Zheng Quan Ri Bao Wang·2025-09-03 00:13Core Viewpoint - The new materials industry in China is experiencing significant innovation and development, contributing to the country's economic growth and technological independence [1][2]. Group 1: Industry Development - The new materials sector is crucial for addressing "bottleneck" technologies and supporting the development of major national projects, receiving high-level attention and strategic planning from the government [2][6]. - In January 2024, the Ministry of Industry and Information Technology and six other departments issued guidelines emphasizing "future materials" as a key area for innovation and development [2]. - A number of listed companies in Shenzhen are focusing on critical areas such as carbon fiber, rare earth permanent magnets, and high-end special steel, aiming to build a self-sufficient industrial ecosystem [2][3]. Group 2: Company Examples - Weihai Guangwei Composite Materials Co., Ltd. has achieved full domestic production of carbon fiber, breaking international monopolies and expanding into new applications through significant R&D investment [3][4]. - Jiangxi Jinli Permanent Magnet Technology Co., Ltd. leads in high-performance neodymium-iron-boron production and has strategically entered the robotics rotor business, leveraging patents and equity incentives for material upgrades [3]. - CITIC Pacific Special Steel Group has developed a range of special steel products and is committed to green and low-carbon practices, contributing to the industry's advancement [3]. Group 3: Capital Market Support - The capital market plays a vital role in supporting new materials companies in overcoming technical challenges and expanding their scale, acting as a "booster" and "incubator" for the industry [6][7]. - Jinli Permanent Magnet has utilized capital market resources for strategic acquisitions, enhancing its supply chain and ensuring sustainable development [6]. - CITIC Special Steel has raised funds through convertible bonds to support key projects aimed at optimizing its product system and enhancing competitiveness in the high-end steel market [6][7]. Group 4: Future Outlook - Companies are committed to leveraging diverse capital market tools to empower technological innovation and industrial upgrades, aiming for breakthroughs in "bottleneck" technologies and enhancing global competitiveness [7]. - The focus on green and intelligent manufacturing, along with the pursuit of differentiated product advantages, is expected to strengthen the resilience and core competitiveness of companies in the new materials sector [7].