On August 7th, the Southern Manganese Alloy Industry High Quality Development Conference, initiated and hosted by Bosai Group, was successfully held at Chongqing Yushang International Hotel. Representatives from several southern manganese based alloy enterprises and futures companies, including Guangxi Baise Bisheng, Guangxi Ferroalloy, Sichuan Chuantou E Iron, etc., conducted in-depth discussions on core issues such as the high-quality development path of the industry, coping with internal competition, promoting enterprise cooperation and industry standards, and jointly seeking breakthrough solutions for the sustainable and healthy development of the southern manganese based alloy industry.
At the meeting, representatives of participating companies analyzed in depth the current development trend of the industry and expressed concerns that vicious price wars have led to widespread pressure on companies. If sales continue to be below cost prices, it will trigger systemic operational risks in the industry. We call on all enterprises to actively implement the national "anti internal competition" requirements, strengthen industry self-discipline, resist unfair competition, and strengthen confidence to jointly maintain market order.

In his keynote speech at the conference, Yuan Zhilun, Chairman of Bosai Group, deeply analyzed the development ideas of the polysilicon and electrolytic manganese industries, providing important references for various participating enterprises. Taking the polycrystalline silicon industry as an example, in the process of industry development, the government has implemented macroeconomic regulation by restricting new production capacity and eliminating outdated production capacity. Leading enterprises have taken the initiative to limit and reduce production, and jointly invested in the acquisition of outdated production capacity enterprises, effectively promoting the healthy development of the industry.

Chairman Yuan Zhilun pointed out that to solve the current development difficulties in the industry, companies need to strengthen team cooperation, make good use of the "tangible hand" of government regulation and the "intangible hand" of market regulation, and form a tripartite linkage development pattern. At the practical level, firstly, we should actively seek policy support from the national and provincial governments, call on government departments to strengthen macroeconomic regulation, and strictly limit the approval of new production capacity; Secondly, we must fully leverage market-oriented operations, eliminate outdated production capacity through market-oriented acquisitions, mergers, and reorganizations, enhance industry concentration, and become an important lever for achieving healthy and sustainable development of the industry; The third is to deepen enterprise collaboration and cooperation, reduce costs and increase efficiency through centralized procurement, unified sales and other models, and at the same time establish a normalized cooperation mechanism for enterprises in the southern region to ensure timely coordination and orderly operation of the sales process.

After in-depth discussions, the representatives of the participating enterprises reached multiple consensuses: firstly, in terms of enterprise cooperation, establish a regional coordination mechanism to stabilize the regional market, avoid vicious competition at low prices and disorderly expansion of production, and refrain from selling below cost price, limiting production and reducing output; Secondly, in terms of cost control, some enterprises are encouraged to implement centralized procurement of raw materials and reduce costs and increase efficiency through joint procurement of manganese ore; Thirdly, in terms of technical management, focus on technological transformation and efficiency improvement, increase equipment upgrades to reduce emissions; The fourth plan is to collaborate with futures companies to optimize basis pricing, discuss with Zhengzhou Commodity Exchange to add delivery warehouses, and simultaneously explore the "reservoir" model to alleviate terminal pressure.

The attending enterprise representatives firmly believe that with the joint efforts of the government, market, and enterprises, it will be possible to promote the establishment of a normalized cooperation mechanism in the southern manganese alloy industry and gradually build a new situation of sustainable and healthy development in the industry.