11.18 Cement Morning Post: Tapai Group 2024.11.15 Investor Relations; Lei Zhenbin Guizhou Supervision Annual Target

2024-11-18 07:01:10

What is happening in the cement industry?

1、 Tapai Group: Record of Investor Relations Activities on November 15, 2024

On November 15, 2024, the investor relations activities of Tapai Group involved the research of specific objects. The key contents include: the Company has sufficient limestone reserves, and the self-owned rate can reach 100%; the shareholders' return plan for the next three years determines the proportion of cash dividends, and the Company has sufficient funds and the ability to distribute dividends; the cement price in the eastern Guangdong market has been pushed up for the first time recently; the Company insists on strengthening the main business of cement, and does not exclude mergers and reorganizations; In the future, the capital expenditure will be 200-400 million yuan per year, which will be used to improve the quality and efficiency of technology, environmental protection, safety and other projects.

2、 45 days after the decisive battle, Lei Zhenbin went to Guizhou to supervise the annual target task.

On November 12-14, Lei Zhenbin, Secretary of the Party Committee of Yufeng Group, went to Guizhou to supervise the annual target task for 45 days. During this period, he visited Liang Heng of Tianshan Cement in Guizhou to discuss the sprint task and next year's plan, and visited Su Jianhua of Guizhou Branch of Bank of China to discuss financing. At the economic operation analysis meeting to listen to the work of Guizhou subsidiaries, Lei Zhenbin affirmed the results of October and put forward the requirements: firm confidence to sprint goals, multi-dimensional measures to improve business performance, build a strong security line to escort sprint, scientific planning to do a good job in budget management, accompanied by Yufeng Group Office and other departments.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.