Recently, Huaxin Cement formulated and announced the action plan of "improving quality, increasing efficiency and emphasizing returns" in 2024, from eight aspects of integration, overseas, green low-carbon, cost, digitalization, investor communication, shareholder returns and information disclo sure. Focusing on the goal of "creating a world-class multinational enterprise", we will continue to promote the company's high-quality development.
Huaxin Cement pointed out that 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 should accelerate the green, intelligent and internationalized 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, Huaxin Cement will further improve the governance and operation mechanism of listed companies, strengthen communication with investors, actively return shareholders, and continue to promote the company's high-quality development.
The specific work measures are as follows:
1. Integrated development, improve operating efficiency
, continue to promote the integration strategy, and promote the integrated development of cement-based aggregate, concrete and other industrial chains. In terms of cement business, we adhere to the concept of "profit is the goal, price (income) is the foundation", and strive 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 terms of concrete business, through the strategic layout of investing in the construction of concrete mixing stations around the existing cement clinker production lines, we will gradually realize the vertical integration strategy and enhance the influence of concrete business in the core cement market; The Company continued to promote and implement the concrete digitalization project, designed and developed the regional operation and control system together with the Digital Innovation Center of the Company to achieve centralized production, scheduling and management of business; further improved the supply guarantee mechanism of self-owned aggregates and cement along the river, and increased the proportion of self-owned aggregates and cement; and further optimized the procurement management system and process based on the characteristics of concrete to improve the procurement efficiency.
Since the company's first overseas factory was put into operation in Tajikistan in 2013, the
2、 has created excellent overseas investment performance and effectively realized asset appreciation. In 2024, on the one hand, through its own core advantages (equipment engineering, maintenance, operation and maintenance capabilities), the company will rectify the acquired factories, improve industrial efficiency, implement the company's management model, reduce costs and achieve value-added mergers and acquisitions. 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、 Continuous scientific and technological innovation, in-depth promotion of green low-carbon development
The Company adheres to the corporate mission of "cleaning our living environment and providing trusted building materials", establishes the development concept of green low-carbon building materials throughout the life cycle, and takes building a pioneer in low-carbon sustainable development industry with leading income indicators as the company's strategic goal. By using a large number of alternative raw materials and fuels, implementing green mines, upgrading the intelligent level of industrial systems, and carrying out pilot projects of heat cogeneration and carbon reduction in cement-aggregate-wall materials integration 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、 to further reduce energy consumption and procurement costs of raw materials and fuels, and enhance overall cost competitiveness
In 2024, the Company will continue to promote energy conservation, carbon reduction, consumption reduction and cost reduction, and increase the use of alternative fuels. 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、 In
2024, the company will continue to implement the strategy of "traditional industry + digital innovation", continue to give full play to the advantages of independent research and development and independent control on the basis of industry-leading digital ecology, and enable the transformation and upgrading of core business. We will continue to promote the intelligent system of low-carbon cement manufacturing, improve the production and operation efficiency of factories when a large number of alternative fuels are used, ensure the long-term stable operation of kiln and mill intelligent control systems, and build more national and provincial pilot demonstration factories. 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、 to strengthen investor communication and actively deliver corporate value
2024 & nbsp; In 2020, the Company will continue to strengthen investor relations management, actively strengthen communication with investors through performance presentation, investor communication meeting, roadshow and other means, enhance investors' understanding of the Company, and actively deliver the Company's value; The Company continued to strengthen the two-way communication mechanism between the Company and the capital market, attached importance to the performance of the capital market and the feedback of investors, and improved the quality of investor services and communication. The Company also strengthened communication with sell-side institutions such as industry analysts, expanded the coverage of the Company's stock research, and raised the attention of the Company's stock market.
The 7、 attaches great importance to shareholder returns and shares its development dividends
with shareholders. Based on its confidence in the Company's future development prospects and recognition of its value, in 2024, the management of the Company will continue to purchase the Company's shares through the secondary market and hold them for a long time. In order to safeguard the interests of investors, enhance their 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、 to improve information disclosure and enhance corporate transparency
The Company will continue to adhere to the disclosure principles of "truthfulness, accuracy, completeness, timeliness and fairness", and comply with the disclosure obligations. 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 responsibility of corporate citizenship, continuously improve the quality of sustainable development and ESG reporting, and actively respond to the concerns of stakeholders, including investors, about the company's sustainable development.
