证券之星消息，12月30日金属新材料板块较上一交易日下跌0.79%，天力复合领跌。当日上证指数报收 于3965.12，下跌0.0%。深证成指报收于13604.07，上涨0.49%。金属新材料板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000aea | 安泰科技 | 1.10亿 | 5.59% | -4303.11万 | -2.19% | -6677.19万 | -3.40% | | 600255 鑫科材料 | | 394.37万 | 1.03% | -190.95万 | -0.50% | -203.41万 | -0.53% | | 605158 华达新材 | | 316.35万 | 18.17% | 86.02万 | 4.94% | -402.37万 | -23.11% | | 601137 | 博威台金 | 265.11万 | 0.59% | -1063.08万 | -2.36% | 797 ...

贵金属：黄金平稳，白银受到短缺预期大幅上行。 西方经济体圣诞节，整体宏观经济政策变化较少。上周黄金价格继续温和上涨， COMEX 黄金价格突破 4500 美金 / 盎司。白银由于现货短缺的预期大幅走强，伦敦现货白银价格大幅上行并突破 79 美元 / 盎司。其他贵金属方面，铂由于供需缺口的持续存 在，价格快速上行。钯价格稳步上行，高位震荡较大。展望 2026 年，我们认为央行购金、黄金 ETF 持仓份额上升、美联储仍有降息预期，且日本加息的背 景下，美元指数走弱或将持续，多因素都将支撑黄金价格。短期关注俄乌谈判地缘政治风险下行，或将对黄金有所利空。白银来看，白银库存的短缺持续存 在，价格或将偏强运行。 铜：沪铜突破 10 万关口，关注后续市场情绪波动。 铜供给扰动再起，智利 Mantoverde 铜矿的劳资谈判僵持进一步引发市场对于 2026 年铜矿供给担忧。 12 月 26 日国家发改委发文鼓励铜冶炼骨干企业实施兼并重组。铜供给偏紧，非美地区低库水平，叠加有色金属行情较热，推动沪铜突破 10 万元，创历史 新高。后续关注市场情绪波动，以及期货微观结构变化对价格的影响。 铝：宏观情绪偏向利好，铝价预计维持高位震 ...

Group 1 - The metal new materials sector experienced a slight decline of 0.08% on December 29, with Shenzhen Xinxing leading the drop [1] - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1] - Notable gainers in the metal new materials sector included Srey New Materials, which rose by 6.10% to a closing price of 40.19, and Huitong New Materials, which increased by 5.16% to 21.79 [1] Group 2 - The sector saw a net outflow of 563 million yuan from institutional investors, while retail investors contributed a net inflow of 709 million yuan [2] - Major stocks with significant net inflows from retail investors included Galaxy Magnetics, which saw a net inflow of 795.11 million yuan, and Huitong New Materials with a net inflow of 251.34 million yuan [3] - Conversely, stocks like Huada New Materials and Yinstar experienced net outflows from both institutional and retail investors, indicating a shift in investor sentiment [3]

Core Viewpoint - The article emphasizes investment opportunities in upstream metal new materials driven by three key sectors: AI computing power, new energy, and humanoid robots for 2026. The demand for high-frequency, high-power, high-heat dissipation, and miniaturization is leading the material transformation [1]. Group 1: AI Materials - In the inductance field, metal soft magnetic chip inductors are highlighted for their miniaturization and high current resistance, with companies like Platinum New Materials and Dongkui Co. recommended for investment [1][2]. - In the capacitor sector, the recovery of consumer electronics and the AI engine's resonance suggest a new cycle for MLCCs, with nickel powder benefiting directly, making companies like Boqian New Materials a focus [2]. - The demand for liquid cooling materials in data centers is expected to grow significantly, with companies like Bowei Alloy recommended for their liquid cooling solutions [2]. Group 2: New Energy Materials - Copper is leading the cost revolution in photovoltaics, with companies like Boqian New Materials suggested for investment [4]. - Amorphous alloys are identified as suitable for high power density motors, with Yunlu Co. recommended [4]. - The axial flux motor is anticipated to drive the electric revolution, with Dongmu Co. highlighted for its potential [4]. Group 3: Humanoid Robot Materials - Lightweight materials, particularly magnesium, are noted as competitive, with Baowu Magnesium Industry recommended [4]. - Rare earth permanent magnets are expected to open up long-term growth in high-performance magnetic materials for humanoid robots, with companies like Jinli Permanent Magnet and Ningbo Yunsheng suggested [4]. - MIM (Metal Injection Molding) technology is emphasized for its advantages in robot structural components, with Dongmu Co. again highlighted [4]. Group 4: Capacitors - The MLCC industry is poised for recovery, with significant growth expected in 2024 driven by AI applications and consumer electronics [29]. - AI servers are projected to significantly increase MLCC demand, with estimates suggesting a rise from 603 million units in 2025 to 1.55 billion units by 2028, reflecting a CAGR of 37.2% [37]. - Companies like Boqian New Materials are positioned to benefit from the high-capacity MLCC market driven by AI [38]. Group 5: Liquid Cooling Materials - The demand for liquid cooling solutions is increasing due to the high-density requirements of AI servers, with Bowei Alloy recommended for their innovative materials [49]. - Tungsten-copper alloys are expected to meet the stringent thermal management needs of optical modules, with companies like Sui Rui New Materials suggested for investment [50].

博威合金（601137.SH）12月26日在投资者互动平台表示，公司有钛合金新材料的研发项目，但尚无市 场应用。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问公司有没有钛合金材料研发及生产技术储备，以 更好地参与到蓬勃发展的航空事业？ ...

Market Overview - On December 26, the metal new materials sector rose by 0.03% compared to the previous trading day, with Shenzhen Xinxing leading the gains [1] - The Shanghai Composite Index closed at 3963.68, up 0.1%, while the Shenzhen Component Index closed at 13603.89, up 0.54% [1] Stock Performance - Shenzhen Xinxing (603978) closed at 31.71, with a significant increase of 9.99% and a trading volume of 297,800 shares [1] - Youyan Powder Materials (688456) saw a rise of 5.36%, closing at 75.49 with a trading volume of 126,400 shares [1] - Other notable performers include: - Shangda Co., Ltd. (301522) up 3.43% at 39.80 [1] - Antai Technology (000969) up 1.33% at 20.64 [1] - Zhengke Materials (600255) up 0.75% at 4.01 [1] Fund Flow Analysis - The metal new materials sector experienced a net outflow of 446 million yuan from institutional investors, while retail investors saw a net inflow of 537 million yuan [2] - The overall fund flow indicates a mixed sentiment, with institutional investors withdrawing capital while retail investors are actively buying [2] Individual Stock Fund Flow - Shenzhen Xinxing (603978) had a net inflow of 213 million yuan from institutional investors, but a net outflow of 89.12 million yuan from retail investors [3] - Antai Technology (000969) reported a net inflow of 56.89 million yuan from institutional investors, while retail investors had a net outflow of 89.80 million yuan [3] - Other stocks like Longmag Technology (300835) and Dadi Bear (688077) also showed varied fund flows, indicating differing investor sentiments across the sector [3]

进一步统计，近3个月内该股累计发生4笔大宗交易，合计成交金额为2576.71万元。 证券时报·数据宝统计显示，西部超导今日收盘价为74.90元，上涨2.02%，日换手率为3.80%，成交额为 18.34亿元，全天主力资金净流入2399.86万元，近5日该股累计上涨8.47%，近5日资金合计净流出 1670.57万元。 两融数据显示，该股最新融资余额为18.42亿元，近5日减少1788.08万元，降幅为0.96%。 据天眼查APP显示，西部超导材料科技股份有限公司成立于2003年02月28日，注册资本64966.4497万人 民币。（数据宝） 西部超导12月25日大宗交易平台出现一笔成交，成交量12.60万股，成交金额806.40万元，大宗交易成交 价为64.00元，相对今日收盘价折价14.55%。该笔交易的买方营业部为银泰证券有限责任公司苏州华山 路证券营业部，卖方营业部为东兴证券股份有限公司上海陆家嘴证券营业部。 12月25日西部超导大宗交易一览 | 成交量 | 成交金额 | 成交价 | 相对当日收盘 | | | | --- | --- | --- | --- | --- | --- | | （万 | （万 ...

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西部材料发布股票交易异常波动公告，公司于2025年12月23日、2025年12月24日、2025年12月25日连续 三个交易日收盘价格涨幅偏离值累计超过20%。公司基本面未发生重大变化，不存在应披露而未披露的 重大信息。公司2025年前三季度实现营业收入22.83亿元，归属于上市公司股东的净利润6925.44万元， 比上年同期减少49.76%。 ...

Core Viewpoint - The non-ferrous metals sector is experiencing a structural bull market driven by global monetary easing, geopolitical risks, and tight supply-demand dynamics, with significant price increases in various metals such as gold, silver, copper, palladium, and platinum [2][3][4]. Supply Constraints and Demand Drivers - The recent strength in the non-ferrous metals sector is attributed to global monetary easing expectations, geopolitical tensions, and tight supply-demand conditions [2]. - On the demand side, emerging industries are expected to drive incremental demand for non-ferrous metals, with copper consumption in China projected to reach 15.4 million tons by 2025, particularly from sectors like new energy vehicles, photovoltaics, wind power, and artificial intelligence, estimated to consume 3.8 to 4 million tons [3]. - On the supply side, global copper production has faced continuous disruptions, and the supply tightness is expected to deepen by 2026. Domestic aluminum production capacity is limited, and export quotas on rare metals like antimony and rare earths have further constrained supply [4]. Market Performance and Company Insights - In the A-share market, several non-ferrous metal companies have seen significant stock price increases, with companies like Tianli Composite and Western Materials rising over 150% in the past month. Year-to-date, companies such as Tianli Composite, China Tungsten High-tech, and Zijin Mining have doubled in value [2]. - The non-ferrous metals industry reported a total revenue of 2.82 trillion yuan in the first three quarters of 2025, a year-on-year increase of 9.3%, with net profits rising by 41.55% to 151.29 billion yuan [12]. - Companies like Chuangjiang New Material and Shenghe Resources have shown exceptional performance, with net profit growth exceeding 40% year-on-year, indicating strong operational results in the sector [12][13]. Institutional Holdings - As of the end of Q3 2025, 116 non-ferrous metal companies were held by public funds, with 48 having a holding ratio exceeding 3%. Additionally, 82 companies were held by foreign capital, with 26 exceeding the same threshold. Notably, 16 companies had both foreign and public fund holdings above 3%, with significant stock price increases [9][10].