9月10日，松井股份跌5.06%，截至发稿，报41.82元/股，成交1.35亿元，换手率2.03%，总市值65.42亿 元。 南方专精特新混合A（014189）基金经理为罗安安、雷嘉源。 截至发稿，罗安安累计任职时间10年66天，现任基金资产总规模42.25亿元，任职期间最佳基金回报 204.05%， 任职期间最差基金回报-20.95%。 雷嘉源累计任职时间5年22天，现任基金资产总规模16.31亿元，任职期间最佳基金回报82.14%， 任职 期间最差基金回报-7.85%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 资料显示，松井新材料集团股份有限公司位于湖南宁乡经济技术开发区三环北路777号，成立日期2009 年3月20日，上市日期2020年6月9日，公司主营业务涉及以3C行业中的高端消费类电子和乘用汽车等高 端消费品领域为目标市场,通过"交互式"自主研发、"定制化柔性制造"的模式,为客户提供涂料、特种油 墨等多类别系统化解决方案。主营业务收入构成为：涂料90.9 ...

Group 1 - The core viewpoint of the news is that Matsui New Materials Group Co., Ltd. has experienced fluctuations in stock price and financial performance, with a notable increase in stock price year-to-date but a significant decline in net profit for the first half of 2025 [1][2]. - As of September 10, Matsui's stock price was 43.10 CNY per share, with a market capitalization of 6.742 billion CNY. The stock has increased by 54.41% year-to-date and 6.71% over the past five trading days [1]. - The company's main business revenue composition includes coatings (90.98%), inks (4.97%), and adhesives and others (4.05%), focusing on high-end consumer electronics and automotive sectors [1]. Group 2 - As of June 30, the number of shareholders for Matsui was 3,175, an increase of 5.03% from the previous period, while the average circulating shares per person decreased by 4.79% to 35,192 shares [2]. - For the first half of 2025, Matsui reported operating revenue of 348 million CNY, a year-on-year increase of 7.48%, but the net profit attributable to shareholders decreased by 69.84% to 12.2795 million CNY [2]. - The company has distributed a total of 131 million CNY in dividends since its A-share listing, with 75.1715 million CNY distributed over the past three years [3].

分红方面，松井股份A股上市后累计派现1.31亿元。近三年，累计派现7517.15万元。 松井股份所属申万行业为：基础化工-化学制品-涂料油墨。所属概念板块包括：小盘、专精特新、低空 经济、汽车零部件、光刻胶等。 截至6月30日，松井股份股东户数3175.00，较上期增加5.03%；人均流通股35192股，较上期减少 4.79%。2025年1月-6月，松井股份实现营业收入3.48亿元，同比增长7.48%；归母净利润1227.95万元， 同比减少69.84%。 资金流向方面，主力资金净流出579.79万元，特大单买入0.00元，占比0.00%，卖出382.64万元，占比 6.91%；大单买入1294.44万元，占比23.38%，卖出1491.59万元，占比26.95%。 松井股份今年以来股价涨59.14%，近5个交易日涨10.06%，近20日涨1.69%，近60日涨57.37%。 资料显示，松井新材料集团股份有限公司位于湖南宁乡经济技术开发区三环北路777号，成立日期2009 年3月20日，上市日期2020年6月9日，公司主营业务涉及以3C行业中的高端消费类电子和乘用汽车等高 端消费品领域为目标市场,通过"交互式 ...

机构评级来看，近5日共有3家机构给予该股评级，预计目标价最高的是华创证券，9月3日华创证券发布 的研报预计公司目标价为43.50元。（数据宝） 9月8日松井股份大宗交易一览 | 成交量 | 成交金额 | 成交价 | 相对当日收盘折 | | | | --- | --- | --- | --- | --- | --- | | （万 | （万元） | 格 | 溢价（%） | 买方营业部 | 卖方营业部 | | 股） | | （元） | | | | | 20.60 | 697.93 | 33.88 | -25.26 | 申万宏源证券有限公司长沙 | 德邦证券股份有限 | | | | | | 芙蓉中路证券营业部 | 公司湖南分公司 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 松井股份9月8日大宗交易平台出现一笔成交，成交量20.60万股，成交金额697.93万元，大宗交易成交价 为33.88元，相对今日收盘价折价25.26%。该笔交易的买方营业部为申万宏源证券有限公司长沙芙蓉中 路证券营业部，卖方营业部为德邦证券股份有限公司湖南分公司。 证券时报·数据宝统计显示，松井股份 ...

| 025-09-08 | 松井腔份 | 688157 | 33.88 697.93 | 20.6 | 申万宏源证券有限 公司长沙美营中路 bear cases come of the may | 德邦证券股份有限 公司湖南分公司 | ко | | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券商标 | 证券代码 | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | | 美出营业部 | 是否为专场 | 9月8日，松井股份大宗交易成交20.6万股，成交额697.93万元，占当日总成交额的2.97%，成交价33.88 元，较市场收盘价45.33元折价25.26%。 ...

2025 年 09 月 08 日 乘用车涂料业务高增，多维布局构建增长新动能 —松井股份（688157.SH）公司事件点评报告 买入(维持) 事件 松井股份发布 2025 年半年度业绩报告：2025 年公司上半年 实现营业总收入 3.48 亿元，同比增长 7.48%；实现归母净利 润 0.12 亿元，同比下降 69.84%。其中，公司 2025Q2 单季度 实现营业收入 1.94 亿元，同比增长 3.35%，环比增长 26.97%；实现归母净利润 0.08 亿元，同比下降 70.40%，环 比增长 122.72%。 投资要点 ▌乘用车涂料业务营收翻倍增长，盈利能力承压 松井股份是国内少数在细分领域具备与国际品牌直接竞争能 力并成功实现产品国产化替代的企业之一。2025 年上半年， 公司乘用车领域业务表现尤为突出，实现营业收入 0.98 亿 元，同比增长 109.6%，占整体营业收入比重较上年同期提升 13.71 个百分点，达到 28.15%。在主业高端消费电子领域， 公司上半年实现营业收入 2.44 亿元。公司产品体系主要包括 涂料、油墨和胶粘剂三大类别。报告期内，受产品结构与客 户结构调整影响，三大类产品的 ...

Group 1 - Matsui New Materials Group Co., Ltd. is located in Ningxiang Economic and Technological Development Zone, Hunan, and was established on March 20, 2009, with its listing date on June 9, 2020 [1] - The company focuses on high-end consumer electronics and passenger vehicles in the 3C industry, providing systematic solutions such as coatings and specialty inks through interactive R&D and customized flexible manufacturing [1] - The revenue composition of the company is as follows: coatings account for 90.98%, inks for 4.97%, and adhesives and others for 4.05% [1] Group 2 - Southern Fund's Southern Specialized and New Mixed A Fund (014189) holds 193,800 shares of Matsui, representing 4.05% of the fund's net value, making it the third-largest holding [2] - The fund has achieved a year-to-date return of 28.08% and a one-year return of 54.45%, ranking 2453 out of 8248 and 2086 out of 8051 respectively [2] Group 3 - The fund manager, Luo An'an, has a tenure of 10 years and 64 days, with a total asset scale of 4.225 billion, achieving a best return of 204.05% during his tenure [3] - Co-manager Lei Jiayuan has a tenure of 5 years and 20 days, managing assets of 1.631 billion, with a best return of 77.17% during his tenure [3]

Company Overview - Matsui New Materials Group Co., Ltd. is located in Ningxiang Economic and Technological Development Zone, Hunan, established on March 20, 2009, and listed on June 9, 2020 [1] - The company focuses on high-end consumer electronics and passenger vehicles, providing systematic solutions including coatings and specialty inks through interactive R&D and customized flexible manufacturing [1] - The main business revenue composition includes coatings (90.98%), inks (4.97%), and adhesives and others (4.05%) [1] Financial Performance - As of June 30, the number of shareholders increased by 5.03% to 3,175, while the average circulating shares per person decreased by 4.79% to 35,192 shares [2] - For the first half of 2025, the company achieved operating revenue of 348 million yuan, a year-on-year increase of 7.48%, while the net profit attributable to shareholders decreased by 69.84% to 12.28 million yuan [2] Stock Performance - On September 8, Matsui's stock price increased by 2.20% to 43.15 yuan per share, with a total market value of 6.75 billion yuan [1] - Year-to-date, the stock price has risen by 54.59%, with a 2.96% increase over the last five trading days, 4.89% over the last 20 days, and 53.06% over the last 60 days [1] - The net outflow of main funds was 1.07 million yuan, with large orders buying 6.71 million yuan (19.37%) and selling 9.49 million yuan (27.40%) [1] Dividend Information - Since its A-share listing, Matsui has distributed a total of 131 million yuan in dividends, with 75.17 million yuan distributed over the past three years [3]

Market Performance - The low-altitude economy sector increased by 2.37% on September 5, with Aerospace Hongtu leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Stock Highlights - Aerospace Hongtu (688066) closed at 36.28, up 15.17% with a trading volume of 515,900 shares and a transaction value of 1.79 billion [1] - Fenghua Hi-Tech (000636) closed at 15.57, up 10.04% with a trading volume of 695,000 shares and a transaction value of 1.05 billion [1] - Wolong Electric Drive (600580) closed at 38.50, up 10.00% with a trading volume of 2,853,200 shares and a transaction value of 10.43 billion [1] - Other notable stocks include Songjing Co. (688157) up 9.38%, Yingliu Co. (603308) up 9.23%, and Longsheng Technology (300680) up 8.50% [1] Capital Flow - The low-altitude economy sector saw a net inflow of 1.633 billion in main funds, while retail funds experienced a net outflow of 499 million [2][3] - Major stocks like Wolong Electric Drive and Fenghua Hi-Tech attracted significant main fund inflows, while retail investors showed net outflows [3]

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Views - The company reported a revenue of 350 million yuan for the first half of 2025, representing a year-on-year increase of 7.5%, while the net profit attributable to shareholders was 12 million yuan, down 69.8% year-on-year [2][5]. - In Q2 2025, the company achieved a revenue of 190 million yuan, which is a 3.3% increase year-on-year and a 27.0% increase quarter-on-quarter. The net profit attributable to shareholders for the same period was 8 million yuan, down 70.4% year-on-year but up 122.7% quarter-on-quarter [2][5]. Summary by Sections Company Overview - The company focuses on high-end consumer electronics and passenger vehicles, providing a range of systematic solutions including coatings, inks, and adhesives through its proprietary "interactive" R&D and "customized flexible manufacturing" model [10]. Financial Performance - In Q2 2025, the company generated 130 million yuan in revenue from the high-end consumer electronics sector, a year-on-year decrease of 17.8% but a quarter-on-quarter increase of 16.4%. The passenger vehicle sector saw a revenue increase of 136.0% year-on-year and 57.7% quarter-on-quarter, reaching 60 million yuan [10]. - The ink business experienced a revenue growth of 107.2% year-on-year in the first half of 2025 [10]. Market Position and Future Outlook - The company is positioned as a leading domestic high-end 3C coating manufacturer and is actively expanding into the automotive coating market, benefiting from the rapid development of new energy vehicles. It is expected to achieve net profits of 70 million, 120 million, and 200 million yuan for the years 2025, 2026, and 2027 respectively [10].