Overview - The BOPP capacitor film market in China is experiencing significant growth, with production expected to reach 193,900 tons in 2024, a year-on-year increase of 7.60% [1][11] - Demand for BOPP capacitor film is projected to be 181,800 tons in 2024, reflecting a growth of 7.83% [1][11] - The market size is anticipated to reach 7.994 billion yuan in 2024, marking a 15.67% increase compared to the previous year [1][11] Development Background - Recent government policies have supported the development of the electronic industry, creating a favorable environment for the BOPP capacitor film sector [5] - The rapid growth of industries such as new energy vehicles, photovoltaics, and wind power has led to an increasing demand for capacitor films [5] - Rising household income levels are boosting consumer demand for various electronic products, further driving the growth of the BOPP capacitor film market [5] Industry Chain - The upstream of the BOPP capacitor film industry includes suppliers of polypropylene and additives, while the midstream involves the production of BOPP capacitor films [7] - The downstream market primarily consists of film capacitor manufacturing, with increasing applications in emerging fields like 5G communication and the Internet of Things [7] Current Market Status - The BOPP capacitor film market is closely tied to the film capacitor market, which is projected to reach a market size of 25.1 billion yuan in 2024, growing by 15.67% [9][11] - BOPP capacitor films are essential materials for film capacitors, which are widely used in various sectors including new energy vehicles and household appliances [9] Competitive Landscape - The BOPP capacitor film industry is characterized by high technical and equipment barriers, with a limited number of international equipment manufacturers [13] - Domestic companies have developed significant production scales and R&D capabilities, with key players including Hebei Haiwei Electronic New Materials, Zhejiang Dadongnan, and Aerospace Rainbow [13][16] - Hebei Haiwei is recognized as a leading company in the BOPP capacitor film sector, having developed ultra-thin capacitor films with advanced properties [14][16] Future Trends - The demand for high-end BOPP capacitor films, such as ultra-thin and high-temperature resistant types, is expected to grow as industries evolve [20] - Companies will increase R&D investments to enhance technology and develop products that meet high-end application requirements [20] - There will be a greater emphasis on green production practices and recycling of used capacitor films to promote sustainable development in the industry [20]

作者： 分析师 孙潇雅 SAC执业证书编号：S1110520080009 分析师 杨志芳 SAC执业证书编号：S1110524120004 1 行业评级： 上次评级： 强于大市 强于大市 维持 （ 评级） 请务必阅读正文之后的信息披露和免责申明 证券研究报告 2025年05月03日 行业报告： 行业深度研究 电力设备︱海缆行业报告 中欧海风需求共振，25年有望迎来业绩&订单双重催化 摘要 请务必阅读正文之后的信息披露和免责申明 2 ◼ 当前时间点海风板块推荐排序大幅提前。从板块的横向对比看：国内链多数产业仍在经历供给过程的深度洗牌，而出海链受中美贸易摩擦影响较 大，我们预计海风有望成为新能源中为数不多明年有50%+增速的细分赛道，与中美贸易摩擦无关，并且国内及海外对海上风电的政府规划及政策 支持力度边际持续改善，本轮海风装机将迎来国内及欧洲需求共振，积压海风项目装机及订单即将放量。从近年海缆订单看，头部厂商优势明显， 同时产品结构中高压直流及出口订单量利齐升，进一步提升龙头竞争优势。 ◼ 1、国内海风：25年将开启新一轮装机景气度。海风具有风资源更好、利用小时更高、靠近传统电力负荷中心，且出力曲线与用电负荷曲 ...

Group 1 - The core viewpoint of the news is that China Electric Power Construction Group Central South Survey and Design Institute Co., Ltd. has applied for a patent for an offshore wind power direct current transmission system and its fault clearance method, indicating innovation in the renewable energy sector [1] - The patent application was filed on January 2025, and the publication number is CN119906079A, showcasing the company's ongoing commitment to technological advancement in offshore wind energy [1] - The patented system includes components such as offshore wind farms, offshore converter stations, and onshore converter stations, designed to enhance the stability and economic efficiency of offshore wind power direct current transmission [1] Group 2 - China Electric Power Construction Group Central South Survey and Design Institute Co., Ltd. was established in 1994 and is located in Changsha, primarily engaged in professional technical services [2] - The company has a registered capital of 135 million RMB and has invested in 88 enterprises, demonstrating its active role in the industry [2] - The company has participated in 5,000 bidding projects and holds 1,947 patents, indicating a strong focus on innovation and intellectual property [2]

内容概要：当前，中国海上制氢产业取得重要突破，正加速从示范验证向规模化商业应用转型，呈现多 维度突破的发展态势：在商业化应用方面，舟山氢能岛作为国内首个LOHC储运商业化项目已实现年产 5000吨氢的稳定运行；在技术创新领域，"海氢1号"全球首个深远海制氢平台即将试运行，其自主开发 的抗氯腐蚀技术达到国际领先水平；在产业链整合上，粤港澳氢走廊规划年产10万吨，致力于打造全球 首个集海上风电、制氢、管网输送于一体的全产业链示范工程。未来将通过技术迭代、场景拓展和产业 生态构建，实现从近海到远海的能源枢纽布局，最终形成全球领先的氢基能源网络。 上市企业：中国海油（600938.SH）、中国石化（600028.SH）、明阳智能（601615.SH）、深圳能源 （000027.SZ） 相关企业：国家能源投资集团有限责任公司、中国科学院大连化学物理研究所、烟台中集来福士海洋工 程有限公司、中国长江三峡集团有限公司、山东赛克赛斯氢能源有限公司、山东发展新能源有限公司 关键词：海水制氢、海上风电、电解槽、海水制氢产业链、海水制氢发展现状、海水制氢市场格局、海 水制氢发展趋势 一、海水制氢行业相关概述 海上制氢是指利用海洋环 ...

经营情况来看，2024年，吉鑫科技归属于上市公司股东的净利润有所下滑，销售费用则大幅上升。公司 在财报中提及，销售费用增加是因为支付Vernova售后服务费所致。 吉鑫科技2025年一季度财报显示，归属于上市公司股东的净利润同比有大幅增长。对此，朱陶芸解 释，"一季度净利润增长来自两个业务板块的收入和利润增长，一是宏润风电的发电量一季度由于风速 较好，发电量高于去年，收入和利润都有增长；二是铸件板块的业务增长，受国内风电行业政策影响， 一季度的发货量较去年增长较多，从而利润增长幅度较大。第二季度因为进入夏季，风场的发电量会逐 渐进入一年中的'小风'月。目前，铸件业务国内外市场稳定。" "虽然去年支付Vernova售后服务费用较多，但是，公司自有资金充足，资产负债率为不到22%，且有充 足的银行信用额度尚未启用，不存在现金流紧张的风险。公司在日常运营活动中紧盯回款维持正向的净 现金流入.始终保持现金流为正以及稳健的资金管理原则，为后续发展积蓄动能。"吉鑫科技董事、财务 总监、董事会秘书杨扬在业绩说明会中对《证券日报》记者介绍。 杨扬告诉《证券日报》记者，公司始终将对投资者的合理回报放在重要位置，致力于通过稳健的 ...

江苏海力风电设备科技股份有限公司 证券简称：海力风电 海 力 4 年度业绩说明会 投资者活动记录表 编 | | □特定对象调研 | □分析师会议 | 430 | | --- | --- | --- | --- | | 投资者关系活动 | □媒体采访 | √业绩说明会 | | | 类别 | □新闻发布会 | □路演活动 | | | | □现场参观 | □电话会议 | | | | □其他： | | | | 参与单位名称 | 海 | | | | 及人员姓名 | 力 | | | | | 4年度业绩说明会采用网络远程方式进行，面向全体投资者 月 | | | | 时间 | 3 | | | | 地点 | 深圳证券交易所"互动易平台"http://irm.cninfo.com.cn"云访谈"栏目 | | | | | 董事长：许世俊 | | | | 公司接待人员 | 董事、总经理：沙德权 | | | | | 董秘、副总经理：于鸿镒 | | | | 姓名 | 财务总监：宗斌 | | | | | 独立董事：丁杨莉 | | | | | 1.行业以后的发展前景怎样？ | | | | | 答：尊敬的投资者，您好！随着航道、用海冲突等问题 ...

推荐（维持） 股价：11.98 元 主要数据 电力设备及新能源 2025 年 04 月 30 日 日月股份(603218.SH) 终端需求旺盛，量利齐升可期 | 行业 | 电力设备及新能源 | | --- | --- | | 公司网址 | www.riy uehi.com | | 大股东/持股 | 傅明康/25.29% | | 实际控制人 | 傅明康 | | 总股本(百万股) | 1,031 | | 流通 A 股(百万股) | 1,027 | | 流通 B/H 股(百万股) | | | 总市值（亿元） | 123 | | 流通 A 股市值(亿元) | 123 | | 每股净资产(元) | 9.94 | | 资产负债率(%) | 27.3 | 行情走势图 证券分析师 皮秀 投资咨询资格编号 S1060517070004 PIXIU809@pingan.com.cn 事项： 公司发布 2024 年年报和 2025 年一季报，2024 年实现营收 46.96 亿元，同比 增长 0.87%，归母净利润 6.24 亿元，同比增长 29.55%，扣非后净利润 3.33 亿元，同比减少 21.57%；EPS 0.61 元， ...

证券代码：300904 证券简称：威力传动 银川威力传动技术股份有限公司 投资者关系活动记录表 编号：2025-006 投资者关系活 动类别 □特定对象调研 □媒体采访 □新闻发布会 □现场参观 □分析师会议 □业绩说明会 □路演活动 ☑ 其他：线上会议 参与单位名称 及人员姓名 国泰海通、东方红资产管理 时间 2025 年 4 月 29 日 地点 线上会议 上市公司接待 人员姓名 副总裁、董事会秘书周建林先生 投资者关系活 动主要内容介绍 一、介绍公司概况 副总裁、董事会秘书周建林先生向与会的机构投资者简要介绍 了公司的发展历程，重点讲解了公司的主营业务及核心产品。 威力传动于 2003 年成立于宁夏银川，现有员工千余人。主营业 务为风电专用减速器和增速器的研发、生产和销售，主要产品包括 风电偏航减速器、风电变桨减速器、风电增速器、新能源车辆三合 一驱动总成、工程机械车辆各类减速器、光热回转驱动、三相异步 电机和永磁电机等，致力于为新能源产业提供精密传动解决方案。 2023 年 8 月公司正式登陆深交所创业板。 公司深耕精密传动领域二十余年，凝聚了行业优秀人才，积累 了丰富的经验技术，凭借较强的产品研发能力 ...

中船科技：子公司拟投资约54.89亿元建设清洁能源基地项目 智通财经4月29日电，中船科技(600072.SH)公告称，公司子公司拟投资建设山东省日照清洁能源基地项 目和吉林省通榆清洁能源基地一期项目，总投资金额预计约为54.89亿元。项目将促进风电主机装备与 电站系统集成融合发展。 ...

Core Viewpoint - The company, Huibei New Materials, reported a significant increase in revenue and profit in both its 2024 annual report and 2025 Q1 report, driven by strong market demand for its epoxy resin products, particularly in the wind power sector [1][2][3]. Financial Performance - In 2024, the company achieved a revenue of 1.42 billion yuan, a year-on-year increase of 3.04% [1] - The revenue from epoxy resin for wind turbine blades was 1.096 billion yuan, while new composite materials and electronic insulation epoxy resin generated revenues of 234 million yuan and 86 million yuan, reflecting increases of 32.84% and 13.96% respectively [1] - In Q1 2025, the company reported a revenue of 493 million yuan, a remarkable year-on-year growth of 148%, and a net profit of 8.82 million yuan, marking a turnaround from losses [1][3]. Market Position and Product Development - Huibei New Materials is a leading player in the specialty modified epoxy resin sector, with a strong focus on wind power applications [2] - The company has established a solid customer base, including major domestic wind turbine manufacturers, and has received positive feedback for its products [2] - The company has expanded its product line to include various types of epoxy resins, which has contributed to steady revenue growth [3]. Industry Trends - The deep-sea wind power sector is expected to become a key growth area, with government initiatives promoting floating offshore wind projects [4] - China is projected to maintain its leadership in offshore wind power, with new installed capacity expected to exceed 4 GW in 2024, accounting for over 50% of the global market share [4] - The domestic wind power market is anticipated to reach new highs, with new installations expected to hit 110 GW to 120 GW in 2025 [4]. Capacity Expansion - The company is accelerating its capacity expansion to meet rising market demand, with a new factory in Zhuhai set to produce 82,000 tons of new electronic materials annually [5] - The Zhuhai project, with an investment of approximately 400 million yuan, will also introduce high-end LED packaging materials and functional high-purity solid epoxy resins [5] - The growth in demand for core products in wind power, electronic components, and transportation is expected to further enhance the company's growth potential [5].