Company Overview - Jiu Li Special Materials Co., Ltd. is located in Huzhou, Zhejiang Province, established on January 8, 2004, and listed on December 11, 2009. The company specializes in the research, production, and sales of industrial stainless steel pipes and special alloy materials, including pipes, fittings, flanges, bars, and prefabricated components [2]. Financial Performance - For the first half of 2025, Jiu Li Special Materials achieved operating revenue of 6.105 billion yuan, representing a year-on-year growth of 26.39%. The net profit attributable to shareholders was 828 million yuan, with a year-on-year increase of 28.48% [2]. - Since its A-share listing, the company has distributed a total of 3.468 billion yuan in dividends, with 1.802 billion yuan distributed over the past three years [3]. Stock Performance - As of September 12, the stock price of Jiu Li Special Materials decreased by 2.02%, trading at 22.77 yuan per share, with a total market capitalization of 22.25 billion yuan. The stock has seen a year-to-date increase of 1.34%, a 5-day increase of 2.71%, a 20-day increase of 2.06%, and a 60-day decrease of 3.11% [1][2]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 16.03% to 20,600, with an average of 46,427 circulating shares per person, a decrease of 13.80% from the previous period. The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 44.6371 million shares, an increase of 1.8334 million shares from the previous period [2][3]. Capital Flow - On September 12, the net outflow of main funds was 5.9887 million yuan, with large orders accounting for 16.16% of purchases and 21.32% of sales [1].

Market Performance - On September 11, the special steel sector rose by 1.04%, with Xianglou New Materials leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Individual Stock Performance - Xianglou New Materials (301160) closed at 64.98, with a gain of 4.29% and a trading volume of 39,600 lots, amounting to a transaction value of 254 million [1] - Fangda Special Steel (600507) closed at 5.73, up 1.78%, with a trading volume of 244,000 lots [1] - CITIC Special Steel (000708) closed at 12.96, up 1.33%, with a trading volume of 113,800 lots [1] - Other notable stocks include Jinzhou Pipeline (002443) at 7.17 (+0.99%), Shagang Group (002075) at 5.95 (+0.85%), and Jiuli Special Materials (002318) at 23.24 (+0.78%) [1] Fund Flow Analysis - The special steel sector experienced a net outflow of 112 million from main funds, while retail investors saw a net inflow of 110 million [1] - The detailed fund flow for individual stocks shows that Changbao Co. (002478) had a main fund net inflow of 6.82 million, while it faced a net outflow from speculative funds of 8.26 million [2] - Fangda Special Steel (600507) had a significant main fund net outflow of 12.08 million, with retail investors contributing a net inflow of 28.79 million [2]

Investment Rating - The steel industry is rated positively with a recommendation for leading companies and flexible targets in both the ordinary and special steel sectors [4][4][4]. Core Insights - The steel sector experienced a recovery in profits, with the SW Steel index rising by 3.82% in H1 2025 and 15.62% from July to now, indicating a positive trend in the industry [1][9][11]. - The profitability of the ordinary steel sector saw a significant year-on-year increase of 1831.92% in Q2 2025, while special steel experienced a slight decrease of 2.72% [2][16]. - The report highlights the ongoing optimization of steel production capacity, driven by policies aimed at reducing overcapacity and improving environmental standards [3][4][55]. Summary by Sections Steel Sector Performance - In H1 2025, the steel sector's performance was weaker than the Shanghai Composite Index, but improved significantly from July onwards, aligning closely with the index [11][12]. - The ordinary steel sector showed a 4.47% increase in H1 2025 and a 17.63% increase from July to now, while special steel increased by 5.03% and 10.41% respectively [12][13]. Financial Metrics - The steel sector's total revenue in H1 2025 was 945.53 billion, down 9.16% year-on-year, while net profit increased by 157.66% to 13.14 billion [16][16]. - The gross profit margin improved to 7.47% in Q2 2025, with a net profit margin of 1.89% [19][19]. Investment Recommendations - The report suggests focusing on leading companies in the ordinary steel sector, such as Hualing Steel and Baosteel, which are expected to benefit from policy support and improved profitability [4][4][4]. - For the special steel sector, companies benefiting from downstream demand in automotive and renewable energy sectors are recommended, including Xianglou New Materials and Jiuli Special Materials [4][4][4]. Market Trends - The report notes that manufacturing and direct exports are supporting steel demand, while the construction sector remains weak but shows signs of stabilization [3][4]. - The steel industry is expected to undergo significant capacity optimization, with new regulations promoting high-value, low-carbon production methods [55][55].

登录新浪财经APP 搜索【信披】查看更多考评等级 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。 浙江久立特材科技股份有限公司（以下简称"公司"）于2025年9月5日收到公司实际控制人周志江先生的 通知，其通过100%持股的湖州一亩田企业管理有限公司（以下简称"一亩田"）在二级市场增持公司股 份1,200,000股，占公司总股本的0.12%，交易总金额为26,369,484.92元。现将有关情况公告如下： 一、本次增持情况 注：1、一亩田为周志江先生100%持股的公司，久立集团股份有限公司实际控制人为周志江先生，章宇 旭先生系周志江先生的儿子，因此一亩田、久立集团股份有限公司、章宇旭先生、周志江先生互为一致 行动人。 2、久立集团股份有限公司直接持有公司股份335,477,923股，占公司总股本的34.33%；通过股票收益互 换持有公司股份3,542,802股，占公司总股本的0.36%。久立集团股份有限公司共持有公司股份 339,020,725股，占公司总股本的34.69%。 二、其他相关事项说明 1、本次增持公司股份符合《证券法》、《上市公司收购管理办法》、 ...

截至发稿，久立特材市值为222亿元。 每经头条（nbdtoutiao）——"中国真正实现了弯道超车"！从美国回来14年，陈智胜亲历中国创新药大 爆发：以前跨国药企不太信任中国数据，但现在不同了 （记者 曾健辉） 每经AI快讯，久立特材（SZ 002318，收盘价：22.74元）9月8日晚间发布公告称，浙江久立特材科技股 份有限公司于2025年9月5日收到公司实际控制人周志江先生的通知，其通过100%持股的湖州一亩田企 业管理有限公司在二级市场增持公司股份1,200,000股，占公司总股本的0.12%，交易总金额为 26,369,484.92元。 2025年1至6月份，久立特材的营业收入构成为：石油和化工和天然气占比61.36%，电力设备制造占比 15.18%，其他机械制造占比13.5%，其他不可分行业占比9.96%。 ...

格隆汇9月8日丨久立特材(002318.SZ)公布，公司于2025年9月5日收到公司实际控制人周志江先生的通 知，其通过100%持股的湖州一亩田企业管理有限公司(简称"一亩田")在二级市场增持公司股份120万 股，占公司总股本的0.12%，交易总金额为2636.948万元。 ...

关于实际控制人之一致行动人完成增持公司股份的公告 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。 浙江久立特材科技股份有限公司（以下简称"公司"）于2025年9月5日收到 公司实际控制人周志江先生的通知，其通过100%持股的湖州一亩田企业管理有 限公司（以下简称"一亩田"）在二级市场增持公司股份1,200,000股，占公司总 股本的0.12%，交易总金额为26,369,484.92元。现将有关情况公告如下： 一、本次增持情况 1、增持目的 基于对公司未来发展前景的信心和对公司长期投资价值的认可，同时为提振 投资者信心，切实维护投资者利益和促进公司持续、稳定、健康发展，通过深圳 证券交易所交易系统增持公司股份。 证券代码:002318 证券简称:久立特材 公告编号:2025-037 浙江久立特材科技股份有限公司 股份有限公司、章宇旭先生、周志江先生互为一致行动人。 2、久立集团股份有限公司直接持有公司股份335,477,923股，占公司总股本 的34.33%；通过股票收益互换持有公司股份3,542,802股，占公司总股本的0.36%。 久立集团股份有限公司共持有 ...

国浩律师（杭州）事务所 关 于 浙江久立特材科技股份有限公司 实际控制人之一致行动人增持公司股份的 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 二 O 二五年九月 久立特材实际控制人之一致行动人增持公司股份的法律意见书 国浩律师（杭州）事务所 国浩律师（杭州）事务所 关于 浙江久立特材科技股份有限公司 实际控制人之一致行动人增持公司股份的 法律意见书 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 第一部分 声明事项 本所及经办律师依据《证券法》、《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定 ...

Investment Rating - The report maintains a "Buy" recommendation for several steel companies, including Hualing Steel, Baosteel, Nanjing Steel, and others, indicating a positive outlook for the sector [3][4]. Core Viewpoints - The steel industry is experiencing a dual weakness in supply and demand due to environmental production restrictions, with a focus on the recovery during peak demand seasons [3][4]. - Short-term impacts from environmental restrictions are expected to ease, leading to a gradual recovery in both supply and demand [3][4]. - Long-term capacity regulation remains a key theme, with expectations for more precise management to promote industry consolidation and improve profitability for steel companies [3][4]. Price Trends - As of September 5, 2025, steel prices showed mixed trends, with rebar prices at 3,260 CNY/ton, up 10 CNY/ton from the previous week, while other products like high-line and cold-rolled steel saw price declines [1][9]. - The report notes that the average price changes for various steel products over the past month and year reflect a complex market environment, with some products experiencing price increases while others decline [10][24]. Production and Inventory - As of September 5, 2025, total steel production decreased to 8.61 million tons, a reduction of 239,600 tons week-on-week, with rebar production specifically down by 18,800 tons [2][3]. - Total social inventory of major steel products increased by 311,800 tons to 10.765 million tons, indicating a build-up in stock levels despite reduced production [2][3]. Profitability - The report indicates a decline in steel margins, with estimated changes in gross profit for rebar, hot-rolled, and cold-rolled steel being -46 CNY/ton, -38 CNY/ton, and -36 CNY/ton respectively [1][3]. Investment Recommendations - The report recommends specific companies for investment, including Hualing Steel, Baosteel, Nanjing Steel in the general steel sector, and companies like Xianlou New Materials and CITIC Special Steel in the special steel sector [3][4].

Market Performance - On September 5, the special steel sector rose by 0.66% compared to the previous trading day, with Shengde Xintai leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Stock Performance - The following stocks in the special steel sector showed notable performance: - Shengde Xintai (300881) closed at 35.27, up 2.65% with a trading volume of 18,300 lots and a turnover of 64.38 million yuan [1] - Shagang Co. (002075) closed at 5.91, up 1.90% with a trading volume of 422,500 lots and a turnover of 24.7 million yuan [1] - Jiuli Special Materials (002318) closed at 22.17, up 1.74% with a trading volume of 100,700 lots and a turnover of 222 million yuan [1] Capital Flow - The special steel sector experienced a net outflow of 74.48 million yuan from institutional investors, while retail investors saw a net inflow of 71.35 million yuan [2][3] - The following stocks had significant capital flow: - Taigang Stainless (000825) had a net inflow of 9.22 million yuan from retail investors, despite a net outflow of 20.85 million yuan from institutional investors [3] - Xi'an Special Steel (600117) had a net inflow of 9.31 million yuan from retail investors, with a net outflow of 2.17 million yuan from institutional investors [3]