1.21 Cement Morning Post: Yatai Group is expected to lose 2.8-3.2 billion yuan in 2024; Wang Lei is appointed as the chairman of Northern Cement; cement prices are lowered in many places

2025-01-21 07:02:03

What is happening in the cement industry?

1, Yatai Group: Expected loss of RMB2.8 billion to RMB3.2

billion in 2024 On the evening of January 17, Yatai Group (600881. During the reporting period, the demand for cement declined, the price first declined and then rose and increased year-on-year, and the company's building materials industry reduced losses year-on-year. However, due to weak market demand and intensified competition, the company will still lose money, resulting in a loss in its overall operating performance in 2024.

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5. Cement Network Weekly Report: The 3rd Cement & Construction Steel Market Monitoring Weekly Report in 2025 (1.13-1.19)

The 3rd Cement & Construction Steel Market Monitoring Weekly Report in 2025 (1.13-1.19). The key contents are: the National Cement Price Index (CEMPI) closed at 124.47 points, down 2.41% on a month-on-month basis and up 12.02% on a year-on-year basis; the Yangtze River Cement Price Index (YRCEMPI) closed at 119.95 points, down 4.09% on a month-on-month basis and up 7.81% on a year-on-year basis; The National Clinker Price Index (CLKPI) closed at 129.49 points, representing a month-on-month decrease of 2.03% and a year-on-year increase of 16. It mainly showed the rise and fall of the cement-related price index in the current period.

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Correlation

He Xiaolong applied to resign from the position of director of the Company due to job adjustment; Wang yuan applied to resign from the position of chief financial officer of the Company due to job adjustment and continued to serve as the vice president of the Company; Chen Zengfu applied to resign from the position of vice president of the Company due to reaching the retirement age and no longer served as any position of the Company.