Zhao Xinjun, President of Tianshan Stock Co., Ltd.: The inclusion of carbon indicators in carbon trading is conducive to improving the value and efficiency of the cement industry

2024-04-18 11:11:03

He said that the incorporation of carbon indicators into carbon trading and the promotion of supply-side structural reform through carbon emission reduction are conducive to the improvement of industry value and efficiency. In the medium term, the demand for cement will continue to decline, and the promotion of carbon trading is expected to accelerate the clearance of rich production capacity in the long run.

On April 16, Shenzhen Stock Exchange held a collective performance presentation on the theme of "building a strong foundation for central enterprises" in the listing hall, with 11 listed companies under China Building Materials Group participating in face-to-face communication with investors through "online + offline".

"The incorporation of the cement industry into the national carbon trading market will have a significant impact on cement enterprises in terms of production and operation, data control and transaction costs." Talking about the impact of the cement industry to be incorporated into the national carbon trading market on the industry, Zhao Xinjun, president of Tianshan Stock Company, spoke frankly. He said that the incorporation of carbon indicators into carbon trading and the promotion of supply-side structural reform through carbon emission reduction are conducive to the improvement of industry value and efficiency. In the medium term, the demand for cement will continue to decline, and the promotion of carbon trading is expected to accelerate the clearance of rich production capacity in the long run.

According to Zhao Xinjun, Tianshan shares attach great importance to the work related to "double carbon" and have made various preparations.

First, we should do a good job in carbon reduction and carbon management deployment, raise awareness of carbon reduction, and do a good job in carbon reduction action.

The second is to improve the organizational structure, establish a dual-carbon management department, establish a headquarters and regional dual-carbon management structure, and strengthen the system construction, mainly including carbon trading management system, data management system and carbon emission reduction project management system.

The third is to formulate and implement the Implementation Plan of Carbon Neutralization Work for Carbon Peak, and to plan the systematic ideas and work of carbon reduction at the source, carbon reduction in the process, carbon sequestration at the end and carbon management in the whole process.

Fourth, actively participate in the policy research on the incorporation of cement industry into the national carbon trading market, explore the informatization and digitalization of carbon management, and actively carry out the popularization and application of online monitoring technology.

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Correlation

On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.