换肤

光智科技

i问董秘
企业号

300489

主营介绍

  • 主营业务:

    红外光学器件、高性能铝合金材料研发、生产和销售。

  • 产品类型:

    红外材料产品、红外器件、红外整机系统产品

  • 产品名称:

    锗 、 硒化锌 、 硫化锌 、 硫系玻璃 、 红外镜头 、 红外探测器 、 红外热像仪 、 红外整机系统

  • 经营范围:

    一般项目:技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广;功能玻璃和新型光学材料销售;表面功能材料销售;稀土功能材料销售;金属基复合材料和陶瓷基复合材料销售;金属材料销售;高纯元素及化合物销售;仪器仪表销售;电子元器件与机电组件设备销售;机械设备销售;机械零件、零部件销售;机械电气设备销售;模具销售;销售代理;货物进出口;技术进出口;金属材料制造;有色金属合金制造;金属加工机械制造;锻件及粉末冶金制品制造;机械零件、零部件加工;淬火加工;模具制造。(依法须经批准的项目,经相关部门批准后方可开展经营活动,具体经营项目以相关部门批准文件或许可证件为准)

运营业务数据

最新公告日期:2026-03-24 
业务名称 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
产量:红外光学材料(KG) 11.11万 - - - -
产量:铝合金材料(KG) 591.90万 461.52万 462.83万 - -
产量:铝合金零件(件) 46.23万 45.68万 24.18万 - -
销量:红外光学材料(KG) 11.09万 - - - -
销量:铝合金材料(KG) 596.47万 473.35万 468.96万 - -
销量:铝合金零件(件) 40.88万 50.09万 23.45万 - -
红外光学销售收入(元) 18.51亿 - - - -
红外光学销售收入同比增长率(%) 44.31 - - - -
红外光学业务销售收入(元) - 12.83亿 - - -
红外光学业务销售收入同比增长率(%) - 54.74 - - -
产量:红外光学及激光材料(KG) - 9.85万 10.18万 - -
销量:红外光学及激光材料(KG) - 9.93万 10.10万 - -
红外光学及激光材料产量(KG) - - - 9.53万 6.62万
红外光学及激光材料销量(KG) - - - 9.24万 6.23万
铝合金材料产量(KG) - - - 598.84万 504.26万
铝合金材料销量(KG) - - - 580.62万 540.53万
铝合金零件产量(件) - - - 40.73万 19.84万
铝合金零件销量(件) - - - 38.43万 23.16万

主营构成分析

报告期
报告期

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营业收入 X

单位(%) 单位(万元)
业务名称 营业收入(元) 收入比例 营业成本(元) 成本比例 主营利润(元) 利润比例 毛利率
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注:通常在中报、年报时披露 

主要客户及供应商

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前5大客户:共销售了7.58亿元,占营业收入的36.43%
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客户名称 销售额(元) 占比
第一名
2.00亿 9.63%
第二名
1.82亿 8.77%
第三名
1.74亿 8.34%
第四名
1.05亿 5.05%
第五名
9649.35万 4.64%
前5大供应商:共采购了7.05亿元,占总采购额的36.50%
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供应商名称 采购额(元) 占比
第一名
5.46亿 28.23%
第二名
8689.03万 4.50%
第三名
3277.82万 1.70%
第四名
2068.08万 1.07%
第五名
1933.63万 1.00%
前5大客户:共销售了5.18亿元,占营业收入的35.57%
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客户名称 销售额(元) 占比
第一名
1.96亿 13.45%
第二名
1.60亿 11.02%
第三名
7246.21万 4.98%
第四名
4640.50万 3.19%
第五名
4264.02万 2.93%
前5大供应商:共采购了6.07亿元,占总采购额的33.41%
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供应商名称 采购额(元) 占比
第一名
2.91亿 16.03%
第二名
9570.20万 5.27%
第三名
8562.55万 4.71%
第四名
7075.97万 3.89%
第五名
6385.14万 3.51%
前5大客户:共销售了2.54亿元,占营业收入的25.09%
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客户名称 销售额(元) 占比
第一名
6278.00万 6.21%
第二名
5380.53万 5.32%
第三名
5277.07万 5.22%
第四名
4293.52万 4.25%
第五名
4134.20万 4.09%
前5大供应商:共采购了3.34亿元,占总采购额的41.54%
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供应商名称 采购额(元) 占比
第一名
8625.02万 10.73%
第二名
7691.69万 9.56%
第三名
7351.59万 9.14%
第四名
4886.35万 6.08%
第五名
4848.32万 6.03%
前5大客户:共销售了1.98亿元,占营业收入的21.22%
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客户名称 销售额(元) 占比
第一名
6637.75万 7.09%
第二名
4171.88万 4.46%
第三名
3719.57万 3.98%
第四名
2833.64万 3.03%
第五名
2484.66万 2.66%
前5大供应商:共采购了3.67亿元,占总采购额的28.48%
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供应商名称 采购额(元) 占比
第一名
9552.49万 7.41%
第二名
8688.89万 6.74%
第三名
8373.45万 6.49%
第四名
5478.08万 4.25%
第五名
4633.41万 3.59%
前5大客户:共销售了1.52亿元,占营业收入的20.99%
  • 客户一
  • 客户二
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  • 客户五
  • 其他
客户名称 销售额(元) 占比
客户一
4162.23万 5.75%
客户二
3720.38万 5.14%
客户三
2680.85万 3.70%
客户四
2324.81万 3.21%
客户五
2306.10万 3.19%
前5大供应商:共采购了5.30亿元,占总采购额的62.85%
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  • 其他
供应商名称 采购额(元) 占比
供应商一
1.69亿 20.05%
供应商二
1.58亿 18.74%
供应商三
7882.15万 9.35%
供应商四
6605.17万 7.84%
供应商五
5789.75万 6.87%

董事会经营评述

  一、报告期内公司从事的主要业务  (一)产品及用途  1.红外光学业务  公司是领先的红外全产业链研发生产企业,主要产品包括锗、硒化锌、硫化锌、硫系玻璃等红外材料产品;红外镜头、红外探测器、红外热像仪等红外器件及红外整机系统产品。  2.高性能铝合金材料  公司高性能铝合金产品包括多种铝合金锻件、挤压件以及精密机加工件,广泛应用于航空航天、电子信息、交通运输等下游领域。  (二)主要经营模式  1.采购模式  公司采用“以销定产,以产定购”方式,即根据客户订单、原材料价格、经济订货量、生产计划以及库存情况等由公司采购人员制定采购计划,并集中批量采购。公司根据采购物料种类、金属含量等因素确定... 查看全部▼

  一、报告期内公司从事的主要业务
  (一)产品及用途
  1.红外光学业务
  公司是领先的红外全产业链研发生产企业,主要产品包括锗、硒化锌、硫化锌、硫系玻璃等红外材料产品;红外镜头、红外探测器、红外热像仪等红外器件及红外整机系统产品。
  2.高性能铝合金材料
  公司高性能铝合金产品包括多种铝合金锻件、挤压件以及精密机加工件,广泛应用于航空航天、电子信息、交通运输等下游领域。
  (二)主要经营模式
  1.采购模式
  公司采用“以销定产,以产定购”方式,即根据客户订单、原材料价格、经济订货量、生产计划以及库存情况等由公司采购人员制定采购计划,并集中批量采购。公司根据采购物料种类、金属含量等因素确定采购价格后,购销双方签订采购合同。
  2.生产模式
  公司的生产模式主要为自主生产模式。
  公司采取“以销定产”的生产模式。根据行业特性以及主要客户群体较为稳定的特点,公司根据销售计划、客户订单、采购惯例以及生产排期、市场预测,结合公司产能和库存的实际情况,制定生产计划,对产品进行生产调度、管理和控制。
  3.销售模式
  公司产品主要采取直销模式,由公司销售部门负责跟踪现有客户的产品需求。
  由于红外光学业务产品下游客户分布广泛,客户需求多样化,技术含量高,销售一般具有面对直接客户、技术营销等特点,目前公司主要通过展会等多种方式来进行产品推广。同时,对于有潜在需求的大型客户,公司也会组织专业团队拜访洽谈,寻找合作机会。
  铝加工业务中的核能领域客户,公司获取客户和订单的方式为:一是客户每年根据总需求量按比例向公司指派订单;二是老客户重复订货;三是通过走访客户获取订单。铝加工业务中的非核领域客户,公司一般通过市场调研获得用户需求信息,再与客户进行技术交流,达成订货意向后,由公司组织合同评审,评审通过后与客户签订销售合同。
  4.研发模式
  产品研发分为自主研发和合作研发,并以自主研发为主。产品采取项目经理负责制,根据产品布局和市场情况,组建跨部门协作团队实施产品开发。此外,公司还与高校等产学研机构以及具备专业技术的市场化机构进行合作开发,充分利用相互的资源,开发满足需求的方案或产品。
  (三)主要的业绩驱动因素
  2025年,公司精准锚定发展方向,在战略布局、产品研发、市场拓展等多维度积极作为,产品供应能力全面升级,各类产品市场表现优秀,共同推进营业收入实现稳健增长。
  公司始终将全产业链布局作为核心发展路径,持续深耕红外光学材料、红外镜头、探测器、红外整机及系统等全链条产品的供应体系建设。伴随红外行业多种应用场景爆发,红外材料端收入规模大幅提升;中下游红外探测器、整机系统等终端产品供应能力提升,出货量明显提升,带动收入增加。同时,报告期内高性能铝合金材料业务形成“高端引领、民品托底”的多元化业务格局,实现营业收入规模稳步提升。
  二、报告期内公司所处行业情况
  (一)公司所属行业
  公司是从事红外光学器件、高性能铝合金材料研发、生产和销售的高新技术企业,公司产品广泛应用于安防视频监控、车载物联网、工业检测、航空航天、电子信息、交通运输、核燃料加工设备制造等领域。
  根据国家统计局《国民经济行业分类》(GB/T4754-2017),公司红外光学属于计算机、通信和其他电子设备制造业(C39)中光电子器件制造(C3976),高性能铝合金材料属于有色金属冶炼和压延加工业(C32)中铝压延加工(C3252)。
  (二)所属行业基本情况
  1.红外光学行业发展概况
  当前,红外光学行业正处于军民融合深化、技术迭代加速、民用场景爆发的关键阶段。2025年国内市场规模快速扩张,核心技术国产化突破显著,行业竞争格局呈现“头部集中、技术分层、军民双线并行”特征。随着非制冷红外探测器成本的持续下降和技术成熟度的提升,红外技术正从传统的国防军工、高端工业检测领域,快速向消费电子、汽车辅助驾驶、智能家居及电力巡检等大众民用市场渗透。
  中国红外热成像行业已形成完整产业链,上游锗、硫化锌等红外光学材料和中游红外探测器、机芯模组等国产化进程持续加快,形成了从材料、器件、机芯到整机系统的完整自主可控产业链,降低了下游应用产品成本。
  根据Yole Group发布的《红外热成像与传感技术及市场-2025版》报告,2024年全球热成像与传感市场产值突破70亿美元,预计2030年将达到93亿美元,期间年复合增长率为3.2%。2024年,中国红外热成像传感器出货量占据全球市场的60%份额;预计2030年,全球红外热成像传感器市场将达到12.31亿美元。受国际局势变动、新型无人机采购需求等因素驱动,国防航空领域预计成为增长最快的细分市场,规模预计在2030年增长到38亿美元,年复合增长率5.5%。工业消费市场欧洲与北美增速放缓,而中国依靠本土厂商产能扩张,仍具备强大的发展潜力。
  2.高性能铝合金材料行业发展概况
  高性能铝合金因其轻质、高强、耐腐蚀等特性,在航空航天、汽车制造等领域得到了广泛应用。在航天发动机中,铝合金用于制造发动机壳体、喷管、燃烧室等部件,这些部件需要在高温、高压和高应力的条件下工作,因此对材料的耐高温和耐腐蚀性能有很高的要求,轻质、高强、耐损伤等特点对于减轻航天器质量、提高结构强度和确保航天器在极端环境下的可靠性至关重要。在汽车制造领域,高性能铝合金应用主要集中在实现汽车轻量化、提高燃油效率和性能、降低排放以及提升车辆的安全性和操控性,广泛应用于车身结构件、发动机部件、车轮等。
  2017年1月,发改委会同科技部、工信部等有关部门编制了《战略性新兴产业重点产品和服务指导目录(2016版)》,将“高性能铝及铝合金线、棒、带、管、板、异型材等产品,电容器铝箔,亲水,特薄铝及铝合金箔材,半凝固态铸造加工的铝和铝合金材,高强度铝合金锻件”列为鼓励发展产品。
  当前铝工业以轻质、高强、大规格、耐高温、耐腐蚀为产品发展方向,发展高性能铝合金及其深加工产品和工艺,加快开展高强度铝合金品种开发,满足航空及国防科技工业对高性能铝合金材料的要求;此外,随着新能源汽车、绿色建筑、交通运输业、电子电力业和机械制造业对高附加值铝材需求的不断增加,高性能铝合金材料在我国工业应用领域将不断拓宽。预计未来,我国高性能铝合金产品的总消费量将逐年上升,其市场前景将更加广阔。
  
  三、核心竞争力分析
  1.红外光学业务
  公司目前在红外光学领域已拥有晶体生长技术、硒化锌生产技术、镀膜技术、光机电学设计优化和分析技术、探测器生产技术、规模化生产精密模压镜片技术等一系列先进技术成果。公司是国内最大的红外材料供应商、国内首家自主研制超高纯锗单晶材料并掌握其规模化制备技术的企业、全球少数可以生产和批量供应硒化锌材料的企业,打开国内红外光学材料生产市场,解决国内核心关键材料的“卡脖子”问题。报告期内,公司荣获国家级企业技术中心荣誉称号。公司及子公司安徽光智系国家高新技术企业,安徽光智拥有安徽省企业技术中心,被认定为安徽省“专精特新”中小企业以及国家级专精特新“小巨人”,2025年被评为安徽省优秀创新型企业。
  2.高性能铝合金材料
  在国家大力推进能源结构转型、国防现代化建设及新能源汽车产业升级的战略背景下,公司凭借核电、新能源汽车、航空航天材料三大核心业务的协同发展与突破性表现,已构建起差异化的竞争优势,具备显著的成长潜力与战略价值。综合来看,公司以核电、新能源汽车、航空航天材料三大战略赛道为核心,形成了“能源装备+国防材料+新能源部件”的多元化布局,精准契合国家能源安全、国防现代化等核心战略。在竞争优势上,公司既拥有核电业务的规模化与高增速优势,又具备航空航天材料的技术突破能力,同时在新能源汽车材料领域紧扣行业趋势,三大业务协同互补,有效分散了单一行业波动风险,构建起全方位的竞争壁垒。未来,随着核电产能持续投放、航空航天材料需求释放、新能源汽车轻量化深化,公司有望进一步提升各业务板块的市场地位,成长为高端装备材料与零部件领域的核心供给企业,为国家战略产业发展提供核心支撑。
  
  四、主营业务分析
  1、概述
  2025年,公司积极响应国家对于高端精密电子设备以及装备产业升级的战略号召,集中力量推进高端红外光学业务与高性能铝合金材料等核心产品的创新研发、生产制造、市场推广及全方位服务,力求更精准地契合市场并满足客户多样化的需求。
  报告期内,公司实现营业收入207,952.04万元,同比增长42.96%;归属于上市公司股东的净利润为-3,319.97万元。报告期内,公司红外业务持续发展,营业收入稳中有升,但公司管理费用、研发费用增长及因注册地址变更导致政府补助返还等事项,对净利润造成一定影响。
  当前,红外光学行业正处于军民融合持续深化、核心技术迭代加速、民用应用场景快速爆发的关键发展阶段。受益于国防航空、新能源汽车、工业自动化、消费电子等下游领域需求持续释放,红外技术的应用场景不断拓宽,行业市场空间持续扩大。公司将依托红外行业发展红利,把握行业发展机遇,提升核心产品市场占有率,积极拓展下游新兴应用场景。同时,公司将持续推进产品升级迭代,巩固核心技术与产品优势,加强销售运营体系建设,不断提升产品销量与市场认可度,全力推动公司业绩稳步改善与持续增长。
  (1)红外光学业务
  作为全球少数打通红外全产业链的平台型企业,2025年公司坚持一体化光电产业链发展战略,在深度依托红外材料领域强大的技术优势和研发能力,提升行业竞争力和市场话语权的同时,将红外镜头、机芯模组、红外整机及系统等后端产品全面推向应用市场,终端产品体系多元拓展,收入稳步上升。
  红外行业蓬勃发展,锗材料产品依托其在红外光学系统中的核心地位,收入规模大幅提升。红外镜头、探测器、机芯模组及整机等终端产品供应能力升级,出货量较去年同期实现显著提升,需求量扩大,在手订单充足,巩固了红外器件在产业链中的重要发展作用,展现出强劲的增长动能与广阔的市场前景。报告期内,公司红外光学业务销售收入185,104.96万元,比上年同期增长44.31%。
  ①红外材料业务方面,公司在红外材料领域位居国内前列,是目前国内领先的红外材料供应商,也是国内锗材料领导者。随着红外行业国产化替代进程加速、多应用场景爆发,下游需求持续释放,锗、硒化锌、硫化锌等红外材料市场需求稳步攀升。报告期内,公司依托自身技术优势与市场布局,锗、硒化锌等红外材料产品凭借稳定的产品质量与良好的市场认可度,销售规模持续上升,有效带动公司营业收入增长,成为公司业绩的重要支撑。
  公司也是全球少数规模化量产硒化锌的企业,目前已自主研发出用于硒化锌/硫化锌生产的大型化学气相沉积系统、硫化锌的热等静压工艺,以及高纯度、高均匀性、高品质硫系玻璃;自主开发了抛光、单点车工艺、精密模压技术、高效红外增透膜、DLC膜、HD膜、分光膜等镀膜工艺,有效提高红外镜头的光学性能。报告期内,在首批“安徽工程师奖”评选中,安徽光智“超厚大尺寸高均匀性CVD硒化锌工程技术创新团队”凭借精湛技术和强悍实力,成功获评“安徽卓越工程师团队”称号。目前,公司可生产的超厚大尺寸高均匀性CVD硒化锌,产品性能已达到国际先进水平。②红外机芯模组及探测器业务方面,公司已建设8英寸硅基MEMS非制冷红外探测器芯片生产线,突破了红外热成像核“芯”技术,并掌握了MEMS芯片设计和制造工艺技术及金属、陶瓷和晶圆级封装技术。非制冷探测器已经实现最高百万像素级别,技术处于国内领先水平。2025年5月,公司自主研发的非制冷晶圆级封装探测器顺利通过第三方权威机构的严苛检测,获得AEC-Q100权威认证,充分展现公司在红外核心器件领域的技术实力和产品质量。制冷探测器方面,公司已建设2-6英寸各种制冷型红外探测器芯片生产线,材料芯片种类包括碲镉汞(MCT)、锑化铟(Insb)与二类超晶格(T2SL),光谱范围覆盖短波、中波和长波,支持320×256、640×512和1280×1024多种分辨率,搭配自主研发生产的制冷机和杜瓦,形成了从制冷红外材料、芯片、封装到器件完整的制冷探测器产业链。
  2025年,公司聚焦国家信息技术应用创新战略需求,推出多款制冷及非制冷产品。在制冷红外探测器与机芯领域,公司成功自主研发制冷红外机芯,配备高性能信号处理电路,搭配多种镜头,可应用于多种场景。已形成了从材料制备、芯片工艺、制冷封装、机芯模组的制冷红外全流程产业链。产品提供丰富且标准化的接口协议,极大地提升了产品与不同系统、设备的兼容性。高度模块化的架构赋予产品强大的可扩展性,用户可根据实际业务需求轻松实现系统集成与二次开发。公司研发的气体检测机芯和HOT小型化制冷机芯,搭配自研图像处理算法,可集成到地面或空中载具以及手持机中,可适配多种镜头,广泛用于无人机系统、安防监控、森林防火、气体检测等多场景。公司在非制冷领域同样取得了扎实的研发成果,其中,非制冷1280x1024阵列探测器高分辨率捕捉细腻图像,非制冷技术降低成本功耗。UCC3系列机芯、Fireye系列机芯探测器灵敏度高,成像清晰;多种标准接口;多镜头选配,广泛适用于安防监控、工业检测等多领域。2025年10月,公司UCC3非制冷红外机芯凭借出色的图像性能、高集成设计与全国产化能力,荣获安博会最高荣誉—“金鼎奖”。
  ③红外整机业务方面,公司进一步聚焦红外系统集成应用领域产业化,针对不同行业应用开发了多款户外手持热像仪、工业测温热像仪、安防监控热像仪、气体检测仪、车载夜视系统、红外全景雷达等下游终端新品。其中专为户外观测设计的SMART系列单目手持热像仪产品全链自主可控,设计小巧轻量化,荣获2025年德国iF产品设计奖。同时专为气体检测而生的气体检测热像仪,360°监测成像的红外全景雷达、多场景应用的测温T型云台等新品,打开公司业务增长新空间。全系新品搭载高灵敏度探测器,环境适应性强,可精准匹配不同客户的定制化需求,既充分满足市场多样化应用诉求,更有效助力公司进一步拓展市场份额。目前,公司红外整机产品已广泛落地户外观测、工业园区安防、工业测温、气体探测、森林防火预警、机场空防保障等核心场景。
  (2)高性能铝合金业务
  核燃料加工专用设备用高性能铝合金材料具有高强、高韧、耐腐蚀强等特性,其生产工艺复杂、技术水准很高,一般铝合金加工企业很难生产。公司从2008年至今,一直被遴选为该领域内的主要供应商之一。公司积极拓展新领域、新客户,丰富产品矩阵,提升民用行业高端铝合金材料的导入水平。
  报告期内,铝合金业务的经营方向主要是以生产高性能铝合金材料为核心,推动核电、新能源汽车、航空航天三大高端板块放量增长,同时稳固普通民品市场份额,形成“高端引领、民品托底”的多元化业务格局,实现营收结构优化与规模稳步提升。
  2025年作为“十四五”规划收官之年,国内核电行业迎来产能密集投放周期,在建及核准待建机组规模庞大,核电机组发电量同比增长超11%,全年新增核电机组带动核电用铝合金材料需求同比增长12%以上,行业整体保持稳健增长态势。在此背景下,公司核电业务实现高速增长,核电产品销售收入同比提升20%以上,增速显著高于行业平均水平。2025年,国内航空航天装备升级及新型装备列装进程加快,航空航天、舰船等领域对高性能、轻量化铝合金材料的需求保持高速增长,公司凭借自主研发能力,切入航空航天材料赛道,打破传统工艺壁垒,以技术优势构建起竞争的护城河,成功研发生产两种新型航空航天用铝合金材料,实现了关键技术的突破性进展,目前已经实现了批量供货,后续公司将持续深化与航空航天领域的协同研发,参与新型装备材料定型,锁定长期订单,强化航空航天的成长性;在新能源汽车领域,公司生产的新能源汽车用的动静盘、阀体、空簧管等材料,精准布局行业轻量化与核心部件升级需求,在快速增长的市场中占据有利位置。普通民品业务作为公司营收基本盘,保持稳健增长态势;未来,公司将持续加大研发投入,聚焦高端铝合金材料迭代升级,深化高端领域客户合作,同时推动民品业务高端化、绿色化转型,构建更具韧性的多元化业务格局。
  
  五、公司未来发展的展望
  (一)公司未来发展战略
  公司专注红外光学材料及器件和高性能铝合金材料双主业。公司具备“材料生长、芯片设计、器件制备到系统集成”的全产业链规模化生产能力。通过持续不断的研发投入和技术创新,公司突破红外光学研发技术壁垒,加速研发成果转化,努力成为国内领先的红外全产业链解决方案提供商。
  (二)2026年度经营计划
  1.深化产业链优势,释放协同效能
  2026年,公司将充分发挥已建成的“材料生长-芯片设计-器件制备-系统集成”全产业链核心竞争优势,实现技术闭环,迭代加速。下游应用端的市场需求与技术痛点可快速反馈至上游材料与芯片模组等研发端,加速产品迭代升级,确保持续推出符合市场前沿需求的高性能红外产品,巩固公司在红外产业链中的市场地位。
  2.深化品牌建设,加强市场影响力
  2025年红外后端应用产品供应能力显著提升,销售量稳步增长。2026年公司将继续深挖市场潜力,增强品牌知名度。重点参加中国国际光电博览会(CIOE)等国内外行业知名展会,集中展示公司在国产替代领域的最新突破与综合红外解决方案,直接触达核心客户。同时积极申报各类奖项,着力打造一批具有行业示范效应的标杆项目,全面提升品牌知名度与公信力。
  3.严守合规底线,践行可持续发展
  公司将继续严格遵循上市公司信息披露规则,完善内部控制体系,确保经营数据真实准确。积极响应国家“双碳”战略,推行绿色制造,降低生产能耗,致力于成为一家技术自主、品牌卓越、安全可靠的红外全产业链领军企业。
  (三)公司面临的风险和应对措施
  1.宏观经济与行业政策变化风险
  公司所处行业发展与国内外宏观经济环境及稀有金属进出口的行业政策紧密相关。当前形势下,国内、国际宏观经济复杂多变,经济运行中仍面临一定风险和挑战,如国内外宏观经济出现重大不利变化,则可能对公司盈利能力产生不利的影响。
  2024年12月3日,商务部发布了《关于加强相关两用物项对美国出口管制的公告》(商务部公告2024年第46号),一、禁止两用物项对美国军事用户或军事用途出口;二、原则上不予许可镓、锗、锑、超硬材料相关两用物项对美国出口;对石墨两用物项对美国出口,实施更严格的最终用户和最终用途审查。任何国家和地区的组织和个人,违反上述规定,将原产于中华人民共和国的相关两用物项转移或提供给美国的组织和个人,将依法追究法律责任。
  公司子公司安徽光智主要从事红外光学业务,管制公告显示公司的二氧化锗、四氯化锗、区熔锗锭等产品属于本次被实施出口管制物,出口的管制政策可能会对公司境外业务造成一定影响,进而会影响公司的盈利能力。
  应对措施:公司将时刻关注经济发展及政策最新动态,及时对公司经营做出调整规划,扎实做好主业,抵御宏观经济下滑可能带来的风险。
  2.汇率波动风险
  公司对境外客户主要采用美元、欧元和日元等外币结算。公司通过对外汇走势的判断选择结算外币、提前结汇、有条件时采取人民币结算等方式规避汇率风险,但未来如果公司规避汇率风险的手段不足以覆盖外汇风险敞口,公司的经营业绩可能会受到汇率变动的影响。
  应对措施:为规避汇率波动的风险,公司要加强国际贸易和汇率政策的研究,合理制定贸易条款和结算方式,最大限度地规避国际结算汇率风险。
  3.原材料价格波动风险
  公司主要原材料包括二氧化锗、粗锗和锗精矿等含锗物料、区熔锗锭、铝锭等,直接材料采购成本占主营业务成本比例较高,原材料价格变动对公司经营业绩影响较大。虽然公司在产品定价时,能够向下游客户传递部分原材料价格上涨的影响,但相关传导机制存在时滞性和不充分性,如果未来上述原材料采购价格持续大幅波动,将对公司未来盈利能力产生不利影响。
  应对措施:公司通过分析原材料相关行情信息,对市场变化进行预判,进一步加强与优质供应商的战略合作,进行策略性采购。同时,做好生产经营规划管理,不断完善供应商管理体系,降低原材料价格波动带来的风险。
  4.市场竞争风险
  公司作为国内领先的红外光学材料、高性能铝合金材料研发、生产和销售的高新技术企业,公司的核心技术与同行业相比,在晶体生长、硒化锌生产方面具有技术优势。公司为全球少数可以生产和批量供应硒化锌材料的企业,解决国内核心关键材料的“卡脖子”问题。虽然相关行业具有较高进入壁垒,新进入者须具备一定的技术水平、资金规模、专业技术人才才能立足,但不排除其他具有类似生产经验的企业进入本行业;此外,现有竞争对手也可能通过加大投资力度,不断渗透到公司优势领域。如果公司不能持续提升技术水平,则可能在市场竞争中处于不利地位,对业务发展产生一定不利影响。
  应对措施:公司将持续提升产品品质及技术水平,增强创新能力,不断开拓市场,凭借产品开发、品牌建设、经营管理,进一步提升公司的核心竞争力,提高服务能力,赢取市场。 收起▲

产品价格

数据截至(20260331)
[""]
20260331,47.94,7142.33,0.083507306889351,0,20260331
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