TSC(SZ:000877)2023-03-30 11:22Group 1: Market Demand and Pricing - The overall demand for cement in 2023 is expected to remain stable with slight improvements, supported by government infrastructure investments and the recovery of the real estate sector [1] - Regional price differences for cement are noted, with the Yangtze River Delta and Pearl River Delta markets recovering gradually post-Spring Festival, while northern markets remain weak [2] - The average cement price in 2022 experienced fluctuations, with expectations for a low-to-high trend in 2023 [2] Group 2: Production Capacity and Cost Management - The company has a clinker production capacity of 320 million tons, ready-mixed concrete capacity of 400 million cubic meters, and aggregate capacity of 230 million tons, with a focus on optimizing layouts in core profit areas [2] - Coal prices in 2023 are expected to remain high but stable, with strategies in place to manage costs through strategic partnerships and alternative sourcing [2] - The company is enhancing its production efficiency through smart factory initiatives, aiming to reduce energy consumption and maintenance costs [3] Group 3: Strategic Development and Internationalization - The company plans to establish a world-class cement enterprise, focusing on high-end, intelligent, and green transformation during the 14th Five-Year Plan period [4] - Internationalization efforts include market research and the development of an international investment and management system, with a focus on mergers and acquisitions [4] - A joint venture with Jidong Cement aims to implement national capacity reduction policies and promote structural reforms in the regional cement industry [3]