消息面上，近日，金隅集团发布投资者关系活动记录表，公司在回复投资者关切时表示，新型建材业务 经营方面，2025年上半年，公司新型建材业务积极推动高附加值市场应用落地和新型建材"出海"。在高 附加值市场应用落地上，节能保温公司开发出应用于生态修复的"隅棉"产品，成功应用于寨口矿项目修 复，修复面积5万平米，产品毛利率45.6%，较一般岩棉产品提升40%。在新型建材"出海"上，上半年， 矿棉板产品出口额5700万元，新增印度、香港、新加坡重大工程项目20万㎡。 天风证券指出，25H1水泥板块实现收入1181亿元，yoy-7.7%，实现归母净利润52亿元，yoy+1487%， ROE为1.4%，同比+1.3pct，主要受益于价格和成本端改善。该行认为水泥基本面底部拐点或已出现， 在供应端限产控产+需求端基建托底的双重发力下，下半年有望呈现逐季改善趋势。从投资端来看，疆 藏地区供需格局相对较优，利润端存优化空间，出海方面继续看好非洲，业绩有望进入兑现期。 智通财经APP获悉，金隅集团(02009)早盘涨超7%，截至发稿，涨4.71%，报0.89港元，成交额6279.61万 港元。 ...

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: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京金隅集團股份有限公司 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601992 | 說明 | A股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 8,339,006,264 | RMB | | 1 | RMB | | 8,339,006,264 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 8,339,006,264 | RMB | | 1 | RMB | | 8,339,006,264 | ...

Core Insights - On September 24, Jinju Group's stock price remained unchanged at 0.00%, with a trading volume of 95.35 million yuan [1] - The company reported a net financing purchase of 2.61 million yuan on the same day, with a total financing and securities balance of 327 million yuan [1][2] - For the first half of 2025, Jinju Group achieved a revenue of 45.57 billion yuan, showing a slight year-on-year growth of 0.01%, but reported a net loss of 1.50 billion yuan, a significant decrease of 85.40% compared to the previous year [2] Financing and Securities - On September 24, Jinju Group had a financing buy-in of 12.12 million yuan, with a current financing balance of 326 million yuan, accounting for 2.34% of the circulating market value [1] - The financing balance is below the 50th percentile level over the past year, indicating a low position [1] - The company had a securities lending repayment of 149,200 shares and a securities lending balance of 1.19 million yuan, which is also below the 20th percentile level over the past year [1] Business Overview - Jinju Group, established on December 22, 2005, and listed on March 1, 2011, operates in sectors including cement and ready-mixed concrete, new building materials, trade logistics, real estate development, and property management [2] - The main revenue sources are commodity trading (52.18%), product sales (31.69%), and housing sales (7.68%), among others [2] - As of June 30, 2025, the number of shareholders decreased by 1.92% to 108,500, with an average of 0 circulating shares per person [2] Dividend and Shareholding - Jinju Group has distributed a total of 7.83 billion yuan in dividends since its A-share listing, with 1.52 billion yuan distributed over the past three years [3] - As of June 30, 2025, Hong Kong Central Clearing Limited is the fourth largest circulating shareholder, holding 86.91 million shares, an increase of 5.23 million shares from the previous period [3]

(於中華人民共和國註冊成立的股份有限公司) 股份代號:2009 中期報告 僅供識別 | 目錄 | | --- | | 2 | 公司資料 | | --- | --- | | 5 | 主席獻詞 | | 10 | 管理層討論及分析 | | 41 | 其他資料 | | 53 | 中期財務報表審閱報告 | | 54 | 未經審核中期合併資產負債表 | | 57 | 未經審核中期合併利潤表 | | 59 | 未經審核中期合併現金流量表 | | 61 | 未經審核中期合併股東權益變動表 | | 63 | 未經審核中期公司資產負債表 | | 65 | 未經審核中期公司利潤表 | | 66 | 未經審核中期公司現金流量表 | | 68 | 未經審核中期公司股東權益變動表 | | 70 | 未經審核中期財務報表附註 | | 295 | 未經審核中期財務報表補充資料 | 2 北京金隅集團股份有限公司 $$\bigtriangleup\;\overline{{{\boxed{\phantom{\rule{0.0pt}{0.0pt}}}}}}\;\overline{{{\boxed{\phantom{\rule{0.0pt}{0.0p ...

Group 1 - The average stock price of A-shares is 13.49 yuan, with 24 stocks priced below 2 yuan, the lowest being *ST Gao Hong at 0.51 yuan [1] - Among the low-priced stocks, 12 are ST stocks, accounting for 50% of the total [1] - The Shanghai Composite Index closed at 3831.66 points as of September 18 [1] Group 2 - Among the low-priced stocks, 11 increased in price today, with the highest gainers being Yongtai Energy (up 10.32%), Liao Port Co. (up 2.75%), and *ST Su Wu (up 2.15%) [1] - Conversely, 11 stocks decreased in price, with the largest declines seen in Rongsheng Development (down 8.54%), *ST Gao Hong (down 5.56%), and Zhitian Tui (down 5.36%) [1] - The stock price performance of low-priced stocks shows a mixed trend, indicating volatility in this segment [1]

Market Overview - On September 18, the cement sector declined by 1.64%, with Fujian Cement leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Individual Stock Performance - Notable gainers included: - Guotong Co., Ltd. (002205) with a closing price of 13.51, up 2.82% [1] - Jianfeng Group (600668) at 11.86, up 1.54% [1] - Fuying Jiao Guo (601992) at 1.79, up 1.13% [1] - Decliners included: - Sichuan Jinding (600678) at 9.79, down 1.90% [1] - Wanniangqing (000789) at 5.83, down 1.85% [1] - Shangfeng Cement (000672) at 8.64, down 0.69% [1] Capital Flow Analysis - The cement sector experienced a net outflow of 234 million yuan from institutional investors, while retail investors saw a net inflow of 162 million yuan [2] - Key capital flows included: - Huaxin Cement (600801) with a net inflow of 29.3 million yuan from institutional investors [2] - Jianfeng Group (600668) with a net inflow of 19.3 million yuan from institutional investors [2] - Fujian Cement (600802) had a minor net inflow of 0.5 million yuan from retail investors [2]

Core Insights - The demand for age-friendly products is increasing due to the growing elderly population, with Beijing's elderly population projected to exceed 10 million by mid-century [1] - The design of age-friendly furniture should focus on safety, comfort, convenience, sustainability, and multifunctionality, rather than complete redesign [4][5] - The transition from "elderly furniture" to "age-friendly furniture" has improved consumer acceptance, particularly in the B2B market [5] Market Demand and Trends - As of 2024, Beijing has 5.14 million residents aged 60 and above, accounting for 23.5% of the total population, an increase of 192,000 from 2023 [1] - The market for age-friendly products is still underdeveloped, with only about 5% of households having completed age-friendly renovations [9] - There is a growing interest in multifunctional and aesthetically pleasing age-friendly products, driven by the active "60s generation" [9] Company Strategies - Tian Tan Furniture has been focusing on age-friendly products for over ten years, employing a dual strategy of new product development and the adaptation of existing furniture [4][5] - The company has served around 5,000 families in the past two years, with approximately 9% of these services addressing the needs of elderly consumers [5] - Future developments may incorporate smart technology to enhance the functionality of age-friendly furniture, such as self-adjusting seats and obstacle-sensing cabinets [9] Industry Innovations - The industry is moving towards integrating traditional craftsmanship with modern design, as seen in products showcased by Jin Yu Group at trade fairs [10] - The shift towards "de-labeling" age-friendly products is evident, with consumers preferring items that blend functionality with everyday aesthetics [9]

Group 1 - The average stock price of A-shares is 13.65 yuan, with 24 stocks priced below 2 yuan, the lowest being *ST Gao Hong at 0.54 yuan [1] - Among the low-priced stocks, 12 are ST stocks, accounting for 50% of the total [1] - The Shanghai Composite Index closed at 3876.34 points as of September 17 [1] Group 2 - Among the low-priced stocks, three increased in price today, with *ST Yuan Cheng leading at a rise of 4.97% [1] - The majority of low-priced stocks, 17 in total, experienced declines, with Rongsheng Development falling by 6.13% [2][1] - The trading volume and turnover rates vary significantly among low-priced stocks, with *ST Gao Hong having a turnover rate of 0.24% [1]

Core Viewpoint - The cement sector experienced a slight increase of 0.61% on September 12, with Huaxin Cement leading the gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3883.69, up by 0.22% [1] - The Shenzhen Component Index closed at 12996.38, up by 0.13% [1] Group 2: Individual Stock Performance - Huaxin Cement (600801) closed at 17.70, with a rise of 3.69% and a trading volume of 371,100 shares, totaling a transaction value of 650 million yuan [1] - Tianshan Shares (000877) closed at 6.59, up by 3.13%, with a trading volume of 579,100 shares and a transaction value of 378 million yuan [1] - Quanjing Group (601992) closed at 1.68, increasing by 2.44%, with a trading volume of 1,248,200 shares and a transaction value of 209 million yuan [1] - Other notable performances include: - Shangfeng Cement (000672) at 8.87, up by 1.60% [1] - Qingsong Jianhua (600425) at 4.73, up by 1.50% [1] - Hongzhi House (002596) at 3.75, up by 1.35% [1] Group 3: Capital Flow - The cement sector saw a net outflow of 158 million yuan from main funds, while retail funds experienced a net inflow of 34.59 million yuan [1] - Speculative funds had a net inflow of 124 million yuan [1]

Group 1 - The stock price of Jinju Group increased by 2.44% on September 12, reaching 1.68 CNY per share, with a total market capitalization of 17.939 billion CNY [1] - Year-to-date, Jinju Group's stock price has decreased by 2.89%, but it has seen a 5.00% increase over the last five trading days and a 17.48% increase over the last 60 days [1] - The company has experienced a net inflow of 843.32 million CNY in main funds, with significant buying and selling activity recorded [1] Group 2 - Jinju Group, established on December 22, 2005, and listed on March 1, 2011, operates in sectors including cement, ready-mixed concrete, new building materials, and real estate [2] - The company's revenue composition includes 52.18% from bulk commodity trading, 31.69% from product sales, and 7.68% from housing sales, among others [2] - As of June 30, 2025, Jinju Group reported a revenue of 45.566 billion CNY, a slight increase of 0.01%, but a significant decline in net profit by 85.40% to -1.496 billion CNY [2] Group 3 - Jinju Group has distributed a total of 7.825 billion CNY in dividends since its A-share listing, with 1.516 billion CNY distributed over the past three years [3] - As of June 30, 2025, the number of shareholders decreased by 1.92% to 108,500, while the largest circulating shareholder is Hong Kong Central Clearing Limited [3]