Group 1 - The core viewpoint indicates that high-quality companies in the consumer building materials sector are expected to further highlight their alpha, with price increases in Q3 2025 being noteworthy [1] - Demand for residential real estate remains relatively weak in Q3 2025, while retail building materials are expected to perform relatively well [1] - Sectors with strong brand value, retail attributes, and high renovation ratios, such as coatings and tiles, are anticipated to shine, particularly leading companies with strong brands and channels [1] Group 2 - Urbanization rates are gradually increasing in regions like Africa and South America, leading to a favorable pattern for post-cycle renovation building materials, maintaining good prosperity [1] - The building materials ETF (159745) tracks the CSI All-Share Building Materials Index, encompassing segments like cement, glass, and consumer building materials [1] - As of October 9, 2025, the building materials ETF has a scale of 1.106 billion, ranking first among three similar products [1]