Tianshan shares and conch cement clinker and other building materials trade cooperation reduced

2023-07-03 11:20:49

Conch Cement, a subsidiary of Conch Group, has adjusted the development plan of building materials trade business.

Recently, investors have asked Tianshan shares, the company's largest customer is conch cement , 20 years, 21 years are relatively high, why to 22 years the proportion of decline?

In response, Tianshan said that in 2022, the company's sales to Anhui Conch Group Co., Ltd. decreased, mainly because Conch Cement, a subsidiary of the group, adjusted the development plan of building materials trade business and reduced cooperation with the company on building materials trade such as cement clinker products. As a result, sales and purchases of the company have declined. On July 6-7,

2023, China Cement Network will hold the " 2023 China Cement Energy Conservation and New Energy Development Conference " in Chongqing. Leading enterprises in China Building Materials, Conch Group, Jinyu Jidong, Red Lion Group, Huaxin Cement, Huarun Cement, Taiwan Cement, Shanshui Group, Tianrui Cement , Asian Cement and other industries will gather in Chongqing to discuss new ways of energy saving and carbon reduction in the cement industry with industry technical specialist and professors of colleges and universities. The cement industry is moving towards a new journey of low carbon and high quality development.

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Conch Cement, a subsidiary of Conch Group, has adjusted the development plan of building materials trade business.

2023-07-03 11:20:49

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.