Cement Economy 50 People Forum | Xiao Yongsheng: If We Do Not Insist on Staggering the Peak, the Industry Ecology Will Be More "Inverted"!

2025-03-18 13:37:48

Xiao Yongsheng suggested: First, we should implement rigid peak staggering to ensure the strict implementation of peak staggering production; second, we should formulate a unified rigid peak staggering plan among regions; third, we should strengthen industry communication, especially inter-provincial communication, such as exchanges between Fujian and Jiangxi, Zhejiang and Fujian, and Zhejiang and Jiangxi, to eliminate misunderstandings and enhance mutual trust.

On March 13, the "Cement Economy 50 Forum" hosted by China Cement Network was successfully held in Hangzhou, with the theme of "New Cycle Anti-Involution Breakthrough". Xiao Yongsheng, chief expert of

Jiangxi Wannianqing Cement Co., Ltd., said that the downward trend of cement demand in the future is irreversible. The industry ecology will be more "involuted", and the benefits of enterprises will further deteriorate.

Xiao Yongsheng suggested: First, we should implement rigid peak staggering to ensure the strict implementation of peak staggering production; second, we should formulate a unified rigid peak staggering plan among regions; Thirdly, we should strengthen industry communication , especially inter-provincial exchanges, such as those between Fujian and Jiangxi, Zhejiang and Fujian, and Zhejiang and Jiangxi, to eliminate misunderstandings and enhance mutual trust.

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Xiao Yongsheng suggested: First, we should implement rigid peak staggering to ensure the strict implementation of peak staggering production; second, we should formulate a unified rigid peak staggering plan among regions; third, we should strengthen industry communication, especially inter-provincial communication, such as exchanges between Fujian and Jiangxi, Zhejiang and Fujian, and Zhejiang and Jiangxi, to eliminate misunderstandings and enhance mutual trust.

2025-03-18 13:37:48

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.