证券日报网讯 12月2日，金隅冀东在互动平台回答投资者提问时表示，公司2022年6月回购的2658万股 股份已于今年6月份用于股权激励，目前，暂无股份回购计划。 （文章来源：证券日报） ...

格隆汇12月2日丨金隅冀东(000401.SZ)在投资者互动平台表示，公司2022年6月回购的2658万股股份已 于今年6月份用于股权激励，目前，暂无股份回购计划。 ...

金隅冀东（000401.SZ）12月2日在投资者互动平台表示，公司2022年6月回购的2658万股股份已于今年6 月份用于股权激励，目前，暂无股份回购计划。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问是否有计划回购股份？ ...

证券代码：000401 证券简称：金隅冀东 公告编号：2025-085 金隅冀东水泥集团股份有限公司 关于对鞍山冀东水泥有限责任公司提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、担保情况概述 （一）担保审议情况 为满足合营公司鞍山冀东水泥有限责任公司（以下简称鞍山公司）日 常生产经营中的融资需求，金隅冀东水泥集团股份有限公司（原名唐山冀 东水泥股份有限公司，以下简称公司）于 2025 年 3 月 26 日召开第十届董 事会第十三次会议，审议通过《关于公司对鞍山冀东水泥有限责任公司提 供担保的议案》，同意公司按照持股比例为鞍山公司提供融资担保 10,000 万元。具体内容详见公司于 2025 年 3 月 28 日在《中国证券报》《证券时 报》及巨潮资讯网发布的《关于对鞍山冀东水泥有限责任公司提供担保的 公告》（公告编号：2025-029）。 （二）担保进展情况 近日，鞍山公司与鞍山银行股份有限公司签订了借款金额为人民币 1,000 万元的借款合同，借款期限为 12 个月，同时，公司与鞍山银行股份 有限公司签订了保证合同，公司按照持股比例 ...

Market Overview - The cement sector experienced a decline of 0.67% on November 17, with Ta Pai Group leading the drop [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Individual Stock Performance - Notable gainers in the cement sector included: - Guotong Co., Ltd. (002205) with a closing price of 16.74, up 9.99% on a trading volume of 163,400 shares and a turnover of 266 million [1] - Huan Zhi Wu Shi (002596) with a closing price of 5.08, up 5.83% on a trading volume of 1,746,900 shares and a turnover of 884 million [1] - Fujian Cement (600802) with a closing price of 8.50, up 3.66% on a trading volume of 886,500 shares and a turnover of 743 million [1] - Conversely, Ta Pai Group (002233) saw a decline of 2.16% with a closing price of 8.62, trading 114,200 shares for a turnover of 98.77 million [2] - Other notable decliners included: - Huaxin Cement (600801) down 2.00% to 22.53 [2] - Conch Cement (600585) down 1.56% to 23.32 [2] Capital Flow Analysis - The cement sector saw a net inflow of 63.15 million from institutional investors, while retail investors experienced a net outflow of 10.57 million [2] - Key stocks with significant capital flow included: - Guotong Co., Ltd. (002205) with a net inflow of 91.54 million from institutional investors, representing 34.38% of its trading volume [3] - Huan Zhi Wu Shi (002596) with a net inflow of 18.09 million from institutional investors, representing 2.05% [3] - Ta Pai Group (002233) had a net outflow of 45.46 million from retail investors, representing -17.07% [3]

Market Overview - The cement sector experienced a decline of 0.2% on November 4, with Shangfeng Cement leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Individual Stock Performance - Hanjian Heshan saw a significant increase of 10.09%, closing at 6.11, with a trading volume of 231,100 shares and a turnover of 141 million yuan [1] - Fujian Cement also rose by 10.00%, closing at 7.81, with a trading volume of 706,200 shares and a turnover of 527 million yuan [1] - Conversely, Shangfeng Cement fell by 1.83%, closing at 10.74, with a trading volume of 152,300 shares and a turnover of 164 million yuan [2] Capital Flow Analysis - The cement sector had a net inflow of 68.57 million yuan from institutional investors, while retail investors saw a net outflow of 93.65 million yuan [2][3] - Notably, Fujian Cement experienced a net inflow of 102 million yuan from institutional investors, but a net outflow of 68.33 million yuan from retail investors [3] - Hanjian Heshan had a substantial net inflow of 77.89 million yuan from institutional investors, with a significant net outflow of 39.61 million yuan from retail investors [3]

Group 1 - The core viewpoint of the article is that the cement industry is expected to benefit from policies that limit overproduction, leading to a substantial reduction in supply and improved capacity utilization [1] Group 2 - The implementation of overproduction restriction policies will result in a significant contraction of total supply in the cement industry [1] - The alignment of actual production capacity with registered capacity, along with the prohibition of new capacity and the replacement of inefficient capacity, will effectively eliminate redundant supply [1] - These measures are anticipated to enhance industry capacity utilization and regulate market order [1]

Core Viewpoint - The cement industry has experienced stagnant revenue but significant profit growth in the first three quarters of the year, highlighting the need for further actions to maintain this performance amid overcapacity and declining prices [2][3]. Group 1: Company Performance - Jinyu Jidong reported a slight revenue increase of 0.1% to 18.575 billion yuan, while net profit surged by 113.6% to 40.35 million yuan, attributed to reduced costs from falling coal and raw material prices [2]. - Conch Cement's revenue decreased by 10.06% to 61.298 billion yuan, but net profit rose by 21.28% to 6.305 billion yuan, driven by enhanced cost control [3]. - Huaxin Cement achieved a revenue of 25.033 billion yuan, a 1.27% increase, with net profit soaring by 76.01% to 2.004 billion yuan, benefiting from rising domestic cement prices [3]. - Tapai Group's revenue slightly declined by 0.49% to 2.916 billion yuan, while net profit increased by 54.23% to 588 million yuan, supported by improved sales and cost control measures [4]. Group 2: Price Trends and Market Dynamics - Cement prices have been on a downward trend since April, reaching a near nine-year low, with only the first quarter supporting profit growth [2][5]. - The national cement price index dropped nearly 19% from approximately 394 at the beginning of the year to 320 by the end of September [4]. - The average selling price of cement has decreased less than the drop in coal prices, allowing for some profit margin retention [4]. Group 3: Industry Challenges and Strategies - The cement industry is facing a supply-demand imbalance, leading to intensified competition and price declines [5][8]. - The implementation of staggered production has been a key strategy for the industry, with companies showing varying levels of compliance [6][7]. - The cyclical nature of demand and the industry's response to price fluctuations have created a cycle of self-regulation and competitive pressure [8].

Group 1 - The core viewpoint of the article indicates that the cement industry is expected to face a decline in demand in 2026, but infrastructure investments may provide some support for cement demand [2] - The company anticipates that supply-side policies will lead to a substantial reduction in total supply, optimizing the supply structure and alleviating previous overcapacity pressures [3] - The company has implemented a three-year shareholder return plan, distributing approximately 266 million yuan in cash dividends for 2024, with future dividends to be determined based on strategic considerations [4] Group 2 - The company is actively advancing capacity replacement through internal optimization and external acquisition of capacity indicators, with six production line replacement plans already completed [5] - The company aims to enhance its competitive advantage by integrating its operations in key regions, focusing on both horizontal and vertical expansion strategies [6]

Group 1: Market Outlook - The demand for cement is expected to decline in 2026, but infrastructure investments may provide some support due to the initiation of major projects and policies from the 20th Central Committee [2] - Supply-side optimization and stricter production scheduling are anticipated to improve the supply-demand relationship and pricing in the long term [2] Group 2: Production Capacity Management - The implementation of production restrictions is expected to optimize supply, leading to a substantial reduction in total supply and improved capacity utilization [2] - The company is actively advancing capacity replacement through internal adjustments and external acquisitions, with six production line replacement plans already announced [4] Group 3: Financial Performance and Shareholder Returns - The company has completed a cash dividend distribution of approximately CNY 266 million for the 2024 fiscal year as part of its three-year shareholder return plan [3] - Future dividend levels will be determined based on development strategy, cash flow, and investment needs [3] Group 4: Asset Management and Innovation - The company is focusing on transforming production lines to produce new materials, such as metallurgical lime, to minimize asset losses from capacity adjustments [5] - Strategic integration plans in core regions will enhance competitive advantages by selecting high-quality assets and extending the supply chain [6]