According to the statistics of institutions, the national cement market price continued to rise by 0.9% on a week-on-week basis last week. The main areas of price increase were Guangdong, Guangxi, Hainan and Ningxia, with a range of 30-50 yuan/ton. It is reported that CR Building Materials Technology's cement business is mainly located in eight regions: Guangdong, Guangxi, Hainan, Yunnan, Fujian, Guizhou, Hunan and Shanxi.

Industrial Securities previously pointed out that the cement industry's prosperity has bottomed out, and non-cement businesses are entering a phase of rapid growth, which will significantly increase performance and enhance its operational resilience. The bank believes that the current valuation of the company has fully reflected the downward trend of the industry's prosperity, and the downside risk in the future is controllable. At the same time, the company values shareholder returns, and its historical dividend payout ratio has remained stable at a level of around 50%. The potential dividend yield in 2024 is 4.8%, with a safety margin.

According to the Smart Finance App, CR Building Materials Technology (01313) has risen nearly 6%, up 5.8% at HKD 1.46, with a turnover of HKD 16.3228 million. On the news front, according to the statistics of institutions, the national cement market price continued to rise by 0.9% on a week-on-week basis last week. The main areas of price increase were Guangdong, Guangxi, Hainan and Ningxia, with a range of 30-50 yuan/ton. It is reported that CR Building Materials Technology's cement business is mainly located in eight regions: Guangdong, Guangxi, Hainan, Yunnan, Fujian, Guizhou, Hunan and Shanxi. Industrial Securities previously pointed out that the cement industry's prosperity has bottomed out, and non-cement businesses are entering a phase of rapid growth, which will significantly increase performance and enhance its operational resilience. The bank believes that the current valuation of the company has fully reflected the downward trend of the industry's prosperity, and the downside risk in the future is controllable. At the same time, the company values shareholder returns, and its historical dividend payout ratio has remained stable at a level of around 50%. The potential dividend yield in 2024 is 4.8%, with a safety margin.