万林新（联系人） 0755-23375162 wanlx@wkqh.cn 交易咨询号：Z0020771 工业硅关注大厂停炉兑现；多晶 硅现货价格松动，承压运行 工业硅&多晶硅周报 从业资格号：F03133967 2026/01/31 陈张滢（黑色建材组） 从业资格号：F03098415 CONTENTS 目录 01 周度评估及策略推荐 04 多晶硅 02 期现市场 05 有机硅 03 工业硅 06 硅铝合金及出口 产业链示意图 01 周度评估及策略推荐 周度要点小结 ◆ 需求： 百川盈孚口径下多晶硅周度产量为1.92万吨，环比延续下行。 百川盈孚口径DMC产量4.21万吨，环比-0.08万吨。 1-12月，铝合金累计产量1929.70万吨，累计同比+315.60万吨或+19.55%。 1-12月，我国工业硅累计净出口70.84万吨，累计同比+1.35万吨或+1.94%。 ◆ 库存：截至2026/1/30，百川盈孚统计口径工业硅库存50.91万吨，环比-0.87万吨。其中，工厂库存25.04万吨，环比-1.16万吨；市场库存 18.90 万吨，环比-0.20万吨；已注册仓单库存6.97万吨，环比+0.49万吨。 ...

万林新（联系人） 0755-23375162 wanlx@wkqh.cn 交易咨询号：Z0020771 工业硅延续震荡；多晶硅成交清 淡，观望为主 工业硅&多晶硅周报 从业资格号：F03133967 2026/01/24 陈张滢（黑色建材组） 从业资格号：F03098415 CONTENTS 目录 01 周度评估及策略推荐 04 多晶硅 02 期现市场 05 有机硅 03 工业硅 06 硅铝合金及出口 周度要点小结 ◆ 需求： 百川盈孚口径下多晶硅周度产量为2.04万吨，环比延续下行。 百川盈孚口径DMC产量4.29万吨，环比-0.07万吨。 1-12月，铝合金累计产量1929.70万吨，累计同比+315.60万吨或+19.55%。 1-12月，我国工业硅累计净出口70.84万吨，累计同比+1.35万吨或+1.94%。 ◆ 库存：截至2026/1/23，百川盈孚统计口径工业硅库存51.78万吨，环比+0.74万吨。其中，工厂库存26.20万吨，环比-0.10万吨；市场库存 19.10万吨，环比持平；已注册仓单库存6.49万吨，环比+0.84万吨。 产业链示意图 01 周度评估及策略推荐 ◆ 截至2026/1/ ...

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Industrial silicon is expected to experience a supply - demand double decline and fluctuate weakly. The supply of polysilicon is shrinking, and it will operate with fluctuations [16][18]. Summary by Directory 1. Weekly Assessment and Strategy Recommendation - **Demand**: Polysilicon weekly output was 22,000 tons, down week - on - week. DMC output was 43,600 tons, a decrease of 400 tons week - on - week. From January to November, the cumulative output of aluminum alloy was 17.456 million tons, a year - on - year increase of 2.895 million tons or 19.88%. From January to November, China's cumulative net export of industrial silicon was 651,400 tons, a year - on - year increase of 12,400 tons or 1.95% [14]. - **Inventory**: As of January 16, 2026, the industrial silicon inventory was 510,400 tons, a decrease of 1,900 tons week - on - week. Factory inventory was 263,000 tons, down 3,900 tons week - on - week; market inventory was 191,000 tons, unchanged; registered warehouse receipt inventory was 56,400 tons, an increase of 2,000 tons week - on - week [14]. - **Price and Cost**: The spot price of 553 (non - oxygenated) industrial silicon in East China was 9,200 yuan/ton, unchanged week - on - week; the spot price of 421 industrial silicon was 9,650 yuan/ton, with a converted futures price of 8,850 yuan/ton, unchanged week - on - week. The futures main contract (SI2605) closed at 8,605 yuan/ton, a decrease of 110 yuan/ton week - on - week. The cost of industrial silicon in Xinjiang was 8,487.50 yuan/ton, Yunnan was 9,720.00 yuan/ton, Sichuan was 9,600.00 yuan/ton, and Inner Mongolia was 8,960.00 yuan/ton [15]. - **Supply**: The weekly output of industrial silicon was 78,400 tons, a decrease of 1,900 tons week - on - week [15]. 2. Futures and Spot Markets - **Industrial Silicon**: As of January 16, 2026, the spot price of 553 (non - oxygenated) industrial silicon in East China was 9,200 yuan/ton, unchanged week - on - week; the spot price of 421 industrial silicon was 9,650 yuan/ton, with a converted futures price of 8,850 yuan/ton, unchanged week - on - week. The futures main contract (SI2605) closed at 8,605 yuan/ton, a decrease of 110 yuan/ton week - on - week. The 553 (non - oxygenated) had a premium of 595 yuan/ton over the futures main contract, with a basis ratio of 6.47%; the 421 had a premium of 245 yuan/ton over the main contract, with a basis ratio of 2.77% [23]. - **Polysilicon**: As of January 16, 2026, the average price of polysilicon N - type re -投料 was 54.85 yuan/kg, a decrease of 0.15 yuan/kg week - on - week; the average price of N - type dense material was 54.35 yuan/kg, an increase of 0.1 yuan/kg week - on - week. The futures main contract (PS2605) closed at 50,200 yuan/ton, a decrease of 1,100 yuan/ton week - on - week. The basis of the main contract was 4,650 yuan/ton, with a basis ratio of 8.48% [26]. 3. Industrial Silicon - **Total Output**: As of January 16, 2026, the weekly output of industrial silicon was 78,400 tons, a decrease of 1,900 tons week - on - week. In December 2025, the output of industrial silicon was 355,900 tons, a decrease of 4,200 tons month - on - month. The cumulative output from January to December 2025 decreased by 652,300 tons or 13.86% year - on - year [31]. - **Output in Main Producing Areas**: Relevant graphs show the output trends of industrial silicon in Sichuan, Yunnan, Xinjiang, Inner Mongolia, and Gansu [30][33][35]. - **Production Cost**: As of January 16, 2026, the electricity price and silicon stone price in the main producing areas were unchanged week - on - week. The silicon coal price in the main producing areas was also unchanged week - on - week. The average cost in Xinjiang was 8,487.50 yuan/ton, Yunnan was 9,720.00 yuan/ton, Sichuan was 9,600.00 yuan/ton, and Inner Mongolia was 8,960.00 yuan/ton [43][46]. - **Visible Inventory**: As of January 16, 2026, the industrial silicon inventory was 510,400 tons, a decrease of 1,900 tons week - on - week. Factory inventory was 263,000 tons, down 3,900 tons week - on - week; market inventory was 191,000 tons, unchanged; registered warehouse receipt inventory was 56,400 tons, an increase of 2,000 tons week - on - week [49]. 4. Polysilicon - **Output**: As of January 16, 2026, the weekly output of polysilicon was 22,000 tons, down week - on - week. In December 2025, the output of polysilicon was 115,500 tons, an increase of 900 tons month - on - month. The cumulative output from January to December 2025 was 1.3052 million tons, a year - on - year decrease of 25.46% [54]. - **Capacity Utilization and Scheduling**: In December 2025, the capacity utilization rate of polysilicon was 42.23%, a decrease of 1.95 percentage points month - on - month. It is predicted that the output of polysilicon in January 2026 will continue to decline [57]. - **Inventory**: As of January 16, 2026, the factory inventory of polysilicon was 316,800 tons, and the SMM -口径 inventory was 321,000 tons [60]. - **Cost and Profit**: As of January 16, 2026, the production cost of polysilicon was 42,969.05 yuan/ton, and the gross profit was 16,241.47 yuan/ton [63]. - **Silicon Wafer**: The weekly output of silicon wafers was 10.83 GW, a slight increase week - on - week. In December 2025, the output of silicon wafers was 43.9 GW, a decrease of 10.47 GW month - on - month. The cumulative output from January to December 2025 was 647.09 GW, a year - on - year decrease of 0.46%. The inventory of silicon wafers was 24.78 GW, down week - on - week. It is predicted that the output of silicon wafers in January 2026 will be 45.2 GW, basically unchanged month - on - month [66][69]. - **Battery Cell**: In December 2025, the output of battery cells was 46.76 GW, a decrease of 8.85 GW month - on - month. The capacity utilization rate of photovoltaic batteries was 47.11%, a decrease of 8.93 percentage points month - on - month. The cumulative output from January to December 2025 was 669.48 GW, a year - on - year increase of 1.95%. The inventory of photovoltaic battery export factories was 9.04 GW, an increase week - on - week. It is expected that the output of battery cells in January 2026 will be 39.36 GW, a significant decrease month - on - month [75][78]. - **Module**: In December 2025, the output of modules was 38.7 GW, a decrease of 8.2 GW month - on - month. The capacity utilization rate of modules was 37.57%, a decrease of 8.14 percentage points month - on - month. The cumulative output from January to December 2025 was 563.2 GW, a year - on - year decrease of 1.21%. The finished product inventory of photovoltaic modules was 30.4 GW, basically unchanged week - on - week. It is predicted that the output of modules in January 2026 will be 32.47 GW, a decrease from December [83][86]. 5. Silicone - **Output**: As of January 16, 2026, the output of DMC was 43,600 tons, a decrease of 400 tons week - on - week. In December 2025, the output of DMC was 204,800 tons, a decrease of 4,700 tons month - on - month. The cumulative output from January to December 2025 was 2.477 million tons, a year - on - year increase of 9.93% [93]. - **Price and Profit**: As of January 16, 2026, the average price of silicone was 13,850 yuan/ton, an increase of 250 yuan/ton week - on - week. The gross profit of DMC was 1,921.88 yuan/ton [96]. - **Inventory**: As of January 16, 2026, the DMC inventory was 43,300 tons, a decrease of 1,300 tons week - on - week [99]. 6. Silicon - Aluminum Alloy and Exports - **Aluminum Alloy**: As of January 16, 2026, the price of primary aluminum alloy A356 was 24,280 yuan/ton, an increase of 40 yuan/ton week - on - week; the price of recycled aluminum alloy ADC12 was 23,890 yuan/ton, an increase of 170 yuan/ton week - on - week. From January to November, the cumulative output of aluminum alloy was 17.456 million tons, a year - on - year increase of 2.895 million tons or 19.88%. The capacity utilization rate of primary aluminum alloy was 58.6%, and the capacity utilization rate of recycled aluminum alloy was 58% [104][107]. - **Exports**: From January to November, China's cumulative net export of industrial silicon was 651,400 tons, a year - on - year increase of 12,400 tons or 1.95% [110].

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The price of industrial silicon is fluctuating and adjusting. In the short - term, market sentiment is volatile, and the price is expected to be under pressure. The demand for industrial silicon from polysilicon may be weak, and the organic silicon demand is relatively stable in the short - term. The polysilicon market is affected by legal risk concerns and market sentiment, with futures prices dropping and spot - price fluctuations. The market is waiting for the implementation of policies and the actual situation of transactions [16][18]. 3. Summary According to the Directory 3.1 Week - on - Week Assessment and Strategy Recommendation - **Demand**: The weekly production of polysilicon decreased slightly to 2.54 tons. The DMC production was 44,000 tons, a decrease of 400 tons from the previous week. From January to November, the cumulative output of aluminum alloy was 17.456 million tons, a year - on - year increase of 2.895 million tons or 19.88%. From January to November, the cumulative net export of industrial silicon was 651,400 tons, a year - on - year increase of 12,400 tons or 1.95% [14]. - **Inventory**: As of January 9, 2026, the industrial silicon inventory was 5.123 million tons, an increase of 3,300 tons from the previous week. Factory inventory decreased by 1,000 tons, market inventory increased by 1,000 tons, and registered warrant inventory increased by 3,300 tons [14]. - **Price**: The spot price of 553 (non - oxygen - permeable) industrial silicon in East China was 9,200 yuan/ton, unchanged from before the holiday. The spot price of 421 industrial silicon was 9,650 yuan/ton, with a discounted futures price of 8,850 yuan/ton, also unchanged. The futures main contract (SI2605) closed at 8,715 yuan/ton, a decrease of 145 yuan/ton from before the holiday. The SMM - statistical average price of polysilicon N - type re - feeding material was 55 yuan/kg, an increase of 2 yuan/kg from before the holiday. The average price of N - type dense material was 54.25 yuan/kg, an increase of 2.75 yuan/kg. The futures main contract (PS2605) closed at 51,300 yuan/ton, a decrease of 6,620 yuan/ton from before the holiday [15][23][26]. - **Cost**: The average cost of industrial silicon in Xinjiang was 8,487.50 yuan/ton, 9,720.00 yuan/ton in Yunnan, 9,775.00 yuan/ton in Sichuan, and 8,966.67 yuan/ton in Inner Mongolia. The production cost of polysilicon was 42,795.37 yuan/ton, with a gross profit of 16,415.16 yuan/ton [15][17]. 3.2 Spot and Futures Market - **Industrial Silicon**: As of January 9, 2026, the spot price of 553 (non - oxygen - permeable) industrial silicon in East China was 9,200 yuan/ton, unchanged from before the holiday. The spot price of 421 industrial silicon was 9,650 yuan/ton, with a discounted futures price of 8,850 yuan/ton, also unchanged. The futures main contract (SI2605) closed at 8,715 yuan/ton, a decrease of 145 yuan/ton from before the holiday [23]. - **Polysilicon**: As of January 9, 2026, the SMM - statistical average price of polysilicon N - type re - feeding material was 55 yuan/kg, an increase of 2 yuan/kg from before the holiday. The average price of N - type dense material was 54.25 yuan/kg, an increase of 2.75 yuan/kg. The futures main contract (PS2605) closed at 51,300 yuan/ton, a decrease of 6,620 yuan/ton from before the holiday [26]. 3.3 Industrial Silicon - **Total Output**: As of January 9, 2026, the weekly output of industrial silicon was 80,300 tons, a decrease of 600 tons from the previous week. In December 2025, the output of industrial silicon was 355,900 tons, a decrease of 4,200 tons from the previous month. The cumulative output from January to December decreased by 652,300 tons or 13.86% year - on - year [31]. - **Output in Main Production Areas**: The electricity price and silica price in main production areas remained unchanged week - on - week. The average cost of industrial silicon in Xinjiang was 8,487.50 yuan/ton, 9,720.00 yuan/ton in Yunnan, 9,775.00 yuan/ton in Sichuan, and 8,966.67 yuan/ton in Inner Mongolia [43][46]. - **Inventory**: As of January 9, 2026, the industrial silicon inventory was 5.123 million tons, an increase of 3,300 tons from the previous week. Factory inventory decreased by 1,000 tons, market inventory increased by 1,000 tons, and registered warrant inventory increased by 3,300 tons [49]. 3.4 Polysilicon - **Output**: As of January 9, 2026, the weekly output of polysilicon was 25,400 tons, a slight decrease from the previous week. In December, the output was 115,500 tons, an increase of 900 tons from the previous month. The cumulative output from January to December was 1.3052 million tons, a year - on - year decrease of 254,600 tons [54]. - **Operating Rate and Scheduled Production**: The operating rate of polysilicon in December was 42.23%, a decrease of 1.95 percentage points from the previous month. The expected output in January was 107,800 tons, continuing to decline [57]. - **Inventory**: As of January 9, 2026, the factory inventory of polysilicon was 311,800 tons, and the SMM - statistical inventory was 302,000 tons [60]. - **Cost and Profit**: The production cost of polysilicon was 42,795.37 yuan/ton, with a gross profit of 16,415.16 yuan/ton [63]. - **Silicon Wafer**: The weekly output of silicon wafers was 10.52 GW, remaining stable. In December, the output was 43.9 GW, a decrease of 10.47 GW from the previous month. The cumulative output from January to December was 647.09 GW, a year - on - year decrease of 0.46%. The inventory was 26.23 GW, a slight increase. The predicted output in January was 45.2 GW, remaining basically unchanged [66][69]. - **Battery Cell**: In December, the output of battery cells was 46.76 GW, a decrease of 8.85 GW from the previous month. The operating rate was 47.11%, a decrease of 8.93 percentage points from the previous month. The cumulative output from January to December was 669.48 GW, a year - on - year increase of 1.95%. The inventory was 8.92 GW, remaining unchanged. The expected output in January was 39.36 GW, a significant decrease [75][78]. - **Module**: In December, the output of modules was 38.7 GW, a decrease of 8.2 GW from the previous month. The operating rate was 37.57%, a decrease of 8.14 percentage points from the previous month. The cumulative output from January to December was 563.2 GW, a year - on - year decrease of 1.21%. The inventory was 30 GW, a slight decrease. The expected output in January was 32.47 GW, a decrease from December [83][86]. 3.5 Organic Silicon - **Output**: As of January 9, 2026, the DMC output was 44,000 tons, a decrease of 400 tons from the previous week. In December, the output was 204,800 tons, a decrease of 4,700 tons from the previous month. The cumulative output from January to December was 2.477 million tons, a year - on - year increase of 9.93% [93]. - **Price and Profit**: The average price of organic silicon was 13,600 yuan/ton, remaining unchanged. The DMC gross profit was 1,609.38 yuan/ton [96]. - **Inventory**: As of January 9, 2026, the DMC inventory was 44,600 tons, a decrease of 400 tons from the previous week [99]. 3.6 Silicon - Aluminum Alloy and Exports - **Aluminum Alloy**: As of January 9, 2026, the price of primary aluminum alloy A356 was 24,240 yuan/ton, an increase of 1,420 yuan/ton from the previous week. The price of recycled aluminum alloy ADC12 was 23,720 yuan/ton, an increase of 1,210 yuan/ton. From January to November, the cumulative output of aluminum alloy was 17.456 million tons, a year - on - year increase of 2.895 million tons or 19.88%. The operating rate of primary aluminum alloy was 58.4%, and that of recycled aluminum alloy was 58% [105][108]. - **Exports**: From January to November, the cumulative net export of industrial silicon was 651,400 tons, a year - on - year increase of 12,400 tons or 1.95% [111].

1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - Industrial silicon supply - demand is difficult to improve, and the price is expected to fluctuate weakly. The price increase is mainly due to commodity sentiment, and it may face pressure when the market sentiment changes. Attention should be paid to new supply - side disturbances in the northwest [14]. - For polysilicon, after the exchange's risk - control measures, the futures position has declined, trading volume has shrunk, and liquidity has tightened. The price is expected to fluctuate weakly. It's advisable to observe the actual spot transactions and changes in risk - control measures [17]. 3. Summary by Directory 3.1 Monthly Assessment and Strategy Recommendation - As of December 31, 2025, in the East China region, the spot price of 553 (non - oxygen - blown) industrial silicon was 9200 yuan/ton, a monthly decrease of 150 yuan/ton; the spot price of 421 industrial silicon was 9650 yuan/ton, with a discounted futures price of 8850 yuan/ton, also a monthly decrease of 150 yuan/ton [13][22]. - In December 2025, the industrial silicon output was 35.59 tons, a month - on - month decrease of 0.42 tons. The 1 - 12 month cumulative output was 405.52 tons, a year - on - year decrease of 65.23 tons or 13.86% [30]. - The 1 - 12 month cumulative output of polysilicon was 130.52 tons, a year - on - year decrease of 25.46%. The DMC output from January to December was 247.7 tons, a year - on - year increase of 9.93%. The cumulative output of aluminum alloy from January to November was 1745.6 tons, a cumulative year - on - year increase of 289.50 tons or 19.88%. The cumulative net export of industrial silicon from January to November was 65.14 tons, a cumulative year - on - year increase of 1.24 tons or 1.95% [13]. - At the end of December, the industrial silicon inventory was 50.33 tons, with factory inventory at 26.62 tons, market inventory at 19.00 tons, and registered warehouse - receipt inventory at 4.71 tons [13][49]. 3.2 Spot - Futures Market - Industrial silicon: As of December 31, 2025, in the East China region, the spot price of 553 (non - oxygen - blown) industrial silicon was 9200 yuan/ton, a monthly decrease of 150 yuan/ton; the spot price of 421 industrial silicon was 9650 yuan/ton, with a discounted futures price of 8850 yuan/ton, also a monthly decrease of 150 yuan/ton [13][22]. - Polysilicon: As of December 31, 2025, the average price of SMM - statistical N - type polysilicon re - feedstock was 53 yuan/kg, a monthly increase of 0.7 yuan/kg; the average price of N - type dense material was 51.5 yuan/kg, a monthly increase of 0.5 yuan/kg [16][25]. 3.3 Industrial Silicon - Total output: In December 2025, the industrial silicon output was 35.59 tons, a month - on - month decrease of 0.42 tons. The 1 - 12 month cumulative output was 405.52 tons, a year - on - year decrease of 65.23 tons or 13.86% [30]. - Main production areas: The average production cost in Xinjiang was 8487.50 yuan/ton, 9720.00 yuan/ton in Yunnan, and 9775.00 yuan/ton in Sichuan [13][46]. - Production cost: As of December 31, 2025, the electricity price in the main production areas remained flat month - on - month, and the silicon stone price was stable month - on - month. The silicon coal price in the main production areas also remained flat month - on - month [43][46]. - Visible inventory: At the end of December, the industrial silicon inventory was 50.33 tons, with factory inventory at 26.62 tons, market inventory at 19.00 tons, and registered warehouse - receipt inventory at 4.71 tons [13][49]. 3.4 Polysilicon - Output: In December, the SMM - caliber polysilicon output was 11.22 tons, a month - on - month increase of 0.09 tons. The 1 - 12 month cumulative output was 130.52 tons, a year - on - year decrease of 25.46% [16][54]. - Operating rate and production schedule: The operating rate in November was 44.18%, a month - on - month decrease of 5.91 percentage points. The estimated output in January was 10.78 tons, a month - on - month decrease [57]. - Inventory: At the end of December, the polysilicon inventory was 30.83 tons according to the Baichuan Yingfu caliber and 30.6 tons according to the SMM caliber, with factory inventory accumulating [15][60]. - Cost and profit: At the end of December, the production cost was 42321.68 yuan/ton, and the gross profit was 7888.84 yuan/ton, with relatively good profits [63]. - Downstream: In December, the silicon wafer output was 43.9GW, a month - on - month decrease of 10.47GW; the battery output was 46.76GW, a month - on - month decrease of 8.85GW; the component output was 38.7GW, a month - on - month decrease of 8.2GW [15]. 3.5 Silicone - Output: In December, the DMC output was 20.48 tons, a month - on - month decrease of 0.47 tons. The 1 - 12 month cumulative output was 247.7 tons, a year - on - year increase of 9.93% [92]. - Price and profit: As of December 31, 2025, the average price of silicone was 13600 yuan/ton, a monthly increase of 400 yuan/ton, and the DMC gross profit was 1659.38 yuan/ton [95]. - Inventory: At the end of December, the DMC inventory was 4.4 tons, a month - on - month decrease of 0.07 tons [98]. 3.6 Silicon - Aluminum Alloy and Exports - Aluminum alloy: As of December 31, 2025, the price of primary aluminum alloy A356 was 22820 yuan/ton, a monthly increase of 910 yuan/ton; the price of recycled aluminum alloy ADC12 was 22510 yuan/ton, a monthly increase of 1180 yuan/ton. The cumulative output from January to November was 1745.6 tons, a cumulative year - on - year increase of 289.50 tons or 19.88%. At the end of December, the operating rate of primary aluminum alloy was 58.6%, and that of recycled aluminum alloy was 60% [103][106]. - Exports: From January to November, the cumulative net export of industrial silicon was 65.14 tons, a cumulative year - on - year increase of 1.24 tons or 1.95% [109].

Core Viewpoint - The company is actively expanding its product applications in the commercial aerospace sector and is engaging with suppliers in the aerospace industry chain [2] Group 1: Product Development and Applications - The company has developed and produced aluminum-based rare earth intermediate alloys and high-end aluminum-based intermediate alloys, which are used in the manufacturing of aluminum alloys for civil aircraft, commercial aircraft, spacecraft, and rockets [2] - The aerospace-grade special intermediate alloys produced by the company are primarily applied in titanium alloys and high-temperature alloy fields, successfully used in critical components such as aircraft engine exhaust plugs, fan blades, nozzle components, landing gear, brake discs, and fasteners [2] - The company has also developed new composite materials, including silicon-aluminum alloys, aluminum-based composite materials, microcrystalline aluminum alloy materials, and 3D printed aluminum alloy materials, which can be used in aerospace electronic packaging, aircraft components, rocket components, and optical devices [2]

Core Viewpoint - The company is actively expanding its product applications in the commercial aerospace sector, collaborating with both domestic and international suppliers in the aerospace industry chain [2]. Group 1: Product Applications - The company has developed aluminum-based rare earth intermediate alloys and high-end aluminum-based intermediate alloys, which are used in the manufacturing of aluminum alloys for civil aircraft, commercial aircraft, spacecraft, and rockets [2]. - The aerospace-grade special intermediate alloys produced by the company are primarily applied in titanium alloys and high-temperature alloy fields, successfully used in critical components such as aircraft engine exhaust plugs, fan blades, nozzle components, landing gear, brake discs, and fasteners [2]. - The company has also developed new composite materials, including silicon-aluminum alloys, aluminum-based composite materials, microcrystalline aluminum alloy materials, and 3D printed aluminum alloy materials, which can be utilized in aerospace electronic packaging, aircraft components, rocket components, and optical devices [2].

Core Viewpoint - The company, Lichung Group, is actively involved in the aerospace sector, focusing on the research and production of advanced aluminum-based alloys and composite materials for various aerospace applications [2] Group 1: Aerospace Applications - The company has developed aluminum-based rare earth intermediate alloys and high-end aluminum-based intermediate alloys that are utilized in the manufacturing of components for civil aircraft, commercial aircraft, spacecraft, and rockets [2] - The aerospace-grade special intermediate alloys produced by the company are primarily used in titanium and high-temperature alloy applications, successfully contributing to critical components such as aircraft engine exhaust nozzles, fan blades, nozzles, landing gear, brake discs, and fasteners [2] - Additionally, the company has researched silicon-aluminum alloys, aluminum-based composite materials, microcrystalline aluminum alloys, and 3D printed aluminum alloys, which can be applied in aerospace electronic packaging, aircraft components, rocket components, and optical devices [2]

Core Viewpoint - The company, Lichung Group, has successfully developed and produced aluminum-based rare earth intermediate alloys and high-end aluminum-based intermediate alloys for applications in the aerospace sector, including components for civil and commercial aircraft, spacecraft, and rockets [1] Group 1: Aerospace Applications - The aluminum-based alloys produced by the company are utilized in the manufacturing of critical components such as aircraft engine exhaust plugs, fan blades, nozzle components, landing gear, brake discs, and fasteners [1] - The aerospace-grade special intermediate alloys are primarily applied in the fields of titanium alloys and high-temperature alloys [1] Group 2: New Material Development - The company has also developed new composite materials, including silicon-aluminum alloys, aluminum-based composite materials, microcrystalline aluminum alloys, and 3D printed aluminum alloys [1] - These new materials can be used in aerospace electronic packaging, aircraft components, rocket components, and optical devices [1]

Core Viewpoint - The company has developed new materials such as silicon-aluminum alloy and aluminum carbide silicon, which are currently used in aerospace, optics, and integrated electronic packaging, as well as chip packaging. These materials are also applicable for the casing packaging of optical modules in CPO [1] Group 1 - The new materials are utilized in aerospace and optical fields [1] - The materials are suitable for integrated electronic packaging and chip packaging [1] - The company’s products can be applied in the casing packaging of optical modules in CPO [1]