Construction Materials

Keshun

Keshun released FY2025 annual earnings on April 23 After-Market (BJT), actual revenue CNY 6.044 B (forecast CNY 6.394 B), actual EPS CNY -0.48 (forecast CNY 0.065)

Keshun released FY2026 Q1 earnings on April 23 After-Market (BJT), actual revenue CNY 1.456 B, actual EPS CNY 0.05

Keshun released FY2025 Q4 earnings on April 23 After-Market (BJT), actual revenue CNY 1.341 B, actual EPS CNY -0.3835

Keshun FY2026 Q1 Earnings Release Scheduled for April 24 After-Market BJT

Keshun to Release FY2025 Earnings on April 24 After-Market (BJT), Forecast Revenue CNY 6.394 B, EPS CNY 0.065

Keshun released FY2025 9 Months Earnings on October 24 After-Market (BJT), actual revenue CNY 4.703 B, actual EPS CNY 0.0014

Keshun released FY2025 Q3 earnings on October 24 After-Market (BJT), actual revenue CNY 1.483 B, actual EPS CNY -0.0338

Keshun to Release FY2025 Q3 Earnings on October 25 After-Market BJT

Keshun released FY2025 Q2 earnings on August 28 After-Market (BJT), actual revenue CNY 1.825 B, actual EPS CNY 0.0048

Keshun released FY2025 Semi-Annual earnings on August 28 After-Market (BJT), actual revenue CNY 3.22 B, actual EPS CNY 0.0423

Keshun to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

Keshun Shares Subsidiary Invests 240 Million CNY to Set Up Industrial M&A Fund

Keshun Shares' Wholly-Owned Subsidiary Mianyang New Materials Company Established

Koscon and BASF Sign Strategic Cooperation Agreement

Keshun released FY2025 Q1 earnings on April 24 After-Market (BJT), actual revenue CNY 1.395 B, actual EPS CNY 0.03

Keshun released FY2024 Q4 earnings on April 24 After-Market (BJT), actual revenue CNY 1.693 B (forecast CNY 1.687 B), actual EPS CNY -0.8779

Keshun released FY2024 earnings on April 24 After-Market (BJT), actual revenue CNY 6.829 B (forecast CNY 7.179 B), actual EPS CNY 0.039 (forecast CNY 0.1875)

Keshun FY2025 Q1 Earnings Release Scheduled for April 25 After-Market BJT

Keshun to Release FY2024 Annual Earnings on April 25 After-Market BJT, Forecast Revenue CNY 7.179 B, EPS CNY 0.1875

Keshun Co., Ltd. Receives BBB Rating from Huazheng Index, Ranking 6th in Construction Materials Industry

Ordinary dividend (cash)

Ex Date: 2026.05.26, Cash dividend 0.06 CNY

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300737

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According to broker research, leading companies in the waterproof materials sector will raise prices by 5%-10%. Guotai Junan Securities pointed out that the waterproof industry has experienced credit risks and price declines, and the increase in concentration may bring opportunities for price recovery. It is expected that attempts at price recovery will continue in 2026, and the price adjustment of asphalt products will lay the foundation for profit recovery

Wallstreetcn

ORIENTAL YUHONG

BNBMPLC

The contraction of industry supply combined with an increase in concentration has led to a 5%-10% price increase in waterproof materials

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002361

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The A-share commercial aerospace sector fluctuated and rose, with ADDSINO hitting the daily limit in the afternoon, Keshun and TRANSWARP TECHNOLOGY rising over 15%, and SHENJIAN GUFEN and Piesat following suit

ADDSINO

SHENJIAN GUFEN

Piesat

TRANSWARP TECHNOLOGY

According to the Zhitong Finance APP, Keshun released its third-quarter report for 2025. The company's operating revenue for the first three quarters was 4.703 billion yuan, a year-on-year decrease of 8.43%. The net profit attributable to shareholders of the listed company was 20.0877 million yuan, a year-on-year decrease of 84.08%. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 57.7441 million yuan. The basic earnings per share were 0.02 yuan

Zhitong

Keshun released its performance for the first three quarters, with a net profit attributable to the parent company of 20.0877 million yuan, a decrease of 84.08%

CITIC Securities released a research report recommending the waterproof sector, as companies' enthusiasm for land acquisition has recovered, and it is expected that the decline in new construction area will narrow in 2025. The concentration in the waterproof industry is increasing, and product prices are stabilizing. The transaction area of residential land nationwide is expected to turn positive year-on-year in 2025, with companies' land acquisition area growing by 39%. It is anticipated that the new construction area will turn positive year-on-year in the second half of the year, optimizing the competitive landscape and highlighting the advantages of leading enterprises

CITIC Securities: The enthusiasm of enterprises to acquire land is gradually recovering. At the current point in time, we recommend the waterproof sector

Recently, the bidding results for the 2025 flooring construction framework agreement of Commercial Aircraft Corporation of China Shanghai Aircraft Manufacturing Co., Ltd. were announced. Keshun, in collaboration with its subsidiary Keshun Repair, successfully won the bid, becoming the only company in China to do so. Shanghai Aircraft Manufacturing Company is a wholly-owned subsidiary of Commercial Aircraft Corporation of China and serves as the final assembly manufacturing center. This project focuses primarily on flooring maintenance engineering. This exclusive bid win marks an important breakthrough for Keshun in the aviation industry

Keshun Co., Ltd. and its subsidiary Keshun Repair won the bid for the floor maintenance project of Shafei Company

Keshun announced that it will invest 240 million yuan to participate in the establishment of an industrial merger and acquisition fund, aimed at promoting the company's strategic transformation and sustainable development. The fund is jointly established by its subsidiary Hengqin Yidong, Guangdong Shunde High-tech Venture Capital Management Co., Ltd., and Guangdong Shunde Kechuang Management Group, with a total scale of 481 million yuan, primarily investing in cutting-edge technology fields such as next-generation information technology and new materials

Keshun plans to invest 240 million yuan in an industrial merger and acquisition fund

According to the Qichacha APP, recently, Shanghai Keshun Building Materials Co., Ltd. was established, with Ye Fan as the legal representative and a registered capital of 1 million yuan. The business scope includes: sales of building materials; sales of flooring; sales of man-made boards; sales of furniture accessories; sales of furniture, etc. Qichacha's equity penetration shows that the company is jointly held by Foshan Keshun Sand Powder Technology Co., Ltd. under Keshun and Ye Fan

Keshun Co., Ltd. and others established a building materials company, including furniture sales business

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Guojin Securities released a research report indicating that in June and July, the waterproof industry frequently issued price increase notices, with both the civil construction and engineering channels experiencing price adjustments. After several years of industry clearing, it has entered a relatively stable competitive phase. Although the entire industry's profitability is under pressure and leading companies' profit margins are at historical lows, the waterproof industry has the opportunity for price increases driven by the improvement in the competitive landscape and the profit demands of leading companies, and corporate profitability is expected to recover

Canlon

Guojin Securities: Waterproof "anti-involution" is put into practice, with frequent price increase letters in June and July

According to the Qichacha APP, recently, Gansu Keshun Environmental Protection New Materials Co., Ltd. was established, with Si Ruize as the legal representative and a registered capital of 1 million yuan. The business scope includes: cultural relic protection engineering construction; residential interior decoration and renovation; electrical installation services; sales of cement products; indoor air pollution control; sales of building materials; manufacturing of lightweight building materials, etc. Qichacha's equity penetration shows that the company is jointly held by Si Ruize and Foshan Keshun Sand Powder Technology Co., Ltd., a subsidiary of Keshun

Environment Protection

Building Material

Keshun and other investors establish an environmental new materials company

According to the Qichacha APP, recently, Dongguan Keshun Yilaide E-commerce Co., Ltd. was established, with Chen Huazhong as the legal representative and a registered capital of 2 million yuan. The business scope includes: sales of anti-corrosion materials; sales of sealing fillers; sales of labor protection products; domestic cargo transportation agency; technology import and export; wholesale of hardware products; retail of hardware products; sales of sanitary ware, etc. Qichacha's equity penetration shows that the company is wholly owned by Keshun

Keshun has invested in Dongguan to establish an e-commerce company

Keshun(300737.SZ)