开源证券研报表示，今年下半年光伏行业需求或将转弱，当前产业链多环节产品价格已跌破现金成本 线。在此背景下，头部光伏玻璃企业计划自7月份开始集体减产，头部硅料企业正主动推进多晶硅产能 整合，推动行业供需结构改善。 不仅是光伏玻璃，钢铁、水泥等行业也在积极"反内卷"。 近期，部分钢厂已收到减排限产通知。此前，中国钢铁工业协会秘书长姜维表示，防止恶性竞争应成为 全体钢铁企业共同遵守的行业准则。 7月1日，中国水泥协会发布《关于进一步推动水泥行业"反内卷""稳增长"高质量发展工作的意见》。从 百年建筑网水泥综合价格指数看，2023年水泥平均值为419元/吨，2024年为386元/吨，2025年上半年为 381元/吨，"可以看出，水泥价格逐年下跌，今年上半年水泥价格呈现持续下跌趋势，同时，水泥行业 的利润也逐渐下降。"上海钢联百年建筑网水泥首席分析师江元林认为，行业"反内卷"旨在促进水泥价 格回归合理区间。 本报记者 许林艳 近日召开的中央财经委员会第六次会议强调，纵深推进全国统一大市场建设，要聚焦重点难点，依法依 规治理企业低价无序竞争，引导企业提升产品品质，推动落后产能有序退出。 "减产、陆续出清尾部产能是行业'反 ...

Group 1 - The company issued 5.1 million convertible bonds with a total value of 510 million yuan, approved by the China Securities Regulatory Commission on September 29, 2022 [1][19] - The bonds have a maturity period of six years, from September 29, 2022, to September 28, 2028, with a conversion period starting from April 12, 2023, to September 28, 2028 [1][4] - The initial conversion price is set at 6.04 yuan per share, subject to adjustments based on specific corporate actions [4][5] Group 2 - The company plans to use the raised funds for projects including the construction of high-performance glass fiber cotton and clean air filtration materials, with a total investment of 53.01 million yuan [13][14] - The company has established a special account for the management of the raised funds, ensuring compliance with regulations [19][23] - The company has a credit rating of "AA-" for the bonds, indicating a strong creditworthiness [19][24] Group 3 - The company reported a 12.90% increase in operating revenue for 2024 compared to 2023, despite a decrease in overall revenue due to the exclusion of a subsidiary from consolidation [17] - The net profit attributable to shareholders increased by 192.52% to 56.25 million yuan, with basic earnings per share at 0.0888 yuan [17][18] - The company maintains a healthy liquidity position, with a current ratio of 5.50 and a quick ratio of 4.77 [24]

玻璃行业专家电话会议 20250703 摘要 光伏玻璃行业普遍亏损：受需求下降和产能增加影响，光伏玻璃价格低 迷，一线企业完全成本约 12.5-13 元/平方米，二三线企业 14-15 元/平 方米，全行业基本处于亏损状态，需关注成本控制和价格走势。 头部企业限产减产：为应对供需失衡，宁夏金新义、杨巴镇、宜兴等地 部分生产线已停窑或闷窑，减产量接近 10%，但进一步减产 30%的目 标执行难度大，关注减产措施对市场供需的影响。 冷修与新增产能并存：2024 年冷修多条生产线，2025 年已点火 8 座窑 炉，新增产能约 8,000-9,000 吨，总产能接近 13 万吨，实际运行产能 约 9 万吨，库存压力大，关注新增产能释放对价格的冲击。 建筑玻璃复产潜力：若盈利恢复至 12.5 元/平方米以上，头部企业和经 营较好企业或将复产，预计复产比例可达 50%，但小窑炉恢复生产概率 较低，关注价格回升对企业复产意愿的影响。 落后产能淘汰：行业内卷需淘汰落后和高能耗产能，但现行标准难以执 行，政策可能通过组织评审选择性淘汰，全面淘汰难度大，关注政策调 整对行业结构的影响。 Q&A 目前光伏玻璃行业的盈利情况如何？ ...

[Table_Invest] 优于大势 水泥、光伏玻璃等行业反内卷加速 水泥： [Table_Summary] 水泥行业协会大力推动反内卷。7 月 1 日，中国水泥协会发布《关于进 一步推动水泥行业"反内卷""稳增长"高质量发展工作的意见》，要求 所有会员企业切实推动水泥行业熟料生产线备案产能与实际产能的统一 工作，逐条逐项核查自身熟料生产线的备案产能与实际产能差异情况， 对于实际产能大于备案产能的企业，尽快按《实施办法》补齐产能差额 并完善备案、环评、能评等相关手续，依法依规按备案日产能和年产能 组织生产。 我国 2025H1 水泥价格同比小幅恢复。据国家统计局统计，我国 2025 年 年初至 6 月 20 日 P.O 42.5 散装普通水泥市场均价 332 元/吨，较 2024H1 平均同比+14 元/吨，较 2024 年全年平均+2 元/吨。据水泥行情通大数据 6 月 27 日消息，为改善经营状况，6 月 20 日北京、天津、唐山、秦皇岛 等地水泥企业通知上调水泥价格 30 元/吨。6 月 24 日起石家庄、邢台、 邯郸等地区主导水泥企业通知上调水泥价格 30 元/吨，6 月 25 日起河南 地区水泥企 ...

3、中国有色金属工业协会硅业分会报道，目前硅片价格几乎低于所有在产硅片企业现金成本，企业挺 价意愿较强；低价行情下，硅片厂减产力度明显增强。 4、工信部召开第十五次制造业企业座谈会强调，依法依规、综合治理光伏行业低价无序竞争，引导企 业提升产品品质，推动落后产能有序退出。 5、美越贸易协定将对转运货物征收40%关税，外交部对此表示，中方一贯主张各方通过平等对话，协 商解决经贸分歧，同时有关谈判和协议不应针对或损害第三方的利益。 6、3天2板未名医药：公司存在触发其他风险警示的情形。财富趋势：实际控制人兼董事长拟减持不超 过3%公司股份。2连板亚玛顿："光伏玻璃行业部分企业阶段性下调产能"的采访中 未涉及公司自身的生 产安排或业绩预测。3天2板华银电力：预计半年度归母净利润1.8亿-2.2亿元（未经审计）。2连板巨力 索具：公司不存在违反信息公平披露的情形。6连板诚邦股份：控股股东方利强与一致行动人质押比例 较高。万科A：向深铁集团申请不超过62.49亿元借款并展期部分已有借款。8天6板大东南：公司产品 CPP铝塑膜适用于固态锂电池的封装 但目前并未生产该产品。 智通财经7月3日晚间新闻精选 1、国家药监局发布 ...

Investment Rating - The report maintains a "Recommendation" rating for the building materials industry [2] Core Views - The real estate policy continues to stabilize, which is expected to support the recovery of leading companies in the consumption building materials sector [14][15] - The cement market is experiencing continued low demand and overall price decline, with a national average shipment rate of 43.4% [11][21] - The float glass market is facing price declines and weak supply-demand support, with a current average price of 1174 RMB/ton [12][21] - The fiberglass market shows stable pricing for alkali-free roving, while electronic yarn prices remain steady [13] Summary by Sections Industry Dynamics - The cement market saw a price drop of 1.1% this week, with significant declines in various regions, while some areas like Jilin and Henan experienced slight price increases [11][21] - The float glass market's average price decreased by 7.14 RMB/ton, with a total production of 1.0909 million tons this week, reflecting a year-on-year decline of 8.2% [12][21] - The fiberglass market remains stable, with prices for alkali-free roving around 3500-3600 RMB/ton, while electronic yarn prices are expected to remain stable due to tight supply [13] Consumption Building Materials - The real estate policy is expected to drive demand for high-quality building materials, with the "Good House" national standard promoting industry transformation [14][15] - The report highlights the potential for recovery in the consumption building materials sector, particularly for leading companies [15] Recommended Stocks - Key recommended stocks include Weixing New Materials, Keda Manufacturing, Mona Lisa, Beixin Building Materials, Keshun Co., Dongpeng Holdings, with a focus on companies like China National Materials and Tianan New Materials [16][18]

根据相关法律法规，中山市古镇镇人民政府向中山市古镇永鸣发玻璃制品加工厂开出行政处罚决定书： 罚款31万元。 后于2025年1月20日至2025年3月14日期间，当事人未依法取得排污许可证，建成的玻璃加工生产项目需 配套的环境保护设施未建成，未验收，建设项目即投入生产，生产过程产生的有机废气未经处理直接排 放；清洗废水直接通过下水道排入市政管网。 前述违法行为于2025年3月14日被中山市古镇镇生态环境保护局查获。经执法人员责令改正，当事人已 于2025年3月14日停止生产，于2025年3月31日复查时没有生产，已完成整改，但未于2025年3月31日前 完成建设项目环境影响报告表审批，亦未于2025年3月31日前完成建设项目竣工验收及办理排污许可 证。 南都讯记者黄敬奎未依法报批建设项目环境影响报告表，擅自开工建设。7月2日，中山市古镇镇人民政 府向中山市古镇永鸣发玻璃制品加工厂开出行政处罚决定书：罚款31万元。 据"粤中古镇执罚字〔2025〕080366号"显示，经调查，中山市古镇永鸣发玻璃制品加工厂未依法报批建 设项目环境影响报告表，擅自在位于中山市古镇镇海洲教昌大道海滨路3号之1首层第1卡的经营场所内 开 ...

智通财经7月3日电，亚玛顿(002623.SZ)公告称，公司股票连续两个交易日收盘价格涨幅偏离值累计超 过20%，属于股票交易异常波动情况。公司于近日在接受媒体记者关于"光伏玻璃行业部分企业阶段性 下调产能"的采访中对行业动态以及公司海外投资战略进行了客观说明，未涉及公司自身的生产安排或 业绩预测，更未涉及公司应披露而未披露的重大事项。 2连板亚玛顿：就"光伏玻璃行业部分企业阶段性下调产能"的采访中 未涉及公司自身的生产安排或业绩 预测 ...

Core Viewpoint - The photovoltaic glass sector is experiencing a significant rally, with major companies planning to collectively reduce production by 30% starting in July to alleviate intense competition and improve supply-demand balance [1][2][3] Group 1: Market Performance - The photovoltaic glass index rose by 6.46%, with several stocks, including Dongfang Risen and Kaisheng New Energy, hitting the daily limit [1] - Anticipated production cuts are expected to decrease domestic glass output to around 45GW in July [1] Group 2: Production Cuts - The actual reduction actions began in mid-June, with uncertainty about whether the 30% target will be met [1][2] - Some companies, like Fulete and Tuojin New Energy, have not confirmed participation in the production cuts, indicating a lack of consensus among firms [2][3] Group 3: Inventory and Pricing - Current inventory levels have increased, with typical glass inventory days rising from just over 20 days to around 34 days [2][3] - Photovoltaic glass prices have dropped significantly, with 2.0mm glass averaging 11 CNY/sqm, below the cost line, and a year-on-year decline of 24% [4][6] Group 4: Financial Impact - Major companies are facing substantial profit declines, with Fulete's net profit down 63.52% and other firms like Nanfang A and Jinjing Technology experiencing declines of over 80% [6] - The ongoing price drop has led to losses for several companies, with expectations for recovery contingent on improved component demand and pricing stability [6][7] Group 5: Future Outlook - The recovery of glass prices is dependent on two main factors: the price of soda ash and the stability of component demand, with projections suggesting potential recovery by late August or September [7] - The domestic photovoltaic glass industry holds 90% of global capacity, facing challenges from export policies and a shift towards Southeast Asian markets for future growth [8]

Group 1 - The Low-E glass concept increased by 2.38%, ranking 8th among concept sectors, with seven stocks rising, including Yamaton and Yaopi Glass hitting the daily limit [1] - Notable gainers in the Low-E glass sector include Wanshun New Materials, which rose by 7.18%, and Xinsai Co., which increased by 1.37% [1] - The sector experienced a net outflow of 0.25 billion yuan in main funds, with Wanshun New Materials receiving the highest net inflow of 46.49 million yuan [2][3] Group 2 - The main fund inflow ratios for leading stocks in the Low-E glass sector are as follows: Yamaton at 52.06%, Hainan Development at 10.65%, and Wanshun New Materials at 6.50% [3] - The trading performance of key stocks includes: Wanshun New Materials up by 7.18% with a turnover rate of 16.63%, Yamaton up by 10.02% with a turnover rate of 1.29%, and Hainan Development up by 0.21% with a turnover rate of 2.82% [3][4] - Decliners in the sector include Nanbo A, which fell by 0.83%, and Sanxia New Materials, which decreased by 0.30% [1][4]