Core Viewpoint - International Composites (301526) shows a mixed performance in terms of stock price and fund flow, with a recent closing price of 9.83 yuan, reflecting a 0.82% increase on February 10, 2026 [1] Fund Flow Summary - On February 10, 2026, the main funds experienced a net outflow of 15.86 million yuan, accounting for 0.87% of the total transaction amount, while retail investors saw a net inflow of 7.05 million yuan, representing 0.39% of the total [1][2] - Over the past five days, the stock has seen significant fluctuations, with a peak net inflow of 139 million yuan on February 9, 2026, and a notable net outflow of 102 million yuan on February 6, 2026 [2] Company Performance Metrics - As of the latest report, International Composites has a total market value of 37.068 billion yuan, ranking 5th in the glass fiber industry, with a net asset of 9.248 billion yuan and a net profit of 273 million yuan [3] - The company reported a year-on-year revenue increase of 19.01% for the first three quarters of 2025, with a net profit growth of 273.53% [3] - The gross margin stands at 17.67%, which is below the industry average of 20.91%, while the net profit margin is 5.25%, higher than the industry average of 3.87% [3] Industry Ranking - International Composites ranks 11th in price-to-earnings ratio (P/E) at 101.87 and 13th in price-to-book ratio (P/B) at 4.51 within the glass fiber industry [3]

国际复材涨2.97%，报10.04元/股，股价再创新高，总市值突破378.59亿元，成交额达7.25亿元。（AI生 成） ...

重庆国际复合材料股份有限公司 2026 年公告 重庆国际复合材料股份有限公司（以下简称"公司"）于 2025 年 3 月 26 日 召开第三届董事会第七次会议、第三届监事会第五次会议，并于 2025 年 4 月 25 日召开 2024 年年度股东大会审议通过了《关于为全资、控股子公司提供 2025 年度对外担保额度预计的议案》，同意公司为合并报表范围内的全资子公司 CPIC Brasil Fibras de Vidro Ltda.（以下简称"巴西公司"）申请综合授信（包括但不限 于办理人民币或外币流动资金贷款、项目贷款、贸易融资、银行承兑汇票、信用 证、保函、票据贴现、保理、融资租赁、出口押汇、外汇远期结售汇以及衍生产 品等相关业务）以及其他日常经营需要（包括但不限于履约担保、产品质量担保） 等提供担保，提供担保的形式包括但不限于信用担保（含一般保证、连带责任保 证等）、抵押担保、质押担保或多种担保方式相结合等形式，预计担保额度不超 过 41,000.00 万元人民币或等值外币。 具体内容详见公司 2025 年 3 月 27 日在巨潮资讯网（http://www.cninfo.com.cn） 刊登的《重庆国际 ...

资料显示，重庆国际复合材料股份有限公司位于重庆市大渡口区建桥工业园B区，成立日期1991年8月 27日，上市日期2023年12月26日，公司主营业务涉及玻璃纤维及其制品研发、生产、销售。主营业务收 入构成为：玻璃纤维及制品97.51%，其他2.49%。 2月9日，国际复材涨5.32%，截至发稿，报9.51元/股，成交8.43亿元，换手率6.43%，总市值358.61亿 元。 从基金十大重仓股角度 数据显示，华夏基金旗下1只基金重仓国际复材。华夏新材料龙头混合发起式A（017697）四季度持有 股数54.98万股，占基金净值比例为7.15%，位居第五大重仓股。根据测算，今日浮盈赚取约26.39万 元。 华夏新材料龙头混合发起式A（017697）成立日期2023年2月14日，最新规模1623.53万。今年以来收益 7.2%，同类排名1704/8994；近一年收益31.53%，同类排名3394/8194；成立以来亏损4.46%。 华夏新材料龙头混合发起式A（017697）基金经理为彭锐哲。 截至发稿，彭锐哲累计任职时间2年362天，现任基金资产总规模5382.13万元，任职期间最佳基金回报 1.31%， 任职期间最 ...

国际复材融资融券信息显示，融资方面，当日融资买入1.06亿元，融资偿还1.1亿元，融资净偿还457.53 万元。融券方面，融券卖出8800.0股，融券偿还8.2万股，融券余量35.74万股，融券余额322.73万元。融 资融券余额4.84亿元。 近5日融资融券数据一览见下表： 该股主要指标及行业内排名如下： 证券之星消息，截至2026年2月6日收盘，国际复材(301526)报收于9.03元，下跌3.94%，换手率 10.86%，成交量152.56万手，成交额14.09亿元。 2月6日的资金流向数据方面，主力资金净流出1.02亿元，占总成交额7.26%，游资资金净流入3522.77万 元，占总成交额2.5%，散户资金净流入6708.34万元，占总成交额4.76%。 近5日资金流向一览见下表： 国际复材2025年三季报显示，前三季度公司主营收入64.13亿元，同比上升19.01%；归母净利润2.73亿 元，同比上升273.53%；扣非净利润2.48亿元，同比上升214.27%；其中2025年第三季度，公司单季度主 营收入22.6亿元，同比上升18.3%；单季度归母净利润4162.61万元，同比上升167.66%； ...

Core Viewpoints - The traditional building materials sector is expected to bottom out and recover due to a combination of factors such as the slowdown in new real estate demand and the gradual release of stock renovation demand, with consumer building materials benefiting significantly [4] - The special fiberglass electronic cloth sector is experiencing high demand due to the explosion of computing power needs, and companies with outstanding technical advantages and production capacity reserves are favored [4] - Infrastructure investment opportunities are promising, particularly in sectors related to urban renewal and underground pipeline construction [4] Cement Sector - Cement demand is expected to stabilize as confidence in the housing market strengthens, with a potential bottoming out of demand [26][29] - The production of cement is declining due to weak demand from the real estate sector, with a forecasted production volume of 1.693 billion tons in 2025, down 6.9% year-on-year [29] - The average price of cement is recovering due to industry self-discipline and effective supply control, with policies aimed at eliminating backward production capacity expected to accelerate this trend [33] Fiberglass Sector - The fiberglass sector is expanding its application fields, with strong demand for electronic fiberglass cloth driven by the growth of computing power needs [36][41] - The apparent consumption of fiberglass in China has increased from 187,000 tons in 2012 to 624,000 tons in 2023, with a compound annual growth rate of 11.56% [40] - The demand for high-performance computing and AI applications is significantly increasing, leading to a structural change in demand for fiberglass materials [44] Glass Sector - The demand for flat glass is under pressure due to a decline in housing completion areas, with consumption levels expected to continue decreasing [51] - The glass industry is facing high inventory levels, with total inventory reaching 58.227 million weight boxes as of December 11, 2025, indicating a need for supply-side adjustments [51] - The photovoltaic glass sector is experiencing growth, but overall glass prices are under pressure due to capacity expansion and declining demand [51] Consumer Building Materials - The consumer building materials sector is seeing a release of stock demand, with policies aimed at stabilizing the housing market expected to support sales and completion rates [62] - The renovation demand is anticipated to recover as macroeconomic policies stimulate consumption, with a significant portion of demand coming from homes built 10-15 years ago [66] - The urban renewal initiatives and the establishment of a housing pension system are expected to further boost demand for consumer building materials [66] Recommended Investment Targets - Companies such as Rabbit Baby (兔宝宝, 002043) and Beixin Building Materials (北新建材, 000786) are highlighted for their strong market positions and competitive advantages in the consumer building materials sector [4][103] - International Composites (国际复材, 301526) is recommended for its strong performance in the special fiberglass cloth sector [4] - Companies like Jinjing Technology (金晶科技, 600586) and Puhua Co., Ltd. (濮耐股份, 002225) are noted for their promising second growth curves in TCO glass and high-activity magnesium oxide businesses, respectively [4]

Investment Rating - The report rates the fiberglass industry as "Overweight" indicating a positive outlook for the sector [2][18]. Core Insights - The price of fiberglass fabric 7628 has increased significantly, with Linzhou Guangyuan and International Composites raising prices by 0.65 CNY/m and 0.55 CNY/m respectively, bringing the prices to 5.5 CNY/m and 5.2 CNY/m [4]. - The demand for integrated circuit boards in China has shown robust growth, with a record production of 48.1 billion units in December 2025, marking a historical high [4]. - Supply constraints are evident due to rising platinum and rhodium prices, which have increased the capital expenditure requirements for production, thereby slowing down capacity expansion [4]. - Major companies like China Jushi are expected to benefit from the price increases, with projected production capacities for 2026 being 1.1 billion meters for China Jushi, 600 million meters for China National Building Material, and others [4]. - Ibiden announced a capital expenditure of 500 billion JPY (approximately 3.2 billion USD) over three years to increase production capacity for IC substrates, which will positively impact the demand for Low CTE fabrics [4]. - The report suggests focusing on companies like China Jushi, International Composites, and China National Building Material due to their favorable positions in the market [4]. Summary by Sections Price Trends - The report highlights a continuous increase in prices for electronic yarn and fabric throughout 2026, indicating a strong market recovery [5]. Production Capacity - Domestic electronic yarn production capacity is entering a phase of declining growth, which may impact supply dynamics in the future [6]. Company Valuations - The report provides a valuation table for key companies in the construction materials sector, with China Jushi rated as "Buy" at a price of 21.76 CNY and a market cap of 87.11 billion CNY [13].

此外，会议还通过《关于制定 <市值管理制度> 的议案》。(王珞) 2月5日，国际复材（301526）发布公告，公司于当日召开第三届董事会第十三次会议，以现场结合通讯 方式举行，9名董事全部出席(其中6人通讯参会)，会议程序符合《中华人民共和国公司法》及《公司章 程》规定。经全体董事表决，同意选举莫秋实担任公司第三届董事会董事长，同步出任董事会战略委员 会主任委员、提名委员会委员，公司法定代表人相应变更为莫秋实，任期均至本届董事会届满，相关工 商变更手续将由董事会办公室办理。 ...

证券之星消息，截至2026年2月5日收盘，国际复材(301526)报收于9.4元，下跌3.69%，换手率11.74%， 成交量164.83万手，成交额15.69亿元。 2月5日的资金流向数据方面，主力资金净流出9153.49万元，占总成交额5.83%，游资资金净流入 6083.28万元，占总成交额3.88%，散户资金净流入3070.22万元，占总成交额1.96%。 近5日资金流向一览见下表： 该股主要指标及行业内排名如下： 国际复材2025年三季报显示，前三季度公司主营收入64.13亿元，同比上升19.01%；归母净利润2.73亿 元，同比上升273.53%；扣非净利润2.48亿元，同比上升214.27%；其中2025年第三季度，公司单季度主 营收入22.6亿元，同比上升18.3%；单季度归母净利润4162.61万元，同比上升167.66%；单季度扣非净 利润3381.11万元，同比上升150.1%；负债率57.54%，投资收益-930.97万元，财务费用8695.45万元，毛 利率17.67%。国际复材（301526）主营业务：玻璃纤维及其制品研发、生产、销售。 资金流向名词解释：指通过价格变化反推资金流向 ...

证券日报网讯 2月5日，国际复材发布公告称，公司于2026年2月5日召开第三届董事会第十三次会议， 审议通过了《关于选举公司第三届董事会董事长的议案》《关于选举董事会专门委员会委员的议案》， 选举莫秋实先生为公司董事长，选举莫秋实先生为公司董事会战略委员会主任委员及委员、提名委员会 委员。 （编辑 任世碧） ...