香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致 的任何損失承擔任何責任。 安徽海螺水泥股份有限公司 ANHUI CONCH CEMENT COMPANY LIMITED （在中華人民共和國註冊成立之股份有限公司） （股份代號：00914） 持續關連交易：接受供應鏈物流運輸服務；及 提供充（換）電站設備及供電 《供應鏈物流運輸服務合同》 於二零二五年十二月三十一日，本公司（為其自身及代表本集團相關成員）與海慧公 司簽署了《供應鏈物流運輸服務合同》。根據該合同，海慧公司將為本集團之水泥、 熟料、骨料、商品混凝土及煤炭等產品提供供應鏈物流運輸服務，合同有效期自二零 二六年一月一日至二零二六年十二月三十一日，《供應鏈物流運輸服務合同》項下的 交易總金額（即二零二六年度上限）為不超過人民幣 30 億元。 《充（換）電站設備使用合同》 於二零二五年十二月三十一日，本公司（為其自身及代表本集團相關成員）與海慧公 司簽署了《充（換）電站設備使用合同》。根據該合同，海慧公司將使用並實際對外 經 ...

海螺水泥12月29日大宗交易平台出现一笔成交，成交量10.00万股，成交金额222.10万元，大宗交易成交 价为22.21元。该笔交易的买方营业部为中信证券股份有限公司上海分公司，卖方营业部为国泰海通证 券股份有限公司总部。 证券时报·数据宝统计显示，海螺水泥今日收盘价为22.21元，上涨0.05%，日换手率为0.79%，成交额为 7.09亿元，全天主力资金净流入1.46亿元，近5日该股累计上涨0.68%，近5日资金合计净流入2.68亿元。 两融数据显示，该股最新融资余额为15.20亿元，近5日减少3123.16万元，降幅为2.01%。 据天眼查APP显示，安徽海螺水泥股份有限公司成立于1997年09月01日，注册资本529930.2579万人民 币。（数据宝） 12月29日海螺水泥大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | 10.00 | 222.10 | 22.21 | 0.00 | 中信证券股 ...

12月29日，海螺水泥收涨0.05%，收盘价为22.21元，发生1笔大宗交易，合计成交量10万股，成交金额 222.1万元。 责任编辑：小浪快报 第1笔成交价格为22.21元，成交10.00万股，成交金额222.10万元，溢价率为0.00%，买方营业部为中信 证券股份有限公司上海分公司，卖方营业部为国泰海通证券股份有限公司总部。 进一步统计，近3个月内该股累计发生1笔大宗交易，合计成交金额为222.1万元。该股近5个交易日累计 上涨0.68%，主力资金合计净流入1.76亿元。 ...

12月29日，海螺水泥大宗交易成交10万股，成交额222.1万元，占当日总成交额的0.31%，成交价22.21 元，较市场收盘价22.21元持平。 | 交易日期 -- 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | | 卖出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | | 025-12-29 海螺水泥 | 600585 | 去筒至菱劈绞有限 22.21 222.1 | - 10 | 有限公司送發股份 | | KO | ...

Group 1 - The core viewpoint of the article highlights the upward movement of Hong Kong's construction materials and cement stocks, with notable gains in specific companies [1] Group 2 - Dongwu Cement (00695.HK) experienced a rise of over 6% [1] - Other companies such as China National Building Material (03323.HK), Anhui Conch Cement (00914.HK), and China Resources Cement (01313.HK) also saw increases in their stock prices [1]

Core Viewpoint - The cement and building materials sector in Hong Kong is experiencing a rally, with significant price increases for major companies, driven by expectations of a recovery in domestic demand and improved fundamentals in the industry [1]. Group 1: Market Performance - Dongwu Cement saw a nearly 6% increase, reaching a new historical high price [1] - China National Building Material rose by 4% [1] - Anhui Conch Cement and Western Cement both increased by over 2% [1] - China Resources Cement Technology gained over 1% [1] Group 2: Economic Context - The Central Economic Work Conference held on December 10-11 emphasized the importance of domestic demand and the construction of a strong domestic market, alongside actions to boost consumption [1] - Despite a general decline in demand, the construction market remains weak, with regional disparities in infrastructure demand driven by policy [1] - The residential market shows relatively inelastic demand [1] Group 3: Industry Outlook - The cement industry is expected to see a continued decline in production capacity due to policies limiting overproduction, which will significantly enhance capacity utilization and profit elasticity [1] - The overall performance of leading building material companies has lagged, but fundamentals are stabilizing amid the downturn in the real estate sector [1] - A dual recovery in fundamentals and valuations is anticipated for 2026, as major companies reduce their reliance on the real estate sector and prices for multiple categories begin to recover [1]

Group 1 - The core viewpoint of the article highlights a significant increase in the stock prices of cement companies in Hong Kong, driven by positive sentiment following the Central Economic Work Conference held on December 10-11, which emphasized domestic demand and consumption recovery [1] - Dongwu Cement saw a nearly 6% increase, reaching a historical high, while China National Building Material rose by 4%, and other companies like Conch Cement and Western Cement also experienced gains of over 2% [2] - The report from Zhongyou Securities suggests that despite a decline in overall demand due to seasonal factors and a weak housing market, the cement industry is expected to stabilize as leading companies reduce their reliance on the real estate sector and prices begin to recover [1][2] Group 2 - The article notes that the cement industry is currently facing a decline in demand, particularly in the housing construction market, while infrastructure demand shows regional differentiation driven by policy [1] - It is anticipated that cement production capacity will continue to decrease under policies limiting overproduction, which will significantly enhance capacity utilization and profit elasticity in the medium term [1]

Group 1: Market Trends and Logic - Domestic demand is becoming the core focus, with policies emphasizing the expansion of domestic demand strategy, indicating a shift in market attention[2] - The glass industry is experiencing accelerated cold repairs, with supply clearing out, but individual stock performance will depend on differentiated deep processing capabilities[3] - The cement industry is expected to benefit from policy execution and governance improvements, with overseas expansion providing growth opportunities[24] Group 2: Investment Recommendations - Focus on companies with independent growth or valuation advantages in the consumption building materials sector, such as Rain虹, Han高, and San棵树[18] - China National Building Material is recommended due to its strong market position and potential for overseas growth, with expected profits of 2-3 billion RMB in 2025[12] - Recommendations for companies with high dividend yields include Tu宝, Wei星, and Bei新, which are expected to benefit from changing market styles[9] Group 3: Industry Performance and Forecasts - The cement sector is projected to see a recovery in profitability, with Huaxin Cement expected to contribute over 10 billion RMB in profits in 2026[12] - The glass market is facing price adjustments, with the average price of float glass at 1151.40 RMB/ton, down 13.65 RMB/ton from the previous week[35] - The construction materials industry is expected to stabilize, with a focus on companies that can deliver performance and customer validation[8]

（编辑 丛可心） 证券日报网讯 12月19日，海螺水泥在互动平台回答投资者提问时表示，公司将围绕已制定的《市值管 理制度》及《2025年估值提升计划》，积极推动落实市值管理的各项举措，持续提升经营发展质量，不 断增强公司的内在投资价值。后续公司如有股份回购注销计划，将严格按照规定履行信息披露义务。 ...

Core Viewpoint - The company emphasizes its commitment to effective investment, focusing on strengthening its core cement business while expanding into emerging industries such as environmental protection, renewable energy, and digital sectors to enhance its main operations [1] Group 1: Company Strategy - The company aims to optimize its cement business and extend its industrial chain while accelerating international development [1] - The company plans to reasonably determine capital expenditure based on its operational realities and strategic development plans in response to challenges such as overcapacity and declining demand in the cement industry [1] Group 2: Financial Management - The company will balance its development strategy, industry trends, and shareholder returns to ensure rational allocation of funds [1] - The company is focused on ensuring sustainable development while providing stable and sustainable returns to shareholders [1]