Anhui Conch Cement Company (914) investor relations material

Executive summary

• Revenue for the first half of 2026 was RMB36,927 million, down 10.88% year-over-year due to weak cement demand and intensified competition.

• Net profit attributable to equity shareholders fell 41.85% to RMB2,720 million, with basic EPS at RMB0.52, down RMB0.37 year-over-year.

• The Group focused on cost control, operational resilience, and expanding both domestic and overseas markets amid challenging conditions.

• Overseas business showed growth in both volume and price, while domestic sales suffered from lower prices.

Financial highlights

• Revenue: RMB36,927 million, down 10.88% year-over-year.

• Net profit attributable to equity shareholders: RMB2,720 million, down 41.85% year-over-year.

• Gross profit: RMB6,662 million, down from RMB9,985 million in the prior year.

• Net cash flows from operating activities: RMB4,516 million, down 45.83% year-over-year.

• Interim dividend of RMB0.13 per share declared, totaling RMB679.9 million.

Outlook and guidance

• The Group expects continued pressure on cement demand due to real estate market adjustments, but infrastructure initiatives may provide some support.

• Plans to deepen domestic market presence, expand overseas, enhance cost control, and accelerate digital and green transformation.

• Focus on high-quality development, industrial chain extension, and new energy/environmental protection sectors.