Group 1 - The company Qinglong Pipe Industry has announced an earnings forecast for the fiscal year 2025, expecting a net profit attributable to shareholders of between 125 million to 180 million yuan [1] - The basic earnings per share are projected to be between 0.3784 yuan and 0.5449 yuan [1] Group 2 - Local state-owned assets are beginning to "bottom out" by purchasing auctioned properties, acquiring over 60 units in the Nansha District of Guangzhou at prices around 6,000 to 7,000 yuan per unit [1] - The average listing price for second-hand houses in the same community exceeds 20,000 yuan [1]

Core Viewpoint - Qinglong Pipe Industry is forecasting a significant decline in net profit for the year 2025, with estimates indicating a decrease of 32.77% to 53.31% compared to the previous year [1] Financial Performance - The company expects the net profit attributable to shareholders to be between 125 million and 180 million yuan for 2025 [1] - The net profit after deducting non-recurring gains and losses is projected to be between 117 million and 170 million yuan, reflecting a year-on-year decrease of 30.92% to 52.46% [1] Industry Impact - The decline in performance is attributed to a phase adjustment within the industry, leading to a decrease in order volume and overall shipment compared to the same period last year [1] - Revenue is expected to decrease year-on-year due to the reduced order volume and shipment [1] Cost Structure - The gross profit margin has declined compared to the previous year, primarily due to changes in the sales structure of the company's products [1] - Increased investment in market promotion, talent acquisition, and channel development has led to a rise in management costs and an increase in the expense ratio [1]

Financial Projections - The estimated net profit for 2025 is projected to be between 12,500 and 18,000 million CNY, representing a decline of 53.31% to 32.77% compared to the previous year[4]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between 11,700 and 17,000 million CNY, reflecting a decrease of 52.46% to 30.92% year-on-year[4]. - The basic earnings per share is expected to be between 0.3784 and 0.5449 CNY, down from 0.8092 CNY in the same period last year[4]. Performance Decline Factors - The decline in performance is attributed to a decrease in order volume and overall shipment volume due to industry adjustments, leading to a reduction in operating revenue[6]. - The gross profit margin has decreased due to changes in product sales structure, with an increase in urban pipeline renovation and sponge city projects, primarily involving drainage pipes[6]. - Increased investments in market promotion and talent acquisition have led to higher management costs, contributing to the rise in period expenses[6]. Future Outlook - The company anticipates a recovery in performance driven by national infrastructure policies and the company's 50 years of technical expertise in pipeline manufacturing[7]. - The company emphasizes that there are no significant uncertainties affecting the accuracy of this earnings forecast[8]. Financial Reporting - The financial data presented is preliminary and has not been audited by an external auditor[9]. - Detailed performance data will be disclosed in the company's 2025 annual report[9].

Group 1 - The core point of the article is that Qinglong Pipe Industry (002457) reported a total of 50,391 shareholders as of January 20, 2026 [1]

证券代码：002457 证券简称：青龙管业 公告编号：2026-002 青龙管业集团股份有限公司 关于独立董事取得独立董事培训证明的公告 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。 青龙管业集团股份有限公司（以下简称"公司"）于 2025 年 12 月 26 日召开 公司 2025 年第三次临时股东会，审议通过了《关于公司董事会换届选举暨提名独 立董事候选人的议案》，同意选举王海智先生、汤鹏先生、马开茂先生为公司第 七届董事会独立董事，任期自 2025 年第三次临时股东会审议通过之日起三年。 截至公司 2025 年第三次临时股东会通知发出之日，王海智先生、汤鹏先生、 马开茂先生尚未取得独立董事培训证明。根据深圳证券交易所的相关规定，王海 智先生、汤鹏先生、马开茂先生已书面承诺参加最近一次独立董事培训并取得深 圳证券交易所认可的独立董事资格证书。 近日，公司董事会收到王海智先生、汤鹏先生、马开茂先生的通知，获悉其 已按照相关规定参加了深圳证券交易所举办的上市公司独立董事培训，并取得了 由深圳证券交易所创业企业培训中心颁发的《上市公司独立董事培训证明》。 特此 ...

Market Overview - The Shanghai Composite Index closed at 4113.65 points, slightly down by 0.01%, with a total trading volume of 280.42 billion yuan [1] - A total of 82 A-shares have surpassed their annual line, indicating positive market sentiment [1] Notable Stocks - Jiangtian Chemical (300927) showed a significant increase of 19.99% with a deviation rate of 17.66% from the annual line [1] - Meibang Technology (920471) rose by 29.94%, with a deviation rate of 14.23% [1] - Lionhead Co. (600539) increased by 10.01%, with a deviation rate of 8.81% [1] - Other notable stocks include Hongqiang Co. (002809) and Jingji Zhino (000048), with increases of 10.00% and 10.01% respectively [1] Deviation Rate Rankings - The stocks with the highest deviation rates from the annual line include: - Jiangtian Chemical: 17.66% - Meibang Technology: 14.23% - Lionhead Co.: 8.81% [1] - Stocks with lower deviation rates that have just crossed the annual line include Qinglong Pipe Industry, Three Gorges Water Conservancy, and Chuanfa Longmang [1] Additional Stock Performance - Other stocks with notable performances include: - Red Wall Co. (002809) with a 10.00% increase and a deviation rate of 8.72% - ST Xiangxue (300147) with a 7.05% increase and a deviation rate of 7.02% [1] - The trading turnover rates for these stocks vary, with Meibang Technology showing a high turnover rate of 27.77% [1]

Core Viewpoint - The company aims to become a comprehensive service provider in the water-saving pipeline industry, focusing on quality, brand, and technological innovation [2] Group 1: Product Development - The company offers three main product categories: concrete pipes, composite steel pipes, and plastic pipelines, continuously expanding their application areas [2] - The company emphasizes product innovation and technological advancement to strengthen its market position [2] Group 2: Market Strategy - The company is actively filling gaps in the national market while deepening its presence in existing markets and niche segments [2] - The company is closely monitoring the implementation of relevant policies and aligning its business strategies accordingly to enhance market share [2] Group 3: Communication and Growth - The company is committed to creating good returns for shareholders and maintaining active communication with investors to convey its value [2] - The company focuses on internal development while striving for healthy, stable, and sustainable growth [2]

Market Overview - The renovation and building materials sector experienced a decline of 1.62% on January 13, with Luyang Energy leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Stock Performance - Notable gainers in the renovation and building materials sector included: - Youbang Ceiling (002718) with a closing price of 62.33, up 10.01% and a trading volume of 76,800 shares, totaling 470 million yuan [1] - Kaier New Materials (300234) closed at 5.95, up 3.30% with a trading volume of 372,100 shares, totaling 221 million yuan [1] - Qinglong Pipe (002457) closed at 11.45, up 1.96% with a trading volume of 193,000 shares, totaling 219 million yuan [1] - Conversely, significant decliners included: - Jiyang Energy (002088) closed at 11.67, down 6.57% with a trading volume of 230,100 shares, totaling 275 million yuan [2] - Ruitai Technology (002066) closed at 19.55, down 5.96% with a trading volume of 106,500 shares, totaling 213 million yuan [2] - Beijing Lier (002392) closed at 8.49, down 4.61% with a trading volume of 313,000 shares, totaling 270 million yuan [2] Capital Flow - The renovation and building materials sector saw a net outflow of 233 million yuan from main funds, while retail investors contributed a net inflow of 229 million yuan [2] - The detailed capital flow for selected stocks showed: - Beixin Building Materials (000786) had a main fund net outflow of 30.87 million yuan [3] - Qinglong Pipe (002457) experienced a main fund net inflow of 20.71 million yuan [3] - Weixing New Materials (002372) had a main fund net inflow of 20.23 million yuan [3]

Group 1 - The company, Qinglong Pipe Industry Group Co., Ltd., elected Mr. Li Qian as the chairman of the seventh board of directors during the meeting held on December 26, 2025 [1] - The company has completed the legal representative registration change, with Mr. Li Qian now serving as the legal representative as of January 9, 2026 [1] - The company’s registered capital is 333,484,608 yuan, and it was established on March 1, 1999 [1] Group 2 - The company operates in various sectors including the production and sales of concrete products, plastic and rubber products, and various types of pipes [1] - The company is involved in water conservancy and hydropower engineering, including design, construction, and installation of irrigation projects [1]

Group 1 - The company Qinglong Pipe Industry Group Co., Ltd. has completed the registration of the change of its legal representative [2] - Li Qian has been elected as the chairman of the seventh board of directors, making him the legal representative of the company [2] - The company received a new business license from the Ningxia Hui Autonomous Region Market Supervision Administration on January 9, 2026, with the legal representative now listed as Li Qian [2] Group 2 - The registered capital of the company is 333,484,680 yuan [2] - The company was established on March 1, 1999, and is located in Qingtongxia City, Ningxia Hui Autonomous Region [2] - The business scope includes the production and sales of various concrete and plastic products, as well as engineering design and construction services related to water conservancy and irrigation [2]