On March 19, Tapai Group received Guotai Junan's investigation and conducted in-depth exchanges on the company's business and annual business objectives.
Tapai Group said that the cement market demand recovered relatively slowly after the Spring Festival this year, and the company's shipment rate has not yet recovered to the level of the same period last year, but it has been increasing day by day in the case of better weather. The company's current inventory level is about 70%.
For the annual net profit target, Tapai Group said that based on the probability of cement demand in 2024 will continue the downward trend of the previous two years, the industry competition situation is difficult to say that there is a significant improvement.
The company has set a net profit target of more than 600 million yuan in 2024, and 600 million yuan is the lower limit index. The company will spare no effort to do a good job in production, operation and management as last year, and actively respond to the impact of intensified competition and declining efficiency caused by the decline in cement demand. The company will continue to strengthen marketing and further consolidate the company's market share. At the same time, we will continue to strengthen internal management and cost control, continue to promote cost reduction and efficiency enhancement, and strive to achieve better performance. In terms of
aggregate, Tapai Group said that the company mainly uses the waste rock resources of its own limestone mine to develop aggregate business, improve the utilization rate of mine resources, and "eat dry and squeeze clean". Restricted by many factors, the company did not bid separately to obtain aggregate mines.
At present, in addition to the aggregate production line with a design capacity of 4 million tons per year owned by Guangdong Huaxinda Building Material Technology Co., Ltd., a 45% joint venture of the company, a new aggregate production line with a capacity of 2 million tons per year will be put into operation in the first half of this year.
Referring to the Provisional Regulations on the Management of Carbon Emission Trading, which was formally implemented on May 1, Tapai Group said that the Regulations focused on clarifying the system and mechanism of carbon emission trading, standardizing trading activities, ensuring data quality and punishin G illegal acts.
At present, the cement industry has not been included in the national unified carbon emissions trading scope. Before
the establishment of the national unified carbon emissions trading market, Guangdong Province and Fujian Province, as the pilot areas of carbon emissions trading in China, have been tried first. The cement enterprises under the company have been included in the pilot scope as local key emission units, and have fulfilled the contract every year according to the regulations. From the performance of the contract, it benefits from the good carbon emission management level of the company. Free carbon quotas are basically enough every year, and occasionally there are surplus carbon quotas for sale. At present, the trading prices of carbon quotas in Guangdong and Fujian carbon trading markets are quite different. The implementation of the
Regulations is expected to "speed up the construction of a unified national carbon market, implement unified industry accounting standards, unified regulatory rules, unified transaction settlement, and unified quota allocation scheme", which is conducive to creating a fairer competitive environment, promoting energy conservation and emission reduction, and reducing the level of carbon cost differences among regions.
In the future, the free carbon quota is expected to be gradually reduced, which will force cement enterprises to further increase investment in energy saving and emission reduction technologies, reduce carbon emissions, and is expected to be conducive to clearing some backward production capacity.
On March 28-29, China Cement Network will hold the 13th China Cement Industry Summit and TOP100 Award Ceremony in Hangzhou , where there will be a topic report on the impact of carbon emission quotas and carbon asset management on the cement industry and the analysis of cement enterprises'response measures. Please look forward to helping enterprises grasp the pulse of the carbon trading market.
