于2025年12月8日至2025年12月19日期间，航科新世纪于公开市场上经一连串交易合共出售149万股瑞华 泰股份(相当于本公告日期瑞华泰已发行股份总额约0.83%)。总代价约为人民币2878.4万元，相当于每股 瑞华泰股份平均价格约为人民币19.32元。 于出售事项二后，航科新世纪合共持有40,593,059股瑞华泰股份，相当于本公告日期瑞华泰已发行股份 总额约22.55%。 智通财经APP讯，航天控股(00031)公布，于2025年4月17日至2026年1月27日期间，公司直接全资附属公 司航科新世纪于公开市场上经一连串交易出售本金总额为人民币5899.4万元的瑞华泰可转换债券，总代 价约为人民币7083.9万元。于出售事项一后，航科新世纪持有的余下瑞华泰可转换债券的本金金额为人 民币4150万元。 ...

南财智讯1月27日电，航天控股（00031.HK）发布须予披露交易公告，公司全资附属公司航科新世纪于 2025年4月17日至2026年1月27日期间，通过公开市场出售本金总额为人民币5899.4万元的瑞华泰可转换 债券，总代价约人民币7083.9万元（约合港币7936.7万元）；并于2025年12月8日至12月19日期间，出售 149万股瑞华泰股份（股票代码：688323），总代价约人民币2878.4万元（约合港币3224.9万元）。上述 两项出售事项合并计算，总代价约人民币9962.3万元（约合港币1.12亿元），构成须予披露交易。交易 所得款项净额约港币1.12亿元拟用作公司一般营运资金及业务发展。 ...

Group 1 - The plastic sector experienced a slight increase of 0.16% on January 27, with Stik leading the gains [1] - The Shanghai Composite Index closed at 4139.9, up by 0.18%, while the Shenzhen Component Index closed at 14329.91, up by 0.09% [1] - Stik's stock price rose by 20.00% to 50.04, with a trading volume of 458,000 shares and a transaction value of 2.15 billion [1] Group 2 - The plastic sector saw a net outflow of 1.263 billion from major funds, while retail investors contributed a net inflow of 1.333 billion [2] - The top gainers included Kent Shares, which rose by 7.60% to 54.36, and Su Lai New Materials, which increased by 4.69% to 44.66 [1][2] - The top losers included Ruihua Tai, which fell by 4.73% to 29.62, and Foshan Plastic Technology, which decreased by 4.51% to 12.07 [2]

Economic Information - Tencent's chairman Ma Huateng expressed concerns about the "Doubao" phone, stating that using a plug-in to record screens from phones and computers to the cloud is "extremely unsafe and irresponsible" [2] - The price of lithium carbonate futures opened high but fell by 6.65% to 165,680 yuan/ton, with a reduction in open interest by 22,000 contracts to 416,700 contracts, indicating market divergence and reduced purchasing enthusiasm from downstream buyers [2] - Global production of lithium iron phosphate is expected to reach 70,000 tons by 2026, up from 28,500 tons last year, driven by applications in electric vehicles and digital consumption [3] Company Warnings - Dongfang Risen anticipates a net loss of 2.3 billion to 2.9 billion yuan in 2025, with no direct supply of photovoltaic products to commercial aerospace satellite companies [3] - 20CM's revenue from the aerospace sector is expected to account for less than 1% in 2025 [3] - Multiple companies, including Kai Pu Testing and Shengda Bio, are planning to reduce their shareholdings by up to 3% [3][4] Overseas Market Highlights - Gold and silver prices experienced significant corrections after reaching historical highs, with silver peaking at $117/oz before dropping to approximately $103.7/oz, and gold reaching $5,110/oz before falling back to around $5,010/oz [5] - The Nasdaq Golden Dragon China Index fell by 0.62%, with notable declines in stocks such as Baidu and Xpeng Motors [6] - U.S. natural gas prices surged due to severe cold weather, with futures exceeding $7/million BTU before retreating to about $6.5/million BTU [6] Industry Forecasts - The global laptop shipment is projected to decrease by 14.8% in the first quarter of 2026 due to rising prices of CPUs and memory chips, along with increased costs of components like PCBs and batteries [7]

Group 1: Industry Overview - The space photovoltaic industry is experiencing significant growth driven by the demand for gallium arsenide batteries and other advanced solar technologies, particularly in high-altitude satellites and deep space exploration [1][2][3] - Musk's 100GW solar power capacity plan is expected to boost the demand for space photovoltaic products, benefiting various companies in the supply chain [1][2][3] Group 2: Key Companies and Their Developments - Qianzhao Optoelectronics (300102) is a leading player in gallium arsenide space batteries with over 60% market share in China, achieving a production efficiency of 35% and an experimental efficiency exceeding 42% [1][12] - Dongfang Risen (300118) has successfully delivered small batches of HJT batteries to SpaceX, with its ultra-thin P-type HJT battery meeting the lightweight requirements for satellites [1][13] - Junda Co., Ltd. (002865) is a global leader in TOPCon batteries, with laboratory conversion efficiency surpassing 33.53%, and is rumored to be a potential supplier for SpaceX's perovskite batteries [1][14] - Yunnan Zhiyuan (002428) is a core supplier of germanium wafers for gallium arsenide space batteries, benefiting from the increasing demand for germanium substrates [1][15] - Sanan Optoelectronics (600703) holds the largest gallium arsenide production capacity globally and is expected to see significant revenue growth from its space photovoltaic applications [1][16] - Maiwei Co., Ltd. (300751) is a leading supplier of HJT production equipment and is well-positioned to benefit from the surge in demand for space photovoltaic manufacturing equipment [1][17] - Saiwu Technology (603212) specializes in photovoltaic packaging materials and is developing radiation-resistant encapsulation films for space applications [1][18][19] - China Satellite (600118) is a key player in satellite platform manufacturing and is expected to benefit from the growth in space photovoltaic systems [1][20] - Aerospace Electronics (600879) provides power systems and communication equipment for satellites, with increasing demand expected due to the growth in space photovoltaic applications [1][21] - Tuojin New Energy (002218) focuses on flexible photovoltaic components suitable for space applications, with expected growth in orders as the market expands [1][22] - Trina Solar (688599) covers multiple technology routes and is positioned to benefit from the expansion of space photovoltaic systems [1][23] - Shanghai Portwan (605598) supplies flexible solar wings and is accelerating the commercialization of perovskite batteries through in-orbit testing services [1][24] - Ruihua Tai (688323) is a leader in CPI film materials, essential for flexible space photovoltaic components, and is expected to see increased demand [1][25] - Jiejia Weichuang (300724) is a leading manufacturer of photovoltaic battery production equipment, poised to benefit from the demand surge in space photovoltaic manufacturing [1][26] - Lens Technology (300433) supplies protective covers for satellite batteries, with expected growth in orders due to the increasing demand for space photovoltaic applications [1][27]

瑞华泰1月26日公告，市场近期高度关注商业航天热点概念。现阶段，公司的主营业务为高性能聚酰亚 胺薄膜的研发、生产和销售。公司在航天领域的业务多体现为项目合作研发模式，2025年该板块营业收 入约180万元，占总营业收入比例不足1%（未经审计）。 ...

格隆汇1月26日丨瑞华泰(688323.SH)公布，市场近期高度关注商业航天热点概念。现阶段，公司的主营 业务为高性能聚酰亚胺薄膜的研发、生产和销售。公司在航天领域的业务多体现为项目合作研发模式， 2025年该板块营业收入约180万元，占总营业收入比例不足1%（未经审计）。自2026年1月1日以来，公 司股票累计涨幅达38.12%，最近2个交易日累计涨幅达44.00%。公司股价短期涨幅显著高于同期科创综 指、科创50及行业涨幅，股价短期存在回落风险。 ...

Core Viewpoint - The market is currently focused on the commercial aerospace sector, with the company engaged in the research, production, and sales of high-performance polyimide films [1] Company Overview - The company's main business involves high-performance polyimide film, with a small portion of revenue coming from aerospace-related projects [1] - Revenue from the aerospace sector is projected to be approximately 1.8 million yuan in 2025, accounting for less than 1% of total revenue (unaudited) [1] Stock Performance - Since January 1, 2026, the company's stock has seen a cumulative increase of 38.12% [1] - In the last two trading days, the stock has surged by 44.00%, significantly outpacing the growth of the Sci-Tech Innovation Index, the Sci-Tech 50, and the industry average [1] - The short-term stock price increase raises concerns about potential pullback risks [1]

重要内容提示： ● 深圳瑞华泰薄膜科技股份有限公司（以下简称"公司"）股票交易连续 2 个交易日内（2026 年 1 月 23 日、2026 年 1 月 26 日）收盘价格涨幅偏离值累计 超过 30%，根据《上海证券交易所交易规则》《上海证券交易所科创板股票异常 交易实时监控细则》的有关规定，属于股票交易异常波动情形。 ● 经公司自查，并发函问询公司第一大股东，截至 2026 年 1 月 26 日，公 司及第一大股东不存在影响公司股票交易异常波动的重大事项，亦不存在其他应 披露而未披露的重大信息，包括但不限于重大资产重组、股份发行、上市公司收 购、债务重组、业务重组、资产剥离和资产注入等重大事项。公司未发现前期披 露的信息存在需要更正、补充之处。 ● 根据中证指数有限公司官方网站发布的截至 2026 年 1 月 26 日的最新数 据显示，公司所属中上协行业分类"C29 橡胶和塑料制品业"对应的指数最新滚 动市盈率为 29.68 倍、市净率 2.63 倍，公司最新市净率为 5.30 倍，公司 2024 年 度归属于上市公司股东的净利润为负，因此无市盈率倍数。公司市净率明显高于 同行业水平，已严重偏离基本面。公司 ...

格隆汇1月26日｜瑞华泰公告，市场近期高度关注商业航天热点概念。现阶段，公司的主营业务为高性 能聚酰亚胺薄膜的研发、生产和销售。公司在航天领域的业务多体现为项目合作研发模式，2025年该板 块营业收入约180万元，占总营业收入比例不足1%（未经审计）。当前公司基本面未发生重大变化，存 在市场情绪过热及非理性炒作的情形，存在短期大幅下跌的风险。公司郑重提醒广大投资者注意二级市 场交易风险，理性决策，审慎投资。 ...