证券日报网12月12日讯中仑新材（301565）在12月12日回答调研者提问时表示，公司首条BOPP新能源 膜材生产线已于2025年11月正式投产，第二条生产线预计于2026年下半年实现投产。首条生产线投产 后，已成功实现不同厚度BOPP电容膜产品的平稳量产，其中薄型膜产品已完成下游客户验证并进入量 产交付阶段；超薄型膜产品已实现成功生产，目前正处于下游客户验证流程中。公司BOPP生产线聚焦 薄型膜与超薄型膜产品领域，单条生产线预计年产能约2400吨(视产品厚度而定)。项目整体规划建设九 条生产线，首期工程将投产两条，后续将结合市场需求变化分阶段推进后续生产线的投资建设工作。 ...

Core Viewpoint - The company has successfully launched its first BOPP film production line and is progressing with its second line, focusing on thin and ultra-thin film products [1] Production Progress - The first BOPP film production line commenced operations in November 2025, with the second line expected to start in the second half of 2026 [1] - The first line has achieved stable mass production of BOPP capacitor film products in various thicknesses, with thin film products having completed customer validation and entered mass delivery [1] - Ultra-thin film products have been successfully produced and are currently undergoing customer validation [1] Production Capacity - Each production line is projected to have an annual capacity of approximately 2,400 tons, depending on the product thickness [1] - The overall project plans to construct nine production lines, with the initial phase involving the launch of two lines, and subsequent lines to be developed based on market demand [1]

Core Viewpoint - Zhonglun New Materials (301565) highlights the core advantages of BOPA film materials, including excellent barrier properties, high strength, and tensile resistance, making it an optimal choice for products requiring freshness and aroma preservation [1] Group 1: Product Advantages - BOPA film materials effectively block oxygen, reducing the need for additives and significantly extending the shelf life of food while ensuring freshness [1] - The high strength, tensile resistance, and lightweight characteristics of BOPA film materials allow for widespread application in heavier food and daily chemical products [1]

Core Viewpoint - The company has successfully launched its first BOPP (Biaxially Oriented Polypropylene) new energy film production line in November 2025, with a second line expected to commence production in the second half of 2026 [2] Production Capacity and Product Focus - The first production line has achieved stable mass production of BOPP capacitor film products of varying thicknesses, with thin film products having completed downstream customer verification and entered the mass delivery phase [2] - The ultra-thin film products have been successfully produced and are currently undergoing downstream customer verification [2] - The BOPP production lines focus on the thin and ultra-thin film product segments, with an estimated annual production capacity of approximately 24 million tons per line, depending on product thickness [2] Future Expansion Plans - The overall project plans to construct nine production lines, with the first phase involving the launch of two lines, and subsequent lines to be developed based on market demand changes [2]

每经头条（nbdtoutiao）——最新1520元，飞天茅台批价两年跌了43%，经销商躺赢神话破灭，当潮水 退去谁在裸泳？ （记者 王晓波） 截至发稿，长鸿高科市值为101亿元。 每经AI快讯，长鸿高科（SH 605008，收盘价：15.56元）12月10日晚间发布公告称，公司第三届第二十 三次董事会会议于2025年12月10日在公司会议室以现场结合通讯方式召开。会议审议了《关于提请召开 2025年第四次临时股东会的议案》等文件。 2024年1至12月份，长鸿高科的营业收入构成为：塑料薄膜制造占比60.93%，合成橡胶制造行业占比 37.8%，其他业务占比0.66%，其他非金属矿物制品制造占比0.61%。 ...

Group 1 - The company has a total of 9 patents related to fireproof and flame-retardant materials [2] - The patents involve the preparation and manufacturing processes of BOPP films, BOPET films, and wood-plastic new materials [2]

证券日报网讯 12月10日，德冠新材在互动平台回答投资者提问时表示，公司坚持"以客户为中心"，聚 焦市场和技术，通过产品迭代创新，不断推动产品力的提升。公司拥有高水平的技术研发能力，以"功 能化、高端化、环保化"为创新发展方向，为客户提供高性能、环保低碳的新材料。公司经过多年的发 展，已经建立起了IPD 集成产品开发管理体系，实行产品全生命周期管理。通过自主创新，公司形成了 热熔胶技术、空穴化技术、双向拉伸聚乙烯技术、功能母料技术等核心技术平台。公司的核心技术发明 专利4次荣获中国专利奖，在行业内处于领先地位。同时，公司以紧贴市场和客户的产品迭代创新能 力，建立了以IPD集成产品开发模式为核心的科研创新机制，以功能薄膜为主业，向上游功能母料、向 下游功能涂布延伸，构建起"料-膜-涂"一体化的产品技术路径，持续进行产品迭代升级，形成了功能薄 膜、功能母料为主的多元化产品格局。公司无胶膜产品通过持续迭代升级，在使用成本和环保方面具有 较强的竞争优势。公司标签膜、镭射膜、消光膜等具有良好的产品性能，受到客户广泛认可。 （文章来源：证券日报） ...

Group 1 - The company's stock price has deviated significantly, with a cumulative increase of over 20% over three consecutive trading days (December 3, 4, and 5, 2025) [1] - The company confirms that there are no violations of information disclosure regulations following a self-examination [1] - The BOPET industry leaders have reached a consensus on production cuts to achieve supply-demand balance, which may impact the company's performance but the sustainability of long-term price increases remains uncertain [1] Group 2 - The company emphasizes the importance of information disclosure through designated media, specifically the Securities Times and the Giant Tide Information Network [1] - The company commits to adhering to legal regulations and fulfilling its information disclosure obligations in a timely manner [1]

Core Viewpoint - Zhonglun New Materials Co., Ltd. is responding to the Shenzhen Stock Exchange's inquiry regarding its application for issuing convertible bonds, citing performance decline primarily due to fluctuations in crude oil prices and intensified industry competition [2][3]. Financial Performance - The company reported a slight increase in revenue but a continuous decline in net profit from 2022 to 2025, with revenues of 2.297 billion, 2.352 billion, 2.473 billion, and 1.537 billion yuan, and net profits of 285 million, 206 million, 113 million, and 67 million yuan respectively [2]. - The decline in performance is attributed to the correlation between raw material costs, particularly caprolactam, and crude oil prices, which dropped from $117.5 per barrel to $64.01 per barrel, a decrease of 45.53% [2]. Cash Flow and Debt Servicing - The company's operating cash flow turned positive by the end of September 2025, reaching 29.29 million yuan after being negative at -142 million yuan in the first half of 2025 [3]. - The company has sufficient debt servicing capability, with a coverage ratio of 183.13% based on the average operating cash flow over the past three years [3]. Profitability and Revenue Verification - There is a significant difference in gross margins between domestic and overseas sales, with domestic gross margin at 9.87% and overseas at 18.56% for the first nine months of 2025 [4]. - The company’s overseas revenue accounted for 54.22% of total revenue, with verification confirming the authenticity of overseas sales through various audit procedures [4]. Accounts Receivable and Inventory Management - As of the end of 2024, the company had accounts receivable of 234 million yuan, with a turnover rate of 7.23 times per year, indicating effective credit policies [5]. - Inventory management is also robust, with 96.13% of inventory aged less than one year and a low provision for inventory impairment at 1.23% [5]. Fundraising Projects - The company plans to use 868 million yuan from the convertible bond issuance for the industrialization project of high-performance membrane materials in Indonesia, which is expected to add 90,000 tons per year of BOPA membrane capacity [6][7]. - The project is anticipated to generate an additional net profit of 170 million yuan annually, with a gross margin of 17.74% [7].

Core Viewpoint - The company has successfully launched its high-performance capacitor film product, BOPP new energy film, and is receiving positive feedback from major industry clients [2] Group 1: Product Launch - The company held a global launch event for its high-performance capacitor film on November 3 [2] - The production line is operating smoothly, with efficient coordination across all processes [2] - The company has completed product sample testing for major industry clients, receiving positive feedback on performance and application compatibility [2] Group 2: Client Engagement - The company is actively progressing in customer collaborations and will disclose relevant orders as per information disclosure standards [2] - Client recognition and acceptance of the product are continuously improving [2]