格隆汇1月13日｜万润股份在特定对象调研时表示，前期公司固态电池材料硫化锂的实验室小试开发工 作已完成，该材料为固态电池电解质的上游关键材料。目前中试产线建设工作已经启动，争取在6月底 前后完成建设。 ...

21智讯1月13日电，万润股份在投资者关系活动中表示，公司前期已完成固态电池材料硫化锂的实验室 小试开发，该材料为固态电池电解质的上游关键材料。目前中试产线建设工作已经启动，力争在2026年 6月底前后完成建设，后续将推进产业化进程。 ...

答：前期公司固态电池材料硫化锂的实验室小试开发工作已完成，该 材料为固态电池电解质的上游关键材料。目前中试产线建设工作已经启 动，争取在 6 月底前后完成建设。 4、问：公司钙钛矿产品发展情况，主要有哪些种类？ 答：公司钙钛矿光伏材料主要包括空穴传输层材料、电子传输层材料、 钙钛矿层材料、SAMs 材料等，各类材料均有产品销售。目前公司在钙钛 矿光伏材料领域，已开发了超 100 种化合物。2025 年情况来看，虽然行 业下游尚未达到大规模商业化应用阶段，但下游钙钛矿光伏组件技术水平 持续进步且向着产业化迈进，效率水平持续提升，我们将继续以高品质的 钙钛矿光伏材料助力下游企业更好发展。 证券代码：002643 证券简称：万润股份 中节能万润股份有限公司投资者关系活动记录表 编号：20260113 | | □√特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 | | 活动参与人员 | 万家基金：汪洋、刘洋、李杨、张希晨、叶勇、况晓、雷寅嘉 | | | 长江证券：王呈 | ...

Investment Rating - The report maintains a rating of "Accumulate" for the company, with a target price of 16.50 yuan [6][13]. Core Insights - The controlling shareholder, China Energy Conservation, plans to increase its stake in the company by 365 to 730 million yuan, reflecting confidence in the company's future development prospects [2][13]. - The company achieved a revenue of 2.826 billion yuan in the first three quarters of 2025, representing a year-on-year growth of 2.31% [13]. - The company is actively expanding into the new materials sector, with significant projects underway, including the second phase of the Wanrun Industrial Park, which will produce semiconductor-related materials [13]. Financial Summary - Total revenue is projected to decline from 4.305 billion yuan in 2023 to 3.693 billion yuan in 2024, before recovering to 4.857 billion yuan by 2027, with a CAGR of 13.6% from 2025 to 2027 [4][14]. - Net profit attributable to the parent company is expected to decrease significantly from 763 million yuan in 2023 to 246 million yuan in 2024, before increasing to 577 million yuan by 2027 [4][14]. - Earnings per share (EPS) are forecasted to rise from 0.27 yuan in 2024 to 0.63 yuan in 2027 [4][14]. Market Data - The company's market capitalization is approximately 13.069 billion yuan, with a 52-week stock price range of 9.79 to 14.39 yuan [7][8]. - The company has a net asset value per share of 7.80 yuan, with a price-to-book ratio of 1.8 [8][14]. Industry Context - The company operates within the basic chemicals and raw materials sector, focusing on new materials [5].