2026 New Year's Speech | Li Yeqing, President of Huaxin Building Materials

2025-12-31 16:57:31

Looking back on 2025, it is the key year for the closing of the 14th Five-Year Plan and the 15th Five-Year Plan. Over the past year, in the face of challenges such as the profound changes in the external environment and the prominent contradiction between supply and demand in the industry, all cadres and employees have withstood the pressure, maintained their determination and cohesion, unswervingly handled their own affairs, promoted the steady progress of the company's four major strategies, and carved a solid and profound footprint on the journey of building a leading multinational building materials group in the world.

On December 31, Li Yeqing, President of Huaxin Building Materials, delivered a New Year's speech. The following is the full text of the speech:

Dear colleagues, global partners, friends from all walks of life:

Hello! The

New Year's bell is about to ring. At this beautiful moment of bidding farewell to the old and ushering in the new, on behalf of Huaxin Building Materials Group, I would like to express my high respect and best wishes to Huaxin strugglers and their families, partners and shareholders who share weal and woe, and all friends from all walks of life who care about Huaxin's development!

Looking back on 2025, it is the key year for the closing of the 14th Five-Year Plan and the 15th Five-Year Plan. Over the past year, in the face of challenges such as the profound changes in the external environment and the prominent contradiction between supply and demand in the industry, all cadres and employees have withstood the pressure, maintained their determination and cohesion, unswervingly handled their own affairs, promoted the steady progress of the company's four major strategies, and carved a solid and profound footprint on the journey of building a leading multinational building materials group in the world.

According to the situation, we should draw a new strategic blueprint by renaming. The new launch of "Huaxin Building Materials" is not only a change of name, but also a strategic upgrade. We anchor "global group + multi-brand", accelerate the leap to "full-scene building materials solution service provider", and open a new era of win-win future with global partners.

Take advantage of the momentum to open up new global space with layout. From the acquisition of Nigeria's Lafarge and Brazil's aggregate giants, to the formal entry into West Africa and South America, to the precise transformation of overseas factories; from the gradual landing of overseas diversified businesses, to the gradual formation of the international green logistics system, we have built "the Belt and Road" with China's solutions.

Go green and lead the new future with low-carbon innovation. From once again taking the top three of energy efficiency leaders to the key breakthrough in the research and development of cement-based materials; from being selected as the first batch of excellent intelligent factories in China to the highest rating of ESG in the industry; from being selected as an excellent case of alternative fuel technology to the preparation of carbon measurement standards, we have taken practical actions to promote the green transformation and standardization construction of the industry.

People-oriented, change to stimulate new vitality of the organization. From the survey of "Global Employee Engagement" to the creation of "China's Best ESG Employer"; from the "Kunpeng" and "Elite" programs to the selection of "Jinpaiyao Coach" and "Technician", as well as the open competition for key positions, we have effectively stimulated the organizational potential and talent vitality, and forged a team that dares to fight hard and win battles. Over the

past year, we have won a number of national, provincial and municipal honors, and a number of colleagues have been awarded national, provincial and municipal labor models and May Day medals. Huaxin A-share and H-share markets have performed brilliantly, with the largest increase in market value in the industry, becoming a brilliant benchmark for value investment in the capital market.


2026, standing on the new starting line, we are soberly aware that the world today is undergoing profound changes, the industry's "anti-involution" and "steady growth" have become a consensus, and the competition dimension has moved from "regional competition" to "global competition and cooperation". Although the

challenges are great, the opportunities are unprecedented. Be fearless of the wind and waves and start a new voyage. In the new year, we will write a more magnificent chapter with more vigorous fighting spirit:

-We will further accelerate the global layout with a "global" vision, so that Chinese technology and standards can take root and bear fruit in the "the Belt and Road".

We should further deepen multi-party cooperation with the "whole industry chain" thinking, promote the "global group + multi-brand" synergy system to go steadily and far, and build an unshakable barrier to competition.

We should take "key and core technology" as the edge, further focus on low-carbon, intelligent and high-end new materials to overcome difficulties, and transform the "key variables" of scientific and technological innovation into the "maximum increment" of high-quality development.

We should take "talent" as the foundation, with an open and inclusive mind, let the global team shine on the world stage, so that everyone who wants to do things and can do things can shine brilliantly on the big stage of Huaxin.

The new journey has been started, and we will go to the mountains and seas together. There is no end to the journey, and we will go far with one heart.

A great cause begins with dreams and ends with hard work. He who does not seek easy things will succeed, and he who does not avoid them will advance. Huaxin, a giant ship of the times bearing a century-old accumulation and glowing with new vitality, is breaking through the waves and heading for the deep blue.

In 2026, the horn of progress has sounded. Let us stand together through thick and thin, hand in hand! May every new Chinese person become the protagonist in the great journey and jointly create a more brilliant tomorrow that belongs to us!

Finally, I wish you all success in the new year!

Thank you all!

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Correlation

At 8:58 on January 5, Huaxin Building Materials held a simple and solemn celebration in the office building of the State-owned Enterprise Center of Wuhan Business Center to commemorate the 119th anniversary of its establishment. Li Yeqing, secretary of the Party Committee and president of the company, delivered a New Year's speech. Liu Fengshan, deputy secretary of the Party Committee and vice president of the company, presided over the event. Senior executives of the company and staff representatives of Wuhan Business Center participated in the event.

2026-01-05 16:34:42

Looking back on 2025, it is the key year for the closing of the 14th Five-Year Plan and the 15th Five-Year Plan. Over the past year, in the face of challenges such as the profound changes in the external environment and the prominent contradiction between supply and demand in the industry, all cadres and employees have withstood the pressure, maintained their determination and cohesion, unswervingly handled their own affairs, promoted the steady progress of the company's four major strategies, and carved a solid and profound footprint on the journey of building a leading multinational building materials group in the world.

2025-12-31 16:57:31

On December 18, the list of "Jingchu Model" in 2025 was announced, and Li Yeqing of Huaxin Building Materials was awarded this honor.

2025-12-19 10:43:34

Bearing 118 years of historical glory and industry mission, Huaxin ushered in another milestone moment: on December 15, the domestic A + H-share listed company held a renaming and brand global conference in Wuhan, announcing that the company's name was officially changed from "Huaxin Cement Co., Ltd." To "Huaxin Building Materials Group Co., Ltd.".

2025-12-15 17:23:26

On the morning of July 7, Wu Zhiling, deputy secretary and mayor of Huangshi Municipal Party Committee, went to Huaxin Huangshi Science and Technology Park to hold a special office meeting on further supporting Huaxin to accelerate its high-quality development. Dong Guoping and Guo Bao, leaders of Huangshi City, and Li Yeqing, Liu Fengshan, Ming Jinhua and Mei Xiangfu, leaders of Huaxin Company, attended the meeting.

2025-07-09 16:01:56

Founded in 1907, Huaxin, known as the cradle of China's cement industry, is a global building materials group with integrated development of the whole industrial chain. It has built more than 40 building materials factories in 13 overseas countries, covering 18 overseas countries, including cement, aggregate, commercial mixing, waste disposal, packaging materials and other businesses.

2025-06-12 17:34:06

At the commendation meeting, Li Yeqing said that 2024 was not an easy year. In the context of the overall decline in industry performance, Huaxin worked hard to achieve sustained growth in business income and leading performance in the industry.

2025-01-20 10:10:58

In the downward cycle of demand, price is the basis of share and sales volume. The price of sacrifice can be compared with the cost reduction. If the cost is reduced by 20 yuan and the price is reduced by 100 yuan, can the benefit recover?

2024-04-16 09:26:17

In 2024, our goal is very clear. Huaxin never takes sales volume as our assessment and pursuit. We will adhere to the concept of "profit is the goal, price (income) is the foundation", and strive to achieve positive growth in operating income, EBITDA and operating cash flow.

2024-04-15 16:34:59

Only when you have faith in your heart can you go far. The stronger the faith, the farther the action.

2024-01-01 10:43:16

On November 20, the 2023 China 5G + Industrial Internet Conference was held in Wuhan. Li Yeqing, president of Huaxin Cement, was invited to attend the conference and delivered a speech entitled "Practice and Reflection on Digital Transformation Accelerating New Industrialization" at the second special session of the conference, "5G + Industrial Internet Enabling Future Industrial Innovation and Development", sharing Huaxin's forward-looking exploration and achievements in new industrialization.

2023-11-21 13:52:28

On November 7, Li Yeqing, President of Huaxin Cement, met with Stephanie Duran, Director of the China Office of the U.S. Department of Energy, at the Wuhan Business Center, and the two sides exchanged views on the theme of green and low carbon.

2023-11-08 17:14:35

In the future, Huaxin will take win-win cooperation as the cornerstone, continue to draw a bright picture of green and high-quality development in the "Belt and Road", and contribute to the benefit of the local people and the promotion of friendship among countries.

2023-10-18 17:03:03

On August 14, Huaxin organized a seminar on the three industry standards of "Technical Specification for Project-based Carbon Dioxide Emission Reduction Assessment Fuel Substitution Project for Cement Clinker Production", "Technical Specification for Preparation of Combustibles for Pretreatment of Domestic Waste in Cement Kilns" and "Technical Specification for Co-disposal of Combustibles for Pretreatment of Domestic Waste in Cement Kilns".

2023-08-17 17:29:05

On April 18, Li Yeqing, Director and President of Huaxin Cement Co., Ltd., Ye Jiaxing, Vice President and Secretary of the Board of Directors of Huaxin Cement Co., Ltd., Chen Qian, Vice President and Chief Financial Officer of Huaxin Cement Co., Ltd., and Wang Jiajun, Vice President of Huaxin Cement Co., Ltd., accompanied by the Hong Kong representative of Shen Wanhongyuan, the sponsor, visited Hong Kong Exchanges and Clearing Co., Ltd. and exchanged views with relevant responsible persons.

2023-04-19 16:21:43

On March 30, the announcement of the winning project of the 2022 China Building Materials Federation and China Silicate Society Building Materials Science and Technology Award was issued, and Li Yeqing, president of Huaxin Cement Co., Ltd., as the first person to complete the project of "Innovation and Application of Key Technologies for Intelligent Low Carbon Cement Manufacturing", won the first prize in the category of technological progress.

2023-03-31 09:40:57

On February 10, Shao Jun, founder and chairman of China Cement Network, visited Huaxin Cement Wuhan Business Center and was warmly received by Li Yeqing, president of Huaxin Cement, an old friend.

2023-02-10 20:54:28

On the afternoon of September 10, the "Multilateral Economic and Trade Forum of SCO Member States" was held in Dushanbe, the capital of Tajikistan. SCO Secretary-General Mezentsev, Prime Minister Rasulzoda of Tajikistan and other political and business representatives attended the forum. Li Yeqing, President of Huaxin Cement, delivered a keynote speech entitled "Promoting Win-win Cooperation and Achieving Common Development" at the forum. Energy security and new industrial technology cooperation, agriculture and food security, financial cooperation, logistics and transportation cooperation, and regional tourism development.

2014-09-12 16:22:58

What is happening in the cement industry?