证券之星消息，8月12日水泥板块较上一交易日下跌1.85%，天山股份领跌。当日上证指数报收于 3665.92，上涨0.5%。深证成指报收于11351.63，上涨0.53%。水泥板块个股涨跌见下表： 从资金流向上来看，当日水泥板块主力资金净流出10.47亿元，游资资金净流出6442.66万元，散户资金净 流入11.12亿元。水泥板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000672 上峰水泥 | | = 191.19万 | 1.81% | -621.94万 | -5.88% | 430.75万 | 4.07% | | 002671 龙泉股份 | | -108.92万 | -2.10% | 139.51万 | 2.69% | -30.59万 | -0.59% | | 605122 四方新材 | | -360.78万 | -6.26% | 111.49万 | 1.93% | 249.29万 ...

Investment Rating - The report maintains an "Overweight" rating for the construction materials industry [1] Core Views - The construction materials sector is expected to benefit from increased infrastructure investment, with a notable focus on cement and glass fiber industries as key areas for growth [3][4] - The report highlights a potential recovery in cement prices due to supply-side discipline and government support for infrastructure projects [10][12] - The demand for construction materials is anticipated to improve as consumer confidence returns and government policies stimulate domestic consumption [13] Summary by Sections 1. Industry Overview - The construction materials sector has shown a 1.19% increase in the past week, underperforming compared to the Shanghai Composite Index which rose by 1.23% [3] - The report emphasizes the importance of government investment in infrastructure to stabilize demand in the sector [4] 2. Bulk Construction Materials Fundamentals 2.1 Cement - The national average price for high-standard cement is currently 339.7 CNY/ton, unchanged from last week but down 42.5 CNY/ton compared to the same period last year [3][17] - The average cement inventory level is at 67.4%, with an average shipment rate of 44.0%, indicating a slight decline in demand [24] - The report suggests that if self-discipline measures are effectively implemented, cement prices may begin to rise in late August [10][16] 2.2 Glass Fiber - The report notes a clear trend towards upgrading electronic glass fiber products, with high-end products expected to see increased market penetration [11] - The profitability of ordinary glass fiber remains resilient, supported by growth in domestic demand from sectors like wind power and thermal plastics [11] 2.3 Glass - The glass industry is expected to experience a supply-side contraction, which may improve the short-term supply-demand balance [12] - The report recommends focusing on leading companies in the glass sector that can leverage resource advantages and enjoy excess profits [12] 3. Renovation and Building Materials - The report highlights the potential for increased domestic demand for renovation materials due to government policies aimed at stimulating consumption [13] - It suggests that leading companies in the renovation materials sector are well-positioned to benefit from these trends, with many currently trading at low valuations [13][14]

Core Viewpoint - The company is changing its name to "Jinyu Jidong Cement Group Co., Ltd." and its stock abbreviation to "Jinyu Jidong" pending shareholder approval and regulatory registration [1] Company Announcement - The board of directors of Jidong Cement (000401) approved the name and abbreviation change during the 18th meeting of the 10th board on August 8 [1] - The change requires approval from the shareholders' meeting and must be registered with the market supervision administration [1] - The Shenzhen Stock Exchange has reviewed the abbreviation change and has no objections, while the company's stock code "000401" will remain unchanged [1]

Group 1 - The company has approved a resolution to change its name to Jinju Jidong Cement Group Co., Ltd. [1] - The new stock abbreviation will be Jinju Jidong following the name change [1]

Group 1 - The company has approved a resolution to change its name to Jinju Jidong Cement Group Co., Ltd. and its stock abbreviation to Jinju Jidong [1]

Group 1 - The company plans to change its name to "Jinyu Jidong Cement Group Co., Ltd." and its stock abbreviation to "Jinyu Jidong," while maintaining the same stock code "000401" [1][2] - The board meeting was attended by all six directors, and the resolutions were passed unanimously with no votes against or abstentions [1][2] - The proposal to cancel the supervisory board and amend the company's articles of association also received unanimous approval, pending shareholder meeting approval [2] Group 2 - The company has scheduled the third extraordinary general meeting of 2025, which also received unanimous approval from the board [2]

Meeting Information - The company will hold its third extraordinary general meeting of shareholders on August 27, 2025, at 14:00 in Beijing [1][2] - The meeting will be convened by the company's board of directors and complies with relevant laws and regulations [1][2] - The record date for shareholders to attend the meeting is August 21, 2025 [2] Voting Procedures - The meeting will utilize a combination of on-site voting and online voting [2] - Shareholders can participate in online voting through the Shenzhen Stock Exchange trading system and internet voting system [5][7] - The voting code is "360401" and the voting abbreviation is "冀东投票" [5] Registration Details - Shareholders must register to attend the meeting, with registration open from 9:00 to 17:00 on August 25, 2025 [5] - Registration can be done at the company's office in Beijing, and representatives can attend on behalf of shareholders [5][6] Agenda Items - The meeting will review several proposals, including the cancellation of the supervisory board and amendments to the company's articles of association [9]

Group 1 - The company plans to change its name from Tangshan Jidong Cement Co., Ltd. to Jinyu Jidong Cement Group Co., Ltd. and its stock abbreviation from Jidong Cement to Jinyu Jidong [1] - The name change is aimed at reflecting the company's growth from a regional enterprise to a national player covering 13 provinces in China and expanding overseas to Northern Africa [1] - The ownership structure has changed significantly, with Beijing Jinyu Group holding 44.34% directly and 17.22% indirectly, positioning the company as its cement business platform [1] Group 2 - The name change is expected to reduce external communication costs and integrate the brand values of "Jinyu" and "Jidong," benefiting the company and its shareholders [1] - The company will maintain its stock code "000401" despite the name change [1] - All existing contracts and agreements under the name "Tangshan Jidong Cement Co., Ltd." will remain valid and enforceable after the name change [1]

Core Points - The company has proposed to cancel the supervisory board and amend its articles of association, which requires approval from the shareholders' meeting [1][2][3] - The amendments aim to align the company's governance structure with the requirements of the socialist market economy and enhance the protection of the rights and interests of shareholders and creditors [1][2] - The revised articles include provisions for the legal representative of the company and the responsibilities of the board of directors [5][6][7] Summary by Sections Company Articles Revision - The company aims to establish a modern state-owned enterprise system that adheres to socialist market economy principles [1][2] - The articles will now specify that the chairman of the board serves as the legal representative of the company [5][6] - The company will bear civil liability for damages caused by the legal representative while performing their duties [6] Shareholder Rights and Responsibilities - Shareholders are entitled to rights based on their shareholdings, including profit distribution and voting rights [12][15] - The company must provide necessary conditions for shareholders to exercise their rights, including access to company documents [12][14] - Shareholders holding more than 3% of shares can request to review the company's accounting books and financial documents [13][14] Governance Structure - The company will implement a governance structure that emphasizes the leadership role of the Communist Party and ensures compliance with relevant laws and regulations [8][9] - The articles outline the responsibilities of the board of directors and the supervisory board, including the process for convening meetings and making decisions [17][18] - The amendments also address the independence of the board and the separation of powers between the controlling shareholders and the company [22][23]

Group 1 - The company, Jidong Cement, announced the convening of its 10th Board of Directors' 18th meeting on August 8, 2025, to review the proposal to cancel the supervisory board and amend related documents [2] - For the year 2024, Jidong Cement's revenue composition is reported to be 100.0% from the building materials sector [2]