No, it is a private enterprise.

In September 1997, with the approval of the Anhui Provincial Government and the National Reform Commission, Anhui Conch Group Co., Ltd. established the Company with all the operating assets of Ningguo Cement Plant and Baimashan Cement Plant related to cement production as capital contribution, and was approved by the Securities Commission of the State Council for the Company's initial public offering of 361 million overseas listed foreign shares (H shares). On October 21, 1997, the Company's 361 million H shares were officially listed and traded on the Hong Kong Stock Exchange.

Hai Luo Cement's main products:

"Conch brand" silicate cement clinker and "Conch brand" high-grade cement, the production of general-purpose cement, mainly silicate cement, ordinary silicate cement, slag silicate cement, composite silicate cement, etc., grades are divided into 62.5R, 62.5, 52.5R, 52.5, 42.5R, 42.5, 32.5 and other seven grades, the production of specialty cements, and the production of the characteristics of cement, such as 62.5R, 62.5, 52.5R, 52.5, 42.5, 32.5. The seven grades are 62.5R, 62.5, 52.5R, 52.5, 42.5R, 42.5, 32.5, etc. The characteristic cements produced are sulfate-resistant cement, medium-heat silicate cement, low-heat slag silicate cement, road silicate cement, oil-well cement, non-magnetic cement, special cement for nuclear power plant, and white cement, etc. Also, it can produce Ⅰ - Ⅱ type of cement, Ⅱ - Ⅴ type of cement according to the American ASTM standard, and the European EN-197 standard produced by P Ⅰ - 52.5N, P Ⅱ - 42.5R, PⅡ-42.5N cement and other multi-standard requirements of cement.