截至7月22日收盘，房屋检测概念上涨2.90%，位居概念板块涨幅第8，板块内，37股上涨，苏博特、华 建集团、中钢天源等涨停，中设咨询、东方雨虹、广咨国际等涨幅居前，分别上涨19.50%、6.49%、 6.20%。跌幅居前的有新点软件、盈建科、诚邦股份等，分别下跌2.65%、1.99%、1.92%。 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 雅下水电概念 | 11.77 | MLOps概念 | -1.80 | | 民爆概念 | 6.04 | 智谱AI | -1.60 | | 水泥概念 | 4.58 | 华为盘古 | -1.56 | | 抽水蓄能 | 3.89 | 快手概念 | -1.31 | | 煤炭概念 | 3.83 | AI PC | -1.27 | | 特钢概念 | 3.26 | 数字水印 | -1.25 | | 水利 | 2.94 | 华为昇腾 | -1.20 | | 房屋检测 | 2.90 | 语音技术 | -1.19 | | 猪肉 | 2.86 | ERP概念 | -1.17 | | 高压氧舱 | 2.63 | 财税 ...

17 July 2025 | 7:32PM HKT China Construction: Building Materials 2Q25 Preview: Demand backdrop remains tough but some green shoots on pricing Our covered Chinese building materials companies are scheduled to report 2Q25 results starting mid-August. In this report, we preview 2Q25 results based on our recent channel checks, underlying end-demand trends, and raw material prices. Overall, we expect most companies to see double-digit yoy decline in net profit for the quarter (except for Skshsu, due to relativel ...

在李卫国的发言中，他重申了"常识、规则、底线"的价值坐标，号召全体雨虹人"专注攀登、永不言 弃"，向世界一流建筑建材系统服务商目标进发。 将"不抛弃、不放弃"刻入企业DNA 7月18日，东方雨虹成立三十周年庆典在京举行，董事长李卫国出席盛典并发表《负重轭，挑重担，看 长远，持续奋斗》的主题演讲，他从文化韧性、战略定力及价值闭环等维度解读了东方雨虹从草根"逆 袭"的三十年征程。 正是东方雨虹人以持续艰苦奋斗、坚韧图成的行动力，将一个个发展规划蓝图变现：初创阶段的精准卡 位；多维破局阶段，公司上市打通资本通道，同步渗透全国与出海双战场布局；扩展生态阶段，构 建"防水+涂料+砂粉+管业"矩阵，打造近70个生产研发物流的协同网。 无论时代如何变迁，东方雨虹积极拥抱变革，接纳不确定性的必然性，锻造"劲草"式企业韧劲。 价值闭环，"有所不为"的底线经济学 他表示，"1995年，东方雨虹在湖南遇水而生，创业之路自此开启：北上进京，立足中国、扬帆出海、 剑指全球。三十年来，我们星夜兼程，遇水搭桥，逢山开路，步步艰辛，日日攻坚。这段永不停歇的奋 斗征途，我们无惧无畏，无怨无悔，甘之如饴！" 在三十年征程中，东方雨虹将"不抛弃、 ...

7月18日，以"相信奋斗的力量专注攀登，永创新高"为主题的东方雨虹&高能环境第十九届文化艺术节 暨东方雨虹成立三十周年庆典在北京建筑大学开幕。来自海内外数万合作伙伴、事业合伙人、专家领 导、员工及家属以线上线下形式齐聚一堂，共同回溯东方雨虹三十载栉风沐雨的奋斗征程，共话未来发 展的宏伟蓝图。 在《新技术、新材料、新未来》主题分享中，东方雨虹制造集团副总裁兼控股技术中心总监刘金景，以 亲历者视角回溯东方雨虹科技征程关键阶段，系统介绍东方雨虹实力雄厚的科研团队构成与持续创新发 展轨迹，并重点介绍当前东方雨虹重点攻关和应用的十大关键技术领域。通过详实阐述创新技术如何驱 动企业进阶、重塑行业生态，清晰勾勒科技创新开启的广阔图景，生动印证了"科技是引领行业、驱动 发展的核心引擎"的战略根基。 集聚能力：同路者的星河 合伙人王静怡讲述《三代人的坚守陪伴》，家族与企业数十年相携的故事沉淀出厚重信任。新加坡合伙 人陈志森分享《雨虹温度》，从遥远狮城印证合作的可靠品质与人文暖意。天鼎丰员工代表唱响《This is me》，嘹亮歌声迸发专业自信与团队归属。兄弟单位高能环境以舞蹈《虹生万象》，演绎协同并 进、共创未来的蓬勃气象。北 ...

随着雅鲁藏布江下游水电工程正式启动，7月21日上午，水利、水泥等板块集体飙涨。 在ETF市场，建材ETF易方达（159787）半日涨幅高达8.23%，而建材ETF（159745）半日成交金额则达到2.34亿元，交投十分活跃。 | | | | | | | | BD 数据 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 建材行业相关ETF一览 | | | | | | 代码 | 名称 | 涨幅% | 现价 ~ | 换手% | 规模(亿份) | 成交额(万元) | 基金公司 | | 159787 | 建材ETF易方达 | 8.23 | 0.697 | 42.83 | 0.91 | 2673.62 | 易方达基金 | | 516750 | 建材ETF | 7.88 | 0.698 | 184.39 | 0.76 | 9692.5 | 富国基金 | | 159745 ETF规模截止日: 7.18 | 建材ETF | 7.6 | 0.637 | 35.38 | 10.53 | 23441.36 | 国泰基金 | ETF份额变化方面，今年以来，建材类ET ...

Investment Rating - Industry rating is maintained at "Outperform" [5] Core Viewpoints - The cement industry is expected to achieve a total profit of 15-16 billion yuan in the first half of 2025, recovering from a loss of 1.1 billion yuan in the same period last year. Several cement companies have announced significant profit increases, with Tianshan Co. and Jidong Cement reducing losses by 2.5 billion and 660 million yuan respectively. Other companies like Tapai, China Resources, and Wan Nian Qing have seen profit growth exceeding 80%, while Huaxin Cement's profit increased by 50-55% [2][18] - The substantial improvement in performance is attributed to several factors: 1) Major companies have enhanced their price stability awareness since Q4 last year, leading to a price increase of approximately 20 yuan/ton in the average cement price year-on-year; 2) Cement production decreased by 4.3% year-on-year, with the decline narrowing significantly; 3) The average coal price fell by about 200 yuan/ton year-on-year [2][18] - Short-term cement prices are still slightly declining due to seasonal factors, but the downward space is limited. Prices are expected to rise as demand enters the peak season in August. Current cement valuations are relatively low, with a price-to-book ratio of only 0.7, which is at the 17th percentile over the past three years. The Ministry of Industry and Information Technology has announced a new round of growth stabilization plans for the building materials industry, which is expected to catalyze further valuation recovery [3][18] Summary by Sections Market Review - The Shanghai Composite Index rose by 1.09%, while the building materials sector (CITIC) fell by 0.02%. Notable stock performances included Lifan Shuke (+26.9%), Shiming Technology (+15%), and Hainan Ruize (+13.9%). The recommended stocks from the previous week showed mixed results, with China National Materials (+8.8%) and Huaxin Cement (+0.9%) performing well, while Sanhe Pile (-4.5%) and International Composite (-1.4%) declined [1][12] Recent Real Estate Fundamentals - In the week of July 4-10, the sales area of commercial housing in 30 major cities was 1.3391 million square meters, a year-on-year decrease of 22.55% [14] Key Sub-industry Tracking - Cement: National cement market prices continued to decline, with a drop of 1%. The price drop was mainly concentrated in East and Southwest China, with a range of 10-30 yuan/ton. However, demand is expected to improve slightly with better weather conditions [16] - Glass: The domestic photovoltaic glass market remained stable, with prices holding steady. The average price of float glass increased slightly to 1211.96 yuan/ton, with production costs varying based on fuel types [17] - Fiberglass: The market for non-alkali yarn showed a downward trend, with prices declining slightly. The overall demand remains weak, although there is some support from wind power orders [17]

建筑材料 2025 年 07 月 20 日 投资评级：看好（维持） 行业走势图 数据来源：聚源 -24% -12% 0% 12% 24% 36% 2024-07 2024-11 2025-03 建筑材料 沪深300 相关研究报告 《住建部强调稳定房地产市场，关注 建 材 投 资 机 会 — 行业周报》- 2025.7.13 张绪成（分析师） 刘天文（分析师） zhangxucheng@kysec.cn liutianwen@kysec.cn 证书编号：S0790523110001 中央城市工作会强调城市更新，关注建材投资机会 本周中央城市工作会议在北京举行。会议指出我国城镇化从快速增长期转向稳定 发展期，城市发展从大规模增量扩张转向存量提质增效为主的阶段。以推进城市 更新为重要抓手，稳步推进城中村和危旧房改造、老旧管线改造升级等，将拉动 管材、防水、涂料等消费建材需求。同时，推动城市高质量发展，"好房子" 概念 及相关住宅规范的执行，将提升高品质、绿色建材产品需求。我们认为，随着城 市更新政策的不断推进，地产链基本面有望迎来较大改善。消费建材板块推荐： 三棵树（渠道下沉，零售扩张）、东方雨虹（防水龙头，经营结 ...

证券研究报告|行业研究周报 [Table_Date] 2025 年 07 月 20 日 [Table_Title] 中国雅江集团成立，重点关注岩土工程、民 爆板块投资机会 [Table_Title2] 建筑材料 [Table_Summary] ►本周受益标的：（1）中国雅江集团成立，标志着世纪工程、 标杆工程有序推进，推荐重点工程中岩大地；民爆需求高景 气，行业供给有望再集中，高争民爆、广东宏大、雪峰科技、 国泰集团等受益；（2）传统行业"反内卷"，推荐水泥龙头海 螺水泥、华新水泥，上峰水泥和塔牌水泥受益；推荐防水提价 的东方雨虹、科顺股份等；推荐具备强α的三棵树、北新新 材，推荐估值低位且具备高分红的兔宝宝、伟星新材等；（3） 国产替代：推荐麦加芯彩，关税缓和航运需求提升，船舶涂 料、海工涂料取证加速未来有望持续国产替代；推荐松井股 份，车身漆国产替代需求旺盛。 ►第 29 周（07/12-07/18）新房、二手房市场成交量趋势走 弱。（1） 30 城大中城市商品房交易数据：今年第 29 周国内 30 大中城市新房成交面积 120.35 万㎡，同比-25%，环比- 12.88%；累计交易面积 4967.30 ...

企查查APP显示，近日，扬州东方雨虹（002271）绿色建材科技有限公司成立，法定代表人为张骞，注 册资本为500万元，经营范围包含：新材料技术研发；建筑防水卷材产品制造；建筑防水卷材产品销 售；塑料制品制造；塑料制品销售等。企查查股权穿透显示，该公司由东方雨虹间接全资持股。(人民 财讯) ...

Group 1 - Chinese assets are experiencing a resurgence, with NIO and Li Auto rising nearly 7% as foreign investment increases in A-shares [2] - The Invesco Global Sovereign Asset Management Research indicates a noticeable recovery in interest from international investment institutions towards the Chinese market, managing approximately $27 trillion in assets [2] - Several foreign institutions express optimism about Chinese assets due to the stable economic performance, policy benefits, and improved corporate earnings outlook [2] Group 2 - The U.S. House of Representatives has advanced cryptocurrency legislation, supported by President Trump, which has led to significant stock price increases for companies in the crypto sector [3] - Blue Ocean Interactive surged over 45% after announcing the establishment of LK Crypto, focusing on mainstream crypto asset management and RWA [3] - Hong Kong is actively developing stablecoin products, creating a dual regulatory framework that connects the U.S. dollar stablecoin with the mainland [3] Group 3 - The Hong Kong IPO market is witnessing a surge, with a significant increase in financing amounts, reflecting global capital's confidence in China's industrial upgrade and consumption potential [7] - On July 9, the Hong Kong Stock Exchange saw five companies queueing for listing in a single day, raising over 10 billion HKD [7] Group 4 - The domestic consumption and investment policies are being emphasized by the Chinese government to strengthen the domestic circulation [5][6] - Analysts highlight the urgency and necessity of promoting consumption as a core strategy for economic growth [6] Group 5 - The A-share market has seen an increase in financing balance for eight consecutive days, totaling an increase of 44.038 billion CNY, indicating positive market sentiment [10] - Analysts suggest that the current macro environment and market risk appetite signal potential for further market growth [10] Group 6 - The number of private equity MOM products registered this year has reached a new high, with 43 products registered by July 15, surpassing the total for the past nine years [14] - This trend indicates a strong interest in the MOM fund model, which allows for diversified asset management [14] Group 7 - The beverage brand Wahaha is facing a decline in sales following a family dispute involving its chairman, which has raised concerns among distributors [16] - The internal family conflict could potentially disrupt the competitive landscape of the Chinese beverage industry [16] Group 8 - The domestic electric vehicle market is seeing significant growth, with L2-level assisted driving penetration exceeding 50% [18] - The heavy truck sales in the first half of the year have increased by approximately 7%, with new energy heavy trucks being a major highlight [18] Group 9 - The stock market is experiencing fluctuations, with the Shanghai Composite Index slightly declining by 0.03% to 3503.78 points [19] - The Hong Kong market is also showing mixed performance, with the Hang Seng Index and the Hang Seng Tech Index experiencing slight declines and gains, respectively [19] Group 10 - The U.S. stock market has seen gains driven by positive economic data and corporate earnings reports, with the S&P 500 rising by 0.45% [20] - Approximately 88% of S&P 500 companies that have reported earnings exceeded analyst expectations, boosting investor confidence [20] Group 11 - Several foreign investment banks have expressed positive views on the Chinese market, with Citigroup raising its ratings for Chinese and Korean markets to "overweight" [21] - Citigroup projects the Hang Seng Index to reach 25,000 points by the end of the year and the CSI 300 Index to reach 4,200 points [21] Group 12 - The stock market's investment logic is shifting towards cash flow analysis in a low-interest-rate environment, with a focus on high-dividend and strong cash flow companies [22] - Analysts are optimistic about sectors such as automotive, electronics, and traditional high-growth areas like AI and pharmaceuticals [22]