Jianfeng Group: Net profit attributable to parent company in the first half of the year was 112 million yuan, down 22.74% year-on-year.

Jianfeng Group released its semi-annual report for 2023 on August 30. In the first half of the year, it realized business income of 1.381 billion yuan, down 21.65% from the same period last year, of which cement business income was 698 million yuan, down 14.41% from the same period last year; Net profit attributable to shareholders of the listed company was RMB112 million, representing a year-on-year decrease of 22.74%; basic earnings per share was RMB0.3244. In the first half of the year, the company achieved cement sales of 2.5073 million tons, down 5.26% from the same period last year.

Building materials segment: During the reporting period, the growth rate of national fixed asset investment continued to slow down steadily, and infrastructure investment maintained a relatively high growth level. However, the weak trend of cement demand in the real estate sector remained unchanged, and the overall demand of the national cement market weakened. In the first half of the year, the company achieved cement sales of 2.5073 million tons, down 5.26% from the same period last year. In the face of unfavorable external environment, the Company's subordinate cement enterprises continue to implement benchmarking management and fine management, strive to improve labor productivity; use advanced and applicable technologies to implement technical transformation to achieve energy saving and consumption reduction; promote the use of alternative fuels according to local conditions to achieve emission reduction and carbon reduction; strictly control production costs and implement cost reduction and efficiency enhancement; Adjust the sales strategy in time and actively expand the sales market. Daye Jianfeng Group pays close attention to the source management and improves the qualified rate of limestone CaO by strengthening the burden control, improves the burnability of raw meal, reduces the operation cost and improves the quality of clinker by technical transformation of kiln tail coal weighing and dynamic separation of raw meal; Timely understanding and analysis of the same industry storage location, kiln shutdown time, market price, dynamic adjustment of sales strategy. Yunnan Jianfeng closely followed the market changes, reduced costs, controlled expenses, increased the shipment volume in the regional market with high gross profit, and achieved good business performance. In the first half of the year, it established a number of QC teams to reduce the power consumption of each system, actively carried out technical public relations, achieved remarkable results in reducing the consumption of each process, and significantly reduced the comprehensive power consumption of clinker. It strengthened the inspection management, and significantly reduced the unplanned downtime; The historical operation data were compared and analyzed, and the operation state of the kiln inlet boiler was adjusted, and the waste heat power generation was significantly improved. Guizhou Jianfeng strengthens production management, takes measures to reduce the fluctuation of batching scales, forms the best proportioning index, and effectively controls cement strength and production cost; According to the demand characteristics of the civil market, a new variety of PC42.5R cement was launched, and the quality objectives, batching scheme, production organization and market trial of the new variety were planned and implemented, which further enriched the company's product line, helped to expand the market and maintained the overall balance of production and marketing.