767 lines
38 KiB
HTML
767 lines
38 KiB
HTML
|
||
<!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>玻尿酸概念 - 行业洞察与投资分析</title>
|
||
<link href="https://fonts.googleapis.com/css2?family=Inter:wght@300;400;500;600;700;800&display=swap" rel="stylesheet" />
|
||
<link href="https://cdn.jsdelivr.net/npm/tailwindcss@2.2.19/dist/tailwind.min.css" rel="stylesheet">
|
||
<link href="https://cdn.jsdelivr.net/npm/daisyui@5/dist/full.css" rel="stylesheet" type="text/css" />
|
||
<link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/font-awesome/6.4.0/css/all.min.css">
|
||
<style>
|
||
body {
|
||
font-family: 'Inter', sans-serif;
|
||
overflow-x: hidden;
|
||
}
|
||
#particles-js {
|
||
position: fixed;
|
||
width: 100%;
|
||
height: 100%;
|
||
z-index: -1;
|
||
background: linear-gradient(135deg, #f5f7fa 0%, #e4e8f0 100%);
|
||
}
|
||
.card-shadow {
|
||
box-shadow: 0 10px 15px -3px rgba(0, 0, 0, 0.1), 0 4px 6px -2px rgba(0, 0, 0, 0.05);
|
||
}
|
||
.timeline-item::before {
|
||
content: '';
|
||
position: absolute;
|
||
left: -8px;
|
||
top: 0;
|
||
width: 16px;
|
||
height: 16px;
|
||
border-radius: 50%;
|
||
background: #3b82f6;
|
||
border: 3px solid white;
|
||
}
|
||
.timeline-line {
|
||
position: absolute;
|
||
left: 0;
|
||
top: 0;
|
||
bottom: 0;
|
||
width: 2px;
|
||
background: #e5e7eb;
|
||
}
|
||
.gradient-text {
|
||
background: linear-gradient(135deg, #3b82f6, #8b5cf6);
|
||
-webkit-background-clip: text;
|
||
-webkit-text-fill-color: transparent;
|
||
background-clip: text;
|
||
}
|
||
.table-responsive {
|
||
overflow-x: auto;
|
||
}
|
||
@media (max-width: 768px) {
|
||
.timeline-item {
|
||
padding-left: 20px;
|
||
}
|
||
.timeline-line {
|
||
left: 8px;
|
||
}
|
||
}
|
||
</style>
|
||
</head>
|
||
<body class="bg-gray-50 text-gray-800">
|
||
<div id="particles-js"></div>
|
||
|
||
<div class="container mx-auto px-4 py-8 relative z-10">
|
||
<!-- 标题部分 -->
|
||
<div class="text-center mb-12">
|
||
<h1 class="text-4xl md:text-5xl font-bold gradient-text mb-4">玻尿酸概念</h1>
|
||
<p class="text-lg text-gray-600 max-w-3xl mx-auto">从单一医美填充剂升级为跨场景生物材料平台的技术、市场与投资分析</p>
|
||
</div>
|
||
|
||
<!-- 核心观点摘要 -->
|
||
<div class="card bg-gradient-to-r from-blue-50 to-purple-50 card-shadow rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
|
||
<i class="fas fa-lightbulb text-yellow-500 mr-3"></i>核心观点摘要
|
||
</h2>
|
||
<blockquote class="text-lg italic text-gray-700 border-l-4 border-blue-500 pl-4">
|
||
玻尿酸概念已从<strong class="text-blue-600">单一医美填充剂</strong>升级为<strong class="text-purple-600">跨场景生物材料平台</strong>，技术迭代（交联工艺、微胶囊缓释）与政策合规化（NMPA三类证）驱动长期需求，但短期需警惕<strong class="text-red-500">价格战</strong>与<strong class="text-red-500">消费降级</strong>压力。
|
||
</blockquote>
|
||
</div>
|
||
|
||
<!-- 概念事件时间轴 -->
|
||
<div class="card bg-white card-shadow rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-clock text-blue-500 mr-3"></i>概念事件时间轴
|
||
</h2>
|
||
<div class="relative pl-8">
|
||
<div class="timeline-line"></div>
|
||
|
||
<div class="timeline-item relative pb-8">
|
||
<div class="bg-blue-50 rounded-lg p-4">
|
||
<div class="flex items-center mb-2">
|
||
<span class="bg-blue-500 text-white px-2 py-1 rounded text-sm font-medium">2023Q4-2024Q1</span>
|
||
</div>
|
||
<p class="font-medium">昊海生科第四代玻尿酸"海魅月白"获批</p>
|
||
<p class="text-sm text-gray-600 mt-1">采用全球首创<strong>赖氨酸交联技术</strong>，替代传统化学交联剂（BDDE），安全性显著提升</p>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="timeline-item relative pb-8">
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<div class="flex items-center mb-2">
|
||
<span class="bg-purple-500 text-white px-2 py-1 rounded text-sm font-medium">2024年8月</span>
|
||
</div>
|
||
<p class="font-medium">华熙生物路演显示全球市占率领先</p>
|
||
<p class="text-sm text-gray-600 mt-1">玻尿酸原料全球市占率<strong>43%</strong>（2023年销量258吨），但化妆品业务增速放缓（Q1仅+4%）</p>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="timeline-item relative pb-8">
|
||
<div class="bg-green-50 rounded-lg p-4">
|
||
<div class="flex items-center mb-2">
|
||
<span class="bg-green-500 text-white px-2 py-1 rounded text-sm font-medium">2025年2月</span>
|
||
</div>
|
||
<p class="font-medium">山东药玻获国药国际巨额增资</p>
|
||
<p class="text-sm text-gray-600 mt-1">获<strong>24.49亿元增资</strong>（溢价59%），间接控股后计划加码中硼硅药玻产能（2025年新增60吨窑炉）</p>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="timeline-item relative">
|
||
<div class="bg-pink-50 rounded-lg p-4">
|
||
<div class="flex items-center mb-2">
|
||
<span class="bg-pink-500 text-white px-2 py-1 rounded text-sm font-medium">2025年5月</span>
|
||
</div>
|
||
<p class="font-medium">玻尿酸内衣市场规模爆发</p>
|
||
<p class="text-sm text-gray-600 mt-1">2024年达<strong>9.1亿元</strong>，CAGR超300%，俏爱缇等品牌通过"玻尿酸微胶囊技术"切入消费场景</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 核心逻辑与市场认知 -->
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6 mb-8">
|
||
<div class="card bg-white card-shadow rounded-xl p-6">
|
||
<h3 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
|
||
<i class="fas fa-cogs text-blue-500 mr-2"></i>核心驱动力
|
||
</h3>
|
||
<ul class="space-y-3">
|
||
<li class="flex items-start">
|
||
<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<p class="font-medium">技术突破</p>
|
||
<p class="text-sm text-gray-600">交联技术升级：昊海"海魅月白"采用赖氨酸交联，降解产物为人体必需氨基酸，<strong>无化学残留风险</strong></p>
|
||
</div>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<p class="font-medium">政策合规化</p>
|
||
<p class="text-sm text-gray-600">NMPA对医美注射剂监管趋严，<strong>三类械证稀缺性</strong>凸显（当前仅60+张）</p>
|
||
</div>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<p class="font-medium">场景外延</p>
|
||
<p class="text-sm text-gray-600">从医美延伸至<strong>功能性纺织品</strong>、<strong>药玻包装</strong>等多领域应用</p>
|
||
</div>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
|
||
<div class="card bg-white card-shadow rounded-xl p-6">
|
||
<h3 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
|
||
<i class="fas fa-chart-line text-purple-500 mr-2"></i>市场热度与情绪
|
||
</h3>
|
||
<div class="space-y-4">
|
||
<div>
|
||
<p class="font-medium mb-2">研报密集度</p>
|
||
<p class="text-sm text-gray-600">2024年7月后，中信证券、东吴等机构高频覆盖，聚焦<strong>再生材料替代</strong>与<strong>国产替代</strong>逻辑</p>
|
||
</div>
|
||
<div>
|
||
<p class="font-medium mb-2">情绪分化</p>
|
||
<div class="grid grid-cols-2 gap-3">
|
||
<div class="bg-green-50 p-3 rounded-lg">
|
||
<p class="text-sm font-medium text-green-700">乐观方</p>
|
||
<p class="text-xs text-gray-600">昊海生科2024年玻尿酸收入增速<strong>50%+</strong></p>
|
||
</div>
|
||
<div class="bg-red-50 p-3 rounded-lg">
|
||
<p class="text-sm font-medium text-red-700">谨慎方</p>
|
||
<p class="text-xs text-gray-600">华熙生物化妆品业务增速放缓（Q1仅+4%）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关键催化剂与未来发展路径 -->
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6 mb-8">
|
||
<div class="card bg-white card-shadow rounded-xl p-6">
|
||
<h3 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
|
||
<i class="fas fa-rocket text-orange-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-orange-500 text-white rounded-full w-6 h-6 flex items-center justify-center text-sm mr-2 flex-shrink-0">1</span>
|
||
<div>
|
||
<p class="font-medium">昊海生科"海魅月白"上市（2024年10月）</p>
|
||
<p class="text-sm text-gray-600">定价策略（预计<strong>7000-10000元/支</strong>）与渠道铺货进度</p>
|
||
</div>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="bg-orange-500 text-white rounded-full w-6 h-6 flex items-center justify-center text-sm mr-2 flex-shrink-0">2</span>
|
||
<div>
|
||
<p class="font-medium">山东药玻产能释放</p>
|
||
<p class="text-sm text-gray-600">2025年新增<strong>60吨窑炉</strong>投产，中硼硅模制瓶渗透率提升</p>
|
||
</div>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="bg-orange-500 text-white rounded-full w-6 h-6 flex items-center justify-center text-sm mr-2 flex-shrink-0">3</span>
|
||
<div>
|
||
<p class="font-medium">玻尿酸内衣旺季</p>
|
||
<p class="text-sm text-gray-600">2025年Q4抖音"玻尿酸肌底衣"搜索指数同比<strong>+571%</strong></p>
|
||
</div>
|
||
</li>
|
||
</ol>
|
||
</div>
|
||
|
||
<div class="card bg-white card-shadow rounded-xl p-6">
|
||
<h3 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
|
||
<i class="fas fa-road text-indigo-500 mr-2"></i>长期路径（2025-2027）
|
||
</h3>
|
||
<ul class="space-y-3">
|
||
<li class="flex items-start">
|
||
<i class="fas fa-arrow-right text-indigo-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<p class="font-medium">技术迭代</p>
|
||
<p class="text-sm text-gray-600">交联技术向<strong>动态填充</strong>与<strong>复合再生材料</strong>演进</p>
|
||
</div>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-arrow-right text-indigo-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<p class="font-medium">场景扩张</p>
|
||
<p class="text-sm text-gray-600">延伸至<strong>骨科润滑剂</strong>、<strong>眼科粘弹剂</strong>等医疗领域</p>
|
||
</div>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-arrow-right text-indigo-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<p class="font-medium">全球化</p>
|
||
<p class="text-sm text-gray-600">华熙生物欧洲子公司拓展<strong>医药级玻尿酸</strong>出口</p>
|
||
</div>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 产业链与核心公司 -->
|
||
<div class="card bg-white card-shadow rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-sitemap text-blue-500 mr-3"></i>产业链与核心公司
|
||
</h2>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-lg font-semibold text-gray-700 mb-3">产业链图谱</h3>
|
||
<div class="flex flex-wrap justify-center gap-4">
|
||
<div class="bg-blue-100 px-4 py-2 rounded-lg">
|
||
<span class="text-blue-700 font-medium">上游</span>
|
||
<span class="text-gray-600 ml-2">玻尿酸原料、交联剂</span>
|
||
</div>
|
||
<div class="bg-purple-100 px-4 py-2 rounded-lg">
|
||
<i class="fas fa-arrow-right text-purple-500"></i>
|
||
</div>
|
||
<div class="bg-purple-100 px-4 py-2 rounded-lg">
|
||
<span class="text-purple-700 font-medium">中游</span>
|
||
<span class="text-gray-600 ml-2">注射剂生产</span>
|
||
</div>
|
||
<div class="bg-purple-100 px-4 py-2 rounded-lg">
|
||
<i class="fas fa-arrow-right text-purple-500"></i>
|
||
</div>
|
||
<div class="bg-green-100 px-4 py-2 rounded-lg">
|
||
<span class="text-green-700 font-medium">下游</span>
|
||
<span class="text-gray-600 ml-2">医美机构、药玻包装、消费品</span>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-lg font-semibold text-gray-700 mb-3">核心玩家对比</h3>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full divide-y divide-gray-200">
|
||
<thead class="bg-gray-50">
|
||
<tr>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">公司</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">竞争优势</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">风险点</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium">华熙生物</td>
|
||
<td class="px-4 py-3">全球原料龙头（43%市占率），全产业链</td>
|
||
<td class="px-4 py-3">化妆品业务增速放缓（Q1仅+4%）</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium">昊海生科</td>
|
||
<td class="px-4 py-3">第四代交联技术领先，医美收入占比40%+</td>
|
||
<td class="px-4 py-3">新品定价过高可能抑制放量</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium">山东药玻</td>
|
||
<td class="px-4 py-3">中硼硅药玻垄断（60%市占率），国药入股</td>
|
||
<td class="px-4 py-3">新产能良率爬坡不及预期</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium">焦点福瑞达</td>
|
||
<td class="px-4 py-3">420吨产能，医药级玻尿酸出口欧盟</td>
|
||
<td class="px-4 py-3">原料价格战压缩利润</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 潜在风险与挑战 -->
|
||
<div class="card bg-white card-shadow rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-exclamation-triangle text-red-500 mr-3"></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">
|
||
<h4 class="font-semibold text-red-700 mb-2">技术风险</h4>
|
||
<p class="text-sm text-gray-700">胶原蛋白等再生材料替代（锦波生物薇旖美已放量）</p>
|
||
</div>
|
||
<div class="bg-orange-50 p-4 rounded-lg">
|
||
<h4 class="font-semibold text-orange-700 mb-2">商业化风险</h4>
|
||
<p class="text-sm text-gray-700">玻尿酸内衣<strong>微胶囊技术</strong>成本过高（俏爱缇毛利率仅30%）</p>
|
||
</div>
|
||
<div class="bg-yellow-50 p-4 rounded-lg">
|
||
<h4 class="font-semibold text-yellow-700 mb-2">政策风险</h4>
|
||
<p class="text-sm text-gray-700">NMPA对"水货"玻尿酸打击力度超预期（2024年查处案例+200%）</p>
|
||
</div>
|
||
<div class="bg-purple-50 p-4 rounded-lg">
|
||
<h4 class="font-semibold text-purple-700 mb-2">信息矛盾</h4>
|
||
<p class="text-sm text-gray-700">山东药玻良率<strong>80-90%</strong> vs 新进入者<strong>70%</strong>，但后者报价低10%</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 综合结论与投资启示 -->
|
||
<div class="card bg-gradient-to-r from-blue-500 to-purple-600 text-white card-shadow rounded-xl p-6 mb-8">
|
||
<h2 class="text-2xl font-bold mb-4 flex items-center">
|
||
<i class="fas fa-trophy text-yellow-300 mr-3"></i>综合结论与投资启示
|
||
</h2>
|
||
<div class="space-y-4">
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-2">阶段判断</h3>
|
||
<p>玻尿酸概念处于<strong>技术驱动向需求驱动过渡期</strong>，短期受消费降级压制，长期看<strong>合规化+场景外延</strong>支撑成长。</p>
|
||
</div>
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-2">投资方向</h3>
|
||
<ul class="space-y-2">
|
||
<li class="flex items-start">
|
||
<i class="fas fa-star text-yellow-300 mt-1 mr-2"></i>
|
||
<span><strong>高壁垒环节</strong>：山东药玻（中硼硅药玻垄断）+ 昊海生科（第四代交联技术）</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-star text-yellow-300 mt-1 mr-2"></i>
|
||
<span><strong>预期差标的</strong>：焦点福瑞达（原料价格下跌未充分反映，医药级出口弹性大）</span>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-2">跟踪指标</h3>
|
||
<ol class="list-decimal list-inside space-y-1">
|
||
<li>昊海生科"海魅月白"首月销量（目标5万支，对应1.5亿元收入）</li>
|
||
<li>山东药玻中硼硅模制瓶出货量（2025年目标25亿支，同比+50%）</li>
|
||
<li>玻尿酸内衣抖音GMV占比（当前俏爱缇34.3%，需观察竞品分流）</li>
|
||
</ol>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票数据表格 -->
|
||
<div class="card bg-white card-shadow rounded-xl p-6">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-chart-bar text-green-500 mr-3"></i>关联股票数据
|
||
</h2>
|
||
|
||
<!-- 玻尿酸概念表格 -->
|
||
<div class="mb-8">
|
||
<h3 class="text-lg font-semibold text-gray-700 mb-4">玻尿酸概念</h3>
|
||
<div class="table-responsive">
|
||
<table class="min-w-full divide-y divide-gray-200">
|
||
<thead class="bg-gray-50">
|
||
<tr>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">股票</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">行业</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">项目/产品</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">技术/产业链</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">关联理由</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">爱美客(300896)</td>
|
||
<td class="px-4 py-3">医疗美容</td>
|
||
<td class="px-4 py-3">美容外科 / 透明质酸钠溶液（含L-肌肽）</td>
|
||
<td class="px-4 py-3">注射技术</td>
|
||
<td class="px-4 py-3">公司产品含L-肌肽的透明质酸钠溶液属于医疗美容外科项目，采用注射技术实现皮肤修复。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">华熙生物(688363)</td>
|
||
<td class="px-4 py-3">生物科技</td>
|
||
<td class="px-4 py-3">原料生产</td>
|
||
<td class="px-4 py-3">透明质酸微生物发酵</td>
|
||
<td class="px-4 py-3">全球领先的透明质酸原料生产商，掌握微生物发酵核心技术，产品应用于多领域。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">福瑞达(600223)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">原料生产 / 透明质酸</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">拥有透明质酸原料产能420吨/年，毛利率70.46%，主要收入来自玻尿酸产品。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">昊海生科(688366)</td>
|
||
<td class="px-4 py-3">医疗美容</td>
|
||
<td class="px-4 py-3">玻尿酸</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">玻尿酸产品收入占集团收入比重上升，推动毛利率提升。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">华东医药(000963)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">医美 / 少女针</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">子公司欣可丽美学前三季度收入8.24亿元，同比增长88.79%，主打产品少女针Q4放量。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">江苏吴中(600200)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">利多卡因透明质酸钠凝胶</td>
|
||
<td class="px-4 py-3">交联技术</td>
|
||
<td class="px-4 py-3">通过收购获得韩国Humedix玻尿酸产品中国区代理权，采用交联技术。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">水羊股份(300740)</td>
|
||
<td class="px-4 py-3">化妆品</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">酶切玻尿酸</td>
|
||
<td class="px-4 py-3">突破酶切技术获得更小分子玻尿酸，用于护肤品。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">朗姿股份(002612)</td>
|
||
<td class="px-4 py-3">医疗美容</td>
|
||
<td class="px-4 py-3">芙妮薇 / 玻尿酸</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">推出自研玻尿酸品牌芙妮薇，包含致雅和润致薇等产品。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">双鹭药业(002038)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">舒颜玻尿酸</td>
|
||
<td class="px-4 py-3">异相桥式全双交联</td>
|
||
<td class="px-4 py-3">参股公司蒙博润采用异相桥式全双交联技术生产舒颜玻尿酸。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">*ST美谷(000615)</td>
|
||
<td class="px-4 py-3">医疗美容</td>
|
||
<td class="px-4 py-3">玻尿酸填充剂</td>
|
||
<td class="px-4 py-3">KFDA、CE认证</td>
|
||
<td class="px-4 py-3">旗下产品获得韩国KFDA和欧盟CE认证，用于注射填充。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">金达威(002626)</td>
|
||
<td class="px-4 py-3">保健品</td>
|
||
<td class="px-4 py-3">NMN+玻尿酸</td>
|
||
<td class="px-4 py-3">天猫旗舰店</td>
|
||
<td class="px-4 py-3">旗下舞昆品牌NMN+玻尿酸产品在天猫旗舰店上线。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">国药现代(600420)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">玻尿酸原液面膜</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">国药致君玻尿酸产品包括原液面膜和精华液。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">乐普医疗(300003)</td>
|
||
<td class="px-4 py-3">医疗器械</td>
|
||
<td class="px-4 py-3">透明质酸钠溶液</td>
|
||
<td class="px-4 py-3">临床阶段</td>
|
||
<td class="px-4 py-3">皮肤科注射用透明质酸钠溶液处于临床阶段，计划年内获批。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">普门科技(688389)</td>
|
||
<td class="px-4 py-3">医疗器械</td>
|
||
<td class="px-4 py-3">玻尿酸</td>
|
||
<td class="px-4 py-3">市场占比14.55%</td>
|
||
<td class="px-4 py-3">玻尿酸产品在紧致抗衰、除皱领域市占率14.55%。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">键凯科技(688356)</td>
|
||
<td class="px-4 py-3">生物科技</td>
|
||
<td class="px-4 py-3">JK-2122H</td>
|
||
<td class="px-4 py-3">交联剂</td>
|
||
<td class="px-4 py-3">自研医美项目JK-2122H处于临床前阶段，交联剂可延长玻尿酸降解时间。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">常山药业(300255)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">透明质酸</td>
|
||
<td class="px-4 py-3">医美领域</td>
|
||
<td class="px-4 py-3">扩大透明质酸在医美领域的销售规模。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">长春高新(000661)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">玻尿酸、胶原蛋白</td>
|
||
<td class="px-4 py-3">皮肤健康</td>
|
||
<td class="px-4 py-3">以皮肤健康领域新药开发为主，补充玻尿酸等产品。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">迈得医疗(688310)</td>
|
||
<td class="px-4 py-3">医疗器械</td>
|
||
<td class="px-4 py-3">玻尿酸注射器</td>
|
||
<td class="px-4 py-3">CE认证</td>
|
||
<td class="px-4 py-3">注射类医美器械包括玻尿酸注射器，获CE认证。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">复星医药(600196)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">ProFace</td>
|
||
<td class="px-4 py-3">NMPA</td>
|
||
<td class="px-4 py-3">注射用透明质酸钠溶液ProFace已获NMPA受理。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">爱博医疗(688050)</td>
|
||
<td class="px-4 py-3">医疗器械</td>
|
||
<td class="px-4 py-3">交联透明质酸钠凝胶</td>
|
||
<td class="px-4 py-3">临床阶段</td>
|
||
<td class="px-4 py-3">多款注射用交联透明质酸钠凝胶处于临床阶段。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">丸美股份(603983)</td>
|
||
<td class="px-4 py-3">化妆品</td>
|
||
<td class="px-4 py-3">少女针、童颜针</td>
|
||
<td class="px-4 py-3">交联技术</td>
|
||
<td class="px-4 py-3">专注于医美注射产品，采用交联技术。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">亿帆医药(002019)</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">玻尿酸</td>
|
||
<td class="px-4 py-3">护肤品</td>
|
||
<td class="px-4 py-3">玻尿酸产品应用于护肤系列产品。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">诚志股份(000990)</td>
|
||
<td class="px-4 py-3">化工</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">生产技术储备</td>
|
||
<td class="px-4 py-3">子公司诚志生命科技有玻尿酸生产技术储备，但未开展生产。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">康德莱(603987)</td>
|
||
<td class="px-4 py-3">医疗器械</td>
|
||
<td class="px-4 py-3">玻尿酸注射器</td>
|
||
<td class="px-4 py-3">市场占比52.90%</td>
|
||
<td class="px-4 py-3">玻尿酸注射器占医美注射类消费项目52.90%。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">嘉亨家化(300955)</td>
|
||
<td class="px-4 py-3">化妆品</td>
|
||
<td class="px-4 py-3">-</td>
|
||
<td class="px-4 py-3">玻尿酸原料</td>
|
||
<td class="px-4 py-3">玻尿酸是化妆品原料之一，部分化妆品使用该原料。</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">山东药玻(600529)</td>
|
||
<td class="px-4 py-3">医药包装</td>
|
||
<td class="px-4 py-3">模制瓶、棕色瓶</td>
|
||
<td class="px-4 py-3">玻尿酸包装</td>
|
||
<td class="px-4 py-3">预计40亿只产能涵盖玻尿酸高端注射剂包装需求。</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 玻尿酸（240522）表格 -->
|
||
<div>
|
||
<h3 class="text-lg font-semibold text-gray-700 mb-4">玻尿酸（240522）</h3>
|
||
<div class="table-responsive">
|
||
<table class="min-w-full divide-y divide-gray-200">
|
||
<thead class="bg-gray-50">
|
||
<tr>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">股票</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">行业</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">项目/产品</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">分类/产业链</th>
|
||
<th class="px-4 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">关联理由</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">爱美客</td>
|
||
<td class="px-4 py-3">生物制药</td>
|
||
<td class="px-4 py-3">嗨体、濡白天使</td>
|
||
<td class="px-4 py-3">玻尿酸产品 / 研发、生产、销售</td>
|
||
<td class="px-4 py-3">主营业务为玻尿酸相关产品的研发、生产与销售，核心产品包括嗨体和濡白天使</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">华东医药</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">伊婉玻尿酸</td>
|
||
<td class="px-4 py-3">代理 / 销售</td>
|
||
<td class="px-4 py-3">控股子公司代理韩国伊婉玻尿酸在中国市场的推广销售</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">华熙生物</td>
|
||
<td class="px-4 py-3">生物科技</td>
|
||
<td class="px-4 py-3">原料产品、医疗终端产品、功能性护肤品</td>
|
||
<td class="px-4 py-3">全产业链 / 原料生产、终端产品开发、销售</td>
|
||
<td class="px-4 py-3">玻尿酸业务覆盖原料、医疗终端、功能性护肤品及食品等领域</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">亿帆医药</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">玻尿酸产品</td>
|
||
<td class="px-4 py-3">部分产品 / 生产</td>
|
||
<td class="px-4 py-3">拥有部分玻尿酸产品生产能力</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">昊海生科</td>
|
||
<td class="px-4 py-3">生物科技</td>
|
||
<td class="px-4 py-3">海薇</td>
|
||
<td class="px-4 py-3">国产玻尿酸生产商 / 生产</td>
|
||
<td class="px-4 py-3">国产玻尿酸头部企业，产品"海薇"为国内知名品牌</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">鲁商发展</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">焦点生物</td>
|
||
<td class="px-4 py-3">收购 / 生产</td>
|
||
<td class="px-4 py-3">收购焦点生物股权（玻尿酸市场份额全球12%）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">福瑞达</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">透明质酸原料</td>
|
||
<td class="px-4 py-3">原料生产 / 生产</td>
|
||
<td class="px-4 py-3">拥有透明质酸原料产能420吨/年</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">双鹭药业</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">舒颜玻尿酸</td>
|
||
<td class="px-4 py-3">双交联型产品 / 生产</td>
|
||
<td class="px-4 py-3">国内唯一双交联型透明纸酸钠凝胶生产者</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">朗姿股份</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">芙妮薇·尊雅、芙妮薇·致雅、润洛薇</td>
|
||
<td class="px-4 py-3">自研品牌 / 研发、销售</td>
|
||
<td class="px-4 py-3">推出多款自主研发的玻尿酸品牌</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">江苏吴中</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">Humedix玻尿酸</td>
|
||
<td class="px-4 py-3">代理 / 销售</td>
|
||
<td class="px-4 py-3">取得韩国Humedix玻尿酸产品中国区独家代理权</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">水羊股份</td>
|
||
<td class="px-4 py-3">化妆品</td>
|
||
<td class="px-4 py-3">小分子玻尿酸</td>
|
||
<td class="px-4 py-3">技术突破 / 研发、生产</td>
|
||
<td class="px-4 py-3">通过重酿发酵工艺突破小分子玻尿酸生产技术</td>
|
||
</tr>
|
||
<tr class="bg-gray-50">
|
||
<td class="px-4 py-3 whitespace-nowrap font-medium text-blue-600">哈三联</td>
|
||
<td class="px-4 py-3">医药</td>
|
||
<td class="px-4 py-3">透明质酸钠修复贴</td>
|
||
<td class="px-4 py-3">修复类产品 / 生产</td>
|
||
<td class="px-4 py-3">生产透明质酸钠修复贴系列产品</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<script src="https://cdn.jsdelivr.net/npm/tsparticles@3/tsparticles.bundle.min.js"></script>
|
||
<script>
|
||
// 初始化粒子背景
|
||
tsParticles.load("particles-js", {
|
||
particles: {
|
||
number: {
|
||
value: 80,
|
||
density: {
|
||
enable: true,
|
||
value_area: 800
|
||
}
|
||
},
|
||
color: {
|
||
value: "#3b82f6"
|
||
},
|
||
shape: {
|
||
type: "circle"
|
||
},
|
||
opacity: {
|
||
value: 0.5,
|
||
random: false
|
||
},
|
||
size: {
|
||
value: 3,
|
||
random: true
|
||
},
|
||
line_linked: {
|
||
enable: true,
|
||
distance: 150,
|
||
color: "#93c5fd",
|
||
opacity: 0.4,
|
||
width: 1
|
||
},
|
||
move: {
|
||
enable: true,
|
||
speed: 2,
|
||
direction: "none",
|
||
random: false,
|
||
straight: false,
|
||
out_mode: "out",
|
||
bounce: false
|
||
}
|
||
},
|
||
interactivity: {
|
||
detect_on: "canvas",
|
||
events: {
|
||
onhover: {
|
||
enable: true,
|
||
mode: "grab"
|
||
},
|
||
onclick: {
|
||
enable: true,
|
||
mode: "push"
|
||
},
|
||
resize: true
|
||
},
|
||
modes: {
|
||
grab: {
|
||
distance: 140,
|
||
line_linked: {
|
||
opacity: 1
|
||
}
|
||
},
|
||
push: {
|
||
particles_nb: 4
|
||
}
|
||
}
|
||
},
|
||
retina_detect: true
|
||
});
|
||
</script>
|
||
</body>
|
||
</html>
|
||
``` |