Market review this week (April 4-april 8)
The new materials index fell 3.77%, weaker than the gem index. OLED materials fell 4.26%, semiconductor materials fell 3.77%, membrane materials fell 4.16%, additives fell 3.27%, carbon fiber fell 6.25% and tail gas treatment fell 3.44%. The top five gainers are Sobute New Materials Co.Ltd(603916) , Kaili Catalyst & New Materials Co.Ltd(688269) , Tangshan Sunfar Silicon Industry Co.Ltd(603938) , Zhejiang Nhu Company Ltd(002001) , Rianlon Corporation(300596) ; The top five declines were Jilin Oled Material Tech Co.Ltd(688378) , Shandong Head Co.Ltd(002810) , Shenzhen Sunnypol Optoelectronics Co.Ltd(002876) , Shanghai Hiuv New Materials Co.Ltd(688680) , Hangzhou First Applied Material Co.Ltd(603806) .
Weekly observation of new materials: functional silanes are widely used, and sulfur-containing silanes have great prospects
Functional silane rnsik (4-N) is widely used in rubber processing, adhesives, composites, metal surface treatment, building waterproof and other fields. Sulfur containing silane is the general name of a kind of functional silane with sulfur as the main functional group. It is the largest kind of functional silane at present, which is mainly used in rubber industry; It can effectively improve the binding ability between silica filler and rubber molecules, and promote rubber vulcanization. At the same time, it has the functions of coupling agent, accelerator and vulcanizing agent. It has become an important raw material for radial tire production. According to the data of markets and markets, the global market scale of functional silane will increase from US $1.33 billion in 2015 to US $1.7 billion in 2020, and the CAGR in 20152020 will be 5%; Among them, the strong demand for silane in the Asia Pacific region is the main factor driving the growth of the global silane market. According to the statistics of sagsi, in 2019, China’s functional silane production capacity was about 430000 tons / year and the output was about 279000 tons. It is already the largest functional silane producer in the world. Sagsi expects that by 2023, China’s total output of functional silane will reach nearly 390000 tons, and the global share of output will be further increased to 72.3%; In 2019, the output of sulfur-containing silane in China was 89700 tons, accounting for 32.2%, which is the largest variety of functional silane in China. Considering the gradual implementation of China’s green tire regulations and the gradual maturity of the new energy vehicle market, we calculate that China’s annual output of sulfur-containing silane is expected to reach 125600 tons in 2023. In addition, with the stable development of rail transit, composite materials, carbon fiber and building waterproof industry, the demand space of functional silane industry will be broader in the future. The supply pattern of functional silane is relatively concentrated. Chinese Jiangxi Hungpai New Material Co.Ltd(605366) , Jiangxi Chen Guang New Materials Co.Ltd(605399) and other enterprises pay attention to industrial chain integration and realize circular production. Beneficiary objects: Jiangxi Hungpai New Material Co.Ltd(605366) , Jiangxi Chen Guang New Materials Co.Ltd(605399) .
Important company announcements and industry information
[ Cathay Biotech Inc(688065) ] the company achieved a revenue of 2.197 billion yuan in 2021, with a year-on-year increase of 46.77%; The net profit attributable to the parent company was 608 million yuan, with a year-on-year increase of 32.82%. It is proposed to distribute a cash dividend of 4.5 yuan (including tax) for every 10 shares.
The company’s operating revenue increased by 12.82 billion yuan in the first quarter of the year Cecep Solar Energy Co.Ltd(000591) backplane operating income was 525 million yuan, an increase of 82.16% year-on-year.
[ Sunresin New Materials Co.Ltd Xi’An(300487) ] Based on the company’s dle technology for extracting lithium from salt lake brine, the company and PNN will establish a long-term cooperative relationship to jointly develop the battery grade lithium carbonate project located in Salta Salt Lake, Argentina.
Beneficial object
We are optimistic about the broad market of functional membrane materials under the background of industrial transfer, the breakthrough of domestic substitution of high-end electronic materials from 0 to 1, and the new opportunities of new materials in the wave of new energy. The subject of the beneficiary is the following of the subject of the subject of the subject of the beneficiary: ‘s Haohua Chemical Science & Technology Corp.Ltd(600378) Ningbo Solartron Technology Co.Ltd(688299) , Zhejiang Jiemei Electronic And Technology Co.Ltd(002859) , Xi’An Manareco New Materials Co.Ltd(688550) , Jiangxi Hungpai New Material Co.Ltd(605366) , Sunresin New Materials Co.Ltd Xi’An(300487) , Hunan Sokan New Materials Co.Ltd(688157) , etc.
Risk tip: technological breakthrough is less than expected, industry competition intensifies, raw material price fluctuations, etc.
