Analysis of Mingguan New Materials (688560) - Strong Stock Pool Inclusion vs. Persistent Performance Challenges

Based on tushare_strong_pool data, Mingguan New Materials (688560) was included in the strong stock pool recently. However, the company struggles with persistent financial difficulties, including consecutive years of losses, which contrast with this technical signal [0].

Mingguan New Materials is a科创板-listed company [4] specializing in new energy materials R&D, production, and sales for new energy vehicles and energy storage batteries [1]. Despite its strategic focus, the company reported a net loss of 5270.53万元 in H1 2025, marking three consecutive years of losses [2]. The photovoltaic film industry faces intense price competition, with Mingguan not ranking among the top three in 2024出货 volumes [3].

The inclusion in the strong stock pool may reflect short-term technical momentum but does not align with long-term fundamental weaknesses. Industry headwinds (price内卷, U.S. tariffs) and consecutive losses pose significant challenges to the company’s sustainability [0,2].

: Ongoing industry price pressure, U.S. tariff impacts on overseas orders, and sustained profitability issues [2]. : Overseas expansion via Vietnam base, though subject to geopolitical and policy uncertainties [0].

Mingguan New Materials’ strong stock pool inclusion should be viewed alongside its fundamental struggles. Investors need to balance technical signals with the company’s financial performance and industry context [0,2,3].