Jingu Finance News | Citic Securities stated that the cement industry's demand is expected to be in a downward phase in the medium to long term, with future industry changes focusing more on the supply side. The supply-side reform of the cement industry in 2016 led to a significant decrease in new cement clinker production capacity, but the speed of clearing outdated capacity fell short of expectations, and the industry still faces a widespread overcapacity issue. Since 2024, cement demand has decreased significantly, leading to severe industry losses. The Ministry of Industry and Information Technology has revised and issued the "Cement Glass Industry Capacity Replacement Implementation Measures (2024 Edition)", which is expected to accelerate the clearing of outdated cement clinker production capacity of over 0.3 billion tons, reducing actual capacity from 2.1 billion tons to within the designed capacity of 1.8 billion tons. Optimizing supply-side capacity will help improve the industry's ecosystem, with the cement industry expected to change from substantial losses to a return to a reasonable profit level.