Group 1 - The renovation and building materials sector experienced a slight decline, closing at 14,604.89 points with a drop of 0.74% [1] - Individual stocks within the sector showed varying degrees of decline, with Jingxue Energy leading the drop at 21.22 CNY per share, down 3.81% [1] - Songlin Technology and *ST Situ also saw declines, closing at 27.92 CNY per share (down 2.95%) and 6.29 CNY per share (down 2.78%) respectively [1] Group 2 - Conversely, Kangxin New Materials led the gains in the sector, closing at 2.57 CNY per share with an increase of 4.05% [1] - Qisheng Technology and Mona Lisa also reported gains, closing at 14.73 CNY per share (up 3.73%) and 10.43 CNY per share (up 3.37%) respectively [1] Group 3 - According to a report by EIU Think Tank, the transaction volume in China's technology market is steadily increasing, with a projected contract transaction volume of 6.8 trillion CNY in 2024, reflecting a year-on-year growth of approximately 11.2% [1] - The robust development of the technology market is providing a stable foundation for the growth of the whole-house smart industry in China, with higher technological maturity driving market prosperity and diversification [1]

Core Viewpoint - The renovation and building materials sector experienced a slight increase, closing at 14,713.08 points with a growth rate of 0.25%, driven by several stocks in the sector showing positive performance [1] Company Performance - Mona Lisa closed at 10.09 CNY per share, leading the sector with a growth rate of 10.03% [1] - Three Trees closed at 44.00 CNY per share, with a growth rate of 8.06%, ranking second in the sector [1] - Qu Mei Home closed at 5.06 CNY per share, achieving a growth rate of 6.53%, ranking third [1] - Hengshang Energy closed at 15.65 CNY per share, leading the decline with a drop of 5.04% [1] - Zhongyuan Home closed at 15.20 CNY per share, with a decline of 2.00%, ranking second in losses [1] - Yangzi New Materials closed at 4.08 CNY per share, with a decline of 1.92%, ranking third in losses [1] Industry Insights - Dongwu Securities released a report indicating that while the slope of the real estate chain is slowing, the overall direction remains unchanged, with the clearing of the real estate chain nearing completion [1] - The supply structure has significantly improved, and demand is expected to stabilize in 2025 with low growth expectations for companies, indicating a higher probability of success for the sector [1] - The furniture consumption accelerated significantly in March due to the old-for-new subsidy, and a noticeable acceleration in home decoration is anticipated in Q3 [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 834765 | 美之尚 | 17.21 | -3.75% | 3.45万 | 5988.67万 | | 873132 | 泰鵬智能 | 23.10 | -3.43% | 8301.47 | 1938.33万 | | 003011 | 海象新材 | 21.41 | -2.24% | 2.81万 | 6055.92万 | | 603709 | 中源家居 | 15.20 | -2.00% | 1 2.39万 | 3657.47万 | | 603216 | 梦大家居 | 13.95 | -1.90% | 14.83万 | 2.04亿 | | 001211 | 双枪科技 | 24.67 | -1.75% | 1.58万 | 3927.54万 | | 603021 | ST华鹏 | 3.70 | -1.60% | 5.14万 | 1911.89万 | | 603888 | 好莱客 | 11.30 | -1.40% | 3.06万 | 3466.46万 | | ...

金融界消息 截至2025年8月13日收盘，蒙娜丽莎（002918）报收于10.09元，上涨10.03%，换手率 11.34%，成交量24.89万手，成交金额2.44亿元。 资金流向方面，今日主力资金净流入5033.39万元，占比成交额20.63%。其中，超大单净流入4606.13万 元、占成交额18.88%，大单净流入427.26万元、占成交额1.75%，中单净流出流出1297.36万元、占成交 额5.32%，小单净流出3736.03万元、占成交额15.31%。 天眼查商业履历信息显示，蒙娜丽莎集团股份有限公司，成立于1998年，位于佛山市，是一家以从事非 金属矿物制品业为主的企业。企业注册资本41517.9242万人民币，实缴资本10219万人民币。公司法定 代表人为萧礼标。 通过天眼查大数据分析，蒙娜丽莎集团股份有限公司共对外投资了13家企业，参与招投标项目449次， 知识产权方面有商标信息2180条，专利信息1751条，此外企业还拥有行政许可95个。 来源：金融界 蒙娜丽莎最新一期业绩显示，截至2025一季报，公司营业总收入6.86亿元、同比减少16.12%，归属净利 润5928.14万元，同比减少71 ...

Group 1 - The renovation and building materials sector experienced a slight increase, closing at 14,683.21 points with a growth rate of 0.04% [1] - Several stocks in the renovation and building materials sector saw price increases, with Mona Lisa leading at 9.81 CNY per share, up 6.98% [1] - Other notable performers included Sankeshu at 42.85 CNY per share, up 5.23%, and Senying Windows at 33.12 CNY per share, up 3.82% [1] Group 2 - Conversely, Weixing New Materials led the decline at 10.79 CNY per share, down 2.18% [1] - Qisheng Technology and Zhongyuan Home also experienced declines, closing at 14.10 CNY per share, down 2.08%, and 15.25 CNY per share, down 1.68%, respectively [1] - According to a report from Caitong Securities, national subsidies are expected to boost renovation demand, partly due to previously accumulated improvement renovation needs [1]

Core Points - Mona Lisa Group Co., Ltd. will pay the fourth-year interest on its convertible bonds, "Mona Convertible Bonds," on August 18, 2025, at a rate of 15.00 CNY per 10 bonds, which includes tax [1][4] - The coupon rates for the "Mona Convertible Bonds" are structured to increase over the years, starting from 0.30% in the first year to 2.00% in the sixth year [1][2] - The total issuance of the convertible bonds was 11.6893 million bonds, with a total value of 1.16893 billion CNY, approved by the China Securities Regulatory Commission [1][2] Bond Payment Details - The interest payment period for the current year is from August 16, 2024, to August 15, 2025, with a coupon rate of 1.50% for this period [3][4] - The interest calculation formula is defined as I = B × i, where I is the annual interest, B is the total face value of the bonds held, and i is the coupon rate for the year [2][3] - The payment of interest will be made through the China Securities Depository and Clearing Corporation Limited, which will distribute the funds to the designated securities firms [5] Taxation Information - Individual bondholders are subject to a 20% withholding tax on the interest income, which will be deducted by the payment agency [4][5] - Qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax and value-added tax on the interest income from these bonds [5][6] - Other bondholders are responsible for paying their own tax on the interest income [6]

1、"蒙娜转债"将于 2025 年 8 月 18 日按面值支付第四年利息，每 10 张"蒙娜转债" （合计面值 1,000.00 元）利息为 15.00 元（含税）。 2、债权登记日：2025 年 8 月 15 日（星期五）。 | 证券代码：002918 | 证券简称：蒙娜丽莎 | 公告编号：2025-052 | | --- | --- | --- | | 债券代码：127044 | 债券简称：蒙娜转债 | | 蒙娜丽莎集团股份有限公司 关于蒙娜转债 2025 年付息的公告 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。 特别提示： 3、除息日：2025 年 8 月 18 日（星期一）。 4、付息日：2025 年 8 月 18 日（星期一）。 5、"蒙娜转债"票面利率：第一年 0.30%、第二年 0.50%、第三年 1.00%、第四年 1.50%、 第五年 1.80%、第六年 2.00%。 6、"蒙娜转债"本次付息的债权登记日为 2025 年 8 月 15 日，凡在 2025 年 8 月 15 日（含）前买入并持有本期债券的投资者享有本次派发的利息；2025 ...

3、本次第一大股东变更事项不会对公司治理结构及持续经营产生重大影响。 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。 特别提示： 1、本次第一大股东变更系北京新兴东方航空装备股份有限公司（以下简称"公司"）持股5%以上股东戴 岳先生按预披露计划实施减持所致。 2、截至2025年8月4日，戴岳先生及其一致行动人郝萌乔女士、王苹女士、戴小林女士合计持有公司股 份23,519,785股，占公司总股本比例为20.04%；长安汇通集团有限责任公司（以下简称"长安汇通"）持 有公司股份24,153,300股，占公司总股本比例为20.58%，被动成为公司第一大股东。本次第一大股东变 更事项不会导致公司控股股东、实际控制人发生变化。 北京新兴东方航空装备股份有限公司董事会 一、公司第一大股东变更情况 根据中国证券登记结算有限责任公司下发的《持股5%以上股东每日持股变化名单》《持股5%以上股东 每日持股变化明细》，公司持股5%以上股东戴岳先生自2025年6月11日披露减持计划之后，于2025年8 月4日通过大宗交易方式合计减持公 ...

Investment Rating - The report maintains an "Accumulate" rating for the construction materials industry [1] Core Views - The construction materials sector is experiencing weak demand, with the PMI showing a decline. The market is awaiting new policies to stimulate demand [4] - The report highlights that the cement market is facing challenges due to adverse weather conditions, leading to a low average shipment rate of less than 45% in key regions. However, the overall price decline has slowed down, indicating potential stabilization in the near term [11][18] - The report suggests that the supply-side consensus on self-discipline within the industry is strengthening, which may lead to better profitability compared to the previous year [11] - The report recommends focusing on cyclical industries that may benefit from policy support, particularly in cement and glass sectors, and highlights specific companies such as Huaxin Cement, Conch Cement, and others as potential investment opportunities [4][11] Summary by Sections 1. Industry Trends - The construction materials sector has seen a decline of 2.31% in the past week, underperforming against the Shanghai Composite Index [4] - The report notes that the cement price is currently at 339.7 RMB/ton, down 1.0 RMB/ton from the previous week and down 42.5 RMB/ton year-on-year [19][20] 2. Bulk Construction Materials Fundamentals and High-Frequency Data 2.1 Cement - The average cement shipment rate is reported at 44.7%, with a slight increase of 1.7 percentage points from the previous week, but a decrease of 2.0 percentage points year-on-year [26] - The report anticipates that cement prices will stabilize in the short term, despite current weak demand [11][18] 2.2 Glass - The average price of float glass is reported at 1295.3 RMB/ton, which is an increase of 56.7 RMB/ton from the previous week but a decrease of 175.7 RMB/ton year-on-year [4] - The report indicates that the glass industry is expected to see a supply-side contraction, which may improve the supply-demand balance in the short to medium term [14] 2.3 Fiberglass - The report highlights that the market for electronic fiberglass products is evolving, with a clear trend towards high-end products, which are expected to see increased penetration and value growth [12] - The profitability of ordinary fiberglass remains resilient, with ongoing demand in sectors like wind power and thermoplastics [12] 3. Industry Dynamics Tracking - The report discusses the impact of government policies aimed at stimulating domestic demand, particularly in the housing market, which is expected to improve the outlook for construction materials [15] - The report emphasizes the importance of companies that are exploring new business models and enhancing their supply chain efficiency [15]

Investment Rating - The report suggests a positive outlook on Sichuan Road and Bridge as a leading player in Southwest infrastructure, highlighting its current combination of regional infrastructure growth and dividend yield [3][15]. Core Insights - The report emphasizes the importance of local manufacturing in Africa, particularly for companies like Keda Manufacturing, which is positioned as a leader in localized production and sales [4][16]. - The report notes a price increase in RTF copper foil, indicating a high demand for HVLP products, and suggests continued investment in copper foil and electronic cloth sectors [5][17]. - The report tracks the performance of various materials, indicating a downward trend in cement prices and a mixed outlook for glass and fiberglass markets [6][18][22]. Summary by Sections Weekly Discussion - Sichuan Road and Bridge is highlighted for its strong position in Southwest infrastructure, with a reported investment of 134.9 billion yuan in transportation construction, ranking second nationally and showing a 3.5% increase year-on-year [3][15]. Cyclical Linkage - Cement prices averaged 340 yuan per ton, down 43 yuan year-on-year, with an average shipment rate of 44.7% [6][18]. - Glass prices increased to 1295.28 yuan per ton, reflecting a 4.58% rise, while concrete mixing stations reported a capacity utilization rate of 7.12% [6][18]. - The report warns of potential price declines in steel due to market fundamentals [6][18]. National Subsidy Tracking - The report mentions the allocation of 690 billion yuan for consumer goods replacement subsidies, with plans for further funding in October [7][19]. Important Changes - Notable acquisitions include Defu Technology's purchase of Circuit Foil Luxembourg for 174 million euros and the listing of Hanhai Group on the A-share market [8][20][21]. Market Performance - The construction materials index fell by 3.96% over the week, with specific declines in glass manufacturing and fiberglass sectors [24]. Material Price Changes - Cement prices continued to decline, with a national average of 340 yuan per ton, while glass prices showed a slight increase [32][41]. - Fiberglass prices remained under pressure, with a reported average of 3595.25 yuan per ton [66].