1,000 1,200 1,400 1,600 1,800 2,000 2,200 河北鑫利4.8mm（折5mm） 2022 2023 2024 2025 (600) (400) (200) 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 华北玻璃生产利润（气） 2020 2021 2022 2023 2024 2025 1096 1096 1087 980 953 974 993 1032 900 950 1000 1050 1100 1150 沙河德金 沙河安全 沙河低价 湖北低价 07合约 09合约 11合约 01合约 玻璃价格结构 今日(6/17） 昨日(6/16） 一周前(6/10） 一月前(5/19） (500) 0 500 1,000 1,500 华南玻璃利润（气） 2020 2021 2022 2023 2024 2025 0 500 1,000 1,500 2,000 2,500 3,000 3,500 玻璃：河北低价大板 2019 2020 2021 2022 2023 2024 2025 0 100 200 300 400 500 玻璃厂库 ...

Group 1 - Hu Run gifted a limited edition LABUBU doll to the CEO of Pony.ai, Peng Jun, in exchange for the first autonomous vehicle on public roads from Pony.ai [1] - Walmart announced the closure of its last store in Nanchang, effective July 16, with shopping cards usable until closure and online delivery transitioning to a third-party service [3] - Zhongrong Electric plans to enhance its product portfolio through acquisitions by 2030, focusing on strategic fit and industry prospects [4] Group 2 - The 2025 Shanghai World Mobile Communication Conference will begin on June 18, focusing on the impact of 5G, AI, and IoT on various industries [5] - Microsoft is testing an AI assistant in Windows 11 settings to help users resolve issues based on their descriptions [6] - Lei Jun announced the upcoming release of the Xiaomi YU7 and other significant products at the end of June [7] Group 3 - Huan Niu Cake House announced its closure due to rising costs and market competition, with plans to address member balance issues [9] - From January to May, China's real estate development investment reached 36,234 billion yuan, a year-on-year decline of 10.7% [10] - Ele.me is investing over 1 billion yuan to attract quality restaurant merchants through its upgraded "优店腾跃计划" [11] Group 4 - Chengdu has launched its first batch of real-world testing for intelligent robots, involving ten AI and robotics companies [12] - Zeekr has achieved a milestone of 500,000 vehicle sales, setting a record for luxury electric vehicles [13] - Moutai's wholesale reference price for its Flying Moutai has slightly increased to 2,000 yuan per bottle, with measures in place to stabilize market prices [15]

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - No clear core viewpoints presented in the given content 3. Summary by Relevant Catalogs Glass - **Price Change**: From June 9 to June 16, 2025, prices of various 5mm glass products in different regions showed different degrees of change. For example, the price of Shahe Safety 5mm large - board dropped from 1121.0 to 1104.0, a decrease of 17.0; the price of Shahe Great Wall 5mm large - board decreased from 1109.0 to 1091.0, a decrease of 18.0 [1]. - **Contract Price and Spread**: The FG09 contract price decreased from 1006.0 to 980.0, a decrease of 26.0; the FG01 contract price decreased from 1066.0 to 1041.0, a decrease of 25.0. The FG 9 - 1 spread decreased from - 60.0 to - 61.0, a decrease of 1.0 [1]. - **Basis and Profit**: The 09 Hebei basis decreased from 120.0 to 46.0, a decrease of 74.0; the 09 Hubei basis increased from - 16.0 to 10.0, an increase of 26.0. The North China coal - fired profit decreased from 252.0 to 220.7, a decrease of 31.3; the North China coal - fired cost decreased from 874.0 to 866.3, a decrease of 7.7 [1]. - **Spot and Sales**: The price of Shahe traders' glass was around 1090, with average trading volume and insufficient spot and futures sources. The low - price of factories in Hubei was around 980, with good trading volume. The new spot and futures price was 960, with average trading volume. The glass sales volume in Shahe was 103, in Hubei was 105, in East China was 106, and in South China was 103 [1]. Soda Ash - **Price Change**: From June 9 to June 16, 2025, the price of Shahe heavy soda decreased from 1250.0 to 1210.0, a decrease of 40.0; the price of Central China heavy soda decreased from 1210.0 to 1170.0, a decrease of 40.0 [1]. - **Contract Price and Spread**: The SA05 contract price decreased from 1235.0 to 1206.0, a decrease of 29.0; the SA01 contract price decreased from 1193.0 to 1165.0, a decrease of 28.0; the SA09 contract price decreased from 1202.0 to 1174.0, a decrease of 28.0. The SA09 Shahe basis decreased from 48.0 to 36.0, a decrease of 12.0; the SA monthly spread 09 - 01 increased from 9.0 to 9.0 (the daily change was 6.0) [1]. - **Profit and Cost**: The North China ammonia - soda profit increased from - 116.3 to - 111.3, an increase of 5.0; the North China ammonia - soda cost decreased from 1326.3 to 1286.3, a decrease of 40.0; the North China combined - soda profit increased from - 15.8 to 28.7, an increase of 44.5 [1]. - **Spot and Industry Situation**: The spot price of heavy soda in Hebei delivery warehouses was around 1170, and that in Shahe warehouses was around 1210. The factory warehouses were accumulating inventory, and Yuanxing had over - production [1].

特此公告。 福莱特玻璃集团股份有限公司董事会 ? 上网公告文件 国浩律师（南京）事务所关于福莱特玻璃集团股份有限公司2024年年度股东大会 之法律意见书 ? 报备文件 证券代码：601865 证券简称：福莱特 公告编号：2025-040 转债代码：113059 转债简称：福莱转债 福莱特玻璃集团股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 16 日 (二)股东大会召开的地点：中国浙江省嘉兴市秀洲区运河路 1999 号福莱特玻璃 集团股份有限公司一楼大会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 其中：A 股股东人数 515 境外上市外资股股东人数（H 股） 1 其中：A 股股东持有股份总数 1,348,714,632 境外上市外资股股东持有股份总数（H 股） 72,519,925 份总数的比例（%） 其中：A 股股东持股占股份总数的比例（%） 57.8944 ...

国浩律师（南京）事务所 关于 福莱特玻璃集团股份有限公司 法律意见书 中国江苏省南京市汉中门大街 309 号 B 座 5、7-8 层邮编：210036 电话/Tel:+862589660900 传真/Fax:+862589660966 网址/Website:http://www.grandall.com.cn 国浩律师（南京）事务所 法律意见书 国浩律师（南京）事务所 关于福莱特玻璃集团股份有限公司 致：福莱特玻璃集团股份有限公司 国浩律师（南京）事务所（以下简称"本所"）接受福莱特玻璃集团股份有 限公司（以下简称"公司"）的委托，指派律师出席公司 2024 年年度股东大会 （以下简称"本次股东大会"），并根据《中华人民共和国证券法》《中华人民 共和国公司法》《上市公司股东大会规则》以及《福莱特玻璃集团股份有限公司 章程》（以下简称"《公司章程》"）的规定，出具本法律意见书。 本所依据本法律意见书出具日之前已经发生或存在的事实及中国现行法律、 法规及规范性文件发表法律意见。 本所同意将本法律意见书作为公司本次股东大会公告的文件，随公司其他公 告文件一并予以公告。 本法律意见书中，本所律师仅对本次股东大会的召集 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該 等內容而引致的任何損失承擔任何責任。 福萊特玻璃集團股份有限公司 （「通函」 ）及通告。除另有指明外，本公告所用詞彙與通函界定者具有相同涵義。 董事會欣然宣佈，通告所載議案已以投票表決方式獲正式通過。 Flat Glass Group Co., Ltd. （於中華人民共和國註冊成立的股份有限公司） （股份代號：6865） 二零二四年股東週年大會的 投票表決結果 謹此提述福萊特玻璃集團股份有限公司（ 「本公司」）日期為二零二五年五月二十二日的二零二四年股 東週年大會通函 二零二四年股東週年大會已於二零二五年六月十六日 （星期一）假座中華人民共和國浙江省嘉興市秀 洲區運河路1999號福萊特玻璃集團股份有限公司一樓大會議室舉行。 所有董事均親身或通過電子方式出席二零二四年股東週年大會。 於二零二四年股東週年大會記錄日期（ 「記錄日期」 （ ）即二零二五年六月十日），本公司已發行股份總 數為2,342,920,139股（包括1,901,205,13 ...

Core Viewpoint - The glass market is experiencing downward pressure due to supply-side changes and weak demand, leading to price reductions and inventory management challenges [1] Supply Side Summary - The float glass industry operating rate has decreased to 75.42%, down 0.25 percentage points from the previous week, marking a continuous decline for two weeks [1] - Capacity utilization has dropped to 77.48%, a decrease of 0.66% [1] - Daily production has fallen to 155,700 tons, down 0.7%, with weekly production at 1,091,200 tons, a decrease of 0.61% week-on-week and an 8.69% year-on-year decline, nearing a three-and-a-half-month low [1] Demand Side Summary - The spot market demand remains weak, with downstream enterprises being cautious in procurement due to factors like rainfall, leading to price declines in multiple regions [1] - The arrival of the rainy season has increased inventory pressure on glass manufacturers, potentially prompting further price reductions for sales [1] Inventory Situation - The total inventory of sample enterprises in the float glass industry stands at 69.685 million heavy boxes, a slight decrease of 69,000 heavy boxes or 0.10% month-on-month, but a year-on-year increase of 19.86% [1] - The inventory days are at 30.8 days, down 0.5 days from the previous period, with inventory reductions noted in North and East China, while other regions saw increases [1] Cost and Profitability - The costs of glass production from petroleum coke, coal, and natural gas are 1,158, 1,026, and 1,473 yuan/ton respectively, with month-on-month changes of +12, +3, and -5 yuan/ton [1] - Production profits for these methods are -128.5, 80.7, and -182.8 yuan/ton respectively, with month-on-month changes of -17.1, -10.2, and -12.2 yuan/ton [1] Macro Environment - Ongoing geopolitical risks from the conflict in the Middle East are suppressing market sentiment [1] - In May, domestic social financing increased while credit decreased, indicating a divergence, with PPI and real estate completion rates showing larger declines, exacerbating industrial deflation and mid-term demand shrinkage for glass [1] Short-term Outlook - Short-term trends indicate price reductions and inventory management in the glass upstream and midstream sectors, with downstream orders remaining low and spot prices adjusting downward [1] - Coal production lines are profitable, but large-scale cold repairs are unlikely, leading to low operating levels and daily melting capacity fluctuations [1] - Current glass prices are below coal production costs, approaching losses across the entire industry chain, necessitating a wait for spot price reduction expectations to materialize [1] - Although glass valuations are relatively low, the short-term fundamentals and cost support are weak, with no clear drivers, leading to fluctuations based on macro sentiment and frequent capital movements [1] - Continuous low prices may raise concerns about the potential increase in cold repair expectations [1] - Technically, attention should be paid to the integer resistance levels of 1,000 and the 10-day moving average [1]

Report Industry Investment Rating - Not provided in the content Core View - Glass is in a situation of weak supply and demand, and it is expected that the futures price will mainly fluctuate weakly at a low level. The main logic is that the glass supply has declined to a relatively low level in the same period. Under the influence of the seasonal peak season expectation, the spot price has increased, and the downstream has carried out phased restocking, resulting in the reduction of glass factory inventories. It is expected that the glass will mainly fluctuate strongly at a low level [3][8] Summary by Relevant Catalogs Glass Futures and Spot Weekly Market - The closing price of the main glass futures contract FG2509 last week was 976 yuan/ton, a decrease of 2.11% from the previous week. The spot benchmark price was 1044 yuan/ton, a decrease of 1.51% from the previous week. The main basis was 68 yuan/ton, an increase of 7.94% from the previous week [2][9] Glass Spot Market - The market price of 5mm white glass大板 in Hebei Shahe, the spot benchmark location, was 1044 yuan/ton, a decrease of 1.51% from the previous week [16] Fundamental Analysis - Cost and Profit - The profit of coal production lines has recovered, the loss of natural gas production lines has intensified, and the profit of petroleum coke production lines has turned negative [23] Fundamental Analysis - Supply - There were 224 float glass production lines in operation nationwide last week, with an operating rate of 75.57% and a daily melting volume of 155,700 tons. The supply is at a historical low [3] Fundamental Analysis - Demand - In April 2025, the apparent consumption of float glass was 4.6808 million tons. The real - estate terminal demand is weak, and the number of orders from glass deep - processing enterprises is at a historical low in the same period. The capital collection of the deep - processing industry is not optimistic, and traders and processors are cautious, mainly digesting the original inventory [3][7][34] Fundamental Analysis - Inventory - As of June 12, the inventory of national float glass enterprises was 69.685 million weight boxes, a decrease of 0.10% from the previous week, and the inventory was running above the five - year average [49] Fundamental Analysis - Supply - Demand Balance Sheet - The supply - demand balance sheet from 2017 to 2024E shows the production, consumption, net import, and other data of float glass each year, as well as the growth rate of production and consumption and the proportion of net imports [50] Influence Factor Summary - **Lido**: The negative feedback of production profit is obvious, and the glass output has continued to decline to a historical low [6] - **Negative**: The real - estate terminal demand is still weak, and the number of orders from glass deep - processing enterprises is at a historical low in the same period. The capital collection of the deep - processing industry is not optimistic, and traders and processors are cautious, mainly digesting the original inventory [7]

Industry Investment Rating - Not provided in the report Core Viewpoints - Not provided in the report Glass Summary Price and Change - On June 13, 2025, the price of 5mm large - plate glass from Shahe Anquan was 1113.0, with a weekly change of - 8.0 and a daily change of 0.0; FG09 contract price was 976.0, with a weekly change of - 21.0 and a daily change of - 5.0 [3] - The price of 5mm large - plate glass from Shahe Great Wall remained at 1096.0 from June 6 - 13, with no weekly or daily change; FG01 contract price was 1035.0 on June 13, with a weekly change of - 19.0 and a daily change of - 5.0 [3] - Shahe 5mm large - plate low - price was 1096.0 on June 13, with a weekly change of - 30.0 and a daily change of - 8.0; FG 9 - 1 spread was - 59.0, with a weekly change of - 2.0 and no daily change [3] - The price of 5mm large - plate glass from Wuhan Changli remained at 1080.0 from June 6 - 13, with no change; 09 Hebei basis was 61.0 on June 13, with a weekly change of - 68.0 and a daily change of - 3.0 [3] - Hubei large - plate low - price remained at 990.0 from June 6 - 13, with no change; 09 Hubei basis was 14.0 on June 13, with a weekly change of 21.0 and a daily change of 5.0 [3] - South China 5mm large - plate low - price was 1400.0 on June 13, with a weekly change of - 20.0 and no daily change [3] - Shandong 5mm large - plate price remained at 1160.0 from June 6 - 13, with no change [3] Profit and Cost - North China coal - fired profit was 232.9 on June 13, with a weekly change of - 17.0 and a daily change of 2.5; North China coal - fired cost was 863.1, with a weekly change of - 13.0 and a daily change of - 10.5 [3] - South China natural gas profit was - 141.7 on June 13, with a weekly change of - 20.0 and no daily change; North China natural gas profit was - 252.9, with a weekly change of - 17.4 and a daily change of 2.5 [3] - 09FG surface natural gas profit was - 372.0 on June 13, with a weekly change of - 9.2 and a daily change of - 1.0; 01FG surface natural gas profit was - 312.4, with a weekly change of - 9.6 and a daily change of - 2.5 [3] Spot and Sales - Glass spot: Shahe traders' price was around 1095, with average trading volume and insufficient spot and futures sources; Hubei factories' low - price was around 980, with fair trading volume; new spot and futures price was 960, with average trading volume [3] - Glass sales: Shahe's sales rate was 94, Hubei's was 103, East China's was 102, and South China's was 94 [3] Soda Ash Summary Price and Change - On June 13, 2025, the price of heavy soda ash in Shahe was 1200.0, with a weekly change of - 50.0 and a daily change of - 30.0; SA05 contract price was 1204.0, with a weekly change of - 38.0 and a daily change of - 8.0 [3] - The price of heavy soda ash in Central China was 1165.0 on June 13, with a weekly change of - 55.0 and a daily change of - 45.0; SA01 contract price was 1153.0, with a weekly change of - 45.0 and a daily change of - 12.0 [3] - The price of heavy soda ash in South China remained at 1510.0 from June 6 - 13, with no change; SA09 contract price was 1156.0 on June 13, with a weekly change of - 56.0 and a daily change of - 19.0 [3] - The price of heavy soda ash in Qinghai remained at 1030.0 from June 6 - 13, with no change; SA09 Shahe basis was 44.0 on June 13, with a weekly change of 6.0 and a daily change of - 11.0 [3] - The price of light soda ash in North China remained at 1200.0 from June 6 - 13, with no change; SA month - spread 09 - 01 was 3.0 on June 13, with a weekly change of - 11.0 and a daily change of - 7.0 [3] - The price of light soda ash in Central China was 1180.0 on June 13, with a weekly change of - 20.0 and no daily change [3] Profit and Cost - North China ammonia - soda profit was - 126.3 on June 13, with a weekly change of - 20.0 and a daily change of - 50.0; North China ammonia - soda cost was 1286.3, with a weekly change of - 40.0 and no daily change [3] - North China combined - soda profit was 7.4 on June 13, with a weekly change of 23.1 and a daily change of - 48.0 [3] Spot and Industry - Spot: The spot price of heavy soda ash at Hebei delivery warehouses was around 1160, and that at Shahe warehouses was around 1200 [3] - Industry: Factory warehouses were accumulating inventory, and Yuanxing had over - produced [3]

证券代码：600819 /900918 证券简称：耀皮玻璃 /耀皮 B 股 公告编号：2025-036 上海耀皮玻璃集团股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 13 日 (二)股东大会召开的地点：上海市浦东新区张东路 1388 号 5 幢 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 其中：A 股股东人数 160 境内上市外资股股东人数（B 股） 7 其中：A 股股东持有股份总数 501,713,784 境内上市外资股股东持有股份总数(B 股) 32,907,046 份总数的比例（%） 其中：A 股股东持股占股份总数的比例（%） 53.6640 境内上市外资股股东持股占股份总数的比例（%） 3.5198 (四)表决方式是否符合《公司法》及《公司章程》的规定，股东大会主持情况等。 本次会议由公司董事会召集，董事长殷俊先生主持，采用记名投票方式对议案逐 项表决。本次 ...