of Conch Cement, Yu Shui, executive director and general manager, and Pan Zhonghong, deputy general manager, attended the meeting. About 80 investors and analysts from Citigroup, Bank of America Merrill Lynch, UBS, Morgan Stanley, Goldman Sachs and other well-known securities firms and investment institutions attended the meeting.
At the meeting, the company first introduced the general situation of the cement industry and the company's business development in 2025, and looked forward to the industry situation and the company's business development in 2026. In 2025, the company actively responded to multiple internal and external challenges, anchored the year-round target tasks, strengthened the overall planning of business development, deepened the control of cost benchmarking, promoted the integrated operation of the industrial chain, and made precise efforts to promote the quality and efficiency of investment development, the layout of the main cement industry at home and abroad continued to improve, the industrial chain extended, classified and orderly promoted, and the "cement plus" industry. The annual operating performance broke through against the trend, realizing operating income of 82.5 billion yuan and net profit of 8.113 billion yuan.
During the question-and-answer session, investors, analysts and company management had in-depth exchanges on industry situation, industrial policy, investment development, shareholder returns and equity incentives. During the exchange, Yang Jun expressed his gratitude to the investors and analysts who have long cared about and supported the development of Conch Cement, and hoped that investors would continue to pay attention to the development of the cement industry and the company. During its
stay in Hong Kong, the company also held more than 20 "one-to-one" and group meetings with Point72, Millennium Capital, Fidelity International, Castle Investment, Baijun Capital and other well-known international investment institutions.
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