Cement Economy 50 People Forum | Kang Deyu: Solving the Current Dilemma Requires the Government to Play a Role

2025-03-20 14:42:02

At present, it is not enough to rely solely on off-peak production, hoping that the government can play a role, local cement associations should strengthen communication and exchanges with the government, and explore issues such as enterprise withdrawal.

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". Kang Deyu, Risk Control Department/Board of Directors of

Sichuan Xingchuancheng Cement Co., Ltd., pointed out that great changes have taken place in the cement industry in the past two years, with overcapacity, industry volume and obvious downward trend.

Kang Deyu said that at present, it is not enough to rely solely on off-peak production, hoping that the government can play a role.

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Correlation

Cement Economy 50 People Forum | Kang Deyu: Solving the Current Dilemma Requires the Government to Play a Role

2025-03-20 14:42:02

CEMPI

95.77

+0.86 +0.91%

CONCPI

86.56

-0.04 -0.05%

CLKPI

98.07

+0.15 +0.15%

SPPI

41.04

+0.11 +0.27%

MORPI

71.83

0.00 0.00%

Yatai Group's subsidiaries added 359 million yuan in overdue debts.

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.