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<!DOCTYPE html>
<html lang="zh-CN">
<head>
<meta charset="utf-8" />
<meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">
<title>药辅微晶纤维素概念分析</title>
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<!-- Custom CSS -->
<style>
body {
font-family: 'Inter', sans-serif;
background: linear-gradient(135deg, #f5f7fa 0%, #e4e8f0 100%);
}
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box-shadow: 0 10px 25px rgba(0, 0, 0, 0.08);
}
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background: linear-gradient(90deg, #3b82f6, #10b981);
-webkit-background-clip: text;
-webkit-text-fill-color: transparent;
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background: linear-gradient(135deg, rgba(59, 130, 246, 0.1) 0%, rgba(16, 185, 129, 0.1) 100%);
border-left: 4px solid #3b82f6;
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overflow-x: auto;
}
.table-container table {
min-width: 100%;
}
@media (max-width: 768px) {
.table-container {
font-size: 0.875rem;
}
}
</style>
</head>
<body class="min-h-screen p-4 md:p-8">
<div class="max-w-7xl mx-auto">
<!-- Header -->
<div class="text-center mb-10">
<h1 class="text-3xl md:text-4xl font-bold gradient-text mb-4">药辅微晶纤维素概念分析</h1>
<p class="text-gray-600 max-w-3xl mx-auto">从进口替代到产能释放,国产微晶纤维素迎来基本面驱动阶段</p>
</div>
<!-- 概念事件 -->
<div class="card bg-white rounded-xl card-shadow mb-8">
<div class="card-body p-6">
<h2 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
<i class="fas fa-calendar-alt text-blue-500 mr-2"></i> 概念事件
</h2>
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
<div class="highlight-box p-4 rounded-lg">
<h3 class="font-semibold text-gray-700 mb-2">背景</h3>
<p class="text-gray-600">微晶纤维素MCC是固体制剂片剂、胶囊的核心辅料用于填充、粘合、崩解全球市场规模约<strong class="text-blue-600">40亿元</strong>2023年预计2030年达<strong class="text-green-600">46亿元</strong>CAGR 2%)。中国长期依赖进口(美国伊士曼垄断),国产替代空间巨大。</p>
</div>
<div>
<h3 class="font-semibold text-gray-700 mb-2">催化事件</h3>
<ul class="space-y-2">
<li class="flex items-start">
<span class="bg-blue-100 text-blue-800 text-xs font-medium px-2 py-1 rounded mr-2">2024年4月</span>
<span class="text-gray-600">中美关税政策导致进口CAB价格暴涨至<strong class="text-red-600">20万元/吨</strong>国产仅8-10万加速国产替代。</span>
</li>
<li class="flex items-start">
<span class="bg-blue-100 text-blue-800 text-xs font-medium px-2 py-1 rounded mr-2">2024年5月</span>
<span class="text-gray-600">山河药辅新厂区<strong class="text-green-600">5000吨微晶纤维素产能</strong>投产,产能利用率超预期(<strong class="text-green-600">60-70%</strong>),订单覆盖未来半年。</span>
</li>
<li class="flex items-start">
<span class="bg-blue-100 text-blue-800 text-xs font-medium px-2 py-1 rounded mr-2">2025年6月</span>
<span class="text-gray-600">三维化学<strong class="text-green-600">1.5万吨醋酸纤维素项目</strong>含MCC预计2026年投产技术突破打破伊士曼垄断。</span>
</li>
</ul>
</div>
</div>
</div>
</div>
<!-- 核心观点摘要 -->
<div class="card bg-white rounded-xl card-shadow mb-8">
<div class="card-body p-6">
<h2 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
<i class="fas fa-lightbulb text-yellow-500 mr-2"></i> 核心观点摘要
</h2>
<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
<div class="bg-blue-50 p-4 rounded-lg">
<h3 class="font-semibold text-blue-700 mb-2">阶段判断</h3>
<p class="text-gray-700">药辅微晶纤维素已从<strong class="text-blue-600">"进口替代主题"</strong>进入<strong class="text-green-600">"产能释放+需求爆发"</strong>的基本面驱动阶段。</p>
</div>
<div class="bg-green-50 p-4 rounded-lg">
<h3 class="font-semibold text-green-700 mb-2">核心驱动力</h3>
<ul class="text-gray-700 space-y-1">
<li>① 国产替代进口占比40%→20%</li>
<li>② 植物胶囊需求激增羟丙甲纤维素拉动MCC配套</li>
<li>③ 新产能落地(山河药辅+三维化学)</li>
</ul>
</div>
<div class="bg-purple-50 p-4 rounded-lg">
<h3 class="font-semibold text-purple-700 mb-2">未来潜力</h3>
<p class="text-gray-700">2025-2027年国产MCC市占率有望从<strong class="text-purple-600">30%提升至50%</strong>,龙头公司利润复合增速<strong class="text-purple-600">25%+</strong></p>
</div>
</div>
</div>
</div>
<!-- 核心逻辑与市场认知分析 -->
<div class="card bg-white rounded-xl card-shadow mb-8">
<div class="card-body p-6">
<h2 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
<i class="fas fa-brain text-purple-500 mr-2"></i> 核心逻辑与市场认知分析
</h2>
<div class="grid grid-cols-1 md:grid-cols-3 gap-6">
<div>
<h3 class="font-semibold text-gray-700 mb-3 flex items-center">
<i class="fas fa-rocket text-blue-500 mr-2"></i> 核心驱动力
</h3>
<ul class="space-y-3">
<li class="bg-gray-50 p-3 rounded-lg">
<h4 class="font-medium text-gray-800">技术突破</h4>
<p class="text-sm text-gray-600 mt-1">山河药辅<strong>16种细分规格</strong>MCC对标国际标准通过FDA/欧盟认证;三维化学突破<strong>CAB合成技术</strong>万吨级产线投资2.5-3亿/万吨建设周期1年+)。</p>
</li>
<li class="bg-gray-50 p-3 rounded-lg">
<h4 class="font-medium text-gray-800">政策催化</h4>
<p class="text-sm text-gray-600 mt-1">一致性评价+集采倒逼药企降本国产MCC价格仅为进口<strong>30-50%</strong>进口62元/kg vs 国产22-30元/kg</p>
</li>
<li class="bg-gray-50 p-3 rounded-lg">
<h4 class="font-medium text-gray-800">需求爆发</h4>
<p class="text-sm text-gray-600 mt-1">植物胶囊渗透率从<strong>5%→20%</strong>欧美已50%),单粒胶囊需<strong>50-100mg MCC</strong>,对应新增需求<strong>万吨级</strong></p>
</li>
</ul>
</div>
<div>
<h3 class="font-semibold text-gray-700 mb-3 flex items-center">
<i class="fas fa-fire text-orange-500 mr-2"></i> 市场热度与情绪
</h3>
<div class="space-y-4">
<div class="bg-orange-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2">研报密集度</h4>
<p class="text-sm text-gray-600">2024年5月后<strong class="text-orange-600">5篇深度报告</strong>聚焦山河药辅一致预期2025年利润<strong class="text-orange-600">1.5-1.6亿元</strong>PE 25倍</p>
</div>
<div class="bg-yellow-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2">情绪分歧</h4>
<p class="text-sm text-gray-600">部分投资者担忧<strong class="text-yellow-600">价格战</strong>常规型号降价10-15%),但高端型号(缓控释专用)溢价稳定。</p>
</div>
</div>
</div>
<div>
<h3 class="font-semibold text-gray-700 mb-3 flex items-center">
<i class="fas fa-search text-green-500 mr-2"></i> 预期差
</h3>
<div class="space-y-4">
<div class="bg-green-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2">被忽视点</h4>
<p class="text-sm text-gray-600">三维化学的<strong class="text-green-600">1.5万吨项目</strong>2026年投产可能重塑供给格局当前市场仅关注山河药辅。</p>
</div>
<div class="bg-blue-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2">验证数据</h4>
<p class="text-sm text-gray-600">山河药辅2024年MCC销量<strong class="text-blue-600">6845吨</strong>+22%),出口占比<strong class="text-blue-600">30%</strong>(俄罗斯、印度订单激增)。</p>
</div>
</div>
</div>
</div>
</div>
</div>
<!-- 关键催化剂与未来发展路径 -->
<div class="card bg-white rounded-xl card-shadow mb-8">
<div class="card-body p-6">
<h2 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
<i class="fas fa-chart-line text-green-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="font-semibold text-gray-700 mb-3 flex items-center">
<i class="fas fa-clock text-blue-500 mr-2"></i> 近期催化剂3-6个月
</h3>
<ol class="space-y-3">
<li class="flex items-start">
<span class="bg-blue-500 text-white rounded-full w-6 h-6 flex items-center justify-center text-sm mr-2 flex-shrink-0">1</span>
<div>
<h4 class="font-medium text-gray-800">三维化学项目环评通过2025Q3</h4>
<p class="text-sm text-gray-600">标志国产万吨级MCC量产临近。</p>
</div>
</li>
<li class="flex items-start">
<span class="bg-blue-500 text-white rounded-full w-6 h-6 flex items-center justify-center text-sm mr-2 flex-shrink-0">2</span>
<div>
<h4 class="font-medium text-gray-800">山河药辅南区二期启动</h4>
<p class="text-sm text-gray-600">新增<strong class="text-green-600">5000吨产能</strong>2026年释放锁定大客户订单如阿斯利康、辉瑞</p>
</div>
</li>
<li class="flex items-start">
<span class="bg-blue-500 text-white rounded-full w-6 h-6 flex items-center justify-center text-sm mr-2 flex-shrink-0">3</span>
<div>
<h4 class="font-medium text-gray-800">植物胶囊招标旺季</h4>
<p class="text-sm text-gray-600">2025Q4国内药企集中采购MCC需求环比<strong class="text-green-600">+30%</strong></p>
</div>
</li>
</ol>
</div>
<div>
<h3 class="font-semibold text-gray-700 mb-3 flex items-center">
<i class="fas fa-road text-purple-500 mr-2"></i> 长期路径
</h3>
<div class="space-y-4">
<div class="bg-purple-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2">2025-2026年</h4>
<p class="text-sm text-gray-600">国产替代加速进口份额从40%降至25%),龙头市占率集中(山河药辅+三维化学合计<strong class="text-purple-600">50%+</strong>)。</p>
</div>
<div class="bg-indigo-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2">2027年后</h4>
<p class="text-sm text-gray-600">拓展食品级MCC肠衣、保健品打开<strong class="text-indigo-600">百亿级</strong>增量市场。</p>
</div>
</div>
</div>
</div>
</div>
</div>
<!-- 产业链与核心公司深度剖析 -->
<div class="card bg-white rounded-xl card-shadow mb-8">
<div class="card-body p-6">
<h2 class="text-xl 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="font-semibold text-gray-700 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 text-blue-800 font-medium px-4 py-2 rounded-lg">上游</div>
<p class="mt-2 text-sm text-gray-600">精制棉/木浆(<strong class="text-blue-600">太阳纸业</strong>)、醋酸酐(<strong class="text-blue-600">三维化学</strong></p>
</div>
<div class="text-center mb-4 md:mb-0">
<i class="fas fa-arrow-right text-gray-400 text-2xl mx-2 hidden md:block"></i>
</div>
<div class="text-center mb-4 md:mb-0">
<div class="bg-green-100 text-green-800 font-medium px-4 py-2 rounded-lg">中游</div>
<p class="mt-2 text-sm text-gray-600">MCC生产<strong class="text-green-600">山河药辅</strong><strong class="text-green-600">三维化学</strong><strong class="text-green-600">红日药业-展望药业</strong></p>
</div>
<div class="text-center mb-4 md:mb-0">
<i class="fas fa-arrow-right text-gray-400 text-2xl mx-2 hidden md:block"></i>
</div>
<div class="text-center">
<div class="bg-purple-100 text-purple-800 font-medium px-4 py-2 rounded-lg">下游</div>
<p class="mt-2 text-sm text-gray-600">制药(片剂/胶囊)、食品(植物胶囊、抗结剂)</p>
</div>
</div>
</div>
<div>
<h3 class="font-semibold text-gray-700 mb-3">核心玩家对比</h3>
<div class="table-container">
<table class="min-w-full bg-white border border-gray-200 rounded-lg overflow-hidden">
<thead class="bg-gray-50">
<tr>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">公司</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">产能(吨)</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">技术壁垒</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">客户绑定</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">风险点</th>
</tr>
</thead>
<tbody class="divide-y divide-gray-200">
<tr>
<td class="py-3 px-4 font-medium text-gray-900">山河药辅</td>
<td class="py-3 px-4 text-gray-700"><strong class="text-green-600">14500</strong>2025年</td>
<td class="py-3 px-4 text-gray-700">16种细分规格FDA认证</td>
<td class="py-3 px-4 text-gray-700">辉瑞、赛诺菲全球供应商</td>
<td class="py-3 px-4 text-gray-700">新产能爬坡不及预期</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">三维化学</td>
<td class="py-3 px-4 text-gray-700"><strong class="text-green-600">15000</strong>2026年</td>
<td class="py-3 px-4 text-gray-700">CAB合成技术突破</td>
<td class="py-3 px-4 text-gray-700">国内药企集采订单</td>
<td class="py-3 px-4 text-gray-700">项目延期或成本超支</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">红日药业</td>
<td class="py-3 px-4 text-gray-700"><strong class="text-green-600">3000</strong>(子公司)</td>
<td class="py-3 px-4 text-gray-700">低端MCC为主</td>
<td class="py-3 px-4 text-gray-700">国内中小药企</td>
<td class="py-3 px-4 text-gray-700">价格战挤压利润</td>
</tr>
</tbody>
</table>
</div>
</div>
<div class="mt-6 grid grid-cols-1 md:grid-cols-2 gap-4">
<div class="bg-green-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2 flex items-center">
<i class="fas fa-check-circle text-green-500 mr-2"></i> 印证
</h4>
<p class="text-sm text-gray-600">山河药辅2024年MCC收入<strong class="text-green-600">2.35亿元</strong>+18%),毛利率<strong class="text-green-600">36%</strong>高于行业平均25%)。</p>
</div>
<div class="bg-red-50 p-4 rounded-lg">
<h4 class="font-medium text-gray-800 mb-2 flex items-center">
<i class="fas fa-exclamation-circle text-red-500 mr-2"></i> 风险
</h4>
<p class="text-sm text-gray-600">三维化学项目若延期2026年供给缺口或导致进口依赖反弹。</p>
</div>
</div>
</div>
</div>
<!-- 潜在风险与挑战 -->
<div class="card bg-white rounded-xl card-shadow mb-8">
<div class="card-body p-6">
<h2 class="text-xl 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="bg-red-50 p-4 rounded-lg">
<h3 class="font-semibold text-red-700 mb-2">技术风险</h3>
<p class="text-gray-700">三维化学的<strong>CAB工艺稳定性</strong>需验证(专家纪要提示"建设周期1年+,调试风险高")。</p>
</div>
<div class="bg-orange-50 p-4 rounded-lg">
<h3 class="font-semibold text-orange-700 mb-2">商业化风险</h3>
<p class="text-gray-700">常规MCC价格战2024年降价10-15%高端型号占比不足30%。</p>
</div>
<div class="bg-yellow-50 p-4 rounded-lg">
<h3 class="font-semibold text-yellow-700 mb-2">政策风险</h3>
<p class="text-gray-700">若FDA收紧进口辅料认证国产MCC出口或受阻。</p>
</div>
<div class="bg-purple-50 p-4 rounded-lg">
<h3 class="font-semibold text-purple-700 mb-2">信息矛盾</h3>
<p class="text-gray-700">路演称"订单覆盖半年"但2025Q1收入增速仅<strong class="text-purple-600">4.28%</strong>(需跟踪库存消化进度)。</p>
</div>
</div>
</div>
</div>
<!-- 综合结论与投资启示 -->
<div class="card bg-gradient-to-r from-blue-500 to-green-500 rounded-xl card-shadow mb-8 text-white">
<div class="card-body p-6">
<h2 class="text-xl font-bold mb-4 flex items-center">
<i class="fas fa-trophy text-yellow-300 mr-2"></i> 综合结论与投资启示
</h2>
<div class="grid grid-cols-1 md:grid-cols-3 gap-6">
<div>
<h3 class="font-semibold mb-2">阶段判断</h3>
<p class="text-blue-100"><strong class="text-yellow-300">基本面驱动初期</strong>(产能释放+需求爆发),非主题炒作。</p>
</div>
<div>
<h3 class="font-semibold mb-2">投资方向</h3>
<ul class="space-y-2 text-blue-100">
<li><strong class="text-yellow-300">首选</strong><strong class="text-yellow-300">山河药辅</strong>(产能落地+客户验证完成2025年PE 20倍低于历史中枢</li>
<li><strong class="text-yellow-300">弹性标的</strong><strong class="text-yellow-300">三维化学</strong>万吨级项目催化2026年业绩弹性大</li>
</ul>
</div>
<div>
<h3 class="font-semibold mb-2">跟踪指标</h3>
<ol class="space-y-1 text-blue-100">
<li>1. <strong class="text-yellow-300">月度出口数据</strong>海关代码39129000</li>
<li>2. <strong class="text-yellow-300">山河药辅南区产能利用率</strong>目标2025Q4达<strong class="text-yellow-300">80%+</strong></li>
<li>3. <strong class="text-yellow-300">植物胶囊招标价格</strong>MCC成本占比<strong class="text-yellow-300">5-10%</strong>,敏感度极高)</li>
</ol>
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</div>
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<!-- 关联股票数据 -->
<div class="card bg-white rounded-xl card-shadow mb-8">
<div class="card-body p-6">
<h2 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
<i class="fas fa-chart-bar text-indigo-500 mr-2"></i> 关联股票数据
</h2>
<div class="table-container">
<table class="min-w-full bg-white border border-gray-200 rounded-lg overflow-hidden">
<thead class="bg-gray-50">
<tr>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">股票名称</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">分类</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">行业</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">项目</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">产业链</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">信息来源</th>
<th class="py-3 px-4 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">关联原因</th>
</tr>
</thead>
<tbody class="divide-y divide-gray-200">
<tr>
<td class="py-3 px-4 font-medium text-gray-900">山河药辅</td>
<td class="py-3 px-4 text-gray-700">产品</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">微晶纤维素生产</td>
<td class="py-3 px-4 text-gray-700">生产制造</td>
<td class="py-3 px-4 text-gray-700">年报/公告</td>
<td class="py-3 px-4 text-gray-700">公司微晶纤维素产销量居国内首位产能5000吨/年</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">红日药业</td>
<td class="py-3 px-4 text-gray-700">产品</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">子公司展望药业生产微晶纤维素</td>
<td class="py-3 px-4 text-gray-700">生产制造</td>
<td class="py-3 px-4 text-gray-700">公告</td>
<td class="py-3 px-4 text-gray-700">全资子公司展望药业产品包括微晶纤维素</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">尔康制药</td>
<td class="py-3 px-4 text-gray-700">产品</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">药用辅料生产</td>
<td class="py-3 px-4 text-gray-700">生产制造</td>
<td class="py-3 px-4 text-gray-700">年报</td>
<td class="py-3 px-4 text-gray-700">药用辅料品种包括微晶纤维素</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">九典制药</td>
<td class="py-3 px-4 text-gray-700">产品</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">药用辅料开发</td>
<td class="py-3 px-4 text-gray-700">生产制造</td>
<td class="py-3 px-4 text-gray-700">年报</td>
<td class="py-3 px-4 text-gray-700">已成功开发生产药用辅料包括微晶纤维素</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">太阳纸业</td>
<td class="py-3 px-4 text-gray-700">研发技术</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">高性能药用微晶纤维素制备技术</td>
<td class="py-3 px-4 text-gray-700">技术研发</td>
<td class="py-3 px-4 text-gray-700">年报</td>
<td class="py-3 px-4 text-gray-700">研发项目涉及突破高性能药用微晶纤维素制备技术</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">恒逸石化</td>
<td class="py-3 px-4 text-gray-700">研发技术</td>
<td class="py-3 px-4 text-gray-700">材料科学</td>
<td class="py-3 px-4 text-gray-700">微晶纤维素改性聚酯纤维制备</td>
<td class="py-3 px-4 text-gray-700">技术研发</td>
<td class="py-3 px-4 text-gray-700">公告</td>
<td class="py-3 px-4 text-gray-700">一种微晶纤维素改性聚酯纤维及其制备方法</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">宣泰医药</td>
<td class="py-3 px-4 text-gray-700">研发技术</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">微晶纤维素制备方法</td>
<td class="py-3 px-4 text-gray-700">技术研发</td>
<td class="py-3 px-4 text-gray-700">公告</td>
<td class="py-3 px-4 text-gray-700">一种微晶纤维素的制备方法</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">西点药业</td>
<td class="py-3 px-4 text-gray-700">研发技术</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">多糖类药用辅料开发</td>
<td class="py-3 px-4 text-gray-700">技术研发</td>
<td class="py-3 px-4 text-gray-700">公告</td>
<td class="py-3 px-4 text-gray-700">致力于微晶纤维素等多糖类药用辅料的开发</td>
</tr>
<tr>
<td class="py-3 px-4 font-medium text-gray-900">山东赫达</td>
<td class="py-3 px-4 text-gray-700">纤维素醚(医用级)</td>
<td class="py-3 px-4 text-gray-700">药用辅料</td>
<td class="py-3 px-4 text-gray-700">医药级纤维素醚生产</td>
<td class="py-3 px-4 text-gray-700">全产业链</td>
<td class="py-3 px-4 text-gray-700">公告</td>
<td class="py-3 px-4 text-gray-700">医药级纤维素醚为优质药用辅料设计产能8.5万吨/年已投产7.4万吨/年),行业唯一全产业链一体化企业</td>
</tr>
</tbody>
</table>
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