洪田股份 20250709 摘要 锂电铜箔行业在经历两年调整后开始复苏，市场需求和价格双双提升， 宏田的设备能帮助客户进行锂电铜箔和电子电路铜箔产能转换，尤其在 表面处理方面具有优势，订单量显著增加，客户遍及国内外。 电子电路铜箔方面，受益于 5G/6G 和 AI 算力需求，高端产品需求扩大。 宏田是国内唯一能提供整场全套定制设备厂商，稳定生产 3.5 微米极薄 铜箔及 9 微米 5G 高频高速电子电路铜箔，并向 3 微米/2 微米及 6 微米 产品升级。 宏田股份在真空镀膜设备领域发展迅速，提供的真空蒸发镀铝设备已达 进口水平，实现进口替代，且在成本和服务上更具优势。通过外延式布 局，在电子信息、半导体、光学等领域实现订单突破。 宏田股份与中科院上海光机所合作，在半导体光学领域取得进展，无掩 模直写光刻机已达国产最高光学等级，P20 设备已签署 demo 销售合同 且运行良好，并储备 P10 设备及 8~10 微米解析方案，计划明年底推出 5 微米整机解决方案。 Q&A 宏田股份在高端电解铜箔设备方面的最新进展和市场表现如何？ 今年以来，宏田股份在高端电解铜箔设备领域取得了显著进展。该业务主要分 为锂电铜箔 ...

Market Overview - The A-share market saw all three major indices rise in the morning but experienced a significant drop in the afternoon, with a total trading volume of 1.53 trillion yuan, an increase of 528 billion yuan compared to the previous trading day [1] - Over 3,300 stocks in the market declined, with market focus on sectors such as diversified finance, Kimi concept, banking, medical services, and cultural media [1] Stock Performance - A total of 53 stocks hit the daily limit up, with 18 stocks on consecutive limit up days, and 30 stocks failed to close at the limit, resulting in a limit up rate of 64% (excluding ST and delisted stocks) [3] - Notable stocks included: - Huayin Power: 7 consecutive limit ups - Huaguang Huaneng: 5 consecutive limit ups - New Zhonggang: 4 consecutive limit ups - Jin'an Guoji: 5 consecutive limit ups in the PCB sector [3][4] Key Stocks and Their Metrics - **Huayin Power (600744)**: Price at 8.11 yuan, up 10.04%, with a trading volume of 17.747 million and a turnover rate of 10.98% [4] - **Jin'an Guoji (002636)**: Price at 15.09 yuan, up 9.99%, with a trading volume of 1.08 million and a turnover rate of 0.99% [4] - **Forest Packaging (605500)**: Price at 12.07 yuan, up 10.03%, with a trading volume of 4.35 million and a turnover rate of 8.90% [4] - **Huaguang Huaneng (600475)**: Price at 16.73 yuan, up 9.99%, with a trading volume of 9.03 million and a turnover rate of 5.96% [4] Institutional Trading - The top three net buying stocks on the daily leaderboard were: - Kuaijingtong: 318 million yuan net buy - Tongguan Copper Foil: 200 million yuan net buy - Dazhihui: 197 million yuan net buy [6] - The top three net selling stocks were: - Yihua New Materials: 119 million yuan net sell - Rifa Precision: 114 million yuan net sell - Zhongyi Technology: 89.41 million yuan net sell [7] Sector Highlights - **Kuaijingtong**: Recently entered the Japanese market, enhancing its position in the cross-border e-commerce sector [9][10] - **Tongguan Copper Foil**: Notable for its production capabilities in the PCB copper foil sector, with a new project recently launched [18] - **Dazhihui**: Engaged in significant asset restructuring, with a focus on financial information services [17] Trading Dynamics - The trading dynamics showed a significant interest from institutional investors, with notable net purchases in stocks like Dazhihui and Kuaijingtong, while some stocks like Wangzi New Materials faced net selling [25][27]

证券代码：301217 证券简称：铜冠铜箔 公告编号：2025-037 安徽铜冠铜箔集团股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股票交易异常波动的情况 安徽铜冠铜箔集团股份有限公司（以下简称"公司"）股票交易于 2025 年 7 月 7 日、7 月 8 日、7 月 9 日连续三个交易日内日收盘价涨幅偏离值累计超过 偏离值累计达到 30%的，属于股票交易异常波动。根据《深圳证券交易所上市规 则》规定：股票交易发生异常波动的，上市公司应当于次一交易日披露股票交易 异常波动公告。 二、公司核实相关情况的说明 针对股票异常波动情况，公司对有关事项进行了核查，公司董事会通过电话、 问询等方式，对公司控股股东及实际控制人、公司董事、监事及高级管理人员就 相关事项进行了认真核实，现对有关情况说明如下： 年度报告》 《2025 年第一季度报告》等相关公告，相关公告披露了公司在相关报 告期的生产经营情况、未来发展、面临的风险等内容。敬请投资者关注公司上述 相关公告内容，理性决策，注意投资风险。 不存在买卖公司股票的情况。 卖出公司股票。 媒报道了对本公 ...

铜箔板块更新和标的推荐 20250708 摘要 受益于电动重卡、商用车、储能及欧洲新能源车需求回暖，产业链排产 环比增长验证终端需求。美国《大而美法案》细则或致 2025 年下半年 出现抢装，主链贝塔修复可期，关注中报业绩较强的电池、材料及零部 件公司。 固态电池领域，下半年催化因素多，关注干法电极设备商如宏工纳克， 以及联赢激光等。材料环节关注硫化锂和集流体方向，如天赐材料、华 盛锂电在硫化锂降本量产上的进展。 AI 和固态双轮驱动铜箔板块，高端铜箔受益于 AI 需求拉动，高端 PCB 景气度超预期。AI 服务器及交换机升级推动铜箔产品升级，对铜箔的表 面光滑度提出更高要求，看好 AI 高端铜箔国产化率提升。 德福收购卢森堡电子路铜箔有限公司 CFL，增强其在高端电子路用铜领 域竞争力，CFL 拥有 1.68 万吨电子路用铜箔产能，其中 RTF 和 HVLP 铜占比七八成，还有 700 万平载体铜产能，有望推动其在全球市场份额 提升。 Q&A 今年下半年锂电板块的整体策略是什么？ 当前我们非常看好锂电板块的贝塔加阿尔法机会。从贝塔来看，此前受到国补 退坡和 136 号文取消新能源强配的影响，市场对三季度国内 ...

为威力传动生产车间（记者吴丛司 摄） "陆上大型风机偏航、变桨系统核心部件的突破，离不开金融活水的持续浇灌。"威力传动董事长李想告 诉记者，宁夏银行业的陪伴式金融服务如同精密的传动系统，贯穿企业成长全周期。 其中，中国银行宁夏区分行今年4月为企业发放股票回购贷款5400万元，成为宁夏唯一实现股票回购、 股东增持贷款双投放的金融机构。宁夏银行以"陪伴式金融"见证了这家企业的上市之路：从20万元住房 抵押贷款，到全区首期专利权质押融资突破传统抵押限制，再到如今超11亿元对公授信支持，银企合作 已跨越20个春秋。 新华社北京7月2日电（记者吴丛司）从塞上江南到陇原大地，一场以科技创新为核心的新质生产力变革 正悄然加速。记者近期赴宁夏、甘肃调研了解到，精密传动齿轮的微米级咬合、超级砂型3D打印设备 推动传统铸造业转型、马铃薯田里跃动的数据流……这片转型热土的产业根系正在金融活水的浇灌下抽 枝展叶。 金融齿轮转动塞上江南 走进银川威力传动技术股份有限公司（简称"威力传动"）的生产车间，数十米高的自动化立体仓库货架 上整齐摆放着风电装备的零部件，一台台仓储机器人正有条不紊地执行运输任务。 这家在宁夏本土成长起来的国家级高 ...

Core Viewpoint - The Chinese electronic circuit copper foil industry is experiencing rapid development and transformation, driven by the growth of emerging industries such as 5G communication, new energy vehicles, and the Internet of Things, with a projected sales volume of 440,000 tons in 2024, representing a year-on-year increase of 7.32% [1][12]. Industry Overview - Electronic circuit copper foil is a cathodic electrolytic material used as a core conductor in printed circuit boards (PCBs), facilitating electrical connections between electronic components [2]. - The industry can be categorized into electrolytic copper foil and rolled copper foil based on production processes [2]. Industry Development History - The industry has evolved through four stages: 1. Initial stage (1950s-1970s) focused on manual production with low product variety and quality [4]. 2. Localization stage (1980s-1990s) marked by increased demand and technology imports, leading to improved production techniques [4]. 3. Rapid development stage (2000s-2010s) where China became the largest producer globally, emphasizing technological innovation [5]. 4. High-end transformation stage (2010s-present) driven by new industries, with a focus on high-performance materials like ultra-thin copper foil [6]. Industry Supply Chain - The supply chain includes raw materials such as copper and sulfuric acid, production equipment like cathode rollers and foil machines, and downstream applications in communication devices, consumer electronics, and automotive electronics [8]. Market Size - The demand for electronic circuit copper foil is on the rise, with a projected sales volume of 440,000 tons in 2024, reflecting a 7.32% increase year-on-year [12]. Key Companies' Performance - The industry features leading companies such as Jiantao Copper Foil, Nanya Copper Foil, and Copper Crown Copper Foil, with 14 companies reporting sales over 10,000 tons, and five exceeding 20,000 tons [14][16]. - Notable companies include: - Jiantao Copper Foil: Largest domestic producer with advanced technology and a complete supply chain [16]. - Nanya Copper Foil: Strong in high-end copper foil technology [16]. - Copper Crown Copper Foil: Leader in RTF copper foil production, with significant revenue growth [16][18]. Industry Development Trends 1. **Technological Upgrades and High-end Development** - The industry is focusing on high-frequency, high-speed copper foil and ultra-thin products, with domestic companies achieving significant breakthroughs [20]. 2. **Market Demand Changes and New Application Areas** - The growth of 5G communication and new energy vehicles is driving demand for electronic circuit copper foil, particularly in high-performance applications [21][22]. 3. **Industry Chain Collaboration and Global Layout** - Companies are increasingly collaborating within the supply chain and expanding globally to enhance competitiveness and market presence [23].

倒计时10天 2025第五届起点两轮车换电大会 及轻型动力电池技术高峰论坛 活动主题： 换电之城 智慧两轮 主办单位： 起点锂电、起点钠电、起点两轮车及换电 活动时间： 2025年7月10-11日 活动地点： 深圳宝安登喜路国际酒店2楼国际厅 活动赞助/演讲/合作单位： 雅迪科技集团/台铃集团/新日股份/菜鸟集团/嘟嘟换电/司马出行/河豚换电/中兴派能/孚能科技/保力新/创明新能源/多氟多/博力威/ 睿恩新能源/诺达智慧/时代瑞象/优旦科技/逸飞激光/盾创科技/博观科技/尚闻科技/威胜能源/兆科动力/中国钠电/比克电池/鹏辉能源/亿纬锂能/星恒电源/先导智 能/小安科技/鑫晟达/精锐精密等 锂电产业"盈利回暖"初见端倪，继磷酸铁锂被连续下订后，锂电铜箔市场也迎来新一轮发展机遇。 据起点锂电观察，今年6月，多家锂电铜箔企业开启"爆单"模式，为2025年业绩增长奠定基础。 比如 德福科技 ，6月27日发布公告称，全资子公司九江德福近日分别与全球某光伏组件行业头部企业和全球某消费电池行业头部企业签署了 《定点协议》。 协议显示，未来3年及未来5年， 九江德福将 分别向 全球某光伏组件行业头部企业及 全球某消费电池行 ...

Group 1: Financial Support in Ningxia - The transformation of traditional industries in Ningxia is supported by financial services, exemplified by Weili Transmission's success in producing key components for large offshore wind turbines, aided by loans from local banks [2][3] - Weili Transmission received a stock repurchase loan of 54 million yuan from Bank of China Ningxia Branch, marking a significant financial milestone for the company [2] - The Ningxia banking sector has provided comprehensive financial services to 238 high-tech enterprises and 167 specialized enterprises, promoting the development of technology-driven industries [3] Group 2: Innovations in Manufacturing - The Shared Group has pioneered the industrial application of 3D printing technology in casting, supported by a total of 488 million yuan in loans from various banks over seven years [3] - Ningxia Zhonghuan Photovoltaic Materials Co., Ltd. is producing 50GW solar-grade monocrystalline silicon rods, backed by a 7.3 billion yuan syndicated loan from eight banks [4] Group 3: Financial Initiatives in Gansu - Gansu's banking sector is focusing on supporting new productive forces, with initiatives aimed at revitalizing traditional industries and fostering new ones [5] - Defu New Materials, a producer of electrolytic copper foil, received a 300 million yuan loan from the Export-Import Bank of Gansu to expedite its project development [6] - Gansu Bank provided 700 million yuan in working capital loans to support the technological advancements of Lanzhou Lanshi Petroleum Equipment Engineering Co., Ltd. [7] Group 4: Agricultural Innovations - The "Blue Sky Potato" agricultural industry chain platform, established by China Construction Bank in Gansu, connects various stakeholders in the potato industry, enhancing operational efficiency [7][8] - Since its launch in 2022, the platform has served over 29,000 potato farmers and facilitated the purchase of 1.345 million tons of potatoes [8]

温州宏丰电工合金股份有限公司 相关债券 2025 年跟踪评级报告 中鹏信评【2025】跟踪第【792】号 01 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 本评级机构与评级从业人员已履行尽职调查义务，有充分理由保证所出具的评级报告遵循了真实、客观、 公正原则，但不对评级对象及其相关方提供或已正式对外公布信息的合法性、真实性、准确性和完整性 作任何保证。 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 本次评级结果自本评级报告所注明日期起生效，有效期为被评证券的存续期。同时，本评级机构已对受 评对象的跟踪评级事项做出了明确安排，并有权在被评证券存续期间变更信用评级。本评级机构提醒报 告使用者应及时登陆本公司网站关注被评证券信用评级的变化情况。 本评级报告版权归本评级机构所有，未经 ...

广东嘉元科技股份有限公司 向不特定对象发行可转换公司债券 普策信评【2025】0015 号 广州普策信用评价有限公司 Philomax Credit Rating Co., Ltd 广东嘉元科技股份有限公司向不特定对象发行可转换公司债券 2025 年信用评级报告 优势 嘉元科技是电解铜箔行业头部企业，具备一定的规模优势。嘉元科技是国内电解铜箔行业第一梯队 企业，截至 2024 年末电解铜箔产能超过 11 万吨/年，近年来电解铜箔产、销量均保持增长，在 2024 年 分别达到 6.70 万吨、6.77 万吨。 公司保持较高的研发投入，核心产品具备较强的竞争力。公司 5μm、4.5μm 极薄电解铜箔已实现批 量生产销售，并掌握了 3.5μm 极薄电解铜箔的生产工艺核心技术、具备量产能力，具备很强的市场竞争 力。2022～2024 年，公司研发投入持续增长、占营业收入比例保持在 4%以上。 公司与主要客户合作关系稳定。公司与下游核心客户建立了长期、稳定的合作关系，2022～2024 年 对其销售额逐年增长，占比分别为 67.46%、69.37%和 65.81%。 公司资本结构稳健，融资渠道畅通。公司分别在 2021 ...