证券代码：603255 证券简称：鼎际得 公告编号：2026-001 辽宁鼎际得石化股份有限公司 2025年年度业绩预告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示 ● 本期业绩预告适用于：净利润实现扭亏为盈。 ● 辽宁鼎际得石化股份有限公司（以下简称"公司"）预计2025年年度实现归属于母公司所有者的净利润 预计为863.24万元到1,294.86万元，与上年同期相比，将实现扭亏为盈。 ● 公司预计2025年年度实现归属于母公司所有者的扣除非经常性损益后的净利润为688.79万元到 1,033.18万元。 ● 本预告系初步测算结果，具体准确的财务数据以公司正式披露的2025年年度报告为准。 一、本期业绩预告情况 （一）业绩预告期间：2025年1月1日至2025年12月31日 （二）经财务部门初步测算，公司2025年年度将出现扭亏为盈，与上年同期相比，具体如下： 1、预计2025年年度归属于母公司所有者的净利润为863.24万元到1,294.86万元，与上年同期相比，将实 现扭亏为盈。 2、预计2025年年度 ...

Core Viewpoint - The company Dingjide (603255) expects a significant turnaround in its financial performance for the year 2025, projecting a net profit attributable to shareholders between 8.63 million and 12.95 million yuan, compared to a loss of 12.13 million yuan in the previous year [4]. Financial Performance - The projected net profit for 2025 is between 8.63 million and 12.95 million yuan, while the expected non-recurring net profit ranges from 6.89 million to 10.33 million yuan, both showing a recovery from previous losses [4]. - The company's current price-to-earnings (P/E) ratio (TTM) is approximately between 341.76 and 512.65 times, with a price-to-book (P/B) ratio of about 2.79 times and a price-to-sales (P/S) ratio of around 5.21 times [4]. Business Operations - The company specializes in the research, production, and sales of polymer material chemical additives, single agents, and catalysts [15]. - The improvement in performance is attributed to leveraging core product advantages, enhancing marketing efforts, and optimizing product structure and sales area, which effectively boosted overall sales revenue [15]. - The successful launch of the high-end new material project (POE) has provided new support for the company's overall profitability [16].

智通财经APP讯，鼎际得(603255.SH)发布公告，公司预计2025年年度实现归属于母公司所有者的净利 润为863.24万元到1294.86万元，与上年同期相比，将实现扭亏为盈。 ...

Core Viewpoint - The company Dingjide (603255.SH) expects to achieve a net profit attributable to shareholders of the parent company ranging from 8.63 million to 12.95 million yuan in 2025, marking a turnaround from loss to profit compared to the previous year [1] Financial Performance - The expected net profit after deducting non-recurring gains and losses for 2025 is projected to be between 6.89 million and 10.33 million yuan [1] Key Drivers of Performance - The turnaround to profitability is primarily attributed to the company's reliance on core product advantages, proactive market response, increased marketing efforts, and deepening relationships with quality customers, which effectively boosted overall sales revenue [1] - Continuous promotion of technological innovation and process improvements has led to cost reduction and efficiency enhancement, resulting in the release of scale production advantages and an increase in overall product gross margin compared to the previous year [1] - The successful launch and market introduction of the high-end new material project (POE) at the end of the reporting period has provided new support for the company's overall profitability [1]

Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between 8.6324 million and 12.9486 million yuan, marking a turnaround from a loss in the previous year[2]. - The projected net profit after deducting non-recurring gains and losses is estimated to be between 6.8879 million and 10.3318 million yuan[3]. - In 2024, the company reported a total profit of -20.7333 million yuan and a net profit attributable to shareholders of -12.1321 million yuan[4]. Factors Contributing to Performance Improvement - The improvement in performance is attributed to enhanced marketing efforts, optimized product structure, and a focus on high-quality customers[5]. - The company has successfully launched the POE high-end new materials project, contributing positively to overall profitability[5]. - The gross profit margin of products has improved compared to the previous year due to ongoing technological innovation and process improvements[5]. Financial Data and Reporting - The financial data presented is preliminary and has not been audited by registered accountants, with the final figures to be disclosed in the official 2025 annual report[6][7]. - There are currently no significant uncertainties affecting the accuracy of this performance forecast[6].

Core Viewpoint - The domestic production of POE (polyolefin elastomer) in China is advancing significantly, with major projects expected to reduce reliance on imports and enhance supply capabilities in strategic industries such as photovoltaics and automotive lightweight components [1][2][3]. Group 1: Industry Developments - China Petroleum's Dushanzi Petrochemical Company has made significant progress in its domestic POE adaptation project, aiming to produce nearly 60,000 tons of POE by 2025 [1]. - The reliance on imported POE in China remains high, with an import dependency of approximately 95% projected until the third quarter of 2025, highlighting the urgency for domestic production [1]. - The import volume of POE in China has increased from 224,400 tons in 2017 to 913,000 tons in 2024, with an average annual growth rate of 19.7% [1]. Group 2: Company Initiatives - Domestic companies are accelerating efforts to enhance POE supply capabilities, with Dingjide investing in a petrochemical new materials project in Dalian, planning for an annual capacity of 200,000 tons of POE [2]. - Dongfang Shenghong's Shenghong Petrochemical has launched a 100,000 tons/year POE project, with the first batch of 320 tons of high-quality products already delivered [3]. - China Petroleum's Dushanzi Petrochemical has focused on high-end polyolefin research since 2015, achieving a significant technological breakthrough in POE production by 2024, with total POE capacity expected to exceed 300,000 tons by the end of 2026 [3].

Core Viewpoint - The AI industry is driving an increase in demand and prices for high-speed materials, leading to a supply shortage of upstream high-end materials such as Low Dk electronic cloth, quartz cloth, and HVLP copper foil [1] Group 1: High-End Materials - The value of high-end CCL used in AI servers is 5-7 times higher than traditional CCL due to more layers and larger areas on AI server motherboards, as well as higher material prices [1] - The transition to M9-level CCL will require the use of Q-glass to meet dielectric performance requirements, with significant demand expected to surge starting in 2026 [2] - The supply shortage of high-end materials is expected to persist at least until the second half of 2027, prompting companies like Nitto Denko, Taishan Glass Fiber, and others to expand production [2] Group 2: HVLP Copper Foil - HVLP copper foil has evolved to HVLP4 and is expected to become the mainstream for GPU and ASIC AI PCB applications by 2026, with a significant supply gap for high-end copper foil [3] - Major suppliers in mainland China, Taiwan, and Japan are raising prices due to the supply-demand imbalance, making high-end products more valuable [3] Group 3: Electronic Resins - The new generation of resins is becoming the mainstream direction for upgrades, with a significant increase in the value of resins used in M9 CCL, particularly with a 2:1 ratio of hydrocarbon resin to PPO [4] Group 4: Fillers - The proportion of spherical silica micro-powder in M9 is expected to exceed 40%, with liquid-phase silica preparation meeting the requirements for M7 and above [5] Group 5: Other Upstream PCB Materials - Electronic-grade copper powder is essential for high-end PCB upgrades, while PCB-specific electronic chemicals are crucial for key processes like chemical copper deposition and electroplating, driving product updates and domestic substitution [6] Group 6: Investment Targets - Suggested companies to focus on include: 1) Low dielectric electronic cloth: Honghe Technology (603256.SH), Feilihua (300395.SZ), Zhongcai Technology (002080.SZ) [7] 2) HVLP copper foil: Tongguan Copper Foil (301217.SZ), Defu Technology (301511.SZ), Longyang Electronics (301389.SZ) [7] 3) Electronic resins: Dongcai Technology (601208.SH), Shengquan Group (605589.SH), Hongchang Electronics (603002.SH), Tongyu New Materials (301630.SZ) [7] 4) Fillers: Lianrui New Materials (688300.SH) [8] 5) Other upstream PCB materials: Jiangnan New Materials (603124.SH) for electronic-grade copper powder, and Tiancheng Technology (688609.SH) for PCB-specific electronic chemicals [8]

Market Overview - The chemical products sector experienced a decline of 0.55% on January 14, with Chenghe Technology leading the losses [1] - The Shanghai Composite Index closed at 4126.09, down 0.31%, while the Shenzhen Component Index rose to 14248.6, up 0.56% [1] Top Gainers in Chemical Sector - Qicai Chemical (300758) saw a significant increase of 20.01%, closing at 16.85 with a trading volume of 524,100 shares and a turnover of 832 million [1] - Changhua Chemical (301518) rose by 12.77%, closing at 44.60 with a trading volume of 124,200 shares and a turnover of 519 million [1] - Demei Chemical (002054) increased by 9.99%, closing at 8.81 with a trading volume of 420,300 shares and a turnover of 360 million [1] Top Losers in Chemical Sector - Chenghe Technology (688625) declined by 5.79%, closing at 58.71 with a trading volume of 88,500 shares and a turnover of 525 million [2] - Duofuduo (002407) fell by 4.31%, closing at 31.55 with a trading volume of 1,265,100 shares and a turnover of 404.6 million [2] - Kaisa Bio (688065) decreased by 3.97%, closing at 59.77 with a trading volume of 158,000 shares and a turnover of 965 million [2] Capital Flow Analysis - The chemical products sector experienced a net outflow of 1.757 billion from institutional investors, while retail investors saw a net inflow of 1.333 billion [2] - The top stocks with significant net inflows from retail investors include Qicai Chemical (300758) with a net inflow of 256 million [3] - Demei Chemical (002054) also had a notable net inflow of 108 million from retail investors [3]

1月14日，大连市第十七届人民代表大会第五次会议开幕，大连市人民政府代市长李强作政府工作报告。报告指出，预计2025年大 连的地区生产总值增长5.5%以上，规上工业增加值增长11.7%以上，社会消费品零售总额增长3%左右，地方级税收增长3.4%，实 际利用外资增长43.8%。 东北首个GDP破万亿元的城市要来了！ 资料显示，2024年大连的地区生产总值为9516.9亿元，以上述数据计算，大连市2025年GDP有望突破万亿元，成为东北地区首个 GDP破万亿元的城市。 除此之外，报告中多项数据表现亮眼，其中新型政策性金融工具累计投放基金23.95亿元，带动制造业投资增长3%左右、工业企 业技改投资增长14%以上。全年开复工亿元以上项目1369个，增长14.1%。文体旅商展融合发展，国内游客增长20%、旅游综合收 入增长20.4%，入境旅游人数增长70.2%。 产业布局方面，2025年大连市持续推进传统产业焕新，恒力新材料、鼎际得新材料竣工投产，奇瑞汽车KD包装中心建成运营，规 上铁路船舶增加值增长40%左右，造船完工量、在手订单量分别占全球市场7%和11.5%。新兴产业壮大，新一代信息技术产业形 成2000亿级产 ...

Group 1 - A total of 75 stocks in the A-share market experienced block trading today, with a total transaction value of 2.562 billion yuan [1] - The top three stocks by transaction value were WuXi AppTec at 929 million yuan, Changchuan Technology at 169 million yuan, and CIMC Vehicles at 152 million yuan [1] - Among the stocks, 9 were traded at par, 3 at a premium, and 63 at a discount; the highest premium rates were for Zhangqu Technology at 12.6%, Nanmo Biology at 8.17%, and Guolian Minsheng at 2.74% [1] Group 2 - The ranking of institutional buy amounts was led by WuXi AppTec at 611 million yuan, followed by Changchuan Technology at 142 million yuan and CIMC Vehicles at 112 million yuan [2] - Other notable institutional purchases included Salt Lake Co. at 76.725 million yuan and Perfect World at 75.15 million yuan [2] - The ranking of institutional sell amounts was topped by Zhongyou Technology at 37.584 million yuan, followed by Chuanheng Co. at 6.75 million yuan and Huadong Co. at 5.3075 million yuan [3]