Huaxin Cement: Sand and gravel sales in the first half of the year were 50.51 million tons, up 103%.

2023-08-03 09:44:29

With the production of 20 aggregate production lines such as Hubei Yangxin 100 million tons machine-made sand and gravel project (Phase I), Zigui, Yichang, Quxian Phase II and Honghe, the company's aggregate production capacity has reached 210 million tons per year.

Huaxin Cement announced on August 1 that in the first half of the year, the company realized operating income of 15.832 billion yuan, an increase of 10.02% over the same period last year; realized net profit attributable to shareholders of listed companies of 1.193 billion yuan, a decrease of 24.85% over the same period last year; basic earnings per share of 0.58 yuan/share, a decrease of 24.68% over the same period last year. The decrease in net profit

attributable to shareholders of listed companies was mainly due to the year-on-year decrease in the price and sales volume of domestic cement and commodity clinker.

In the first half of the year, due to the increase in overseas cement sales, the Company achieved a sales volume of cement and commercial clinker of 29.9514 million tons, representing a year-on-year increase of 2.13% (of which: the domestic sales volume of cement and commercial clinker decreased by 0.76% year-on-year). In the first half of the year, the aggregate sales amounted to 50.5124 million tons, representing a year-on-year increase of 103.30%, and the concrete sales amounted to 10.9497 million m3, representing a year-on-year increase of 82.31%. At the same time, the company continued to promote the development of environmental protection business, control consumption and reduce costs, and received 1.94 million tons of various wastes in the first half of the year, an increase of 11% over the same period last year.

From the announcement, we can see that Huaxin Cement Sandstone Plate has the fastest growth, which is closely related to Huaxin Cement's vigorous layout of Sandstone in recent years. According to China Sandstone Association, with the production of 20 aggregate production lines such as Hubei Yangxin 100 million tons machine-made sandstone project (Phase I), Zigui, Yichang, Quxian Phase II and Honghe, the company's aggregate production capacity has reached 210 million tons per year. Huaxin Cement Aggregate Project is mainly distributed in Hubei, Yunnan, Chongqing, Hunan, Sichuan, Guizhou and Xizang.

Previously, Huaxin Cement disclosed in its 2022 annual report that it would accelerate the integrated development of the industrial chain, expand the aggregate market and promote the release of new production capacity. The planned capital expenditure in 2023 is about 11 billion yuan, focusing on the production capacity construction of aggregate and concrete.

According to incomplete statistics, there are at least three mines in Huaxin Cement that have not been put into production at present, involving more than 2.7 billion tons of resources reserves and more than 10000 tons of 10450 (about 105 million tons). In February 2022, Huaxin Trading (Chibi) New Building Materials Co., Ltd. won the mining right of limestone mine for building stones in Lijiashan Mining Area, Chibi City,

Hubei Province for 160.2 million yuan. The total reserves of the mine are 13652, 4000 tons (about 140 million tons). Of which: the 12591 of limestone ore resources for building stone is. 1 thousand tons (the 11214 of indicated resources is. 4 thousand tons, and the inferred resources is 13.767 million tons); the dolomite ore resources for construction is 10.613 million tons (both are inferred resources). The designed production scale is 6 million tons/year, and the proposed transfer period is 22 years (including 1.19 years of mine construction period). In August 2022, Huaxin New Material (Changyang) Co., Ltd. won the mining right of dolomite mine for Shizibao building stone in Longzhouping Town, Changyang County,

Hubei Province for 381 million yuan. The resource reserve of the mine is 46467, 3,000 tons (about 465 million tons), the recoverable resource is 29283, 4,200 tons (about 293 million tons), the annual output is 3.5 million tons, and the transfer period is 24.5 years. The mining right of limestone mine for building stone (flux and cement) in yuanguang-Liangfan mining area of Yangxin County,

Hubei Province was won by Huangshi Huaxin Green Building Material Industry Co., Ltd. for 4.48 billion yuan in September 2022. Limestone for building stone, limestone for flux and limestone for cement are exploited in the mine, with a resource reserve of about 2.135 billion tons and a planned annual production capacity of about 95 million tons, which will be sold for 25 years. It is understood that Huangshi Huaxin Green Building Materials Industry Co., Ltd. is also the owner of Huaxin 100 million tons line.

In recent years, the layout of sand and gravel aggregate plate has become the best choice for many large cement enterprises to extend their industrial chain. Compared with other companies in other industries, cement enterprises undoubtedly have competitive advantages in the field of aggregate development. They not only have abundant mineral and human resources, but also have a lot of experience in construction and production that can be transplanted to the sand and gravel industry.

As one of the leading enterprises in the domestic cement industry, Huaxin Cement has been accelerating the layout of the aggregate plate. With the production of 20 aggregate production lines such as Hubei Yangxin 100 million tons machine-made sand and gravel project (Phase I), Zigui, Yichang, Quxian Phase II and Honghe, as well as the reserves of over 2.7 billion tons of sand and gravel resources, the revenue of Huaxin cement sand and gravel business will continue to grow explosively.

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With the production of 20 aggregate production lines such as Hubei Yangxin 100 million tons machine-made sand and gravel project (Phase I), Zigui, Yichang, Quxian Phase II and Honghe, the company's aggregate production capacity has reached 210 million tons per year.

2023-08-03 09:44:29

Since the 10th, some major manufacturers in the northeast of Chongqing have notified an increase of 30 yuan/ton in the price of various types of cement.