航空航天新材料领域再传捷报：湖南博翔新材料有限公司承担的中国航发商用航空发动机有限责任 公司《原位改性XX连续碳化硅纤维高温性能研究》项目，于7月30日顺利通过验收。经评定，湖南博翔 控股子公司——湖南泽睿新材料有限公司开发的新材料 Zelramic-iBN 碳化硅纤维已完全满足 NITE 工艺 制备航空发动机复合材料的极端性能需求，对推动新型航空发动机复合材料在极端服役环境下的应用具 有里程碑意义。 业内专家指出，Zelramic-iBN 碳化硅纤维不仅可应用于民用大飞机发动机高温部件，还可广泛服务 于航空航天、燃气轮机、高超音速飞行器热防护系统及光伏热场材料等高温领域，具备重大推广价值。 相较上一代 Zelramic 纤维，Zelramic-iBN 的耐高温与抗蠕变性能显著提升，尤其将极端工况下的长时服 役温度推向新高，全面匹配新型航空发动机和燃气轮机热端涡轮叶片的严苛指标。 航空发动机被誉为"制造业皇冠"，而其核心涡轮叶片更被称为"皇冠上的明珠"，是"要不来、买不 来、讨不来"的关键核心技术。碳化硅纤维及其复合材料长期被西方国家技术封锁，此次泽睿新材的突 破标志着我国在该领域实现自主可控。 图1 Zel ...

Core Viewpoint - The company, Huajin Technology, reported significant growth in revenue and net profit for 2024, driven by optimized production processes and effective cost control, alongside a substantial increase in R&D investment [1][2][3] Financial Performance - In 2024, the company achieved total operating revenue of 1.139 billion yuan, a year-on-year increase of 24.17% - The net profit attributable to shareholders reached 414 million yuan, reflecting a year-on-year growth of 23.56% - For Q1 2025, the company reported operating revenue of 241 million yuan and a net profit of 62.66 million yuan [1][2] Business Segments - The company operates five main business units, including special functional materials, aerospace components processing, and acoustic metamaterials, optimizing its product matrix to better meet industry demands [2] - The main business revenue for 2024 was 1.131 billion yuan, with special functional materials and technical services contributing 1.023 billion yuan, accounting for 89.88% of total revenue, a 15.27% increase year-on-year [2] R&D and Innovation - The company significantly increased its R&D investment to 912.28 million yuan in 2024, a 24.1% year-on-year growth, with an R&D intensity of 8.01% [3][4] - The company has established multiple innovation platforms in collaboration with universities and research institutes, focusing on various advanced materials and applications [4] Production Capacity and Expansion - The company has completed the production launch of the Shenyang Huajin Aerospace Components Intelligent Processing Project, enhancing its competitiveness in the aerospace industry [3] - The Shanghai Ruihua Sheng project has made significant progress in the R&D and industrialization of ceramic matrix composites, with plans for further expansion [3] Shareholder Returns - The company plans to distribute a cash dividend of 5.2 yuan per 10 shares, totaling 101 million yuan, which represents 30.20% of the net profit attributable to shareholders for 2024 [5] - Additionally, the company intends to increase its share capital by 4 shares for every 10 shares held, raising the total share capital from 195 million shares to 273 million shares [5]