Yatai Group's annual net profit in 2024 is expected to be-28-3.2 billion yuan. As a cement giant in Northeast China, although the price of cement business has rebounded, it may still suffer losses due to shrinking market demand; the pharmaceutical business is on the edge of profit and loss, which has little impact; the asset impairment of real estate business is the main cause of huge losses, such as the problem of capital recovery in subsidiaries and the impairment of real estate projects. In addition, the group is also involved in many sectors, with low profits or even losses in addition to financial investment. Yatai Group should focus on its main business, prudently diversify its operations, and avoid excessive occupation of resources in order to get out of the predicament of sustained losses.
2. A new round of kiln shutdown schedule for cement enterprises in Inner Mongolia is coming!
On January 22, the Office of Industry and Information Technology of Inner Mongolia announced the list of cement clinker production lines in 2024-2025, with a publicity period of 5 working days. The off-peak shutdown time of most production lines is from November 1, 2024 to March 31, 2025 (4 months). Non-carbide slag cement clinker enterprises will be shut down from April 1, 2025 to October 31, 2025 (213 days). The maximum operation time of carbide slag cement clinker enterprises is 151 days, and the minimum is 0 days.
. On January 22, Liu Hongtao, Secretary of the County Party Committee, led a team to Tapai Group to carry out pre-festival condolences. General Manager He Kunhuang thanked the county Party committee and the county government for their concern and introduced that the enterprise had maintained steady development through various measures in the past year. Liu Hongtao thanked Tapai for its contribution to the high-quality development of Jiaoling, extended New Year greetings to employees, understood the situation of the enterprise, and affirmed its good development trend under the severe situation. He said that in the new year, the county will promote related construction, and the county government will better serve enterprises. He hoped that Tapai would strengthen its confidence, give full play to its advantages, improve its competitiveness, and continue to contribute to the high-quality development of Jiaoling's economy.
Taiwan Cement Chongqing Factory launched a series of activities to welcome the Spring Festival, and held family mountaineering competitions and individual healthy running competitions in Hechuan Diaoyu City Scenic Area. Activities promote healthy lifestyle promotion, experience history and culture, and enhance team centripetal force. Taini Guang'an Factory organizes cultural and sports activities, including tug-of-war, mini-marathon around the artificial lake and women's two-person three-legged events. Nearly 100 employees participate in the activities. The activities provide a stage for employees to show, create a positive atmosphere, and enhance their sense of belonging and team cohesion. The activities of both places enrich the life of employees and show the vitality of enterprises.
After the 2025 working conference of Shanshui Group was held on January 17, the Group took prompt action to publicize the spirit of the conference. Pingyin, Anqiu, Binzhou, Linqu, Taiyuan, Jining, Huixian and other companies have held publicity meetings to refine the spirit of the meeting into their work through intensive learning and in-depth understanding. According to their own actual situation, each company has made clear the key direction of its work, such as focusing on improving operational efficiency, strengthening awareness and highlighting work orientation. At the same time, it emphasizes the integration of ideas and actions into the group's deployment, and the implementation of various tasks, so as to contribute to the high-quality development of the group.
6. Cement Network Survey: Summary of the Latest Survey of Cement Enterprises (1.23)
In 2024, the demand for cement was weak, but the price performance was good, and many enterprises turned around their losses or made profits. China Cement Network Cement Big Data Research Institute conducts online research, involving many aspects of the market. In Jiangsu region, the cement output of Suzhou declined year on year, the price fluctuated, and the enterprises were basically profitable throughout the year except for a few. Heilongjiang region is supported by a variety of projects, demand is growing against the trend, prices are rising well and enterprises are profitable. In 2025, the demand in Heilongjiang may decline, but the price is promising, while the situation in Liaoning and Jilin is slightly worse, and the peak staggering synergy has a significant impact on cement prices.
7. Cement Net Data: Port Coal Price Statistics (1.17-1.23)
The title of the article is "Cement Net Data: Port Coal Price Statistics (1.17-1.23)". The content is actually a statistical table of port coal prices on January 23, 2025. The prices of different types of coal (such as general bituminous coal) in the ports of Bohai Rim, East China, South China and other regions, including the closing price, the raising price and the selling price, are listed. At the same time, the prices corresponding to different calorific values of some types of coal are listed, and the price changes compared with January 16, 2025 are also given. More data can be found on the cement big data website.
on Estimated Loss of 2024 Annual Results of BBMG Group Co., Ltd. BBMG Group Co., Ltd. released the Announcement on Estimated Loss of 2024 Annual Results. According to the preliminary financial estimation, the net profit attributable to the shareholders of the listed company in 2024 is RMB -30,000 to RMB -600,000,000, and the net profit after deduction of non-recurring gains and losses is RMB -280,000 to RMB -310,000,000. Net profit attributable to shareholders for the same period of last year was RMB25.26 million. The main reason for the performance change is the overcapacity of the cement industry and the adjustment of the real estate market. During the reporting period, the sales volume of cement and clinker and the carry-over area of real estate decreased year on year. The forecast data is a preliminary calculation, subject to the official annual report.
