Jidong Cement: special and customized cement is expected to increase by 40% year-on-year in 2025

2025-04-14 14:12:26

In 2024, the company sold 4.86 million tons of special and customized cement, up 47% year-on-year, accounting for 6% of sales. The average tax-inclusive price is higher than average price of the whole company, especially the profit contribution of moderate to low fever, oil wells, iron standard cement and other varieties. Judging from the situation in 2024, the demand for special scenarios such as water conservancy, nuclear power and pumped storage will continue to grow, and the company will increase the R & D and promotion of special and high-performance cement products such as moderate to low fever, oil wells, nuclear power, Ryu (iron) aluminate and high Belite, while intensively cultivating the civil market and promoting low carbon. And extend that mortar

Recently, Jidong Cement released a record of investor relations activities to answer questions about the company's future development strategy.

Ask: What is the sales proportion, average price and market space outlook of the company's special customized cement?

Jidong Cement: In 2024, the Company sold 4.86 million tons of special and customized cement, representing a year-on-year increase of 47% and accounting for 6% of the total sales volume. The average tax-inclusive price is higher than average price of the whole company, especially the profit contribution of moderate to low fever, oil wells, iron standard cement and other varieties. Judging from the situation in 2024, the demand for special scenarios such as water conservancy, nuclear power and pumped storage will continue to grow, and the company will increase the R & D and promotion of special and high-performance cement products such as moderate to low fever, oil wells, nuclear power, Ryu (iron) aluminate and high Belite, while intensively cultivating the civil market and promoting low carbon. And extend and expand the mortar market. It is estimated that in 2025, special and customized cement will increase by 40% year-on-year, and the proportion of sales will increase to 8%.

All can be viewed after purchase
Correlation

In 2024, the company sold 4.86 million tons of special and customized cement, up 47% year-on-year, accounting for 6% of sales. The average tax-inclusive price is higher than average price of the whole company, especially the profit contribution of moderate to low fever, oil wells, iron standard cement and other varieties. Judging from the situation in 2024, the demand for special scenarios such as water conservancy, nuclear power and pumped storage will continue to grow, and the company will increase the R & D and promotion of special and high-performance cement products such as moderate to low fever, oil wells, nuclear power, Ryu (iron) aluminate and high Belite, while intensively cultivating the civil market and promoting low carbon. And extend that mortar

2025-04-14 14:12:26

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.