Conch Cement Holds 2024 Annual Results Presentation in Hong Kong
Time：2025-03-31 17:25
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March 27, Hong Kong - Conch Cement convened its 2024 annual results conference, chaired by Chairman Yang Jun alongside senior management including General Manager Li Qunfeng, Deputy General Managers Wu Tiejun and Yu Shui (who concurrently serves as Board Secretary. The event attracted approximately 80 investors and analysts from global institutions including Citigroup, Morgan Stanley, BofA Securities, Goldman Sachs, and Millennium Capital.
?Operational Highlights & Industry Outlook?
Executives outlined the cement sector landscape and corporate performance in 2024, projecting 2025 development trajectories. Despite market complexities, the company achieved RMB 91 billion in revenue with RMB 7.696 billion net profit attributable to shareholders through:
Integrated operation of core cement business and vertical supply chains
Digital transformation and green manufacturing initiatives
Precision cost optimization and market-responsive strategies
?Strategic Dialogue?
During the Q&A session, management engaged in-depth discussions on:
Regulatory impacts of emission/energy consumption controls
ESG implementation roadmap
International expansion through strategic M&A
Shareholder value enhancement mechanisms
Chairman Yang emphasized: "Current policy frameworks - including anti-involution competition guidelines and carbon neutrality mandates - are reshaping industry dynamics. We remain committed to operational excellence while cultivating innovation-driven growth."
?Investor Outreach?
Concurrent side events featured 20+ bespoke meetings with global asset managers including Capital Group, BlackRock, Fidelity International, and La Fran?aise AM, focusing on capital allocation strategies and sustainable development commitments.