证券代码：920098 证券简称：科隆新材 公告编号：2026-001 陕西科隆新材料科技股份有限公司 持股 5%以上股东减持股份结果公告 本公司及董事会全体成员及相关股东保证公告内容不存在虚假记载、误导性 陈述或重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 一、 减持主体减持前基本情况 （一） 股东因以下原因披露减持计划实施结果： √减持计划实施完毕 □减持时间区间届满 | 股 | | 减持数 | 减 | | | | | 减持 | 当前 | 当前 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 东 | 减持数 | 量占总 | 持 | 减持 | | 减持价 | 已减持 总金额 | 计划 | 持股 | 持股 | | 名 | 量（股） | 股本比 | 方 | 期间 | | 格区间 | （元） | 完成 | 数量 | 比例 | | 称 | | 例（%） | 式 | | | | | 情况 | （股） | （%） | | 合 | 800,000 | 0.9838% | 集 | 2025 年 | 10 | 26. ...

证券代码：920098 证券简称：科隆新材 公告编号：2025-135 陕西科隆新材料科技股份有限公司 持股 5%以上股东权益变动达到 1%的提示性公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 陕西科隆新材料科技股份有限公司（以下简称"公司"）于 2025 年 12 月 29 日收到上海秉原旭股权投资发展中心（有限合伙）（以下简称"上海秉原旭"） 出具的《股份减持进展告知函》，上海秉原旭于 2025 年 12 月 12 日至 2025 年 12 月 29 日期间通过集中竞价累计减持公司股份 673,647 股，持有公司股份比例 从 5.3282%减少至 4.4998%，其与一致行动人新余秉鸿创业投资管理中心（有限 合伙）（以下简称"新余秉鸿"）合计持有公司股份比例从 6.8268%减少至 5.9984%， 权益变动触及 1%的整数倍的情形。现将其有关权益变动情况公告如下： 一、基本情况 | 信息披露义务人 | 上海秉原旭、新余秉鸿 | | | | --- | --- | --- | --- | ...

Group 1: Policy and Industry Development - The Shanghai Stock Exchange has introduced new listing standards for commercial rocket companies, facilitating their entry into the Sci-Tech Innovation Board during a critical period of commercialization [6][7]. - The National Space Administration has issued a plan to promote high-quality and safe development of commercial aerospace, outlining 22 key measures to support the industry [7][9]. - In Q1-Q3 2025, China conducted 17 commercial space launches, with projections indicating that the commercial aerospace market could exceed 9 trillion yuan by 2030 [16][28]. Group 2: Market Performance and Trends - The average stock price change for technology growth stocks on the Beijing Stock Exchange was -2.24% from December 22 to December 26, 2025, with notable increases in companies like Guangdao Tui (+74.8%) and Fangsheng Co. (+15.97%) [2][3]. - The average price-to-earnings (P/E) ratio for the automotive industry on the Beijing Stock Exchange decreased to 30.6X, while the electronic equipment sector's P/E ratio fell to 55.9X [2][3]. - The commercial aerospace industry is experiencing a structural shift, with the proportion of commercial launches increasing from approximately 13% in 2020 to over 60% in 2024, indicating a growing role of commercial entities in driving industry growth [27][32]. Group 3: Key Companies in Commercial Aerospace - The report identifies 13 core companies in the commercial aerospace sector on the Beijing Stock Exchange, including software systems like Xingtou Measurement and Control, and component manufacturers such as Tianli Composite and Fujida [50][56]. - Notable companies in the aerospace materials sector include Jilin Carbon Valley, Minshida, and Kelong New Materials, which are contributing to advancements in high-performance materials [56]. - The report highlights the competitive landscape, with private companies like Blue Arrow Aerospace and Xingshe Power making significant strides in rocket development and launch services [42][45].

Group 1: Focus on Overseas Business Development - Many listed companies are experiencing increased institutional interest in their overseas business performance and expansion strategies [1] - Tongli Co. reported stable operations in overseas markets but acknowledged a gap between current achievements and targets, planning to enhance overseas market efforts in the coming years [1] - Gaisi Foods has balanced domestic and international sales, reaching nearly 70 countries and regions, and aims to strengthen both overseas channels and domestic market investments [1] Group 2: Acquisition Strategies - Aweit's acquisition of German company Keuerleber GmbH is aimed at deepening global presence and expanding overseas markets, leveraging Europe's manufacturing expertise [2] - The acquisition is also a strategic move to mitigate market risks by diversifying export channels and reducing reliance on a single market [2] Group 3: Layout in Hot Sectors - Companies are focusing on smart manufacturing, with Guangsha Huaneng investing in automation technologies to enhance efficiency and reduce costs [3] - Kelong New Materials is developing liquid cooling systems with advanced materials, aiming to meet the demands of data centers and computing power [3] Group 4: Capacity Enhancement - Huayuan Co. is improving production capacity through technological upgrades and the construction of a smart manufacturing base, expected to be completed by October 2025 [4] - Jiexian Co. is implementing a dual strategy of stabilizing traditional business while expanding new business areas, including the development of acetylacetone salt products [4][5] Group 5: Profitability Concerns - Guangsha Huaneng highlighted potential revenue and profit fluctuations due to industry cycles and project progress, indicating uneven quarterly performance [6] - Haosheng Electronics sees opportunities in diverse applications for its micro-acoustic components, driven by advancements in AI and emerging technologies [6]

Core Insights - Recent institutional research activities indicate a strong focus on the performance, asset acquisitions, and strategic positioning of companies in popular sectors [1] Group 1: Overseas Business Development - Companies are increasingly focusing on overseas market expansion, with Tongli Co. reporting stable operations in international markets but acknowledging a gap between current performance and targets [2] - Tongli plans to enhance its overseas market efforts, viewing it as a key growth area, while prioritizing quality and profitability over mere scale [2] - Gaisi Foods has achieved a balanced sales distribution between domestic and international markets, selling products in nearly 70 countries, and aims to strengthen both overseas and domestic market channels [2] Group 2: Strategic Acquisitions - Awei Te's acquisition of German company Keuerleber GmbH is aimed at deepening global presence and mitigating market risks by diversifying export channels [3] - The acquisition is expected to enhance customer loyalty and satisfaction while leveraging regional advantages to expand overseas business [3] Group 3: Focus on Hot Sectors - Companies are being scrutinized for their positioning in trending sectors, with Guangsha Environmental Energy investing in automation and smart manufacturing to improve efficiency and reduce costs [4] - Kelong New Materials is advancing its liquid cooling systems, with products designed for extreme temperature ranges and undergoing development for new applications in data centers [4] Group 4: Capacity Enhancement - Huayuan Co. is enhancing production capacity through technological upgrades and the construction of a smart manufacturing base, expected to be completed by October 2025 [5] - Jiexian Co. is implementing a dual strategy of stabilizing traditional business while expanding emerging sectors, particularly in photolithography materials [5] Group 5: Profitability Concerns - Companies are facing scrutiny regarding their revenue and profit forecasts for the fourth quarter, with Guangsha Environmental Energy noting potential fluctuations due to industry cycles and project progress [6] - Haosheng Electronics highlights its diverse application scenarios in consumer electronics and emerging technologies, indicating a broad market potential [6][7]

Group 1 - The new stock and newly listed sector continues to exhibit a speculative trend, with localized highlights becoming more pronounced. The current adjustment cycle has lasted nearly four months, and the negative impact from the failure to reach a bottom in early December is expected to have been digested over the past few weeks. A turning point for this adjustment cycle may be approaching [1][2][13] - The average increase in the new stock sector since the beginning of 2024 is approximately 1.2%, with about 60.1% of stocks achieving positive returns, indicating a recovery from the previous week’s average decline of -2.0% [1][13][28] - External catalysts are increasing, including the central bank's encouragement to raise long-term capital investment in A-shares, which may boost overall market risk appetite. Additionally, the Shanghai Stock Exchange's new listing standards for commercial aerospace companies may enhance trading enthusiasm in current popular themes [2][13] Group 2 - The focus remains on technology sectors, particularly in areas such as AI computing power, robotics, and commercial aerospace, which have significant long-term growth potential. Continuous attention and active search for emerging hotspots within these sectors are recommended [3][13] - For sectors that are currently popular, it is advised to manage the rhythm of adjustments and consider rotational investments, including innovative pharmaceuticals, new energy, new consumption, and non-ferrous chemicals [3][13] Group 3 - Upcoming new stocks include Qiangyi Co., Yufan Technology, Shuangxin Environmental Protection, and Hengdong Light [4][33] - Last week, three new stocks were available for online subscription, with an average issuance price-earnings ratio of 18.7X and an average subscription success rate of 0.0210% [5][21] - The average first-day increase for newly listed stocks last week was approximately 265%, indicating sustained high trading enthusiasm, although this was a slight decrease from the previous week’s average of 343% [5][25][26]

Group 1 - The 3D printing industry is rapidly rising, with commercial aerospace expected to become the main demand driver. The technology offers advantages such as quick production, low costs, and high precision, fundamentally changing traditional manufacturing processes [3][11][21] - The 3D printing market in China is projected to reach 45.7 billion yuan by 2025, more than doubling from 20.8 billion yuan in 2020 [23][26] - Aerospace is a core application area for 3D printing, particularly in the manufacturing of rocket engines, where it can significantly reduce costs. SpaceX has already implemented this technology extensively [3][21] Group 2 - The chemical new materials sector on the North Exchange experienced a slight decline of 0.26% this week, with various sub-sectors showing mixed performance [4][39] - Key stocks in the chemical new materials sector that performed well this week include Kolon New Materials (+9.28%), Litong Technology (+7.11%), and Tiangong Co. (+6.42%) [44][46] Group 3 - Andar Technology will conduct maintenance on part of its lithium iron phosphate production lines starting January 1, 2026, which is expected to reduce production by 3,000 to 5,000 tons but will not significantly impact operations [5][79] - Kolon New Materials has made progress in liquid cooling systems, with core components certified by key customers, indicating a strong focus on material technology and collaboration within the low-altitude economy [5][80] Group 4 - Tiangong Co. is a leading player in the titanium and titanium alloy industry, focusing on R&D and production innovation. The company plans to build a new titanium alloy powder production line with an annual capacity of 1,000 tons to serve various sectors including aerospace and medical devices [3][34] - The global market for 3D printing materials is expected to reach 2.99 billion USD by 2025 and 8.1 billion USD by 2030, driven by demand from aerospace, medical devices, and automotive manufacturing [25][31]

Group 1 - In the past month (from November 27 to December 26), 24 companies listed on the Beijing Stock Exchange (BSE) were investigated by institutions, with Kelong New Materials receiving the most attention from 33 participating institutions [1] - The types of institutions conducting the research included 24 brokerages, 11 funds, 8 private equity firms, 2 overseas institutions, and 1 insurance company [1] - Kelong New Materials led the investigation list, followed by Lingge Technology, Xingchen Technology, and Zhu Laoliu, with 29, 26, and 18 participating institutions respectively [1] Group 2 - The average stock price of the investigated BSE companies increased by 3.60% over the past month, with 15 stocks rising, notably Xingchen Technology, Kelong New Materials, and Suzhou Axle, which rose by 31.71%, 24.33%, and 15.04% respectively [2] - The average daily turnover rate for the investigated companies was 5.41%, with the highest turnover rates recorded for Gaisi Food, Zhu Laoliu, and Tietuo Machinery at 15.41%, 14.36%, and 13.79% respectively [2] - As of December 26, the average market capitalization of all BSE companies was 3.074 billion yuan, while the average market capitalization of the investigated companies was 3.29 billion yuan, with leading companies including Kaifa Technology, Lierda, and Guohang Ocean [2] Group 3 - Haosheng Electronics had the most frequent investigations, receiving 3 inquiries, while Kelong New Materials and Xici Technology were also frequently investigated, each receiving 2 inquiries [3] - Other companies with multiple investigations included Xinweiling and Leishen Technology, each receiving 2 inquiries [3] - The investigation data indicates a diverse interest across various sectors, including electronics, non-ferrous metals, and machinery [3]

陕西科隆新材料科技股份有限公司 投资者关系活动记录表 证券代码：920098 证券简称：科隆新材 公告编号：2025-134 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 □现场参观 □新闻发布会 1 问题 1：请介绍公司耐烧蚀橡胶材料的主要技术特点、性能优势及其解决的 核心痛点。 □分析师会议 □路演活动 √其他 （线上会议） 二、 投资者关系活动情况 活动时间：2025 年 12 月 24 日 活动地点：上海市浦东区文华东方酒店 参会单位及人员：西部证券、汇添富基金、上汽金控、江海证券、东北证券、 国泰海通证券、山西证券、中山证券、上海昱弘资产管理有限公司、富安达资产 管理（上海）有限公司、富达基金管理（中国）有限公司、北京珺州私募基金管 理有限公司、国泰海通证券股份有限公司、圆信永丰基金、宁银理财有限责任公 司、宏颐资本、盈科汇金、荣信泰 上市公司接待人员：副总经理兼董事会秘书任瑞婷女士 三、 投资者关系活动主要内容 回答：公司 ...

Group 1 - The rubber sector experienced a rise of 0.56% on December 25, with Kolon New Materials leading the gains [1] - The Shanghai Composite Index closed at 3959.62, up 0.47%, while the Shenzhen Component Index closed at 13531.41, up 0.33% [1] - Kolon New Materials had a closing price of 33.20, with a significant increase of 7.37%, and a trading volume of 59,200 shares, amounting to a transaction value of 194 million yuan [1] Group 2 - The rubber sector saw a net outflow of 141 million yuan from institutional investors, while retail investors contributed a net inflow of 107 million yuan [2] - The trading data indicates that Kolon New Materials had a net outflow of 31 million yuan from institutional investors, despite a net inflow of 742,970 yuan from speculative funds [3] - Other companies like Fengmo Co. and Zhongyu Technology also showed varied net inflows and outflows from different investor categories [3]