Group 1 - The company, Daosheng Tianhe (601026), operates in the "C26 Chemical Raw Materials and Chemical Products Manufacturing" industry, specifically under "C2659 Other Synthetic Materials Manufacturing" [1] - The company is one of the few in China that can master multiple formulations of basic chemical raw materials, possessing several core technologies, international certifications, and patents [1] - The technological accumulation and patent protection provide a competitive barrier for the company's products, making them difficult to replicate [1]

证券代码：601026 证券简称：道生天合 公告编号：2026-002 道生天合材料科技（上海）股份有限公司 关于与专业投资机构共同投资设立产业基金的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 投资标的：嘉兴致道天合创业投资合伙企业（有限合伙）（暂定名，最终 以市场监督管理部门核准登记为准）（以下简称"基金"、"合伙企业"）。 ● 投资金额：合伙企业认缴出资总额 10,000 万元，道生天合材料科技（上 海）股份有限公司（以下简称"公司"或"道生天合"）作为有限合伙人拟以自有资 金认缴出资额 3,000 万元，出资占比 30.00%。 合伙企业拟募集总规模为 10,000 万元人民币，公司作为有限合伙人以自有 资金认缴出资额 3,000 万元，出资占比 30.00%。 （二）审议情况 公司于 2026 年 1 月 26 日召开第二届董事会第二十七次会议，审议通过了《关 于与专业投资机构共同投资设立产业基金的议案》，董事会审议前，该议案已经 公司第二届董事会战略与可持续发展委员会 2026 年第 ...

证券代码：601026 证券简称：道生天合 公告编号：2026-001 道生天合材料科技（上海）股份有限公司 第二届董事会第二十七次会议决议公告 来财务状况和经营成果产生重大不利影响，不存在损害公司及全体股东利益的情 形。 表决结果：同意票 9 票，反对票 0 票，弃权票 0 票。 道生天合材料科技（上海）股份有限公司（以下简称"公司"）第二届董事会 第二十七次会议（以下简称"本次会议"）于 2026 年 1 月 26 日在公司以现场结合 通讯表决的方式召开。会议通知于 2026 年 1 月 21 日以电子邮件形式送达全体董 事。本次会议由董事长季刚先生主持，会议应到董事 9 名，实到董事 9 名，公司 董事会秘书、证券事务代表列席了会议。本次会议的召集、召开及表决程序符合 有关法律、行政法规、部门规章、规范性文件和《公司章程》的有关规定。 二、董事会会议审议情况 1、审议并通过《关于与专业投资机构共同投资设立产业基金的议案》 为进一步把握产业发展机遇，深化战略布局，董事会同意公司以自有资金出 资与嘉兴致君投资管理有限公司、嘉兴致君煦辰投资合伙企业（有限合伙）共同 设立嘉兴致道天合创业投资合伙企业（有限合伙） ...

Group 1 - The company Dao Sheng Tian He announced the convening of its 27th board meeting on January 26, 2026, which was held in a hybrid format combining in-person and telecommunication voting [1] - The board reviewed a proposal regarding the establishment of an industrial fund in collaboration with professional investment institutions [1] Group 2 - International gold prices have surpassed $5,000, marking a 280% increase over the past seven years [1] - Experts suggest that the future trajectory of gold prices will largely depend on the U.S. dollar, with a focus on the international monetary system, interest rate cuts, and technological revolutions [1]

Core Viewpoint - The company, Daoshengtianhe (601026.SH), aims to seize industry development opportunities and deepen its strategic layout by establishing a partnership with Jiaxing Zhijun Investment Management Co., Ltd. and Jiaxing Zhijun Xuchen Investment Partnership (Limited Partnership) to create Jiaxing Zhidao Tianhe Venture Capital Partnership (Limited Partnership) [1] Group 1 - The partnership is intended to leverage the resources and capabilities of professional investment institutions to identify and cultivate synergistic growth points for the company [1] - The total fundraising scale of the partnership is set at 100 million RMB, with the company committing 30 million RMB as a limited partner, representing a 30% stake [1]

Core Viewpoint - The company announced the establishment of a joint venture fund with Jiaxing Zhijun Investment Management Co., Ltd., aiming to enhance its industry ecosystem and competitiveness through a capital commitment of 30% in the fund [1] Group 1: Investment Details - The fund, named Jiaxing Zhidao Tianhe Venture Capital Partnership (Limited Partnership), is set to raise 100 million yuan [1] - The company will contribute 30 million yuan, representing a 30% stake in the fund [1] - The board approved the investment proposal with a unanimous vote of 9 in favor, 0 against, and no abstentions [1] Group 2: Strategic Implications - The investment is expected to improve the company's industry ecosystem and enhance its competitive position [1] - The management has been authorized to handle related matters, indicating a proactive approach to investment management [1] - The investment is not anticipated to have a significant adverse impact on the company's financials or operations [1]

Group 1 - The company, Daoshengtianhe (601026), emphasizes its commitment to fair and timely information disclosure for investors [1] - The company will disclose the number of shareholders and related information in its periodic reports [1]

Group 1 - The core viewpoint of the news is that Dao Sheng Tian He has shown significant financial performance and growth in its operations, with a notable increase in revenue and net profit year-on-year [2] - As of January 20, Dao Sheng Tian He's financing balance is 125 million yuan, which accounts for 5.63% of its market capitalization [1] - The company reported a revenue of 2.698 billion yuan for the period from January to September 2025, representing a year-on-year growth of 26.92% [2] Group 2 - Dao Sheng Tian He's net profit for the same period reached 153 million yuan, marking a year-on-year increase of 56.89% [2] - The company has a total of 151,200 shareholders as of October 17, with an increase of 840,111.11% compared to the previous period [2] - The main business revenue composition includes 68.56% from epoxy resin for wind turbine blades, 12.48% from resin for new composite materials, and 12.01% from high-performance wind power structural adhesives [1]

Group 1 - The core viewpoint of the news is that Daosheng Tianhe has shown significant growth in both revenue and net profit, indicating strong business performance and investor interest [2] - As of January 19, Daosheng Tianhe's financing balance reached 128 million yuan, accounting for 5.78% of its market capitalization [1] - The company specializes in the research, production, and sales of new materials, with a revenue composition heavily focused on epoxy resin for wind turbine blades, which constitutes 68.56% of its main business income [1] Group 2 - As of October 17, the number of shareholders for Daosheng Tianhe increased to 151,200, reflecting a significant rise of 840,111.11% [2] - For the period from January to September 2025, Daosheng Tianhe achieved a revenue of 2.698 billion yuan, representing a year-on-year growth of 26.92%, while the net profit attributable to shareholders was 153 million yuan, up 56.89% year-on-year [2] - Since its A-share listing, Daosheng Tianhe has distributed a total of 98.91 million yuan in dividends [2]

Core Viewpoint - The polymer-based thermal interface materials (TIM) industry is experiencing steady growth driven by advancements in AI, 5G, and electric vehicles, with the Chinese market expanding at a faster rate than the global market. The demand for high-end thermal management solutions in sectors like data centers and ADAS is expected to significantly increase, with the ADAS TIM market projected to reach $600 million by 2033 [1][6]. Industry Overview - Polymer-based TIMs are essential for electronic thermal management, designed to fill microscopic gaps between heat-generating devices and heat sinks, thereby reducing thermal resistance and ensuring efficient operation [1][3]. - TIMs are categorized into TIM1, which is used between chips and packaging, and TIM2, which is used between packaging and heat sinks, with TIM1 requiring higher performance standards [3][4]. Industry Policies - The polymer-based TIM industry is part of the new materials sector, which is a strategic focus for national development. Various policies have been implemented to support technological research, industrial application, and market promotion, facilitating breakthroughs in high-end technology and accelerating domestic substitution [5][6]. Industry Chain - The upstream of the TIM industry includes polymer matrices and high thermal conductivity fillers, while the midstream focuses on material formulation and composite process innovation. The downstream applications span consumer electronics, electric vehicles, 5G communication, and data centers, with electric vehicles and data centers being key growth drivers [5][6]. Market Size and Growth - The global TIM market is projected to grow from $2.012 billion in 2024 to $4.148 billion by 2031, with a compound annual growth rate (CAGR) of 10.74%. The Chinese TIM market is expected to grow from $1.027 billion in 2024 to $2.164 billion by 2031, with a CAGR of 11.09%, indicating strong growth potential [6][7]. Competitive Landscape - The competitive landscape shows a dynamic balance where international giants dominate the high-end market while local companies like Huitian New Materials and Feirongda are making significant advancements. These local firms are transitioning from cost advantages to competing directly in high-end supply chains through technological breakthroughs [7][8]. Development Trends - The industry is expected to evolve around three core directions: technological upgrades focusing on high thermal conductivity and multifunctional integration, deepening industry chain collaboration for domestic substitution, and expanding application scenarios that drive customized solutions [8][9][10]. - Future innovations will emphasize high-performance materials with integrated functionalities, while collaboration between upstream and downstream players will enhance the self-sufficiency of the supply chain [10][11].