Group 1 - Shenzhen Conch Green New Building Materials Co., Ltd. has been established with a registered capital of 30 million yuan [1] - The company's business scope includes sales of cement products, building materials, non-metallic minerals and products, and building decoration materials [1] - The company is jointly held by Conch Cement (600585) and others [1]

Summary of Conference Call on Conch Cement Industry Overview - The cement industry demand is nearing its bottom, with expectations of a narrowing decline over the next two to three years due to stable new construction in real estate, increased infrastructure, and rural self-built housing, leading to stable demand [2][4] - The cement industry has a significant overcapacity, with actual capacity around 2.2 billion tons against a designed capacity of 1.8 billion tons, resulting in a serious supply-demand imbalance [5] - Supply-side reforms are anticipated, with potential capacity reduction to around 1.6 billion tons, which could increase the capacity utilization rate from 50% to nearly 70%, significantly improving industry profitability [5][6] Financial Projections - The cement industry's profitability is expected to improve, with projected profits of approximately 24 billion yuan in 2024, over 30 billion yuan in 2025, and potentially reaching 40 billion to 50 billion yuan in the following years [2][6] - Conch Cement, as a leading enterprise, is expected to benefit significantly from these trends, with its profitability and profit contributions likely to increase [6] Carbon Trading Policy Impact - The gradual removal of free carbon quotas in the cement industry by 2027 will require companies to purchase carbon credits, favoring those with superior carbon emission control and ongoing technological upgrades, such as Conch Cement [7] Conch Cement's Competitive Advantages - Conch Cement has a low-cost advantage through its "T-shaped strategy," focusing on the Yangtze River region, with core production capacity concentrated in Anhui, achieving over 20% market share in East China and approximately 35% in the Yangtze River Delta [2][10] - The company maintains cost advantages in raw materials, fuel, depreciation, and labor, with costs per ton lower than industry leaders by about 30 yuan, and profits per ton exceeding industry levels by 20-30 yuan [11] Dividend Policy and Market Outlook - Conch Cement commits to maintaining a dividend payout ratio of over 50% for the next three years, with potential for this ratio to exceed 50% due to improved profitability and strong cash flow [3][15] - The stock price is expected to have further upside potential, with market capitalization projected to reach around 150 billion yuan [3][16] International Expansion - Conch Cement has established a presence in Central Asia and Southeast Asia, with plans to expand into Africa, currently holding nearly 30 million tons of overseas capacity, ranking first among Chinese enterprises [14] Conclusion - The cement industry is poised for gradual recovery, with Conch Cement positioned to leverage its competitive advantages and improve profitability, supported by favorable market conditions and strategic initiatives.

Group 1 - The company, Conch Cement (600585), announced plans to hold a semi-annual performance briefing on September 12, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 於其他市場發佈的公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第 13.10B 條而作出。 茲載列安徽海螺水泥股份有限公司在上海證券交易所網站刊登的《關於召開 2025 年 半年度業績說明會的公告》，僅供參閱。 承董事會命 安徽海螺水泥股份有限公司 聯席公司秘書 安徽海螺水泥股份有限公司 ANHUI CONCH CEMENT COMPANY LIMITED （在中華人民共和國註冊成立之股份有限公司） （股份代號：00914） 虞水 中國安徽省蕪湖市 二零二五年九月四日 截至此公告日，本公司董事會成員包括 (i) 執行董事楊軍先生、朱勝利先生、李群峰 先生、虞水先生及吳鐵軍先生； (ii) 獨立非執行董事屈文洲先生、何淑懿女士及韓旭 女士； (iii) 職工董事凡展先生 证券代码：600585 证券简称：海螺水泥 公告编号：临 2025-26 安徽海螺水泥股份有限公司 Anhui Conch C ...

证券代码：600585 证券简称：海螺水泥 公告编号：临 2025-26 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 关于召开 2025 年半年度业绩说明会的公告 重要内容提示： 会议问题征集：投资者可于 2025 年 9 月 5 日（星期五）至 9 月 11 日（星期 四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 dms@chinaconch.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 安徽海螺水泥股份有限公司（以下简称"公司"）已于 2025 年 8 月 26 日收市 后在上海证券交易所（以下简称"上交所"）网站发布公司 2025 年半年度报告，在 香港联合交易所有限公司及本公司网站发布 2025 年半年度业绩公告。为便于广大投 资者更加全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 12 日（星期五）9:30-11:30 举行 2025 年半年度业绩说明会，在信息披露允许 的范围内就广大投资者普遍关心的问题进行交流 ...

Group 1 - Wuhu Baima Shanha New Building Materials Co., Ltd. has been established with a registered capital of 80 million yuan, focusing on the manufacturing and sales of cement products and non-metallic mineral products [1][2] - The company is wholly owned by Anhui Conch Cement Co., Ltd. (stock code: 600585) through indirect holdings [1][3] - The business scope includes the manufacturing of new building materials (excluding hazardous chemicals), cement products, and silicon structural components [2][3] Group 2 - Anhui Conch Cement Co., Ltd. holds a 95% stake in the new company, while Wuhu Conch Cement Co., Ltd. holds the remaining 5% [3] - The company is registered in Wuhu City, Anhui Province, and is classified under the manufacturing industry [2]

Core Viewpoint - Conch Cement's stock price has experienced fluctuations, with a recent decline of 2.03% and a total market capitalization of 125.43 billion yuan, indicating a mixed performance in the market [1] Group 1: Stock Performance - As of September 3, Conch Cement's stock price was 23.67 yuan per share, with a trading volume of 4.81 billion yuan and a turnover rate of 0.50% [1] - Year-to-date, the stock price has increased by 2.60%, but it has decreased by 3.86% over the last five trading days [1] - The stock has shown a 1.28% increase over the last 20 days and a 7.35% increase over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Conch Cement reported operating revenue of 41.29 billion yuan, a year-on-year decrease of 9.38%, while net profit attributable to shareholders increased by 31.34% to 4.37 billion yuan [2] Group 3: Shareholder and Dividend Information - Since its A-share listing, Conch Cement has distributed a total of 82.72 billion yuan in dividends, with 16.66 billion yuan distributed in the last three years [3] - As of June 30, 2025, the number of shareholders increased to 224,100, with an average of 0 circulating shares per person [2] - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 193 million shares, an increase of 1.01 million shares from the previous period [3]

格隆汇9月3日丨根据联交所最新权益披露资料显示，2025年8月29日，海螺水泥(00914.HK)遭The Capital Group Companies, Inc.在场内以每股均价24.5406港元 减持813.7万股，涉资约2亿港元。 减持后，The Capital Group Companies, Inc.最新持股数目为115,776,000股，持股比例由9.53%下降至8.91%。 | 股份代號: | 00914 | | --- | --- | | 上市法國名稱: | 安徽海螺水泥股份有限公司 - H股 | | 日期 (日 / 月 / 年): | 03/08/2025 - 03/09/2025 | | 表格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 費出或涉及的 每股的平均價 | | | | 持有權益的股份數目 佔已發行的 有關事件的日期相 | | | --- | --- | --- | --- | --- | --- | --- | | | 冷分享信 | | | | 品,是一般都能 | 有投票權股(日 / 月 / 年) 權 | | | | | | | | 份自分比 | | CS20 ...

Group 1 - The Capital Group Companies, Inc. reduced its stake in Conch Cement (00914.HK) by selling 8.137 million shares at an average price of HKD 24.5406 per share, totaling approximately HKD 200 million [1][2] - Following the sale, The Capital Group's shareholding decreased from 9.53% to 8.91%, with the total number of shares held now at 115,776,000 [1][2]

Group 1 - The Capital Group Companies, Inc. reduced its stake in Conch Cement (600585) by selling 8.137 million shares at an average price of HKD 24.5406 per share, totaling approximately HKD 200 million [1] - After the reduction, the latest holding amount is approximately 116 million shares, representing a holding percentage of 8.91% [1]