Jiangxi Wannianqing Cement Co., Ltd. Class A
SSZSE:0007893.99
CNY
-0.02
(-0.50%)
Jiangxi Wannianqing Cement Co., Ltd. Class A
SZSE:000789
(Shenzhen Stock Exchange)
Recent
price
3.99
P/E
ratio
- -
div
yld
3.47%
ROIC.AI
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- Business
- Jiangxi Wannianqing Cement Co., Ltd. engages primarily in the production and sale of cement and related building materials in China. The company manufactures ordinary Portland cement and composite Portland cement under the "Wannianqing" brand series, Portland cement clinker, commercial concrete, aggregates, and new wall materials. It also offers cement fiber boards, commercial mortar, quartz crystal devices, woven plastic bags, construction stones, and limestone mineral products. Its products are widely applied in large-scale infrastructure projects including airports, high-rise buildings, bridges, tunnels, highways, real estate, and civil engineering. Apart from core cement production, the company provides equipment installation and maintenance services, non-metallic mineral mining and processing, electricity and heat production, solid and hazardous waste management, construction engineering and structural inspection, road cargo transportation, concrete machinery and equipment rental, technical services, supply chain management, and energy storage and power generation technology. Founded in 1997 with roots tracing back to its predecessor Jiangxi Cement Factory established in 1958, the company is headquartered in Jiangxi Province and holds a strong market presence in East China. It is recognized for the "Wannianqing" brand, which has received honors such as the "National Building Materials Industry Customer Satisfaction Product" and "Jiangxi Famous Brand Product." In recent years, Jiangxi Wannianqing Cement has focused on modernizing and optimizing its production capacity by phasing out outdated small-tonnage furnaces to boost efficiency and reduce costs, aligning with industry-wide green transformation initiatives. In 2024 and 2025, the company reported financial performance improving from prior losses with efforts concentrated on reducing production capacity of outdated lines and enhancing market competitiveness. Key operational moves include asset divestments such as transferring shares held in its subsidiary Yushan County Jinhong New Building Materials Co., Ltd., organizational leadership changes including the appointment of a new vice president, and closing of equity buyback programs. Additionally, the company has intensified its efforts in environmental sustainability by promoting energy-efficient and low-carbon production processes, participating in national carbon emissions trading, and expanding innovation in power generation and energy storage technologies. These strategic shifts support its transition towards higher value-added products and market share expansion within China's cement and construction materials sectors. The company operates through distinct product segments: clinker cement, commercial cement, and other ancillary businesses, serving a customer base involved in infrastructure, industrial, and civil construction projects primarily in China. Jiangxi Wannianqing Cement also actively participates in non-core businesses including mineral mining, waste management, and construction logistics, enhancing its integrated supply chain and service offerings in the building materials industry. Overall, Jiangxi Wannianqing Cement Co., Ltd. positions itself as a comprehensive building materials supplier leveraging traditional cement manufacturing expertise complemented by diversification into equipment services, environmental management, and technology-driven energy solutions to strengthen its market footprint and sustainable development agenda in China.