Proposal issued by Zhuhai Cement Products Industry Association

2025-04-10 14:15:47

According to enterprises, the prices of cement, sand and other raw materials in the industry have been rising recently, and the production costs of enterprises have been increasing. In order to compete for market share, some enterprises have appeared the phenomenon of bidding below the cost price, which has seriously undermined the self-discipline of the industry and the market order, and has a certain impact on product quality.

Recently, Zhuhai Cement Products Industry Association issued a "proposal on enhancing quality awareness and maintaining market order", saying that according to enterprises, the prices of raw materials such as cement, sand and gravel in the industry have been rising continuously in recent years, and the production costs of enterprises have been increasing, and some enterprises have been bidding below the cost price in order to compete for market share. It has seriously damaged the self-discipline of the industry and the market order, and has a certain impact on the quality of products.

In order to promote the healthy, orderly and high-quality development of Zhuhai cement products industry, further enhance the quality awareness of enterprises and ensure the quality and safety of construction projects, Zhuhai Cement Products Industry Association has issued the following initiatives:

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Correlation

Proposal issued by Zhuhai Cement Products Industry Association

2025-04-10 14:15:47

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.