| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603878 | 武进不锈 | 7.05 | 7.63% | 68.39万 | 4.72亿 | | 000959 | 首钢股份 | 4.22 | 2.43% | 36.45万 | 1.52亿 | | 600010 | 包钢股份 | 2.48 | 2.06% | 969.04万 | 23.77亿 | | 600019 | 宝钢股份 | 7.06 | 1.73% | 95.05万 | 6.66亿 | | 600808 | 马钢股份 | 3.64 | 1.39% | 65.27万 | 2.34亿 | | 000932 | 华菱钢铁 | 6.27 | 1.29% | 93.67万 | 5.82亿 | | 600307 | 酒钢宏兴 | 1.68 | 1.20% | 39.75万 | 6583.02万 | | 000778 | 新兴铸管 | 3.83 | 1.06% | 38.85万 | 1.48亿 | | 600782 | 新钢股份 | 4.16 | 0. ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000778 证券简称：新兴铸管 公告编号：2025-38 新兴铸管股份有限公司 关于参加2025年河北辖区上市公司投资者网上集体接待日暨2025年半年报业绩说明会的公告 欢迎广大投资者积极参与本次业绩说明会！ 特此公告 新兴铸管股份有限公司董事会 2025年9月10日 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。 为进一步加强与投资者的互动交流，新兴铸管股份有限公司（以下简称"公司"）将参加由河北省上市公 司协会与深圳市全景网络有限公司联合举办的"2025年河北辖区上市公司投资者网上集体接待日暨2025 年半年报集体业绩说明会"活动，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站(http://rs.p5w.net)，或关注微信公 众号：全景财经，或下载全景路演APP，参与本次互动交流，投资者网上在线互动时间为2025年9月15 日（周一）15:00-17:00。 届时公司董事长何齐书先生、总会计师兼董事会秘书王美英女士将在线就公司发展战略、公司治理、经 营 ...

为进一步加强与投资者的互动交流，新兴铸管股份有限公司（以下简称"公司"） 将参加由河北省上市公司协会与深圳市全景网络有限公司联合举办的"2025 年河北辖区 上市公司投资者网上集体接待日暨 2025 年半年报集体业绩说明会"活动，现将相关事项 公告如下： 本 次 活 动 将 采 用 网 络 远 程 的 方 式 举 行 ， 投 资 者 可 登 录 " 全 景 路 演 " 网 站 (http://rs.p5w.net)，或关注微信公众号：全景财经，或下载全景路演 APP，参与本次互动 交流，投资者网上在线互动时间为 2025 年 9 月 15 日（周一）15:00-17:00。 关于参加 2025 年河北辖区上市公司投资者网上集体接待 日暨 2025 年半年报业绩说明会的公告 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。 证券代码：000778 证券简称：新兴铸管 公告编号：2025-38 新兴铸管股份有限公司 届时公司董事长何齐书先生、总会计师兼董事会秘书王美英女士将在线就公司发展 战略、公司治理、经营状况等投资者关心的问题，与投资者进行沟通与交流。 新兴铸管 ...

Macro Strategy - The recent cooling of US employment data makes a rate cut in September almost certain, with expectations of a 25bps cut and potential for 1-2 additional cuts throughout the year [1][13][17] - The US non-farm payrolls for August showed an increase of only 22,000, significantly below the expected 75,000, indicating a weakening labor market [1][17] - The unemployment rate rose to 4.324%, slightly above expectations, reflecting a trend of declining labor demand [1][17] Fixed Income - The issuance of green bonds in the primary market totaled approximately 8.767 billion yuan, an increase of 1.651 billion yuan from the previous week [2] - The secondary market saw a total transaction volume of green bonds amounting to 48.2 billion yuan, a decrease of 4 billion yuan from the previous week [2] Industry Analysis - In the non-ferrous metals sector, copper prices are under pressure due to slow demand recovery, while supply is expected to tighten due to large-scale maintenance in domestic smelting plants [9] - Gold prices have surged to new highs, driven by increased safe-haven demand amid concerns over US employment data and geopolitical tensions [9] - The aluminum market is experiencing a slight increase in production capacity utilization, but overall demand remains subdued, indicating a cautious outlook for prices [9] Utility Sector - Investment opportunities in the power sector are highlighted, particularly in hydropower and thermal power, as demand peaks during summer [10][11] - The nuclear power sector is expected to see growth with multiple approvals for new projects, enhancing profitability and dividend potential [10][11] Steel Industry - The steel industry is transitioning from active to passive destocking, driven by policy changes and infrastructure projects, which may support a rebound in rebar prices [11][12] - The forecast for the company's net profit shows significant growth, with expected increases of 63.24%, 261.43%, and 174.62% from 2025 to 2027 [12] Resin Industry - The resin sector is poised for growth due to increasing demand from AI and cloud services, with projected revenue growth for the company reaching 52 billion yuan by 2025 [12] - The company is well-positioned in the high-frequency resin market, catering to major global manufacturers, which enhances its competitive edge [12]

Investment Rating - The report assigns a "Buy" rating for the company, marking the first coverage of the stock [1]. Core Views - The company is positioned to benefit from a cyclical turnaround in the steel industry, driven by non-U.S. demand and policies aimed at reducing competition, presenting a significant opportunity by 2025 [1][7]. - The company is the world's leading ductile iron pipe manufacturer, with a domestic market share of 58% expected to increase further [1][27]. - The report anticipates a recovery in the company's financial metrics starting in 2025, with significant profit growth projected for the following years [1][43]. Summary by Sections Steel Industry Outlook - The steel industry is transitioning from active to passive destocking, influenced by policies that drive supply reduction and structural demand recovery [7][12]. - Rebar inventory is at a historical low, with a notable decrease in steel consumption expected [13][14]. - The current cycle is characterized by a shift in demand dynamics, with non-U.S. markets becoming increasingly important [20][21]. Company Performance and Strategy - The company has a robust market position, with a projected increase in its ductile iron pipe market share and significant contract signings [27][39]. - The establishment of a factory in Egypt is part of the company's strategy to localize production and mitigate trade barriers, enhancing its global supply chain [39][40]. - Financial forecasts indicate a recovery in revenue and profit margins, with a significant increase in net profit expected by 2027 [43][44]. Financial Projections - Revenue is projected to decline in 2025 before recovering in subsequent years, with a compound annual growth rate expected in the following years [43][44]. - The company's earnings per share (EPS) is forecasted to rise significantly, reflecting the anticipated recovery in profitability [1][43]. - The report highlights a favorable valuation compared to peers, suggesting the stock is undervalued at current levels [43].

Market Performance - On September 5, the general steel sector rose by 0.55% compared to the previous trading day, with Benxi Steel leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Individual Stock Performance - Benxi Steel (000761) closed at 3.68, up 2.51% with a trading volume of 189,800 shares and a transaction value of 69.31 million yuan [1] - Other notable performers include: - Hualing Steel (000932) at 5.90, up 1.90% with a trading volume of 744,000 shares [1] - Liugang (601003) at 5.62, up 1.81% with a trading volume of 258,500 shares [1] - Sijiang Steel (600808) at 3.58, up 1.70% with a trading volume of 724,300 shares [1] Capital Flow Analysis - The steel sector experienced a net outflow of 83.49 million yuan from institutional investors, while retail investors saw a net inflow of 191 million yuan [2] - The capital flow for individual stocks shows: - New Steel (600782) had a net inflow of 23.35 million yuan from institutional investors [3] - Hebei Steel (000709) had a net inflow of 22.33 million yuan from institutional investors [3] - Chongqing Steel (601005) had a net inflow of 22.06 million yuan from institutional investors [3]

证券时报记者 赵黎昀 "金九银十"伊始，经历了阶段性冲高的煤焦钢产业链多个商品价格出现调整。不过，在行业"反内 卷"共识下，市场对于今年基建施工旺季的预期依然向好。 今年7月以来，钢价自底部回暖，上游焦煤、焦炭价格更是显著提涨，为下游市场走强提供了成本 支撑。据企业及分析人士介绍，在宏观利好、需求恢复、供给收紧三重因素推动下，焦炭价格的支撑较 强。当前钢价仍处于年内中低水平，9月份现货市场有望迎来趋势性上涨行情，不过也需关注宏观政策 落地效果及需求兑现程度。 "反内卷"助钢市回暖 近月来，多个行业发力抵制"内卷式"竞争，企业自律控产稳价的动作频频，持续低迷的钢价也呈现 阶段性回暖。 "钢铁市场近期出现明显变化，钢价已从低位反弹，企业经营情况也显著改善。"安阳钢铁董秘郝猛 告诉证券时报记者。在行业"反内卷"共识影响下，6月26日至7月22日，钢材价格出现显著上涨，此后自 7月23日至8月下旬，市场表现为高位震荡。 新兴铸管相关负责人在接受采访时也称，7月以来钢材价格反弹后，钢厂盈利能力有所改善。同 时，受近期焦煤、焦炭价格显著上涨影响，钢材产品成本上升幅度较大，也对钢价走强形成有效支撑。 图为安阳钢铁炼轧生产线 ...

（文章来源：证券日报） 证券日报网讯新兴铸管8月29日在互动平台回答投资者提问时表示，公司严格按照《公司法》《证券 法》和《深圳证券交易所股票上市规则》等相关法律法规的规定和要求履行信息披露义务。《深圳证券 交易所股票上市规则》第7.7.3条为"上市公司实施股权激励、员工持股计划的，应当符合有关法律法规 及本所有关规定，履行相应审议程序和信息披露义务。" ...

Group 1 - The stock price movement in the secondary market is influenced by multiple factors, not solely the company's industry position [1] - It is a common phenomenon for listed companies in the steel industry to have valuations that are low and below their net assets [1]

Group 1 - The company Xinxing Casting announced on August 29 that investors should refer to the company's published periodic reports for information regarding Hebei Xinxing Energy Technology Co., Ltd [2]