Cement Economy 50 Forum | Li Wei, Vice President of China Resources Cement Holdings: Confidence in the Overall Situation of This Year

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". Li Wei, Vice President of

China Resources Cement Holdings, first introduced the relevant situation in South China. The market in South China has gradually recovered since the Spring Festival, but the degree of recovery varies. As of March 13th, the Guangdong market recovered about 80%, Guangxi recovered 70%, Fujian recovered 75%, and Yunnan recovered 65%. After the the Spring Festival, the price of cement has increased, but it is still lower than same period last year, and the recovery speed of cement sales is better than same period last year, but worse than in previous years.

This year is the first year after the release of the epidemic, and the economy will accelerate its development. The first quarter should be the most difficult stage for the cement industry throughout the year. The situation of the cement industry this year will be better than last year, and the second half of the year will be better than first half, and the second quarter will be better than first quarter. We are confident about the overall situation of this year.

For the development of the cement industry, Li Wei put forward three points of view:

First, to promote the cement industry into carbon trading. Carbon emission reduction in the cement industry is an inevitable trend. Promoting the cement industry to enter carbon trading and using carbon emission reduction as an important starting point is conducive to eliminating backward production capacity.

The second is to promote the digital and intelligent transformation of the cement industry. The practical application of digital and intelligent technology can improve the production efficiency of cement enterprises, reduce the comprehensive cost and enhance the core competitiveness of enterprises.

Third, we hope that we can work together to maintain the order of the industry. Cement enterprises should maintain the overall situation and overall situation, maintain a healthy competition and cooperation relationship in the industry, avoid vicious competition, and work together to tide over difficulties.