经济观察网 根据公开信息和市场数据，青松建化（600425.SH）在2026年2月24日出现股价异动，收盘 报4.57元，单日上涨3.16%，成交额1.49亿元，换手率2.04%。此次异动主要受以下因素驱动： 行业板块情况 当日A股市场建材板块整体表现活跃，建筑材料板块上涨3.71%，水泥板块上涨1.14%。根据数字水泥网 2025年12月的报告，尽管全国水泥需求整体偏弱，但南方地区进入年末赶工期，需求环比有所恢复，市 场对区域水泥企业存在边际改善预期。青松建化作为新疆地区水泥龙头企业（水泥业务收入占比 70.29%），受益于板块情绪提振。 资金面与技术面 量价配合：成交额较近期平均水平显著放大（量比1.23），换手率2.04%高于近期均值，显示市场参与 度提升。 市场环境 资金流向：尽管主力资金净流出1951.51万元，但散户资金净流入2577.28万元，形成资金接力。股价突 破20日均线（4.552元）并接近布林带上轨（4.649元），短期技术面偏强。 公司基本面 业绩承压但估值低位：公司2025年前三季度营收30.59亿元，同比下降11.44%，归母净利润3.13亿元， 同比下降22.81%。但当前市盈 ...

Summary of Key Points Core Viewpoint - On February 11, a total of 7 companies had their restricted shares unlocked, with a combined unlock volume of 730 million shares, amounting to a market value of 12.451 billion yuan based on the latest closing prices [1] Group 1: Unlock Volume and Market Value - The companies with the highest unlock volumes were Hailianxun, Qingsong Jianhua, and Mailande, with unlock shares of 426 million, 226 million, and 63.173 million respectively [1] - In terms of unlock market value, Hailianxun, Mailande, and Qingsong Jianhua led with values of 7.696 billion yuan, 2.818 billion yuan, and 1.03 billion yuan respectively [1] Group 2: Unlock Ratio - The companies with the highest unlock ratios relative to their total share capital were Mailande, Hailianxun, and Qingsong Jianhua, with ratios of 63.17%, 28.07%, and 14.08% respectively [1]

Summary of Key Points Core Viewpoint - On February 11, a total of 7 companies had their restricted shares unlocked, with a total unlocking volume of 730 million shares, amounting to a market value of 12.451 billion yuan based on the latest closing prices [1] Group 1: Unlocking Volume - The companies with the highest unlocking volumes were Hailianxun, Qingsong Jianhua, and Mailande, with unlocking shares of 426 million, 226 million, and 6.317 million respectively [1] Group 2: Unlocking Market Value - In terms of unlocking market value, Hailianxun, Mailande, and Qingsong Jianhua led with market values of 7.696 billion yuan, 2.818 billion yuan, and 1.03 billion yuan respectively [1] Group 3: Proportion of Total Share Capital - The companies with the highest proportion of unlocked shares relative to total share capital were Mailande, Hailianxun, and Qingsong Jianhua, with unlocking ratios of 63.17%, 28.07%, and 14.08% respectively [1]

Core Viewpoint - On February 10, a total of 7 listed companies will have their restricted shares unlocked, with a total market value of approximately 5.102 billion yuan [1] Group 1: Company Specifics - Qingsong Jianhua (Stock Code: 600425) will unlock 226 million shares from the issuance of A-shares to original shareholders [1] - Wuchan Jinlun (Stock Code: 002722) will unlock 31.07 million shares from the issuance of A-shares to legal persons [1] - Igor (Stock Code: 002922) will unlock 872,400 shares from equity incentive restrictions [1] - Laisentongling (Stock Code: 603900) will unlock 1.155 million shares from equity incentive restrictions [1] - Xidiwei (Stock Code: 688173) will unlock 1.7208 million shares [1] - Mailande (Stock Code: 688273) will unlock 63.1732 million shares [1] - Yutaiwei (Stock Code: 688515) will unlock 30.1806 million shares [1]

Summary of Key Points Core Viewpoint - A total of 31 companies will have their restricted shares unlocked from February 9 to February 13, with a total of 2.446 billion shares being released, amounting to a market value of 36.293 billion yuan based on the closing price on February 6 [1]. Group 1: Unlocking Details - February 9 is identified as the peak day for share unlocks, with 12 companies releasing shares worth a total of 30.741 billion yuan, which constitutes 84.71% of the total unlocking scale for the week [1]. - The top three companies by market value of unlocked shares are Hunan YN (24.096 billion yuan), Gansu Energy Chemical (4.008 billion yuan), and Meilan De (2.744 billion yuan) [1]. Group 2: Unlocking Volume - The companies with the highest number of unlocked shares are Gansu Energy Chemical (1.623 billion shares), Hunan YN (374 million shares), and Qingsong Jianhua (226 million shares) [1]. Group 3: Types of Restricted Shares - The types of restricted shares being unlocked include 9 from original shareholders of the initial public offering (IPO), 8 from general equity incentives, 5 from directed placements, 5 from restricted equity incentives, 3 from strategic placements of the IPO, 2 from institutional placements of the IPO, and 1 from other types [1].

Core Viewpoint - Qingsong Jianhua announced the public listing of restricted shares from a non-public offering, with a total of 225,913,621 shares set to be available for trading starting February 11, 2026 [2] Group 1 - The shares being listed are from a non-public offering, indicating a strategic move to enhance liquidity and potentially attract new investors [2] - The total number of shares that will be available for trading is 225,913,621, which could impact the stock's market dynamics [2] - The listing date for these shares is set for February 11, 2026, marking a significant future event for the company [2]

天风证券股份有限公司关于新疆青松建材化工集团股份有限公司 非公开发行股票限售股解除限售上市流通的核查意见 天风证券股份有限公司（以下简称"天风证券"或"保荐人"）作为新疆 青松建材化工集团股份有限公司（以下简称"青松建化"或"公司"）非公开 发行 A 股股票的保荐人，根据《证券发行上市保荐业务管理办法》《上海证券 交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 11 号——持 续督导》等相关法律、法规和规范性文件的规定，对青松建化非公开发行股票 限售股解除限售上市流通的事项进行了审慎核查，具体核查情况如下： 一、本次解除限售股份取得的情况 （一）本次解除限售股份的基本情况 本次限售股上市类型为非公开发行限售股，情况如下： 1、核准情况 2022 年 11 月 16 日，中国证券监督管理委员会出具《关于核准新疆青松建 材化工（集团）股份有限公司非公开发行股票的批复》（证监许可〔2022〕289 3 号），核准公司非公开发行不超过 225,913,621 股新股，发生转增股本等情形 导致总股本发生变化的，可相应调整本次发行数量。该批复自核准发行之日起 12 个月内有效。 本次非公开发行股票的发行对象为 ...

Group 1 - Company Qing Song Jian Hua announced that approximately 226 million restricted shares will be unlocked and listed for circulation on February 11, 2026, accounting for 14.08% of the company's total share capital [1]

证券代码：600425 证券简称：青松建化 公告编号：2026-002 新疆青松建材化工集团股份有限公司 关于非公开发行限售股解禁上市流通的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为非公开发行股份；股票认购方式为网下， 上市股数为225,913,621股。 本次股票上市流通总数为225,913,621股。 本次股票上市流通日期为2026 年 2 月 11 日。 一、本次限售股上市类型 新疆青松建材化工集团股份有限公司（以下简称"公司"或"青 松建化"）本次限售股上市类型为非公开发行限售股，情况如下： （一）核准情况 2022 年 11 月 16 日，中国证券监督管理委员会出具《关于核准 新疆青松建材化工（集团）股份有限公司非公开发行股票的批复》（证 监许可〔2022〕2893 号），核准公司非公开发行不超过 225,913,621 股 新股，发生转增股本等情形导致总股本发生变化的，可相应调整本次 发行数量。该批复自核准发行之日起 12 个月内有效。 （二）股份登记时间 本次非公 ...

Group 1 - The cement sector experienced a decline of 4.27% on February 2, with Tianshan Shares leading the drop [1] - The Shanghai Composite Index closed at 4015.75, down 2.48%, while the Shenzhen Component Index closed at 13824.35, down 2.69% [1] - Key individual stock performances in the cement sector included: - Tianshan Shares (code: 000877) down 9.89% to 5.10 [2] - Huaxin Cement (code: 600801) down 7.92% to 23.02 [2] - Conch Cement (code: 600585) down 4.20% to 23.49 [2] Group 2 - The net capital outflow from the cement sector was 152 million yuan, while retail investors saw a net inflow of 106 million yuan [2] - Major capital flows included: - Huaxin Cement had a net inflow of 61.97 million yuan from main capital [3] - Tianshan Shares had a net inflow of 23.90 million yuan from main capital [3] - Hainan Ruize (code: 002596) saw a net inflow of 57.67 million yuan from main capital [3]