登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1、本次回购注销的限制性股票为山东龙泉管业股份有限公司（以下简称"公司"或"本公司"）2024年限制性股票激 励计划及2024年第二期限制性股票激励计划已授予的部分限制性股票；本次回购注销涉及2名激励对象，回购注销 的限制性股票共计46.80万股，占本次回购注销前公司股本总额的0.0830%； 2、本次涉及公司2024年限制性股票激励计划的19.80万股限制性股票回购价格为2.00元/股，涉及公司2024年第二期 限制性股票激励计划的27.00万股限制性股票回购价格为2.28元/股，回购价款共计为人民币1,011,600.00元； 3、本次回购注销完成后，公司总股本由563,694,346股变更为563,226,346股； 4、截至本公告披露日，公司已在中国证券登记结算有限责任公司深圳分公司完成了上述限制性股票的回购注销手 续。 公司于2025年9月15日召开2025年第四次临时股东大会，审议通过了《关于回购注销2024年限制性股票激励计划部 分已授予但 ...

12月24日，东宏股份公告，公司拟以集中竞价交易方式回购股份。回购金额不低于3000万元且不超过 6000万元；回购价格不超19.37元/股。资金来源为自有资金、自筹资金，回购期限为12个月内。 东宏股份当前最新价为12.46元，今年以来，东宏股份股价累计上涨14.99%。此次公告拟定的最高回购 价格，比现价高55.46%。 截至9月30日，东宏股份股东户数1.52万，较上期增加37.90%；人均流通股18506股，较上期减少 20.23%。2025年1月-9月，东宏股份实现营业收入17.00亿元，同比减少21.64%；归母净利润1.74亿元， 同比增长3.25%。 分红方面，东宏股份A股上市后累计派现4.34亿元。近三年，累计派现1.54亿元。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 股票回购往往被视为一种稳价措施。指上市公司用现金等方式从股票市场买回自家公司已经发行在外的 一定数额的股票。一般来讲，回购后可以注销，也可以用于实施员工持股计划 ...

Group 1: Platinum Jewelry Prices - The price of platinum jewelry has surpassed 800 yuan per gram, with the price reaching 815 yuan for foot platinum 999 on December 18 [1] - In the Shenzhen Shui Bei market, the price of platinum jewelry has increased to around 470 yuan per gram, up from approximately 300 yuan in June [1] - On the domestic futures market, platinum futures saw a significant increase, with a closing price rise of 5.32% on December 18 [1] Group 2: Chinese Technology ETFs - The KraneShares China Internet ETF (KWEB) has attracted $2.3 billion in inflows this year, potentially marking its best annual performance since 2021 [1] - The Invesco China Technology ETF (CQQQ) has also seen $2.1 billion in inflows, aiming for its best annual performance in history [1] Group 3: HBM3e and DDR5 Pricing Trends - The price of conventional DRAM has surged due to supply shortages, while HBM3e prices are also rising due to increased orders from GPUs and ASICs [1] - It is expected that the average selling price (ASP) gap between HBM3e and DDR5 will narrow significantly over the next year [1] Group 4: UK Home Security Market Growth - The number of households in the UK using professional home security monitoring services is projected to grow by 31% by 2025, reaching 542,600 households [2] - This growth indicates a significant market shift as consumers increasingly adopt smart technology for home security [2] Group 5: Chinese Photovoltaic Exports - China's photovoltaic product exports saw a total of $24.42 billion from January to October 2025, with a year-on-year decline of 13.2%, a significant improvement from the 34.5% decline in the same period of 2024 [2] - The stabilization of export prices reflects the effectiveness of industry self-regulation [2] Group 6: Hainan Free Trade Port - The Hainan Free Trade Port officially began operations on December 18, with international flight bookings to Haikou for the Spring Festival expected to double year-on-year [2] - Flight bookings for the New Year period also saw significant increases, with a 19% rise for Haikou and a 51% rise for Sanya [2] Group 7: Chow Tai Fook Price Increase - Chow Tai Fook announced a price increase for some products effective December 19, with most products seeing price hikes between 4% and 16% [3] - For example, a gold bracelet weighing approximately 32.35 grams increased in price from 56,800 yuan to 65,800 yuan, reflecting a 15.8% increase [3] Group 8: AI Framework for Disease Treatment - A research team from Jilin University has developed an AI framework called SpatialEx, which integrates spatial multi-omics data to aid in the diagnosis and treatment of diseases like breast cancer and Parkinson's [3] Group 9: MiniMax IPO Plans - MiniMax, a domestic AI model company, has passed the Hong Kong Stock Exchange hearing and plans to list in January 2026, potentially becoming the fastest AI company to IPO globally [6] - The company has served over 210 million users across more than 200 countries and regions [6] Group 10: Corporate Leadership Changes - The CEO of Master Kong, Chen Yingrang, will retire, with Wei Hongcheng appointed as the new CEO effective January 1, 2026 [5] - Wang Weidong has resigned as general manager of Songyang Resources, with Cai Jiantao taking over the position [6]

证券日报网讯 12月11日，龙泉股份在互动平台回答投资者提问时表示，截至2025年12月10日，公司股 东人数为29134户。 （文章来源：证券日报） ...

（编辑 姚尧） 证券日报网讯 12月9日，国统股份在互动平台回答投资者提问时表示，国统股份持续深化与行业优质企 业的常态化沟通交流，充分发挥自身全国性生产布局、核心技术资源等优势，探索优势互补、互利共赢 的合作模式，共同为管廊产业高效化、智慧化转型升级及城市基础设施建设赋能。请关注公司公告，公 司所有信息均以官方媒体巨潮资讯网、中国证券报、证券时报披露的信息为准。 ...

李蓓表示，在最冷酷的最悲惨的行业里面，龙头企业的利润已经开始在回升，并且是在一个净利润6% 的水平开始回升，行业第二名的净利润只有1%。这个就属于寒冬中开出的花。这就是大盘指数ROE能 够在这个水平得到支撑，不会再有明显的向下风险。 专题：2025分析师大会：资本市场"奥斯卡"！机构称A股迎全球资本涌入的大牛市 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 11月28日，2025分析师大会举行，半夏投资创始人李蓓主题演讲《从小确幸到大牛市》。李蓓用管材龙 头中国联塑举例，该公司所处的行业显然现在是个寒冬。这个寒冬里面，只有行业第一、第二名的企业 还有利润，第三名是亏损的。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：常福强 ...

Core Viewpoint - The 2025 Analyst Conference highlighted that A-shares and Hong Kong stocks are currently among the most cost-effective high-return assets globally, with core indices' ROE stabilizing despite ongoing economic pressures and deflation [1][4]. Valuation Comparison - A-shares and Hong Kong stock indices exhibit significant return advantages compared to global assets, with the CSI 300 index's current PE ratio at approximately 13 times, implying a return of 7%, while some Hong Kong indices show even higher implied returns [1]. - Despite concerns about bubbles in certain sectors, the overall market's median valuation remains in a relatively low range, indicating that valuation risks have been largely released [1]. Profitability Concerns - The primary concern regarding profitability amidst economic decline and persistent deflation has been addressed, asserting that core indices' ROE will not significantly decline even if economic conditions do not improve [4]. - Historical data shows that during previous economic downturns, such as the 2008 financial crisis and the 2015 market adjustment, the ROE of core indices stabilized at current levels, receiving strong support [4]. Industry Dynamics - In economic downturns, many companies face losses, but leading firms maintain their ROE, reflecting the profitability gap between strong and weak companies. The index is primarily composed of leading firms, which helps stabilize the overall ROE [4]. - The construction materials industry serves as a case study, where leading companies are showing signs of profit improvement despite the sector's deep adjustment. For instance, only the top two companies in the industry remain profitable, while the third has incurred losses [4]. Investment Value of Leading Firms - Leading companies are expected to maintain their profitability levels even if industry demand continues to decline, as the exit of weaker firms will absorb downward pressure on the industry [4]. - The profit margins of leading firms have begun to recover from around 6%, while the second-ranked firm's net profit is only 1%, illustrating the resilience of core indices' ROE [4][5].

Core Viewpoint - The stock of Weixing New Materials has experienced a decline of 11.78% year-to-date, with recent trading showing a slight recovery in the last 20 days, but overall performance remains weak [1][2]. Company Overview - Weixing New Materials, established on October 12, 1999, and listed on March 18, 2010, specializes in the research, production, and sales of new plastic pipeline materials, including PPR, PE, HDPE, and PB pipes [1]. - The company's revenue composition includes PPR products (44.89%), other products (20.43%), PE products (19.80%), PVC products (13.95%), and supplementary products (0.92%) [1]. Financial Performance - For the period from January to September 2025, Weixing New Materials reported a revenue of 3.367 billion yuan, a year-on-year decrease of 10.76%, and a net profit attributable to shareholders of 540 million yuan, down 13.52% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 9.084 billion yuan, with 3.313 billion yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 58,100, reflecting a 9.13% rise, while the average circulating shares per person decreased by 8.37% to 25,302 shares [2]. - The top ten circulating shareholders include notable entities such as ICBC Value Selection Mixed Fund and Hong Kong Central Clearing Limited, with the latter reducing its holdings significantly [3].

格隆汇11月13日｜ST纳川公告称，子公司四川纳川管材有限公司近日收到《决定书》，此前四川恒成 同泰建筑科技有限公司与其建设施工合同纠纷仲裁案，因双方未提交新书面仲裁协议且约定诉讼管辖， 仲裁委决定无管辖权予以撤销，涉案金额1757.10万元，对公司损益无重大影响。此外，河北茂乾市政 工程有限公司与福建纳川水务有限公司工程劳务案二审判决，前者向后者开具64.86万元增值税专用发 票，后者收到发票15日内给付欠款。 ...

Core Viewpoint - Qinglong Pipe Industry's stock price has shown a slight increase of 2.69% year-to-date, but has experienced fluctuations in the short term, indicating potential volatility in the market [2]. Financial Performance - For the period from January to September 2025, Qinglong Pipe Industry reported a revenue of 1.568 billion yuan, representing a year-on-year decrease of 9.25%. The net profit attributable to the parent company was 50.995 million yuan, down 54.91% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 524 million yuan, with 179 million yuan distributed over the past three years [3]. Stock Market Activity - On November 12, Qinglong Pipe Industry's stock price fell by 2.00%, trading at 11.75 yuan per share with a total transaction volume of 61.6852 million yuan and a turnover rate of 1.56%. The total market capitalization is 3.918 billion yuan [1]. - As of October 31, 2025, the number of shareholders increased by 12.67% to 57,600, while the average circulating shares per person decreased by 11.24% to 5,789 shares [2]. Shareholder Composition - As of September 30, 2025, the top ten circulating shareholders include new entrants such as the Guotai CSI All Index Building Materials ETF, holding 1.1416 million shares, and the GF CSI All Index Building Materials Index A, holding 815,200 shares [3]. Business Overview - Qinglong Pipe Industry, established on March 1, 1999, and listed on August 3, 2010, specializes in the research, production, and sales of various mainstream water supply and drainage pipe products, as well as related engineering services. The main revenue sources include concrete pipes (50.58%), plastic pipes (23.16%), composite steel pipes (14.77%), and design consulting (11.16%) [2].