The acquisition also made a performance commitment for the next three years. If Zhejiang Kaibo fails to meet its annual performance commitment, the transferor will compensate the transferee for its performance according to the agreement.

2023-10-25

Shanshui Cement announced that for the nine months ended September 30, 2023, the operating income was 14.057 billion yuan (RMB, the same below), and the loss attributable to shareholders of the company was 188 million yuan.

2023-10-25

Wang Jianchao believes that the relationship between supply and demand is the most important factor to improve the efficiency of enterprises, but in the context of such a serious overcapacity, it is a good way to use the total energy consumption or the total carbon emission control as a rigid index to control cement production capacity, but he personally believes that the total carbon emission control is the best choice to cater to the national policy and achieve capacity removal.

2023-10-25

On October 23, 2023, Yang Jun, Party Secretary and Chairman of Conch Group, led Yu Shui, Vice General Manager of Conch Cement, and Wang Congfu, Vice General Manager of Conch New Materials, to visit China Coal Energy Group.

2023-10-25

The problems of new and renewable energy mainly focus on grid-connected power generation, subsidies and costs.

2023-10-25

The lowest price of P-type PV modules is RMB 1.14/W, and the lowest price of N-type PV modules is RMB 1.19/W.

2023-10-25

This year, the total wealth of photovoltaic entrepreneurs fell 57% year-on-year.

2023-10-25

On October 24, Zhou Yuxian, Secretary and Chairman of the Party Committee of China Building Materials Group, held talks with Song Hailiang, Secretary and Chairman of the Party Committee of China Nengjian. The two sides held discussions and exchanges on further strengthening strategic cooperation in various fields and jointly promoting high-quality development, and signed a strategic cooperation agreement. Wu Yun, Standing Committee and Vice General Manager of China Nengjian Party Committee, Zhou Xiaoneng, Chief Economist and General Manager of Market Development Department, and Wang Bing, Executive Director and Vice President of China Building Material Co., Ltd. attended the meeting.

2023-10-24

Recently, Hunan Hanshou Jinda Sandstone Co., Ltd. issued a river sand mining announcement. Since October 21, 2023, the Hanshou mining area of Dongting Lake in Hunan Province has been officially exploited. In addition, other areas of Dongting Lake have been exploited before, and the new round of planned 942.69 million tons of river sand in Hunan Province has been speeded up.

2023-10-24

On October 23, Xiao Jiaxiang, Executive Chairman of China Cement Association, visited Chairman Yu Feng of Shangfeng Cement and had a discussion with the team of Shangfeng Cement Company. Xiao Jiaxiang listened to the specific situation of Shangfeng's business development in recent years and put forward suggestions.

2023-10-24

In the first three quarters of 2023, affected by the continuous adjustment of real estate, the demand for cement was weak and the industry was in a downturn. In the first quarter, the downstream resumption of work was still good, and the overall demand was better than same period. In the second and third quarters, "the peak season was not strong, and the off-season was weaker", the demand weakened significantly, coupled with the fierce market competition, the cement price continued to decline. Cement production hit a 13-year low in the first three quarters, and despite the downward shift in the focus of coal prices, the profits of the cement industry still shrank sharply. Looking forward to the fourth quarter, we believe that the demand of cement industry may be less than that of the same period. Due to the weak demand and the high inventory level of enterprises, there are many obstacles to price rise, and the average price may still decline. Throughout the year, cement demand will face greater downward pressure, and the decline in industry efficiency is still large.

2023-10-24

Net profit attributable to shareholders of listed companies was 1.776 billion yuan, an increase of 531.40% over the previous year.

2023-10-24

Tapai Group realized revenue of 4.116 billion yuan, an increase of 0.09% over the same period last year, and realized net profit of 614 million yuan, an increase of 487.3% over the same period last year. In the third quarter, Tapai Group realized revenue of RMB1.245 billion, representing a year-on-year decrease of 18.04%, and realized net profit attributable to parent company of RMB129 million, representing a year-on-year decrease of 283.59%.

2023-10-24

On November 29, 2023, China Cement Network will hold the "Fifth China Cement Intelligent Summit Forum" in Hangzhou with the theme of "Data-driven Decision-making Intelligence Leads the Future", inviting industry experts, scholars and representatives of relevant enterprises to discuss and promote the intelligent process of the cement industry.

2023-10-24

On October 24, Fujian Cement Co., Ltd. released its third quarter performance report for 2023.

2023-10-24

Earlier, on August 24, Zhonglai announced its semi-annual report for 2023, with a net profit of 236 million yuan attributable to shareholders of listed companies in the first half of the year.

2023-10-24

Part of the assets of Hunan Liangtian Cement Co., Ltd. (The asset package of the clinker production line with a daily output of 2500 tons) is transferred at a base price of 18 million yuan.

2023-10-24

Longji Li Zhenguo: "green electricity" + "green hydrogen" is the only way; another document was issued to rectify the improper market intervention of new energy; National Energy Administration: the newly installed photovoltaic capacity in the first nine months was 128.94 GW.

2023-10-24

The project shall be completed and connected to the grid with full capacity by December 20, 2023, and the county government and the development enterprise shall issue a letter of commitment for grid connection on schedule. Time is tight and the task is heavy.

2023-10-24

Cement prices in Zhejiang, Jiangsu, Anhui and Sichuan have been raised. 1. China National Building Materials, Conch, China Resources and other enterprises are listed on the total carbon emissions list, and the cement industry is facing multiple challenges. 2. Zhou Yuxian is a guest of CCTV Dialogue: telling about the vivid ESG practice of China Building Materials in the construction of "the Belt and Road"

2023-10-24