China Cement Association Holds Seminar on Merger and Reorganization of Key Cement Enterprises in Northeast China

2014-07-21 825 0人评论

  On July 18, the China Cement Association organized a seminar in Liaoyuan, Jilin, on the merger and reorganization of key cement enterprises in Northeast China. The Northeast Cement Development Forum held by the China Cement Association in Shenyang had just concluded at the end of June. That meeting conducted in-depth discussions on curbing new capacity and improving enterprise economic performance in the Northeast cement industry. This seminar on the merger and reorganization of key enterprises in Northeast China mainly aimed to implement the spirit of the previous forum and, in conjunction with the policy research project on China's cement industry development during the "13th Five-Year Plan" period being carried out by the China Cement Association, to conduct research and solicit opinions.

  The meeting was chaired by Kong Xiangzhong, Executive Vice President and Secretary-General of the China Cement Association. Relevant leaders from Beifang Cement, Yatai Group, Jidong Cement, Tianrui Cement, Shanshui Group, Daying Cement, Dalian Onoda and other enterprises attended the meeting. Based on the development of the cement market in Northeast China, the meeting focused on the importance of merger and reorganization to the future development of the cement industry in Northeast China, conducted innovative discussions on the methods and steps of merger and reorganization, and held in-depth and detailed discussions on optimizing the cement market environment.

  The meeting decided to establish a coordination group to promote the merger and reorganization of cement enterprises in Northeast China. Xu Defu, Vice President of the China Cement Association and President of the Jilin Cement Association, serves as the group leader; Wang Youchun, President of the Liaoning Cement Association, and Zhao Jun, President of the Heilongjiang Cement Association, serve as deputy group leaders. The members include Yatai Cement, Beifang Cement, Tianrui Northeast, Shanshui Northeast, Jidong Northeast, Daying Cement, Dalian Onoda and other cement enterprises.

  The meeting also discussed opinions on curbing new capacity in Northeast China and on reducing logistics costs for cement enterprises in the region, and proposed improvements and revisions to the "Plan for Promoting the Merger and Reorganization of Cement Enterprises in Northeast China." The meeting unanimously agreed that, given overcapacity in Northeast China, promoting enterprise merger and reorganization and innovating new business models will advance the development of the Northeast cement industry and create conditions for improving enterprise economic performance.

  The meeting required the cement associations of the three provinces to promptly implement the spirit of the meeting and propose approaches for advancing enterprise merger and reorganization and transforming marketing models in each province. Kong Xiangzhong summarized the meeting, fully affirming Northeast China's innovation in advancing market operation models through the concept of merger and reorganization. Through methods such as mutual shareholding and entrusted operation, the region effectively maintains market supply-demand balance and curbs vicious competition. He stated that Northeast China's practices provide good ideas and policy recommendations for formulating China's cement industry policy during the "13th Five-Year Plan" period, and that the China Cement Association will fully support the cement associations in Northeast China in promoting enterprise merger and reorganization. Most enterprise representatives attending the meeting expressed firm support for accelerating enterprise merger and reorganization in Northeast China and actively participating in marketing model innovation. Yu Benliang, Secretary-General of the coordination group, said that the "Plan for Promoting the Merger and Reorganization of Cement Enterprises in Northeast China" will be revised and improved based on the revision suggestions put forward by the meeting representatives.


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