[ET Net News Agency, 3 June 2019] China Shanshui Cement Group Limited (00691) said the
company and China Conch Venture Holdings Limited (Conch Venture) (00586) have entered into
a strategic cooperation agreement.
Both parties have initially reached an intention on joint development of the projects of
collaborative treatment of industrial solid and hazardous waste by cement kilns in the
areas covered by the relevant enterprise production lines of the cement clinker base of
the group and joint construction of upstream and downstream industrial chains.
The cooperation will involve discussion on the use of the group's cement kiln resources
in regions such as Shandong and Northeast China, and leveraging on Conch Venture's
advantages in technologies and management of collaborative treatment of solid waste by
cement kilns, to develop a strategic cooperation platform for collaborative treatment of
solid waste by cement kilns, as well as the integration of quality resources, striving to
form a complete industrial chain of solid and hazardous waste.
The board expects that the cooperation intention will benefit the consolidation of the
Group's market position. (RC)
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