（文章来源：证券日报） 证券日报网讯 12月2日晚间，塔牌集团发布公告称，持股5%以上股东徐永寿于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，占剔除公司回购专用账户中的股份数量后总股本的0.43%，减持 后其持股比例降至7.59%，触及1%刻度。 ...

格隆汇12月2日丨塔牌集团(002233.SZ)公布，截至2025年11月30日，公司通过股票回购专用证券账户以 集中竞价交易方式累计回购股份611.77万股，占公司总股本0.5131%，最高成交价为8.96元/股，最低成 交价为8.65元/股，支付的总金额为5408.58万元（不含交易费用）。 ...

格隆汇12月2日｜塔牌集团公告称，持股5%以上股东徐永寿原计划自减持计划披露之日起15个交易日后 的3个月内，减持不超1168.03万股（占当时剔除回购专用账户中股份数量后总股本的1%）。2025年12 月1日，其通过集中竞价交易减持500万股，占剔除回购专用账户中股份数量后总股本的0.43%。减持 后，徐永寿合计持股8865.71万股，占比7.59%，持股比例变动触及1%刻度。本次减持计划未实施完 毕，不会导致公司控制权变化。 ...

证券代码：002233 证券简称：塔牌集团 公告编号：2025-054 广东塔牌集团股份有限公司 关于回购公司股份的进展公告 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。 广东塔牌集团股份有限公司（以下简称"公司"）于 2025 年 8 月 6 日召开的第六届董事 会第十九次会议逐项审议通过了《关于回购公司股份的议案》，同意公司使用自有资金以集中 竞价方式从二级市场回购公司股份用于实施员工持股计划，本次回购股份资金总额为不超过 10,000 万元（含）且不少于 5,000 万元（含），回购价格不超过 10 元/股，回购的期限为自董 事会审议通过回购方案之日起 6 个月内。 （一）公司回购股份的时间、回购股份的数量、回购股份方式等符合既定的回购方案，符 合相关法律法规规定。 （二）公司回购股份的时间、回购股份数量及集中竞价交易的委托时段等符合《深圳证券 交易所上市公司自律监管指引第 9 号——回购股份》的相关规定，具体如下： 1、公司以集中竞价交易方式回购股份，未在下列期间内实施： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项发生之日或者 ...

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%。 ...