近期，玻璃、纯碱期货价格波动加剧。在"反内卷"政策的影响下，玻璃、纯碱产业正经历着深刻的市场 变革。这轮由政策预期主导的市场波动，既让部分企业暂时缓解了经营压力，也暴露了行业供需格局中 的深层次问题，产业链各环节都在预期与现实中寻找新的平衡。针对供需调整、产业驱动因素、企业应 对策略等话题，记者通过对湖北、河北、山东等地的产业企业的电话调研，深入剖析"反内卷"背景下玻 璃、纯碱行业的真实生态与发展趋势。 从情绪驱动到现实检验 近期，在玻璃、纯碱市场，政策与供需预期的博弈，成为市场走势的核心驱动因素。从产能淘汰政策的 推进，到下游需求结构的动态变化，再到短期追涨行为与长期行业整合趋势的交织，市场参与者的情绪 在乐观与谨慎之间频繁切换。对玻璃、纯碱产业企业而言，如何在价格起伏中坚守理性，在诸多不确定 性里锚定经营决策的确定性，已成为当下亟待解决的问题。 "'反内卷'政策的核心，是解决违背经济运行规律的低质量、同质化竞争问题。"中信寰球商贸有限公司 玻璃、纯碱期现业务总经理范国圣表示，这一政策信号的释放，迅速在玻璃、纯碱市场掀起波澜。 2025年6月，玻璃与纯碱价格处于历史低位，玻璃行业亏损面持续扩大。 "从往年玻 ...

| 玻璃纯碱早报 | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | 研究中心能化团队 | | 2025/7/31 | | | 玻 璃 | | | | | | | | | | | | | 2025/7/30 周度变化 日度变化 | 2025/7/23 | 2025/7/29 | | | | | 2025/7/23 | 2025/7/29 | | 2025/7/30 周度变化 日度变化 | | | 沙河安全 5mm大 板 | 1240.0 | 1301.0 | 1301.0 | 61.0 | 0.0 | FG09合约 | 1211.0 | 1188.0 | 1191.0 | -20.0 | 3.0 | | 沙河长城 5mm大板 | 1248.0 | 1280.0 | 1233.0 | -15.0 | -47.0 | FG01合约 | 1309.0 | 1313.0 | 1320.0 | 11.0 | 7.0 | | 沙河5mm大 板低 ...

福莱特玻璃集团股份有限公司 证券代码：601865 证券简称：福莱特 公告编号：2025-048 转债代码：113059 转债简称：福莱转债 关于公司及控股子公司提供担保的进展公告 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法律责任。 重要内容提示: ● 被担保人名称：浙江福玻新材料有限公司（以下简称"浙江福玻"），本次担保不属于关联担保。 ● 本次担保金额及实际为其提供的担保余额：福莱特玻璃集团股份有限公司（以下简称"公司"）本次为 其合并报表范围内的下属子公司提供总额度不超过人民币28,000万元的担保，公司已实际为上述子公司 提供的担保余额为 0（不含本次）。 ● 本次是否有反担保：无。 ● 公司无逾期对外担保。 一、担保情况概述 （一）基本情况 公司与中信银行股份有限公司嘉兴分行（以下简称"中信银行嘉兴分行"）签署了《最高额保证合同》， 公司为全资子公司浙江福玻向中信银行嘉兴分行申请在人民币28,000 万元主债权的最高余额内提供连带 责任保证担保。 （二）内部决策程序 公司于 2025年3月27日召开第七届董事会第五次会议 ...

Financial Data and Key Metrics Changes - The company reported second quarter adjusted earnings of $0.53 per share, exceeding expectations and outperforming the same period last year [5][19] - Overall second quarter shipments declined approximately 3%, but year-to-date shipments were up nearly 1% [5][9] - The company raised its full year guidance, now expecting adjusted earnings to increase between 60% to 90% compared to 2024 [6][22] Business Line Data and Key Metrics Changes - In The Americas, shipments increased approximately 4% in both the second quarter and year-to-date, driven by a rebound in beer and spirits categories [11][20] - In Europe, volumes were down nearly 9% in the second quarter, attributed to supplier-related delays and macroeconomic uncertainties [12][20] - The Fit to Win program delivered $84 million in savings for the quarter, bringing the first half total to $145 million [6][14] Market Data and Key Metrics Changes - Lower glass shipments were consistent with softer consumer demand, particularly in European markets, which saw a decline in consumption patterns [10][12] - Non-alcoholic beverages and food categories posted low single-digit growth despite challenges in other segments [12][81] - The company noted a 35% increase in its new product development pipeline as brand owners seek growth opportunities [10] Company Strategy and Development Direction - The company has decided to halt further development of the Magma platform, focusing instead on a best-cost premium operation strategy [7][9] - The Bowling Green facility will be reconfigured to focus on premium opportunities in spirits, aiming for lower operational costs and capital intensity [9][32] - The Fit to Win program is foundational to improving competitiveness and driving future growth by significantly reducing total enterprise costs [6][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged navigating a complex environment with softer consumer demand and macro uncertainties but expressed confidence in achieving full-year volume stability [5][6] - The company expects performance in Europe to improve progressively as downtime decreases and network optimization actions are implemented [20][75] - Management emphasized the importance of reducing waste and inefficiencies, indicating a relentless focus on operational improvements [46][68] Other Important Information - The company is on track to meet or exceed its 2025 objectives and aims to unlock further upside in the coming years [17][18] - Temporary production curtailments remain in place across Europe to align supply with demand and manage inventory levels [13][21] - The company anticipates a $300 million year-over-year improvement in free cash flow, driven by stronger operating results and reduced capital expenditures [22][100] Q&A Session Summary Question: Volume assumptions for 2025 by segment - Management indicated that both Europe and The Americas are expected to be generally stable year over year, with some fluctuations due to prior year comparisons [30][31] Question: Details on the Bowling Green plant transition - The facility will focus on premium opportunities in spirits, with ongoing reconfiguration efforts [32][34] Question: Fit to Win benefits and corporate costs - Management confirmed that Fit to Win is designed to review the entire cost base, with significant progress already made [41][44] Question: Order books and market conditions - Management noted strong order visibility in The Americas, with some recovery in Northern Europe, while consumer weakness persists in other regions [51][52] Question: Net pricing and European operating rates - Management observed moderated net price pressure due to stable pricing and reduced inflation, with expectations for the second half of the year [88][90] Question: Update on restructuring negotiations in France - Management confirmed ongoing discussions with European works councils regarding network reconfiguration, progressing as planned [105][106]

Core Viewpoint - The company, Hubei GeBiqia Optoelectronics Technology Co., Ltd., announced the termination of its neutral borosilicate medicinal glass project due to significant adjustments in the feasibility report caused by changes in local electricity policies [1] Group 1 - The neutral borosilicate medicinal glass project was impacted by local electricity policy changes, leading to a major adjustment in the feasibility report [1] - The company has decided to terminate the project and will deregister its subsidiary, Sichuan GeBiqia New Materials Technology Co., Ltd. [1] - The decision was made after considering the company's development stage, strategic planning, and the feasibility analysis of the project [1]

信义玻璃(00868)发布公告，于2025年7月30日，根据截至2024年12月31日止的全年末期期股息的以股代 息计划发行4022.4万股代息股份。 ...

智通财经APP讯，信义玻璃(00868)发布公告，于2025年7月30日，根据截至2024年12月31日止的全年末 期期股息的以股代息计划发行4022.4万股代息股份。 ...

证券日报网讯 7月30日晚间，耀皮玻璃发布公告称，公司于2025年7月29日收到上海证券交易所（简 称"上交所"）出具的《关于受理上海耀皮玻璃集团股份有限公司沪市主板上市公司发行证券申请的通 知》，上交所依据相关规定对公司报送的沪市主板上市公司发行证券的募集说明书及相关申请文件进行 了核对，认为该项申请文件齐备，符合法定形式，决定予以受理并依法进行审核。公司本次向特定对象 发行A股股票事项尚需经上交所审核通过，并获得中国证券监督管理委员会（简称"中国证监会"）作出 同意注册的决定后方可实施，最终能否通过上交所审核，并获得中国证监会同意注册的决定及其时间尚 存在不确定性。 （编辑 任世碧） ...

Core Viewpoint - Yao Pi Glass (600819.SH) has received acceptance from the Shanghai Stock Exchange for its application to issue securities, indicating a step forward in its fundraising efforts [1] Group 1 - The company submitted its application for issuing securities to the Shanghai Stock Exchange on July 29, 2025 [1] - The Shanghai Stock Exchange has reviewed the application documents and found them to be complete and in compliance with legal requirements [1] - The acceptance of the application allows the company to proceed with the necessary regulatory review process [1]

| | | | | | 玻璃纯碱早报 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | 研究中心能化团队 | | 2025/7/30 | | | | | | | | 玻 璃 | | | | | | | | | 2025/7/22 | 2025/7/28 | | 2025/7/29 周度变化 日度变化 | | | 2025/7/22 | 2025/7/28 | | 2025/7/29 周度变化 日度变化 | | | 沙河安全 5mm大 板 | 1220.0 | 1301.0 | 1301.0 | 81.0 | 0.0 | FG09合约 | 1249.0 | 1223.0 | 1188.0 | -61.0 | -35.0 | | 沙河长城 5mm大板 | 1220.0 | 1280.0 | 1280.0 | 60.0 | 0.0 | FG01合约 | 1342.0 | 1300.0 | 1313.0 | -29.0 | 13.0 | | 沙河5mm大 板 ...