Recently, Conch Cement held its 2023 annual performance conference. Yang Jun, chairman
of Conch Group, said that in the past few years, Conch Cement has focused on promoting the development of upstream and downstream industrial chains and integrated operation on the basis of continuously consolidating the development of the main cement industry, and has achieved remarkable results at this stage.
The company's aggregate production capacity has ranked among the top in China, and the aggregate sales and profits in 2023 have more than doubled year-on-year, which has become a new profit growth point. The sales volume and benefits of the commercial mixing industry have increased steadily, and a strong industrial synergy advantage has been formed with the cement and aggregate industries, and the indirect benefit contribution has been continuously improved.
It is understood that since 2021, Conch has accelerated the layout and investment in green building materials industrial park projects, with an investment of less than one billion yuan and tens of billions of yuan. From the project point of view, although cement business is still the main business, it also involves high-quality aggregates, high-performance concrete, assembly components, terminal logistics and transportation industries.
Table: Conch has planned some industrial park projects
in the past three years Source: Cement Big Data Research Institute
For the 2024 plan, Conch Cement said it would insist on effective investment, continue to strengthen the main cement industry and upstream and downstream industrial chains, and foster high-quality development momentum.
Grasp the opportunity to deeply reshape the market structure, actively seek high-quality M & a targets, further improve the cement market and production capacity layout, and enhance market competitiveness and control.
We will make every effort to promote the expansion of aggregate industry and the development of production capacity, unswervingly promote the layout of commercial and mixed industries, and create new profit growth points.
The industry said that the construction of building materials industrial parks and the extension of the industrial chain are conducive to the comprehensive utilization of resources and the increase of added value of products, thus speeding up the transformation and upgrading of the company and consolidating the profit base.
Cement industry has serious overcapacity, the impact of peak staggering production on the supply side has declined significantly, the "competition and cooperation relationship" formed over the years has broken down, and the pressure of industry operation has doubled. On March 28-29, China Cement Network will hold the " 13th China Cement Industry Summit and TOP100 Award Ceremony " in Hangzhou, during which the top 100 cement and supplier enterprises will be awarded. At the same time, we invite experts and scholars, China Railway and other construction units to discuss the new development trend of the cement industry in the future, cohesion and create the future together!
