Yatai Group announced on the evening of December 12 that Yatai Energy Group Co., Ltd., a wholly-owned subsidiary of the company, intends to acquire 53.33% and 44.45% of Jixi Taixin Coal Industry Co., Ltd. held by Jilin Shenguang Commerce and Trade Co., Ltd. and Jilin Aidu Commerce and Trade Co., Ltd. at a price of 512 million yuan and 427 million yuan respectively. After the completion of this transaction, the company holds 97.78% of Taixin Coal.
Taixin Coal Industry is an enterprise mainly engaged in coal mining and washing industry, with five branches and subsidiaries, two mines under construction with a capacity of 300000 tons per year and three mines with a capacity of 150000 tons per year. The main types of coal produced are fat coal, long flame coal, coking coal and gas coal. Directly or through washing, it can be used for coking in coking plant, industrial coal, power plant and heating coal. At the present stage
, Yatai Group maintains its business development pattern with building materials group, real estate group, pharmaceutical group, financial investment, e-commerce and commercial operation as its core. Among them, the building materials industry has an industrial chain that integrates the business of "limestone, clinker, cement, concrete, prefabricated components and aggregates", and establishes a industrial Internet platform covering the whole process of "procurement, production and sales". Since the beginning of
this year, under the macro environment of the slowdown of infrastructure investment and the sharp decline of new real estate construction, the cement market demand has decreased significantly, the inventory has remained high, the contradiction between supply and demand has become prominent, the cement price has continued to decline at a low level, the year-on-year decline has been significant, and the benefits of the national cement industry have continued to decline significantly. In this context, in the first three quarters of this year, Yatai Group's revenue from building materials and real estate products declined, with a net profit loss of 1.337 billion yuan.
According to the announcement of Yatai Group, this acquisition is conducive to the continuous guarantee and stabilization of the supply of raw materials needed for the production of the company's building materials industry. By replacing outsourcing with self-production, it can reduce the cost of coal procurement to a certain extent, and at the same time, it can expand the supporting resources of the company's coal preparation business.
Coal is the main fuel in the process of cement production, and its cost accounts for 50% ~ 55% of the cost of cement clinker. The fluctuation of coal price has a direct impact on the cost of cement, especially in the case of low demand, cost control is particularly important.
Faced with the current situation, cement enterprises have taken action in order to reduce the cost of coal.
Tianshan shares said that the company focused on reducing fuel costs from three aspects, one is to further strengthen cooperation with large coal enterprises; the other is to expand new procurement channels and resources, and develop imported coal procurement; Thirdly, we should strengthen technological transformation, implement coal-saving measures in place, reduce coal costs, and reduce energy costs through fuel substitution and photovoltaic power generation plans.
Conch Cement said that the company will continue to strengthen the analysis and judgment of the coal market, give full play to the advantages of large-scale procurement, coordinate the supply of domestic and international coal markets, and strive to reduce the cost of coal while ensuring stable production.
Jidong Cement will deepen its strategic cooperation with large coal enterprises, further promote intensive procurement management, enhance the increment of long-term association and high-quality channels, improve the fulfillment rate of long-term association channels, minimize procurement costs and improve the quality of raw materials and fuels; We will continue to promote energy-saving and consumption-reducing technological transformation, further improve the fine operation level of production lines, continuously optimize coal and electricity consumption indicators, reduce the cost of coal and electricity use, and achieve cost reduction and efficiency enhancement.
Shanshui Cement said that it would focus on procurement and supply management, refine the management of comparable material benchmarking, further analyze the results of benchmarking, accurately grasp market differences and market changes, and scientifically formulate procurement strategies; The Company will actively organize the supply of upstream goods, continue to promote the "de-intermediation" of suppliers, establish direct supply cooperation with more leading enterprises in the supply chain, and further explore the space for the decline of raw materials and fuels.
Tapai Group said it would improve the evaluation mechanism of material procurement, focus on the trend of coal prices, and scientifically conduct coal procurement; Use alternative fuels and raw materials with lower cost, optimize cement ingredients to improve material consumption with higher cost performance, adopt technical transformation means to reduce coal consumption and power consumption, and realize material consumption cost reduction.