Yaobai Cement Group Signs Strategic Cooperation Agreement with Shaanxi Traffic Control Resources Group

On December 4, 2025, the Democratic Republic of the Congo (DRC) and Rwanda formally signed a peace agreement with a view to ending the 30-year conflict. After the signing of the peace agreement, the border armed conflict between the two countries has not actually stopped, and the cement industry will continue to face multiple problems such as insufficient demand potential, low production stability and high comprehensive costs.

2025-12-09 14:09:31

On December 5, Western Cement announced that its principal place of business in Hong Kong would be changed to Room 402A-403A, 4th Floor, Empire Center, 68 Mody Road, Tsim Sha Tsui, Hong Kong.

2025-12-09 09:54:07

On November 26, 2025, Guo Yu, Consul General in Aktobe, went to Aktobe Sim Co., Ltd. to investigate the project of clinker cement production plant with a daily output of 5,000 t/d under construction.

2025-12-01 17:27:58

Yaobai Group signed a strategic agreement with Shaanxi Traffic Control Resources Group, focusing on minerals, concrete, trade and other fields, integrating resources, giving full play to complementary advantages, promoting all-round cooperation and achieving mutual benefit and win-win results.

2025-12-01 11:29:18

West Cement (02233. HK) announced that on 25 November 2025, the Company and the Subsidiary Guarantors entered into the Purchase Agreement with CICC, HSBC and J. P. Morgan in connection with the issue of the Notes in the aggregate principal amount of US $400 million (being the US $400 million aggregate principal amount of 9.90% senior notes due 2028 to be issued by the Company).

2025-11-26 10:11:43

Recently, Yatai Group and Pangu Cement Group have gone abroad to carry out on-the-spot evaluation to promote market expansion. At present, many Chinese cement enterprises, such as Huaxin, Conch and Western Cement, are speeding up "going to sea" to find new opportunities for development.

2025-11-20 10:45:04

Cement industry "going to sea" can not only effectively alleviate the pressure of domestic overcapacity, inject buffer force into the stable and healthy development of the domestic market, but also help enterprises to tap new overseas demand growth points, broaden income sources, enhance brand influence in the global market, so as to gain more development opportunities and open up new growth space.

2025-11-20 09:13:18

What is happening in the cement industry?

2025-11-12 07:01:09

Cao Jianshun of Western Cement said that in this promotion meeting, we signed three projects with Mozambique, with an investment of nearly 2 billion yuan, which will bring more than 1000 jobs to the local area in the future.

2025-11-11 19:05:55

Recently, Zimbabwe's Minister of Information, Janvan Musweree, said that Chinese enterprises have invested more than US $1 billion in Tianjin's cement industry in the past year, greatly enhancing its cement production capacity. Huaxin, Huizi International and other projects landed. China's investment is in line with Tianjin's efforts to revitalize manufacturing and accelerate industrialization, bringing capital, technology and management experience, creating employment and promoting the development of the industrial chain. Tianjin's industrial reconstruction and growth plan promotes the development of manufacturing industry, which is outstanding in 2024-2025. China's investment provides impetus for its rise, and Tianjin's cement and manufacturing industry is expected to continue to improve in the future.

2025-10-22 10:00:56

On October 14, Western China Cement and China Water Conservancy and Hydropower Third Engineering Bureau Co., Ltd. (Hereinafter referred to as "the Third Hydropower Bureau") signed a strategic cooperation agreement at the headquarters of the Group. Wang Qi, Party Secretary and Chairman of the Third Hydropower Bureau, Cao Jianshun, CEO of Western Cement and Chairman of Yaobai Group, and Wang Jiujun, General Manager of Yaobai Group, attended the ceremony and witnessed the signing. The meeting was presided over by Wang Fayin, Vice President of Western Cement.

2025-10-15 11:52:41

What is happening in the cement industry?

2025-10-04 07:01:12

As the second largest sub-industry of the building materials industry, the operation trend of the cement industry has a significant impact on the whole building materials industry, so how will the Plan affect the cement industry and how can cement industry achieve the goal of steady growth?

2025-09-25 17:19:41

As the market demand continues to bear pressure, the "involution" chaos dominated by low-price competition intensifies, the living space of small and medium-sized enterprises is constantly compressed, and the tail enterprises accelerate their withdrawal, which creates favorable conditions for the M & a expansion of high-quality enterprises.

2025-09-17 09:08:11

In the first half of 2025, Western Cement realized operating income of 5.418 billion yuan, an increase of 46.37% over the previous year, and the net profit attributable to shareholders of listed companies was 748 million yuan, an increase of 93.41% over the previous year. During the reporting period, the domestic and foreign business sectors of Western Cement achieved performance growth at the same time, the domestic market mainly came from the improvement of efficiency, and the overseas market mainly came from the expansion of scale.

2025-09-04 16:04:22

In terms of net profit, 12 enterprises made profits and 5 enterprises lost money, of which Conch Cement ranked first with a net profit of 4.368 billion yuan.

2025-08-29 09:47:34

Recently, 17 cement listed companies have announced their performance (Huaxin, Tianrui and Yatai are forecasts).

2025-08-28 17:42:59

In the overseas market, Western Cement has a total cement production capacity of 13.6 million tonnes with 7 production lines, including cement production capacity of 6.3 million tonnes in Ethiopia, 2.5 million tonnes in Uzbekistan, 2 million tonnes in Mozambique and 1.5 million tonnes in Congo, and cement grinding production capacity of 1 million tonnes in Rwanda and 300,000 tonnes in Tanzania.

2025-08-27 10:06:05

Benefiting from the orderly supply and lower costs, the average selling price of cement and clinker of Western Cement China increased by 4.1% to RMB280 per tonne (30 June 2024: RMB269 per tonne), achieving a gross profit of RMB64 per tonne (30 June 2024: RMB38). The significant increase in overseas sales volume allowed the ASP to be maintained at a more sustainable level of RMB486 per tonne (30 June 2024: RMB739), which led to an average gross profit of RMB181 per tonne (30 June 2024: RMB326).

2025-08-27 10:05:31

For the six months ended June 30, 2025, Western Cement's total charitable donations amounted to RMB1.5 million. Some of the projects funded by Western Cement include the construction of Mudada Village Primary School and Katenbe Manatee School in Mozambique, the Shaanxi Yaobai Student Aid Public Welfare Foundation, which aims to improve the quality of basic education in Shaanxi Province, and the continued donation of "Golden Autumn Student Aid" activities to benefit 115 students in need of educational support.

2025-08-27 10:05:13

Western Cement has installed waste heat recovery systems in 13 of its 17 production lines in China. The system can reduce electricity consumption by about 30% for each production line and reduce carbon dioxide emissions by about 22000 tons per million tons of cement production. In 2024, these systems generated a total of 341 million kWh of electricity, saving coal consumption of approximately 136,300 tons and reducing carbon dioxide emissions of approximately 339,800 tons.

2025-08-27 09:34:00

The Group's revenue in the first half of 2025 was 5.42 billion yuan, of which 3.07 billion yuan came from domestic core markets and 2.35 billion yuan from overseas markets.

2025-08-27 09:12:46

On August 26, Western Cement released its mid-term performance in 2025.

2025-08-26 09:59:25

After the completion of the transaction, the target company involved will no longer be a subsidiary of West Cement, and its financial information will no longer be included in the comprehensive accounting of West Cement Group. In addition, the relevant target assets have been transferred to the corresponding asset buyers in accordance with the asset purchase agreement.

2025-08-25 10:28:00

Recently, the Zimbabwe Environmental Management Agency (EMA) ordered Wih-Zim Cement, a subsidiary of Western Cement, to stop the construction of the Magunj plant.

2025-08-21 17:46:35

The Environmental Management Agency of Zimbabwe (EMA) ordered Wih-Zim Cement to halt construction of the Magunj plant. The company was fined $5000 and received an enforcement order for violating the environmental impact assessment (EIA) conditions and failing to compensate the relocated families. The inspection found that at least 20 families had lost their farmland, and some families still lived in the project. The company has not fulfilled the relocation requirements to carry out a number of construction, has not yet obtained the certificate of community land occupation, EMA said that the project can not be promoted without compensation for relocation according to law.

2025-08-21 10:01:58

Recently, Yili Yaobai Cement Co., Ltd. has undergone industrial and commercial changes, and its name has been changed to Yili Conch Cement Co., Ltd.

2025-08-19 09:28:34

What is happening in the cement industry?

2025-08-15 07:02:03

What is happening in the cement industry?

2025-08-14 07:02:07

From the perspective of enterprises, the acquirer of M & a integration can quickly enter the local market, expand its market coverage and enhance its influence in the regional market.

2025-08-08 09:15:24

In the process of going to sea, domestic cement enterprises should fully recognize the advantages and disadvantages of different ways of going to sea, adjust measures to local conditions, and formulate strategic plans suitable for their own development. At the same time, enterprises need to pay close attention to the international market dynamics, strengthen risk management, and constantly enhance their core competitiveness in order to gain a firm foothold in the overseas market and achieve sustainable development.

2025-07-30 09:31:39

What is happening in the cement industry?

2025-07-25 07:02:03

The company's overseas cement sales were about 1.16 million tons in the first half of last year and 3.8 million tons in the first half of this year, an increase of about 230% over the same period last year. In the first half of the year, the company made a profit of about 97.7 million yuan from property sales.

2025-07-24 14:19:13

Western Cement said that in the future, it will seize the historical opportunity of Africa's great development, accelerate the international development strategy, and gradually establish its leading position in the cement building materials industry in Africa.

2025-07-14 16:11:21

To sum up, it is expected that the benefit of the cement industry will still be at a low level in 2025, and the overall operation pressure of cement enterprises will be greater.

2025-07-14 15:40:12

What is happening in the cement industry?

2025-07-12 07:02:24

Dugongo Cement Mozambique will invest US $35 million to build a third cement factory in the Ancuabe region of Cabo Delgado province. The project team has completed two rounds of land use community consultation in the formulation of the construction plan, followed by community communication related to environmental permits. The construction period is 17 months, and the construction and operation phases provide 900 and 135 jobs respectively. The company, a joint venture between Mozambican local company SPI and Western China Cement, has been involved in disputes and penalties over the sale of cement at low prices.

2025-07-10 09:43:48

At 8 a.m. on July 4, the commencement ceremony of pile foundation works was held at the site of Aktobe 5000t/d clinker cement production line project, marking that the project has entered the substantive construction stage. Under the guidance and support of leaders at all levels of the Group Company, the Western Cement Engineering Department and the Central Asia Region, the project construction party, Suzhou Keda Geotechnical Engineering Technology Co., Ltd., officially started the construction of pile foundation works.

2025-07-07 11:43:05

What is happening in the cement industry?

2025-07-04 07:02:15

What is happening in the cement industry?

2025-07-02 07:01:17

In terms of revenue, one of the 22 listed companies has achieved revenue growth and 21 are now declining. From the net return to the mother, 14 companies realized profits and 8 companies suffered losses.

2025-07-01 14:28:13

What is happening in the cement industry?

2025-07-01 07:01:28

Hu Jie observed that the "killer" of Chinese enterprises is the second Chinese. Many Chinese enterprises, whether at home or abroad, are killed in the end. Although they have a large production capacity, they have no profit. To solve this problem, enterprises need self-discipline, coordination and balance, so all entrepreneurs need to work together.

2025-06-30 14:46:10

What is happening in the cement industry?

2025-06-28 07:32:04

Since the beginning of this year, there have been few cases of large-scale acquisitions in the industry. In this downturn, the merger and reorganization of leading conch will have a significant positive impact on optimizing its own industrial layout and speeding up the reshaping of the industry competition pattern.

2025-06-27 16:11:33

Africa is indeed a huge potential market, and going out is the only way for domestic cement enterprises to develop in the future, but if you want to go overseas to "get rich", the dream may be a little too full. When domestic cement enterprises go out, they must control investment costs, use the most advanced technology to "arm themselves", select countries with stable political situation and good economic development potential, equip them with sufficient professionals, and avoid "involution".

2025-06-27 15:28:25

What is happening in the cement industry?

2025-06-27 07:02:13

Each of the Target Companies is established in the PRC with limited liability and is a direct wholly-owned subsidiary of Vendor A. Each of the Target Companies is principally engaged in the manufacture and sale of cement and cement products, sale of limestone and construction materials and provision of waste treatment services.

2025-06-26 09:15:10

After handing in high-quality answers, Tianrui Cement announced that the controlling shareholder Yukuo Co., Ltd. had purchased shares of Tianrui Cement 147049000. After the completion of the increase, Yu Kuo will hold 1844885822 shares of Tianrui Cement, accounting for 59.8% of the issued share capital of Tianrui Cement.

2025-06-23 10:50:25

What is happening in the cement industry?

2025-05-29 07:02:03