FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京金隅集團股份有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | | 於香港聯交所上市 (註1) | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601992 | 說明 | A股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 8,339,006,264 | RMB | | 1 RMB | | 8,339,006,264 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 8,339,006,264 | RMB | | 1 RMB | | 8,339,006,264 | | 2. 股份分類 | 普通股 | ...

Group 1 - Cement stocks collectively declined, with China National Building Material down 4.71% to HKD 4.65, Jinju Group down 4.71% to HKD 0.81, Anhui Conch Cement down 4.03% to HKD 22.6, and Huaxin Cement down 2.12% to HKD 12.9 [1] - The national cement price index reported at 319.64 points on July 25, reflecting a month-on-month decrease of 1.58% and a year-on-year decrease of 11.30% [1] - The national cement market continued to show weakness, with significant regional disparities; North China faced weak price increases, while Northeast China struggled with soft demand [1] Group 2 - Short-term outlook indicates that due to the off-season, cement prices are slightly declining, but the downward space is limited; prices are expected to rise in August as demand enters the peak season [2] - UBS noted that despite high market sentiment, the Yajiang hydropower project is a long-term plan with limited immediate impact on company profits; assuming cement orders are distributed by market share and a gross profit of RMB 150 per ton, Tibet Tianlu is expected to achieve an annual profit of approximately RMB 160 million, compared to a loss of RMB 104 million in 2024 [2] - Net profit growth estimates for Huaxin Cement, China National Building Material, and Anhui Conch Cement are approximately 5%, 2%, and 0.4% respectively [2]

Group 1 - Cement stocks collectively declined, with China National Building Material down 4.71% to HKD 4.65, Jinju Group down 4.71% to HKD 0.81, Conch Cement down 4.03% to HKD 22.6, and Huaxin Cement down 2.12% to HKD 12.9 [1] - The national cement price index reported at 319.64 points on July 25, reflecting a month-on-month decrease of 1.58% and a year-on-year decrease of 11.30% [1] - The national cement market continued to show weakness, with significant regional disparities; North China faced weak price support, Northeast China struggled with soft demand, and East China saw price increase plans shelved due to adverse weather conditions [1] Group 2 - Tianfeng Securities noted that while some regions are experiencing slight price declines due to the off-season, the downward space is limited, and prices are expected to rise in August as demand enters the peak season [2] - UBS indicated that despite high market sentiment, the Yajiang hydropower project has limited impact on the company's profitability; assuming cement orders are distributed by market share and a gross profit of RMB 150 per ton, Tibet Tianlu is expected to achieve an annual profit of approximately RMB 160 million, compared to a loss of RMB 104 million in 2024 [2] - Net profit growth estimates for Huaxin Cement, China National Building Material, and Conch Cement are approximately 5%, 2%, and 0.4% respectively [2]

Group 1 - A new company, Beijing Jingguan Guoyi Consulting Management Co., Ltd., has been established with a registered capital of 3 million yuan [1] - The legal representative of the company is Yang Linming, and its business scope includes social and economic consulting services and enterprise management consulting [1] - The company is co-owned by Jinju Group, Shougang Group Co., Ltd., and Beijing Energy Group Co., Ltd. [1]

Group 1 - The core viewpoint of the news is the performance of the CSI Land Reform Agricultural Theme Index, which has shown significant growth over the past month, three months, and year-to-date [1] - The CSI Land Reform Agricultural Theme Index has increased by 8.68% in the last month, 7.69% in the last three months, and 3.61% year-to-date [1] - The index reflects the overall performance of listed companies benefiting from agricultural land reform, including sectors such as agricultural land transfer, urban industrial land utilization, agricultural machinery, and water-saving irrigation [1] Group 2 - The top ten weighted companies in the CSI Land Reform Agricultural Theme Index include Shibei Gaoxin (9.87%), Luoniushan (8.15%), Jinyu Group (8.07%), and others [1] - The index's holdings are primarily concentrated in the Shenzhen Stock Exchange (59.62%) and the Shanghai Stock Exchange (40.38%) [1] - The industry composition of the index shows that consumer goods account for 37.68%, materials for 22.47%, and industrials for 22.16% [2] Group 3 - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2] - Companies that are delisted or undergo mergers, acquisitions, or splits are handled according to specific calculation and maintenance guidelines [2]

受益的行业非常多，这个要分短期和中长期，因为时间跨度很长，预期是10-15年，但按照中国的速 度，只要资金到位，10年内就完工并非不可能。 短期来看，最开始就是水泥建材这些先行一步，考虑到水泥有个运输半径问题，因此最大龙头是本地水 泥厂的西藏天路(600326.SH)，被巨量封住一字，再是离基地项目400公里的港股华新水泥(06655)，大涨 超85%。本地产能肯定是不够的，需要从其它地区引进，其它有华润建材科技(01313)、中国建材 (03323)、金隅集团(02009)、中国建材(03323)、海螺水泥(00914)均涨超10%。 【解剖大盘】 周末没啥利空，市场主要担心的无非是日本的参议院选举，最新情况是由自民党和公明党组成的执政联 盟丧失参议院过半数议席。但靴子落地后日元并未出现明显波动，市场预期石破茂依旧可以继续履行职 责，从而稳定局面。因此港股继续跳空上行，今天涨0.68%。 扰动市场的巨头内卷也开始收敛，7月18日，根据央视新闻，市场监管总局约谈饿了么、美团、京东三 家平台企业，号召理性参与竞争。美团-W(03690)、京东集团(09618)、阿里巴巴(09988)均涨幅超2%。 而爆炸性题材 ...

Group 1 - China reduced its holdings of US Treasury bonds by $900 million in May, marking the third consecutive month of reduction [1] - The first data asset-backed securities (ABS) were issued on the Shanghai Stock Exchange [1] - The scale of 10 newly listed Sci-Tech Innovation Bond ETFs increased by 164% on the first day to reach 76.5 billion yuan [1] Group 2 - Emperor International is seeking to extend the maturity date of its bank loans to the end of 2027 [1] - China International Capital Corporation (CICC) will pay interest on its 5 billion yuan corporate bonds on July 24 [1] - Jinju Group's application for an 8 billion yuan corporate bond issuance has been accepted by the Shanghai Stock Exchange [1] Group 3 - Citigroup is optimistic about emerging market sovereign bonds, betting on declining interest rates and a weaker dollar [1] - Shimao Group announced that the effective date for its offshore debt restructuring will be July 21 [1] - Huafa Leasing's first phase of ABS successfully issued, with underlying assets from Dalian Huafa Mountain Villa [1] - Oceanwide Holdings is repaying the principal of its "21 Oceanwide 01" corporate bond in installments, with a remaining scale of 2.6 billion yuan [1]

中国2025年6月重磅宏观经济数据公布，其中Q2GDP同比5.2%超预期。港股三大指数午后持续拉升走 强，一扫早盘冲高回落行情。截止收盘，恒生科技指数一马当先，最终收涨2.8%，恒生指数、国企指 数分别上涨1.6%及1.65%。 | 代码 | 名称 | 最新价 | 涨跌额 | 涨跌幅 | | --- | --- | --- | --- | --- | | 800000 | 恒生指数 | ○ 24590.12 | +386.80 | 1:60% | | 800100 | 国企指数 | 8877.10 | +144.36 | 1.65% | | 800700 | 恒生科技指数 | 5431.29 | +147.79 | 2.80% | 盘面上，作为市场风向标的大型科技股午后持续攀升助力大市上涨，其中，阿里巴巴大涨近7%，美 团、百度涨超4%，腾讯涨3.5%，京东涨超2%；行业利好不断，稳定币概念股普遍走高，云锋金融大涨 19.5%；生物医药股全天维持强势行情；苹果概念股、软件类股、汽车股、电信股、海运股午后涨幅持 续扩大。另一方面，比特币下破11.7万美元，加密货币概念股低迷，上半年全国房地产开发投资同比跌 11 ...

证券代码：601992 证券简称：金隅集团 公告编号：临 2025-037 | | | | | | | | | | 离任 | 是否继续在上 | 是否存在未 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 离任职务 | | 离任时间 | | | 原定任期到期日 | | | 原因 | 市公司及其控 | 履行完毕的 | | | | | | | | | | | | 股子公司任职 | 公开承诺 | | 朱岩 | 总经理助理 | 2025 | 年 7 月 | 14 | 日 | 2027 年 月 6 | 6 | 日 | 工作 变动 | 否 | 无 | 二、离任对公司的影响 根据相关法律法规及公司《章程》等规定，朱岩先生的辞职报告 自送达董事会之日起生效。截至公告披露日，朱岩先生未持有公司股 份，不存在应当履行而未履行的承诺事项。朱岩先生确认与公司董事 会无任何意见分歧，不向公司提出除约定的薪酬以外利益的任何索赔 要求，亦无任何有关本人辞去公司总经理助理职务之事需提呈公司股 东注意事项。 朱岩先生在公司担任总 ...

[Performance Forecast and Period-on-Period Comparison](index=1&type=section&id=Performance%20Forecast%20and%20Period-on-Period%20Comparison) The company anticipates a significant net loss in H1 2025, with a detailed comparison to the H1 2024 performance [2025 Half-Year Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company expects a significant net loss attributable to shareholders of RMB 1.3 billion to 1.6 billion for H1 2025, widening from the prior year, while non-recurring adjusted net loss remains stable 2025 Half-Year Performance Forecast | Financial Indicator (RMB '000) | Estimated Amount | | :--- | :--- | | Net Profit Attributable to Shareholders | -130,000 to -160,000 | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -210,000 to -240,000 | [2024 Half-Year Performance Review](index=1&type=section&id=II.%20Prior%20Year%20Period%20Performance) In comparison, the company recorded a net loss attributable to shareholders of RMB 807 million and a non-recurring adjusted net loss of RMB 2.056 billion in H1 2024, indicating ongoing operational challenges 2024 Half-Year Financial Performance | Financial Indicator | 2024 Half-Year Amount | | :--- | :--- | | Net Profit Attributable to Shareholders | -80,667 (RMB '000) | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -205,571 (RMB '000) | | Earnings Per Share | -0.12 RMB | [Performance Variation Analysis](index=2&type=section&id=Performance%20Variation%20Analysis) The company's performance variation is attributed to divergent trends in its cement and real estate businesses, alongside mixed operational data [Attribution Analysis of Performance Variation](index=2&type=section&id=III.%20Main%20Reasons%20for%20Current%20Period%20Performance%20Variation) Performance variation is primarily due to diverging trends in core business segments, with cement operations improving through cost reduction and price increases, while real estate suffered from market downturns impacting sales and margins - Cement business **significantly reduced costs** year-on-year through lean operations and various cost-saving measures; concurrently, **average selling prices for cement and clinker increased**, improving product gross margins and **substantially narrowing losses** year-on-year[8](index=8&type=chunk) - Real estate business faced **sales price pressure** due to market adjustments, with some project prices falling short of expectations, leading to a **temporary decline in project gross margins** and a **year-on-year decrease in operating profit**[8](index=8&type=chunk) [Core Business Operational Data](index=2&type=section&id=IV.%20Other%20Explanatory%20Matters) During the reporting period, core business operational data showed mixed results, with concrete sales up 26%, cement and clinker sales slightly down 2%, and real estate recognized area significantly decreasing by 35%, indicating sales and delivery pressures 2025 Half-Year Core Business Operational Data | Business Segment | 2025 Half-Year Operational Data | Year-on-Year Change | | :--- | :--- | :--- | | Cement and Clinker | Sales approx. 37.4 million tons | Decrease approx. 2% | | Concrete | Sales approx. 6.73 million cubic meters | Increase approx. 26% | | Real Estate | Recognized Area approx. 0.26 million sq. meters | Decrease approx. 35% |