A few days ago, Tianshan shares issued a record of investor relations activities, answering questions of concern to investors.
Question : Under the background of the "the Belt and Road" initiative, the company actively practices the "internationalization" strategy. What are the key areas covered by the current overseas business? What are the strategies for target market selection and resource coordination?
Tianshan Cement: Facing the new development trend of the domestic cement industry, The company has accelerated the pace of structural adjustment, transformation and upgrading, and international development, and actively responded to the national "going out" call for Sinoma Cement as the company's overseas investment and operation platform. At present, it has a total cement production capacity of 2 million tons, clinker production capacity of 1.55 million tons, commercial mixing production capacity of 200,000 cubic meters, aggregate production capacity of 2 million tons and sintered brick production capacity of 60 million pieces in Zambia, Nigeria and Mongolia. In 2024, the company's international business continued to maintain a profitable trend, with increased sales and profits.
Recently, the company's Tunisia project has completed the procedures of delivery and equity change. In 2025, we will push forward the landing of key projects and continue to expand the international market. In terms of development mode, the company will generally focus on mergers and acquisitions, supplemented by green space projects, and will also consider landing some projects through light assets such as leasing. In 2023, the company introduced Sinoma International as a shareholder of Sinoma Cement, which can give full play to its advantages of international development experience, global localization operation, international talent, market frontier information, and comprehensive services such as engineering transformation, operation and maintenance, spare parts, logistics, etc., combined with the management of Tianshan's industrial operation for many years. Ensure the quality of overseas development.
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