Some enterprises have lost several hundred million yuan! Leaders of cement enterprises "can't sit still"!

2023-07-17 09:46:58

Under the environment of weak cement market, major cement enterprises have taken actions to strengthen the links with upstream and downstream, and actively seek new cooperation opportunities to cope with the downward pressure of the market.

Recently, a number of cement enterprises issued 2023 semi-annual reports. Affected by the fall in market volume and price, most enterprises have experienced a sharp year-on-year decline, and even some enterprises have suffered losses.

CR Cement Holdings: Profit attributable to owners of the Company is expected to decrease by 63% to 68% year-on-year in the first half of 2023.

Fujian Cement: It is estimated that the net loss attributable to the owners of the parent company will be realized in the first half of 2023. 1

. Tianshan Cement: It is estimated that the net profit in the first half of the year will be 100 million to 150 million yuan. Year-on-year decrease of 95.69% -97.

Qilianshan Cement : It is estimated that the net profit attributable to shareholders of listed companies will be about 222 million yuan to 242 million yuan in the first half of 2023. Year-on-year decrease of 51.76% -55.

Ningxia Building Materials: The net profit of the Company for the first half of 2023 is expected to be 115 million yuan -1.

Jidong Cement: The net profit loss for the first half of the year is expected to be 300 million yuan -400 million yuan.

This series of measures has become one of the important means for cement enterprises to meet the challenges.

In order to better stabilize the market share and expand the market, leaders and senior managers of cement enterprises have also embarked on the journey of signing important customers.

The following is the incomplete statistics of China Cement Network on the cooperation projects signed by cement enterprises with construction engineering units and supply chain enterprises in the first half of 2023:

01

02

China Resources Cement signed a strategic cooperation agreement

with Guangxi Trading Logistics Group on July 11, Guangxi Trading Logistics Group Co., Ltd. signed a strategic cooperation agreement with China Resources Cement Investment Co., Ltd. Peng Fangqing, Chief Representative of China Resources Group in Guangxi and General Manager of China Resources Cement Southwest Region, and Huang Xinyan, Secretary of the Party Committee and Chairman of the Trading Logistics Group, attended the signing ceremony.

03

Gezhouba Supply Chain and Huarun Cement signed a strategic cooperation framework agreement

recently, China Gezhouba Supply Chain Company and Huarun Cement Investment Co., Ltd. formally signed a strategic cooperation framework agreement at the headquarters of Huarun Cement in Shenzhen, Guangdong. Cai Guozhong, Deputy Secretary of the Party Committee and General Manager of the company, and Li Wei, member of the Party Committee and Vice President of China Resources Cement, attended the signing ceremony and signed the cooperation agreement on behalf of both sides.

China West Cement Signs Framework Cooperation Agreement with China Railway 20th Bureau 0 HTML0UN K24 On June 27, witnessed by Lei Weibing, Chairman and Secretary of the Party Committee of China Railway 20th Bureau, and Zhang Jimin, Chairman of the Board of Directors of China Western Cement Co., Ltd., China Railway 20th Bureau signed a framework cooperation agreement with Western Cement. 0HTML0UNK25 10

CR Cement and CSCEC West Construction entered into the Strategic Cooperation Framework Agreement

On 20 May 2023, CSCEC West Construction Co., Ltd. and CR Cement Holdings Limited entered into the Strategic Cooperation Framework Agreement in Shenzhen.

, Jing Shiqing, Deputy Secretary of the Party Committee and President of Huarun Cement, introduced in detail the development of Huarun Cement in the four business areas of basic building materials, structural building materials, functional building materials and new materials. He said that in the future, he would actively co-ordinate the company's resources and strengthen all-round cooperation with the construction of the western part of China.

11

Conch Cement Signs Strategic Cooperation Agreement with China Railway Materials Group 0 HTML0 https://img7.ccement.com/richtext/img/3j4br3lc0y51689558716771.14 On April 19, China Railway Material Group Co., Ltd. and Anhui Conch Cement Co., Ltd. signed a strategic cooperation agreement in Beijing. Tang Jianyong, General Manager and Deputy Secretary of the Party Committee of China Railway Materials Group, and Yu Shui, Deputy General Manager of Anhui Conch Cement Co., Ltd. attended the signing ceremony. HTML0 https://img7.ccement.com/richtext/img/1ivxcm5bjh21689558737178. 2 < IMG SRC = "https://img7.ccement.com/richtext/img/1ivxcm5bjh21689558737178. Yu Shui said that the two sides have always cooperated closely and happily, and he hoped that the two sides would continue to deepen their cooperation." Give full play to the mechanism of strategic mutual visits and create a new situation of win-win cooperation. 0 HTML0 UNK1 3 150 HTML0 UNK1 4 China Gezhouba Gezhouba Supply Chain Company and Anhui Conch Cement Co., Ltd. 0 HTML0 UNK1 5 On 17 March, China Gezhouba Supply Chain Company and Anhui Conch Cement Co., Ltd. (Hereinafter referred to as "Conch Cement") formally signed a strategic cooperation framework agreement at the headquarters of Conch Cement in Wuhu, Anhui. Cai Guozhong, Deputy Secretary of the Party Committee and General Manager of Gezhouba Supply Chain Company, and Yu Shui, Deputy General Manager of Conch Cement, attended the signing ceremony and signed the cooperation agreement on behalf of both sides. 0 HTML0 https://img7.ccement.com/richtext/img/9luv0n3ugcb1689558760651. 6 < IMG SRC = "https://img7.ccement.com/richtext/img/9luv0n3ugcb1689558760651. Based on the needs of long-term common development, through friendly consultation, the two sides decided to expand the cooperation on the basis of the original cooperation." Establish strategic partnerships in cement building materials trade, logistics and distribution cooperation, green finance and other fields. 0 HTML0 UNK1 7 170 HTML0 UNK1 8 Gezhouba Cement and China Railway Major Bridge Engineering Group Materials Co., Ltd. Sign the Strategic Cooperation Agreement 0 HTML0 UNK1 On September 2, China Gezhouba Cement and China Railway Major Bridge Engineering Group Materials Co., Ltd. signed the Strategic Cooperation Agreement in Wuhan. 0 HTML0 UNK2 0 < IMG SRC = "Zhou Shanjian, Deputy General Manager of https://img7.ccement.com/richtext/img/wapehrnpgm1689558777532. Company, Li Hanjiang, Secretary of the Party Committee and Executive Director of China Railway Bridge Bureau Group Material Co., Ltd., signed the contract on behalf of both sides. 0 HTML0 UNK2 1 1 80 HTML0 UNK2 2 Conch Cement Signs Strategic Cooperation Agreement with China Railway 15th Bureau 0 HTML0 UNK2 3 Huang Changfu, Party Secretary and Chairman of China Railway 15th Bureau, https://img7.ccement.com/richtext/img/if9xctshh61689558798088., and Yu Shui, Vice General Manager of Conch Cement, attended the signing ceremony and had a discussion. The two sides reached consensus in product development, technological innovation, engineering projects, resource integration, information sharing and other fields. 0 HTML 0 UNK2 4 Yu Shui said that Conch Cement is willing to rely on product brand, technical strength, production capacity and supporting resource advantages to achieve resource sharing, give full play to its own advantages, meet the construction needs of the project, establish a comprehensive strategic cooperative relationship with the 15th Bureau of China Railway, and promote the two sides to achieve high-quality development. 0 HTML0 UNK2 5190 HTML0 UNK2 6 Yiyang Conch Cement and Shangrao Guofa Group entered into a strategic cooperation agreement 0 HTML0 UNK2 7 On 30 July, Yiyang Conch Cement and Shangrao Guofa Group entered into a strategic cooperation agreement. 0HTML0UNK28 All can be viewed after purchase

Correlation

Under the environment of weak cement market, major cement enterprises have taken actions to strengthen the links with upstream and downstream, and actively seek new cooperation opportunities to cope with the downward pressure of the market.

2023-07-17 09:46:58