It is understood that recently, the annual output of 11 million tons of aggregate machine-made sand project constructed by Zhaoqing Trading Green Quarry Co., Ltd. has entered the stage of installation and commissioning. Established in 2020 and registered in Yuecheng Town, Deqing County, Zhaoqing City
, Zhaoqing Trading Green Quarry Co., Ltd. is a subsidiary of Conch Group. The overall planning of the
project is to build a production line with an annual output of 11 million tons of aggregate machine-made sand and a disposal production line with an annual output of 10 million tons of covering layer, which is one of the key projects signed in the first quarter of 2023 in Deqing County, with a total investment of over 4.5 billion yuan! After the project is completed and put into operation, it will form Yuecheng's first green building materials industry base with an investment of over 10 billion yuan, which will provide new momentum for local economic development.
It is understood that in order to accelerate the development of the whole industry chain, Conch Cement has been focusing on promoting the construction of aggregate projects and developing large-scale and intensive aggregate bases in recent years. The semi-annual report
of Conch Cement in 2023 shows that eight aggregate projects of Conch Cement were put into operation smoothly in the first half of 2023, with an aggregate production capacity of 130 million tons and an additional aggregate production capacity of 21.6 million tons. Aggregate and machine-made sand achieved revenue of 1.685 billion yuan and gross profit of 57.55%, up 1.78 percentage points from the same period last year, which is the only business in Conch Cement's main business with increased gross profit margin in the first half of 2023. Li Qunfeng, executive director and general manager
of Conch Cement, said that Conch Cement has certain competitive advantages in the aggregate industry:
First, the company has rich mining resources, as well as experience in mining and comprehensive management;
Second, the Company has built a large-scale aggregate production base along the Yangtze River, which has convenient waterway logistics and low transportation costs;
third, the aggregate, cement and commercial mixing industries have industrial synergies.
Conch Cement said that in the future, it will focus on the strategy of "extending the chain, supplementing the chain and strengthening the chain", accelerate the construction of aggregate stock projects, steadily develop incremental projects, and give priority to the distribution in the Yangtze River Delta, Pearl River Delta and other markets, areas with low logistics costs, give full play to the advantages of industrial synergy, and maintain the company's competitive advantage in the aggregate industry.
On March 28-29, China Cement Network will hold the 13th China Cement Industry Summit and TOP100 Award Ceremony in Hangzhou, which will conduct in-depth analysis and discussion from the perspectives of supply, demand, macro-economy, technological progress and industrial upgrading. Push the cement industry out of the predicament and face the new cycle bravely. During the conference, there will be an analysis report on the market trend of sand and gravel aggregates. Please look forward to it.
