2月3日，久立特材涨5.11%，截至发稿，报33.30元/股，成交3.19亿元，换手率1.02%，总市值325.40亿 元。 资料显示，浙江久立特材科技股份有限公司位于浙江省湖州市吴兴区中兴大道1899号，成立日期2004年 1月8日，上市日期2009年12月11日，公司主营业务涉及工业用不锈钢管及特种合金的管材、管件、法 兰、棒材及管道预制件的研发、生产、销售。主营业务收入构成为：无缝管37.97%，复合管33.57%， 焊接管13.44%，合金材料6.25%，其他5.54%，管件3.23%。 从基金十大重仓股角度 数据显示，长城基金旗下1只基金重仓久立特材。长城精选进取3个月持有混合发起式(FOF)A （019678）四季度持有股数2700股，与上期相比持股数量不变，占基金净值比例为0.55%，位居第七大 重仓股。根据测算，今日浮盈赚取约4374元。 长城精选进取3个月持有混合发起式(FOF)A（019678）成立日期2023年11月20日，最新规模1394.69万。 今年以来收益5.99%，同类排名455/1327；近一年收益26.08%，同类排名405/1051；成立以来收益 31.75%。 长城精选 ...

1月27日，久立特材（002318）(002318.SZ)发布2026年员工持股计划(草案)。这也是公司继2025年第一 期员工持股计划完成非交易过户后，公司再次实施员工持股计划，此举成为久立特材践行"长期主义"激 励的重要形式，同时也对外向资本市场释放管理层看好公司长期价值的信号。 公告显示，2026年员工持股计划首次授予部分拟参加对象不超过60人(不包含预留人数)，认购总股数为 9,500,000股，占本次员工持股计划总股数的90.13%；预留股数1040,000股，占本次员工持股计划总股数 的9.87%。合计不超过10,540,000股(含预留份额)，占公司当前股本总额977,170,720股的1.08%。 本员工持股计划筹集资金总额不超过17,559.64万元，以"份"作为认购单位，每份份额为1.00元，本员工 持股计划的份数上限为17,559.64万份。持股计划的存续期为96个月，所获标的股票锁定为12个月。 公告称，本次员工持股计划参加对象为对公司整体业绩和中长期发展具有重要作用的公司核心人员，包 括董事、高级管理人员和其他核心人员。参加本员工持股计划的员工总人数不超过60人(不包含预留人 数)， ...

Group 1 - The core point of the news is that Jiu Li Special Materials has seen a stock price increase of 5.15%, reaching 31.65 CNY per share, with a trading volume of 416 million CNY and a turnover rate of 1.43%, resulting in a total market capitalization of 30.93 billion CNY [1] - Jiu Li Special Materials, established on January 8, 2004, and listed on December 11, 2009, specializes in the research, production, and sales of industrial stainless steel pipes and special alloy materials [1] - The company's main business revenue composition includes seamless pipes (37.97%), composite pipes (33.57%), welded pipes (13.44%), alloy materials (6.25%), other products (5.54%), and pipe fittings (3.23%) [1] Group 2 - From the perspective of fund holdings, Penghua Fund has a fund that heavily invests in Jiu Li Special Materials, with the Penghua National Steel Industry Index (LOF) A (502023) increasing its holdings by 36,800 shares in the third quarter, totaling 1.3546 million shares, which represents 4.24% of the fund's net value [2] - The current scale of the Penghua National Steel Industry Index (LOF) A fund is 404 million CNY, with a year-to-date return of 1.24% and a one-year return of 34.07% [2]

Company Overview - Jiu Li Special Materials Co., Ltd. is located in Huzhou, Zhejiang Province, established on January 8, 2004, and listed on December 11, 2009. The company specializes in the research, production, and sales of industrial stainless steel pipes and special alloy materials, including pipes, fittings, flanges, bars, and prefabricated components [1]. Financial Performance - For the period from January to September 2025, Jiu Li Special Materials achieved a revenue of 9.747 billion yuan, representing a year-on-year growth of 36.45%. The net profit attributable to shareholders was 1.262 billion yuan, with a year-on-year increase of 20.73% [2]. - The company has distributed a total of 3.468 billion yuan in dividends since its A-share listing, with 1.802 billion yuan distributed in the last three years [3]. Stock Performance - As of January 13, the stock price of Jiu Li Special Materials decreased by 2.00%, trading at 29.33 yuan per share, with a total market capitalization of 28.66 billion yuan. The stock has seen a year-to-date increase of 1.31%, a 5-day increase of 1.17%, a 20-day increase of 13.42%, and a 60-day increase of 18.46% [1]. - The number of shareholders as of September 30 was 27,600, an increase of 34.16% from the previous period, while the average circulating shares per person decreased by 25.46% to 34,604 shares [2]. Shareholding Structure - As of September 30, 2025, the second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 23.6468 million shares, a decrease of 20.9903 million shares from the previous period. New entrants among the top ten circulating shareholders include Southern CSI 500 ETF and Dachen Rui Xiang Mixed A [3]. Market Position - Jiu Li Special Materials operates within the steel industry, specifically in the special steel sector, and is involved in various concept sectors including special steel, oil and gas pipelines, pension concepts, nuclear fusion, and social security heavy positions [1].

Group 1: Company Overview - The company showcases its overall scale, factory layout, entrepreneurial history, industry positioning, and core application areas of its products [2] - The exhibition includes a display of production equipment, testing devices, research outcomes, management systems, and humanistic care [2] Group 2: Market Development Progress - The product system includes seamless pipes, welded pipes, composite pipes, fittings, and flanges, focusing on high-performance materials for key energy sectors like oil and gas, nuclear power, and aviation [2] - The nuclear power business covers various equipment and piping products, with the company positioned as a major supplier of high-value products like evaporator tubes [3] Group 3: Composite Pipe Business - The company is enhancing resource integration with EBK, achieving high-quality and efficient contract fulfillment, positively impacting the composite pipe business [3] - Ongoing internal projects in high-performance pipe materials align with long-term strategic planning and customer needs, supporting future growth [3] Group 4: Alloy Materials Business - The subsidiary focuses on material research and technology innovation, ensuring product quality through a comprehensive production control system [3] - The company aims to support the alloy subsidiary's capacity ramp-up and market expansion, enhancing core customer relationships [3] Group 5: Oil Well Pipe Business - Continuous efforts in new customer development and application exploration have led to improved production line utilization and sales [4] - The company plans to enhance its global market share for oil well pipes through expanded sales channels [4] Group 6: Future Outlook - The company maintains confidence in its short-term goals and long-term strategic vision for the "14th Five-Year Plan" period [4] - Focus areas include technological innovation, especially in high-temperature and corrosion-resistant materials, and strengthening the supply chain [5] - The company aims to maximize the synergy of its business segments and solidify its long-term development foundation [5]

Core Viewpoint - Jiu Li Special Materials has shown significant stock performance with a year-to-date increase of 22.71% and a market capitalization of 26.941 billion yuan as of December 24 [1] Group 1: Stock Performance and Market Activity - On December 24, Jiu Li Special Materials' stock rose by 2.07%, reaching 27.57 yuan per share, with a trading volume of 267 million yuan and a turnover rate of 1.03% [1] - The net inflow of main funds was 12.506 million yuan, with large orders accounting for 30.64% of purchases and 28.40% of sales [1] - Over the past five trading days, the stock has increased by 3.84%, while it has risen by 12.85% over the past 20 days and 24.02% over the past 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, Jiu Li Special Materials reported a revenue of 9.747 billion yuan, representing a year-on-year growth of 36.45%, and a net profit attributable to shareholders of 1.262 billion yuan, up 20.73% year-on-year [2] - Since its A-share listing, the company has distributed a total of 3.468 billion yuan in dividends, with 1.802 billion yuan distributed in the last three years [3] Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 34.16% to 27,600, while the average circulating shares per person decreased by 25.46% to 34,604 shares [2] - Hong Kong Central Clearing Limited is the second-largest circulating shareholder, holding 23.6468 million shares, a decrease of 20.9903 million shares from the previous period [3] - New shareholders include Southern CSI 500 ETF and Dacheng Rui Xiang Mixed A, while Fu Guo Xing Yuan and Guangfa Stable Growth Mixed A have exited the top ten circulating shareholders [3]

Core Viewpoint - Jiu Li Special Materials experienced a stock price decline of 2.01% on November 14, with a current price of 25.85 CNY per share and a total market capitalization of 25.26 billion CNY [1] Financial Performance - For the period from January to September 2025, Jiu Li Special Materials achieved a revenue of 9.747 billion CNY, representing a year-on-year growth of 36.45% [2] - The net profit attributable to shareholders for the same period was 1.262 billion CNY, reflecting a year-on-year increase of 20.73% [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 34.16% to 27,600, while the average circulating shares per person decreased by 25.46% to 34,604 shares [2] - The company has distributed a total of 3.468 billion CNY in dividends since its A-share listing, with 1.802 billion CNY distributed in the last three years [3] Stock Trading Activity - On November 14, the net outflow of main funds was 12.9762 million CNY, with large orders accounting for 23.00% of purchases and 28.87% of sales [1] - Year-to-date, the stock price has increased by 15.05%, with a recent decline of 1.07% over the last five trading days [1] Business Overview - Jiu Li Special Materials, established on January 8, 2004, and listed on December 11, 2009, specializes in the research, production, and sales of industrial stainless steel pipes and special alloy materials [1] - The revenue composition includes seamless pipes (37.97%), composite pipes (33.57%), welded pipes (13.44%), alloy materials (6.25%), and other products (5.54%) [1]

Core Viewpoint - Jiu Li Special Materials experienced a stock price decline of 2.03% on October 28, with a current price of 25.54 CNY per share and a market capitalization of 24.957 billion CNY. The company has seen a year-to-date stock price increase of 13.67% [1] Financial Performance - For the period from January to September 2025, Jiu Li Special Materials achieved a revenue of 9.747 billion CNY, representing a year-on-year growth of 36.45%. The net profit attributable to shareholders was 1.262 billion CNY, reflecting a year-on-year increase of 20.73% [2] - The company has distributed a total of 3.468 billion CNY in dividends since its A-share listing, with 1.802 billion CNY distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 34.16% to 27,600, with an average of 34,604 circulating shares per shareholder, a decrease of 25.46% [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 23.6468 million shares, a decrease of 20.9903 million shares from the previous period. New entrants among the top ten circulating shareholders include Southern CSI 500 ETF and Da Cheng Rui Xiang Mixed A [3] Stock Market Activity - On October 28, the stock saw a trading volume of 226 million CNY, with a turnover rate of 0.92%. The net outflow of main funds was 26.3194 million CNY, with significant selling pressure observed [1]

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Insights - The company has shown continuous improvement in quarterly performance, with a year-on-year revenue growth of 36.45% and a net profit increase of 20.73% for the first three quarters of 2025 [1] - High-end products are contributing significantly to revenue, with a 15.42% increase in sales for high-value products, which accounted for approximately 20% of total revenue in the first half of 2025 [2] - The company is expected to achieve substantial sales growth in 2025, with a target of approximately 190,000 tons of industrial finished steel pipes, reflecting a 23.7% increase compared to 2024 [3] Summary by Sections Financial Performance - For the first three quarters of 2025, the company reported a revenue of 9.747 billion yuan and a net profit of 1.262 billion yuan, with basic earnings per share of 1.33 yuan [1] - The quarterly net profit for 2025Q3 was 433 million yuan, showing an 8.29% year-on-year increase [1] - The company’s revenue is projected to reach 11.424 billion yuan in 2025, with a year-on-year growth rate of 4.6% [4] Product Development - The revenue from high-value, high-tech products reached 1.22 billion yuan in the first half of 2025, with a significant growth in composite pipe products by 219.26% [2] - The company has ongoing projects that are expected to enhance production capacity, including a high-performance pipe project that will add 20,000 tons of capacity [3] Market Outlook - The company is focusing on high-end stainless steel pipe manufacturing, with an optimistic outlook for continued growth in production and sales driven by strong downstream demand [3] - The projected net profits for the company from 2025 to 2027 are estimated to be 1.73 billion yuan, 1.94 billion yuan, and 2.17 billion yuan, respectively, with corresponding P/E ratios decreasing from 14.8 to 11.8 [3]

Core Viewpoint - Jiu Li Special Materials has shown a positive stock performance with a year-to-date increase of 16.30% and a recent net inflow of funds, indicating strong investor interest and confidence in the company's growth potential [1][2]. Financial Performance - For the first half of 2025, Jiu Li Special Materials reported a revenue of 6.105 billion yuan, representing a year-on-year growth of 26.39% [2]. - The net profit attributable to shareholders for the same period was 828 million yuan, reflecting a year-on-year increase of 28.48% [2]. Stock Market Activity - As of October 27, the stock price of Jiu Li Special Materials was 26.13 yuan per share, with a trading volume of 1.67 billion yuan and a market capitalization of 25.533 billion yuan [1]. - The stock has experienced a 2.07% increase during the trading session on October 27, with significant buying activity from institutional investors [1]. Shareholder Information - As of June 30, the number of shareholders increased by 16.03% to 20,600, while the average number of circulating shares per person decreased by 13.80% to 46,427 shares [2][3]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 44.6371 million shares, an increase of 1.8334 million shares from the previous period [3]. Dividend Distribution - Since its A-share listing, Jiu Li Special Materials has distributed a total of 3.468 billion yuan in dividends, with 1.802 billion yuan distributed over the last three years [3]. Business Overview - Jiu Li Special Materials specializes in the research, production, and sales of industrial stainless steel pipes and special alloy materials, with a revenue composition of 37.97% from seamless pipes, 33.57% from composite pipes, and 13.44% from welded pipes [1].