New Year's Message from Yu Feng, Chairman of Shangfeng Cement: Be Devoted to the Present and See the Future Steadily

The semi-annual report of Conch Cement 2026 is unaudited, announcing an interim dividend of 0.13 yuan per share (including tax), no increase in provident fund, emphasizing financial authenticity and compliance, no capital occupation and illegal guarantee.

2026-09-09 20:53:00

The cement industry is waiting for the possibility of supply-side liquidation and "re-pricing" in the general loss, while the commercial mixed industry is speeding up shuffling in the shrinking income and the deterioration of repayment. Who can survive this round depends no longer on production capacity, but on capital and account books.

2026-09-08 15:46:37

According to incomplete statistics, there are about 30 listed companies developing commercial mixing business in A-share motherboard, Hong Kong stock and Taiwan stock, of which 6 companies take commercial mixing as their main business. As for the sales volume, selling price, gross profit rate and repayment performance of the listed company in the first half of 2026, the detailed analysis is as follows:

2026-09-07 17:25:07

In terms of net profit, 10 of the 19 enterprises suffered losses, more than half of the losses, and the net profit of 12 of the 19 enterprises decreased year on year, and the depth of the loss side far exceeded the profit side.

2026-08-28 10:12:26

What is happening in the cement industry?

2026-08-25 07:02:05

Net profit attributable to shareholders of listed companies was 1.364 billion yuan, an increase of 452.54% over the same period last year.

2026-08-24 13:49:56

Shangfeng Materials relies on semiconductor equity investment (such as Shenghejingwei) to drive the performance surge, with net profit growth of 452.5% and generous dividends. At the same time, the main building materials industry is under pressure but leading in operational efficiency, and the layout of new quality business is accelerated.

2026-08-24 12:57:10

On the evening of August 23, Gansu Shangfeng Material Co., Ltd. (Stock Code: 000672, hereinafter referred to as "Shangfeng Material") released its semi-annual report for 2026. In the first half of the year, the Company realized operating income of RMB1.839 billion, representing a year-on-year decrease of 19.09%; net profit attributable to parent company of RMB1.364 billion, representing a year-on-year increase of 452.54%; net profit after deduction of non-profits of RMB151 million, representing a year-on-year decrease of 46.54%. In the context of the continuous downward demand in the cement industry, the company's profit side has increased substantially against the trend, and the performance structure has changed significantly.

2026-08-24 10:36:55

Since 2020, under the strategic guidance of "exploring the way" to cultivate the new quality business of the second growth curve with equity investment, Shangfeng Materials has focused on the semiconductor industry chain to carry out systematic equity investment layout, with a cumulative investment of more than 2 billion yuan, covering the core links of chip design, wafer foundry, advanced packaging, materials and equipment.

2026-07-29 13:27:00

In the cold winter of cement, the one who can really rise against the trend is never the one who can "roll" the most, but the one who is the first to "change".

2026-07-16 09:22:46

Changxin Science and Technology is one of the most successful investments in the cross-border semiconductor industry of Shangfeng Building Materials, a domestic cement enterprise. According to the data, Shangfeng Material (000672) indirectly holds about 0.1517% of Changxin Science and Technology before its issuance. The listing of Changxin Science and Technology not only brings huge investment returns to Shangfeng Materials, but also highlights the excellent investment vision of Shangfeng Materials.

2026-07-14 09:25:21

The performance forecast shows that in the first half of the year, Shangfeng Material increased its net profit by about 1.150 billion yuan, accounting for more than 80% of the company's profits.

2026-07-14 09:06:52

Du'an Shangfeng was appraised as an ecological environment demonstration unit, highlighting its outstanding practice and effectiveness in green mines, photovoltaic and waste heat power generation, safe production and low-carbon transformation.

2026-07-03 19:57:35

Longqiang affirmed the effectiveness of green and safe development of Dushan Shangfeng Cement, emphasized the overall planning of safety and environmental protection, promoted energy conservation and carbon reduction, technological upgrading, and took the road of high-quality development.

2026-07-03 19:57:25

On June 26, the Guizhou Provincial Office of Industry and Information Technology announced that. In accordance with the requirements of the Implementation Measures for Capacity Replacement in Cement and Glass Industry (2024 edition) (No.206 of the Ministry of Industry and Information Technology), on-site verification and acceptance were carried out by Anshun Bureau of Industry and Information Technology. The rotary kiln and other main equipment of the new dry process cement production line with a daily output of 1000 tons of clinker of Puding Mingda Cement Co., Ltd., which have been used for capacity replacement of Huaining Shangfeng Cement Co., Ltd., have been dismantled and no longer have the conditions for clinker production capacity, which is hereby announced.

2026-06-29 13:13:48

China Cement Network is scheduled to hold the 15th China Cement Energy Conservation and Environmental Protection Technology Exchange Conference and the 7th Intelligent Summit Forum in Wuhu, Anhui Province on July 29-30, 2026.

2026-06-25 09:21:05

In mid-March this year, cement enterprises in many places also launched a push up, but after the price increase, they fell back rapidly, and eventually fell below the level before the rise. This short-lived trajectory of "pushing up-falling back-falling below" is the script that is most likely to repeat the current tide of pushing up. The reason why the ten-year bottom is difficult to break is not because enterprises do not work hard enough, but because the market fundamentals do not give the bottom a reason to go up.

2026-06-18 16:26:26

On June 15, the IPO audit of Yuexin Semiconductor GEM, a 12-inch wafer foundry in China, passed smoothly, and the new economic equity investment of Shangfeng Materials ushered in another achievement.

2026-06-16 16:41:23

Recently, the board of directors of Shangfeng Cement has approved the technical renovation and expansion project of high-precision semiconductor packaging substrate production line with a total investment of 600 million yuan, which marks the steady acceleration of the company's new quality business development.

2026-06-16 16:39:49

Since June 5, "Gansu Shangfeng Cement Co., Ltd." Has changed its name to "Gansu Shangfeng Materials Co., Ltd.", the company's securities abbreviation has changed from "Shangfeng Cement" to "Shangfeng Materials", and the securities code remains unchanged.

2026-06-05 11:09:01

On the evening of June 4, Shangfeng Cement (stock code 000672) ushered in an important moment of renaming the stock abbreviation. The company's announcement said that due to the changes in the company's business structure, asset quality and development momentum, in order to accurately match the company's strategic positioning, industrial layout and actual operation, further enhance the brand image, market recognition and industry influence, and better support the company's high-quality transformation and development to the direction of new materials and technology empowerment, The company has made corresponding changes to its name and securities abbreviation.

2026-06-05 09:37:33

Check the production cost of 17 cement listed companies to see who has the lowest cost?

2026-06-03 14:45:35

From the absolute value of cost per ton, the cost per ton of Xizang is 364.78 yuan/ton, which has always been the highest in China, related to the high cost of raw material transportation, and the Xizang is also the highest in the country.

2026-06-03 10:28:22

What is happening in the cement industry?

2026-05-29 07:02:55

On the evening of May 28, Shangfeng Cement issued a notice. In order to meet the daily operation and capital turnover needs of Xinjiang Tianfeng Investment Co., Ltd., a shareholding company, Zhejiang Shangfeng Building Materials Co., Ltd., a wholly-owned subsidiary of the company, will jointly provide financial assistance of no more than 77.587 million yuan to the remaining shareholders of Tianfeng Investment in proportion to their respective shareholdings.

2026-05-28 17:05:40

From the perspective of dividend intensity, Conch Cement led the industry with an annual dividend of 0.85 yuan per share, totaling 4.486 billion yuan, with a dividend rate of 55.3%, highlighting the shareholder return advantage of leading enterprises.

2026-05-26 09:33:25

Based on 953 million shares, this dividend will distribute a cash dividend of 4.8 yuan (including tax) per 10 shares to all shareholders, without bonus shares or capital stock, totaling 458 million yuan, accounting for 71.77% of the net profit attributable to the parent company in 2025.

2026-05-25 09:50:51

The Department of Industry and Information Technology of Ningxia Hui Autonomous Region announced on May 21 that, in accordance with the relevant requirements of the Measures for the Implementation of Capacity Replacement in Cement and Glass Industry (2024 edition), the Department of Industry and Information Technology of Ningxia Hui Autonomous Region organized experts to conduct on-site verification and acceptance on May 20, 2026, after the application of enterprises and the preliminary examination by the industrial and information departments of Shapotou District and Zhongwei City. The main equipment of the cement clinker production line with a daily output of 2500 tons used by Ningxia Shengjin Cement Co., Ltd. for capacity replacement to Anhui Tongling Shangfeng Cement Co., Ltd. has been dismantled and does not have the capacity to resume clinker production.

2026-05-22 13:20:51

The main equipment of the cement clinker production line with a daily output of 2500 tons used by Ningxia Shengjin Cement Co., Ltd. for capacity replacement to Anhui Tongling Shangfeng Cement Co., Ltd. has been dismantled and does not have the capacity to resume clinker production.

2026-05-22 09:22:03

With the full implementation of capacity replacement work in various regions, a large number of cement production lines included in the scope of capacity replacement have been shut down and dismantled, formally withdrawing from the market.

2026-05-14 09:11:12

In terms of net return to the parent company, only 6 of the 19 companies were profitable, including Conch Cement (1.468 billion yuan), Huaxin Building Materials (630 million yuan), Tapai Group (147 million yuan), Shangfeng Cement (0.32 billion yuan), Ningbo Fidelity (0.60 billion yuan) and Sichuan Shuangma (0.59 billion yuan), while the remaining 13 companies suffered losses.

2026-05-12 11:20:42

What is happening in the cement industry?

2026-05-11 07:02:03

From the perspective of the overall development of the industry, diversified transformation has become the key path for cement enterprises to cross the cycle and cultivate a new growth curve, and is leading the whole industry from traditional manufacturing to high-quality development.

2026-05-07 10:02:33

On the afternoon of April 28, 2026, the company held a performance presentation for 2025 and the first quarter of 2026 in the form of on-site + network and teleconference. The management of the company interacted and communicated with investors on the operating results, financial indicators and company development in 2025 and the first quarter of 2026. The meeting focused on the company's reform and innovation practice of transforming and upgrading from a single traditional building materials business to a "troika" pattern of "building materials cornerstone business, equity investment business and new materials business" with new productivity characteristics in response to the call of the state for many years, and clarified the company's plan from "building materials cornerstone business, equity investment business and new materials business".

2026-04-30 16:08:48

According to the disclosed statistics of the first quarterly report of cement listed companies, the overall profit performance of the cement industry in the first quarter of 2026 is weak, showing a clear pattern of differentiation.

2026-04-29 16:56:19

In the first quarter, the cement market demand in the region where the company is located continued to bear pressure. Compared with the same period of last year, the sales volume and price were under double pressure from January to February, and the market demand rebounded in March, but the price rose slowly. Meanwhile, the northwest region, one of the main regions affecting the performance of the company's cement building materials business, was in the winter break in the first quarter.

2026-04-29 09:43:47

It is an irreversible trend for the cement industry to bid farewell to the "cement" label and embrace diversified development. In the future, with the continuous breakthrough of technological innovation and the continuous optimization of industrial layout, cement enterprises will completely break the traditional cognition and achieve a new leap forward in high-quality development on new tracks such as green building materials, new materials and new energy.

2026-04-29 09:29:45

On April 27, Shangfeng Cement issued a series of announcements to be renamed "Shangfeng Material", marking the effectiveness of its transformation and upgrading strategy.

2026-04-28 10:00:16

The board of directors of the company decided to rename the company as "Shangfeng Material", which also marked the initial success of the transformation and upgrading strategy it has adhered to for many years, thus entering a new stage of development.

2026-04-28 09:24:08

I saw a report that Ruan Bo, Secretary of Huaining County Party Committee of Anhui Province, and his delegation visited Huaining Shangfeng. The report said that Ruan Bo, the newly appointed Secretary of Huaining County Party Committee, accompanied by the main responsible comrades of the county and town, went deep into Huaining Shangfeng Cement Co., Ltd. to conduct research and visits on the production, operation and long-term development of the enterprise.

2026-04-17 11:47:02

After on-site verification and acceptance by experts, the main equipment of the production line of 2500 tons of cement clinker per day used by Ningxia Shangfeng Shengsheng Building Materials Co., Ltd. for capacity replacement to the enterprise and transfer to Huaining Shangfeng Cement Co., Ltd. has been dismantled, and it does not have the capacity to resume clinker production.

2026-04-16 09:47:03

On April 15, the Department of Industry and Information Technology of Ningxia Hui Autonomous Region issued the Announcement on the Demolition of the Production Line of 2500 Tons of Cement Clinker per Day of Ningxia Shangfeng Shengsheng Building Materials Co., Ltd. in accordance with the Ministry of Industry and Information Technology's "Measures for the Implementation of Capacity Replacement in Cement Glass Industry (2024 edition)" (Ministry of Industry and Information Technology's original [2024] 206). After on-site inspection and acceptance by experts, the main equipment of the production line of 2500 tons of cement clinker per day used by Ningxia Shangfeng Building Materials Co., Ltd. for capacity replacement to the enterprise and transfer to Huaining Shangfeng Cement Co., Ltd. has been dismantled and does not have the capacity to resume clinker production, which is hereby announced.

2026-04-15 16:57:36

The two-day industry event has come to a successful conclusion. I sincerely thank all the guests for their full participation and support.

2026-04-10 11:22:20

Faced with the current complex and severe situation of the cement industry, how to reshape the industrial structure in the stock competition has become the core topic of heated discussion among the participants.

2026-04-09 22:53:09

What is happening in the cement industry?

2026-04-03 07:18:57

On March 27, Shangfeng Cement said that since the company formulated and issued the five-year plan in 2019, the board of directors has made clear the direction and path of transformation, upgrading and development based on the main building materials industry, and gradually clarified the development direction of the second growth curve business through the steady layout and resource accumulation of equity investment in emerging industries.

2026-04-02 15:10:02

In order to summarize the work of 2025, commend the advanced, unify ideas, clarify objectives, and fully deploy the work of 2026, on March 13, Inner Mongolia Shangfeng solemnly held the year-end summary and commendation of 2025 and the work deployment meeting of 2026. Yu Baihuan, general manager of Inner Mongolia Shangfeng, made a summary report on the work of Inner Mongolia Shangfeng in 2025 and arranged the work in 2026. Bian Weidong, director of the joint stock company and head of the northwest region, attended the meeting.

2026-03-19 16:26:49

Over the past 30 years, through the unremitting efforts of all the staff of Chuzhou Bochuang Electric Co., Ltd., the company has made remarkable achievements: the all-steel structure plate feeding scale (invention patent: ZL2022116768542) creatively combines the plate feeding scale and the belt measuring scale into one, which solves the measurement pain point of large, high-temperature and viscous materials for users.

2026-03-17 10:02:40

Xinhua Technology, as the leader of domestic electronic-grade polysilicon (with a market share of 55%, ranking the third in the world), entered the Science and Technology Innovation Board; Shangfeng Cement holds 24.55% of its shares through the fund, and has a deep layout of the semiconductor material track.

2026-02-25 20:56:31

Looking forward to 2026, cement enterprises will continue to promote the supplement of clinker production capacity, shrink the total clinker production capacity, reshape the market supply pattern, but the demand will continue to decline, off-peak production may be difficult to sustain, and the cement industry will eventually return to the law of the jungle. How to establish a new consensus and restore the healthy ecology of the industry in the game of the stock market is the key to meet the current challenges.

2026-02-25 09:27:46