Tianshan shares high-level personnel changes

2023-10-10 13:21:58

As recommended by the shareholders and nominated by the nomination committee of the eighth session of the Board, it was agreed to elect Mr. Wang Bing and Mr. Yin Zhisong as candidates for non-independent directors of the eighth session of the Board of the Company.

On October 9, Tianshan Stock Company announced that in order to improve the corporate governance structure and ensure the standardized operation of the board of directors, according to the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association of the Company, the board of directors of the company consists of nine directors, seven directors are currently available, and two directors need to be elected. Recommended

by the shareholders of the company and nominated by the nomination committee of the eighth board of directors, the company convened the twenty-sixth meeting of the eighth board of directors on October 9, 2023, with 7 consents, 0 objections and 0 abstentions, and considered and adopted the Bill on By-election of Non-independent Director Candidates of the Eighth Board of Directors. It was agreed to elect Mr. Wang Bing and Mr. Yin Zhisong as candidates for non-independent directors of the eighth session of the Board of the Company, with their terms of office commencing from the date of consideration and approval at the general meeting and ending on the expiry date of the term of the eighth session of the Board of the Company.

At the same time, the board of directors of Tianshan Stock Company considered and approved the Bill on the Adjustment of the Members of the Special Committee of the Eighth Board of Directors, and agreed to adjust Mr. Zhao Xinjun as a member of the Strategic Committee of the Eighth Board of Directors of the Company. The term of office shall commence from the date of approval by the meeting of the Board and end on the expiry date of the term of the eighth session of the Board. Details after

adjustment are as follows: Liu Yan, Zhao Xinjun, Cai Guobin, Kong Xiangzhong and Lu Zhengfei, among whom Mr. Liu Yan is the chairman.

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Correlation

The announcement shows that Tianshan shares are expected to lose 800 million yuan to 1 billion yuan in net profit attributable to shareholders of listed companies in the first half of 2025, a significant reduction from the same period last year.

2025-07-14 11:09:07

Tianshan shares answered that the company actively promotes waste management and optimizes waste classification, recycling and resource utilization around the principle of "reduction, resource utilization and harmlessness".

2025-06-17 16:48:13

As the company's overseas investment and operation platform, Sinoma Cement currently has a total cement production capacity of 3.5 million tons, clinker production capacity of 1.55 million tons, commercial mixing production capacity of 200,000 cubic meters, aggregate production capacity of 2 million tons and sintered brick production capacity of 60 million pieces in Zambia, Nigeria, Tunisia and Mongolia.

2025-06-04 10:44:15

Man Gaopeng went deep into the production site to inspect the operation of the enterprise safety standardization system on the spot. After listening to the relevant work reports, he fully affirmed the achievements of the enterprise in production, operation, safety and environmental protection, and put forward five requirements:

2025-05-28 10:37:14

On May 13, Tianshan announced that the company held the second provisional shareholders'meeting in 2025 and elected Mr. Man Gaopeng as the non-independent director of the ninth board of directors of the company.

2025-05-13 10:37:26

At present, the cement industry is facing severe challenges and changes. Market demand continues to be depressed, the problem of overcapacity is prominent, "price war" rises and falls one after another, and the profit margin of the industry is severely compressed. In this context, the focus of 2025 work of six cement industry giants, Conch, Tianshan, Jidong, Huaxin, Huarun and Shanshui, has attracted much attention. Their strategic layout and measures are not only related to their own survival and development, but also will profoundly affect the future trend of the entire cement industry.

2025-05-07 10:05:11

Conch Cement: It is estimated that the net profit attributable to the owners of the parent company in the first quarter of 2025 will be about 1.808 billion yuan, an increase of about 20% over the same period last year.

2025-04-28 10:17:25

The Company will continue to consolidate the foundation of governance, continue to standardize the governance mechanism, standardize the interests of the Company and its shareholders, guide small and medium investors to actively participate in the general meeting of shareholders, create convenient conditions for various investors to participate in the decision-making of major issues, and enhance the right of participation and sense of gain of investors.

2025-04-27 14:18:48

Man Gaopeng fully affirmed the achievements of procurement and supply chain management in the past year, deeply analyzed the shortcomings of the company in key areas such as procurement cost control, logistics and warehousing management, supplier management, procurement digitalization construction, risk provention and control, and deployed the work from ten aspects.

2025-04-27 09:44:29

The "Resolution on the Appointment of the President of the Company" was considered and approved by the Company. According to the nomination of the chairman and the review and recommendation of the nomination committee of the board of directors of the Company, the board of directors of the Company agreed to appoint Mr. Man Gaopeng as the president of the Company.

2025-04-27 09:30:43

"Overall, the cement industry into the carbon market has more advantages than disadvantages, although it increases the investment of enterprises, but it is conducive to promoting capacity clearance and industry concentration." Conch cement related responsible person said.

2025-04-25 10:46:42

On the evening of April 23, Tianshan Stock Company issued a quarterly performance announcement, saying that the revenue in the first quarter of 2025 was about 14.947 billion yuan, a decrease of 8.64% compared with the same period last year. The net profit loss attributable to shareholders of listed companies was about 1.494 billion yuan. The basic earnings per share loss was 0.2101 yuan. The revenue in the same period last year was about 16.359 billion yuan; The net profit loss attributable to shareholders of the listed company was approximately RMB1.923 billion, and the basic earnings per share loss was RMB0.222.

2025-04-24 10:03:28

In Li Kunming's view, with the strengthening of self-discipline and off-peak production of cement enterprises, it is expected that the market will return to normalization in 2025, and the fluctuation space will be narrowed, showing the operation characteristics of "rising with a top and falling with a limit".

2025-04-18 10:47:57

"The formal incorporation of the cement industry into the national carbon market is of great positive significance for speeding up the removal of inefficient production capacity and promoting the high-quality development of the industry." Li Kunming, a cement analyst at China Cement Network Cement Big Data Research Institute, said bluntly.

2025-04-17 09:58:52

Since the reorganization, the company has continuously promoted consumption reduction and efficiency improvement, optimized upgrading and withdrawal of inefficient production capacity through "three fine management". In 2024, the company's sales cost of cement clinker and commercial mix reached a new low in recent years, and the cost control ability far exceeded the level before integration. By means of equity transfer, transfer and new establishment, the company integrates regional companies into legal entities directly owned by Tianshan Stock Company, realizes the three-level management and control mode of "headquarters-regional companies-subsidiaries", simplifies the decision-making process, strengthens the overall planning ability of regional resources, and saves management costs. In the future, we will continue to deepen the comprehensive cost reduction action plan.

2025-04-14 16:44:35

By the end of 2024, the company has 230 million tons of aggregate production capacity, and will not invest in new large-scale aggregate mines in the future. At the same time, the company will focus on accelerating the construction of projects under construction, adhere to the concept of "professional management and integrated management", give full play to the advantages of the industrial chain, and increase key projects, municipal projects and civil rural markets. Strive to stabilize the sales volume and profit of aggregate business.

2025-04-14 16:43:13

In the first three quarters of 2024, the operation of the industry declined sharply. In the second half of the year, the whole industry gradually changed its concept, the price of cement was gradually restored, and the profits of the industry and enterprises were improved. The company expects that demand will continue to decline in the first half of 2025, but the decline in demand will gradually narrow in the second half of the year. At present, the consensus of the industry against "involution" competition is stronger, the mechanism and methods of peak staggering production are becoming more and more mature, and the foundation of the industry's ecological construction is more solid. The company will earnestly implement the relevant policy requirements against industry involution, inject confidence into the recovery of the industry, and help to achieve a balanced development of social and economic benefits.

2025-04-14 16:38:17

Facing the new development trend of the domestic cement industry, the company has accelerated the pace of structural adjustment, transformation and upgrading, and international development, and actively responded to the national "going out" call for Sinoma Cement as the company's overseas investment and operation platform. At present, it has a total cement production capacity of 2 million tons, clinker production capacity of 1.55 million tons, commercial mixing production capacity of 200,000 cubic meters, aggregate production capacity of 2 million tons and sintered brick production capacity of 60 million pieces in Zambia, Nigeria and Mongolia. In 2024, the company's international business continued to maintain a profitable trend, with increased sales and profits.

2025-04-14 16:34:32

On the basis of the sharp decline in demand in the second half of last year, the company expects that demand will continue to decline in the first half of 2025 due to insufficient rolling of stock projects and the reduction of new start-up projects. However, as the country continues to push the real estate market to stop falling and stabilize, and the capital situation is expected to improve, some infrastructure projects have been launched, and the demand decline is expected to gradually narrow in the second half of the year.

2025-04-09 10:16:20

In the first three quarters of 2024, the business situation of the industry declined sharply, and the price reduction was not conducive to the transformation and upgrading of the industry towards high-quality development. Since the second half of the year, the concept has been gradually changed, and the spirit of the Politburo meeting of "strengthening industry self-discipline and preventing vicious competition of involution" has been implemented. The price has been gradually restored, and the decline in sales of leading enterprises has been expanded, but the profits of the industry and enterprises have been improved. At present, the consensus of the industry against "involution" competition is stronger, the mechanism and methods of peak staggering production are becoming more and more mature, and the foundation of the industry's ecological construction is more solid.

2025-04-03 16:02:17

On March 27, Tianshan Stock released its performance report for 2024. In 2024, the operating income was 86.995 billion yuan, down 18.98% year on year; the net profit attributable to shareholders of listed companies was -598 million yuan, down 130.45% year on year.

2025-03-26 21:13:43

First, strengthen the consensus of "anti-involution" to transmit positive energy for the development of the industry; second, strengthen the "double control" of daily output and off-peak days to promote the rebalancing of production and sales; third, strengthen cross-market coordination to promote cross-regional linkage, off-peak linkage and re-pricing; fourth, improve the transparency of price policy to reduce the misjudgment of decision-making; fifth, innovate the cooperation mode to accelerate the promotion of concentration and capacity reduction.

2025-03-14 08:36:51

In order to promote the healthy development of the cement industry in Northeast China, Jinyu Jidong Cement and Tianshan Material Group have jointly established Jinzhong New Material Company in Liaoning Province. Since its establishment, the company has shouldered the glorious responsibility and mission of giving full play to the leading role and joint advantages of state-owned central enterprises, promoting the structural reform of the supply side of the cement industry in Liaoning Province, leading the high-quality development of the cement industry in Liaoning Province, and promoting and enabling the sound development of the ecological construction of the cement industry in Liaoning Province.

2025-02-28 09:58:37

In 2025, the overall weak pattern of the industry will continue. Under the environment of coexistence of opportunities and challenges, overseas market development will continue to be an important direction for cement enterprises in the new year.

2025-02-25 09:52:43

How can cement enterprises better lay out the new energy field and achieve a win-win situation? How to solve all kinds of problems?

2025-02-12 14:22:44

Tianshan shares announced on the evening of February 11 that the first meeting of the ninth board of directors of the company was held on February 11, 2025 by means of on-site video. The Proposal on the Election of the Chairman of the Ninth Session of the Board of Directors of the Company, the Proposal on the Appointment of the President of the Company, the Proposal on the Appointment of Senior Management of the Company and the Proposal on the Appointment of the Secretary of the Board of Directors of the Company were considered and approved.

2025-02-12 09:32:06

During the reporting period, the Company actively strengthened cost control, resulting in a year-on-year decrease in the prices of major raw materials such as coal and a year-on-year decrease in the cost of cement clinker. However, due to the significant decrease in market demand and the significant decrease in the sales price and sales volume of cement clinker, the gross profit of cement clinker decreased year-on-year.

2025-01-17 09:35:09

On January 14, Tianshan Material Co., Ltd. announced that its subsidiaries at all levels were integrated into regional management companies by means of equity transfer/acquisition, transfer, capital increase/reduction and new establishment according to regional division. As of the disclosure date of this announcement, the Company has completed the internal business integration and structural adjustment.

2025-01-15 09:55:22

On January 13, Tianshan Material Co., Ltd. announced that its subsidiaries at all levels were integrated into regional management companies by means of equity transfer/acquisition, transfer, capital increase/reduction and new establishment according to regional division. As of the disclosure date of this announcement, the Company has completed the internal business integration and structural adjustment.

2025-01-14 11:49:20

On the same day, Tianshan held a board meeting and agreed to elect Zhao Xinjun as the chairman of the eighth board of directors of the company, whose term of office will expire at the end of the eighth board of directors.

2025-01-07 09:22:48

What is happening in the cement industry?

2024-11-11 07:01:23

The incorporation of the cement industry into the national carbon market will have a significant impact on cement enterprises in terms of production and operation, data control, transaction costs, energy saving and carbon reduction investment, etc. With the carbon quota from basic satisfaction to tight reduction, it will effectively promote production reduction, thereby affecting competitiveness and supply and demand pattern.

2024-11-01 09:52:46

Recently, a number of cement companies have released three quarter performance reports. In the first three quarters, due to the continuous decline in cement demand and intensified competition, their performance declined in varying degrees, and some enterprises suffered serious losses.

2024-10-29 09:26:00

According to the data, in the first half of 2024, Tianshan sold 94.44 million tons of cement, down 11.68% year on year; sold 11.59 million tons of clinker, down 21.30% year on year; and sold 106 million tons of cement and clinker. Looking at Conch Cement, in the first half of 2024, the total net sales volume of cement and clinker was 128 million tons, representing a year-on-year decrease of 4.94%; the sales volume of cement clinker products was 126 million tons, representing a year-on-year decrease of 3.35%.

2024-09-06 13:11:58

Relevant data show that the industry lost about 1.2 billion yuan in the first half of the year, with sales falling by 11%. Conch Cement: In the first half of the year, the Company achieved an operating income of RMB45.566 billion, representing a year-on-year decrease of 30.44%, and a net profit of RMB3.326 billion, representing a year-on-year decrease of 48.56%. Tapai Group: achieved operating income of RMB1.976 billion, representing a year-on-year decrease of 31.17%; net profit attributable to shareholders of the listed company was RMB226 million, representing a year-on-year decrease of 53.43%. It is expected that with the arrival of the traditional peak season of cement sales, the demand side will be better in the second half of the year than in the first half, and the price side is expected to continue to repair.

2024-08-30 10:06:24

On the evening of August 26, Tianshan Stock released the semi-annual report of 2024. In the first half of the year, the company realized operating income of 39.699 billion yuan, down 25.72% year-on-year; net loss of 3.414 billion yuan, profit to loss year-on-year; basic earnings per share of -0.394 yuan. According to the data, among the subsidiaries of Tianshan Stock Company, China United Cement Group Co., Ltd. performed well in the first half of this year, with net profit turning from loss to profit.

2024-08-27 15:32:57

According to the report, in the second half of 2024, the external environment is still complex and severe, and the operation and development still face many risks and challenges. From the perspective of the industry, in the second half of the year, the marginal demand for cement improved, the supply compression continued to increase, and the contradiction between supply and demand in the industry was prominent. From the company's point of view, strategic opportunities and risks coexist, uncertainties increase, the complexity and severity of the business situation, the heavy and arduous tasks continue to intensify.

2024-08-27 11:20:44

Tianshan shares in the evening of August 26th issued 2024 semi-annual report, the company achieved operating income of 39.699 billion yuan in the first half of the year, down 25.72%; net loss of 3.414 billion yuan, profit to loss; basic earnings per share -0.394 yuan.

2024-08-27 09:26:36

Tianshan shares in the evening of August 26th issued 2024 semi-annual report, the company achieved operating income of 39.699 billion yuan in the first half of the year, down 25.72%; net loss of 3.414 billion yuan, profit to loss; basic earnings per share -0.394 yuan. During the reporting period, due to the continuous decline in real estate investment and insufficient funds for infrastructure projects, the demand for cement declined significantly. Although the year-on-year decline in coal prices led to a significant reduction in costs, due to the continued low price, the year-on-year decline was greater than cost decline, the gross profit margin declined year-on-year, and the benefits declined significantly year-on-year.

2024-08-27 09:14:28

Tianshan shares announced in the evening of August 9 that due to the long duration of the transaction and certain fluctuations and changes in the macro-environment and the industrial environment, the company decided to terminate the transaction of acquiring the controlling rights of the cement and other related business subsidiaries held by the related party Ningxia Building Materials and the trademarks and other assets involved in the cement and other related businesses.

2024-08-12 09:46:54

Tianshan shares said that after the completion of the acquisition, it will help to promote the international layout of the company's cement business, expand the scale of the company's assets, enhance future profitability and improve the company's sustainable operation ability.

2024-07-29 09:37:33

According to the introduction, Sichuan Qingshan Cement Building Materials Co., Ltd. was established on June 11, 2010 and renamed as Sichuan Qingshan New Materials Co., Ltd. on April 10, 2015. The nature (type) of the company is a limited liability company, with its domicile in the railway station gathering industrial park of Pengxi County, Suining City, Sichuan Province, with a total area of 58666. There are two cement production lines (pulverizers) with an annual output of 600,000 tons, both of which can be used normally.