On January 17, the Bank of China Securities Research Report pointed out that the cement sector's valuation is already at a historically low level, focusing on the marginal improvement in demand in 2024 and the gradual clearing of the supply side. Looking at the medium to long term, there is still room for improvement in China's urbanization rate, and the overall demand in the cement industry may still have opportunities to improve and improve. Recommended attention: Conch Cement, Tianshan Co., Ltd., Huaxin Cement, etc.
中银证券：水泥板块估值已处于历史较低水平
BOC Securities: The cement sector's valuation is already at a historically low level
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