During the "Silver Ten" period, the volume of second-hand housing transactions in Shenzhen and Beijing reached a new high, and policies were introduced to stabilize the property market. Beijing Intelligent Benchmarking Site Observation Activity was held in the North Courtyard of the Palace Museum to show the intelligent and high-quality development of the construction industry. Sinoma Energy has a dispute with H29 over a 10 MW chicken manure power project, which claims more than $33 million. The outcome of the case is uncertain.
2、 Shangfeng Cement: 000672 Shangfeng Cement Investor Relations Management Information 20241102.
Gansu Shangfeng Cement Co., Ltd. (Stock Code: 000672) held an investor relations event on October 31, 2024 (other types – conference call). Yu Feng, chairman and president of the company, and other senior officials attended the meeting and introduced the business situation in the third quarter of 2024, including the decline in sales of main products, the decline in prices, but the improvement of the market in the third quarter, the decline in operating income and net profit year-on-year. The company emphasizes the complementary balance of its business structure, demonstrates the profit resilience, the main business cost reduction effect is remarkable, the aggregate business is stable, and the environmental protection and new energy business has also made progress. The company is optimistic about the future development and will continue to focus on the strategy of "one main and two wings" and actively grasp the opportunities of M & a investment. The meeting also discussed the fourth quarter performance forecast, price outlook, the impact of new policies, the development of new economic equity investment business, cost control measures and other issues.