天眼查App显示，近日，常州朗姆塑料科技有限公司成立，法定代表人为陈辉，注册资本100万人民 币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；汽车零 部件研发；塑料制品销售；橡胶制品销售；汽车零配件批发；机械零件、零部件销售；五金产品批发； 模具销售；电子产品销售；货物进出口；技术进出口；进出口代理（除依法须经批准的项目外，凭营业 执照依法自主开展经营活动）。 ...

天眼查App显示，近日，四川骁迦阖塑料有限公司成立，法定代表人为肖富国，注册资本100万人民 币，经营范围为一般项目：塑料制品制造；塑料制品销售；工程塑料及合成树脂制造；工程塑料及合成 树脂销售；玻璃纤维增强塑料制品制造；玻璃纤维增强塑料制品销售；谷物种植；城市绿化管理；园林 绿化工程施工；塑料包装箱及容器制造；规划设计管理；豆类种植；生态环境材料销售；豆及薯类销 售。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）许可项目：林木种子生产经营； 道路货物运输（网络货运）；道路货物运输（不含危险货物）。（依法须经批准的项目，经相关部门批 准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）（涉及国家规定实施准入 特别管理措施的除外）。 ...

天眼查App显示，近日，深圳市元图塑胶有限公司成立，法定代表人为赖桂荣，注册资本100万人民 币，经营范围为一般经营项目是：塑料制品制造；塑料制品销售；3D打印服务；3D打印基础材料销 售；喷涂加工；塑胶表面处理；金属表面处理及热处理加工；淬火加工；电镀加工；洗烫服务；五金产 品制造；五金产品批发；五金产品研发；电子产品销售；有色金属压延加工；有色金属合金销售；金属 材料制造；金属材料销售；模具制造；模具销售；新材料技术研发；有色金属铸造；高性能有色金属及 合金材料销售；金属切削加工服务；高品质合成橡胶销售；合成材料销售；合成材料制造（不含危险化 学品）；物业管理；非居住房地产租赁；以自有资金从事投资活动；企业管理；技术服务、技术开发、 技术咨询、技术交流、技术转让、技术推广；电子元器件制造；电子元器件批发；货物进出口；技术进 出口。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动），许可经营项目是：包装装潢 印刷品印刷。（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以相关部门 批准文件或许可证件为准）。 ...

天眼查App显示，近日，广东山普塑胶工业有限公司成立，法定代表人为楚志华，注册资本500万人民 币，经营范围为一般项目：塑料制品制造；塑料制品销售；橡胶制品制造；橡胶制品销售；五金产品制 造；五金产品批发；电子产品销售；电子元器件制造；电子元器件批发；电力电子元器件制造；电力电 子元器件销售；货物进出口；技术进出口；高品质合成橡胶销售；合成材料制造（不含危险化学品）； 合成材料销售；电子专用材料制造；电子专用材料销售；非居住房地产租赁；住房租赁；物业管理。 （除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Investment Rating - The investment rating for the company is "Buy" [8] Core Insights - The company has established a joint venture in Singapore with MT, holding a 40% stake, to expand into the industrial-grade drone sector and precision manufacturing [1][2] - The joint venture aims to leverage Singapore's strategic position as a global trade hub to enhance overseas business and global supply chain competitiveness [2] - The company is well-positioned to benefit from the growth in automotive intelligence and lightweighting trends, with a strong customer base including major brands like Xiaomi, Huawei, and BYD [4][5] Financial Projections - The projected net profit for the company from 2025 to 2027 is approximately 0.64 billion, 1.02 billion, and 1.46 billion CNY, representing year-on-year growth rates of 68%, 59%, and 43% respectively, with a CAGR of 57% [6] - Revenue is expected to grow from 1.027 billion CNY in 2025 to 1.531 billion CNY in 2027, with growth rates of 37% and 21% respectively [12] Business Expansion - The company is expanding into the drone sector through a 30% stake in Ningbo Lion King Technology, which focuses on intelligent unmanned aerial vehicle manufacturing [3] - The company’s product versatility and established customer relationships are expected to facilitate its entry into the robotics sector [3]

Core Viewpoint - Xintianli Technology Co., Ltd. has successfully passed the IPO review on the Beijing Stock Exchange, raising concerns about the sustainability of its operating performance and the rationale behind its commercial cooperation with Xiangpiaopiao [2] Group 1: Company Overview - Xintianli was established in 2005 and primarily engages in the research, production, and sales of plastic and paper food containers, serving major clients such as Xiangpiaopiao, Mixue Bingcheng, and Yili [3] - The company plans to raise 398 million yuan through its IPO to fund high-quality plastic food container expansion projects, upgrade its R&D center, and supplement working capital [3] Group 2: Financial Performance - Xintianli's revenue from 2022 to the first half of 2025 was 944 million yuan, 1.022 billion yuan, 1.101 billion yuan, and 536 million yuan, respectively, with net profits of 36 million yuan, 58 million yuan, 68 million yuan, and 43 million yuan [3] - In 2022, Xintianli's revenue and net profit decreased by 1.39% and 27.23% year-on-year, respectively [3] - The top five customers contributed revenues of 586 million yuan, 650 million yuan, and 722 million yuan from 2022 to 2024, accounting for 62.10%, 63.63%, and 65.60% of total revenue, indicating a high concentration of sales [3] Group 3: Client Performance Impact - In the first half of 2025, Xintianli's revenue from Xiangpiaopiao increased by 6.6081 million yuan, driven by growth in Xiangpiaopiao's ready-to-drink business, with sales of plastic food containers rising by 10.6308 million yuan, a year-on-year increase of 9.55% [3] - Xiangpiaopiao reported revenue of 1.035 billion yuan in the first half of 2025, a year-on-year decline of 12.21%, and a net loss of 97 million yuan, a year-on-year decline of 228.78% [4] - If Xiangpiaopiao's performance continues to decline, it may adversely affect Xintianli's financial results [4]

Core Viewpoint - Guangdong Zhongsu New Materials Co., Ltd. (Zhongsu Co.) has received approval for its IPO on the ChiNext board, focusing on the research, production, and sales of modified engineering plastics, with applications in various industries including consumer electronics, energy storage, automotive, and home appliances [1][2]. Financial Performance - In 2024, Zhongsu Co. achieved a revenue of 700 million yuan and a net profit of 92.57 million yuan after deducting non-recurring gains and losses [1][2]. - The company's revenue for the years 2022 to 2024 was 493 million yuan, 537 million yuan, and 700 million yuan, with a compound annual growth rate (CAGR) of 19.11% and 37.79% for net profit during the same period [2]. Gross Margin - Zhongsu Co.'s gross margin for its main business was 31.03% in 2024, significantly higher than the industry average of 21.42%, representing a difference of 9.61 percentage points [1][2][3]. - The gross margins for the years 2022 to 2024 were 26%, 31.97%, and 31.03%, respectively, compared to industry averages of 21.15%, 24.31%, and 21.42% [2]. Research and Development - The R&D expense ratios for Zhongsu Co. from 2022 to 2024 were 3.12%, 2.93%, and 3.62%, which were below the industry averages of 4.40%, 4.71%, and 3.92% for the same periods [4]. - As of March 31, 2025, the company had 66 R&D personnel, with 56.06% holding a diploma or lower [4]. Funding and Projects - Zhongsu Co. plans to raise approximately 645.49 million yuan through its IPO to fund projects including the construction of a high-performance engineering materials intelligent production base, expansion of the Jiangxi Zhongsu production base, establishment of a new materials engineering technology research center, and to supplement working capital [1].

Group 1 - The core point of the article is that Yokogawa Precision (SZ 300539) announced the convening of its fifth board meeting on October 9, 2025, to discuss the proposal for external investment and the establishment of a joint venture [1] - For the fiscal year 2024, the revenue composition of Yokogawa Precision is as follows: injection molding products account for 90.12%, precision molds account for 6.41%, and metal parts account for 3.47% [1] - As of the report date, Yokogawa Precision has a market capitalization of 14.2 billion yuan [1]

Group 1 - The core point of the news is that Changhong Technology's stock price increased by 5.32% to 13.65 CNY per share, with a trading volume of 118 million CNY and a turnover rate of 2.44%, resulting in a total market capitalization of 7.269 billion CNY [1] - Changhong Technology, established on April 11, 2001, and listed on December 22, 2010, operates in the high polymer plastic consumables and office automation (OA) equipment sectors, providing precision molds and overall production solutions [1] - The revenue composition of Changhong Technology includes 66.94% from intelligent manufacturing products, 25.87% from medical devices and consumables, 6.86% from precision molds and automated line equipment, and 0.34% from other sources [1] Group 2 - Among the top circulating shareholders of Changhong Technology, a fund under Southern Fund ranks as a significant stakeholder, with the Southern CSI 1000 ETF (512100) newly entering the top ten in the second quarter, holding 2.9428 million shares, which is 0.8% of the circulating shares [2] - The Southern CSI 1000 ETF (512100), established on September 29, 2016, has a latest scale of 64.953 billion CNY, with a year-to-date return of 28.58% and a one-year return of 34.04%, ranking 2093 out of 4221 and 1521 out of 3848 in its category, respectively [2]

数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 根据国家统计局数据显示：2025年8月中国塑料制品产量为687万吨，同比下降4.1%；2025年1-8月中国 塑料制品累计产量为5218.1万吨，累计增长3.6%。 2020-2025年1-8月中国塑料制品产量统计图 上市企业：国恩股份（002768）,金发科技（600143）,佛塑科技（000973）,沧州明珠（002108）,永新股 份（002014）,王子新材（002735）,宏和科技（603256）,道明光学（002632）,裕兴股份（300305）,银 禧科技（300221） 相关报告：智研咨询发布的《2025-2031年中国塑料制品行业市场现状分析及未来前景规划报告》 ...