| 证券代码：601636 | 证券简称：旗滨集团 | 公告编号：2025-114 | | --- | --- | --- | | 可转债代码：113047 | 可转债简称：旗滨转债 | | 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： 截至 2025 年 11 月 19 日收市后，距离 11 月 27 日（"旗滨转债"最后交易日） 仅剩 6 个交易日，11 月 27 日为"旗滨转债"最后一个交易日。 1 最后转股日：2025 年 12 月 2 日 截至 2025 年 11 月 19 日收市后，距离 12 月 2 日（"旗滨转债"最后转股日） 仅剩 9 个交易日，12 月 2 日为"旗滨转债"最后一个转股日。 本次提前赎回完成后，"旗滨转债"将自 2025 年 12 月 3 日起在上海证券 交易所摘牌。 株洲旗滨集团股份有限公司 关于实施"旗滨转债"赎回暨摘牌的第二次提示性公告 1、在转股期内，如果公司股票在任意连续三十个交易日中至少有十五个交易 日的收盘价格不低于当期转股价格的130%（含130%）。 投资 ...

证券日报网讯 11月18日晚间，旗滨集团发布公告称，截至2025年11月18日收市后，距离12月2日（"旗 滨转债"最后转股日）仅剩10个交易日，12月2日为"旗滨转债"最后一个转股日。本次提前赎回完成 后，"旗滨转债"将自2025年12月3日起在上海证券交易所摘牌。投资者所持"旗滨转债"除在规定时限内 通过二级市场继续交易或按照5.43元/股的转股价格进行转股外，仅能选择以100元/张的票面价格加当期 应计利息（即101.1737元/张）被强制赎回。若被强制赎回，可能面临较大投资损失。公司特提醒"旗滨 转债"持有人注意在限期内转股或卖出。 （文章来源：证券日报） ...

关于实施"旗滨转债"赎回暨摘牌的第一次提示性公告 | 证券代码：601636 | 证券简称：旗滨集团 | 公告编号：2025-113 | | --- | --- | --- | | 可转债代码：113047 | 可转债简称：旗滨转债 | | 株洲旗滨集团股份有限公司 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： 截至 2025 年 11 月 18 日收市后，距离 11 月 27 日（"旗滨转债"最后交易日） 仅剩 7 个交易日，11 月 27 日为"旗滨转债"最后一个交易日。 1 最后转股日：2025 年 12 月 2 日 截至 2025 年 11 月 18 日收市后，距离 12 月 2 日（"旗滨转债"最后转股日） 仅剩 10 个交易日，12 月 2 日为"旗滨转债"最后一个转股日。 本次提前赎回完成后，"旗滨转债"将自 2025 年 12 月 3 日起在上海证券 交易所摘牌。 投资者所持"旗滨转债"除在规定时限内通过二级市场继续交易或按照 5.43 元/股的转股价格进行转股外，仅能选择以 100 元/张的 ...

Market Overview - The glass and fiberglass sector experienced a decline of 0.58% on November 18, with Qibin Group leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance - Notable stock performances included: - Yao Pi Glass: Closed at 9.28, up 1.09% with a trading volume of 280,400 shares and a turnover of 260 million yuan [1] - Honghe Technology: Closed at 30.47, up 1.06% with a trading volume of 134,300 shares and a turnover of 411 million yuan [1] - Qibin Group: Closed at 6.26, down 3.69% with a trading volume of 410,900 shares and a turnover of 260 million yuan [2] Capital Flow - The glass and fiberglass sector saw a net outflow of 142 million yuan from main funds, while retail funds had a net inflow of 64.7 million yuan [2] - The capital flow for individual stocks showed varied trends, with China Jushi experiencing a main fund net inflow of 18.7 million yuan [3] Individual Stock Capital Flow - Key individual stock capital flows included: - China Jushi: Main fund net inflow of 18.7 million yuan, retail net outflow of 357,270 yuan [3] - Jinjing Technology: Main fund net inflow of 4.1 million yuan, retail net inflow of 1.3 million yuan [3] - North Glass: Main fund net outflow of 5.0 million yuan, retail net inflow of 586,550 yuan [3]

关于实施"旗滨转债"赎回暨摘牌的公告 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： 证券代码：601636 证券简称：旗滨集团 公告编号：2025-111 可转债代码：113047 可转债简称：旗滨转债 株洲旗滨集团股份有限公司 ● 本次提前赎回完成后，"旗滨转债"将自2025年12月3日起在上海证券交易所摘牌。 ● 投资者所持"旗滨转债"除在规定时限内通过二级市场继续交易或按照5.43元/股的转股价格进行转股 外，仅能选择以100元/张的票面价格加当期应计利息（即101.1737元/张）被强制赎回。若被强制赎回， 可能面临较大投资损失。 ● 公司特提醒"旗滨转债"持有人注意在限期内转股或卖出。 株洲旗滨集团股份有限公司（以下简称"公司"）的股票自2025年9月30日至2025年11月5日期间，满足连 续三十个交易日中至少有十五个交易日的收盘价不低于"旗滨转债"当期转股价格的130%（含130%，即 7.06元/股），根据《株洲旗滨集团股份有限公司公开发行可转换公司债券募集说明书》（以下简 称"《募集说明书》 ...

北京大成（广州）律师事务所 关于株洲旗滨集团股份有限公司 2025 年第四次临时股东会的 法律意见书 guangzhou.dachenglaw.com 广州市天河区珠江新城珠江东路 6 号广州周大福金融中心 14 层、15 层（510623） 14/F,15/F CTF Finance Centre No 6 Zhujiang East Road Tianhe District 510623, Guangzhou, China Tel:+8620-85277000 Fax:+8620-85277002 北京大成（广州）律师事务所 广州市天河区珠江新城珠江东路 6 号 广州周大福金融中心 14-15 层 北京大成（广州）律师事务所 一、本次股东会的召集、召开的程序 关于株洲旗滨集团股份有限公司 2025 年第四次临时股东会的法律意见书 致：株洲旗滨集团股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共 和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会《上市公司 股东会规则》（以下简称"《股东会规则》"）等法律、法规和其他有关规范性文 件的要求，北京大成（广州）律师事 ...

证券代码：601636 证券简称：旗滨集团 公告编号：2025-112 可转债代码：113047 可转债简称：旗滨转债 株洲旗滨集团股份有限公司 2025年第四次临时股东会决议公告 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责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一) 股东会召开的时间：2025 年 11 月 17 日 (二) 股东会召开的地点：公司办公总部会议室（深圳市南山区桃源街道 龙珠四路 2 号方大城 T1 栋 31 楼） (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情 况： | 1、出席会议的股东和代理人人数 | 880 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,486,110,289 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 53.0915 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，股东会主持 情况等。 本次股东会的召集人是公司董事会， ...

| 证券代码：601636 | 证券简称：旗滨集团 | 公告编号：2025-111 | | --- | --- | --- | | 可转债代码：113047 | 可转债简称：旗滨转债 | | 株洲旗滨集团股份有限公司 关于实施"旗滨转债"赎回暨摘牌的公告 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： 证券停复牌情况：适用 因提前赎回"旗滨转债",本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 间 | | | | 113047 | 旗滨转债 | 可转债债券停牌 | 2025/11/28 | | | | 截至 2025 年 11 月 17 日收市后，距离 11 月 27 日（"旗滨转债"最后交易日） 仅剩 8 个交易日，11 月 27 日为"旗滨转债"最后一个交易日。 1 最后转股日：2025 年 12 月 2 日 截 ...

Investment Rating - The report maintains an "Overweight" rating for the construction materials industry [1] Core Views - Employment data shows improvement, and there are expectations for policy support [1] - The construction materials sector has shown resilience with a weekly increase of 0.97%, outperforming the Shanghai and Shenzhen 300 Index by 2.05% [3] - The cement market is experiencing a slight recovery in demand, particularly in southern regions, while prices are expected to remain stable [5][10] - The glass market is under pressure with high inventory levels and weak demand, but medium-term supply-side adjustments are anticipated [41][43] - The fiberglass sector is expected to see improved profitability due to supply constraints and increasing demand from new applications [5] Summary by Sections 1. Bulk Construction Materials Fundamentals and High-Frequency Data - **Cement**: The national average price for high-standard cement is 352.3 RMB/ton, up 1.2 RMB/ton from last week but down 74.8 RMB/ton from the same period last year. The average cement inventory level is 69.8%, with an average shipment rate of 46.2% [11][18] - **Glass**: The average price for float glass is 1195.4 RMB/ton, down 1.9 RMB/ton from last week and down 258.4 RMB/ton year-on-year. Inventory levels are at 5962 million heavy boxes, a decrease of 54 million from last week [43][45] - **Fiberglass**: Prices for fiberglass remain stable, with a focus on high-end products. The market is expected to see improved profitability as supply constraints persist [5] 2. Industry Dynamics Tracking - The construction materials sector is expected to benefit from policy support and improving economic indicators, with a focus on companies involved in the export supply chain and home renovation [3][5] - The report highlights the importance of technological advancements and domestic semiconductor development, recommending companies in the cleanroom engineering sector [5] 3. Weekly Market Review and Sector Valuation - The construction materials sector has shown a positive trend compared to broader market indices, indicating potential for further growth [3] - The report suggests that the cement industry is at a historical low in terms of price-to-book ratios, presenting opportunities for investment as policies are expected to support recovery [5][10]

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Views - The company achieved a revenue of 11.78 billion with a year-on-year growth of 1.6% and a net profit attributable to shareholders of 915 million, reflecting a year-on-year increase of 30.9% for the first three quarters of 2025 [3][4]. - In Q3, the company reported a revenue of 4.387 billion, representing a year-on-year growth of 18.9%, and a net profit of 25 million, recovering from a loss of 112 million in the same period last year [4]. - The gross margin for Q3 was 10.8%, up by 3.1 percentage points year-on-year but down by 3.5 percentage points quarter-on-quarter [11]. - The company is expected to maintain its profitability advantage despite the overall industry losses, with a production and sales rate of over 100% for float glass [11]. - The company has a significant capacity in photovoltaic glass production, with an expected increase in sales and stable profitability despite some production challenges [11]. - The report anticipates a revaluation of the company's photovoltaic glass assets, with an expected net profit of 1.2 billion for 2025, corresponding to a PE ratio of 15.8 times [11]. Summary by Sections Financial Performance - For the first three quarters of 2025, the company reported a total revenue of 11.78 billion and a net profit of 915 million, marking a 1.6% and 30.9% increase year-on-year, respectively [3][4]. - The Q3 revenue was 4.387 billion, with a year-on-year growth of 18.9%, and a net profit of 25 million, recovering from a loss of 112 million in the previous year [4]. Cost and Margin Analysis - The gross margin for Q3 was 10.8%, which is a 3.1 percentage point increase year-on-year but a 3.5 percentage point decrease quarter-on-quarter [11]. - The company is expected to benefit from cost advantages in float glass production and has a high proportion of large-scale photovoltaic glass production lines [11]. Market Outlook - The report highlights the potential for industry price stabilization due to recent government discussions aimed at addressing overcapacity and pricing issues in the glass industry [11]. - The company is positioned to benefit from a revaluation of its photovoltaic glass assets, with expectations of continued profitability growth in the coming years [11].