Huaxin Cement: Do a Good Job of Anti-involution and Continue to Reduce Costs This Year

Recently, Huaxin Cement released the Record of Investor Relations Activities of Huaxin Cement Co., Ltd. to answer questions of concern to investors.

Question: The company's judgment on the sustainability of price increase or price stabilization in Hubei from April to June?

Huaxin Cement: The domestic demand for cement will maintain a moderate decline. This year, the company will respond to the call of the state, do a good job in anti-involution, continue to reduce costs in an all-round way, and continue to develop in emerging markets. As for the price trend of the industry, it will be determined by the implementation and in-place degree of the production capacity approved and filed by the enterprises.