Wang Lei: We Must Unswervingly Adhere to the Concept of "Price, Cost and Profit"

On July 12, the Northern Cement Production and Operation Analysis Conference for the First Half of 2025 was held in Tieling North. The meeting comprehensively summarized the company's operating results in the first half of the year, analyzed the current situation and shortcomings, and arranged for the deployment of key work in the second half of the year. Wang Lei, Secretary of the Party Committee and Chairman of the Board of Directors of Northern Cement, attended the meeting and made a speech. Zhang Mulin, Deputy Secretary of the Party Committee and President of Northern Cement, made a work report entitled "Stabilizing the Quantity, Restoring the Price, Reducing the Cost and Increasing the Efficiency for a Long Time and Making Every Effort to Promote Northern Cement to Turn Losses and Overcome Difficulties". The meeting was presided over by Zhang Mulin. In his speech,

Wang Lei fully affirmed the company's achievements in the first half of the year. He pointed out that in the context of the overall downturn in the market situation, the company achieved a year-on-year loss reduction and achieved the best performance in the same period in the past 10 years, laying a good foundation for the work in the second half of the year. In view of the work in the second half of the year, Wang Lei stressed that first, we should adhere to the concept of "price, cost and profit", actively participate in system coordination, and stabilize prices and shares by adjusting supply and demand structure, accurately staggering peak, and controlling clinker inventory. Second, all employees should focus on their own work, meet challenges, strictly abide by the bottom line of compliance, and strive for the goal of the second half of the year. Third, we should strictly implement the spirit of the Eight Provisions of the Central Committee, continuously rectify the "Four Winds" and create a clean and healthy political ecology. In his report,

Zhang Mulin systematically summarized the company's production and operation in the first half of the year. He pointed out that in the face of the complex and severe market environment, the company's operation showed a trend of "steady progress, cost reduction and efficiency improvement". For the work in the second half of the year, Zhang Mulin made specific arrangements around the "five deepening and one focus": first, deepen the lean operation to stabilize the quantity and guarantee the price; second, deepen the lean management to reduce the cost and increase the efficiency; third, deepen the lean organization to slim the body; fourth, deepen the characteristic operation and compliance management to improve the profitability; fifth, deepen the long-term mechanism of safety and environmental protection management to build a strong risk defense line; Sixth, we should focus on the implementation of responsibilities and strengthen Party building.

At the meeting, enterprises that made special contributions in marketing, profit growth and other fields in the first half of the year were commended. A total of 76 members of the

company's leading group, heads of functional departments and members of the leading group of production enterprises participated in the meeting.