Market review of this week (January 4-january 7)
The new materials index fell 5.73%, outperforming the gem index. OLED materials fell 6.72%, semiconductor materials fell 5.01%, membrane materials fell 6.88%, additives rose 0%, carbon fiber rose 0%, and tail gas treatment fell 3.31%. The top five increases were Sobute New Materials Co.Ltd(603916) , Baoding Lucky Innovative Materials Co.Ltd(300446) , Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) , Weifu High-Technology Group Co.Ltd(000581) , Konfoong Materials International Co.Ltd(300666) ; The top five declines were Haohua Chemical Science & Technology Corp.Ltd(600378) , Shanghai Hiuv New Materials Co.Ltd(688680) , Hangzhou First Applied Material Co.Ltd(603806) , Red Avenue New Materials Group Co.Ltd(603650) , Anhui Jinhe Industrial Co.Ltd(002597) .
Observation of open source new chemical materials week: automotive polyurethane market is broad, and Chinese enterprises are ready to go
Polyurethane (PU) is a new organic polymer material. Because of its excellent performance, polyurethane is widely used in many fields of the national economy, including automobile, construction, home, metallurgy, energy, electronic power, sports, clothing, printing and so on. In recent years, the application field of polyurethane is still expanding, in addition to traditional fields, With its superior properties, polyurethane also has broad development prospects in emerging fields such as high-speed railway, urban railway and new energy. For example, BASF's polyurethane products have been widely used in automobile instrument panel, roof lining, suspension components, cable sheath, headrest, steering wheel, shift handle, seat, bumper, door cover, etc. After more than 50 years of development, China's polyurethane industry has become the world's largest polyurethane producer and one of the world's largest polyurethane markets. However, the overall technical level of China's polyurethane industry is still low. The industry competition is mainly concentrated in the medium and low-end markets with low quality requirements, and the production capacity of high-end products is insufficient. For example, in 2018, the output of polyurethane materials for vehicles in China was only 500000 tons; The amount of polyurethane used in ordinary cars in China is generally about 20kg, and that of high-end cars in China or foreign models is mostly about 30kg. Nowadays, affected by the trend of automobile lightweight, national environmental protection requirements and higher safety requirements, polyurethane has broad application prospects and domestic substitution space in the fields of automobile structural parts, automobile low VOC interior trim, sunroof glass edging, sealing and flame retardant of power battery. Haohua Chemical Science & Technology Corp.Ltd(600378) Liming Institute has been involved in this field since the early 1980s and is one of the pioneers of polyurethane industry in China. Its main products include cold curing high rebound composite, long / short glass fiber rim composite, PU-RIM composite for automotive glass edging, hard foam composite, etc. it is mainly used in the automotive industry, especially in the production of various automotive polyurethane interior parts. On December 30, 2021, Haohua Chemical Science & Technology Corp.Ltd(600378) announced that Liming Institute will be the main body to build a total capacity of 25000 tons of new polyurethane materials and polyurethane elastomers for vehicles, so as to double the capacity expansion, so as to meet the strong demand for high-end polyurethane materials in China.
Important company announcements and industry information
[ Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) ] the company, its wholly-owned subsidiaries Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) new materials (Jiangsu) Co., Ltd. and Taicang Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) New Materials Technology Co., Ltd. recently received a government subsidy of RMB 75.7188 million.
[ Haohua Chemical Science & Technology Corp.Ltd(600378) ] the company and its subsidiaries have received 168 million yuan of various government subsidies from August 17, 2021 to December 30, 2021.
Beneficiary 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. Beneficiary objects: Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) , Haohua Chemical Science & Technology Corp.Ltd(600378) , Red Avenue New Materials Group Co.Ltd(603650) , Wuxi Acryl Technology Co.Ltd(603722) , Rianlon Corporation(300596) , Sichuan Em Technology Co.Ltd(601208) , Ningbo Solartron Technology Co.Ltd(688299) , Zhejiang Jiemei Electronic And Technology Co.Ltd(002859) , Xi'An Manareco New Materials Co.Ltd(688550) , Puyang Huicheng Electronic Material Co.Ltd(300481) , etc.
Risk tip: technological breakthrough is less than expected, industry competition intensifies, raw material price fluctuation, etc.
