Weekly Report of Cement Network: Major enterprises in Lanbai and surrounding areas of Northwest Gansu, Guanzhong of Shaanxi and Yili of Xinjiang notified to raise cement prices by 20-30 yuan/ton (5.6-5.11)

2024-05-11 16:37:22

According to the cement market data center,

According to the cement network market data center news, around May 1, major enterprises in Gansu Lanbai and its surrounding areas, Shaanxi Guanzhong and Xinjiang Yili notified an increase in cement prices ranging from 20-30 yuan/ton, and the actual implementation needs to be followed up.

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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.