Core Viewpoint - Kaisheng New Materials (301069) has highlighted its production capabilities and applications of PEKK, a high-performance thermoplastic engineering plastic, which is similar to PEEK and belongs to the polyether ketone family, showcasing excellent mechanical properties and various industrial applications [1] Group 1: Product Characteristics - PEKK exhibits superior mechanical performance, wear resistance, corrosion resistance, self-lubrication, insulation stability, biocompatibility, and high-temperature usage [1] - The material is primarily used in lightweight applications to replace steel in industries such as automotive, robotics, low-altitude aircraft, aerospace materials, and high-end medical sectors [1] Group 2: Production Capabilities - The company possesses thousand-ton level production facilities for PEKK products, including processing and modification equipment to meet customer demands [1] - Customizable PEKK products are available in raw powder, granules, or modified forms, with capabilities to combine PEKK with glass fibers and carbon fibers for tailored composite materials [1] Group 3: Research and Development - Continuous investment in research and development allows the company to optimize the preparation process of PEKK, enhancing product quality and yield, thereby strengthening market competitiveness [1]

（文章来源：证券日报） 证券日报网讯 12月9日，凯盛新材在互动平台回答投资者提问时表示，截至2025年11月28日，公司股东 人数为43830户。 ...

凯盛新材12月9日在互动平台表示，公司电池级高纯度氯化亚砜已实现稳定批量供货。 ...

格隆汇12月9日丨凯盛新材(301069.SZ)在互动平台表示，公司电池级高纯度氯化亚砜已实现稳定批量供 货。 ...

Group 1 - The company, Huabang Life Health Co., Ltd., announced a non-public issuance of exchangeable bonds aimed at professional investors, with a total issuance size of 600 million RMB and a term of 3 years [2] - The exchangeable bonds, referred to as "25 Huabang EB," have been fully converted, resulting in a total of 0 bonds remaining, and will be delisted from the Shenzhen Stock Exchange on December 8, 2025 [3] - Following the completion of the bond conversion, the company holds 126,755,153 shares of Kaisheng New Materials Co., Ltd., representing 30.13% of its total share capital, without affecting its status as the controlling shareholder [4]

| 证券代码：301069 | 证券简称：凯盛新材 | 公告编号：2025-057 | | --- | --- | --- | | 债券代码：123233 | 债券简称：凯盛转债 | | 山东凯盛新材料股份有限公司 关于控股股东可交换公司债券换股完成暨摘牌并拟 解除剩余标的股票质押的公告 公司控股股东华邦生命健康股份有限公司保证向本公司提供的信息内容真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致， 并保证披露的公司相关信息内容真实、准确、完整，没有虚假记载、误导性陈述 或重大遗漏。 一、控股股东可交换公司债券的基本情况 华邦健康于 2025 年 4 月 22 日面向专业投资者非公开发行可交换公司债券 （以下简称"本期可交换债券"），并于 2025 年 4 月 28 日起在深圳证券交易所挂 牌交易，债券简称"25 华邦 EB"，债券代码"117227"，发行规模 6 亿元，期限 3 年，初始换股价格为 14.88 元/股。2025 年 4 月 30 日，因公司实施 2024 年度 权益分派，"25 华邦 EB" 的换股价格由 14.88 ...

Industry Overview - The price of chlorosulfonic acid in China has significantly increased, rising by 9.87% to 2382 RMB/ton as of December 3, and up 66.69% compared to the previous month [1] - Chlorosulfonic acid is a key intermediate in the production of lithium battery electrolytes, and its demand is boosted by the narrowing price gap between lithium hexafluorophosphate and its substitute LiFSI [1] - Environmental regulations are tightening, leading to increased costs for exhaust treatment and causing small to medium enterprises to gradually exit the market, resulting in slow supply growth in the industry [1] Company Insights - Shilong Industrial is a comprehensive chemical enterprise primarily engaged in the research, production, and sales of chlor-alkali and downstream products, including chlorosulfonic acid [2] - Kaisheng New Materials specializes in fine chemical products and new polymer materials, with an annual production capacity of 150,000 tons of chlorosulfonic acid [3]

证券日报网讯12月4日，凯盛新材（301069）在互动平台回答投资者提问时表示，关于公司主要产品的 产能、营收等情况可参见公司披露的定期报告。今年公司PEKK产品的良品率在不断提升，正在通过多 种渠道积极开拓国内外市场。 ...

Core Viewpoint - Kaisheng New Materials has highlighted its PEKK products as specialized high-performance polymer materials suitable for aerospace applications, indicating a strategic focus on the commercial aerospace sector and plans for market expansion both domestically and internationally [1]. Group 1 - The company's PEKK products exhibit high-temperature resistance, chemical corrosion resistance, and wear resistance [1]. - PEKK is characterized as a new type of thermoplastic resin with superior performance [1]. - The company is closely monitoring developments in the commercial aerospace sector [1]. Group 2 - Kaisheng New Materials plans to actively explore both domestic and international markets for its products [1].

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1] Core Insights - The chemical industry is expected to benefit from a shift in supply chain dynamics due to geopolitical tensions, particularly in semiconductor materials, leading to accelerated domestic replacements [5][6] - The chromium salt industry is experiencing a value reassessment driven by increased demand from AI data centers and commercial aircraft engines, with significant price increases noted [8][9] - The report highlights a potential upturn in the chemical industry as supply-side constraints and rising demand could enhance profitability and dividend yields for leading companies [6][10] Summary by Sections Industry Performance - The basic chemical sector has shown a 24.0% increase over the past 12 months, outperforming the CSI 300 index, which increased by 16.9% [3] Key Opportunities - Focus on low-cost expansion opportunities in companies such as Wanhua Chemical and Hualu Hengsheng, as well as sectors like tire manufacturing and pesticide formulations [6][9] - Emphasis on sectors with improving market conditions, including chromium salts, phosphate rock, and polyester filament [9][10] Price Trends - Recent price increases for key products include chromium oxide green at 35,500 CNY/ton and metallic chromium at 84,000 CNY/ton, both up by 1,000 CNY/ton from the previous week [8][16] - The report notes a tightening supply for isooctanol, with prices rising due to increased demand and production disruptions [13] Company Focus - The report identifies several key companies for investment, including Dongfang Shenghong, Hubei Yihua, and Wanhua Chemical, with positive earnings forecasts and attractive price-to-earnings ratios [28]