Anhui Conch Cement Co Ltd – EQUITY RESEARCH

Anhui Conch is the leading cement producer in China and second in
the World. The company has been recently characterized by an
exceptionally prompt growth. It has shown outstanding resilience,
managing to recover the losses recorded at the beginning of 2020
as early as in the first quarter of 2021. The demand for construction
materials worldwide has surged in the last decade. In the Asia-
Pacific region, the growth of the cement market is driven by
substantial public investments, aimed at the development of new
infrastructures, such as bridges, railways and highways. The
company is particularly successful in South and East China, where
it performs better than the rest of the market.