Core Viewpoint - The company expects a net profit of 330 million to 370 million yuan for the year 2025, representing a year-on-year growth of 63.86% to 83.73% [1] Group 1: Financial Performance - The significant growth in annual performance is driven by the traditional peak season in the consumer electronics industry [1] - The increase in revenue is primarily attributed to the launch of new products by major North American clients and large-scale delivery of new projects [1] Group 2: Market Position and Relationships - The company has deepened its cooperative relationships with leading global clients [1] - There is a steady increase in the penetration rate and market share of the company's thermal products [1]

1月20日晚间，中石科技（300684）发布2025年度业绩预告，公司预计全年归属于上市公司股东的净利 润为3.30亿元—3.70亿元，比上年同期增长63.86%—83.73%。 此前披露的2025年三季报显示，中石科技前三季度实现营业收入12.98亿元，同比增长18.45%；实现归 母净利润2.52亿元，同比增长90.59%；实现扣非后归母净利润2.36亿元，同比增长142.37%。 中石科技不久前接受机构投资者调研时表示，三季度为消费电子传统旺季，公司受益于北美大客户新品 发布与新项目放量，散热材料及组件出货量增长，产品渗透率与市场份额稳步提升。同时，公司积极拓 展AI终端设备、AI基础设施等新兴领域，高效散热模组、核心散热零部件、高性能导热材料等产品营 收增长较快。 在消费电子领域，中石科技在人工合成石墨材料领域保持龙头地位，不断提升模切组件产品市场份额， 石墨模切组件产品在大客户端的应用从手机扩展到平板电脑、笔记本电脑等新项目中。公司正加快多种 VC高性能吸液芯材料的研发和批量化生产步伐，构建核心技术壁垒，实现差异化错位竞争。公司已取 得北美大客户导热界面材料供应商资格并顺利实现生产交付。 在产能方面 ...

Core Viewpoint - The company, Zhongshi Technology, forecasts a significant increase in net profit for the year 2025, driven by strong performance in the consumer electronics sector and major client product launches [1] Financial Performance - The company expects net profit attributable to shareholders to be between 330 million to 370 million yuan, representing a year-on-year growth of 63.86% to 83.73% [1] - The net profit after deducting non-recurring gains and losses is projected to be between 320 million to 360 million yuan, indicating a year-on-year increase of 83.49% to 106.43% [1] Industry Context - The significant growth in the company's performance is attributed to the traditional peak season in the consumer electronics industry [1] - The launch of new products by major clients in North America and large-scale delivery of new projects have contributed to the continuous increase in the shipment volume of thermal materials and components [1]

智通财经APP讯，中石科技(300684.SZ)披露2025年年度业绩预告，公司预计归属于上市公司股东的净利 润3.3亿元至3.7亿元，同比增长63.86%至83.73%。扣除非经常性损益后的净利润3.2亿元至3.6亿元，同 比增长83.49%至106.43%。 在消费电子行业传统旺季的带动下，公司全年业绩实现显著增长，主要受益于北美大客户新品上市及新 项目大规模交付，推动散热材料与组件出货量持续攀升。 ...

格隆汇1月20日丨中石科技(300684.SZ)公布，预计2025年归属于上市公司股东的净利润33,000万元～ 37,000万元，比上年同期增长63.86%～83.73%，扣除非经常性损益后的净利润32,000万元～36,000万 元，比上年同期增长83.49%～106.43%。 在消费电子行业传统旺季的带动下，公司全年业绩实现显著增长，主要受益于北美大客户新品上市及新 项目大规模交付，推动散热材料与组件出货量持续攀升。公司与全球头部客户的合作关系进一步深化， 散热产品品类渗透率与市场份额稳步提高。与此同时，公司积极把握AI技术应用带来的市场机遇，大 力拓展新兴消费电子、AI新基建领域的新型散热解决方案，加强核心产品研发与市场推广，推动高效 散热模组、核心散热部件及高性能导热材料等产品销售收入实现较快增长，为公司培育了持续增长的第 二曲线。报告期内，公司通过持续优化产品结构、推进降本增效，整体盈利水平得到进一步提升，实现 了规模与效益的协同增长。 ...

Core Viewpoint - The company expects to achieve a net profit attributable to shareholders of 330 million to 370 million yuan in 2025, representing a year-on-year growth of 63.86% to 83.73% driven by the traditional peak season in the consumer electronics industry [1] Group 1: Financial Performance - The projected net profit for 2025 is between 330 million and 370 million yuan, indicating significant growth compared to previous years [1] - The growth is primarily attributed to the launch of new products by major North American clients and large-scale delivery of new projects, leading to an increase in the shipment volume of thermal materials and components [1] Group 2: Market Position and Strategy - The company has deepened its cooperation with leading global clients, resulting in a steady increase in the penetration rate and market share of its thermal products [1] - The company is actively seizing market opportunities presented by AI technology applications, expanding into emerging consumer electronics and AI infrastructure with new thermal solutions [1] - There is a strong focus on enhancing core product research and market promotion, which is expected to drive rapid growth in sales revenue from efficient thermal modules, core thermal components, and high-performance thermal materials [1]

每经AI快讯，1月20日，中石科技（300684）(300684.SZ)发布2025年度业绩预告，预计归属于上市公司 股东的净利润为3.30亿元~3.70亿元，比上年同期增长63.86%~83.73%。报告期内，受益于北美大客户新 品上市及新项目大规模交付，散热材料与组件出货量持续攀升，同时公司拓展新兴消费电子、AI新基 建等领域新型散热方案，推动高效散热模组、核心散热部件及高性能导热材料等产品销售收入实现较快 增长，为公司培育了持续增长的第二曲线。 ...

证券代码：300684 证券简称：中石科技 公告编号：2026-001 | 项 目 | 本报告期 | | | | 上年同期 | | --- | --- | --- | --- | --- | --- | | 归属于上市公司 | | 33,000 | ～ | 37,000 | 20,138.78 | | 股东的净利润 | 比上年同期增长 | 63.86% | ～ | 83.73% | | | 扣除非经常性损 | | 32,000 | ～ | 36,000 | 17,439.30 | | 益后的净利润 | 比上年同期增长 | 83.49% | ～ | 106.43% | | 北京中石伟业科技股份有限公司 2025 年年度业绩预告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 一、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 2、业绩预告情况：预计净利润为正值且属于同向上升 50%以上情形 （1）以区间数进行业绩预告的 单位：万元人民币 五、备查文件 1、公司董事会关于本期业绩预告的情况说明。 二、与会计师事务 ...

Market Overview - The electronic chemicals sector experienced a decline of 0.48% on January 19, with Tiancheng Technology leading the drop [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] Stock Performance - Notable gainers in the electronic chemicals sector included: - Jinhong Gas (688106) with a closing price of 25.52, up 9.57%, and a trading volume of 427,900 shares, totaling 1.068 billion yuan [1] - Zhongshi Technology (300684) closed at 54.55, up 8.62%, with a trading volume of 318,000 shares, totaling 1.723 billion yuan [1] - Sanhu Xinke (688389) closed at 76.90, up 6.82%, with a trading volume of 43,100 shares, totaling 321 million yuan [1] Fund Flow Analysis - The electronic chemicals sector saw a net outflow of 550 million yuan from institutional investors, while retail investors contributed a net inflow of 248 million yuan [2] - The top stocks by net inflow from institutional investors included: - Qiangli New Materials (300429) with a net inflow of 86.87 million yuan, accounting for 5.76% of the total [3] - Jinhong Gas (688106) with a net inflow of 83.17 million yuan, accounting for 7.79% of the total [3] - Zhongshi Technology (300684) with a net inflow of 55.72 million yuan, accounting for 3.23% of the total [3]

Core Viewpoint - The polymer-based thermal interface materials (TIM) industry is experiencing steady growth driven by advancements in AI, 5G, and electric vehicles, with the Chinese market expanding at a faster rate than the global market. The demand for high-end thermal management solutions in sectors like data centers and ADAS is expected to significantly increase, with the ADAS TIM market projected to reach $600 million by 2033 [1][6]. Industry Overview - Polymer-based TIMs are essential for electronic thermal management, designed to fill microscopic gaps between heat-generating devices and heat sinks, thereby reducing thermal resistance and ensuring efficient operation [1][3]. - TIMs are categorized into TIM1, which is used between chips and packaging, and TIM2, which is used between packaging and heat sinks, with TIM1 requiring higher performance standards [3][4]. Industry Policies - The polymer-based TIM industry is part of the new materials sector, which is a strategic focus for national development. Various policies have been implemented to support technological research, industrial application, and market promotion, facilitating breakthroughs in high-end technology and accelerating domestic substitution [5][6]. Industry Chain - The upstream of the TIM industry includes polymer matrices and high thermal conductivity fillers, while the midstream focuses on material formulation and composite process innovation. The downstream applications span consumer electronics, electric vehicles, 5G communication, and data centers, with electric vehicles and data centers being key growth drivers [5][6]. Market Size and Growth - The global TIM market is projected to grow from $2.012 billion in 2024 to $4.148 billion by 2031, with a compound annual growth rate (CAGR) of 10.74%. The Chinese TIM market is expected to grow from $1.027 billion in 2024 to $2.164 billion by 2031, with a CAGR of 11.09%, indicating strong growth potential [6][7]. Competitive Landscape - The competitive landscape shows a dynamic balance where international giants dominate the high-end market while local companies like Huitian New Materials and Feirongda are making significant advancements. These local firms are transitioning from cost advantages to competing directly in high-end supply chains through technological breakthroughs [7][8]. Development Trends - The industry is expected to evolve around three core directions: technological upgrades focusing on high thermal conductivity and multifunctional integration, deepening industry chain collaboration for domestic substitution, and expanding application scenarios that drive customized solutions [8][9][10]. - Future innovations will emphasize high-performance materials with integrated functionalities, while collaboration between upstream and downstream players will enhance the self-sufficiency of the supply chain [10][11].