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 证券代码：600801 证券简称：华新建材 公告编号：2026-003 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 《關於持股 5%以上股東增持股份觸及 1%整 數倍的提示性公告》，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 2026 年 2 月 2 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 Krieg ...

Group 1 - The core point of the article is that Huaxin Cement (600801.SH) announced a shareholding increase by its major shareholder, Huaxin Group Limited, which acquired a total of 15.4687 million shares from January 12, 2026, to February 2, 2026, representing 0.74% of the company's total share capital [1] Group 2 - The share acquisition was conducted through centralized bidding on the stock exchange [1] - The announcement was made on February 2, 2026, following the completion of the share purchase [1]

华新建材集团股份有限公司 关于持股5%以上股东增持股份触及1%整数倍的 提示性公告 本公司持股5%以上股东华新集团有限公司保证向本公司提供的信息真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：600801 证券简称：华新建材 公告编号：2026-003 一、本次权益变动的基本情况 本公司于 2026年2月2日收到公司股东华新集团有限公司（以下简称"华新集团"） 发来的《关于增持股份情况的告知函》，获悉其于 2026年1月12日至2026年2月2日期 间通过证券交易所集中竞价交易的方式合计增持公司股份15,468,700股，占公司总 股本的0.74%，现将具体增持情况公告如下： | 投资者名称 | 变动前股数 | 变动前比例 | 变动后股数 | 变 动 后 比 | 权 益 变 动 方 | 权 益变动 的时 间 | | --- | --- | --- | --- | --- | --- | --- | | | | （%） | | 例（%） | 式 | 区间 | | 华 新 集 团 有 限公司 | 338,060,739 | 16.26 | 353,529,439 | 17.00 | 集中竞价 ...

Core Viewpoint - Huanxin Building Materials announced that its major shareholder, Huanxin Group, increased its stake in the company by acquiring 15.4687 million shares, representing 0.74% of the total share capital during the period from January 12 to February 2, 2026 [1] Group 1 - Before the transaction, Huanxin Group held 338 million shares, accounting for 16.26% of the total shares [1] - After the transaction, Huanxin Group's holdings increased to 354 million shares, which is 17% of the total shares [1] - This equity change is part of a previously disclosed share change plan and does not trigger a mandatory bid or alter the control of the company [1]

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]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 華新建材集團股份有限公司 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06655 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 734,720,000 | RMB | | 1 RMB | | 734,720,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 734,720,000 | RMB | | 1 RMB | | 734,720,000 | | 2. 股份分類 | 普通股 | 股份類別 | A ...

Group 1 - Huanxin Building Materials experienced a 5% decline in stock price, trading at 23.75 yuan per share with a total market capitalization of 49.376 billion yuan [1] - The company, established on November 30, 1993, specializes in cement manufacturing and sales, cement technology services, and related construction materials [1] - The revenue composition of Huanxin Building Materials includes 54.56% from cement sales, 21.54% from concrete sales, 17.22% from aggregate sales, 4.21% from other products, and 2.47% from clinker sales [1] Group 2 - Qianhai Kaiyuan Fund holds 135,000 shares of Huanxin Building Materials, representing 1.19% of the fund's net value, making it the fifth-largest holding [2] - The fund has reported a floating loss of approximately 168,700 yuan due to the stock's performance [2] - The fund manager, Liu Hong, has been in charge for 4 years and 329 days, with the fund's total asset size at 1.646 billion yuan [2]

Investment Rating - The report maintains an "Outperform" rating for the construction materials sector, indicating a positive outlook for the industry [2]. Core Views - The construction materials sector is expected to benefit from a new round of urban renewal, with significant potential in the consumer building materials segment as it shows resilience against the declining demand in the new housing market [2][9]. - The industry is witnessing a consolidation trend, with leading companies emerging from the profit trough, while smaller firms are being eliminated due to declining profitability [2][9]. - Price increases have been observed in various segments, including waterproofing, coatings, and gypsum board, as companies adjust their strategies post-downturn [2][9]. Summary by Sections Cement - The cement market is entering a traditional off-season, with demand expected to weaken. The average price is around 350 RMB per ton, showing a slight decrease of 2.7 RMB per ton [25][32]. - The average shipment rate for cement companies has increased by approximately 3 percentage points, reaching about 32% [27][32]. - Recommendations include companies like Huaxin Cement and Conch Cement, with a focus on potential new projects post-Chinese New Year [32]. Glass - The glass sector is also entering a demand lull, with the average price of float glass at 1,145 RMB per ton, reflecting a weekly increase of 6 RMB [34]. - Inventory levels have decreased, with a reported stock of approximately 4,927 million weight boxes, down by 1% week-on-week [34]. - Companies to watch include Qibin Group and Xinyi Glass, as the industry anticipates a stabilization point after recent downturns [34][46]. Fiberglass - The fiberglass market is expected to maintain stable prices in the short term, with a potential for price increases post-holiday due to stable demand in wind power and thermoplastic sectors [9][12]. - The price of electronic cloth is currently stable, with expectations for continued high demand in mid-to-high-end products [12]. - Key recommendations include China Jushi and International Composites, with a focus on their growth potential [9][12]. Carbon Fiber - Carbon fiber prices are stable, with the commercial aerospace sector expected to drive new demand growth in 2026 [12][15]. - The industry is currently facing profitability pressures, but the development of commercial aerospace may provide new opportunities [12][15]. - Companies to monitor include Zhongfu Shenying and Guangwei Composites, as they may benefit from this emerging demand [12][15].

Core Insights - The construction materials industry is currently at a low valuation level, with a focus on urban renewal and related opportunities. The allocation ratio for construction materials in Q4 2025 is 0.72%, an increase of 0.11 percentage points from Q3 2025, indicating significant potential for valuation recovery [6][15]. Group 1: Urban Renewal and Market Dynamics - The Ministry of Natural Resources and the Ministry of Housing and Urban-Rural Development issued a notice on January 20, 2026, to support urban renewal actions, providing specific operational guidelines for the "14th Five-Year Plan" urban renewal strategy. This includes a focus on "two renewals and two new projects," emphasizing the construction of underground pipelines and comprehensive utility tunnels [24]. - Companies involved in urban renewal and the renovation of old neighborhoods, such as Dongfang Yuhong, Keshun Co., Sankeshu, Weixing New Materials, and China Liansu, are recommended for attention [24]. Group 2: Construction Materials Sector Overview - The construction materials sector is experiencing a recovery in profitability, with expectations for continued improvement in 2026. The supply-side adjustments and structural changes in demand are expected to support this recovery [37]. - The cement market saw a 0.8% decrease in prices week-on-week, with the national average price at 345 RMB/ton as of January 30, 2026. The industry is currently at a historical low valuation, with companies like Huaxin Cement, Conch Cement, and Shafeng Cement recommended for investment [6][38]. Group 3: Key Company Developments - Keshun Co. established a semiconductor company to explore a second growth curve, focusing on integrated circuit chips and related technologies [20]. - Weixing New Materials plans to acquire an 88.26% stake in Beijing Songtiancheng Technology Co., enhancing its capabilities in municipal pipeline systems and expanding its market reach [23]. - Leading companies in the construction materials sector, such as Sankeshu and Huaxin Cement, are expected to report significant profit growth in 2025, driven by strong operational resilience and strategic adjustments [25][27].

Investment Rating - The report maintains a "Market Weight" rating for the building materials industry, indicating that the industry index is expected to perform within ±10% of the market index over the next six months [49]. Core Insights - The building materials industry is experiencing a recovery in profitability, with some consumer building materials products seeing price increases due to rising raw material costs [2][5]. - The cement sector is expected to show resilience in profitability, supported by significant infrastructure projects and urban renewal initiatives in 2026, despite a projected decline in cement production in 2025 [4][41]. - The glass and fiberglass sectors are undergoing structural adjustments, with a focus on high-end products and green transformation, while traditional segments face challenges from real estate market weaknesses [42][43]. - The consumer building materials segment is witnessing a trend of price stabilization and recovery, driven by demand for renovation and urban renewal, despite a slowdown in new construction [44]. Summary by Sections Cement Industry - In Q1 2026, cement companies are expected to implement significant production cuts, with an average shutdown period of 46 days nationwide, aimed at balancing supply and demand [4][41]. - The average cost of P.O42.5 bulk cement is reported at 197 RMB/ton, with a gross profit margin of 17% [4]. - The industry is projected to recover gradually, contingent on effective supply-side policies and infrastructure investment [4][41]. Glass and Fiberglass - The flat glass market is expected to stabilize as production capacity is controlled and environmental standards are enforced, although demand remains weak due to real estate sector challenges [42]. - The fiberglass industry is in a recovery phase, with a focus on eliminating inefficient capacity and enhancing production quality through technological upgrades [43]. Consumer Building Materials - Major companies like Keshun and Sankeshu have announced price increases due to rising costs of raw materials, indicating a trend towards price recovery in the sector [44]. - The demand for renovation and urban renewal is expected to drive growth, while leading companies are enhancing their market share through brand strength and service improvements [44]. Recommended Stocks - The report suggests focusing on companies with strong fundamentals and high dividend yields, including Shangfeng Cement, Tapa Group, and Huaxin Cement [4][45].