1、 Cement Net News: Cement Prices in Many Places in Sichuan Will Be Raised Soon
Cement prices in many places in Sichuan are about to rise, mainly due to the reduction of enterprise inventory caused by off-peak shutdown and the driving effect of price increase in Chongqing. Cement enterprises in Chengdu, Deyang, Mianyang, Leshan and Ya'an plan to raise their prices by about 40 yuan/ton on September 6. However, the region is still affected by high temperature, the market demand is not strong, and the actual effect of price changes needs further observation.
Market analysts expect cement demand and prices to rebound in the second half of the year due to involution competition caused by declining demand in cement enterprises, and the industry calls for strengthening self-discipline. Zhongqi New Material has transformed from artificial quartz stone to silicon crystal new material to reduce its dependence on real estate. The rebound of the real estate sector has led to the rise of building materials ETF, and investors can participate through linked funds. Yudu County, Jiangxi Province, promotes the ecological restoration of mining industry and achieves a double harvest of economy and ecology. Huaxin Cement's share price rebounded, executives increased their holdings and institutions were optimistic about its growth.
3、 Yang Jun, Party Secretary and Chairman of Conch Group, led a team to visit Shanghai Electric Group
Yang Jun, Party Secretary and Chairman of Conch Group, visited Shanghai Electric Group, held talks and exchanges with Wu Lei, Party Secretary and Chairman of Conch Group, and discussed strengthening cooperation between the two sides. Conch Group has proposed a new model to promote the high-quality development of "one base and five industries", while Shanghai Electric is committed to green and low-carbon transformation. The two groups hope to expand cooperation in new energy, new materials and other fields, and jointly promote a comprehensive green transformation of the economy and society. During the visit, Yang Jun's team also visited the Shanghai Electric Exhibition Hall.
4、 China Resources Building Material Technology: 2024 Interim Report
China Resources Building Material Technology Holdings Limited is a company incorporated in the Cayman Islands with limited liability and is principally engaged in the cement and concrete business of China Resources Group. The Company's main products include cement, clinker, concrete and aggregates. In the first half of 2024, the turnover of the Company was RMB10,311.7 million, representing a decrease of 13.9% as compared with the same period of last year. Net profit for the period was RMB135.2 million, representing a decrease of 70.2%. The company accelerates the construction of aggregate projects, optimizes business structure, enhances core competitiveness, promotes green innovation and development, and actively achieves the goal of carbon neutrality.
Adhering to the concept of green development, Xintai Zhonglian has built green factories, promoted green transformation and won many green honors. Implementation of greening and beautification, expansion of infrastructure, construction of green mines, reclamation and greening, planting crops and raising poultry. Promote energy-saving technology and equipment, control environmental pollution and optimize the use of resources. At the same time, we should support local water conservancy construction and show social responsibility. It is committed to scientific and technological innovation and intelligent manufacturing, developing clean energy, and continuously improving the level of green and low-carbon development.
6、 Fujian Mining Rights Transfer Income Market Benchmark Price Announced
Fujian Provincial Natural Resources Department issued a new "Fujian Mining Rights Transfer Income Market Benchmark Price", updated the benchmark price of some minerals, and added the benchmark price of sea sand for backfilling. Among them, 30 minerals maintain the rate of return levy without the benchmark ore price, while 13 minerals determine the transfer base price according to the market benchmark price or evaluation price. This revision is to adapt to market changes and ensure the rationality of the benchmark price. The benchmark price of the transfer of exploration right is determined according to the degree of geological exploration, and the formula for calculating the income of the mining right without publishing the benchmark price of unit recoverable reserves is also clearly stipulated.
Jilin Yatai (Group) Co., Ltd. will hold the fifth provisional shareholders'meeting on September 13, 2024. The agenda of the meeting includes the consideration of a number of guarantee proposals. The proposal involves the provision of guarantees for comprehensive credit and loans applied by its subsidiaries in different banks, including the guarantees of Yatai Mingcheng Cement, Yatai Supermarket, Yatai Cement, Pharmacy Pharmaceutical and other companies, as well as the guarantee proposals related to relat ed party transactions. The meeting will also announce the shareholders'speeches and voting results and close the meeting.
8、 The Power of Example? Yan Bingjian of Ruoqiang Tianshan Cement Company: Work Hard and Strive for Ordinary Posts to Show the Original Aspiration
Yan Bingjian, as the cement mill team leader of Ruoqiang Tianshan Cement Company, strictly fulfilled his safety responsibilities, improved production efficiency, actively carried out technological transformation and innovation, optimized the production process, reduced power consumption and increased output. At the same time, he also devotes himself to beautifying the environment and creating a harmonious working atmosphere. As a Party member, he shows extraordinary value in ordinary posts, reflecting the responsibility and responsibility of the Communist Party members.
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