证券日报网讯 2月25日，金发科技在互动平台回答投资者提问时表示，公司已组建专门的材料研发团 队，并与行业头部企业开展协同开发合作。目前，部分材料已实现向客户批量供应。当前，该业务占公 司营收比例极小，未来存在一定不确定性。基于商业保密原则，下游具体客户的合作情况不便披露，公 司将严格按照相关规则，及时披露重大进展。敬请广大投资者理性投资，注意甄别市场概念，防范炒作 风险。 （文章来源：证券日报） ...

（编辑 任世碧） 证券日报网讯 2月24日，金发科技在互动平台回答投资者提问时表示，作为国内最大的改性高分子新材 料整体解决方案供应商，公司产品广泛应用于汽车、家电、新能源、电子通讯等行业。目前，公司在国 内和印度车用改性塑料市场份额稳居第一。公司拥有一整套全方位的车用材料解决方案，凭借在研发创 新、应用开发和快速响应等方面的综合优势，能够为客户提供从产品开发到量产的全周期支持。公司已 与全球主要新能源汽车制造商建立了稳定的合作关系，基于商业保密原则，公司无法就下游客户合作情 况进行披露。 ...

格隆汇2月24日丨金发科技(600143.SH)在投资者互动平台表示，作为国内最大的改性高分子新材料整体 解决方案供应商，公司产品广泛应用于汽车、家电、新能源、电子通讯等行业。目前，公司在国内和印 度车用改性塑料市场份额稳居第一。公司拥有一整套全方位的车用材料解决方案，凭借在研发创新、应 用开发和快速响应等方面的综合优势，能够为客户提供从产品开发到量产的全周期支持。 ...

证券日报网讯 2月24日，金发科技在互动平台回答投资者提问时表示，作为全球规模最大、产品种类最 为齐全的改性塑料生产企业，公司产品广泛应用于汽车、家电、电子电工、通讯电子、新基建、新能 源、现代农业、现代物流、轨道交通、航空航天、高端装备、医疗健康等行业。公司始终坚持以自主创 新为核心驱动，持续深化技术研发与产品升级，通过不断提升自身核心竞争力，为股东创造长期价值。 公司愿与行业同仁携手并进，共同努力推动化工新材料行业的高质量发展。 （文章来源：证券日报） ...

格隆汇2月24日丨金发科技(600143.SH)在投资者互动平台表示，公司未持有上纬新材的股票。 ...

格隆汇2月24日丨金发科技(600143.SH)在投资者互动平台表示，公司未持有上纬新材的股票。 ...

Investment Rating - The report maintains an "Optimistic" rating for the chemical industry [3][4]. Core Insights - The macroeconomic outlook for the chemical industry indicates a stable increase in oil demand due to global economic improvement and tariff adjustments, with Brent oil prices expected to remain in the range of $60-75 per barrel [3][4]. - The report highlights a potential recovery in the export chain due to the reduction of tariffs on Chinese products, which is expected to boost the chemical sector's performance [3][4]. - The report suggests that the chemical industry is at a cyclical turning point, with demand expected to rise as downstream operations resume post-holiday [3][4]. Summary by Relevant Sections Macro Economic Analysis - Oil supply is constrained due to OPEC+ production delays and peak shale oil output, while demand is stabilizing with improved global economic conditions [3][4]. - Coal prices are expected to stabilize at a long-term bottom, and natural gas costs may decrease as the U.S. accelerates its export facility construction [3][4]. Industry Dynamics - The report notes significant advancements in robotics showcased during the Spring Festival, indicating a key commercialization year for robotics in 2026, with related materials expected to see increased demand [3][4]. - The chemical sector is advised to focus on investment opportunities in the textile chain, agricultural chemicals, and overseas real estate chains, with specific companies highlighted for potential growth [3][4]. Price Trends - Recent data shows a decrease in oil prices and an increase in coal prices, with the overall industrial PPI showing a slight decline year-on-year but an increase month-on-month [6][9]. - Specific chemical product prices, such as PTA and MEG, have shown mixed trends, with PTA prices slightly increasing while MEG prices have decreased [9][10]. Company Valuations - The report includes a valuation table for key companies in the agricultural chemicals and chemical fertilizer sectors, indicating growth in net profits and maintaining a positive outlook for several firms [15].

Investment Rating - The report maintains a "Positive" rating for the chemical industry [4][3]. Core Insights - The macroeconomic outlook for the chemical industry indicates a stable increase in oil demand due to global economic recovery and tariff adjustments, with Brent crude oil expected to remain in the range of $60-75 per barrel [4][5]. - The report highlights a potential spring boom in the chemical sector, driven by the success of domestic robotics showcased during the Spring Festival and favorable export conditions following tariff reductions [4][3]. - Investment opportunities are identified in various chains, including textiles, agricultural chemicals, and overseas real estate, with specific companies recommended for investment [4][3]. Industry Dynamics - Oil supply is tightening due to OPEC+ production delays and peak shale oil output, while demand is stabilizing with improved global economic conditions [5]. - The chemical industry is at a cyclical turning point, with downstream operations gradually resuming post-holiday, indicating a positive demand outlook for the year [4][3]. - The report notes that the Producer Price Index (PPI) for industrial products decreased by 1.4% year-on-year in January, while the manufacturing PMI recorded 49.3, indicating some volatility in manufacturing activity [7][4]. Investment Analysis - The report suggests a diversified investment strategy focusing on four key areas: textiles, agricultural chemicals, export chains, and beneficiaries of "anti-involution" policies [4][3]. - Specific companies to watch include those in the textile chain like Lu Xi Chemical and Tongkun Co., and in the agricultural chain like Hualu Hengsheng and Baofeng Energy [4][3]. - The report emphasizes the importance of self-sufficiency in key materials, particularly in semiconductor and panel materials, recommending companies such as Yake Technology and Ruilian New Materials [4][3].

近7日无最新研报发布。此前分析指出POE国产化替代空间广阔，公司项目已投产并送样头部胶膜厂， 中长期成长性受关注。 以上内容基于公开资料整理，不构成投资建议。 财报分析 近期无新增财报资讯。2025年全年业绩预告已于1月30日披露，预计归母净利润863.24万至1294.86万 元，同比扭亏，主因POE项目投产及降本增效。 机构观点 经济观察网鼎际得（603255）与塑料改性龙头金发科技（600143）签署战略合作协议，围绕POE、聚烯 烃用催化剂及助剂的生产和供应模式达成全面合作。同日，中东地缘局势紧张推升能化板块关注度，石 油期货板块获资金净流入33.66亿元，化工期货板块资金净流入14.31亿元。2月13日，鼎际得披露总额 2.5亿元的对外担保，被担保方为子公司辽宁鼎际得石化科技有限公司，担保方式为连带责任担保。 股票近期走势 近7个交易日，鼎际得股价区间振幅达18.77%，2月9日单日涨幅2.70%，但2月13日收盘价31.73元，当日 跌幅2.49%，5日累计下跌2.76%。资金面显示2月13日主力资金净流出420万元，散户资金占比46%。技 术面短期承压，20日布林带上轨压力位34.78元，支撑位 ...

Core Insights - The chemical industry is at the beginning of a new prosperity cycle globally, with Chinese chemical companies showing stronger profit foundations and elasticity due to past expansions and capital expenditures [5][11][29] - Focus on cyclical chemical products, particularly those with resource attributes and potential in the real estate chain [4][5] - The demand from major economies like China and the US is expected to improve, with China's GDP projected to exceed 140 trillion yuan, growing at 5.0% year-on-year [5][22] Group 1: Global and Domestic Chemical Landscape - The global chemical landscape is improving, with China's chemical sector becoming more resilient [9][12] - China's share of the global chemical market has significantly increased from 13% in 2004 to 47% in 2024, indicating its growing importance in the global chemical industry [14][29] - The capital expenditure in the global chemical sector has paused, with many overseas chemical companies reducing production, which may benefit Chinese companies [14][16] Group 2: Resource Attributes in Chemical Products - Three main resource directions are emphasized: mineral resources (like phosphate and potash), indicator resources (such as pesticides and refrigerants), and channel resources (like compound fertilizers) [5][33] - China's phosphate reserves rank second globally, with a steady increase in demand driven by both traditional fertilizer needs and emerging sectors like lithium iron phosphate for batteries [33][36] - The supply of fertilizers is expected to contract in 2025, with production of monoammonium phosphate and diammonium phosphate projected to decrease by 6.73% and 6.86% respectively [39] Group 3: Real Estate Chain Chemical Products - The market currently has low expectations for the recovery of demand in the real estate chain, but there is potential for significant improvement due to government stimulus policies [5][22] - The supply concentration of chemical products related to the real estate chain is gradually increasing, which may lead to faster and easier supply-demand improvements [5] Group 4: New Materials and Domestic Substitution - The report highlights the importance of domestic substitution and the development of new materials in line with China's strategic plans for emerging industries [7][8] - Key areas of focus include lubricating oil additives, semiconductor materials, and bio-based materials [7] Group 5: Investment Recommendations - Suggested companies for investment include Hualu Chemical, Xin Fengming, Yuntianhua, and others, focusing on those with strong market positions and innovative capabilities [7][8]