Group 1 - The core point of the article highlights the recent decline in the stock price of Huaxin Cement, which fell by 5.02% to 23.06 CNY per share, with a trading volume of 318 million CNY and a turnover rate of 1.00%, resulting in a total market capitalization of 47.942 billion CNY [1] - Huaxin Cement Group Co., Ltd. is based in Wuhan, Hubei Province, and was established on November 30, 1993, with its listing date on January 3, 1994. The company primarily engages in cement manufacturing and sales, cement technology services, research, manufacturing, installation and repair of cement equipment, and import-export trade of cement and related products [1] - The revenue composition of Huaxin Cement includes 54.56% from cement sales, 21.54% from concrete sales, 17.22% from aggregate sales, 4.21% from other sources, and 2.47% from clinker sales [1] Group 2 - According to data from the top ten holdings of funds, one fund under CICC, the CICC Growth Navigator Mixed Fund A (019628), has a significant position in Huaxin Cement, holding 15,300 shares, which accounts for 2.29% of the fund's net value, ranking as the eighth largest holding. The estimated floating loss today is approximately 18,700 CNY [2] - The CICC Growth Navigator Mixed Fund A (019628) was established on October 15, 2024, with a latest scale of 6.3106 million CNY. Year-to-date returns are 21.96%, ranking 4182 out of 8219 in its category, while the one-year return is 22.1%, ranking 3282 out of 8125. Since inception, the fund has achieved a return of 22.89% [2]

Core Viewpoint - Huanxin Building Materials' stock price reached a historical high, reflecting strong performance in the construction materials industry [1] Group 1: Stock Performance - As of 9:57, Huanxin Building Materials' stock rose by 4.83%, reaching a price of 23.89 yuan, with a trading volume of 6.79 million shares and a transaction value of 159 million yuan [1] - The company's total market capitalization in A-shares is 32.115 billion yuan [1] - The construction materials industry overall saw a rise of 0.58%, with 48 stocks increasing in price, including Huanxin Building Materials, which ranked among the top gainers [1] Group 2: Financial Data - For the first three quarters, the company reported a revenue of 25.033 billion yuan, a year-on-year increase of 1.27% [1] - The net profit for the same period was 2.004 billion yuan, reflecting a significant year-on-year growth of 76.01% [1] - The basic earnings per share were 0.9700 yuan, with a weighted average return on equity of 6.38% [1] Group 3: Market Activity - The latest margin trading balance for Huanxin Building Materials is 277 million yuan, with a financing balance of 269 million yuan, showing a decrease of 48.4319 million yuan over the past 10 days, a decline of 15.28% [1] - Eight institutions rated the stock in the past 10 days, with Tianfeng Securities setting a target price of 28.71 yuan on November 5 [1]

Core Viewpoint - Huanxin Building Materials' stock price reached a historical high, reflecting strong market performance and investor interest [2] Company Performance - As of 9:57, Huanxin Building Materials' stock increased by 4.83%, reaching a price of 23.89 yuan, with a trading volume of 6.79 million shares and a transaction value of 159 million yuan [2] - The company's latest A-share total market capitalization is 32.115 billion yuan [2] - For the first three quarters, the company reported a revenue of 25.033 billion yuan, a year-on-year increase of 1.27%, and a net profit of 2.004 billion yuan, a year-on-year increase of 76.01% [2] - The basic earnings per share are 0.9700 yuan, with a weighted average return on equity of 6.38% [2] Industry Overview - The building materials industry overall saw a rise of 0.58%, with 48 stocks increasing in price, including Huanxin Building Materials, which ranked among the top gainers [2] - The top gainers in the industry included Jinjing Technology and Guotong Shares, with increases of 5.62% and 5.42%, respectively [2] - Conversely, 23 stocks experienced price declines, with the largest drops seen in Yashi Chuangneng, Fujian Cement, and Honghe Technology, with declines of 4.69%, 3.93%, and 3.50% respectively [2] Financing and Ratings - As of November 6, the latest margin trading balance for Huanxin Building Materials is 277 million yuan, with a financing balance of 269 million yuan, reflecting a decrease of 48.4319 million yuan over the past 10 days, a decline of 15.28% [2] - In the past 10 days, 8 institutions have rated the stock, with Tianfeng Securities setting a target price of 28.71 yuan on November 5 [2]

Core Viewpoint - Huaxin Cement (06655) has seen a stock price increase of over 5%, currently trading at HKD 18.85, with a transaction volume of HKD 68.11 million. The company reported a revenue of RMB 25.033 billion for the first three quarters of 2025, reflecting a year-on-year growth of 1.27%, and a net profit attributable to shareholders of RMB 2.004 billion, which is a significant increase of 76.01% [1][1][1] Financial Performance - For the first three quarters of 2025, the company achieved a revenue of RMB 25.033 billion, marking a year-on-year increase of 1.27% [1] - The net profit attributable to shareholders reached RMB 2.004 billion, showing a substantial year-on-year growth of 76.01% [1] - Basic earnings per share were reported at RMB 0.97 [1] Operational Highlights - In Q3, the company experienced a quarter-on-quarter revenue growth of 1.1%, attributed mainly to contributions from overseas operations [1] - The acquisition of Haori's Nigerian assets was completed on August 29, and is expected to contribute additional revenue starting in September [1] - As of mid-2025, the company has established production bases in 12 overseas countries, with an overseas cement grinding capacity of 24.7 million tons per year [1] Capacity Expansion - Following the consolidation of Nigerian operations, the total cement capacity is expected to reach 35.3 million tons [1] - The company has approximately 1.55 million tons per year of clinker production capacity under construction, with a new clinker cement production line in Malawi successfully ignited on September 28, producing 2,000 tons per day [1] - The overseas competitiveness of the company is further strengthened through these expansions [1]

Core Viewpoint - Huanxin Cement (06655) has seen a stock price increase of over 5%, currently trading at 18.85 HKD, with a transaction volume of 68.11 million HKD. The company reported a revenue of 25.033 billion RMB for the first three quarters of 2025, reflecting a year-on-year growth of 1.27%, and a net profit attributable to shareholders of 2.004 billion RMB, which is a significant increase of 76.01% [1][1][1] Financial Performance - For the first three quarters of 2025, Huanxin Cement achieved a revenue of 25.033 billion RMB, marking a year-on-year increase of 1.27% [1] - The net profit attributable to shareholders reached 2.004 billion RMB, representing a year-on-year growth of 76.01% [1] - Basic earnings per share stood at 0.97 RMB [1] Operational Highlights - In Q3, the company's revenue increased by 1.1% quarter-on-quarter, attributed mainly to contributions from overseas operations [1] - The acquisition of the Holcim Nigeria assets was completed on August 29, with expectations of contributing additional revenue starting in September [1] - As of mid-2025, the company has established production bases in 12 overseas countries, with a total cement grinding capacity of 24.7 million tons per year [1] Capacity Expansion - Following the consolidation of Nigeria's operations, the total cement capacity is expected to reach 35.3 million tons [1] - The company has approximately 1.55 million tons per year of clinker capacity under construction, including a successful ignition of a 2,000 tons per day clinker cement production line project in Malawi on September 28 [1] - The overseas competitiveness of Huanxin Cement is further strengthened through these expansions [1]

Core Viewpoint - Huanxin Building Materials experienced a stock price decline of 2.00% on November 6, with a current price of 22.50 CNY per share and a market capitalization of 46.77 billion CNY, despite a year-to-date increase of 93.30% in stock price [1] Financial Performance - For the period from January to September 2025, Huanxin Building Materials reported a revenue of 25.033 billion CNY, reflecting a year-on-year growth of 1.27%, while the net profit attributable to shareholders was 2.004 billion CNY, showing a significant increase of 76.01% [2] - Cumulative cash dividends since the A-share listing amount to 13.594 billion CNY, with 3.127 billion CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders for Huanxin Building Materials was 42,600, a decrease of 6.81% from the previous period [2] - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 62.0928 million shares, an increase of 5.1895 million shares from the previous period [3] Stock Market Activity - The stock has seen significant trading activity, with a net outflow of 120,000 CNY in main funds on November 6, and notable trading volumes in the past 60 days, with a 46.10% increase in stock price [1]

Group 1 - The cement sector experienced a rise of 0.72% on November 5, with Huaxin Cement leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] - Key stocks in the cement sector showed varied performance, with Huaxin Cement closing at 22.96, up 4.65%, and Hanjian Heshan at 6.38, up 4.42% [1] Group 2 - The cement sector saw a net outflow of 78.1552 million yuan from institutional funds, while retail investors contributed a net inflow of 34.165 million yuan [2] - The trading volume and turnover for Huaxin Cement reached 221,400 hands and 501 million yuan, respectively [1] - The overall market sentiment in the cement sector was mixed, with some stocks experiencing significant inflows while others faced outflows [3]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 28.71 CNY, indicating an expected return of over 20% within the next six months [7][19]. Core Insights - The company achieved a significant year-on-year increase in net profit of 120.7% in Q3, reaching 9.0 billion CNY. For the first three quarters, revenue and net profit attributable to the parent company were 250.3 billion CNY and 20.0 billion CNY, respectively, representing year-on-year growth of 1.3% and 76% [1][4]. - The overseas business continues to show strong growth, contributing positively to the company's performance despite a slight decline in domestic cement sales. The company completed the acquisition of assets in Nigeria, which is expected to enhance revenue from September [2][3]. - The company has established production bases in 12 overseas countries, with a total cement grinding capacity of 24.7 million tons per year. Following the acquisition in Nigeria, the total capacity is projected to reach 35.3 million tons [3]. Financial Performance Summary - In Q3, the company reported a revenue of 89.9 billion CNY and a net profit of 9.0 billion CNY, with a gross margin of 30.5%, reflecting a year-on-year increase of 5.8 percentage points [2]. - The company’s gross margin for the first three quarters was 29.5%, up 5.5 percentage points year-on-year, while the net profit margin was 7.7%, an increase of 3.4 percentage points [2]. - The report projects an upward revision of the net profit forecast for 2025 to 29.7 billion CNY, 39.8 billion CNY, and 45.7 billion CNY for 2025, 2026, and 2027, respectively [4]. Valuation Metrics - The report provides a valuation based on a price-to-earnings (P/E) ratio of 15 times for 2026, with a target price of 28.71 CNY [4]. - The company’s earnings per share (EPS) is projected to be 1.43 CNY in 2025, with a P/E ratio of 15.35 [6][14].

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。 華新建材集團股份有限公司 HUAXIN BUILDING MATERIALS GROUP 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 2025 年 A 股限制性股票激勵計劃內幕信 息知情人買賣公司股票情況的自查報告》，僅供參閱。 承董事會命 華新水泥股份有限公司 徐永模 主 席 证券代码：600801 证券简称：华新水泥 公告编号：2025-052 华新建材集团股份有限公司 中國湖北省武漢市 2025 年 11 月 4 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 ...

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。 華新建材集團股份有限公司 HUAXIN BUILDING MATERIALS GROUP 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） 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 載列華新建材集團股份有限公司（「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 《董事會薪酬與考核委員會關於公司 2025 年 A 股限制性股票激勵計劃激勵對象名單的核查意見及公示情況說明》，僅供參閱。 承董事會命 華新建材集團股份有限公司 徐永模 主 席 中國湖北省武漢市 2025 年 11 月 4 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 Milh ...