每经AI快讯，有投资者在投资者互动平台提问：公司2025年三季度光伏POE胶膜母粒收入同比大增 446%且毛利率达42%，该业务目前在总营收中占比多少？滁州5万吨项目预计2026年Q1投产，预计投产 后光伏业务占比将提升至何种水平？ 宁波色母（301019.SZ）12月16日在投资者互动平台表示，我公司的主要产品为色母粒，有彩色母粒、 白色母粒、黑色母粒和功能母粒等四大产品类别，广泛应用于 PE、PP、AS、PET、EVA、ABS 等塑料 制品领域，并最终应用于电子电器、日用品、食品饮料、日化、建材、农业、汽车、医疗等行业。作为 应用领域塑料制品的着色剂，我公司产品应用领域广，所以每个应用领域的占比不大。新建的滁州子公 司投资项目现处于建设期，根据公司战略目标规划，项目投产后采取定制化订单模式生产；在未来可能 存在行业竞争加剧、原材料价格波动、市场需求低于预期等风险。 （文章来源：每日经济新闻） ...

美联新材 20251130 摘要 美年新材已完成对辉宏科技的收购，获得日本知名企业 16,949 验证， 成为其合格供应商，并已获得吨级订单，YETIS 单体和树脂产品已成功 开发，拥有稳定的日本和台湾客户，小批量订单销往欧洲，用于光刻胶 材料开发。 美年新材的树脂产品通过台资著名 PCB 企业认证，开始小批量交付欧美 市场。现有产能为 300 吨单体和 200 吨树脂，单体价格六七十万元/吨， 树脂价格最低 100 万元/吨以上。预计明年满产满销。 美年新材计划根据订单情况逐步扩产高频高速树脂业务，规划先扩产到 1,000 吨单体和 1,500 吨树脂，预计 2026 年下半年建成投产，到 2027 年底新增产能，并预期 2028 年实现满负荷生产。 美年新材通过收购辉宏科技，推动半导体材料技术升级，从马六、马七 到马八甚至马九级别。公司与生益科技、南亚和华震等国内外企业进行 技术交流，促进技术进步。 美年新材的材料已被台湾知名企业用于马九级别板材，预计 2026 年前 后实现 200 吨满产满销目标，并预计元旦前后会看到更大规模放量，同 时，日本客户订单量虽目前仅为几吨，但预计一月份也将有所增加。 Q&A ...

Core Viewpoint - The company is focused on enhancing its core competitiveness and is actively developing its industrial layout in new materials, new energy, and semiconductor materials, aiming to reward investors with excellent performance and requesting patience for its growth and development [1] Company Developments - The company's new energy and polymer materials industrialization project in Xuanhan County, Dazhou, Sichuan, is currently under construction [1] - The project plans to establish an annual production capacity of 300,000 tons of white masterbatch, benefiting from the local abundant and cost-effective resources such as natural gas and sulfur, which will facilitate integrated production from raw materials to finished products [1] - The project is expected to be completed and put into operation by 2026, with the company aiming to rapidly enhance the scale efficiency and global market share of color masterbatch through this initiative [1] - The company is committed to maximizing the profit contribution from this project [1]

Group 1 - The company achieved operating revenue of 448 million yuan in Q1 2025, a year-on-year increase of 6.54%, but the net profit attributable to shareholders decreased by 64.54% to 9 million yuan due to the continued decline in the market price of melamine [1] - The company is the only producer of EX electronic materials in the country, which are primarily used in high-frequency copper-clad laminates, and has established an annual production capacity of 200 tons [1] - The company is also the largest white masterbatch manufacturer in Asia and is advancing projects in the new energy and polymer materials sectors, aiming to build a circular economy system to reduce production costs [2] Group 2 - Revenue forecasts for the company from 2025 to 2027 are projected to be 2.119 billion, 3.436 billion, and 5.166 billion yuan, with corresponding EPS of 0.11, 0.24, and 0.61 yuan, indicating a positive growth outlook [3] - The company is expected to benefit from the rapid growth of the high-frequency and high-speed copper-clad laminate market, driven by advancements in AI and domestic policy support [3]

Core Viewpoint - The company held its annual performance briefing for 2024, showcasing strong investor engagement with a 100% response rate to questions raised during the event [1] Group 1: Financial Performance - The company reported a 9.28% increase in revenue for 2024, while profit decreased by 1.41% due to increased investments in market expansion and product development [6] - In Q1 2025, the company recorded revenue of 10,695.11 million, a decrease of 6.46% year-on-year, but net profit increased by 26.81% [8][13] Group 2: Production and Capacity Expansion - The construction of the Chuzhou subsidiary factory began in November 2023, with completion expected by the end of December 2024 and production to start by June 2026 [2] - The company aims to establish a production model centered around its Ningbo headquarters, with multiple production bases in Ningbo, Zhongshan, and Chuzhou [2] Group 3: Research and Development - The company invested 1,978.03 million in R&D in 2024, accounting for 4.01% of revenue, and has 16 ongoing R&D projects [6] - The company has launched new products, including carbon-neutral masterbatches, and is focusing on innovative and differentiated products to capture market opportunities [6][9] Group 4: Market Position and Strategy - The company is recognized as a leading supplier in the plastic masterbatch industry, with its brand "Mingzhou" acknowledged as a famous trademark in Zhejiang province [7] - The company emphasizes quality management, technological innovation, and talent development to maintain its competitive edge and achieve sustainable growth [6][9] Group 5: Industry Outlook - The plastic masterbatch industry is expected to grow alongside the plastic processing industry in China, with significant development potential driven by trends towards functionalization, lightweighting, and sustainability [9]