Recently, < a href = "https://price.ccement.com/brandnewslist-1-1000035.
" The following is the full text of the announcement:
The board of directors and all directors of the Company warrant that the contents of this announcement do not contain any false information. Misleading statements or material omissions, and assume individual and joint liabilities for the authenticity, accuracy and completeness of their contents.
In order to thoroughly implement the spirit of the Central Economic Work Conference and the Central Financial Work Conference, respond to the Shanghai Stock Exchange's "Initiative on Developing the Special Action of Shanghai Stock Exchange Companies to Improve Quality, Increase Efficiency and Return", practice the development concept of "investor-centered", safeguard the interests of all shareholders of the company, and further improve the quality of listed companies. In order to continuously optimize the company's operation, standardize governance, strengthen market competitiveness, actively return investors and establish a good image of the capital market, the company has formulated the action plan of "improving quality and efficiency and emphasizing returns" in 2024. The details are as follows:
I. General Work Ideas
In 2024, in the face of the unfavorable situation that the domestic demand for cement, aggregate, concrete and other building materials continues to decline and the price competition becomes more intense, the company will focus on the goal of "creating a world-class multinational enterprise". Through the solid promotion of the four strategies of "integrated transformation and development, overseas development, new building materials business expansion, traditional industry + digital innovation", we will accelerate the green, intelligent and international transformation, break through the wind and waves, and change the situation. In the domestic market, greater efforts will be made to develop the market, reduce costs and increase efficiency, and strive to achieve stable market, stable operation and stable performance. In the overseas market, while doing a good job in production and operation and making every effort to improve performance, we will actively forge ahead and further expand the scale of production capacity. At the same time, the company will further improve the operation mechanism of corporate governance of listed companies, strengthen communication with investors, actively return shareholders, and continue to promote the company's high-quality development.
Main work measures
1. In terms of cement business, the Company adhered to the concept of "profit is the goal, price (income) is the foundation", and strived to achieve positive growth in operating income, EBITDA and operating cash flow. In terms of aggregate business, the Company will actively seize the market opportunity window, fully realize the production capacity, increase the production and sales volume to a new level, continuously improve the cost competitiveness, comprehensively optimize the cost management, strengthen the quality control of aggregate products, and effectively improve the product quality. In the concrete business, the current cement < a href = "https://price.ccement.com/Price_list-1-s0-e0-p0-c0-k100059-b0.2.2024
Year" On the one hand, the company rectifies the acquired factories through its own core superior resources (equipment engineering, maintenance, operation and maintenance capabilities), improves industrial efficiency, implements the company's management model, reduces costs and achieves value-added M & A. On the other hand, we should give full play to the advantages of overseas pioneers and good market reputation, promote the progress of overseas projects, and realize the re-expansion of territory and the re-growth of performance.
3. Through the extensive use of alternative raw materials and fuels, the implementation of green mines, the improvement of the intelligent level of industrial systems, and the development of cement-aggregate-wall materials and other integrated projects, the company has laid out carbon reduction practices in advance, thus forming a competitive advantage of green and low-carbon development. In
2024, the Company will accelerate the development of energy saving, carbon reduction and ultra-low emission projects, optimize the thermal efficiency and improve the dust collection efficiency in combination with the new production situation, further improve the energy efficiency level, and consolidate the leading level of the Company in the green and low-carbon development of the cement industry.
4. Adhere to the coal procurement strategy of high frequency, small quantity and low inventory, accurately and effectively grasp the rhythm of coal procurement, and effectively balance the contradiction between low inventory and guaranteed supply. In terms of raw materials, the purchase of active admixtures such as granulated slag should be strengthened to help reduce the consumption coefficient of clinker. We will continue to negotiate the price reduction of spare parts for unified purchase to minimize the cost of spare parts procurement.
5. Continue to promote the intelligent system of low-carbon cement manufacturing, improve the production and operation efficiency of the plant when a large number of alternative fuels are used, ensure the long-term stable operation of the kiln and mill intelligent control system, and build more national and provincial pilot demonstration plants. We will further promote HIAC and HOPE in overseas factories, pilot overseas approval systems, and establish a replicable and easy-to-promote digital system for production, operation and management. We will continue to build a new digital base in Xinyang, focusing on supporting the intelligent construction of 100 million tons of sand, and gradually realize the leap-forward development from a single intelligent factory to a cluster intelligent factory. By building a collaborative open platform, we will jointly promote the digital construction of the concrete industry and achieve the coordinated and high-quality development of the industrial chain. 6.7
. In order to safeguard the interests of investors, enhance investors' investment confidence in the Company, and further establish and improve the Company's long-term incentive mechanism to promote the healthy and sustainable development of the Company, the Company continued to implement the employee stock ownership plan and cash dividends.
The company attaches great importance to shareholder returns, and has maintained a profit dividend ratio of about 40% for many years, taking into account the company's future development. In 2024, on the premise of maintaining the healthy operation of the enterprise, the company will strive to provide investors with sustained and stable dividends, achieve mutual benefit and win-win between the company and investors, and promote the company's high-quality development and investment value.
8. In 2024, the Company will strictly implement the new regulatory rules on information disclosure, carry out the work related to information disclosure with high quality based on the needs of investors, continue to optimize the information disclosure system and process, improve the information communication and reporting mechanism of material matters, and do a good job in the management of inside information to ensure that information disclosure is in compliance with the law; Explore diversified forms of information disclosure to improve the effectiveness and readability of information disclosure; uphold the concept of sustainable development and ESG governance, actively fulfill the responsibilities of corporate citizens, continuously improve the quality of sustainable development and ESG reports, and actively respond to the concerns of stakeholders including investors about the sustainable development of the company.
Other explanation
This action plan is a plan based on the current actual situation of the Company and does not constitute a performance commitment. In the future, it may be affected by factors such as macroeconomic policy adjustment and industry competition, and there are certain uncertainties. This action plan shall be submitted to the board of directors of the company for consideration and approval before implementation.
Hereby announce.
