Shanshan Co., Ltd. controlling shareholder changes to Wanwei Group, actual controller changes to Anhui Provincial SASAC

Corporate Action
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Summary · why it matters

Shanshan Co., Ltd. announced that the company held an extraordinary general meeting on July 20, 2026, and approved the proposal for the election of a new board of directors. The largest shareholder, Wanwei Group, has completed the board restructuring, and the company's controlling shareholder has changed to Wanwei Group, with the actual controller changing to the Anhui Provincial State-owned Assets Supervision and Administration Commission. Wanwei Group controls a total of 21.88% of the company's voting rights. After the subsequent restructuring of Wanwei Group and Conch Group is completed, Conch Group will become the company's indirect controlling shareholder.

Impact on stocks 2

Others▲ · 2 stocks
Ningbo Shanshan Co Ltd
600884
± MixedCapitalrelevance

Controlling shareholder changes to Wanwei Group, actual controller to Anhui SASAC; unclear if beneficial or detrimental to Shanshan.

Anhui Conch Cement Co Ltd
600585
± MixedCapitalrelevance

Conch Group may become indirect controlling shareholder after restructuring, but no direct impact on Conch Cement yet.

Off-coverage companies 1

安徽皖维集团有限责任公司Private▲ Positive
Capitalrelevance

Wanwei Group gains control of Shanshan Co., expanding its influence and assets.

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