2023财年，公司的混凝土外加剂销量约占中国混凝土外加剂总销量的0.8%，而2023财年公司的混凝土外加剂收入约占中国混凝土外加剂总收入的0.6%。2023财年，公司的醇胺产品销量约占中国醇胺产品总销量的 4.7%，而2023财年公司的醇胺产品收入约占中国醇胺产品总收入的3.9%。2023财年，公司的聚醚单体销量约占中国聚醚单体总销量的0.9%，而2023财年公司的聚醚单体收入约占中国聚醚单体总收入的1.0%。公司由《财富》中国500强企业海螺集团(于2024年名列第135位)成立，作为具有水泥及混凝土行业节能增效全产业能力的骨干企业，致力于开拓精细化工材料市场。On December 30, according to the Hong Kong Stock Exchange's disclosure on December 27, Anhui CONCH CEMENT Materials Technology Co., Ltd. (abbreviated as: CONCH CEMENT Technology) passed the hearing conducted by the Hong Kong Stock Exchange, with China Securities Co., Ltd. as its sole sponsor.
The prospectus shows that CONCH CEMENT Technology is a fine chemical material supplier that produces and sells Cement additives, concrete additives, and their related upstream raw materials. According to data from Frost & Sullivan, based on sales and revenue of Cement additives in fiscal year 2023, the company ranks first in China, with market shares of approximately 28.3% and 32.3%, respectively. Thanks to the company's R&D efforts and capabilities, it also provides technical support related to the products it offers.
According to data from Frost & Sullivan, the market for Cement additives in China is highly concentrated. As of December 31, 2023, the top five suppliers of Cement grinding aids in China accounted for approximately 49.6% of the total sales of Cement grinding aids in the country. In recent years, the market share of high-performance concrete water-reducing agents has been continuously increasing due to their satisfactory performance. In the future, the market share of high-performance concrete water-reducing agents is expected to further increase.
In fiscal year 2023, the company's sales of concrete additives accounted for about 0.8% of the total sales of concrete additives in China, while the revenue from the company's concrete additives accounted for approximately 0.6% of the total revenue of concrete additives in China. In fiscal year 2023, the sales of the company's amine products accounted for about 4.7% of the total sales of amine products in China, and the revenue from the company's amine products accounted for approximately 3.9% of the total revenue of amine products in China. In fiscal year 2023, the sales of the company's polyether monomers accounted for about 0.9% of the total sales of polyether monomers in China, and the revenue from the company's polyether monomers accounted for approximately 1.0% of the total revenue of polyether monomers in China. The company was established by the Fortune China 500 company CONCH Group (ranked 135th in 2024), and as a backbone enterprise with the capability of energy-saving and efficiency-enhancing across the entire Cement and concrete industry, it is committed to exploring the fine chemical materials market.
On the customer side, CONCH CEMENT is the company's largest customer in the year, and as of the last practical date, approximately 36.4% of the shares are held by one of its controlling shareholders, CONCH Group. Since the second half of 2018, CONCH CEMENT Technology has been a supplier of additive products for CONCH CEMENT Group, and during the reporting period, this business revenue significantly increased.
In terms of finance, for the fiscal years 2021, 2022, 2023, and the six months of 2023 and 2024, CONCH CEMENT achieved revenues of approximately 1.538 billion yuan, 1.84 billion yuan, 2.396 billion yuan, 1.036 billion yuan, and 1.103 billion yuan respectively; during the same period, the profits were 0.127 billion yuan, 92.4 million yuan, 0.144 billion yuan, 47.7 million yuan, and 60.2 million yuan respectively.
