On September 10, some investors asked Tapai Group, please introduce the company's cost control measures and whether there is room for subsequent cost reduction?
Tapai Group said that the company started the work of reducing costs and increasing efficiency around June 2022, and continued to make solid progress in the past three years. By streamlining the organization and optimizing personnel, clearing inefficient production capacity and shutting down low-quality enterprises, the company continued to slim down and strengthen its body, lighten its burden, and effectively reduce various costs. Since the beginning of
this year, with the continuous decline in the purchase price of coal, the cost of cement has declined accordingly, and it is expected that the cost of coal will continue to decline in the third quarter. At the same time, the company continued to strengthen market research and judgment, scientific response, flexible marketing, precise policy implementation, effectively expand the market, tap the market potential, and spare no effort to cope with the fierce competitive environment in the industry.
At present, the Company continues to reduce costs by strengthening internal management, such as reducing electricity prices through photovoltaic energy storage, reducing coal consumption through alternative fuels, reducing raw material costs through solid waste disposal, and improving efficiency through intelligent transformation. It is expected that there will still be room for cost reduction in the future.
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