China: Shanshui Cement has announced that as of 31 December 2015, the company took over 100 factories that belonged to Shandong Shanshui, including the Shandong Cement Factory.
At the time, 'the former directors of Shandong Shanshui, namely Zhang Caikui, Zhang Bin and Huang Kehua, still illegally occupied the head office and five factories of Shandong Shanshui and illegally retained important documents, including but not limited to, seals, chops and books,' according to local media. As the company documents were illegally retained, Jinan Administration for Industry & Commerce refused to proceed with the application for the change of directors of Shandong Shanshui.