聚和材料(688503):国投证券股份有限公司关于常州聚和新材料股份有限公司2025年度持续督导跟踪报告

时间：2026年04月13日 18:55:38 中财网

原标题:聚和材料:国投证券股份有限公司关于常州聚和新材料股份有限公司2025年度持续督导跟踪报告

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2025?	2024?
1,459,269.58	1,248,758.19
41,968.08	41,800.97
39,024.46	40,553.04
-306,896.20	-89,548.20
2025??	2024??
500,950.36	464,442.12
1,197,836.83	797,600.70
2025??	2024??
1.82	1.77
1.82	1.76
1.69	1.72
8.70	8.86
8.09	8.59
5.39	6.74

1??? 2025???ъ?? 145.93????к???к? 16.86%????
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2025??	2024??
78,685.56	84,188.02
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78,685.56	84,188.02
5.39	6.74
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BC??? ???? ????	1.?????????? ????????N?? ?? P????2.??? ????? 0.2%+??? ???ㄟ?????3.BC ???? 8.5-9.5um?? ?????4.????? ????? 33-40%?5. ??儈??≤???亪 ?????儈????? ???デ????? CTM ≤???	1.???????? ????2.????? ??? 0.2% ?3.?? ?10um????? ??4.??????? ??? 30%?5.??っ ????	??亶?
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N??? ?儈?? ???? ???? ??о? ???? 儈っ?? ????	1.?????????? ?????┑???儈? ??????????? ??????????? ??2.???????? ??????????? ?????????っ? ??????	????????? ????????? ???	??亶?
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儈?? N+ ???? ???? ?	TOPCon??????? 1.???? 20%???? ????? 2.??? poly/poly finger???? ??????????? ???????	?? N-TOPCon ?? 儈???????? ?????????? ???л???1.?? Poly finger Eff+0.05 ? 2.???10um??? ????л? 20%? 3.PCT/???????	???? ≤?
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???? ???? ??儈? ???? ??	?????????? ??????傼??1.? ???????≤1.2 mΩ·cm2?????? J?,metal≤35 fA/cm2?2.↓ ?????≤15 μm??? ????≤710℃?3.?? ?????┑?≤110 μm	1.???????? ≤1.0mΩ?cm2?2.??? ?????? J0,metal≤20fA/cm2;3? ↓??????? ≤17μm,↓??? J0,metal≤200fA/cm2?	??亶?
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а?儈? ???? ???? ???? ?ъ?	?????????↓ ?????????傼? ???????	?? 1-2?儈???? ????????? ????????? 1.0~2.0μm????? ????????≥0.5 m2/g???≥99.99%? ?亩??????? ??学????≤??	??亶?
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?ъ?	??????????? ???????????	儈?????┑??? ??н???н??? 儈??儈?????? ?????????? ?????学??≤ ??
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