2025 年 11 月 2 日 公司研究 评级：买入(维持) | 研究所： | | | --- | --- | | 证券分析师： | 李永磊 S0350521080004 | | | liyl03@ghzq.com.cn | | 证券分析师： | 董伯骏 S0350521080009 | | | dongbj@ghzq.com.cn | | 证券分析师： | 李振方 S0350524080003 | | | lizf@ghzq.com.cn | [Table_Title] 九目化学北交所 IPO 申请获正式受理，2025 年 前三季度归母净利润同比增长 ——万润股份（002643）2025 年三季报点评 最近一年走势 | 相对沪深 | 300 表现 | | | 2025/10/31 | | --- | --- | --- | --- | --- | | 表现 | | 1M | 3M | 12M | | 万润股份 | | 1.9% | 10.7% | 32.5% | | 沪深 300 | | -0.0% | 13.9% | 19.3% | | 市场数据 | 2025/10/31 | | --- | --- | ...

Core Viewpoint - Wanrun Co., Ltd. has successfully achieved mass supply of polyimide monomer materials in the electronic and display fields, indicating strong progress in its product offerings [1] Group 1: Product Development - The company has successfully supplied TFT polyimide finished materials (orientation agents) and OLED photosensitive polyimide (PSPI) finished materials to downstream panel manufacturers through its subsidiary, March Technology [1] - In addition to display field polyimide finished materials, the company is actively expanding into the thermoplastic polyimide materials sector, including PEI, TPI, and PI-5218, all of which have already been sold [1]