证券代码：002791 证券简称：坚朗五金 公告编号：2025-069 广东坚朗五金制品股份有限公司 关于子公司获得发明专利证书的公告 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。 近日，广东坚朗五金制品股份有限公司(以下简称"公司")全资 子公司广东坚宜佳五金制品有限公司（以下简称"坚宜佳"）获得中 华人民共和国国家知识产权局颁发的发明专利证书，具体情况如下： | | | 注：发明专利的专利权期限自申请日起二十年。 "拉索及其制作方法"此方案很好的保证了外层钢丝的装饰性、 耐久性及稳定性，具有广泛的使用场景。本发明涉及一种拉索及其制 作方法。该拉索包括索体和锚具，索体包括内金属丝层和外金属丝层， 索体分为主体段和锚固段，锚固段的外金属丝层短于内金属丝层；锚 具的第一端形成有过索孔，锚具的第二端形成有连接孔；索体的主体 段位于锚具的外部，索体的锚固段位于连接孔内，锚固段和连接孔之 间的空间填充有填料。本申请的拉索通过使锚固段的外金属丝层短于 内金属丝层，这样，可使得外金属丝层锚固后握裹力相对于内金属丝 层较少，在拉索整体受力时，外金属丝层不松散，在轴向受力时 ...

Core Viewpoint - The company, Jianlang Hardware, has recently received a patent certificate from the National Intellectual Property Administration for an invention titled "Cable and its Manufacturing Method" [1] Company Summary - Jianlang Hardware announced the receipt of a new patent, which may enhance its competitive edge in the hardware industry [1]

Industry Investment Rating - The investment rating for the construction materials industry is "Outperform the Market" and is maintained [1] Core Views - The construction materials industry is currently at a cyclical bottom in terms of profitability, with leading companies in various segments performing in line with expectations. For instance, China Jushi in the fiberglass sector has seen a significant year-on-year improvement in profitability, while companies like Rabbit Baby have also reported substantial profit improvements due to investment income. Other leading companies such as Oriental Yuhong, Beixin Building Materials, Qibin Group, and Jianlang Hardware are also showing signs of bottoming out in their fundamentals. It is anticipated that stock prices may break out of the bottom range under the influence of policy catalysts and market style shifts [4][5] Summary by Relevant Sections Cement - Demand for cement has shown a slight month-on-month improvement, primarily due to infrastructure projects and better weather conditions, although year-on-year demand remains down. The overall demand is still in a weak recovery phase, influenced by weather disruptions and the pace of demand release. In September 2025, the monthly cement production was 154 million tons, down 8.6% year-on-year [5][10] Glass - The glass industry is experiencing a continuous decline in demand due to the impact of real estate. Short-term demand during the traditional peak season has shown limited improvement, and inventory levels among intermediaries remain relatively high. The supply-demand imbalance persists, with limited improvement in downstream terminal demand. The industry is expected to face increased environmental requirements and costs, accelerating the pace of cold repairs [5][17] Fiberglass - The fiberglass sector is witnessing a price recovery, with price increases of 5%-10% reported. The demand for electronic yarns is driven by the AI industry, leading to a significant increase in both volume and price. The demand is expected to continue growing alongside AI developments [6] Consumer Building Materials - The profitability of the consumer building materials sector has reached a bottom, with prices having no further downward space after years of competition. The sector is strongly advocating for price increases and profitability improvements, with several categories like waterproofing, coatings, and gypsum boards issuing price increase notices this year. A recovery in profitability is anticipated for leading companies in the second half of the year [6] Recent Company Announcements - Conch Cement reported Q3 revenue of 20 billion yuan, down 11.4% year-on-year, but net profit increased by 3.4% year-on-year to 1.94 billion yuan, benefiting from cost reductions and improved gross margins. Q3 revenue for Qibin Group was 4.39 billion yuan, up 18.9% year-on-year, with a net profit of 20 million yuan, marking a return to profitability [19][20][22]

Market Overview - The renovation and building materials sector increased by 0.87% compared to the previous trading day, with Jianlang Hardware leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Key Stocks Performance - Jianlang Hardware (002791) closed at 22.70, up 5.53% with a trading volume of 157,900 shares and a transaction value of 357 million yuan [1] - Zhongqi New Materials (001212) closed at 49.81, up 5.13% with a trading volume of 70,100 shares and a transaction value of 349 million yuan [1] - Youbang Ceiling (002718) closed at 25.14, up 3.24% with a trading volume of 19,400 shares and a transaction value of 47.95 million yuan [1] - Other notable performers include Tu Baobao (002043) up 2.77% and Beijing Lier (002392) up 2.75% [1] Capital Flow Analysis - The renovation and building materials sector saw a net inflow of 38.71 million yuan from institutional investors, while retail investors experienced a net outflow of 42.53 million yuan [2] - Major stocks like Beijing Lier (002392) had a net inflow of 33.61 million yuan from institutional investors, indicating strong institutional interest [3] - Zhongqi New Materials (001212) also attracted 20.08 million yuan from institutional investors, despite a net outflow from retail investors [3]

Core Points - The Shanghai Composite Index is at 3966.25 points, above the six-month moving average, with a decline of 0.52% [1] - A total of 257 A-shares have surpassed the six-month moving average today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The total trading volume of A-shares today is 115.87 billion yuan [1] - Stocks with the highest deviation rates include: - Yatong Precision Engineering: 8.41% deviation, closing at 25.23 yuan, with a daily increase of 9.98% and a turnover rate of 27.37% [1] - Aorui Technology: 6.91% deviation, closing at 3.56 yuan, with a daily increase of 9.88% and a turnover rate of 8.56% [1] - Zhuoyue New Energy: 6.42% deviation, closing at 48.54 yuan, with a daily increase of 8.71% and a turnover rate of 1.83% [1] Additional Notable Stocks - Other stocks with significant performance include: - Hualan Group: 5.49% deviation, closing at 17.75 yuan, with a daily increase of 7.58% [1] - Wento Holdings: 5.09% deviation, closing at 2.59 yuan, with a daily increase of 5.71% [1] - Stocks with smaller deviation rates that just crossed the six-month line include Southeast Electronics, Meixin Yishen, and Renfu Pharmaceutical [1]

Core Viewpoint - Jianlang Hardware (002791.SZ) reported its Q3 2025 results, indicating a decrease in institutional ownership and a slight increase in foreign investment [1] Institutional Ownership - As of October 30, 2025, five institutional investors disclosed holdings in Jianlang Hardware, totaling 15.4275 million shares, which represents 4.36% of the company's total share capital [1] - The institutional ownership decreased by 1.04 percentage points compared to the previous quarter [1] Public Fund Activity - A total of 58 public funds were reported this period, including notable funds such as Southern CSI 1000 ETF, Huashang Selected Return Mixed A, and others [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.36% compared to the previous period [1]

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company's operating revenue for the first three quarters was 4.297 billion yuan, representing a year-on-year decrease of 12.50% [1] - The net profit attributable to shareholders of the listed company was 16.5603 million yuan, down 49.61% year-on-year [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 2.6264 million yuan [1] - Basic earnings per share were reported at 0.05 yuan [1]

（文章来源：证券日报） 证券日报网讯 10月30日晚间，坚朗五金发布公告称，公司2025年前三季度计提各项资产减值准备合计 14，954.98万元，核销资产8，074.12万元，减少公司2025年前三季度利润总额14，954.98万元，并相应 减少归属于母公司的所有者权益。 ...

Core Viewpoint - Jianlang Hardware is a leading enterprise in the domestic construction hardware industry, focusing on the R&D, production, and sales of mid-to-high-end building door and window hardware systems and metal components, with a full industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Jianlang Hardware achieved a revenue of 4.297 billion yuan, ranking third among 17 companies in the industry, with the top company, Beixin Building Materials, generating 19.905 billion yuan [2] - The main business composition includes door and window hardware systems generating 1.143 billion yuan, accounting for 41.47% of total revenue, and other building hardware products generating 435 million yuan, accounting for 15.79% [2] - The net profit for the same period was 7.9561 million yuan, ranking twelfth in the industry, with the top company achieving a net profit of 2.655 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, the company's asset-liability ratio was 38.68%, down from 41.56% year-on-year but still above the industry average of 34.66%, indicating some pressure on debt repayment capability [3] - The gross profit margin for Q3 2025 was 30.28%, slightly down from 31.30% year-on-year, but significantly higher than the industry average of 19.88%, reflecting strong profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 4.44% to 31,500, while the average number of circulating A-shares held per shareholder increased by 4.65% to 6,070.53 [5] - The fifth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 3.7289 million shares, an increase of 1.2779 million shares from the previous period [5] Group 4: Market Outlook - Dongwu Securities noted that the company's performance in the first half of 2025 was under pressure, with domestic market revenue declining but overseas market revenue growing by 30.75% to 477 million yuan [5] - Longjiang Securities indicated that the revenue from door and window products was affected by a decline in construction completions, while overseas market revenue was approximately 480 million yuan, up 31% [5]

Core Insights - The company reported a decline in revenue and profit for the first three quarters of 2025, with total revenue at 4.297 billion yuan, down 12.50% year-on-year, and net profit attributable to shareholders at 16.56 million yuan, down 49.61% year-on-year [1][2]. Financial Performance - The basic earnings per share for the reporting period was 0.05 yuan, with a weighted average return on equity of 0.30% [2]. - The gross margin for the first three quarters was 30.28%, a decrease of 1.02 percentage points year-on-year, while the net margin was 0.19%, down 0.91 percentage points from the previous year [2]. - In Q3 2025, the gross margin was 30.12%, down 1.09 percentage points year-on-year and down 0.11 percentage points quarter-on-quarter, while the net margin improved to 2.67%, up 0.29 percentage points year-on-year and up 1.86 percentage points quarter-on-quarter [2]. Expense Management - Total operating expenses for Q3 2025 were 1.149 billion yuan, a decrease of 196 million yuan year-on-year, with an expense ratio of 26.74%, down 0.64 percentage points year-on-year [2]. - Breakdown of expense reductions included sales expenses down 15.92%, management expenses down 10.72%, R&D expenses down 14.83%, and financial expenses down 12.10% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 31,500, a decrease of 2,768 or 8.08% from the end of the previous half [2]. - The average market value per shareholder increased from 220,900 yuan to 244,100 yuan, reflecting a growth of 10.46% [2]. Company Overview - Guangdong Jianlang Hardware Products Co., Ltd. specializes in the R&D, production, and sales of mid-to-high-end building hardware systems and related products [3]. - The main revenue sources include window and door hardware systems (41.47%), other building hardware products (15.79%), and home products (15.49%) [3]. - The company is categorized under the building materials industry, specifically in the renovation materials sector [3].