Xinjiang Tianshan Cement (000877.SZ): Shenzhen Stock Exchange terminates its review of the company's application for issuing convertible bonds.
On August 7, 2024, Xinjiang Tianshan Cement (stock code 000877.SZ) received the 'letter of concern' issued by the Shenzhen Stock Exchange regarding the company's disclosure obligations, and has taken corresponding remedial measures.
CNBM subsidiary plans to acquire a comprehensive cement enterprise in Tunisia for $0.13 billion.
CNBM (03323) announced that on July 26, 2024, China National Building Material Cement (the company's subsidiary) entered into a share purchase agreement with Votorantim Cimentos, agreeing to sell all shares of Société Les Ciments de Jbel Oust to China National Building Material Cement, with a total consideration of approximately $0.13 billion (subject to certain adjustments) after the share acquisition delivery, the target company and its subsidiary GJO will become indirect subsidiaries of the company. As of the date of this announcement.
Tianshan Material (SZSE:000877) Stock Falls 4.3% in Past Week as Three-year Earnings and Shareholder Returns Continue Downward Trend
Xinjiang Tianshan Cement (000877.SZ): Currently, the cement industry has not yet been officially included in the national carbon trading market.
On July 19th, Tianshan Cement (000877.SZ) stated during an investor relations event that the cement industry has not yet been officially included in the national carbon trading market, and the company will continue to monitor national carbon trading policies while actively preparing for them. In the future, the cement industry's inclusion in the national carbon trading market will have a significant impact on cement companies in terms of production, operation, data management, and trading costs. The company attaches great importance to the 'dual carbon' work and plans to reduce carbon emissions at the source, lower the carbon footprint during the production process, fix carbon at the end, and manage the carbon footprint of the entire process. It is actively involved in policy research related to the cement industry's inclusion in the national carbon trading market.
Xinjiang Tianshan Cement (000877.SZ): The third quarter is still weak, and it is expected that demand will improve month-on-month during the traditional peak season in the fourth quarter.
On July 19th, Gelunhui reported that Xinjiang Tianshan Cement (stock code: 000877.SZ) stated in an investor relations activity that national cement demand would continue to decline sharply in the first half of 2024 based on two years of continuous decline, with a year-on-year decline of more than 10% in the first half of the year and still weak in the third quarter. The traditional peak season in the fourth quarter is expected to improve over the previous year. National cement prices showed a trend of high and low in 2023, with prices continuing to fall and fluctuate at a low level in the first quarter of 2024. Cement prices in the parts of the country where the company's business is located began to rebound in May this year, with a narrower year-on-year decline. In June, prices continued to rise, indicating a positive trend. The cement industry
Xinjiang Tianshan Cement (000877.SZ): Domestic cement companies experienced a large loss in the first quarter, with a strong desire to increase prices to offset the losses.
Xinjiang Tianshan Cement (000877.SZ) stated in an investor relations activity that there are many factors affecting the increase in cement prices in the Yangtze River Delta region. The main factors include the pressure of declining demand, new national cement standards, rising costs due to increased investment in green and low-carbon transformation, etc. In addition, the policy of staggered production has been implemented, and cement production has decreased. At the same time, domestic cement enterprises had a large loss in the first quarter, and the desire to raise prices to stop the loss was stronger. Based on the partial regional price rebound in the second quarter, the upward trend of cement prices continues to be promoted.
Xinjiang Tianshan Cement (000877.SZ): In recent months, the cement prices in the northeastern region have increased due to strict off-peak production from the supply side.
Xinjiang Tianshan Cement (000877.SZ) stated in an investor relations event on July 19 that the cement industry in the Northeast region has experienced years of depression, with prices falling to a historical low in recent years. Faced with a severe market situation, it is urgently needed to take positive measures to reduce production capacity and improve quality. In recent months, through strict off-peak production on the supply side, cement prices have risen.
GTJA: Shifting the pricing policy improves the bottom price expectations for cement
Since mid-to-late May, multiple regions across the country have successively introduced staggered peak plans and promoted regional price recovery. Looking ahead, with the increase in coordination among enterprises within the regions, the execution intensity of staggered peaks is expected to increase and the market is expected to recover.
Xinjiang Tianshan Cement (000877.SZ): plans to apply for the registration and issuance of no more than 10 billion yuan of medium-term notes.
Xinjiang Tianshan Cement (000877.SZ) announced on July 15th that in order to meet the capital needs of the company's operations, further expand financing channels, reduce financing costs, and adjust cash flow, the company plans to apply to the National Association of Financial Market Institutional Investors of Bank of China for the registration of medium-term notes with a total scale of no more than 10 billion yuan (inclusive). After successful registration, they will issue them at an appropriate time based on the market interest rate and the company's capital needs.
Tianshan Material: 2024 Interim Performance Forecast
On July 9th, A-share lightning rod: Tengyima's shareholder Nanjing Lesui intends to reduce its shareholding by no more than 1%; Xinjiang Tianshan Cement predicts a loss of 2.9-3.5 billion yuan in the first half of the year.
Nanjing Lesui, a shareholder of Tianyima, intends to reduce its shareholding by no more than 1%. Guizhou BC&TV Information Network said it expected a loss of 380 million yuan to 490 million yuan in the first half of the year, while Xinjiang Tianshan Cement expected a loss of 2.9 billion yuan to 3.5 billion yuan in the first half of the year. ST Furun's stock may be delisted due to its stock price falling below 1 yuan.
Express News | Tianshan Material Says It Sees H1 Net Loss at 2.9-3.5 Bln Yuan
Xinjiang Tianshan Cement (000877.SZ): Expected to lose between 2.9 billion yuan and 3.5 billion yuan in the first half of the year.
On July 8th, Gelunhui reported that Xinjiang Tianshan Cement (000877.SZ) announced its performance forecast for the first half of 2024. Net income attributable to shareholders of listed companies is expected to be a loss of CNY 2.9 billion to CNY 3.5 billion, a profit of CNY 141.7479 million in the same period last year; the net income after deducting non-recurring gains and losses is expected to be a loss of CNY 3.2 billion to CNY 3.9 billion, a loss of CNY 409.6625 million in the same period last year; the basic earnings per share are expected to be a loss of CNY 0.3347 to CNY 0.4040. The main reason for the performance change compared with the same period last year is that the company actively strengthened cost control, coal and other main raw material prices compared with the same period last year.
Tianshan Material (SZSE:000877) Has No Shortage Of Debt
BT Financial Report Instant Analysis: Comprehensive Analysis of Financial Data from Xinjiang Tianshan Cement 2024 1Q Report.
Xinjiang Tianshan Cement (stock code: 000877) is an enterprise mainly engaged in cement production and sales, and has occupied an important position in the industry in recent years. The company is committed to improving operational efficiency through refined management, cost reduction, optimization and upgrading. However, the financial report data in the first quarter of 2024 showed significant fluctuations in several key financial indicators. In Q1 2024, Tianshan Cement's total assets were CNY 300.571 billion, an increase of 1.98% over the end of the previous year's CNY 294.722 billion. However, the company's liabilities also increased from CNY 194.18 billion at the end of the previous year.
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