Core Viewpoint - Western Cement (02233) has seen a significant increase in its stock price, reaching a historical high of 3.1 HKD, driven by substantial growth in its overseas business operations [1] Group 1: Company Performance - In the first half of the year, Western Cement's overseas business scale grew significantly, with a total cement production capacity of 13.6 million tons in countries such as Ethiopia, Uzbekistan, Mozambique, Congo, Rwanda, and Tanzania, representing an 86.3% year-on-year increase [1] - The cement production capacity utilization rate in overseas markets reached 61.3% in the first half of 2025, an increase of 20.2 percentage points compared to the same period last year [1] Group 2: Market Outlook - Changjiang Securities highlights that the African cement market has substantial space and high prosperity, with profitability significantly exceeding that of the domestic market, making it a new blue ocean for domestic companies [1] - Western Cement has multiple ongoing and planned projects in the African market, which are expected to contribute significantly to the company's performance once they are operational [1]
西部水泥涨超4%创历史新高 非洲水泥市场空间大 公司海外产能显著提升