芯原股份-U分析师会议 调研日期：2025年02月26日 调研行业：半导体 参与调研的机构：前海开源基金、信达澳亚基金、中欧基金、平 安养老保险、万方资产等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | ...

佰维存储分析师会议 调研日期：2025年02月19日 调研行业：半导体 参与调研的机构：南传基金、国海创新资本、建投投资、无锡创 新投资、大家资产等 / 机构调研pro小程序 DJvanbao.com 扫码关注 调研纪要精选公众号 的問悉各行业更流企业调研情况。 LIST 01 调研基本情况 02 详细调研机构 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | ...

Investment Rating - The report does not explicitly state an investment rating for the semiconductor industry or the specific company, 华润微 [13]. Core Insights - The company anticipates growth driven by trends in automotive intelligence and electronics, as well as emerging fields like AI and supercomputing, particularly in products such as MOSFETs, power ICs, MEMS, and modules [17]. - The semiconductor industry is currently in a recovery phase, with the company expecting product prices to remain stable compared to 2024 [18]. - 华润微's two 12-inch production lines are progressing, with the Shenzhen line having achieved production line status by the end of 2024 and the Chongqing line reaching a planned capacity of 30,000 wafers per month [18]. - The company follows an IDM business model, allowing for rapid market response and product strategy adjustments, supported by long-term experience in R&D, manufacturing processes, and customer loyalty [18]. - The company is focusing on R&D investments to quickly iterate and launch high-performance products while also laying out plans for future technologies [18]. - 华润微 has established partnerships with leading domestic automotive manufacturers, leveraging its production capacity and product range to meet the high-performance requirements of automotive electronics [18]. - The company has completed the series production of its SiC products, which are expected to see significant growth in applications such as electric vehicles, charging stations, and energy storage systems [18]. - For 2025, the company plans to focus on routine investments in process upgrades and equipment renewal, while also looking for quality investment opportunities due to its low debt ratio [19]. Summary by Sections 1. Basic Research Information - The research was conducted on 华润微 in the semiconductor industry on February 20, 2025, with participation from institutions like 国信证券, 博时基金, and Valiant Capital [13][14]. 2. Detailed Research Institutions - The institutions involved in the research include 国信证券 (Securities Company), 博时基金 (Fund Management Company), and Valiant Capital (Others) [14]. 3. Research Institution Proportion - The report does not provide specific data on the proportion of research institutions involved [16]. 4. Main Content Information - The main content includes insights on growth drivers, product price stability, production line progress, competitive advantages, R&D focus, automotive partnerships, SiC product advancements, and capital expenditure plans [17][18][19].

Investment Rating - The report does not explicitly state an investment rating for the optical and optoelectronic industry or the specific company being analyzed [1]. Core Insights - The company achieved a revenue of 876 million yuan in Q4 2024, representing a year-on-year growth of 30.21%, and a net profit of 192 million yuan, up 29.21% year-on-year [18]. - The company is optimistic about its growth in 2025, driven by strong downstream demand and the release of new production capacity [18][20]. - The company has maintained a compound annual growth rate (CAGR) of 32% in revenue and 56% in net profit from 2019 to 2024, indicating robust long-term growth potential [19][26]. - The company is actively pursuing capacity expansion and technological upgrades to enhance market share, particularly in high-generation TFT-LCD and semiconductor mask plate sectors [23]. Summary by Sections 1. Basic Research Information - The research focused on the company "Lu Wei Optoelectronics" within the optical and optoelectronic industry, conducted on February 25, 2025 [13]. 2. Detailed Research Institutions - Various investment institutions participated in the research, including Noan Fund, Huaxia Jiuying Fund, and CITIC Securities [14][15]. 3. Research Institution Proportion - The report does not provide specific data on the proportion of research institutions involved [16]. 4. Main Content Information - The company’s revenue for Q4 2024 was 273 million yuan, a 43% increase year-on-year and a 32% increase quarter-on-quarter [18]. - The company’s product demand is driven by the booming downstream market, with a focus on high-value products and cost reduction strategies [18][20]. - The company is positioned as a leader in advanced packaging mask plates, catering to various advanced packaging requirements [22]. - The company plans to continue expanding its production capacity and upgrading technology to maintain its competitive edge [23].

恩威医药分析师会议 调研日期：2025年02月26日 调研行业：中药 参与调研的机构：招商基金、广发基金、广发证券、金信基金、 博时基金等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | START SHI ...

咸亨国际分析师会议 调研日期：2025年02月24日 调研行业：仪器仪表 参与调研的机构：国投机械、国信机械、民生轻工、Stewart Investors、华泰保兴等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 LIST 01 调研基本情况 02 详细调研机构 03 调研机构占比 04 主要内容资料 调研基本情况 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦 ...

实朴检测分析师会议 调研日期：2025年02月25日 调研行业：专业服务 参与调研的机构：华创证券、中证乾元、君唐资产、东兴证券、 厚德资产等 / 机构调研pro小程序 DJvanbao.com 关注公众号即可体验 机构调研pro小程序~ 扫码关注 调研纪要精选公众号 的問悉各行业更流企业调研情况。 LIST 01 调研基本情况 02 详细调研机构 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: ...

广电计量分析师会议 调研日期：2025年02月26日 调研行业：专业服务 参与调研的机构：广发证券、厚特投资、沪光国际投资、天猊投 资、国融基金等 / | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | START SHILL CARD | | | 颜的集团 | | | 例体位次数 4 | 24/40 33 | | FININ EXIAN, BENN, LEWI | | | 極力集团 | | | · 例计以上的 8 | 品机构管 23 | 详细调研机构 | 接待对象 | 接待对象类型 | 机构相关人员 | | --- | --- | --- | ...

沃尔德分析师会议 调研日期：2025年02月24日 调研行业：通用设备 参与调研的机构：长盛基金、幸褔人寿、光大永明资产、亚太财 险、嘉实基金等 / | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | START SHILL CARD | | | 颜的集团 | | | 例体位次数 4 | 24/40 33 | | FININ EXIAN, BENN, LEWI | | | 極力集团 | | | · 例计以上的 8 | 品机构管 23 | 调研基本情况 调研对象：沃尔德 所属行业：通用设备 接待时间：2025-02-24 上市公司接待人员：董事、 ...

长华集团分析师会议 调研日期：2025年02月24日 调研行业：汽车零部件 参与调研的机构：国泰基金、东财电新、北京风炎、民生加银基 金、见合私募等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | STAR ...