1月6日，华新建材盘中下跌2.02%，截至09:53，报24.71元/股，成交6672.59万元，换手率0.20%，总市 值513.72亿元。 资金流向方面，主力资金净流出327.74万元，特大单买入0.00元，占比0.00%，卖出248.87万元，占比 3.73%；大单买入731.23万元，占比10.96%，卖出810.10万元，占比12.14%。 华新建材今年以来股价涨0.69%，近5个交易日涨1.10%，近20日涨8.85%，近60日涨24.30%。 资料显示，华新建材集团股份有限公司位于湖北省武汉市东湖新技术开发区高新大道426号华新大厦B 座,香港铜锣湾希慎道33号利园1期19楼1917室，成立日期1993年11月30日，上市日期1994年1月3日，公 司主营业务涉及水泥制造和销售、从事水泥技术服务、水泥设备的研究、制造及安装修理、水泥进出口 贸易商品混凝土、骨料及其他建材制品的制造、销售;承包境外建材行业工程及境内国际招标工程;对外 派遣实施上述境外工程所需的劳务人员等。主营业务收入构成为：水泥销售54.56%，混凝土销售 21.54%，骨料销售17.22%，其他4.21%，熟料销售2.47%。 ...

资料显示，华新建材集团股份有限公司位于湖北省武汉市东湖新技术开发区高新大道426号华新大厦B 座,香港铜锣湾希慎道33号利园1期19楼1917室，成立日期1993年11月30日，上市日期1994年1月3日，公 司主营业务涉及水泥制造和销售、从事水泥技术服务、水泥设备的研究、制造及安装修理、水泥进出口 贸易商品混凝土、骨料及其他建材制品的制造、销售;承包境外建材行业工程及境内国际招标工程;对外 派遣实施上述境外工程所需的劳务人员等。主营业务收入构成为：水泥销售54.56%，混凝土销售 21.54%，骨料销售17.22%，其他4.21%，熟料销售2.47%。 华新建材所属申万行业为：建筑材料-水泥-水泥制造。所属概念板块包括：水电概念、增持回购、 MSCI中国、大盘、融资融券等。 截至9月30日，华新建材股东户数4.26万，较上期减少6.81%；人均流通股0股，较上期增加0.00%。2025 年1月-9月，华新建材实现营业收入250.33亿元，同比增长1.27%；归母净利润20.04亿元，同比增长 76.01%。 1月5日，华新建材盘中上涨2.12%，截至10:49，报25.06元/股，成交9841.05万元，换 ...

Investment Rating - The report assigns an "Accumulate" rating for the first time [2]. Core Insights - The company is driven by dual engines of "building materials" and "new economic investments," indicating a promising future [4][36]. - The cement business remains robust, with industry-leading profitability metrics, providing a solid performance foundation [4][13]. - The company has entered a harvest phase for its equity investments, particularly in semiconductor, new energy, and new materials sectors, which are expected to mitigate cyclical risks and foster new growth engines [30][36]. - The company has shown a significant recovery in performance, with net profit for the first three quarters of 2025 reaching 5.51 billion, a year-on-year increase of 45.9% [37]. - The company maintains a generous dividend policy, with a commitment to distribute at least 35% of net profit as cash dividends, translating to a dividend yield of approximately 3.47% based on current market capitalization [42]. Summary by Sections Company Overview - Gansu Shafeng Cement Co., Ltd. primarily engages in the production and sale of cement and related building materials, with a focus on optimizing resources and expanding into related industries [11]. Cement Business Stability and Profitability - The traditional cement business, despite facing industry cycles, has maintained high gross margins and return on equity (ROE), positioning the company favorably within the industry [4][13]. - In 2024, cement and related materials accounted for 96.72% of total revenue, with cement alone contributing 70.55% [13]. Equity Investment Harvest Phase - The company has strategically invested over 1.7 billion in key technology sectors, with equity investments contributing approximately 31% to net profit in the first three quarters of 2025 [30][36]. Performance Recovery - The company reported a net profit of 5.51 billion for the first three quarters of 2025, marking a significant recovery from previous years [37]. Generous Dividend Policy - The company has a history of consistent dividend payouts, with a planned minimum cash dividend of 4 billion annually for 2025-2026, reflecting a strong commitment to shareholder returns [42]. Investment Outlook - The report forecasts earnings per share (EPS) of 0.72, 0.87, and 0.92 for 2025, 2026, and 2027 respectively, indicating a positive growth trajectory [43].

Investment Rating - The report assigns an "Accumulate" rating for the company for the first time [2]. Core Viewpoints - The company is driven by dual engines of "building materials" and "new economy investments," showing promising growth potential [4][36]. - The cement business remains robust with industry-leading profitability, supported by optimized regional layouts and refined operations [4][13]. - The company has entered a harvest period for equity investments, particularly in semiconductor, new energy, and new materials sectors, which are expected to mitigate cyclical risks of the main business [4][30]. - The company has a strong commitment to dividends, with a planned cash dividend of no less than 35% of net profit for 2025-2026, translating to a dividend yield of approximately 3.47% based on current market capitalization [4][42]. Summary by Sections Company Overview - Gansu Shangfeng Cement Co., Ltd. primarily engages in the production and sale of cement and related building materials, with a focus on optimizing resources and expanding into new economic sectors [11]. Cement Business Stability and Profitability - The cement business accounts for 96.72% of revenue, with cement sales contributing 70.55% and clinker sales 16.88% [13]. - The company maintains a leading position in key profitability metrics such as gross margin and return on equity (ROE) [23][29]. - Despite a decline in cement production and sales, the company achieved a net profit of 5.51 billion and a net profit attributable to shareholders of 5.28 billion for the first three quarters of 2025, reflecting year-on-year increases of 45.9% and 30.56% respectively [4][37]. Equity Investment Harvest Period - The company has invested over 1.7 billion in equity investments, contributing approximately 31% to net profit in the first three quarters of 2025 [30][35]. - The strategic focus on sectors supported by national policies is expected to create new growth engines [30]. Performance Recovery - The company reported a total revenue of 54.48 billion for 2024, a decrease of 14.83% year-on-year, but the decline has narrowed in 2025 [37]. - The operating cash flow reached 7.55 billion, indicating a 2.34% year-on-year increase, with a low debt ratio of 42.65% [38]. Generous Dividends and Investor Returns - The company has consistently returned value to shareholders, with a dividend payout ratio of 95.73% in 2024 [42]. - Future dividend plans include a minimum of 4 billion in cash dividends annually, reinforcing the company's commitment to shareholder returns [42]. Summary and Investment Recommendations - The company is well-positioned for sustainable growth, with a strong foundation in its cement business and promising prospects in new economic sectors [43]. - Earnings per share (EPS) are projected to be 0.72, 0.87, and 0.92 for 2025-2027, with corresponding price-to-earnings (PE) ratios of 16.56, 13.8, and 13 [43].

同时，技术赋能让碳减排从纸面要求变为刚性约束。宁波上线建筑材料数字监管平台，要求企业上传每 批次混凝土的原材料配比数据，通过平台抽查与台账核验相结合的方式，实现了碳排放全流程可追溯。 这种"数据留痕+精准核查"的监管模式，消除了低碳采购难以量化、无法追责的行业痛点。 当前，我国正加快构建完善绿色采购相关标准体系。宁波的实践表明，只有将抽象的减碳目标转化为具 体的量化指标，将环保要求转化为刚性的监管机制，才能真正推动产业从"要我减碳"向"我要减碳"转 变。政府通过采购需求释放明确信号，引导企业加大技改投入，研发低碳生产技术；企业则在满足采购 标准的过程中，提高自身生产的绿色化水平。这种由政府主导、企业参与的转型路径，既契合通过绿色 采购倒逼产业减碳的通行做法，也为建材行业低碳转型提供了经验。 据《中国政府采购报》报道，浙江省宁波市将开展政府采购绿色低碳建材试点，探索把"碳排放限值"纳 入采购需求。宁波此次试点以混凝土为切入点，在采购需求中按照"平均先进"原则设定二氧化碳当量排 放上限值，即每立方米混凝土出厂碳排放不得高于251kgCO2e。据测算，这一要求既符合本地产业实 际，可覆盖全市约48%的产能，确保产品 ...

每经AI快讯，华新建材（SH 600801，收盘价：23.93元）12月23日晚间发布公告称，华新建材集团股份 有限公司于近日接到公司持股5%以上的股东华新集团有限公司通知，华新集团拟自本公告披露之日起6 个月内通过上海证券交易所交易系统以集中竞价交易方式增持公司A股股份，增持总金额不低于人民币 2亿元，不超过人民币4亿元。 2025年1至6月份，华新建材的营业收入构成为：水泥占比54.56%，混凝土占比21.54%，骨料占比 17.22%，其他占比4.21%，商品熟料占比2.47%。 每经头条（nbdtoutiao）——地产"优等生"受困20亿元到期债务，首次债务展期仍在博弈，明年还有超 百亿元公开债到期 （记者 曾健辉） 截至发稿，华新建材市值为498亿元。 ...

长江商报消息●长江商报记者 黄聪 主业业绩保持增长及领先竞争力的同时，上峰水泥（000672.SZ）新质投资业务业绩贡献比例上升。 12月21日晚间，上峰水泥发布公告称，公司投资的粤芯半导体技术股份有限公司（以下简称"粤芯半导 体"）首次公开发行股票并在创业板上市申请于2025年12月19日获深圳证券交易所受理。 据了解，粤芯半导体是广东省自主培养且首家进入量产的12英寸晶圆制造企业，为国家集成电路产业战 略布局提供重要的产能支撑。 业绩方面，2025年前三季度，上峰水泥实现营业收入35.98亿元，同比下降5.69%；归母净利润5.28亿 元，同比增长30.56%。 值得一提的是，前三季度，上峰水泥股权投资收益及各类资本类业务投资对净利润合计贡献约1.7亿 元，约占到净利润贡献比例的31%。 粤芯半导体预计2029年盈利 12月21日晚间，上峰水泥发布公告称，公司通过全资子公司宁波上融物流有限公司（以下简称"宁波上 融"）为出资主体分别与专业机构合资成立的私募股权投资基金——上海芯濮然创业投资合伙企业（有 限合伙）（以下简称"上海芯濮然"）、苏州晶璞创业投资合伙企业（有限合伙）（以下简称"苏州晶 璞"）及苏州 ...

Core Insights - The event "2025 Engineering Materials and Supply Chain Finance Connection and Sandstone Circle Central China Exchange" was held in Wuhan, focusing on the engineering materials industry and supply chain finance [1][3] - The event aimed to address pain points and demands in the engineering materials industry, gathering over 200 industry elites from various sectors including government, mining, logistics, and finance [3] Group 1: Event Overview - The event emphasized "pragmatic connection, resource sharing, and collaborative win-win" as its core mission [3] - A diverse agenda included discussions on supply chain finance, resource matching, cost reduction, efficiency enhancement, and overseas expansion [5] - The event featured case studies, project recommendations, and interactive interviews to provide practical industry insights [5] Group 2: Key Presentations and Highlights - The General Manager of Zhihua Group, Xiong Xiang, presented the company's operations in mining, logistics, technology, and trade, highlighting investment and development progress in Zimbabwe's mineral projects [5] - The White Dew team, a leading entity in the sandstone sector, shared macro data on engineering materials, gaining recognition for their industry insights and resource integration capabilities [7] - Notable resource recommendations included a limestone project with reserves of 360 million tons and an annual production capacity of 10 million tons from Hubei Huangying Rock New Materials [7] Group 3: Strategic Collaborations and Initiatives - A strategic cooperation signing ceremony took place between Zhihua Chain Cloud and China Electric Power Construction Longcai (Xishui) New Materials, focusing on sand and stone production and sales collaboration, multimodal transport optimization, and green recycling [9] - The Zhihua Chain Cloud platform launched exclusive activities for sand and stone resources, which were quickly sold out, indicating high demand and the platform's effective supply-demand matching capabilities [10] - The event concluded with a commitment to continue linking quality resources in the engineering materials industry and innovating service models for high-quality development [10]

Core Viewpoint - The Shandong Provincial Department of Industry and Information Technology, along with five other departments, has issued the "Shandong Province Red Mud Comprehensive Utilization Action Plan" to promote the reduction, control, and utilization of red mud, aiming for a comprehensive utilization rate of over 18% by 2027 [1][2]. Group 1: Red Mud Management - Red mud is a key industrial waste generated during alumina production, and Shandong is a major alumina production province with significant red mud generation and storage challenges [1]. - The plan emphasizes a lifecycle management system covering "generation—transportation—utilization—disposal" with a focus on "reduction, resource utilization, and harmlessness" [1]. Group 2: Technological Advancements - The plan encourages alumina production companies to enhance technological upgrades, utilizing big data and artificial intelligence for green and intelligent transformations [1]. - Establishing intelligent production systems with functions for process optimization, dynamic scheduling, and energy consumption management is a key objective [1]. Group 3: Utilization Pathways - Shandong will optimize the "low-cost selection of metal elements from red mud + roadbed, building materials, permeable bricks, and road slope protection" model to expand the scale of existing utilization pathways [2]. - Cities like Zibo, Yantai, Liaocheng, and Binzhou are encouraged to produce various products from red mud, including sintered bricks, non-fired bricks, and permeable bricks, while also exploring its use in construction materials and chemical products [2].

每经AI快讯，华新建材（SH 600801，收盘价：22.55元）12月9日晚间发布公告称，公司第十一届第二 十次董事会会议于2025年12月9日以通讯表决方式召开。会议审议了《关于调整2025年A股限制性股票 激励计划相关事项的议案》等文件。 2025年1至6月份，华新建材的营业收入构成为：水泥占比54.56%，混凝土占比21.54%，骨料占比 17.22%，其他占比4.21%，商品熟料占比2.47%。 截至发稿，华新建材市值为469亿元。 每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 （记者 曾健辉） ...