Market Trends - The domestic market indices showed a decline, with the Shanghai Composite Index closing at 3,813.56, down 1.16% [4] - The New Materials sector index increased by 3.72%, underperforming the ChiNext Index by 4.01% [5] Industry Commentary - The State Council's issuance of the "Artificial Intelligence +" action plan is expected to drive rapid development in AI new materials [5] - The FDA's plan to phase out synthetic food colorings is likely to benefit domestic natural colorant companies due to a surge in demand [8] Company Analysis - **Yara International (000893.SZ)**: The company reported a 48.5% year-on-year increase in revenue to 2.52 billion yuan and a 216.6% increase in net profit to 850 million yuan for H1 2025, driven by rising potassium fertilizer prices and sales [10] - **Jianlong Micro-Nano**: The company achieved a revenue of 378 million yuan in H1 2025, a 0.33% increase year-on-year, with a focus on expanding its product matrix and overseas growth [11] - **Xianlead Intelligent (300450.SZ)**: The company reported a strong rebound in order volume for H1 2025, with revenue expected to grow significantly due to the recovery of the lithium battery sector [14] - **Zhejiang Rongtai (603119.SH)**: The company is focusing on the development of humanoid robots and reported steady growth in its main business [26] - **Qingda Environmental Protection (688501.SH)**: The company’s performance met expectations, with AI applications in the thermal power sector expected to exceed forecasts [29] Investment Recommendations - The AI server market is projected to grow from $125.1 billion in 2024 to $158.7 billion in 2025, with significant growth in China's AI computing market anticipated [5] - Domestic natural colorant companies are recommended for investment due to the expected demand surge from the FDA's synthetic colorant phase-out [8] - Yara International is expected to achieve net profits of 1.89 billion, 2.54 billion, and 3.52 billion yuan from 2025 to 2027, with a corresponding PE ratio of 16, 12, and 9 [10] - Jianlong Micro-Nano is expected to enhance its capabilities through strategic acquisitions and product development [11]

Group 1 - The U.S. HHS and FDA announced a plan to phase out petroleum-based synthetic food colorings, leading to a potential surge in demand for natural colorants [1] - The FDA will establish national standards and a timeline to encourage the industry to transition from synthetic to natural colorants, with a goal to eliminate six major synthetic colorants by the end of 2026 [1] - Sensient Technologies stated that the transition from synthetic to natural colorants represents the largest opportunity in the company's history, with over half of U.S. states initiating legislative activities regarding synthetic colorants [2] Group 2 - Natural colorant usage is expected to increase by 4-12 times compared to synthetic colorants due to lower color concentration in natural options [3] - For example, the demand for sunset yellow in the U.S. is projected to be around 2,500 tons in 2025, which would require at least an additional 10,000 tons of natural colorants if replaced [3] - The market for replacing synthetic colorants with natural alternatives is significant, particularly for colors like temptation red, sunset yellow, and lemon yellow, with various natural substitutes available [3]

Group 1 - The U.S. HHS and FDA plan to phase out petroleum-based synthetic food colorings, leading to a potential surge in demand for natural colorants [1] - The FDA will establish national standards and timelines to encourage the transition from synthetic to natural colorants, with a goal to eliminate six major synthetic colorants by the end of 2026 [1] - Natural colorant companies, such as Morning Glory Biological, are expected to benefit from this transition, focusing on products like paprika red, lycopene, and lutein [1] Group 2 - The transition to natural colorants in the U.S. is anticipated to be comprehensive, similar to the EU's experience where synthetic colorants were nearly eliminated from food and beverage products [2] - Over half of U.S. states have initiated legislative activities regarding synthetic colorants, prompting major food brands to plan for a transition to natural colorants by the end of 2027 [2] - The penetration rate of natural colorants is over 80% in Europe, while the U.S. is close to one-third, indicating significant replacement potential in both the U.S. and Latin America [2] Group 3 - The usage of natural colorants is expected to increase by 4-12 times compared to synthetic colorants due to lower color concentration [3] - For example, the demand for sunset yellow in the U.S. is projected to be around 2,500 tons in 2025, which would require at least an additional 10,000 tons of natural colorants if replaced [3] - The market for replacing synthetic colorants like temptation red and sunset yellow with natural alternatives such as beet red, cochineal red, paprika red, lycopene, and lutein is substantial [3]

化学原料行业近一年市场表现 冀泳洁 执业登记编码：S0760523120002 邮箱：jiyongjie@sxzq.com 王锐 执业登记编码：S0760524090001 邮箱：wangrui1@sxzq.com 新材料 天然色素行业点评 领先大市-A(维持) 资料来源：最闻 相关报告： 加速发展，关注高频高速覆铜板材料机 遇-新材料周报（250818-0822）2025.8.27 【山证新材料】首届世界人形机器人运 动会圆满闭幕，关注人形机器人领域材 料进展-新材料周报（250811-0815 ） 2025.8.20 分析师： FDA 计划淘汰合成色素，国内天然色素企业或受益于需求爆发 2025 年 9 月 3 日 行业研究/行业快报 事件描述： 美国 HHS 和 FDA 宣布计划逐步淘汰石油基合成食用色素，美国天然色 素增量需求有望爆发。2025 年 4 月 22 日，美国食品药品监督管理局 （FDA）和美国卫生与公众服务部（HHS）宣布一系列措施，旨在到 2026 年 底前消除美国食品供应中所有石油基合成色素。具体措施如下：1）FDA 将 建立国家标准和时间表，鼓励行业自愿从合成色素过渡到天然色素。2 ...

Market Overview - The agricultural processing sector experienced a decline of 0.88% on September 2, with the Shanghai Composite Index closing at 3858.13, down 0.45%, and the Shenzhen Component Index at 12553.84, down 2.14% [1] Individual Stock Performance - The leading decliner in the agricultural processing sector was Yicheng Magic Hand (一致魔手), which fell by 4.54% to a closing price of 43.90, with a trading volume of 61,200 shares and a transaction value of 277 million yuan [1] - Other notable declines included: - Morning Light Biological (晨光生物) down 4.40% to 13.24, with a transaction value of 238 million yuan - Huazi Industry (华资实业) down 3.63% to 7.69, with a transaction value of 165 million yuan - Daodaoquan (道道全) down 2.44% to 11.18, with a transaction value of 104 million yuan [1] Capital Flow Analysis - The agricultural processing sector saw a net outflow of 83.56 million yuan from institutional investors and 13.15 million yuan from retail investors, while individual investors contributed a net inflow of 96.71 million yuan [1] - Specific stock capital flows included: - COFCO Sugar Industry (中粮糖业) with a net inflow of 175 million yuan from institutional investors, but a net outflow of 22.44 million yuan from retail investors [2] - Double Tower Food (双塔食品) had a net inflow of 1.54 million yuan from institutional investors and a net inflow of 3.16 million yuan from retail investors [2] - ST Langyuan (ST朗源) experienced a net outflow of 774,900 yuan from institutional investors but a net inflow of 310,300 yuan from retail investors [2]

Group 1 - The company, Morning Light Bio, announced the acquisition of six invention patents related to a detection system and method for the proportion of single solvent in a dual-solvent system for plant extraction, as well as natural colorants for feed and their preparation methods and applications [2] - The acquisition of these patents is expected to enhance the company's independent intellectual property advantages and establish a continuous innovation mechanism [2]

（文章来源：证券日报） 证券日报网讯 9月1日晚间，晨光生物发布公告称，公司控股子公司——河北晨光天润制药有限公司因 发展需要变更其公司名称。相关的变更登记事项及备案手续已于近日办理完成，并取得了河北馆陶经济 开发区核发的营业执照。 ...

证券代码：300138 证券简称：晨光生物 公告编号：2025—088 "植物提取双溶剂体系中单一溶剂比例的检测系统及方法"涉及一种溶剂的 检测系统及方法，本发明操作简单、成本低，检测准确性高，可满足车间生产过 程控制的需要；"一种饲料级天然着色剂及其制备方法和应用"涉及饲料添加剂 领域，本发明可大大增加天然色素在小肠中的吸收，提高其生物利用度，从而应 用到饲料中能够提高蛋黄色度，鱼类皮肤颜色等，而且本发明产品原料均为天然 物质，具有安全无毒副作用等优势，可以完全替代化学合成色素在动物饲料中的 使用；"一种饲料添加组合物及其应用"涉及饲料添加剂技术领域，利用本发明 提供的饲料添加组合物能够有效降低畜禽死淘率，提高畜禽的生长性能，促进其 体重增长，提高平均日采食量和平均日增重，一定程度地降低料重比，对于替代 抗生素的饲料添加剂的开发具有重要意义；"一种改善畜禽肠道健康的饲料添加 组合物及其应用"涉及饲料添加剂技术领域，该饲料添加组合物可以有效改善肠 道形态，还能够有效调节畜禽肠道微生物种群，改善肠道健康，促进畜禽生长， 提高畜禽免疫力，可作为安全、高效、稳定、可控的绿色环保型饲料添加剂；"一 种用于压片制剂的叶 ...

证券代码：300138 证券简称：晨光生物 公告编号：2025—089 晨光生物科技集团股份有限公司 关于子公司归还银行借款暨为子公司提供担保的进展公告 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。 晨光生物科技集团股份有限公司（以下简称"公司"）对合并报表范围内子 公司银行借款担保情况因业务进展发生了变动，现公告如下： 一、对外担保基本情况及进展 结合自身经营流动资金需求，经公司 2023 年年度股东大会决议，晨光生物 科技集团图木舒克有限公司（以下简称"图木舒克晨光"，系新疆晨光全资子公 司，穿透后为公司控股子公司）前期向中国银行股份有限公司喀什地区分行（以 下简称"中国银行"）申请办理了 10,000 万元流动资金借款，担保方式：公司 保证担保。 公司与中国银行就上述借款事宜签署了保证合同，被担保的最高债权额为： 所担保债权之最高本金余额 10,000 万元及基于主债权之本金所发生的利息、违 约金、损害赔偿金、实现债权的费用、因债务人违约而给债权人造成的损失和其 他所有应付费用等；保证方式为：连带责任保证，详见 2025 年 1 月 17 日披露于 巨 ...

相关的变更登记事项及备案手续已于近日办理完成，并取得了河北馆陶经济 开发区核发的营业执照，登记的相关信息如下： 证券代码：300138 证券简称：晨光生物 公告编号：2025—087 晨光生物科技集团股份有限公司 关于子公司完成变更登记的公告 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。 晨光生物科技集团股份有限公司控股子公司——河北晨光天润制药有限公 司因发展需要变更其公司名称。 住 所：河北省邯郸市馆陶县经济开发区紫阳道 6 号 经 营 范 围：许可项目：药品生产；药品批发；药用辅料生产；药用辅料 销售；食品添加剂生产；饲料添加剂生产。一般项目：化工产品生产(不含许可 类化工产品)；化工产品销售(不含许可类化工产品)；专用化学产品制造(不含危 险化学品)；专用化学产品销售(不含危险化学品)；食品添加剂销售；传统香料 制品经营；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广； 货物进出口。 子公司本次变更主要是：公司名称变更为"河北晨光同晟制药有限公司"。 特此公告 晨光生物科技集团股份有限公司 统一社会信用代码：91130433MA0DLYP ...