转自：前瞻产业研究院 行业主要上市公司：新澳股份(603889)、恒力石化(600346)、东方盛虹(000301)、浙文影业(601599)、恒 逸石化(000703)、百隆东方(601339)、华孚时尚(002042)、凤竹纺织(600493)、金鹰股份(600232)、华升 股份(600156)、嘉欣丝绸(002404)、彩蝶实业(603073)、华纺股份(600448)等 本文核心数据：中国纺织行业政策历程;政策汇总;政策解读等 1、政策历程图 2、国家层面政策汇总及解读 ——国家层面纺织行业政策汇总 近年来，国家出台《纺织行业数字化转型三年行动计划(2022-2024年)》、《纺织工业提质升级实施方案 (2023-2025年)》等政策，为纺织行业的发展提供了良好的宏观环境和政策支持，有利于促进产业链各环 节健康快速发展、加快迈向全球价值链中高端，为巩固"纺织强国"地位并为实现"制造强国"、"质量强 国"目标发挥重要作用。具体相关政策如下： 图表2: 截至2025年中国纺织行业相关政策汇总(一) | 时间 | 颁布部门 | 政策名称 | 相关内容 | 政策类型 | | --- | --- | --- ...

证券代码：600678 证券简称：四川金顶 编号：临2025—038 《证券日报》 四川金顶（集团）股份有限公司 关于2024年年度业绩说明会召开情况的公告 特别提示 本公司及董事会全体成员保证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。 四川金顶（集团）股份有限公司（以下简称"公司"）于2025年5 月9日下午15:00-16:00时，在上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/）以网络文字互动方式召开了公司2024年年 度业绩说明会，现将召开情况公告如下： 一、本次说明会召开情况 《中国证券报》 和上海证券交易所网站披露了《关于召开2024年年度业绩说明会的公 告》，具体事项详见公司临2025-036号公告。 问题 3：公司对于 2025 年有什么规划 答：尊敬的投资者，您好。公司目前主营业务和核心资源具有明 显的地域性特征，在区域内具有综合优势。但是产品结构比较单一， 石灰石和骨料产品作为集团主要产品，其整体附加值较低，导致公司 营业收入规模较小，盈利能力有限。为此，公司计划有序改善主营业 务结构 ...

4月25日晚间，四川金顶发布2024年年报与2025年一季报。作为西南区域石灰石开采的先进企业，业绩 呈现明显触底回升态势。 值得一提的是，从财务数据来看，尽管2024年前三季度因经济环境原因出现小幅亏损，但在盈利质量方 面，公司展现出强劲的自我修复能力。 2024年，公司全年经营活动产生的现金流量净额达1.09亿元，同比激增1111.55%；每股经营现金流达到 0.3134元。在小幅亏损的情况下，该数据仅次于2019年，为公司历史第二佳表现。这一指标的强势反 弹，为公司后续业务拓展提供了充足的资金保障。 2025年一季度，随着基建领域需求复苏及产品价格回升，公司业绩延续了高质量反弹趋势。在实现扭亏 的同时，公司今年一季度经营现金流达到1295.27万元，继续同比大增1197.37%，充分展现了企业在行 业周期波动中的经营韧性。 年报显示，公司2024年度实现营业收入3.57亿元，较上年增长8.86%，但受前三季度宏观经济波动及行 业调整影响，全年归属于上市公司股东的净亏损1918.82万元。值得关注的是，与2023年同期相比，公 司亏损规模已大幅收窄2204.88万元，减亏幅度显著。 而自2024年第四季度 ...

Investment Rating - The report maintains an "A" rating for the new materials industry, indicating a positive outlook for the sector [1]. Core Insights - The chemical raw materials sector is currently experiencing a bottoming phase, with a slowdown in capacity expansion and a potential alleviation of intense competition and price wars. The overall profit margin for the industry is expected to remain between 3% and 5% in 2024, which is at a historical low. However, with the central economic work conference emphasizing the need to address "involution" competition, there is potential for improved industry order and profit recovery [1][34]. Summary by Sections 1. Market Performance and Valuation - The new materials index has shown significant volatility, underperforming the Shanghai Composite Index by 10.6% as of December 27, 2024. The index's performance was particularly weak in the first three quarters of 2024 but saw a recovery in the fourth quarter due to favorable policies [15][20]. 2. Focus Areas 2.1 Supply and Demand Dynamics - The vitamin sector is expected to maintain high prices for Vitamin E due to limited supply recovery from BASF's production facilities, which are aging and unable to meet demand. The report suggests monitoring companies like New Hope Liuhe and Zhejiang Medicine [42][59]. - The renewable energy materials sector is projected to benefit from a stable increase in wind power demand, with a significant rise in installed capacity and a self-regulatory agreement among wind turbine manufacturers to mitigate price competition. Companies like Times New Material and Mega Chip Color are highlighted for investment [44][60]. 2.2 Emerging Industry Opportunities - The bio-manufacturing sector is positioned for growth, particularly in synthetic biology and sustainable aviation fuel (SAF). The report emphasizes the importance of product selection and platform capabilities for companies in this space, recommending firms like Huaheng Biological and Meihua Biological [48][50]. - The special coatings market is expected to grow due to increasing military expenditures and the need for stealth materials. Companies such as Huaqin Technology and Jiachih Technology are noted for their potential in this area [52][61]. - The semiconductor materials sector is anticipated to benefit from the recovery of consumer electronics and AI applications, with a focus on domestic production capabilities. Companies like Stik and Aisen are recommended for investment [56][61]. - The humanoid robotics market is projected to drive demand for PEEK materials, with domestic companies expected to gain market share due to cost advantages. The report suggests monitoring firms like Zhongxin Fluorine Materials and Zhongyan Co. [58][61].