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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.
Shareholders in Xinjiangtianshan CementLtd (SZSE:000877) Are in the Red If They Invested Three Years AgoNo Data
