North Cement achieved double standards of operating income and operating profit in the first quarter

On April 8, the business analysis meeting of Northern Cement in the first quarter of 2025 was held in Changchun. Wang Lei, Secretary of the Party Committee, Chairman and President of the company, presided over the meeting and made a speech. In his speech,

Wang Lei emphasized that in the first quarter, the company achieved double standards of operating income and operating profit, but there is still a significant gap between the cost indicators of production and procurement links and the excellent enterprises of Tianshan Materials, which should be improved as soon as possible.

In the face of market fluctuations, Wang Lei made it clear that the annual profit target was unshakable, and deployed six key tasks:

first, sales and financial linkage to build a dynamic price-cost-profit model and establish a scientific pricing system;

second, the whole chain started to reduce costs;

The third is to build a risk early warning mechanism for clinker procurement and dynamically control the pace of external mining to cope with market fluctuations.

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Fifth, we should carry out the study and education work of implementing the spirit of the Eight Provisions of the Central Committee.

Sixth, we should continue to do a good job in safety and environmental protection.