From the overall situation, in the first half of 2024, the overall operating situation of the cement industry was grim, and the profits of cement enterprises basically declined sharply, and even some enterprises suffered huge losses. In terms of the operation and management of Conch Cement, the Group will pay close attention to the macroeconomic situation at home and abroad, and continue to improve the quality and efficiency of its operation in line with the guidance of national policies. Huaxin Cement said that it demonstrated the sense of responsibility of large enterprises and actively promoted and implemented new supply-side structural reform programs and measures suitable for the high-quality development of the industry.

2024-09-03

What is happening in the cement industry?

2024-09-03

Sichuan Shuangma's private equity fund management business mainly refers to the management and investment of funds, providing management services to private equity funds, collecting management fees and performance sharing. Sichuan Shuangma currently manages a total fund of nearly 28 billion yuan, and has achieved good results in new energy, semiconductor, advanced manufacturing and other investment fields.

2024-09-02

On September 1, some leading enterprises in Guangxi notified many places to reduce the price of cement by about 20-30 yuan/ton.

2024-09-02

On August 29, Conch Environmental announced that from August 29, 2024, Li Xiaobo resigned as executive director and general manager, and ceased to be a member of the Strategic, Sustainable Development and Risk Management Committee, authorized representative and agent of legal process documents; Wang Chunjian was appointed as an executive director and general manager, a member of the strategy, sustainable development and risk management committee, an authorized representative and a process agent.

2024-09-02

On the evening of August 30, Jidong Cement released its semi-annual report for 2024. In the first half of 2024, it realized operating income of 11.22 billion yuan, down 22.55% year-on-year; realized net profit of -806 million yuan, down 120.18% year-on-year; basic earnings per share of -0.3033 yuan; weighted average return on equity ROE of -2.85%. The main sources of the company's performance are the production and sale of cement and clinker, the production and sale of aggregates and the disposal of hazardous waste and solid waste.

2024-09-02

Recently, the Natural Resources and Planning Bureau of Zaozhuang City, Shandong Province, issued the "Shandong United Wangqi Cement Co., Ltd. 4000t/d New Dry Process Cement Clinker Production Line and Waste Heat Power Generation Project Planning Approval Announcement". It is understood that the total investment in the technical renovation of the 4000t/d cement clinker new dry process production line project of Shandong United Wangqi Cement Co., Ltd. is 1 billion yuan. On the basis of the daily production of 2500t/d, the technical renovation of equipment has been upgraded to the 4000t/d new dry process cement clinker production line and the supporting construction of 6MWh waste heat power generation system. To realize the intellectualization, digitalization, energy saving and environmental deepening of production process and equipment level.

2024-09-02

What is happening in the cement industry?

2024-09-02

What is happening in the cement industry?

2024-09-01

On August 31, Huaxin Cement (600801) disclosed its semi-annual report for 2024. In the first half of 2024, the Company realized operating income of RMB 16.237 billion, a year-on-year increase of 2.56%; net profit attributable to parent company of RMB 731 million, a year-on-year decrease of 38.74%; net profit after deduction of non-profits of RMB 680 million, a year-on-year decrease of 41.88%; net cash flow from operating activities of RMB 1.731 billion, a year-on-year decrease of 18.64%; During the reporting period, the basic earnings per share of Huaxin Cement was 0.35 yuan, and the weighted average return on equity was 2.49%.

2024-08-31

What is happening in the cement industry?

2024-08-31

Most regions in China are affected by capital factors, lack of construction increment downstream, no improvement in concrete market demand, and downward pressure on local quotations. From August 22 to August 28, the national concrete price index closed at 113.68 points, down 0.42% annually and 11.12% year-on-year.

2024-08-30

Since the 29th, some major manufacturers in the province have resumed raising the price of cement by 50 yuan/ton, but the actual implementation range is about 20-30 yuan/ton.

2024-08-30

The performance of the concrete market in Northeast China is relatively stable, and the demand restricts the implementation of raw materials.

2024-08-30

The commercial mixed market in Northwest China is stable and small.

2024-08-30

Demand in the southwest region is sluggish, and concrete prices are running weakly..

2024-08-30

On August 30, Sichuan Shuangma (000935. SZ) released its semi-annual report for 2024. During the reporting period, the company realized business income of 482 million yuan, down 14.08% from the same period last year. Net profit attributable to shareholders of listed companies was 113 million yuan, down 75.06% year on year. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 95.0835 million yuan, down 78.51% year on year. Basic earnings per share is 0.15 yuan.

2024-08-30

Market demand in central and southern China is general, and concrete prices are weak..

2024-08-30

The demand for concrete in North China is weak and the price is under pressure.

2024-08-30

On August 29, Fujian Building Materials Industry Association issued the Notice on the Arrangement of Peak Staggering Work in September. The notice requires all cement enterprises to stagger the peak for 15 days in September according to the current market situation and the decision of the meeting.

2024-08-30