点击 最 下方 关注《材料汇》 ， 点击"❤"和" "并分享 添加 小编微信 ，寻 志同道合 的你 正文 01 绝缘耐温云母分类及应用领域 云母是主要造岩矿物之一，广泛应用于绝缘、耐温和珠光材料等领域。 本报告主要研究用于绝缘、耐温领域 云母，2022年，耐火绝缘领域云母应用占比高达80.8%，为云母材料主要的工业应用。 绝缘耐温云母材料市场下游应用领域涉及高温冶炼、电力等传统行业，并在近几年逐步扩展到新能源汽车、电 化学储能等新兴行业。 新能源领域：23-27年CAGR预计达40.5% 2027年新能源云母市场规模预计突破百亿，CAGR达40.5% 。根据弗若斯特沙利文报告，随新能源汽车销量进 一步上升，市场对新能源汽车动力电池安全性能要求进一步提高，2022年全球新能源云母材料市场规模达18.6 亿元， 预计2027年将增长至123.7亿元，2023年至2027年复合增长率达到约40.5%。 国内家电云母消费规模占比达49.3%： 中国家用电器市场作为云母制品的重要消费市场，预计2025年其消费的 云母制品将达到 6.61亿 元，占全球比重的 49.3% 伴随着 CTC、CTP 等无模组化技术的推广，电芯 ...

Industry Overview - The mica industry is transitioning from traditional mineral processing to high-end new material manufacturing, highlighting the deep restructuring of upstream materials due to the energy revolution [2] - In 2024, the market size of China's mica industry is projected to reach 8.37 billion yuan, representing a year-on-year growth of 27.73% [2] - The breakthrough in synthetic mica technology is reshaping the industry landscape, with Zhejiang Rongtai developing nano-level mica composite materials that enhance breakdown strength to 25KV/mm, successfully entering the aerospace insulation sector [2] - In the electronic packaging field, low dielectric constant mica sheets are achieving import substitution, with mica substrates for 5G base station filters capturing over 25% market share [2] - The "Strategic Planning Outline for Expanding Domestic Demand" includes mica in the forefront of new material research and development, while upgrades in safety standards for power batteries are directly driving demand for high-end mica [2] Industry Development History - The development of China's mica industry has gone through four stages: the initial stage (1950-1960s), rapid development (1970-1980s), industrial upgrading (1990-2000s), and innovative development (2010s to present) [5][6] - The initial stage saw the establishment of the first mica processing plants and the mechanization of mining, laying the foundation for domestic mica supply [5] - The rapid development phase included the successful development of powdered mica paper and the establishment of numerous mica flake factories, transitioning from primary raw materials to comprehensive processing [5] - The industrial upgrading phase featured the development of synthetic mica with superior properties, leading to increased international market presence [6] - The innovative development phase has seen mica products applied in new energy vehicle battery thermal runaway protection, with significant growth in demand following the implementation of safety standards [6][11] Industry Supply Chain - The upstream of the mica industry supply chain includes raw materials and production equipment, with raw materials primarily being mica ore resources [8] - The midstream involves the processing and manufacturing of mica products [8] - The downstream applications span across automotive, industrial, electric power, construction, electrical appliances, and energy storage sectors [9]

证券研究报告 | 2025 年 06 月 20 日 $$\overline{{{\prod_{\mathrm{DE}}}}}\frac{\bigtriangleup}{\bigtriangleup}\frac{\bigtriangleup}{\bigtriangleup}\frac{\bigtriangleup\mathrm{bd}}{\bigtriangleup}$$ 制作：产品中心 重点推荐 《策略|行业比较周报——拥挤度指标运用的深入思考》 1、板块的拥挤度本质是该板块成交量占整体的比例，比例越高，说明该 板块是热门板块。"拥挤"是指历史纵向比较在较高的历史百分位，往往 意味着该板块过度热门，短期内有向下调整的压力。短中长期乖离率高位 本质是短期"涨多了"。两者一个是"量"的指标，一个是"价"的指标， 均表示冷热度。但热门板块总有自己上涨的原因，真正结束要看这个原因 什么时候结束，量价指标运用的有效性也会可能随着市场风格变化而变 化。2、长期来看，A 股的行业，在"加速后放量"的状态下，一个月内 跑输是大概率事件；反例是 20-21 年核心资产时代，短暂地无视了这一 规律，呈现出"过热后还有过热"。出现 ...

在绿色建材下乡活动、家装消费品"以旧换新"和城市更新改造等政策综合带动下，建材消费市场扭转了 2022年以来的下降趋势，今年1-4月，建筑及装潢材料类商品零售额同比实现增长2.3%，其中，4月份当 月同比增长9.7%。具有代表性的卫生陶瓷行业，今年1-4月，营业收入同比增长1.7%，利润总额增长 6.8%。(记者李洋) 近日记者从中国建筑材料联合会获悉，随着大规模城市更新改造、消费品"以旧换新"等系列政策深入落 地和能源结构持续调整，建材行业相关市场恢复明显，经济运行亮点频现。 我国建材行业广泛服务于建筑建设以及新能源、新材料、电子电器、汽车等领域。其中，主要应用于建 筑、新能源、电子电器等领域的玻璃纤维及制品，是建材行业着力推动发展的新兴产业。今年以来，受 风电装机加快、家电及汽车"以旧换新"政策推广、AI技术发展等综合因素影响，玻璃纤维及制品行业经 济运行强势回升。1-4月，规模以上玻璃纤维、玻璃纤维布、玻璃纤维增强复合材料产量同比分别增长 2.6%、12.5%、17.7%；玻璃纤维和复合材料价格指数同比增长2.5%；规模以上行业营业收入同比增长 18.3%，利润总额同比增长120.0%。 我国云母制品业 ...

证券之星消息，2025年6月12日平安电工（001359）发布公告称公司于2025年6月12日召开业绩说明会。 具体内容如下： 投资者提出的问题及公司回复情况 公司就投资者在本次说明会中提出的问题进行了回复：问：与同行业竞争对手浙江荣泰（603119）相比， 我们有哪些优势？在收入利润资产规模相当的情况下，如何弥合与浙江荣泰的市值差距？ 答：尊敬的投资者，您好！平安电工深耕云母绝缘材料行业30余年，旗下拥有八大产业链的配套工厂，得 益于公司全产业链布局的优势，从原料端到云母制品每个生产环节能够最大限度地发挥成本优势，降低生 产成本，提高产品竞争力。平安电工定位为材料型产品型公司，公司未来的发展将坚守战略定力，坚持为 人类电与热的安全发展做出技术贡献，以优异的成绩报股东和投资者。 问：境外销售毛利率大幅高于国内的原因是什么？是否可持续？ 答：尊敬的投资者，您好！公司的境外销售毛利率大幅高于国内，主要原因是公司创立三十多年，在国内 外客户中已建立了质量和品牌的美誉度，同时外贸产品大多是公司产品系列的中高端产品，质量和技术要 求相对较高，故其毛利率高于国内产品。目前公司的外贸产品相对于国外同行，有一定的性价比优势， ...

证券代码：001359 证券简称：平安电工 湖北平安电工科技股份公司 投资者关系活动记录表 编号：投-002 | 投资者关系活动 | □特定对象调研□分析师会议 | | | --- | --- | --- | | 类别 | □媒体采访√业绩说明会 | | | | □新闻发布会□路演活动 | | | | □现场参观 | | | | □其他（请文字说明其他活动内容） | | | 参与单位名称及 | 投资者网上提问 | | | 人员姓名 | | | | 时间 | 2025 年 6 月 日 (周四) 下午 14:30~16:50 | 12 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | | 采用网络远程的方式召开业绩说明会 | | | 上市公司接待人 | 1、董事会秘书李俊 | | | 员姓名 | 2、证券事务代表魏嘉 | | | | 3、财务负责人丁恨几 投资者提出的问题及公司回复情况 | | | | 1、与同行业竞争对手浙江荣泰相比，我们有哪些优势？在 | | | | 公司就投资者在本次说明会中提出的问题进行了回复： | | | | 收入利润资产规模相当 ...

Industry Overview - The mica industry is transitioning from traditional mineral processing to high-end new material manufacturing, revealing the deep restructuring of upstream materials due to the new energy revolution [1][11] - The market size of China's mica industry is projected to reach 8.37 billion yuan in 2024, with a year-on-year growth of 27.73% [1][11] - Synthetic mica technology breakthroughs are reshaping the industry landscape, with Zhejiang Rongtai developing nano-level mica composite materials that have improved breakdown strength to 25KV/mm, successfully entering the aerospace insulation field [1][11] Market Dynamics - In the electronic packaging sector, low dielectric constant mica sheets have achieved import substitution, with mica substrates for 5G base station filters capturing over 25% market share [1][11] - The "Expansion of Domestic Demand Strategic Plan" includes mica in the research directory for frontier new materials, and the upgrade of safety standards for power batteries directly boosts the demand for high-end mica [1][11] Industry Development Stages - The mica industry in China has experienced four main stages: initial development (1950-1960s), rapid growth (1970-1980s), industrial upgrading (1990-2000s), and innovative development (2010-present) [4][5] - The current phase emphasizes the application of mica products in new energy vehicle battery thermal runaway protection, with mandatory safety standards implemented in 2021 driving demand growth [5][11] Key Enterprises - Major companies in the mica industry include Ping An Electric (001359), Zhejiang Rongtai (603119), and Dongcai Technology (601208), with a competitive landscape characterized by leading enterprises and diverse players [2][15] - Ping An Electric has a comprehensive supply chain capability from mica mining to end insulation material production, widely applied in high-end sectors such as new energy vehicles and energy storage systems [15][17] - Zhejiang Rongtai focuses on high-temperature insulation mica products, with over 70% of its revenue coming from the new energy vehicle sector, showcasing significant growth [19] Future Trends - Technological innovation is driving industry upgrades, with synthetic mica and functionalized materials becoming mainstream [21] - The explosive growth in new energy demand, particularly in power batteries and energy storage markets, is expected to significantly increase the demand for mica materials [22][23] - Globalization is accelerating, with Chinese mica companies transitioning from "product export" to "technology output," enhancing international market penetration [24]

6月10日，截至港股收盘，恒生指数下跌0.08%，报24162.87点。环球新材国际（06616.HK）收报4.62港 元/股，上涨9.22%，成交量2618.6万股，成交额1.19亿港元，振幅9.69%。 （以上内容为金融界基于公开消息，由程序或算法智能生成，不作为投资建议或交易依据。） 最近一个月来，环球新材国际累计涨幅9.02%，今年来累计跌幅2.76%，跑输恒生指数20.55%的涨幅。 财务数据显示，截至2024年12月31日，环球新材国际实现营业总收入16.49亿元，同比增长54.95%；归 母净利润2.42亿元，同比增长33.37%；毛利率52.99%，资产负债率38.29%。 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，原材料行业市盈率（TTM）平均值为15.29倍，行业中值5.73倍。环球新材国际市盈率 20.04倍，行业排名第29位；其他大成生化科技（00809.HK）为0.85倍、中木国际（01822.HK）为1.57 倍、中国三江化工（02198.HK）为3.56倍、中国心连心化肥（01866.HK）为4.32倍、武汉有机 （02881.HK）为4.85倍。 资料显 ...

Group 1 - The core viewpoint emphasizes the need for financial services to support technological innovation, as highlighted by General Secretary Xi Jinping [1] - The article discusses the increasing collaboration between finance and technology, driven by policy incentives, to enhance financial support for innovation [1] Group 2 - Guangxi Yide Technology Co., Ltd. specializes in liquid heat pipe systems for electric vehicles and has received significant orders due to its innovative products [3] - The company faced challenges in expanding production capacity in 2022 due to insufficient collateral for loans, which was resolved through proactive support from China Agricultural Bank [3][4] - The bank utilized patent pledges as collateral, allowing Yide Technology to secure loans quickly, which were crucial for meeting production deadlines [4][5] Group 3 - The article highlights the success of Pengcheng Micro-Nano Technology Co., Ltd., which has rapidly expanded its market presence and expects to exceed 30 million yuan in output this year [7] - The company received a tailored financing solution from the Shenyang Technology Financing Guarantee Company, which provided a 4 million yuan guarantee to facilitate bank loans [8][9] - The financing support has enabled Pengcheng Micro-Nano to sign key contracts and expand its production capacity [9] Group 4 - Nanjing Fangshenghe Pharmaceutical Technology Co., Ltd. developed a compound formulation for treating high cholesterol, facing challenges during the pilot testing phase [11][12] - The company received customized pilot insurance from a local insurance branch, which covers potential losses during the testing phase, allowing for more confident investment in the project [12][13] Group 5 - Hubei Ping'an Electric Technology Co., Ltd. is a leading manufacturer in the mica insulation materials sector and plans to raise funds through an IPO to expand production and enhance R&D capabilities [19][20] - The company has undergone multiple reforms to improve management and cost control, successfully listing on the Shenzhen Stock Exchange in March 2024 [21][22] - Following the IPO, Ping'an Electric raised 727 million yuan, which will support its technological innovations and development of new product lines [23]

登录新浪财经APP 搜索【信披】查看更多考评等级 公司代码：603119 公司简称：浙江荣泰 第一节 重要提示 1、本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到http://www.sse.com.cn网站仔细阅读年度报告全文。 2、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、完整 性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 3、公司全体董事出席董事会会议。 4、中汇会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 5、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 根据弗若斯特沙利文的研究，预计2023-2027年世界云母材料市场复合增长率为18.00%，2027年市场规 模将达到418.10亿元；云母材料按使用功能可分为耐火绝缘材料、珠光材料和其他材料，预计到2027年 耐火绝缘材料市场规模将达到355.64亿元。 （二）下游新能源汽车、储能等行业 云母制品在新能源汽车行业中主要作为动力电池热失控防护材料使用。近年来在全球新能源汽车行业快 速发展的背景下，动力 ...