Core Viewpoint - The company plans to adjust its product structure and focus on high value-added products in its traditional segments, such as copper and tin, to enhance profitability and performance [1] Group 1: Traditional Segments - The copper segment will focus on developing high-margin products like heat dissipation copper powder, composite copper powder, and low-density copper powder [1] - The tin segment aims to produce high-end tin powder and fine powder as part of its strategy to increase product gross margins [1] Group 2: New Growth Areas - The additive manufacturing segment is expected to be a major growth driver, with capacity ramp-up linked to the establishment of a 3D printing powder material production base [1] - The electronic slurry segment is currently in the customer sample verification phase, focusing on the development of new products such as ultrafine nickel powder, ultrafine copper powder, ultrafine silver powder, and silver-coated copper powder to meet the needs of leading downstream customers [1]

证券日报网1月7日讯，有研粉材在接受调研者提问时表示，当前3D打印市场热度依旧高涨，未来仍具 备较大的潜在发展空间。有研增材公司目前产能饱和，订单充足，增材山东基地建设在顺利推进中，预 计2026年10月份完成土建施工，11月份启动设备调试工作。该基地建成后所生产的效益预计将自2027年 起逐步释放。 ...

Core Viewpoint - The company has developed CuCrZr powder materials primarily used in the defense and military sectors, highlighting its competitive advantages such as low oxygen content and stable performance [1]. Group 1 - The CuCrZr powder product is characterized by low oxygen content and stable performance [1]. - The primary applications of the CuCrZr powder are in the defense and military fields [1]. - The company has confirmed that the product is undergoing customer mass production certification [1].

长江证券承销保荐有限公司 关于有研粉末新材料股份有限公司 募投项目结项并将节余募集资金永久补充流动资金的核查 意见 长江证券承销保荐有限公司（以下简称"长江保荐"或"保荐机构"）作为 有研粉末新材料股份有限公司（以下简称"有研粉材"或"公司"）首次公开发 行股票并在科创板上市的保荐机构，根据《中华人民共和国公司法》《中华人民 共和国证券法》《上海证券交易所科创板股票上市规则》《上海证券交易所科创板 上市公司自律监管指引第 1 号——规范运作》《上市公司募集资金监管规则》《科 创板上市公司持续监管办法》等法律、行政法规、部门规章及业务规则，就有研 粉材募投项目结项并将节余募集资金永久补充流动资金事项进行了审慎核查，并 出具核查意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会（以下简称"中国证监会"）出具的《关于同 意有研粉末新材料股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕 251 号），公司获准向社会公开发行人民币普通股 3,000 万股，每股面值人民币 1.00 元，每股发行价为人民币 10.62 元，合计募集资金人民币 318,600,000 元， 扣除发行费用人民币 34, ...

Core Viewpoint - The company has developed a self-researched copper-chromium-zirconium (CuCrZr) powder, which is claimed to be the largest additive manufacturing product of its kind in China, measuring 600mm in diameter and 850mm in height, and does not involve any monopoly issues [1] Group 1 - The company’s CuCrZr powder is a self-researched product [1] - The product is reported to be the largest overall additive manufacturing CuCrZr body product publicly documented [1] - The company asserts that its CuCrZr material is the only one of its kind in China [1]

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。 有研粉末新材料股份有限公司（以下简称公司）于 2025 年 12 月 31 日召开 了公司第三届董事会第十次临时会议，审议通过了《关于募投项目结项并将节余 募集资金永久补充流动资金的议案》，同意公司募投项目"有研粉末科技创新中 心建设项目"结项并将节余募集资金用于永久补充流动资金。保荐机构长江证券 承销保荐有限公司（以下简称保荐机构）对该事项出具了无异议的核查意见。该 事项无需提交股东会审议。现将有关事项公告如下： 一、募集资金基本情况 根据中国证券监督管理委员会（以下简称中国证监会）出具的《关于同意有 研粉末新材料股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕 251 号），公司获准向社会公开发行人民币普通股 3,000 万股，每股面值人民币 1.00 元，每股发行价为人民币 10.62 元，合计募集资金人民币 318,600,000 元， 扣除发行费用人民币 34,664,220.14 元（不含税），募集资金净额为人民币 283,935,779.86 元。 ...

Core Viewpoint - The company has approved the completion of the fundraising project and plans to permanently supplement its working capital with the remaining funds [1] Group 1: Project Completion - The company held the 10th temporary meeting of the third board on December 31, 2025, to review the completion of the fundraising project [1] - The project "Research and Development Center for Powder Materials" has reached the predetermined usable status [1] Group 2: Financial Details - A total of 58.76 million yuan has been invested in the fundraising project as of December 18, 2025 [1] - The expected remaining funds amount to 38.02 million yuan, including interest income [1] Group 3: Fund Utilization - The company intends to use the remaining funds for daily production and operational activities [1] - After transferring the remaining funds, the company will cancel the related fundraising account [1]

中国卫星、信科移动、有研粉材盘中创新高，中超控股3连板，雷科防务、宏英智能2连板，航天发展、 信维通信、天银机电、睿创微纳跟涨。 中国卫星、信科移动、有研粉材盘中创新高，中超控股3连板，雷科防务、宏英智能2连板，航天发展、 信维通信、天银机电、睿创微纳跟涨。 (本文来自第一财经) (本文来自第一财经) ...

格隆汇12月30日｜A股商业航天概念股继续强势，其中，雷科防务(2连板)、华菱线缆、中超控股(3连板)、 大业股份(5连板)、中国卫通涨停，中天火箭、硕贝德涨超9%，航天发展涨超8%，有研粉材、中国卫星、 信维通信、中航重机涨超7%，沃格光电、中集集团涨超6%。 2025年末，中国商业航天以一系列密集动态展现出强劲的发展势头。12月23日，长征十二号甲遥一运载火 箭在东风商业航天创新试验区发射升空，这款我国第二款首飞即尝试回收的液氧甲烷火箭成功入轨，虽未 实现一子级回收，但为可回收技术积累了宝贵数据。三天后，长征八号甲火箭在海南商业航天发射场取得 其本年度的第六次成功发射。这些事件标志着中国商业航天已进入高频率发射与系统化突破的新时期。 行业数据印证了这一趋势。据第三届商业航天发展大会发布的《中国商业航天产业发展报告(2025)》， 2025年截至11月，全球平均每月发射超过26次，全球航天进入"周更发射时代"。其中，中国2025年已进行 87次(成功84次)发射，民营商业火箭企业执行23次发射任务，入轨航天器324颗。 MACD金叉信号形成，这些股涨势不错！ 《报告》显示，中国的商业航天产业规模已达到2.5 ...

Group 1 - The A-share commercial aerospace concept stocks continue to show strong performance, with several companies experiencing significant price increases, including LeiKe Defense, Hualing Cable, and Zhongchao Holdings, among others [1] - Notable stock performances include LeiKe Defense with a 10.03% increase and a market capitalization of 15 billion, and China Satellite with a 7.44% increase and a market capitalization of 111.8 billion [2] - The commercial aerospace sector is witnessing a surge in stock prices, with multiple companies achieving consecutive trading limits, indicating strong investor interest and confidence in the sector [1][2] Group 2 - The Chinese commercial aerospace industry is entering a new phase characterized by high-frequency launches and systematic breakthroughs, as evidenced by the successful launches of the Long March 12 and Long March 8 rockets [1] - According to the "China Commercial Aerospace Industry Development Report (2025)," the global average monthly launches have exceeded 26, with China conducting 87 launches (84 successful) in 2025, showcasing a significant increase in launch frequency [3] - The commercial aerospace industry in China has reached a scale of 2.5 to 2.8 trillion, with an annual compound growth rate exceeding 20%, and the number of commercial aerospace companies surpassing 600 [3]