格隆汇2月24日丨博迁新材(605376.SH)在互动平台表示，公司的镍粉产品主要应用于片式多层陶瓷电容 器（MLCC）的生产，并广泛应用到消费电子、汽车电子、AI硬件等领域。在AI硬件相关领域，AI技术 的发展推动相关设备在功耗、算力与集成度方面的要求持续提升，带动小型化、高容值MLCC的市场需 求不断增长。为实现更大电容量，当前MLCC行业正朝着超薄介电层方向持续发展，这一技术趋势直接 带动镍粉等关键原材料向更小粒径、更高性能方向升级。 ...

格隆汇2月24日丨博迁新材(605376.SH)在互动平台表示，公司的镍粉产品主要应用于片式多层陶瓷电容 器（MLCC）的生产，并广泛应用到消费电子、汽车电子、AI硬件等领域。在AI硬件相关领域，AI技术 的发展推动相关设备在功耗、算力与集成度方面的要求持续提升，带动小型化、高容值MLCC的市场需 求不断增长。为实现更大电容量，当前MLCC行业正朝着超薄介电层方向持续发展，这一技术趋势直接 带动镍粉等关键原材料向更小粒径、更高性能方向升级。 ...

责任编辑：小浪快报 02月24日消息，截止13:05，MLCC概念板块活跃，风华高科涨停，三环集团、达利凯普、国瓷材料、 洁美科技、博迁新材、宏达电子等个股涨幅居前。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 ...

‼博迁新材交流：铜粉扩产超预期，利润爆发在即 # 逻辑一：银包铜扩产超预期，下游龙头受友商压力开始改造，预计晶科39GW、天合10GW、晶澳全部产线将改 造银包铜！公司今年银包铜出货有望达60-80GW，对应利润3-4亿元。 展望TOPCON500GW空间，对应25亿利润，下游大客户全面对接，粉体大部分由博迁供应。 # 逻辑二：纯铜扩产加速，隆基改造速度加快 隆基产能 ‼博迁新材交流：铜粉扩产超预期，利润爆发在即 # 逻辑一：银包铜扩产超预期，下游龙头受友商压力开始改造，预计晶科39GW、天合10GW、晶澳全部产线将改 造银包铜！公司今年银包铜出货有望达60-80GW，对应利润3-4亿元。 展望TOPCON500GW空间，对应25亿利润，下游大客户全面对接，粉体大部分由博迁供应。 # 逻辑二：纯铜扩产加速，隆基改造速度加快 隆基产能预期全部改造。 博迁公司交流表态：下游需求有多大，尽量满足。 当前镍粉产能4800吨，折合中高端2300吨。 参考镍粉扩产速度，3-4个月可扩100条产线。 # 逻辑三：镍粉供不应求，涨价趋势确立，需求是供给的两倍，预期今年继续扩产。 稀土反制推动三星电机份额提升，AI服务器+车用 ...

关注【博迁新材】。 关注【博迁新材】。 市场普遍认为，铜浆只适用于BC技术，目前行业产能约70-80GW，而近期各家龙头对于非银浆料的导入规划，铜 粉的应用天花板将从70-80GW扩展至全行业装机500GW+，而公司作为国内几乎唯一具备大规模量产铜粉能力的企 业，将明显受益于此次行业去银化进程，市值天花板将充分打开。 市场普遍认为，铜浆只适用于BC技术，目前行业产能约70-80GW，而近期各家龙头对于非银浆料的导入规划，铜 粉的应用天花板将从70-80GW扩展至全行业装机500GW+，而公司作为国内几乎唯一具备大规模量产铜粉能力的企 业，将明显受益于此次行业去银化进程，市值天花板将充分打开。 ...

Core Viewpoint - The total margin financing and securities lending balance in A-shares decreased to 26,808.60 billion yuan, a reduction of 120.12 billion yuan from the previous trading day, representing 2.62% of the A-share circulating market value [1] Group 1: Margin Financing and Securities Lending - The margin financing and securities lending balance is 26,808.60 billion yuan, down by 120.12 billion yuan (-0.45%) from the previous day [2] - The trading volume for margin financing and securities lending was 1,993.51 billion yuan, a decrease of 260.13 billion yuan, accounting for 9.08% of the total A-share trading volume [1] Group 2: Industry and Stock Performance - Among the 31 primary industries, 9 industries experienced net financing inflows, with the public utilities sector leading with a net inflow of 3.86 billion yuan [2] - The coal, construction decoration, and basic chemicals industries also saw significant net financing inflows [2] - A total of 20 stocks had net financing inflows exceeding 1 billion yuan, with Zhongji Xuchuang leading at 9.44 billion yuan [2][3] - Other notable stocks with high net financing inflows include Hikvision, SMIC, Shiyun Circuit, Bosheng New Materials, China Railway, Shanxi Black Cat, Pingtan Development, China Satellite, and Dongshan Precision [2][3]

Core Insights - The MLCC industry is experiencing strong growth driven by demand from AI servers and automotive electronics [1] - The trend towards miniaturization, high capacitance, and high voltage MLCCs is being propelled by the increasing penetration of advanced driver assistance systems in the automotive sector [1] - In the AI server sector, the rising demand for computing power is leading to higher requirements for power and energy consumption metrics, resulting in increased usage of high-capacitance, high-temperature MLCCs [1] Industry Trends - The demand for MLCCs in electric vehicles is estimated to be around 20,000 to 30,000 units per vehicle, while AI servers require more than ten times the amount of MLCCs compared to standard servers [1] - According to statistics from Taiwan's largest passive component distributor, the NVL36 cabinet requires approximately 234,000 high-end MLCCs, and the NVL72 cabinet requires about 441,000 MLCCs [1] - This trend is reshaping the supply-demand dynamics of the MLCC industry and is driving strong demand for small particle size high-end powder materials [1]

Group 1 - The core viewpoint of the article highlights that the company's silver-coated copper powder products are primarily used in the preparation of low-temperature slurry for heterojunction (HJT) solar cells, with competitive advantages in cost and manufacturing process [1] - From a cost perspective, reducing silver consumption is a key direction for cost reduction in the photovoltaic industry, driven by the rising silver prices and the trend of replacing precious metals, aligning with the industry's demand for cost reduction [1] - The company employs a plasma heating condensation method (PVD) under atmospheric pressure to produce the copper core powder used in silver-coated copper powder, resulting in copper powder with good sphericity, which facilitates the uniform and dense coating of the silver layer [1]

Core Viewpoint - The demand for high-performance chip inductors is increasing due to the surge in AI computing power, leading to a rise in power consumption of core chips like GPUs and CPUs [1] Group 1: Company Insights - The company specializes in multi-alloy powders primarily used in the inductor field, producing sub-micron and micron-sized powders that enhance inductance permeability and product stability when combined with mainstream large particle powders [1] - The company's ultra-fine multi-alloy powders have been sent for evaluation to several inductor manufacturers, but large-scale application has not yet been realized due to cost constraints faced by downstream customers [1] - The revenue contribution from this business segment is currently small, but there is potential for market expansion as the performance requirements for inductor materials increase with the demand for high computing power [1]

证券日报网2月5日讯 ，博迁新材在接受调研者提问时表示，公司的主营业务为电子专用高端金属粉体 材料的研发、生产和销售。目前公司产品主要包括纳米级、亚微米级镍粉和亚微米级、微米级铜粉、银 粉、银包铜粉、合金粉。其中镍粉、铜粉主要应用于MLCC的生产，并广泛应用到消费电子、汽车电子 等领域；银包铜粉产品主要用于制作光伏领域异质结（HJT）电池用低温浆料。公司的下游客户主要为 MLCC 等电子元器件生产商以及各类浆料生产商。 （编辑 王雪儿） ...