Jidong Cement: Cement is an industry with overcapacity, and the bottom has not really arrived.

2023-03-31 09:55:19

Jidong Cement: Cement is an overcapacity industry, the bottom has not really arrived, has been fully competitive.

The record of investor relations activities disclosed

by Jidong Cement on March 30 shows that cement is an industry with excess capacity, the bottom has not really arrived, and it has been fully competitive. To achieve the overall strategic goal of capacity removal, we must adhere to the "two-wheel drive" of the government and the market. On the government side, local governments and development and reform departments continue to promote the industry to reduce production capacity, and government-led measures such as peak staggering in heating season and peak staggering in heavily polluted weather have reduced part of the output. On the market side, leading enterprises, on the one hand, actively respond to the overall requirements of the industry's green low-carbon development policy system, actively promote the withdrawal of inefficient production capacity, and strictly implement the policy of capacity replacement and peak staggering production; On the other hand, we should lead the high-quality development of the industry, actively promote industry integration, improve market concentration, take the lead in maintaining the development ecology of the industry, and achieve reasonable profits and capacity reduction in the case of overcapacity.

In the future, the Company will actively implement the requirements of the national dual-carbon strategy, accelerate the promotion of intelligent transformation, actively promote low-carbon projects, develop new energy, wind energy, photovoltaic and other projects, strengthen the coordination among large enterprises, jointly respond to the dual-carbon and supply-side reform, and maintain the industry environment.

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Correlation

Jidong Cement: Cement is an overcapacity industry, the bottom has not really arrived, has been fully competitive.

2023-03-31 09:55:19

In the first half of 2025, Asia Cement achieved an operating income of 2.496 billion yuan, a year-on-year decrease of 7.18%, and a net profit attributable to parent company of 114 million yuan, a year-on-year increase of 128.26%.