Shao Jun, Chairman of China Cement Network, and His Delegation Visited Fujian Yongan Wannian Cement

Recently, Shao Jun, Chairman of China Cement Network, and his delegation visited Fujian Yongan Wannian Cement Co., Ltd. and were warmly welcomed by Li Jinzhi, General Manager of the company. The two sides discussed the development situation of Fujian cement industry.

Li Jinzhi said frankly that at present, many enterprises in the cement industry have not changed their business philosophy and are still persistent in price war, while the endless low price involution will only make all parties in the industry lose more than they gain. During the exchange,

the two sides agreed that the scale of the industry will continue to shrink under the background of the long-term downturn of the national cement demand. If enterprises do not take the initiative to transform and adjust, vicious competition will continue to lower market prices, and the industry may enter a comprehensive loss cycle. At present, some enterprises are in trouble, such as being on the verge of shutdown and bankruptcy, idle equipment, loss of shareholders, and wage arrears of employees. Only by promoting the systematic integration of the industry and clearing the backward and ineffective production capacity, can we slow down the pace of the industry recession and stabilize the survival and development space for high-quality enterprises.

In the future, the two sides will continue to strengthen communication and cooperation and work together to promote the high-quality development of the industry.