来源：新浪证券-红岸工作室 8月26日，海利得涨1.09%，成交额2.07亿元，换手率3.49%，总市值75.54亿元。 异动分析 PEEK材料+海工装备+光伏概念+长三角一体化+人民币贬值受益 1、根据2025年5月14日互动易：公司PEEK纤维目前仍处于研发送样阶段。 2、2025年4月8日互动易，公司拒海水聚酯工业丝产品已广泛应用于船舶、海洋钻井、深海风电系泊缆 绳等，该产品已通过ABS测试认证。 资金分析 今日主力净流入1106.02万，占比0.05%，行业排名6/27，该股当前无连续增减仓现象，主力趋势不明 显；所属行业主力净流入4647.45万，当前无连续增减仓现象，主力趋势不明显。 区间今日近3日近5日近10日近20日主力净流入1106.02万-3173.25万-7683.98万-4713.76万-9750.06万 主力持仓 主力轻度控盘，筹码分布较为分散，主力成交额9896.01万，占总成交额的10.9%。 技术面：筹码平均交易成本为5.89元 3、2024年年报，公司以前瞻性视角布局光伏新能源行业，基于涂层材料技术平台，成功研发出光伏反 射膜材料， 目前光伏反射膜材料已完成第 III 代技术 ...

Core Viewpoint - The company, Zhejiang Hailide New Materials Co., Ltd., is experiencing growth in its business segments, particularly in PEEK materials, marine equipment, and photovoltaic concepts, benefiting from the depreciation of the RMB and a strategic focus on international markets [2][6]. Group 1: Company Overview - Zhejiang Hailide New Materials Co., Ltd. was established on May 21, 2001, and listed on January 23, 2008, with its main business involving the research, development, production, and sales of polyester industrial filament, advertising materials, and PVC films [6]. - The company's revenue composition includes polyester industrial filament (46.68%), tire cord fabric (22.04%), advertising materials (10.18%), and other segments [6]. - As of August 8, 2025, the number of shareholders is 38,000, with an average of 24,109 circulating shares per person [6]. Group 2: Financial Performance - For the first quarter of 2025, the company achieved a revenue of 1.453 billion yuan, representing a year-on-year growth of 5.23%, and a net profit attributable to shareholders of 140 million yuan, up 86.95% year-on-year [6]. - Cumulative cash dividends since the company's A-share listing amount to 2.608 billion yuan, with 553 million yuan distributed over the past three years [7]. Group 3: Market Activity - On August 19, the company's stock rose by 0.46%, with a trading volume of 321 million yuan and a turnover rate of 5.43%, leading to a total market capitalization of 7.578 billion yuan [1]. - The stock's average trading cost is 5.79 yuan, with a current price near a resistance level of 6.69 yuan, indicating potential for upward movement if this level is surpassed [5]. Group 4: Strategic Initiatives - The company is in the R&D phase for PEEK fibers and has successfully applied its seawater polyester industrial yarn in various marine applications, having passed ABS testing certification [2]. - In response to the rapid growth of the global photovoltaic industry, the company has strategically positioned itself in the photovoltaic reflective materials market, with its first order placed in June 2021 for a project in Oman [2].

Core Viewpoint - The company maintains a "buy" rating due to significant recovery in the price spread of polyester industrial yarn and positive performance from its Vietnam operations [1][2]. Summary by Sections Investment Highlights - The company maintains a "buy" rating, projecting EPS for 2025, 2026, and newly added 2027 to be 0.44, 0.47, and 0.52 yuan respectively [2]. - The target price has been raised to 6.59 yuan from the previous 4.61 yuan, based on a 15 times PE ratio for 2025 [2]. - The average price of polyester industrial yarn reached 8400 yuan/ton as of May 23, reflecting a month-on-month increase of 2.44% [2]. - The gross profit for polyester industrial yarn in April was 538 yuan/ton, a year-on-year increase of 185.46%, with a gross margin of 6.15%, marking the highest monthly gross profit in the past year [2]. - The company holds a significant market share and brand influence in the polyester filament industry, with a production capacity of 320,000 tons expected in 2024, benefiting from the recovery in product price spreads [2]. - The company’s polyester filament products include non-automotive yarns and automotive yarns, with the latter being recognized for their superior performance compared to domestic peers [2]. Vietnam Operations - The Vietnam subsidiary is operating at full capacity, projecting a net profit of 100 million yuan for 2024 [3]. - In Q1 2025, the sales structure of the Vietnam subsidiary improved, leading to a significant increase in profitability compared to the same period last year [3]. - The company aims to leverage the "Belt and Road" initiative to enhance its "technology + capacity + market" strategy, focusing on global expansion to mitigate external risks and capture high-end market opportunities [3]. - The construction of a high-performance tire cord fabric project with an annual capacity of 18,000 tons in Vietnam is progressing smoothly [3]. Product Development - The company is committed to developing new products based on customer needs, aiming for industry-leading innovations [3]. - The company has established production capabilities for LCP fibers, while PEEK fibers are in the sample testing phase, targeting applications in environmental materials and clean energy [3]. - The company's seawater polyester industrial yarn products are widely used in marine applications and have passed ABS testing certification [3].