of June 28, Jinyu Group announced the record of investor relations activities.
Q: What is the company's recent cement sales volume?
Answer: Influenced by factors such as weather and examination, the average daily sales volume in June decreased by about 280,000 tons. From past experience, it is a normal performance.
Ask: What is the pulling effect of 1 trillion special treasury bonds on Beijing-Tianjin-Hebei regional infrastructure? Does the company benefit from it?
A: Last year, China issued an additional 1 trillion yuan of treasury bonds to support post-disaster recovery and reconstruction in North China, with the Beijing-Tianjin-Hebei region as the focus, and to enhance disaster prevention, mitigation and relief capabilities. By the end of May, more than 70% of the 15000 projects had been launched. In particular, the overall progress of post-disaster recovery and reconstruction projects has been relatively rapid, with the construction rate of projects in eight provinces and cities in North China, with Beijing, Tianjin and Hebei as the focus, reaching about 80%. A number of projects closely related to people's well-being, such as education, hospitals, roads and water supply, have been basically completed and can be put into use before the flood season.
Q: What is the market share of the cement business in the Beijing-Tianjin-Hebei region?
Answer: Beijing-Tianjin-Hebei is the core area of the company's cement business, and the company's share is generally around 50%, with a slight increase in 2023.
Ask: Where do you think the future of cement lies?
Answer: The key lies in the supply side. In the long run, it depends on the strength of the structural reform on the supply side. In the short term, it depends on the maintenance of the industry ecology.
