en.Wedoany.com Reported - Jinyu Jidong disclosed in its investor relations management information that its Mamba company in northern South Africa has achieved an annual clinker production capacity of 870,000 tons and a cement production capacity of 1 million tons. It is currently operating at full production and sales capacity, with total annual profits exceeding 1 billion yuan, maintaining a good level of profitability. The company is steadily advancing the construction of Mamba's second production line and has made certain progress on this project.

Since its commissioning, Jinyu Jidong's South Africa Mamba project has maintained stable operations, with the existing 1 million ton cement capacity achieving a balance between production and sales. The company stated that it will accelerate the implementation of the strategy of "product going global" driving "capacity going global," aiming to increase the scale of product exports and broaden market reach, thereby accumulating operational experience for subsequent overseas capacity expansion. The disclosed operational data of the Mamba company indicates that Jinyu Jidong's cement capacity layout in the African market has entered a stage of stable returns.

Jinyu Jidong stated that it will actively seek new investment opportunities in countries along the "Belt and Road" initiative and those with which it has signed Memoranda of Understanding. The advancement of Mamba's second line construction will further enhance Jinyu Jidong's cement production capacity scale in South Africa. The company plans to leverage the operational experience from the Mamba project to provide technical and management support for subsequent overseas capacity layouts. Jinyu Jidong will continue to focus on cement capacity expansion as its core strategy to promote its overseas market strategic layout.

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