Cement Economy 50 Forum | Zhao Xingbao: Large and Small Enterprises Have the Responsibility and Obligation to Maintain a Good Industry Ecology

2025-03-18 11:59:12

Under the background of the long-term downward trend of cement demand, enterprises, regardless of their size, have the responsibility and obligation to maintain a good industry ecology.

On March 13, the "Cement Economy 50 People Forum" hosted by China Cement Network was successfully held in Hangzhou, with the theme of "New Cycle Anti-Involution Breakthrough". Zhao Xingbao, executive Secretary-General of

Yunnan Cement Association, said that the average production capacity of cement enterprises in Yunnan Province had fallen below 40% last year, and most enterprises were difficult to survive.

He appealed that the leading enterprises should play a leading role, take the lead in implementing the relevant documents of various ministries and commissions, and standardize the production process. At present, the difficulty of industry coordination is increasing day by day, the reason is that enterprises have different demands, policy changes, market fluctuations and other factors exist, but the problems of the industry itself are more prominent. Under the background of the long-term downward trend of cement demand, enterprises, regardless of their size, have the responsibility and obligation to maintain a good industry ecology.

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Under the background of the long-term downward trend of cement demand, enterprises, regardless of their size, have the responsibility and obligation to maintain a good industry ecology.

2025-03-18 11:59:12

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.