Jianfeng Group: Prices and Sales Volume of Cement and Clinker Products Decline in 2025

On January 27, Jianfeng Group issued a performance forecast for 2025. The company expects to achieve a net profit of about 460 million yuan, an increase of about 325.97% over the previous year, but the net profit after deducting non-recurring gains and losses is-215 million yuan, turning from profit to loss over the previous year. The substantial increase in net profit

attributable to the parent company was mainly due to non-recurring profit and loss items. The company recognized a large amount of investment income through the sale of shares of Tianshili Group, a shareholding company, which was included in the current profit and loss, and became the core factor to boost net profit. However, after deducting non-recurring gains and losses, the actual operating losses of the company's main business are significant.

In terms of cement business, due to the reduction of real estate investment, the slowdown of infrastructure investment growth and the downturn of the overall demand of the industry, the sales volume and price of cement products of the company are under downward pressure. During the reporting period, the company continued to carry out energy-saving and consumption-reducing transformation and strictly control product costs, but the price and sales volume of cement and clinker products decreased year on year.