【导读】东方雨虹实控人李卫国拟减持不超 1.94% 的股份，预计套现约 5 亿元 中国基金报记者 南深 7 月 2 日深夜，曾经的防水材料龙头、有 " 防水茅 " 之称的东方雨虹，其实控人又抛出减持 计划。 公告显示，持有东方雨虹 5.31 亿股（占公司总股本 的 22.22% ）的控股股东、实际控制人 李卫国计划在公告披露之日起 15 个交易日后的 3 个月内，以大宗交易和 / 或集中竞价交易 方式减持公司股份不超过 4638.22 万股（占公司总股本 的 比例不超过 1.94% ）。按 7 月 3 日收盘价计，此番减持预计可套现约 5 亿元。 公告称减持目的为偿还债务 对于此次李卫国的减持原因， 公告称 " 主要用于偿还债务 " ，拟减持股份来源则基本是其首 次公开发行股票并上市前已持有的股份（包括首次公开发行股票后资本公积转增股本部 分）。 记者注意到，目前李卫国的持股质押用于融资的比例相当高，甚至出现了展期的情况。 2025 年 5 月 22 日东方雨虹发布的公告显示，李卫国持有的 4857.4 万股股份（约占总股本的 2% ）原定于 4 月 18 日质押到期，但其没有归还，而是展期一年到 2026 ...

东方雨虹控股股东李卫国，再度启动大额减持计划。 根据东方雨虹7月2日披露，李卫国拟减持该公司不超过1.94%的股份，按当天收盘价测算，可套现金额约5亿元，所得 资金将主要用于偿债。此前，李卫国已在2024年一季度减持，共套现6.52亿元。 在业绩断崖式下滑的背景下，东方雨虹仍高额分红。2024年，该公司净利润仅1.08亿元，同比暴跌95%，现金分红却 高达22.1亿元。按21.79%的持股比例计算，李卫国通过分红独揽4.82亿元现金。第一财经梳理发现，2023年至今，通 过减持套现和高额分红，李卫国及其一致行动人已累计套现约23亿元。 由于此前频繁质押东方雨虹股权，随着该股持续下挫、质押到期将近，李卫国资金压力沉重。截至5月底，李卫国及 其一致行动人股权质押比例，已高达75.85%，未来半年内到期的质押股份，就达到2.4亿股。 再次大额减持 实际控制人债务规模有多大？ 根据东方雨虹7月2日公告，李卫国拟在公告后15个交易日起的3个月内，通过大宗交易或集中竞价减持不超过4638.22 万股，按当日收盘价10.78元/股计算，套现金额预计约为5亿元，减持资金将主要用于偿还个人债务。 这已是李卫国2024年以来第二 ...

Group 1 - Shengde Xintai won a bid for a thermal power steel pipe project worth approximately 217 million yuan, accounting for 8.15% of its audited revenue for 2024 [1] - High-speed Electric's subsidiary won a project for the Shanghai-Nanjing-Hefei high-speed railway, with a bid amount of 71.76 million yuan [1] - Cangge Mining's subsidiary received a construction permit for a lithium-boron mining project, with a construction area of 106,900 square meters [2] Group 2 - China Electric Power Construction signed a mining transportation project contract in Guinea worth approximately 5.063 billion yuan, with a total duration of about 72 months [3] - Guobang Pharmaceutical's subsidiary completed the registration of an equity investment fund focusing on strategic emerging industries [4] - Deshi Co. obtained two invention patents related to oil and gas field development [5][26] Group 3 - Xue Tian Salt Industry expects a significant decrease in net profit for the first half of 2025, projecting a decline of 76.34% to 80.29% [6] - Rundu Co. received a drug registration certificate for moxifloxacin hydrochloride tablets, used for treating various bacterial infections [7] - China Nuclear Power reported a 15.65% increase in power generation in the first half of the year, with nuclear power generation up by 12.01% [8] Group 4 - Suqian Liansheng obtained two invention patents related to wastewater treatment methods [9] - Boshi Co. signed a 109 million yuan operation and maintenance service contract for solid product packaging [11] - *ST Sailong's subsidiary received a drug registration certificate for torasemide injection, used for various medical conditions [13] Group 5 - North Bay Port reported a 10.95% increase in cargo throughput for the first half of 2025, with container throughput also showing growth [14] - Kaiwei Te expects a revenue increase of 56.17% to 90.87% for the first half of 2025 [15] - Wankai New Materials plans to reduce production and conduct maintenance on 60,000 tons of PET capacity, affecting overall performance [16] Group 6 - Haiwang Bio's HW130 injection successfully completed Phase I clinical trials, showing good safety and tolerability [19] - Zhenai Meijia received a total of 22.8 million yuan in compensation for land acquisition, which will significantly impact its 2025 performance [20] - Changyuan Electric reported a 23.58% decrease in power generation in June, with a notable decline in thermal power generation [21] Group 7 - Shouxiangu's subsidiary completed the registration of two health food products [22] - Kailun Co. announced the resignation of its deputy general manager and board secretary [23] - Xibu Muye reported a 2.15% year-on-year increase in fresh milk production in June [24] Group 8 - Deshi Co. obtained two invention patents related to oil and gas field development [26] - Jingwei Huikai plans to acquire a 12.44% stake in Nuo Si Micro for 149 million yuan [27] - Electric Alloy completed the registration of its subsidiary in Mexico [29] Group 9 - Meinuohua expects a net profit increase of 142.84% to 174.52% for the first half of 2025 [30] - Guizhou Moutai repurchased approximately 3.38 million shares, accounting for 0.2692% of its total share capital [31][32] - Warner Pharmaceutical received approval for the listing application of a raw material drug for treating respiratory diseases [34] Group 10 - Yuan Dong Bio's independent director is under investigation for serious violations [35] - Dash Intelligent signed a contract for a smart project worth 11.88 million yuan [36] - Dayou Energy plans to transfer 586,500 tons of coal production capacity replacement indicators [37] Group 11 - Foton Motor reported a 150.96% increase in new energy vehicle sales in the first half of 2025 [39] - Renfu Pharmaceutical's shareholder plans to increase its stake by 1% to 2% [40] - Zongshen Power expects a net profit increase of 70% to 100% for the first half of 2025 [42] Group 12 - Yingboer plans to sell its wholly-owned subsidiary for 239 million yuan [44] - Changan Automobile reported a 1.59% increase in total vehicle sales in the first half of 2025 [46] - Fulian Precision signed a cooperation framework agreement with Sichuan Development Longmang [48] Group 13 - Nengte Technology plans to repurchase shares worth 300 million to 500 million yuan [50] - Longsoft Technology's controlling shareholder donated 3.43% of the company's shares [51] - Data Port's shareholders plan to reduce their holdings by up to 2% [52]

Core Viewpoint - Over the past 30 years, Dongfang Yuhong has transformed from a startup into a global benchmark in the construction waterproofing industry, driven by innovation and technology, and has contributed significantly to the development of China's waterproofing sector while providing "Chinese solutions" to the world [1][9]. Group 1: Innovation and Technology - Dongfang Yuhong has established a seamless connection between laboratory innovations and construction site applications, exemplified by winning the National Science and Technology Progress Award in 2019 for its advanced waterproofing technology [1][3]. - The company has built a comprehensive innovation system covering "basic research—process equipment—application technology—engineering construction," with global research collaborations and key laboratories enhancing its technological footprint [5][6]. Group 2: Product Development and Solutions - The launch of the ultra-wide TPO waterproof membrane in 2024 addresses high-pressure and deformation challenges in major engineering projects, marking a significant advancement in China's water conservancy construction [5][6]. - Dongfang Yuhong's products, such as the visual HDPE self-adhesive waterproof membrane and the innovative non-curing rubber asphalt waterproof coating, demonstrate a commitment to solving industry pain points and enhancing construction efficiency [6][7]. Group 3: Future Vision and Commitment - The company's mission has evolved to provide ultimate protection for buildings, focusing on extreme condition materials and green intelligent manufacturing through partnerships with leading universities [7][9]. - Dongfang Yuhong aims to continue its legacy of innovation, contributing to the "dual carbon" goals and new infrastructure initiatives, while positioning itself as a leader in the global waterproofing market [9].

2025年上半年，东方雨虹在东南亚市场动作频频，从东方雨虹马来西亚生产研发物流基地首次试产成 功，到马来西亚首家防水综合专卖店开业，再到越南5万平方米工业屋面翻修大单落地以及槟城新品发 布会引发行业关注——这四件事看似独立，实则环环相扣，勾勒出这家中国建筑建材系统服务商在海外 市场的战略蓝图：从产品输出到标准输出，从单点突破到生态布局，从中国制造到全球服务。 构建本地化服务网络，实现从"产品销售"到"服务赋能"的质变 在全球产业链深度重构的背景下，中国建筑建材企业的国际化战略正经历从单一产品输出到综合服务落 地的重大转型。东方雨虹的海外布局轨迹，生动展现了中国制造企业如何通过"生产基地+服务网络"的 双轮驱动，实现全球化发展的质变升级。 研发定制化产品，适配本地市场需求 随着出海战略的不断迭代升级，东方雨虹深入洞察本地市场特质及本地客户需求，加大研发创新投入， 设计生产适配本地化的产品，缩短触达本地用户心智的周期，满足本地客户需求。 6月下旬，东方雨虹在马来西亚槟城举办新品发布会，外露防水系统、无尘瓷砖胶、填缝剂等硬核产品 纷纷亮相。这些新品并非简单的技术移植，而是基于东南亚气候特点进行的深度本土化改良，重点 ...

Group 1 - The controlling shareholder and actual controller of Dongfang Yuhong, Li Weiguo, plans to reduce his shareholding by up to 46,382,189 shares, which is no more than 1.94% of the total share capital [1] - Li Weiguo currently holds 530,802,887 shares, accounting for 22.22% of the company's total share capital [1] - The share reduction is scheduled to occur within three months starting from July 24, 2025, following a 15 trading day period after the announcement [1] Group 2 - Dongfang Yuhong's stock price has fallen below the issuance price from the 2021 private placement [3] - In 2021, the company raised approximately RMB 7.99 billion through a private placement of 175,824,175 shares at a price of RMB 45.50 per share [2] - After deducting fees, the actual net amount raised was approximately RMB 7.99 billion [2]

Group 1 - The core point of the news is that the controlling shareholder of Dongfang Yuhong, Li Weiguo, plans to reduce his stake by up to 1.94% of the company's total shares, which has attracted market attention [1] - As of the announcement date, Li Weiguo holds 530,802,887 shares, representing 22.22% of the total share capital, while his associate Li Xingguo holds 10,909,355 shares, accounting for 0.46%, together totaling 22.68% [1] - The planned reduction will occur within three months starting from July 24, 2025, and will involve a maximum of 46,382,189 shares, with the selling price determined by the market price at the time of the sale [1] Group 2 - Dongfang Yuhong's 2024 annual report indicates that the company's operating revenue was 28.06 billion yuan, a year-on-year decrease of 14.5%, and the net profit attributable to shareholders was 108 million yuan, down 95.2% [2] - The first quarter report for 2025 shows operating revenue of 5.95 billion yuan, a year-on-year decline of 16.7%, with a net profit attributable to shareholders of 192 million yuan, down 44.7% [2] - The company's operating cash flow net amount for 2024 was 3.457 billion yuan, an increase of 64.4%, while for the first quarter of 2025, it reported a negative cash flow of 813 million yuan, but this was a 57.0% increase year-on-year [2]

金十数据7月1日讯，针对"东方雨虹7月1日起上调防水产品价格"的市场消息，东方雨虹证券部工作人员 称，涨价消息属实，公司确实向下游客户发送过涨价通知。此轮上调价格，主要针对防水涂料、美缝 剂、瓷砖胶等。这也是年内比较大范围的一次调价。"本次涨价，不止是东方雨虹一家，行业很多头部 公司都进行了调价。本轮普遍上调价格，说明行业正在往好的方向发展。"上述工作人员表示。对于涨 价对公司的影响，上述工作人员称，目前对公司业绩的影响还不好直接判断，但是行业整体在逐步形成 良性竞争格局。 （中证金牛座） 东方雨虹回应调价：行业逐步进入良性竞争格局，对公司业绩的影响还不好判断 ...

具体来看，此次涨价函中涉及的产品包括防水涂料、美缝剂、瓷砖胶、卷材类等多个核心品类，涨幅普 遍在1%至13%之间，个别品类如防水涂料最高涨幅达13%。 以东方雨虹为例，其全资子公司东方雨虹民用建材有限责任公司6月份发布的《产品调价函》显示，为 了维护品牌长期健康发展，稳定市场秩序，确保市场良性竞争，同时保障客户的长远利益，经公司研究 决定，对防水涂料、美缝剂、瓷砖胶的部分产品价格进行上调。 该调价函显示，涉及调价产品的调整幅度如下：防水涂料上调3%至13%；美缝剂上调4%至9%；C0级瓷 砖胶上调1%至5%（部分区域）。产品调价将于2025年7月1日正式执行，具体调价产品明细以各大区通 知为准。 科顺股份的全资子公司科顺民用建材有限公司也发布了相关调价函，该调价函显示，为稳定市场价格和 市场秩序，保障广大合作伙伴的长远利益，实现长期同行的合作目标，经公司研究决定，对防水涂料、 瓷砖胶、美缝剂、卷材类部分产品进行价格上调，调价详情显示：防水涂料上调3%至13%；C0级、C2 级瓷砖胶上调1%至5%（按区域情况调整）；美缝剂上调4%至9%；卷材类上调3%至7%。新价格政策计 划自各大区7月1日最新发布的价格表为准 ...

东方雨虹 20250625 摘要 当前建筑防水行业的整体需求仍处于下行状态，行业总需求表现非常一般，整 体环境相对严峻。工程市场和零售市场的需求均持续面临下行压力。然而，局 部应用场景的需求表现尚可，例如工业能源类项目、以旧改为代表的城市更新 项目，以及国家重点工程项目（如重大水利设施）等。东方雨虹的工建集团在 这些领域也承接了相应项目。 针对 2025 年下半年，公司对市场价格走势有何判断，是否存在价格竞争反复 的可能性？ 2025 年下半年市场价格走势难以准确判断，主要取决于头部企业的策略。已 知一家传统头部防水公司明确表示不愿继续价格战，即使牺牲部分销量也希望 利润回升。公司此次率先提价，是基于降价未能有效提升销量的判断。在去年 降价较多的地区进行试点调价后，发现并未影响消费者购买决策和销量，这表 明当前价格战已失效。因此，公司近期发布了民建全国统一涨价函，本质上是 对去年降价产品进行复价。公司不希望通过价格战牺牲利润率，而是希望通过 正常的市场工作获取订单和销量，并期待市场竞争秩序回归正常。鉴于近年来 行业快速下行，大量企业出清，对市场有影响力的企业数量减少，供给端竞争 格局已达到应维护市场秩序的时间 ...