| | 基础化工 | 江西省 | | --- | --- | --- | | | | 上海市 | | 环境违法违规 | 建筑装饰 | 四川省 | | | | 北京市 | | | 农林牧渔 | 海南市 | | | 环保 | 江苏省 | 每经AI快讯，"A股绿色报告"项目监控到的数据显示，四川双马（000935）间接控股子公司湖北健翔生 物制药有限公司多肽药物扩建项目环评审批获原则同意。该项目总投资额达5亿元。该审批信息于2026 年1月6日被相关监管机构披露。 "A股绿色报告"项目由每日经济新闻联合环保领域知名NGO公众环境研究中心（IPE）共同推出，旨在 让上市公司环境信息更加阳光透明。本项目基于31个省（区、市）、337个地级市政府发布的权威环境 监管数据，筛选监控上市公司及其旗下公司（包括分公司、参股公司和控股公司）的环境表现，加以专 业数据分析及深入解读，每日智能写作及时发布上市公司AI绿报，每周推出A股绿色周报，定期动态更 新上市公司环境风险榜。 上期（总第229期）A股绿色周报显示，共有6家上市公司在近期暴露了环境风险。 (记者 刘志远 陈俊杰) 免责声明：本文内容与数据仅供参考，不构成投资建议，使 ...

Group 1 - The core viewpoint of the article is that Sichuan Shuangma (000935) is currently constructing the A16 workshop in Hubei Jianxiang, which is expected to be completed in the second quarter of this year, leading to a significant increase in production capacity [1] Group 2 - The A16 workshop construction is ongoing and is a key development for the company [1] - Completion of the A16 workshop will enhance the company's production capabilities substantially [1]

Group 1 - The core point of the article is that Sichuan Shuangma is currently constructing the A16 workshop, which is expected to be completed in the second quarter of this year, leading to a significant increase in production capacity [2] Group 2 - Investors inquired about the construction progress of the A16 workshop on the investor interaction platform [2] - The company confirmed that the construction of the A16 workshop in Hubei Jianxiang is ongoing [2] - The completion of the A16 workshop is anticipated to enhance the company's production capabilities substantially [2]

Market Overview - The diversified financial sector experienced a decline of 1.09% on January 16, with Aijian 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] Stock Performance - Jiuding Investment (600053) saw a significant increase of 10.00%, closing at 23.10 with a trading volume of 227,700 shares and a turnover of 503 million yuan [1] - ST Rendo (002647) rose by 4.99% to close at 9.46, with a trading volume of 229,800 shares and a turnover of 215 million yuan [1] - Guowang Yingda (600517) increased by 3.13% to 6.58, with a trading volume of 1,221,400 shares and a turnover of 820 million yuan [1] - Aijian Group (600643) fell by 7.75% to 5.12, with a trading volume of 509,300 shares and a turnover of 267 million yuan [2] - Lakala (300773) decreased by 5.37% to 28.56, with a trading volume of 1,018,900 shares and a turnover of 2.978 billion yuan [2] Capital Flow - The diversified financial sector saw a net outflow of 792 million yuan from main funds, while retail investors contributed a net inflow of 466 million yuan [2] - The main funds showed a net inflow in Jiuding Investment of 62.62 million yuan, while Guowang Yingda had a net inflow of 53.86 million yuan [3] - ST Rendo experienced a net inflow of 34.81 million yuan from main funds, but also saw significant outflows from retail investors [3]

Market Overview - The diversified financial sector experienced a decline of 1.73% on January 13, with Ailian Development leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Stock Performance - Notable gainers in the diversified financial sector included: - *ST Nengmao: Closed at 8.72, up 4.93% with a trading volume of 73,800 shares and a turnover of 63.17 million yuan [1] - Jianyuan Trust: Closed at 3.05, up 4.45% with a trading volume of 2.8035 million shares and a turnover of 871 million yuan [1] - *ST Rendo: Closed at 8.87, up 2.78% with a trading volume of 313,500 shares and a turnover of 281 million yuan [1] - Conversely, significant decliners included: - Yelian Youzhan: Closed at 5.65, down 10.03% with a trading volume of 371,400 shares and a turnover of 217 million yuan [2] - Lakala: Closed at 26.73, down 6.54% with a trading volume of 903,500 shares and a turnover of 2.471 billion yuan [2] - Ruida Futures: Closed at 25.41, down 5.82% with a trading volume of 178,900 shares and a turnover of 466 million yuan [2] Capital Flow - The diversified financial sector saw a net outflow of 1.042 billion yuan from institutional investors, while retail investors contributed a net inflow of 833 million yuan [2] - Key stocks in terms of capital flow included: - Jianyuan Trust: Experienced a net inflow of 139 million yuan from institutional investors, but a net outflow of 91 million yuan from retail investors [3] - Wukuang Capital: Had a net inflow of 20.94 million yuan from institutional investors, with a net outflow of 36.21 million yuan from retail investors [3] - Sichuan Shuangma: Recorded a net inflow of 10.96 million yuan from institutional investors, but a net outflow of 28.99 million yuan from retail investors [3]

Group 1 - Sichuan Shuangma's stock increased by 5.07%, reaching 26.94 CNY per share, with a trading volume of 170 million CNY and a turnover rate of 0.84%, resulting in a total market capitalization of 20.567 billion CNY [1] - Sichuan Shuangma was established on October 20, 1998, and listed on August 24, 1999. The company is primarily engaged in the building materials industry and private equity fund investment management [1] - The revenue composition of Sichuan Shuangma includes private equity fund management at 33.36%, cement at 32.46%, biomedicine at 23.08%, and aggregates at 11.10% [1] Group 2 - The Fuguo Zhongzheng All-Index Building Materials ETF (516750) has increased its holdings in Sichuan Shuangma by 114,200 shares, bringing the total to 183,400 shares, which represents 2.55% of the fund's net value, making it the ninth largest holding [2] - The Fuguo Zhongzheng All-Index Building Materials ETF was established on October 28, 2021, with a current size of 154 million CNY. Year-to-date returns are 2.59%, ranking 4341 out of 5488 in its category, while the one-year return is 17.2%, ranking 3528 out of 4192 [2] - The fund manager of Fuguo Zhongzheng All-Index Building Materials ETF is Yin Qinyi, who has been in the position for 1 year and 169 days, managing assets totaling 6.717 billion CNY, with the best fund return during the tenure being 86.34% and the worst being -7.52% [3]

Group 1 - Sichuan Shuangma announced that as of the date of the announcement, Hesheng Hengyuan holds approximately 202 million shares, accounting for 26.52% of the company's total share capital [1] - Hesheng Hengyuan and its concerted parties, Tianjin Saikehuan Enterprise Management Center (Limited Partnership) and LAFARGE CHINA OFFSHORE HOLDING COMPANY LTD., collectively hold about 389 million shares, representing 50.98% of the total share capital [1] - Hesheng Hengyuan has pledged approximately 112 million shares, which is 14.67% of the company's total share capital [1]

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。 四川和谐双马股份有限公司(简称"公司"或"本公司"）于近日接到控股 股东北京和谐恒源科技有限公司（以下简称"和谐恒源"）的函告，获悉和谐恒 源将所持有的本公司的部分股份办理了质押及解除质押的手续，具体事项如下： 一、本次股份质押的基本情况 | 股 | 是否为控股股 | | | | 是否 | 是否 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 东 | 东或第一大股 | 本次质押 | 占其所持 | 占公司总 | 为限 | 为补 | 质押起 | 质押到 | 质权人 | 质押 | | 名 | 东及其一致行 | 数量（股） | 股份比例 | 股本比例 | 售股 | 充质 | 始日 | 期日 | | 用途 | | 称 | 动人 | | | | | 押 | | | | | | 和 谐 | 是 | | | | 否 | 否 | 2026年 | 2026年 | 国金证券 资产管理 | 偿还 | | 恒 | | 12,66 ...

Core Viewpoint - The announcement reveals that the controlling shareholder, Harmony Hengyuan, has pledged 12.6673 million shares to Guojin Securities Asset Management Co., Ltd., which accounts for 3.25% of its holdings and 1.66% of the total share capital, for debt repayment purposes [1] Group 1 - The pledge period is from January 5, 2026, to December 18, 2026 [1] - Harmony Hengyuan has also released a pledge of 14.03 million shares, representing 3.60% of its holdings and 1.84% of the total share capital [1] - As of the announcement date, Harmony Hengyuan holds 26.52% of the company's shares, and together with its concerted parties, the total holding is 50.98% [1] Group 2 - The cumulative pledged shares by Harmony Hengyuan account for 14.67% of the total share capital [1]

Summary of Sichuan Shuangma Conference Call Company Overview - Sichuan Shuangma has transformed from a single cement enterprise to a dual-main business company focusing on equity investment and biomedicine, continuously divesting cement assets and actively entering the biomedicine sector through acquisitions like Shenzhen Jianyuan and participation in the acquisition of Wuxi Shengji [2][5]. Core Business Structure - The company's main business structure is divided into three parts: private equity investment (approximately 30% of revenue), biomedicine (approximately 28%), and cement/building materials (approximately 42%) by 2025. The profit contribution from private equity investment is expected to reach around 90%, while the remaining profit will mainly come from biomedicine, with the cement business being flat or slightly loss-making [3]. Financial Projections - Revenue projections for 2025, 2026, and 2027 are expected to be CNY 1.455 billion, CNY 1.802 billion, and CNY 2.587 billion, representing year-on-year growth of 35.37%, 23.85%, and 43.58% respectively. Net profit attributable to the parent company is projected to be CNY 491 million, CNY 1.132 billion, and CNY 1.475 billion, with growth rates of 58.32%, 131.03%, and 30.32% respectively [2][9]. Investment and Growth Strategy - The company has a strong focus on biomedicine as its second main business, with significant acquisitions aimed at accelerating its presence in the sector. The acquisition of Shenzhen Jianyuan for CNY 1.6 billion and participation in the acquisition of Wuxi Shengji are key steps in this strategy [5][8]. Market Perception and Valuation - The market perceives uncertainty regarding the company's equity investment business, particularly due to the low current contribution of the biomedicine sector to overall revenue and profit. Concerns include potential declines in management fee income as the first batch of funds enters the exit phase and the uncertain scale and timing of excess return realizations [2][6]. Value Reassessment Opportunities - There is a belief that Sichuan Shuangma has opportunities for value reassessment due to the high certainty of cash returns from its equity investment business. IDG Capital's strong investment management capabilities and the successful IPOs of several hard-tech projects are expected to provide substantial cash returns, estimated at CNY 10.4 billion from two managed funds [7][9]. Historical Context and Strategic Shift - The entry of IDG in 2016 marked a significant shift for Sichuan Shuangma, transitioning from a cement-focused company to one that also manages equity funds. The company has been divesting outdated cement assets since 2017, with only one cement plant remaining as of 2024 [4]. Conclusion - Sichuan Shuangma's strategic focus on biomedicine and equity investment, combined with strong projected financial growth and potential for value reassessment, positions the company favorably for future performance despite current market uncertainties [2][7].