Shao Jun, Chairman of China Cement Network, and His Delegation Visited Red Lion Holding Group

On March 24, Chairman Shao Jun of China Cement Network and Chairman Ma Weiping of OCC visited Hongshi Holding Group Co., Ltd. and were warmly received by Chairman and General Manager Zhang Xiaohua of Hongshi Holding Group. The two sides had in-depth exchanges on the future development trend of the cement industry and how cement enterprises should deal with the industry dilemma.

Zhang Xiaohua said that the current cement industry is facing serious overcapacity, and the demand for cement will continue to decline in the future. Staggered peak production and industry coordination are important measures to maintain reasonable profits of the industry. The industry needs to enhance consensus, meet challenges and promote healthy and stable development of the industry. Zhang Xiaohua also pointed out that the industry should actively explore and promote the docking of large and small kilns to achieve win-win situation in the industry. At present, Zhejiang Province has formed some good experiences and practices in peak staggering production and docking of large and small kilns, which can be popularized and implemented in the whole industry. During the

exchange, Zhang Xiaohua said that China Cement Network is a third-party force representing the positive energy of the industry, and appreciated the positive role of promoting the healthy development of the cement industry, technological progress, think tank construction and digital reform. The two sides agreed that they would continue to strengthen exchanges and visits, seek more cooperation space and achieve better development of both sides.