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。 華新水泥股份有限公司 承董事會命 華新水泥股份有限公司 徐永模 主 席 中國湖北省武漢市 2025 年 10 月 23 日 於本公告日期，本公司董事會成員包括執行董事李葉青先生（總裁）及劉鳳山先生 （副總裁）；非執行董事徐永模先生（主席）、Martin Kriegner 先生、Olivier Milhaud 先生及陳婷慧女士；獨立非執行董事黃灌球先生、張繼平先生及江泓先生。 *僅供識別 1 HUAXIN CEMENT CO., LTD.* （於中華人民共和國註冊成立的股份有限公司） （股份代號：6655） 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第 13.10B 條規定而作出。 茲載列華新水泥股份有限公司（「本公司」）於中華人民共和國若干報章及上海證券交易 所網站(http://www.sse.com.cn)刊登的《關於公司債發行的公告》，僅供參閱。 证券代码：600801 证券 ...

每经AI快讯，华新水泥(06655.HK)回落逾6%，年内股价累计涨幅仍超110%，截至发稿，跌5.46%，报 15.76港元，成交额5241.22万港元。 ...

Core Viewpoint - Huaxin Cement's stock has declined over 6%, but it has still seen a cumulative increase of over 110% this year, with a current price of 15.76 HKD and a trading volume of 52.41 million HKD [1] Financial Performance - Huaxin Cement plans to hold a board meeting on October 24 to approve quarterly results [1] - The company is expected to achieve a comprehensive gross profit of around 100 CNY per ton for July-August, compared to 72 CNY in the same period last year [1] - Overall overseas cement profitability remains strong, with significant recovery in previously weak regions like Central Asia [1] Market Expectations - Market consensus anticipates operating profits of 2.7 billion CNY and 3.7 billion CNY for 2025-2026, corresponding to PE ratios of 12x and 9x [1] - For 2026, overseas earnings are expected to contribute 2-2.5 billion CNY in profit, with a hypothetical PE of 15x for overseas segments and 10x for domestic segments, indicating a potential market cap of 50 billion CNY [1] Strategic Outlook - Following the unexpected consolidation of Nigerian assets, Huaxin Cement has plans for independent listings of its overseas assets, which would have limited dilution effects [1] - The independent listing is expected to enhance the valuation of overseas cement assets and facilitate accelerated overseas acquisitions [1] - If domestic market conditions improve, there is potential for upward adjustments in profitability, maintaining a strong recommendation for the stock [1]

Core Viewpoint - Huanxin Cement's stock has declined over 6%, but it has still seen a cumulative increase of over 110% this year, indicating strong performance despite recent volatility [1] Financial Performance - Huanxin Cement plans to hold a board meeting on October 24 to approve quarterly results [1] - The expected comprehensive gross profit per ton of cement for July-August is around 100 CNY, compared to 72 CNY in the same period last year [1] - Overall overseas cement profitability remains strong, with significant recovery in previously weak regions like Central Asia [1] Market Expectations - Market consensus anticipates operating profits of 2.7 billion CNY and 3.7 billion CNY for 2025-2026, corresponding to PE ratios of 12x and 9x respectively [1] - For 2026, overseas earnings are expected to contribute 2-2.5 billion CNY in profit, with a hypothetical PE of 15x for overseas segments and 10x for domestic segments [1] - The potential market capitalization could reach 50 billion CNY if domestic competition decreases effectively, indicating room for profit adjustments [1] Strategic Outlook - Following the unexpected consolidation of Nigerian assets, Huanxin has plans for independent listings of overseas assets, which could enhance valuation and accelerate future overseas acquisitions [1]

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2][3]. Summary by Category Increase in Holdings - The companies with the largest increases in Hong Kong Stock Connect holdings include: - Envision Biotech-B (09606) with an increase of 2.57%, bringing the total holding to 14.57% [2]. - Chongqing Steel (01053) with an increase of 1.07%, resulting in a holding of 28.31% [2]. - Yingfu Fund (02800) with an increase of 0.89%, now at 1.82% [2]. - Over the last five trading days, the top gainers were: - Envision Biotech-B (09606) with a 6.82% increase [3]. - JinkoSolar (06680) with a 6.56% increase [3]. - Huaxin Cement (06655) with a 3.34% increase [3]. Decrease in Holdings - The companies with the largest decreases in Hong Kong Stock Connect holdings include: - Ocean Park (02255) with a decrease of 6.13%, now holding 9.89% [2]. - Da Zhong Public Utilities (01635) with a decrease of 1.00%, now at 65.40% [2]. - China Duty Free Group (01880) with a decrease of 0.82%, now at 39.15% [2]. - Over the last five trading days, the top losers were: - Ocean Park (02255) with a 5.49% decrease [3]. - Changfei Optical Fiber (06869) with a 5.13% decrease [3]. - Jiangxi Copper (00358) with a 2.40% decrease [3]. Long-term Trends - Over the last 20 days, the companies with the largest increases in holdings included: - Canggang Railway (02169) with a 31.37% increase, now at 43.06% [4]. - Da Zhong Public Utilities (01635) with a 30.70% increase, now at 65.40% [4]. - The companies with the largest decreases over the same period included: - Ocean Park (02255) with a 7.66% decrease, now at 9.89% [4]. - Longpan Technology (02465) with a 5.43% decrease, now at 46.16% [4].

来源：新浪港股 据香港联交所最新数据显示，10月15日，Conch International Holdings（HK）Limited减持华新水泥 （06655）838.06万股，每股作价17.3102港元，总金额约为1.45亿港元。减持后最新持股数目约为 6351.53万股，持股比例为8.64%。 ...

本次交易涉及关联方：中国海螺创业控股有限公司、安徽海螺水泥股份有限公司、安徽海螺集团有限责 任公司、芜湖海创实业有限责任公司。 智通财经APP获悉，据香港联交所最新数据显示，10月15日，Conch International Holdings(HK)Limited减 持华新水泥(06655)838.06万股，每股作价17.3102港元，总金额约为1.45亿港元。减持后最新持股数目约 为6351.53万股，持股比例为8.64%。 ...

本次交易涉及关联方：中国海螺创业控股有限公司、安徽海螺水泥（600585）股份有限公司、安徽海螺 集团有限责任公司、芜湖海创实业有限责任公司。 据香港联交所最新数据显示，10月15日，Conch International Holdings(HK)Limited减持华新水泥 （600801）(06655)838.06万股，每股作价17.3102港元，总金额约为1.45亿港元。减持后最新持股数目约 为6351.53万股，持股比例为8.64%。 ...

本次交易涉及关联方：中国海螺创业控股有限公司、安徽海螺水泥股份有限公司、安徽海螺集团有限责 任公司、芜湖海创实业有限责任公司。 智通财经APP获悉，据香港联交所最新数据显示，10月15日，Conch International Holdings(HK)Limited减 持华新水泥(06655)838.06万股，每股作价17.3102港元，总金额约为1.45亿港元。减持后最新持股数目约 为6351.53万股，持股比例为8.64%。 ...

Group 1 - The core viewpoint is that the cement industry is facing significant operational pressure due to low prices, despite a mild recovery in market demand and ongoing production adjustments by companies [1][2] - To improve profitability, cement companies are actively raising prices, with some leading firms in Zhejiang planning to increase prices by 30 yuan/ton starting October 15 [2] - The national average cement price in September was 338 yuan/ton, showing a slight month-on-month increase, while the gross profit per ton for cement companies was 58 yuan, indicating a positive trend in the industry [2][3] Group 2 - In the first half of 2025, the cement sector achieved revenues of 118.1 billion yuan, a year-on-year decrease of 7.7%, but net profit increased significantly by 1487% to 5.2 billion yuan [3] - The cement industry's fundamentals may have reached a turning point, with supply-side production restrictions and demand-side infrastructure support expected to lead to gradual improvements in the second half of the year [3] - Related Hong Kong-listed companies in the cement and building materials sector include China National Building Material, Conch Cement, Huaxin Cement, China Resources Cement Technology, and Western Cement [4]