Shree Cement Approves China Trading Subsidiary Through UAE Unit

The board of UAE-based Shree Global FZE has approved the incorporation of a wholly owned subsidiary in China named Shree International Trading (Shanghai) Limited. The new entity will hold an authorised capital of RMB 5 million to support import, export, and trading of industrial equipment. India's Shree Cement Limited will maintain 100% indirect equity ownership through its UAE holding.

Published October 15, 2026 Source: scanx.trade

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The Board of Directors of Shree Global FZE, a wholly owned UAE subsidiary of Shree Cement Limited, approved on October 14, 2026, the incorporation of a step-down trading entity in the People's Republic of China, according to company disclosures reported by ScanX.

The planned Chinese entity, named Shree International Trading (Shanghai) Limited, will operate in the import, export, and general trading sector. Its core operational focus covers industrial products, machinery, equipment, environmental protection equipment, and related services.

Shree Cement Limited will hold 100% indirect equity in the Shanghai entity via Shree Global FZE. The authorised share capital is established at RMB 5,000,000, and the initial subscription of paid-up capital will be completed entirely in cash.

The reporting notes that this incorporation process requires no specific governmental or regulatory approvals, allowing the corporate group to route cross-border trade operations through its established UAE corporate structure.