《2000-2008年中国建筑材料行业投资方向分析报告》研究的是建筑材料行业的40家上市公司2000-2008年的所有投资项目，总结了该行业的投资趋势，以及各企业的投资特点和投资趋势。

　　从2000年到2008年，中国建筑材料行业上市公司的项目投资成不断扩大趋势。2002年到2005年投资较为稳定，增幅不大；进入2006年，在水泥行业回暖的积极带动下，上市公司投资明显放大，07、08依然保持了较好的发展态势。未来几年，淘汰落后产能，提倡节能环保将是建筑材料行业的发展主题。

图：2000-2008H1中国建筑材料行业投资年度走势图
 

　　从2000年到2008年，建筑材料行业中投资最大的上市公司是海螺水泥股份有限公司，投资额达到近240亿人民币。该公司2006年以来保持了较高的投资力度，不断扩大产能，建设新生产线，使其处于行业龙头地位；排在二到四位的分别是亚泰集团、南玻A和冀东水泥，投资额处于70亿到110亿元之间。

图：2000-2008年中国建筑材料行业上市公司的投资统计图

000012南玻A投资特点

• 　主营高级浮法玻璃原片、工程玻璃、精细玻璃、汽车玻璃、新型电子元器件等产品。
• 　投资区域较为分散，以华南地区居首，2002年以来公司投资力度逐年增大，业务向多元化、高新技术产业方向发展。
• 　2007年，公司利用其在高档浮法玻璃领域生产工艺方面的优势，自主研发出拥有自主知识产权的浮法超白玻璃；公司的东莞南玻工程玻璃项目、天津节能玻璃项目和吴江南玻华东工程玻璃项目在07、08年持续提高产能，东莞太阳能玻璃项目，成都浮法玻璃项目和精细玻璃产能在08年完全释放。
• 　公司未来将精心打造浮法玻璃产业、工程玻璃产业、精细玻璃产业及太阳能产业的核心竞争力，但油价的高涨提高了玻璃生产成本，以及国内房地产和汽车市场低迷，将对公司08年下半年业绩有较大的不利影响。未来公司将大力发展节能工程玻璃。

南玻Ａ2000-2008年的投资分布图（按地区）
 

说明：客户在购买本报告时，我们可以将数据更新至最近的一个季度。

This report makes an in-depth analysis on all investment projects financed by 40 listed construction material companies from 2000 to 2008, and then sums up investment trend of China’s construction material industry and investment characteristics and trend of the listed companies.

Since 2000, project investment of China listed construction material companies has continued expanding. From 2000 to 2005, the investment growth maintained stable, while in 2006, such investment increased greatly, boosted by the booming cement industry. The year of 2007 kept the good momentum of rapid growth, and this year will continue to maintain the good development trend. It will be the focus of development in the next few years to eliminate obsolete production capacity and to practice energy-saving and environment protection.

Annual Investment of Listed Construction Material Companies, 2000-1H2008
 
Source: ResearchInChina

Since 2000, Anhui Conch Cement Co. has ranked the first in terms of investment consecutively among China’s listed construction material companies with a total investment of nearly CNY24 billion. Since 2006, the company has maintained a rapid growth in investment to continuously expand production capacity and build new production line, which has further strengthened its leading position in the industry. The No. 2 to No.4 in the rank are Yatai Cement Group Co., CSG Holding Co. and Jidong Cement Co. and their investment range from CNY7 to CNY11 billion.

Top 10 of China Listed Construction Material Firms in Terms of Investment, 2000-2008
 
Source: ResearchInChina

Investment Characteristics of the company of CSG

•  Main business: high-end float glass sheet, engineering glass, fine glass, car glass, new electronic components
•  Its investment is relatively scattered and South China has the largest part of investment. Since 2002, its investment has increased year by year. Business diversification and high-tech industry is the development trend of CSG Holding Co.
•   In 2007, the company developed ultra clear float glass with independent intellectual property rights by taking use of its advanced technical advantage in production of high-end float glass. In both 2007 and 2008, it expanded its production capacity consecutively in its engineering glass project in Dongguan, energy-saving glass project in Tianjin and engineering glass project in Wujiang. Its solar glass project in Dongguan, float glass project and fine glass project in Chengdu will be put into full production in 2008.
•   In the future, the company will further focus on the production of float glass, engineering glass, fine glass and solar glass so as to raise its core competitive edge. Rises in production cost driven by skyrocketing oil prices and real estate and auto market downturn at home will have a relatively big impact on the company in the second half of 2008. The company will make great efforts to develop energy-saving engineering glass in the future.
  

Investment Distribution of CSG by Region, 2000-2008
 
Source: ResearchInChina

Note: When you purchase this report, we can update the data to the most recent quarter

第一章 建筑材料行业投资方向分析
1.1 建筑材料行业概况
1.2 建筑材料行业的项目投资特点

第二章  玻璃制造上市公司投资方向分析
2.1 南玻Ａ的投资项目分析
2.1.1 投资方向分析
2.1.2 投资特点分析
2.2 新华光的投资项目分析
2.2.1 投资方向分析
2.2.2 投资特点分析
2.3 三峡新材的投资项目分析
2.3.1 投资方向分析
2.3.2 投资特点分析
2.4 方兴科技的投资项目分析
2.4.1 投资方向分析
2.4.2 投资特点分析
2.5 金晶科技的投资项目分析
2.5.1 投资方向分析
2.5.2 投资特点分析
2.6 棱光实业的投资项目分析
2.6.1 投资方向分析
2.6.2 投资特点分析
2.7 ST耀华的投资项目分析
2.7.1 投资方向分析
2.7.2 投资特点分析
2.8 耀皮玻璃的投资项目分析
2.8.1 投资方向分析
2.8.2 投资特点分析
2.9 *ST洛玻的投资项目分析
2.9.1 投资方向分析
2.9.2 投资特点分析

第三章  陶瓷制造上市公司投资方向分析
3.1 四维控股的投资项目分析
3.1.1 投资方向分析
3.1.2 投资特点分析
3.2 高淳陶瓷的投资项目分析
3.2.1 投资方向分析
3.2.2 投资特点分析
3.3 斯米克的投资项目分析
3.3.1 投资方向分析
3.3.2 投资特点分析
3.4 唐山陶瓷的投资项目分析
3.4.1 投资方向分析
3.4.2 投资特点分析

第四章  水泥制造上市公司投资方向分析
4.1 *ST大水的投资项目分析
4.1.1 投资方向分析
4.1.2 投资特点分析
4.2 *ST双马的投资项目分析
4.2.1 投资方向分析
4.2.2 投资特点分析
4.3 同力水泥的投资项目分析
4.3.1 投资方向分析
4.3.2 投资特点分析
4.4 冀东水泥的投资项目分析
4.4.1 投资方向分析
4.4.2 投资特点分析
4.5 巢东股份的投资项目分析
4.5.1 投资方向分析
4.5.2 投资特点分析
4.6 江西水泥的投资项目分析
4.6.1 投资方向分析
4.6.2 投资特点分析
4.7 天山股份的投资项目分析
4.7.1 投资方向分析
4.7.2 投资特点分析
4.8 狮头股份的投资项目分析
4.8.1 投资方向分析
4.8.2 投资特点分析
4.9 ST秦岭的投资项目分析
4.9.1 投资方向分析
4.9.2 投资特点分析
4.10 西水股份的投资项目分析
4.10.1 投资方向分析
4.10.2 投资特点分析
4.11 四川金顶的投资项目分析
4.11.1 投资方向分析
4.11.2 投资特点分析
4.12 青松建化的投资项目分析
4.12.1 投资方向分析
4.12.2 投资特点分析
4.13 赛马实业的投资项目分析
4.13.1 投资方向分析
4.13.2 投资特点分析
4.14 福建水泥的投资项目分析
4.14.1 投资方向分析
4.14.2 投资特点分析
4.15 太行水泥的投资项目分析
4.15.1 投资方向分析
4.15.2 投资特点分析
4.16 海螺水泥的投资项目分析
4.16.1 投资方向分析
4.16.2 投资特点分析
4.17 亚泰集团的投资项目分析
4.17.1 投资方向分析
4.17.2 投资特点分析
4.18 祁连山的投资项目分析
4.18.1 投资方向分析
4.18.2 投资特点分析
4.19 华新水泥的投资项目分析
4.19.1 投资方向分析
4.19.2 投资特点分析

第五章  其它建材上市公司投资方向分析
5.1 金德发展的投资项目分析
5.1.1 投资方向分析
5.1.2 投资特点分析
5.2 栋梁新材的投资项目分析
5.2.1 投资方向分析
5.2.2 投资特点分析
5.3 兔宝宝的投资项目分析
5.3.1 投资方向分析
5.3.2 投资特点分析
5.4 海螺型材的投资项目分析
5.4.1 投资方向分析
5.4.2 投资特点分析
5.5 国统股份的投资项目分析
5.5.1 投资方向分析
5.5.2 投资特点分析
5.6 北新建材的投资项目分析
5.6.1 投资方向分析
5.6.2 投资特点分析
5.7 瑞泰科技的投资项目分析
5.7.1 投资方向分析
5.7.2 投资特点分析
5.8 三鑫股份的投资项目分析
5.8.1 投资方向分析
5.8.2 投资特点分析

1. Investment Direction of Construction Material Industry
1.1 Overview
1.2 Investment Characteristics

2. Investment Direction of Listed Glass Companies
2.1 Investment Projects of CSG Holding Co.
2.1.1 Investment Direction
2.1.2 Investment Characteristics
2.2 Investment Projects of Hubei New Huaguang Materials Co.
2.2.1 Investment Direction
2.2.2 Investment Characteristics
2.3 Investment Projects of Hubei Sanxia New Building Materials Co.
2.3.1 Investment Direction
2.3.2 Investment Characteristics
2.4 Investment Projects of Anhui Fangxing Science & Technology Co.
2.4.1 Investment Direction
2.4.2 Investment Characteristics
2.5 Investment Projects of Shandong Jinjing Science ＆ Technology Stock Co.
2.5.1 Investment Direction
2.5.2 Investment Characteristics
2.6 Investment Projects of Shanghai Lengguang Industrial Co.
2.6.1 Investment Direction
2.6.2 Investment Characteristics
2.7 Investment Projects of China Yaohua Glass Group Co.
2.7.1 Investment Direction
2.7.2 Investment Characteristics
2.8 Investment Projects of Shanghai Yaohua Pilkington Glass Co.
2.8.1 Investment Direction
2.8.2 Investment Characteristics
2.9 Investment Projects of Luoyang Glass Co
2.9.1 Investment Direction
2.9.2 Investment Characteristics

3. Investment Direction of Listed Ceramics Companies
3.1 Investment Projects of Chongqing Swell Holding（Group）Co.
3.1.1 Investment Direction
3.1.2 Investment Characteristics
3.2 Investment Projects of Jiangsu Gaochun Co.
3.2.1 Investment Direction
3.2.2 Investment Characteristics
3.3 Investment Projects of Shanghai CIMIC Tile Co.
3.3.1 Investment Direction
3.3.2 Investment Characteristics
3.4 Investment Projects of Tangshan Ceramic Stock Co.
3.4.1 Investment Direction
3.4.2 Investment Characteristics

4. Investment Direction of Listed Cement Companies
4.1 Investment Projects of Datong Cement Co.
4.1.1 Investment Direction
4.1.2 Investment Characteristics
4.2 Investment Projects of Sichuan Shuangma Cement Co.
4.2.1 Investment Direction
4.2.2 Investment Characteristics
4.3 Investment Projects of Henan Tongli Cement Co.
4.3.1 Investment Direction
4.3.2 Investment Characteristics
4.4 Investment Projects of Jidong Cement Co.
4.4.1 Investment Direction
4.4.2 Investment Characteristics
4.5 Investment Projects of Anhui Chaodong Cement Co.
4.5.1 Investment Direction
4.5.2 Investment Characteristics
4.6 Investment Projects of Jiangxi Cement Co.
4.6.1 Investment Direction
4.6.2 Investment Characteristics
4.7 Investment Projects of Tianshan Cement Co.
4.7.1 Investment Direction
4.7.2 Investment Characteristics
4.8 Investment Projects of Taiyuan Lionhead Cement Co.
4.8.1 Investment Direction
4.8.2 Investment Characteristics
4.9 Investment Projects of Shaanxi QinLing Cement Co.
4.9.1 Investment Direction
4.9.2 Investment Characteristics
4.10 Investment Projects of Xishui Strong Year Co.
4.10.1 Investment Direction
4.10.2 Investment Characteristics
4.11 Investment Projects of Sichuan Golden Summit (Group) Joint-stock Co.
4.11.1 Investment Direction
4.11.2 Investment Characteristics
4.12 Investment Projects of Xinjiang Qingsong Cement (Group) Co.
4.12.1 Investment Direction
4.12.2 Investment Characteristics
4.13 Investment Projects of NingXia SaiMa Industrial Co.
4.13.1 Investment Direction
4.13.2 Investment Characteristics
4.14 Investment Projects of  Fujian Cement Inc
4.14.1 Investment Direction
4.14.2 Investment Characteristics
4.15 Investment Projects of Hebei Taihang Cement Co.
4.15.1 Investment Direction
4.15.2 Investment Characteristics
4.16 Investment Projects of Anhui Conch Cement Co.
4.16.1 Investment Direction
4.16.2 Investment Characteristics
4.17 Investment Projects of Yatai Cement Group Co.
4.17.1 Investment Direction
4.17.2 Investment Characteristics
4.18 Investment Projects of Gansu Qilianshan Cement Group Co.
4.18.1 Investment Direction
4.18.2 Investment Characteristics
4.19 Investment Projects of Huaxin Cement Co.
4.19.1 Investment Direction
4.19.2 Investment Characteristics

5. Investment Direction of Other Listed Construction Material Companies
5.1 Investment Projects of Hunan Ginde Development Co.
5.1.1 Investment Direction
5.1.2 Investment Characteristics
5.2 Investment Projects of Zhejiang Dongliang New Building Materials Co.
5.2.1 Investment Direction
5.2.2 Investment Characteristics
5.3 Investment Projects of Zhejiang Dehua TB New Decoration Material Co.
5.3.1 Investment Direction
5.3.2 Investment Characteristics
5.4 Investment Projects of Wuhu Conch Profiles and Science Co.
5.4.1 Investment Direction
5.4.2 Investment Characteristics
5.5 Investment Projects of Xinjiang Guotong Pipeline Co.
5.5.1 Investment Direction
5.5.2 Investment Characteristics
5.6 Investment Projects of Beijing New Building Materials (BNBM) Co.
5.6.1 Investment Direction
5.6.2 Investment Characteristics
5.7 Investment Projects of Ruitai Materials Technology Co.
5.7.1 Investment Direction
5.7.2 Investment Characteristics
5.8 Investment Projects of Shenzhen Sanxin Special Glass Technology Co.
5.8.1 Investment Direction
5.8.2 Investment Characteristics