Cement Economy 50 People Forum | Yu Pingfeng: The Industry Is everyone's Industry Road, Although a Long Journey Is Coming

2025-03-18 13:46:38

Yu Pingfeng, vice president of Gansu Shangfeng Cement Co., Ltd., said that now is the time when the industry is facing difficulties, supporting a breakthrough led by large enterprises, and small enterprises will keep their bottom line in accordance with the rules of the industry. We must firmly believe that this industry is everyone's industry, although the road is coming.

On March 13, the "50 People Forum on Cement Economy" sponsored by China Cement Network was held in Hangzhou, Zhejiang Province. Yu Pingfeng, vice president of

Gansu Shangfeng Cement Co., Ltd., said that now is the time when the industry is facing difficulties, supporting large enterprises to seek breakthroughs under the leadership of large enterprises, and small enterprises should also keep their bottom line in accordance with the rules of the industry. We must firmly believe that this industry is everyone's industry, although the road is coming.

All can be viewed after purchase
Correlation

Yu Pingfeng, vice president of Gansu Shangfeng Cement Co., Ltd., said that now is the time when the industry is facing difficulties, supporting a breakthrough led by large enterprises, and small enterprises will keep their bottom line in accordance with the rules of the industry. We must firmly believe that this industry is everyone's industry, although the road is coming.

2025-03-18 13:46:38

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.