Growth Driven by Dual Engines of Main Business and New Quality Business of Shangfeng Cement in the First Three Quarters

2025-10-29 09:25:13

In the first three quarters of this year, the main business of Shangfeng Cement continued to maintain efficiency leadership and performance growth, and the new quality investment business achieved more remarkable results. Under the two-wheel drive, the company realized a net profit of 528 million yuan attributable to shareholders of listed companies, an increase of 30.56% over the same period last year. The cost control of the main business continued to optimize, the gross interest rate maintained the leading position in the industry, and the comprehensive competitiveness showed strong resilience; Investment business net profit contribution of more than 30%, especially 20 semiconductor equity investment projects from upstream materials, design to downstream advanced packaging, almost covering the main key areas of the semiconductor ecological chain, including Changxin Storage, Shenghe Crystal Micro and so on.

In the first three quarters of

this year, the main business of Shangfeng Cement continued to maintain efficiency leadership and performance growth, and the new quality investment business achieved more remarkable results. Under the two-wheel drive, the company realized a net profit of 528 million yuan attributable to shareholders of listed companies, an increase of 30.56% over the same period last year. The cost control of the main business continued to optimize, the gross interest rate maintained the leading position in the industry, and the comprehensive competitiveness showed strong resilience; Investment business net profit contribution of more than 30%, especially 20 semiconductor equity investment projects from upstream materials, design to downstream advanced packaging, almost covering the main key areas of the semiconductor ecological chain, including Changxin Storage, Shenghe Crystal Micro and other listed capital markets, Xinhua Semiconductor, new sharp optical mask and other development momentum. It also continues to consolidate the resource base for the company's second growth curve business cultivation.

In the first three quarters, the demand of cement industry declined year on year. The sales volume of main products of Shangfeng Cement decreased slightly by 6.21%, the average price of clinker increased by 1.14%, and the average selling price of cement products decreased by 3.5%. However, the Company focused on cost reduction, cost control and efficiency enhancement, and the controllable cost continued to decline. In the first three quarters, the Company achieved a comprehensive gross profit margin of 29.86%, maintaining the leading level in the industry. The Company's net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB495 million, representing a year-on-year increase of 35.34%, and the net operating cash flow was RMB755 million, representing a year-on-year increase of 2.34%. The results of various operating indicators reflected the solid competitiveness and performance resilience of Shangfeng. The equity investment business, one of the "two rounds" of the

company's strategic planning, has formed a certain scale foundation and influence. Among them, Hefei Jinghe has been listed, Onruiwei has been submitted for registration, Shanghai Super Silicon Science and Technology Innovation Board has been accepted, Zhongrun Solar Energy has been accepted to apply for listing in Hong Kong, Quzhou Development (600208) has announced that it intends to merge and acquire Pilot Electrical Science; Shenghe Jingwei and Changxin Science and Technology have applied for listing through counseling and acceptance, and Guangzhou Yuexin and Xinyaohui have successively entered the stage of listing counseling. In the first three quarters, equity investment income and all kinds of capital business investment contributed about 170 million yuan to net profit, which contributed better value income while continuing to form a new business resource base.

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In the first three quarters of this year, the main business of Shangfeng Cement continued to maintain efficiency leadership and performance growth, and the new quality investment business achieved more remarkable results. Under the two-wheel drive, the company realized a net profit of 528 million yuan attributable to shareholders of listed companies, an increase of 30.56% over the same period last year. The cost control of the main business continued to optimize, the gross interest rate maintained the leading position in the industry, and the comprehensive competitiveness showed strong resilience; Investment business net profit contribution of more than 30%, especially 20 semiconductor equity investment projects from upstream materials, design to downstream advanced packaging, almost covering the main key areas of the semiconductor ecological chain, including Changxin Storage, Shenghe Crystal Micro and so on.

2025-10-29 09:25:13

On November 11, the Economic and Credit Department of Hubei Province issued the Announcement on the Replacement Scheme of Supplementary Capacity for the 6166-ton Cement Clinker Production Line Project of Gezhouba Songzi Cement Co., Ltd. According to the Announcement, the 4000t/d clinker production line of Gezhouba Songzi Cement Co., Ltd. will supplement the production capacity of 1666t/d + 500t/d, totaling 2166t/d. After the supplement, the total production capacity of the production line will reach 6166 t/d.