Fujian Cement: Take "the first effort" to reduce and control losses, and strive to turn losses into profits

2026-06-11 09:08:50

Influenced by multiple uncertainties such as industry demand and market price, it is impossible to determine the specific time of normal profitability.

On June 9 , Fujian Cement received online questions from investors, some of whom asked when the company would make normal profits.

Fujian Cement said that due to multiple uncertainties such as industry demand and market price, it is impossible to determine the specific time for normal profitability. The management will continue to keep a close eye on the operating indicators, continuously improve the business quality and efficiency by maintaining the advanced energy efficiency indicators, focusing on technology cost reduction, management cost reduction and policy cost reduction, and strive to turn losses into profits by reducing and controlling losses with "the first effort".

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Influenced by multiple uncertainties such as industry demand and market price, it is impossible to determine the specific time of normal profitability.

2026-06-11 09:08:50

On June 26, 2024, according to the application of Shanghai Yinxin Financing Guarantee Co., Ltd. (Hereinafter referred to as "Yinxin Guarantee Company"), the Third Intermediate People's Court of Shanghai (hereinafter referred to as "the Third Intermediate People's Court") issued a civil ruling (2024) Hu 03 Po 584. Ruled to accept the bankruptcy liquidation of Shanghai Jiufeng Cement Co., Ltd. (Hereinafter referred to as "Jiufeng Company or the debtor"), and appointed Shanghai Huitong Liquidation Affairs Co., Ltd. as the administrator of Jiufeng Company (hereinafter referred to as the "administrator") on July 8, 2024 with the decision (2024) Hu 03 Po 584.