Cement Economy 50 People Forum | Zhang Zhenkun: In the Cold Winter of the Industry, Enterprises Need Cooperation

2025-03-20 14:30:00

Zhang Zhenkun, CEO of Asia Cement (China) Holding Company, said that the market is shared and open and needs to be maintained by all. Zhang Zhenkun pointed out that in the cold winter of the industry, enterprises need to cooperate and actively cooperate with the call to stop kilns and reduce production.

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". Zhang Zhenkun, CEO of

Asia Cement (China) Holding Company, said that the market is shared and open and needs to be maintained by all. Zhang Zhenkun pointed out that in the cold winter of the industry, enterprises need to cooperate and actively cooperate with the call to stop kilns and reduce production.

In view of the problem of overcapacity, Zhang Zhenkun proposed that attention should be paid to the role of foreign trade.

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Correlation

Cement Economy 50 People Forum | Zhang Zhenkun: In the Cold Winter of the Industry, Enterprises Need Cooperation

2025-03-20 14:30:00

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.