特此函复。 你公司《关于西藏天路股份有限公司股票交易异常波动情况的询 证函》收悉,经核查,现复函如下: 作为你公司控股股东,本次股票交易出现异常波动属于市场 正常交易结果,受宏观经济环境、行业发展趋势、市场交易情绪 等多种因素综合影响。截至本函回复日,西藏建工建材集团有限 公司(以下简称"藏建集团")未发生出售你公司股票的行为, 更不存在操纵股票价格、影响市场公平交易的任何操作,藏建集 团严格遵守证券市场秩序及监管规定。 西藏建工建材集团有限公 下 1 2 5 4 1 1 1 1 2 5 1 1 2 5 2 8 1 关于西藏天路股份有限公司股票交易异常波 动情况询证函的复函 西藏天路股份有限公司 及公司 l = ...

Group 1 - The core viewpoint of the news is that the Tibet Yarlung Tsangpo River hydropower project is expected to have a total installed capacity of 60GW, which is 2.7 times that of the Three Gorges Dam, with a total investment of 1.2 trillion RMB and a construction period of 10 to 20 years [1] - The project is anticipated to require approximately 4.3 million tons of cement, averaging about 430,000 tons per year, which will increase cement demand in Tibet by about 33% [1] - Tibet Tianlu (600326.SH) holds a 33% market share in the local cement market, while Huaxin Cement (06655, 600801.SH), China National Building Material (03323), and Conch Cement (00914, 600585.SH) have market shares of 25%, 19%, and 7% respectively [1] Group 2 - The project is estimated to have an average annual steel demand of about 600,000 tons, with ordinary steel accounting for 60% and special steel for 40% [2] - The expected profit for Tibet Tianlu is approximately 160 million RMB annually, compared to a projected loss of 104 million RMB in 2024, while Huaxin Cement, China National Building Material, and Conch Cement are expected to see net profit increases of about 5%, 2%, and 0.4% respectively [2] - Based on valuation advantages, the company maintains a "buy" rating for China National Building Material, while Conch Cement and China Resources Cement Technology (01313) are rated "neutral," and the overall rating for steel stocks remains "neutral" [2]

证券时报·数据宝统计显示，涨停个股中，主板有50只，北交所1只，创业板6只，科创板1只。以所属行 业来看，上榜个股居前的行业有机械设备、建筑装饰、基础化工行业，上榜个股分别有12只、7只、6 只。 涨停股中，*ST生物、ST金鸿等7只股为ST股。连续涨停天数看，*ST亚振已连收7个涨停板，连续涨停 板数量最多。从收盘涨停板封单量来看，中国电建最受资金追捧，收盘涨停板封单有75033.27万股，其 次是西藏天路、中铁工业等，涨停板封单分别有20645.49万股、9511.49万股。以封单金额计算，中国电 建、西藏天路、中铁工业等涨停板封单资金较多，分别有50.80亿元、26.32亿元、9.52亿元。（数据 宝） 两市涨停股一览 截至收盘，上证指数报收3582.30点，上涨0.01%；深证成指收于11059.04点，下跌0.37%；创业板指下 跌0.01%；科创50指数上涨0.45%。 | 代码 | 简称 | 收盘价（元） | 换手率（%） | 涨停板封单（万股） | 封单资金（万元） | 行业 | | --- | --- | --- | --- | --- | --- | --- | | 601669 | 中国 ...

Market Overview - The market experienced fluctuations with mixed performance across the three major indices, with the Shanghai Composite Index briefly surpassing 3600 points before retreating [1] - The overall market saw a high rate of stock volatility, with a 50% rate of stocks hitting their daily limit down [1] - The total trading volume for the day reached 1.9 trillion yuan [1] Hot Topics Yarlung Tsangpo River Hydropower Project - Stocks related to the Yarlung Tsangpo River hydropower project continued to surge, with companies like China Power Construction and Huaxin Cement hitting their daily limit up [4] - The project has garnered significant market attention, leading to a valuation recovery for infrastructure stocks due to low valuations and high dividend yields [5] Consumer Sector - The consumer sector showed strong activity, with companies such as Hanchang Group and Nanjing New百 hitting their daily limit up [6] - The World Health Organization raised alarms regarding the spread of the chikungunya virus, which could impact public health and consumer behavior [6] Nuclear Fusion Sector - The nuclear fusion sector saw notable movements, with companies like GuoJi Heavy Industry and XueRen Group experiencing significant gains [8] - The establishment of China Fusion Energy Co., a subsidiary of China National Nuclear Corporation, was announced, with an investment of approximately 11.49 billion yuan from various stakeholders [8] Stock Performance Yarlung Tsangpo River Project Stocks - Key stocks in this sector included: - ShanHe Intelligent: 10.67 yuan, +10.00%, market cap 11.445 billion yuan - Tibet Tianlu: 12.75 yuan, +10.01%, market cap 16.93 billion yuan - Deep Water Regulation Institute: 27.82 yuan, +20.02%, market cap 6.206 billion yuan [5][16] Consumer Sector Stocks - Notable performers included: - Hanchang Group: 10.92 yuan, +9.97%, market cap 3.22 billion yuan - Nanjing New百: 7.55 yuan, +10.06%, market cap 8.796 billion yuan - Rainbow Group: 22.65 yuan, +10.00%, market cap 2.38 billion yuan [7][16] Nuclear Fusion Stocks - Key stocks included: - GuoJi Heavy Industry: 4.09 yuan, +9.95%, market cap 29.503 billion yuan - XueRen Group: 11.44 yuan, +10.00%, market cap 7.443 billion yuan [9][10]

Market Overview - The market showed a slight increase in the Shanghai Composite Index by 0.01%, but over 4,000 stocks declined, indicating a significant divergence in stock performance [1][4]. - Investors are advised to focus on long-term strategies rather than being misled by index movements [1]. Sector Performance - The hydropower sector, particularly companies like Xizang Tianlu and Huaxin Cement, has shown strong performance with three consecutive gains, supported by substantial projects and government policies [3]. - The beauty and personal care sector saw a sudden surge, with companies like Runben and Jiaheng Home Care hitting the daily limit, likely due to perceived stability in consumer demand [3]. - The securities sector experienced some fluctuations, with Guosheng Financial and GF Securities leading the gains, indicating its close relationship with the index [3]. Declining Sectors - The Hainan Free Trade Zone faced significant declines, with Hainan Ruize hitting the daily limit down, highlighting the risks of speculative trading without solid earnings support [4]. - The military equipment sector also suffered, with companies like Guanglian Aviation dropping over 10%, reflecting the volatility driven by market sentiment rather than fundamentals [4]. Investment Strategy - Investors are encouraged to focus on sectors with solid policy backing, such as the hydropower sector, and stable earnings, like leading companies in beauty care and securities [4]. - Caution is advised against chasing already high-performing speculative stocks, and investors should consider reallocating their portfolios if holding high-priced speculative stocks [4].

Core Viewpoint - The A-share market showed mixed performance with the Shanghai Composite Index briefly returning to 3600 points before retreating to 3582 points, indicating volatility in investor sentiment [1] Market Performance - The Shanghai Composite Index closed up by 0.01%, while the Shenzhen Component Index and the ChiNext Index fell by 0.37% and 0.01% respectively [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.86 trillion yuan, a decrease of 28.4 billion yuan compared to the previous trading day [1] - Over 4000 stocks in the market experienced declines, reflecting a bearish trend overall [1] Sector Performance - The hydropower sector, particularly stocks related to the Yajiang Hydropower Station, continued to show strong performance, with China Power Construction and Tibet Tianlu achieving three consecutive trading limit increases [1] - The beauty and personal care sector saw gains in the afternoon, with Runben Co., Ltd. hitting the daily limit [1] - Financial sectors, including insurance and securities, remained active throughout the trading day [1] - Conversely, the military, Hainan, and China Shipbuilding sectors faced significant declines, with Caesar Travel dropping over 9% and both Great Wall Military Industry and China Ship Emergency falling over 7% [1]

Market Overview - The three major A-share indices showed mixed results, with the Shanghai Composite Index up by 0.01%, the Shenzhen Component down by 0.37%, and the ChiNext Index down by 0.01%. The North China 50 Index fell by 1.58% [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.8984 trillion yuan, a decrease of 30.3 billion yuan compared to the previous day, with over 4,000 stocks declining [1] Sector Performance - The top-performing sectors included hydropower, beauty care, securities insurance, CRO (Contract Research Organization), banking, and small metals [1] - The sectors that experienced the largest declines were the Hainan Free Trade Zone, military equipment, ultra-high voltage, battery, and housing inspection [1] Notable Stocks - Hydropower concept stocks continued to perform strongly, with companies like Tibet Tianlu, Gaozheng Minbao, and Huaxin Cement achieving three consecutive trading limit increases [2] - The beauty care sector saw gains in the afternoon, with Runben Co. hitting the trading limit and companies like Jiaheng Jiahua and Huaye Fragrance showing significant increases [2] - The securities sector was active, with Guosheng Jinkong, Guoxin Securities, and GF Securities leading the gains [2] - CRO concept stocks also performed well, with Meidi Xi, Hite Bio, and Zhaoyan New Drug all rising [2] Hot Topics - The Yarlung Zangbo River downstream hydropower project in Tibet, with an investment of approximately 1.2 trillion yuan, is expected to create hundreds of thousands of jobs and generate 20 billion yuan in annual fiscal revenue for Tibet [9] - The World Health Organization issued a warning regarding the potential outbreak of the Chikungunya virus, prompting increased attention to the beauty care sector [10] - The global CRO market is projected to grow from $59.2 billion in 2020 to $92.7 billion by 2024, with a compound annual growth rate of 9.93% [12]

Group 1 - The Yarlung Tsangpo River downstream hydropower project has officially commenced, involving the construction of five cascade power stations with a planned investment of 1.2 trillion RMB [1] - Following the announcement, related A-share concept stocks surged, with the Yarlung Tsangpo hydropower concept sector rising by 12.52% and 11.77% on July 21 and 22, respectively [1] - Major companies such as China Power Construction (601669.SH) and China Energy Engineering (601868.SH) saw their stock prices hit the daily limit for three consecutive days, indicating strong market interest [1][2] Group 2 - Several companies have issued clarifications stating that their business operations are not directly related to the Yarlung Tsangpo hydropower project, including Huajian Group (600629.SH) and Jiangnan Chemical (002226.SZ) [2] - Securities firms have released research reports indicating that the Yarlung Tsangpo hydropower project will create growth opportunities across various sectors, including civil explosives, infrastructure, cement, and energy conversion [2] - Analysts from Huatai Securities noted that the project's high technical difficulty and stringent material standards may lead to a concentration of benefits among leading companies, while the construction timeline could extend to 10-15 years [2] Group 3 - Despite the potential investment opportunities within the Yarlung Tsangpo hydropower industry chain, analysts caution investors to approach the concept with rationality due to the lengthy project construction cycle [3] - The transition from project initiation to actual order conversion into performance may take considerable time, leading to potential disconnection between stock price surges and company fundamentals [3] - Investors are advised to monitor actual order acquisition and performance realization to avoid losses from speculative investments [3]

7月23日早盘，日本股市大涨逾2%。韩国股市则突然跳水。 A股方面，沪指高开0.20%，深证成指高开0.01%，创业板指低开0.12%。超级水电、煤炭、有色金属等板块指数涨幅居前，创新药、CPO、军工等板块指 数跌幅居前。开盘后深证成指一度翻绿。 | 名称 | 序号 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | 上证指数 | 11 | 3588.88 c | 7.02 | 0.20% | | 深证成指 | 2 | 11101.32c | 1.49 | 0.01% | | 北证50 | 3 | 1461.16 c | 2.30 | 0.16% | | 万得全A | 4 | 5589.49 c | 6.01 | 0.11% | | 科创50 | 5 | 1016.58 c | 0.32 | 0.03% | | 创业板指 | 6 | 2308.11 c | -2.74 | -0.12% | | 沪深300 | 7 | 4129.15 c | 10.19 | 0.25% | | 中证500 | 8 | 6218.21 c | 4.80 | 0.08% | 券商 ...

Core Viewpoint - The article highlights the ongoing enthusiasm for the Yarlung Tsangpo River hydropower project, with significant stock price movements in related companies, while also noting the volatility in the stock market, particularly with Meibang Co., Ltd. experiencing a sharp decline after a brief surge [1][14][15]. Market Overview - On July 23, the A-share market opened mixed, with the Shanghai Composite Index attempting to reach 3600 points, ultimately showing a slight increase of +0.39% [2][3]. - The trading volume reached 3.06 billion hands, with a turnover rate of 0.67% [3]. Yarlung Tsangpo River Hydropower Project - The Yarlung Tsangpo River hydropower project continues to attract attention, with over twenty related stocks hitting the daily limit up, including China Electric Power Construction and China Energy Engineering, both achieving three consecutive limit-ups [7][11]. - The total investment for the Yarlung Tsangpo River downstream hydropower project is estimated to be about six times that of the Three Gorges Project, with annual investments projected between 60 billion to 80 billion yuan over a construction period of 15 to 20 years [11][12]. Steel Sector Performance - The steel sector saw a significant rally, with stocks like Shengde Xintai and Liugang Co. hitting the daily limit up, while several others also posted substantial gains [12][13]. - The Ministry of Industry and Information Technology announced a new round of growth stabilization plans for key industries, including steel, aimed at optimizing supply and eliminating outdated production capacity [12][13]. Meibang Co., Ltd. Stock Movement - Meibang Co., Ltd. opened at a limit-up price of 31.1 yuan per share but quickly fell to the limit down within 40 seconds, reflecting high volatility in its stock performance [15][17]. - As of the latest update, Meibang's stock price was reported at 25.86 yuan, marking a decline of 8.52% [17].