Lily Group(SH:603823) 光大证券研究·2026-02-03 23:07Core Viewpoint - The company plans to invest up to 100 million yuan in a project to produce 1,000 tons of polyether ether ketone (PEEK) materials annually, indicating a strategic move into the new materials sector [4][5]. Group 1: Investment and Project Details - The company aims to invest no more than 100 million yuan to establish a project for an annual production capacity of 1,000 tons of PEEK materials, with the first phase involving an investment of up to 50 million yuan for a capacity of 200 tons [5]. - The project will be located in the Qiantang District of Hangzhou, facilitating raw material procurement, product transportation, and talent acquisition, with an estimated construction period of 12 months for the first phase [5]. Group 2: Market Potential and Demand - PEEK materials are characterized by excellent properties such as heat resistance, wear resistance, fatigue resistance, and chemical resistance, making them suitable for various industries including electronics, aerospace, automotive, energy, and medical [6]. - The global consumption of PEEK is projected to reach approximately 10,000 tons in 2024, reflecting a year-on-year growth of 13.8%, with the market size expected to reach 1.226 billion USD by 2027 [6]. - China's PEEK market is rapidly growing, with demand increasing from 1,100 tons in 2018 to an estimated 3,904 tons in 2024, leading to a market size of 1.455 billion yuan in 2024 [6].