Group 1 - The core point of the news is that Yao Pi Glass experienced a stock price increase of 7.59%, reaching 7.65 CNY per share, with a total market capitalization of 7.152 billion CNY [1] - Yao Pi Glass specializes in the production and sale of various types of glass, with its main revenue sources being automotive processing glass (38.72%), building processing glass (35.22%), float glass (32.77%), and other products (1.70%) [1] - The company is located in the China (Shanghai) Pilot Free Trade Zone and was established on November 23, 1993, with its listing date on January 28, 1994 [1] Group 2 - Among the top circulating shareholders of Yao Pi Glass, a fund under Huatai-PineBridge ranked as a significant holder, while the China Securities Shanghai State-Owned Enterprises ETF (510810) reduced its holdings by 311,700 shares, now holding 2.8038 million shares, which is 0.3% of the circulating shares [2] - The China Securities Shanghai State-Owned Enterprises ETF (510810) was established on July 28, 2016, with a current scale of 7.942 billion CNY, achieving a year-to-date return of 11.94% and a one-year return of 23.71% [2] - The fund manager of the China Securities Shanghai State-Owned Enterprises ETF is Wu Zhenxiang, who has a cumulative tenure of 15 years and 251 days, with the fund's total asset size at 19.181 billion CNY [3]

Core Viewpoint - The report highlights a decline in China's tempered glass production, indicating a challenging market environment for the industry from 2025 onwards [1] Industry Summary - According to the National Bureau of Statistics, the production of tempered glass in China for August 2025 was 0.4 million square meters, representing a year-on-year decrease of 5% [1] - Cumulatively, from January to August 2025, the total production of tempered glass reached 3.4 million square meters, which is a decline of 9.4% compared to the previous year [1] - The report from Zhiyan Consulting provides insights into the supply and demand dynamics of the tempered glass industry in China from 2025 to 2031, suggesting a need for strategic adjustments by industry players [1] Company Summary - Listed companies in the tempered glass sector include Qibin Group (601636), Nanshan Glass A (000012), Fuyao Glass (600660), Jinjing Technology (600586), Kaisheng New Energy (600876), Yaopi Glass (600819), Shandong Pharmaceutical Glass (600529), and Yamaton (002623) [1]

2020-2025年1-8月中国夹层玻璃产量统计图 上市企业：旗滨集团（601636）,南玻Ａ（000012）,福耀玻璃（600660）,金晶科技（600586）,凯盛新能 （600876）,耀皮玻璃（600819）,山东药玻（600529）,亚玛顿（002623） 相关报告：智研咨询发布的《2025-2031年中国夹层玻璃行业市场现状调查及发展趋向研判报告》 根据国家统计局数据显示：2025年8月中国夹层玻璃产量为1443万平方米，同比增长6.6%；2025年1-8月 中国夹层玻璃累计产量为10610.5万平方米，累计增长6.6%。 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Overview - The laminated glass market in China is expected to reach a demand of 110.746 million square meters and a market size of 21.717 billion yuan in 2024, with a production volume of 157.651 million square meters [1][10] - The demand for laminated glass is driven by increasing national income levels and safety awareness, leading to its widespread application in construction and automotive sectors [1][10] Market Policies - The Chinese government has implemented various policies to support the development of the glass industry, including standards and guidelines aimed at promoting safety and sustainability [6] Industry Chain - The laminated glass industry chain includes upstream suppliers of raw materials like quartz sand and soda ash, midstream manufacturers of laminated glass, and downstream applications in construction, automotive, and other sectors [9] Current Market Situation - The construction sector accounts for nearly 50% of the laminated glass demand, with significant applications in residential, commercial, and public buildings [9][10] - The automotive sector is also a growing market for laminated glass, particularly with the rise of electric vehicles [10] Competitive Landscape - The laminated glass market in China is highly competitive, with domestic companies like Fuyao Glass, Xinyi Glass, and Flat Glass leading the market, achieving a domestic market share of 98.75% by 2024 [10][12] - Fuyao Glass reported a revenue of 21.450 billion yuan in the first half of 2025, with automotive glass accounting for 91.10% of its revenue [12] - Flat Glass achieved a revenue of 7.737 billion yuan in the same period, with a gross profit margin of 14.05% [12] Future Trends - The laminated glass industry is expected to see increased consolidation as smaller, less efficient companies are phased out due to stricter environmental standards [14] - The Belt and Road Initiative is anticipated to open new international markets for Chinese laminated glass companies, particularly in Southeast Asia and Africa [14]

Market Overview - On September 25, the glass fiber sector rose by 1.46% compared to the previous trading day, with China Jushi leading the gains [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - China Jushi (600176) closed at 17.08, up 5.56% with a trading volume of 1.5415 million shares [1] - Yao Pi Glass (618009) closed at 7.53, up 3.58% with a trading volume of 488,800 shares [1] - Qibin Group (601636) closed at 6.81, up 3.03% with a trading volume of 616,800 shares [1] - Honghe Technology (603256) closed at 36.65, up 1.78% with a trading volume of 156,200 shares [1] - Other notable performances include Kaisheng New Energy (600876) at 10.58, up 0.86%, and Sanxia New Materials (600293) at 3.05, unchanged [1] Capital Flow - The glass fiber sector experienced a net outflow of 202 million yuan from institutional investors, while retail investors saw a net inflow of 33.26 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Individual Stock Capital Flow - Yao Pi Glass saw a net outflow of 39.93 million yuan from institutional investors, while retail investors had a net inflow of 6.71 million yuan [3] - Honghe Technology had a net inflow of 5.24 million yuan from institutional investors, with a slight net outflow from retail investors [3] - Other stocks like North Glass (002613) and South Glass A (000012) also showed varied capital flows, indicating differing investor sentiments across the sector [3]

Market Overview - On September 24, the glass and fiberglass sector declined by 1.93%, with Honghe Technology leading the drop [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Stock Performance - Key stocks in the glass and fiberglass sector showed varied performance, with Jin Jing Technology rising by 4.86% to a closing price of 5.18, and Honghe Technology falling by 6.47% to 36.01 [1][2] - The trading volume and turnover for major stocks included: - Jin Jing Technology: 602,000 shares, turnover of 306 million yuan - Qi Bin Group: 361,400 shares, turnover of 236 million yuan - Shandong Pofiber: 126,800 shares, turnover of 100 million yuan [1][2] Capital Flow - The glass and fiberglass sector experienced a net outflow of 138 million yuan from institutional investors and 174 million yuan from retail investors, while individual investors saw a net inflow of 312 million yuan [2] - Detailed capital flow for selected stocks included: - Jin Jing Technology: 77.61 million yuan net inflow from institutional investors - Qi Bin Group: 48.32 million yuan net inflow from institutional investors [3] Summary of Individual Stock Flows - Jin Jing Technology had a significant institutional net inflow of 77.61 million yuan, while retail investors showed a net outflow of 60.91 million yuan [3] - Qi Bin Group also saw a net inflow from institutional investors of 48.32 million yuan, with retail investors experiencing a net outflow of 28.91 million yuan [3]

Core Viewpoint - The announcement details the implementation of the 2025 semi-annual cash dividend distribution plan for shareholders of Shanghai Yaopi Glass Group Co., Ltd, including specific cash dividend amounts for A and B shares [2][4]. Dividend Distribution Plan - The cash dividend for A shares is set at 0.028 RMB per share (including tax), while for B shares, it is 0.003942 USD per share (including tax) [2][4]. - The total cash dividend distribution amounts to approximately 26.18 million RMB based on the total share capital of 934,916,069 shares [4]. Relevant Dates - The annual shareholders' meeting was held on June 13, 2025, where the cash dividend proposal was approved [2]. - The board meeting on August 28, 2025, confirmed the profit distribution plan with unanimous approval [2]. Implementation Method - Cash dividends for A shares will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the end of the trading day on the record date [5][6]. - For B shares, the cash dividend will be paid in USD, with the exchange rate set at 1 USD = 7.1030 RMB as of August 29, 2025 [10]. Taxation Details - For A share individual shareholders, the tax treatment varies based on the holding period, with a maximum tax rate of 20% for shares held for one month or less [6][7]. - For B share non-resident corporate shareholders, a 10% withholding tax applies, resulting in a net dividend of 0.003548 USD per share [10][11].

Summary of Key Points Core Viewpoint - Yao Pi Glass (600819) has announced a cash dividend distribution for the first half of 2025, reflecting its commitment to returning value to shareholders through a structured profit distribution plan [1]. Financial Performance - As of September 22, 2025, Yao Pi Glass's stock closed at 7.24 yuan, marking a 3.43% increase from the previous trading day, with a total market capitalization of 6.769 billion yuan [1]. - The stock opened at 7.07 yuan, reached a high of 7.5 yuan, and a low of 6.94 yuan, with a trading volume of 3.41 billion yuan and a turnover rate of 6.34% [1]. Dividend Distribution Details - The company will distribute a cash dividend of 0.028 yuan per share (tax included) to all shareholders, based on a total share capital of 934,916,069 shares, amounting to a total cash dividend payout of approximately 26.18 million yuan [1]. - For B-share shareholders, a cash dividend of 0.003942 USD per share (tax included) will be distributed [1]. - Key dates for A-shares include the record date on September 29, 2025, and the ex-dividend date on September 30, 2025, with cash dividends being paid on the same day [1]. - For B-shares, the record date is October 10, 2025, with the ex-dividend date also on September 30, 2025, and cash dividends to be paid on October 24, 2025 [1]. Taxation Policies - A-share individual and mutual fund investors will be subject to a differentiated personal income tax policy based on their holding period; QFII and Hong Kong investors will have a withholding tax rate of 10% [1]. - For B-share shareholders, non-resident enterprises will also face a 10% withholding tax, while resident individual shareholders will be taxed based on their holding period, and foreign individual shareholders are temporarily exempt from personal income tax [1].

Group 1 - The company announced a profit distribution plan for the first half of 2025, with a cash dividend of 0.028 CNY per share for A-shares (tax included) [1] - For B-shares, the cash dividend is set at 0.003942 USD per share (tax included) [1] - The A-share registration date is September 29, 2025, with the ex-dividend date and cash dividend payment date both on September 30, 2025 [1] Group 2 - The B-share registration date is October 10, 2025, with the ex-dividend date on September 30, 2025, and the cash dividend payment date on October 24, 2025 [1]

相关日期 | 证券代码：600819 | 证券简称：耀皮玻璃 | | | | 公告编号：2025-052 | | --- | --- | --- | --- | --- | --- | | 900918 | | 耀皮 | B | 股 | | 上海耀皮玻璃集团股份有限公司 2025年半年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.028元（含税），B 股每股现金红利0.003942美元（含税） | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 | | --- | --- | --- | --- | --- | | | | | | 日 | | Ａ股 | 2025/9/29 | － | 2025/9/30 | 2025/9/30 | | Ｂ股 | 2025/10/10 | 2025/9/29 | | 2025/10/24 | 差异化分红送转： 否 一、 通过分配方案的股东会届次和日期 2025 年 6 月 13 日，公司召开 ...