上峰水泥(000672) - 2023年3月8日投资者关系活动记录表

Group 1: Shipping and Production - After the Spring Festival, daily shipping volume in the East China region has steadily increased, recovering to over 80% of normal levels since March, while the Southwest region has reached over 60% [1] - The Northwest region, including Ningxia, has begun to gradually increase sales [1] Group 2: Coal Procurement and Pricing - Coal procurement prices vary by region, with lower prices in the Northwest due to proximity to coal production areas, while East and Southwest regions face higher prices [2] - The company is implementing measures to stabilize production costs, including improving energy efficiency and expanding direct procurement channels [2] Group 3: Aggregate Production and Profitability - The company’s aggregate gross margin is high due to abundant and low-cost mineral resources, particularly in East China where aggregate prices are relatively high [2] - Current annual aggregate production capacity is approximately 20 million tons, with a planned target capacity of 30 million tons [2] Group 4: Market Outlook - The overall market outlook for cement demand and pricing is optimistic, with expectations for recovery compared to last year [3] - Infrastructure projects are resuming, leading to a gradual increase in cement shipping volumes, while prices are also showing a slight upward trend post-Spring Festival [3] Group 5: Environmental and Carbon Reduction Initiatives - The company aims to achieve an annual disposal capacity of 1 million tons through collaborative environmental projects at its facilities [3] - Long-term carbon reduction strategies include utilizing renewable energy sources and improving energy efficiency through various technological upgrades [3] Group 6: Investment in New Economy Sectors - The company plans to invest up to 500 million RMB annually in new economy sectors, focusing on projects related to renewable energy and technology [4] - Investment strategies emphasize strict budget control and risk management, utilizing professional investment institutions for project evaluation [4]