截至发稿，中国巨石市值为608亿元。 每经头条（nbdtoutiao）——688496，被证监会立案！刚上市业绩就变脸，亏损超1亿元；核心产品受重 创：第一大客户"自产自用"，减少采购 （记者 曾健辉） 每经AI快讯，中国巨石（SH 600176，收盘价：15.18元）11月25日晚间发布公告称，截至2025年11月24 日，公司通过上海证券交易所系统以集中竞价交易方式累计回购公司股份约3453万股，已回购股份占公 司总股本的比例约为0.86%。购买的最高价为16.2元/股，最低价为14.8元/股，已支付的总金额为人民币 约5.4亿元。本次股份回购方案已实施完毕。 2025年1至6月份，中国巨石的营业收入构成为：玻纤纱及制品占比97.41%，其他业务占比1.63%，风电 占比0.96%。 ...

每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 （记者 王晓波） 2025年1至6月份，中国巨石的营业收入构成为：玻纤纱及制品占比97.41%，其他业务占比1.63%，风电 占比0.96%。 截至发稿，中国巨石市值为593亿元。 每经AI快讯，中国巨石（SH 600176，收盘价：14.82元）11月21日晚间发布公告称，截至2025年11月21 日，公司通过上海证券交易所交易系统以集中竞价交易方式累计回购公司股份约3418万股，占公司目前 总股本的比例为0.8539%，回购成交的最高价为16.2元/股，最低价为14.8元/股，成交总金额为人民币约 5.34亿元。 ...

每经AI快讯，中国巨石（SH 600176，收盘价：15.48元）11月20日晚间发布公告称，振石控股集团有限 公司持有中国巨石股份有限公司约6.76亿股股份，占公司总股本的16.88%。截至本公告披露日，振石集 团累计质押公司股份约4.45亿股，占公司总股本的11.11%，占其所持公司股份总数的65.81%。 2025年1至6月份，中国巨石的营业收入构成为：玻纤纱及制品占比97.41%，其他业务占比1.63%，风电 占比0.96%。 截至发稿，中国巨石市值为620亿元。 每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 （记者 曾健辉） ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [4] Core Views - The traditional business is steadily recovering, while high-end electronic fabrics are a future highlight [4] - The company has entered the high-end electronic fabric sector, which is expected to benefit from the demand for computing power upgrades, leading to a favorable supply-demand situation [7] - The company is the largest producer of electronic fabrics, and with good demand in the copper-clad laminate market, it is anticipated to achieve both volume and price increases [7] Financial Performance Summary - For the first three quarters of 2025, the company achieved operating revenue of 13.904 billion yuan, a year-on-year increase of 19.53%, and a net profit attributable to the parent company of 2.568 billion yuan, a year-on-year increase of 67.51% [7] - In Q3 alone, revenue was 4.795 billion yuan, up 23.17% year-on-year and 3.56% quarter-on-quarter, with a net profit of 881 million yuan, up 54.06% year-on-year but down 7.9% quarter-on-quarter [7] - The company expects net profits for 2025-2027 to be 3.321 billion, 3.884 billion, and 4.227 billion yuan, respectively, with corresponding EPS of 0.83, 0.97, and 1.06 yuan [7] Revenue and Profit Forecast - Projected operating revenue for 2025 is 18.489 billion yuan, with a year-on-year growth rate of 16.61% [6] - The projected net profit for 2025 is 3.321 billion yuan, with a year-on-year growth rate of 35.84% [6] - The company’s P/E ratios for 2025-2027 are expected to be 19.77, 16.90, and 15.53, respectively [6]

Core Viewpoint - China Jushi (SH 600176, closing price: 16.11 CNY) announced on October 31 that it has repurchased 1 million shares of its stock through centralized bidding, representing 0.025% of the total share capital, with a total expenditure of approximately 16.15 million CNY [1] Group 1: Company Actions - The company conducted its first share buyback on October 30, 2025, purchasing shares at a maximum price of 16.2 CNY and a minimum price of 16.04 CNY [1] - The total amount spent on the share repurchase was around 16.15 million CNY [1] Group 2: Revenue Composition - For the first half of 2025, the company's revenue composition was as follows: fiberglass yarn and products accounted for 97.41%, other businesses for 1.63%, and wind power for 0.96% [1]

Core Points - China Jushi announced a share repurchase plan approved by its board of directors on October 16, 2025, to enhance shareholder value [1] - As of October 15, 2025, the top ten unrestricted shareholders collectively hold approximately 2.452 billion shares, accounting for 61.24% of the total shares [1] - The company reported a market capitalization of 63.4 billion yuan as of the latest update [2] Financial Composition - For the first half of 2025, the revenue composition of China Jushi was as follows: fiberglass yarn and products accounted for 97.41%, other businesses 1.63%, and wind power 0.96% [2]

Group 1 - The company announced a share repurchase plan approved by its board on September 24, 2025 [1] - The top ten unrestricted shareholders hold approximately 2.407 billion shares, accounting for 60.1% of the total shares [1] - Major shareholders include China National Building Material Group with about 1.17 billion shares (29.22%) and Zhenhua Holdings Group with approximately 676 million shares (16.88%) [1] Group 2 - For the first half of 2025, the company's revenue composition was as follows: fiberglass yarn and products accounted for 97.41%, other businesses 1.63%, and wind power 0.96% [2] - The current market capitalization of the company is 68.2 billion yuan [2]

Group 1 - China Jushi announced a share repurchase plan to buy back 30 million to 40 million shares, accounting for 0.75%-1% of total share capital, with a maximum expenditure of 880 million RMB [1] - The repurchase price will not exceed 22 RMB per share, which is 150% of the average trading price over the previous 30 trading days [1] - The repurchase period is set for 12 months from the date of shareholder approval [1] Group 2 - For the first half of 2025, China Jushi's revenue composition shows that fiberglass yarn and products account for 97.41%, while other businesses and wind power contribute 1.63% and 0.96% respectively [1] - As of the report date, China Jushi's market capitalization stands at 64.8 billion RMB [1]

Group 1 - The company China Jushi (SH 600176) held its 25th meeting of the 7th board of directors on September 24, 2025, via communication, discussing the proposal for the 4th extraordinary shareholders' meeting of 2025 [1] - For the first half of 2025, the company's revenue composition was as follows: fiberglass yarn and products accounted for 97.41%, other businesses 1.63%, and wind power 0.96% [1] - As of the report date, China Jushi's market capitalization was 64.8 billion yuan [1] Group 2 - On the anniversary of September 24, the total market capitalization of A-shares exceeded 116 trillion yuan, indicating significant changes in the Chinese capital market [1]