On July 16, Shao Jun, Chairman of China Cement Network, and his delegation visited the headquarters of Oriental Hope Group and were warmly received by Liu Yongxing, Chairman of Oriental Hope Group. The two sides had in-depth exchanges on macroeconomic trends, industry development and other topics.
Liu Yongxing thanked China Cement Network for its long-term concern for the development of Dongfang Hope Group's cement industry and introduced the operation of the Group. Founded in 1982, Oriental Hope Group is one of the first private enterprises to grow up with China's reform and opening up. After more than 40 years of accumulation, the Group has developed into a super-large multinational private enterprise group integrating heavy chemical industry (mining, power generation, aluminum industry, silicon industry, cement industry, chemical industry, etc.), agriculture (feed, aquaculture, etc.).
Liu Yongxing pointed out that the relationship between supply and demand determines the price, the cement industry overcapacity is serious, only unswervingly to capacity, in order to promote the steady development of the industry. Drawing lessons from the development process of electrolytic aluminium industry, the situation of excess capacity in electrolytic aluminium industry was extremely severe at that time, and many enterprises fell into losses. However, through the macro-control of the state, the excess capacity was effectively reduced, the price of electrolytic aluminium returned to rationality, and the development of the industry was gradually stable.
Shao Jun agreed with Liu Yongxing and said that the severe situation of industry-wide losses in the first half of this year made the industry more aware that only by constantly reducing production capacity and alleviating the contradiction between supply and demand, can the cement industry be pushed out of the quagmire. However, how to reduce production capacity requires the joint efforts of all enterprises such as Dongfang Hope Cement to explore an effective way to reduce production capacity. As an industry think tank and industry big data platform, China Cement Network will always adhere to the original intention of providing the most comprehensive and authentic data to help the industry understand rationally and make scientific decisions. Also
participating in the exchange were: Li Huiyong, General Manager of Digital Finance Department of Oriental Hope Group; Li Jinmei, Director of Strategic Development; Yang Ge, Director of Digital Supply Chain Department; Chen Yongwei, Secretary of the Chairman, Zheng Jianhui, Chief Analyst of China Cement Research Institute, and Zhou Liqun, Chief Editor of China Cement Network.
