Summary of Jinfa Technology Conference Call Company Overview - **Company**: Jinfa Technology - **Industry**: New Materials, Special Engineering Plastics, Petrochemicals Key Points and Arguments Sales and Production Goals - Jinfa Technology maintains a sales target of 300,000 tons for 2025, unaffected by external market fluctuations [2][3] - The new materials segment shows improvement in biodegradable plastics, special engineering plastics, and composite materials, particularly benefiting from import substitution opportunities [2][3] Special Engineering Plastics - Special engineering plastics sales reached 24,000 tons last year, with high-temperature nylon being the largest contributor [4] - The company is constructing 15,000 tons of LCP capacity, expected to be released gradually by the end of the year [4][15] - PPSU is experiencing rapid growth due to expanded applications in consumer electronics, medical, and new energy sectors [15][16] Financial Performance - The overall profit per ton is approximately 1,000 yuan, with higher margins for overseas orders [12] - The special engineering plastics segment is expected to see a growth rate of over 30% this year, with a net profit of about 10,000 yuan per ton [16] Impact of Tariffs - Tariff changes have positively impacted special engineering plastics due to the replacement of U.S. suppliers, while the impact on sensing plastics is minimal [5] - The petrochemical segment has managed to mitigate the impact of propane price fluctuations through inventory management [5][6] Operational Developments - The Ningbo base has transitioned to solid operations, increasing polypropylene production to 900,000-1,000,000 tons with decreasing costs [9] - The integrated modification device is set to be operational in Q4, producing specialized materials for automotive applications [9] International Expansion - The overseas base layout is progressing well, with new facilities in Vietnam and Spain, and ongoing construction in Mexico and Poland [10] - The company aims to increase the overseas business proportion to over 30% in the coming years [10] Customer Base and Order Quality - New overseas orders come from industries such as automotive, home appliances, new energy, and consumer electronics, with better order quality and margins compared to domestic orders [11][12] Management and Strategy - The new management team, primarily composed of individuals born in the 1980s, has maintained a stable strategy focusing on core businesses and optimizing the supply chain [23] - The company has implemented strict performance evaluation mechanisms for the new management, including revenue, profit, and turnover rate metrics [24] Future Outlook - The company is considering expanding its polymer production capacity based on future demand, with a focus on maximizing investment returns [19][21] - Jinfa Technology is actively exploring emerging industries, such as robotics, to ensure maximum investment returns [22] Employee Incentives - The company has established a dual incentive system combining cash rewards and stock options to motivate management and retain talent [24][25][26] Additional Important Information - The company is developing a one-stop solution for humanoid robots, providing a wide range of high-temperature materials for various applications [20] - The management emphasizes a calm approach to external market changes, focusing on technological advancements to enhance product competitiveness [23]

Group 1 - In the first three months of 2025, the primary plastic production in Qinghai Province reached 187,000 tons, a decrease of 8.9% compared to the same period in 2024, with a growth rate 16.2 percentage points lower than 2024 and 18.5 percentage points lower than the national average [1] - The total primary plastic production in Qinghai accounted for 0.5% of the national output of 34,410,488.5 tons during the same period [1] - In March 2025, the primary plastic production in Qinghai was 62,000 tons, down 19.8% year-on-year, with a growth rate 41.6 percentage points lower than 2024 and 30.0 percentage points lower than the national average [2] Group 2 - The production in March 2025 represented 0.5% of the national primary plastic production of 12,259,179.2 tons [2] - The data indicates a significant decline in production both in the first quarter and specifically in March, highlighting potential challenges in the local plastic industry [1][2]

Report Summary 1. Report Industry Investment Rating - The trend strength of LLDPE is 0, indicating a neutral stance [3][4]. 2. Core View of the Report - Short - term: Do not chase short positions due to the short - term rebound of crude oil at the cost end and the decent low - price trading volume of polyethylene [2]. - Long - term: There is still pressure on LLDPE as the supply pressure is large with new PE plant capacities in 2025 and the demand is weak [2]. 3. Summary According to Relevant Catalogs 3.1 Fundamental Tracking - **Futures Data**: The closing price of L2509 was 7049, with a daily increase of 1.09%. The trading volume was 344,165, and the open interest decreased by 10,950 [1]. - **Basis and Spread**: The basis of the 09 contract was - 49 (previous day: 37), and the 09 - 01 contract spread was 31 (previous day: 27) [1]. - **Spot Prices**: In North China, the price was 7000 yuan/ton; in East China, it was 7100 yuan/ton; in South China, it was 7230 yuan/ton, remaining unchanged from the previous day [1]. 3.2 Spot News - LLDPE market prices fluctuated between 10 - 50 yuan/ton. The linear futures opened higher and fluctuated upwards, boosting the market trading atmosphere. Some ex - factory prices of PetroChina in the Northwest and Northeast were adjusted, while most others remained stable. Traders tentatively raised prices, and end - users made purchases at low prices [1]. 3.3 Market Condition Analysis - **Macro - aspect**: The trade war has increased global trade uncertainty, but the short - term rebound of crude oil at the cost end and the decent low - price trading volume of polyethylene suggest not to chase short positions [2]. - **Supply - demand**: In the 09 contract of 2025, the expected new PE plant capacity in China is 2.05 million tons, resulting in large supply pressure. Although there are many maintenance plans in June, it is not enough to change the high - production pattern. The demand for agricultural films is in the off - season, with the overall operating rate decreasing by 1.07% compared to the previous period, and the demand will continue to decline. The demand for packaging films is average, with the operating rate decreasing by 0.59%. Downstream factories have phased low - price restocking, but the continuous restocking strength is insufficient [2]. - **Capacity Switch**: Attention should be paid to the price difference between low - density and linear polyethylene. As the HDPE inventory continues to decline and the price difference widens, there may be a capacity switch between the two. Some plants have already started to switch production, and if full - density plants continue to switch to HDPE, the supply pressure of LLDPE may be alleviated [2].

聚乙烯风险管理日报 戴一帆（投资咨询证号：Z0015428） 顾恒烨（期货从业证号：F03143348 ） 投资咨询业务资格：证监许可【2011】1290号 聚乙烯价格区间预测 | | 价格区间预测（月度） | 当前波动率（20日滚动） | 当前波动率历史百分位（3年） | | --- | --- | --- | --- | | 聚乙烯 | 6900-7200 | 14.89% | 36.3% | source： 南华研究,同花顺 聚乙烯套保策略表 | 情景分析 | 现货 | 策略推荐 | 套保工具 | 买卖 | 套保比例(%) | 建议入 | | --- | --- | --- | --- | --- | --- | --- | | | 敞口 | | | 方向 | | 场区间 | | 库存 产成品库存偏高，担心 管理 塑料价格下跌 | 多 | 为了防止存货跌价损失，可以根据企业的库存情 况，做空塑料期货来锁定利润，弥补企业的生产 成本 | L2509 | 卖出 | 25% | 7100- 7150 | | | | 卖出看涨期权收取权利金降低成本，若聚乙烯价 格上涨还可以锁定现货卖出价格 | L2509C72 ...

Core Viewpoint - PEEK (Polyether Ether Ketone) is recognized as a third-generation high-performance thermoplastic engineering plastic, ideal for replacing traditional materials like metals and ceramics due to its superior properties such as high temperature resistance, self-lubrication, high strength, and chemical stability [1][3] Group 1: Performance Characteristics - PEEK exhibits excellent performance in high temperature (long-term use temperature > 260 °C), self-lubrication (friction coefficient 0.15–0.35), high strength (tensile strength > 150 MPa), and chemical stability (resistant to pH 1–14 corrosion), making it a preferred choice over traditional materials [1][3] Group 2: Synthesis Process - The main synthesis method for PEEK is nucleophilic substitution, which allows for precise control over the reaction process, resulting in high structural regularity and performance stability of the material [2] - The nucleophilic substitution process, while effective, incurs higher costs due to stringent reaction conditions and raw material expenses [2] Group 3: Demand and Market Potential - PEEK's lightweight, extreme environment resistance, low friction wear, and electromagnetic compatibility make it a critical material in robotics, with applications in motors, bearings, reducers, and housings [3] - Assuming a usage of 10 kg of PEEK per robot and a market price of 400,000 yuan per ton, a production of one million robots could generate a demand of 10,000 tons of PEEK, corresponding to a market size of 4 billion yuan [3] Group 4: Supply Landscape - The PEEK market has high technical barriers, with few companies mastering large-scale industrial production, primarily dominated by Victrex, Solvay S.A, and Evonik Industries AG [4] - Domestic companies such as Zhongyan Co., Watte Co., and Jinfat Technology are rapidly emerging, with significant production capacity being developed [4] - Key suppliers for PEEK raw materials include companies like Xinhang New Materials and Zhongxin Fluorine Materials for DFBP, and Brothers Technology for phenol [4]

Report Industry Investment Ratings No relevant content provided. Core Views - Crude oil: After OPEC's production increase in July, the previous negative factors were exhausted. With the threat of wildfires in Canada and rising geopolitical risks, combined with short - term macro - stability, oil prices are strong in the short - term. However, in the long - term, due to relatively weak demand and continuous supply growth, the upside space is limited. The short - term Brent price is expected to oscillate at a high level, with the operating range moving up to $65 - 68 per barrel, and the medium - term range is expected to be $63 - 70 per barrel [1][2]. - Asphalt: The overall supply - demand pattern is loose. Although the cost of crude oil has increased, the market's acceptance of high - priced resources is poor. In the short - term, the terminal demand is limited, and the mainstream transaction price is concentrated at the lower end. However, due to the maintenance plan of some refineries and low inventory levels, the price has a certain upward trend [3][4]. - Liquefied gas: In the international market, the CP price has increased, while the FEI has decreased. In the domestic market, supply is increasing, and the summer off - season has increased the pressure on the market, with the fundamentals running weakly [8]. - Fuel oil: High - sulfur fuel oil has high near - month cracking and month - to - month spreads, and the spot premium has rebounded. The supply from Russia, Mexico, and the Middle East is expected to decline, while the demand for seasonal power generation is supportive. Low - sulfur fuel oil has a stable supply increase and weak downstream demand [9][11]. - Natural gas: In the US, due to increased demand, the price is expected to rebound. In Europe, supply restrictions and geopolitical tensions offset weak demand, and the price has returned above 35 euros. Europe still faces challenges in refilling gas storage [12][13]. - PX: As the efficiency of PX improves, the operating rate is expected to increase in June, and the supply - demand situation is expected to improve, with the spot shortage situation expected to ease [14][16]. - PTA: The supply is expected to increase, while the polyester industry plans to reduce production, and the supply - demand relationship is expected to weaken, and the processing fee may be compressed [17][18]. - Ethylene glycol: The inventory is expected to decline in the short - term, but the supply will increase in June due to some restarted maintenance. The downstream polyester operating rate is weakening, and the supply - demand gap is expected to narrow, maintaining a tight balance [20][21]. - Short - fiber: The operating rate is stable, and the terminal demand is mainly for fulfilling previous orders. There are still production reduction plans in June, but the supply loss is limited. The processing fee is expected to be strongly supported [22][23]. - Bottle - chip: The operating rate has decreased, and the processing fee fluctuates within a narrow range. In June, the downstream soft - drink industry will enter the production peak, and the supply - demand situation is expected to be strong, with the processing fee having strong support [24][26]. - Styrene: The supply is expected to increase, and the port inventory is expected to increase from a low level, with the supply - demand relationship weakening [26][27]. - PVC: The supply - demand situation is expected to be weak in the medium - to - long - term, with supply increasing and demand affected by real estate and export uncertainties [29][30]. - Caustic soda: The 09 - contract is expected to be weak, with the medium - term trend being bearish. Although there is still some support in the short - term, the upward driving force for the spot price is weakening [30][31]. - Plastic and PP: The new production capacity is being realized, and the downstream demand is weak. The 09 - contract's supply - demand situation is expected to be weak [32][34]. - Glass: The supply pressure is increasing, and the demand is affected by the real estate cycle. The short - term price is expected to oscillate weakly, and the medium - term focus is on cost reduction and factory cold - repair [34][37]. - Soda ash: The supply is increasing, the cost is weakening, and the demand is stable in the short - term but worrying in the medium - term. The price is expected to decline gradually [38][40]. - Urea: The daily output is at a high level, and the demand is affected by factors such as international price changes, compound fertilizer production, and export policies. The short - term price is expected to oscillate [41][42]. - Methanol: The international supply is still high, the domestic supply is loose, and the port is starting to accumulate inventory. The price is still recommended to be shorted on rebounds [43][45]. - Log: The downstream market is still sluggish, and the long - term market faces challenges from weak real - estate demand and increased port inventory. However, the large scale difference in delivery has a certain supporting effect on the current price [45][48]. - Double - offset paper: The market was weak in May, and in June, short - term technical rebounds may occur, but long - term risks from over - capacity and weak demand need to be vigilant [48][49]. - Corrugated paper: In May, the demand showed structural improvement, but in June, attention should be paid to factors such as the implementation of price - increase policies, export order sustainability, and waste - paper price fluctuations [50]. - Natural rubber: The domestic inventory is still at a high level, and the production index of French rubber machinery has decreased. The short - term trading strategy is to hold short positions [51][54]. - Pulp: The domestic and foreign paper - making industries have shown signs of production reduction, which is negative for the SP single - side. The short - term trading strategy is to try to go long on a small scale [54][56]. - Butadiene rubber: The short - term supply contraction has led to price increases, and in the medium - term, attention should be paid to the expansion of downstream ABS capacity. The short - term trading strategy is to hold short positions [58][60]. Summary by Related Catalogs Crude Oil - Market Review: WTI2507 contract settled at $63.41, up $0.89 per barrel, a month - on - month increase of 1.42%; Brent2508 contract settled at $65.63, up $1.00 per barrel, a month - on - month increase of 1.55%. SC main contract 2507 rose 12.4 to 465 yuan per barrel, and in the night session, it rose 4.0 to 469 yuan per barrel [1]. - Related News: The US has asked countries to submit their best trade negotiation plans by Wednesday. The US labor market is showing signs of softening, with an increase in job vacancies but also a large increase in layoffs [1]. - Logic Analysis: After OPEC's production increase, the previous negative factors were exhausted. Geopolitical risks have risen, and the macro - situation is stable in the short - term. However, in the long - term, due to weak demand and continuous supply growth, the upside space is limited [2]. - Trading Strategy: Short - term high - level oscillation, medium - term wide - range oscillation; gasoline and diesel cracking spreads are expected to weaken; options are on hold [2]. Asphalt - Market Review: BU2507 closed at 3524 points (+1.21%) in the night session, and BU2509 closed at 3495 points (+1.13%) in the night session. The spot price in Shandong on June 3 was 3470 - 3870 yuan, in the East China region was 3550 - 3620 yuan, and in the South China region was 3360 - 3450 yuan [3]. - Related News: The mainstream transaction price in Shandong rose by 25 yuan per ton. The demand is weak, and the acceptance of high - priced resources is poor. However, due to the maintenance plan of some refineries and low inventory levels, the price has increased [3][4]. - Logic Analysis: The supply - demand pattern is loose, and the price is mainly stable. In the short - term, the terminal demand is limited, and the mainstream transaction price is concentrated at the lower end [3][4]. - Trading Strategy: Oscillation; asphalt - crude oil spread oscillates at a high level; options are on hold [6]. Liquefied Gas - Market Review: PG2507 closed at 4075 (+0.27%) in the night session, and PG2508 closed at 4004 (+0.18%) in the night session. The spot price in South China, East China, and Shandong is given [6]. - Related News: The market in South China is generally stable, with some hidden discounts. The market in Shandong is stable with some small increases, and the ether - post - carbon - four market is expected to rise steadily [7]. - Logic Analysis: Internationally, the CP price has increased, and the FEI has decreased. Domestically, supply is increasing, and the summer off - season has increased market pressure, with the fundamentals running weakly [8]. Fuel Oil - Market Review: FU07 contract closed at 2943 (-0.03%) in the night session, and LU07 closed at 3535 (+1.61%) in the night session. The Singapore paper - futures market's month - to - month spreads are given [9]. - Related News: Russia's exports of some oil products are expected to change in June, and Nigeria's Dangote refinery will import a large amount of US WTI crude oil in July [9]. - Logic Analysis: High - sulfur fuel oil has high near - month cracking and month - to - month spreads, and the spot premium has rebounded. Low - sulfur fuel oil has a stable supply increase and weak downstream demand [11]. - Trading Strategy: On hold for single - side trading; go long on the FU9 - 1 positive spread when the price is low [12]. Natural Gas - Market Review: HH contract closed at 3.7 (+0.76%), TTF closed at 35.848 (+2.38%), and JKM closed at 12.345 (+1.69%) [12]. - Logic Analysis: In the US, due to increased demand, the price is expected to rebound. In Europe, supply restrictions and geopolitical tensions offset weak demand, and the price has returned above 35 euros. Europe still faces challenges in refilling gas storage [12][13]. - Trading Strategy: Go long on HH on dips; TTF is expected to oscillate strongly [14]. PX - Market Review: PX2509 main contract closed at 6524 (-1.42%) during the day and 6618 (+1.44%) in the night session. The spot price, MOPJ valuation, and PXN spread are given [14]. - Related News: The sales of polyester yarn in Jiangsu and Zhejiang are light [15]. - Logic Analysis: As the efficiency of PX improves, the operating rate is expected to increase in June, and the supply - demand situation is expected to improve, with the spot shortage situation expected to ease [16]. - Trading Strategy: High - level oscillation; go long on PX and short PTA; sell both call and put options [16]. PTA - Market Review: TA509 main contract closed at 4628 (-1.53%) during the day and 4706 (+1.69%) in the night session. The spot price and basis are given [17]. - Related News: The sales of polyester yarn in Jiangsu and Zhejiang are light, and a PTA device has restarted [15][18]. - Logic Analysis: The supply is expected to increase, while the polyester industry plans to reduce production, and the supply - demand relationship is expected to weaken, and the processing fee may be compressed [18]. - Trading Strategy: High - level oscillation; go long on PX and short PTA; sell both call and put options [18]. Ethylene Glycol - Market Review: EG2509 main contract closed at 4306 (-0.99%) during the day and 4319 (+0.30%) in the night session. The spot price and basis are given [18][19]. - Related News: The sales of polyester yarn in Jiangsu and Zhejiang are light, and some EG devices have restarted or are under maintenance [20]. - Logic Analysis: The inventory is expected to decline in the short - term, but the supply will increase in June due to some restarted maintenance. The downstream polyester operating rate is weakening, and the supply - demand gap is expected to narrow, maintaining a tight balance [21]. - Trading Strategy: High - level oscillation; basis positive spread; sell call options [22]. Short - fiber - Market Review: PF2507 main contract closed at 6338 (-0.72%) during the day and 6426 (+1.39%) in the night session. The spot price in different regions is given [22]. - Related News: The sales of polyester yarn in Jiangsu and Zhejiang are light [23]. - Logic Analysis: The operating rate is stable, and the terminal demand is mainly for fulfilling previous orders. There are still production reduction plans in June, but the supply loss is limited. The processing fee is expected to be strongly supported [23]. - Trading Strategy: High - level oscillation; short PTA and long PF; options are on hold [24]. Bottle - chip - Market Review: PR2507 main contract closed at 5912 (-1.17%) during the day and 5958 (+0.78%) in the night session. The spot price of polyester bottle - chips is given [24]. - Related News: The export quotes of polyester bottle - chip factories are mostly stable [25]. - Logic Analysis: The operating rate has decreased, and the processing fee fluctuates within a narrow range. In June, the downstream soft - drink industry will enter the production peak, and the supply - demand situation is expected to be strong, with the processing fee having strong support [26]. - Trading Strategy: Oscillation consolidation; options are on hold; sell call options [26]. Styrene - Market Review: EB2507 main contract closed at 7018 (-1.71%) during the day and 7133 (+1.64%) in the night session. The spot price and basis in different periods are given [26]. - Related News: The inventory in the East China main port of styrene has increased, and the upstream pure - benzene port inventory has also increased [26]. - Logic Analysis: The supply is expected to increase, and the port inventory is expected to increase from a low level, with the supply - demand relationship weakening [27]. - Trading Strategy: Oscillation weakly; options are on hold; sell call options [28]. PVC and Caustic Soda - Market Review: The spot price of PVC has slightly decreased, and the spot price of caustic soda in different regions has changed [29]. - Related News: The price of caustic soda in some factories has changed, and the Indian BIS hearing has no news yet [30]. - Logic Analysis: PVC's supply - demand situation is expected to be weak in the medium - to - long - term, and caustic soda's 09 - contract is expected to be weak, with the medium - term trend being bearish [30][31]. - Trading Strategy: For single - side trading, go short on caustic soda at high prices and hold short positions on PVC; for arbitrage, arrange a 7 - 9 reverse spread when the spot weakens; options are on hold [32]. Plastic and PP - Market Review: The spot price of LLDPE in different regions has changed, and the spot price of PP in different regions has decreased [32]. - Related News: The maintenance ratio of PE and PP has decreased [33]. - Logic Analysis: The new production capacity is being realized, and the downstream demand is weak. The 09 - contract's supply - demand situation is expected to be weak [34]. - Trading Strategy: Short - and medium - term weakness, hold short positions; options are on hold; arbitrage is on hold [34]. Glass - Market Review: The glass futures 09 - contract closed at 954 (-2.85%) during the day and 965 (+1.15%) in the night session. The spot price in different regions has changed [34][35]. - Related News: The China May Caixin Manufacturing PMI has contracted, and the price of the domestic float - glass market has decreased slightly. A glass production line has restarted [36]. - Logic Analysis: The supply pressure is increasing, and the demand is affected by the real estate cycle. The short - term price is expected to oscillate weakly, and the medium - term focus is on cost reduction and factory cold - repair [37]. - Trading Strategy: Price oscillates weakly [38]. Soda Ash - Market Review: The soda - ash futures 09 - contract closed at 1185 (-1.2%) during the day and 1213 (+2.4%) in the night session. The spot price in different regions has changed [38]. - Related News: A soda - ash device has resumed operation, and the domestic soda - ash market is adjusting weakly [39][40]. - Logic Analysis: The supply is increasing, the cost is weakening, and the demand is stable in the short - term but worrying in the medium - term. The price is expected to decline gradually [40]. - Trading Strategy: Bearish judgment, gradual

【PVC开工、库存】 开工：截至5月29日，PVC粉整体开工负荷率为74.60%，环比提升1.49个百分点；其中电石法PVC粉开 工负荷率为75.71%，乙烯法PVC粉开工负荷率为71.71%。 库存：截至5月29日，PVC社会库存环比-4.12%至59.76万吨，同比-32.78%；其中华东地区在54.47万 吨，华南地区在5.29万吨。 【PVC现货】 【PVC行情展望】 国内PVC粉市场现货价格窄幅弱调，价格重心小幅下移。PVC期货区间震荡，贸易商基差变化不大，点 价成交部分略有价格优势。整体下游采购积极性较低，市场内现货成交平平。5型电石料，华东主流现 汇自提4600-4720元/吨，华南主流现汇自提4700-4750元/吨，河北现汇送到4470-4590元/吨，山东现汇送 到4590-4650元/吨。 免责声明：本报告中的信息均来源于被广发期货有限公司认为可靠的已公开资料，但广发期货对这些信 息的准确性及完整性不作任何保证。在任何情况下，报告内容仅供参考，报告中的信息或所表达的意见 并不构成所述品种买卖的出价或询价，投资者据此投资，风险自担。本报告的最终所有权归报告的来源 机构所有，客户在接收到本报 ...

据金融界报道，日本可能通过提供资金和技术帮助，以推动与美国在6月中旬前达成关税协议。这其中包括投资阿拉斯加液化天然气（LNG）管 道项目、分享造船技术等。日本将展示其在破冰船建造方面的优势，随着北极地区安全担忧加剧，这一领域的需求日益增长。日本首相石破茂表 示，他亲自指定的贸易谈判代表赤泽亮正在华盛顿与美国同行举行第三轮会谈后返回东京。赤泽亮正表示，他希望在石破茂与特朗普计划于下个 月在加拿大举行的七国集团（G-7）峰会间隙会晤前达成协议。 然而，日本在谈判中也面临着诸多难题。一方面，日本依赖美国提供安全保护，在军事上对美国有一定的依赖；另一方面，美国此前曾指责日本 故意压低日元汇率，使其出口获得贸易优势，这使得谈判更加复杂。日本能否在谈判中迫使美方让步，全面取消汽车关税，还有待观察。但可以 确定的是，美国若不重视日本的诉求，日本国内的政治压力将会持续增大，这对美日关系的发展可能产生不可忽视的影响。 特朗普（资料图） 当前的中美经贸关系正处于一个微妙的转折点。美国企业原本期待的"短暂和解"并没有带来商业关系的修复，反而发现中国市场已经发生了不可 逆的变化。这种变化不仅体现在贸易数据上，更反映在中国企业对供应链 ...

点击 最 下方 " 推荐"、"赞 "及" 分享 "，"关注"材料汇 添加 小编微信 ，遇见 志同道合 的你 正文 特种塑料作为高性能高分子材料的核心品类，凭借其耐高温、高强度、耐化学腐蚀等特性，已成为支撑高端制造、新能源、航空航天等战略产业的关键基础材料。 2022 年全球特种工程塑料市场规模达940亿元，2018-2022 年复合增长率9.58%，而中国市场规模同期增长至135亿元，占全球份额 14 %。主要的特种塑料品种包括 聚碳酸酯、特种聚酰胺、聚酰亚胺、聚醚醚酮、聚砜 等。尽管中国特种工程塑料市场规模不断扩大，但其自给率仍相对较低。 PEEK材料拥有出色的耐高温、耐化学腐蚀、高强度、高刚性、良好的尺寸稳定性和自润滑性等特点。 其长期使用温度可达 260℃，短期使用温度能达到 300℃以 上，同时在各种化学介质中表现稳定，机械性能在高温环境下依然保持良好。这些优异性能使得 PEEK 材料成为众多高端制造业的理想选择，在人形机器人领域的 关节部位、传动部位等都有使用需求。相较于传统合金和不锈钢材料， PEEK 材料在质量、自润滑性、耐腐蚀性方面有明显优势 。综合考虑下来，假设通用性人 形机器人的制造成本在 ...

Company Overview - As of May 30, 2025, Jinfa Technology (600143) closed at 10.26 CNY, down 2.01% from the previous week's 10.47 CNY [1] - The highest intraday price for Jinfa Technology on May 26 was 10.52 CNY, while the lowest on May 29 was 10.23 CNY [1] - The current total market capitalization of Jinfa Technology is 27.052 billion CNY, ranking 1st in the plastic sector out of 72 companies and 532nd out of 5146 in the A-share market [1] Company Announcements - Jinfa Technology has provided additional guarantees for its subsidiaries amounting to 1.4492251 billion CNY [1] - The guarantees involve Ningbo Jinfa New Materials Co., Ltd., Liaoning Jinfa Technology Co., Ltd., and Guangdong Jinfa Technology Co., Ltd. [1] - The total amount of guarantees provided by the company and its subsidiaries is 23.22 billion CNY, which accounts for 129.27% of the audited net assets for 2024 [1] - The credit status of the guaranteed parties is good, and they are not classified as dishonest executors [1]