Cement Economy 50 People Forum | Wang Jianxin: The dragon head dances, the waist follows the rhythm, and the dragon tail follows the trend

2025-03-20 14:46:26

Wang Jianxin, Vice President of Queshi Cement Group Co., Ltd., pointed out that in the face of industry difficulties, consensus should be reached first. The first three quarters of last year was a low period, and the benefits mainly came from the fourth quarter. In view of this situation, enterprises need to come up with feasible plans.

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". Wang Jianxin, Vice President

of Queshi Cement Group Co., Ltd., pointed out that in the face of industry difficulties, consensus should be reached first. The first three quarters of last year was a low period, and the benefits mainly came from the fourth quarter. In view of this situation, enterprises need to come up with feasible plans.

Secondly, large enterprises should have a pattern and small and medium-sized enterprises should have a bottom line. When large enterprises show their patterns, we need to seriously consider whether small enterprises have kept the bottom line.

In addition, with the further weakening of cement demand, enterprises should make corresponding adjustments. Take the stone as an example, take the initiative to reverse the internal friction and increase the peak staggering time.

Finally, Wang Jianxin pointed out that the Yangtze River Basin is the focus of economic development, hoping that in this market, the dragon head dances, the waist follows the rhythm, and the dragon tail follows the trend, only in this way can we achieve high-quality development.

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Wang Jianxin, Vice President of Queshi Cement Group Co., Ltd., pointed out that in the face of industry difficulties, consensus should be reached first. The first three quarters of last year was a low period, and the benefits mainly came from the fourth quarter. In view of this situation, enterprises need to come up with feasible plans.

2025-03-20 14:46:26

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.