On April 27, Shangfeng Cement issued a series of announcements to be renamed "Shangfeng Material", marking the effectiveness of its transformation and upgrading strategy. In 2025, with the decline of domestic cement volume and price, the company achieved a comprehensive gross profit rate of 28.89% and a net profit of 638 million yuan by cost control, an increase of 1.62% over the same period last year. In addition, since 2020, it has invested 2.16 billion yuan in semiconductor, new materials, new energy and other fields, and has also set up a company holding Meiqi Circuit to improve the business of new materials, filling in the second growth curve business layout of the five-year strategic planning objectives-new materials.
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