明泰铝业 20260227 摘要 公司 2025 年预计销量约 158 万吨，年度利润创历史新高，主要得益于 销量增长和产品结构调整，而非加工费上涨，体现经营质量的实质性改 善。 宏盛新材首条气垫炉于 2025 年三季度末投产，满产对应产能 10 万吨， 虽当年贡献有限，但 2026 年销售目标为 5-8 万吨，标志着公司在高端 产品热处理装备上的重要进展。 公司计划 2026 年投产第二条气垫炉，整体气垫炉体系规划为三条产线， 满产后总规模约 25 万吨，进一步提升高端产品生产能力。 2025 年全年吨净利在 1,200 元以上，2026 年 1 月销量显著高于去年 同期，表明整体需求稳定，未出现明显下滑。 2026 年销量增长主要来自亿瑞新材的贡献，韩国光阳铝业预计带来约 2 万吨增量，宏盛气垫炉主要作用在于高端产品配套和结构改善，不直接 新增产能。 亿瑞新材新增 72 万吨产能预计 2027-2028 年每年新增约 20 万吨，至 2030 年达产，届时公司整体规模预计达约 230 万吨，国内暂无其他重 大产能项目规划。 公司将继续优化产品结构，新增产能主要用于高端产品开发与供给，并 积极拓展新能源领域 ...

大年初二，贵州毕节黔西新田煤矿井下综采工作面机器轰鸣、灯火通明，矿工们坚守岗位推进煤炭开 采。"春节煤矿不停产、电力也不休息，有你们守护，我们才能安心生产。"黔西新田煤矿负责人于斌对 供电服务人员说道。 一系列精准保电举措，换来工业用电数据的亮眼成效。春节前三天，贵州大工业用电量达4.74亿千瓦 时，同比增长29.2%。其中，新能源电池及材料用电量0.36亿千瓦时，同比增长超50%。 传统工业稳扎稳打，新兴产业势头强劲。贵州裕能新能源电池材料有限公司春节期间不停产、用电需求 持续攀升。南方电网贵州福泉供电局主动靠前，提前对接企业生产计划，精准匹配用电需求，宣贯"峰 谷分时"电价政策、优化用电方案，助力企业降本增效。 传统与新兴产业协同发力，在可靠电力支撑下稳步前行。春节期间，贵州电网公司对全省633个保电重 要场所开展专项安全排查，组建700余支"黔电铁军"服务队，走访用户8万余户；提前配备到位各类应急 发电设备及应急抢修队伍，全方位做好工业保电工作，保障各类企业稳定生产，全力助力贵州一季度工 业实现"开门红"。 除新田煤矿外，春节期间贵州电网公司按照"全覆盖、全时段、全要素"强化供电保障，对煤矿双电源线 路 ...

"马"上发力 招商引资迎来"开门红" 我市30个重大招商项目签约 总投资超600亿元 马年新春启新程，招商签约谱新篇。在2026年泉州市民营经济发展大会上，30个重大招商项目现场集中签约，总投资超600亿元，涵盖数字经济、新材 料、高端制造、新能源、海洋经济、文商旅产业等多个领域。 "数智"引领高端制造提速增效。总投资32亿元的全新智能化卫生用品生产基地项目选址惠安，拟建设生产车间、智慧仓库等，全面引入AI视觉检测系统、 5G物联网数字孪生等前沿装备，项目建成达产后预计年产能达50亿片，创造1000余个就业岗位；总投资20亿元的美的小家电智能基地项目拟选址德化， 建设数字智能自动化组装基地，引进数控中心和智能自动生产线，助力现代化小家电智能制造产业发展；位于泉州台商投资区的高速悬浮电动机及高速磁 悬浮离心机智能装备项目，总投资21亿元，项目投产后预计年生产5000台以上设备，产值超40亿元。 新能源与新材料聚势赋能。总投资26.8亿元中科睿升新能源材料项目，将在泉港建设高性能橡胶生产和相关配套设施；闽华新能源电池材料一体化供应链 基地选址安溪，将建设电池材料智慧仓储与配送中心以及综合配套等；中核绿色能源产业项 ...

明泰铝业（601677.SH）2月12日在投资者互动平台表示，目前，公司高端产品占比约30%，现阶段重点 推进新能源电池材料、汽车轻量化用铝、铝塑膜铝箔、液冷板等产品。2025年10月，子公司鸿晟新 材"汽车、绿色能源用铝产业园项目"首期一条气垫炉生产线正式建成投产，进一步丰富公司在新能源汽 车、低空经济等新兴领域的高端铝材产品体系，公司聚焦"高端化+绿色化+智能化"主战略，深度布局 前沿领域，将稳步提升高端产品占比。 每经AI快讯，有投资者在投资者互动平台提问：公司多年来努力建设高端产品，现在情况如何？量产 情况如何？单吨税前利润如何？ （记者 王晓波） ...

Core Viewpoint - Dongfang Materials (603110) is expected to report a net loss for the entire year of 2025, with significant stock price volatility and ongoing business transformation amid regulatory scrutiny [1] Financial Performance - For the year 2025, Dongfang Materials anticipates a net profit loss ranging from 5.9352 million to 7.1066 million yuan, marking a shift from profit to loss year-on-year. The decline in performance is attributed to an approximately 11% decrease in revenue due to industry downturns, costs associated with workforce optimization in the computing power business, increased depreciation of fixed assets in subsidiaries, and adjustments to prior years' tax expenses. The company plans to optimize its product structure to enhance performance [2] Stock Performance - On February 10, 2026, Dongfang Materials' stock price fell by 2.05% to 17.21 yuan per share, with a net outflow of 13.6456 million yuan in principal funds and a turnover rate of 2.20%. Conversely, on February 4, 2026, the stock price rose by 2.13% with a net inflow of 5.1619 million yuan. Year-to-date, the stock has increased by 7.16%, but only 1.41% over the past 60 days, indicating significant short-term volatility [3] Business Development - The company is advancing its diversification strategy, focusing on areas such as computing power services, new energy battery materials, and high-performance fibers. On December 9, 2025, due to governance structure optimization and shareholder increases, the stock price hit the daily limit. The computing power business accounted for 6.2% of revenue in 2024, with clients including Liu'an Mobile and SenseTime. However, adjustments made in 2025 to the computing power business have led to increased costs [4] Regulatory Situation - On September 24, 2025, the company was ordered by the Anhui Securities Regulatory Bureau to rectify issues related to non-compliance with accounting standards and inadequate internal controls, which were recorded in the securities and futures market integrity archive. The company stated that this does not affect its daily operations. Additionally, in 2025, the Huazheng Index ESG rating was classified as C, ranking 489th out of 494 companies in the industry, with low scores in environmental and social categories [5] Shareholder Situation - As of September 30, 2025, the number of shareholders decreased by 22.24% to 28,600, with an increase in average circulating shares, indicating a rise in share concentration. In terms of institutional holdings, the China Post Core Advantage Flexible Allocation Mixed Fund has exited the top ten circulating shareholders. Historical shareholder increases may influence market sentiment [6]

Core Insights - The event on January 30, 2026, in Chengdu focused on the "Aerospace Economy and Hydrogen Storage New Energy," highlighting the integration of commercial aerospace, low-altitude economy, and hydrogen energy storage [1] - A total of 33 specific cooperation opportunities were released under the "Aerospace, Sky, Hydrogen" integration scenario [1] Policy and Investment - Liangshan Prefecture announced special policies to support the concentrated development of the commercial aerospace industry, including five major policy initiatives such as full-chain fund support and full-cycle landing guarantees [1] - An investment cooperation signing ceremony was held, resulting in 11 projects being signed with a total investment amount of 73.1 billion yuan [1] - Three companies, Dongfang Space, Zongheng Co., and Guohydrogen Technology, were identified as the first "scene partners" to share their plans for industrial collaboration with Liangshan [1] Resource and Industry Development - Liangshan Prefecture possesses 220 million kilowatts of developable clean energy resources, with a solid foundation in the aerospace industry and increasingly prominent geographical advantages [1] - The region aims to transform traditional resource conversion paths by leveraging green energy as a foundation, aerospace industry as an engine, and scenario integration as a driving force to create a "super integration scenario" of "Aerospace, Sky, Hydrogen" [1]

在"十四五"即将圆满收官、"十五五"征程就要开启的重要历史节点上，省委十一届九次全会在昆明举 行。会议审议通过了《中共云南省委关于制定云南省国民经济和社会发展第十五个五年规划的建议》， 紧紧围绕"一个跨越""三个定位""开创发展新局面"这一总纲，系统谋划云南未来五年发展，是全省经济 社会高质量发展的指导性文件。全会的召开，明确了"十五五"时期云南经济社会发展重点任务，对扎实 推进中国式现代化云南实践具有重大而深远的意义。 必须在强化科技赋能引领上下功夫，推动云南产业向"新"升级。立足云南发展不平衡不充分问题突出实 际，面对困扰高质量跨越式发展诸多堵点卡点，如产业基础比较薄弱、新旧动能接续转换不畅、科技创 新支撑不足，等等，要想加快推进云南产业转型升级，就必须实施好科教兴滇、人才强滇、创新驱动发 展战略，坚持以科技赋能行动为牵引，因地制宜发展新质生产力，以高质量科技供给支撑云南高质量跨 越式发展；就必须加快推动科技创新与产业创新深度融合，将最新科技创新成果运用到具体产业和产业 链上，推动云南产业向"新"升级、向"新"而行。《建议》立足云南科研实际与特色优势，就强化科技赋 能引领、加快创新云南建设作了全面部署，一 ...

Group 1 - The core viewpoint emphasizes the importance of industrial parks as key drivers of economic development in the province, highlighting three keywords: "Gather," "New," and "Governance" [1][2][3] Group 2 - "Gather": The province has 21 development zones with a concentration of leading industries exceeding 60%. National-level development zones account for 40% of the total revenue from development zones. Key industrial chains like green aluminum and silicon photovoltaic contribute nearly one-third of the total industrial output value from development zones [1] - "New": The vitality of the parks stems from continuous innovation, including technological upgrades and new operational models. The shift from "park economy" to "park within a park" model promotes cross-regional cooperation and diverse development [1] - "Governance": The focus is on improving governance efficiency by enhancing infrastructure and service management while reducing administrative burdens. This includes delegating 74 administrative approval powers and implementing a "management committee + company" model to separate management from operations [2] - The strategic development goal of "3815" aims to enhance the integration of production, urban development, and human resources, focusing on five billion-yuan industrial clusters in clean energy, silicon, phosphorus, and modern services [2] - Future plans include leveraging resource advantages and improving the industrial concentration and economic contribution of parks, with a target of exceeding 600 billion yuan in comprehensive output value from five major industrial clusters [2]

证券日报网1月30日讯，天原股份（002386）在接受调研者提问时表示，公司"十五五"规划仍然是围 绕"一体两翼"战略目标，持续在氯化法钛白粉和新能源电池材料方面深耕，目前公司新产业（300832） 已经形成并进入发展期，"十五五"期间将在现有产业链进行延链、补链、强链。 ...

投资者关系活动记录表 | 编号：2026-001 | | --- | | 投资者关系活动类别 | 特定对象调研 ☐ 分析师会议 | | --- | --- | | | ☐ 媒体采访 ☐ 业绩说明会 | | | ☐ 新闻发布会 ☐ 路演活动 | | | ☐ 现场参观 | | | 其他（请文字说明其他活动内容） ☐ 农银汇理基金汤砚卿、鹏扬基金梁君岳、华泰资产王曦炜、长城基 | | | 金李金鸿、天风证券唐婕、东方证券倪吉、东方证券万里扬、东方 | | 参与单位名称及人员姓名 | | | | 财富证券汪智谦 | | 时间 | 2026年01月28日 15:00-17:00 | | 地点 | 宜宾天原集团股份有限公司会议室 | | | 董事会秘书 何波 | | | 副总会计师 陶铸 | | 上市公司接待人员姓名 | 海丰和泰副总经理 梁波 | | | 证券事务代表 张梦、谢明洋 | | | 锂电新材销售经理 邓雨亮 | | | 1. 公司"十五五"战略规划？ | | | 答:公司"十五五"规划仍然是围绕"一体两翼"战略目标，持 | | 投资者关系活动主要内容 | 续在氯化法钛白粉和新能源电池材料方面深耕，目前公司 ...