转自：广东省市场监督管理局网站 根据广东坚朗五金制品股份有限公司等7家企业注销工业产品生产许可证的申请，依照《中华人民共和国行政许可法》《市场监督管理行政许可程序暂行规 定》有关规定，广东省市场监督管理局决定注销上述工业产品生产许可证（名单见附件）。自本公告发布之日起，被注销的行政许可证件及证书编号停止使 用。 特此公告。 广东省市场监督管理局 2026年2月14日 附件 注销工业产品生产许可证名单 | 序 | 企业名称 | 产品名称 | 住所 | 生产地址 | 证书编号 | 发证日 | 有效期 | 注销原因 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | | | | | | 期 | 至 | | | 广东坚朗五金 | | | 广东省东莞市塘厦镇 坚朗路3号 | | （粤） | 2024年 | 2029年 10月23 | 企业不再从事相关行政许可活动，主动 申请注销工业产品生产许可证 | | 1 | 制品股份有限 | 安全帽 | | | XK02- | 10月24 | | | | 公司 | | | | | 001-10521 | 日 ...

（文章来源：证券日报） 证券日报网讯 2月26日，坚朗五金在互动平台回答投资者提问时表示，截至2026年2月10日，公司股东 数量为33909户。 ...

Group 1 - The core viewpoint of the article is that Jianlang Hardware (002791) has introduced a new "charging pile" concept through a joint venture with its affiliate, Daor Intelligent Control, to develop smart charging solutions [1] - As of February 10, 2026, the number of shareholders for the company reached 33,909 [1] - The company has mentioned diversification efforts in areas such as photovoltaic brackets and Xiong'an New Area business, although no significant new developments have been disclosed [1] Group 2 - In the recent trading period from February 9 to 13, 2026, Jianlang Hardware's stock price exhibited significant volatility, closing at 25.94 yuan on February 9, with a peak intraday price of 25.53 yuan on February 11, followed by a decline to 24.63 yuan on February 12 [2] - The stock price decreased by 5.24% to 24.21 yuan as of February 13, with a trading volume reduced to 1.01 billion yuan [2] - The financial data indicates short-term divergence in capital flow, with the technical analysis showing the stock approaching a resistance level of 24.73 yuan, necessitating attention to potential breakout situations [2]

Core Viewpoint - The renovation and building materials sector experienced a slight decline, closing at 18513.73 points with a drop of 0.2%, influenced by varying performances among individual stocks in the sector [1] Group 1: Stock Performance - *ST Yazhen led the decline in the renovation and building materials sector, closing at 42.46 yuan per share with a drop of 4.97% [1] - Jianlang Hardware followed with a closing price of 25.02 yuan per share, down 3.55%, ranking second in the sector's decline [1] - Dongfang Yuhong closed at 17.70 yuan per share, down 3.17%, ranking third in the sector's decline [1] - In contrast, Dinggu Jichuang led the gains, closing at 25.72 yuan per share with an increase of 20.02% [1] - Yabo Co. closed at 2.16 yuan per share, up 10.20%, ranking second in the sector's gains [1] - *ST Songfa closed at 89.67 yuan per share, up 5.00%, ranking third in the sector's gains [1] Group 2: Market Outlook - Huafu Securities' report indicates that the Central Economic Work Conference emphasized stabilizing the real estate market, implementing city-specific policies to control increments, reduce inventory, and improve supply [1] - The report also highlights the encouragement of acquiring existing residential properties for affordable housing and the reform of the housing provident fund system to promote the construction of "good houses" [1] - With the acceleration of supply-side reform expectations, the building materials capacity cycle is anticipated to reach a turning point [1]

Summary of Conference Call for Jianlang Hardware Company Overview - **Company**: Jianlang Hardware - **Industry**: Building Materials Key Points and Arguments Industry Dynamics - The building materials sector is expected to present opportunities throughout the year, despite a continuous decline in construction starts for nearly five years [1] - Demand has reached a turning point, with absolute volumes decreasing, indicating a potential recovery in the future [1] - The supply side is also experiencing a contraction, with various segments, including hardware, entering a new phase of market dynamics [1] Financial Performance (2025 Review) - Jianlang Hardware reported a loss in 2025, attributed to two main factors: a decline in gross margin and a decrease in production capacity utilization [3] - The gross margin decline was exacerbated by intensified market competition [3] - The company's selling and administrative expenses remained stable or slightly decreased, but impairment losses significantly impacted profitability, with a year-on-year increase of approximately 150 million [4] Market Segmentation and Strategy for 2026 - The domestic market's share related to real estate is around 38%, and this is expected to decline further in 2026 [4][5] - The company aims to stabilize domestic sales and prevent further declines, while also expanding into non-real estate sectors such as hospitality and home decoration [6] - Internationally, the company did not meet its delivery growth expectations in 2025 due to project fluctuations, but anticipates better performance in 2026 based on historical trends [6][7] Gross Margin and Cost Management - The company is actively working to improve gross margins through communication with suppliers and cost reduction strategies [7] - There is a focus on enhancing profitability through different product supply models and operational efficiencies [7] Competitive Landscape - The hardware industry is experiencing a significant reduction in the number of suppliers, from over 10,000 to approximately 2,000, indicating a consolidation trend [10] - Competitors are increasingly focusing on key cities and clients, leading to a more concentrated market [12] Pricing and Cost Outlook - Pricing strategies are tied to raw material costs, with mechanisms in place to adjust prices based on material price fluctuations [16][17] - The company anticipates potential price increases in raw materials, which could impact gross margins [15] Small B and Retail Business Development - The company is exploring opportunities in the small B and retail markets, with a focus on differentiating product offerings and expanding customer reach [22][23] - The home decoration segment has shown potential, with significant sales volumes reported [24][25] International Expansion - Jianlang Hardware is pursuing international growth through two business models: traditional overseas sales and establishing local subsidiaries in regions like Southeast Asia and the Middle East [30][31] - The company aims for a 30% growth target in overseas markets for 2026, leveraging stable project opportunities in these regions [32][33] Financial Health and Cash Flow Management - The company is actively reducing leverage, with a declining debt ratio and improving cash collection rates [39] - Cash flow is expected to improve in 2026 and 2027 due to better management of receivables and procurement processes [43] Impairment and Receivables Management - Impairment losses are being managed with a focus on cleaning up old receivables, with a significant portion already addressed [44][46] - The company anticipates a reduction in impairment burdens moving forward [47] Personnel and Cost Control - The company is optimizing its sales personnel structure, focusing on improving efficiency and reducing excess management layers [49][52] - Adjustments are being made to align the workforce with current market demands and operational needs [52] This summary encapsulates the key insights from the conference call regarding Jianlang Hardware's performance, market strategies, and future outlook in the building materials industry.

Investment Rating - The report maintains a "Buy" rating for key companies in the building materials sector, indicating an expected relative performance increase of over 15% in the next 6-12 months [6][110]. Core Insights - The building materials industry is at a turning point, with both demand and valuation expected to improve. The real estate sector is anticipated to stabilize, leading to a recovery in building materials demand. The report highlights that new construction starts in 2025 are projected to decline by 70% compared to 2021, with completions down by 40% and new home sales down by 50% [9][8]. - Rising prices of upstream raw materials such as asphalt, polypropylene, and polyethylene are expected to drive up building material prices, benefiting companies with pricing power [9][8]. - The report recommends several companies, including Beixin Building Materials, Oriental Yuhong, and Sanhe Tree, while suggesting to pay attention to companies like Rabbit Baby and China Liansu [9][8]. Summary by Sections Market Overview - The building materials sector is currently underweighted, with a configuration ratio of 0.72% as of Q4 2025, which is significantly lower than the historical average since 2010 [8]. - The cement and glass sectors are noted to be at low valuation levels, with the cement manufacturing PB at the 16th percentile and glass manufacturing PB also at the 16th percentile since 2010 [8]. Key Company Recommendations - Recommended companies include: - Beixin Building Materials: EPS forecasted to increase from 2.1 in 2024 to 3.5 in 2027, with a PE ratio decreasing from 13.4 to 8.2 [6]. - Conch Cement: EPS forecasted to rise from 1.5 in 2024 to 2.2 in 2027, with a PE ratio decreasing from 17.3 to 11.6 [6]. - China Jushi: EPS expected to grow from 0.6 in 2024 to 1.2 in 2027, with a PE ratio decreasing from 36.1 to 18.6 [6]. - Other companies include Weixing New Materials, Sanhe Tree, and Huaxin Cement, all rated as "Buy" or "Increase" [6]. Industry Trends - The report notes a significant increase in market share for consumer building materials over the past few years, with profitability in segments like waterproofing and piping at a low point, suggesting potential for recovery [9][8]. - The cement sector is expected to see a gradual recovery in profitability, with a current national cement market price decrease of 1% and a notable drop in average shipment rates [36][9]. - The float glass sector is experiencing a supply-side adjustment, with production capacity at a five-year low, indicating potential for price recovery [9][8]. Emerging Opportunities - The report highlights opportunities in overseas markets, particularly in Africa, Central Asia, and Southeast Asia, where rising populations and urbanization rates are creating demand for building materials [9][8]. - The electronic fabric market is also noted for its upward price trend due to supply constraints, with significant price increases observed in recent weeks [9][8]. Conclusion - The building materials industry is positioned for a recovery phase, driven by stabilization in the real estate market and rising raw material prices. The report emphasizes the importance of focusing on companies with strong pricing power and market positioning to capitalize on these trends [9][8].

Core Insights - The report indicates that the price of ordinary electronic cloth has exceeded expectations, with significant price increases observed in recent months, suggesting a sustained high demand in the market [12][13] - Shanghai's initiative to purchase second-hand homes for rental purposes is expected to boost the supply of rental housing and stimulate the construction materials market [13][14] - The construction materials industry is currently at a historical valuation low, with potential for recovery as demand stabilizes and supply-side improvements take effect [23][25] Group 1: Price Trends and Market Dynamics - The price of ordinary electronic cloth has seen cumulative increases of 1-1.2 RMB/m due to supply-demand imbalances and rising copper prices, indicating a long-term bullish trend [12] - The Shanghai government has launched a program to acquire second-hand homes for rental purposes, focusing on small-sized units, which is anticipated to enhance the supply of rental properties and invigorate the construction materials sector [13] - Recent data shows a recovery in second-hand home transactions, with significant year-on-year increases, suggesting a potential rebound in the real estate market [14][15] Group 2: Industry Fundamentals and Company Performance - The construction materials sector is experiencing a bottoming out phase, with various sub-sectors like cement and fiberglass showing signs of recovery, supported by supply-side adjustments and improved market conditions [23][25] - The report highlights that leading companies in the consumer building materials segment are demonstrating resilience, with improved revenue growth rates compared to the overall market, indicating strong operational capabilities [29] - Cement prices have recently decreased by 1%, but the overall market is expected to stabilize as companies implement price control measures and benefit from lower coal costs [25][26] Group 3: Investment Opportunities - The report suggests focusing on leading companies in the consumer building materials sector, such as Three Trees, Rabbit Baby, and Oriental Yuhong, which are well-positioned to benefit from the ongoing market recovery [23][25] - In the cement industry, companies like Huaxin Cement and Conch Cement are highlighted as potential investment opportunities due to their strong market positions and historical performance [25][26] - The fiberglass sector is also noted for its growth potential, with leading firms like China Jushi and Zhongtai Technology expected to capitalize on increasing demand for high-end electronic cloth [26][28]

Group 1 - The real estate and building materials sectors are experiencing repeated activity, with companies such as Jingtou Development and Hanjian Heshan achieving three consecutive trading limits [1] - Other companies including Tubao, Jianlang Hardware, Sankeshu, Chengtou Holdings, Jintou Chengkai, and China Wuyi are also seeing upward trends [1]

Core Insights - The renovation and building materials sector experienced a significant increase of 3.6% on February 4, with Jianlang Hardware leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] Sector Performance - Jianlang Hardware (002791) saw a closing price of 25.70, with a rise of 10.02% and a trading volume of 166,500 shares, amounting to a transaction value of 410 million yuan [1] - Keshun Co., Ltd. (300737) closed at 7.55, up 8.63%, with a trading volume of 725,400 shares and a transaction value of 531 million yuan [1] - Dongfang Yuhong (002271) closed at 18.26, increasing by 6.97%, with a trading volume of 795,100 shares and a transaction value of 1.427 billion yuan [1] - Other notable performers included Tubaobao (002043) with a 5.67% increase and Beixin Building Materials (000786) with a 5.61% increase [1] Capital Flow - The renovation and building materials sector saw a net inflow of 203 million yuan from institutional investors, while retail investors experienced a net outflow of 1.44 billion yuan [2] - The main capital inflow was observed in Dongfang Yuhong, with a net inflow of 129 million yuan, representing 9.07% of the total [3] - Beixin Building Materials had a net inflow of 119 million yuan, accounting for 7.70% of the total, while Keshun Co., Ltd. had a net inflow of 66.34 million yuan, representing 12.49% [3]

证券日报网讯 2月2日，坚朗五金在互动平台回答投资者提问时表示，截至2026年1月30日，公司股东数 量为30900户。 （文章来源：证券日报） ...