Recently, an investor asked Conch Cement : Your company actively invests in distributed photovoltaic power generation, but seems to ignore the aggregate business and concrete business. Is the company bearish on the future of the aggregate business and concrete business? Will the aggregate business also face serious overcapacity in the future? The gross profit margin fell back to a reasonably low level.
In this regard, Conch Cement said that in order to accelerate the development of the whole industry chain, the company is focusing on promoting the construction of aggregate projects, developing large-scale and intensive aggregate bases, and accelerating the expansion of commercial mixing scale through new construction, mergers and acquisitions, equity cooperation and other forms, so as to enhance the control of the terminal market and improve the competitiveness of products. By the end of 2022, the company's annual aggregate production capacity has exceeded 100 million tons, the annual commercial mixing capacity has exceeded 25 million cubic meters, and the scale of production capacity has increased substantially. During the "14th Five-Year Plan" period, the company will continue to focus on the main cement industry, speed up the expansion of industrial chains such as aggregates and commercial mixing, and strive to create a new industrial growth pole.
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