公 司 研 究 / 基 础 化 工 / 证 券 研 究 报 告 道恩股份（002838）动态点评 技术创新引领新材料突破，拟收购宁波 SK 有望增厚利润 2026 年 02 月 01 日 【事项】 挖掘价值 投资成长 增持（首次） 东方财富证券研究所 证券分析师：张志扬 证书编号：S1160524100006 证券分析师：马小萱 证书编号：S1160525070002 相对指数表现 -10% 26% 62% 98% 134% 170% 2025/2 2025/8 2026/1 道恩股份 沪深300 | 基本数据 | | | --- | --- | | 总市值（百万元） | 13,974.02 | | 流通市值（百万元） | 12,286.65 | | 52 周最高/最低（元） | 30.40/11.60 | | 52 周最高/最低（PE） | 95.00/36.25 | | 52 周最高/最低（PB） | 4.50/1.72 | | 52 周涨幅（%） | 151.81 | | 52 周换手率（%） | 18.96 | | 注：数据更新日期截止 2026 年 01 月 30 日 | | 道恩股份近期发布多项产 ...

证券代码：301595 证券简称：太力科技 | | ☑特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他（ 电话会议） | | | 东北证券：李强（大消费行业首席分析师） | | 参与单位名称及 | 中银资管：李倩倩（研究员）、朱文韬（研究员） | | 人员姓名 | 淳阳基金：谢伟玉（董事长） | | | 坤易资本：龚继海（基金经理） | | 时间 | 2026年1月26日 10:00-11:00、15:00-17:30 | | 地点 | 公司三楼会议室 | | 上市公司接待人员姓名 | 副总经理、董事会秘书：杨亮 | | | 证券事务代表：韩露露 | | | 一、调研参观 | | | 参观公司实验室、产品展厅、选品中心。 | | | 二、公司基本情况介绍 | | | 三、问答环节 | | | Q1：公司在新能源车领域有哪些应用场景？ | | | 答：公司多款核心材料技术凭借差异化技术优势，可应用于 | | 投资者关系活动 主要内容介绍 | 新能源车的配套环节，核心场 ...

证券日报网1月21日讯，太力科技（301595）在接受调研者提问时表示，2025年公司传统业务与新业务 协同推进，发展态势良好：传统C端业务聚焦核心品类，加强运营的精细化管控，优化平台投放资源配 置，强化投入产出的评估，将资源优先集中于差异化、成长型、高潜业务，如安护、户备、功能粘胶等 产品，引导公司总体投流费率有效降低。B端新业务则持续探索功能材料在工业客户的更多场景，例如 推动纳米流体材料在机器人厂商、公安系统的运用探索，同时以功能粘胶、TPE材料作为柔性连接产品 的核心材料，赋能更多产业客户。 ...

南财智讯1月21日电，太力科技在投资者关系活动中表示，2025年公司传统C端业务聚焦核心品类，强 化投入产出评估，优化平台资源配置，推动投流费率有效降低；B端新业务持续拓展功能材料在工业客 户中的应用场景，包括推动纳米流体材料在机器人厂商和公安系统的应用，并以功能粘胶、TPE材料作 为柔性连接产品的核心材料，赋能产业客户。 ...

Group 1: Company Overview and Strategic Focus - The company integrates new business revenue as a key performance indicator for equity incentives, emphasizing its role in strategic upgrades and technology innovation [2] - New business revenue aims to guide the core team towards strategic focus and enhance execution in the B-end market, reflecting management's commitment to business structure optimization [2] - The company aims to clearly communicate its business development plans and growth potential to investors through this incentive mechanism [2] Group 2: Advances in New Materials - The company has made significant progress in the application of new materials, including stable operations in nano-fluid materials, adhesive materials, TPE materials, and functional film materials [3] - Future efforts will focus on the commercial application of functional coating materials in areas such as anti-icing and anti-scratch, enhancing the product line and core competitiveness [3] Group 3: Supply Chain and Cost Management - The impact of upstream raw material supply on overall operations is limited, with successful self-research replacements for previously imported materials [3] - Cost optimization is achieved through technological iterations, with several core raw materials showing significant cost reduction potential [3] Group 4: Aerospace Sector Development - The company leverages its core material technology to establish a strong presence in the aerospace sector, being the exclusive supplier of vacuum packaging products for China's space missions [3] - Innovative applications of adhesive products in space station operations demonstrate the company's capability in providing reliable support for aerospace tasks [3] Group 5: Future Market Strategy - The company plans to promote collaborative development in both C-end and B-end markets, with the C-end serving as a stable foundation and the B-end targeted for growth through customized solutions [4] - The goal is to achieve structural optimization with a focus on "C-end stability and B-end breakthrough" to drive revenue growth [4]

Core Viewpoint - The company has developed material solutions for various parts in the robotics field, enhancing product performance through innovative materials [1] Group 1: Material Solutions - The company utilizes high-rigidity carbon fiber reinforced nylon, cost-effective PEEK, PC ternary alloy, TPE, TPEE, and PPS materials [1] - These materials contribute to lightweight, long endurance, and flexibility in products [1] Group 2: Product Applications - Applications include structural components, robotic arms, flexible hands, and joints [1] - The innovations aim to improve the overall performance of robotic products [1]