12, Jinyu Group disclosed the record of investor activities.
As for how to view the demand for cement in 2025, Jinyu Group said that the new construction area of real estate and the area of land acquisition will decline sharply in 2024, real estate will continue to drag down the demand for cement in 2025, local governments will increase the issuance quota of special bonds, municipal and transportation projects that have been suspended in the early stage or will be restarted. Urban renewal projects are expected to accelerate, release some demand, hedge the decline in real estate, and the decline in demand is expected to narrow to 5% -8% in 2025. On the issue of overproduction in the
cement industry, Jinyu Group said that according to the Ministry of Industry and Information Technology's "Measures for the Implementation of Capacity Replacement in the Cement and Glass Industry (2024 edition)" and "Notice on Matters Relating to Capacity Management", the requirements for capacity replacement are stricter, requiring that the actual daily output of the production line should not exceed 110% of the registered capacity, and that the actual daily output of the production line should not exceed 110% of the registered capacity. By the end of 2025, the overproduction capacity needs to be supplemented with production capacity indicators. It is expected that in 2025, a large number of overproduction capacity indicators will be supplemented through capacity replacement in the cement industry, which will be conducive to accelerating the withdrawal of inefficient production capacity. The company is actively promoting related work.
At the same time, with the "involution" vicious competition in the industry in 2023 and 2024, resulting in a continuous sharp decline in efficiency, it is expected that in 2025, the industry's awareness of normalization, self-discipline and peak staggering will be further enhanced, and the contradiction between supply and demand is expected to gradually improve.
浙公网安备33010802003254号