2025年，"好房子"首次被写入政府工作报告，相关产业也迎来新的机遇与挑战。建筑陶瓷是国内消费量 最大的室内外及家居用品装饰材料之一，行业头部企业纷纷加速创新，助力"好房子"建设。 目前，我国建筑陶瓷行业企业众多、竞争激烈。根据中国建筑卫生陶瓷协会发布的《2024年全国建筑陶 瓷、卫生洁具统计数据》，2024年，建筑陶瓷工业规模以上企业单位数共993家，较2023年减少29家， 显示出市场淘汰力度加剧。截至2024年，全国建筑陶瓷生产线数量由2022年的2485条减少至2193条，退 出率为11.75%。 8月1日，广东东鹏控股（003012）股份有限公司(以下简称"东鹏控股")在广东省佛山市举行新品发布 会，公司多款瓷砖新品和陶瓷材料新品悉数亮相，产品实现全面升级。与此同时，围绕"好房子"理念， 东鹏控股推出了工程渠道产品升级方案，满足高品质居住需求。 中国建筑材料工业规划研究院党委书记、院长曾令荣对《证券日报》记者表示："目前陶瓷行业处于市 场低迷期，头部企业更加需要在技术层面持续创新突破，在产品设计上创新，并且在绿色环保表现更加 突出，提升市场竞争力。" 东鹏控股工程市场中心战略客户部总经理王志捷在接受 ...

（文章来源：证券日报） 证券日报网讯 8月1日晚间，东鹏控股发布公告称，截至2025年7月31日，公司通过股票回购专用证券账 户以集中竞价方式累计回购公司股份15，666，500股，占公司目前总股本的1.35%。 ...

近日，贵阳市市场监督管理局发布产品质量安全监督抽检信息公告（2025年第2期）。公告称，根据 《中华人民共和国产品质量法》规定和有关工作部署，该局近期组织开展了水泥、建筑用钢筋、钢化玻 璃等24种产品质量监督抽查。其中，此次共对3家生产企业生产的7批次陶瓷砖、4家销售商销售的7批次 陶瓷砖产品质量开展了监督抽查，涉及贵阳市花溪区、白云区、清镇市等3个区（市）。经检验，未发 现不合格产品。此外，此次共对5家销售商销售的10批次卫生陶瓷产品质量开展了监督抽查，涉及贵阳 市花溪区。经检验，未发现不合格产品。 ...

Core Viewpoint - Marco Polo Holdings demonstrates continuous innovation across multiple dimensions, including products, technology, and culture, which fuels its development and showcases its potential as it approaches its IPO in 2025 [1] Group 1: Product Innovation - The journey of innovation began with the launch of matte antique tiles, addressing market demand and establishing a competitive edge [3] - The company releases hundreds of new products annually, exemplified by the upgraded anti-slip tiles that enhance surface texture while maintaining performance [5] - The success of curved rock slabs, which won the 2024 iF Design Award, highlights the company's innovative design and performance on an international stage [5] Group 2: Technological Advancements - Marco Polo Holdings has established multiple innovation platforms, including 2 national and 8 provincial platforms, and has achieved significant technological advancements, with 42 technologies reaching international standards [7] - The application of advanced manufacturing technologies, such as electrostatic glazing and heated ceramic tile production, has improved product quality and production efficiency while reducing costs [7] Group 3: Digital Transformation - The company is actively pursuing automation and digital transformation, implementing a comprehensive information management system that enhances production efficiency and product quality [9] Group 4: Cultural Innovation - The establishment of the first architectural ceramics museum, now a national secondary museum, serves as a platform for cultural innovation and collaboration with artists and universities [11] - The "Impression Dunhuang" tile series showcased at the 136th China Import and Export Fair exemplifies the market competitiveness of culturally innovative products [11] Group 5: Future Strategy - Marco Polo Holdings plans to deepen its innovation-driven development strategy, focusing on increased investment in technology, product quality, cultural innovation, and international market expansion [13]

Core Viewpoint - The company, Diou Home (002798.SZ), plans to adjust the use of funds raised from its convertible bonds, reallocating approximately 477 million yuan to permanently supplement its working capital due to changes in market conditions and operational needs [2][3][4]. Fund Allocation Changes - Diou Home has decided to change the funding purpose of its previously planned projects, specifically the "Oushinou Eight Group Annual Production of 50 Million Square Meters High-End Wall and Floor Tile Intelligent Production Line (Energy Saving and Emission Reduction, Water Saving) Project Phase II" and the "Two Groups Annual Production of 13 Million Square Meters High-End Ceramic Floor Tile Intelligent Production Line Project" [2][3]. - The company had initially raised 1.5 billion yuan through convertible bonds in 2021, with a net amount of approximately 1.482 billion yuan after deducting issuance costs [4]. Operational Adjustments - The decision to repurpose the remaining funds is based on the current market environment and competition, which have significantly changed since the original project plans were made [5][6]. - The company has already utilized 400 million yuan of idle funds to temporarily supplement working capital, which has not yet been repaid [4]. Production Capacity - Diou Home asserts that its current production capacity meets demand, and the new ceramic production lines and technological upgrades have sufficiently addressed the company's needs [5][6]. - The company completed a large-scale high-performance ceramic production line in November 2021, which significantly enhanced its capacity for large-format ceramic slabs [5]. Future Considerations - The company emphasizes the importance of maintaining liquidity to manage potential risks in an uncertain market environment, hence the decision to allocate funds to working capital rather than continuing with the original investment projects [4][5].

Core Viewpoint - The company demonstrates strong confidence in its future development, as evidenced by significant share buyback plans from its chairman and major shareholders, indicating a positive outlook for the company's long-term value [1][2]. Group 1: Share Buyback Plans - The chairman of the company, Zhu Jiang, along with his action group Chengdu Shuihua Internet Technology Co., Ltd., plans to increase their shareholding by a total of 37.5 million yuan within six months, showcasing their commitment to the company's growth [1]. - Zhu Jiang plans to invest 10 million yuan, while Shuihua Internet intends to invest 20 million yuan, with a three-year lock-up period for the shares acquired [1]. - The Sichuan Development Securities Investment Fund, a major shareholder, plans to increase its holdings by purchasing 4.9863 million shares and converting 3.94 million "Dio Convertible Bonds" into shares, with a total investment of between 40 million and 60 million yuan over the next six months [2]. Group 2: Company Overview and Performance - The company is recognized as a leading manufacturer of bathroom and ceramic products in China, with a product line that includes tiles and sanitary ware, aiming to become a top supplier of integrated home decoration solutions [2]. - The company recently released a performance forecast for the first half of 2025, indicating stable revenue from its tile division and positive net cash flow from operating activities, reflecting effective risk management and financial stability [3].

Group 1 - The 2024 Government Work Report emphasizes the importance of advancing a modern industrial system and accelerating the development of new quality productivity through technological innovation [1] - New quality productivity is characterized by high technology, high efficiency, and high quality, aligning with new development concepts [1] - The Central Economic Work Conference highlights the need to utilize digital and green technologies to upgrade traditional industries, which is crucial for revitalizing traditional sectors and ensuring industrial and national security [1] Group 2 - The ceramic industry is undergoing a transformation from traditional high-pollution production methods to a more automated, data-driven, and environmentally friendly approach, achieving near-zero emissions [2] - New Pearl Group has integrated Eastern aesthetics with smart manufacturing, showcasing how traditional industries can leverage technology to achieve high-quality development [6][7] - New Pearl Group has invested over 300 million in a green smart manufacturing demonstration factory, which has won several national awards for its innovative digital platform [7][8] Group 3 - East Peng Holdings is leading the ceramic industry by developing new quality productivity through technological innovation, with a focus on smart and green transformation [12] - The company has implemented a digital big data management system that enhances production efficiency and decision-making capabilities [12][14] - East Peng's production line has shifted from polishing tiles to high-end, flexible, and low-carbon glazed tiles and rock slabs, responding to market demands for personalized products [16] Group 4 - Mona Lisa Group has launched the world's first zero-carbon ceramic production line using liquid ammonia as a fuel, significantly reducing carbon emissions [18][19] - The company aims to achieve a "zero factory" goal, with 100% recycling of waste and a high degree of automation [20] - The potential for liquid ammonia as a clean energy alternative is significant, but it faces challenges in terms of policy support and cost [21][22] Group 5 - Guotai, a traditional industry player, is also advancing in digital applications, paralleling the transformation seen in the ceramic industry [24] - The company has developed a comprehensive intelligent brewing system that enhances productivity and quality in the liquor sector [24]

Core Viewpoint - The company, Diou Home (002798), is expected to report a significant net loss for the first half of 2025, indicating ongoing financial challenges [1] Financial Performance - The projected net loss attributable to shareholders is estimated to be between 75 million and 95 million yuan, compared to a loss of 55.0654 million yuan in the same period last year [1] - The net loss after deducting non-recurring gains and losses is expected to be between 82 million and 102 million yuan, compared to a loss of 71.2692 million yuan in the previous year [1] - The basic earnings per share are projected to be a loss of 0.2016 to 0.2554 yuan per share, compared to a loss of 0.1504 yuan per share in the same period last year [1] - The expected operating revenue is projected to be between 1.1 billion and 1.25 billion yuan, down from 1.39 billion yuan in the same period last year [1]

Core Viewpoint - The promulgation of the "Private Economy Promotion Law" in China is a significant boost for the private sector, providing a sense of security for private entrepreneurs and expanding their development space [2][5]. Group 1: Impact of the Private Economy Promotion Law - The law establishes a nationwide unified negative list for market access, allowing private enterprises to enter any field not listed, thus broadening their opportunities for growth [2]. - Private enterprises are crucial to China's technological innovation, with over 92% of national high-tech enterprises and 95% of specialized and innovative small and medium-sized enterprises being privately owned [2]. Group 2: Technological Innovation at Mona Lisa Group - Mona Lisa Group has established the world's first demonstration production line for zero-carbon ammonia-hydrogen combustion technology, marking a significant achievement in the high-temperature industrial sector [3]. - Despite facing challenges such as high costs of ammonia compared to natural gas and difficulties in obtaining technical transformation subsidies, the company remains committed to technological innovation to enhance product competitiveness [3][6]. - Technological innovation has allowed Mona Lisa to offer differentiated products, improving average prices and profit margins, which is essential for survival in the current market environment [3]. Group 3: Industry Influence and Brand Image - The breakthroughs in zero-carbon ammonia-hydrogen combustion technology have garnered widespread attention, enhancing the brand image of Mona Lisa and the overall reputation of the Chinese ceramic industry [4]. Group 4: Future Directions and Challenges - The Private Economy Promotion Law encourages private enterprises to play an active role in technological innovation and the development of modern industrial systems [5]. - Mona Lisa aims to become a century-old enterprise by focusing on quality, delivery, cost, and innovation, with technological innovation being a key component for high-quality development [5][6]. - The company recognizes the need to adapt to market changes and maintain competitive advantages through continuous research and development [5][6].

Core Viewpoint - Shanghai Yueshen Health Group plans to use surplus reserves of 72.85 million yuan and capital reserves of 141 million yuan, totaling 214 million yuan, to offset cumulative losses, resulting in a significant reduction of its reserves and a nearly 400% drop in net profit for 2024 [1][2][4]. Financial Summary - For 2024, the company reported revenue of 1.204 billion yuan, a year-on-year decrease of 5.79%, and a net profit attributable to shareholders of -147 million yuan, a staggering decline of 393.87% [4]. - The company has experienced negative net profits for three consecutive years, with cumulative losses exceeding 500 million yuan, indicating concerns over its core business's ability to generate profits [4]. - The company's operating cash flow also decreased by 33.48% year-on-year, amounting to 82.23 million yuan [4]. Business Transformation - Yueshen Health, originally focused on ceramic tiles, has been transitioning into the health sector since 2015, with its business now encompassing building materials, health services, and investment property leasing [5]. - The company’s building materials segment primarily focuses on high-end ceramic tile brand "Simik," while its health services include various care systems and training programs [5]. Loss Factors - The primary reasons for the company's losses include a decline in revenue from the ceramic tile business due to reduced market demand, increased competition, and rising costs [3]. - The company has also faced challenges related to the long investment cycle of its health projects and asset impairment losses, which have further exacerbated its financial difficulties [4].