Recently, Jidong Cement released a record of investor relations activities, introducing the recent situation of the company's cement business.
Jidong Cement said that in the first quarter of 2024, the total sales of cement and clinker are expected to be about 12 million tons, but it is incomparable with the same period last year. The company's main production capacity in the northern region, the first quarter is the traditional off-season, the current sales situation is in line with expectations. According to the forecast of the overall work in 2024, the sales volume is expected to be slightly lower than the actual sales volume in 2023. In terms of
cement sales price, from January to February this year, the cement price as a whole showed a trend of stability in the north and decline in the south. The price in the north was basically stable in the off-season of demand and off-peak production period, while the price in the south was still declining due to intensified market competition. The company's cement sales in January-February were flat compared with December last year. In March, prices in Beijing-Tianjin-Hebei, Shaanxi and Northeast China rose steadily and achieved initial results, and the overall average price of the company increased annually. In 2024, under the good development of the industry ecology, we will strive to raise the price in the window period of the traditional peak season of cement in combination with the changes in the supply and demand situation at various stages. The state has introduced a special treasury bond policy for post-disaster reconstruction, which basically covers the Beijing-Tianjin-Hebei region and Northeast China, and belongs to the core scope of the company's sales. The support of treasury bonds for the follow-up demand for cement is better than that of other regions. In addition, the construction of Xiongan New Area is also in full swing, and the amount of investment may double compared with the same period last year. These aspects have formed a certain window period, so it is expected that the price will be pushed up during the traditional peak season, and the overall price will be better than the same period last year. Has the 1 trillion special treasury bonds issued by the
government to support the recovery and reconstruction of flood-stricken areas in 2023 been implemented at the local level, and what is the bidding situation of the company? Jidong Cement said that the trillion additional treasury bond funds have been basically implemented to 15000 specific projects, more than half of which are used for flood control and drainage and other related water conservancy facilities, and more than 200 billion yuan for post-disaster reconstruction in Beijing and Tianjin. According to the current situation, the construction of relevant projects is progressing in an orderly manner. The construction rate of post-disaster reconstruction projects in Beijing and Hebei Province has been more than half. All projects will be started in the first half of this year, forming more physical workload in the year. At present, the share of post-disaster reconstruction market companies in Beijing, Baoding and other places is more than 70%.
