Core Viewpoint - The company Sifang New Materials is forecasting a significant decline in net profit for the year 2025, primarily due to adverse market conditions in the real estate sector in Chongqing, which has led to reduced demand for ready-mixed concrete products [1] Group 1: Financial Forecast - The company expects a net profit attributable to shareholders of approximately -300 million yuan for 2025, representing a year-on-year decrease [1] - The net profit after deducting non-recurring gains and losses is projected to be around -320 million yuan for the same period [1] Group 2: Market Conditions - The primary sales market for the company's ready-mixed concrete is Chongqing, where the real estate sector has experienced a downturn, with new construction area declining by 29.4% from January to December 2025 [1] - This decline in the real estate market has significantly reduced the demand for the company's products, leading to lower-than-expected overall sales [1] Group 3: Cost and Profitability Issues - The decrease in the gross profit margin for ready-mixed concrete is attributed to the decline in raw material costs not keeping pace with the drop in sales prices, negatively impacting the company's profitability [1] Group 4: Asset and Credit Impairments - The company anticipates a reversal of deferred tax assets due to insufficient taxable income during the allowable deduction period, which will negatively affect net profit [1] - The company has recognized asset impairment losses due to underperformance of acquired subsidiaries and indications of impairment in goodwill and fixed assets [1] - Credit impairment losses have been recognized as a result of liquidity issues faced by downstream enterprises, leading to delays in the collection of accounts receivable [1]

Group 1 - The cement sector experienced a decline of 0.92% on January 16, with Jinyu Group leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] - Key stocks in the cement sector showed varied performance, with Xizang Tianlu rising by 3.02% to a closing price of 11.25, while Jinyu Group fell by 9.95% to 1.90 [1][2] Group 2 - The cement sector saw a net inflow of 126 million yuan from institutional investors, while retail investors experienced a net outflow of 161 million yuan [2] - The trading volume for Xizang Tianlu was 1.2037 million hands, with a transaction value of 1.37 billion yuan, indicating strong interest despite the overall sector decline [1][2] - The main capital inflow was concentrated in stocks like Xizang Tianlu and Guotong Shares, with net inflows of 207 million yuan and 16.56 million yuan respectively [3]

证券代码：605122 证券简称：四方新材 公告编号：2026-001 2026年1月14日 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。 2、"变动幅度"是以"立方米"、"吨"为计量单位计算所得。 特此公告。 重庆四方新材股份有限公司董事会 重庆四方新材股份有限公司（以下简称"公司"）2025年第四季度主要产品的产量如下： 备注： 1、上表中主要产品的产量数据为合并口径，含公司及控股子公司的生产量； ...

证券日报网讯1月13日，四方新材（605122）在互动平台回答投资者提问时表示，企业开辟第二赛道存 在诸多不确定性，为了保障公司及全体投资者利益、有效控制转型风险，公司管理团队秉持着审慎原则 持续推进相关工作，落实公司提出的发展战略，后续将会根据《上海证券交易所股票上市规则》等相关 规定履行信息披露义务。 ...

证券代码：605122 证券简称：四方新材 公告编号：2026-001 重庆四方新材股份有限公司 2025 年第四季度产量快报 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。 备注： 1、上表中主要产品的产量数据为合并口径，含公司及控股子公司的生产量； 2、"变动幅度"是以"立方米"、"吨"为计量单位计算所得。 特此公告。 重庆四方新材股份有限公司 重庆四方新材股份有限公司（以下简称"公司"）2025 年第四季度主要产 品的产量如下： | 项目 | | 第四季度 | | 全年 | | | | --- | --- | --- | --- | --- | --- | --- | | | 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） | 87.22 | 110.48 | -21.05% | 339.53 | 410.62 | -17.31% | | 湿拌砂浆 （万立方米） | 2.77 | 2.46 | 12.60% | 9.77 | 8.87 | ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 有投资者在互动平台向四方新材提问："请问贵公司是否收到重建第一市政公司支付的货款人民币 174,154.75元？" 针对上述提问，四方新材回应称："尊敬的投资者您好！公司已收到该部分货款，后续公司将及时督促 双方按照协议履行相关义务，并按规定履行信息披露义务，请您关注公司相关公告。感谢您对公司的关 注！" ...

Group 1 - The stock of Sifang New Materials (605122.SH) closed at 12.62 yuan, with a decline of 4.03% [1] - Sifang New Materials was listed on the Shanghai Stock Exchange on March 10, 2021, with an issuance of 30.90 million shares at a price of 42.88 yuan per share [1] - The highest price recorded for the stock since its listing was 61.75 yuan, indicating that the stock is currently in a state of decline [1] - The total amount raised from the initial public offering (IPO) was 1.32499 billion yuan, with a net amount of 1.23512 billion yuan after deducting issuance costs [1] - The funds raised were intended for projects including prefabricated concrete components, dry-mixed mortar, logistics upgrades, and working capital [1] - The total issuance costs for the IPO amounted to 89.869 million yuan, with underwriting fees accounting for 77.3269 million yuan [1] Group 2 - On May 27, 2021, Sifang New Materials distributed a cash dividend of 0.6 yuan per share (including tax) based on a total share capital of 123,110,000 shares prior to the distribution [2] - The company also increased its capital reserve by issuing 0.4 shares for every share held, resulting in a total distribution of 73.866 million yuan in cash dividends and 49.244 million shares being transferred [2] - Following this distribution, the total share capital increased to 172,354,000 shares [2]

Core Viewpoint - Sifang New Materials (四方新材) has experienced a significant decline in stock price and financial performance, indicating potential challenges in its business operations and market conditions [1][2] Group 1: Stock Performance - Sifang New Materials' stock price fell to 13.30 yuan, marking a 10.01% decrease, and is currently in a state of decline since its initial public offering [1] - The company was listed on the Shanghai Stock Exchange on March 10, 2021, with an initial price of 42.88 yuan per share, reaching a peak of 61.75 yuan on its first trading day [1] - The stock is now trading below its initial offering price, indicating a loss of investor confidence [1] Group 2: Financial Performance - In 2024, Sifang New Materials reported an operating revenue of 1.412 billion yuan, a year-on-year decrease of 28.93% [2] - The net profit attributable to shareholders was -164 million yuan, a significant decline from a profit of 12.9645 million yuan in the previous year [2] - The net profit after deducting non-recurring gains and losses was -176 million yuan, compared to 9.6113 million yuan in the previous year [2] - The net cash flow from operating activities decreased by 87.50%, amounting to 11.8028 million yuan [2] Group 3: Capital and Dividend Distribution - Sifang New Materials raised a total of 1.324992 billion yuan through its initial public offering, with a net amount of 1.235123 billion yuan after deducting issuance costs [1] - The company distributed a cash dividend of 0.6 yuan per share and increased its capital stock by 0.4 shares per share, resulting in a total distribution of 738.66 million yuan in cash dividends and 492.44 million shares [2]

Market Overview - The cement sector experienced a decline of 0.79% on December 30, with Sifang New Material leading the drop [1] - The Shanghai Composite Index closed at 3965.12, showing no change, while the Shenzhen Component Index rose by 0.49% to 13604.07 [1] Individual Stock Performance - Sichuan Jinding (600678) saw a significant increase of 4.85%, closing at 13.41 with a trading volume of 881,000 shares and a turnover of 1.172 billion yuan [1] - Other notable gainers included Tapai Group (002233) up by 1.46% and Shangfeng Cement (000672) up by 1.37% [1] - Sifang New Material (605122) led the declines with a drop of 10.01%, closing at 13.30 with a trading volume of 48,400 shares and a turnover of 64.4725 million yuan [2] Capital Flow Analysis - The cement sector saw a net outflow of 86.3036 million yuan from institutional investors, while retail investors contributed a net inflow of 49.0465 million yuan [2] - The main capital inflow was observed in Sichuan Jinding, with a net inflow of 70.2479 million yuan, while it faced a net outflow of 77.7906 million yuan from retail investors [3] - Other stocks like Sanhe Pile (003037) and Shangfeng Cement also experienced mixed capital flows, with significant retail outflows [3]

证券代码：605122 证券简称：四方新材 公告编号：2025-082 重庆四方新材股份有限公司 关于累计诉讼、仲裁事项的进展公告 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： 涉案金额：本次诉讼案件的本金金额为 950.63 万元；自前次累计诉讼、 仲裁事项截止日 2024 年 10 月 10 日起至 2025 年 4 月 1 日，重庆四方新材股份有 限公司（以下简称"公司"）发生诉讼、仲裁的数量为 84 个，涉及本金金额为 221,590,539.49 元（含本次诉讼）。 对公司损益的影响：本次披露的案件已签署执行和解协议，后续具体执 行结果存在不确定性，并且本次公告中所涉及诉讼、仲裁事项存在尚未审理、调 解、判决和执行等情况，目前暂无法判断相关诉讼、仲裁事项对公司本期或期后 利润的具体影响情况。公司将密切关注相关诉讼案件的进展情况，并及时履行信 息披露义务，敬请广大投资者注意投资风险。 一、本次披露诉讼案件的基本情况 公司因买卖合同纠纷事项于 2025 年 3 月 4 日向重庆市渝中区经纬大道 513 ...