Core Viewpoint - The renovation and building materials sector experienced a slight increase of 0.24% on January 23, with Luoyang Energy leading the gains. The Shanghai Composite Index rose by 0.33%, while the Shenzhen Component Index increased by 0.79% [1]. Group 1: Stock Performance - The top-performing stocks in the renovation and building materials sector included: - Luoyang Energy (002088) with a closing price of 12.87, up 10.00% and a trading volume of 198,000 shares, totaling 247 million yuan [1]. - Youbang Ceiling (002718) closed at 67.38, up 6.99% with a trading volume of 30,700 shares, totaling 200 million yuan [1]. - Zhonggang Luonai (611889) closed at 7.52, up 6.67% with a trading volume of 755,000 shares, totaling 562 million yuan [1]. Group 2: Market Trends - The overall market saw a net outflow of 48.64 million yuan from the renovation and building materials sector, with retail investors contributing a net inflow of 233 million yuan [2]. - The main funds showed a mixed trend, with significant outflows from several stocks, including: - Zhonggang Luonai (611889) with a net inflow of 73.53 million yuan from main funds but a net outflow of 15.64 million yuan from speculative funds [3]. - Luoyang Energy (002088) had a net inflow of 52.05 million yuan from main funds, while speculative funds saw a net outflow of 20.99 million yuan [3].

证券代码：603737 证券简称：三棵树 公告编号：2026-003 | | 18.36% | | --- | --- | | 剩余被质押股份数量占公司总股本比例 | | 二、股东累计质押股份情况 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： 截至本公告披露日，三棵树涂料股份有限公司（以下简称"公司"）实际控 制人、控股股东洪杰先生持有公司股份49,445.3628万股，占公司总股本的67.02%； 本次办理解除质押手续后，洪杰先生累计质押公司股份 13,543.0654 万股，占其 所持公司股份的 27.39%。 公司于 1 月 22 日接到洪杰先生的通知，获悉其将质押给兴业国际信托有限 公司的700万股无限售条件流通股和质押给国泰海通证券股份有限公司1的423.22 万股无限售条件流通股办理股份解除质押手续。现将相关情况公告如下： | 股东名称 | | 洪杰 | | --- | --- | --- | | 本次解除质押股份 | 700 万股 | 423.22 万股 | | 占其所持股份比例 | 1.42% ...

南财智讯1月23日电，三棵树公告，公司于1月22日接到实际控制人、控股股东洪杰通知，其质押给兴业 国际信托有限公司的700万股及质押给国泰海通证券股份有限公司的423.22万股无限售条件流通股已办 理完毕解除质押手续，本次合计解除质押1123.22万股。 ...

Market Performance - The renovation and building materials sector increased by 4.03% compared to the previous trading day, with N国亮 leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] Stock Highlights - N国亮 (code: 920076) saw a significant rise of 160.78%, closing at 28.06 with a trading volume of 161,500 shares and a transaction value of 483 million [1] - 科顺股份 (code: 300737) increased by 20.00%, closing at 6.96 with a trading volume of 1,268,900 shares and a transaction value of 819 million [1] - 万里石 (code: 002785) rose by 9.93%, closing at 43.05 with a trading volume of less than 302,500 shares and a transaction value of 1.288 billion [1] - 东方雨虹 (code: 002271) increased by 8.14%, closing at 17.01 with a trading volume of 947,500 shares and a transaction value of 1.577 billion [1] Capital Flow - The renovation and building materials sector experienced a net inflow of 68.06 million from institutional investors, while retail investors contributed a net inflow of 64.30 million [2] - The sector saw a net outflow of 132 million from speculative funds [2] Individual Stock Capital Flow - 科顺股份 had a net outflow of 50.83 million from institutional investors, while retail investors had a net inflow of 1.72 million [3] - 东方雨虹 experienced a net inflow of 34.78 million from institutional investors, but a net outflow of 51.34 million from retail investors [3] - N国亮 had a net inflow of 11.20 million from institutional investors, with a net outflow of 12.43 million from retail investors [3]

Group 1 - The Shanghai Composite Index rose by 0.14%, while the ChiNext Index increased by 1.01%, driven by gains in the building materials sector, with Jinju Group hitting the daily limit and Dongfang Yuhong rising over 8% [1] - The building materials ETFs, including E Fund and others, saw increases of over 3.8% year-to-date, with E Fund's building materials ETF showing a year-to-date gain of 10.77% [2] - The Ministry of Housing and Urban-Rural Development recently issued guidelines aimed at improving housing quality, targeting significant progress by 2030 in various aspects such as standards, design, materials, and construction [2] Group 2 - According to Shenwan Hongyuan Securities, the real estate chain has been in decline for five years, but there are positive signals emerging. The building materials industry has faced pressures such as demand decline and increased competition, but long-term changes are now visible [3] - The report suggests that the building materials sector is expected to benefit from a recovery in housing demand, particularly in renovation and improvement of living conditions as income expectations improve [3] - Huafu Securities indicates that supply-side reforms and declining interest rates may enhance home-buying willingness, potentially stabilizing the real estate market and boosting demand for building materials [3] Group 3 - Guotai Junan Securities highlights that despite static total physical data showing a year-on-year decline, leading building materials companies have achieved revenue and profit growth through increased market share and expansion into overseas markets [4] - The growth in revenue and profitability is attributed to factors such as material upgrades driven by AI and new energy, as well as the easing of competition [4] - The intrinsic growth potential of leading building materials companies is seen as attractive, with the possibility of significant benefits if macroeconomic expectations improve [4]

股票交易异常波动公告 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： ● 三棵树涂料股份有限公司（以下简称"公司"或"本公司"）股票于2026年1月19日、1月20日、1月21日 连续三个交易日内日收盘价格涨幅偏离值累计超过20%，根据《上海证券交易所交易规则》的有关规 定，属于股票交易异常波动情形。 ● 经公司自查，并书面征询控股股东及实际控制人，截至本公告披露日，确认不存在应披露而未披露的 重大事项或重要信息。 ● 公司董事会确认，公司日常经营活动正常，不存在影响公司股票交易价格异常波动的重大事项。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603737 证券简称：三棵树 公告编号：2026-002 三棵树涂料股份有限公司 经公司核实，公司未发现对公司股票交易价格可能产生重大影响的媒体报道或市场传闻，未涉及市场热 点概念。 （四）其他股价敏感信息 经公司核实，公司未发现其他有可能对公司股价产生较大影响的重大事件，公司董事、高级管理人员、 控股股东在公司股票交易异常波动期间未买卖公司股票。 ...

（编辑 楚丽君） 证券日报网讯 1月21日，三棵树发布公告称，公司股票于 2026 年1 月 19 日、1 月 20 日、1 月 21 日连续 三个交易日内日收盘价格涨幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定， 属于股票交易异常波动情形。经公司自查，并书面征询控股股东及实际控制人，截至本公告披露日，确 认不存在应披露而未披露的重大事项或重要信息。 ...

Investment Rating - The report maintains a positive outlook on the building materials industry, indicating a "Look Forward" investment rating [3][4]. Core Insights - The real estate sector has experienced a downturn for five consecutive years, but there are emerging positive signals that warrant attention. The building materials industry has faced pressures such as declining demand, credit risk expansion, cost disturbances, and intensified competition [4][5]. - Over the past five years, the industry has undergone significant capacity clearance, with a cumulative decline of 38% in waterproof materials production from 2021 to 2024. In contrast, the top three companies in this sector have seen a revenue decline of only 20.9%, indicating a rapid increase in industry concentration [4][5]. - Strategic transformations have been completed by several leading building materials companies, enhancing their competitive positions and adapting to market changes. Companies like Dongfang Yuhong and Keshun have successfully restructured their channels and expanded into new markets [6]. - There is an anticipated surge in renovation demand due to the aging housing stock, with a significant portion of homes being over 20 years old. The report predicts that by 2025, second-hand housing transactions will account for 70% of the market, which will likely stimulate renovation activities [7][9]. - Policy adjustments have been noted, with government signals indicating support for the real estate sector, including tax incentives for housing transactions. This is expected to positively influence market sentiment and investment in the building materials sector [9]. Summary by Sections Industry Overview - The building materials industry has faced five years of challenges, but recent developments suggest a potential recovery. The report emphasizes the importance of viewing the industry from a long-term perspective [4][5]. Capacity and Production - The report highlights a significant reduction in production capacity across various segments, including a 38% decline in waterproof materials and a 1.6 billion ton reduction in cement capacity, which has alleviated supply pressures [4][5]. Strategic Transformations - Notable companies have successfully navigated strategic transformations, with improvements in asset quality and revenue growth. For instance, Dongfang Yuhong has seen a substantial increase in retail business revenue [6]. Demand Dynamics - The report anticipates a shift in demand dynamics, particularly in the renovation market, driven by an aging housing stock and changing consumer preferences. This is expected to lead to increased demand for building materials [7]. Policy Environment - Recent policy changes are viewed as supportive of the real estate market, with indications of government backing for housing transactions and urban renewal initiatives [9]. Investment Recommendations - The report suggests focusing on core consumer building materials stocks, particularly those positioned to benefit from anticipated increases in construction activity and renovation demand [9].

证券代码：603737 证券简称：三棵树 公告编号：2026-002 三棵树涂料股份有限公司 股票交易异常波动公告 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。 （二）重大事项情况 经公司自查，并向公司控股股东、实际控制人洪杰先生书面征询核实，截至 本公告披露日，除在指定信息披露媒体和网站上已公开的信息外，不存在其他应 披露而未披露的重大信息。不存在处于筹划阶段的涉及公司的重大事项，包括但 三棵树涂料股份有限公司（以下简称"公司"或"本公司"）股票于 2026 年 1 月 19 日、1 月 20 日、1 月 21 日连续三个交易日内日收盘价格涨幅偏 离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定，属 于股票交易异常波动情形。 经公司自查，并书面征询控股股东及实际控制人，截至本公告披露日， 确认不存在应披露而未披露的重大事项或重要信息。 公司董事会确认，公司日常经营活动正常，不存在影响公司股票交易价 格异常波动的重大事项。 不限于重大资产重组、股份发行、上市公司收购、债务重组、资产剥离、资产注 入、业务重组、股 ...

三棵树公告，公司股票连续三个交易日内日收盘价格涨幅偏离值累计超过20%，属于股票交易异常波动 情形。经核实，公司目前生产经营活动正常，内外部经营环境未发生重大变化，前期披露信息无需更正 或补充。公司及控股股东、实际控制人不存在应披露而未披露的重大信息或重大事项筹划。公司未发现 媒体报道、市场传闻或热点概念对股价产生重大影响的情况。公司董事、高管及控股股东在股票交易异 常波动期间未买卖公司股票。 ...