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CITIC SEC: It is the right time for Cement to go global, and domestic companies are expected to increase market share due to strong cost advantages.
CITIC SEC released a Research Report stating that the domestic Cement Industry is facing challenges from weak downstream demand, with market competition becoming increasingly intense, and Cement prices continuously declining.
China Tianrui Group Cement Appoints Chairman
LI LIUFA, a non-executive Director of CHINA TIANRUI (01252.HK), has been appointed as Chairman.
Gelonghui, February 25th丨CHINA TIANRUI (01252.HK) announced that Mr. Li Xuanyu has resigned from his position as Executive Director and Chairman of the Board of Directors to focus on Other work, effective February 25, 2025. The Board of Directors also announced that Mr. Li Liufa, a non-executive director of the company, has been appointed as Chairman, effective February 25, 2025.
Express News | China Tianrui Group Cement - Li Liufa Appointed as Chairman
CICC's outlook for the construction Industry in 2025: Seeking stability and progress.
Focus on the centrally-owned construction enterprises with relatively stable fundamentals, which benefit from the new regulations on debt reduction and Market Cap management.
China Tianrui Group Cement Company Limited (HKG:1252) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected