Shangfeng Cement intends to continue to use no more than 1.1 billion yuan of funds for moderate securities investment.

2025-02-20 10:32:57

Shangfeng Cement (000672) announced in the evening of February 19 that the company's securities investment period will expire in 2024. Without affecting the normal operation and risk control, the company intends to continue to use its own idle funds not exceeding 1.1 billion yuan for moderate securities investment, and the funds can be used on a rolling basis within the limit.

Shangfeng Cement (000672) announced in the evening of February 19 that the company's securities investment period in 2024 is about to expire, and the company intends to continue to use its own idle funds not exceeding 1.1 billion yuan for moderate securities investment without affecting the normal operation and risk control. Within this limit, the funds can be used on a rolling basis.

Correlation

In response to investors'questions on the interactive platform on April 10, Evergreen said that the company actively implemented the national carbon trading work programme, and that the company was at a good level in energy saving and carbon reduction, which would not have a significant impact on the company's production and operation in the short term; The impact on the cement industry, with the gradual tightening of carbon emission quotas, will help to control cement production, thereby improving the relationship between supply and demand, and help to maintain cement prices in the long run.