4 conc 0 6 4 6 A 陈玮 ◎记者 何漪 "投资不是简单的资金注入，创投机构需要为创新创业企业提供全方位支持，长期陪伴企业成长。"近 日，东方富海董事长陈玮在接受上海证券报记者采访时表示，创投行业受到的重视程度日益提升，顶层 设计在持续发力，创投行业正被推向"C位"。 当前，科技人才是推动新兴产业、未来产业发展的重要力量，但其中大部分属于技术型专家，在企业运 营管理、市场开拓、财务管理、供应链整合等方面存在短板。陈玮表示，创投机构应当好"陪驾员"，提 供综合服务，帮助他们补好短板。展望"十五五"，东方富海将坚定投早、投小、投硬科技战略，持续进 化投资管理能力，当好中国创新生态的坚定共建者。 顶层设计将创投推向"C位" "十五五"规划建议提出，"创新监管方式，发展创业投资"。创业投资"风险共担，利益共享"的特征，与 科技创新的风险特性高度适配。新一轮科技革命和产业变革在深入推进，对创投行业支持科技创新提出 了更高也更为迫切的要求。 "创业投资被写进'十五五'规划建议，激动人心，也给行业带来了重要变化。"陈玮表示，"创投的使命必 须和国家的需要绑在一起，创投既要赚钱，更要为国家所用，坚定支持人工智能、 ...

【DT新材料】 获悉，1月21日， 韩建河山 发布公告称，公司正在筹划以发行股份及支付现金的方式，收购 辽宁兴福新材料股份有限公司 （下称兴福新材）52.51%的股份，涉及 交易对方为陈旭辉、高巷涵、郭振伟以 及营口福兴同创企业管理中心（有限合伙）等，具体金额未知。 兴福新材 是一家新三板挂牌公司（2024年），成立于2014年7月29日，注册资本约2.21亿元，法定代表人为 郭振伟，注册地址位于辽宁省营口市。值得一提的是，2024年， 中化资本 创投旗下中化兴发（湖北）高新产 业基金完成对其战略投资，持股 1.9099%。 公司专注于芳香族产品的研发、生产和销售，主要产品包括 新一代特种工程塑料聚醚醚酮（PEEK）中间体、 农药及医药中间体和PEEK纯化业务等 ，现 已打通苯胺、对甲苯胺、氢氟酸——氟苯、对氟甲苯——对氟苯甲 酰氯、对氟苯甲醛——DFBP完整产业链。 | 产品/服务 系列 | 产品/服务名称 | 产品化学分子式 | 应用领域 | | --- | --- | --- | --- | | PEEK 中间 体系列 | 4,4'-二氟二苯甲酮 (DFBP) | | 合成 PEEK 的核心原材料,PE ...

Core Viewpoint - Guosheng Technology (603778.SH) experienced a significant price rebound after five consecutive trading halts, closing at 18.01 yuan per share, with a total market capitalization of 11.83 billion yuan. The stock had previously surged by up to 700% since last year, becoming a market "star stock" [2]. Group 1: Company Developments - On January 21, Guosheng Energy, the major shareholder of Guosheng Technology, announced a comprehensive strategic cooperation agreement with Panshi Investment Group, focusing on areas such as private placement issuance, solid-state battery project implementation, and the establishment of industrial funds [2]. - The cooperation aims to create a dual-driven development model for Guosheng Energy's industry and capital, emphasizing complementary advantages and deep collaboration [2]. Group 2: Market Reactions and Financial Performance - Despite the announcement of the strategic cooperation, Guosheng Technology's stock price remained at the daily limit down on the same day, indicating skepticism in the market regarding the perceived benefits of the news [2][3]. - Guosheng Technology's earnings forecast revealed that the company is expected to incur a net loss of between 325 million yuan and 650 million yuan for the fiscal year 2025, primarily due to structural overcapacity in the photovoltaic industry and ongoing supply-demand imbalances [3]. - The company also indicated that it would recognize inventory impairment and long-term asset impairment provisions, which significantly impacted its operating performance for the reporting period [3].

东海证券指出，新材料领域如特种工程塑料（2023-2028年CAGR7.2%）和AI配套材料（散热材料2034 年规模超70亿美元）将成为增长亮点，但需关注地缘政治（原油供应核心变量）及技术突破节奏对行业 分化的影响。 （文章来源：21世纪经济报道） 消息面上，据中国化工报，目前，全球塑料添加剂市场正处于上升轨道，但近年来受经济和地缘政治挑 战影响，市场也出现了波动。不过，标普全球商品洞察公司特化品更新项目发布的最新《特种化学品行 业概述》报告显示，2024至2029年全球塑料添加剂消费量预计将以 3.2%的复合年增长率继续增长。此 轮塑料添加剂的消费增长与汽车、航空、电子、医疗和建筑等塑料终端消费领域的产量增长密切相关， 同时又受到不断变化的政策法规的影响。 国金证券认为，2026年化工行业将呈现结构性分化与高端化转型并行的趋势。供给端在"反内卷"政策引 导下加速出清，PX、PTA等细分领域因产能增长停滞与需求韧性支撑，景气度有望率先修复；而烯烃 等中游产品仍面临产能过剩压力，聚丙烯/聚乙烯拟建产能增幅分别达47%/53%。 1月22日，三大指数集体下跌，化工板块逆市上涨。截至午间收盘，中证细分化工产业主题 ...

Core Viewpoint - The article discusses the upcoming 2026 Future Industries New Materials Expo in Shanghai, highlighting its significance in showcasing innovations in new materials and the carbon materials industry [1][8]. Group 1: Event Details - The 2026 Future Industries New Materials Expo will take place from June 10 to June 12, 2026, at the Shanghai New International Expo Center, covering an exhibition area of 50,000 square meters [1][9]. - The expo will feature over 800 participating companies, 200 research institutions, and more than 30 thematic forums [1][8]. Group 2: Company Updates - Hualing Cable announced the termination of its acquisition agreement with Xingxin Aerospace due to disagreements on specific terms, which was intended to acquire shares in the high-tech materials company [2]. - Xingxin Aerospace, established in 2003, specializes in high-temperature resistant materials and has supported various Chinese space missions, including the Shenzhou and Chang'e programs [2]. Group 3: Financial Performance - Xingxin Aerospace reported revenues of 56.42 million yuan, 51.37 million yuan, and 68.15 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 23.63 million yuan, 22.46 million yuan, and 26.49 million yuan during the same period [3]. - Hualing Cable's revenue for the first three quarters of 2025 reached 3.376 billion yuan, marking an 8.68% year-on-year increase, while its net profit attributable to shareholders was 92.16 million yuan, up 6.85% [3].

当前，全球科技竞争格局深度调整，作为新一轮科技革命和产业革命的基石与先导，新材料正与人工智 能、大数据等技术加速融合，成为新质生产力语境下的发展风口。 作为国内化工新材料领域的领军企业，青岛国恩科技股份有限公司（以下简称"国恩股份"）凭借纵向一 体化的产业布局、坚实的自主研发实力及对行业风口的精准卡位，展现出了强劲的市场竞争力与行业引 领力。 随着国恩股份通过港交所主板上市聆讯，不仅标志着企业距离实现"A+H"两地上市目标又迈出关键的一 步，同时也意味着在新材料行业迎来新发展机遇下，国恩股份有望借助资本的力量，进一步筑牢化工新 材料领域的"护城河"。 注重研发积累，加速新材料产业化与市场化 成立于2000年的国恩股份，是一家以科技创新为核心驱动力、以长期规模效益为目标的综合性企业。近 年来，国恩股份逐步形成绿色石化新材料、有机高分子改性材料以及有机高分子复合材料"三足鼎立"的 发展态势。 据国恩股份2024年年报显示，企业年营收近192.2亿元，其中化工新材料板块实现收入173.7亿元，不俗 的表现形成了对企业业绩增长的强劲支撑。 经过二十余年的发展积累，如今的国恩股份在新材料领域已经建立起较强的行业地位，其 ...

资料显示，福建龙净环保股份有限公司位于福建省龙岩市新罗区工业中路19号，成立日期1998年2月23 日，上市日期2000年12月29日，公司主营业务涉及除尘、脱硫、脱硝、物料输送、脱硫运营、电站工程 总包等。主营业务收入构成为：环保设备制造64.93%，新能源业务24.59%，项目运营收入7.34%，其他 (补充)2.27%，土壤修复0.87%。 龙净环保所属申万行业为：环保-环保设备Ⅱ-环保设备Ⅲ。所属概念板块包括：生态林业、PM2.5、新 材料、氢能源、增持回购等。 1月21日，龙净环保盘中下跌2.01%，截至13:26，报15.62元/股，成交1.22亿元，换手率0.61%，总市值 198.38亿元。 资金流向方面，主力资金净流出1695.27万元，特大单买入0.00元，占比0.00%，卖出897.95万元，占比 7.35%；大单买入1440.77万元，占比11.79%，卖出2238.09万元，占比18.31%。 龙净环保今年以来股价跌4.23%，近5个交易日涨0.39%，近20日跌2.74%，近60日跌1.14%。 截至9月30日，龙净环保股东户数4.44万，较上期增加0.04%；人均流通股28630 ...

Group 1 - The core stock price of Dongfang Shenghong increased by 2.05% on January 21, reaching 11.47 CNY per share, with a total market capitalization of 758.31 billion CNY [1] - The company has seen a year-to-date stock price increase of 5.33%, with a 6.11% rise over the last five trading days, an 11.36% increase over the last 20 days, and a 25.91% rise over the last 60 days [1] - Dongfang Shenghong's main business includes the research, production, and sales of civil polyester filament, with revenue contributions from various segments: 61.04% from other petrochemical and chemical new materials, 18.82% from refined oil products, 17.68% from polyester filament, and 1.71% from others [1] Group 2 - As of September 30, the number of shareholders for Dongfang Shenghong was 73,300, a decrease of 11.60% from the previous period, while the average circulating shares per person increased by 13.12% to 90,104 shares [2] - For the period from January to September 2025, Dongfang Shenghong reported operating revenue of 92.162 billion CNY, a year-on-year decrease of 14.90%, while net profit attributable to shareholders increased by 108.91% to 1.26 billion CNY [2] - The company has distributed a total of 4.429 billion CNY in dividends since its A-share listing, with 1.322 billion CNY distributed over the last three years [3]

Summary of Wanhua Chemical Conference Call Industry Overview - The chemical industry has experienced a downturn for three and a half years and is currently at a bottoming phase, benefiting from diverse global demand including sectors like industrial, automotive, new energy, and AI, reducing reliance on domestic real estate cycles [2][3] - Domestic capital expenditure is showing signs of recovery, coupled with the exit of overseas capacity and anti-involution policies, improving the supply-demand relationship for chemical products [2][3] - The dual carbon policy imposes long-term constraints on supply, while domestic supply is expected to meet global demand in the short term, leading to anticipated price recoveries for products [2] Company Insights: Wanhua Chemical - Wanhua Chemical is identified as a leading player in MDI/TDI production, with significant capacity growth. Even if prices recover to only half of the previous peak, profitability is expected to exceed historical highs due to volume advantages [2][5] - The company anticipates a profit increase of approximately 2 billion yuan in 2026 compared to 2025, primarily driven by petrochemical raw material transformation and lithium battery materials [4][11] - For every 1,000 yuan increase in MDI/TDI prices, Wanhua's performance could improve by about 4 billion yuan, indicating attractive current valuations [4][11] Investment Strategy - When selecting investment targets, priority should be given to core assets like Wanhua Chemical, which possess strong competitive and pricing power. These companies can achieve reasonable valuations even under neutral performance assumptions [5] - Focus on segments with clear supply-demand improvements, such as spandex, polyester filament, and organic silicon, where supply-side contractions are expected [5] Future Prospects - Wanhua Chemical's pricing power is strong, and if demand recovers well, significant price elasticity is anticipated. The company has made substantial capital investments in recent years to achieve supply chain integration and raw material security [6][7] - The company has reduced capital expenditures since 2025, focusing investments on new energy and new materials, with a commitment to maximizing shareholder interests [4][18] Market Dynamics - The chemical industry is characterized by a highly monopolized structure, with the top 25 global companies holding 90% of the market share. Wanhua holds about 34% of the market share among Chinese companies [20] - The global demand for MDI is approximately 8 million tons, with demand growth expected to outpace GDP growth. Despite short-term pressures, long-term demand recovery is anticipated [19][21] Competitive Landscape - The market is witnessing price adjustments, with overseas prices showing an upward trend despite domestic price fluctuations. This is driven by significant profit pressures on overseas companies [23] - Wanhua's strategic investments in petrochemical projects and its leading position in various product categories position it well for future profitability [24][25] Conclusion - Wanhua Chemical is well-positioned for growth with its strong core business in MDI and TDI, alongside strategic investments in new materials and energy. The current market environment presents a favorable opportunity for investment in this sector, particularly in light of expected price recoveries and improved supply-demand dynamics [27][28]

为贯彻落实广东省委省政府关于运用新技术、新工艺、新材料、新设备赋能传统产业和帮助企业拓 市场，大张旗鼓宣传和促销广东工业好产品的重要决策部署，助力纺织服装产业产销对接与提质升级发 展，由广东省工业和信息化厅主办，各地级以上市工业和信息化局、广东省服装服饰行业协会、广东省 纺织协会协办的"穿粤时尚潮服荟"之"四新"资源赋能纺织服装产业对接活动于1月16日在广州成功举 办。 广东省工业和信息化厅二级巡视员庄乐从表示，本次活动是开年以来举办的第3场纺织服装产业的 供需对接会，得到了各地纺织服装企业和赋能机构的踊跃参与并加强对接交流合作。纺织服装产业自来 是我省优势产业，全省规上企业数、规上营收居全国前列。经过多年的发展，在服装行业，广东已经形 成了虎门女装、汕头内衣家居服、大朗毛织、大浪品牌女装、新塘牛仔、盐步内衣、沙溪休闲服、番禺 服装等优势特色集群。在纺织行业，汕头打造"中国弹力面料之城"，其锦纶布产量全国第一；以佛山三 水为核心的国产牛仔布产量占全国20%；形成开平、普宁、汕头等纺织产业基地，南海西樵镇被称为中 国面料名镇；广清纺织服装产业有序转移园正在加快打造"中国快时尚智造基地"。下一步，省里将会同 地市 ...