证券代码：688203 证券简称：海正生材 公告编号：2025-33 浙江海正生物材料股份有限公司 股票交易异常波动公告 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 浙江海正生物材料股份有限公司（以下简称"公司"或"本公司"）股 票交易连续三个交易日内（2025 年 6 月 12 日、2025 年 6 月 13 日、2025 年 6 月 16 日）收盘价格涨幅偏离值累计超过 30%，根据《上海证券交易所交易规则》 《上海证券交易所科创板股票异常交易实时监控细则》的有关规定，属于股票交 易异常波动情形。 ● 经公司自查，并向公司控股股东和实际控制人发函查证，截至 2025 年 6 月 16 日，公司、控股股东、实际控制人不存在影响公司股票交易异常波动的重 大事项，亦不存在其他应披露而未披露的重大信息。 ● 截至 2025 年 6 月 16 日，公司收盘价为 15.54 元/股，根据中证指数有限 公司发布的数据，公司最新滚动市盈率为 91.04 倍，公司所处的化学纤维制造业 最近一个月平均滚动市盈率为 ...

浙江海正生物材料股份有限公司 股票交易异常波动公告 证券代码：688203 证券简称：海正生材 公告编号：2025-33 经公司自查，公司目前日常经营情况正常，未发生重大变化，市场环境、行 业政策未发生重大调整。 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 浙江海正生物材料股份有限公司（以下简称"公司"或"本公司"）股 票交易连续三个交易日内（2025 年 6 月 12 日、2025 年 6 月 13 日、2025 年 6 月 16 日）收盘价格涨幅偏离值累计超过 30%，根据《上海证券交易所交易规则》 《上海证券交易所科创板股票异常交易实时监控细则》的有关规定，属于股票交 易异常波动情形。 ● 经公司自查，并向公司控股股东和实际控制人发函查证，截至 2025 年 6 月 16 日，公司、控股股东、实际控制人不存在影响公司股票交易异常波动的重 大事项，亦不存在其他应披露而未披露的重大信息。 ● 截至 2025 年 6 月 16 日，公司收盘价为 15.54 元/股，根据中证指数有限 公司发布的数据， ...

证券代码：688203 证券简称：海正生材 公告编号：2025-32 浙江海正生物材料股份有限公司 持股 5%以上股东权益变动触及 1%刻度暨减持股份 结果公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律 责任。 重要内容提示： 大股东持股的基本情况 浙江海正生物材料股份有限公司（以下简称"公司"或"海正生材"）持股 5%以上股东中国石化集团资本有限公司（以下简称"中石化资本"）持有公司股 份 15,686,274 股，占公司总股本的 7.74%。上述股份为公司首次公开发行前取 得的股份，并已于 2024 年 2 月 19 日起上市流通。 1 公司于 2025 年 6 月 13 日收到股东中石化资本出具的《股份减持告知函》， 截至 2025 年 6 月 13 日，股东中石化资本已通过集中竞价交易方式累计减持公司 股份 2,026,780 股，占公司总股本的 1%，本次减持计划已实施完毕。 本次权益变动情况 本次权益变动为中石化资本履行此前披露的减持股份计划所致，不触及要约 收购。本次权益变动不会导致公司控股股东、实 ...

关于股票交易异常波动问询函的回函 > 浙江海正生物材料股份有限公司: 台州市椒江区国有资 在本次股票交易异常波动期间，本公司不存在买卖你公司股票的情形。 特此回函! 本公司已于 2025 年 6 月 16 日收到贵公司发来的《浙江海正生物材料股份有 限公司关于股票交易异常波动的问询函》，经认真自查，现回复如下： 本公司为浙江海正生物材料股份有限公司(以下简称"上市公司")的实际控 制人,截至目前,不存在《上海证券交易所科创板股票上市规则》等有关规定涉 及的应披露而未披露的事项,不存在上市公司应披露而未披露的重大信息或可能 对上市公司股票价格产生较大影响的事项，包括但不限于并购重组、股份发行、 债务重组、业务重组、资产剥离和资产注入等重大事项。 ...

本公司为浙江海正生物材料股份有限公司(以下简称"上市公司")的控股股 东,截至目前,不存在《上海证券交易所科创板股票上市规则》等有关规定涉及 的应披露而未披露的事项,不存在上市公司应披露而未披露的重大信息或可能对 上市公司股票价格产生较大影响的事项,包括但不限于并购重组、股份发行、债 务重组、业务重组、资产剥离和资产注入等重大事项。 关于股票交易异常波动问询函的回函 > 在本次股票交易异常波动期间,本公司不存在买卖你公司股票的情形。 特此回函! 浙江 浙江海正生物材料股份有限公司: 本公司已于 2025 年 6 月 16 日收到贵公司发来的《浙江海正生物材料股份有 限公司关于股票交易异常波动的问询函》，经认真自查，现回复如下: ...

IP经济热度持续火爆，带动 3D打印概念活跃，午后 海正生材20CM涨停，此前 金橙子20CM涨停， 爱 司凯、 科翔股份涨超10%， 思看科技、 金运激光、 长江材料、 金太阳等涨幅靠前。消息面上， LABUBU的热度居高不下，一些直呼"根本抢不到"的消费者开始将目光放到了3D打印上。在 MakerWorld、THANGS、Thingiverse等国内3D打印网络社区上，均出现了大量LABUBU相关的3D打印 模型。 ...

Investment Rating - The report maintains a recommendation for the chemical industry, particularly focusing on new materials, indicating a positive outlook for investment opportunities in this sector [1]. Core Insights - The report highlights a recovery in prices for chemical products, driven by a recent easing of tariffs in the US-China trade war, which has led to increased foreign trade inquiries and shipping prices [8]. - The chemical industry is currently experiencing a dual bottom in profitability and valuation, with a projected ROE-PB of 6.19% and 1.77 for 2024, and a recovery to 7.55% and 1.85 in Q1 2025 [8]. - The report emphasizes the importance of domestic production capabilities in new materials, particularly in light of the ongoing trade tensions and the need for self-sufficiency [9]. - The new materials sector has shown strong performance, outpacing the broader market indices, with a weekly change of 1.98% compared to a decline in major indices [10]. Industry Updates - The report notes that the new materials sector is expected to benefit from a shift towards domestic production and the reduction of import dependencies, particularly in critical areas [9]. - The report identifies specific new materials with high growth potential, including ETO, nucleating agents, aramid paper, PI films, industrial coatings, and ion exchange resins [9]. - The report also mentions the investigation into DuPont China by the National Market Supervision Administration, which could create opportunities for domestic companies in the same sector [11]. Trading Data - The Huachuang Chemical Industry Index stands at 75.23, reflecting a decrease of 1.08% week-on-week and a year-on-year decline of 24.76% [18]. - The report provides detailed statistics on price changes for various materials, indicating a mixed performance with some materials like SAF Europe FOB prices increasing by 3.00% while high-purity hydrogen saw a decrease of 10.00% [19][22]. New Materials Subsector Tracking - The report tracks various subsectors within new materials, including advancements in battery safety standards, which are set to be enforced in 2026, potentially impacting the materials used in electric vehicle batteries [12]. - The report highlights the growth in the smartphone market, with a 3.3% year-on-year increase in shipments, benefiting the consumer electronics materials sector [13]. - The report discusses funding initiatives in Shenzhen aimed at supporting AI terminal technology, which may influence the materials used in smart devices [14].

Core Points - The total margin financing balance of the Sci-Tech Innovation Board decreased by 7.30 billion yuan compared to the previous trading day, while the margin short selling balance decreased by 3.50 million yuan [1] - As of June 13, the total margin balance reached 154.51 billion yuan, with financing balance at 153.97 billion yuan and short selling balance at 0.0534 billion yuan [1] - A total of 245 stocks saw an increase in financing balance, while 80 stocks experienced an increase in short selling balance [1] Financing Balance Summary - The stock with the highest financing balance is SMIC, with a balance of 7.28 billion yuan, followed by Cambrian and Haiguang Information with balances of 4.18 billion yuan and 3.65 billion yuan respectively [1] - Significant increases in financing balance were observed in Jin Chengzi, Hai Zheng Sheng Cai, and Jing Pin Te Zhuang, with increases of 60.15%, 55.61%, and 27.58% respectively [1] - The stocks with the largest decreases in financing balance included Jingjin Electric, Kejie Intelligent, and Bei Qingsong, with decreases of 21.80%, 21.32%, and 15.39% respectively [1] Short Selling Balance Summary - The stock with the highest short selling balance is Haiguang Information at 0.16 billion yuan, followed by Cambrian and SMIC, both at 0.15 billion yuan [2] - A total of 80 stocks saw an increase in short selling balance, while 183 stocks experienced a decrease [2] - The largest increases in short selling balance were seen in Anheng Information, Tianzhihang, and Foxit Software, with increases of 347.79%, 126.65%, and 102.29% respectively [2] - The stocks with the largest decreases in short selling balance included Aolaide, KQ Biology, and Jiayuan Technology, with decreases of 100.00%, 85.69%, and 42.72% respectively [2]

Core Insights - LABUBU, a core IP under Pop Mart, has become a phenomenon in the collectible toy market, with significant demand leading to sold-out events globally, particularly in South Korea and the UK [1][10][12] - The surge in popularity has raised safety concerns, prompting Pop Mart to temporarily halt sales of LABUBU products in both South Korea and the UK due to potential safety risks at crowded sales events [10][12] - The brand's strategy of creating limited edition products has led to a speculative market, with some experts warning that this could result in a financial bubble [17][21] Sales and Market Performance - Pop Mart's LABUBU series has seen explosive sales, with reports of long queues and even altercations among customers in various locations [1][11][19] - The company's overseas revenue increased dramatically from 1.066 billion RMB to 5.07 billion RMB, a growth of 375.2% from 2023 to 2024 [25] - LABUBU's popularity has also positively impacted related industries, such as 3D printing, with a notable increase in stock prices for companies involved in this sector [29][32] Brand Value and IP Strategy - Pop Mart's brand value rose significantly, reaching 10.344 billion RMB in 2025, up from 5.091 billion RMB in 2024, reflecting a 103.2% increase [22][23] - The company operates a unique IP model, treating each product line as an individual brand, akin to managing artists in a talent agency [24][26] - Pop Mart's approach to IP development is distinct from traditional models, focusing on product-first strategies that leverage social media and digital marketing [24][26] Consumer Behavior and Market Trends - The appeal of LABUBU is linked to emotional engagement and the desire for unique collectibles among younger consumers, particularly Generation Z [19] - The phenomenon of LABUBU has led to a rise in 3D printing models, as consumers seek alternatives to purchasing the physical toys [27] - The brand's success is attributed to its ability to resonate with cultural trends and consumer desires, positioning itself as a leader in the collectible toy market [26]

Core Viewpoint - The popularity of LABUBU has surged, leading to increased interest in 3D printing and benefiting related companies in the PLA (polylactic acid) industry, particularly Haizheng Biomaterials [1][4]. Group 1: LABUBU Popularity and Market Impact - LABUBU has become a trending item, with consumers expressing frustration over its scarcity, prompting interest in 3D printing alternatives [1]. - The LABUBU 3D printing topic has garnered over 660,000 views on social media, indicating significant consumer engagement [2]. - Haizheng Biomaterials' stock price rose by 10.11% and 13.20% on June 12 and 13, respectively, due to the increased demand for PLA materials linked to LABUBU [1][4]. Group 2: 3D Printing Costs and Consumer Behavior - The cost of 3D printing a LABUBU figure is minimal, with material costs for a 13.4 cm model estimated at around 3 yuan [3]. - Users have uploaded 674 LABUBU models on MakerWorld, with the most popular model nearing 20,000 downloads [2]. Group 3: Haizheng Biomaterials Company Overview - Haizheng Biomaterials, established in 2004 and listed in 2022, is a leading company in the PLA sector, focusing on R&D, production, and sales [4]. - The company expects a 25.70% increase in PLA resin sales in 2024, reaching a historical high, while maintaining the largest market share in China [4]. - Despite challenges in traditional markets, the 3D printing segment is experiencing rapid growth, with a projected 180% increase in sales for 2024 [5].