Shao Jun, Chairman of China Cement Network, and His Delegation Visited Fujian Chunchi Group

2024-03-01 13:18:23

Qiu Jinghe pointed out that in recent years, cement sales in Fujian Province have basically stabilized at a scale of 100 million tons, but affected by the adjustment of the real estate market, cement sales in Fujian Province declined significantly last year, with a decrease of about 30 million tons, of which Chunchi Group's cement clinker sales were about 2.4 million tons.

On February 29, Chairman Shao Jun of China Cement Network and his delegation visited Fujian Chunchi Group (hereinafter referred to as "Chunchi Group") and were warmly received by Chairman Qiu Jinghe and Vice General Manager Lei Qinghua of Chunchi Group. The two sides had in-depth exchanges on the operation of Fujian cement market and the future development trend of the cement industry.

In recent years, cement sales in Fujian Province have basically stabilized at a scale of 100 million tons, but due to the adjustment of the real estate market, cement sales in Fujian Province declined significantly last year, with a decrease of about 30 million tons. Qiu Jinghe, chairman of

Fujian Chunchi Group,

is facing a severe market environment, and the competition in Fujian cement market is white-hot. Lack of trust among enterprises, general lack of confidence in market prospects, price war smoke everywhere, so many enterprises suffer serious losses. As a responsible and responsible enterprise, Chunchi Group still insists on reasonable pricing, does not participate in vicious price war and does not disrupt the market order, despite the damage to sales.

"Fish and bear's paw can not be both", in the shrinking market demand environment, sales and profits are difficult to maximize at the same time. Although the benefits of the cement industry are not as good as before, compared with other industries, the performance of the cement industry is still remarkable. Therefore, in the case of limited "bread", it is more necessary for enterprises to establish the concept of giving priority to the interests of the industry to ensure their sustainable operation and reasonable profit margin. During the

talks, both sides indicated that they would further strengthen information sharing and cooperation exchanges between the two sides, jointly explore effective ways to overcome market fluctuations in the cement industry, and help the cement industry out of the predicament to achieve green and high-quality development.

At present, the cement industry has serious overcapacity, the impact of peak staggering production on the supply side has declined significantly, the "competition and cooperation relationship" formed over the years has broken down, and the pressure of industry operation has doubled. How should the cement industry get out of the predicament and face the new cycle? On March 28-29, China Cement Network will hold the "13th China Cement Industry Summit and TOP100 Award Ceremony" in Hangzhou, during which awards will be given to top 100 cement and supplier enterprises, and experts and scholars will be invited. China Railway and other construction units jointly discuss the new development trend of the cement industry in the future, and work together to create the future!

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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.