update pay ui
This commit is contained in:
@@ -1,587 +1,397 @@
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<!DOCTYPE html>
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<html lang="zh-CN">
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<html lang="zh-CN" data-theme="night">
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<head>
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<meta charset="utf-8" />
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<meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">
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<title>绒毛浆行业分析报告</title>
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<link href="https://fonts.googleapis.com/css?family=Inter:300,400,500,600,700,800" rel="stylesheet" />
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<!-- Nucleo Icons -->
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<link href="https://demos.creative-tim.com/soft-ui-design-system-pro/assets/css/nucleo-icons.css" rel="stylesheet" />
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<link href="https://demos.creative-tim.com/soft-ui-design-system-pro/assets/css/nucleo-svg.css" rel="stylesheet" />
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<!-- Font Awesome Icons -->
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<script src="https://kit.fontawesome.com/1d2b6c4f81.js" crossorigin="anonymous"></script>
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<!-- CSS Files -->
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<link href="https://demos.creative-tim.com/soft-ui-design-system-pro/assets/css/soft-design-system-pro.css?v=1.2.0" rel="stylesheet" />
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<link href="https://cdn.jsdelivr.net/npm/tailwindcss@2.2.19/dist/tailwind.min.css" rel="stylesheet">
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<link href="https://cdn.jsdelivr.net/npm/daisyui@5" rel="stylesheet" type="text/css" />
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<script src="https://cdn.jsdelivr.net/npm/@tailwindcss/browser@4"></script>
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<style>
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body {
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font-family: 'Inter', sans-serif;
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background-color: #f8fafc;
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}
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.card {
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backdrop-filter: blur(10px);
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background-color: rgba(255, 255, 255, 0.9);
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border: 1px solid rgba(255, 255, 255, 0.18);
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}
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.text-gradient {
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background: linear-gradient(310deg, #2152ff, #21d4fd);
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-webkit-background-clip: text;
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-webkit-text-fill-color: transparent;
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}
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.bg-gradient-default {
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background: linear-gradient(310deg, #2152ff, #21d4fd);
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}
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.timeline-dot {
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width: 12px;
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height: 12px;
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border-radius: 50%;
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background-color: #2152ff;
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position: absolute;
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left: -6px;
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top: 6px;
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}
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.timeline-line {
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position: absolute;
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left: 0;
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top: 18px;
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bottom: 0;
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width: 1px;
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background-color: #e2e8f0;
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}
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.highlight-box {
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background-color: rgba(33, 82, 255, 0.1);
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border-left: 4px solid #2152ff;
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padding: 1rem;
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margin: 1rem 0;
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border-radius: 0.375rem;
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}
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.risk-box {
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background-color: rgba(239, 68, 68, 0.1);
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border-left: 4px solid #ef4444;
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padding: 1rem;
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margin: 1rem 0;
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border-radius: 0.375rem;
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}
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.opportunity-box {
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background-color: rgba(34, 197, 94, 0.1);
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border-left: 4px solid #22c55e;
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padding: 1rem;
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margin: 1rem 0;
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border-radius: 0.375rem;
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}
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#vanta-bg {
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position: fixed;
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top: 0;
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left: 0;
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width: 100%;
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height: 100%;
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z-index: -1;
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}
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.table-responsive {
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overflow-x: auto;
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}
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@media (max-width: 768px) {
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.card {
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margin-bottom: 1rem;
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}
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.timeline-container {
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padding-left: 1rem;
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}
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}
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</style>
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<meta charset="UTF-8">
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<meta name="viewport" content="width=device-width, initial-scale=1.0">
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<title>绒毛浆 - 深度投研报告</title>
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<!-- Tailwind CSS & DaisyUI -->
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<link href="https://cdn.jsdelivr.net/npm/daisyui@4.11.1/dist/full.min.css" rel="stylesheet" type="text/css" />
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<script src="https://cdn.tailwindcss.com"></script>
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<!-- Alpine.js -->
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<script defer src="https://cdn.jsdelivr.net/npm/alpinejs@3.x.x/dist/cdn.min.js"></script>
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<!-- ECharts -->
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<script src="https://cdn.jsdelivr.net/npm/echarts@5.5.0/dist/echarts.min.js"></script>
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<!-- Google Fonts for a futuristic feel -->
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<link rel="preconnect" href="https://fonts.googleapis.com">
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<link rel="preconnect" href="https://fonts.gstatic.com" crossorigin>
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<link href="https://fonts.googleapis.com/css2?family=Lexend:wght@300;400;500;600&display=swap" rel="stylesheet">
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<style>
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body {
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font-family: 'Lexend', sans-serif;
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background-color: #000212;
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background-image:
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radial-gradient(ellipse 80% 50% at 50% -20%, rgba(120, 119, 198, 0.3), transparent),
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radial-gradient(ellipse 80% 50% at 50% 120%, rgba(39, 119, 198, 0.3), transparent);
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background-attachment: fixed;
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color: #E2E8F0; /* slate-200 */
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}
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.glass-card {
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background: rgba(17, 24, 39, 0.5); /* gray-900 with alpha */
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backdrop-filter: blur(24px);
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-webkit-backdrop-filter: blur(24px);
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border: 1px solid rgba(255, 255, 255, 0.1);
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transition: all 0.3s ease;
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}
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.glass-card:hover {
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background: rgba(17, 24, 39, 0.7);
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border: 1px solid rgba(255, 255, 255, 0.2);
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}
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.bento-grid {
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display: grid;
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gap: 1.5rem; /* gap-6 */
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}
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.grid-col-span-1 { grid-column: span 1 / span 1; }
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.grid-col-span-2 { grid-column: span 2 / span 2; }
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.grid-row-span-1 { grid-row: span 1 / span 1; }
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.grid-row-span-2 { grid-row: span 2 / span 2; }
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@media (min-width: 1024px) {
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.lg\:grid-cols-3 { grid-template-columns: repeat(3, minmax(0, 1fr)); }
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.lg\:col-span-1 { grid-column: span 1 / span 1; }
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.lg\:col-span-2 { grid-column: span 2 / span 2; }
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.lg\:col-span-3 { grid-column: span 3 / span 3; }
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.lg\:row-span-1 { grid-row: span 1 / span 1; }
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.lg\:row-span-2 { grid-row: span 2 / span 2; }
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}
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.glow-text {
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text-shadow: 0 0 8px rgba(56, 189, 248, 0.7); /* sky-400 */
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}
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.section-title {
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font-size: 2.25rem; /* text-4xl */
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font-weight: 600;
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background: -webkit-linear-gradient(45deg, #A78BFA, #38BDF8); /* violet-400 to sky-400 */
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-webkit-background-clip: text;
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-webkit-text-fill-color: transparent;
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margin-bottom: 2rem;
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text-align: center;
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}
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.table thead th {
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color: #9CA3AF; /* gray-400 */
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background-color: rgba(31, 41, 55, 0.5); /* gray-800 with alpha */
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border-bottom: 1px solid rgba(255, 255, 255, 0.2);
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}
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.table tbody tr {
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border-bottom: 1px solid rgba(255, 255, 255, 0.1);
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}
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.table tbody tr:last-child {
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border-bottom: none;
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}
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</style>
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</head>
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<body>
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<div id="vanta-bg"></div>
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<div class="container mx-auto px-4 py-8 max-w-6xl">
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<!-- 标题部分 -->
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<div class="card mb-6 rounded-xl shadow-lg">
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<div class="card-body p-6">
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<div class="flex flex-col md:flex-row justify-between items-start md:items-center">
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<div>
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<h1 class="text-3xl font-bold text-gray-800 mb-2">绒毛浆行业分析报告</h1>
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<p class="text-gray-600">国产替代逻辑从主题炒作进入基本面兑现阶段</p>
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</div>
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<div class="mt-4 md:mt-0">
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<span class="badge badge-info text-white px-3 py-1 rounded-full">战略资源</span>
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<span class="badge badge-success text-white px-3 py-1 rounded-full ml-2">高景气</span>
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</div>
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</div>
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</div>
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</div>
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<body class="min-h-screen">
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<!-- 概念事件部分 -->
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<div class="card mb-6 rounded-xl shadow-lg">
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<div class="card-body p-6">
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<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
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<i class="fas fa-calendar-alt text-blue-500 mr-2"></i>
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概念事件
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</h2>
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<div class="timeline-container relative pl-6">
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<div class="timeline-line"></div>
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<div class="relative mb-6">
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<div class="timeline-dot"></div>
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<div class="ml-4">
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<h3 class="text-lg font-semibold text-gray-800">2025-4-21</h3>
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<p class="text-gray-600">美国对华绒毛浆加征 <span class="font-bold text-red-500">125%关税</span> 正式落地，进口成本由 <span class="font-bold">900-1000 美元/吨</span> 跳升至 <span class="font-bold text-red-500">2000 美元/吨以上</span>（≈1.2 万元/吨）。</p>
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</div>
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</div>
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<div class="relative mb-6">
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<div class="timeline-dot"></div>
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<div class="ml-4">
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<h3 class="text-lg font-semibold text-gray-800">2025-4-22</h3>
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<p class="text-gray-600">国内贸易商现货报价已突破 <span class="font-bold text-red-500">1 万元/吨</span>（此前 8000 元），国产云景浆跟涨至 <span class="font-bold">8000-9000 元/吨</span>。</p>
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</div>
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</div>
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<div class="relative">
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<div class="timeline-dot"></div>
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<div class="ml-4">
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<h3 class="text-lg font-semibold text-gray-800">2025-4-23</h3>
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<p class="text-gray-600">多家卖方集中路演，确认：</p>
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<ul class="list-disc pl-5 mt-2 text-gray-600">
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<li>中国年需求 <span class="font-bold">70-100 万吨</span>，其中 <span class="font-bold text-red-500">75-90% 依赖美国进口</span>；</li>
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<li>全球可替代产能不足（拉美+欧洲合计仅 <span class="font-bold">10 万吨</span>），缺口短期无解；</li>
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<li>华泰、岳阳林纸、仙鹤、太阳等上市公司密集宣布 <span class="font-bold text-green-500">转产/扩产计划</span>，合计潜在新增产能 <span class="font-bold text-green-500">>70 万吨</span>（25H2-26 年陆续投放）。</li>
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</ul>
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</div>
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</div>
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</div>
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</div>
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</div>
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<main class="container mx-auto px-4 py-12 md:py-20">
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<!-- 核心观点部分 -->
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<div class="card mb-6 rounded-xl shadow-lg">
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<div class="card-body p-6">
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<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
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<i class="fas fa-lightbulb text-yellow-500 mr-2"></i>
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核心观点摘要
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</h2>
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<div class="highlight-box">
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<p class="text-gray-700">关税壁垒将绒毛浆从"小众木浆"推向"战略资源"，<span class="font-bold text-blue-600">国产替代逻辑正式从主题炒作进入基本面兑现阶段</span>；未来 6-12 个月价格维持 <span class="font-bold">9000-12000 元/吨高位震荡</span>，率先量产且品质达标的浆企将享受 <span class="font-bold text-green-600">吨净利 1500-2000 元</span> 的超额利润。</p>
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</div>
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</div>
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</div>
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<header class="text-center mb-16">
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<h1 class="text-5xl md:text-7xl font-bold tracking-tighter mb-4 bg-clip-text text-transparent bg-gradient-to-br from-slate-200 to-slate-500">
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绒毛浆 深度投研报告
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</h1>
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<p class="text-lg text-slate-400 max-w-3xl mx-auto">
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北京价值前沿科技有限公司 AI投研agent：“价小前投研” 进行投研呈现。本报告为AI合成数据，投资需谨慎。
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</p>
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</header>
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<!-- 市场分析部分 -->
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<div class="card mb-6 rounded-xl shadow-lg">
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<div class="card-body p-6">
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<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
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<i class="fas fa-chart-line text-green-500 mr-2"></i>
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核心逻辑与市场认知分析
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</h2>
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<!-- Concept Insight Section -->
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<section class="mb-20">
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<h2 class="section-title">概念洞察 (Concept Insight)</h2>
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<div class="bento-grid lg:grid-cols-3">
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<!-- 核心观点 -->
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<div class="glass-card rounded-3xl p-6 lg:col-span-3">
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<h3 class="text-xl font-semibold mb-3 text-sky-400 glow-text">0. 核心观点摘要</h3>
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<p class="text-slate-300">
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“绒毛浆”概念本质上是一场由外部政策冲击引爆的**供应链重构主题**，其核心驱动力源于美国关税壁垒所制造的巨大供需缺口和价格套利空间。当前，该概念处于**从事件驱动向基本面验证过渡**的关键阶段，短期内市场情绪和价格波动是主导，但长期投资价值完全取决于国内企业能否有效突破**“原料瓶颈”**和**“品质门槛”**这两大核心制约。
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</p>
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||||
</div>
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||||
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||||
<!-- 概念事件与核心逻辑 -->
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||||
<div class="glass-card rounded-3xl p-6 lg:col-span-2 lg:row-span-2">
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||||
<h3 class="text-xl font-semibold mb-3 text-sky-400 glow-text">1. 概念事件与核心逻辑</h3>
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<div class="space-y-4 text-slate-300">
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<div>
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<strong class="text-slate-100">背景：</strong> 中国是全球最大绒毛浆消费国（年需求70-100万吨），但国产产能仅10-20万吨，高度依赖进口。美国是全球绝对主导者，占中国进口份额高达70-90%，形成单一依赖风险。
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</div>
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<div>
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<strong class="text-slate-100">催化事件：</strong> 中美贸易摩擦升级，美国对华出口绒毛浆加征高额关税（如125%），导致成本从8000元/吨飙升至超2000美元/吨，造成事实上的供应中断和市场恐慌，贸易商普遍封盘惜售。
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</div>
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<div>
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||||
<strong class="text-slate-100">核心驱动力：“强制性国产替代”。</strong>
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<ul class="list-disc pl-5 mt-2 space-y-1">
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<li><strong class="text-violet-400">确定性的需求空间：</strong> 每年约50-70万吨原属美国的市场份额，一夜之间变成国内厂商可争夺的“真空地带”。</li>
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<li><strong class="text-violet-400">极高的价格容忍度：</strong> 进口成本翻倍，为国产绒毛浆提供了丰厚的潜在利润空间（吨净利可达2000元/吨）。</li>
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||||
</ul>
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||||
</div>
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||||
<div>
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||||
<strong class="text-slate-100">预期差分析：</strong> 市场普遍乐观，但存在显著预期差。
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||||
<ul class="list-disc pl-5 mt-2 space-y-1">
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<li><strong class="text-amber-400">技术门槛认知差：</strong> 市场低估了生产高端绒毛浆在原料（北美南方松不可替代性）、工艺配方上的壁垒。</li>
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<li><strong class="text-amber-400">“产能”与“有效产出”预期差：</strong> 名义规划产能不等于稳定产出合格产品的有效产能，核心瓶颈在于国内缺乏稳定、高品质的长纤针叶木片供应。</li>
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||||
<li><strong class="text-amber-400">下游需求结构性忽视：</strong> 婴儿纸尿裤“薄型化”趋势减少了绒毛浆用量，增长主要来自对价格更敏感的成人失禁用品和宠物垫市场。</li>
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||||
</ul>
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||||
</div>
|
||||
</div>
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||||
</div>
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||||
|
||||
<!-- 可视化 -->
|
||||
<div class="glass-card rounded-3xl p-6 lg:col-span-1">
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||||
<h3 class="text-xl font-semibold mb-3 text-sky-400 glow-text">2. 核心数据可视化</h3>
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||||
<p class="text-sm text-slate-400 mb-4">中国绒毛浆高度依赖进口，尤其是美国。关税政策直接冲击了超过70%的供应链。</p>
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||||
<div id="echarts-import-source" style="width: 100%; height: 260px;"></div>
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||||
</div>
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||||
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||||
<!-- 发展路径 -->
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||||
<div class="glass-card rounded-3xl p-6 lg:col-span-1">
|
||||
<h3 class="text-xl font-semibold mb-3 text-sky-400 glow-text">3. 关键催化剂与发展路径</h3>
|
||||
<div class="space-y-3 text-slate-300">
|
||||
<p><strong class="text-slate-100">近期催化剂 (3-6个月):</strong> 价格维持高位、岳阳林纸等产能落地公告、下游厂商财报验证、关税政策变动。</p>
|
||||
<p><strong class="text-slate-100">长期发展路径:</strong></p>
|
||||
<ul class="list-decimal pl-5 text-sm space-y-1">
|
||||
<li><strong>第一阶段 (机会主义替代):</strong> 技改快速切入，满足中低端缺口，享受价格红利。</li>
|
||||
<li><strong>第二阶段 (品质攻坚):</strong> 竞争转向“质量”，解决高品质原料供应问题。</li>
|
||||
<li><strong>第三阶段 (格局重塑):</strong> 若技术突破，则实现自给自足，甚至参与全球竞争。</li>
|
||||
</ul>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<!-- 产业链 -->
|
||||
<div class="glass-card rounded-3xl p-6 lg:col-span-3">
|
||||
<h3 class="text-xl font-semibold mb-3 text-sky-400 glow-text">4. 产业链与核心公司剖析</h3>
|
||||
<div class="grid md:grid-cols-3 gap-6 text-sm">
|
||||
<div>
|
||||
<h4 class="font-bold text-violet-400 mb-2">上游：针叶木片 (核心瓶颈)</h4>
|
||||
<p class="text-slate-400">北美南方松最优，新西兰辐射松为进口替代，国内思茅松量少。</p>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-bold text-sky-400 mb-2">中游：绒毛浆生产 (概念核心)</h4>
|
||||
<p class="text-slate-400">国际巨头 (IP, GP) 被替代，国内玩家 (华泰股份, 岳阳林纸, 仙鹤股份等) 崛起。</p>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-bold text-emerald-400 mb-2">下游：吸收性卫生用品</h4>
|
||||
<p class="text-slate-400">成人纸尿裤、宠物垫为主要增长点，头部厂商 (百亚, 豪悦) 积极应对。</p>
|
||||
</div>
|
||||
</div>
|
||||
<div class="mt-4 space-y-2 text-slate-300">
|
||||
<p><strong class="text-slate-100">华泰股份(600308):</strong> 确定性最强的现有玩家，但调试产线存原料不稳风险。</p>
|
||||
<p><strong class="text-slate-100">岳阳林纸(600963):</strong> 速度和效率代表，有望最快释放产能，逻辑纯粹。</p>
|
||||
<p><strong class="text-slate-100">仙鹤/太阳:</strong> 潜力追赶者，具备制浆能力和转产基础，但意愿和经济性待观察。</p>
|
||||
<p class="text-red-400"><strong class="text-red-400">可靠股份(301009):</strong> 存在信息矛盾，其参股公司制浆能力存疑，需警惕。</p>
|
||||
<p class="text-red-400"><strong class="text-red-400">青山纸业(600103):</strong> 竹浆技术路线与主流需求存在根本性矛盾，风险极高。</p>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<!-- 风险 -->
|
||||
<div class="glass-card rounded-3xl p-6 lg:col-span-3">
|
||||
<h3 class="text-xl font-semibold mb-3 text-red-400 glow-text">5. 潜在风险与挑战</h3>
|
||||
<ul class="list-disc pl-5 space-y-2 text-slate-300">
|
||||
<li><strong>技术与品质风险:</strong> 国产浆可能仅能满足中低端需求，无法进入高端市场，这是最大的商业化风险。</li>
|
||||
<li><strong>商业化与原料风险:</strong> 成本失控。若高度依赖进口木片，当售价回落时利润空间将被严重挤压，扩产经济性存疑。</li>
|
||||
<li><strong>政策风险:</strong> 关税政策的摇摆是悬顶之剑。一旦关税取消，美国质优价廉产品将迅速重返市场，冲击国内新增产能。</li>
|
||||
<li><strong>信息交叉验证风险:</strong> 需求规模估算差异大 (70-200万吨)，部分公司能力存疑（如可靠股份），技术路线存在争议（如青山纸业）。</li>
|
||||
</ul>
|
||||
</div>
|
||||
|
||||
</div>
|
||||
</section>
|
||||
|
||||
|
||||
<!-- Data Deep Dive Section -->
|
||||
<section class="mb-20" x-data="{ tab: 'news' }">
|
||||
<h2 class="section-title">情报来源深度整合</h2>
|
||||
<div class="flex justify-center mb-8 border-b border-slate-700">
|
||||
<a @click.prevent="tab = 'news'" href="#" :class="{'border-sky-400 text-sky-400': tab === 'news', 'border-transparent text-slate-400': tab !== 'news'}" class="px-6 py-3 border-b-2 font-medium transition">新闻数据</a>
|
||||
<a @click.prevent="tab = 'roadshow'" href="#" :class="{'border-sky-400 text-sky-400': tab === 'roadshow', 'border-transparent text-slate-400': tab !== 'roadshow'}" class="px-6 py-3 border-b-2 font-medium transition">路演纪要</a>
|
||||
<a @click.prevent="tab = 'research'" href="#" :class="{'border-sky-400 text-sky-400': tab === 'research', 'border-transparent text-slate-400': tab !== 'research'}" class="px-6 py-3 border-b-2 font-medium transition">研报精粹</a>
|
||||
</div>
|
||||
|
||||
<div class="glass-card rounded-3xl p-6 md:p-8 min-h-[500px]">
|
||||
<!-- News Data -->
|
||||
<div x-show="tab === 'news'" x-transition>
|
||||
<h3 class="text-2xl font-semibold mb-4 text-slate-100">新闻数据精炼</h3>
|
||||
<ul class="space-y-3 list-disc pl-5 text-slate-300">
|
||||
<li><strong>全球供需:</strong> 全球实际运行产能约620万吨，美国占主导（实际产能520万吨），IP、GP、Domtar为主要供应商。</li>
|
||||
<li><strong>中国依赖:</strong> 中国是最大需求市场（年需求约80万吨），年进口50-70万吨，其中70-80%来自美国。国产年产量仅10-20万吨。</li>
|
||||
<li><strong>关税冲击:</strong> 加征125%关税后，美国绒毛浆成本从~9000元/吨翻倍至超1万元/吨，国内现货报价已翻倍，贸易商封盘。</li>
|
||||
<li><strong>价格波动:</strong> 进口浆价涨至1.2万元/吨左右；国产云景浆价从7000元涨至8000-9000元/吨。价格上限看14000-15000元。</li>
|
||||
<li><strong>国产瓶颈:</strong> 核心瓶颈是原料（缺乏稳定高质的针叶木片），而非技术。美国南方松性能最佳，国内依赖进口辐射松，成本高。</li>
|
||||
<li><strong>国内布局:</strong>
|
||||
<ul class="list-circle pl-5 mt-1 text-slate-400">
|
||||
<li><strong>已有/近期:</strong> 岳阳林纸 (25Q3投产5-10万吨)、华泰股份 (年化近2万吨)、可靠股份 (参股8万吨，但能力存疑)。</li>
|
||||
<li><strong>远期规划:</strong> 华泰股份 (新增50万吨)、仙鹤股份 (计划新增)。</li>
|
||||
</ul>
|
||||
</li>
|
||||
<li><strong>下游应对:</strong> 头部厂商（百亚、豪悦）库存充足（2-3个月），积极寻找拉美及国产替代，成本影响可控。</li>
|
||||
</ul>
|
||||
</div>
|
||||
|
||||
<!-- Roadshow Data -->
|
||||
<div x-show="tab === 'roadshow'" x-transition style="display: none;">
|
||||
<h3 class="text-2xl font-semibold mb-4 text-slate-100">路演纪要核心</h3>
|
||||
<ul class="space-y-3 list-disc pl-5 text-slate-300">
|
||||
<li><strong>原料不可替代性:</strong> 北美南方松是生产高端绒毛浆的关键，其纤维特性（粗、卷曲）赋予产品优越吸水性，具有不可替代性。国产云南思茅松最接近但仍有差距。</li>
|
||||
<li><strong>技术壁垒:</strong> 美国在生产工艺（Know-how）和化学品复配专利上有显著优势，是国产替代需突破的核心障碍。</li>
|
||||
<li><strong>价格详情:</strong> 历史价差（高于针叶浆100多美元）；关税前美货税前约8000元/吨；关税后成本超2000美元/吨，国内现货价涨至12000元/吨。</li>
|
||||
<li><strong>国产化挑战:</strong> 除了原料限制和技术差距，大厂从化学浆转产绒毛浆的经济性不高，且下游高端客户对品质要求苛刻，转换意愿有待观察。</li>
|
||||
<li><strong>下游需求结构变化:</strong>
|
||||
<ul class="list-circle pl-5 mt-1 text-slate-400">
|
||||
<li><strong>婴儿纸尿裤:</strong> “薄型化”趋势导致绒毛浆用量趋近于零。</li>
|
||||
<li><strong>成人市场:</strong> 成人失禁用品市场成为主要增长点（增速15%+），占绒毛浆需求80%。</li>
|
||||
<li><strong>市场分层:</strong> 高端卫品依赖进口，中低端（成人纸尿裤、宠物垫）以国产为主。</li>
|
||||
</ul>
|
||||
</li>
|
||||
<li><strong>公司动态:</strong> 岳阳林纸受益于关税红利，计划25年投放5-10万吨；华泰股份有50万吨长期规划但当前调试产能面临原料挑战；仙鹤股份广西基地是优先投产方向。</li>
|
||||
</ul>
|
||||
</div>
|
||||
|
||||
<!-- Research Data -->
|
||||
<div x-show="tab === 'research'" x-transition style="display: none;">
|
||||
<h3 class="text-2xl font-semibold mb-4 text-slate-100">研报精粹观点</h3>
|
||||
<ul class="space-y-3 list-disc pl-5 text-slate-300">
|
||||
<li><strong>核心事件判断:</strong> 造纸板块大涨，主要受益于绒毛浆国产替代逻辑。</li>
|
||||
<li><strong>供应格局强调:</strong> 在中美关税战背景下，全球没有其他产区能替代美国市场的供应，从其他区域进口无法完全覆盖缺口。</li>
|
||||
<li><strong>市场状态:</strong> 国内大多数绒毛浆贸易商已处于**封盘状态**，市场流动性紧张。</li>
|
||||
<li><strong>进口依赖度数据:</strong> 中国进口依存度高达90%，其中超过75%来自美国。2024年预计从美国进口绒毛浆50万吨。</li>
|
||||
<li><strong>价格预期量化:</strong> 关税影响后，进口成本或上涨50%+。后续若关税问题不明朗，价格上限预计在14000-15000元左右。</li>
|
||||
<li><strong>利润弹性测算:</strong> 按目前10000元/吨市场价，预估吨净利2000元/吨。以已有或即将投产的产能计算，年化层面华泰/岳纸能实现2亿左右利润增量。</li>
|
||||
<li><strong>风险提示:</strong> 核心风险在于原材料价格大幅上涨，可能挤压中游制造商利润空间。</li>
|
||||
<li><strong>下游成本占比:</strong> 豪悦护理招股书显示木浆占原材料采购总额约5%，百亚股份浆占成本接近10%，占收入不到5%，影响相对可控。</li>
|
||||
</ul>
|
||||
</div>
|
||||
</div>
|
||||
</section>
|
||||
|
||||
|
||||
<!-- Stock List Section -->
|
||||
<section>
|
||||
<h2 class="section-title">核心概念股</h2>
|
||||
<div class="overflow-x-auto glass-card rounded-3xl">
|
||||
<table class="table text-base">
|
||||
<thead>
|
||||
<tr>
|
||||
<th>股票名称</th>
|
||||
<th>股票代码</th>
|
||||
<th>核心逻辑</th>
|
||||
<th>其他标签</th>
|
||||
</tr>
|
||||
</thead>
|
||||
<tbody>
|
||||
<tr>
|
||||
<td>华泰股份</td>
|
||||
<td><a href="https://valuefrontier.cn/company?scode=600308" target="_blank" class="text-sky-400 hover:text-sky-300">600308</a></td>
|
||||
<td>公司计划投资30亿元建设一条年产50万吨的绒毛浆生产线，产品可用于生产卫生巾、纸尿裤、护理垫等卫生用品</td>
|
||||
<td>自由流通: 33</td>
|
||||
</tr>
|
||||
<tr>
|
||||
<td>岳阳林纸</td>
|
||||
<td><a href="https://valuefrontier.cn/company?scode=600963" target="_blank" class="text-sky-400 hover:text-sky-300">600963</a></td>
|
||||
<td>全资子公司骏泰科技自主研发的绒毛浆、MCC特种纤维产品，在核心指标上达到北美进口产品标准，已形成进口替代能力</td>
|
||||
<td>自由流通: 47</td>
|
||||
</tr>
|
||||
<tr>
|
||||
<td>青山纸业</td>
|
||||
<td><a href="https://valuefrontier.cn/company?scode=600103" target="_blank" class="text-sky-400 hover:text-sky-300">600103</a></td>
|
||||
<td class="text-amber-400">国内最大竹木混合浆生产商，15万吨绒毛浆产能（市占率25%），竹纤维替代技术突破 (注：技术路线与主流需求存争议)</td>
|
||||
<td>自由流通: 34</td>
|
||||
</tr>
|
||||
<tr>
|
||||
<td>仙鹤股份</td>
|
||||
<td><a href="https://valuefrontier.cn/company?scode=603733" target="_blank" class="text-sky-400 hover:text-sky-300">603733</a></td>
|
||||
<td>广西/湖北基地90万吨纸浆线具备转产绒毛浆的能力</td>
|
||||
<td>自由流通: 34</td>
|
||||
</tr>
|
||||
<tr>
|
||||
<td>景兴纸业</td>
|
||||
<td><a href="https://valuefrontier.cn/company?scode=002067" target="_blank" class="text-sky-400 hover:text-sky-300">002067</a></td>
|
||||
<td>10万吨绒毛浆技改项目即将投产</td>
|
||||
<td>自由流通: 35</td>
|
||||
</tr>
|
||||
<tr>
|
||||
<td>可靠股份</td>
|
||||
<td><a href="https://valuefrontier.cn/company?scode=301009" target="_blank" class="text-sky-400 hover:text-sky-300">301009</a></td>
|
||||
<td class="text-amber-400">成人纸尿裤，绒毛浆占成本35%，提价能力支撑弹性 (注：上游制浆能力存疑)</td>
|
||||
<td>自由流通: 28</td>
|
||||
</tr>
|
||||
<tr>
|
||||
<td>欧克科技</td>
|
||||
<td><a href="https://valuefrontier.cn/company?scode=001223" target="_blank" class="text-sky-400 hover:text-sky-300">001223</a></td>
|
||||
<td>生活用纸设备次新股</td>
|
||||
<td>自由流通: 26</td>
|
||||
</tr>
|
||||
</tbody>
|
||||
</table>
|
||||
</div>
|
||||
</section>
|
||||
|
||||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||||
<div>
|
||||
<h3 class="text-lg font-semibold text-gray-800 mb-3">核心驱动力</h3>
|
||||
<div class="space-y-3">
|
||||
<div class="flex items-start">
|
||||
<div class="bg-blue-100 rounded-full p-2 mr-3">
|
||||
<i class="fas fa-arrow-down text-blue-600"></i>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-medium text-gray-800">供给断崖</h4>
|
||||
<p class="text-sm text-gray-600">美国占全球绒毛浆出口 <span class="font-bold">>80%</span>，关税后中国进口量瞬间收缩 <span class="font-bold">50 万吨</span></p>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<div class="flex items-start">
|
||||
<div class="bg-green-100 rounded-full p-2 mr-3">
|
||||
<i class="fas fa-cogs text-green-600"></i>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-medium text-gray-800">技术门槛可控</h4>
|
||||
<p class="text-sm text-gray-600">绒毛浆本质是"针叶浆+后道纤维解离"，国内纸机改造周期 <span class="font-bold">6-9 个月</span>（华泰、岳阳已调试）</p>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<div class="flex items-start">
|
||||
<div class="bg-purple-100 rounded-full p-2 mr-3">
|
||||
<i class="fas fa-shield-alt text-purple-600"></i>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-medium text-gray-800">需求刚性</h4>
|
||||
<p class="text-sm text-gray-600">下游卫生巾、成人纸尿裤、宠物垫对吸液倍率有硬性指标，<span class="font-bold">无法被阔叶浆/化机浆完全替代</span></p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<div>
|
||||
<h3 class="text-lg font-semibold text-gray-800 mb-3">市场热度与预期差</h3>
|
||||
<div class="space-y-3">
|
||||
<div class="opportunity-box">
|
||||
<h4 class="font-medium text-gray-800">市场热度</h4>
|
||||
<p class="text-sm text-gray-700">4-21 至 4-23 三日，造纸指数上涨 <span class="font-bold">8.7%</span>，华泰、岳阳、仙鹤均现 <span class="font-bold">涨停</span>；路演参会人数环比 <span class="font-bold">+300%</span>，情绪极度乐观。</p>
|
||||
</div>
|
||||
|
||||
<div class="risk-box">
|
||||
<h4 class="font-medium text-gray-800">预期差</h4>
|
||||
<p class="text-sm text-gray-700">市场普遍忽视 <span class="font-bold">"品质验证"</span> 风险——国产浆目前只能满足中低端尿裤，<span class="font-bold">高端卫生巾仍需美国长纤浆</span>；若 25H2 国产浆良率不及预期，缺口或持续至 2026 年。</p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
<footer class="text-center mt-20 text-slate-500 text-sm">
|
||||
<p>北京价值前沿科技有限公司 AI投研agent：“价小前投研”</p>
|
||||
<p>本报告基于公开数据AI合成，不构成任何投资建议，投资需谨慎。</p>
|
||||
</footer>
|
||||
|
||||
<!-- 催化剂部分 -->
|
||||
<div class="card mb-6 rounded-xl shadow-lg">
|
||||
<div class="card-body p-6">
|
||||
<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
|
||||
<i class="fas fa-rocket text-purple-500 mr-2"></i>
|
||||
关键催化剂与未来发展路径
|
||||
</h2>
|
||||
|
||||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||||
<div>
|
||||
<h3 class="text-lg font-semibold text-gray-800 mb-3">近期（3-6 个月）</h3>
|
||||
<div class="space-y-3">
|
||||
<div class="flex items-start">
|
||||
<div class="bg-blue-100 rounded-full p-2 mr-3">
|
||||
<i class="fas fa-industry text-blue-600"></i>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-medium text-gray-800">岳阳林纸骏泰科技产线</h4>
|
||||
<p class="text-sm text-gray-600"><span class="font-bold">5-10 万吨产线 25Q3 投料</span>（路演确认设备改造已完成 70%）</p>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<div class="flex items-start">
|
||||
<div class="bg-green-100 rounded-full p-2 mr-3">
|
||||
<i class="fas fa-flask text-green-600"></i>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-medium text-gray-800">华泰股份调试线</h4>
|
||||
<p class="text-sm text-gray-600"><span class="font-bold">10 万吨调试线 25Q2 出产品</span>（环评已公示）</p>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<div class="flex items-start">
|
||||
<div class="bg-yellow-100 rounded-full p-2 mr-3">
|
||||
<i class="fas fa-file-contract text-yellow-600"></i>
|
||||
</div>
|
||||
<div>
|
||||
<h4 class="font-medium text-gray-800">关税豁免清单</h4>
|
||||
<p class="text-sm text-gray-600">若中美重启谈判，可能带来情绪杀</p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<div>
|
||||
<h3 class="text-lg font-semibold text-gray-800 mb-3">长期（1-3 年）</h3>
|
||||
<div class="space-y-4">
|
||||
<div class="border-l-4 border-green-500 pl-4">
|
||||
<h4 class="font-medium text-gray-800">路径 A：国产浆品质突破</h4>
|
||||
<p class="text-sm text-gray-600">替代 60% 进口 → 价格回落至 <span class="font-bold">8000-9000 元/吨</span></p>
|
||||
</div>
|
||||
|
||||
<div class="border-l-4 border-red-500 pl-4">
|
||||
<h4 class="font-medium text-gray-800">路径 B：品质不及预期</h4>
|
||||
<p class="text-sm text-gray-600">美国/欧洲扩产 → 价格长期维持 <span class="font-bold">10000+ 元/吨</span></p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</main>
|
||||
|
||||
<!-- 产业链部分 -->
|
||||
<div class="card mb-6 rounded-xl shadow-lg">
|
||||
<div class="card-body p-6">
|
||||
<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
|
||||
<i class="fas fa-sitemap text-indigo-500 mr-2"></i>
|
||||
产业链与核心公司深度剖析
|
||||
</h2>
|
||||
|
||||
<div class="mb-6">
|
||||
<h3 class="text-lg font-semibold text-gray-800 mb-3">产业链图谱</h3>
|
||||
<div class="flex flex-col md:flex-row justify-between items-center bg-gray-50 p-4 rounded-lg">
|
||||
<div class="text-center mb-4 md:mb-0">
|
||||
<div class="bg-blue-100 rounded-full p-3 mx-auto mb-2 w-16 h-16 flex items-center justify-center">
|
||||
<i class="fas fa-tree text-blue-600 text-xl"></i>
|
||||
</div>
|
||||
<p class="font-medium text-gray-800">上游</p>
|
||||
<p class="text-sm text-gray-600">针叶木片</p>
|
||||
</div>
|
||||
|
||||
<div class="text-center mb-4 md:mb-0">
|
||||
<i class="fas fa-arrow-right text-gray-400 text-2xl"></i>
|
||||
</div>
|
||||
|
||||
<div class="text-center mb-4 md:mb-0">
|
||||
<div class="bg-green-100 rounded-full p-3 mx-auto mb-2 w-16 h-16 flex items-center justify-center">
|
||||
<i class="fas fa-industry text-green-600 text-xl"></i>
|
||||
</div>
|
||||
<p class="font-medium text-gray-800">中游</p>
|
||||
<p class="text-sm text-gray-600">绒毛浆</p>
|
||||
</div>
|
||||
|
||||
<div class="text-center mb-4 md:mb-0">
|
||||
<i class="fas fa-arrow-right text-gray-400 text-2xl"></i>
|
||||
</div>
|
||||
|
||||
<div class="text-center">
|
||||
<div class="bg-purple-100 rounded-full p-3 mx-auto mb-2 w-16 h-16 flex items-center justify-center">
|
||||
<i class="fas fa-shopping-bag text-purple-600 text-xl"></i>
|
||||
</div>
|
||||
<p class="font-medium text-gray-800">下游</p>
|
||||
<p class="text-sm text-gray-600">卫生巾/尿裤品牌</p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<div>
|
||||
<h3 class="text-lg font-semibold text-gray-800 mb-3">核心玩家对比</h3>
|
||||
<div class="overflow-x-auto">
|
||||
<table class="table w-full">
|
||||
<thead>
|
||||
<tr class="bg-gray-100">
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">公司</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">现有产能</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">规划产能</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">原料来源</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">品质进度</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">风险点</th>
|
||||
</tr>
|
||||
</thead>
|
||||
<tbody>
|
||||
<tr class="border-b">
|
||||
<td class="p-3 font-medium text-gray-800">华泰股份</td>
|
||||
<td class="p-3 text-gray-600">1 万吨</td>
|
||||
<td class="p-3 text-gray-600"><span class="font-bold text-green-600">50 万吨</span>（25-26 年）</td>
|
||||
<td class="p-3 text-gray-600">日照港进口木片</td>
|
||||
<td class="p-3 text-gray-600">中试产品已送样恒安</td>
|
||||
<td class="p-3 text-gray-600">资金压力大（30 亿投资）</td>
|
||||
</tr>
|
||||
<tr class="border-b bg-gray-50">
|
||||
<td class="p-3 font-medium text-gray-800">岳阳林纸</td>
|
||||
<td class="p-3 text-gray-600">0</td>
|
||||
<td class="p-3 text-gray-600"><span class="font-bold text-green-600">5-10 万吨</span>（25Q3）</td>
|
||||
<td class="p-3 text-gray-600">骏泰自产针叶浆</td>
|
||||
<td class="p-3 text-gray-600">实验室指标对标 IP</td>
|
||||
<td class="p-3 text-gray-600">溶解浆转产良率待验证</td>
|
||||
</tr>
|
||||
<tr class="border-b">
|
||||
<td class="p-3 font-medium text-gray-800">仙鹤股份</td>
|
||||
<td class="p-3 text-gray-600">0</td>
|
||||
<td class="p-3 text-gray-600">广西三期未披露</td>
|
||||
<td class="p-3 text-gray-600">广西自有林地</td>
|
||||
<td class="p-3 text-gray-600">尚未送样</td>
|
||||
<td class="p-3 text-gray-600">转产灵活性高但无时间表</td>
|
||||
</tr>
|
||||
<tr class="border-b bg-gray-50">
|
||||
<td class="p-3 font-medium text-gray-800">可靠股份</td>
|
||||
<td class="p-3 text-gray-600">参股 8 万吨（33% 权益）</td>
|
||||
<td class="p-3 text-gray-600">无</td>
|
||||
<td class="p-3 text-gray-600">广西杭港</td>
|
||||
<td class="p-3 text-gray-600">已自供 50%</td>
|
||||
<td class="p-3 text-gray-600">权益占比低，业绩弹性有限</td>
|
||||
</tr>
|
||||
</tbody>
|
||||
</table>
|
||||
</div>
|
||||
|
||||
<div class="mt-4 highlight-box">
|
||||
<h4 class="font-medium text-gray-800 mb-2">验证与证伪</h4>
|
||||
<p class="text-sm text-gray-700">路演中岳阳林纸透露 <span class="font-bold">骏泰绒毛浆样品吸液倍率 12g/g（美国标准 13-14g/g）</span>，差距已缩小至 <span class="font-bold">7%</span>；若 25Q3 批量良率 >90%，将直接证伪"国产无法替代"的悲观预期。</p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
<script>
|
||||
document.addEventListener('DOMContentLoaded', function () {
|
||||
var chartDom = document.getElementById('echarts-import-source');
|
||||
var myChart = echarts.init(chartDom, 'dark'); // Use dark theme
|
||||
var option;
|
||||
|
||||
<!-- 风险部分 -->
|
||||
<div class="card mb-6 rounded-xl shadow-lg">
|
||||
<div class="card-body p-6">
|
||||
<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
|
||||
<i class="fas fa-exclamation-triangle text-red-500 mr-2"></i>
|
||||
潜在风险与挑战
|
||||
</h2>
|
||||
|
||||
<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
|
||||
<div class="risk-box">
|
||||
<h3 class="font-semibold text-gray-800 mb-2">技术风险</h3>
|
||||
<p class="text-sm text-gray-700">国产浆 <span class="font-bold">纤维长度短 10-15%</span>，高端尿裤仍可能 <span class="font-bold">分层起坨</span></p>
|
||||
</div>
|
||||
|
||||
<div class="risk-box">
|
||||
<h3 class="font-semibold text-gray-800 mb-2">商业化风险</h3>
|
||||
<p class="text-sm text-gray-700">若 25H2 新增产能集中释放，价格或 <span class="font-bold">断崖式下跌</span> 至 7000 元/吨</p>
|
||||
</div>
|
||||
|
||||
<div class="risk-box">
|
||||
<h3 class="font-semibold text-gray-800 mb-2">政策风险</h3>
|
||||
<p class="text-sm text-gray-700">若关税 <span class="font-bold">阶段性豁免</span>，进口浆回流将 <span class="font-bold">挤压国产份额</span></p>
|
||||
</div>
|
||||
|
||||
<div class="risk-box">
|
||||
<h3 class="font-semibold text-gray-800 mb-2">信息矛盾</h3>
|
||||
<p class="text-sm text-gray-700">部分路演称"欧洲可补充 20 万吨"，但隆众数据显示 <span class="font-bold">欧洲实际可出口仅 5-8 万吨</span></p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
option = {
|
||||
backgroundColor: 'transparent',
|
||||
tooltip: {
|
||||
trigger: 'item',
|
||||
formatter: '{a} <br/>{b}: {c}%'
|
||||
},
|
||||
legend: {
|
||||
top: '5%',
|
||||
left: 'center',
|
||||
textStyle: {
|
||||
color: '#E2E8F0'
|
||||
}
|
||||
},
|
||||
series: [
|
||||
{
|
||||
name: '进口来源',
|
||||
type: 'pie',
|
||||
radius: ['50%', '70%'],
|
||||
avoidLabelOverlap: false,
|
||||
label: {
|
||||
show: false,
|
||||
position: 'center'
|
||||
},
|
||||
emphasis: {
|
||||
label: {
|
||||
show: true,
|
||||
fontSize: 24,
|
||||
fontWeight: 'bold',
|
||||
color: '#FFFFFF'
|
||||
}
|
||||
},
|
||||
labelLine: {
|
||||
show: false
|
||||
},
|
||||
data: [
|
||||
{ value: 80, name: '美国', itemStyle: { color: '#38BDF8' } }, // sky-400
|
||||
{ value: 20, name: '其他国家', itemStyle: { color: '#818CF8' } } // indigo-400
|
||||
]
|
||||
}
|
||||
]
|
||||
};
|
||||
|
||||
<!-- 结论部分 -->
|
||||
<div class="card mb-6 rounded-xl shadow-lg">
|
||||
<div class="card-body p-6">
|
||||
<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
|
||||
<i class="fas fa-check-circle text-green-500 mr-2"></i>
|
||||
综合结论与投资启示
|
||||
</h2>
|
||||
|
||||
<div class="space-y-4">
|
||||
<div class="highlight-box">
|
||||
<h3 class="font-semibold text-gray-800 mb-2">阶段判断</h3>
|
||||
<p class="text-gray-700"><span class="font-bold text-blue-600">基本面拐点已至</span>，但属于 <span class="font-bold">"高景气+高波动"</span> 赛道，需紧盯产能落地节奏。</p>
|
||||
</div>
|
||||
|
||||
<div class="opportunity-box">
|
||||
<h3 class="font-semibold text-gray-800 mb-2">最具价值环节</h3>
|
||||
<p class="text-gray-700"><span class="font-bold">率先量产的中游浆厂</span>（华泰、岳阳），吨净利弹性 <span class="font-bold">>200%</span>；下游品牌中 <span class="font-bold">百亚股份</span>（库存充足+顺价能力强）可抵御成本波动。</p>
|
||||
</div>
|
||||
|
||||
<div>
|
||||
<h3 class="font-semibold text-gray-800 mb-2">跟踪指标</h3>
|
||||
<div class="space-y-2">
|
||||
<div class="flex items-center">
|
||||
<div class="bg-blue-100 rounded-full p-1 mr-2">
|
||||
<i class="fas fa-circle text-blue-600 text-xs"></i>
|
||||
</div>
|
||||
<p class="text-gray-700"><span class="font-bold">骏泰科技 25Q3 投料良率</span>（决定国产替代速度）</p>
|
||||
</div>
|
||||
|
||||
<div class="flex items-center">
|
||||
<div class="bg-green-100 rounded-full p-1 mr-2">
|
||||
<i class="fas fa-circle text-green-600 text-xs"></i>
|
||||
</div>
|
||||
<p class="text-gray-700"><span class="font-bold">美国 IP/GP 对华报价</span>（判断关税持续性）</p>
|
||||
</div>
|
||||
|
||||
<div class="flex items-center">
|
||||
<div class="bg-purple-100 rounded-full p-1 mr-2">
|
||||
<i class="fas fa-circle text-purple-600 text-xs"></i>
|
||||
</div>
|
||||
<p class="text-gray-700"><span class="font-bold">下游品牌国产浆采购比例</span>（验证市场接受度）</p>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<!-- 股票表格部分 -->
|
||||
<div class="card rounded-xl shadow-lg">
|
||||
<div class="card-body p-6">
|
||||
<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
|
||||
<i class="fas fa-table text-indigo-500 mr-2"></i>
|
||||
关联股票数据
|
||||
</h2>
|
||||
|
||||
<div class="table-responsive">
|
||||
<table class="table w-full">
|
||||
<thead>
|
||||
<tr class="bg-gray-100">
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">股票名称</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">项目</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">分类</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">产业链</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">行业</th>
|
||||
<th class="text-left p-3 text-sm font-semibold text-gray-700">投资逻辑</th>
|
||||
</tr>
|
||||
</thead>
|
||||
<tbody>
|
||||
<tr class="border-b">
|
||||
<td class="p-3 font-medium text-gray-800">华泰股份</td>
|
||||
<td class="p-3 text-gray-600">年产50万吨绒毛浆生产线</td>
|
||||
<td class="p-3 text-gray-600">卫生用品原材料</td>
|
||||
<td class="p-3 text-gray-600">上游原材料供应商</td>
|
||||
<td class="p-3 text-gray-600">造纸业</td>
|
||||
<td class="p-3 text-gray-600">公司计划投资30亿元建设绒毛浆生产线，产品用于生产卫生巾、纸尿裤等卫生用品</td>
|
||||
</tr>
|
||||
<tr class="border-b bg-gray-50">
|
||||
<td class="p-3 font-medium text-gray-800">岳阳林纸</td>
|
||||
<td class="p-3 text-gray-600">骏泰科技绒毛浆项目</td>
|
||||
<td class="p-3 text-gray-600">进口替代产品</td>
|
||||
<td class="p-3 text-gray-600">上游原材料</td>
|
||||
<td class="p-3 text-gray-600">造纸业</td>
|
||||
<td class="p-3 text-gray-600">全资子公司骏泰科技自主研发的绒毛浆达到北美进口标准，形成进口替代能力</td>
|
||||
</tr>
|
||||
<tr class="border-b">
|
||||
<td class="p-3 font-medium text-gray-800">青山纸业</td>
|
||||
<td class="p-3 text-gray-600">竹木混合浆生产线</td>
|
||||
<td class="p-3 text-gray-600">竹纤维技术</td>
|
||||
<td class="p-3 text-gray-600">原材料生产</td>
|
||||
<td class="p-3 text-gray-600">造纸业</td>
|
||||
<td class="p-3 text-gray-600">国内最大竹木混合浆生产商，15万吨绒毛浆产能，竹纤维替代技术突破</td>
|
||||
</tr>
|
||||
<tr class="border-b bg-gray-50">
|
||||
<td class="p-3 font-medium text-gray-800">仙鹤股份</td>
|
||||
<td class="p-3 text-gray-600">广西/湖北基地纸浆线转产绒毛浆</td>
|
||||
<td class="p-3 text-gray-600">产能转换</td>
|
||||
<td class="p-3 text-gray-600">生产灵活调整</td>
|
||||
<td class="p-3 text-gray-600">造纸业</td>
|
||||
<td class="p-3 text-gray-600">广西/湖北基地90万吨纸浆线具备转产绒毛浆能力</td>
|
||||
</tr>
|
||||
<tr class="border-b">
|
||||
<td class="p-3 font-medium text-gray-800">景兴纸业</td>
|
||||
<td class="p-3 text-gray-600">10万吨绒毛浆技改项目</td>
|
||||
<td class="p-3 text-gray-600">技术改造</td>
|
||||
<td class="p-3 text-gray-600">产能扩张</td>
|
||||
<td class="p-3 text-gray-600">造纸业</td>
|
||||
<td class="p-3 text-gray-600">10万吨绒毛浆技改项目即将投产</td>
|
||||
</tr>
|
||||
<tr class="border-b bg-gray-50">
|
||||
<td class="p-3 font-medium text-gray-800">可靠股份</td>
|
||||
<td class="p-3 text-gray-600">-</td>
|
||||
<td class="p-3 text-gray-600">成本结构</td>
|
||||
<td class="p-3 text-gray-600">下游产品</td>
|
||||
<td class="p-3 text-gray-600">成人护理用品</td>
|
||||
<td class="p-3 text-gray-600">成人纸尿裤中绒毛浆占成本35%，提价能力支撑弹性</td>
|
||||
</tr>
|
||||
<tr class="border-b">
|
||||
<td class="p-3 font-medium text-gray-800">欧克科技</td>
|
||||
<td class="p-3 text-gray-600">生活用纸设备技改</td>
|
||||
<td class="p-3 text-gray-600">设备制造</td>
|
||||
<td class="p-3 text-gray-600">设备供应</td>
|
||||
<td class="p-3 text-gray-600">机械制造</td>
|
||||
<td class="p-3 text-gray-600">生活用纸设备次新股，技改推进研发</td>
|
||||
</tr>
|
||||
</tbody>
|
||||
</table>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
</div>
|
||||
|
||||
<!-- JavaScript -->
|
||||
<script src="https://cdn.jsdelivr.net/npm/@tailwindcss/browser@4"></script>
|
||||
<script src="https://cdnjs.cloudflare.com/ajax/libs/three.js/r134/three.min.js"></script>
|
||||
<script src="https://cdnjs.cloudflare.com/ajax/libs/vanta/0.5.24/vanta.waves.min.js"></script>
|
||||
<script>
|
||||
// 初始化Vanta.js背景效果
|
||||
VANTA.WAVES({
|
||||
el: "#vanta-bg",
|
||||
mouseControls: true,
|
||||
touchControls: true,
|
||||
gyroControls: false,
|
||||
minHeight: 200.00,
|
||||
minWidth: 200.00,
|
||||
scale: 1.00,
|
||||
scaleMobile: 1.00,
|
||||
color: 0xf0f9ff,
|
||||
shininess: 30.00,
|
||||
waveHeight: 10.00,
|
||||
waveSpeed: 0.75,
|
||||
zoom: 0.85
|
||||
});
|
||||
</script>
|
||||
option && myChart.setOption(option);
|
||||
window.addEventListener('resize', myChart.resize);
|
||||
});
|
||||
</script>
|
||||
</body>
|
||||
</html>
|
||||
```
|
||||
</html>
|
||||
Reference in New Issue
Block a user