 36.927 billion in the first half of 2026. Conch Cement stock faces a 42.76 percent profit drop.

Conch Cement, CNE1000001W2, Illustration mit AI erstellt.

Conch Cement (ISIN CNE1000001W2) agreed to acquire four medical-waste companies for RMB 307.0 million on September 30, 2026, according to Futunn. The move expands Conch Environmental Protection into markets in Northeast China and the Bohai Rim.

RMB 307 million expansion

The agreements cover 100 percent of Tianjin Hanyang, Shenyang Hanyang, Dalian Hanyang and Tieling Hanyang. Consideration totals RMB 307.0 million, including RMB 136.0 million for Tianjin Hanyang and RMB 109.0 million for Shenyang Hanyang, while the remaining two transactions total RMB 62.0 million.

The target companies collect and dispose of medical waste. The transaction therefore adds environmental services to a group still anchored by cement and clinker, with the largest individual purchase representing 44.30 percent of the total consideration.

Profit pressure remains visible

Conch Cement's interim figures show a tougher operating picture. Moomoo reported revenue of RMB 36.927 billion for the first half of 2026, down 10.88 percent year on year, while net profit attributable to shareholders fell 42.76 percent to RMB 2.527 billion.

Earnings per share declined to RMB 0.48 from RMB 0.84 in the first half of 2025, a reduction of RMB 0.36. Self-produced cement clinker sales volume fell 3.96 percent to 121.0 million tons, and the related gross margin decreased 6.40 percentage points to 22.46 percent.

The interim report also proposed a cash dividend of RMB 0.13 per share for 2026. That payout provides an income component while the acquisition adds a diversification angle, but the declining revenue and profit figures remain the more immediate operating counterweight.

Prior close sets the market reference

The prior close at Lang & Schwarz was EUR 1.79 on October 5, 2026. The Shanghai-listed A shares use ticker 600585, while the Hong Kong-listed H shares use ticker 00914, so the euro reference is separate from either primary-market quotation.

The further course of trading is shown by the continuously updated real-time quote of Conch Cement stock.