On May 16, Xinjiang Tianshan Cement Co., Ltd. This year's market demand situation, the company's measures on the supply side to stabilize cement prices , and coal price expectations were answered one by one.
1. What is the market demand this year?
Answer: The market recovered early after the Spring Festival this year. In April, the construction progress was affected by the rainfall in the south, the sales volume fluctuated slightly, and the overall demand was stable. & nbsp; & nbsp;
2. What is the demand outlook for the second half of the year?
Answer: The Chinese government adheres to the principle of seeking progress while maintaining stability. The policy of investing in infrastructure construction ahead of schedule is working hard. The issuance of local government special bonds has been accelerated. The key projects of the 14th Five-Year Plan have been launched one after another. There is potential and space for expanding effective investment. It is expected that the real estate industry has basically reached the bottom. Forecast for 2023: Overall demand is flat with a slight improvement year-on-year. & nbsp; & nbsp;
3. What measures does the company take on the supply side to stabilize the cement price?
Answer : At present, the overcapacity situation of the cement industry is still severe, and the price depends on the relationship between supply and demand, which requires the industry to take multiple measures to implement the supply-side structural reform. From the perspective of long-term development, it is necessary to reduce production capacity by reducing carbon and energy consumption in accordance with the guidance of the national dual-carbon policy, strictly control new production capacity and phase out inefficient production capacity in terms of supply. In the short term, we will continue to implement the peak-shifting production policy, avoid vicious competition at low prices through the strengthening of peak-shifting production policies in various regions, and ultimately realize the return of industry benefits to a reasonable range, promote green low-carbon and digital intelligent transformation, and realize the healthy and sustainable development of the industry.
4. Overview of cement price this year?
Answer: The price is high before and low after 2022, and it is expected to be low before and high after this year. After the Spring Festival, the market demand in the Yangtze River Delta and the Pearl River Delta gradually recovered, and the price was gradually restored, but the overall price level was still low compared with the same period last year; the demand in other regions was still weak, and the price fluctuated in the rational regression; the price in the northern market was still low due to the sluggish demand. & nbsp; & nbsp;
5. The Company's coal price expectation? & nbsp; & nbsp;
Answer: The rising price of coal has brought cost pressure. Last year, the company reduced the cost through multiple channels. After excluding the factor of coal price, the cost of cement manufacturing has decreased. Coal prices are expected to be stable and slightly lower this year, but still fluctuate at a high level.
6. What is the current progress of the Company's convertible bond project? & nbsp; & nbsp;
Answer: The convertible bond project of the Company is in the stage of replying to the review inquiry letter from Shenzhen Stock Exchange. On April 27, 2023, the Company disclosed the "About the receipt of Shenzhen Stock Exchange". Announcement on the Examination and Inquiry Letter on the Application of Xinjiang Tianshan Cement Co., Ltd. for Issuing Convertible Corporate Bonds to Non-specific Targets. Subsequently, the Company will disclose the progress of the convertible bond project in a timely manner in accordance with relevant laws and regulations. & nbsp; & nbsp;
7. The company's work in photovoltaic and wind power?
Answer: The Company is sorting out the application scenarios of New Tianshan Cement, such as photovoltaic power generation, wind power generation and other green energy construction. The general principle is that all the scenarios that meet the requirements should be built.
浙公网安备33010802003254号