10.11 Cement Morning Post: construction in Yangtze River Delta is busy; Conch has set up private fund; cement demand in Chongqing drops by 20% -30%; cement price in Henan declines

2024-10-11 07:01:19

What is happening in the cement industry?

1、 10.10 Cement Evening News: Busy Project Construction in Yangtze River Delta; Conch Cement Establishes Private Fund

The Yangtze River Delta region actively promotes the construction of major projects to stabilize economic growth. Jiangsu completed 76.6% of the investment in major projects in the province, and Anhui started the fourth batch of major projects, with a total investment of 426.81 billion yuan. Conch Cement participated in the establishment of a private equity fund partnership with a capital contribution of 1 billion yuan, which was executed by Beijing Chengtang Consulting Management Co., Ltd. and its main business was private equity investment and management services.

2、 Local Enterprises: Limited Infrastructure, Real Estate Decline, Chongqing Cement Demand Declines by 20% -30%

Cement market demand in Chongqing has dropped by 20% -30% this year due to limited infrastructure construction and declining real estate investment. Some cement companies can only operate half of their production capacity. Chongqing is listed as a province with high debt, limiting new projects. Data show that the growth rate of fixed assets investment in Chongqing has declined, and real estate investment has also decreased significantly year on year. As a result of reduced demand and market downturn, cement prices continue to fall, and many enterprises operate at a loss. It is expected that the demand for cement will be difficult to recover in the short term.

3、 Cement Net News: Weak decline in cement prices in Henan

Cement prices in Henan showed a weak downward trend. Affected by the slowdown of construction activities and weak terminal demand, the inventory pressure of enterprises has increased. In order to promote sales, the actual transaction price of cement from some major manufacturers in Henan Province has dropped by about 30 yuan/ton after the National Day holiday, and the subsequent price changes need further observation.

4、 Cement Net Monthly Report: Demand Is fatigue, Sand and Stone Prices Continue to Be Weak (9.1-9.30)

5、 Cement Network Video: Control in Many Places! Cement enterprises implement production suspension/restriction!

Recently, Zhengzhou, Hengshui, Shijiazhuang and other places launched a level II emergency response due to heavy pollution weather, including the implementation of industrial enterprises to stop production or limit production, mines and sand and gravel factories to stop open-air operations, as well as steel and cement clinker industry enterprises to adopt new energy or six national standard truck transportation and other control measures. In addition, Harbin launched a three-level (yellow) emergency response for environmental reasons, requiring emission reduction of more than 10% of major pollutants.

6、 Cement net video: Hebei Shijiazhuang area cement prices up 50 yuan/ton!

Cement prices in Shijiazhuang, Hebei, have risen by 50 yuan per ton since October 9, mainly due to the rising cost of coal and the strengthening of environmental control. Although the leading enterprises in Shijiazhuang have promoted the price increase, and the surrounding Xinghan area also has the trend of price increase, the effect of price increase is still unclear due to the weak market demand and the pressure of environmental protection.

7、 Cement Net Report: Overview of the Cement Market in Belarus

After modernization, Belarus's cement production capacity has changed from import to export, with a total capacity of 7.85 million tons, but the capacity utilization rate is maintained at 60% -70%. There are three cement plants in China, with a total output of about 5 million tons, most of which are exported to Russia. Cement prices have fallen due to declining competitiveness and multiple factors. The cement industry made a net loss in 2023 and plans to modernize again in the next five years to reduce costs and improve production efficiency.

8、 Jidong Cement: Announcement on Participating in the Online Collective Reception Day for Investors of Listed Companies in Hebei Jurisdiction in 2024 and the Performance Presentation of the Semi-annual Report in 2024

Tangshan Jidong Cement Co., Ltd. will participate in the online collective reception day and semi-annual report performance presentation for investors of listed companies in Hebei jurisdiction on October 15, 2024. The event will be held online, and investors can participate through the "Panoramic Road Show" website, WeChat public numbers or APPs. Vice Chairman Liu Yu, Director Ren Qianjin and Chief Financial Officer Yang Beifang will attend the meeting to communicate with investors on the company's performance and other issues.

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Correlation

尽管在需求旺盛时期,过多的产能大部分可以被吸收,但近年来我们看到需求低迷造成全球产能过剩,特别是在中国、欧洲、东地中海和中东地区。

2018-05-14 11:08:58

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.