（文章来源：证券日报） 证券日报网讯 11月27日，阿科力在互动平台回答投资者提问时表示，截至2025年9月30日，公司股东总 数为8766户。 ...

Core Insights - COC/COP, or cyclic olefin copolymer/polymer, is an amorphous transparent polymer material with a cyclic olefin structure, widely used in optics, biomedicine, and packaging [1][2] Industry Overview - COC is produced using multiple monomers, while COP uses a single monomer, with both materials exhibiting excellent moisture resistance, chemical inertness, and temperature resistance [2] - The global COC/COP production capacity is expected to reach approximately 93,000 tons per year by 2024, an increase of 10,000 tons from 2021 [5][10] Market Demand - The global consumption of COC/COP is projected to be around 90,000 tons in 2024, with China being the largest consumer at approximately 30,000 tons, reflecting a year-on-year growth of about 15% [10] - The consumption structure in China indicates that optics will be the largest application field, accounting for 56.7% of total consumption, followed by packaging at 23.3% and medical applications at 13.3% [12] Production Capacity and Technology - The production process for COC/COP is complex, with only a few companies capable of large-scale production, predominantly in Japan, which holds a 95% share of global capacity [13] - Major players include Zeon Corporation, which accounts for 45% of global capacity, and Polyplastics, which holds nearly 40% [13] Domestic Market Dynamics - Historically, China's COC commercial production capacity has been non-existent, relying entirely on imports; however, domestic companies like Acolyte and Tuoxian Technology are making significant advancements in R&D and investment [13][14] - By 2030, China's COC/COP production capacity is expected to exceed 30,000 tons per year, driven by domestic technological advancements and increased investment [13] Future Trends - China's COC/COP consumption is anticipated to grow to 60,000 tons by 2030, with a consumption growth rate of approximately 12% from 2024 to 2030 [14] - The expansion of the optical field, along with the domestic shift in supply chains, is expected to enhance the localization of COC/COP production and improve overall industry competitiveness [14]

Group 1 - The company has confirmed that its COC (Cyclic Olefin Copolymer) products have entered formal production as of the end of June 2025, with a small quantity of products already shipped [2] - The company currently offers three models of its COC products [2] - The inquiry from investors highlights the potential for the company's COC/COP materials to replace those from established competitors, such as Japan's four major manufacturers [2]

Group 1 - The core viewpoint of the article is that Akole (603722.SH) is currently conducting comprehensive testing of its COC products across multiple downstream sectors [1] Group 2 - The company has engaged in investor interaction to provide updates on its product testing initiatives [1] - The focus on multiple downstream fields indicates a strategic approach to market penetration and product validation [1]

Core Viewpoint - The company Akolai (603722.SH) has announced that its COC products will officially enter production by the end of June 2025, with a small quantity of products already shipped [1] Group 1 - The COC products currently have three different models available [1]

Core Viewpoint - The majority of domestic COC products are still produced by Japanese companies, indicating a significant market presence and competition from Japan in the COC sector [1] Company Summary - Akolai (603722.SH) is one of the few companies in China capable of mass-producing COC products [1] - The company currently offers three models of COC products, which are undergoing comprehensive testing across multiple downstream sectors [1] - There has been a limited amount of product shipments from the company [1]

Core Viewpoint - The majority of domestic COC products are still produced by Japanese companies, indicating a significant market presence and competition from Japan in the COC sector [1] Company Summary - Akolai (603722.SH) is one of the few companies in China capable of mass-producing COC products [1] - The company currently offers three models of COC products, which are undergoing comprehensive testing across multiple downstream sectors [1] - There has been a small amount of product shipment from Akolai, suggesting initial market entry and potential growth opportunities [1]

Core Points - The Shanghai Composite Index is at 3945.15 points, above the annual line, with a slight increase of 0.14% [1] - A total trading volume of A-shares reached 1,424.57 billion yuan today [1] - 19 A-shares have surpassed the annual line, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The stocks with the highest deviation rates include: - Yaguang Technology (15.71%) - Yike Food (7.08%) - Dongfang Ocean (5.58%) [1] - Other stocks that have just crossed the annual line with smaller deviation rates include: - Luban Chemical - Dongfang Carbon - Zhongbai Group [1] Trading Data - The trading performance of selected stocks includes: - Yaguang Technology: +19.93% with a turnover rate of 24.42% - Yike Food: +7.60% with a turnover rate of 3.45% - Dongfang Ocean: +9.96% with a turnover rate of 13.34% [1] - The annual line prices and latest prices for these stocks are also provided, indicating their current market positions [1]

Core Viewpoint - Acolyte's stock price has experienced fluctuations, with a year-to-date decline of 2.51% and a recent drop of 4.27% over the past five trading days, indicating potential challenges in market performance [1][2]. Group 1: Stock Performance - As of November 18, Acolyte's stock price was 40.85 CNY per share, with a market capitalization of 3.992 billion CNY [1]. - The stock has seen a net outflow of 3.7747 million CNY in principal funds, with large orders accounting for 12.75% of total purchases and 23.03% of total sales [1]. - Year-to-date, Acolyte has appeared on the trading leaderboard once, with a net buy of -28.4996 million CNY on September 1 [1]. Group 2: Financial Performance - For the period from January to September 2025, Acolyte reported operating revenue of 337 million CNY, a year-on-year decrease of 7.46%, and a net profit attributable to shareholders of -16.3922 million CNY, a decline of 141.59% [2]. - Cumulatively, Acolyte has distributed 198 million CNY in dividends since its A-share listing, with 53.5388 million CNY distributed over the past three years [3]. Group 3: Company Overview - Acolyte, established on July 8, 1999, and listed on October 25, 2017, is located in Wuxi, Jiangsu Province, focusing on the research, production, and sales of chemical new materials, including polyether amines and specialty epoxy resins [1]. - The company's main business revenue composition includes 59.70% from fatty amines and 40.01% from optical materials [1].

Core Points - Acolyte's stock price decreased by 2.03% on November 14, trading at 41.95 CNY per share with a market capitalization of 4.099 billion CNY [1] - The company has seen a year-to-date stock price increase of 0.12%, with a 5-day increase of 5.11% and a 20-day increase of 5.80%, but a 60-day decline of 6.78% [1] - Acolyte's main business includes the research, production, and sales of chemical new materials, with revenue composition of 59.70% from fatty amines and 40.01% from optical materials [1] Financial Performance - For the period from January to September 2025, Acolyte reported revenue of 337 million CNY, a year-on-year decrease of 7.46%, and a net profit attributable to shareholders of -16.39 million CNY, a decrease of 141.59% [2] - The company has distributed a total of 198 million CNY in dividends since its A-share listing, with 53.54 million CNY distributed over the last three years [3] Shareholder Information - As of September 30, Acolyte had 8,766 shareholders, an increase of 46.74% from the previous period, while the average number of circulating shares per person decreased by 31.85% to 10,917 shares [2]