Decisive battle in the fourth quarter! Tianshan Materials Holds Mobilization Meeting

2024-09-24 10:59:20

Faced with the current difficult situation faced by the basic building materials industry and the foreseeable development trend in the future, Liu Yan pointed out that the company should not only base itself on the present, withstand the pressure, reverse the target and sprint with all its strength, but also adhere to the concept of system, do a good job in strategic planning, reform and innovation, especially in upgrading the three modernizations and talent team construction, so as to lay a solid foundation for the development of the next ten years or even longer.

On September 19, Tianshan Materials held a mobilization meeting for the fourth quarter of the 2024 decisive battle in Shanghai. Wei Rushan, Standing Committee and Deputy General Manager of the Party Committee of China Building Material Group, Deputy Secretary and President of the Party Committee of China Building Material Co., Ltd., attended the meeting and made a speech. Zhao Xinjun, member of the Standing Committee of the Party Committee of China National Building Material Co., Ltd., Secretary and President of the Party Committee of Tianshan Material Co., Ltd., made a mobilization report. The meeting was chaired by Liu Yan, Deputy Secretary of the Party Committee of China Building Materials Co., Ltd. and Chairman of Tianshan Materials. From January to August

2024, affected by multiple factors such as the slowdown of national macroeconomic growth, the deep adjustment of real estate and the slowdown of capital construction, the company's operation was under deep pressure, and the three main businesses were facing an unprecedented severe and complex situation.

Faced with difficulties and challenges, Tianshan Materials, under the strong leadership of the Group Company and the Joint Stock Company, actively responds to changes, around the "3633" action plan, pays close attention to the ecological construction of the industry externally, deepens the three fine management internally, deeply taps potential, reduces costs and increases efficiency, and comprehensively promotes optimization and upgrading, reform and innovation, business integration and Party building. Great progress has been made in all aspects of work, especially in the significant reduction of costs, the obvious optimization of commercial aggregates, the continuous breakthrough of innovation and transformation, and the solid and orderly discipline inspection of Party building, but the business performance is still worse than budget and lower than expected. In his

speech, Wei Rushan affirmed the efforts and achievements made by Tianshan Materials since this year.

Regarding the current situation, Wei Rushan pointed out that the recent arrangements and deployments at the national level to strengthen industry self-discipline, prevent "involution" vicious competition, normalize peak staggering production, strengthen the mechanism of market survival of the fittest, and smooth the exit channels of backward and inefficient production capacity have boosted the confidence and determination of the building materials industry. Major enterprises in the industry have also reached a deep consensus on building a healthy industry ecology.

With regard to the next step, Wei Rushan put forward three requirements:

First, we should strengthen our confidence, keep a close eye on the budget, face the challenges directly, and fight hard for steady growth, especially to ensure the completion of the goal and strive to achieve the goal;

Second, we should focus on both internal and external training, and make every effort to stabilize prices, ensure quantity, reduce costs and increase profits. We should not only do a good job in the ecological construction of the industry, comprehensively improve the profitability of enterprises, but also work hard to improve the management level of enterprises;

Third, we should seek long-term transformation and upgrading, make breakthroughs in the three major transformations of "cement +, internationalization, double carbon" and "high-end, intelligent, green" upgrading, and strive to create a new situation of high-quality development.

Liu Yan presided over the meeting

. In her speech, Liu Yan affirmed the work carried out by the company in the previous stage.

Faced with the current difficult situation and the foreseeable development trend of the basic building materials industry in the future, Liu Yan pointed out that the company should not only base itself on the present situation, withstand pressure, reverse goals and make full efforts to sprint, but also adhere to the concept of system, do a good job in strategic planning, reform and innovation, especially in upgrading the three modernizations and talent team construction. To lay a solid foundation for the development of the next ten years or even longer.

Zhao Xinjun made a mobilization report

. Zhao Xinjun put forward three requirements in the mobilization report: First, we should strengthen our confidence, inspire our spirit , actively reverse the current unfavorable situation, and put an end to the mentality of "depending on others" in the face of the severe and complex situation. Study again, compare again, and implement the spirit of "no three, no four, no five", and make every effort to maintain the healthy ecology of the industry.

Secondly, we should clarify the objectives, anchor the tasks , and firmly reverse the progress of the decisive battle. The three main industries of cement, commercial mixing and aggregate should go hand in hand, and launch a sprint to the goal on the basis of ensuring the assessment objectives.

Third, we should focus on key points, base ourselves on practical results , strive to fight the closing battle of the whole year, make overall plans and make efforts in the same direction in terms of hard training of internal skills, firmly grasping the market, upholding integrity and innovation, and make concerted efforts to contribute to the realization of the annual work objectives.

At the meeting, the regional companies made statements around the realization of the annual target. Wang Lei, Secretary of the Party Committee and President of Northern Cement, exchanged his experience in ecological construction of the industry. Leaders of relevant departments of

China Building Materials Co., Ltd., leading groups, senior executives and department heads of Tianshan Material Headquarters, leading groups of 17 regional companies and 2 directly affiliated units participated in the meeting through on-site or video.

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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.