9月4日，聚和材料跌5.55%，截至发稿，报53.08元/股，成交3.43亿元，换手率3.45%，总市值128.47亿 元。 资料显示，常州聚和新材料股份有限公司位于江苏省常州市新北区浏阳河路66号，成立日期2015年8月 24日，上市日期2022年12月9日，公司主营业务涉及新型电子浆料研发、生产和销售。主营业务收入构 成为：光伏导电银浆及其他99.83%，废料及其他销售0.17%。 国泰估值优势混合(LOF)A（160212）基金经理为王兆祥。 截至发稿，王兆祥累计任职时间3年77天，现任基金资产总规模21.23亿元，任职期间最佳基金回报 26.36%， 任职期间最差基金回报13.65%。 从基金十大重仓股角度 数据显示，国泰基金旗下1只基金重仓聚和材料。国泰估值优势混合(LOF)A（160212）二季度增持 91.18万股，持有股数394.29万股，占基金净值比例为7.69%，位居第四大重仓股。根据测算，今日浮亏 损失约1230.18万元。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考， ...

Group 1 - The core viewpoint of the article highlights the recent research conducted by Donghai Fund on a listed company, Juhe Materials, which has shown promising performance in its copper paste products and plans to launch a second-generation product in Q3 2025 [1] - Juhe Materials has successfully passed multiple reliability tests for its copper paste products and has begun small-scale shipments, indicating strong product performance [1] - The company is expanding into adhesive and high-end electronic paste markets, aiming to break the overseas monopoly and enter the supply chains of leading customers [1] Group 2 - Juhe Materials' perovskite back electrode paste has gained recognition from clients such as CATL, showcasing its competitive edge in the market [1] - The company anticipates a shipment volume of 8 tons for BC paste by the first half of 2025, with monthly shipments exceeding 2 tons, indicating potential for processing fee premiums [1] - Donghai Fund, established in 2013, manages a total asset scale of 28.42 billion yuan, ranking 105th among 210 in public fund management [1]

新华社沈阳8月2日电 题：一瓶电子浆料的进阶 新华社记者邹明仲 在辽宁大连金普新区中日生态示范新城，坐落着一家"小巨人"企业——大连海外华昇电子科技有限 公司。这家企业在曾被外企主导的我国电子浆料市场争得一席之地，最近正携手30多家同行，牵头制定 该领域的行业标准。 【纠错】 【责任编辑:吴京泽】 但10年前，国内高精度电子浆料完全依赖进口。据介绍，那时日本企业产品的粒径已能做到200纳 米以内，而国内在这一领域几乎是空白。 在企业研发中心，白板上写满了密密麻麻的实验数据，文件柜里整齐码放着历年的研发记录。"为 把粒径稳定控制在150纳米至180纳米级别，团队花了整整3年时间，目前这一产品已处于国内领先水 平。"刘春静说，现在实验室正在攻克100纳米级别难关，努力实现与国际先进水平"并跑"。 据大连市工信局介绍，随着全球电子信息产业增长带动电子浆料需求年均递增，大连大力扶持新材 料等产业发展，以未来产业引领未来赛道。大连海外华昇公司作为骨干企业，其发展轨迹与区域产业发 展同频共振。当地构建的良好生态，正推动新材料产业向高端化稳步迈进。 材料行业直接关系到制造业的高质量发展。针对这一关键领域，辽宁支持企业技术创 ...

Core Viewpoint - Fuda Alloy (603045.SH) has initiated a cash acquisition plan for at least 51% of Zhejiang Guangda Electronic Technology Co., Ltd, marking its first asset acquisition since the termination of a previous major restructuring with Sanmenxia Aluminum Industry [1][2] Group 1: Acquisition Details - The acquisition is still in the planning stage, and there are uncertainties regarding its completion [1] - This transaction is classified as a related party transaction, as Guangda Electronic is controlled by the son of Fuda Alloy's actual controller [2] - The acquisition will not involve the issuance of new shares, thus maintaining the current control structure of the company [2] Group 2: Industry Context - Fuda Alloy operates in the electrical contact materials sector, while Guangda Electronic specializes in electronic paste products, particularly for solar photovoltaic applications [2] - The acquisition aims to diversify Fuda Alloy's product offerings by adding conductive silver paste to its existing portfolio, which includes electrical contact materials [2] Group 3: Financial Performance - In 2024, Fuda Alloy reported revenues of 3.851 billion and a net profit of 45.63 million, reflecting year-on-year growth of 37.94% and 11.69% respectively, although the adjusted net profit decreased by 56.85% [3] - For the first quarter of the current year, the company achieved revenues of 1.008 billion, a 54.18% increase, but reported losses in both net profit and adjusted net profit [3]

Core Viewpoint - Haining Yunhuang New Materials Co., Ltd. has completed a pre-A round financing of several tens of millions, primarily to supplement cash flow and expand customer markets [1] Group 1: Company Overview - Yunhuang New Materials, established in 2022, focuses on the research and production of high-end electronic pastes, aiming to break the monopoly of foreign giants in the electronic functional materials sector [1][2] - The company has developed nearly 60 products covering applications such as chip resistors, tantalum capacitors, RF devices, and thick film integrated circuits, with plans to achieve large-scale customer supply by the end of 2024 [1][5] Group 2: Market Demand and Strategy - The company targets domestic substitution in the electronic paste market, which is crucial for innovations in AI, smartphones, new energy vehicles, and IoT devices [2] - Yunhuang New Materials has established a rapid response mechanism, reducing the sample delivery time to 2-3 weeks and product iteration cycles to 1-2 weeks, enhancing supply chain efficiency [4] Group 3: Technical Barriers and Challenges - The company faces significant technical barriers in achieving domestic substitution, particularly in high-end electronic pastes where the domestic market penetration is below 10% [5] - The complexity of product systems, high barriers in formula design, and stringent dispersion process requirements contribute to the challenges in the industry [5][6][7] Group 4: Customer Development and Future Plans - After one to two years of customer validation, Yunhuang New Materials has begun bulk supply to nine major clients, with sales orders expected to exceed ten million in the first half of 2025 [7] - The company plans to gradually enhance its product offerings in chip resistors, tantalum capacitors, RF fields, and expand into chip inductors and MLCCs, aiming for comprehensive coverage of core business areas within 3-5 years [7]