行 基础化工 2025 年 07 月 07 日 业 研 究 基础化工 新材料周报：阿科力 5000 吨/年 COC 正式投产， 2025Q2 华为出货量同比增长 12% 投资要点： 行 业 定 期 报 告 本周行情回顾。本周，Wind 新材料指数收报 3844.35 点，环比上涨 1.28%。 其中，涨幅前五的有久日新材(21.01%)、东岳硅材(14.14%)、东材科技(14.01%)、 赛伍技术(13.66%)、国恩股份(12.65%)；跌幅前五的有新亚强(-14.41%)、长阳 科技(-7.7%)、阿科力(-7.12%)、三祥新材(-4.99%)、斯迪克(-4.39%)。六个子行 业中，申万三级行业半导体材料指数收报 6068.81 点，环比下跌 1.23%；申万 三级行业显示器件材料指数收报 1072.34 点，环比上涨 0.19%；中信三级行业 有机硅材料指数收报 5963.11 点，环比上涨 1.4%；中信三级行业碳纤维指数收 报 1176.94 点，环比下跌 1.82%；中信三级行业锂电指数收报 1859.72 点，环 比下跌 2.99%；Wind 概念可降解塑料指数收报 1886.73 点，环 ...

Core Insights - Gansu Wuwei City promoted investment opportunities and signed 122 projects with a total investment of 46.421 billion yuan during the 31st Lanzhou Investment and Trade Fair, focusing on various sectors including new energy, equipment manufacturing, new materials, digital industries, and deep processing of agricultural products [1][2] Group 1: New Energy Projects - New energy projects accounted for over 60% of the total investment, with significant projects including a 300 MW photovoltaic project in Liangzhou District with an investment of 4 billion yuan, which will include the construction of photovoltaic arrays and supporting booster stations [1] - Other notable projects include a 250,000 kW wind power project in Minqin County and a 2 million kW photovoltaic project in Gulang County, which will enhance energy utilization efficiency through the construction of supporting energy storage facilities [1] - The innovative decentralized wind power project for smart streetlights in Tianzhu County combines new energy with infrastructure development, showcasing a new path for green development [1] Group 2: New Materials Industry - Wuwei City is accelerating its new materials industry layout, with the Dayaoxinlei active nano-calcium-based materials industrial base project in Gulang County investing 1.12 billion yuan and producing 200,000 tons of nano-calcium-based materials annually [2] - A high-performance silicon-carbon anode materials project will be developed in three phases with a total investment of 1 billion yuan, providing critical material support for the new energy industry chain [2] - Additional projects include a 60,000 tons per year lithium-ion battery anode materials integration project in Minqin County and a static pressure graphite purification project in Liangzhou District, further enriching the new materials industry ecosystem [2] Group 3: Agricultural and Environmental Projects - The signed projects in the agricultural sector focus on technology empowerment, such as the edible mushroom smart industrial park in Tianzhu County and the modern potato industrial park in Liangzhou District, which aim to enhance the added value of the industry through intelligent technology [2] - In the green and environmental sector, projects like the comprehensive utilization project for 40,000 tons of waste lithium batteries in Gulang County and the Tianzhu Impression biological research and development base reflect the deep practice of circular economy concepts [2]

研报金选 金选导读 1、钙钛矿量产倒计时！2030年130GW市场引爆，成本暴跌40%至8毛，这3类企业或将垄断下 一代光伏市场 2、"以塑代钢"核心材料，飞机汽车+医疗+机器人的万亿赛道密码，一张产业图谱全部get 1、钙钛矿量产倒计时！2030年130GW市场引爆，成本暴跌40%至8毛，这3类企业或将垄断下 一代光伏市场 钙钛矿效率潜力高成本低、2025年GW线逐步落地，降本增效促进下，钙钛矿有望成为下一 代光伏电池技术方向，建议重点关注：1）钙钛矿组件：推荐……；2）设备： ……； 3） 封装： ……； 4）TCO玻璃： …… 点击解锁钙钛矿产业标的估值表 研报观点： ①光伏产能过剩价格低位，供给侧+新技术破局...... ②百MW中试线运行成熟，GW线逐步落地...... ③市场前景广阔，设备+材料率先受益…… 点此解锁研报全文及推荐详情 2、"以塑代钢"核心材料，飞机汽车+医疗+机器人的万亿赛道密码，一张产业图谱全部get PEEK材料在医疗领域聚焦人造骨骼、填充物等应用场景丰富；是飞机轻量化的关键解决方案；是 人形机器人关节与传动系统的核心替代材料。有机构预计，2027年人形机器人给PEEK行业贡 ...

Core Viewpoint - Changsha is focusing on building a modern industrial system by enhancing industrial chain collaboration, transforming traditional industries, and nurturing emerging industries, which is essential for regional economic vitality [1][2]. Group 1: Industrial Development Strategy - The strategy emphasizes the importance of creating a complete industrial chain and fostering collaborative industrial clusters to enhance regional economic resilience [1][3]. - Changsha has established 17 industrial chains, including engineering machinery and advanced energy storage materials, leading to the emergence of six trillion-level manufacturing industry clusters [10][14]. - The "chain-long system" initiated in 2017 aims to connect upstream and downstream supply chains, promoting collaborative development among enterprises [9][17]. Group 2: Case Studies and Examples - The introduction of Guangdong Bangpu Recycling Technology Co., Ltd. in 2007 marked an early investment in the lithium battery new energy sector, showcasing proactive industrial layout [4]. - The advanced energy storage materials industry in Changsha has maintained a stable output value at the billion-level despite a 90% drop in lithium carbonate prices, thanks to a complete industrial chain [11][12]. - The establishment of the "Changsha Sodium-Ion Battery Innovation Alliance" in 2022 demonstrates a strategic move to capture new market opportunities in sodium-ion battery technology [13]. Group 3: Ecosystem and Future Planning - Changsha is building an "industrial forest ecosystem" that integrates various industries, ensuring mutual growth and resource sharing among enterprises [19][20]. - The "4433" modern industrial system includes four pillar industries, four emerging industries, three traditional industries, and three future industries, indicating a comprehensive approach to industrial development [21][23]. - The city is learning from other major cities to explore paths for emerging and future industries, enhancing its competitive edge in advanced manufacturing [22].

分析师：张刚 登记编码：S0730511010001 zhanggang@ccnew.com 021-50586990 晨会聚焦 | 国内市场表现 | | | | | --- | --- | --- | --- | | 指数名称 | | 昨日收盘价 | 涨跌幅(%) | | 上证指数 | | 3,472.32 | 0.32 | | 深证成指 | | 10,508.76 | -0.25 | | 创业板指 | | 2,022.77 | -0.47 | | 沪深 | 300 | 3,982.20 | 0.36 | | 上证 | 50 | 2,443.97 | -0.52 | | 科创 | 50 | 891.46 | 0.14 | | 创业板 | 50 | 1,924.26 | -0.67 | | 中证 | 100 | 3,770.32 | 0.25 | | 中证 | 500 | 5,911.44 | -0.19 | | 中证 | 1000 | 6,116.76 | 0.33 | | 国证 | 2000 | 7,801.23 | 0.58 | | 资料来源：聚源，中原证券研究所 | | | | 国际市场表现 | 指数 ...

Group 1 - The event "Talent Gathering in Jiangcheng" was held at China University of Geosciences (Wuhan), attracting 400 alumni seeking collaboration and establishing 4 industry-education cooperation platforms and 5 school-enterprise collaborative education projects [1] - The 4 industry-education cooperation platforms include: Hubei Modern Jewelry Industry College, Xinlun-Geosciences Frontier Materials Research Institute, Shendang-Geosciences New Materials Innovation Center, and Suizhou-Geosciences Materials and Chemical Industry Technology Innovation Center [1] - The 5 school-enterprise collaborative education projects include: "Zhou Dasheng Class," "Geosciences Tianma Class," "Zhongrong Innovation Studio," "Hanpu Innovation Studio," and "Heyuan Lithium Innovation Studio" [1] Group 2 - Xinlun New Materials Co., Ltd., founded in 2002 and recognized as a national high-tech enterprise, is involved in the establishment of the Frontier Materials Research Institute, focusing on joint talent cultivation and research results transformation [1] - The president of China University of Geosciences (Wuhan) emphasized the importance of alumni returning to Hubei to contribute to local development and innovation, aiming to create a collaborative community for innovation and development [1] - The event also marked the launch of the Industry Alumni Association, which aims to gather alumni resources and promote industry development in Hubei through a dual-track mechanism of regional and industry-specific alumni associations [2]

Core Insights - The article emphasizes the transformation of the Jurong City Political Consultative Conference (CPPCC) from passive duty fulfillment to proactive engagement in development through knowledge application [1][2][3] Group 1: Knowledge and Learning Initiatives - The Wenchang Academy serves as a library and a platform for idea exchange, hosting over 20 thematic activities this year, attracting more than 1,000 participants [2] - CPPCC members submitted 188 proposals and over 80 reports on public sentiment, focusing on key issues of concern to the municipal government and the public [2] Group 2: Practical Engagement and Development - CPPCC members actively engage in research and discussions on core topics such as reform empowerment and improving the business environment, showcasing their professional commitment [3] - Notable members, such as Cai Jiyan, promote Jurong's resources and business environment at various promotional events, receiving positive feedback [3] - Member Ren Ai leads a technology company to overcome technical challenges, contributing to local industrial strategies and proposing targeted initiatives for business growth [3] Group 3: Technological Innovation and Industry Development - Zhai Hongjin, Chief Engineer of Ningwu New Materials Co., focuses on technological breakthroughs, leading projects that align with international standards and save foreign exchange for the country [4] - His research on microchannel polyether polyol preparation technology has been adopted by the provincial CPPCC and submitted to the national level [4] Group 4: Enhanced Collaboration and Research - The CPPCC has upgraded its collaboration platforms to create a three-in-one system for micro-research, micro-consultation, and micro-supervision, enhancing the precision and efficiency of member duties [5] - Members have conducted over 20 field research activities, producing reports on various sectors, which have been effectively adopted [5] - The shift from waiting for tasks to proactively seeking topics reflects a renewed vigor in member engagement, positioning them as key drivers of local development [5]

2025年7月4-5日，由DT新材料主办、宁波盈诺科技孵化有限公司支持的 "尼龙改性及高性能化加 工技术高级研修班（第八期） " 在宁波·甬江实验室成功举办。 本届研修班特别邀请到：上海北冈新材料有限公司副总经理 朱俊 先生；DT新材料技术顾问、多家 上市公司技术顾问 孙洲渝 先生；泰山玻璃纤维有限公司副总工、热塑产品事业部总工程师 王炎涛 研修第二日：工艺/应用创新 先生；广州市寅源新材料股份有限公司总经理 赵国栋 先生；苏州纽迈分析仪器股份有限公司产品 经理 刘佳骏 先生；天津利安隆新材料股份有限公司应用技术总监 罗海 先生；克劳斯玛菲机械 （中国）有限公司工艺部门负责人 李鸣峰 先生；DT新材料技术顾问、重庆博材高分子材料有限公 司总经理 朱雄波 先生；上海博睿信化工科技有限公司总经理 孔新 先生，共计 九位 行业权威专 家，针对大家关注的 高温尼龙、高性能助剂、改性加工技术、创新配方设计、螺杆组合设计等 生 产难点，带来尼龙改性及高性能化加工技术全面研修。 研修首日：材料性能突破 点击回看首日精彩瞬间： 首日盛况直击 | 尼龙改性及高性能化加工技术高级研修班（第八期） 左右滑动查看更多 李鸣峰 | 克 ...

北交所策略专题报告 2025 年 07 月 06 日 海洋经济迎来新机遇，关注北交所化工材料利通科技、科隆新材等 北交所研究团队 ——北交所策略专题报告 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 国内海洋经济迎来高质量发展新机遇，相关标的有望受益 7 月 1 日，在中央财经委员会第六次会议上指出推进中国式现代化必须推动海洋 经济高质量发展，走出一条具有中国特色的向海图强之路。加强顶层设计，加大 政策支持力度，鼓励引导社会资本积极参与发展海洋经济。要提高海洋科技自主 创新能力，强化海洋战略科技力量，培育发展海洋科技领军企业和专精特新中小 企业。化工新材料是高端装备、航空航天、新能源、电子信息、节能环保、生物 技术等战略新兴产业的重要物质基础与支撑。北交所化工新材行业拥有多个海洋 经济标的，相关产品涉及海上风电、大型船舶制造、海上油气开采等多个领域。 利通科技持续推进石油软管技术升级，设计生产的超高压大长度酸化压裂软管总 成可配套海上油田压裂船，用于海上油气开采；科隆新材生产的耐高压软管可用 于大型船舶舰艇制造、橡胶减震件用于船上精密仪器的减震保护；吉林碳谷是 ...

2025 年 07 月 06 日 行业周报 看好/维持 基础化工 基础化工 化工新材料周报（20250630-20250706）： 生物航煤、制冷剂、多晶硅价格上涨，炭黑、维 E 等价格下滑 走势比较 (10%) (2%) 6% 14% 22% 30% 24/7/8 24/9/18 24/11/29 25/2/9 25/4/22 25/7/3 基础化工 沪深300 相关研究报告 <<化工周报（6/23-6/29）：草甘膦价 格大幅上涨，三代制冷剂价格维持高 位>>--2025-06-30 << 化 工 新 材 料 周 报 （ 20250623- 20250629）：生物航煤价格上涨，制冷 剂价格维持强势>>--2025-06-29 << 化 工 新 材 料 周 报 （ 20250616- 20250622）： 生物航煤、溴素价格上 涨，维生素、腈纶、多晶硅价格下 滑>>--2025-06-22 证券分析师：王亮 E-MAIL：wangl@tpyzq.com 分析师登记编号：S1190522120001 证券分析师：王海涛 E-MAIL：wanght@tpyzq.com 分析师登记编号：S11905230100 ...