Group 1 - The Low-E glass concept increased by 2.38%, ranking 8th among concept sectors, with seven stocks rising, including Yamaton and Yaopi Glass hitting the daily limit [1] - Notable gainers in the Low-E glass sector include Wanshun New Materials, which rose by 7.18%, and Xinsai Co., which increased by 1.37% [1] - The sector experienced a net outflow of 0.25 billion yuan in main funds, with Wanshun New Materials receiving the highest net inflow of 46.49 million yuan [2][3] Group 2 - The main fund inflow ratios for leading stocks in the Low-E glass sector are as follows: Yamaton at 52.06%, Hainan Development at 10.65%, and Wanshun New Materials at 6.50% [3] - The trading performance of key stocks includes: Wanshun New Materials up by 7.18% with a turnover rate of 16.63%, Yamaton up by 10.02% with a turnover rate of 1.29%, and Hainan Development up by 0.21% with a turnover rate of 2.82% [3][4] - Decliners in the sector include Nanbo A, which fell by 0.83%, and Sanxia New Materials, which decreased by 0.30% [1][4]

Core Viewpoint - The article discusses the advancements and trends in China's building energy-saving technologies, focusing on the insulation of external walls, roofs, and windows, which can reduce energy consumption by over 30% and help meet national energy-saving standards [1][2]. Group 1: Building Energy-Saving Technologies - The building energy-saving technology emphasizes three main areas: external wall insulation, roof modifications, and window upgrades [1]. - External wall energy-saving modifications utilize materials like EPS (Expanded Polystyrene) boards to enhance insulation performance [2]. - Roof energy-saving improvements include the addition of concrete blocks for ventilation and the integration of green roofs to lower temperatures [2]. - Upgraded windows feature low-emissivity (Low-E) glass and double glazing to improve thermal insulation and reduce indoor energy consumption [2]. Group 2: Patent Applications and Trends - As of May 2025, China has filed 9,069 patent applications related to building energy-saving technologies, with a peak of 1,397 applications in 2023 [7]. - Leading patent applicants in the building energy-saving sector include Chengde Green Building with 143 patents, China Building with 124, and Zhuobao Technology with 121 [9]. - The most popular patent category is E04B (buildings), accounting for 24.1% of applications, followed by F24F (air conditioning and ventilation) at 9.7% [10][12]. Group 3: Airflow Management in Public Buildings - Effective airflow management is crucial for the energy-efficient operation of public buildings, focusing on indoor and outdoor air movement [4][5]. - Various ventilation modes are employed based on seasonal conditions, such as natural ventilation in transitional seasons and mechanical ventilation in winter [5]. - Airflow management strategies primarily target building airtightness and the design of HVAC systems [5].

证券代码：000012；200012 证券简称：南玻 A；南玻 B 公告编号：2025-028 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关规定，公司在回购股份期间，应当在每个月的前三个 交易日内，公告截至上月末的回购进展情况。现将回购股份进展情况公告如下： 一、截至上月末回购股份的进展情况 截至 2025 年 6 月 30 日，公司通过回购专用证券账户以集中竞价交易方式累 计回购公司 A 股股份 33,034,797 股，回购公司 B 股股份 13,186,096 股，合计占 公司总股本的比例为 1.5052%。回购 A 股股份的最高成交价为 5.04 元/股（未超 过本次回购方案限定的回购 A 股价格上限 7.60 元/股），最低成交价为 4.54 元/ 股，累计支付的资金总额为人民币 157,090,412.04 元（不含印花税、交易佣金等 交易费用）。回购 B 股股份的最高成交价为 1.94 港元/股（未超过本次回购方案 限定的回购 B 股价格上限 3.13 港元/股），最低成交价为 1.65 港元/股，累计支付 的资金总额为 23,397,035.2 ...

Core Viewpoint - The legal opinion letter from Beijing Zhide Law Firm confirms that the 2024 annual general meeting of China Southern Glass Group Co., Ltd. was convened and conducted in compliance with relevant laws and regulations, ensuring the legitimacy of the meeting and its resolutions [1][2][3]. Group 1: Meeting Procedures - The board of directors announced the meeting on May 30, 2025, detailing the time, location, and agenda [2][3]. - The meeting was held on June 24, 2025, combining on-site and online voting methods [4]. - The meeting location was specified as the new office building of China Southern Glass Group in Shenzhen [4]. Group 2: Attendance and Voting - A total of 608 shareholders attended the meeting, representing 784,626,011 shares, which is 25.94% of the total voting shares [4][5]. - Among the attendees, 604 were minority shareholders, holding 127,048,057 shares, accounting for 4.20% of the total voting shares [4][5]. - The meeting included 70 on-site attendees and 538 online voters, with the online votes accounting for 22.59% of the total voting shares [5]. Group 3: Proposals and Voting Results - The meeting reviewed several proposals, including the 2024 annual reports and profit distribution plans [6]. - The voting results showed significant support for the proposals, with the majority of votes in favor [7][8][9]. - Specific proposals received over 93% approval from minority shareholders, indicating strong backing for the company's plans [10][11]. Group 4: Legal Compliance - The legal opinion confirms that all procedures, qualifications of attendees, and voting results adhered to the Company Law, Securities Law, and relevant regulations [12].

Meeting Overview - The shareholder meeting of China Southern Glass Group Co., Ltd. was held on June 24, 2025, combining on-site and online voting methods [1] - The meeting was convened by the board of directors and chaired by Chairwoman Chen Lin [1] Attendance and Voting - A total of 608 shareholders (including proxies) attended the meeting, representing 784,626,011 shares, which is 25.94% of the total voting shares [2] - Among the attendees, 70 were present at the on-site meeting, representing 101,356,148 shares (3.35% of total voting shares) [2] - Online voting saw participation from 538 shareholders, representing 683,269,863 shares (22.59% of total voting shares) [2] Proposal Review - The meeting reviewed and approved several proposals through a combination of on-site and online voting [3] - The independent director's report for the year 2024 was also presented during the meeting [3] Voting Results - The overall voting results showed that 763,355,762 votes (97.29%) were in favor of the proposals, with 20,744,267 votes (2.64%) against and 525,982 votes (0.07%) abstaining [4] - Specific proposals, such as the profit distribution for 2024 and the future three-year dividend plan, received high approval rates, with some proposals exceeding 99% in favor [4][5] Legal Compliance - The meeting's procedures, attendance qualifications, and voting results were confirmed to be in compliance with relevant laws and regulations [6]

北京植德律师事务所 关于中国南玻集团股份有限公司 2024 年年度股东大会的 法律意见书 植德京(会)字[2025]0091 号 二〇二五年六月 北京市东城区东直门南大街 1 号来福士中心办公楼 12 层 邮编：100007 12th Floor, Raffles City Beijing Office Tower, No.1 Dongzhimen South Street, Dongcheng District, Beijing 100007 P.R.C 电话（Tel）：010-56500900 传真（Fax）：010-56500999 www.meritsandtree.com 北京植德律师事务所 关于中国南玻集团股份有限公司 2024年年度股东大会的 法律意见书 植德京(会)字[2025]0091 号 致：中国南玻集团股份有限公司 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》"）、《上市公司股东会规则》（以下 简称"《股东会规则》"）、《深圳证券交易所上市公司自律监管指引第 1 号— 主板上市公司规范运作》、《深圳证券交易所上市公司股东大会网络 ...

证券代码：000012；200012 证券简称：南玻 A；南玻 B 公告编号：2025-027 中国南玻集团股份有限公司 2024 年年度股东大会决议公告 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 6 月 24 日上午 9:15～9:25，9:30～11:30，下午 13:00～15:00； 通过深圳证券交易所互联网投票系统进行网络投票的具体时间为：2025 年 6 月 24 日上午 9:15 至当日下午 15:00 的任意时间。 ③会议召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 特别提示 在本次会议召开期间未增加、否决或变更提案。 一、会议召开和出席的情况 1、会议召开情况 ①现场会议召开时间为：2025 年 6 月 24 日（星期二）下午 14:45 ②网络投票时间为：2025 年 6 月 24 日 ④现场会议召开地点：广东省深圳市南山区蛇口工业六路南玻集团新办公楼 二楼报告厅。 ⑤召集人：公司董事会 ⑥会议主持人：董事长陈琳女士 ⑦本次会议的召开符合《中华人民共和国公司 ...

Core Insights - The rapid urban construction in China has led to increased energy consumption in the building industry, necessitating the promotion of green building energy-saving products to mitigate high energy consumption and support the development of energy-efficient construction projects [1][2]. Industry Overview - The building energy-saving industry in China is characterized by a growing market for energy-efficient products, driven by the need to address high energy consumption in construction projects [1]. - Key companies in the industry include China National Materials Group Corporation (中材节能), Beixin Building Materials (北新建材), and others [1]. Energy-Saving Product Types - **Ventilation, Lighting, Heating**: Products such as doors, windows, membranes, and low-emission glass are designed to optimize natural ventilation and lighting, thereby reducing energy consumption [3]. - **Building Envelope Structures**: Energy-saving designs for roofs, doors, and walls improve insulation and reduce energy use, enhancing indoor air quality and comfort [3]. - **Indoor Energy Efficiency**: High-efficiency central air conditioning and heating systems are essential for minimizing energy consumption [3]. Market Size and Growth - The Chinese central air conditioning market has seen continuous growth, with sales reaching 142.9 billion yuan in 2023, an increase of 11.1% year-on-year, and projected to reach 145.8 billion yuan in 2024 [4]. - The production of laminated glass, known for its excellent thermal insulation properties, reached 14.71 million square meters in 2023, with expectations to exceed 15 million square meters in 2024 [5]. Importance of Windows and Doors - Windows and doors are critical components affecting building energy efficiency, accounting for approximately 45%-50% of energy loss in building envelopes [9]. - Poor insulation performance of existing windows leads to significant energy waste, with single-glazed windows causing heat loss of 30%-50% during winter and contributing to 20%-30% of cooling loads in summer [9]. Heating Energy Efficiency Market - Investment in urban heating systems is closely linked to building energy efficiency, with a focus on high-efficiency heating system upgrades and energy-saving optimization of building envelopes [11]. - The fixed asset investment in urban centralized heating has fluctuated between 30-40 billion yuan from 2019 to 2022, with projections for 2024 nearing 40 billion yuan [11].

Core Viewpoint - The ultra-white glass industry in China is experiencing rapid growth, driven by urbanization and renovation trends, with a projected market size increase from 5 billion yuan in 2018 to 18 billion yuan by 2024, reflecting a compound annual growth rate of 23.8% [1][16]. Industry Overview - Ultra-white glass, known for its high transparency and light transmittance of over 91.5%, significantly surpasses float glass's 86%, making it ideal for high-end applications in architecture, electronics, luxury vehicles, and solar energy [1][3]. - The industry is characterized by its unique properties, including low self-explosion rates, color consistency, and high visible light transmittance, which enhance its market appeal [5][6]. Industry Development History - The development of ultra-white glass began in the 1950s in developed countries, with significant advancements in production technology occurring in the 1960s and 1970s, leading to increased demand in the 1980s and 1990s due to urbanization and quality building requirements [8]. - The 21st century has seen ultra-white glass expand into high-tech industries, including solar energy and electronics, driven by growing environmental awareness and demand for energy-efficient products [8]. Industry Chain - The ultra-white glass industry chain includes raw material supply, production processing, product sales, and end-use applications, with upstream materials such as soda ash, quartz sand, and limestone being critical [10]. - The downstream applications encompass construction glass, photovoltaic glass, automotive glass, and electronic glass, indicating a comprehensive interdependence within the industry [10]. Market Dynamics - The ultra-white glass market is projected to grow significantly, with the market size expected to reach 18 billion yuan by 2024, driven by technological innovations and policy support [1][16]. - The production of photovoltaic glass, a key application of ultra-white glass, is anticipated to increase from 5.6362 million tons in 2018 to 29.27 million tons by 2024, with a compound annual growth rate of 31.6% [13]. Key Companies - Major players in the ultra-white glass market include China Southern Glass Group, Fuyao Glass, and Flat Glass Group, which are leveraging technological advancements and competitive pricing strategies to capture market share [18][20][22]. - China Southern Glass Group is recognized as a leading brand in energy-saving glass and solar photovoltaic products, with projected revenue of 13.756 billion yuan in 2024 [20]. - Fuyao Glass has successfully localized photovoltaic glass production, achieving quality comparable to international leaders, with projected revenue of 16.816 billion yuan from photovoltaic glass in 2024 [22]. Future Trends - The ultra-white glass industry is expected to deepen its applications in energy-saving and environmentally friendly sectors, particularly in photovoltaic components and passive buildings [25]. - Innovations in smart interactive scenarios are anticipated, with ultra-white glass being integrated into smart home technologies and automotive displays, enhancing user experience and functionality [26].

证券代码：000012；200012 证券简称：南玻 A；南玻 B 公告编号：2025-026 不含印花税、交易佣金等交易费用）。本次回购符合相关法律法规的要求，符合 公司既定的回购方案。 二、其他说明 公司回购股份的时间、数量、价格及集中竞价交易的委托时段符合《深圳证 券交易所上市公司自律监管指引第9号——回购股份》第十七条和第十八条的相 关规定。具体说明如下： 中国南玻集团股份有限公司 关于回购股份进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 中国南玻集团股份有限公司（以下简称"公司"）分别于 2025 年 2 月 13 日、 2025 年 3 月 4 日召开了第九届董事会临时会议及 2025 年第一次临时股东大会， 会议审议通过了《关于回购公司部分人民币普通股（A 股）、境内上市外资股（B 股）股份方案的议案》。公司根据相关规定编制并披露了回购报告书，具体内容 详见 2025 年 3 月 25 日刊登于《中国证券报》《证券时报》《上海证券报》《证券 日报》和巨潮资讯网（www.cninfo.com.cn）的《关于回购公司部分人民币普通股 （A ...