Cement Economy 50 Forum | Lv Zhijian: To keep the basic development of the industry, to keep the basic jobs of employees!

2025-03-20 14:43:27

At present, the decline in profits of the cement industry is far greater than decline in demand, but the cement industry has invested a lot, including mines, electricity, coal and so on. If the industry faces difficulties and reduces staff and salaries, then the stability of the industry will be impossible to talk about.

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". Lv Zhijian, former president of

Xinjiang Building Materials Industry Association, said that Xinjiang has always adhered to the strict implementation of peak staggering production, and through the principle of "rigid + flexible" peak staggering and tight balance, the utilization rate of cement production capacity in Xinjiang is less than 40%, but it can maintain a relatively good profit level.

At present, the decline in profits of the cement industry is far greater than decline in demand, but the cement industry has invested a lot, including mines, electricity, coal and so on. If the industry faces difficulties and reduces staff and salaries, then the stability of the industry will be impossible to talk about.

In this regard, Lv Zhijian suggested that the cement industry must face the reality and find ways to save itself.

1. To maintain the basic development of the industry in various ways, to maintain the basic jobs of employees, and to survive. Promote the smooth transition of the industry, avoid severe shocks, resolve the crisis by soft landing, and ensure the orderly progress of the industry.

2. The state should introduce policies to strengthen intervention and play the role of the visible hand of the government to help the cement industry survive the crisis.

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At present, the decline in profits of the cement industry is far greater than decline in demand, but the cement industry has invested a lot, including mines, electricity, coal and so on. If the industry faces difficulties and reduces staff and salaries, then the stability of the industry will be impossible to talk about.

2025-03-20 14:43:27

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.