证券日报网讯百川股份9月18日在互动平台回答投资者提问时表示，公司开发的高端沥青焦熟焦，具有 低CTE、高强度，热导率和电导率较好等优异性能，可应用于精密模具、半导体和光伏热场材料、核石 墨与航天材料等市场所需高端等静压石墨的生产。 （文章来源：证券日报） ...

Core Viewpoint - Ningxia Baichuan New Materials has successfully developed high-end pitch coke that can replace imported materials in the production of isotropic graphite, aiding domestic carbon enterprises in advancing high-end isotropic graphite applications [3][4]. Group 1: Industry Context - Isotropic graphite, known for its excellent physical and chemical properties, is widely used in aerospace, nuclear industry, military, petrochemical, and power electronics sectors [3]. - The core raw material for high-end isotropic graphite, high-end pitch coke, is primarily imported, while domestically produced medium-temperature pitch coke can only be used for low to mid-end isotropic graphite production [3]. Group 2: Company Developments - Ningxia Baichuan New Materials has leveraged its existing coal-based needle coke production facilities to enhance R&D efforts for new products and processes, achieving significant breakthroughs in the production technology of pitch coke for isotropic graphite [3]. - The company has developed multiple high-end pitch coke products with low CTE, high strength, and good thermal and electrical conductivity, suitable for high-end isotropic graphite production required in precision molds, semiconductors, photovoltaic thermal field materials, nuclear graphite, and aerospace military materials [3]. - The new products have been evaluated and cooperated with several leading domestic isotropic graphite enterprises, significantly reducing their production costs and achieving true import substitution, thereby helping downstream enterprises break the foreign market monopoly [3]. Group 3: Future Outlook - Ningxia Baichuan New Materials will continue to adhere to an open, inclusive, and self-innovative sustainable development philosophy, striving to overcome cutting-edge industry technologies and develop advanced high-end products to lead industry transformation [4].