北京商报讯2月26日，装修建材板块小幅下跌，以18668.49点收盘，跌幅为0.85%。受板块影响，装修建 材板块个股出现不同程度下跌。顶固集创以32.59元/股收盘，跌幅为8.46%，领跌装修建材股。科顺股 份以7.71元/股收盘，跌幅为5.86%，跌幅位列装修建材股第二。尚品宅配以14.08元/股收盘，跌幅为 3.89%，跌幅位列装修建材股第三。除此之外，悦心健康以5.80元/股收盘，涨幅为10.06%，领涨装修建 材股。雅博股份以2.48元/股收盘，涨幅为6.44%，涨幅位列装修建材股第二。*ST松发以104.85元/股收 盘，涨幅为5.00%，涨幅位列装修建材股第三。 中国银河在研报中表示，中长期来看，存量房翻新、旧改以及城市更新将成为消费建材需求托底主力。 近年消费建材龙头企业加速调整销售策略，零售业务规模不断扩大，随着城市发展向存量提质增效转 型，龙头企业市占率有望不断提升。 （文章来源：北京商报） ...

北京商报讯（记者 翟枫瑞）2月24日，装修建材板块增长，以18438.61点收盘，涨幅为2.02%。在板块 带动下，多只装修建材股股价实现增长。顶固集创以34.39元/股收盘，涨幅为19.99%，领涨装修建材 股。扬子新材以4.57元/股收盘，涨幅为19.99%，涨幅位列装修建材股第二。青龙管业以13.70元/股收 盘，涨幅为10.04%，涨幅位列装修建材股第三。除此之外，雅博股份以2.24元/股收盘，跌幅为5.08%， 领跌装修建材股。*ST松发以95.10元/股收盘，跌幅为5.00%，跌幅位列装修建材股第二。万里石以 44.85元/股收盘，跌幅为4.78%，跌幅位列装修建材股第三。 东吴证券在研报中表示，消费方面，二手房交易量自年初以来持续略超预期，显示出企稳迹象。上海等 地试点存量房收储，有利于中长期楼市企稳。短期26年上半年地产链业绩仍较为平淡，好的是大部分公 司毛利率、费用率、利润率均将有所改善。25年上半年过度竞争大部分产品达到行业性亏损之后，行业 出清，价格逐渐修复，此轮修复高度有望比合理利润率更高。 ...

建筑装饰 2026 年 02 月 23 日 行 业 研 究 / 行 业 点 评 相关研究 证 券 研 究 报 告 证券分析师 袁豪 A0230520120001 yuanhao@swsresearch.com 唐猛 A0230523080003 tangmeng@swsresearch.com 研究支持 唐猛 A0230523080003 tangmeng@swsresearch.com 联系人 唐猛 A0230523080003 tangmeng@swsresearch.com 推动投资止跌回稳，关注节后开复工效果 看好 ——申万宏源建筑双周报（20260209-20260222） 本期投资提示： 行 业 及 产 业 请务必仔细阅读正文之后的各项信息披露与声明 本研究报告仅通过邮件提供给 博时基金 博时基金管理有限公司(researchreport@bosera.com) 使用。1 - ⚫ 一周板块回顾：板块表现方面，SW 建筑装饰指数+0.37%，沪深 300 指 数+0.36%，相对收益为+0.01pct。双周涨幅最大的三个子行业分别为专 业工程（+2.47%）、生态园林（+1.99%）、设计咨询（+1 ...

从资金流向上来看，当日山东国企改革板块主力资金净流出15.02亿元，游资资金净流入6.85亿元，散户 资金净流入8.18亿元。山东国企改革板块个股资金流向见下表： 证券之星消息，2月13日山东国企改革板块较上一交易日下跌2.13%，雅博股份领跌。当日上证指数报 收于4082.07，下跌1.26%。深证成指报收于14100.19，下跌1.28%。山东国企改革板块个股涨跌见下 表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

Group 1 - A-shares experienced significant movement with 39 stocks hitting the daily limit up and 8 stocks hitting the limit down on February 13 [1] - The autonomous driving and smart cockpit sectors saw a simultaneous rise, with Zhejiang Shibao, Xingmin Zhitong, and Qianli Technology reaching the limit up [1] - The advanced packaging concept also strengthened, with Yitian Co., Ltd. hitting the limit up [1] Group 2 - ST Cuihua faced a continuous decline with 4 consecutive limit down days, while *ST Jinglun and *ST Xiongmao experienced 2 consecutive limit down days [2] - Other companies such as Yabo Co. and Zhuolang Intelligent also hit the limit down [2]

Summary of Key Points from the Conference Call Industry Overview - The primary focus of the conference call was on the **computing hardware** sector, particularly in relation to overseas blockchain computing [1] Key Themes and Trends - **Strongest Market Lines**: - Computing hardware emerged as the strongest market line, with notable companies such as **Daiwei Technology** achieving a 4-board increase, **Te Fa Information** with a 3-board increase, and **Honghe Technology** and **Shandong Glass Fiber** both achieving a 2-board increase [1][1] - **Sector Performance**: - **Comic and Animation**: **Zhangyue Technology** saw a 4-board increase [1] - **Photovoltaics**: **Yabo Co., Ltd.** also achieved a 4-board increase [1] - **Chemicals**: **Meibang Co., Ltd.** recorded a 2-board increase [1] - **Non-ferrous Metals**: Companies like **Zhangyuan Tungsten Industry**, **Xianglu Tungsten Industry**, and **Jiang Tungsten Equipment** each saw a 2-board increase [1] Sector Breakdown - **Key Sectors**: - **Optical Communication**: Companies such as **Tianfu Communication**, **Taicheng Light**, **Juguang Technology**, **Zhishang Technology**, **Guangku Technology**, and **Huanxu Electronics** are highlighted [1] - **Liquid Cooling**: Companies including **Yimikang**, **Shenling Environment**, **Kechuang Xinyuan**, **Yingweike**, **Chuanrun Co., Ltd.**, **Dayuan Pump Industry**, **Yidong Electronics**, and **Feilong Co., Ltd.** are mentioned [1] - **Gas Turbines**: Key players include **Dongfang Electric**, **Yingliu Co., Ltd.**, **Boying Welding**, **Longda Co., Ltd.**, **Wanze Co., Ltd.**, **Weichai Power**, and **Jereh Co., Ltd.** [1] - **Electronic Fabrics**: Companies such as **Shandong Glass Fiber**, **Honghe Technology**, **China National Materials**, **China Jushi**, and **International Composites** are noted [1] - **Power Supply**: Companies like **Zhongheng Electric**, **Keshida**, **Oulutong**, **Jinpan Technology**, **Maigemi Te**, and **Hu塑科技** are included [1] Additional Insights - **Cloud Computing**: Companies such as **Daiwei Technology**, **Youke De**, **Beijing Online**, **Dongfang Guoxin**, **Qingyun Technology**, and **Litong Electronics** are highlighted as key players in the cloud computing sector [1] - **Tungsten Industry**: Companies like **Zhangyuan Tungsten Industry**, **Xianglu Tungsten Industry**, **Dongfang Tantalum**, and **China Tungsten High-tech** are mentioned as significant contributors to the non-ferrous metals sector [1] - **Semiconductors**: The sector is experiencing price increases, indicating potential investment opportunities [1]

证券日报网讯 2月12日，雅博股份发布公告称，公司股票连续二个交易日（2026年2月11日和2026年2月 12日）日收盘价格涨幅偏离值累计超过20%，根据《深圳证券交易所交易规则》的有关规定，属于股票 交易异常波动的情形。公司董事会确认，除公司已披露的信息外，公司目前没有任何根据深交所《股票 上市规则》等有关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、协议等；董事 会也未获悉公司有根据深交所《股票上市规则》等有关规定应予以披露而未披露的、对公司股票及其衍 生品种交易价格产生较大影响的其他信息。公司前期披露的信息不存在需要更正、补充之处。 （文章来源：证券日报） ...

Group 1: Strong Stocks - As of February 12, the Shanghai Composite Index rose by 0.05% to close at 4134.02 points, the Shenzhen Component Index increased by 0.86% to 14283.0 points, and the ChiNext Index climbed by 1.32% to 3328.06 points [1] - A total of 70 stocks in the A-share market hit the daily limit up, with the top three strong stocks being Yabo Co., Ltd. (002323), Decai Co., Ltd. (605287), and TeFa Information (000070) [1] - The top 10 strong stocks based on consecutive limit-up days and turnover rates include: - Yabo Co., Ltd. (4 consecutive limit-ups, turnover rate 15.9%) - Decai Co., Ltd. (4 consecutive limit-ups, turnover rate 20.7%) - TeFa Information (3 consecutive limit-ups, turnover rate 19.5%) [1] Group 2: Concept Sectors - The top three concept sectors with the highest gains are: China AI 50 (up 2.92%), Liquid Cooling Servers (up 2.86%), and Co-Packaged Optics (CPO) (up 2.7%) [2] - The top 10 concept sectors based on their percentage changes include: - F5G Concept (up 2.5%) - Optical Fiber Concept (up 2.44%) - Copper Cable High-Speed Connection (up 2.2%) - Nvidia Concept (up 2.14%) - Flexible DC Transmission (up 2.13%) - Automotive Chips (up 2.12%) - Pumped Storage (up 2.08%) [2]

证券代码：002323 证券简称：雅博股份 公告编号：2026-003 山东雅博科技股份有限公司 关于股票交易异常波动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 山东雅博科技股份有限公司（以下简称"公司"）（证券名称：雅博股份、 证券代码：002323）股票连续二个交易日（2026 年 2 月 11 日和 2026 年 2 月 12 日）日收盘价格涨幅偏离值累计超过 20％，根据《深圳证券交易所交易规则》 的有关规定，属于股票交易异常波动的情形。 2、经核查，公司未发现近期公共传媒报道了可能或已经对本公司股票交易 价格产生较大影响的未公开重大信息； 3、经核查，公司经营情况及内外部经营环境未发生重大变化； 4、公司、控股股东不存在关于本公司的应披露而未披露的重大事项，或处 于筹划阶段的重大事项； 5、经查询，公司控股股东及实际控制人在本公司股票异常波动期间未买卖 公司股票； 6、经公司自查，公司不存在违反信息公平披露的情形。 三、是否存在应披露而未披露信息的说明 公司董事会确认，除公司已披露的信息外，公司目前没有任何 ...

Core Insights - The Shandong state-owned enterprise reform sector saw an increase of 0.89% on February 12, with Yabo Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4134.02, up 0.05%, while the Shenzhen Component Index closed at 14283.0, up 0.86% [1] Stock Performance - Yabo Co., Ltd. (002323) closed at 2.62, up 10.08%, with a trading volume of 3.39 million shares and a transaction value of 837 million yuan [1] - Shandong Pofiber (605006) closed at 10.20, up 10.03%, with a trading volume of 645,000 shares and a transaction value of 643 million yuan [1] - Weichai Power (000338) closed at 28.07, up 8.09%, with a trading volume of 1.60 million shares and a transaction value of 4.39 billion yuan [1] - China National Heavy Duty Truck Group (000951) closed at 21.65, up 5.66%, with a trading volume of 1.35 million shares and a transaction value of 750 million yuan [1] - Yanzhou Coal Mining Company (600188) closed at 17.51, up 5.17%, with a trading volume of 1.19 million shares and a transaction value of 2.06 billion yuan [1] Capital Flow - The Shandong state-owned enterprise reform sector experienced a net inflow of 1.049 billion yuan from institutional investors, while retail investors saw a net outflow of 904 million yuan [2] - The main stocks with significant net inflows included Inspur Information (000977) with a net inflow of 648 million yuan, accounting for 13.72% of the total [3] - Weichai Power (000338) had a net inflow of 440 million yuan, representing 10.02% of the total [3] - Yabo Co., Ltd. (002323) had a net inflow of 90 million yuan, accounting for 10.76% of the total [3]