证券代码：002809 证券简称：红墙股份 问：羟基酯的情况？ | 附件清单（如有） | | | --- | --- | | 日期 | 2025-07-11 | 问：聚醚多元醇的情况？ 答：公司拥有年产 2 万吨聚醚多元醇的生产能力，近期与中 海壳牌签订了产品合作框架协议，为中海壳牌定制生产特种 聚醚多元醇，合作期限五年，体现了对公司研发能力和生产 能力的认可。同时华南地区家电行业发达，聚醚多元醇是保 温材料的关键组分，在华南区靠近下游客户，存在市场优势。 问：表面活性剂的情况？ 答：公司拥有年产 7 万吨非离子表面活性剂的生产能力，另 外公司聚醚单体其中一条产线可以在非离子表面活性剂与 聚醚单体之间柔性切换。可生产的品种较多，也可以根据下 游客户的需求定制产品，以及根据市场情况生产一些高附加 值的产品。 答：公司拥有年产 4 万吨羟基酯的生产能力，主要包括 4 类 产品：丙烯酸羟乙酯 HEA、丙烯酸羟丙酯 HPA、甲基丙烯酸 羟乙酯 HEMA 及甲基丙烯酸羟丙酯，较受关注的产品有甲基 丙烯酸羟乙酯 HEMA。截至目前，公司羟基酯类产品的下游客 户主要来自于胶黏剂、树脂领域。公司也将大力开拓羟基酯 高端应用领 ...

山东赫达专注于纤维素醚等化工产品生产。长青科技主要从事农药中间体及原药制造。百合花则是钛白 粉行业的重要参与者。 化工板块的集体走强反映出市场对相关产业链的关注度提升。环氧丙烷、聚氨酯等化工原料在建筑保 温、制冷设备等下游应用领域需求稳定。 兴业股份在功能性薄膜材料方面具备竞争优势。红墙股份专业生产羟基酯类产品。北化股份则是硝化棉 等军工化工材料的主要供应商。 7月1日午后，化工板块出现集体反弹态势。红宝丽直线封涨停板，成为板块领涨标的。山东赫达、长青 科技、百合花等个股同样实现涨停。 兴业股份、红墙股份、北化股份等多只化工股涨幅超过5%。渝三峡A、华融化学、山东海化等相关个 股亦出现不同程度上涨。 据悉，红宝丽当日成交额达到2.40亿元，换手率为3.57%。该公司主营环氧丙烷衍生品业务，包括聚氨 酯硬泡组合聚醚、异丙醇胺系列产品等。公司在环氧丙烷及聚氨酯保温板领域具备技术优势。 与此同时，渝三峡A在涂料业务方面保持稳定发展。华融化学聚焦精细化工产品制造。山东海化则在纯 碱、溴素等基础化工领域占据重要地位。 化工行业作为国民经济基础产业，其产品广泛应用于建筑、汽车、电子等多个领域。行业景气度变化往 往与宏观经 ...

证券研究报告 建材 非经营扰动收敛，1Q25 经营拐点初现 华泰研究 2025 年 5 月 19 日│中国内地 专题研究 24 年非经营扰动收敛，1Q25 部分企业经营拐点出现 回顾 24 年，板块呈现强预期、弱现实态势，但受制于前三季度资金面紧张 背景，叠加下游地产景气修复偏缓，多数行业价格竞争趋于白热化，呈现量 价齐跌局面，收入规模下降及毛利率承压是盈利下滑的主要原因。资产端， 除防水板块外，减值损失多有收敛，资产负债表风险进一步压降。1Q25， 受益专项债发行加速，基建工程需求逐步企稳，建材零售需求稳健继续演绎， 消费建材多数子板块收入降幅收窄，部分板块如外加剂等经营拐点显现，重 点推荐 1Q25 报表修复已现、或受益建材零售的重点公司北新建材/三棵树/ 伟星新材/兔宝宝/中国联塑。 24 年收入规模多有下降，毛利率、费用、减值多重扰动盈利 2024 年，我们跟踪的消费建材板块 31 家公司实现收入/归母净利 1707/56 亿元，同比-6.9%/-47.8%；1Q25 为 327/13 亿元，同比-5.5%/-18.6%， 1Q~3Q24 收入降幅逐季扩大，但 4Q24 以来，随着专项债发行加速，项目 ...

Group 1 - The article discusses the potential for a significant market rally similar to last year's performance, particularly focusing on the chemical sector and specific stocks like Zhongyi and Sanxia [1][3] - There is a notable divergence in market sentiment, with some stocks experiencing strong gains while others face selling pressure, indicating a potential shift in investment strategies [1][2] - The chemical sector is highlighted as having strong momentum due to rising raw material prices, with companies like Zhongyi and Hongqi benefiting from price increases in their products [3] Group 2 - The performance of specific ETFs is summarized, including the Food and Beverage ETF, which has seen a slight increase of 1.17% over the past five days, and the Gaming ETF, which has decreased by 3.93% [5][6] - The Semiconductor ETF has also experienced a decline of 3.95%, while the Cloud Computing ETF has dropped by 3.62%, indicating a broader trend of volatility in these sectors [6]

Group 1: Robotics and Automation - Several companies in the robotics sector have seen significant stock price increases, with notable gains including 10.03% for Zhongchao Holdings and 20.02% for Grebo [2][3] - The rise in stock prices is attributed to advancements in robotics technology and applications in various industries, including military and automotive [2][3][7] Group 2: Chemical Industry - The chemical sector is experiencing price increases for products like diisobutylene and hydroxyl esters, drawing market attention [4] - Companies such as Hongqiang Co. and Jitai Co. have reported stock price increases due to rising prices of chemical products [5] Group 3: Nuclear Power - Companies involved in nuclear power, such as Wangzi New Materials, are gaining attention due to their involvement in projects like controllable nuclear fusion [6][7] - The stock prices of firms like Baoli Electric and Zhongzhou Special Materials have increased significantly, driven by nuclear power and military applications [7] Group 4: Intelligent Driving - The introduction of national standards for automatic emergency braking systems (AEBS) has led to increased interest in companies involved in intelligent driving technologies [8][9] - Stocks like Wan'an Technology and Haoen Automotive have seen price increases linked to developments in AEBS technology [9][10] Group 5: Pet Economy - The pet economy in China is growing, with the market size surpassing 300 billion, leading to increased stock prices for companies in the sector [22][23] - Companies like Baihe Co. and Tianyuan Pet have reported stock price increases due to the rising demand in the pet care market [23] Group 6: Rare Earth and New Materials - The rare earth sector is benefiting from rising prices of tungsten concentrate, positively impacting companies like Zhangyuan Tungsten [24][26] - Stocks in the new materials sector, particularly those related to PEEK materials, are also seeing gains as demand increases [19][21]

5月14日午间涨停分析 智通财经5月14日电，今日午盘全市场共36股涨停，连板股总数14只，15股封板未遂，封板率为70%（不含ST股、退市股）。焦点股方面，成飞集成、利君 股份双双晋级6连板；化工股反复活跃，红墙股份17天11板，苏州龙杰4连板，中毅达6天3板。 航运港口 | 股票名称 | 板数 | 涨跌幅 | 涨停时间 | 上涨逻辑 | | --- | --- | --- | --- | --- | | 红墙股份 | 17天11板 | 10.02% | 09:47 | 羟基酯产 | | 002809 | | | | 品涨价 | | 苏州龙杰 | 4天4板 | 10.04% | 09:49 | 化纤+军 | | 603332 | | | | | | 中毅达 | 6天3板 | 10.03% | 09:58 | 李戊四醇 | | 600610 | | | | | | 集泰股份 | 2天2板 | 10.02% | 09:25 | 化工+集 | | 002909 | | | | 箱涂料 | | 尤夫股份 | 2天2板 | 10.00% | 09:46 | 化纤+深 | | 002427 | | | | 科技 | | ...

2025.05. 13 本文字数：2282，阅读时长大约4分钟 作者 | 第一财经 王方然 5月12日，红墙股份（002809.SZ）再次涨停，报收15.15元/股。 拉长时间线看，在缺乏明显利好的情况下，红墙股份近期股价异军突起，短短15个交易日狂揽9个涨 停板，区间涨幅超100%，市盈率飙升至83倍，远超行业均值。在股价加速上涨阶段，公司第二大股 东广东科创及多名高管实施减持，减持均价9.85元～12.85元/股。 与之形成鲜明对比的是，公司基本面持续恶化。归母净利润从2021年的1.13亿元滑落至2024年的 4876万元，2025年一季度归母净利润同比下滑超80%。 盘后龙虎榜数据显示，本轮股价异动呈现典型的接力炒作特征。前期由机构席位和游资营业部主导， 后期则出现"拉萨天团"等散户集中营席位频繁进出。市场人士指出，在缺乏业绩支撑的情况下，公司 股价已呈现明显投机特征，后续须警惕风险。 "15天9板" 拉长时间线看，4月9日起，红墙股份股价持续走高，股价从4月9日低点6.62元/股一路上涨至5月12日 高点15.15元/股，区间涨幅超100%。其中，仅4月17日至5月12日的15个交易日内，就收获了9 ...

Core Viewpoint - The stock price of Hongqiang Co., Ltd. has surged significantly despite deteriorating fundamentals, with major shareholders, including the second-largest shareholder Guangdong Kechuang, executing share reductions during this period [2][5][6]. Stock Performance - Hongqiang's stock price increased from a low of 6.62 yuan per share on April 9 to a high of 15.15 yuan per share on May 12, achieving a more than 100% increase over this period [3][4]. - The company experienced 9 trading days of price limits within 15 trading days, leading to a price-to-earnings ratio of 83.27, significantly higher than the industry average of 19.92 [2][3]. Financial Performance - The company's net profit attributable to shareholders has declined from 113 million yuan in 2021 to 48.76 million yuan in 2024, with a more than 80% year-on-year drop in the first quarter of 2025 [2][3][6]. - In 2024, Hongqiang reported total revenue of 675 million yuan, a decrease of 11.23% year-on-year, and a net profit decline of 42.98% [6][7]. Shareholder Actions - Guangdong Kechuang reduced its stake by 1% at an average price of 10.64 yuan per share, realizing approximately 22.37 million yuan in cash [5][6]. - Other executives also executed share reductions, with Vice President He Yuanjie and shareholder Han Qiang reducing their stakes at prices above 9.85 yuan per share [5][6]. Market Dynamics - The stock price surge has been characterized by speculative trading, with institutional investors and retail investors participating in a relay-style trading pattern [2][8]. - Initial buying was led by institutional and retail investors, followed by a shift to retail investors, particularly the "Lhasa team" [9]. Dividend Policy - Despite declining performance, Hongqiang announced a substantial dividend of 3 yuan per 10 shares for 2024, totaling 63.07 million yuan, exceeding the net profit for the year [6][7].

Group 1 - The stock of Hongqiang Co., Ltd. experienced a significant increase, reaching a price of 13.77 yuan per share, with a total market capitalization of 2.895 billion yuan, and a cumulative increase of nearly 90% over the past 20 trading days since April 9 [1] - Hongqiang Co., Ltd. announced a price increase of 100 yuan per ton for its hydroxy ester products, effective from May 12, 2025, due to raw material and production conditions [5] - The company is currently in the trial production phase for its hydroxy ester project, which includes various products such as HEMA and HEA, and aims to expand into other fields beyond adhesives and resins [8] Group 2 - The concrete admixture industry, where Hongqiang Co., Ltd. holds a leading position, is currently in a consolidation phase due to a downturn in the real estate cycle, leading to intensified competition and reduced downstream demand [9] - Hongqiang Co., Ltd. is actively promoting the coordinated development of concrete admixtures and fine chemicals, with plans to enhance market share while controlling risks [9] - The company has a project for the annual production of 32,000 tons of epoxy derivatives, which is expected to contribute to performance growth upon formal production [10] Group 3 - Despite the ongoing transformation, Hongqiang Co., Ltd. has faced declining performance, with a revenue of 675 million yuan last year, down 11.23% year-on-year, and a net profit of 48.76 million yuan, down 42.98% [10] - In the first quarter of this year, the company reported a revenue of 130 million yuan, a year-on-year increase of 4.1%, but the net profit dropped by 80.56% to 2.54 million yuan [10]

1、 中美经贸高层会谈5月10日至11日在瑞士日内瓦举行。 中美经贸中方牵头人、国务院副总理何立峰在出席中方代表团举行的新闻发布会时表示， 此次 中美经贸高层会谈坦诚、深入、具有建设性，达成重要共识，并取得实质性进展。双方一致同意建立中美经贸磋商机制。中美双方将尽快敲定相关细节， 并将于5月12日发布会谈达成的联合声明。 何立峰说，在当前形势下，本次会谈受到国际社会高度关注。经过中美双方的共同努力，会谈富有成效，迈出 了通过平等对话协商解决分歧的重要一步，为进一步弥合分歧和深化合作打下了基础、创造了条件。 // 热点聚焦 // 2、我国有27座城市2024年的地区生产总值超过1万亿元，被称为"万亿之城"。近期，这些城市的统计部门公布了一季度经济运行情况， 其中8城市地区生 产总值增速为6%及以上，18城市为5.4%及以上，多数跑赢5.4%的一季度国内生产总值增速"大盘"。 3、 乘联分会数据显示，4月全国乘用车市场零售175.5万辆，同比增长14.5%，处于历年4月零售历史高位；4月新能源乘用车出口18.9万辆，同比增 44.2%。 乘联分会表示，中国汽车出口美国占比微乎其微，尤其是自主品牌完全没有在美国销售 ...