（文章来源：证券日报） 证券日报网讯 1月6日，青松建化在互动平台回答投资者提问时表示，公司聚焦主业，做强做优主业， 以实实在在的业绩回报股东。 ...

（文章来源：证券日报） 证券日报网讯 1月6日，青松建化在互动平台回答投资者提问时表示，公司立足新疆、建设新疆，致力 于为新疆发展贡献力量。 ...

上峰水泥公告，公司以全资子公司宁波上融物流有限公司为出资主体，拟出资9000万元与苏州工业园区 兰璞创业投资管理合伙企业（有限合伙）合作，合资成立私募股权投资基金——苏州睿存创业投资合伙 企业（有限合伙），该基金总认缴出资额为17300万元，投资后，宁波上融在苏州睿存基金的出资占比 为52.02%。投资方向主要为半导体材料、设备及零部件等硬科技领域，亦可投资主要投向为半导体材 料、设备及零部件等硬科技领域的私募股权投资基金。 (本文来自第一财经) ...

Core Viewpoint - Huanxin Building Materials experienced a stock price decline of 2.02% on January 6, 2025, with a current price of 24.71 CNY per share and a market capitalization of 51.372 billion CNY [1] Group 1: Financial Performance - For the period from January to September 2025, Huanxin Building Materials achieved a revenue of 25.033 billion CNY, representing a year-on-year growth of 1.27% [2] - The net profit attributable to shareholders for the same period was 2.004 billion CNY, showing a significant year-on-year increase of 76.01% [2] - Cumulative cash dividends since the A-share listing amount to 14.3 billion CNY, with 3.833 billion CNY distributed over the last three years [3] Group 2: Stock and Shareholder Information - As of September 30, 2025, the number of shareholders for Huanxin Building Materials was 42,600, a decrease of 6.81% from the previous period [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 62.0928 million shares, an increase of 5.1895 million shares from the previous period [3] - The Southern CSI 500 ETF is the eighth largest circulating shareholder, holding 9.7813 million shares, which is a decrease of 213,700 shares from the previous period [3] Group 3: Business Overview - Huanxin Building Materials is primarily engaged in the manufacturing and sales of cement, with cement sales accounting for 54.56% of total revenue, followed by concrete sales at 21.54%, aggregate sales at 17.22%, and other products at 4.21% [1] - The company is involved in various activities including cement technology services, manufacturing and repairing cement equipment, and international contracting for construction projects [1]

Market Overview - In December 2025, the A-share market showed a "high-level fluctuation and structural switching" pattern, with the Shanghai Composite Index rising by 2.06% and the Shenzhen Component Index increasing by 4.17%[7] - The average return of the stock portfolio in December was 6.20%, outperforming the CSI 300 Index, which rose by 2.28%[7] Stock Recommendations - **Hengrui Medicine (600276)**: Closing price at 59.57 CNY, focusing on innovative drugs with a projected EPS of 1.31 CNY for 2025[10][12] - **Luoyang Molybdenum (603993)**: Closing price at 20.00 CNY, benefiting from copper and gold business expansion, with an EPS forecast of 0.88 CNY[15][18] - **Huaxin Cement (600801)**: Closing price at 24.54 CNY, with a focus on overseas expansion and an EPS estimate of 1.42 CNY[19][22] - **Sanmei Co., Ltd. (603379)**: Closing price at 60.72 CNY, specializing in refrigerants, with an EPS forecast of 3.50 CNY[23][27] - **CATL (300750)**: Closing price at 367.26 CNY, with a valuation recovery theme and an EPS estimate of 15.00 CNY[28][31] - **Sungrow Power Supply (300274)**: Closing price at 171.04 CNY, benefiting from favorable conditions in new energy storage, with an EPS forecast of 7.12 CNY[32][35] - **Sany Heavy Industry (600031)**: Closing price at 21.13 CNY, focusing on engineering machinery with an EPS estimate of 0.99 CNY[36][39] - **Inovance Technology (300124)**: Closing price at 75.33 CNY, focusing on industrial control with an EPS forecast of 2.07 CNY[40][42] - **North Huachuang (002371)**: Closing price at 459.08 CNY, specializing in semiconductor equipment with an EPS estimate of 9.95 CNY[43][45] Risks and Considerations - The report indicates a medium to high risk level for the stock portfolio, emphasizing the need for cautious investment decisions based on the accuracy and completeness of the information provided[6][3] - Potential risks include macroeconomic fluctuations, raw material price volatility, and regulatory changes affecting industry dynamics[11][18][19]

资料显示，华新建材集团股份有限公司位于湖北省武汉市东湖新技术开发区高新大道426号华新大厦B 座,香港铜锣湾希慎道33号利园1期19楼1917室，成立日期1993年11月30日，上市日期1994年1月3日，公 司主营业务涉及水泥制造和销售、从事水泥技术服务、水泥设备的研究、制造及安装修理、水泥进出口 贸易商品混凝土、骨料及其他建材制品的制造、销售;承包境外建材行业工程及境内国际招标工程;对外 派遣实施上述境外工程所需的劳务人员等。主营业务收入构成为：水泥销售54.56%，混凝土销售 21.54%，骨料销售17.22%，其他4.21%，熟料销售2.47%。 华新建材所属申万行业为：建筑材料-水泥-水泥制造。所属概念板块包括：水电概念、增持回购、 MSCI中国、大盘、融资融券等。 截至9月30日，华新建材股东户数4.26万，较上期减少6.81%；人均流通股0股，较上期增加0.00%。2025 年1月-9月，华新建材实现营业收入250.33亿元，同比增长1.27%；归母净利润20.04亿元，同比增长 76.01%。 1月5日，华新建材盘中上涨2.12%，截至10:49，报25.06元/股，成交9841.05万元，换 ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The real estate sector remains a foundational industry for the national economy, contributing 13% to GDP and directly supporting 70 million jobs in China. The potential for new residential construction is significant, estimated at 10 million to 14.9 million units annually, translating to approximately 600 to 900 million square meters of new housing [1][11] - There is a substantial demand for housing updates, with an estimated 700 million square meters needed annually due to a 2% depreciation rate on the existing housing stock of approximately 35 billion square meters [1][11] - The business model in real estate is shifting from a high-cost model to an integrated approach of product-service-operation, emphasizing quality and diverse living services over mere availability [1][11] - The capital market is expected to see an 18.4% increase in the Shanghai Composite Index in 2025, while the building materials index, excluding the fiberglass sector, is underperforming. Companies with strong alpha attributes in the real estate chain are gaining market recognition despite the overall industry not stabilizing yet [2][12] - The report highlights the importance of monitoring the fundamental changes in the real estate sector in 2026, as well as the performance of companies like China Jushi, which is planning to grant stock options to employees, indicating a focus on long-term profitability [2][12] Summary by Sections Weekly Discussion - The real estate sector is crucial for the economy, with a significant contribution to GDP and employment. The potential for new housing construction is substantial, and there is a large demand for housing updates [1][11] - The shift in real estate business models towards integrated services is noted, with a call for decisive policy support to avoid market and policy conflicts [1][11] Market Performance - The building materials index has decreased by 1.25%, with specific sectors like glass manufacturing and fiberglass showing notable declines. The overall market sentiment remains cautious [2][16] - Despite the downturn, certain companies in the real estate supply chain are experiencing growth and valuation premiums, indicating potential investment opportunities [2][12] Price Changes in Building Materials - The average price of cement has decreased to 353 CNY per ton, with a national average shipment rate of 40.3%. The market is experiencing downward pressure on prices due to weak demand [3][20][21] - The price of float glass has seen a slight decline, with the average price at 1121.29 CNY per ton. Inventory levels are decreasing, but overall market sentiment remains weak [3][28][42] - The fiberglass market is stable, with prices for 2400tex direct yarn remaining steady at around 3535.25 CNY per ton, indicating a balance between supply and demand [3][49][53]

（来源：经济日报） 转自：经济日报 伊拉克北部库尔德自治区（库区）苏莱曼尼亚市城郊，群山起伏，寒意渐浓。两条依山而建的现代化水 泥生产线运转平稳，银灰色的生产设备在阳光下熠熠生辉，一袋袋水泥成品装车外运，发往伊拉克各地 的建设一线。 这里是由苏州中材建设有限公司（以下简称"苏州中材"）承建并运维的伊拉克德尔塔水泥厂。这家中企 承担从矿山开采、熟料生产到水泥成品存储的全流程运营管理，并为厂区生产线提供全周期维修保养。 当地水泥分销商萨米尔·哈立德告诉记者，在战后很长一段时间，伊拉克本土产能严重受损，建材严重 依赖进口，制约重建进程。随着中企承建的多条现代化水泥生产线相继投产，伊拉克本土建材供应能力 显著提升，有力支撑了伊拉克的基础设施建设。 为应对伊拉克电力短缺、供电不稳的长期民生痛点，苏州中材承建了15兆瓦余热发电装置和50兆瓦光伏 电站，打造以清洁能源为主体的多元供电体系。光伏电站年发电量预计约8400万千瓦时，为水泥厂提供 稳定生产用电的同时，每年可减排二氧化碳约6万吨、二氧化硫约6吨、氮氧化物约11吨。 苏州中材库区运维项目经理龚腾表示，在跨国合作海外实践中践行绿色发展理念，既是海外中企理应承 担的社会 ...

（来源：工人日报） 伊拉克北部库尔德自治区苏莱曼尼亚市城郊，坐落着由苏州中材建设有限公司承建并运维的伊拉克德尔 塔水泥厂。项目伊方业主代表奥马尔·侯赛因告诉记者："水泥是建筑工业的基础和'血肉'，中企承建的 现代化水泥生产线运行稳定，产品质量可靠，有效缓解了伊拉克本地水泥产业设备老化、产能不足的困 境，为伊拉克重建发展提供了坚实物质保障。" ...

于2025年12月31日，公司(为其自身及代表集团相关成员)与海螺制剂签订了《脱硫剂、水处理剂采购框 架协议》。根据该协议，集团拟在2026年1月1日至2026年12月31日期间，向海螺制剂采购脱硫剂、水处 理剂。《脱硫剂、水处理剂采购框架协议》项下预计总交易金额(即2026年度上限)为不超过人民币1.49 亿元。 格隆汇12月31日丨海螺水泥(00914.HK)公告，于2025年12月31日，公司(为其自身及代表集团相关成员) 与海螺制剂签订了《燃烧促进剂、熔解促进剂采购框架协议》。根据该协议，集团拟在2026年1月1日至 2026年12月31日期间，向海螺制剂采购燃烧促进剂、熔解促进剂。《燃烧促进剂、熔解促进剂采购框架 协议》项下预计总交易金额(即2026年度上限)为不超过人民币1.51亿元。 ...