编号：2026-004 | | 特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | 现场参观 | | | □其他 | | 参与单位名称及 | 中金公司 傅铠铭、俞芳、徐啸天 | | 人员姓名 | 象屿创投 肖翔、刘荣 | | 时间 | 2026年3月2日 | | 地点 | 福建省厦门市海沧区翁角路268-1号 | | 上市公司接待人 员姓名 | 董事会秘书 马彬惠 | | | 1、公司在BOPA行业的生产和研发积累了哪些技术优势？ | | | 经过多年深耕与发展，公司已积淀形成深厚的技术优势：工 艺技术方面，公司是全球极少数同时成熟掌握机械分步拉伸、机 | | | 械同步拉伸以及磁悬浮线性电机同步拉伸工艺的厂商，多种生产 | | | 技术组合可针对下游客户的定制化需求进行柔性切换。上述技术 | | 投资者关系活动 | 使公司在双向拉伸薄膜领域具备显著技术优势。公司凭借丰厚的 | | 主要内容介绍 | 技术储备，能够持续在新材料领域挖掘高附加值、高技术壁垒的 | | | 高功能性膜材，以技术驱动 ...

Group 1: Technical Advantages in BOPA Industry - The company has developed significant technical advantages in the BOPA industry, mastering multiple production techniques including mechanical stretching and magnetic levitation linear motor stretching, allowing for flexible customization to meet downstream client needs [1] - The company has established a comprehensive system for masterbatch formulation design and performance optimization, achieving breakthroughs in material blending and co-extrusion processes, enhancing material performance and functionality [2] Group 2: Solid-State Battery BOPA Film Material - The company's solid-state battery BOPA film material is well-suited for the development needs of solid-state batteries, offering advantages such as high energy density, safety, and long cycle life [3] - The soft-pack encapsulation solution using the company's BOPA film material is highly compatible with solid-state battery technology, addressing challenges related to flexibility and internal stress management [3] - The company’s subsidiary, Xiamen Changsu, pioneered the solid-state battery BOPA film material and has collaborated with industry partners to establish standards for aluminum-plastic composite films used in solid-state batteries [4] Group 3: Expansion in Indonesia - The company is establishing a high-performance membrane material project in Indonesia to address capacity bottlenecks and meet growing downstream demand across various sectors [5] - The Indonesian production base offers strategic advantages, including proximity to key markets and favorable tariff policies, enhancing the company's global competitiveness and risk management [5] - The project includes two phases with a total planned capacity of 90,000 tons per year, with the first production line already operational, adding 25,000 tons of overseas capacity [6] Group 4: BOPP Film Production Progress - The first BOPP film production line was launched in November 2025, with a second line expected to be operational in the second half of 2026, focusing on thin and ultra-thin film products [7] - The BOPP film products are positioned for applications in thin film capacitors and battery electrode manufacturing, featuring high self-healing properties and stringent electrical performance standards [7] - The BOPP film industry has high entry barriers due to the technical complexity of production processes and material formulations, which are critical for achieving unique product characteristics [7]

Group 1: Production Capacity and Timeline - The company currently has a production capacity of 125,000 tons per year for membrane materials [2] - The first production line of the new energy membrane project is expected to be operational in the second half of 2025, while the second line is projected to start in 2026 [2] - The company plans to invest 2.5 billion CNY in the new energy membrane project, which will be built in phases [2] Group 2: Market Demand and Product Development - The solid-state battery membrane is currently in the early promotion stage, with production scaling expected to increase as market penetration improves [1][4] - The company aims to enhance its core competitiveness in the industry by expanding its product matrix with high-performance materials [2] - The company has established a dynamic capacity scheduling mechanism to respond to the growing demand for high-performance battery materials in the new energy vehicle and energy storage markets [4] Group 3: Strategic Partnerships and Market Position - The company’s PHA lithium battery membrane is currently supplied to major domestic aluminum-plastic film manufacturers, including Zijiang New Materials and Putailai [2] - The company operates three production bases in Xiamen, Quanzhou, and Indonesia, with a total of 13 production lines, making it a global leader in production capacity [3] - Future projects are expected to enhance the company's integrated supply chain advantages, driving cost efficiency and innovation in raw materials [3]