More than half of the renovation and building materials stocks achieved growth. Boya Co., Ltd. stock price increased by 10.08%.

Beijing Business Daily (Reporter Zhai Fengrui) reported that on March 24, the renovation and building materials sector surged, closing at 16,442.03 points, up 4.66%. Driven by the sector, many renovation and building materials stocks saw price increases. Boya Co., Ltd. closed at 2.62 yuan per share, up 10.08%, leading the renovation and building materials stocks. Der Future closed at 6.89 yuan per share, up 10.06%, ranking second in growth among these stocks. Kangxin New Materials closed at 3.45 yuan per share, up 9.87%, ranking third. Additionally, Xilinmen closed at 17.56 yuan per share, down 4.10%, leading the decline in this sector. *ST Yazhen closed at 40.97 yuan per share, down 1.18%, ranking second in decline. The third was a stock that closed at yuan per share with a decline of @E1@%, but the specific stock name and figures are missing.

In a research report, Dongwu Securities stated that in terms of consumption, leading companies in the real estate chain, renovation, building materials, home furnishings, and home appliances sectors reported that shipments in the first two months slightly exceeded expectations. Cement production increased by 6.8% year-on-year, and with price increase expectations, downstream companies are actively replenishing inventories. By 2026, the gross profit margin, expense ratio, and profit margin of the real estate chain are expected to improve. After intense competition in the first half of 2025 caused most products to reach industry-wide losses, the industry will undergo cleanup, and prices will gradually recover. The height of this recovery is expected to be higher than the reasonable profit margin.