Core Viewpoint - China Lesso (2128.HK), a leading company in the pipe industry, experienced a significant stock price increase, rising by 9.78% to HKD 4.94, outperforming the market with a year-to-date gain of over 51% compared to the Hang Seng Index's 30% increase [1] Group 1: Company Performance - The stock price of China Lesso broke through the 5-day, 10-day, 20-day, 30-day, and 60-day moving averages in a single day [1] - The company has effectively controlled financial costs while adjusting its overall debt structure, exceeding expectations in the first half of the year [1] Group 2: Market Opportunities - The National Development and Reform Commission announced plans to construct and renovate over 700,000 kilometers of underground pipelines during the 14th Five-Year Plan, with an expected investment demand exceeding CNY 5 trillion [1] - Citigroup indicated that if the company continues to dispose of assets to reduce its net debt ratio and if any infrastructure stimulus plans are launched in the mainland, the stock could rebound significantly [1] - Huatai Securities expects the company's market share to further increase, maintaining a "buy" rating and raising the target price from HKD 5.89 to HKD 6.35 [1]

经AI快讯，中国联塑(02128.HK)涨超6%，截至发稿，涨6.67%，报4.8港元，成交额3236.91万港元。 ...

消息面上，10月24日，中共中央举行新闻发布会介绍和解读党的二十届四中全会精神，国家发展改革委 党组书记、主任郑栅洁在会上表示，"十五五"时期预计将建设改造地下管网超过70万公里，新增投资需 求超过5万亿元。华泰证券此前研报曾指出，管网改造环节有望拉动市政塑管需求，叠加近两年第一产 业投资增速稳健，中国联塑介入农业用塑管领域成效显现，考虑到公司工程端市占率较高，该行认为公 司有望充分受益。 中国联塑(02128)涨超6%，截至发稿，涨6.67%，报4.8港元，成交额3236.91万港元。 ...

智通财经APP获悉，中国联塑(02128)涨超6%，截至发稿，涨6.67%，报4.8港元，成交额3236.91万港 元。 消息面上，10月24日，中共中央举行新闻发布会介绍和解读党的二十届四中全会精神，国家发展改革委 党组书记、主任郑栅洁在会上表示，"十五五"时期预计将建设改造地下管网超过70万公里，新增投资需 求超过5万亿元。华泰证券此前研报曾指出，管网改造环节有望拉动市政塑管需求，叠加近两年第一产 业投资增速稳健，中国联塑介入农业用塑管领域成效显现，考虑到公司工程端市占率较高，该行认为公 司有望充分受益。 ...

佛山百强民企，有40家在南海区，37家在顺德，南海出乎意料地超过顺德，充分说明南海这些年的发展 劲头不错。 不过，若看头部民企的数量，那还是顺德更多。 作为中国民营经济的重镇，佛山近日发布了民企100强榜单。2025年9月27日， 在佛山市企业家日、人 才日上，佛山市企业联合会发布了《2025年佛山民营企业100强》、《2025年佛山企业利税贡献 TOP30》等多个榜单。 根据榜单，佛山最牛的10家民企依次为：美的集团、碧桂园控股、宏旺控股、佛山兴海铜铝、美的置 业、邦普循环、碧桂园生活服务、盈峰集团、利泰集团、中国联塑集团。 从区域分布来看，佛山十强民企，顺德一个区占了6个，南海区占了3个；三水区占了1个。 从行业分布来看，佛山十强民企有6家是从事制造业、3家是房地产相关行业，以及一家汽车服务相关企 业。 总的来看，佛山民企100强，南海区40家、顺德区37家、禅城区14家、三水区7家、高明区2家。 出乎意料的是，南海区的百强民企居然超过顺德，不过顺德头部民企更多，企业知名度也更高，例如美 的、格兰仕都是大家耳熟能详的国民大品牌。 以下是2025年佛山民企100强完整榜单： | તેને | 佛山维向豕其制 ...

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國聯塑集團控股有限公司 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02128 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.05 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.05 | HKD | | 1,000,000,000 | 本月底法定/註冊股本總額： HK ...

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：2128） N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear non-registered shareholder(s) (Note) , China Lesso Group Holdings Limited (the "Company") – Notice of Publication of Interim Report 2025 (the "Current Corporate Communication") Yours faithfully, By order of the Board China Lesso Group Holdings Limited Kwan Chi Wai Samuel Company Secretary Note: This letter is addressed to non-registered shareholders ("Non-regist ...

（Stock Code 股份代號：2128） N O T I F I C AT I O N L E T T E R 通 知 信 函 Dear registered shareholder(s), 30 September 2025 China Lesso Group Holdings Limited (the "Company") – Notice of Publication of Interim Report 2025 (the "Current Corporate Communication") (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） Note: Pursuant to Rule 1.01 of the Listing Rules, Actionable Corporate Communications are any corporate communications that seek instructions from issuer's securities holders on how ...

Interim Report 2 0 2 5 中期報告 C004888 中期報告 Interim Report 2025 Contents 目錄 | 2 | Corporate Profile | 公司簡介 | | --- | --- | --- | | 3 | Financial Highlights | 財務摘要 | | 4 | Management Discussion and Analysis | 管理層討論及分析 | | 17 | Corporate Governance and Other Information | 企業管治及其他資料 | | 24 | Report on Review of Condensed | 簡明綜合財務報表的審閱報告 | | | Consolidated Financial Statements | | | 26 | Condensed Consolidated Statement of | 簡明綜合損益及其他全面收益表 | | | Profit or Loss and Other Comprehensive Income | | | 28 | Condensed Co ...

Investment Rating - The report maintains a positive outlook on the construction materials industry, indicating a recovery in the consumption segment and a price increase cycle for fiberglass products [1][5][7]. Core Insights - The construction materials sector is showing signs of recovery, with the fundamentals entering a positive phase, particularly in real estate sales and construction starts [1][20][21]. - A price increase cycle for fiberglass products is anticipated, driven by supply-demand dynamics and market conditions [2][6][7]. - The cement industry is entering a peak season with price increases observed in various regions, supported by policy measures aimed at limiting overproduction [4][27][28]. Summary by Sections Construction Materials - The consumption construction materials sector is stabilizing, with expectations of improved revenue performance starting in Q3 2025 due to lower revenue baselines and reduced price competition [1][20][21]. - Companies like Hanhigh Group and Sankeshu are already showing growth, with expectations for Dongfang Yuhong to follow suit [1][15]. Fiberglass - The fiberglass market is experiencing a price increase cycle, with major companies discussing price hikes for various products, including low dielectric fabrics [2][6]. - The supply-demand balance is shifting positively, with larger manufacturers maintaining good inventory control while smaller producers are adjusting prices upward [6][7]. Cement - The cement market is witnessing a slight price increase, with specific regions like Jiangsu and Anhui implementing price hikes [4][27]. - The report highlights the potential for growth in the cement sector due to policy support and overseas expansion opportunities [27][28]. Investment Recommendations - Companies such as China Jushi, Zhongcai Technology, and Feilihua are highlighted for their strong market positions and growth potential in the fiberglass and construction materials sectors [10][12][18]. - Huaxin Cement is noted for its overseas expansion and profitability, particularly from its Nigerian operations, which are expected to contribute significantly to future earnings [31][33].