洁美科技（002859）20225年12月回应：公司HVLP铜箔已经给韩国斗山送样，目前客户正在测试阶段。 宝鼎科技（002552）：控股子公司金宝电子生产的HVLP铜箔主要用于5G基站、天线等领域的线路板或柔性线路板。 嘉元科技2025年9月回应：公司HVLP铜箔产品正在客户验证阶段中。 PET铜箔板块持续拉升，东材科技（601208）午后涨停，诺德股份（600110）此前涨停，阿石创（300706）、德福科技（301511）、中一科技 （301150）、双星新材（002585）、三孚新科跟涨。 国金证券指出，2026年2月消费级PCB铜箔加工费较2025年底涨2000元/吨。 机构表示，AI挤占的背后是资源的争夺，资本追逐高回报率。AI挤占的发生，首要原因是有赚钱效应的AI需求在高速扩张，吸引资本投入，AI 对"资源"的消耗远大于传统行业，因此传统行业的设备/人员/资金"被大量抽调"，形成供给缺口。第二，竞争加剧了这类产能"抽调"，企业通过 升级产能来巩固技术先发优势。AI日新月异的技术升级又带来了不确定性，产品性能、良率需要实现"又快又好"很难实现，但竞争者倍加珍 视"弯道超车"机会，行业"洗牌"展开， ...

PET铜箔板块持续拉升，东材科技午后涨停，诺德股份此前涨停，阿石创、德福科技、中一科技、双星 新材、三孚新科跟涨。 ...

Market Overview - On February 25, A-shares saw all three major indices rise by over 1%, with the Sci-Tech Innovation Index increasing by nearly 0.7%, and nearly 4,000 stocks in the market experiencing gains [9][10] - The total trading volume reached 1.45 trillion yuan, with a significant increase of 102.9 billion yuan compared to the previous day [10] Sector Performance - The fertilizer and pesticide sector experienced a surge, with stocks like Chuanjinnuo hitting the daily limit, and other companies such as Chitianhua and Yuntianhua also seeing significant gains due to rising prices of urea, potassium sulfate compound fertilizer, and monoammonium phosphate [10][11] - Shipping stocks collectively strengthened, with China Merchants Energy achieving a historical high, and other companies like COSCO Shipping Energy and COSCO Shipping Development also rising, driven by a spike in oil tanker spot freight rates reaching a nearly six-year high [11][12] - Lithium battery concept stocks saw substantial increases, with Hanrui Cobalt rising over 11%, and other companies like Wenkang New Energy and Nord Shares also performing well, as lithium carbonate futures broke through the 170,000 yuan mark, marking a significant daily increase of over 10% [12] International Market Trends - The Nikkei 225 index in Japan rose by 1.4%, reaching a historical high, while the Korean Composite Stock Price Index expanded its gains to 2%, also hitting a historical high, with automotive stocks like Kia and Hyundai seeing significant increases [14] - International gold and silver prices surged, with spot silver rising over 3% and spot gold briefly surpassing 5,190 USD per ounce [14][15]

（文章来源：每日经济新闻） 每经AI快讯，2月25日，PCB概念股再度拉升，宏昌电子、江南新材、铜冠铜箔盘中创新高，诺德股份 涨停，德福科技、中一科技、山东玻纤、胜宏科技、光华科技跟涨。 ...

PCB概念股再度拉升，宏昌电子、江南新材、铜冠铜箔盘中创新高，诺德股份涨停，德福科技、中一科 技、山东玻纤、胜宏科技、光华科技跟涨。 ...

相关企业：联茂电子股份有限公司、南亚塑胶工业股份有限公司等。 关键词：高频高速覆铜板行业发展历程、高频高速覆铜板行业产业链、铜箔行业产量、高频高速覆铜板 行业供需情况、高频高速覆铜板行业市场规模、高频高速覆铜板行业竞争格局、高频高速覆铜板行业发 展趋势 一、高频高速覆铜板行业概述 高频高速覆铜板（高频高速基板）是射频/微波电路用覆铜板（一般称为高频覆铜板）和高速数字电路 用覆铜板（一般称为高速覆铜板）的统称，是在电子电路设计中常用的一种特殊类型的印刷电路板 （PCB）。按照基材可分为玻纤布基覆铜板、聚酰亚胺基覆铜板、聚酯基覆铜板；按电气性能可分为低 介电常数覆铜板、高介电常数覆铜板和低损耗角正切覆铜板。 高频高速覆铜板的分类 高频高速覆铜板制备工艺与普通覆铜板流程类似，包括混胶、上胶烘干、粘切片裁剪后叠BOOK、层 压、剪板等。 内容概况：高频高速覆铜板是新一代电子信息产业发展的关键材料，主要用于5G通信设备、高速数据 中心、汽车电子、卫星通信以及人工智能硬件等领域。随着5G基站的大规模建设、数据中心带宽需求 快速增长，以及新能源汽车和智能驾驶的普及，高频高速覆铜板市场呈现出强劲的增长势头。相比传统 覆铜板， ...

内容概要：锂电铜箔是锂离子电池负极集流体的核心材料，影响电池性能，成本占电池总成本约 5%-10%。中国锂电铜箔产业链联动紧密，呈现"上游约束成本、中游决定供给、下游牵引需求"格局。 在全球新能源转型背景下，锂电池出货量攀升，为锂电铜箔奠定需求基础，2025年全球锂离子电池出货 量达2280.5GWh，预计2026年突破3016GWh。中国锂电池行业领先，2025年出货量占全球82.8%，推动 锂电铜箔发展。2025年国内锂电铜箔出货量达到94万吨，预计2026年全年出货量将达到115-120万吨， 保持高速增长态势。当前行业企业竞争格局集中度提升，2025年TOP10企业出货量集中度近80%。未 来，超薄化是核心主线，供应链深度绑定成常态，企业将通过多元化布局突围，推进全球化、延伸产品 品类、强化成本管控，提升抗风险能力，推动行业高质量发展。 上市企业：诺德股份（600110）、嘉元科技（688388）、德福科技（301511）、中一科技（301150）、 铜冠铜箔（301217）、江西铜业（600362）、海亮股份（002203）、亨通股份（600226）、杭电股份 （603618）、宝鼎科技（00255 ...

诺和诺德股份公司董事会成员、高管和关联人士买卖诺和诺德股票。 来源：滚动播报 ...

证券代码：600110 证券简称：诺德股份 公告编号：临 2026-008 诺德新材料股份有限公司 关于担保的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 担保对象及基本情况 | 担保对象一 | 被担保人名称 | | 诺德新材料股份有限公司 | | | --- | --- | --- | --- | --- | | | 本次担保金额 | 35,000 | 万元 | | | | 实际为其提供的担保余额 | 118,892.41 | 万元 | | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_________ | | | 本次担保是否有反担保 | □是 | 否 | □不适用：_________ | | 担保对象二 | 被担保人名称 | | | 青海电子材料产业发展有限公司 | | | 本次担保金额 | 10,000 | 万元 | | | | 实际为其提供的担保余额 | 108,892.41 | | 万元 | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_____ ...

Summary of Key Points from Conference Call Records Industry Overview - **Industry Focus**: The records primarily discuss the lithium battery, sodium battery, wind power, and photovoltaic sectors, highlighting recent developments and future expectations in these industries. Lithium Battery Sector - **National Capacity Pricing Policy**: The introduction of the national capacity pricing policy is expected to increase the Internal Rate of Return (IRR) for energy storage by over 3%, with more provinces likely to adopt energy storage solutions by 2026 [1] - **Lithium Battery Production**: In February, lithium battery production is projected to decrease by over 10%, indicating that the production season is not as weak as anticipated [1] - **Sodium Battery Testing**: Ningde has initiated winter testing with multiple automotive companies for sodium batteries, with expectations for mass production in Q2 [1] - **Investment Focus**: The preferred investment hierarchy includes energy storage cells (Penghui) > lithium iron phosphate cathodes > energy storage integration (Haibo) > separators (Enjie), copper, and aluminum foil (Nord and Dingsheng) [1] Sodium Battery Sector - **Lithium Carbonate Price Adjustment**: A new round of price increases for lithium carbonate is anticipated following adjustments, with strong downstream purchasing activity observed after recent price drops [2] - **Wind Power Sector Performance**: Recent performance forecasts for the wind power sector have largely fallen short of expectations due to a decline in Q4 shipments and year-end impairments, indicating a confirmed bottom for the main engine sector [2] - **Investment Recommendations**: Recommended stocks include Jinlei Co., Daikin Heavy Industries, and major engine manufacturers (Goldwind, SANY, Yunda, Mingyang) [2] Photovoltaic Sector - **Space Photovoltaics**: The application by SpaceX to deploy 1 million satellites to create a space data center reinforces the logic behind space photovoltaics [3] - **Cost Reduction in Battery Production**: The high silver prices and technological breakthroughs have led to an average cost reduction of over 0.15 CNY/W in copper-based batteries, indicating a potential explosion in the no-silver industrialization [3] - **Investment Focus**: The preferred investment hierarchy includes equipment manufacturers (Liancheng, Lap, Maiwei, Yujing) and battery materials (Bojian, Foster, Kaisheng, Juhua, Dike, Risheng, Junda) [3] AIDC (Artificial Intelligence Data Center) Sector - **New Bidding Opportunities**: The domestic supply chain is entering a new round of bidding, with ByteDance shifting its focus to high-voltage direct current solutions and Nvidia tightening certification for liquid cooling [3] - **Production Increase**: The production capacity of Yingwei's QD is expected to increase by 20 times in Q1, indicating a strong alignment with Nvidia's ecosystem [3]