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On the evening of March 26, Yatai Group announced that it planned to invest nearly 1 billion yuan in two cement projects.

These two projects include: Yatai Group Harbin Cement (Acheng) Co., Ltd. production of 4000 tons of cement clinker production line project, with a total investment of 562.87 million yuan, investment profit margin of 16.78%. Yatai Group Tumen Cement Co., Ltd. produces 4,000 tons of cement clinker production line per day, with a total planned investment of 43.36 million yuan and a profit margin of 16.88%.

The company said that after the completion and commissioning of the above projects, it will further enhance the scale strength of the building materials industry, and further enhance the profitability of the company's building materials industry.