经济观察网2026年2月11日，三维股份（603033）接受机构调研，披露公司已形成"化工、交通"两大领 域三大主业的业务格局。其中新材料化工业务在内蒙古乌海市布局30万吨/年BDO和36万吨/年电石产 能，未来将向上游拓展兰炭、绿电等产能，向下游拓展PBAT等可降解塑料产能，目标是成为全球BDO 及可降解塑料一体化龙头企业。轨道交通业务重点布局珠三角、长三角及"一带一路"沿线省份，如四 川、云南，致力于高铁和地铁项目开拓。同日，公司股价报收11.36元，上涨1.25%，成交额1.09亿元。 股票近期走势近7日(2026年2月5日至12日)，三维股份股价区间振幅达6.32%，最高价为2月9日的11.76 元，最低价为2月6日的11.04元。截至2月12日收盘，股价为11.20元，当日下跌1.41%，换手率0.64%， 成交金额7221万元。资金流向显示，2月11日主力资金净流出296.72万元，但游资资金净流入332.43万 元。同期，公司所属基础化工板块下跌0.23%，橡胶板块上涨0.09%，表现略弱于行业平均水平。 机构观点根据2月11日机构调研记录，公司对2025年业绩预告进行解读：预计全年净利润亏损2 ...

Core Viewpoint - The company is committed to the real economy, focusing on its existing industries and forming a business structure centered around two main fields: chemicals and transportation [2] Group 1: Chemical Industry - The new materials chemical business has a production base located in Wuhai City, Inner Mongolia, with established capacities of 300,000 tons/year for BDO and 360,000 tons/year for calcium carbide [2] - Future plans include expanding production capacities for lanthanum carbon and green electricity, as well as developing new material capacities for PBAT [2] - The company aims to become a leading integrated enterprise in BDO and biodegradable plastics on a global scale [2] Group 2: Transportation Industry - The rail transportation business focuses on key regions such as the Pearl River Delta, Yangtze River Delta, and provinces along the Belt and Road Initiative, including Yunnan and Sichuan [2] - The company is dedicated to the development of high-speed rail construction and urban subway projects [2] Group 3: Rubber and Chemical Fiber Industries - The rubber products and chemical fiber production bases are located in Sanmen County, with main products including rubber conveyor belts, V-belts, polyester chips, and polyester industrial yarns [2] - The company is recognized as one of the leading enterprises in the rubber conveyor belt and V-belt sectors in China [2]

Core Viewpoint - The company has a significant backlog of orders in Guangxi and Sichuan, which supports future business development and focuses on key projects like Chengdu Metro Phase V, Sichuan-Tibet Railway, and Chengyu Middle Line High-speed Railway by 2026 [2] Group 1 - The company indicated that it will regularly disclose operational data related to its rail transit business [2] - Contracts or bid notifications exceeding 100 million yuan will be promptly announced [2]

证券代码：603033 证券简称：三维股份 公告编号：2026-007 ● 被担保人:四川三维轨道交通科技有限公司（以下简称"四川三维"）。 ● 本次担保金额及累计为其担保金额:本次三维控股集团股份有限公司（以 下简称"公司"）为四川三维向成都银行股份有限公司高新支行申请综合授信新 增最高担保额度为 5,000 万元连带责任担保，截止本次担保前公司累计为四川三 维提供的担保余额为 61,179.11 万元。 ● 本次公司为四川三维提供担保已履行相应的审批程序，具体内容详见 2025 年 12 月 30 日披露的《第五届董事会第二十一次会议决议公告》（公告编号： 2025-068）、《关于对合营企业提供关联担保额度的公告》（公告编号：2025-069） 及 2026 年 1 月 16 日披露的《2026 年第一次临时股东会决议公告》（公告编号： 2026-003），无需再次提交董事会及股东会审议。 ● 本次担保构成关联担保。 三维控股集团股份有限公司 关于为合营企业提供关联担保的进展公告 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个别 ...

Group 1 - The rubber sector experienced a rise of 2.38% on February 3, with Sanwei Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up 1.29%, while the Shenzhen Component Index closed at 14127.1, up 2.19% [1] - Key stocks in the rubber sector showed significant increases, with Sanwei Co., Ltd. closing at 11.33, up 4.04%, and Tongcheng New Materials at 55.98, up 3.27% [1] Group 2 - The rubber sector saw a net inflow of 59.165 million yuan from main funds, while retail investors experienced a net outflow of 65.6837 million yuan [1] - Among individual stocks, Kexin New Energy had a main fund net inflow of 84.1227 million yuan, while Sanwei Co., Ltd. had a net inflow of 33.39 million yuan from main funds [2] - The overall trading volume in the rubber sector was substantial, with notable transactions such as Tongcheng New Materials reaching a trading volume of 133,700 shares and a transaction value of 744 million yuan [1]

Group 1 - The core viewpoint of the article indicates that the polyester industrial filament industry is expected to show an upward trend in prosperity by 2025, driven by national policy guidance, industry association leadership, and corporate self-discipline through measures like "production limits to maintain prices" and "coordinated operating rates" [1] - The company has reported a significant reduction in losses in its polyester industrial yarn business, suggesting an improvement in financial performance [1] - Future profitability is anticipated to improve further as the company shifts towards high-threshold, high-tech, and high-value-added automotive yarn sectors, alongside the ongoing implementation of anti-involution policies and improvements in supply-demand dynamics [1]

Core Viewpoint - The company has established a 360,000 tons/year calcium carbide production capacity at its BDO integrated project in Ulanqab, Inner Mongolia, primarily to meet the raw material needs for its first phase of 300,000 tons/year BDO production [1] Group 1 - The BDO integrated project aims for a total scale of 900,000 tons/year BDO production, with a supporting calcium carbide facility of 1,200,000 tons/year [1] - Upon completion, the project is expected to rank among the top in domestic production capacity [1]

Group 1 - The core viewpoint of the article is that Sanwei Co., Ltd. has announced a significant expected increase in losses for the year 2025, projecting a net profit attributable to the parent company of between -380 million and -250 million yuan, indicating a worsening financial situation compared to the previous year [2] Group 2 - The company anticipates that its losses will expand compared to the same period last year, highlighting ongoing financial challenges [2]

Group 1 - The core viewpoint of the article indicates that Sanwei Co. expects a significant increase in net losses for the year 2025, projecting a loss between 380 million yuan and 250 million yuan, compared to the previous year [1] - The main reasons for the expected loss expansion include continued low prices of products from its subsidiary, Inner Mongolia Sanwei New Materials Co., leading to decreased revenue and gross profit [1] - The company plans to conduct impairment testing on related assets of its subsidiary, adhering to accounting standards and the principle of prudence, with the final impairment amount to be determined based on evaluations from qualified assessment and auditing institutions [1] Group 2 - The nuclear power construction industry is experiencing a surge in demand, with equipment manufacturers reportedly busy with orders extending to 2028, operating on a three-shift schedule and maintaining 24-hour production lines [1]

Core Viewpoint - The company, Sanwei Co., Ltd. (603033.SH), anticipates a significant increase in net losses for the year 2025, projecting a loss between 380 million yuan and 250 million yuan, compared to the previous year [1] Financial Performance - The overall business operations of the company remain stable during the reporting period [1] - The projected increase in losses is primarily attributed to the continued low prices of products from its subsidiary, Inner Mongolia Sanwei New Materials Co., Ltd., leading to a decline in revenue and gross profit [1] - The company will begin to depreciate relevant fixed assets during the reporting period, which will also impact operational performance [1] Asset Management - To comply with accounting standards and adhere to the principle of prudence, the company plans to conduct impairment testing on the relevant assets of its subsidiary, Inner Mongolia Sanwei New Materials Co., Ltd. [1] - The final decision on whether to recognize impairment and the specific amount will depend on evaluations and audit conclusions from qualified securities and futures assessment institutions [1]