11月25日，2025中国国际涂料展在上海新国际博览中心盛大启幕。凌玮科技（301373）（股票代码： 301373）以"赋能绿色涂料，解锁创新应用"为主题参展，聚焦低碳环保与安全耐久的核心诉求，携多款 新品与创新解决方案亮相，展示公司在绿色纳米新材料领域的最新成果。 绿色可持续：环保新材赋能终端应用 凌玮科技在可持续发展方面深度布局，其核心材料纳米二氧化硅兼具环保性与功能性优势。公司展出的 HOMSIL 消光用二氧化硅、HOMAC 二氧化硅防锈颜料和HOMSOL 硅溶胶等产品，除适配传统涂料油 墨体系外，还可应用于3D打印耗材、机器人零部件涂层及光伏自清洁涂层等新兴领域，为其提供消光 防沉、耐磨抗刮、增透手感等多重性能。 今年重点展示的 POLYCOAT 水性环氧乳液与固化剂同样备受关注。该产品凭借独特的乳化剂结构设 计，在降低VOCs的同时，没有增大乳液粒径，为涂料企业提供了兼顾低碳环保与长效防腐的理想选 择。在节能涂料领域，作为辐射制冷涂料的优秀基材，POLYCOAT 可赋予涂层优异的防锈防腐性能， 以其制成的辐射制冷涂料，广泛应用于建筑外墙、光伏组件及储能柜等设施，形成高效隔热控温涂层， 助力工业与建 ...

Core Viewpoint - The article discusses the growth potential and market dynamics of nano silica, highlighting its applications, production methods, and the competitive landscape in the industry [5][27][41]. Summary by Sections Production Methods and Raw Materials - Nano silica is produced through various methods, including liquid phase and gas phase processes, with the liquid phase method being more common for high-purity products [4]. - The main raw materials for nano silica production include sodium silicate and concentrated sulfuric acid, with the purity of products typically exceeding 98% [4][8]. Key Technical Indicators - Nano silica exhibits superior properties compared to conventional silica, including high surface area, strong adsorption capacity, and excellent dispersion performance [5][6]. - The average particle size of nano silica ranges from 1 to 100 nanometers, making it suitable for various applications in coatings, inks, and plastics [5][8]. Cost Factors and Pricing - The production costs of nano silica vary based on the manufacturing method, with liquid phase products generally having higher prices due to their purity and application in high-value sectors [4][31]. - The market for nano silica is expected to grow significantly, with projections indicating a compound annual growth rate (CAGR) of 7.6% from 2016 to 2025, reaching a market size of approximately $5.14 billion by 2025 [27][31]. Application Fields - Nano silica is widely used in industries such as coatings, inks, plastics, and petrochemicals, serving as reinforcing agents, fillers, carriers, and thickeners [8][10]. - Specific applications include furniture, textiles, automotive coatings, and medical products, showcasing its versatility across various sectors [8][10]. Development Trends - The industry is moving towards high-end, specialized products, with an increasing focus on production technology and environmental compliance [41][42]. - There is a notable trend of domestic manufacturers gradually replacing imported high-end products as they improve their production capabilities and meet stringent quality standards [41][42]. Market Dynamics - The global market for nano silica is projected to grow from an estimated consumption of 334.83 million tons in 2015, with significant growth expected in the Asia-Pacific region [27][31]. - In China, the market size for nano silica is anticipated to exceed $1.5 billion by 2021, driven by increasing demand in various applications [27][31]. Competitive Landscape - Major international players dominate the high-end nano silica market, possessing advanced production technologies and a wide range of product applications [44][46]. - Domestic companies face challenges in competing with established foreign firms but are gradually enhancing their technological capabilities and market presence [41][44].

Group 1: Market Demand and Growth Projections - The global market for precipitated silica exceeds $5 billion and 4 million tons, with high-end silica market demand projected at 1.5 million tons annually by 2024, driven by sectors like new energy vehicles and new materials [1] - South Asia and Southeast Asia are expected to see a demand growth rate of 4.9%, making it the fastest-growing regional cluster globally [2] - The company anticipates a 4% annual growth rate in the silica market until 2028, with China remaining the largest production and consumption market [2] Group 2: Financial Performance and Sales - In the first half of 2025, the company achieved overseas sales revenue of 40.2966 million yuan, a decline compared to the previous year [2] - The company reported a net profit of 65 million yuan in the first half of 2025, with 25 million yuan attributed to non-investment project profits [4] - The company’s investment projects generated economic benefits of 40.1985 million yuan in the first half of 2025, with specific contributions of 9.0153 million yuan from one project and 31.1832 million yuan from another [7][14] Group 3: Product Applications and Market Expansion - The company’s products are widely used in various industries, including coatings, inks, electronics, and photovoltaics, with a focus on expanding into high-end applications [3][9] - The company is actively participating in the wind and solar energy sectors, providing environmentally friendly and efficient new material solutions [8] - The revenue from the company's matting agents currently accounts for approximately 50% of total sales, with a gradual decline expected as product diversification continues [9] Group 4: Corporate Governance and Investor Relations - The company emphasizes the importance of maintaining effective communication with investors and regularly organizes meetings with various stakeholders [12] - The management is committed to enhancing shareholder returns through dividends and potential share buybacks, while also considering market conditions and company performance [4][13] - The company’s financial data is reported in compliance with disclosure regulations, ensuring transparency and accuracy in its operations [12]

Core Viewpoint - The company focuses on the research, production, and sales of nano-silica, highlighting its competitive advantages in purity, specific surface area, and dispersion, while maintaining a commitment to continuous technological innovation [2] Company Overview - The company has developed proprietary technologies in raw material formulation, production processes, and self-developed equipment, holding a total of 53 valid patents, including 32 invention patents and 21 utility model patents [2] - The total designed production capacity for nano-silica is 100,000 tons per year, with a capacity utilization rate of 79.44% projected for 2024 [2] Market Position - Domestic sales are expected to account for approximately 99.80% of total sales in 2024, while international sales are projected to be around 0.20% [2] - The company has obtained qualifications for food additives, with these products currently undergoing market validation and promotion, although they have not yet contributed significantly to revenue [2]

Core Viewpoint - The company emphasizes the impact of macroeconomic factors and international dynamics on stock price fluctuations, urging investors to be aware of investment risks [1] Group 1: Company Development Focus - The company aims to enhance the capacity utilization of its fundraising projects, diversify the applications of nano silica, and improve the international competitiveness of its nano silica products over the next three years [1] - The company is committed to increasing the overall competitiveness and profitability of its main business while delivering solid operational results and fulfilling social responsibilities to benefit investors [1] Group 2: Capital Management Strategies - The company will decide on capital operations such as capital reserve conversion to increase share capital, share buybacks, stock incentives, and mergers with related industry enterprises based on its operational status, future development plans, market capitalization management requirements, and industry market conditions [1] - The goal of these capital operations is to maximize shareholder interests and social value [1]

Group 1: Financial Performance - The company achieved a revenue of 479 million yuan in 2024, with overseas sales contributing 117 million yuan, accounting for 24.42% of total revenue [5] - The sales of anti-rust pigments and opening agents are expected to see double-digit growth in 2024 compared to the previous year [6] Group 2: Market and Product Development - The company has established partnerships with over 3,000 enterprises globally, with a focus on Southeast Asia and Europe, minimizing the impact of U.S. tariff policies on overseas sales [2] - The company is expanding its product applications into high-temperature resistant materials, industrial anti-corrosion, and medical films, among others [4] Group 3: Production and Technology - The company is in the production phase of its 20,000-ton ultra-fine silica project at the Ma'anshan base, utilizing photovoltaic energy to reduce carbon emissions [3] - The production process has been fully automated and digitized, enhancing efficiency and precision through the integration of DCS and MES systems [4] Group 4: Research and Development - The company invests heavily in R&D, with 12 core technologies and 32 authorized patents, focusing on the development of nano-silica materials [4] - Future R&D efforts will target high-end applications and involve collaboration with universities and complementary enterprises to strengthen innovation capabilities [4] Group 5: Competitive Advantages - The company has developed unique production technologies that have broken the monopoly of foreign firms in the domestic mid-to-high-end market [7] - The production of nano-silica involves complex processes requiring precise control, creating significant entry barriers for competitors [7] Group 6: Strategic Outlook - The company plans to enhance its market presence and brand recognition globally while expanding its sales network and deepening relationships with existing customers [5] - Future mergers or expansions into upstream and downstream sectors will be considered based on market conditions and company performance [6]