10.6 Cement Morning Post: CNBM Signs Strategic Agreement with Dangote; Sinoma Group Cooperates with Dangote; On-the-spot Report on Transformation and Development of Gansu Jiantou

2024-10-06 07:01:07

What is happening in the cement industry?

1、 China National Building Material Group Signs Comprehensive Strategic Cooperation Agreement with Dangote Group

China Building Materials Group and Dangote Group signed a comprehensive strategic cooperation agreement in Nigeria, reaching a cooperation quota of more than 5 billion US dollars. Based on the 16-year history of cooperation between the two sides, the cooperation aims to jointly participate in the infrastructure construction of Nigeria's new energy free trade zone, promote the application of new energy technologies, integrate the technology and market resources of both sides, carry out in-depth cooperation in the production of building materials and the development of new energy projects, and promote industrial modernization and sustainable economic development in Africa.

2、 10.5 Cement Evening News: Strategic Cooperation between Sinoma Group and Dangote; China's Assets Soar and New Trends of Foreign Capital

China National Building Material Group and Dangote Group signed a comprehensive strategic cooperation agreement in Nigeria, which will jointly participate in the infrastructure construction of the local new energy free trade zone, promote new energy technologies, and deepen cooperation in the production of building materials and the development of new energy projects. At the same time, Chinese assets have performed strongly in overseas markets, especially the sharp rise of Chinese stocks in the US stock market. Foreign interest in Chinese enterprises has increased, and institutions such as JPMorgan Chase have increased their holdings of Chinese enterprises listed in Hong Kong.

3、 Construction Investment in Gansu Province: [Grow Together with the People's Republic of China] Take a New Road of Transformation and Development, Take Advantage of the Situation and Compose a New Chapter — — On-the-spot Report on the Transformation and Development of Gansu Jiantou Science and Industry Company

Gansu Construction and Investment Science and Technology Company adheres to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, carries out transformation and upgrading around the concept of "strong leader, extension chain, cluster", mainly engages in steel structure business and continuously expands the auxiliary sector. The company has achieved rapid growth, with an average annual growth rate of more than 40%, enriching the technical system and improving the level of information management. At the same time, the company actively fulfills its social responsibility and participates in anti-epidemic and disaster relief work, reflecting the responsibility of state-owned enterprises. Science and technology companies, which have won many awards, have demonstrated the spirit of state-owned enterprises, continued to promote high-quality development and contributed to the national economy.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.