1月6日晚，时代新材（600458）发布公告称，公司在2025年10月1日至12月31日期间与风电各大主机厂 签订《叶片销售合同》，合同金额总计约33.2亿元。 拆分来看，前述销售合同中，海上风电项目合同金额为1.9亿元，陆上风电项目合同金额为31.3亿元。 时代新材预计，风电行业明年国内外装机量仍有大幅增长，市场份额向头部主机厂集中，海外市场需求 增长尤其明显。 基于前述判断，时代新材表示，未来国内风电叶片将通过现有工厂的扩产来满足需求，新建基地则主要 聚焦海外市场需求。目前，公司国内有80余个工位，在考虑换型和新产品开发的基础上，理想产能约 5000套/年。在海外布局方面，公司已在越南设立全资子公司，2025年11月又宣布对越南子公司增资4.58 亿元，逐渐构建规模化运营能力。据悉，越南工厂预计投产时间为2026年4月，一期预计配置6至8套模 具，目前该模具工位基本已被客户锁定。 近年来，时代新材基于既有产业优势，持续延伸业务链条，近几年先后实现了诸如高性能聚氨酯材料、 长玻纤增强热塑性复合材料、芳纶材料、有机硅材料、电容隔膜材料等一系列高性能高分子材料的工程 化应用。2025年上半年，公司新材料及其他板 ...

1月6日晚，时代新材（600458）发布公告称，公司在2025年10月1日—2025年12月31日期间与风电各大 主机厂签订《叶片销售合同》，合同金额总计约33.2亿元。 从业务体量来看，风电叶片板块为时代新材第一大业务，2025年上半年完成销售收入39.11亿元，同比 增长39.38%。在市场拓展方面，公司国内头部风电整机企业战略合作关系稳固，与金风科技 （002202）合作进入规模化配套阶段；与海外客户Nordex合作进一步深入，上半年海外收入同比增长 300%。 时代新材预计，风电行业明年国内外装机量仍有大幅增长，市场份额向头部主机厂集中，海外市场需求 增长尤其明显。 基于前述判断，时代新材表示未来国内风电叶片产能将通过现有工厂扩产满足新增需求，新建基地计划 则主要聚焦海外市场。目前，公司国内有80余个工位，在考虑换型和新产品开发的基础上，理想产能约 5000套/年。在海外布局方面，公司已在越南设立全资子公司，2025年11月又宣布对越南子公司增资4.58 亿元，逐渐构建规模化运营能力。据悉，越南工厂预计投产时间为2026年4月，一期预计配置6至8套模 具，目前该模具工位基本已被客户锁定。 近年来，时代 ...

Core Viewpoint - The aerospace industry heavily relies on high-performance materials to ensure efficiency, safety, and sustainability, with increasing demand for engineering plastics that can withstand extreme conditions while being lightweight and durable [2]. Group 1: Aerospace Materials - Advanced plastics are crucial for optimizing logistics and reducing waste in aerospace applications, including reusable transport packaging and pallets [2]. - The current engineering plastics used in aerospace include PC, PA, PEEK, PEAK, LCP, PI, and ABS, each serving specific functions such as cabin covers, gears, bearings, and engine components [2]. - High-performance polymer materials are fundamental to modern aerospace equipment, significantly contributing to the lightweighting of aerospace gear [2]. Group 2: Future Developments - The next generation of aerospace plastics will push the limits of possibilities, driven by advancements in composite materials, automation, and AI in manufacturing [3]. - The 2025 Polymer Industry Annual Conference will feature a presentation on the application of high-performance polymer materials in the aerospace industry, highlighting the importance of collaboration among enterprises [3][6]. Group 3: Conference Details - The 2025 Polymer Industry Annual Conference will take place from September 10-12 in Hefei, focusing on emerging industries such as AI, low-altitude economy, and aerospace [6]. - The conference aims to explore new opportunities in materials, technology, and equipment across various sectors, inviting international leading enterprises and industry experts [6].

Core Viewpoint - The article emphasizes the significant advancements in 3D printing technology, particularly in the aerospace sector, driven by high-performance polymer materials that meet stringent requirements for weight reduction, stability under extreme conditions, and cost efficiency [2][4]. Group 1: 3D Printing in Aerospace - The global space race is intensifying, with both public and private sectors striving to innovate in this new frontier [2]. - Aerospace materials must be lightweight to reduce launch costs while maintaining stability under extreme temperatures, radiation, and mechanical loads [2]. - Traditional manufacturing methods face challenges such as long production cycles, high costs, and limited design flexibility, primarily relying on metal and composite materials [2]. Group 2: Advantages of High-Performance Polymers - Recent advancements in 3D printing technology have demonstrated unique advantages in shortening development cycles and manufacturing complex structures [2]. - High-performance polymers and composites, such as carbon fiber composites, PEEK, and PEKK, are preferred for their ability to achieve a balance between lightweight and performance, as well as for their cost control throughout the lifecycle [2]. - Benefits of these materials include weight reduction in aircraft components, insulation, optimized airflow, reduced fuel consumption, increased range, fire resistance, and non-toxic properties [2]. Group 3: Upcoming Forum - Zhao Yunfeng, a researcher from the Aerospace Materials and Process Research Institute, will present on "3D Printing of High-Performance Polymer Materials and Their Aerospace Applications" at the 2025 (Fourth) Polymer 3D Printing Materials Summit Forum [5]. - The forum is scheduled for July 18-20, 2025, in Hangzhou, Zhejiang, and aims to facilitate industry exchanges on the latest advancements in polymer materials and 3D printing technologies [5][10].

Core Viewpoint - The company held an online performance briefing for 2024, addressing investor concerns regarding operational status and development strategies [1] Group 1: Financial Performance - The company experienced a slight decline in sales revenue due to product structure upgrades and strategic adjustments in some subsidiaries, although gross profit improved and losses significantly narrowed [2] - The main reasons for losses include high financial expenses, with annual interest costs amounting to 39.68 million yuan, and the restructuring of certain subsidiaries [2] - The company has fully recognized goodwill impairment and plans no profit distribution for 2024 due to negative distributable profits [3] Group 2: Operational Adjustments - Land acquisition has positively impacted the company's cash flow, with payments received in installments, helping to reduce interest-bearing liabilities and optimize asset operational efficiency [3] - The company aims to reverse the revenue decline by optimizing product structure, expanding market channels, and enhancing cost control [3] Group 3: Strategic Initiatives - The company adheres to a strategy of "technological innovation" and "market-first," focusing on key material layouts, core technology breakthroughs, and market application expansion [3] - Recent developments include the creation of several mid-to-high-end rubber soft foam materials and functional rubber components to meet diverse industry needs [3] - Research and development expenses have decreased year-on-year due to reduced material input, but the company maintains a stable R&D team and emphasizes investment efficiency [3] Group 4: Subsidiary Management - The company continues to have actual control over Tian Sheng Securities Co., Ltd., with no further disclosures regarding the transfer of this subsidiary [4]

Group 1: Financial Performance - The company experienced a slight decrease in sales revenue compared to the previous year, but gross profit increased significantly, leading to a substantial reduction in losses [1] - The main reasons for the losses in 2024 were heavy financial expenses amounting to CNY 39.68 million and asset impairment losses of CNY 18.73 million [1][2] - The company plans to use CNY 350 million from land acquisition compensation to repay existing mortgage loans, which will help reduce financial burdens and improve cash flow [4] Group 2: Dividend and Profit Distribution - The company will not distribute profits for the fiscal year 2024 due to negative distributable profits, meaning no cash dividends or stock bonuses will be issued [2] - The company has fully recognized goodwill impairment, indicating a cautious approach to future profit distribution [2] Group 3: Strategic Initiatives - The company is focusing on product structure upgrades and strategic adjustments to improve revenue and profitability [3][4] - Emphasis on technological innovation and market-driven strategies to maintain and expand market leadership in the high-performance polymer materials sector [5] - The company is actively developing high-end rubber products, including eco-friendly SBR and CR rubber foams, to meet the demands of major sports brands [6] Group 4: Research and Development - R&D expenses have decreased compared to the previous year, but the company maintains a stable R&D team and focuses on improving the efficiency of R&D investments [7] - Future R&D investments will align with market trends and company development needs to ensure continued innovation and competitiveness [7]