Group 1: Super Hydropower Project - The Chinese government announced the commencement of a super hydropower project with an investment of 1.2 trillion yuan on July 19 [7][21][13] - Multiple stocks related to hydropower and construction saw significant increases, with companies like Zhongbo Design and China Power Construction rising by 20.03% and 10.04% respectively [1][2] - The project is expected to boost the construction and materials sectors, with various companies in concrete and cement also experiencing stock price increases [3][4][19] Group 2: Robotics and Technology - Yushu Technology has begun its IPO guidance with CITIC Securities as the advisory firm, leading to stock price increases for companies like Shangwei New Materials, which rose by 19.99% [5] - Several companies involved in robotics and technology, such as Zhuochen Technology and Wolong Electric Drive, also saw stock price increases due to their association with Yushu Technology [6][11] Group 3: Infrastructure and Construction - Stocks related to infrastructure and construction, including Changjian Group and China Energy Construction, experienced price increases following the announcement of the super hydropower project [7][8] - The construction materials sector, particularly cement and concrete companies, showed strong performance with multiple stocks hitting their daily price limits [3][4] Group 4: Military and Defense - The military and defense sector is expected to see a revaluation of companies due to ongoing geopolitical conflicts, with stocks like Beihua Co. and Construction Industry rising in response [28][29] - The focus on military exports and defense capabilities is anticipated to drive growth in this sector [28] Group 5: Steel Industry - The steel industry is under scrutiny for overcapacity risks, with the China Iron and Steel Association emphasizing the need for strict control over production increases [19] - Stocks like Liugang Co. and Xining Special Steel have shown positive performance, reflecting market confidence despite regulatory pressures [20]

中原证券股份有限公司 关于重庆四方新材股份有限公司 使用部分闲置募集资金临时补充流动资金的核查意见 中原证券股份有限公司（以下简称"中原证券"或"保荐机构"）作为重庆 四方新材股份有限公司（以下简称"四方新材"或"公司"）首次公开发行人民 币普通股（A 股）股票并上市的保荐机构，根据《证券发行上市保荐业务管理办 法》《上市公司募集资金监管规则》《上海证券交易所股票上市规则》和《上海证 券交易所上市公司自律监管指引第 1 号——规范运作》等有关规定，对四方新材 本次使用部分闲置募集资金临时补充流动资金的事项进行了审慎核查，并出具核 查意见如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准重庆四方新材股份有限公司首次公开 发行股票的批复》（证监许可[2021]86 号）和《上海证券交易所自律监管决定书》 （[2021]97 号）《关于重庆四方新材股份有限公司人民币普通股股票上市交易的 通知》，公司首次公开发行人民币普通股股票 3,090 万股，每股发行价格 42.88 元，募集资金总额为 132,499.20 万元，扣除发行费用 8,986.90 万元后，募集资金 净额为 123,512.30 万元 ...

证券代码：605122 证券简称：四方新材 公告编号：2025-048 重庆四方新材股份有限公司 关于使用部分闲置募集资金 临时补充流动资金的公告 本公司董事会及全体董事保证本公告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个别及连带责任。 重要内容提示： 重庆四方新材股份有限公司（以下简称"公司"）拟使用不超过 15,000 万元的闲置募集资金临时补充流动资金，用于与公司主营业务相关的业务，使用 期限自公司董事会审议通过之日起不超过 12 个月。 公司第三届董事会第十七次会议以 9 票同意，0 票反对，0 票弃权审议通过 了《关于使用部分闲置募集资金临时补充流动资金的议案》，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准重庆四方新材股份有限公司首次公开 发行股票的批复》（证监许可[2021]86 号）和《上海证券交易所自律监管决定书》 （[2021]97 号）《关于重庆四方新材股份有限公司人民币普通股股票上市交易的 通知》，重庆四方新材股份有限公司（以下简称"公司"）首次公开发行人民币普 通股股票 3,090 万股，每股发行价格 42.88 ...

证券代码：605122 证券简称：四方新材 公告编号：2025-047 重庆四方新材股份有限公司 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个别及连带责任。 重要内容提示： 重庆四方新材股份有限公司（以下简称"公司"）股票价格于 2025 年 7 月 14 日、7 月 15 日和 7 月 16 日连续三个交易日内日收盘价格跌幅偏离值累计 达到 20%。根据《上海证券交易所交易规则》的有关规定，属于股票异常波动情 形。 经公司自查，并书面询证公司控股股东及实际控制人核实，截至本公告 披露日，不存在应披露而未披露的重大信息。 敬请广大投资者注意公司经营业绩情况，理性决策，审慎投资。 一、股票交易异常波动的具体情况 公司股票于 2025 年 7 月 14 日、7 月 15 日和 7 月 16 日连续三个交易日内日 收盘价格跌幅偏离值累计达到 20%，根据《上海证券交易所交易规则》的有关规 定，属于股票异常波动情形。 二、公司关注并核实的相关情况 （一）生产经营情况 公司是以商品混凝土研发、生产和销售为主业，同时生产建筑用 ...

Core Viewpoint - Chongqing Sifang New Materials Co., Ltd. is expected to report a net loss for the first half of 2025, with significant declines in revenue and profit compared to the same period last year [2][3]. Group 1: Performance Forecast - The company anticipates a net profit attributable to shareholders of between -20 million yuan and -30 million yuan for the first half of 2025, indicating a loss compared to the previous year [2][3]. - Estimated operating revenue for the first half of 2025 is approximately 540.19 million yuan, representing a year-on-year decrease of 22.59% [2][3]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -35 million yuan and -50 million yuan [2][3]. Group 2: Previous Year Performance - In the same period last year, the total profit was 9.47 million yuan, with a net profit attributable to the parent company of 11.30 million yuan, and a net profit excluding non-recurring gains and losses of 5.16 million yuan [4]. - Earnings per share for the previous year were 0.07 yuan [4]. Group 3: Reasons for Performance Decline - The primary reason for the expected loss in the first half of 2025 is the significant decline in market demand due to a downturn in the real estate sector, with a reported 41.4% decrease in new construction area in Chongqing from January to May 2025 [4]. - The competitive landscape in the ready-mixed concrete industry has intensified, leading to a decrease in sales prices. The average tax-inclusive guidance price for C30 concrete in Chongqing was 305 yuan per cubic meter, down 22 yuan per cubic meter compared to the same period last year, adversely affecting the company's gross margin and net profit [5]. - Increased credit impairment losses have been noted due to liquidity issues faced by downstream real estate and construction companies, resulting in delays in the collection of accounts receivable [7].

证券代码：605122 证券简称：四方新材 公告编号：2025-045 重庆四方新材股份有限公司 2025 年第二季度产量快报 特此公告。 重庆四方新材股份有限公司 董 事 会 2025 年 7 月 15 日 重庆四方新材股份有限公司（以下简称"公司"）2025 年第二季度主要产品 的产量如下： | 项目 | | 第二季度 | | 上半年 | | | | --- | --- | --- | --- | --- | --- | --- | | | 2025 年 | 2024 年 | 变动幅度 | 2025 年 | 2024 年 | 变动幅度 | | 商品混凝土 （万立方米） | 94.56 | 112.62 | -16.04% | 172.62 | 204.49 | -15.59% | | 湿拌砂浆 （万立方米） | 3.03 | 2.65 | 14.50% | 5.00 | 4.63 | 8.03% | | 沥青混凝土 （万吨） | 4.01 | 1.05 | 281.04% | 5.3 | 2.48 | 113.45% | | 装配式混凝土预制构件 （万立方米） | 0.62 | 0.50 | 25.00% ...

Group 1 - The stock of Sifang New Materials (605122) hit the daily limit down, with a turnover rate of 18.48% and a transaction amount of 566 million yuan, showing a fluctuation of 10.47% [2] - The stock was listed on the Shanghai Stock Exchange due to a daily decline deviation of -10.27%, with a total net sell of 41.25 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 115 million yuan, with a buying amount of 36.88 million yuan and a selling amount of 78.14 million yuan, resulting in a net sell of 41.25 million yuan [2] Group 2 - The largest buying brokerage was Guojin Securities Co., Ltd. Shenzhen Branch, with a buying amount of 10.59 million yuan, while the largest selling brokerage was China Galaxy Securities Co., Ltd. Dalian Huanghe Road Securities Brokerage, with a selling amount of 35.42 million yuan [2] - The stock experienced a net outflow of 39.47 million yuan in main funds today, with a significant single net outflow of 23.65 million yuan and a large single fund net outflow of 15.82 million yuan [2] - Over the past five days, the main funds had a net inflow of 1.06 million yuan [2] Group 3 - The company's Q1 report released on April 29 showed that it achieved an operating income of 248 million yuan, a year-on-year decrease of 23.69%, and a net profit of -859,000 yuan [2]

[Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) The company anticipates a shift from profit to loss in the first half of 2025, with net profit attributable to shareholders projected between -20 million RMB and -30 million RMB, alongside an approximate 22.59% year-over-year decline in operating revenue Key Performance Indicators for H1 2025 Performance Forecast | Indicator | Forecast Amount/Range | Year-over-Year Change | | :--- | :--- | :--- | | Operating Revenue | Approx. 540.19 million RMB | -22.59% | | Net Profit Attributable to Shareholders | -20.00 million RMB to -30.00 million RMB | Shift from Profit to Loss | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | -35.00 million RMB to -50.00 million RMB | Shift from Profit to Loss | [Prior Period Performance Review](index=1&type=section&id=Prior%20Period%20Performance%20Review) In the first half of 2024, the company reported a profit, with net profit attributable to owners of the parent company at 11.30 million RMB and basic earnings per share at 0.07 RMB, contrasting sharply with the current period's projected loss H1 2024 Prior Period Performance | Indicator | Amount | | :--- | :--- | | Total Profit | 9.47 million RMB | | Net Profit Attributable to Parent Company | 11.30 million RMB | | Net Profit Attributable to Parent Company (Excluding Non-recurring Items) | 5.16 million RMB | | Earnings Per Share | 0.07 RMB | [Analysis of Primary Reasons for Current Period's Projected Loss](index=2&type=section&id=Analysis%20of%20Primary%20Reasons%20for%20Current%20Period%27s%20Projected%20Loss) The company attributes the projected loss to three core factors: a significant contraction in market demand due to the real estate downturn, intensified industry competition leading to continuous product price declines, and increased credit impairment losses from tight downstream customer liquidity [Weak Market Demand](index=2&type=section&id=Weak%20Market%20Demand) The severe downturn in Chongqing's real estate sector, a core market, led to a substantial reduction in new construction starts, directly causing a sharp decline in demand for the company's main product, commercial concrete, and overall sales fell short of expectations - From January to May 2025, new construction starts in Chongqing, the company's primary sales market, cumulatively decreased by **41.4%** year-over-year, significantly reducing demand for commercial concrete products[6](index=6&type=chunk) [Product Price Decline](index=2&type=section&id=Product%20Price%20Decline) Insufficient market demand intensified competition in the commercial concrete industry, leading to continued product price declines compared to the prior year, significantly impacting the company's gross margin and net profit - According to data from Chongqing Construction Project Cost Information Network, the average tax-inclusive guiding unit price for C30 commercial concrete in Chongqing from January to May 2025 decreased by **22 RMB per cubic meter** compared to the prior year[6](index=6&type=chunk) [Increase in Credit Impairment Losses](index=2&type=section&id=Increase%20in%20Credit%20Impairment%20Losses) Due to widespread liquidity issues among downstream real estate developers and construction enterprises, the company faced difficulties in recovering some accounts receivable, leading to a corresponding increase in credit impairment provisions - Influenced by factors such as insufficient liquidity among downstream real estate developers and construction enterprises, some of the company's accounts receivable could not be collected timely, leading to a corresponding increase in credit impairment loss provisions[6](index=6&type=chunk) [Risk Warning](index=2&type=section&id=Risk%20Warning) The company explicitly states that this performance forecast is a preliminary and cautious assessment based on current market conditions, unaudited by a certified public accountant, and advises investors to be aware of potential investment risks - This performance forecast represents a preliminary estimate by the company's finance department and is unaudited by a certified public accountant, thus subject to uncertainty[7](index=7&type=chunk) [Other Explanatory Notes](index=2&type=section&id=Other%20Explanatory%20Notes) The company reiterates that the disclosed data are preliminary accounting results, and the final accurate financial data will be based on the company's officially released 2025 semi-annual report - The specific and accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report, and investors are advised to pay attention to investment risks[8](index=8&type=chunk)

New Stock Issuance - Shanda Electric (Stock Code: 301609) issued at a price of 14.66[1] - Jiyuan Group (Stock Code: 732262) issued at a price of 10.88[1] Market Alerts - Jichuan Pharmaceutical (Stock Code: 600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - The last trading day for Tuisan Jinguang (Stock Code: 600190) is July 14, 2025, with 4 trading days remaining[1] - The last trading day for Tuisan Jinjing (Stock Code: 900952) is also July 14, 2025, with 4 trading days remaining[1] Abnormal Fluctuations - *ST Zitian (Stock Code: 300280) reported severe abnormal fluctuations on July 10, 2025[1] - *ST Yushun (Stock Code: 002289) reported abnormal fluctuations on July 11, 2025[1] Other Notable Announcements - Longyuan Green Energy (Stock Code: 603185) announced on July 11, 2025[1] - Kedi Pharmaceutical (Stock Code: 000590) announced on July 14, 2025[1]

Group 1 - The stock of Sifang New Materials (605122) hit the daily limit down at the end of trading, with a transaction volume of 559 million yuan [1] - The stock had previously experienced a significant rise, characterized by a "heavenly board" pattern in the last trading session [1]