天眼查资料显示，江苏双星彩塑新材料股份有限公司，成立于1997年，位于宿迁市，是一家以从事橡胶 和塑料制品业为主的企业。企业注册资本114742.8712万人民币。通过天眼查大数据分析，江苏双星彩 塑新材料股份有限公司共对外投资了2家企业，参与招投标项目84次，财产线索方面有商标信息26条， 专利信息378条，此外企业还拥有行政许可63个。责任编辑：栎树 金融界2025年5月15日消息，国家知识产权局信息显示，江苏双星彩塑新材料股份有限公司申请一项名 为"一种耐老化的PET薄膜及PET薄膜的耐老化工艺的制备方法"的专利，公开号CN119978503A，申请 日期为2025年2月。 专利摘要显示，本发明为一种耐老化的PET薄膜及PET薄膜的耐老化工艺的制备方法，包括PET层、耐 老化层以及胶黏层，其中耐老化层通过胶黏层设置在PET层上，其中耐老化层以三氟丙基三甲基环三硅 氧烷、八甲基环四硅氧烷、四甲基二氢二硅氧烷为原料，经开环缩聚、硅氢加成、水解共缩聚反应制 得；胶黏层以聚对苯二甲酸‑3‑甲基‑1，5‑戊二醇酯二醇、聚乙二醇为软段，异佛尔酮二异氰酸酯、一缩 二乙二醇、2，2‑二羟甲基丙酸为硬段制得。本发明中所制 ...

Core Viewpoint - The company is facing significant challenges due to a decline in stock price and industry competition, but it remains committed to long-term growth and innovation despite short-term fluctuations [2][3][23]. Group 1: Company Performance - The company reported a main revenue of 1.382 billion yuan in Q1 2025, a slight increase of 0.07% year-on-year [25]. - The net profit attributable to shareholders was -42.7699 million yuan, an improvement of 51.09% year-on-year [25]. - The gross margin for Q1 2025 was 3.86%, indicating a modest increase in profitability [25]. Group 2: Stock and Investment Strategies - The company has been exploring stock repurchase and shareholding increase strategies but has not yet implemented significant actions [2][3][4]. - The stock price has fallen significantly, currently trading far below net asset value, raising concerns among investors [2][3][13]. - The company is considering the impact of national policies on stock repurchase and is studying further actions [2][4][18]. Group 3: Industry Context - The BOPET industry is experiencing a concentrated release of production capacity, with an annual growth rate of over 20% in capacity release over the past three years [23]. - Despite the competitive landscape, the overall market demand in the industry is still growing at a rate of over 10% annually [23]. - The company is positioned as a leading player in the BOPET industry, focusing on innovation and market expansion to maintain its competitive edge [23]. Group 4: Product Development and Market Strategy - The company is actively developing new products, with 32 new product development and technology projects planned for the year [19][25]. - The MLCC release film is expected to reach a production capacity of 500 million square meters, contributing significantly to revenue [24]. - The company is also exploring strategic partnerships with leading battery manufacturers to enhance its market position [19][23].

Group 1: Company Performance and Stock Issues - The company's stock price has significantly declined, currently far below its net asset value, raising concerns about its investment value and the lack of action from major shareholders regarding buybacks and increases [1][2][29]. - The company has conducted multiple buybacks and is considering further actions, but specific plans are still under research [1][2][29]. - The company reported a gross margin of only 3.86% in Q1 2025, despite stable product prices, indicating challenges in profitability [2][3]. Group 2: Industry Competition and Market Dynamics - The BOPET industry is experiencing intense competition, with some new entrants engaging in price wars despite a self-regulatory declaration aimed at reducing internal competition [2][3]. - The company is positioned as a leading player in the BOPET market, with a comprehensive product range, but is currently facing short-term fluctuations due to industry capacity releases [2][3][4]. - The market demand for BOPET products is expected to grow at over 10% annually, driven by domestic replacements of imports and expanding applications [4][10]. Group 3: Product Development and Future Outlook - The company aims to achieve a production capacity of 500 million square meters for MLCC release films within the year, with a projected market value based on product structure [4][10]. - There are ongoing efforts to develop new products, with 32 new product and technology development projects planned for the year [8][10]. - The company is exploring strategic collaborations with leading battery manufacturers to enhance its market position [6][10]. Group 4: Financial Health and Management Responses - The company's asset-liability ratio was reported at 32.12% at the end of Q1 2025, indicating a healthy financial status despite recent challenges [10]. - Management emphasizes the need for maintaining operational stability and innovation to navigate the current market environment [10]. - The company is committed to improving investor relations and enhancing communication with stakeholders to rebuild confidence [5][10].

Overview - The plastic blown film machine is crucial for producing plastic films, with its performance directly affecting the quality and output of the films [1][11] - The market for plastic blown film machines in China has expanded significantly due to the growth in end markets such as packaging, healthcare, and agriculture, particularly since 2020 [1][11] - The production of small plastic machinery and blown film machines surged from 2020 to 2023, but has seen a rapid decline in the second half of 2023 due to a sharp decrease in overseas orders [1][11] Market Policy - Recent policies in China aim to promote high-quality development in light industry, encouraging the transformation and upgrading of the manufacturing sector towards smart, automated, and green technologies [4][6] - Key policies include guidelines for digital transformation, green low-carbon technologies, and support for large-scale equipment updates [4][6] Industry Chain - The upstream of the plastic blown film machine industry includes sectors like steel, non-ferrous metals, electronic components, and mechanical parts [7] - The midstream involves the research, development, and manufacturing of plastic blown film machines, while the downstream applications are widespread, particularly in packaging [7] Development Status - China's plastic film industry has rapidly developed, with a production volume of 16.95 million tons in 2023, showing a slight increase of 0.15% year-on-year, providing growth opportunities for the plastic blown film machine sector [9][11] - The production and demand for plastic blown film machines are projected to decline to 23,000 units and 18,000 units respectively in 2024, with the market size dropping to 10.49 billion yuan [1][11] Competitive Landscape - The plastic blown film machine industry in China is characterized by intense competition due to low technical barriers and significant product homogeneity in the mid-to-low-end market [13] - Major players like Dalian Rubber and Plastic Machinery Co., Guangdong Jinming Machinery Co., and Hubei Light Industry Machinery Co. dominate the high-end market due to their brand, technology, and scale advantages [13][14] Industry Representative Companies - Guangdong Jinming Machinery Co. is a leading manufacturer with a focus on R&D, design, production, and sales, exporting to over 50 countries, and generating a revenue of 474 million yuan in 2024, with 273 million yuan from blown film machines [15] - Hubei Light Industry Machinery Co. has decades of experience in producing plastic extrusion and blown film production line equipment, emphasizing low-carbon technology and customer service [17] Development Trends - The future of the blown film machine industry will see integration with IoT, big data, and AI technologies for real-time monitoring and optimization of production processes [19] - There will be a growing application of biodegradable plastics and new polymer materials, necessitating improvements in processing technology and equipment structure [19] - Chinese blown film machine companies are expected to enhance their international market presence by improving product quality and brand building [19]

4月22日晚间，全球聚酯薄膜龙头企业双星新材（002585.SZ）发布财报，报告显示，2024年，公司实现 营业收入59.08亿元，同比增长11.70%，增速显著高于行业平均水平；单四季度营业收入15.75亿元，同 比增长14.54%，表现出较好的增长态势。 2025年第一季度，公司实现营业收入13.82亿元，毛利率开始转正，净利润实现较大幅度减亏，业绩迎 来较大改善，在行业深度调整中彰显龙头韧性。 面对2024年全年新增80.5万吨产能冲击、普通膜价格跌破近五年低点的严峻形势，双星新材依托光学材 料、新能源材料等五大板块协同发力，以技术破局、以多元化布局有效抚平市场波动，为转型升级注入 强心剂。 产业链协同与技术创新是双星新材穿越周期的重要抓手。作为国内少数构建"原料-基材-膜片"全产业链 一体化布局的企业，公司自主研发的高性能纳米母粒、光学基材等核心技术打破海外垄断，并为MLCC 离型膜、偏光片保护膜等高端材料国产化以及新技术产品创新开发奠定基石。 目前，双星新材MLCC离型膜已成功导入三环集团供应链，并加速拓展国内外头部客户；复合集流体项 目在首单交付后快速推进产能建设，目前已具备量产条件，有望抢占新能 ...

营收增长但利润下滑，双星新材面临挑战 2025年4月22日，江苏双星彩塑新材料股份有限公司（以下简称"双星新材"）发布2024年年度报告。报 告期内，公司实现营业收入59.08亿元，同比增长11.70%；然而，归属于上市公司股东的净利润却为 -3.98亿元，较去年同期的 -1.68亿元大幅下降137.49%。此外，经营活动产生的现金流量净额为 -2.65亿 元，与去年同期的6.03亿元相比，减少了144.02%。这些数据表明，双星新材在营收增长的同时，面临 着利润下滑和现金流紧张的双重挑战。 营收增长源于市场拓展与产品结构优化 从业务板块来看，双星新材的光学材料膜、可变信息材料膜、热缩材料膜和聚酯功能膜等业务均实现了 不同程度的增长。其中，聚酯功能膜业务增长显著，营收达到20.71亿元，同比增长57.76%，主要得益 于新产线投产带来的产销量增加。公司积极拓展市场，出口业务销售收入达到11.97亿元，同比增长 44.62%，显示出公司在海外市场的竞争力有所提升。 净利润暴跌归因于行业竞争与成本压力 净利润的大幅下降主要受到行业产能集中释放、产品价格内卷以及周期性波动的影响。2024年， BOPET行业产能规模 ...

江苏双星彩塑新材料股份有限公司 截至 2024 年 12 月 31 日止募集资金 年度存放与使用情况的鉴证报告 专项鉴证报告 众会字（2025）第 03399 号 江苏双星彩塑新材料股份有限公司全体股东： 我们审核了后附的江苏双星彩塑新材料股份有限公司(以下简称"双星新材")编制的《江 苏双星彩塑新材料股份有限公司 2024 年募集资金年度存放与使用情况的专项报告》（以下简 称"专项报告"）。 一、管理层对专项报告的责任 提供真实、合法、完整的相关资料，按照中国证券监督管理委员会《上市公司监管指引 第 2 号——上市公司募集资金管理和使用的监管要求》、深圳证券交易所《深圳证券交易所 上市公司自律监管指引第 1 号——主板上市公司规范运作》及相关格式指引等规定编制专项 报告，并保证其内容真实、准确、完整，不存在虚假记录、误导性陈述或重大遗漏是 XX 公 司管理层的责任。 二、注册会计师的责任 我们的责任是在实施鉴证工作的基础上对专项报告发表鉴证意见。 三、工作概述 我们按照《中国注册会计师其他鉴证业务准则第 3101 号-历史财务信息审计或审阅以外 的鉴证业务》的规定执行了鉴证业务。该准则要求我们计划和实施鉴证 ...

2024 年度营业收入扣除情况 专项审核报告 江苏双星彩塑新材料股份有限公司 专项审核报告 众会字（2025）第 03411 号 江苏双星彩塑新材料股份有限公司全体股东: 我们接受委托，审计了江苏双星彩塑新材料股份有限公司（以下简称"双星新材"）2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及公司资产负债表，2024 年度的合并及公 司利润表、合并及公司现金流量表、合并及公司所有者权益变动表以及相关财务报表附注， 并于 2025 年 4 月 22 日出具了众会字（2025）第 02317 号审计报告。同时，我们审核了后附 的江苏双星彩塑新材料股份有限公司 2024 年度营业收入扣除情况表。 一、管理层的责任 双星新材管理层的责任是提供真实、合法、完整的相关资料，按照《深圳证券交易所上 市规则》以及《深圳证券交易所上市公司自律监管指南第 1 号——业务办理》等要求编制营 业收入扣除情况表，并保证其内容真实、准确、完整，不存在虚假记录、误导性陈述或重大 遗漏。 二、注册会计师的责任 我们的责任是对双星新材 2024 年度营业收入中是否存在与主营业务无关的收入和不具 备商业实质的收入进行审核 ...

江苏双星彩塑新材料股份有限公司 2024 年度非经营性资金占用及其他 关联资金往来情况的专项说明 江苏双星彩塑新材料股份有限公司 2024 年度 非经营性资金占用及其他关联资金往来情况 的专项说明 众会字（2025）第 02547 号 江苏双星彩塑新材料股份有限公司全体股东： 本专项说明仅作为江苏双星彩塑新材料股份有限公司披露非经营性资金占用及其他关 联资金往来情况之用，不得用作任何其他目的。 附件：双星新材 2024 年度非经营性资金占用及其他关联资金往来情况汇总表 <本页无正文> 众华会计师事务所（特殊普通合伙） 中国注册会计师 蒯薏苡 中国注册会计师 汪天平 中国，上海 2025 年 4 月 22 日 限公司2024年度非经营性资金占用及其他关联资金往来情况汇 lm 新 a 彩龙 我们接受委托，依据《中国注册会计师执业准则》审计了江苏双星彩塑新材料股份有限 公司(以下简称"双星新材")2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及公司资 产负债表，2024 年度的合并及公司利润表、合并及公司现金流量表、合并所有者权益变动 表及公司所有者权益变动表以及财务报表附注，并于 2025 ...

江苏双星彩塑新材料股份有限公司 2024 年度财务报表及审计报告 目 录 | | 内容 | | 页码 | | | --- | --- | --- | --- | --- | | 审计报告 | | | | | | 年 月 12 31 | 日合并资产负债表 | | 1-2 | 2024 | | 年 12 月 31 | 日公司资产负债表 | | 3-4 | 2024 | | 年度合并利润表 | | 2024 5 | | | | 年度公司利润表 | | | 6 | 2024 | | 年度合并现金流量表 | | | 7 | 2024 | | 年度公司现金流量表 | | | 8 | 2024 | | 年度合并所有者权益变动表 | | | 9-10 | 2024 | | 年度公司所有者权益变动表 | | | 11-12 | 2024 | | 财务报表附注 | | | 13-99 | | 审 计 报 告 众会字（2025）第 02317 号 江苏双星彩塑新材料股份有限公司全体股东： 一、审计意见 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公允反映了双星新材 2024 年 12 月 31 日的财务状况以 ...