11月26日，韩建河山盘中下跌2.07%，截至10:49，报5.68元/股，成交3646.47万元，换手率1.64%，总市 值22.23亿元。 资金流向方面，主力资金净流出386.91万元，大单买入122.56万元，占比3.36%，卖出509.48万元，占比 13.97%。 韩建河山今年以来股价涨61.82%，近5个交易日跌1.90%，近20日涨4.60%，近60日跌3.07%。 今年以来韩建河山已经13次登上龙虎榜，最近一次登上龙虎榜为11月5日，当日龙虎榜净买入-3344.94 万元；买入总计5085.99万元 ，占总成交额比7.05%；卖出总计8430.93万元 ，占总成交额比11.69%。 资料显示，北京韩建河山管业股份有限公司位于北京市房山区良乡镇卓秀路北街智汇雅苑6号院6号楼8 层，成立日期2004年7月7日，上市日期2015年6月11日，公司主营业务涉及预应力钢筒混凝土管 (PCCP)、钢筋混凝土排水管(RCP)和商品混凝土研发、生产与销售。主营业务收入构成为：PCCP、 RCP80.18%，混凝土外加剂10.28%，环保工程及设备9.54%。 韩建河山所属申万行业为：建筑材料-水泥-水泥制品。 ...

Group 1 - The stock price of Han Jian He Shan increased by 2.11% on November 25, reaching 5.80 CNY per share, with a total market capitalization of 2.27 billion CNY [1] - Year-to-date, the stock price has risen by 65.24%, but it has seen a decline of 3.65% in the last five trading days [1] - The company has appeared on the trading leaderboard 13 times this year, with the most recent appearance on November 5, where it recorded a net buy of -33.44 million CNY [1] Group 2 - Han Jian He Shan was established on July 7, 2004, and went public on June 11, 2015, focusing on the research, production, and sales of PCCP, RCP, and concrete additives [2] - The main revenue sources are PCCP and RCP, accounting for 80.18% of total revenue, while concrete additives contribute 10.28% and environmental engineering and equipment account for 9.54% [2] - As of September 30, the number of shareholders decreased by 11.65% to 39,400, while the average circulating shares per person increased by 14.05% to 9,757 shares [2] Group 3 - Since its A-share listing, Han Jian He Shan has distributed a total of 24.62 million CNY in dividends, with no dividends paid in the last three years [3]

11月21日，西部建设盘中上涨2.15%，截至11:26，报6.65元/股，成交7865.97万元，换手率0.96%，总市 值83.95亿元。 西部建设今年以来股价涨3.02%，近5个交易日跌1.63%，近20日跌0.45%，近60日跌5.00%。 机构持仓方面，截止2025年9月30日，西部建设十大流通股东中，香港中央结算有限公司位居第七大流 通股东，持股761.97万股，相比上期减少287.45万股。 今年以来西部建设已经3次登上龙虎榜，最近一次登上龙虎榜为8月13日，当日龙虎榜净买入249.09万 元；买入总计1.02亿元 ，占总成交额比11.45%；卖出总计9910.00万元 ，占总成交额比11.17%。 责任编辑：小浪快报 截至11月10日，西部建设股东户数6.86万，较上期增加0.20%；人均流通股18391股，较上期减少 0.20%。2025年1月-9月，西部建设实现营业收入138.81亿元，同比减少7.57%；归母净利润-1.98亿元， 同比减少2141.86%。 资金流向方面，主力资金净流入390.65万元，大单买入829.19万元，占比10.54%，卖出438.54万元，占 比5.58%。 ...

Group 1 - The core viewpoint of the news is that Longquan Co., Ltd. has experienced fluctuations in its stock price, with a current price of 5.31 CNY per share and a market capitalization of 2.993 billion CNY, while the company has shown a year-to-date stock price increase of 17.22% [1] - As of November 10, 2023, Longquan Co., Ltd. reported a total revenue of 1.179 billion CNY for the period from January to September 2023, representing a year-on-year growth of 52.59%, and a net profit attributable to shareholders of 122 million CNY, which is a 53.54% increase compared to the previous year [2] - The company specializes in the production and sales of prestressed concrete pipes (PCCP) and high-end metal pipe fittings, with its main business revenue composition being 75.82% from PCCP and 23.00% from metal fittings and valves [1] Group 2 - Longquan Co., Ltd. has a total of 24,500 shareholders as of November 10, 2023, which is a decrease of 1.78% from the previous period, while the average number of circulating shares per shareholder has increased by 1.73% to 22,403 shares [2] - The company has cumulatively distributed 138 million CNY in dividends since its A-share listing, with no dividends distributed in the past three years [3] - As of September 30, 2025, the third-largest circulating shareholder is the Nuoan Multi-Strategy Mixed Fund, holding 3.3161 million shares, while the Jinyuan Shun'an Yuanqi Flexible Allocation Mixed Fund has exited the top ten circulating shareholders list [3]

投资者关系活动记录表 编号：2025-005 投资者关系活动 类别 特定对象调研 □分析师会议 □媒体采访 ☐ 业绩说明会 □新闻发布会 □路演活动 □现场参观 ☐ 其他 活动参与人员 一、参与人员： 北京世邦私募基金管理有限公司 崔卫国、于千可、武颖、 戴修云、沙秀峰、温成友、牛晓波、王晓春、傅良明、张 诗堃 二、上市公司接待人员姓名： 董事会秘书：余俊乐 财务总监：曾立军 证券事务代表：高永恒 时间 2025 年 11 月 18 日（星期二）10:00-10:30 地点 公司二楼会议室 形式 腾讯会议 交流内容及具体 问答记录 一、公司情况介绍 董事会秘书余俊乐先生对公司主营业务及发展规划进行 介绍。 二、互动问答环节 1、问：预计未来五年内，公司产品在地下管网的销售情 况如何？ 答：公司主要产品为预应力高强混凝土桩，广泛应用于工 业、交通、市政工程、民用建筑、光伏、风电、水利等诸 | 多领域。近年来，预制混凝土桩应用场景呈现多元化的趋 | | --- | | 势。公司将持续关注地下管网相关政策和市场动向，若相 | | 关工程存在基础建设等相关需求，公司将依托产品特性积 | | 极把握业务机会。 | | ...

天眼查App显示，近日，宜兴市恒筑水泥制品有限公司成立，法定代表人为关家红，注册资本66万人民 币，经营范围为许可项目：建设工程施工；电气安装服务；住宅室内装饰装修；施工专业作业；建设工 程设计；建设工程监理；建筑劳务分包（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：水泥制品销售；建筑用石加工；建筑材料销售；建筑装饰材 料销售；金属材料销售；建筑用钢筋产品销售；保温材料销售；建筑防水卷材产品销售；隔热和隔音材 料销售；轻质建筑材料销售；塑料制品销售；配电开关控制设备销售；灯具销售；五金产品零售；劳动 保护用品销售；木材销售；园林绿化工程施工；土石方工程施工；市政设施管理；体育场地设施工程施 工；金属门窗工程施工；工程管理服务；对外承包工程；住宅水电安装维护服务；普通机械设备安装服 务；装卸搬运；机械设备销售；机械设备租赁；专业设计服务；平面设计；工程造价咨询业务；招投标 代理服务；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）。 ...

天眼查App显示，近日，萧县辰锦水泥制品有限公司成立，法定代表人为杜文仙，注册资本10万人民 币，经营范围为一般项目：水泥制品制造；水泥制品销售；建筑材料销售；轻质建筑材料销售；轻质建 筑材料制造；建筑砌块制造；建筑砌块销售；石灰和石膏销售；土石方工程施工（除许可业务外，可自 主依法经营法律法规非禁止或限制的项目）。 ...

Core Viewpoint - The stock of Western Construction has shown fluctuations in trading performance, with a recent increase of 2.11% and a year-to-date rise of 4.88%, despite a decline in revenue and net profit for the first nine months of 2025 [1][2]. Group 1: Stock Performance - As of November 7, Western Construction's stock price reached 6.77 CNY per share, with a market capitalization of 8.546 billion CNY [1]. - The stock has experienced a net inflow of 284,900 CNY from main funds, with significant buying and selling activities recorded [1]. - Year-to-date, the stock has increased by 4.88%, with a recent 5-day increase of 2.58% and a 20-day decline of 4.78% [1]. Group 2: Company Overview - Western Construction, established on October 18, 2001, and listed on November 3, 2009, is based in Chengdu, Sichuan Province, focusing on high-performance concrete production and sales [2]. - The company's revenue composition includes 95.01% from ready-mixed concrete, with minor contributions from other materials and services [2]. - As of October 31, the number of shareholders decreased by 2.76%, while the average circulating shares per person increased by 2.84% [2]. Group 3: Financial Performance - For the period from January to September 2025, Western Construction reported a revenue of 13.881 billion CNY, reflecting a year-on-year decrease of 7.57% [2]. - The company recorded a net profit attributable to shareholders of -198 million CNY, a significant decline of 2141.86% compared to the previous year [2]. - Cumulatively, the company has distributed 1.242 billion CNY in dividends since its A-share listing, with 423 million CNY in the last three years [3].

Core Viewpoint - Han Jian He Shan's stock price has shown significant volatility, with a year-to-date increase of 57.83% but a recent decline in the last five trading days, indicating potential market fluctuations and investor sentiment shifts [1][2]. Financial Performance - For the period from January to September 2025, Han Jian He Shan achieved a revenue of 548 million yuan, representing a year-on-year growth of 37.39% [2]. - The net profit attributable to the parent company for the same period was 9.76 million yuan, reflecting a substantial year-on-year increase of 123.72% [2]. Stock Market Activity - As of November 3, the stock price was 5.54 yuan per share, with a market capitalization of 2.168 billion yuan [1]. - The stock has been active on the market, appearing on the "Dragon and Tiger List" 11 times this year, with the most recent appearance on July 31, where it recorded a net buy of -32.56 million yuan [1]. Shareholder Information - As of September 30, the number of shareholders was 39,400, a decrease of 11.65% from the previous period, while the average number of circulating shares per shareholder increased by 14.05% to 9,757 shares [2]. Dividend History - Since its A-share listing, Han Jian He Shan has distributed a total of 24.62 million yuan in dividends, with no dividends paid in the last three years [3].

Core Viewpoint - Western Construction, a subsidiary of China State Construction Group, focuses on high-performance ready-mixed concrete production and sales, with a strong competitive advantage in the industry [1] Group 1: Business Performance - In Q3 2025, Western Construction achieved a revenue of 13.881 billion yuan, ranking first among seven companies in the industry, significantly higher than the second-ranked Sanhe Pile's 4.483 billion yuan [2] - The company's net profit for the same period was -185 million yuan, ranking seventh in the industry, with the top performer Longquan Co. achieving a net profit of 126 million yuan [2] - The main business revenue composition shows that ready-mixed concrete accounted for 95.01% of total revenue, amounting to 8.57 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Western Construction's debt-to-asset ratio was 69.99%, higher than the industry average of 66.98%, indicating significant debt pressure [3] - The gross profit margin for the same period was 6.57%, lower than the previous year's 8.45% and far below the industry average of 17.41%, reflecting weak profitability [3] Group 3: Management and Shareholder Information - The chairman, Zhang Weicheng, received a salary of 62,000 yuan in 2024, while the general manager, Bai Jianjun, had a salary of 1.2728 million yuan, a decrease of 200,800 yuan from 2023 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 1.25% to 71,700, while the average number of shares held per shareholder increased by 1.26% to 17,600 shares [5] Group 4: Market Outlook and Strategic Initiatives - Despite a revenue decline of 7.57% year-on-year in Q3 2025, the company maintained a sales volume growth of 1.59%, achieving 15.3014 million cubic meters [5] - The company is actively expanding into overseas markets and optimizing its market structure, with significant new contracts in key strategic regions such as Guangdong, Jiangsu, and Shandong [5] - The company is expected to have EPS of -0.11, 0.14, and 0.27 yuan for the years 2025 to 2027, indicating potential recovery in profitability [5]