友发集团投资设立子公司 机构看好钢铁板块修复空间

Group 1 - The core point of the news is that Youfa Group (601686) has announced an investment of 500 million yuan to establish a wholly-owned subsidiary, Guangdong Youfa Pipe Industry Technology Co., Ltd., aimed at enhancing its competitive edge and national strategic layout [1] - The new subsidiary will be registered in Nanhai District, Foshan, and will focus on technology services, new material research and development, and manufacturing and sales of metal products [1] - A cooperation agreement has been signed with the local government to build a modern green factory, which is expected to achieve an annual output value of 8 billion yuan upon reaching full production [1] Group 2 - According to a report by Xinda Energy, the steel sector has potential for recovery due to a bottoming out of the Producer Price Index (PPI) and a liquidity-rich environment, with Youfa Group identified as a key focus among high-quality steel enterprises [2] - The report highlights that the industry's "anti-involution" policies are likely to promote high-quality development, although caution is advised regarding risks from the real estate downturn [2] Group 3 - On February 11, 2026, Youfa Group's stock price remained stable with a trading volume of 47.7046 million yuan and a turnover rate of 0.52% [3] - The company has attracted market attention due to its high dividend yield (over 4.7% for the past three years) and its involvement in underground pipeline and water conservancy concepts, although there has been a net outflow of major funds [3] - The stock price was reported at 6.22 yuan, with a daily increase of 0.16% and a year-to-date increase of 3.86%, while the price-to-earnings ratio (TTM) stands at 11.08 times, indicating a short-term volatile trend [3]