（文章来源：每日经济新闻） 万马股份（002276.SZ）12月17日在投资者互动平台表示，在海底电缆领域，万马高分子生产的海底电 缆用绝缘层、海缆用超光滑半导电屏蔽料以及海底电缆护套产品等多品类产品均有应用于海风电缆。其 中，海底电缆用绝缘层、海缆用超光滑半导电屏蔽料，已成功应用于多个国内外重大海底电缆输电项 目，并参与多个高压电缆尖端工程的技术攻坚。目前该类产品占公司整体营收的比例较小。在航天领 域，公司航空导线等部分产品符合机载和航天设备要求，应用于航空及地面装备等，海底隧道不适用， 目前该类业务占公司整体营收的比例很小。敬请投资者注意投资风险。 每经AI快讯，有投资者在投资者互动平台提问：请问公司的产品是否可用于商业航天、海底隧道等电 力设施的应用上？ ...

格隆汇12月17日丨万马股份(002276.SZ)在投资者互动平台表示，在海底电缆领域，万马高分子生产的 海底电缆用绝缘层、海缆用超光滑半导电屏蔽料以及海底电缆护套产品等多品类产品均有应用于海风电 缆。其中，海底电缆用绝缘层、海缆用超光滑半导电屏蔽料，已成功应用于多个国内外重大海底电缆输 电项目，并参与多个高压电缆尖端工程的技术攻坚。目前该类产品占公司整体营收的比例较小。在航天 领域，公司航空导线等部分产品符合机载和航天设备要求，应用于航空及地面装备等，海底隧道不适 用，目前该类业务占公司整体营收的比例很小。 ...

Group 1: Company Overview and Performance - Zhejiang Wanma Co., Ltd. achieved a revenue of 17.76 billion CNY in 2024, representing a year-on-year growth of 17.46% [14] - The net profit attributable to shareholders decreased by 3.41% to 1.38 billion CNY [14] - The company faced pressure on profitability due to rising copper prices and increased market competition [14] Group 2: Product and Market Insights - The company's robot cable products have competitive advantages, including advanced product design and a TUV-certified laboratory for extensive R&D data [2][3] - The new energy segment saw a compound annual growth rate of 38.26% in charging equipment sales, indicating a recovery in profitability [3] - The market share of ultra-high voltage insulation materials is approximately 20% [9] Group 3: R&D and Innovation - In 2024, the cable segment successfully developed 16 new products, with 9 achieving provincial-level industrial new product certification [7] - The high polymer segment completed significant R&D projects, including high-voltage cable materials that have been recognized for their advanced technology [7] - The company holds multiple patents in cable design and production processes, enhancing its competitive edge [7] Group 4: Future Outlook and Industry Trends - The demand for electricity in China is expected to grow by about 6% in 2025, supporting accelerated investment in the power grid [12] - The share of high-end and special cable products in the cable industry is projected to increase from 30% in 2024 to 35%-40% in 2025 [12] - The company is positioned to benefit from strategic opportunities in emerging industries such as new energy and advanced manufacturing [11]