Core Points - The company has received approval from the China Securities Regulatory Commission (CSRC) for its application to issue stocks to specific investors [1] - The issuance must be carried out according to the submitted documents and issuance plan to the Shanghai Stock Exchange [1] - The approval is valid for 12 months from the date of registration consent [1] - The company is required to report any significant events to the Shanghai Stock Exchange before the completion of the issuance [1] - The board of directors will handle the issuance of A-shares within the stipulated timeframe and fulfill disclosure obligations [1]

Core Points - The company has received approval from the China Securities Regulatory Commission for a specific stock issuance [1] - The approval allows the company to issue shares to specific investors within 12 months [1] - The company is required to follow the submitted documents and issuance plan strictly [1] Summary by Sections - **Approval Details** - The company has been granted permission to register the issuance of shares to specific investors [1] - The approval is valid for 12 months from the date of consent [1] - **Compliance Requirements** - The company must implement the issuance according to the documents submitted to the Shanghai Stock Exchange [1] - Any significant events occurring between the approval and the completion of the issuance must be reported to the Shanghai Stock Exchange [1] - **Board Actions** - The company's board will act according to the approval and relevant laws, and will manage the issuance of A-shares within the stipulated timeframe [1] - The company is obligated to fulfill information disclosure duties promptly [1]

Group 1 - The company has technological reserves for TCO glass [1]

| | | 原公司 直志版 荒关系 营网总 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 都在用的商业直向工具 家中小企业发展不具全盘下机构 | 四川省直英环球集团有限公司 | 8 | 天殿一下 | 器应用 · | 商务合作 企业级产品> ★开通会员, ▲ 费米· | | | 基本信息 111 | 法律诉讼 11 | 经营风险2 | 经营信息 999+ | | 公司发展 29 | 知识产权 79 历史信息 101 ◎ | | | 变更记录 59 @ | | | | | 变更项目。 | 2天眼查 变更时间, ■ 营品 | | | 序号 变更日期 | 李曹项目 | | 变更前 | | | 变更后 | K | | 1 2025-11-14 | 投资人(股权)变更 | 四川省宜宾五粮液集团有限公司 出资 55000万人民币元 | | | | 四川省宣宾五粮液集团有限公司出资 83740万人民币元(+28740 | | | 2 2025-11-14 | 章程备案 | 无 | | | 2025-10-20新章程 | | | | 3 20 ...

News Summary Core Viewpoint - The glass processing industry is experiencing a decline in orders and production, leading to increased inventory pressure and a weak demand outlook [1][2][3]. Group 1: Market Data - As of November 17, the average order days for glass processing sample enterprises is 9.9 days, a decrease of 8.9% month-on-month and 24.2% year-on-year [1]. - On November 18, the Zhengzhou Commodity Exchange reported 456 glass futures warehouse receipts, a decrease of 7 from the previous trading day [1]. - In November, four coal-fired production lines were shut down, while one previously operating line resumed production, resulting in a decline in weekly operating rates and supply [1]. Group 2: Institutional Perspectives - Guotou Anxin Futures indicates that the glass market continues to decline, with high inventory pressure in the midstream sector leading to a negative feedback loop and ongoing price drops [2]. - New Century Futures reports that recent spot prices are weak, with some manufacturers starting to lower prices. The ongoing decline in real estate completions is dragging down demand, and inventory levels are continuously increasing [3]. - According to New Century Futures, the daily melting capacity of glass needs to be reduced to approximately 154,000 tons by the end of the year to address the oversupply issue in the industry [3].

天眼查App显示，近日，四川省宜宾环球集团有限公司发生工商变更，注册资本由5.5亿人民币增至约 8.37亿人民币，增幅约52%。四川省宜宾环球集团有限公司成立于2004年7月，法定代表人为刘兴，经 营范围包含企业管理、货物进出口、玻璃制造、普通玻璃容器制造等。股东信息显示，该公司由四川省 宜宾五粮液集团有限公司全资持股。 ...

Core Viewpoint - Yaopi Glass (600819) has changed the status of its application for a specific stock issuance to effective registration, indicating progress in its fundraising efforts [1] Group 1 - The company plans to issue up to 280 million shares [1] - The expected amount of funds to be raised is 300 million yuan [1] - The sponsoring institution for this issuance is Guotai Junan Securities Co., Ltd. [1]

玻璃纯碱产业风险管理日报 2025/11/18 寿佳露（投资咨询证号：Z0020569） 投资咨询业务资格：证监许可【2011】1290号 玻璃纯碱价格区间预测 | | 价格区间预测（月度） | 当前波动率（20日滚动） | 当前波动率历史百分位（3年） | | --- | --- | --- | --- | | 玻璃 | 900-1200 | 21.36% | 46.3% | | 纯碱 | 1100-1300 | 17.89% | 11.0% | source： 南华研究,同花顺 玻璃纯碱套保策略表 | | 行 为 | 情景分析 | 现货敞口 | 策略推荐 | 套保工具 | 买卖方向 | 套保比例 | 建议入场区间 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 导 | | | | | | （%） | | | | 向 | | | | | | | | | | 库 | | | 为了防止存货叠加损失，可以根据 企业的库存情况，做空玻璃期货来 | FG2601 | 卖出 | 50% | 1250 | | | 存 | 产成品库存偏 高，担心玻 ...

入 期 市 市 官 方 网 站 需 有 线 HA 谨 风 www.itf.com.cn 400-8888-598 慎 险 1. 17日纯碱玻璃震荡。 2. 玻璃方面,近期供给整体持稳,而生产利润再度挤压,市场继续倒逼供 给减量的压力增强。反内卷大逻辑下,供给扰动情绪易发酵。淡季来临, 整体终端需求保有韧性,库存并未大幅累积。当前玻璃估值并不高。同时 煤炭价格偏强,成本有支撑。中期供给过剩格局延续,价格上行阻力大。 行情分析 3、纯碱更多跟随玻璃,但供需相对一般,价格承压。 刘草 交易策略 年碱生仔 00000 250 8000 200 6000 100 2000 = 2024 = 2025 本报告中的信息均源于公开可获得的资料,国贸期货力求准确可靠,但不对上述信息的准确性及完整性 任何保证。本报告不构成个人投资建议,也未针对个别投资者特殊的投资目标、财务状况或需要,投资者 需自行判断本报告中的任何意见 或建议是否符合其特定状况,据此投资,责任自负。本报告仅向特定客, 推送,未经国贸期货授权许可,任何引用、转载以及向第三方传播的行为均构成对国贸期货的侵权,我 将视情况追究法律责任。期市有风险,入市需谨慎。〔 I ...

天眼查App显示，近日，宿迁耀润玻璃有限公司成立，法定代表人为徐守威，注册资本50万人民币，经 营范围为许可项目：建设工程施工；建设工程设计（依法须经批准的项目，经相关部门批准后方可开展 经营活动，具体经营项目以审批结果为准）一般项目：玻璃制造；技术玻璃制品制造；日用玻璃制品制 造；光学玻璃制造；功能玻璃和新型光学材料销售；日用玻璃制品销售；光学玻璃销售；技术玻璃制品 销售；建筑材料销售；非金属矿及制品销售；门窗销售；建筑装饰材料销售；建筑防水卷材产品销售； 建筑物清洁服务；金属门窗工程施工；园林绿化工程施工；城市公园管理；对外承包工程；市政设施管 理；工程管理服务；物业管理；城市绿化管理；城乡市容管理；植物园管理服务；森林公园管理；园区 管理服务；劳务服务（不含劳务派遣）（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...