Investment Rating - The investment rating for the building materials industry is "Positive" (maintained) [1] Core Viewpoints - The Ministry of Industry and Information Technology and five other departments have jointly issued the "Building Materials Industry Steady Growth Work Plan (2025-2026)", which aims to stabilize growth and promote transformation. Key goals include achieving over 300 billion yuan in revenue from green building materials by 2026 and establishing "zero external electricity, zero carbon emissions" demonstration factories [3][4] - The report recommends several companies in the consumer building materials sector, including Sankeshu (channel penetration and retail expansion), Dongfang Yuhong (waterproof leader with optimized operational structure), Weixing New Materials (high-quality operations with a high retail business ratio), and Jianlang Hardware. Beneficiary stocks include Beixin Building Materials (gypsum board leader with diversified expansion into coatings and waterproof sectors) [3][4] - The cement sector is expected to benefit from the "Energy Saving and Carbon Reduction Special Action Plan" issued by the National Development and Reform Commission, which aims to control cement clinker capacity at around 1.8 billion tons by the end of 2025 [3][4] Summary by Sections Market Overview - The building materials index fell by 2.11% in the week from September 22 to September 26, 2025, underperforming the CSI 300 index by 3.18 percentage points. Over the past three months, the CSI 300 index rose by 13.80%, while the building materials index increased by 10.96%, underperforming by 2.84 percentage points [4][11] - The average PE ratio for the building materials sector is 28.92 times, ranking it 15th from the bottom among all A-share industries, while the PB ratio is 1.32 times, ranking it 8th from the bottom [17][21] Cement Sector - As of September 26, 2025, the average price of P.O42.5 bulk cement nationwide was 287.55 yuan/ton, an increase of 3.06% month-on-month. The clinker inventory ratio reached 70.17%, up by 5.06 percentage points [22][23] - Regional price trends show increases in various areas, with the highest increase in the southwest region at 7.67% [22][23] Glass Sector - The spot price of float glass as of September 26, 2025, was 1283.80 yuan/ton, up by 6.19% from the previous period. The inventory of float glass decreased by 2.60%, with a total of 53.29 million weight boxes [73][75] - The price of photovoltaic glass remained stable at 125.00 yuan/weight box [77] Fiberglass Sector - The market price for non-alkali 2400tex direct yarn ranges from 3400 to 4000 yuan/ton, with variations depending on the region and specific product type [6][4] Consumer Building Materials - As of September 26, 2025, the price of crude oil was 72.09 USD/barrel, showing a week-on-week increase of 7.76%. The price of asphalt remained stable at 4570 yuan/ton [6][4]

Group 1: Metal Sector - Zijin Mining's net profit forecast for 2025 is 475 million CNY, with a PE ratio of 15.46[12] - Luoyang Molybdenum's net profit forecast for 2025 is 168.65 million CNY, with a PE ratio of 17.35[12] - The copper production of Zijin Mining is expected to increase by 7% to 115,000 tons in 2025[20] Group 2: Chemical Sector - Wanhua Chemical's net profit forecast for 2025 is 141.75 million CNY, with a PE ratio of 0.00[12] - Longbai Group's net profit forecast for 2025 is 23.01 million CNY, with a PE ratio of 19.75[12] - The MDI market is expected to improve as supply and demand conditions stabilize[48] Group 3: Transportation Sector - China Merchants Highway's net profit forecast for 2025 is 55.01 million CNY, with a PE ratio of 12.10[12] - Haitong Development's net profit forecast for 2025 is 4.43 million CNY, with a PE ratio of 18.87[12] Group 4: Construction Sector - Sichuan Road and Bridge's net profit forecast for 2025 is 82.86 million CNY, with a PE ratio of 8.79[12] - Honglu Steel Structure's net profit forecast for 2025 is 7.96 million CNY, with a PE ratio of 15.35[12]

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个别及连带责任。 华新水泥股份有限公司（以下简称"公司"）2023年7月20日召开的2023年第三次临时股东大会审议通过 了《关于公司2023-2025 年核心员工持股计划（草案）的议案》及其摘要等相关议案，具体内容详见公 司于2023年7月21日披露的相关公告。 登录新浪财经APP 搜索【信披】查看更多考评等级 公司于2024年5月21日召开第十一届董事会第一次会议，审议通过了《关于公司 2023-2025 年核心员工 持股计划之第二期（2024年）核心员工持股计划的议案》（以下简称"本期计划"），具体内容详见公司 于2024年5月22日披露的相关公告。 根据中国证券监督管理委员会《关于上市公司实施员工持股计划试点的指导意见》《上海证券交易所上 市公司自律监管指引第1号一一规范运作》及《公司2023-2025年核心员工持股计划》等相关规定，公司 2023-2025年核心员工持股计划之第二期（2024年）核心员工持股计划（以下简称"本期计划"）第一个 锁定期将于2025年9月30日届满，现将 ...

Group 1 - The company received notification from its controlling shareholder, Zhejiang Shangfeng Holding Group Co., Ltd., regarding the pledge of a portion of its shares [1] - The announcement includes details about the basic situation of the share pledge and the cumulative pledge situation of the controlling shareholder and its concerted parties [1] - The company has provided a securities pledge registration certificate as a reference document [1]

Core Viewpoint - Gansu Shangfeng Cement Co., Ltd. announced that its controlling shareholder, Zhejiang Shangfeng Holding Group Co., Ltd., pledged 12 million shares, representing 3.73% of its holdings and 1.24% of the company's total share capital, to supplement liquidity [1] Group 1 - The pledge initiation date is September 25, 2025, with the pledgee being Ningbo Bank Co., Ltd. Shaoxing Branch [1] - After the pledge, the total number of pledged shares by Shangfeng Holding and its concerted parties will reach 93.1 million shares, accounting for 28.96% of their holdings and 9.60% of the company's total share capital [1] - As of the announcement date, Shangfeng Holding and its concerted parties hold 321,479,293 shares, which is 33.16% of the total shares [1]

Group 1 - The stock price of Shangfeng Cement increased by 5.3% to 9.74 CNY per share, with a trading volume of 148 million CNY and a turnover rate of 1.62%, resulting in a total market capitalization of 9.442 billion CNY [1] - Shangfeng Cement, established on March 6, 1997, and listed on December 18, 1996, is primarily engaged in the production and sales of cement products, including cement clinker, special cement, concrete, and aggregates [1] - The revenue composition of Shangfeng Cement is as follows: cement 69.85%, clinker 16.78%, sand and gravel aggregates 6.20%, concrete 2.76%, environmental disposal 2.25%, other businesses 1.96%, and real estate 0.21% [1] Group 2 - Hai Fu Tong Fund has a significant holding in Shangfeng Cement, with the Hai Fu Tong Style Advantage Mixed Fund (519013) holding 1.1662 million shares, accounting for 2.77% of the fund's net value, making it the seventh-largest holding [2] - The Hai Fu Tong Style Advantage Mixed Fund has achieved a year-to-date return of 28.1%, ranking 3502 out of 8171 in its category, and a one-year return of 48.87%, ranking 3063 out of 8004 [2] - The fund manager, Lu Yiwen, has been in charge for 5 years and 26 days, with the fund's total asset size at 3.32 billion CNY [3]

华新水泥今年以来股价涨50.69%，近5个交易日跌2.18%，近20日涨11.01%，近60日涨38.66%。 今年以来华新水泥已经3次登上龙虎榜，最近一次登上龙虎榜为7月25日，当日龙虎榜净买入-1.68亿 元；买入总计1.73亿元 ，占总成交额比7.82%；卖出总计3.41亿元 ，占总成交额比15.42%。 资料显示，华新水泥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%。 华新水泥所属申万行业为：建筑材料-水泥-水泥制造。所属概念板块包括：一带一路、增持回购、融资 融券、中盘、MSCI中国等。 9月25日，华新水泥盘中下跌 ...

截至6月30日，天山股份股东户数7.79万，较上期增加6.08%；人均流通股91309股，较上期增加 267.85%。2025年1月-6月，天山股份实现营业收入359.80亿元，同比减少9.37%；归母净利润-9.22亿 元，同比增长73.00%。 今年以来天山股份已经1次登上龙虎榜，最近一次登上龙虎榜为7月23日，当日龙虎榜净买入-2.95亿 元；买入总计1.07亿元 ，占总成交额比7.82%；卖出总计4.02亿元 ，占总成交额比29.36%。 资料显示，天山材料股份有限公司位于上海市浦东新区世博馆路70号中国建材大厦,新疆乌鲁木齐市新 市区河北东路1256号天合大厦，成立日期1998年11月18日，上市日期1999年1月7日，公司主营业务涉及 水泥、熟料、商品混凝土和骨料的生产及销售。主营业务收入构成为：水泥熟料63.16%，商品混凝土 28.24%，骨料5.55%，其他3.05%。 天山股份所属申万行业为：建筑材料-水泥-水泥制造。所属概念板块包括：喀什规划区、券商相关、绿 色电力、西部开发、中国建材集团等。 9月25日，天山股份盘中下跌2.11%，截至13:14，报6.02元/股，成交2.22亿元，换 ...

Company Overview - Gansu Shangfeng Cement Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on March 6, 1997, with its listing date on December 18, 1996 [2] - The company primarily engages in the production and sales of cement clinker, cement, special cement, concrete, and aggregates [2] - The revenue composition includes: Cement 69.85%, Clinker 16.78%, Aggregates 6.20%, Concrete 2.76%, Environmental disposal 2.25%, Other businesses 1.96%, Real estate 0.21% [2] Financial Performance - For the first half of 2025, the company achieved operating revenue of 2.272 billion yuan, a year-on-year decrease of 5.02%, while the net profit attributable to shareholders increased by 44.53% to 247 million yuan [2] - The company has cumulatively distributed 3.95 billion yuan in dividends since its A-share listing, with 1.318 billion yuan distributed in the last three years [3] Stock Performance - On September 25, the stock price of Shangfeng Cement fell by 2.08%, trading at 9.41 yuan per share, with a total market capitalization of 9.122 billion yuan [1] - Year-to-date, the stock price has increased by 33.85%, with a 5-day increase of 8.91%, a 20-day increase of 5.38%, and a 60-day increase of 14.48% [1] - The stock has appeared on the "Dragon and Tiger List" once this year, with the latest appearance on July 23, where it recorded a net purchase of 6.306 million yuan [1] Shareholder Information - As of August 31, the number of shareholders was 45,900, a decrease of 12.46% from the previous period, with an average of 21,115 circulating shares per shareholder, an increase of 14.23% [2] - As of June 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 10.2092 million shares, an increase of 2.4012 million shares from the previous period [3]

9月24日，金隅集团涨0.00%，成交额9534.85万元。两融数据显示，当日金隅集团获融资买入额1211.97 万元，融资偿还950.62万元，融资净买入261.35万元。截至9月24日，金隅集团融资融券余额合计3.27亿 元。 融资方面，金隅集团当日融资买入1211.97万元。当前融资余额3.26亿元，占流通市值的2.34%，融资余 额低于近一年50%分位水平，处于较低位。 截至6月30日，金隅集团股东户数10.85万，较上期减少1.92%；人均流通股0股，较上期增加0.00%。 2025年1月-6月，金隅集团实现营业收入455.66亿元，同比增长0.01%；归母净利润-14.96亿元，同比减 少85.40%。 分红方面，金隅集团A股上市后累计派现78.25亿元。近三年，累计派现15.16亿元。 机构持仓方面，截止2025年6月30日，金隅集团十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股8690.94万股，相比上期增加523.39万股。南方中证500ETF（510500）退出十大流通股东 之列。 责任编辑：小浪快报 融券方面，金隅集团9月24日融券偿还14.92万股，融券卖出1100.0 ...