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苏州天脉导热界面材料产品性能国内领先，并接近莱尔德、富士高分子等国

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所属报告：

【开源证券】次新股说（2025第4期）：本批新恒汇、屹唐股份、苏州天脉等值得重点跟踪-250922（44页）.pdf

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行业内少数掌握中高端导热界面材料、热管与均温板产品量产能力的企业，在热管、均温板、导热界面材料领域建立差异化竞争优势。公司自成立以来，始终专注于热管理材料及器件的研发、生产与销售，经过多年的技术攻关和研究试验，公司掌握了包括粉体复配技术、粉体表面改性工艺、平头热管加工技术在内的多项核心技术，并不断完善材料配方、产品设计、技术工艺，在导热散热领域积累了较强的技术优势。作为行业内少数掌握中高端导热界面材料、热管与均温板产品量产能力的企业，在导热界面材料领域，公司现已形成热界面材料、热扩散材料、热辐射材料、相变储热材料、粘接密封类材料 5 个大类的导热界面产品，包含导热凝胶、导热片、相变化材料、散热膏、液态金属、石墨片等 19 个小类，公司生产的导热界面材料导热系数最高可以达到 15W/m.K，产品关键指标性能与国际市场竞争对手水平相当；在热管与均温板领域，公司是行业内较早进行超薄热管、均温板产品研发的企业，凭借在该领域的技术积累和先发优势，公司在短时间内通过了多个国内外知名品牌终端客户的认证测试，实现相关产品的规模化量产出货。目前，公司可量产热管、均温板厚度最低可以分别做到 0.3mm、0.22mm，对应传热量均达到 5W 以上，内部核心毛细结构全部实现自主生产，工艺技术处于同行业较高水平。截至 2025年上半年，公司（含子公司）共拥有 98 项专利，其中发明专利 17 项，并有多项专利技术正在申请中。这些专利成果为公司的持续发展和市场竞争力的提升奠定了坚实的基础。

行业数据原图定位