12月19日，德福科技跌5.21%，截至发稿，报35.66元/股，成交5.41亿元，换手率3.94%，总市值224.77 亿元。 资料显示，九江德福科技股份有限公司位于江西省九江市开发区汽车工业园顺意路15号，成立日期1985 年9月14日，上市日期2023年8月17日，公司主营业务涉及各类高性能电解铜箔的研发、生产和销售。主 营业务收入构成为：锂电铜箔77.53%，电子电路铜箔14.80%，其他(补充)7.66%。 从德福科技十大流通股东角度 数据显示，南方基金旗下1只基金位居德福科技十大流通股东。南方中证1000ETF（512100）三季度新 进十大流通股东，持有股数288.43万股，占流通股的比例为0.77%。根据测算，今日浮亏损失约565.33 万元。 南方中证1000ETF（512100）成立日期2016年9月29日，最新规模766.3亿。今年以来收益23.72%，同类 排名1988/4197；近一年收益18.96%，同类排名2400/4147；成立以来收益9.49%。 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间7年44天，现任基金资产总规模1227.6亿元， ...

每经AI快讯，德福科技（SZ 301511，收盘价：37.62元）12月18日晚间发布公告称，公司于近日收到控 股股东、实际控制人、董事马科，董事、高级管理人员江泱、金荣涛，高级管理人员龚凯凯出具的《股 份减持结果告知函》。截至本公告披露日，本次减持计划已实施完成。马科、江泱、金荣涛、龚凯凯共 减持公司股份约82万股。 每经头条（nbdtoutiao）——海南封关政策红利全解析：零关税、低个税、投资准入放宽、跨境资金自 由、创业扶持…… （记者 张明双） 2025年1至6月份，德福科技的营业收入构成为：锂电铜箔占比77.53%，电子电路铜箔占比14.8%，其他 业务占比7.66%。 截至发稿，德福科技市值为237亿元。 ...

证券代码：301511 证券简称：德福科技 公告编号：2025-107 九江德福科技股份有限公司 关于控股股东、实际控制人、董事及高级管理人员减持股份 计划实施完成的公告 公司控股股东、实际控制人、董事马科，董事、高级管理人员江泱、金 荣涛，高级管理人员龚凯凯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。 | 股东名 称 | 股份性质 | 本次减持前持有股份 | | 本次减持后持有股份 | | | --- | --- | --- | --- | --- | --- | | | | 股数 | 占总股本 | 股数 | 占总股本 | | | | （股） | 比例（%） | （股） | 比例（%） | | | 合计持有股份 | 192,588,725 | 30.55 | 191,788,725 | 30.43 | | 马科 | 其中：无限售条件股份 | 803,040 | 0.13 | 3,040 | 0.00 | | | 有限售条件股份 | 191,785,685 | 30.42 | 191,785,685 | 30.43 | | 江泱 | 合计持有股份 | 13,300 | 0 ...

Core Insights - The domestic PCB market is projected to grow from $41.213 billion to $49.704 billion from 2024 to 2029, with a CAGR of 3.8% [1] - The fastest-growing downstream sector for PCBs is servers/data storage, expected to have a CAGR of 11.6% during the same period [1] Group 1: PCB Market Growth - The demand for PCBs is driven by explosive growth in computing power, particularly in AI servers and switches, which require higher performance [1] - The requirements for PCB materials are evolving, with a focus on low Dk/Df properties for core materials like resin, fiberglass, and copper foil [1] Group 2: Resin Demand and Supply - PPO and hydrocarbon resins are ideal for high-frequency and high-speed applications, with expected global demand reaching 4,558 tons and 1,216 tons by 2025, reflecting year-on-year growth of 41.89% and 41.62% respectively [2] - Major global suppliers of PPO and hydrocarbon resins include Sabic, Asahi Kasei, and Mitsubishi Gas, while domestic companies like Dongcai Technology and Shengquan Group are rapidly improving their product performance and production capabilities [2] Group 3: Low-DK Electronic Fabrics - Low-DK electronic fabrics are essential for M7 and above CCL, with the market expected to reach $2.3 billion by 2033, growing at a CAGR of 7.50% from 2024 to 2033 [3] - The supply of low-DK electronic fabrics is concentrated among Japanese, Taiwanese, and domestic companies, with domestic firms accelerating their production capabilities [3] Group 4: HVLP Copper Foil - HVLP copper foil is a core material for high-frequency PCBs, with a projected market growth from $2 billion to $5.95 billion between 2024 and 2032, achieving a CAGR of 14.6% [4] - The high-end copper foil market is currently dominated by Japanese and Korean companies, but domestic firms like Defu Technology and Tongguan Copper Foil are making significant advancements [4] Group 5: Key Companies - Notable companies to watch include Shengquan Group (605589.SH), Dongcai Technology (601208.SH), Zhongcai Technology (002080.SZ), Honghe Technology (603256.SH), International Composite Materials (301526.SZ), Defu Technology (301511.SZ), Tongguan Copper Foil (301217.SZ), and Longyang Electronics (301389.SZ) [5]

Investment Rating - The report maintains a rating of "B" for the new materials PCB materials industry, indicating a positive outlook for the sector [1]. Core Insights - The demand for PCBs is expected to grow significantly due to the rapid development of AI servers, with the domestic PCB market projected to increase from $41.213 billion in 2024 to $49.704 billion by 2029, reflecting a CAGR of 3.8% [2][18]. - The fastest-growing downstream sector for PCBs is the server and data storage market, with a projected CAGR of 11.6% from 2024 to 2029 [23]. - The transition to PCIe 5.0 standards is driving the need for high-frequency and high-speed PCBs, necessitating improvements in dielectric properties of core materials [27][34]. Summary by Sections PCB Market Overview - The global PCB market is expected to reach $94.7 billion by 2029, with a CAGR of 5.2% from 2024 to 2029, driven by AI, data centers, and smart automotive applications [18]. - In 2024, the domestic PCB market is anticipated to grow by 9.0%, reaching $41.213 billion, while the global market is projected to grow by 5.8% [18][23]. Material Demand and Supply - The demand for electronic-grade PPO and hydrocarbon resins is expected to reach 4,558 tons and 1,216 tons respectively by 2025, with growth rates of 41.89% and 41.62% [3][50]. - The global HVLP copper foil market is projected to grow from $2 billion to $5.95 billion between 2024 and 2032, with a CAGR of 14.6% [5][6]. Key Companies - Shengquan Group is expanding its PPO resin production capacity to over 2,000 tons and is involved in multiple expansion projects [7]. - Dongcai Technology is investing 700 million yuan to build a project with an annual capacity of 20,000 tons of electronic materials for high-speed communication [7]. - Zhongcai Technology is the first domestic supplier to achieve mass production of second-generation low-dielectric products [7]. - Honghe Technology has reached international leading quality levels for some high-end electronic fabrics and will begin mass supply in the first half of 2025 [7]. Material Innovations - Low-DK electronic fabrics are essential for M7 and above CCLs, with a projected global market size of $2.3 billion by 2033, growing at a CAGR of 7.5% [4]. - The transition to low Dk/Df materials is critical for PCB performance, with core materials like PPO, hydrocarbon resins, and HVLP copper foils expected to see significant demand growth [37][40].

格隆汇12月18日丨德福科技(301511.SZ)在互动平台表示，公司的产品广泛应用于新能源汽车、无人 机、机器人、储能系统、汽车电子、AI服务器、5G基站等领域。 ...

Group 1 - The company, Defu Technology (301511.SZ), has a production line for copper tubes, which are applicable for core components in air conditioning systems [2] - The company engages in business with various sectors, including new energy vehicles, drones, robotics, energy storage systems, automotive electronics, AI servers, and 5G base stations [2]

Group 1 - The PET copper foil concept increased by 2.73%, ranking 9th among concept sectors, with 39 stocks rising, including Jiangnan New Materials hitting the daily limit, and other notable gainers like Jiao Cheng Ultrasonic and Defu Technology rising by 13.54%, 12.53%, and 8.92% respectively [1] - The PET copper foil sector saw a net inflow of 318 million yuan, with 18 stocks receiving net inflows, and 7 stocks attracting over 30 million yuan, led by Dongcai Technology with a net inflow of 155 million yuan [2][3] - Jiangnan New Materials, Liyuanheng, and Hengtong Holdings had the highest net inflow ratios at 21.72%, 10.87%, and 10.15% respectively [3] Group 2 - The top gainers in the PET copper foil sector included Dongcai Technology with an 8.92% increase, Defu Technology with a 12.53% increase, and Jiangnan New Materials with a 10% increase [3] - The trading volume and turnover rates for key stocks in the PET copper foil sector were significant, with Jiangnan New Materials having a turnover rate of 15.78% and Dongcai Technology at 11.77% [3] - The overall market performance showed a mixed trend, with some sectors like CPO and copper cable high-speed connections performing well, while others like the Hainan Free Trade Zone and horse racing concepts faced declines [2]

每日经济新闻 每经AI快讯，12月17日，电池板块短线拉升，德福科技涨超10%，铜冠铜箔、厦钨新能、天华新能、武 汉蓝电、华盛锂电等跟涨。 ...

证券日报网讯12月15日，德福科技（301511）在互动平台回答投资者提问时表示，截至2025年12月10 日，公司的股东人数为45000户。 ...