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Investment Rating - The report maintains an "Overweight" rating for the building materials industry [2] Core Viewpoints - The industry is gradually entering the traditional peak season, with expectations for a certain degree of month-on-month recovery in demand, particularly focusing on leading companies with competitive advantages [3][5] - The cement market has seen a week-on-week price increase of 0.52%, with price rises in regions such as Hunan, Hubei, Sichuan, and Gansu, while declines were noted in Jiangsu and Zhejiang [3][20] - Despite weak downstream demand, companies are actively raising prices to enhance profitability [3][20] Summary by Sections Cement Industry - The national cement market price increased by 0.52% during the week of September 7-13, with price increases of 20-30 CNY/ton in certain regions [3][20] - The demand recovery in the cement market is not meeting expectations due to a shortage of market funds and a significant reduction in new projects [3][20] - Key recommended cement companies include Conch Cement, Huaxin Cement, and China Resources Cement Technology [3][6] Glass Industry - The average price of float glass decreased to 1283.90 CNY/ton, down by 56.29 CNY, with overall demand failing to meet seasonal expectations [3][13] - The supply side remains stable, but the order demand from processing plants has decreased by 20%-40% [3][13] - Recommended companies in the glass sector include Xinyi Glass and Qibin Group, which have significant cost advantages [3][13] Glass Fiber Industry - The price of glass fiber has seen slight increases, with stable market conditions for non-alkali roving yarn [3][14] - The demand for electronic yarn remains weak, with no increase in orders from the PCB market [3][14] - Key recommended companies in the glass fiber sector include China Jushi and China National Building Material [3][14]