齐鲁晚报·齐鲁壹点 李楠楠 12月5日，烟台市政府新闻办举行"回望'十四五' 奋楫启新程"主题系列第十一场新闻发布会，烟台市住 房和城乡建设局党组书记、局长孙玉荣介绍了"十四五"时期，烟台市住房发展和烟台市建筑业发展的相 关情况。 截至今年10月底，全市累计缴存住房公积金1560亿元 5年来，全市住建系统始终把群众安居宜居摆在突出位置，因时因势优化住房政策，加快完善多主体供 给、多渠道保障、租购并举的住房供应体系，城镇人均住房面积从39平方米提高至43平方米，加快 从"住有所居"向"住有宜居"转变。 抓住房保障提标扩面。筹集、配租公共租赁住房8560套，发放2.1亿元、5.6万户（次）租赁补贴，城镇 低保、低收入住房困难家庭实现应保尽保。筹集配租配售型保障房7600余套、人才公寓1.3万套，有效 满足新市民、新青年以及各类人才等过渡性住房需求，持续完善"一张床""一间房""一套房"的梯次住房 供给模式。 5年来，全市住建系统深刻把握新形势新要求，大力推动传统建筑产业向工业化、数字化、绿色化转型 升级，培育发展现代化建筑产业，建筑业总产值连续4年保持7%以上增速，2024年首次突破千亿元，累 计完成产值超450 ...

每经头条（nbdtoutiao）——秒光、售罄！银行大额存单成稀缺资源，2%以上产品很难抢，有的门槛高 达1000万元！专家：存款利率或长期下行 （记者 曾健辉） 截至发稿，交建股份市值为75亿元。 每经AI快讯，交建股份（SH 603815，收盘价：12.08元）12月5日晚间发布公告称，公司于2025年11月 12日披露了《安徽省交通建设股份有限公司部分董事及高管减持股份计划公告》（公告编号：2025- 064）。截至本公告披露日，董事长胡先宽先生通过集中竞价方式减持956,800股，占公司总股本的 0.1546%；董事俞红华女士通过集中竞价方式减持458,800股，占公司总股本的0.0741%；董事、副总经 理陈明洋先生通过集中竞价方式减持375,000股，占公司总股本的0.0606%；副总经理、总工程师储根法 先生通过集中竞价方式减持237,500股，占公司总股本的0.0384%；财务总监施秀莹女士拟通过集中竞价 方式减持145,300股，占公司总股本的0.0235%。 2024年1至12月份，交建股份的营业收入构成为：建筑施工行业占比97.81%，其他业务占比2.19%。 ...

Core Viewpoint - The Hong Kong government is establishing an independent committee led by a judge to investigate the fire incident at the Hong Fu Garden in Tai Po, which is believed to have been exacerbated by flammable materials and construction practices [1]. Group 1: Fire Safety Measures - The fire at Hong Fu Garden has raised concerns about fire safety standards in high-rise buildings, prompting various cities including Shanghai, Chongqing, and Guangzhou to initiate special fire safety actions [1][2]. - The State Council's Work Safety Committee has mandated inspections focusing on high-rise residential buildings undergoing exterior renovations and internal modifications to identify fire hazards [2][6]. Group 2: Construction Material Regulations - The Guangzhou Housing and Urban-Rural Development Bureau has issued a notice to strengthen fire safety in construction, prohibiting the use of outdated and hazardous materials [4]. - There is a call for stricter regulations on construction materials, particularly regarding the use of non-fire-resistant materials like EPS and XPS, which are still prevalent in older buildings [5][6]. Group 3: Urban Renewal and Safety Management - Urban renewal projects often involve residents living in buildings while renovations occur, which poses significant fire safety risks; thus, there is a need for improved material management and oversight [7]. - Experts suggest establishing a multi-tiered fire safety management system that includes regular inspections by property management and community organizations to enhance overall safety [6][7].

人民网北京12月4日电 （记者唐佳）12月1日，白鸟湖临港工业产业园——综合服务中心项目（亚欧商 贸中心）全面完工，为新疆对外开放按下"加速键"。 据悉，该项目于2021年6月10日开工建设，是乌鲁木齐"双港"片区重点工程，坐落于乌鲁木齐市经济技 术开发区（头屯河区），总建筑面积达25.16万平方米，总合同额约13.8亿元。项目主体为一栋22层双子 座塔楼及两侧4-5层裙楼，百米塔楼搭配"展臂邀客"式裙楼，造型灵动地向亚欧各国传递合作信号。作 为集总部基地、跨境电商、贸易服务等功能于一体的综合性平台，它将与乌鲁木齐国际陆港区实现优势 互补、产业融合，不仅提升了当地中高端国际贸易服务水平，更助力乌鲁木齐塑造国际化、生态化新形 象。 （文章来源：人民网） "为确保工程品质，建设团队针对项目特点创新施工技术。"项目负责人方寅介绍说，面对"场地大、楼 层高"难题，采用高精度全站仪与BIM技术结合的测量方案，将建筑轴线偏差控制在毫米级；针对外立 面全幕墙复杂造型，开展多轮深化设计并完成300余次后置埋件拉拔试验；作为乌鲁木齐首次大规模应 用装配式建筑技术的项目，团队在裙楼推广"高精度模板+钢筋桁架楼承板+ALC条板墙" ...

Summary of Key Points from Conference Call Records Industry Overview - **Real Estate Industry**: The real estate sector is supported by policies aimed at high-quality development, with state-owned enterprises (SOEs) expected to avoid significant losses. It is projected that real estate investment growth may decline to around 8 trillion yuan by 2025, with the contribution of real estate and its industrial chain to GDP dropping to 8-10% from a peak of approximately 30% [1][2][3]. Core Insights and Arguments - **Investment Trends**: The construction industry is facing negative growth in investment, with infrastructure, manufacturing, and real estate investments all declining. In October, new home sales fell by 30% year-on-year, and second-hand home sales dropped by 18% [1][4]. - **Future Projections**: The real estate sector's contribution to GDP is expected to decrease to about 4.2%, with a potential drop in investment to the 7 trillion yuan range if the fourth quarter sees significant declines [2][4]. - **Policy Support**: The emphasis on high-quality development suggests that a number of quality companies will emerge as market benchmarks over the next three to five years, particularly among SOEs [2][3]. Investment Recommendations - **Construction Sector**: It is advised to selectively invest in SOEs in the construction sector to capitalize on potential short-term policy boosts. Key companies to watch include: - **Planning and Design**: Huayang International, Shenzhen Ruijie - **EPC and General Contracting**: China State Construction, China Railway, China Railway Construction - **Construction**: Shanghai Construction, Honglu Steel Structure - **Completion**: Jintai Long, Jianghe Group [5][6]. - **Building Materials Sector**: The building materials industry is expected to show significant divergence by 2025, with some companies maintaining growth while others decline. Companies with unique growth advantages or low valuations and high dividend yields will be favored by the market [7][8]. Notable Companies in Consumer Building Materials - **Oriental Yuhong**: Growth driven by overseas markets, with improving gross margins due to raw material price declines [8]. - **Hankow Group**: Expected to maintain over 30% growth [8]. - **San Ke Shu**: Benefiting from rural revitalization and renovation markets [8]. - **Beijing New Materials, Rabbit Baby, and North New Materials**: Notable for their valuation or dividend advantages [8]. Glass Fiber and Cement Sectors - **Glass Fiber**: The sector is experiencing a split between high-end and low-end demand, with leading companies showing strong profitability. Recommended companies include China Jushi and China National Materials [9][10]. - **Cement**: The cement sector is expected to face limited demand elasticity, with supply-side restrictions anticipated to be implemented by the end of next year. Recommended companies include Conch Cement and Huaxin Cement [10]. Steel Industry Outlook - **Steel Demand**: The steel industry is expected to see demand bottoming out, contingent on policy support. Recommended leading companies include Baosteel, Nanjing Steel, and CITIC Special Steel [11][12]. Aluminum Industry Insights - **Aluminum Demand**: The aluminum sector is benefiting from increased demand due to renewable energy needs, with domestic production nearing capacity limits. Companies like Yunnan Aluminum are favored for long-term investments [13]. Coking Coal Market Analysis - **Coking Coal Trends**: The coking coal market is expected to recover from a poor first half of 2025, with prices anticipated to rise due to supply constraints and resource depletion. Recommended companies include North China Mining and Shanxi Coking Coal [14][15].

（编辑 丛可心 袁冠琳） 证券日报网讯 12月2日，志特新材在互动平台回答投资者提问时表示，公司附着式升降作业安全防护平 台产品亦称"爬架"，是搭设一定高度并附着于工程结构上，依靠自身的升降设备和装置，可随工程结构 逐层爬升或下降，具有防倾覆、防坠落装置的外脚手架，是高层住宅建筑绿色施工关键技术应用之一。 防护平台业务能够为客户提供协同服务，具有经济高效、低碳环保、安全可靠、文明美观和智能化等综 合优势，是公司产品体系的重要一环。具体业务情况请以公司公开披露信息为准。 ...

Core Viewpoint - The recent fire incident at Hong Kong's Ma On Shan estate has reignited the debate over the safety of bamboo scaffolding, a traditional construction method in the region, highlighting the need for improved safety standards and potential shifts towards metal scaffolding [1][2][9]. Industry Overview - Bamboo scaffolding has been a longstanding practice in Hong Kong, valued for its low cost and flexibility, especially in narrow urban spaces. It is recognized as an intangible cultural heritage [2][12]. - As of June 2025, there were 2,534 registered bamboo scaffolders compared to 7,830 metal scaffolders, indicating a significant reliance on bamboo scaffolding in the industry [6]. Safety Concerns - The fire at Ma On Shan estate resulted in 146 fatalities and highlighted the rapid spread of flames due to the combustible nature of bamboo scaffolding and the materials used in construction, such as non-compliant protective nets [9][10][13]. - Experts have pointed out that the protective nets used in the construction did not meet fire safety standards, contributing to the fire's intensity and spread [10][11]. Regulatory Response - Following the incident, the Hong Kong government announced plans to review fire safety standards for construction sites and promote the use of metal scaffolding as a safer alternative [22]. - The government has committed to providing retraining and transition support for workers currently employed in bamboo scaffolding [22]. Economic Impact - The bamboo scaffolding industry faces challenges as younger workers are less inclined to enter the field, leading to an aging workforce. Many workers express concerns about their future job security amid potential policy changes [20][22]. - The cost of bamboo scaffolding is approximately HKD 300 per square meter, while metal scaffolding costs around HKD 600 per square meter, making bamboo scaffolding a more economically viable option for many small contractors [18]. Cultural Significance - Bamboo scaffolding is not only a construction method but also a cultural practice that supports the livelihoods of many workers in Hong Kong. The potential shift to metal scaffolding raises concerns about the preservation of this traditional craft [2][19].

2025年1至6月份，*ST围海的营业收入构成为：建筑施工占比91.76%，技术服务占比8.13%，其他业务 收入占比0.12%。 （记者 王晓波） 截至发稿，*ST围海市值为47亿元。 每经AI快讯，*ST围海（SZ 002586，收盘价：4.1元）11月28日晚间发布公告称，公司第七届第三十一 次董事会会议于2025年11月28日以现场方式召开。会议审议了《关于前期会计差错更正及相关定期报告 更正的议案》等文件。 每经头条（nbdtoutiao）——已有75人遇难，1名死者为消防员，还有10名消防员受伤！记者现场直击香 港大埔火灾：燃烧的宏福苑，五级大火的五个谜团 ...

Core Viewpoint - China Chengxin International has assigned an "AA+" rating to Fujian Construction Group Co., Ltd, highlighting its strong competitive advantage in the construction sector within Fujian Province and stable cash flow from operations [1][3]. Group 1: Company Overview - Fujian Construction Group was established in 1953 as Fujian Provincial Construction Engineering Bureau and has undergone several name changes and structural reforms, becoming a wholly-owned subsidiary of Fujian Construction Investment Group in 2024 [2]. - The company's main business includes engineering contracting, real estate development, and commercial trade, achieving operating revenues of 28.108 billion yuan in 2024 and 10.085 billion yuan in the first half of 2025 [2]. Group 2: Credit Rating Insights - The rating agency acknowledges the company's competitive strengths, including the ongoing revenue and profit contributions from the Beijing Wuyi project and good liquidity [1]. - However, there are concerns regarding the significant changes in the controlling shareholder and the potential impacts on the company's development, business structure, and financial status [1]. - The company has experienced a decline in new contract amounts and total operating revenue, alongside a substantial decrease in income and collections from the real estate sector, raising concerns about project liquidation and impairment risks [1].

Core Viewpoint - The article reports on administrative penalties imposed on Zhongru Kexinda Construction Group Co., Ltd. for safety violations during construction activities, including a fine of 10,000 RMB due to non-compliance with safety regulations [1][3]. Group 1: Administrative Penalties - On November 24, 2025, Kexinda Construction Group received a fine from the Dongguan Housing and Urban-Rural Development Bureau for safety violations during construction [1][3]. - The violations were identified during a supervision inspection on September 9, 2025, where multiple safety hazards were noted, including improper spacing of support structures and inadequate safety measures [2][3]. - The fine imposed was 10,000 RMB, based on the "Regulations on Safety Management of High-Risk Construction Projects" [3]. Group 2: Procurement Ban - From December 16, 2024, to December 16, 2027, Kexinda Construction Group is banned from participating in military procurement activities due to violations such as collusion in bidding [4][5]. - The ban also extends to other companies controlled or managed by its legal representative, Gao Chunshan, during the penalty period [5]. Group 3: Company Overview - Zhongru Kexinda Construction Group was established in May 2000, with a registered capital of 31,900 million RMB and is led by legal representative Gao Chunshan [11]. - The company operates in various sectors, including construction, real estate, finance, and supply chain management, and has over 10 wholly-owned subsidiaries [9]. - In 2024, the group's contract value reached 6.25 billion RMB [9].