证券代码：688300 证券简称：联瑞新材 公告编号：2026-008 江苏联瑞新材料股份有限公司 关于开立募集资金专项账户并签署募集资金专户 存储监管协议的公告 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、准确性和完整性依法承担法律责任。 根据中国证券监督管理委员会出具的《关于同意江苏联瑞新材料股份有限公 司向不特定对象发行可转换公司债券注册的批复》（证监许可〔2025〕2577 号）， 江苏联瑞新材料股份有限公司（以下简称"公司"或"联瑞新材"）向不特定对 象发行 695,000,000.00 元的可转换公司债券，期限 6 年，每张面值人民币 100 元，发行数量 6,950,000 张（695,000 手）。本次发行的募集资金总额为人民币 695,000,000.00 元，扣除发行费用总额人民币 6,345,047.16 元（不含税）后， 实际募集资金净额为人民币 688,654,952.84 元。 上述募集资金已于 2026 年 1 月 14 日全部到位，经华兴会计师事务所（特殊 普通合伙）审验并于 2026 年 1 月 15 日出具了华兴验字 ...

证券代码：688300 证券简称：联瑞新材 公告编号：2026-009 本次增资完成后，连云港联瑞的注册资本将由 35,000 万元增加至 59,000 万 元，仍为公司全资子公司。上述事项无需提交公司股东会审议，公司保荐机构国 泰海通证券股份有限公司（以下简称"保荐机构"）对本事项出具了明确的核查 意见。相关事项公告如下： 江苏联瑞新材料股份有限公司 关于使用部分募集资金向全资子公司增资 以实施募投项目的公告 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、准确性和完整性依法承担法律责任。 江苏联瑞新材料股份有限公司（以下简称"公司"或"联瑞新材"）于 2026 年 1 月 19 日召开第四届董事会第十八次会议，审议通过了《关于使用部分募集 资金向全资子公司增资以实施募投项目的议案》，同意公司使用部分募集资金 24,000 万元向全资子公司联瑞新材（连云港）有限公司（以下简称"连云港联 瑞"）增资以实施"高导热高纯球形粉体材料项目"。 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意江苏联瑞新材料股份有限公 司向不特定对象发行可转换公司债 ...

Market Overview - The non-metal materials sector experienced a decline of 0.69% on January 19, with Kuncai Technology leading the drop [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] Stock Performance - Jiangsu Materials (001296) saw a closing price of 28.80, with a rise of 3.60% and a trading volume of 84,700 shares, totaling 242 million yuan [1] - Suotong Development (603612) closed at 26.02, up 2.40%, with a trading volume of 160,500 shares, amounting to 415 million yuan [1] - Kuncai Technology (603826) closed at 16.92, down 3.31%, with a trading volume of 82,500 shares, totaling 140 million yuan [2] - Quartz Shares (603688) closed at 39.68, down 1.73%, with a trading volume of 119,000 shares, amounting to 475 million yuan [2] Capital Flow - The non-metal materials sector saw a net outflow of 141 million yuan from institutional investors, while retail investors had a net inflow of 151 million yuan [2] - The capital flow for individual stocks indicates that Jiangsu Materials had a net inflow of 5.67 million yuan from institutional investors [3] - Kuncai Technology experienced a significant net outflow of 14.96 million yuan from institutional investors, while retail investors contributed a net inflow of 8.71 million yuan [3]

Company Performance - Lianrui New Materials' stock price reached a historical high, increasing by 4.78% to 70.99 yuan, with a trading volume of 882,100 shares and a transaction amount of 61.95 million yuan, resulting in a turnover rate of 0.37% [2] - The company's latest A-share total market capitalization is 17.142 billion yuan, with a circulating market capitalization also at 17.142 billion yuan [2] - For the first three quarters, the company achieved an operating income of 824 million yuan, representing a year-on-year growth of 18.76%, and a net profit of 220 million yuan, with a year-on-year increase of 19.01% [2] - The basic earnings per share is 0.9100 yuan, and the weighted average return on equity is 14.05% [2] Industry Overview - The basic chemical industry, to which Lianrui New Materials belongs, has an overall decline of 0.28%, with 178 stocks rising, including Jin Hua New Materials, Yongtai Technology, and Fengmao Co., which increased by 6.00%, 5.55%, and 5.15% respectively [2] - Conversely, 234 stocks in the industry experienced declines, with three stocks, including Shenjian Co. and Jinpu Titanium Industry, hitting the daily limit down [2] Margin Trading Data - As of January 16, the latest margin trading balance for Lianrui New Materials is 400 million yuan, with a financing balance of 399 million yuan, reflecting an increase of 61.6389 million yuan over the past 10 days, which is a growth of 18.24% [2]

Core Viewpoint - The report highlights the current trends in the chemical industry, focusing on price movements, supply-demand dynamics, and investment opportunities in undervalued leading companies amid a backdrop of strong downstream demand and geopolitical tensions [1][3][7]. Industry Dynamics - In the week of January 12-18, 49 out of 100 tracked chemical products saw price increases, while 20 experienced declines, and 31 remained stable. The average price of 49% of products rose month-on-month, while 39% fell [2]. - The average price of WTI crude oil futures increased by 0.54% to $59.44 per barrel, and Brent crude oil futures rose by 0.66% to $63.76 per barrel during the same week [3]. - As of January 9, U.S. crude oil production averaged 13.753 million barrels per day, a decrease of 58,000 barrels from the previous week but an increase of 2.72 million barrels compared to the same period last year [3]. Price Movements - The price of butadiene rose to 9,663 yuan per ton, up 4.04% week-on-week and 25.98% month-on-month, although it is down 20.8% year-on-year [4]. - Epoxy propane prices increased to 8,620 yuan per ton, reflecting an 8.84% rise week-on-week and a 9.88% increase year-on-year [5][6]. Investment Recommendations - As of January 18, the price-to-earnings (P/E) ratio for the basic chemical sector is 14.68, while the oil and petrochemical sector stands at 13.44, indicating potential investment opportunities in undervalued leading companies [7]. - The report suggests focusing on sectors benefiting from strong downstream demand, including electronic materials and certain new energy materials companies, as well as companies that are well-positioned amid supply-side reforms [7]. - Recommended stocks include Wanhua Chemical, Hualu Hengsheng, and others, with a focus on companies in emerging fields such as semiconductor materials and OLED materials [7][8].

Investment Rating - The report maintains a "Strong Buy" rating for the oil and petrochemical sector [1]. Core Viewpoints - The uncertainty in the Middle East has increased, leading to a short-term strong fluctuation in oil prices. WTI crude futures closed up by 1.02% and Brent oil futures by 1.87% during the week of January 9 to January 16, 2026 [6]. - Geopolitical tensions, particularly involving Iran and the U.S., are significant factors affecting oil prices. Iran's oil inventory has reached record levels, equivalent to about 50 days of production, due to Western sanctions [6]. - The fluorochemical sector is expected to maintain high prosperity due to supply quota constraints and favorable demand driven by policy support. The production quota for HFCs in 2026 has increased by 5,963 tons year-on-year [6]. Summary by Sections Oil and Petrochemical - The report highlights the increased uncertainty in the Middle East, which is likely to impact oil prices in the short term. The geopolitical situation, including U.S. sanctions and military movements, is a critical factor [6][7]. - The report notes that domestic oil companies are diversifying their oil sources and integrating upstream and downstream operations to mitigate the impact of volatile international oil prices [7]. Fluorochemical - The fluorochemical sector is experiencing a favorable environment due to supply constraints and policy-driven demand. The production quotas for HFCs have been adjusted, with significant increases in specific categories [6][7]. - The report indicates that the demand for refrigerants is expected to grow, supported by national subsidy policies, with production of household air conditioners projected to increase by 11% year-on-year in January 2026 [6]. Semiconductor Materials - The semiconductor materials sector is on an upward cycle, with improving fundamentals and domestic substitution trends. The report suggests that there is potential for further price increases in this sector [7].

上市公司：长江材料（001296），力量钻石（301071），索通发展（603612），石英股份（603688）， 坤彩科技（603826），龙高股份（605086），联瑞新材（688300），齐鲁华信（830832），秉扬科技 （836675），天马新材（838971），东方碳素（832175），宁新新材（839719） 2016-2025年1-11月非金属矿物制品业企业数统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 相关报告：智研咨询发布的《2026-2032年中国稀有金属矿产行业市场调研分析及未来前景分析报告》 2025年1-11月，非金属矿物制品业企业数（以下数据涉及的企业，均为规模以上工业企业，从2011年 起，规模以上工业企业起点标准由原来的年主营业务收入500万元提高到年主营业务收入2000万元）为 50446个，和上年同期相比，减少了120个， ...

上市公司：长江材料（001296），力量钻石（301071），索通发展（603612），石英股份（603688）， 坤彩科技（603826），龙高股份（605086），联瑞新材（688300），齐鲁华信（830832），秉扬科技 （836675），天马新材（838971），东方碳素（832175），宁新新材（839719） 数据来源：国家统计局，智研咨询整理 相关报告：智研咨询发布的《2026-2032年中国稀有金属矿产行业市场调研分析及未来前景分析报告》 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 2025年1-11月，非金属矿采选业企业数（以下数据涉及的企业，均为规模以上工业企业，从2011年起， 规模以上工业企业起点标准由原来的年主营业务收入500万元提高到年主营业务收入2000万元）为4056 个，和上年同期相比，减少了113个，同比下降2.71%，占工业总企业的比重为0.77%。 2016- ...

Group 1 - The non-metal materials sector increased by 0.55% on January 16, with Lianrui New Materials leading the gains [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] - Lianrui New Materials had a closing price of 67.75, up 4.80%, with a trading volume of 84,900 shares and a transaction value of 565 million yuan [1] Group 2 - The non-metal materials sector experienced a net outflow of 18.35 million yuan from institutional funds and 15.77 million yuan from retail funds, while individual investors saw a net inflow of 34.12 million yuan [2] - The trading data for individual stocks in the non-metal materials sector shows varied performance, with Lianrui New Materials and Changjiang Materials seeing significant trading volumes and price changes [2][3] - Lianrui New Materials had a net outflow of 24.34 million yuan from institutional funds, while Changjiang Materials saw a net inflow of 17.35 million yuan [3]

Group 1 - The core point of the news is that Lianrui New Materials Co., Ltd. experienced a stock price increase of 5.17%, reaching 67.99 CNY per share, with a total market capitalization of 16.417 billion CNY [1] - The company, established on April 28, 2002, and listed on November 15, 2019, specializes in the research, manufacturing, and sales of inorganic fillers and granular carrier products [1] - The main revenue composition of the company includes spherical inorganic powder at 57.16%, angular inorganic powder at 26.39%, and other products at 16.32% [1] Group 2 - According to data, a fund under People's Insurance Asset has heavily invested in Lianrui New Materials, with the People's Insurance Select Mixed A Fund (005041) increasing its holdings by 9,870 shares, totaling 45,000 shares, which represents 3.04% of the fund's net value [2] - The People's Insurance Select Mixed A Fund has achieved a year-to-date return of 8.42% and a one-year return of 39.62%, ranking 1541 out of 8847 and 3227 out of 8094 in its category, respectively [2] - The fund manager, Wu Ruozong, has been in position for 3 years and 63 days, with the best fund return during his tenure being 69.55% [3]