Cement Economy 50 People Forum | Conch Cement Assistant General Manager Pan Zhonghong: We should build confidence and overcome difficulties together

On March 14, the "Cement Economy 50 Forum" hosted by China Cement Network was successfully held in Hangzhou, with the theme of "Strong Confidence, Breakthrough and Development". Pan Zhonghong, assistant general manager

of Conch Cement , said that due to the expansion of production capacity of some enterprises in previous years, as well as the downturn of real estate and the spread of epidemics, the cement industry experienced a cold winter last year, with a sharp decline in profits, and everyone had a hard time, and Conch Cement was no exception.

During the exchange, Pan Zhonghong pointed out that Conch Group will focus on creating a world-class enterprise, build a new high-quality development model of "one base and five industries" based on cement manufacturing, new energy, new materials, environmental protection industry, digital economy and international trade, and accelerate the pace of transformation and upgrading.

Regarding the cement market, Pan Zhonghong also expressed his view that from the current situation, the economic recovery is better than expected, the cement industry situation this year will be better than last year, and the second half will be better than first half. In the

short run, we still need to build confidence, hold together to keep warm, and work together to overcome difficulties. In the long run, the demand for cement will continue to decline, and the overcapacity will become more and more serious. It is suggested to promote the work related to carbon quota in the cement industry, and use carbon reduction as an important starting point to solve the sharp contradiction between supply and demand in the cement industry.