濮耐股份 20250708 摘要 普莱股份海外收入占比 28%，毛利占比 42%，虽受海运费和需求影响 盈利承压，但利润率从 2024 年的 2.5%恢复至 4.2%，显示出一定的盈 利能力修复。 国内耐火材料行业集中度低，前五家上市公司市占率仅 11%，利润率较 低为 4.2%，同比下降 1.2 个百分点。随着钢铁行业集中度提升及环保 标准提高，预计耐火材料行业集中度上升趋势明确。 普莱股份国内业务采用差异化竞争策略，聚焦中高端功能性产品，并向 上游延伸产业链，布局西藏、新疆锂辉矿以保障原料供应，拥有 100 万 吨和 140 万吨的年产能采矿证。 全球耐火材料市场集中度高，欧美大厂占据显著份额。普莱股份前瞻性 布局美国和塞尔维亚产能，预计美国工厂满产后可贡献 5,000 万至 1 亿 利润，并深度布局乌克兰市场，有望受益于重建投资。 普莱股份与格林美达成战略合作，推进氢氧化镁沉淀剂业务，该沉淀剂 比表面积大，适用于湿法冶金，具有低油耗、低污染的优势，已在海外 应用成熟。 Q&A 请介绍一下普莱股份的传统主业及其发展情况。 请介绍普莱股份第二曲线活性氧化镁业务的发展情况。 普莱股份在活性氧化镁领域的布局较早 ...

兄弟科技：上半年净利润同比预增325%–431.25% 7月4日，兄弟科技（002562）发布2025年半年度业绩预告，预计2025年上半年实现归属于上市公司股东 的净利润6000万元至7500万元，比上年同期增长325.00%-431.25%。 资料显示，兄弟科技成立于2001年3月，主营业务是维生素、香料、皮革化学品、铬盐、催化剂等精细 化学品以及特色原料药、制剂等医药系列产品的研发、生产和销售。 所属行业：基础化工–化学制品–食品及饲料添加剂 中钢洛耐：股东拟减持0.5%公司股份 7月4日，索通发展（603612）发布公告称，公司控股股东、实际控制人郎光辉及其一致行动人玄元私募 基金投资管理（广东）有限公司-玄元科新182号私募证券投资基金计划自公告披露之日起15个交易日后 的3个月内（2025年7月28日至2025年10月27日），通过集中竞价和大宗交易方式减持其所持有的公司股 份合计不超过1098.72万股，占公司股份总数的2.21%。 资料显示，索通发展成立于2003年8月，主营业务是预焙阳极、锂电池负极材料、薄膜电容器的研发、 生产及销售。 所属行业：基础化工–非金属材料Ⅱ–非金属材料Ⅲ 7月4 ...

Core Viewpoint - The company, Puyang Pina High Temperature Materials (Group) Co., Ltd., has announced its 2024 annual equity distribution plan, which includes a cash dividend of 0.50 yuan per 10 shares, totaling approximately 49.86 million yuan, to be distributed to shareholders [2][7][20]. Equity Distribution Plan - The total share capital of the company is 1,010,436,311 shares, from which 13,229,687 shares that have been repurchased are excluded, resulting in a base total of 997,206,624 shares for the dividend distribution [2][7]. - The cash dividend of 0.50 yuan per 10 shares is inclusive of tax, with a total cash distribution amounting to 49,860,331.20 yuan [2][7]. - The distribution will not include stock dividends or capital reserves for stock increases [2][7]. Implementation Details - The equity distribution plan was approved at the shareholders' meeting held on May 14, 2025, and the implementation will occur within two months of this approval [4][5]. - The record date for shareholders entitled to the dividend is set for July 10, 2025, with the dividend payment date on July 11, 2025 [9][10]. Adjustments for Convertible Bonds - The company has adjusted the conversion price of its convertible bonds from 4.25 yuan to 4.20 yuan per share, effective from July 11, 2025, due to the cash dividend distribution [18][20]. - The adjustment formula for the conversion price accounts for the cash dividend paid to shareholders [16][20].

在传统制造业加速向科技化转型的浪潮中，耐火材料龙头企业北京利尔正经历着一场深刻的战略变革。 80后北京利尔董事长赵伟接棒一年来，以"耐火材料主业筑基+新兴科技双轮驱动"的战略重构，推动这 家行业领军企业向AI芯片、硅碳负极等前沿领域纵深拓展。近日，赵伟就战略转型、技术布局及产业 化突围等核心议题接受中国证券报记者专访，揭示这家传统制造业企业向"耐火材料+新兴科技"双主业 转型的深层逻辑。 ● 本报记者 刘杨 战略迭代： 从单一主业到双轨并行 "转型不是对过去的否定，而是对未来的应答。"谈及投资上海曦望与联创锂能的决策，赵伟开门见山地 道出战略内核。在他看来，父辈们奠定的耐火材料产业根基仍是公司发展的"压舱石"，但面对钢铁行业 周期性波动与全球科技变革的双重挑战，必须构建"传统产业+新兴科技"的复合增长体系。 这种战略转向与二代接班的时代背景密不可分。赵伟坦言，上一代管理层以"聚焦耐火材料主业"实现了 从行业追随者到引领者的跨越，而他掌舵下的北京利尔需要更具前瞻性的产业布局。"当AI算力需求呈 指数级增长，当硅碳负极成为动力电池技术迭代的关键变量，我们必须跳出单一业务的舒适区。投资上 海曦望和联创锂能，本质上是 ...

Group 1 - The company, Puyang Refractories Group Co., Ltd., has publicly issued convertible bonds with a total face value of CNY 626,390,300, with a maturity of 5 years [2][4][17] - The bonds are convertible into A-shares and will be listed on the Shenzhen Stock Exchange [2][4] - The coupon rates for the bonds are structured to increase over the years, starting from 0.6% in the first year to 3.8% in the fifth year [2][4][22] Group 2 - The company reported total assets of CNY 8,264,845,329.57 and total liabilities of CNY 4,742,182,046.85 as of the end of 2024, reflecting a slight increase in total assets by 0.55% compared to the previous year [15][16] - The net profit for 2024 was CNY 129,344,913.36, a decrease of 48.84% from the previous year, indicating a significant decline in profitability [15][16] - The company’s cash and cash equivalents decreased by 56.52% to CNY 206,737,865.52, highlighting liquidity challenges [15][16] Group 3 - The company has utilized CNY 61,714.86 million of the raised funds, with allocations for project investments and working capital [17][18] - The company has established a dedicated account for the management of the raised funds, ensuring compliance with regulatory requirements [18] - The company has not provided any guarantees for the convertible bonds, relying on operational cash flows for debt servicing [19][13] Group 4 - The company’s credit rating for the convertible bonds is AA, with a stable outlook, as assessed by China Chengxin International Credit Rating Co., Ltd. [13][8] - The company has implemented measures to ensure the protection of bondholders' interests, including regular monitoring of financial conditions and compliance with bond covenants [19][20] - The company held a bondholders' meeting where proposals regarding the use of surplus funds were unanimously approved [19][20]

Core Viewpoint - The company is actively investing in emerging industries, including AI chip companies and silicon-carbon anode materials for solid-state batteries, expecting to achieve scaled revenue this year [1][5][7]. Group 1: Main Business Performance - The company's main business is stable, with expectations for both revenue and profit growth in 2024, despite a generally weak performance in the refractory materials industry [3][4]. - In Q1 2025, the company reported a revenue of 1.669 billion yuan, a year-on-year increase of 10.54%, and a net profit of 126 million yuan, a year-on-year increase of 49.35% [3][4]. Group 2: Investment in AI Chip Company - The company has invested in Shanghai Zhenliang, an AI chip company, with a total investment of 2.5 billion yuan, anticipating scaled revenue in 2025 due to the growing demand for AI computing power [5][6][7]. - Shanghai Zhenliang focuses on GPGPU development and has already produced two generations of AI chips, with the latest generation expected to be delivered in batches starting in 2025 [7]. Group 3: Investment in Silicon-Carbon Anode Materials - The company invested in Lianchuang Lithium Energy, which specializes in silicon-carbon anode materials applicable to solid-state batteries, with production expected to commence by the end of this year [8]. - Lianchuang Lithium Energy has completed the design of its production line and is entering the construction phase, with significant revenue and profit expected by 2026 [8].

Group 1 - Blackwing Asset Management recently conducted research on Beijing Lier, indicating stable business operations and continuous market share growth, with revenue and net profit levels remaining industry-leading [1] - The company has launched a new production line for refractory materials in the first half of the year, and the integration of Baogang Lier has been completed, contributing positively to annual revenue and profit [1] - The company is optimistic about achieving dual growth targets and is closely monitoring relevant policy developments, with some clients beginning to implement policy requirements [1] Group 2 - The company is focusing on optimizing payment cycles and methods, which could significantly reduce accounts receivable levels and positively impact cash flow [1] - Blackwing Asset Management has increased efforts in expanding overseas business, particularly in Southeast Asia and the Middle East, achieving notable results [1] - The company is actively exploring emerging industries with growth potential, including investments in AI chip companies that have strong shareholder backgrounds and efficient R&D teams [1] Group 3 - Lianchuang Lithium Energy is committed to vertical integration in R&D, achieving significant breakthroughs in core raw materials and processing, which enhances its competitive edge in the industry [1] - The company has completed the design of mass production lines and is entering the construction phase, with expectations to commence production by the end of the year [1] - Lianchuang Lithium Energy anticipates significant revenue and profit growth by 2026, with a positive sales outlook for its products [1]

股票代码：002066 股票简称：瑞泰科技 | 智能示范工厂；安徽瑞泰耐火材料自动化生产线、梭式窑 | | --- | | 具有行业先进的数字化、智能化水平，投产后将大幅提升 | | 产品品质和产品配套能力。湘潭分公司卡脖子项目建成落 | | 地，匹配公司产品高端化的同时进一步实现了智能化水平 | | 再上新台阶，在公司形成了很好的示范作用。宜兴瑞泰智 | | 能化改造项目进入试生产阶段，大幅度减低能耗，提高劳 | | 动生产率和产能；瑞泰盖泽的智能窑炉高温拆卸机器人， | | 可以应对多种复杂窑内工作场景，有效提高了生产效率， | | 降低了生产成本，同时改善了作业环境，提高了安全性。 | | 公司及所属企业聚焦智能化与生产经营相结合，积极推动 | | 数字转型升级，提高工厂智能化水平。目前，公司旗下绝 | | 大部分所属企业实现了智能制造。 | | 3、未来在新的耐材应用领域，公司可开拓的市场方向和 | | 空间有哪些？ | | 新的耐材应用领域是除公司所服务的玻璃、水泥、钢铁这 | | 三大传统领域之外的其他下游高温行业。 | | 近年来，公司已经构建了玻璃窑用耐材、水泥窑用耐材、 | | 钢铁工业用耐 ...

海外工业硅发展 现状和投资趋势 主办单位:中国有色金属工业协会 特邀协办:四川永祥股份有限公司 期待与您回川相见! 刺 手 佳 下 aasks 火材料集团 育服 拟 都青城 公司 嘉宾简介： 赖佳，工商管理硕士，高级工程师，现任成都青城耐火材料集团有限公司副总经理，2011年至今，一直从事金属硅冶炼行业生产装备 配套研究工作。参与耐火材料生产实用新型专利7项，参与发表论文1篇。 嘉宾简介： 陆诗元，毕业于武汉大学化学与分子科学学院，有多年石化品种现货从业经验，目前担任浙商期货有限公司新能源项目部部长，负责统 筹全公司新能源期货品种投研及产业客户开发和服务工作，组织员工对相关品种的市场情况进行及时且深入的调研、跟踪及分析，组织举 办相关行业会议，对期货期权在产业中的应用有深刻的理解。从业资格：F3082154，投资资格证号Z0018924。 ...

Group 1 - The article discusses the current status and investment trends in the overseas industrial silicon sector, highlighting the importance of this industry for future developments [1] - It emphasizes the role of key players and stakeholders, including the China Nonferrous Metals Industry Association and Sichuan Yongxiang Co., Ltd., in promoting industrial silicon advancements [1] - The article indicates a growing interest in industrial silicon due to its applications in various industries, particularly in renewable energy and technology sectors [1] Group 2 - The guest speaker, Lai Jia, has extensive experience in the metal silicon smelting industry and has contributed to several patents and publications related to refractory materials [3] - Another guest speaker, Lu Shiyuan, has a strong background in petrochemical products and is currently leading the new energy project department at Zhejiang Merchants Futures Co., Ltd., focusing on market research and client development [6]