Core Viewpoint - The 2026 Future Industries New Materials Expo (FINE 2026) aims to lead global innovation in new materials, emphasizing their critical role in the transformation of high-tech industries and future economic development [1][2]. Group 1: Event Overview - FINE 2026 will take place from June 10 to June 12, 2026, at the Shanghai New International Expo Center, featuring a total exhibition area of 50,000 square meters and over 300 strategic and cutting-edge technology reports [2][18]. - The expo will focus on popular innovations applicable to various industries, including artificial intelligence, aerospace, smart vehicles, and renewable energy, while addressing five common needs in future industries: advanced semiconductors, advanced batteries, lightweight functionalization, low-carbon sustainability, and thermal management [2][10]. Group 2: Historical Context and Participation - The previous events, including the 2025 International Carbon Materials Expo and the 2025 Thermal Management Expo, achieved record attendance with over 35,000 professional visitors from 27 countries and regions, showcasing more than 500 exhibitors [7][36]. - The expected participation for FINE 2026 is over 100,000 professional visitors, with targeted invitations to over 5,000 industry investors to facilitate connections between startups and industry resources [35][37]. Group 3: Thematic Focus and Special Features - FINE 2026 will feature seven specialized thematic exhibition areas, including advanced semiconductors, AI chips, thermal management, and sustainable materials, aiming to present a comprehensive chain of innovation from components to cutting-edge technologies [13][15]. - The event will host over 30 forums with more than 300 renowned experts discussing trends in technology, investment strategies, and advanced manufacturing techniques related to new materials [22][24]. Group 4: Strategic Importance - The expo is positioned as a critical platform for technology transfer and industry innovation, leveraging China's growing influence in sectors like new energy vehicles, photovoltaics, and robotics, which are expected to create significant market opportunities for new materials [10][36]. - The timing of the event in June is seen as a strategic opportunity to capture business prospects for the second half of the year, supported by Shanghai's robust industrial and technological ecosystem [10][36].

人民财讯1月26日电，顺络电子（002138）近日接受机构调研时表示，公司通过与臻泰能源深度合作进 入固体氧化物电池(SOC，包括SOFC与SOEC等)及相关行业领域，公司通过合资子公司专注于新型高温 燃料电池核心技术研发及产品的的研发、生产和销售。公司对新型能源产业长期看好，清洁能源的推广 使用是"双碳"战略的必由之路，公司关注新型能源产业的持续发展，并从自身优势出发，为国内固体氧 化物电池产业长远发展贡献力量。目前行业还处于早期阶段，下游应用多以示范工程的形式开展，目前 公司业务进展顺利，未来有望逐步贡献销售收入。 ...

Group 1 - The company is leveraging its capabilities in materials, equipment, design, and manufacturing processes to provide a one-stop component solution for various AI server clients, with a strong order backlog and rapid growth in related business, particularly in overseas markets [2] - AI data centers are identified as a strategic emerging market for the company, which focuses on miniaturization, high precision, and high power density technology to supply a complete set of product solutions for server power supply architecture [2] - The company has entered the solid oxide fuel cell (SOFC) industry through its subsidiary, which collaborates with a partner to focus on the research, development, production, and sales of new high-temperature fuel cell technologies [2] Group 2 - The company maintains a long-term positive outlook on the new energy industry, emphasizing that the promotion of clean energy is essential for achieving carbon neutrality goals, and aims to contribute to the sustainable development of the domestic solid oxide battery industry [3] - The industry is still in its early stages, but the company reports smooth business progress and anticipates gradual contributions to sales revenue in the future [3]

Group 1: Business Outlook - The company has a strong market position in the mobile communication sector and other consumer markets, benefiting from a recovering overall consumption market [2][3] - The company has established strategic partnerships with major domestic and international mobile manufacturers, enhancing its market share in the consumer electronics sector [2][3] Group 2: AI Data Center Development - The AI data center is a key strategic market for the company, focusing on high-precision and high-power density technologies [3] - The company provides a comprehensive product solution for AI server clients, covering various power supply needs, and has seen rapid growth in orders, especially from overseas [3] Group 3: Tantalum Capacitor Advantages - The company has developed a new series of tantalum capacitors suitable for various applications, including communications, consumer electronics, AI data centers, automotive electronics, and industrial control [3][4] - Tantalum capacitors meet the high reliability and stability requirements of automotive electronics and are recognized by major clients in high-end consumer electronics [4] Group 4: SOFC Business Progress - The company has entered the solid oxide fuel cell (SOFC) market through a joint venture, focusing on high-temperature fuel cell technology [4] - The company is optimistic about the new energy industry and aims to contribute to the long-term development of the solid oxide fuel cell sector [4] Group 5: Product Pricing Stability - The company's electronic components maintain a competitive edge comparable to global leaders, with a stable pricing structure due to strong product performance and long-term client relationships [4]

Group 1 - The company announced a partnership with Zhejiang Zhentai Energy to establish Baite Company, focusing on solid oxide batteries (SOC), including SOFC and SOEC [1] - The subsidiary will concentrate on the research and development, production, and sales of new high-temperature fuel cell core technologies and products [1] - The collaboration aims to leverage each other's strengths to enhance the solid oxide battery industry chain and promote healthy industry development [1]

Group 1: Business Performance - The company has maintained a high capacity utilization rate since the second quarter, indicating strong order fulfillment [2] - The mobile communication sector remains a traditional stronghold, with a significant market share among core customers [2][3] Group 2: Automotive Electronics - The company is a leading manufacturer of automotive magnetic components in China, focusing on applications related to "three electrics and one integration" in new energy vehicles [3] - Continuous innovation and expansion of product lines are prioritized to meet long-term customer needs [3] Group 3: Ceramic Business Outlook - The subsidiary has been involved in precision ceramic components for years, targeting markets such as smart wearables, consumer electronics, and new energy [3] - The solid oxide fuel cell sector is a key focus for future growth, with rapid development expected to contribute to sales revenue [3] Group 4: Expense Management - Overall expense management is under control, with a compound annual growth rate of approximately 24% in sales revenue since the company went public [4] - Investments are aligned with long-term strategic goals, focusing on talent development, R&D, and new product development [4] Group 5: Capital Expenditure Plans - The company operates in a capital-intensive industry, necessitating ongoing expansion and high funding requirements [4] - Significant investments in industrial park infrastructure are expected to slow down in the coming years as major projects are completed [4]