Recently, Tianshan Material said in an exchange with investors that the highlights of its business in the first half of 2026 were mainly reflected in the following aspects:
1. The management of Sanjing continued to deepen, and the effect of cost reduction and cost control was remarkable. The company optimized and strictly controlled capital expenditure, with capital expenditure of 3.5 billion yuan in the first half of the year, down about 2 billion yuan from the same period last year. Strengthen procurement management and consolidate the achievements of supply chain reform. Continuously improve the ability of financial management, cost control is effective. Selling expenses decreased by 17.80% and financial expenses decreased by 11.75% year on year. The internal synergy of the three major businesses continued to deepen, and the sales cost of cement clinker , commercial mixing and aggregate continued to decrease, and the operation performance showed resilience.
2. Breakthroughs have been made in transformation and upgrading, and efforts have been accelerated to subdivide the track. In terms of high-end business, relying on Jiahuateshui as a special cement business platform, we will continue to cultivate and subdivide the track. The company speeds up the construction of special cement production base and expands the business of new materials through the way of "technical response + project customization". Sales of special cement increased year on year. In the first half of the year, sales of oil and gas field materials, special engineering materials, decoration and maintenance materials increased to varying degrees, and oil well cement and chemical products successfully expanded new overseas markets. Digitalization has been promoted in depth, and online business has made steady progress. The company speeds up the construction of a unified digital platform, launches a new driver-side small program, further improves the ecological closed-loop of the external sales service platform, and actively expands the category of building materials. Greening is progressing smoothly. In the first half of 2026, the company promoted cement products with "China Low Carbon Product Certification" and commercial concrete products with "Green Building Material Product Certification" to the market, among which the sales volume of cement products with green attributes exceeded 30 million tons.
3. Positive layout of international business and steady growth of overseas revenue. In the first half of the year, overseas companies sold 1.54 million tons of cement clinker, an increase of 57% over the same period last year, achieving an increase of 70% in operating income and a gross profit rate of 46.70%, verifying the profit potential of the internationalization strategy. In terms of project layout, the 3500t/d clinker cement production line construction project in Aktobe, Kazakhstan has been promoted; companies in Zambia and Tunisia have successively implemented "cement + commercial mixing" and "cement + aggregate" integration formats; the Tunisia project has achieved a year-on-year increase in comprehensive sales of cement clinker, reduced production costs and enhanced quality stability. Overseas ESG construction has been accelerated synchronously, and the ability of transnational operation and resource integration has been continuously improved.
In the second half of the year, the cement industry is still facing challenges such as weak momentum of domestic demand recovery, deep adjustment of real estate, and many uncertainties in the pressure of steady growth. With the continuous implementation of more active and powerful macro-policies and the further deepening of anti-involution policies and consensus, the industry has gradually entered the stage of structural differentiation and optimization and upgrading. The industrial chain has accelerated its transformation towards intellectualization, greening and integration. Tianshan Stock Company has given full play to its group advantages, scale advantages, industrial chain advantages, location and brand advantages, and technological advantages, dynamically optimized the allocation of resources, and enhanced its differentiated competitive advantages in the expansion of the track. It will consistently promote the ecological construction of the industry and the structural reform of the supply side with the core of improving profitability. Promote the improvement of the quality and efficiency of the industry and the company, and give back to the majority of shareholders.
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