Niu Huiqing, General Manager of Quzhai Group: Cement Enterprises Need to Have Three Advantages

2024-04-24 14:19:27

If there is no aggregate, the profits of the cement industry will shrink further.

On April 24, Niu Huiqing, General Manager of Hebei Quzhai Group Co., Ltd., and his delegation paid a special visit to China Cement Network and were warmly received by Shao Jun, Chairman of China Cement Network. Subsequently, the two sides exchanged views on the current situation of the cement industry, market factors, and the future trend of the cement market.

Niu Huiqing expressed his appreciation for the achievements made by China Cement Network in actively promoting the digital transformation of the building materials industry, and highly affirmed the spirit of research and innovation of China Cement Network.

Niu Huiqing analyzed the current situation of the cement industry, pointing out that although the profit of the cement industry in 2023 is about 32 billion yuan, a large part of it is the profit brought by aggregate, if there is no aggregate, the profit of the cement industry will further shrink.

At the same time, Niu Huiqing pointed out that in order to cope with the changes in the industry situation, cement enterprises need to have at least three advantages: 1. High-quality mine resources; 2. Complete industrial chain, covering all aspects of aggregate, cement, concrete and related products; 3. Perfect market layout.

Shao Jun introduced that in the face of the wave of digital change, China Cement Network took the lead in laying out industrial big data platform, digital factory, digital supply chain and other service systems in the industry, empowering cement building materials and upstream and downstream industry enterprises, and comprehensively promoting the digital transformation of extended industrial chains such as cement and concrete.

Both sides indicated that they would further strengthen communication in the future and actively try to coordinate development in relevant business areas to achieve win-win cooperation.

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Adani is also a big man in the Indian cement industry and is the second largest cement producer in India. He entered the industry in 2022 with the acquisition of Holcim's cement business in India, which acquired about 70 million tons of cement per year for $10.5 billion. Adani plans to expand its annual cement production capacity to 140 million tons by 2028. Adani has previously invested $1.6 billion to acquire Sanchi Cement and Penna Cement, and is expected to acquire an additional 21 million tons of production capacity.