Conch Cement disclosed its semi-annual report on the evening of August 27. In the first half of the year, the company realized operating income of 45.566 billion yuan, down 30.44% year-on-year; net profit of 3.326 billion yuan, down 48.56% year-on-year; basic earnings per share of 0.63 yuan.

2024-08-28

What is happening in the cement industry?

2024-08-28

During the reporting period, the total net sales volume of cement and clinker of the Group was 128 million tons, representing a year-on-year decrease of 4.94%; the main business income was RMB34.051 billion, representing a year-on-year decrease of 22.12%; the operating cost The comprehensive gross profit margin of products was 22.71%, representing a decrease of 4.10 percentage points as compared with the same period of last year.

2024-08-27

Chairman Ji Youhong stressed that the cement industry urgently needs to promote industrial transformation and upgrading, and major enterprises in the industry are striving to move towards benign competition and cooperation, pursuing the symbiosis and win-win situation of the industry as a whole.

2024-08-27

The listing of the Shares on the Hong Kong Stock Exchange will not be withdrawn and the register of members of the Company will not be closed with effect from Wednesday, 4 September 2024 for the purpose of determining the entitlements of the Scheme Shareholders under the Scheme.

2024-08-27

On the evening of August 26, Tianshan Stock released the semi-annual report of 2024. In the first half of the year, the company realized operating income of 39.699 billion yuan, down 25.72% year-on-year; net loss of 3.414 billion yuan, profit to loss year-on-year; basic earnings per share of -0.394 yuan. According to the data, among the subsidiaries of Tianshan Stock Company, China United Cement Group Co., Ltd. performed well in the first half of this year, with net profit turning from loss to profit.

2024-08-27

In the first half of the year, Tianshan's revenue was 39.699 billion yuan, down 25.72%, with a net loss of 3.414 billion yuan. The main reason for the decline in performance was the sharp drop in cement demand and the decline in gross profit margin caused by the price drop exceeding the cost drop.

2024-08-27

According to the report, in the second half of 2024, the external environment is still complex and severe, and the operation and development still face many risks and challenges. From the perspective of the industry, in the second half of the year, the marginal demand for cement improved, the supply compression continued to increase, and the contradiction between supply and demand in the industry was prominent. From the company's point of view, strategic opportunities and risks coexist, uncertainties increase, the complexity and severity of the business situation, the heavy and arduous tasks continue to intensify.

2024-08-27

It is reported that one Ф4.2 × 60m 2500t/d new dry process clinker production line of Ningxia Yinghai Building Materials Group Co., Ltd. and one Ф4.3 × 64m new dry process clinker production line of Ningxia Yinghai Tianyang Building Materials Co., Ltd. are demolished in this project. A 2500t/d new dry process clinker production line, a 5000t/d second-generation new dry process cement clinker production line, and a 9MW pure low-temperature waste heat power generation system.

2024-08-27

Tianshan shares in the evening of August 26th issued 2024 semi-annual report, the company achieved operating income of 39.699 billion yuan in the first half of the year, down 25.72%; net loss of 3.414 billion yuan, profit to loss; basic earnings per share -0.394 yuan.

2024-08-27

Tianshan shares in the evening of August 26th issued 2024 semi-annual report, the company achieved operating income of 39.699 billion yuan in the first half of the year, down 25.72%; net loss of 3.414 billion yuan, profit to loss; basic earnings per share -0.394 yuan. During the reporting period, due to the continuous decline in real estate investment and insufficient funds for infrastructure projects, the demand for cement declined significantly. Although the year-on-year decline in coal prices led to a significant reduction in costs, due to the continued low price, the year-on-year decline was greater than cost decline, the gross profit margin declined year-on-year, and the benefits declined significantly year-on-year.

2024-08-27

What is happening in the cement industry?

2024-08-27

According to the plan, the Ganfuwei Project will be completed by the end of 2026. The comprehensive navigation of the project will enhance the navigation capacity of the Ganjiang River tail, shorten the navigation time of ships, reduce the transportation cost, improve the navigation guarantee rate, and reduce the navigation delay and accident risk caused by poor channel conditions. At that time, the transportation of cement will be more convenient, and the competitiveness of cement transportation in northern Jiangxi will be further enhanced.

2024-08-26

By the end of 2028, cement clinker production enterprises (excluding mines, including cement enterprises producing special cement and co-disposing solid waste) and independent grinding stations in the whole province will complete the transformation of ultra-low emission and complete the monitoring, assessment and publicity of ultra-low emission in accordance with the relevant requirements of the state and the province. Cement enterprises or production facilities listed in the shutdown and withdrawal plan of our province are no longer required to implement ultra-low emission transformation, but they should meet the requirements of pollutant emission standards and complete the shutdown and withdrawal of production capacity on time.

2024-08-26

Hebei Jinyu Jidong Supply Chain Co., Ltd. was established on August 21, 2024. Its legal representative is Fan Liqun. Its registered capital is RMB 100 million. The company is located in Shijiazhuang City. Its business scope covers sales of building materials, sales of cement products, sales of special chemical products (excluding dangerous chemicals), wholesale of hardware products, sales of furniture, sales of mechanical and electrical equipment, sales of mechanical and electrical equipment, sales of electrical equipment, information consulting services (excluding licensed information consulting services), domestic freight forwarding, etc. General cargo warehousing services (excluding hazardous chemicals and other items requiring approval), supply chain management services.

2024-08-26

Since the 26th, enterprises in Northeast Jiangxi, Nanchang, Yichun, Ji'an and other places have again notified an increase in cement prices by 20 yuan/ton..

2024-08-26

During the reporting period, real estate investment continued to decline and infrastructure investment slowed down, which directly affected the demand for cement, and this trend became more obvious after the Spring Festival, resulting in a continuous decline in the demand for cement. During the reporting period, the company's cement sales decreased by 577900 tons, and the average price of cement decreased by 45.03 yuan, or 17.26%. During the reporting period, the company suspended the production of high-cost Strait Cement and reduced the marketing scale of Jinyinhu Cement, which had a positive impact on the year-on-year loss reduction.

2024-08-26

On 16 August, China Resources Building Material Technology Holdings Limited (stock code: 1313.HK) announced its interim results for 2024. In the first half of 2024, the consolidated turnover of the Company decreased by 13.9% year-on-year to RMB10.31 billion, the profit attributable to owners of the Company decreased by 70.2% year-on-year to RMB170 million, and the basic earnings per share was RMB0.024. As of June 30, 2024, the total assets of the company were 72.61 billion yuan, the net asset value per share was 6.33 yuan, and the interim dividend rate exceeded 70%.

2024-08-26

Domestic high temperature rain weather has not yet subsided, downstream construction activity is still low, the concrete market is relatively flat, and the market price is stable. From August 15 to August 21, the national concrete price index closed at 114.16 points, down 0.28% annually and 11.40% year-on-year.

2024-08-23

Since the 23rd, some major enterprises in Lanbai area have notified an increase in cement prices by 20 yuan/ton.

2024-08-23

Recently, major enterprises in Jiuquan and Jiayuguan have lowered the price of cement by about 20-30 yuan/ton.

2024-08-23

From August 12, 2024 to August 18, 2024, the highest opening rate of cement kilns in all provinces in China was 72.45% in Shandong Province. Kiln opening rates of 50% and above were 70.86% in Hubei, 65.97% in Anhui, 64.10% in Zhejiang, 63.14% in Shanxi, 61.47% in Jiangsu, 54.48% in Hebei and 50.00% in Tianjin.

2024-08-23

China Cement Net Market Data Center News: The Commercial Mixed Market in Northwest China Is Steady and Small

2024-08-23

Affected by the environment in East China, demand has not improved, and prices in some areas have fallen this week.

2024-08-23

Affected by rainfall in Northeast China, the demand for concrete market is low.

2024-08-23

A few days ago, the Ministry of Industry and Information Technology issued the Notice on the Suspension of Steel Capacity Replacement Work, requiring that from August 23, 2024, the whole country suspend the announcement and announcement of new steel capacity replacement schemes, and violators will be regarded as new illegal steel capacity and notified.

2024-08-23

The price of raw materials in many places has fallen, and the price of concrete in southwest China is running weakly.

2024-08-23

Affected by the price of raw materials, the price of concrete in the central and southern markets is mixed..

2024-08-23

The concrete market in North China is facing the bottleneck of demand and shipment growth.

2024-08-23

The issuance of the Notice means that the capacity replacement in the iron and steel industry, which has been implemented for many years, has temporarily withdrawn from the historical stage, which has further triggered discussions in the industry on whether the implementation of capacity replacement in the cement industry should be suspended. Similar to the iron and steel industry, there are some problems that can not be ignored in the implementation of the cement industry capacity replacement method, so that in recent years, people in the industry have been calling for the suspension or modification of the cement industry capacity replacement method.

2024-08-23

Luo Zengbin, member of the Standing Committee of the CPC Hainan Provincial Committee and secretary of the CPC Haikou Municipal Committee, met with Li Yeqing, party secretary and president of Huaxin Cement Co., Ltd. and his delegation in the municipal administrative office area. During the talks, the two sides focused on giving full play to Hainan's free trade port policy advantages, increasing business layout in Haikou, and strengthening practical cooperation in foreign investment, international trade, new building materials and other fields.

2024-08-23

In the short term, rigid peak staggering is the only way out for the cement industry. We must accurately stagger the peak and stop at the same time. If it is difficult to start at the same time, we should stop at the same time first. In the long run, further improving the concentration is an effective way to reduce production capacity in the cement industry.

2024-08-23

On the 22nd, major cement enterprises in Heilongjiang and Jilin provinces again notified an increase in cement prices by 50-100 yuan/ton.

2024-08-22

Conch Cement elected Zhu Shengli as the vice chairman of the ninth board of directors, and elected Zhu Shengli and Yu Shui as executive directors.

2024-08-22

According to the interim results of China Resources Building Materials Technology in 2024, as of June 30, 2024, China Resources Building Materials Technology employed 17,165 employees, all of whom were full-time employees, 359 of whom worked in Hong Kong, and the rest 16,806 were working in the Mainland (17,939, 343 and 17,596 respectively as at 31 December 2023).

2024-08-22

On the evening of August 21, Conch Cement issued a board resolution announcement to elect Mr. Zhu Shengli as the vice chairman of the ninth board of directors of the company. At the same time, another announcement of Conch Cement shows that Mr. Zhu Shengli and Mr. Yu Shui were elected and appointed as executive directors of the ninth board of directors respectively, and their terms of office shall take effect from the date of approval by the shareholders at the extraordinary general meeting to the date of expiration of the term of the ninth board of directors.

2024-08-22

In the first half of 2024, China Resources Building Materials Science and Technology focused on the management theme of "strengthening the foundation and upgrading, promoting transformation through scientific and technological innovation", focusing on the improvement of concept, ability and style, concentrating on the operation and management of basic building materials, implementing the lowest cost strategy of the system, building the cost analysis ability of the whole value chain, and reducing the production cost of the system.

2024-08-22

According to the Notice of the General Office of the Ministry of Industry and Information Technology on Organizing the Collection of Typical Cases for the Application and Promotion of Safety Emergency Equipment in 2024 (Safety Letter [2024] No.51 of the Ministry of Industry and Information Technology), the list of typical cases for the application and promotion of safety emergency equipment in 2024 has been determined through enterprise declaration, recommendation by local and central enterprises, comprehensive evaluation and list publicity, and is now published.

2024-08-22

Since the middle of the year, cement transaction prices of some major manufacturers in the Pearl River Delta region have fallen by about 10-15 yuan.

2024-08-21

Recently, Jiangxi Provincial Department of Industry and Information Technology has two pieces of public information, one is about the public announcement of Jiangxi Xianhe White Cement Co., Ltd. 'S cement clinker capacity replacement plan; the other is about the public announcement of Jiangxi Xianhe White Cement Co., Ltd.' S 100,000 tons/year cement clinker original replacement capacity withdrawal. It will be completed and put into operation in June 2019. The shutdown time is June 25, 2024, before the new line is ignited and put into operation. From the above information, we can see that the production capacity of the new line of the technical transformation project of Xianhe White Cement Production Line is composed of 80,000 tons of Xianhe White Cement + 200,000 tons of Zhonglin White Cement in Shanggao County + 100,000 tons of Zhangshu New Building Materials Co., Ltd.

2024-08-21

By the end of June 2025, 14 key industries, including coal mines, non-coal mines, dangerous chemicals, fireworks and firecrackers, construction, transportation, gas, industry and trade, and civil explosives, as well as production and operation units in some of the subdivisions, should establish and implement an incentive mechanism for internal reporting of potential accident hazards.

2024-08-21

When night falls and the lights are on, the night production of the cement plant will officially begin. Under the smooth lines, the beauty of order is shocking. In this colorful picture, Golden Carp Cement is a "bright pearl" embedded in the Xijiang Economic Corridor. Under the blue sky of Luoding, the distant mountains are like Dai. Sinoma Luoding uses blue writing style to interpret a different style, which injects vitality into the quiet night. At this time, the south of Guilin still refused to stop, persistently illuminating the way forward with the light of self-confidence. The light of the production area in the south of Guzhang at night is so beautiful that it seems to be a galaxy falling from nine days to the earth.

2024-08-21

Seeing the title, some people are sure to say: "This is not true. A few years ago, everyone in the cement industry ushered in six years of good times in the process of sharing happiness." Is this really the case? As a typical cyclical industry, the development of cement industry is full of ups and downs. From the past experience, when the industry encounters a low ebb, it is easier for enterprises to form a consensus and deal with challenges together; however, after the industry recovers, it is difficult to maintain this spirit of unity.

2024-08-20

Nuclear power cement is mainly used in the construction of nuclear island, valve base, containment and other key parts of nuclear power plants. The nuclear island, valve foundation and conventional island of nuclear power plant are large volume projects, which require high long-term safety, crack resistance and durability of concrete, so a number of special performance requirements are put forward for concrete cement, such as high compressive strength, low hydration heat, low alkali content, low chloride ion content, low dry shrinkage and other comprehensive performance indicators.

2024-08-20

Recently, Western Cement released its interim results for 2024. In the first half of 2024, the revenue of Western Cement was RMB3.702 billion, representing a year-on-year decrease of 15.8%; the gross profit was RMB985 million, representing a year-on-year decrease of 20.2%; the profit before interest, tax, depreciation and amortization was RMB1.284 billion, representing a year-on-year decrease of 15.4%; the profit attributable to owners of the Company (net profit attributable to parent company) was RMB387 million, representing a year-on-year decrease of 27.3%.

2024-08-20

Yufeng Group and Lujian Group signed a strategic cooperation agreement, which will deepen cooperation in raw material supply, market expansion and other fields, jointly promote technological innovation and industrial upgrading, and help Guangxi's economic development.

2024-08-19

It is understood that in November 2023, the Jiangxi Office of Industry and Information Technology issued the announcement on the production capacity of Fenyi Conch Cement Co., Ltd. with a daily output of 4500 tons of cement clinker, saying that Fenyi Conch Cement Co., Ltd. intends to implement the overall relocation and technical renovation project of cement clinker production line from the city to the park, and will build a 4500t/d clinker production line, which will be built in the city. Withdraw from the company's original 2500t/d and 2000t/d clinker production lines. The project is planned to be ignited in June 2025.

2024-08-19

At the beginning of this month, the Fujian market just spread the news of price increase, and since August 6, the price of all kinds of cement has been raised by about 30 yuan/ton. Only 10 days or so, Fujian cement prices fell rapidly. On the one hand, the weak demand for cement, frequent high temperature and rainy weather, and the downturn of the real estate market make it difficult to form a strong support for the demand for cement. It is understood that in the first half of 2024, the investment in real estate development in Fujian Province decreased by 15.8% year-on-year, and the sales area of new commercial housing decreased by 22.7% year-on-year.

2024-08-19

Recently, Henan Zhonglian Tongli Material Co., Ltd. was renamed Henan Tianshan Material Co., Ltd. It is understood that in January this year, Yunnan Southwest Cement Co., Ltd. was renamed Yunnan Tianshan Cement Co., Ltd. and Guizhou Southwest Cement Co., Ltd. was renamed Guizhou Tianshan Cement Co., Ltd.

2024-08-19

Jilin Provincial Building Materials Association advocates that enterprises in the industry should establish a sense of fair competition, abide by market rules, maintain good order in the industry, and resolutely resist unfair competition. At the same time, enterprises in the industry should strengthen their own construction, pay attention to technological innovation and brand building, and improve the quality of products and services, so as to improve the core competitiveness of enterprises.

2024-08-19