建筑材料：政策组合拳加速落地；华东水泥价格近期涨幅明显

Investment Rating - The report maintains an "Overweight" rating for the construction materials sector [1]. Core Insights - Recent policy measures are accelerating implementation, leading to a notable increase in cement prices in East China [1]. - The real estate market is stabilizing, with a focus on policy measures aimed at promoting housing market recovery [1]. - Cement price increases are expected to continue due to industry self-discipline and production adjustments [1][2]. Summary by Sections Key Company Status - North New Materials: Current price at 31.53 CNY, with projected EPS of 2.5 CNY for 2024 [1]. - Conch Cement: Current price at 25.14 CNY, with projected EPS of 1.6 CNY for 2024 [1]. - China Glass: Current price at 10.33 CNY, with projected EPS of 0.7 CNY for 2024 [1]. - Weixing New Materials: Current price at 13.69 CNY, with projected EPS of 0.8 CNY for 2024 [1]. - Sankeshu: Current price at 39.22 CNY, with projected EPS of 0.8 CNY for 2024 [1]. - Huaxin Cement: Current price at 13.03 CNY, with projected EPS of 1.0 CNY for 2024 [1]. - Shandong Pharmaceutical Glass: Current price at 27.13 CNY, with projected EPS of 1.5 CNY for 2024 [1]. - Qibin Group: Current price at 5.94 CNY, with projected EPS of 0.8 CNY for 2024 [1]. - Dongfang Yuhong: Current price at 13.58 CNY, with projected EPS of 1.2 CNY for 2024 [1]. - Jianlang Hardware: Current price at 29.82 CNY, with projected EPS of 1.0 CNY for 2024 [1]. Market Trends - The construction materials sector has shown a 2.85% increase, outperforming the Shanghai Composite Index, which rose by 0.98% [7]. - Cement prices are expected to rise further, driven by seasonal demand recovery and production discipline [1][2]. - The report highlights a positive outlook for companies like Conch Cement and Huaxin Cement, which are positioned well for the upcoming recovery phase [2]. Industry Performance - The cement industry is experiencing a recovery in prices, with significant increases noted in various regions, particularly East China [1]. - The report indicates that the overall market sentiment is improving, with expectations of continued price increases due to policy support and demand recovery [1][2].