本报记者 孙云柯 站在昌平区南口村东南方向的老爷山上，71岁的左成朝着连长隆桂铨的墓碑深深鞠躬。 这里是1937年南口战役罗芳珪团与日军交战的前沿阵地，面对日军的猛烈攻势，罗芳珪团的战士们毫不退让、英勇杀敌，一个排的战士打光了，后面的战士 继续顶上，战斗激烈时，老爷山一天就失守又夺回反复数次…… 战争的硝烟散去，南口镇和平发展。20世纪五六十年代，"三大厂"相继建成投产，鹿牌保温瓶等产品畅销全国，南口成为红极一时的工业重镇。如今，"三 大厂"蝶变成清华南口国重基地，14个国家重点实验室将落地投用。 南口这片红色热土，正沿着科技复兴的道路加速向前。 实验室内仍保留碎玻璃回收仓，现已成为艺术装置。南口 镇供图 老爷山所在的制高点，正是两军交战的前沿阵地。战斗中，日寇凭借其优势兵器飞机、坦克、大炮等，每日向我阵地倾泻数千发炮弹、炸弹，依山修筑的工 事，刚修好就被毁，再修好，再被毁。但中国军队凭借誓死保卫祖国的决心，以步枪、手榴弹、大刀与敌军拼杀，一次又一次打退敌人的进攻。战斗之惨 烈、残酷，惊天地、泣鬼神。 南口战役历时近20天，至8月26日结束，中国军民以伤亡3万余人的代价，击毙击伤日军1.5万人，打乱了日寇的作 ...

《福耀玻璃2025年度第二期超短期融资券发行情况公告》 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 截至2025年9月15日收盘，福耀玻璃（600660）报收于71.35元，较前一交易日上涨0.42%，最新总市值 为1862.05亿元。该股当日开盘71.02元，最高71.78元，最低70.56元，成交额达8.08亿元，换手率为 0.57%。 公司近日发布公告称，福耀玻璃工业集团股份有限公司于2025年9月11日在全国银行间市场公开发行 2025年度第二期超短期融资券（简称"25福耀玻璃SCP002"，代码012582203），发行总额为人民币5亿 元，期限270天，发行价格为100元（百元面值），发行利率为1.75%（年利率），起息日为2025年9月 12日，兑付方式为到期一次性还本付息。主承销商为交通银行股份有限公司。募集资金主要用于偿还公 司金融机构借款。本期超短期融资券发行注册金额为人民币20亿元，注册额度自2024年2月6日《接受注 册通知书》（中市协注〔2024〕SCP40号）落款之日起2年内有效，可分期发行。相关文件 ...

证券日报网讯 9月15日晚间，福耀玻璃发布公告称，2025年9月11日，公司在全国银行间市场公开发行 2025年度第二期超短期融资券（简称"25福耀玻璃SCP002"），超短期融资券代码012582203，发行总额 为人民币5亿元，本期超短期融资券的期限为270天，发行价格为100元（百元面值），发行利率为 1.75%（年利率），主承销商为交通银行股份有限公司，起息日为2025年9月12日，兑付方式为到期一 次性还本付息。本次募集资金主要用于偿还公司的金融机构借款。 （文章来源：证券日报） ...

福耀玻璃（600660）(03606)公布，2025年9月11日，公司在全国银行间市场公开发行2025年度第二期超 短期融资券(简称"25福耀玻璃SCP002")，超短期融资券代码012582203，发行总额为人民币5亿元，本期 超短期融资券的期限为270天，发行价格为100元(百元面值)，发行利率为1.75%(年利率)，主承销商为交 通银行股份有限公司，起息日为2025年9月12日，兑付方式为到期一次性还本付息。本次募集资金主要 用于偿还公司的金融机构借款。 ...

Report Industry Investment Rating - Not mentioned in the provided content Core Viewpoint - The current profit of float glass enterprises is relatively stable, and the daily melting volume is also stable. There are no plans for water release or ignition of production lines this week, so the output is expected to run smoothly. The terminal demand for float glass remains weak. The negotiation focus in the East China market has moved up. Driven by the rise in the peripheral market, prices in Shandong and northern Jiangsu have followed suit, which has boosted production and sales. The overall shipment of enterprises is okay. It is expected that the glass price will fluctuate in the near term, with the support level for the 01 contract at 1140. It is recommended to go long on dips in the short term and pay attention to stop - loss [2][23] Summary by Directory Chapter 1: Market Review - The spot negotiation focus in the domestic float glass market has risen, and the average price this week was 1160 yuan/ton, an increase of 5.31 yuan/ton from the previous period. In the North China market, overall shipment was good, inventory decreased, and prices were raised. In the East China market, the negotiation focus moved up, and prices in Shandong and northern Jiangsu increased by 20 yuan/ton, followed by enterprises in Anhui and Zhejiang with increases of 20 - 40 yuan/ton. Although the overall shipment was okay, most lacked confidence in the future market due to limited improvement in downstream orders [8] Chapter 2: Price Influence Factor Analysis 2.1 Supply - Demand Analysis - **Supply - side**: As of September 11, the average start - up rate of the float glass industry was 76.01%, a month - on - month increase of 0.1 percentage points; the average capacity utilization rate was 80.08%, a month - on - month increase of 0.3 percentage points. There are no plans for water release or ignition of production lines this week, so the output is expected to be stable. The weekly average profit of float glass using different fuels has different changes [12] - **Demand - side**: As of September 1, 2025, the average order days of national deep - processing sample enterprises was 10.4 days, a month - on - month increase of 7.8% and a year - on - year increase of 8.3%. However, the terminal demand for float glass remains weak. From January to August 2025, the cumulative real estate completion area was 276940,000 square meters, a year - on - year decrease of 17%. In August 2025, the inventory warning index of Chinese auto dealers was 57%, a year - on - year increase of 0.8 percentage points and a month - on - month decrease of 0.2 percentage points. The production and sales of automobiles in August were 2.815 million and 2.857 million respectively [14] - **Inventory**: As of September 11, 2025, the total inventory of national float glass sample enterprises was 61.583 million heavy boxes, a month - on - month decrease of 1.467 million heavy boxes, a month - on - month decrease of 2.33% and a year - on - year decrease of 14.94%. The inventory days were 26.3 days, a decrease of 0.6 days from the previous period. The inventory in North China and East China markets has decreased [17] 2.2 Position Analysis - As of September 12, the long position of the top 20 members in glass futures was 770,040, an increase of 6982, and the short position was 986,666, an increase of 35,331. The net position of the top 20 members was bearish [20] Chapter 3: Market Outlook and Investment Strategy - The current profit and daily melting volume of float glass enterprises are stable. There are no plans for water release or ignition of production lines this week, so the output is expected to run smoothly. The terminal demand for float glass remains weak. The negotiation focus in the East China market has moved up, which has boosted production and sales. The overall shipment of enterprises is okay. Attention should be paid to the change in float glass demand in the later stage. It is expected that the glass price will fluctuate in the near term, with the support level for the 01 contract at 1140. It is recommended to go long on dips in the short term and pay attention to stop - loss [23]

Group 1: Investment Rating - The investment rating for both the glass and soda ash industries is bearish [3][4] Group 2: Core Viewpoints - The fundamentals of the glass and soda ash industries are poor, and prices are under pressure. The glass industry has increasing supply, potential demand improvement in the peak season, and high inventory. The soda ash industry has high supply, neutral demand, and weakened cost support [3][4] - The overall market sentiment is not good due to the "anti - involution" logic and weak reality. The trading strategy recommends a cash - and - carry arbitrage [3][4] Group 3: Summary by Directory Part One: Main Viewpoints and Strategy Overview - **Glass**: Supply is slightly increasing with a daily output of 160200 tons (+0.38% compared to the 4th), an industry start - up rate of 76.01% (unchanged), and a capacity utilization rate of 80.08% (+0.3 percentage points). Demand may improve marginally in the peak season. Inventory decreased by 2.33% week - on - week to 61.583 million heavy cases. The investment view is bearish, and the trading strategy suggests a cash - and - carry arbitrage [3] - **Soda Ash**: Supply is at a high level with a weekly output of 761100 tons (+1.24% week - on - week). Demand is neutral with stable short - term direct demand but poor terminal demand. Inventory decreased by 1.35% week - on - week to 1.7975 million tons. The investment view is bearish, and the trading strategy recommends a cash - and - carry arbitrage [4] Part Two: Futures and Spot Market Review - **Glass**: The price fluctuated this week. The main contract closed at 1180 (-9), and the Shahe spot price was 1072 (+16). The basis fluctuated, and the 01 - 05 spread decreased [6][20] - **Soda Ash**: The price fluctuated this week. The main contract closed at 1290 (+25), and the Shahe spot price was 1197 (+5). The basis and the 01 - 05 spread both fluctuated [11][20] Part Three: Supply - Demand Fundamental Data - **Glass Supply**: Production increased steadily. The daily output was 160200 tons (+0.38% compared to the 4th). The start - up rate was 76.01% (unchanged), and the capacity utilization rate was 80.08% (+0.3 percentage points). The production profit fluctuated [23] - **Glass Demand**: The downstream deep - processing orders were weak, and the real - estate completion data was poor. However, inventory decreased by 2.33% week - on - week to 61.583 million heavy cases [28] - **Soda Ash Supply**: Production reached a high level again, with a weekly output of 761100 tons (+1.24% week - on - week). The alkali plant profit fluctuated [31] - **Soda Ash Demand**: Demand was neutral. Short - term direct demand was stable, but terminal demand was poor. Inventory decreased by 1.35% week - on - week to 1.7975 million tons [32]

品种 核心观点 主要逻辑 PTA ★ 谨慎看空 加工费整体偏低，新装置投产预期叠加前期检修装置复产，开工负荷略有 提升，供应端压力有所增加；市场存"金九银十"消费旺季预期，需求端 略显偏好，下游聚酯及终端织造开工负荷持续回升。9 月 pta 供需紧平衡 预期四季度宽松，叠加美联储 9 月降息概率增加，地缘风险尚未解除，市 场风险偏好提升。OPEC+9 月按计划增产，油价震荡偏弱。基差偏弱，但 TA 加工费整体偏低，关注做扩加工费机会。策略：空单谨持，关注做扩 PTA 加工费机会。 乙二醇 ★ 谨慎看空 国内装置略微降负、海外装置变动不大，到港及进口相对较低；市场仍存 消费旺季预期，下游聚酯及终端织造开工负荷持续回升。同时乙二醇库存 整体偏低，对盘面价格有所支撑。9 月累库压力不大。乙二醇库存整体偏 低，对盘面价格有所支撑。近期市场交易新装置投产预期（久泰新材料近 期投产、裕龙石化 9 月底前投产），区间震荡偏弱，谨慎看空。策略：空 单持有，关注逢高布空机会。 甲醇 ★ 谨慎看空 本周整体检修量有所提升，开工负荷下滑但依旧维持高位；海外甲醇装置 负荷再次提升且处于同期高位，与此同时，甲醇月度到港量亦处近五年同 ...

资料显示，凯盛新能源股份有限公司位于河南省洛阳市西工区唐宫中路9号，成立日期1996年8月7日， 上市日期1995年10月31日，公司主营业务涉及新能源玻璃等玻璃新材料的生产和销售、技术服务。主营 业务收入构成为：新能源玻璃99.34%，其他(补充)0.66%。 凯盛新能所属申万行业为：建筑材料-玻璃玻纤-玻璃制造。所属概念板块包括：小盘、央企改革、太阳 能、光伏玻璃、特种玻璃等。 截至6月30日，凯盛新能股东户数3.04万，较上期增加0.05%；人均流通股0股，较上期增加0.00%。2025 年1月-6月，凯盛新能实现营业收入16.73亿元，同比减少43.82%；归母净利润-4.49亿元，同比减少 719.59%。 9月15日，凯盛新能盘中上涨2.41%，截至10:21，报11.05元/股，成交1896.63万元，换手率0.44%，总市 值71.35亿元。 分红方面，凯盛新能A股上市后累计派现2590.00万元。近三年，累计派现0.00元。 资金流向方面，主力资金净流入70.24万元，大单买入149.73万元，占比7.89%，卖出79.49万元，占比 4.19%。 机构持仓方面，截止2025年6月30日，凯 ...

上市企业：旗滨集团（601636）,南玻Ａ（000012）,福耀玻璃（600660）,金晶科技（600586）,凯盛新能 （600876）,耀皮玻璃（600819）,山东药玻（600529）,亚玛顿（002623） 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 相关报告：智研咨询发布的《2025-2031年中国钢化玻璃行业市场供需态势及发展前景研判报告》 根据国家统计局数据显示：2025年5月中国钢化玻璃产量为0.4亿平方米，同比下降12.1%；2025年1-5月 中国钢化玻璃累计产量为2亿平方米，累计下降11.2%。 2020-2025年1-5月中国钢化玻璃产量统计图 ...

| 玻璃纯碱早报 | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | 研究中心能化团队 | | 2025/9/15 | | | 玻 璃 | | | | | | | | | | | | | 2025/9/12 周度变化 日度变化 | 2025/9/5 | 2025/9/11 | | | | | 2025/9/5 | 2025/9/11 | | 2025/9/12 周度变化 日度变化 | | | 沙河安全 5mm大 板 | 1130.0 | 1144.0 | 1144.0 | 14.0 | 0.0 | FG09合约 | 991.0 | 989.0 | 968.0 | -23.0 | -21.0 | | 沙河长城 5mm大板 | 1113.0 | 1147.0 | 1147.0 | 34.0 | 0.0 | FG01合约 | 1189.0 | 1185.0 | 1180.0 | -9.0 | -5.0 | | 沙河5mm大 板低价 | 1 ...