ORIENTAL YUHONG(SZ:002271) Zhong Guo Xin Wen Wang·2026-01-01 12:18Core Insights - The core message emphasizes the resilience and strategic determination of the company, Oriental Yuhong, in navigating a challenging market environment in 2025, showcasing a commitment to practical efforts and hard work [2][4]. Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 20.601 billion yuan, with a year-on-year growth of 8.51% in the third quarter, despite a 3.75% decline in the national building materials market [2]. - The operating cash flow increased significantly by 184.56%, indicating a strong financial position [2]. Green and Digital Transformation - The company has made significant strides in green and digital transformation, obtaining the first domestic "green building materials certification" and "product carbon footprint certification" in July 2025 [3]. - New eco-friendly products were launched, including modified asphalt rolls and bio-based waterproof coatings, contributing to a comprehensive green building materials system [3]. Global Expansion Strategy - Oriental Yuhong is actively pursuing a global expansion strategy, with a focus on "overseas first" and a dual approach of "self-built capacity + trade mergers" [6]. - In October 2025, the company acquired Chilean building materials retailer Construmart S.A. for approximately 880 million yuan, and in December, it planned to acquire 60% of Brazilian Novakem for about 144 million yuan [6]. Collaborative Efforts - The company is deepening collaborations and exploring new models for Chinese enterprises to expand overseas, including strategic partnerships in Indonesia and Kazakhstan [7]. - In December 2025, Oriental Yuhong launched a new overseas brand "OYH" and an integrated ecological strategy, marking a strategic upgrade from "product export" to "ecological export" [7]. Domestic Market Strategy - The company is implementing a "platform + creator" model, focusing on retail and partner empowerment, with engineering and retail channel revenues accounting for 84.06% in the first half of 2025 [8]. - The sand powder business has seen significant growth, with production capacity increasing from 1.8 million tons to 10 million tons from 2021 to 2024 [8]. Future Outlook - For 2026, the company aims to achieve a score of 80 and ultimately reach a peak of 90, supported by its domestic market breakthroughs and global expansion efforts [6][9]. - The company is committed to becoming the most valuable enterprise in the global building materials industry, leveraging AI, green innovation, and a collaborative ecosystem [9].