| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603601 | 再升科技 | 5.83 | -4.74% | 143.63万 | 8.40亿 | | 301526 | 国际复材 | 6.42 | -2.28% | 167.52万 | 10.85 Z | | 002080 | 中材科技 | 32.28 | -1.85% | 35.35万 | 11.50亿 | | 300196 | 长海股份 | 16.39 | -1.62% | P 23.86万 | 3.86亿 | | 605006 | 山东玻纤 | 8.44 | -1.06% | 30.31万 | 2.56亿 | | 002201 | 九鼎新材 | 8.22 | -0.24% | 26.68万 | 2.18亿 | | 600293 | 三峡新材 | 3.18 | 0.32% | 23.44万 | 7414.50万 | | 601636 | 旗滨隼厅 | 6.25 | 0.32% | 24.80万 | 1.54亿 | | 600586 | 金晶科 ...

中国巨石股份有限公司 关于召开 2025 年半年度网上业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ●会议时间：2025 年 8 月 28 日下午 16:00-17:00 ●会议地点：上证路演中心（http://roadshow.sseinfo.com/）和公司直播 端口（https://shangzhibo.tv/watch/10154735?lang=zh-cn） ●会议方式：网络直播+文字互动 ●投资者可于 8 月 28 日下午 16:00 前登录上证路演中心网站首页，点击"提 问预征集"栏目（http://roadshow.sseinfo.com/questionCollection.do），根 据活动时间，选中本次活动或通过公司邮箱（ir@jushi.com）向公司提问，公司 将在说明会上对投资者普遍关注的问题进行回答。 中国巨石股份有限公司（以下简称"公司"）将于 2025 年 8 月 28 日披露 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年 ...

证券之星消息，8月19日玻璃玻纤板块较上一交易日下跌1.56%，国际复材领跌。当日上证指数报收于 3727.29，下跌0.02%。深证成指报收于11821.63，下跌0.12%。玻璃玻纤板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301526 | 国际复材 | 6.57 | -6.28% | 285.31万 | 19.23 乙 | | 002201 | 九鼎新材 | 8.24 | -5.50% | 61.35万 | 5.06亿 | | 605006 | 山东坡纤 | 8.53 | -4.69% | 45.71万 | 3.92亿 | | 300196 | 长海股份 | 16.66 | -3.14% | P 21.63万 | 3.59亿 | | 600176 | 中国巨石 | 12.99 | -2.84% | 88.65万 | 11.65亿 | | 002080 | 中材科技 | 32.89 | -1.82% | 43.48万 | 14.29亿 | | 601636 | | ...

Investment Rating - The report maintains a positive outlook on the building materials industry, particularly in AI materials and traditional building materials entering a price increase season [1][3]. Core Insights - The AI materials market continues to expand, driven by the anticipation of mass production in the AI industry chain, which is expected to boost demand for related products [2][3]. - The construction materials sector is showing signs of recovery, with consumption fundamentals expected to improve in the second half of 2025 [10][24]. - The cement industry is entering a peak season, with price increases already observed in the Yangtze River Delta region [30][33]. Summary by Sections AI Materials - The M9 production for switches is expected to ramp up ahead of schedule, with core Q fabric suppliers also increasing production capacity [2]. - The demand for low dielectric fabrics is anticipated to rise alongside the production of GB200 and GB300 cabinets [2][3]. - The overall production ramp-up is seen as a key support for market trends [2]. Cement Industry - The opening of major infrastructure projects in Xinjiang and Tibet is expected to enhance market confidence and drive demand for cement [8][30]. - The cement market has seen a slight price increase, with certain regions experiencing price hikes of 10-30 RMB per ton [33][34]. - The report highlights a potential supply reduction in the North China region due to planned production cuts for air quality improvement [32][33]. Building Materials - The report notes a significant policy shift in Beijing aimed at stimulating the real estate market, which is expected to positively impact consumption building materials [10][24]. - Companies in the consumption building materials sector are beginning to stabilize their earnings, with expectations of improved profitability in the coming quarters [25][26]. - The report emphasizes the importance of cost management and pricing strategies among leading companies in the sector [25][26]. Glass Industry - The float glass market is currently facing price pressures, with average prices declining [41][42]. - Environmental regulations are tightening, which may lead to increased costs for glass manufacturers [42][43]. - Companies like Xinyi Glass are expected to maintain competitive positions despite market challenges, with a focus on profitability in their automotive glass segment [44].

Investment Rating - The report maintains an "Overweight" rating for the construction materials sector [4] Core Views - The construction materials sector is experiencing weak fundamentals, with expectations for more supportive real estate policies [1] - The sector saw a net capital outflow of 517 million yuan during the week, indicating a cautious market sentiment [1] - The report highlights the potential for recovery in municipal engineering projects due to improved government fiscal policies [2] Summary by Sections Cement Industry Tracking - As of August 15, 2025, the national cement price index is 335.75 yuan/ton, a slight decrease of 0.06% from the previous week [3] - The cement output was 2.608 million tons, down 1.27% week-on-week, with a clinker capacity utilization rate of 51.74%, down 13.01 percentage points [3][16] - The cement industry faces challenges including slowing infrastructure growth, increasing differentiation in housing construction, and intense competition in the civil market [16] Glass Industry Tracking - The average price of float glass is 1235.66 yuan/ton, reflecting a decline of 3.08% from the previous week [3] - Inventory levels for float glass have increased, indicating ongoing supply-demand imbalances [6] Fiberglass Industry Tracking - The price of non-alkali fiberglass remains stable, with slight fluctuations in demand due to seasonal factors [7] - The report notes a potential recovery in demand for wind power fiberglass as bidding volumes increase [2] Consumer Building Materials - Consumer building materials are benefiting from favorable second-hand housing transactions and consumption stimulus policies [2] - The report recommends stocks such as Beixin Building Materials and Weixing New Materials for their long-term market share growth potential [9] Carbon Fiber Market - The carbon fiber market is showing signs of slow recovery, with a production rate of 61.49% and an increase in inventory levels [8] - The report emphasizes the importance of monitoring price stabilization in the context of improving economic expectations [2]

Investment Rating - The report maintains an "Overweight" rating for the building materials industry [2]. Core Insights - The real estate sector remains in a weak economic environment, but changes on the supply side are more promising [1]. - The cement sector is expected to benefit from demand driven by urban renewal and supply restrictions, leading to improved market conditions [4][7]. - The report highlights the potential for price increases in waterproofing products, which could enhance industry profit margins [7]. Summary by Sections Industry Overview - The building materials industry consists of 73 listed companies with a total market value of 838.733 billion yuan and a circulating market value of 789.313 billion yuan [2]. - The report notes a decline in real estate development investment, with a 12% year-on-year decrease, and a 4% drop in commercial housing sales area [7]. Key Companies - North New Building Materials: EPS forecast for 2024A is 2.2 yuan, with a "Buy" rating [5]. - Conch Cement: EPS forecast for 2024A is 1.5 yuan, with a "Buy" rating [5]. - China Jushi: EPS forecast for 2024A is 0.6 yuan, with a "Buy" rating [5]. - Weixing New Materials: EPS forecast for 2024A is 0.6 yuan, with a "Buy" rating [5]. - Sankeshu: EPS forecast for 2024A is 0.5 yuan, with an "Overweight" rating [5]. - Huaxin Cement: EPS forecast for 2024A is 1.2 yuan, with a "Buy" rating [5]. - Shandong Pharmaceutical Glass: EPS forecast for 2024A is 1.4 yuan, with a "Buy" rating [5]. - Qibin Group: EPS forecast for 2024A is 0.1 yuan, with an "Overweight" rating [5]. - Dongfang Yuhong: EPS forecast for 2024A is 0.1 yuan, with a "Buy" rating [5]. - Jianlang Hardware: EPS forecast for 2024A is 0.3 yuan, with a "Buy" rating [5]. - China National Materials: EPS forecast for 2024A is 1.5 yuan, with a "Buy" rating [5]. Market Trends - The cement market saw a 0.2% increase in prices, with specific regions experiencing price hikes of 10-30 yuan per ton [31]. - The national cement output for January to July 2025 was 958 million tons, a 4.5% year-on-year decrease [7]. - The report anticipates a steady upward trend in cement prices due to rising coal costs and improved demand conditions [31]. Recommendations - The report recommends focusing on companies that are likely to benefit from supply restrictions and urban renewal projects, such as Huaxin Cement and Conch Cement [7][8]. - It also suggests monitoring companies in the waterproofing sector, like Dongfang Yuhong, for potential profit margin improvements [7].

Core Insights - The prepreg industry in China is experiencing growth driven by lightweight demands, particularly in aerospace, automotive, and construction sectors, with a projected market size of 150 billion yuan in 2024, reflecting an 8.1% year-on-year increase [1][10][12] - Technological advancements, including smart production and eco-friendly thermoplastic prepregs, are enhancing performance and production efficiency [1][10] - The demand for prepregs is expected to rise from 27.2 million square meters in 2019 to 33.8 million square meters in 2024, while production is projected to reach 27.1 million square meters, resulting in a supply-demand gap of 6.7 million square meters [12] Industry Overview - Prepregs are composite materials made by impregnating continuous fibers or fabrics with resin under controlled conditions, widely used in aerospace, automotive, wind energy, and construction [3][6] - The industry is categorized based on physical state, resin matrix, reinforcement materials, fiber length, and curing temperature [4][6] Industry Chain - The upstream materials for the prepreg industry include reinforcement materials (glass fiber, carbon fiber, aramid fiber) and matrix materials (phenolic and epoxy resins) [6] - The midstream involves the manufacturing of prepregs, while the downstream includes the production of composite materials used in various applications [6] Competitive Landscape - The prepreg market is characterized by international firms dominating the high-end market, while Chinese companies focus on the mid to low-end segments [14] - Key international players include Toray and Hexcel, while domestic companies like Zhongfu Shenying and Guangwei Composite are emerging through cost control and technological advancements [14] Market Trends - The demand for high-end prepregs is expected to grow, with ongoing R&D investments aimed at meeting domestic market needs [20] - Continuous innovation in technology, such as nano-modification and rapid curing processes, is anticipated to enhance the mechanical properties and durability of prepregs [21] - The application of prepregs is expanding from high-end sectors like aerospace to consumer markets, including new energy vehicles and sports equipment [23] - The industry is increasingly focusing on sustainable development, exploring bio-based and biodegradable resins to reduce environmental impact [24]

证券之星消息，8月15日玻璃玻纤板块较上一交易日上涨7.47%，国际复材领涨。当日上证指数报收于 3696.77，上涨0.83%。深证成指报收于11634.67，上涨1.6%。玻璃玻纤板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301526 | 国际复材 | 6.38 | 19.92% | 267.39万 | 16.14亿 | | 603601 | 再升科技 | 5.24 | 10.08% | 136.09万 | 6.86亿 | | 603256 | 宏和科技 | 32.86 | 10.01% | 20.31万 | 6.50亿 | | 002080 | 中材科技 | 32.00 | 10.00% | 26.73万 ﮨﮯ | 8.44(乙 | | 300196 | 长海股份 | 16.59 | 7.87% | 38.07万 | 6.18亿 | | 600176 | 中国巨石 | 13.23 | 6.52% | 113.77万 | 15.04亿 | | 002201 | 九 ...

金融界消息 截至2025年8月14日收盘，中国巨石（600176）报收于12.42元，下跌0.32%，换手率 1.18%，成交量47.12万手，成交金额5.93亿元。 通过天眼查大数据分析，中国巨石股份有限公司共对外投资了5家企业，参与招投标项目5000次，此外 企业还拥有行政许可8个。 来源：金融界 中国巨石最新一期业绩显示，截至2025一季报，公司营业总收入44.79亿元、同比增长32.42%，归属净 利润7.30亿元，同比增长108.52%，扣非净利润7.44亿元，同比增长342.45%，流动比率0.969、速动比率 0.690、资产负债率40.17%。 天眼查商业履历信息显示，中国巨石股份有限公司，成立于1999年，位于嘉兴市，是一家以从事专业技 术服务业为主的企业。企业注册资本400313.6728万人民币，实缴资本400313.6728万人民币。公司法定 代表人为刘燕。 资金流向方面，今日主力资金净流出1238.26万元，占比成交额2.09%。其中，超大单净流入454.01万 元、占成交额0.77%，大单净流出1692.27万元、占成交额2.85%，中单净流出流出333.09万元、占成交 额0.5 ...

Investment Rating - The report assigns an "Overweight" rating to the construction materials industry [1]. Core Insights - The confidence in the commencement rhythm of key infrastructure projects in Xinjiang and Tibet continues to improve, while the marginal optimization of real estate policies in Beijing is noted. The consumption building materials sector has entered a phase of fundamental stabilization and recovery [2]. - The report highlights the expected recovery in revenue and profitability for the consumption building materials sector, driven by improved real estate policies and a reduction in price competition [6]. - The cement market is experiencing price stabilization, with regional variations in pricing adjustments due to demand fluctuations and operational strategies among companies [21][22]. - The glass and fiberglass sectors are witnessing a return to value, with strong demand for high-end products and a focus on new structural trends in demand [7]. Summary by Sections 1. Construction Materials Industry Investment Strategy - The report emphasizes the advantages of the cement industry in the western region, including strong infrastructure demand, reliable funding sources, and a concentrated market structure. The industry is expected to see improved profitability in 2025 [5]. - Key companies recommended include Conch Cement, Huaxin Cement, and Tianshan Cement, among others [5]. 2. Market Review - The construction materials sector saw a 1.19% increase from August 4 to August 8, 2025, with cement manufacturing up 2.20% and glass manufacturing down 0.62% [9]. - Individual stock performance showed significant fluctuations, with Tianshan Cement leading with a 10.90% weekly increase [14]. 3. Cement Industry - The national average price for high-standard cement was 339.7 CNY/ton, remaining stable week-on-week. The average price for clinker was 221 CNY/ton [25]. - The report notes that the average shipment rate for cement companies in key regions is around 44%, indicating ongoing demand challenges [21]. - Inventory levels are high, with a national cement inventory ratio of 67.38%, reflecting a slight increase [37]. 4. Glass Industry - The average price of float glass was 1274.90 CNY/ton, down 20.38 CNY/ton week-on-week, with market conditions remaining generally weak [42]. - The report indicates that the production capacity for float glass is stable, with 283 production lines and a daily melting capacity of 158,355 tons [42][59]. 5. Fiberglass Industry - The market for non-alkali fiberglass is stable, with prices for electronic yarns expected to remain steady due to strong demand for high-end products [63]. - The report highlights the need to reassess the fiberglass industry's profitability due to structural demand changes, recommending companies like China Jushi and China National Building Material [63].