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Is conch a private enterprise or a state-owned enterprise?

State-owned enterprises

Conch is a state-owned enterprise. The full name is Anhui Conch Company Limited. Anhui conch group co., ltd is a subsidiary of state-owned enterprises.

1997 September 1. Anhui Conch Group Co., Ltd. is funded by the assets related to the cement production and operation of Ningguo Cement Plant and baimashan Cement Plant. Anhui Conch Co., Ltd. was established exclusively. Mainly engaged in the production and sales of cement and commercial clinker.