10.28 Cement Morning Post: Change in Position of Fu Pengbo; 2024 Q3 Report of Guotong; Announcement on Resignation of Employee Supervisor of Guotong

2024-10-28 07:08:30

What is happening in the cement industry?

1、 10.27 Cement Evening News: Change of Fu Pengbo's Position

Ruiyuan Fund, managed by Fu Pengbo, reduced its stock position to 85% at the end of the third quarter because the rising market led to a rapid rise in the company's valuation, mismatched fundamentals, and reserved space for subsequent market adjustments. The top ten stocks have changed, while other fund managers such as Zhao Feng, Rao Gang and Hou Zhenxin have also analyzed and adjusted the market and investment strategies.

2、 Guotong Co., Ltd.: Report for the Third Quarter of 2024

Xinjiang Guotong Pipeline Co., Ltd. released the third quarter report of 2024, which showed that the company's operating income and net profit attributable to shareholders of listed companies increased significantly, by 166.40% and 134.13% respectively. At the same time, the company's balance sheet and cash flow statement items have also changed greatly, such as changes in monetary funds, prepayments, other receivables, inventories, construction in progress and other items. At the end of the reporting period, the total assets of the company decreased slightly, and the owner's equity attributable to shareholders of listed companies decreased by 4.05%. In addition, as at the end of the reporting period, the total number of ordinary shareholders was 22,147, and the shareholding of the top ten shareholders was also disclosed in the report.

3、 Guotong Co., Ltd.: Announcement of Xinjiang Guotong Pipeline Co., Ltd. on Resignation of Employee Supervisor

Xinjiang Guotong Pipeline Co., Ltd. announced that Xue Shizeng, the employee supervisor of the company, submitted his resignation for personal retirement reasons. Xue Shizeng's resignation will take effect upon the election of a new employee supervisor, and he will continue to perform his duties until the new supervisor takes office. The Company will elect the employee supervisor as soon as possible. Xue Shizeng did not hold any shares of the company and did not fulfill his commitment. The board of supervisors of the company thanked him for his contribution during his term of office.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.