China Conch Venture Holdings Limited
China Conch Venture Holdings Limited (中國海螺創業控股有限公司) is a company incorporated in the Cayman Islands with limited liability, as stated on the cover of its Hong Kong Stock Exchange filings. Its shares have been listed on the Main Board of The Stock Exchange of Hong Kong Limited since 19 December 2013 under stock code 0586. On zavia.ai this record’s country field is set to China because the Group’s operations and reporting are centred on Anhui Province in the People’s Republic of China, but the legal entity itself is not incorporated in mainland China: it is an offshore Cayman Islands holding company, a structure common among Hong Kong-listed groups with mainland Chinese operating businesses. A Cayman Islands company registration number was not stated in the Hong Kong Exchange filings reviewed, and because the Company is not registered in mainland China, no Chinese Unified Social Credit Code applies to it.
Per its annual results announcement for the year ended 31 December 2025, the Group reports five business segments: waste-to-energy projects, covering waste incineration construction and operation services together with the manufacture and sale of residual-heat power generation and vertical-mill equipment; port logistics services; new building materials; new energy, comprising lithium iron phosphate cathode and anode materials and battery recycling; and investments. The investments segment consists of the Group’s 49.0% equity interest in Anhui Conch Holdings Co., Ltd. (Conch Holdings), a PRC investment holding company that, as at 31 December 2025, held approximately 36.40% of Anhui Conch Cement Company Limited, a major cement producer listed in Hong Kong (00914) and Shanghai (600585).
For 2025, the Group reported consolidated revenue of approximately RMB6,547.71 million, up 4.42% on 2024, with growth led by a 277.36% increase in new energy segment revenue to RMB1,093.07 million. Net profit attributable to equity shareholders was approximately RMB2,245.14 million, up 11.17%. The board proposed a final dividend of HK$0.30 per share for 2025, taking total dividends declared for the year to HK$0.40 per share.
Conch Holdings, together with its associate Anhui Conch Cement Company Limited and that company’s subsidiaries, is separately disclosed as the single largest shareholder of China Conch Venture Holdings Limited itself, a reciprocal shareholding arrangement referenced in the Group’s financial statements. Conch Holdings’ combined stake in the Company rose from approximately 10.00% of issued share capital in March 2024 to approximately 10.39% by 31 December 2024, and, following a voluntary announcement on 25 February 2026 of a planned further acquisition, was reported as approaching 21% by 21 July 2026. In 2022, the Group completed the spin-off and separate Hong Kong listing of its former environmental-protection subsidiary as China Conch Environment Protection Holdings Limited (stock code 0587), which is no longer part of the Group.
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- Digitized company financials
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Shareholders
5
Shareholders of China Conch Venture Holdings Limited
China Conch Venture Holdings Limited is a Hong Kong Main Board-listed company, so its share register is disclosed only to the extent required under Part XV of the Securities and Futures Ordinance (notifiable interests, generally 5% and above) rather than as a complete shareholder list. The best-documented holder is Anhui Conch Holdings Co., Ltd. (Conch Holdings), an associate of the Group in which the Group itself holds a 49.0% interest. Conch Holdings, together with its own associate Anhui Conch Cement Company Limited and that company’s subsidiaries, has separately built up a reciprocal holding in the Company: approximately 10.00% of issued share capital as at 5 March 2024, rising to approximately 10.39% as at 31 December 2024. Following a voluntary announcement on 25 February 2026, Conch Holdings disclosed it was contemplating a further open-market acquisition of Company shares that would take its combined direct and indirect stake to approximately 21%, and a follow-up announcement on 21 July 2026 confirmed that this combined holding was then approaching 21%, making Conch Holdings the single largest shareholder of the Company.
Historical notifiable interests of individual directors are recorded in the Hong Kong Exchange’s Disclosure of Interests register: as at their respective last notice dates, Guo Jingbin (Chairman) held 62,680,000 shares (3.55%, last notice 19 December 2013), Zhang Mingjing held 47,509,584 shares (2.63%, last notice 28 June 2017), Ji Qinying (Vice-Chairman and Chief Executive Officer) held 35,033,752 shares (1.94%, last notice 7 July 2017), Li Jian held 7,501,716 shares (0.42%, last notice 4 July 2016) and Li Daming held 6,112,563 shares (0.34%, last notice 11 June 2015). Zhang Mingjing, Li Jian and Li Daming are no longer listed among the Company’s current directors, and no more recent notifiable-interest filings for the sitting board were identified in the sources reviewed, so these percentages should be read as historical rather than current.
Ultimate beneficial ownership
No individual has been officially identified as an ultimate beneficial owner of China Conch Venture Holdings Limited in the sources reviewed. Conch Holdings, the Company’s single largest shareholder, is itself widely reported in Chinese financial media as majority-owned through Anhui provincial state-owned asset management channels, but this upstream ownership has not been confirmed here through an authoritative primary filing with a matching disclosure date, and the underlying percentages needed for a calculated effective interest are incomplete. No UBO percentage is therefore calculated.
Data availability
Shareholder information for China Conch Venture Holdings Limited is partial: the identity and approximate stake of the single largest shareholder, Conch Holdings, is well documented and current through 2026 voluntary announcements, but a complete register of all shareholders, current individual holdings of sitting directors, and free-float ownership below notifiable thresholds is not available from the sources reviewed. Country availability: Partial.
Registry feed — rows exactly as filed with SAMR — public search via GSXT (National Enterprise Credit Information Publicity System), including entries the profile above does not cover.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd | 20.3% | SAMR — public search via GSXT (National Enterprise Credit Information Publicity System) | |
| iShares Trust-iShares Global Clean Energy ETF | 10.7% | SAMR — public search via GSXT (National Enterprise Credit Information Publicity System) | |
| Fidelity Investment Trust-Fidelity China Region Fund | 6% | SAMR — public search via GSXT (National Enterprise Credit Information Publicity System) | |
| SPDR INDEX SHARES FUNDS-SPDR Portfolio Emerging Markets ETF | 3.3% | SAMR — public search via GSXT (National Enterprise Credit Information Publicity System) | |
| VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Index Fd. | 3.1% | SAMR — public search via GSXT (National Enterprise Credit Information Publicity System) |
Officers
9
Directors and officers of China Conch Venture Holdings Limited
As at 21 July 2026, the board of China Conch Venture Holdings Limited comprised eight directors. The executive directors were Guo Jingbin (Chairman), Ji Qinying (Vice-Chairman and Chief Executive Officer), Wang Xuesen, He Guangyuan and Wan Changbao. Lyu Wenbin served as the sole non-executive director. The independent non-executive directors were Chan Chi On (also known as Derek Chan), Chan Kai Wing and Cheng Yanlei. Chen Xingqiang served as Company Secretary, signing board announcements from Anhui Province, in the People’s Republic of China.
Board committee membership, per the Company’s disclosure of 7 January 2025 (updated for the March 2025 non-executive director change described below): the Audit Committee is chaired by Chan Chi On, with Chan Kai Wing and Cheng Yanlei as members; the Remuneration and Nomination Committee is chaired by Chan Kai Wing, with the non-executive director, Chan Chi On and Cheng Yanlei as members; and the Strategy, Sustainability and Risk Management Committee is chaired by Guo Jingbin, with Ji Qinying, the non-executive director and Chan Chi On as members.
Recent officer changes
With effect from 27 March 2025, Liu Yan resigned as non-executive director and as a member of the Remuneration and Nomination Committee and the Strategy, Sustainability and Risk Management Committee, due to a stated work adjustment, and Lyu Wenbin was appointed as non-executive director and to the same two committees.
Data availability
Officer information for China Conch Venture Holdings Limited is drawn from the Company’s own board announcements and the Hong Kong Exchange’s Disclosure of Interests register. Nationality is not officially disclosed for any director in the sources reviewed and has not been inferred from names or reported addresses. Individual appointment dates for directors other than the 27 March 2025 change, and any occupations distinct from board role, were not stated in the sources reviewed. Country availability: Partial.
Registry feed — rows exactly as filed with SAMR — public search via GSXT (National Enterprise Credit Information Publicity System), including entries the profile above does not cover.
Group Structure
Group structure of China Conch Venture Holdings Limited
China Conch Venture Holdings Limited is not disclosed as a subsidiary of any other company; instead, it holds a 49.0% equity interest in Anhui Conch Holdings Co., Ltd. (Conch Holdings), a PRC-incorporated investment holding company, which is treated in the Group’s consolidated financial statements as a material associate rather than a subsidiary. As at 31 December 2025, the Group’s share of Conch Holdings’ net assets was approximately RMB39,829.5 million. Conch Holdings in turn held approximately 36.40% of Anhui Conch Cement Company Limited (Conch Cement, listed in Hong Kong as 00914 and Shanghai as 600585) as at the same date, giving the Group a calculated effective interest in Conch Cement of approximately 17.84% (49.0% multiplied by 36.40%, as at 31 December 2025; this is a calculated indirect interest, not a directly filed holding).
Separately, Conch Holdings, together with Conch Cement and Conch Cement’s subsidiaries, is disclosed as the single largest shareholder of China Conch Venture Holdings Limited itself, a reciprocal shareholding structure acknowledged in the Group’s own financial statements. Conch Holdings has stated it plans to increase this holding toward approximately 21% of the Company’s issued share capital and, per the Company’s announcement of 21 July 2026, intends to reconstitute the composition of the board in due course and to consolidate the Company’s results into Conch Holdings’ own consolidated financial statements; Conch Holdings has also stated in writing that it will maintain the Company’s status as an independent listed entity and its dividend policy. A full list of the Company’s own direct and indirect subsidiaries was not extracted from the sources reviewed.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Anhui Conch Holdings Co., Ltd. (Conch Holdings) | China | Not disclosed | Associate (49.0% held by the Group); also the Company’s single largest shareholder | 49.0% held by the Group; approximately 21% (approaching) held by Conch Holdings in the Company | Active | 31 December 2025 / 21 July 2026 |
| Anhui Conch Cement Company Limited (Conch Cement) | China | Stock codes: HKEX 00914, SSE 600585 | Indirect associate, held via Conch Holdings; also a connected person and part of the Company’s reciprocal shareholder group | 36.40% held by Conch Holdings; 17.84% calculated effective Group interest | Active | 31 December 2025 |
| China Conch Environment Protection Holdings Limited | Hong Kong / China | Stock code: HKEX 0587 | Historical relationship (former subsidiary, spun off and separately listed) | Not a current holding | Divested (2022) | 2022 |
Recent structural changes
Two material, verified changes stand out. First, in 2022 the Group completed the spin-off and separate Hong Kong listing by way of introduction of its former environmental-protection subsidiary, China Conch Environment Protection Holdings Limited (stock code 0587), which ceased to be part of the Group. Second, between the Company’s voluntary announcement of 25 February 2026 and its follow-up announcement of 21 July 2026, Conch Holdings increased its combined shareholding in the Company from approximately 10.39% (31 December 2024) to approximately 21% (approaching, as at 21 July 2026), becoming the Company’s single largest shareholder and stating an intention to reconstitute the board and consolidate the Company into Conch Holdings’ group accounts.
Data availability
Group-structure information for China Conch Venture Holdings Limited is partial: the Group’s 49.0% interest in Conch Holdings and the calculated indirect interest in Conch Cement are confirmed and dated through the Company’s own annual results announcement, and Conch Holdings’ emerging position as controlling shareholder is confirmed through 2026 voluntary announcements, but a complete list of the Company’s own subsidiaries, their registration numbers, and Conch Holdings’ own upstream ownership were not established from the sources reviewed. Country availability: Partial.
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Frequently Asked Questions
What is China Conch Venture Holdings Limited?
China Conch Venture Holdings Limited is a Cayman Islands-incorporated holding company listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code 0586) since 19 December 2013. Its Group operates waste-to-energy, port logistics, new building materials and new energy businesses, and holds a 49.0% equity interest in Anhui Conch Holdings Co., Ltd., which is in turn linked to Anhui Conch Cement Company Limited.
Where is China Conch Venture Holdings Limited incorporated?
China Conch Venture Holdings Limited is incorporated in the Cayman Islands with limited liability, as stated on the cover of its Hong Kong Exchange filings. Although the zavia.ai record for this company is filed under the China country code because its operations are based in Anhui Province, the legal entity itself is a Cayman Islands company, not a mainland Chinese one.
When was China Conch Venture Holdings Limited incorporated?
Chinese-language corporate reference sources indicate China Conch Venture Holdings Limited was incorporated in the Cayman Islands on 24 June 2013, around six months before its Hong Kong listing on 19 December 2013. The Company's own Hong Kong Exchange filings confirm the Cayman Islands as the place of incorporation and the December 2013 listing date but do not restate the exact incorporation date.
What is China Conch Venture Holdings Limited's company registration number?
No Cayman Islands company registration number for China Conch Venture Holdings Limited was found in the Hong Kong Exchange filings, annual results announcements or company website material reviewed. Cayman Islands exempted companies listed in Hong Kong are not generally required to publish their Cayman registry number in Main Board announcements, unlike, for example, UK Companies House numbers.
Does China Conch Venture Holdings Limited have a Chinese Unified Social Credit Code (USCC)?
No. A Unified Social Credit Code is issued only to entities registered with mainland Chinese authorities. Because China Conch Venture Holdings Limited is incorporated in the Cayman Islands rather than mainland China, no USCC applies to the Company itself, even though its main operating subsidiaries and business activities are based in Anhui Province, China.
What is China Conch Venture Holdings Limited's legal form?
China Conch Venture Holdings Limited is a Cayman Islands exempted company with limited liability, structured as the Hong Kong-listed holding company for a group of mainland Chinese operating subsidiaries and associates.
Is China Conch Venture Holdings Limited publicly listed?
Yes. Its shares have traded on the Main Board of The Stock Exchange of Hong Kong Limited under stock code 0586 since 19 December 2013.
What business segments does China Conch Venture Holdings Limited operate?
Per its annual results announcement for the year ended 31 December 2025, the Group reports five segments: waste-to-energy projects, port logistics services, new building materials, new energy (lithium iron phosphate battery materials and recycling), and investments, the last comprising its 49.0% interest in Anhui Conch Holdings Co., Ltd.
What is China Conch Venture Holdings Limited's relationship to Anhui Conch Cement Company Limited?
China Conch Venture Holdings Limited does not hold a direct stake in Anhui Conch Cement Company Limited. It holds 49.0% of Anhui Conch Holdings Co., Ltd. (Conch Holdings), which in turn held approximately 36.40% of Conch Cement as at 31 December 2025, giving the Group a calculated indirect interest in Conch Cement of approximately 17.84% at that date. Conch Cement and its subsidiaries are also disclosed as connected persons of the Company under Hong Kong Listing Rules because of their shared association with Conch Holdings.
What is China Conch Venture Holdings Limited's relationship to Conch Holdings?
The relationship runs in both directions. China Conch Venture Holdings Limited holds a 49.0% equity interest in Anhui Conch Holdings Co., Ltd. (Conch Holdings), which is treated as a material associate in the Group's accounts. Separately, Conch Holdings, together with Anhui Conch Cement Company Limited and its subsidiaries, is disclosed as the single largest shareholder of China Conch Venture Holdings Limited itself, a reciprocal shareholding structure referenced in the Group's own financial statements.
Who is the largest shareholder of China Conch Venture Holdings Limited?
Anhui Conch Holdings Co., Ltd. (Conch Holdings), together with its associate Anhui Conch Cement Company Limited and that company's subsidiaries, is disclosed as the single largest shareholder of China Conch Venture Holdings Limited. Its combined stake rose from approximately 10.00% of issued share capital in March 2024 to approximately 10.39% by 31 December 2024, and was reported as approaching 21% by 21 July 2026 following a planned acquisition announced on 25 February 2026.
Who are the directors of China Conch Venture Holdings Limited?
As at 21 July 2026, the board comprised executive directors Guo Jingbin (Chairman), Ji Qinying (Vice-Chairman and Chief Executive Officer), Wang Xuesen, He Guangyuan and Wan Changbao; non-executive director Lyu Wenbin; and independent non-executive directors Chan Chi On (also known as Derek Chan), Chan Kai Wing and Cheng Yanlei.
Has China Conch Venture Holdings Limited's board changed recently?
Yes. With effect from 27 March 2025, Liu Yan resigned as non-executive director due to a stated work adjustment, and Lyu Wenbin was appointed as non-executive director in his place, taking on the same board committee memberships.
What was China Conch Venture Holdings Limited's revenue in 2025?
For the year ended 31 December 2025, the Group reported consolidated revenue of approximately RMB6,547.71 million, up 4.42% on 2024, and net profit attributable to equity shareholders of approximately RMB2,245.14 million, up 11.17%. Growth was driven substantially by a 277.36% increase in new energy segment revenue to RMB1,093.07 million.
Was China Conch Venture Holdings Limited previously part of a wider group that has since spun off businesses?
Yes. In 2022 the Group completed the spin-off and separate Hong Kong listing by way of introduction of its former environmental-protection subsidiary, China Conch Environment Protection Holdings Limited (stock code 0587), which is no longer part of the Group.
Does zavia.ai monitor China Conch Venture Holdings Limited for company data changes?
Yes, zavia.ai tracks registry, ownership and officer data for China Conch Venture Holdings Limited and can provide alerts and API access for ongoing due-diligence monitoring of this Hong Kong Stock Exchange-listed company.