Recently, Conch Cement released the action plan of "improving quality, increasing efficiency and increasing returns" in 2024 . Among them, Conch Cement said that it would continue to focus on strengthening the main business and improving the quality of operation. The principal business of the
Company is the production and sales of cement, clinker and upstream and downstream products, which are mainly used in large-scale infrastructure construction such as railways, highways, airports and water conservancy projects, as well as urban real estate development and rural markets. In 2023, due to the deep adjustment of the real estate industry, the decline in demand, the sharp drop in cement prices and the high cost and other factors, the company's efficiency declined year-on-year. In 2024, the company will follow the general idea of "profit is the purpose, share is the basis" , take the annual target as the guidance, and take various measures to improve operating efficiency.
Firstly, the Company will continue to develop the main cement industry, implement policies according to the time and situation, and grasp the market initiative;
actively promote the government to introduce more vigorous peak-shifting production or supply-side reform control policies and strictly comply with them, strive to promote the healthy and orderly development of the industry, maintain the industry ecology, and stabilize the profit base of the main cement industry.
At the same time, we will optimize the layout of upstream and downstream industries, give full play to the marketing advantages of the whole cement industry chain, promote the integrated sales of cement, aggregate and commercial mix, and strive to improve the profit contribution of aggregate and commercial mix industries.
Steady progress to open up overseas markets, focus on improving the quality of overseas project operations, and promote the scale of overseas business and business performance to further improve.
The second is to strengthen lean management, strengthen comprehensive budget management, and reduce operating costs from production, procurement, logistics and other aspects.
Give full play to the advantages of large-scale procurement, build an economic supply system, further reduce the procurement costs of raw materials, equipment and spare parts, and improve the overall efficiency and effectiveness of the supply chain;
continue to carry out energy efficiency improvement and technological transformation, optimize the production process, improve production efficiency and reduce energy consumption;
Promote the development of intelligent manufacturing and intelligent logistics, realize intelligent control of production process and intelligent management of logistics and transportation, tap the potential of cost reduction and efficiency in an all-round way, and constantly enhance operational resilience.
