证券代码：002233 证券简称：塔牌集团 公告编号：2025-053 | 1 | ．基本情况 | | | | | --- | --- | --- | --- | --- | | 信息披露义务人 | 徐永寿 | | | | | | 住所 广东省梅州市蕉岭县蕉城镇 | | | | | 权益变动时间 | 2025 年 12 月 1日 | | | | | 股票简称 | 塔牌集团 | 股票代码 | 002233 | | | 权益变动 过程 | 截止 2025 年 11 月 30 用证券账户股份后总股本的比例为 | 日，徐永寿持有公司股份 8.02%。根据 | 93,657,056 股，占剔除公司回购专 2025 年 9 月 27 日已披露的《关于持股 | | | | | 5%以上股东减持股份的预披露公告》（公告编号：2025-042），徐永寿于 | 2025 年 | 12 月 | | 1 | 日通过集中竞价交易方式减持公司股份 | 500 | 万股，减持后徐永寿持有公司股份数量降 | | 一、本次权益变动触及 1%刻度的具体情况 至 88,657,056 股，占剔除公司回购专用证券账户股份后总股本的比例为 7.59% ...

证券代码：002233 证券简称：塔牌集团 公告编号：2025-052 广东塔牌集团股份有限公司 关于第二期员工持股计划减持完毕暨终止的公告 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。 广东塔牌集团股份有限公司（以下简称"公司"）第二期员工持股计划所持公司股票已通 过集中竞价交易方式全部减持完毕。根据中国证监会《关于上市公司实施员工持股计划试点的 指导意见》（2025 年修订）及《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》（2025 年修订）、《广东塔牌集团股份有限公司第二期员工持股计划》相关 规定，现将相关情况公告如下： 2025 年 7 月 9 日至 2025 年 12 月 1 日期间，第二期员工持股计划所持有的 1,900.49 万股 公司股票通过集中竞价交易方式全部减持完毕，占公司总股本的 1.59%。 上述减持期间，公司严格遵守市场交易规则及中国证监会关于信息敏感期不得买卖股票的 规定，未利用任何内幕信息进行交易。 根据公司于 2025 年 7 月 23 日披露的《关于第二期员工持股计划延期的公告》（公告编号： 20 ...

Market Overview - The cement sector increased by 0.31% on December 1, with Fujian Cement leading the gains [1] - The Shanghai Composite Index closed at 3914.01, up 0.65%, while the Shenzhen Component Index closed at 13146.72, up 1.25% [1] Individual Stock Performance - Fujian Cement (600802) closed at 7.92, up 5.74% with a trading volume of 1.0263 million shares and a transaction value of 823 million [1] - Other notable performers include: - Tapai Group (002233) at 9.05, up 5.60% [1] - Hongzhi Fertilizer (002596) at 6.69, up 5.52% [1] - Shangfeng Cement (000672) at 10.96, up 1.76% [1] - Conversely, some stocks experienced declines, such as: - Conch Cement (600585) at 22.75, down 0.44% [2] Capital Flow Analysis - The cement sector saw a net outflow of 229 million from institutional investors, while retail investors contributed a net inflow of 152 million [2] - Notable capital flows for specific stocks include: - Conch Cement had a net inflow of 1.18 billion from institutional investors [3] - Fujian Cement experienced a net inflow of 33.09 million from institutional investors [3] - Tapai Group had a net inflow of 32.74 million from institutional investors [3]

Group 1 - The core viewpoint of the article highlights the significant growth of index investment, with the scale of stock ETFs reaching 4.11 trillion yuan by Q3 2025, while the total scale of passive index funds (including ETFs) reached 4.44 trillion yuan [2][6] - The number of passive index funds tracking A-share stock indices has increased to 1,521, with 56 indices having a tracking scale exceeding 10 billion yuan as of November 28, 2025 [5][6] - Major indices with the largest tracking scales include the CSI 300 at 1,181.33 billion yuan, the CSI A500 at 195.35 billion yuan, and the SSE 50 at 188.34 billion yuan [7] Group 2 - The article discusses the impact of index component stock adjustments, which are conducted biannually by index companies, potentially creating trading opportunities due to significant changes in component stocks [6][8] - The methodology for measuring the impact of these adjustments includes calculating the net adjustment scale for individual stocks based on their buy and sell volumes across different indices [9][10] - Stocks expected to see significant net buying include Shenghong Technology, Dongshan Precision, and Guangqi Technology, with projected net buying scales of 4.865 billion yuan, 4.791 billion yuan, and 3.487 billion yuan respectively [10][11] Group 3 - The article identifies stocks with a projected net selling scale exceeding 5 billion yuan, including Yangguang Electric Power, Zhongji Xuchuang, and Hanwha Technology, with expected net selling scales of 5.679 billion yuan, 3.898 billion yuan, and 3.125 billion yuan respectively [12][13] - Stocks with high impact coefficients, indicating significant potential market impact due to adjustments, include Taipai Group, Jiangzhong Pharmaceutical, and Shandong Power, with coefficients of 8.69, 8.44, and 6.99 respectively [11][12]

- The report introduces a **comprehensive impact coefficient model** to measure the impact of multiple index adjustments on individual stocks. The model is defined as follows: $effect\_total_{s}=\sum_{i=1}^{n}\frac{wt\_chg_{s_{i}}\times fund\_size_{i}}{amount\_avg_{s_{i}}20}$ where $effect\_total_{s}$ represents the comprehensive impact coefficient of stock $s$ across sample indices, $wt\_chg_{s_{i}}$ is the estimated weight change of stock $s$ in index $i$, $fund\_size_{i}$ is the tracking scale of index $i$, and $amount\_avg_{s_{i}}20$ is the average trading volume of stock $s$ over the past 20 days[11] - The report highlights the **impact of index sample stock adjustments** on individual stocks, focusing on the December 2025 periodic adjustments of major indices such as CSI 300, CSI A500, and SSE 50. The analysis includes the calculation of the comprehensive impact coefficient for stocks being added or removed from indices, as well as the potential passive trading impact due to weight adjustments[13][14][16] - The report identifies **stocks with significant positive and negative impact coefficients** due to index adjustments. For example, stocks like Tower Group, Jiangzhong Pharmaceutical, and Zhengbang Technology have positive impact coefficients above 2, while stocks like Deep Expressway and Wanhe Electric have significant negative impact coefficients[16][17][18] - The report evaluates the **impact of weight cap adjustments** for stocks like Zhongji Xuchuang and Xinyisheng in thematic indices such as CS Artificial Intelligence and Communication Equipment. Due to exceeding the weight cap, these stocks are expected to experience passive outflows of approximately 6.3 billion yuan and 2.7 billion yuan, respectively. However, the report concludes that the negative impact is limited due to sufficient liquidity and potential inflows from other indices[5][19][20]

塔牌集团公告，信息披露义务人对《简式权益变动报告书》进行更正。更正后，一致行动人合计持有 5900.88万股塔牌集团股份，占塔牌集团总股本的4.95%。 ...

证券代码：002233 证券简称：塔牌集团 公告编号：2025-050 广东塔牌集团股份有限公司 关于股东及其一致行动人增持股份达到 5%的权益变动提示性公 告的补充公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、 补充公告的原因及主要内容 广东塔牌集团股份有限公司（以下简称"公司"）于 2025 年 11 月 28 日收 到信息披露义务人提交的《关于信息披露义务人对<简式权益变动报告书>的更 正公告》（具体内容详见公司同日发布的公告），公司对 2025 年 10 月 30 日发 布的《关于股东及其一致行动人增持股份达到 5%的权益变动提示性公告》（公 告编号：2025-048，下称原公告）进行如下补充： 2 公司后续将积极敦促投资管理人及信息披露义务人加强内部管理以及对于 1 证券法律法规和相关规范性制度的学习理解，敦促相关方确保未来信息披露文件 的准确性与合规性。公司对由此给投资者造成的不便亦深表歉意。 特此公告 广东塔牌集团股份有限公司董事会 2025 年 11 月 29 日 补充前：APG ASIA EX ...

证券代码：002233 证券简称：塔牌集团 公告编号：2025-051 广东塔牌集团股份有限公司 关于信息披露义务人对《简式权益变动报告书》的更正公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 EMERGING ASIA EQUITY FUND（亚洲新兴市场权益基金）、APG ASIA EX JAPAN FUND （APG 亚洲（日本除外）基金）、FIDELITY EXJAP （富达基金 （日本除外））、HERMES CHINA EQUITY FUND （HERMES 中国权益基金）、 WOO HAY TONG ASIA EX JAPAN FUND （WOOHAY TONG 亚洲（日本除外） 基金）（以下合称"信息披露义务人"）分别委托 Hermes Investment Management Limited（以下简称"HIML"）进行投资管理，并通过 HIML 买入广东塔牌集团股 份有限公司（以下简称"塔牌集团"或"公司"）股票。信息披露义务人于 2025 年 10 月 30 日披露了《简式权益变动报告书》。 后经 ...

Investment Rating - The report maintains a positive outlook on overseas growth and technology sectors, emphasizing the importance of identifying companies capable of navigating overseas cycles and accelerating domestic technology development [2][12]. Core Insights - The report highlights the impact of changes in the US interest rate stance on market sentiment, particularly affecting high-valuation sectors linked to overseas economies. It underscores the significance of finding resilient companies in overseas markets and the opportunity for domestic technology supply chain development [2][12]. - The report expresses optimism for the overseas and AI new materials sectors, citing the recent listing of "Le Shushi," a leading fast-moving consumer goods company in East and West Africa, as a notable addition to the overseas sector [2][12]. - In the traditional building materials and construction sectors, the focus has shifted to low-valuation or less-followed segments, with dividend policies becoming a key consideration. Companies are adapting to industry challenges by reducing capital expenditures and increasing dividends [3][13]. Summary by Sections Weekly Market Performance - The building materials index decreased by 6.46% during the week, with specific declines in glass manufacturing (-9.93%), fiberglass (-11.18%), and cement manufacturing (-6.06%) [17]. Price Changes in Building Materials - National cement prices slightly decreased by 0.4% week-on-week, with regional variations in price movements. Southern regions showed a slight increase in demand, while northern regions faced a decline due to weather conditions [26]. - The average price of float glass was reported at 1168.37 RMB/ton, reflecting a decrease of 2.26% week-on-week, with inventory levels increasing [38][52]. Sector Analysis - In the cement sector, the average price was 351 RMB/ton, down 78 RMB/ton year-on-year, with an average shipment rate of 45.7% [14]. - The fiberglass market showed stability in pricing, with the average price for 2400tex direct yarn at 3531.75 RMB/ton, a slight increase of 0.2% week-on-week [57]. - The report notes that the demand for construction materials remains weak, particularly in the completion phase, while retail segments show stable growth [16].

Market Overview - The cement sector experienced a decline of 2.3% on November 21, with Sichuan Jinding leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Individual Stock Performance - Notable stock performances include: - Hainan Ruize (002596) increased by 5.92% to a closing price of 5.19 [1] - Sichuan Jinding (600678) decreased by 6.90% to a closing price of 9.58, with a trading volume of 427,700 shares and a turnover of 420 million yuan [2] - Fujian Cement (600802) fell by 6.80% to 6.44, with a trading volume of 400,400 shares and a turnover of 268 million yuan [2] Capital Flow Analysis - The cement sector saw a net outflow of 312 million yuan from main funds, while retail investors contributed a net inflow of 319 million yuan [2] - Specific stock capital flows indicate: - Western Construction (002302) had a net inflow of 24.90 million yuan from main funds, while retail investors contributed 8.14 million yuan [3] - Sichuan Jinding (600678) experienced a significant net outflow of 54.21 million yuan from main funds [3]