Shao Jun, Chairman of China Cement Network, and His Delegation Visited Jiangxi Wannianqing

On March 25, Shao Jun, Chairman of China Cement Network, and his delegation visited Jiangxi Wannianqing Cement Co., Ltd. and received Chen Wensheng, Secretary of the Party Committee, Chairman and General Manager of Jiangxi Building Materials Group Co., Ltd. and Chairman of Jiangxi Wannianqing Cement Co., Ltd. Li Shifeng, member of the Party Committee of Jiangxi Building Materials Group Co., Ltd., Secretary of the Party Committee and General Manager of Jiangxi Wannianqing Cement Co., Ltd., gave a warm reception, and the two sides exchanged views on the current difficulties faced by the cement industry and how to stabilize the development of the industry.

Li Shifeng welcomed Shao Jun and his delegation and agreed with China Cement Network's long-term efforts to digitalize and intellectualize the industry and promote the high-quality development of the industry. Li Shifeng introduced the cement industry in Jiangxi Province. It is understood that the overall situation of the cement industry in Jiangxi Province in 2024 is still acceptable. Since August last year, the cement price in Jiangxi Province has been repaired several times, making the cement price in the second half of the year return to the same period last year. Cement sales in Jiangxi Province fell by nearly 20% in 2024, exceeding expectations, but cement prices in Jiangxi Province remained better in 2024, mainly due to the consensus formed by enterprises in the province.

Li Shifeng introduced that in 2024, the production and operation of Wannianqing cement plate was relatively stable, and the commercial mixed plate was more difficult. He pointed out that challenges and opportunities coexist in the industry situation this year, and the decline in demand is expected to narrow. Under the call of anti-involution, the market competition among enterprises will become more rational, and the economic benefits of the industry are expected to improve.

Shao Jun pointed out that under the background of serious overcapacity and intensified market competition, the industry needs more consensus and joint efforts to break the situation. China Cement Network actively embraces digital and intelligent transformation, relying on artificial intelligence and big data to make suggestions for the industry, and recently grandly launched chatCEM, the exclusive artificial intelligence platform for the cement industry, to provide intellectual support for the industry. China Cement Network is willing to work with Evergreen and other industry enterprises to jointly maintain the stable development of the industry. Li Kunming, an analyst at the Cement Big Data Research Institute of

China Cement Network, made the latest cement research report. Li Kunming predicted that the national cement demand in 2025 would be 1.7-1.73 billion tons, down by 5% -8%. Quarterly: The market starts slowly in the first quarter, with the greatest demand pressure, and the expected decline is about 8%; the decline in the second half of the year is less than that in the first half of the year. During the

exchange, the two sides agreed that they would continue to strengthen communication and exchanges in the future and jointly promote the high-quality development of the industry. Other leaders

participating in the exchange included Zhang Kuifeng, General Manager of Sales Company of Jiangxi Wannianqing Cement Co., Ltd., and Zhang Xianfeng, Director of Operation Management Department.