经济观察网 鹿山新材澄清太空封装胶膜未通过星链认证，实控人计划减持不超过公司总股本的3%。公 司2025年业绩预亏，主要因光伏胶膜业务计提大额资产减值。 近期事件 2026年2月24日，鹿山新材在互动平台澄清市场传闻，明确表示公司太空封装胶膜暂未通过星链认证， 也未向中国星网直接供货，相关消息不属实。此外，2026年2月20日公司公告，实控人及一致行动人因 资金需求计划减持不超过公司总股本的3%（约484万股），减持期间为2026年3月10日至6月9日。 股票近期走势 近期鹿山新材股价呈现调整态势。截至2026年2月26日收盘，股价报24.73元，单日下跌1.94%，近5日累 计跌幅为7.55%。资金流向方面，2月25日主力资金净流出346.63万元，2月26日早盘主力净流出延续； 换手率较高，2月25日达6.02%，显示市场交投活跃但资金流出压力明显。 以上内容基于公开资料整理，不构成投资建议。 财报分析 鹿山新材2025年业绩预告显示，预计归母净利润为-7400万元至-3700万元，同比由盈转亏，主要因光伏 胶膜业务计提资产减值损失4000万-6000万元。2025年三季报已反映出压力：前三季度营收11. ...

证券日报网讯2月24日，鹿山新材（603051）在互动平台回答投资者提问时表示，公司太空封装胶膜暂 未通过星链认证，也没有向中国星网直接供货。 ...

就"据传 鹿山新材太空 封装胶膜通过星链认证，2026年对星链供货占比预计超10%，同时为中国星网核 心供应商，提供卫星太阳翼材料，形成"双星"供应链布局。请确认是否确有其事？"鹿山新材在互动平 台回复称，公司太空封装胶膜暂未通过星链认证，也没有向中国星网直接供货，以上消息不属实。 ...

格隆汇2月24日丨鹿山新材(603051.SH)在投资者互动平台表示，公司太空封装胶膜暂未通过星链认证， 也没有向中国星网直接供货，以上消息不属实。 ...

格隆汇2月24日丨鹿山新材(603051.SH)在投资者互动平台表示，公司已发布机器人皮肤新品，暂时没有 形成正式订单。公司将全力以赴加快市场化步伐，并依据相关规则及时披露重大进展。 ...

格隆汇2月24日丨鹿山新材(603051.SH)在投资者互动平台表示，公司太空封装胶膜暂未通过星链认证， 也没有向中国星网直接供货，以上消息不属实。 ...

格隆汇2月24日丨鹿山新材(603051.SH)在投资者互动平台表示，公司已发布机器人皮肤新品，暂时没有 形成正式订单。公司将全力以赴加快市场化步伐，并依据相关规则及时披露重大进展。 ...

Core Viewpoint - The articles highlight the growing interest and investment in space photovoltaic technology among various companies in China, indicating a significant potential for growth in this sector by 2026 as commercialization accelerates. Group 1: Company Overview - Xizi Clean Energy (002534) is a leading clean energy equipment manufacturer in China, focusing on high-performance perovskite photovoltaic technology and aiming to become a core supplier of materials for space photovoltaics by 2026 [1][24]. - Shanghai Port Construction (605598) is a major infrastructure company that is expanding into space photovoltaic systems, leveraging its engineering capabilities to support commercial space projects [2][25]. - TuoRi New Energy (002218) has a long-standing presence in the photovoltaic industry and is optimizing its space photovoltaic products, expecting to increase market share by 2026 [3][26]. - Mingyang Smart Energy (601615) is acquiring technology to enhance its capabilities in space solar cell development, aiming to integrate its wind and solar energy expertise [4][28]. - Woge Optoelectronics (603773) specializes in flexible solar wing materials for satellites, with a focus on high-temperature resistant films, anticipating significant growth in the space photovoltaic sector [5][29]. Group 2: Growth Outlook - Companies are expected to benefit from the rapid commercialization of space photovoltaics, with projections indicating substantial growth opportunities by 2026 [1][2][3][4][5]. - The synergy between commercial aerospace and space photovoltaic industries is anticipated to drive rapid business growth for companies like Shanghai Port Construction and Mingyang Smart Energy [2][4]. - The demand for flexible solar wings and high-efficiency photovoltaic materials is expected to surge, positioning companies like Woge Optoelectronics and TuoRi New Energy as key players in the market [3][5]. Group 3: Technological Advancements - Companies are focusing on developing materials that can withstand extreme space conditions, such as high-performance perovskite and flexible solar films, which are crucial for the success of space photovoltaic applications [1][5][6]. - The integration of advanced technologies, such as N-type solar cells and high-efficiency components, is being prioritized by firms like Junda Co. (002865) and Sanan Optoelectronics (600703) to enhance their competitive edge in the space photovoltaic market [6][10][35]. - The ongoing research and development efforts in high-efficiency solar technologies are expected to yield breakthroughs that will facilitate the commercialization of space photovoltaic solutions by 2026 [3][4][5][6].

中国经济网北京2月9日讯 鹿山新材(603051.SH)2月6日晚间披露关于控股股东、实际控制人及其一 致行动人减持股份计划的公告。 公司股东广州市鹿山信息咨询有限公司（以下简称"鹿山信息"）、汪加胜因资金需求，计划自减持 计划公告之日起15个交易日后的3个月内，拟通过集中竞价和大宗交易方式减持所持有的公司股票，合 计减持数量不超过4,848,986股，即不超过公司总股本的3%。其中：以集中竞价交易方式减持其所持股 份不超过1,616,328股，不超过公司总股本的1%，以大宗交易方式减持其所持股份不超过32,32,657股， 不超过公司总股本的2%，减持价格根据市场价格确定。 鹿山新材于2022年3月25日在上交所主板上市，发行价格25.79元/股，发行数量23,003,000股，保荐 机构为中信证券股份有限公司，保荐代表人为陈杰裕、戴顺。 鹿山新材首次公开发行股票募集资金总额为5.93亿元，募集资金净额为5.22亿元。鹿山新材于2022 年3月15日发布的招股说明书显示，该公司拟募集资金5.22亿元，分别用于功能性聚烯烃热熔胶扩产项 目、功能性聚烯烃热熔胶技改项目、TOCF光学膜扩产项目、研发中心建设项目、 ...

Core Viewpoint - The article discusses the emergence of a new era in satellite technology, emphasizing the urgent need for efficient power supply systems for satellites as China prepares to launch a significant number of satellites by the end of 2025 [6][9]. Group 1: Satellite Launch and Development - By the end of 2025, China plans to submit approximately 203,000 satellites to the ITU, covering 14 satellite constellations, with the Radio Innovation Institute applying for two constellations, each with 96,714 satellites, totaling nearly 193,000 satellites [7][8]. - Major operators and commercial satellite companies are also advancing medium-scale constellations, with China Mobile applying for 2,520 satellites, Yuxin Satellite for 1,296, and Guodian Gaoke for 1,132 [8][10]. - As of December 2025, the overall launch completion rate for major domestic constellations remains low, indicating they are in the early stages of network formation [13]. Group 2: Starlink Program and Launch Trends - The Starlink program exhibits a clear generational rhythm, with cumulative launches reaching approximately 11,034 satellites and applications totaling about 41,943 as of January 2026 [2][16]. - The annual launch volume has increased significantly, with projections for 2025 reaching around 3,200 satellites, reflecting a trend of accelerating deployment [15][20]. - Starlink's V1 to V3 satellites utilize crystalline silicon technology to prioritize supply chain scalability and system-level cost reduction, while V4 may adopt P-type silicon HJT or P-type silicon HJT-perovskite tandem structures [3][4]. Group 3: Photovoltaic Technology in Space - The current mainstream technology for space photovoltaic applications in China is multi-junction gallium arsenide (GaAs), although there is ongoing testing and validation of perovskite systems by various companies [4][26]. - The high unit price of GaAs photovoltaic cells is becoming a significant factor limiting system economics, prompting the industry to explore lower-cost alternatives such as silicon-based and perovskite technologies [21][34]. - The article highlights the unique requirements for photovoltaic cells in space, including radiation resistance, thermal stability, and long-term reliability under extreme conditions [22][25]. Group 4: Industry Outlook and Recommendations - The acceleration of satellite launches and the continuous validation of new photovoltaic technologies indicate a rising industry outlook and long-term growth potential for the space photovoltaic sector [5][6]. - The article recommends a "buy" rating for the space photovoltaic industry, citing key companies such as Maiwei Co., Aotewi, and others as relevant investment targets [5][6].