（记者 曾健辉） 每经AI快讯，同益股份1月6日晚间发布公告称，公司第五届第十二次董事会会议于2026年1月6日在公 司会议室以现场结合通讯会议、记名表决方式召开。会议审议了《关于使用部分闲置募集资金暂时补充 流动资金的议案》等文件。 每经头条（nbdtoutiao）——原指导价34.99万的宝马裸车价22.5万元，多家车企还补贴购置税！2026开 年车市火爆，销售从早到晚忙到没空吃饭 ...

（文章来源：证券日报） 证券日报网讯 12月22日晚间，中化国际发布公告称，公司第十届董事会第十四次会议审议通过《关于 修订中化国际落实董事会职权相关公司治理配套制度的议案》等多项议案。 ...

Summary of HeShun Technology Conference Call Industry and Company Overview - **Company**: HeShun Technology - **Industry**: Carbon Fiber and Functional Films Key Points and Arguments Carbon Fiber Business - HeShun Technology's carbon fiber production is currently in the trial phase, focusing on the carbonization process, with plans to produce T1,000 grade high-performance carbon fiber after successful verification of T800 precursor materials [2][3] - The core technology team, sourced from Zhong An Xin, has upgraded existing technologies and imported European equipment to ensure product quality [4] - The company has established partnerships with military and aerospace institutions, awaiting product testing [2][6] - The expected revenue from the carbon fiber business is projected to begin in Q1 2026, with a conservative profit estimate of 1 million yuan per ton [4][16] Film Business - HeShun Technology is focusing on differentiated functional films, such as optical films and lithium battery insulation films, while planning to reduce the production of ordinary transparent films due to unprofitable pricing [2][7] - The company aims to shift towards high-margin products, including high-brightness films and coated optical films, to improve overall profit margins and cover depreciation costs [8][9] - The company anticipates achieving breakeven in 2026, with significant financial improvements expected by Q2 2026 as production lines are fully operational [10][9] Market Position and Competitive Advantage - In the lithium battery insulation film sector, HeShun Technology has established relationships with leading companies like BYD, benefiting from enhanced battery safety standards [11] - The company emphasizes product stability and consistency through multiple testing batches to meet customer requirements [6] - HeShun Technology's optical base film products are being developed in collaboration with major clients like Apple and Huawei, with new product orders expected to transition to high-brightness films by December [12] Financial Outlook - The company reported a significant improvement in its financial performance, with quarterly losses reduced to below 10 million yuan [17] - The anticipated production capacity of nearly 70,000 tons in the film business, with one production line already upgraded and another expected to be completed by early 2026, is expected to enhance profitability [10] - The overall outlook for HeShun Technology is optimistic, with expectations of substantial financial recovery and growth in 2026 [17] Additional Insights - Ordinary transparent films are currently unprofitable, primarily due to fixed costs and depreciation, with annual depreciation costs estimated at 40-50 million yuan [13] - The high-end carbon fiber market is characterized by a demand for products with a yield rate of over 70%, with HeShun Technology aiming to meet this standard through rigorous quality control [15][16]

Group 1: Future Growth Drivers - The company aims to maintain strategic focus and long-termism while expanding its core business in digital printing materials, automotive functional films, and optical and electronic functional films to ensure stable revenue, profit, and cash flow growth [2][4] - The company is exploring partnerships in new materials, new energy, semiconductor core raw materials, core components, and key equipment for multi-level cooperation with suitable targets that have good technology and operational foundations [2][4] Group 2: Current Business Performance - The company's operational performance for the first three quarters is detailed in the Q3 report released on October 28, 2025 (Announcement No. 2025-059) [2][4] - Future disclosures will be based on periodic reports or other investor relations activities [2][4] Group 3: Acquisition Progress - The company has signed a letter of intent regarding the acquisition of Shanghai Feilai Testing and will follow legal and regulatory procedures for decision-making and information disclosure [2][4] - There is uncertainty regarding the completion of the transaction, and investors are advised to invest rationally and be aware of investment risks [2][4]

Group 1: Companies Submitting IPO Counseling Reports - Seven companies submitted IPO counseling reports for listing on the domestic stock exchanges from November 4 to November 11 [2] - Anwen Technology Group Co., Ltd. focuses on automotive parts production, including safety systems and comfort solutions [3] - Hangzhong Tianqi (Chongqing) Microelectronics Co., Ltd. specializes in communication and digital energy chips, holding over 100 intellectual property rights [5] - Wuhan Jiachen Electronics Technology Co., Ltd. is engaged in high-voltage safety systems for the new energy vehicle industry [7] - Inner Mongolia Dongyuan Environmental Technology Co., Ltd. operates in environmental water services and municipal engineering [10] - Ningbo Jinlai Chemical Co., Ltd. produces chemical products with a global market presence [12] - Anhui Xinyuan Technology Co., Ltd. is a leading manufacturer of epoxy active diluents and resins [14] - Huanuo Star Technology Co., Ltd. operates in the field of entity space security, providing various safety and emergency solutions [16] Group 2: Shareholding Structures - Anwen Technology's major shareholder is Zhang Haitao, holding 45.33% [4] - Hangzhong Tianqi's controlling shareholder is Sun Xiangyang, with a 41.43% stake [6] - Wuhan Jiachen's controlling shareholder is Wuhan Qirui Star Technology Co., Ltd., holding 18.89% [8] - Inner Mongolia Dongyuan's major shareholder is Inner Mongolia Dongyuan Investment Group Co., Ltd., with a 59.47% stake [11] - Ningbo Jinlai's controlling shareholder is Zhu Xingrong, holding 69.84% [13] - Anhui Xinyuan's actual controller is Anhui Hengyuan Holding Group Co., Ltd., with a 65.77% stake [15] - Huanuo Star's controlling shareholder is Yi Xiaofei, holding 22.83% [17] Group 3: Companies Passing IPO Counseling Acceptance - Changsha Beidou Industry Safety Technology Research Institute Group Co., Ltd. passed the counseling acceptance, focusing on satellite navigation and aerospace control [20] - Luoyang Bearing Group Co., Ltd. is a manufacturer of various types of bearings, including those for rail transit [22] - Fujian Makeng Mining Co., Ltd. is a major iron ore producer in Fujian Province, with a proven reserve of 434 million tons [24]

Core Insights - On November 10, Jinghua New Materials executed a block trade of 80,000 shares, amounting to a transaction value of 2.0312 million yuan, which represented 0.93% of the total trading volume for the day [1] - The transaction price was 25.39 yuan per share, reflecting a discount of 8.67% compared to the market closing price of 27.8 yuan [1]

Group 1 - The report emphasizes the importance of the Beijing Stock Exchange (BSE) in supporting innovative small and medium-sized enterprises (SMEs) during the "14th Five-Year Plan" period, highlighting the establishment of a conducive ecosystem for these companies [10][11][12] - The BSE aims to enhance its service capabilities by focusing on key tasks, including optimizing listing standards and improving the adaptability of its regulatory framework to better support technological innovation [11][12][14] - The report notes that the BSE has seen a significant increase in the number of quality innovative SMEs, with over 80% of its listed companies being SMEs and nearly 90% being private enterprises [10][11] Group 2 - The BSE's market performance is highlighted, with the North Index 50 reaching 1,582.71 points, reflecting a weekly increase of 7.52%, and the overall PE ratio of the North A-shares rising to 50.55X [3][37][40] - The report indicates that the North A-shares have shown a significant increase in trading volume, with an average daily turnover of 289.91 billion yuan, up 60.79% from the previous week [35][36] - The report suggests that the valuation structure of the BSE has improved, with a notable number of companies now having a PE ratio above 45X, indicating a shift towards higher valuations in the market [40][41][44] Group 3 - The report discusses the IPO dynamics on the BSE, noting that 18 companies have been listed in 2025 so far, with a significant increase in the number of companies undergoing the review process [4][8] - The report highlights the performance of specific sectors, with the technology sector showing a high PE ratio of 96.76X, indicating strong investor interest in this area [3][44] - The report recommends focusing on high-quality stocks within the North Index 50, particularly those in the technology and innovative sectors, as they represent new productive forces and investment opportunities [48][49][50]

证券代码：603330 证券简称：天洋新材 公告编号：2025-079 天洋新材（上海）科技股份有限公司 2025 年第三季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 天洋新材（上海）科技股份有限公司（以下简称"公司"）根据上海证券交 易所《上市公司行业信息披露指引第十三号—化工》的要求，现将2025年第三季 度主要经营数据披露如下： （光伏封装胶膜/墙布、窗帘单位：元/平方米；其他产品单位：元/公斤） | 主要产品 | 2024 | 年 7-9 | 月平均售价 | 2025 | 年 | 7-9 | 月平均售价 | 变动比例（%） | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 热熔胶 | | | 22.17 | | | | 22.89 | 3.25 | | 光伏封装胶膜 | | | 4.84 | | | | 4.09 | -15.50 | | 热熔墙布、窗帘 | | | 30.23 | | | | 32.35 | 7.01 ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [9]. Core Views - The company has completed its large-scale construction phase and is entering a period of increased production capacity [6][12]. - In the first three quarters of 2025, the company achieved revenue of 2.24 billion yuan, a year-on-year increase of 11.6%, while net profit attributable to shareholders was 45 million yuan, a year-on-year decrease of 15.8% [6][12]. - The third quarter alone saw revenue of 840 million yuan, a year-on-year increase of 25.7% and a quarter-on-quarter increase of 16.2% [6][12]. Summary by Sections Financial Performance - For Q3 2025, the company reported a net profit of 20 million yuan, a year-on-year decrease of 4.9% but a quarter-on-quarter increase of 28.6% [6][12]. - The company's gross margin for Q3 2025 was 22.4%, a decrease of 3.9 percentage points year-on-year [12]. - R&D expense ratio for Q3 2025 was 7.5%, indicating a continued high level of investment in research and development [12]. Project Development - The company is progressing with multiple projects funded through IPO and private placements, including OCA optical adhesive and PET base film production lines [12]. - The company plans to invest 510 million yuan in expanding high-end functional film production, targeting applications in the electronics sector [12]. Market Opportunities - The global OCA adhesive market is estimated to be nearly 10 billion yuan, with significant growth potential driven by the demand for foldable smartphones and other electronic devices [12]. - The company is positioned to benefit from the domestic substitution of high-end adhesive materials and functional films, enhancing its competitive edge in the market [12].

证券代码：603193 证券简称：润本股份 公告编号 2025-043 润本生物技术股份有限公司 关于 2025 年第三季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号行业信息 披露：第十三号——化工》的要求，现将润本生物技术股份有限公司（以下简称 "公司"）2025 年第三季度主要经营数据披露如下： 注：产量包括自产、采购、委托加工数量。产量、销量为最小销售单位，包括支、瓶、盒、 包等。 二、2025 年第三季度公司主要产品和原材料的价格变动情况 （一）主要产品价格变动情况 2025 年第三季度，公司主要产品的价格详见下表： | 主要产品 | 2024 年第三季度 平均售价 | 2025 年第三季度 平均售价 | 同比变动比率 | | --- | --- | --- | --- | | 驱蚊产品系列 | 5.48 | 6.14 | 12.04% | | 婴童护理产品系列 | 7.89 | 8.51 | 7.86% | | 精油产品系列 | ...