资料显示，江苏斯迪克新材料科技股份有限公司位于江苏省太仓市青岛西路11号，成立日期2006年6月 21日，上市日期2019年11月25日，公司主营业务涉及功能性薄膜材料、电子级胶粘材料、热管理复合材 料及薄膜包装材料的研发、生产和销售。主营业务收入构成为：电子级胶粘材料52.07%，薄膜包装材 料16.77%，功能性薄膜材料15.93%，高分子薄膜材料7.62%，其他(补充)6.03%，热管理复合材料 1.57%。 斯迪克所属申万行业为：基础化工-塑料-膜材料。所属概念板块包括：新材料、石墨烯、中盘、氢能 源、光刻胶等。 截至9月30日，斯迪克股东户数2.01万，较上期增加12.63%；人均流通股15771股，较上期减少11.15%。 2025年1月-9月，斯迪克实现营业收入22.39亿元，同比增长11.57%；归母净利润4526.98万元，同比减少 15.81%。 1月9日，斯迪克盘中下跌2.01%，截至11:01，报32.69元/股，成交3.06亿元，换手率2.91%，总市值 148.18亿元。 资金流向方面，主力资金净流出155.80万元，特大单买入2611.04万元，占比8.52%，卖出3063.70 ...

每经头条（nbdtoutiao）——绕开光刻机"卡脖子"，中国新型芯片问世！专访北大孙仲：支撑AI训练和 具身智能，可在28纳米及以上成熟工艺量产 （记者 曾健辉） 每经AI快讯，斯迪克（SZ 300806，收盘价：29.74元）12月29日晚间发布公告称，截至本公告日，金闯 累计质押股数约为6607万股，占其所持股份比例为46.52%。施蓉累计质押股数为758万股，占其所持股 份比例为31.88%。 2025年1至6月份，斯迪克的营业收入构成为：电子级胶粘材料占比52.07%，薄膜包装材料占比 16.77%，功能性薄膜材料占比15.93%，高分子薄膜材料占比7.62%，其他业务占比6.03%。 截至发稿，斯迪克市值为135亿元。 ...

资料显示，江苏斯迪克新材料科技股份有限公司位于江苏省太仓市青岛西路11号，成立日期2006年6月 21日，上市日期2019年11月25日，公司主营业务涉及功能性薄膜材料、电子级胶粘材料、热管理复合材 料及薄膜包装材料的研发、生产和销售。主营业务收入构成为：电子级胶粘材料52.07%，薄膜包装材 料16.77%，功能性薄膜材料15.93%，高分子薄膜材料7.62%，其他(补充)6.03%，热管理复合材料 1.57%。 兴全趋势投资混合(LOF)（163402）基金经理为谢长雁、杨世进。 12月22日，斯迪克涨5.45%，截至发稿，报29.58元/股，成交3.56亿元，换手率3.89%，总市值134.09亿 元。 从斯迪克十大流通股东角度 数据显示，兴证全球基金旗下1只基金位居斯迪克十大流通股东。兴全趋势投资混合(LOF)（163402） 三季度新进十大流通股东，持有股数347.11万股，占流通股的比例为1.1%。根据测算，今日浮盈赚取约 531.07万元。 兴全趋势投资混合(LOF)（163402）成立日期2005年11月3日，最新规模151.39亿。今年以来收益 16.92%，同类排名4641/8170；近一 ...

作者：繁晟 近日，皇冠新材料科技股份有限公司（以下简称"皇冠新材"）向深交所递交了招股书，这个家族的"神秘面纱"才被揭开。 麦氏家族创始人：小学老师从商卖胶带 IPO前家族内部资产腾挪 皇冠新材前身皇冠有限成立于2000年，主要从事工业级胶粘材料、电子级胶粘材料及功能性薄膜材料等功能性复合材料的研发、生产及销售。简单来说，就 是生活中常见的胶带附加各种高性能功能。 皇冠新材的产品主要用于轻工业、家用电器、汽车制造、新能源电池、消费电子、智能物联网、半导体等多个领域，主要客户为领益智造、弘嘉新材、欣富 瑞等。 公开资料显示，现年61岁的麦惠权，拥有澳大利亚国籍及中国香港永久居留权。大专毕业后，麦惠权于1981年成为中山市小榄镇永康小学的教师。3年后， 麦惠权放弃教鞭，加入中山市永大胶粘，历任主任、经理、副总经理等职位，并于1991年至2000年，相继设立永昌热收缩膜厂、永昌胶粘、永昌包装等公 司。 麦惠霞，招股书显示，1962年出生，拥有中国香港居民身份证及高中学历。1979年至1983年，麦惠霞担任小榄镇永宁农副综合加工厂业务员；1984年至1991 年，担任小榄镇永宁蓄电池厂出纳员；1991年至今，与弟弟创 ...

据了解，皇冠新材是一家以功能性新材料为核心，研发、生产及销售工业级胶粘材料、电子级胶粘材料 及功能性薄膜材料等功能性复合材料的高新技术企业。公司主板IPO于2025年11月28日获得受理。 北京商报讯（记者 马换换 李佳雪）12月12日晚间，深交所官网显示，皇冠新材料科技股份有限公司 （以下简称"皇冠新材"）主板IPO进入问询阶段。 本次冲击上市，皇冠新材拟募集资金约9.19亿元，扣除发行费用后将用于广东皇冠功能性复合材料扩产 项目、江苏皇冠半导体用功能性复合材料等产品扩产项目、浙江皇冠光学膜产业化项目、研发中心建设 项目、补充流动资金。 ...

财务方面，于2022年度、2023年度、2024年度及2025年1-6月，公司实现营业收入约为25.67亿元、28.95 亿元、31.59亿元、15.92亿元人民币；同期，公司净利润分别约为2.06亿元、2.78亿元、3.02亿元、1.55 亿元人民币。 经过多年积累，皇冠新材业绩稳健攀升，盈利能力不断增强，未来仍将以功能性新材料作为战略重心， 在高端产品领域对标国际龙头企业美国 3M、日本日东、德国德莎等，并继续巩固在快速响应能力、一 体化配套服务方面的优势，以此获取下游终端客户的信任，推动公司在行业内保持较强的竞争力。 公司本次募集资金投资项目概况如下： | 序号 | 项目名称 | 项目总投资额 | 拟使用募集资金金额 | | --- | --- | --- | --- | | 1 | 东皇冠功能性复合材料扩产项目 | 19.980.06 | 19,980.06 | | 2 | 江苏皇冠半导体用功能性复合材料等产品 扩产项目 | 21,601.30 | 15.487.40 | | 3 | 浙江皇冠光学膜产业化项目 | 22.779.39 | 22,779.39 | | ব | 研发中心建设项目 | 28. ...

Core Viewpoint - Crown New Materials Technology Co., Ltd. has received acceptance for its IPO on the Shenzhen Stock Exchange, with CICC as the sponsor, indicating a significant step for the company in raising capital for its operations and expansion [2] Company Overview - Crown New Materials focuses on functional new materials, specializing in the research, production, and sales of industrial-grade adhesives, electronic-grade adhesives, and functional film materials [2] - The company's products are widely used across various sectors, including light industry, home appliances, automotive manufacturing, new energy batteries, consumer electronics, smart IoT, and semiconductors [2] Financial Performance - The total assets of the company have shown a steady increase from 2.30 billion yuan in 2022 to an estimated 3.56 billion yuan by mid-2025 [3] - The company's revenue has grown from 2.57 billion yuan in 2022 to an expected 3.16 billion yuan in 2025, reflecting a positive growth trajectory [4] - Net profit attributable to the parent company has increased from 205.50 million yuan in 2022 to an estimated 155.00 million yuan in the first half of 2025 [4] Shareholding Structure - The company does not have a controlling shareholder, with the largest shareholders being siblings Mai Huiquan and Mai Huixia, who collectively control 87.17% of the shares [5][6] - Mai Huiquan holds 25.92% of the shares and serves as the Chairman and General Manager, while Mai Huixia holds 38.59% and serves as the Vice Chairman [6][7] Management Team - The management team includes experienced individuals with extensive backgrounds in the industry, such as Mai Huiquan, who has held various leadership roles since 1981, and Mai Huixia, who has been involved in management since 1979 [7][8][9]

每经头条（nbdtoutiao）——让"铁疙瘩"从数万米高空精准"踩刹车"，中国商业航天"降本复用"只差"最 后一公里"！朱雀之后，同行排队接力 每经AI快讯，斯迪克（SZ 300806，收盘价：27.8元）12月4日晚间发布公告称，公司第五届第十四次董 事会会议于2025年12月4日在公司会议室召开。会议审议了《关于修订 <董事会秘书工作细则> 的议 案》等文件。 2025年1至6月份，斯迪克的营业收入构成为：电子级胶粘材料占比52.07%，薄膜包装材料占比 16.77%，功能性薄膜材料占比15.93%，高分子薄膜材料占比7.62%，其他业务占比6.03%。 截至发稿，斯迪克市值为126亿元。 （记者 曾健辉） ...

Core Viewpoint - Crown New Materials Technology Co., Ltd. has received approval for its IPO on the Shenzhen Stock Exchange, indicating a significant step for the company in the functional film and adhesive products industry [1]. Company Overview - Crown New Materials focuses on the research, production, and sales of industrial-grade adhesives, electronic-grade adhesives, and functional film materials, serving various sectors including light industry, home appliances, automotive manufacturing, new energy batteries, consumer electronics, smart IoT, and semiconductors [4]. Financial Performance - The company's revenue for the reporting periods (2022 to 2025) shows a steady increase, with total revenues of 2.567 billion yuan, 2.895 billion yuan, 3.159 billion yuan, and 1.592 billion yuan for the respective years [5]. - The net profit after deducting non-recurring gains and losses was 226 million yuan, 275 million yuan, 307 million yuan, and 154 million yuan for the same periods, indicating stable growth [5]. Product Revenue Breakdown - Industrial-grade adhesives accounted for over 65% of total revenue, with a decline in sales price from 3.72 yuan to 3.51 yuan, while electronic-grade adhesives and functional film materials saw price increases [6]. - The revenue from industrial-grade adhesives was 1.0357 billion yuan in the first half of 2025, reflecting a growth rate of 66.07% [5]. Funding and Investment Plans - The company plans to raise 919 million yuan, primarily for expanding production projects in Guangdong, Jiangsu, and Zhejiang, as well as for the construction of a research and development center [7][8].

Core Viewpoint - Crown New Materials Technology Co., Ltd. (Crown New Materials) faces significant structural risks despite its impressive client list and market presence, including issues related to raw material dependency, governance risks from its actual controller's cross-border identity, and contradictions between fundraising needs and substantial dividend payouts [1][2][25]. Group 1: Structural Risks - The company claims to be a high-tech enterprise with a focus on functional composite materials, serving major clients like Huawei and Apple, but it harbors structural risks in its core business [2][4]. - Crown New Materials has a high dependency on raw materials, with direct materials accounting for over 80% of its main business costs, linking its profitability closely to international oil prices [4][5]. - The company faces intense competition in the market, with major players like 3M and Nitto dominating the high-end segment, while its product structure remains heavily weighted towards industrial-grade adhesive materials, which have seen declining sales prices [5]. Group 2: IPO and Sponsorship Concerns - The IPO application marks Crown New Materials' first attempt to list on the A-share main board, with China International Capital Corporation (CICC) as the sponsor [7][9]. - The sponsor must prepare for potential inquiries regarding the actual controller's overseas identity and the compliance of fund flows, as well as the alignment of financial data with industry trends [9]. Group 3: Governance and Control Risks - The company's ownership structure is characterized by absolute family control, with the actual controllers holding 87.17% of the shares, raising concerns about governance effectiveness and potential decision-making imbalances [10][12]. - The actual controller's dual nationality (Australian and Hong Kong permanent resident) poses regulatory scrutiny regarding cross-border fund flows and compliance risks [12][13]. Group 4: Financial Data and Quality Concerns - Despite revenue and net profit growth from 2022 to 2024, discrepancies in financial data raise concerns about operational quality, particularly a significant decline in cash flow despite revenue growth [14][16]. - Anomalies in prepaid accounts, which grew by 28.44% in 2024 while operating costs increased by only 7.95%, warrant scrutiny regarding the nature of these transactions [14][16]. - The company's asset efficiency has declined, with revenue per fixed asset decreasing from 4.62 in 2022 to 3.87 in 2024, while capital expenditures surged by 82.05% [14][17]. Group 5: Fundraising Logic and Dividend Conflicts - Crown New Materials plans to raise approximately 919 million yuan, with 100 million yuan earmarked for working capital, despite having distributed significant cash dividends of 75.24 million yuan and 82.54 million yuan in 2023 and 2024, respectively [24][25]. - The juxtaposition of large dividend payouts and the need for fundraising raises questions about the company's liquidity and the rationale behind its dividend policy [24][25].