王子新材成立于1997年5月28日，于2014年12月3日在深圳证券交易所上市，注册地和办公地均为广东省深 圳市。公司是国内领先的塑料包装材料供应商，具备全产业链优势，产品广泛应用于多个领域。 公司从事塑料包装材料及产品的研发、设计、生产和销售，所属申万行业为轻工制造 - 包装印刷 - 塑料包 装，涉及核聚变、小盘、QFII持股、超导概念、核电等概念板块。 经营业绩：营收行业第三，净利润第四 2025年三季度，王子新材营业收入为15.66亿元，在行业8家公司中排名第3。行业第一名紫江企业营收 78.22亿元，第二名永新股份营收27.06亿元，行业平均数为18.26亿元，中位数为7.41亿元。主营业务构成 中，塑料包装产品6.37亿元占比63.77%，电子元器件2.52亿元占比25.19%，其他6577.95万元占比6.58%， 军工电子产品4453.12万元占比4.46%。当期净利润为2217.73万元，行业排名第4。行业第一名紫江企业净 利润10亿元，第二名永新股份净利润3.11亿元，行业平均数为1.75亿元，中位数为1975.28万元。 资产负债率高于同业平均，毛利率低于同业平均 偿债能力方面，2025年 ...

证券日报网讯 10月29日晚间，王子新材发布2025年第三季度报告称，2025年第三季度公司实现营业收 入566，805，607.47元，同比增长20.98%；归属于上市公司股东的净利润为1，995，807.19元，同比增 长76.58%。 （编辑 任世碧） ...

每经AI快讯，王子新材（SZ 002735，收盘价：16.42元）10月29日晚间发布公告称，公司第六届第三次 董事会会议于2025年10月29日在深圳市龙华区龙华街道奋进路4号王子工业园深圳王子新材料股份有限 公司一楼大会议室以现场及通讯表决方式召开。会议审议了《关于提请召开公司2025年第二次临时股东 会的议案》等文件。 每经头条（nbdtoutiao）——A股突破4000点！十年沉寂终迎爆发，科技主线重塑市场，"慢牛"新格局开 启！ （记者 曾健辉） 截至发稿，王子新材市值为63亿元。 ...

关于召开 2025 年第二次临时股东会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上市 规则》《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》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 11 月 18 日 14:00 证券代码：002735 证券简称：王子新材 公告编号：2025-066 深圳王子新材料股份有限公司 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 18 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2025 年 11 月 18 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2025 年 ...

证券代码：002735 证券简称：王子新材 公告编号：2025-064 深圳王子新材料股份有限公司 第六届董事会第三次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 深圳王子新材料股份有限公司（以下简称"公司"）董事会 2025 年 10 月 22 日以书面、电子邮件和电话方式发出召开公司第六届董事会第三次会议通知。 会议于 2025 年 10 月 29 日上午 9:30 时在深圳市龙华区龙华街道奋进路 4 号王子 工业园深圳王子新材料股份有限公司一楼大会议室以现场及通讯表决方式召开， 应参加表决 7 人，实际参加表决 7 人，分别为王进军、王武军、程刚、任兰洞、 孔祥云、曹跃云、孙蓟沙。其中，王进军、王武军、程刚、任兰洞、孔祥云现场 出席本次会议，其他董事以通讯方式参加会议。会议由公司董事长兼总裁王进军 先生主持，公司高级管理人员列席了会议。 特此公告。 二、审议通过关于提请召开公司 2025 年第二次临时股东会的议案 经公司全体董事审议，同意于 2025 年 11 月 18 日 14 时召开公司 2025 年第 二次临时股东会，本次股东会将采 ...

深圳王子新材料股份有限公司 2025 年第三季度报告 证券代码：002735 证券简称：王子新材 公告编号：2025-065 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 深圳王子新材料股份有限公司 2025 年第三季度报告 深圳王子新材料股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 566,805,607.47 | 20.98% | 1 ...

Core Insights - The nuclear fusion industry is expected to see a collaborative push in policy, technology, and capital by 2025, with significant breakthroughs in plasma duration and commercial tritium production in countries like Germany and the UK [2] - The global investment scale is set to explode, with private capital leading the way, particularly in the US and Europe, while China accelerates its efforts [2] Group 1: Industry Developments - TAE Technologies has simplified its technology to reduce system costs, raising a total of $1.35 billion and planning to advance prototype reactors and power plants [3] - Helion has completed its Trenta device and is currently building the Polaris, with plans to supply power to Microsoft by 2028, having raised over $1 billion [3] - Domestic pioneers like Hanhai Energy have built the HHMAX-901 device, focusing on commercialization in both power generation and non-power sectors [3] Group 2: FRC Technology - FRC (Field-Reversed Configuration) is emerging as a new path in magnetic confinement fusion, offering unique advantages such as high energy efficiency and lower construction costs compared to traditional technologies [2] - The engineering realization of FRC is simpler, with construction costs estimated to be only 1/5 to 1/10 of that of Tokamak systems [2] Group 3: Investment Recommendations - Companies to watch in the nuclear fusion sector include core component suppliers like Guoguang Electric (688776.SH), Xuguang Electronics (600353.SH), and Guoli Co. (688103.SH), as well as power supply firms like Xinfengguang (688663.SH) and Yingjie Electric (300820.SZ) [3]

Investment Rating - The report maintains a "Buy" rating for the controlled nuclear fusion industry, highlighting its potential for significant growth and investment opportunities [4]. Core Insights - The controlled nuclear fusion industry is entering a capital expenditure expansion phase, driven by the strategic value of fusion energy and increased financing activity [1][2][11]. - The global fusion energy sector has seen a substantial increase in financing, with a total of $9.7 billion raised by July 2025, indicating strong investor interest [1][50]. - The industry is characterized by diverse technological pathways, with a focus on magnetic confinement fusion and inertial confinement fusion, reflecting a competitive landscape among major economies [24][57]. Summary by Sections Section 1: Global Trends and Strategic Value - Fusion energy is positioned as a key solution to long-term energy supply challenges, with its high energy density and safety profile making it a viable alternative to fossil fuels and renewable energy sources [21][23]. - The demand for clean energy is expected to grow significantly, with projections indicating that clean energy sources will dominate by 2050, creating opportunities for fusion energy [21][27]. Section 2: Domestic Developments - China is transitioning from a participant in the ITER project to a leader in the fusion industry, with significant investments exceeding 150 billion yuan in planned or ongoing projects [2][24]. - The domestic fusion industry is expected to enter a construction phase for experimental reactors around 2027, further expanding investment and project scale [2][11]. Section 3: High-Value Components Analysis - Key components such as magnet systems, vacuum chambers, and power systems are expected to benefit significantly from increased capital expenditures, with their cost contributions being 28%, 25%, and 15% respectively [3][11]. - The report emphasizes the importance of high-temperature superconductors in magnet systems, which are anticipated to see widespread application [3][11]. Section 4: Key Companies and Investment Recommendations - The report recommends several companies that are well-positioned to benefit from the industry's growth, including: - 合锻智能 (HGD Intelligent) - Positioned in the vacuum chamber segment with potential for increased value [12]. - 应流股份 (Yingliu Co.) - Benefiting from a strong order book and deep reserves in fusion and aerospace sectors [12]. - 冰轮环境 (Ice Wheel Environment) - Expected to see growth from rising demand for temperature control equipment in data centers [12]. - 王子新材 (Wangzi New Materials) - Anticipated breakthroughs in fusion applications for its film capacitor products [12]. - 派克新材 (Parker New Materials) - A key supplier of precision forged components for high-value fusion applications [12]. Section 5: Market Dynamics and Future Outlook - The report highlights the increasing competition in the fusion sector, with major economies investing heavily in domestic fusion projects while also participating in international collaborations like ITER [24][26]. - The expected timeline for commercial fusion energy is set around 2035, with a significant number of companies anticipating operational demonstration plants by then [61].

磁约束核聚变新势力：FRC作为磁约束核聚变新兴路径，在原理、优势及商业化上均具独特价值 FRC原理上是无环形场线圈的简单磁约束系统，直线型结构形成自封闭磁场约束等离子体。相比传统技 术，其优势显著：摆脱外部加热源依赖，抑制宏观不稳定性，能量效率高(聚变功率输出为托卡马克的 100-1000倍)，工程化实现更简单，建造成本仅为托卡马克的1/5-1/10。电源系统是核心支撑，需匹配脉 冲式放电特性，成本较高。多家企业规划了发电及核医疗等非发电领域的落地时间，展现多元应用潜 力。 智通财经APP获悉，华金证券发布研报称，2025年全球核聚变领域呈现政策、技术与资本协同推进态 势，私人资本主导，美国、欧洲为核心，中国加速追赶，磁约束技术获较多资本倾斜，FRC等新兴路径 潜力显现。FRC原理上是无环形场线圈的简单磁约束系统，直线型结构形成自封闭磁场约束等离子体。 电源系统是核心支撑，需匹配脉冲式放电特性，成本较高。多家企业规划了发电及核医疗等非发电领域 的落地时间，展现多元应用潜力。 华金证券主要观点如下： 核聚变产业：2025年全球核聚变领域呈现政策、技术与资本协同推进态势 海外方面，德国、英国等在等离子体持续时间、 ...

Core Viewpoint - Wangzi New Materials experienced a stock price decline of 2.18% on October 17, with a current price of 16.16 yuan per share and a total market capitalization of 6.173 billion yuan [1] Financial Performance - For the first half of 2025, Wangzi New Materials achieved operating revenue of 999 million yuan, representing a year-on-year growth of 18.45%, and a net profit attributable to shareholders of 15.7 million yuan, up 33.59% year-on-year [2] Stock Market Activity - The stock has seen a year-to-date increase of 74.76%, with a 5-day increase of 5.41%, but a decline of 2.65% over the past 20 and 60 days [1] - Wangzi New Materials has appeared on the trading leaderboard 19 times this year, with the most recent appearance on October 14, where it recorded a net buy of -105 million yuan [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 68.57% to 68,100, while the average circulating shares per person decreased by 40.70% to 4,118 shares [2] - The company has distributed a total of 109 million yuan in dividends since its A-share listing, with 39.1 million yuan distributed over the last three years [3] Business Overview - Wangzi New Materials, established on May 28, 1997, and listed on December 3, 2014, specializes in the research, design, production, and sales of plastic packaging materials and products [1] - The company's main revenue sources include plastic packaging products (63.77%), electronic components (25.19%), other products (6.58%), and military electronic products (4.46%) [1]