Group 1 - The controlling shareholder and actual controller of Dongfang Yuhong, Li Weiguo, plans to reduce his shareholding by up to 46,382,189 shares, which is no more than 1.94% of the total share capital [1] - Li Weiguo currently holds 530,802,887 shares, accounting for 22.22% of the company's total share capital [1] - The share reduction is scheduled to occur within three months starting from July 24, 2025, following a 15 trading day period after the announcement [1] Group 2 - Dongfang Yuhong's stock price has fallen below the issuance price from the 2021 private placement [3] - In 2021, the company raised approximately RMB 7.99 billion through a private placement of 175,824,175 shares at a price of RMB 45.50 per share [2] - After deducting fees, the actual net amount raised was approximately RMB 7.99 billion [2]

Group 1 - The core point of the news is that the controlling shareholder of Dongfang Yuhong, Li Weiguo, plans to reduce his stake by up to 1.94% of the company's total shares, which has attracted market attention [1] - As of the announcement date, Li Weiguo holds 530,802,887 shares, representing 22.22% of the total share capital, while his associate Li Xingguo holds 10,909,355 shares, accounting for 0.46%, together totaling 22.68% [1] - The planned reduction will occur within three months starting from July 24, 2025, and will involve a maximum of 46,382,189 shares, with the selling price determined by the market price at the time of the sale [1] Group 2 - Dongfang Yuhong's 2024 annual report indicates that the company's operating revenue was 28.06 billion yuan, a year-on-year decrease of 14.5%, and the net profit attributable to shareholders was 108 million yuan, down 95.2% [2] - The first quarter report for 2025 shows operating revenue of 5.95 billion yuan, a year-on-year decline of 16.7%, with a net profit attributable to shareholders of 192 million yuan, down 44.7% [2] - The company's operating cash flow net amount for 2024 was 3.457 billion yuan, an increase of 64.4%, while for the first quarter of 2025, it reported a negative cash flow of 813 million yuan, but this was a 57.0% increase year-on-year [2]

二、本次减持计划的主要内容 （一）减持计划的具体安排 证券代码：002271 证券简称：东方雨虹 公告编号：2025-060 北京东方雨虹防水技术股份有限公司 控股股东、实际控制人李卫国先生保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 持有北京东方雨虹防水技术股份有限公司（以下简称"本公司"或"公司"） 股份530,802,887股（占本公司总股本比例22.22%）的控股股东、实际控制人李 卫国先生计划在本公告披露之日起15个交易日后的3个月内（自2025年7月24日至 不得进行减持的时间和情形除外）以大宗交易和/或集中竞价交易方式减持本公 司股份不超过46,382,189股（占本公司总股本比例不超过1.94%）。 公司于近日收到控股股东、实际控制人李卫国先生出具的《股份减持计划告 知函》，现将具体情况告知如下： 一、股东基本情况 （一）股东名称：李卫国 （二）股东持股情况：截至本公告披露日，李卫国先生持有公司股份 先生持有公司股份10,909,355股，占公司总股本比例为0.46%。李卫国先 ...

北京东方雨虹防水技术股份有限公司 关于控股股东、实际控制人减持股份预披露公告 控股股东、实际控制人李卫国先生保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：002271 证券简称：东方雨虹 公告编号：2025-060 （二）股东持股情况：截至本公告披露日，李卫国先生持有公司股份 530,802,887股，占公司总股本比例为22.22%，李卫国先生的一致行动人李兴国 先生持有公司股份10,909,355股，占公司总股本比例为0.46%。李卫国先生及其 一致行动人李兴国先生合计持有公司股份541,712,242股，占公司总股本比例为 22.68%。 二、本次减持计划的主要内容 （一）减持计划的具体安排 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 持有北京东方雨虹防水技术股份有限公司（以下简称"本公司"或"公司"） 股份530,802,887股（占本公司总股本比例22.22%）的控股股东、实际控制人李 卫国先生计划在本公告披露之日起15个交易日后的3个月内（自2025年7月24日至 2025年10月23日，中国证监会、深圳证券交易所相 ...

Core Viewpoint - The controlling shareholder and actual controller of Dongfang Yuhong plans to reduce their stake by up to 1.94% of the company's total shares [1] Summary by Relevant Sections - Shareholder Reduction Plan - The controlling shareholder, Li Weiguo, intends to reduce holdings by no more than 46,382,189 shares [1]

Core Viewpoint - The price increase of waterproof products by Dongfang Yuhong starting July 1 is confirmed, indicating a broader trend of price adjustments within the industry, suggesting a shift towards a healthier competitive landscape [1] Company Summary - Dongfang Yuhong has officially notified downstream customers about the price increase, which affects waterproof coatings, grout, and tile adhesives [1] - This price adjustment is noted as one of the more significant changes within the year [1] - The company is currently unable to directly assess the impact of this price increase on its performance [1] Industry Summary - The price increase is not isolated to Dongfang Yuhong; many leading companies in the industry are also raising prices [1] - The widespread price hikes indicate that the industry is moving in a positive direction towards a more favorable competitive environment [1]

Core Viewpoint - The report outlines the violations related to the application for a key research project by Oriental Yuhong and its associated parties, highlighting issues of material forgery and improper conduct in the project application process [1][2][3]. Group 1: Violations by Oriental Yuhong - Oriental Yuhong, represented by Wang Jian, engaged in signing a consulting contract with Hainan Xingying Technology Co., which involved the writing and submission of project application materials [2]. - The company was found to have fabricated relevant materials and exhibited management negligence [2]. - As a result, the project was revoked, and Oriental Yuhong is prohibited from participating in government-funded scientific activities for three years, with a record of serious dishonesty in scientific integrity [2]. Group 2: Violations by Hainan Xingying Technology Co. - Hainan Xingying Technology Co., under the control of Yang Jianxin, was involved in the same consulting contract and fulfilled its obligations related to the project application [3]. - The company received a public reprimand and is banned from participating in government-funded scientific activities for two years, with a record of serious dishonesty in scientific integrity [3]. Group 3: Violations by Jiang Dianzheng - Jiang Dianzheng, a former employee of Oriental Yuhong, signed the consulting contract and was involved in its execution [4]. - He cooperated with the investigation and received a public reprimand without further penalties [5]. Group 4: Institutional Responsibility and Future Actions - The violations indicate a lack of responsibility from the involved institutions regarding the management and education of scientific integrity [5]. - The Hainan Provincial Department of Science and Technology emphasizes the need for stronger supervision and accountability in scientific research activities [5].

证券代码：002271 证券简称：东方雨虹 公告编号：2025-059 北京东方雨虹防水技术股份有限公司 关于获得政府补助的公告 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。 一、获取补助的基本情况 北京东方雨虹防水技术股份有限公司（以下简称"公司"）获悉，自公司最 近一次披露《关于获得政府补助的公告》（公告编号：2025-057）至今，公司及 下属子公司累计获得政府补助合计 22,519,088.00 元人民币，均为与收益相关的 政府补助，占公司 2024 年度经审计的归属于上市公司股东净利润的 20.82%，补 助形式均为现金，截至目前，上述补助已经实际收到相关款项，具体明细如下： | 序号 | 获得补助的主体 | 补助获得时间 | 补助金额（元） | | --- | --- | --- | --- | | 1 | 青岛东方雨虹建筑材料有限公司 | 2025/6/10 | 400,000.00 | | 2 | 杭州东方雨虹建筑材料有限公司 | 2025/6/10 | 50,000.00 | | 3 | 德爱威建设工程有限公司 | 2025/6/12 | ...

Investment Rating - The investment rating for the building materials industry is "Positive" (maintained) [1] Core Viewpoints - The report highlights that the real estate market policies are continuously tightening, creating investment opportunities in building materials. Recent policies from the central bank and local governments aim to support home purchases and improve safety in construction sites, indicating a shift towards a balanced supply-demand dynamic in the real estate market [3][4] - Recommended stocks in the consumer building materials sector include Sankeshu (channel penetration and retail expansion), Dongfang Yuhong (waterproof leader with optimized operational structure), Weixing New Materials (high-quality operations with a significant retail business), and Jianlang Wujin. Beneficiary stocks include Beixin Building Materials (gypsum board leader with diversified expansion in coatings and waterproof sectors) [3] - The report also notes that the National Development and Reform Commission has issued a plan for energy conservation and carbon reduction in the cement industry, aiming to control cement clinker capacity to around 1.8 billion tons by the end of 2025, which is expected to accelerate the iteration of energy-saving and efficient equipment [3][4] Market Performance - The building materials index increased by 2.41% in the week from June 23 to June 27, 2025, outperforming the CSI 300 index, which rose by 1.95%, resulting in a 0.46 percentage point advantage [4][13] - Over the past three months, the CSI 300 index has risen by 0.88%, while the building materials index has decreased by 3.79%, indicating a 4.67 percentage point underperformance [4][13] - In the past year, the CSI 300 index has increased by 13.29%, while the building materials index has only risen by 7.19%, showing a 6.11 percentage point underperformance [4][13] Cement Sector - As of June 27, 2025, the average price of P.O42.5 bulk cement nationwide was 284.72 yuan/ton, a decrease of 4.47% month-on-month. The price trends varied by region, with Northeast China seeing a significant drop of 21.95% [6][24] - The clinker inventory ratio reached 69.36%, an increase of 1.27 percentage points from the previous month [6][25] Glass Sector - The report indicates that the spot price of float glass as of June 27, 2025, was 1200.53 yuan/ton, reflecting a slight increase of 0.13%. The inventory of float glass decreased by 2.51%, with a total of 59 million weight boxes [6][75] - The average price of photovoltaic glass was 120.70 yuan/weight box, down by 3.44% [6][78] Fiberglass Sector - The report notes that the price of fiberglass remains stable, with various types of fiberglass priced between 3400 to 6600 yuan/ton depending on the type and region [6][3] Consumer Building Materials - The report tracks the prices of key raw materials for consumer building materials, noting slight fluctuations. For instance, the price of asphalt remained stable at 4520 yuan/ton, while the price of acrylic acid increased by 1.87% to 6825 yuan/ton [6][3]

Core Viewpoint - Recent price increases by waterproof building material companies signal a collective response to rising costs and intense competition in the industry, marking a "counter-involution" movement [2][5]. Price Adjustments - Companies such as Beijing Oriental Yuhong Waterproof Technology Co., Ltd. and Keshun Waterproof Technology Co., Ltd. announced price hikes for various waterproof products, effective July 1, 2025, with increases ranging from 1% to 13% [3][4]. - Specific products affected include waterproof coatings, tile adhesives, and membrane materials, with the highest increase for waterproof coatings reaching 13% [3][4]. Industry Context - The waterproof industry has faced continuous pressure from fluctuating raw material prices and rising transportation costs, leading to compressed profit margins [5]. - For instance, Oriental Yuhong reported a gross margin of 25.80% in 2024, down 1.89 percentage points year-on-year, and a net margin of only 0.27%, a decline of 6.70 percentage points compared to the previous year [5]. Long-term Implications - Industry leaders emphasize the need to break the cycle of low-price competition, which can disrupt market order and compromise product quality [5]. - The recent price adjustments are seen as a necessary step to foster a healthier, sustainable development trajectory for the industry, moving towards higher quality and added value [5].