BBMG Group: Cement Prices in Areas Covered by the Company Stop Falling and Stabilize

On September 25, Jinyu Group issued a record of investor relations activities. In terms of

cement prices , Jinyu Group said that since the second half of the year, cement prices have declined due to the reduction of new real estate construction area, high temperature rainy season and industry involution. Since late August, in order to improve profits, the company has promoted the recovery of prices in Beijing, Tianjin, Hebei, Shandong, Shanxi, Henan, Chongqing, Hunan and Eastern Heilongjiang. At present, the price of cement has stopped falling and stabilized. With the recovery of demand in the golden nine and silver ten, the favorable factors of cement price recovery have been further accumulated . In terms of

mergers and acquisitions, Jinyu Group said that the company steadily implemented market-oriented integration to enhance the core competitiveness of the Northeast region. At the end of 2024 and the beginning of 2025, Shuangyashan Company and Liaoning Hengwei Group were acquired successively. Up to now, the acquisition has achieved good results . In the first half of the year, the profits of the two companies were further improved. Through management and technology empowerment, after deducting coal price factors, the production cost of cement clinker of the two companies decreased by 20 yuan/ton and 12 yuan/ton respectively in the first half of the year.