证券之星消息，10月9日装修建材板块较上一交易日上涨0.61%，万里石领涨。当日上证指数报收于 3933.97，上涨1.32%。深证成指报收于13725.56，上涨1.47%。装修建材板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002785 | 万里石 | 37.47 | 10.01% | 10.65万 | 3.94亿 | | 002066 | 瑞泰科技 | 15.50 | 5.23% | 11.71万 | 1.80亿 | | 920792 | 东和新材 | 13.28 | 5.06% | 3.22万 | 4193.47万 | | 603378 | 亚士创能 | 5.94 | 4.39% | 14.16万 | 8262.96万 | | 605318 | 法师龙 | 42.88 | 2.63% | 3.49万 | 1.49亿 | | 688119 | 中钢溶耐 | 4.39 | 2.57% | 12.27万 | 5329.00万 | | 002652 | 扬子新材 | 3 ...

Core Viewpoint - The renovation and building materials sector experienced a slight increase, closing at 15,153.32 points with a growth rate of 0.02% on October 9, 2023, driven by several stocks in the sector showing positive performance [1] Group 1: Stock Performance - Wanli Stone led the sector with a closing price of 37.47 CNY per share, marking a growth of 10.01% [1] - Filinger achieved a closing price of 40.66 CNY per share, with a growth of 5.31%, ranking second in the sector [1] - Ruitai Technology closed at 15.15 CNY per share, reflecting a growth of 2.85%, placing it third among renovation and building materials stocks [1] - ST Sitong led the decline with a closing price of 7.81 CNY per share, down by 3.46% [1] - Mengbaihe closed at 8.68 CNY per share, with a decline of 3.45%, ranking second in losses [1] - Senying Windows closed at 41.79 CNY per share, down by 2.84%, placing it third in the decline [1] Group 2: Market Outlook - According to China Galaxy Securities, the retail sales of building and decoration materials are expected to grow by 1.8% year-on-year from January to August 2025 [1] - The demand in the home decoration market is anticipated to improve gradually due to favorable weather and the ongoing implementation of the old-for-new policy [1] - Urban renewal initiatives are expected to further stimulate demand for renovation and repair, boosting consumption in the building materials market [1]

证券之星消息，9月30日装修建材板块较上一交易日下跌0.43%，鲁阳节能领跌。当日上证指数报收于 3882.78，上涨0.52%。深证成指报收于13526.51，上涨0.35%。装修建材板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002392 | 北京利尔 | 66'6 | 2.99% | 32.30万 | 3.24亿 | | 002225 | 濮耐股份 | 5.89 | 2.08% | 37.19万 | 2.21亿 | | 002785 | 万里石 | 34.06 | 1.95% | 17.08万 | 5.77亿 | | 300374 | 中铁装配 | 16.31 | 1.75% | 8.32万 | 1.36亿 | | 603038 | 华立股份 | 17.43 | 1.40% | 9.94万 | 1.73亿 | | 605318 | 法师龙 | 41.78 | 1.16% | 3.58万 | 1.49亿 | | 603378 | 亚士创能 | 5.69 | 0.71 ...

Group 1 - The core viewpoint of the news is that China Railway Construction Assembly Co., Ltd. has experienced fluctuations in stock price and trading volume, with a current market value of 4.028 billion yuan and a year-to-date stock price decline of 7.30% [1] - As of September 19, the number of shareholders for China Railway Construction Assembly is 22,000, a decrease of 2.89% from the previous period, with an average of 8,880 circulating shares per shareholder, an increase of 2.97% [2] - The company reported a revenue of 871 million yuan for the first half of 2025, representing a year-on-year growth of 5.73%, while the net profit attributable to shareholders was -36.97 million yuan, showing a year-on-year increase of 24.35% [2] Group 2 - Since its A-share listing, China Railway Construction Assembly has distributed a total of 55.43 million yuan in dividends, with no dividends paid in the last three years [3]

Group 1 - Pingzhi Information has been selected as the eighth candidate for the "2025 China Unicom General Server Centralized Procurement Project" with a bid amount of approximately 451 million yuan [1] - The project involves the procurement of general servers primarily for cloud computing infrastructure [1] - Pingzhi Information was established in November 2002 and focuses on communication equipment, computing power, and operator equity products [1] Group 2 - Betta Pharmaceuticals has submitted an application for the issuance of H shares and listing on the Hong Kong Stock Exchange [2] - Betta Pharmaceuticals was founded in January 2003 and specializes in the production and sales of innovative drugs [2] Group 3 - Guangli Micro plans to sign an agreement with Zhejiang University to establish a joint research center for silicon photonics technology and measurement equipment [3] - The company will invest no less than 15 million yuan over three years for the center's development [3] - Guangli Micro was founded in August 2003 and provides a range of services including integrated circuit manufacturing and design [3] Group 4 - Shanhe Pharmaceutical's controlling shareholder and actual controller has changed due to the passing of Yin Zhenglong, with his wife and daughter inheriting shares [4] - After the change, Wu Changhong holds 20.172% of the total shares, while Yin Zhiya holds 6.724% [4] - Shanhe Pharmaceutical was established in April 2001 and focuses on the research, production, and sales of pharmaceutical excipients [5] Group 5 - Hengwei Technology plans to acquire 75% of Shanghai Shuhang Information Technology Co., Ltd. through a combination of share issuance and cash payment [6] - The acquisition will make Shuhang Technology a subsidiary of Hengwei Technology [6] - Hengwei Technology was founded in March 2003 and specializes in intelligent system solutions [7] Group 6 - Shougang Co. intends to repurchase its A-shares for an amount between 260 million yuan and 520 million yuan [8] - The repurchase will be used for implementing an equity incentive plan [8] - Shougang Co. was established in October 1999 and focuses on the production and sales of steel products [9] Group 7 - Pulit plans to build a 6GWh sodium-ion battery production base in Sichuan with a total investment of approximately 800 million yuan [10] - The project will be constructed in two phases, with the first phase having a capacity of 2GWh [10] - Pulit was founded in October 1999 and specializes in high polymer new materials and battery production [10] Group 8 - Saisir has proposed a cash dividend of 3.1 yuan per 10 shares for its A-share shareholders [10] - Saisir was established in May 2007 and focuses on the research, manufacturing, and sales of new energy vehicles [10] Group 9 - Guangyang Co. plans to establish a wholly-owned subsidiary for the development of precision components for robots [11] - The investment is part of a project to produce high-end components for new energy vehicles and robots [11] - Guangyang Co. was founded in April 1995 and specializes in precision components for various vehicles and equipment [11] Group 10 - Conch New Materials intends to acquire a 51% stake in North China Industrial Plastics Co., Ltd. for approximately 95.27 million yuan [12] - The acquisition will make North China Plastics a subsidiary of Conch New Materials [12] - Conch New Materials was established in October 1996 and focuses on the production and sales of plastic profiles and aluminum profiles [12] Group 11 - Daikin Heavy Industries has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange [13] - The company specializes in the production and sales of offshore wind power equipment [13] - Daikin Heavy Industries was founded in September 2003 [13] Group 12 - Tengya Precision plans to invest up to 8 million USD to establish a subsidiary in Vietnam for the production of garden robots and electric tools [14] - The project will involve leasing a factory in Dong Nai Province [14] - Tengya Precision was established in August 2000 and focuses on power tools and building hardware [15] Group 13 - Luoxin Pharmaceutical plans to raise up to 207 million yuan through a private placement for innovative drug research and development [16] - The funds will primarily support clinical research for specific innovative drugs [16] - Luoxin Pharmaceutical was founded in May 1998 and specializes in pharmaceutical product development [17] Group 14 - *ST Guohua's subsidiary has become the first candidate for a project with a bid of 236 million yuan [18] - The project involves a 90-day construction period [18] - *ST Guohua was established in May 1986 and focuses on mobile network security [19] Group 15 - Su Chen Technology plans to acquire 60% of Likong Technology for a total price of 192 million yuan [20] - The acquisition will make Likong Technology a secondary subsidiary of Su Chen Technology [20] - Su Chen Technology was founded in February 2006 and specializes in CAE software development [21] Group 16 - Qingmu Technology's major shareholder plans to reduce their stake by up to 276,000 shares [22] - The reduction is due to the shareholder's financial needs [22] - Qingmu Technology was established in August 2009 and provides comprehensive e-commerce operation services [23] Group 17 - Tongda Sea plans to acquire 40% of Jiangsu Sufuda Data Technology Co., Ltd. for 25.64 million yuan [24] - The acquisition will result in Tongda Sea holding 100% of Sufuda [24] - Tongda Sea was founded in March 1995 and provides information technology services for electronic government affairs [24] Group 18 - Rongsheng Development has signed a memorandum of cooperation to promote the development of the seaplane industry [25] - The cooperation will focus on infrastructure construction and talent training [25] - Rongsheng Development was established in December 1996 and specializes in real estate development [26] Group 19 - Jinma Amusement plans to repurchase 16.52% of its subsidiary for 60 million yuan [28] - The repurchase will convert the subsidiary into a wholly-owned entity [28] - Jinma Amusement was founded in November 2007 and focuses on amusement facilities and projects [28] Group 20 - Huilv Ecology plans to acquire 49% of Junheng Technology for 1.127 billion yuan [29] - The acquisition will make Junheng Technology a wholly-owned subsidiary [29] - Huilv Ecology was established in January 1990 and specializes in optical communication products and landscape engineering [30]

Market Performance - The renovation and building materials sector increased by 1.62% compared to the previous trading day, with Wanli Stone leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - The table lists various stocks in the renovation and building materials sector, showing their closing prices, percentage changes, trading volumes, and transaction amounts [1] - Notable declines include Youbang Zhidong at -3.37% and Ruitai Technology at -2.86%, while stocks like Luopusi Gold remained unchanged [1] Capital Flow - The renovation and building materials sector saw a net inflow of 15.27 million yuan from institutional investors, while retail investors contributed a net inflow of 28.35 million yuan [3] - The table details the capital flow for individual stocks, highlighting significant net inflows for Wanli Stone and Beixin Building Materials, while other stocks experienced net outflows from retail and speculative investors [3]

Investment Rating - The report maintains an "Accumulate" rating for the building materials industry [1] Core Views - The implementation of stable growth policies in the building materials sector is expected to strengthen anti-involution efforts, leading to potential growth opportunities [1][4] - The report highlights a rebound in industrial profits and improvements in the Producer Price Index (PPI), driven by anti-involution measures [4] - The report recommends several companies, including Huaxin Cement, Conch Cement, and Qibin Group, as well as consumer building materials firms like Oppein Home and Arrow Bathroom, indicating a positive outlook for these stocks [4][6] Summary by Sections 1. Industry Trends - The building materials sector experienced a decline of 2.11% this week, underperforming the CSI 300 and Wind All A indices, which gained 1.07% and 0.25% respectively [4] - The average price of high-standard cement nationwide is reported at 351.0 CNY/ton, with a week-on-week increase of 5.3 CNY/ton but a year-on-year decrease of 35.0 CNY/ton [4][18] - The average cement inventory ratio is 65.7%, up 0.9 percentage points from last week [25] 2. Cement Market - The report notes a slight decrease in cement demand due to weather conditions, with an average shipment rate of 46.5%, down 1.9 percentage points from last week [25] - The report anticipates that cement companies will continue to push for price increases as the fourth quarter approaches, with expectations for a rebound in prices [4][11] - Recommendations include leading companies such as Huaxin Cement and Conch Cement, which are expected to benefit from industry consolidation and improved profitability [11] 3. Glass Market - The average price of float glass is reported at 1224.7 CNY/ton, reflecting a week-on-week increase of 16.8 CNY/ton and a year-on-year increase of 47.6% [4] - The report suggests that the glass industry is currently facing a supply-demand stalemate, but mid-term supply-side adjustments are expected to improve pricing dynamics [13] - Flagship companies like Qibin Group are recommended due to their competitive advantages in resource access and potential profit growth from diversified business lines [13] 4. Fiberglass Market - The report indicates that the profitability of fiberglass is expected to improve in the medium term, with a focus on high-end products [12] - The report highlights that the industry is experiencing a gradual reduction in supply pressure, which is likely to stabilize prices [12][13] - Companies such as China Jushi are recommended for their strong market position and growth potential in emerging applications [12][13] 5. Consumer Building Materials - The report emphasizes the positive impact of government policies on consumer demand for building materials, with expectations for continued growth in the sector [14] - Companies like Oppein Home and Arrow Bathroom are highlighted for their strong market positions and potential for recovery in consumer spending [14] - The report suggests that the competitive landscape is improving, with many companies showing signs of profit recovery and growth strategies [14]

建筑材料 建材行业稳增长工作方案发布，关注水泥、玻璃供给侧变化 2025 年 9 月 22 日至 9 月 26 日建筑材料板块（SW）下跌 1.17%，其中 水泥（SW）下跌 0.95%，玻璃制造（SW）上涨 1.31%，玻纤制造（SW） 下跌 2.18%，装修建材（SW）下跌 1.32%，本周建材板块相对沪深 300 超额收益-1.78%。本期建筑材料板块（SW）资金净流入额为-18.93 亿元。 证券研究报告 | 行业周报 gszqdatemark 2025 09 27 年 月 日 分析师 沈猛 执业证书编号：S0680522050001 邮箱：shenmeng@gszq.com 分析师 陈冠宇 执业证书编号：S0680522120005 邮箱：chenguanyu@gszq.com 分析师 张润 执业证书编号：S0680524110002 邮箱：zhangrun@gszq.com 相关研究 1、《建筑材料：上海地产政策继续优化，仍需更多地产 政策 》 2025-09-21 2、《建筑材料：债务限额提前下发，继续加强化债 》 2025-09-14 3、《建筑材料：深圳出台地产政策，玻纤行业"反内卷"》 2 ...

证券之星消息，9月26日装修建材板块较上一交易日下跌0.72%，鲁阳节能领跌。当日上证指数报收于 3828.11，下跌0.65%。深证成指报收于13209.0，下跌1.76%。装修建材板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 002718 | 友邦需顶 | 25.21 | 1.29% | | 5.30万 | 1.32亿 | | 002392 | 北京利尔 | 9.37 | 1.19% | | 30.36万 | 2.83亿 | | 002333 | 罗普斯金 | 5.35 | 0.94% | | 6.33万 | 3371.15万 | | 603378 | 亚士创能 | 5.56 | 0.91% | | - 3.88万 | 2144.45万 | | 300234 | 开尔新材 | 5.35 | 0.75% | | 7.83万 | 4204.19万 | | 002247 | 聚力文化 | 2.74 | 0.74% | | 21.94万 | 6015.36万 ...

证券之星消息，9月25日装修建材板块较上一交易日下跌0.82%，万里石领跌。当日上证指数报收于 3853.3，下跌0.01%。深证成指报收于13445.9，上涨0.67%。装修建材板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002271 | 东方雨虹 | 12.39 | 1.56% | 31.31万 | 3.85亿 | | 603038 | 华立股份 | 17.14 | 1.42% | 9.34万 | · 1.61亿 | | 001212 | 中旗新材 | 61.43 | 1.29% | 15.68万 | 264.6 | | 002066 | 瑞泰科技 | 15.38 | 0.92% | 9.99万 | 1.54亿 | | 300715 | 凯伦股份 | 12.85 | 0.86% | 11.23万 | 1.45亿 | | 300737 | 科顺股份 | 5.20 | 0.39% | 25.55万 | 1.34亿 | | 002247 | 聚力文化 | 2.72 | 0 ...