2024年被誉为"中国低空经济元年"，标志着低空经济作为战略性新兴产业迅速崛起。电动垂直起降飞行器（eVTOL）作为低空经济的主力低空飞行 器，需要综合性能更加优异的材料来驱动eVTOL飞行器的性能提升和应用推广，而质轻高强的高性能聚合物及其复合材料将成为首选材料。 芳纶纤维增强热塑性复合材料 则主要以芳纶纸蜂窝复合材料 进行应用，特别适用于需要承受负荷和具备优异透波性能的结构部件。此外，其他夹芯 复合材料如泡沫塑料，因其低密度、缓冲减震、隔音吸音等独特性能，也被应用于低空飞行器的内部结构。 另外，不得不提低空经济赛道的明星材料： PEEK ，相对于铝合金和不锈钢等，PEEK的密度较低，兼具刚性和韧性，能够替代金属，是实现轻量化 及平量化的极佳解决方案。 PEEK复合材料 对比纯PEEK材料性能更加优异，以碳纤维增强PEEK复合材料为例，30%的短碳纤维增强聚醚醚酮复合材料在室温下，拉伸强度比未 增强时增加至少一倍，在 150 ℃下达到三倍。同时，碳纤维的增强在一定程度上能抵御PEEK的热软化，形成转移膜保护接触区域，明显降低磨损 率。 吉林大学在特种工程塑料领域的研发历史悠久且成果丰硕。 吉林大学张云鹤教授 ...

Core Viewpoint - The article highlights the increasing interest and investment in PEEK (Polyether Ether Ketone) materials, particularly by companies like 富春染织, which is venturing into the new materials sector with a focus on PEEK research and development [1][2]. Company Overview - 富春染织 has recently restructured its board and announced plans to invest 50 million yuan in establishing a wholly-owned subsidiary for PEEK development [1][2]. - The company, founded in 2002, is the only publicly listed firm in China primarily focused on tube yarn, with a customer base that includes the hosiery and knitting industries [2]. - In the first half of the year, the company reported a 10% increase in sales volume, with new product orders rising over 60% [2]. Financial Performance - Despite the sales growth, the company expects a significant decline in net profit for the first half of the year, projecting a range of 11 million to 16 million yuan, which represents a year-on-year decrease of 80.85% to 86.83% [2]. Strategic Shift - To address challenges in the traditional textile industry, the company is shifting its focus to high-end yarn production and PEEK material projects, with plans to develop a smart industrial base in Wuhu [1][2]. PEEK Material Applications - The company aims to concentrate on PEEK's downstream applications, particularly in sectors such as semiconductors, medical devices, humanoid robots, and new energy vehicles [3]. - Notable advancements in PEEK applications include the introduction of a PEEK composite material harmonic reducer, which enhances durability compared to traditional metal bearings [3]. Market Competition - The PEEK market features established players like恩欣格 (Germany) and RTP (USA), with domestic competitors including 江苏君华, 鹏孚隆, and others [3]. - The article notes that the production of PEEK composites, particularly those reinforced with carbon fiber, is complex and currently dominated by a few companies globally [4]. Technical Challenges - The production of PEEK composites faces significant technical hurdles, including equipment wear and the difficulty of achieving consistent material properties [4]. - The article emphasizes that the domestic market relies heavily on imports for high-performance CF/PEEK products, which poses challenges in meeting demand and managing costs [4].

Core Viewpoint - The article discusses the growing significance of Polyether Ether Ketone (PEEK) in various high-performance applications, particularly in the aerospace, military, and low-altitude economy sectors, highlighting its market growth and advancements in composite materials [1][2]. Market Overview - The global PEEK market is projected to reach approximately $900 million in 2024, with a year-on-year growth of 5% [1]. - China's PEEK market is expected to be around 1.92 billion yuan, accounting for 41.8% of the global market share, indicating stable growth [1]. Material Advancements - Carbon fiber reinforced PEEK composites exhibit superior performance compared to pure PEEK, with a tensile strength increase of at least 100% at room temperature and up to 300% at 150°C when 30% short carbon fibers are added [1]. - The enhancement of carbon fibers helps resist thermal softening of PEEK and significantly reduces wear rates [1]. Applications in Low Altitude Economy - Carbon fiber reinforced PEEK is utilized in manufacturing drone frames, propellers, engine components, and lightweight structural parts for flying cars, such as seats and window frames [1]. - It is also used for the casings of sensors and control systems [1]. Key Players and Innovations - Watteco has developed a high-temperature and high-pressure synthesis process for PEEK, achieving a temperature resistance of over 260°C, suitable for critical components in drones and 5G base stations, with an annual production capacity of 1,000 tons [2]. - Nanjing Julong and its subsidiary have a complete production system for civilian drones, offering automated solutions from prepreg to component formation, with a capacity of 900 tons per year [2]. - Jilin Zhongyan collaborates with Siasun Robot to develop collaborative robot joint modules, achieving a weight reduction of 25% and a repeat positioning accuracy of ±0.02 mm, with a PEEK production capacity of 1,000 tons per year [2]. Research and Development - Professor Wang Guibin's research group at Jilin University has made significant advancements in PEEK resin and composite materials, enhancing interfacial shear strength (IFSS) from 43 MPa to 83 MPa through molecular design and chemical modification [3]. - The group has achieved an IFSS of 107 MPa by grafting PEEK polymers onto carbon fiber surfaces, significantly improving the interaction between the PEEK matrix and carbon fibers [3]. Upcoming Events - The 2025 Polymer Industry Annual Conference will be held in Hefei from September 10-12, focusing on the application prospects of PEEK and its composites in the low-altitude economy [3].

Group 1: Production and Technology - Continuous production at Taihe Technology refers to automated, continuous input and output processes, offering advantages such as safety, lower investment, stable product quality, and reduced labor needs [1] - The annual production capacity of self-produced phosphorus trichloride is 240,000 tons, with significant technical advantages leading to lower production costs for downstream phosphorus-containing products [2] - Current projects for PEEK, PEN, and PPS are in the pilot testing stage, with PEEK samples already being sent out [2] Group 2: Research and Development - Taihe Technology has approximately 150 R&D personnel, excluding analysis, design, and engineering staff, with the lithium sulfide project team composed entirely of internally trained professionals [3] - The brain biofeedback device developed by Taihe Technology provides real-time feedback for meditation, enhancing user experience compared to existing products [2] Group 3: Incentive Mechanism - The incentive mechanism for executives includes performance indicators linked to business operations, with year-end bonuses based on the completion of these indicators [3] - Business personnel's compensation consists of a fixed salary plus year-end bonuses, determined by market development performance [3] Group 4: Future Growth Points - Future profit growth is expected to come from water treatment agents, electronic chemicals, new materials, battery materials (including sodium battery components and solid-state electrolyte raw materials), and ongoing and planned projects [4]

Group 1: Shareholder and Buyback Activities - Shareholder Lu Yin Investment's buyback plan has exceeded the lower limit of CNY 125 million, with a target upper limit of CNY 250 million [1] - The company is progressing with a buyback plan of CNY 100 million to CNY 200 million, aimed at reducing registered capital and enhancing earnings per share [1] - The restricted stock incentive plan involves the buyback and cancellation of 7,009,780 shares, currently undergoing creditor announcement procedures [1] Group 2: Strategic Partnerships and Collaborations - The company signed a project cooperation letter of intent with Sinopec Catalyst Co., which will facilitate resource sharing and technical complementarity, aiming for product collaboration in the petrochemical catalyst field by 2025 [3] Group 3: Production Expansion Plans - The company plans to invest no more than CNY 300 million in the C05 project for semiconductor materials and polyimide materials, with a theoretical production capacity exceeding 1,000 tons [4] - Current semiconductor material production capacity is fully utilized, and the project is in the preparatory phase, expected to take about two years for completion after obtaining necessary approvals [4] Group 4: Performance and Project Updates - The company's second-quarter performance will be disclosed in the half-year report scheduled for August 22 [5] - The "Zhongjie Neng Wanrun (Penglai) New Materials Phase I Construction Project" has begun trial production of semiconductor materials, with further product launches dependent on trial progress and downstream customer validation [6][7] Group 5: Research and Development Focus - The company is focusing on material research in solid-state batteries, with no plans to produce batteries, and is currently developing high-purity materials in collaboration with universities [7] - The company is actively developing high-performance polymer products, including thermoplastic polyimide and polyether ether ketone, with some products already in sales and others in market promotion and validation stages [7]

Core Viewpoint - The article discusses the transformative role of PEEK (Polyether Ether Ketone) in the medical field, particularly in 3D printing applications, highlighting its potential to replace traditional titanium alloys in orthopedic implants [1][2]. Group 1: PEEK in Medical Applications - PEEK is a high-end engineering plastic that is experiencing significant changes driven by 3D printing technology, particularly in the field of medical implants [1]. - Traditional metal implants, such as titanium alloys, face issues like high elastic modulus, corrosion resistance, and the release of metal ions in the body, prompting the industry to seek alternatives like PEEK [1]. - PEEK is a synthetic semi-crystalline thermoplastic material with properties such as radiation resistance, insulation stability, hydrolysis resistance, compressive strength, and corrosion resistance, making it suitable for replacing most bone structures in the human body [1]. Group 2: 3D Printing Technology - 3D printing technology accelerates the replacement of traditional materials in the PEEK supply chain, especially for custom products in low-strength areas [2]. - The technology enhances the innovation and iteration speed of PEEK products, reducing the design optimization cycle from months to days, thus expediting clinical validation and improvement processes [2]. - The Freeformer series printers from Arburg utilize proprietary additive manufacturing technology (APF) to create PEEK implants without molds, supporting various engineering plastics and biodegradable materials [2]. Group 3: Upcoming Forum - Arburg's additive manufacturing manager will present at the 2025 Polymer 3D Printing Materials Summit, focusing on the development of PEEK in medical applications [5]. - The summit will address the importance of high-performance PEEK materials, challenges in mass production, and future directions for additive manufacturing [5].

Core Viewpoint - PEEK (Polyether Ether Ketone) is a third-generation high-performance thermoplastic engineering plastic that excels in heat resistance, wear resistance, and corrosion resistance, making it an ideal substitute for metals and ceramics in various demanding applications [2][8]. Group 1: Performance Characteristics - PEEK exhibits outstanding properties such as high temperature resistance (long-term use temperature > 260 °C), self-lubrication (friction coefficient 0.15–0.35), high strength (tensile strength > 150 MPa), and chemical stability (resistant to pH 1–14 corrosion) [2][13]. - Compared to traditional materials, PEEK's comprehensive performance and high product added value position it as a leading choice in specialized engineering plastics [10][14]. Group 2: Synthesis Process - The primary method for synthesizing PEEK is nucleophilic substitution, which allows for precise control over the reaction process, resulting in high purity and structural integrity of the material [3][19]. - The synthesis process requires stringent conditions and high-quality raw materials, leading to higher production costs [22][26]. Group 3: Demand and Applications - PEEK is widely used in various industries, including aerospace, automotive, electronics, and medical fields, due to its lightweight and high-performance characteristics [4][34]. - The demand for PEEK is expected to grow significantly, particularly in robotics, where the estimated demand could reach 10,000 tons, corresponding to a market size of 4 billion yuan if production reaches one million units [4][34]. Group 4: Supply and Market Dynamics - The global PEEK market is dominated by a few key players, including Victrex, Solvay, and Evonik, while domestic companies like Zhongyan Co., Watte Co., and Jinfat Co. are rapidly increasing their production capacity [5][6]. - The supply chain for PEEK's raw materials, such as DFBP and phenol, is primarily concentrated in China, with limited global production capacity [5][24]. Group 5: Future Outlook - The domestic PEEK market is projected to reach 5,078.98 tons by 2027, excluding the robotics sector, indicating a robust growth trajectory [6]. - Innovations in material modification technologies and processing methods, such as 3D printing, are expected to further expand PEEK's applications in various fields [4][34].

Core Viewpoint - PEEK (Polyether Ether Ketone) is recognized as a third-generation high-performance thermoplastic engineering plastic, ideal for replacing traditional materials like metals and ceramics due to its superior properties such as high temperature resistance, self-lubrication, high strength, and chemical stability [1][3] Group 1: Performance Characteristics - PEEK exhibits excellent performance in high temperature (long-term use temperature > 260 °C), self-lubrication (friction coefficient 0.15–0.35), high strength (tensile strength > 150 MPa), and chemical stability (resistant to pH 1–14 corrosion), making it a preferred choice over traditional materials [1][3] Group 2: Synthesis Process - The main synthesis method for PEEK is nucleophilic substitution, which allows for precise control over the reaction process, resulting in high structural regularity and performance stability of the material [2] - The nucleophilic substitution process, while effective, incurs higher costs due to stringent reaction conditions and raw material expenses [2] Group 3: Demand and Market Potential - PEEK's lightweight, extreme environment resistance, low friction wear, and electromagnetic compatibility make it a critical material in robotics, with applications in motors, bearings, reducers, and housings [3] - Assuming a usage of 10 kg of PEEK per robot and a market price of 400,000 yuan per ton, a production of one million robots could generate a demand of 10,000 tons of PEEK, corresponding to a market size of 4 billion yuan [3] Group 4: Supply Landscape - The PEEK market has high technical barriers, with few companies mastering large-scale industrial production, primarily dominated by Victrex, Solvay S.A, and Evonik Industries AG [4] - Domestic companies such as Zhongyan Co., Watte Co., and Jinfat Technology are rapidly emerging, with significant production capacity being developed [4] - Key suppliers for PEEK raw materials include companies like Xinhang New Materials and Zhongxin Fluorine Materials for DFBP, and Brothers Technology for phenol [4]

Group 1 - Tesla's CEO Elon Musk shared a video of the Optimus humanoid robot dancing, emphasizing its real-time capabilities and smooth movements, showcasing advancements in balance and coordination [1][2] - The video sparked discussions online, with some questioning its authenticity, but Musk confirmed it was real footage, marking a significant step towards practical applications of the robot [2] Group 2 - The humanoid robot industry is creating numerous opportunities for the new materials sector, with key materials including skeletal materials (magnesium alloys, engineering plastics), sensory and operational materials (sensor materials, functional drive materials), and energy sources (neodymium iron boron permanent magnet materials, solid-state battery materials) [3] - The demand for high-load, precision, and long-endurance robots is expected to drive the application of these new materials [3] Group 3 - PEEK (Polyether Ether Ketone) is a special engineering plastic used in Tesla's Optimus-Gen2, replacing metal joints and achieving a weight reduction of 10 kg and a 30% increase in walking speed. The global humanoid robot market is projected to exceed $100 billion from 2025 to 2030, with PEEK demand expected to reach 105,000 tons [5] - PA (Polyamide) is crucial in 3D printing for humanoid robots, with a notable example being the Poppy bionic robot, which uses PA for 87% of its components, achieving a weight reduction of 32% [7][8] - PC/ABS alloy is widely used in SoftBank's NAO robot, balancing heat resistance and processing flow, making it ideal for complex shapes in mid-range service robots [10] - PPS (Polyphenylene Sulfide) is known for its high-temperature resistance and electrical insulation, offering a 60% weight reduction compared to metals, making it advantageous in robot manufacturing [11] - LCP (Liquid Crystal Polymer) is frequently used in robot servo motor connectors due to its excellent high-temperature resistance and dimensional stability [12] - Carbon fiber composites are utilized in robotic arms, weighing only 5-15 kg and reducing weight by 40%-60% compared to metals, enhancing robot performance and safety [13] - Silicone materials are used in soft robot hand designs, providing flexibility and biocompatibility for fine operations and safe human interaction [15] Group 4 - The demand for humanoid robots is increasing the need for flexible electronic skin, which can enhance sensory capabilities and improve interaction with the environment [19] - The dexterous hand of the robot, comprising sensors, drive systems, transmission systems, and connectors, is crucial for its functionality and represents a significant area for new material development [20]

国泰海通证券股份有限公司 关于吉林省中研高分子材料股份有限公司 保荐机构名称：国泰海通证券股份有限公司 被保荐公司简称：中研股份 保荐代表人姓名：谢英成、朱元 被保荐公司代码：688716 重大事项提示 经中国证券监督管理委员会《关于同意吉林省中研高分子材料股份有限公司 首次公开发行股票注册的批复》（证监许可〔2023〕1531 号）批复，吉林省中研 高分子材料股份有限公司（以下简称"上市公司"、"中研股份"、"公司"或 "发行人"）首次公开发行股票，每股面值人民币 1 元，每股发行价格人民币 金净额为人民币 79,971.34 万元。本次发行证券已于 2023 年 9 月 20 日在上海证 券交易所上市。国泰海通证券股份有限公司（以下简称"保荐机构"或"国泰海 通"）担任其持续督导保荐机构，持续督导期间为 2023 年 9 月 20 日至 2026 年 在 2024 年 1 月 1 日至 2024 年 12 月 31 日持续督导期内（以下简称"本持续 督导期间"），保荐机构及保荐代表人按照《证券发行上市保荐业务管理办法》 （以下简称"保荐办法"）、《上海证券交易所科创板股票上市规则》（以下简 称"上市规则" ...