来源：CINNO综合整理 9月29日，昆山市人民法院日前披露（2025）苏0583破申376号破产审查案件，东旭（昆山）显示材料有限 公司（下称"昆山东旭显示"）因申请人山东高速环球融资租赁有限公司申请，正式进入破产审查程序。这 家曾承载国内TFT-LCD产业配套升级使命的企业陷入绝境，背后是东旭集团从"显示材料巨头"跌落至债务 泥潭的沉重轨迹。 作为东旭集团布局显示产业链的重要棋子，昆山东旭显示的出身自带行业光环。其由集团旗下上市公司东 旭光电与昆山开发区国投控股有限公司联合组建，专注于第5代TFT-LCD彩色滤光片（CF）的研发制造。 总投资31亿元的生产线项目落子昆山光电产业园，占地200亩、建筑面积15万平米，建成后形成月产165K 片G5彩色滤光片的产能规模，一度成为国内同类型项目中的标杆，被寄予"提升TFT-LCD本地配套率、降 低产业成本"的厚望。 从借政策东风崛起为"中国版康宁"，到因财务造假、债务爆雷而陷入困局，李兆廷一手打造的千亿帝国， 最终在监管重锤下走向终局。 2025年6月，河北证监局对"东旭系"开出总计16.6亿元的天价罚单，创始人李兆廷被处以5.89亿元罚款，并 被终身禁止进入证 ...

2025 年 09 月 28 日 行业研究 评级：推荐(维持) | 研究所： | | | | --- | --- | --- | | 证券分析师： | | 李永磊 S0350521080004 | | | | liyl03@ghzq.com.cn | | 证券分析师： | | 董伯骏 S0350521080009 | | | | dongbj@ghzq.com.cn | | 联系人 | ： | 曾子华 S0350124080006 | | | | zengzh@ghzq.com.cn | [Table_Title] 英伟达拟向 OpenAI 投资至多 1000 亿美元 ——新材料产业周报 《制冷剂行业动态研究：HFC-32、HFC-134a 配额 小幅增加，依然看好制冷剂长期上涨趋势（推荐） *基础 化工*李永 磊，董伯 骏，李振 方》 —— 2025-07-08 投资要点: 最近一年走势 | 行业相对表现 | | | 2025/09/26 | | --- | --- | --- | --- | | 表现 | 1M | 3M | 12M | | 基础化工 | -2.5% | 15.5% | 35.1% | | ...

新华财经北京9月28电（记者刘玉龙、郝菁、王钊）"回顾公司发展历程，不管是液晶显示材料高市占率，还是光刻胶树脂材料取得关键性突破，都是产业发 展带动企业发展。"北京八亿时空液晶科技股份有限公司董事长、总经理赵雷近日接受记者专访时说，选择布局产业需要、社会需要、国家需要的领域，对 企业而言既是挑战也是机遇。 赵雷表示，在国产替代趋势及政策支持下，八亿时空从显示材料向半导体材料延伸，今年有望形成新的业绩贡献。公司将依据市场情况逐步扩大产能，计划 未来五年具备年产200-300吨高端光刻胶树脂的生产能力，并将持续加大新产品技术研发工作，使公司具备持续的科技创新能力。 图为八亿时空合成生产车间 ——主营稳健，新业务研发和折旧加大拖累净利润 2025年上半年，八亿时空营业收入4.15亿元，同比增长10.63%，净利润较去年同期有所下滑，经营现金流净额由正转负。 对此，赵雷表示，八亿时空主营液晶显示业务近几年稳健增长，净利润同比下滑主要是研发投入和新建项目折旧导致的。 "今年上半年，我们的研发投入比去年同期增加了1000万元左右，折旧增加了约1300万元，假如扣除这两块支出，实际上公司净利润是增长的。"赵雷说，液 晶业务 ...

Core Viewpoint - Wanrun Co., Ltd. is preparing the C05 project for the second phase of Wanrun Industrial Park, which will support the production capacity of display PI finished materials [1] Group 1 - The C05 project will include approximately 700 tons of production capacity for display PI finished materials [1] - The project is being developed in response to the company's own situation and downstream demand [1]

Core Viewpoint - The completion and production launch of Nitto's OLED polarizer production base in Chengdu, Sichuan, is expected to enhance the local supply chain and competitiveness of the new display industry in the region [2][3]. Group 1: Company Overview - Nitto Materials Technology (Chengdu) Co., Ltd. is a wholly-owned subsidiary of Nitto Denko Corporation, which operates in various fields including materials, electronic devices, displays, and medical sectors, with a leading position in polarizers and optical films globally [3]. - The company signed a contract to settle in the Chengdu Economic Development Zone in June 2017 and began production in March 2018, focusing on OLED optical films and E-Mask products [3]. Group 2: Project Details - The newly completed OLED polarizer production base project covers approximately 90 acres, with a factory construction area of 60,000 square meters, primarily producing OLED polarizers and large-size optical films [3]. - In 2024, the projected output value is expected to reach 1.49 billion RMB, representing an 8.4% year-on-year growth, while the output value for January to August 2025 is anticipated to be 1.03 billion RMB [3]. Group 3: Industry Impact - The establishment of the OLED polarizer production base is expected to increase the local supply rate and industry aggregation of Chengdu's new display industry, thereby enhancing the overall competitiveness of the regional industry [3]. - The first national 8.6-generation E-Mask optical protective film production line is set to commence production in February next year [4].

（文章来源：每日经济新闻） 翔腾新材（001373.SZ）9月17日在投资者互动平台表示，公司申请的相关专利目前处于实质审查阶段。 每经AI快讯，有投资者在投资者互动平台提问：公司柔性屏专利进展如何？这么久了大概何时能通 过？ ...

Core Viewpoint - Shenzhen Textile Holdings Limited's subsidiary, Shenzhen Shengbo Optoelectronics Technology Co., Ltd., plans to collaborate with Hefei New Mei Materials Technology Co., Ltd. for the procurement of PET protective films and coating materials, with a total transaction amount not exceeding RMB 193 million by 2025 [2][3]. Group 1: Collaboration Details - The collaboration is necessitated by the previous supplier, LG Chem, selling its polarizer materials division to Hefei New Mei, prompting Shengbo Optoelectronics to secure a stable supply of raw materials for polarizer production [3]. - This transaction is characterized as a normal commercial activity aimed at ensuring the stability and safety of raw material supply, which is crucial for production operations and customer order fulfillment [3]. Group 2: Business Operations - The polarizer business is a significant segment for Shenzhen Textile, primarily operated by its subsidiary Shengbo Optoelectronics, which currently has six production lines for polarizers covering various applications including TN, STN, TFT, OLED, 3D, dye films, and touch screen optical films [3]. Group 3: Financial Performance - For the first half of 2025, Shenzhen Textile reported revenue of RMB 1.6 billion, a year-on-year decrease of 1.4%, and a net profit attributable to shareholders of RMB 35.23 million, down 19.7% year-on-year [3]. - In the second quarter, the company’s revenue was RMB 823 million, reflecting a year-on-year decline of 4.6%, while the net profit attributable to shareholders was RMB 14.37 million, a significant drop of 37.8% year-on-year [3].

Group 1 - The company announced a stock issuance through a simplified procedure targeting specific investors, with a total of 17,433,843 shares to be issued [1] - The issuance price is set at 17.20 yuan per share, based on the bidding results from investors [1] - The total amount to be raised from this issuance is not to exceed 299.86 million yuan, which is capped at 20% of the company's net assets as of the end of the previous year [1] Group 2 - The net proceeds from the fundraising will be allocated to the production base project for OLED display core materials (23.99 million yuan) and to supplement working capital (6 million yuan) [1]

Group 1 - The core viewpoint of the articles highlights the strategic investments and acquisitions made by Runjing Technology to enhance its market position and product offerings in the semiconductor and display panel industries [2][3]. - Runjing Technology successfully secured 520 million yuan in financing through a strategic investment agreement, aimed at integrating industrial and capital resources to expand product lines and deepen customer cooperation [2]. - In 2024, Runjing Technology acquired two subsidiaries of Sumitomo Chemical, which strengthened its competitive edge by inheriting technological advantages and business systems from the Sumitomo Chemical Group [2]. Group 2 - In July 2023, Runjing Technology completed a strategic financing round amounting to 350 million yuan, led by Haike Group's strategic investment department, with participation from several notable investment firms [3].

Core Viewpoint - Wanrun Co., Ltd. has successfully achieved mass supply of polyimide monomer materials in the electronic and display fields, indicating strong progress in its product offerings [1] Group 1: Product Development - The company has successfully supplied TFT polyimide finished materials (orientation agents) and OLED photosensitive polyimide (PSPI) finished materials to downstream panel manufacturers through its subsidiary, March Technology [1] - In addition to display field polyimide finished materials, the company is actively expanding into the thermoplastic polyimide materials sector, including PEI, TPI, and PI-5218, all of which have already been sold [1]