宁夏建材集团股份有限公司第八届董事会第三十三次会议通知和材料于2025年10月10 日以通讯方式送达。公司于2025 年10 月20 日下午13:30 以现场与视频相结合方式召开第 八届董事会第三十三次会议，会议应参加董事7 人，实际参加董事7 人，符合《公司法》及 《公司章程》的规定。会议由董事长王玉林主持，经与会董事审议，通过以下决议： 一、审议并通过《宁夏建材集团股份有限公司2025 年第三季度报告》（有效表决票数7 票，7 票赞成，0 票反对，0 票弃权）。 详情请阅公司于2025 年10 月21 日在中国证券报、上海证券报、证券时报及上海证券交 易所网站（http://www.sse.com.cn）披露的《宁夏建材集团股份有限公司2025 年第三季度报 告》。 该议案在提交公司董事会审议前已经公司第八届董事会审计委员会第二十八次会议审 议通过。 股票代码：600449 股票简称：宁夏建材 公告编号：2025－021 宁夏建材集团股份有限公司 第八届董事会第三十三次会议决议公告 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法律 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 1,490,014,559.44, a decrease of 39.75% compared to the same period last year[3] - The total profit for the third quarter was CNY 142,309,058.40, reflecting a slight increase of 1.28% year-on-year[3] - The net profit attributable to shareholders was CNY 115,787,522.03, down 2.16% from the previous year[3] - The company reported a significant decrease in operating revenue for the year-to-date period, down 40.27% to CNY 4,045,478,662.27[3] - Total operating revenue for the first three quarters of 2025 was CNY 4,045,478,662.27, a decrease of 40.4% compared to CNY 6,772,632,934.84 in the same period of 2024[20] - Operating profit for the first three quarters of 2025 increased to CNY 277,144,758.36, compared to CNY 204,965,010.51 in 2024, reflecting a growth of 35%[20] - Net profit for the first three quarters of 2025 was CNY 278,237,262.55, up from CNY 199,027,167.66 in 2024, indicating a growth of 39.9%[20] - The net profit for the first three quarters of 2025 reached CNY 231,305,555.62, an increase of 33.3% compared to CNY 173,608,283.34 in the same period of 2024[21] - Net profit for the first three quarters of 2025 was CNY 232,178,699.79, compared to CNY 11,437,201.80 in the first three quarters of 2024, reflecting a substantial growth[30] Cash Flow and Liquidity - The net cash flow from operating activities increased by 102.28% to CNY 302,662,132.42[3] - Cash flow from operating activities for the year-to-date period was 114.96 million, as the decline in cash received from sales was less than the decline in cash paid for purchases[9] - Cash received from investment redemptions increased to 122.22 million, driven by higher redemptions of structured deposit financial products[9] - The operating cash flow for the first three quarters of 2025 was CNY 658,166,400.45, up from CNY 306,181,932.10 in the previous year, representing a growth of 115.5%[24] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 123,361,486.15, a turnaround from a negative cash flow of CNY -366,917,800.10 in the same period of 2024[33] - The total cash and cash equivalents at the end of September 2025 amounted to CNY 1,799,293,522.69, compared to CNY 980,151,503.56 at the end of 2024, indicating an increase of 83.4%[25] - Cash and cash equivalents at the end of the third quarter of 2025 totaled CNY 1,740,486,711.63, up from CNY 900,531,511.22 at the end of the third quarter of 2024[34] - The company reported cash inflows from investment activities of CNY 4,640,967,674.90 in the first three quarters of 2025, significantly higher than CNY 2,091,733,442.25 in the same period of 2024[24] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 10,436,675,685.01, a decrease of 1.72% from the end of the previous year[4] - Total assets as of September 30, 2025, were CNY 10,436,675,685.01, a slight decrease from CNY 10,618,963,806.74 at the end of 2024[18] - Total liabilities decreased to CNY 2,666,827,136.03 as of September 30, 2025, from CNY 2,963,858,822.65 at the end of 2024, a reduction of 10%[18] - The total assets increased to CNY 9,826,414,666.07 as of the end of the reporting period, compared to CNY 9,603,707,961.66 at the end of the previous period[28] - Total liabilities amounted to CNY 2,874,517,630.13, an increase from CNY 2,783,571,606.69 in the previous period[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,346[12] - The largest shareholder, China National Building Material Group Corporation, holds 49.03% of the shares[12] Investment and Income - Investment income for the year-to-date period increased to 63.60 million due to higher redemption gains from structured deposits[9] - Share of profit from associates and joint ventures rose to 33.96 million, attributed to increased profits from joint ventures[9] - Total profit for the year-to-date period reached 39.80 million, reflecting an increase in operating profit[9] - The company reported a significant increase in asset disposal gains, amounting to 964.70 million, due to higher gains from fixed asset disposals[9] - The company reported an investment income of CNY 255,492,242.62 for the first three quarters of 2025, a notable increase from CNY 19,333,595.73 in the same period of 2024[30] Expenses - The basic earnings per share for the quarter was CNY 0.24, a decrease of 4.00% compared to the same period last year[4] - Research and development expenses for the first three quarters of 2025 were CNY 22,124,745.13, down 19.3% from CNY 27,368,208.44 in 2024[20] - The cash outflow for purchasing fixed assets and other long-term assets was CNY 62,637,026.60 in 2025, down from CNY 77,076,711.84 in 2024, indicating a decrease of 18.6%[25] - The financial expenses showed a significant improvement, with a net financial income of CNY 8,446,874.49 in the first three quarters of 2025, compared to a loss of CNY 14,044,125.54 in the same period of 2024[30] Other Comprehensive Income - The company’s other comprehensive income attributable to minority shareholders increased to CNY 9,871,974.38 from CNY 2,771,834.75, marking a growth of 256.5%[21] Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[35]

格隆汇10月20日丨宁夏建材(600449.SH)公布，公司前三季度实现营业收入40.45亿元，同比下降 40.27%；归属于上市公司股东的净利润2.21亿元，同比增长29.62%；归属于上市公司股东的扣除非经常 性损益的净利润1.78亿元，同比增长26.89%；基本每股收益0.46元。 ...

Core Insights - Ningxia Building Materials reported a third-quarter revenue of 1.49 billion yuan, a year-on-year decrease of 39.75% [1] - The net profit for the third quarter was 116 million yuan, reflecting a year-on-year decline of 2.16% [1] - For the first three quarters, the total revenue was 4.045 billion yuan, down 40.27% year-on-year [1] - The net profit for the first three quarters was 221 million yuan, showing a year-on-year increase of 29.62% [1] Financial Performance - Third-quarter revenue: 1.49 billion yuan, down 39.75% year-on-year [1] - Third-quarter net profit: 116 million yuan, down 2.16% year-on-year [1] - First three quarters revenue: 4.045 billion yuan, down 40.27% year-on-year [1] - First three quarters net profit: 221 million yuan, up 29.62% year-on-year [1]

Market Overview - The cement sector increased by 0.24% on October 20, with Hanjian Heshan leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Individual Stock Performance - Hanjian Heshan (603616) closed at 5.30, up 2.51% with a trading volume of 105,700 shares and a turnover of 55.47 million yuan [1] - Fujian Cement (600802) closed at 5.75, up 1.77% with a trading volume of 187,500 shares and a turnover of 108 million yuan [1] - Other notable performers include Sanhe Yingshao (003037) at 8.00 (+1.65%), Longquan Co. (002671) at 5.09 (+1.19%), and Xibu Construction (002302) at 6.97 (+1.16%) [1] Capital Flow Analysis - The cement sector experienced a net outflow of 121 million yuan from institutional investors, while retail investors saw a net inflow of 102 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying [2] Detailed Capital Flow for Selected Stocks - Conch Cement (600585) had a net inflow of 18.35 million yuan from institutional investors, but a net outflow of 5.47 million yuan from retail investors [3] - Jinyu Group (000401) saw a significant net inflow of 10.42 million yuan from institutional investors, while retail investors had a net outflow of 13.28 million yuan [3] - Qing Song Jianhua (600425) reported a net inflow of 8.90 million yuan from institutional investors, with retail investors also experiencing a net outflow of 12.95 million yuan [3]

Core Viewpoint - The company will hold a performance briefing on October 24, 2025, to discuss its Q3 2025 results and address investor questions [2][3][4]. Group 1: Meeting Details - The performance briefing is scheduled for October 24, 2025, from 15:00 to 16:00 [2][4]. - The meeting will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [2][5]. - Investors can submit questions from October 17 to October 23, 2025, through the Roadshow Center website or via the company's email [2][5]. Group 2: Participants - Key participants in the meeting will include the company's Chairman Wang Yulin, Independent Director and Audit Committee Chairman Luo Libang, CFO Liang Luan, and Board Secretary Lin Fengping [4]. Group 3: Investor Participation - Investors can join the performance briefing online on October 24, 2025, and the company will respond to questions during the session [5][6]. - A pre-collection of questions is available for investors to engage with the company prior to the meeting [5]. Group 4: Contact Information - The company’s Securities Legal Affairs Department can be contacted for inquiries via phone or email [6].

股票代码：600449 股票简称：宁夏建材 公告编号：2025-020 宁夏建材集团股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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法律责任。 重要内容提示： 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 10 月 17 日至 10 月 23 日 16:00 前登录上证路演中心网 站首页点击"提问预征集"栏目或通过公司邮箱 ningxiajiancai@163.com 进行 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。 宁夏建材集团股份有限公司（以下简称公司）将于 2025 年 10 月 21 日发布 公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第 三季度经营成果、财务状况，公司计划于 2025 年 10 月 24 日下午 15:00-16:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 （二） 会议召开地点：上证路演中心 （三） 会议召开方式：上证路演中心网络互动 三、 ...

Group 1 - The cement sector experienced a decline of 2.52% on October 16, with Tibet Tianlu leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] - Individual stock performance in the cement sector varied, with notable movements including Huanzi House rising by 1.78% and other companies like Jinyu Modong and Ningxia Building Materials declining by 0.59% and 0.74% respectively [1] Group 2 - The cement sector saw a net outflow of 710 million yuan from main funds, while retail investors contributed a net inflow of 663 million yuan [2] - Specific stock fund flows indicated that Hainan Ruize had a main fund net inflow of 20.83 million yuan, while companies like Ningxia Building Materials and Jianfeng Group experienced minor inflows and outflows [2] - The overall trend showed that retail investors were more active in the cement sector, with significant net inflows despite the main funds pulling back [2]

Investment Rating - The investment rating for the building materials industry is "Overweight" [70] Core Insights - The overall ESG scores for the 11 central enterprises in the building materials sector are good, with strengths in climate change response and social responsibility, while governance performance varies among companies [10][58] - The importance assessment shows that 10 companies have completed dual importance assessments, but third-party verification is lacking, with only one company introducing third-party validation [13][15] - Environmental and climate issues are prioritized, with scores ranging from 24 to 34 out of 35, indicating a strong focus on compliance and green transformation [17][18] - Social responsibility is highlighted through initiatives in rural revitalization and public welfare, with all companies demonstrating a strong commitment to social responsibility [44][47] - Governance structures are generally well-established, with most companies scoring high in governance mechanisms, although there is room for improvement in ESG information supervision [58][65] Summary by Sections Overall Performance - The ESG scores for the 11 central enterprises are generally above 70, with 2 companies scoring above 90, 5 between 80-89, 3 between 70-79, and 1 between 60-69 [10][12] Importance Assessment - 10 companies disclosed importance assessments, with a focus on financial performance-related issues, but only one company provided third-party verification [13][15] Environmental & Climate - The total scores for environmental and climate issues range from 24 to 34, with 7 companies scoring between 30-34, indicating a strong emphasis on both environmental compliance and climate disclosure [17][18] - All companies disclosed their waste management practices, with a 100% disclosure rate for waste treatment [20] Social Responsibility - All 11 companies disclosed their social responsibility initiatives, particularly in rural revitalization and public welfare, demonstrating a strong commitment to social issues [44][47] Governance - Governance scores are concentrated in the mid to high range, with 9 out of 11 companies achieving high scores in governance structure [58][65] - Most companies have established effective governance mechanisms, but there is a need for improved transparency in ESG information supervision [58][65]

Investment Rating - The report rates the central state-owned enterprises in the building materials industry as "Positive" [2] Core Insights - The overall ESG scores of the 11 central state-owned enterprises in the building materials sector are good, with strengths in climate change response and social responsibility, while governance performance varies among companies [4][12] - The scoring results show that 2 companies scored above 90, 5 companies scored between 80-89, 3 companies scored between 70-79, and 1 company scored between 60-69, with no companies scoring below 60 [12] - The report emphasizes the importance of ESG performance in the context of increasing regulatory requirements and market expectations [4] Summary by Sections 1. Overall Scores and Areas for Improvement - The ESG scores of the 11 central state-owned enterprises are generally good, with climate change and social responsibility being strong points, while governance disclosures need improvement [12] 2. Importance Assessment - 10 out of 11 companies disclosed importance assessments, indicating a high level of awareness regarding issues related to their financial performance [15][17] - Only 1 company included third-party verification in their ESG report, highlighting a gap in external validation [15][17] 3. Environmental & Climate Focus - The total scores for "environment + climate change" range from 24 to 34 (out of 35), with 7 companies scoring between 30-34, indicating a strong focus on these issues [20] - All companies disclosed their waste management practices, with a 100% disclosure rate for "three wastes" [24] 4. Social Responsibility - All 11 companies disclosed their contributions to rural revitalization and social welfare, reflecting a strong commitment to social responsibility [53][56] - Most companies provided detailed accounts of their funding, project execution, and social impact [53] 5. Governance Structure - The governance scores are primarily in the mid to high range, with 9 out of 11 companies achieving full marks in three governance areas [68] - Most companies have established robust governance mechanisms, but disclosures regarding ESG information supervision are still lacking [68][71] 6. Climate Management - 8 companies have established climate management frameworks, but there is a need for improved transparency and quantification in risk management [49] - All companies disclosed their climate-related targets, focusing on carbon reduction and energy efficiency [50]