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Announcement on the Subsidiary's Receipt of the Administrative License Receipt Form and Commissioning of Trial Production

Release time:

2021-05-20

Securities Abbreviations: Jianfeng Group Securities Code: 600668 No.: Pro 2020-024

Zhejiang Jianfeng Group Co., Ltd.

Announcement

on Subsidiary's Receipt of Administrative License Form and Trial Production The Board of Directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and assume individual and joint responsibility for the truthfulness, accuracy and completeness of its contents.

Important Content Reminder:

According to "Implementation Measures of the People's Republic of China Industrial Product Production License Management Regulations", this received to "Administrative License Acceptance Form", marking that Guizhou Huangping Jianfeng Cement Co., Ltd. 4500 tons of cement clinker new dry cement production line has been put into trial production, can carry out cement (trial products) production, sales, will help to further expand the company's cement business scale, enhance the company's core competitiveness.
Risk Warning: It will take some time for the project to reach full production from trial production , and it will still need to obtain a formal production license , and there are operational risks such as cement market fluctuation, production line running-in, product sales price and raw material price fluctuation. Please pay attention to the investment risks.
Recently, Guizhou Huangping Jianfeng Cement Co., Ltd. (hereinafter referred to as "Guizhou Jianfeng"), a wholly-owned subsidiary of Zhejiang Jianfeng Group Co., Ltd. (hereinafter referred to as "the Company"), received the "Administrative License Acceptance Form" (Acceptance Form No.: (State) Municipal Supervision (2020) Xu shengzi (004232)) issued by Guizhou Provincial Market Supervision Administration. The relevant information is hereby announced as follows:
Overview of the Basic Situation of 1. Project
On December 29, 2018 , the 9th meeting of the 10th board of directors of the company passed the "Proposal on the Company's Foreign Investment". The company plans to invest in the acquisition of 100 of Guizhou Huangping Gu Longmingchuan Cement Co., Ltd. (hereinafter referred to as "Guizhou Mingchuan", now renamed as "Huangping Jianfeng Cement Co., Ltd." ), and continue to invest in the construction of a new dry cement production line with a daily output of 4500 tons of cement clinker (with waste heat power generation). For the above matters, please refer to the announcement on the company's foreign investment of the company disclosed on the website of Shanghai Stock Exchange on January 3, 2019, and the announcement on the progress of the company's foreign investment and the entry into force of the agreement disclosed on the website of Shanghai Stock Exchange on February 28, 2019.
2. the progress of the project and its impact on the company
After the acquisition, the company strongly supported the construction of the cement project in terms of capital, manpower, technology and other aspects, and orderly promoted the project infrastructure construction, equipment installation and commissioning, and raw materials Bidding and other work . Recently, Guizhou Jianfeng received the "Administrative License Acceptance Form" issued by Guizhou Market Supervision and Administration Bureau (Acceptance Form No.: (State) Municipal Supervision (2020) Xu Shenzi (004232)).
According to the Measures for the Implementation of the Regulations on the Administration of Production Licenses for Industrial Products in the People's Republic of China, the "Administrative Licensing Approval Form" was received this time. marks that Guizhou Jianfeng 4500-ton cement clinker new dry cement production line has been put into trial production , which can produce and sell cement (trial products). helps to further expand the company's cement business scale and enhance the company's core competitiveness.
3. Risk Tips
In recent years, thanks to the implementation of policies such as the country's vigorous elimination of inefficient production capacity, improvement of safety and environmental protection standards, and implementation of peak-shift production, the overall situation of the cement industry has been running well. However, the overall surplus situation of my country's cement industry has not been fundamentally changed, and the competition is fierce; and the cement industry is highly dependent on fixed asset investment and the construction industry, and there is a certain degree of uncertainty in the cement market demand.
It will take some time for the project to reach full production from trial production , and it will still need to obtain a formal production license . Moreover, there are operational risks such as cement market fluctuation, production line running-in, product sales price and raw material price fluctuation. Please pay attention to the investment risks.

This is to announce
Zhejiang Jianfeng Group Co., Ltd.
Board of Directors
September 17, 2020

More information

2022 China's Top 100 Building Materials Enterprises 2022 China's Top 100 Cement Clinker Production Capacity Peak even on two authoritative lists

In March, the authoritative organization of the cement industry successively released two series of lists of China's top 500 building materials enterprises in 2022 and China's top 100 cement clinker production capacity in 2022. Jianfeng Group ranked among the "top 100" in the two lists ". The list of China's top 500 building materials enterprises was officially released in early March. This series of lists was selected by the China Building Materials Enterprise Management Association. Through more than 20 years of comprehensive data research on China's building materials industry, referring to international practices, the rankings are based on the company's annual operating income., Cement products, building ceramics, waterproof materials, aluminum-plastic profiles, coatings, glass, building materials equipment manufacturing and other sub-industries related to building materials. Jianfeng Group ranks 96th among the companies on the list and 27th among the cement manufacturers on the list. On March 16, the awarding ceremony of 2022 China's top 100 cement clinker production capacity list was held in Hangzhou. This series of lists is released by China Cement Network, an authoritative organization in China's cement industry. The ranking is based on the total production capacity (excluding the production capacity of other kiln types and grinding stations) of new dry clinker production lines completed and put into operation by Chinese cement enterprises in China as of December 31, 2022. The data statistics are calculated based on the design production capacity and 310 days of annual operation. Jianfeng Group ranked 53rd with an annual design capacity of 3.627 million tons. (this newspaper reporter)

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On the first day of the new year, group leaders went to the grassroots level.

On January 29, the first day of work after the Spring Festival holiday, the leaders of the group company made a video connection to subordinate enterprises stationed abroad, and separately visited the gold enterprises to learn about the resumption of work and put forward requirements for the implementation of the work plan for the new year.

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Group Companies Commend 2022 Advanced

On the morning of January 18, the group company held the 2022 annual summary commendation meeting to review the work of the previous year, make arrangements for the work in 2023, sign the 2023 economic responsibility system with various professional companies and directly affiliated enterprises, and solemnly commend the 2022 advanced collectives and individuals.

2023

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Jiang Xiaomeng re-elected chairman of the Municipal Federation of Industry and Commerce

On December 24, 2022, the Jinhua Federation of Industry and Commerce (General Chamber of Commerce) held the seventh member representative meeting. Jiang Xiaomeng, secretary of the party committee and chairman of the group company, was re-elected as the chairman of the Municipal Federation of Industry and Commerce at this meeting.

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Peak Pharmaceutical Donates Epidemic Prevention Materials

Since the optimization and adjustment of the new crown infection epidemic management policy, there has been an explosive growth of infected people in the country, and the pressure on the supply of related materials has increased sharply. Before and after New Year's Day, the company has twice organized epidemic prevention materials, through the Jinhua City Charity Federation, Jinhua City Economic and Technological Development Zone Charity Federation targeted donations, a total value of more than 200,000 yuan.

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