FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中芯國際集成電路製造有限公司 呈交日期： 2025年9月30日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 00981 | 說明 | 港股 | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | 已發行股份總數 | | 事件 | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前 ...

Core Viewpoint - The support for hard technology companies to go public is not only a reform of the financial market but also a core measure for the country to promote the transformation of development models and compete for future strategic high ground [2][7]. Group 1: Market Trends - In 2025, China's capital market is entering a technology-driven bull market, with a significant increase in the number of hard technology IPOs, accounting for nearly 60% of total IPOs [3][9]. - As of September 18, 2025, A-share IPOs have raised a total of 67.21 billion yuan, a year-on-year increase of 50.2%, with 70 companies going public, marking a recovery from the previous two years of decline [8][9]. - The Hong Kong market has also seen a surge in IPOs, with a total of 145.98 billion HKD raised, a year-on-year increase of 161.83% [8][10]. Group 2: Policy Support - The implementation of the "1+6" new policy for the Sci-Tech Innovation Board and the introduction of a third set of listing standards for the Growth Enterprise Market have broadened the listing pathways for unprofitable technology companies [4][19]. - The government has introduced a series of policies to promote the deep integration of technology and capital, creating a more favorable growth environment for hard technology companies [4][19]. Group 3: Institutional Involvement - Since the establishment of the Sci-Tech Innovation Board in 2019, more private equity institutions have chosen to invest in companies at the early stages of industrialization, facilitating rapid capital turnover [5][27]. - Securities firms are increasing their project reserves for hard technology IPOs, leveraging a comprehensive service network to promote resource integration and technology transformation [5][28]. Group 4: Future Outlook - The upcoming "15th Five-Year Plan" is expected to focus heavily on technology, with many institutions believing that technology will be a key theme in the plan [40][41]. - The capital market's support for hard technology companies is anticipated to accelerate core technology research and development, enhance industry chain integration, and improve China's position in global technology competition [34][35].

Core Insights - On September 30, 2025, Alibaba-W (09988), SMIC (00981), and Tencent Holdings (00700) were the top three companies by trading volume in the southbound trading of the Stock Connect, with trading amounts of 8.849 billion, 4.310 billion, and 3.283 billion respectively [1] - In the Shenzhen-Hong Kong Stock Connect, Alibaba-W (09988), SMIC (00981), and Xiaomi Group-W (01810) also led the trading volume, with amounts of 5.056 billion, 3.306 billion, and 2.030 billion respectively [1] Southbound Trading Highlights - **Top Active Companies in Southbound Trading (Hong Kong Stock Connect)** - Alibaba-W (09988): Trading amount of 8.849 billion, net inflow of 1.509 billion - SMIC (00981): Trading amount of 4.310 billion, net inflow of 0.656 billion - Tencent Holdings (00700): Trading amount of 3.283 billion, net inflow of 0.811 billion - Xiaomi Group-W (01810): Trading amount of 3.092 billion, net inflow of 0.716 billion - Huahong Semiconductor (01347): Trading amount of 2.642 billion, net inflow of 0.231 billion [2] - **Top Active Companies in Southbound Trading (Shenzhen-Hong Kong Stock Connect)** - Alibaba-W (09988): Trading amount of 5.056 billion, net inflow of 2.120 billion - SMIC (00981): Trading amount of 3.306 billion, net outflow of 0.423 billion - Xiaomi Group-W (01810): Trading amount of 2.030 billion, net inflow of 0.339 billion - Huahong Semiconductor (01347): Trading amount of 1.961 billion, net inflow of 0.704 billion - Tencent Holdings (00700): Trading amount of 1.400 billion, net inflow of 0.323 billion [2]

Group 1 - Southbound funds net purchased Hong Kong stocks worth 15.48 billion HKD today [1] - Notable net purchases include Alibaba-W at 3.629 billion HKD, Tracker Fund at 1.433 billion HKD, and Xiaomi Group-W at 1.055 billion HKD [1] - Southbound funds have continuously net purchased Alibaba for 28 days, totaling 78.98389 billion HKD [1] Group 2 - Southbound funds have net purchased Xiaomi for 3 consecutive days, totaling 2.65616 billion HKD [1] - Other significant net purchases include Hua Hong Semiconductor at 934 million HKD, Kuaishou-W at 622 million HKD, and SMIC at 613 million HKD [1]

中芯国际(00981)发布公告，于2025年9月15日至9月30日，根据2014以... 中芯国际(00981)发布公告，于2025年9月15日至9月30日，根据2014以认股权计划(于2013年6月13日获采 纳)合计发行33.95万股。 于2025年9月30日，非本公司董事因行使根据2014以股支薪奖励计划(于2013年6月13日获采纳)所授予的 受限制股份单位而发行的8.54万股普通股股份。 于2025年9月30日，非本公司董事因行使根据2024年股份奖励计划(于2023年6月28日获采纳)所授予的限 制性股票单位而发行的3.43万股普通股股份。追加内容 本文作者可以追加内容哦 ! ...

于2025年9月30日，非本公司董事因行使根据2024年股份奖励计划(于2023年6月28日获采纳)所授予的限 制性股票单位而发行的3.43万股普通股股份。 智通财经APP讯，中芯国际(00981)发布公告，于2025年9月15日至9月30日，根据2014以认股权计划(于 2013年6月13日获采纳)合计发行33.95万股。 于2025年9月30日，非本公司董事因行使根据2014以股支薪奖励计划(于2013年6月13日获采纳)所授予的 受限制股份单位而发行的8.54万股普通股股份。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中芯國際集成電路製造有限公司 呈交日期： 2025年9月30日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 00981 | 說明 | 港股 | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | 已發行股份總數 | | 事件 | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前 ...

Group 1: Market Overview - In September, global asset prices experienced significant fluctuations, with notable volatility in A-shares, Hong Kong stocks, and U.S. markets, particularly in sectors like precious metals, semiconductors, and innovative pharmaceuticals [1][3] - The market showed a dual driving force of "technology growth" and "cyclical recovery," with structural growth highlights attracting capital despite a generally slowing macroeconomic environment [3][12] Group 2: Top Performing Sectors - Precious metals, particularly gold and silver, saw a substantial rise, with A-shares and Hong Kong stocks related to these commodities performing exceptionally well, driven by historical highs in international gold prices [3][4] - The battery supply chain, especially solid-state batteries and energy metals like lithium, cobalt, and nickel, gained attention due to increased demand and valuation recovery, reflecting optimism about long-term trends in energy storage [5][8] - The wind power sector experienced a turnaround, with significant growth in new installations and improved profitability expectations, marking a shift from revenue growth to profit recovery [9] - The semiconductor industry, particularly in AI-related technologies, saw a surge in demand, leading to substantial stock price increases for leading companies in this space [10][12] Group 3: Underperforming Sectors - The military industry, which had previously seen significant gains, faced a sharp decline in September, with many stocks experiencing over 40% pullbacks following the conclusion of major events [13][14] - Banking stocks, traditionally seen as stable investments, faced a collective downturn as funds shifted towards more popular sectors, with several banks experiencing declines of over 20% [15][17] - The food and beverage sector continued to struggle, with a notable drop in demand and performance, particularly in the liquor and snack segments, leading to significant underperformance compared to the broader market [19][25] Group 4: Technology Giants Performance - In the Hong Kong market, Alibaba and Tencent were standout performers, with Alibaba's stock rising by 53% and Tencent by 11.15%, reflecting strong market sentiment towards technology stocks [28][29] - In the U.S. market, September defied historical trends, with the S&P 500 and Nasdaq indices posting gains of 3.11% and 5.29%, respectively, driven by strong performances from tech giants like Nvidia, Apple, and Tesla [30][32] Group 5: Future Outlook - The overall market performance in September was influenced by global liquidity conditions and capital flows into emerging markets, suggesting a continuation of a "slow bull" market trend into October [33]

Core Insights - The article discusses the significant fluctuations in global asset prices during September, highlighting the volatility in A-shares, Hong Kong stocks, and U.S. markets, with various sectors experiencing dramatic rises and falls [2][5]. Market Performance - Despite a general slowdown in macroeconomic data, the market is focusing on structural growth areas such as computing power, semiconductors, and innovative drug development, which continue to attract capital [7]. - The precious metals sector, particularly gold and silver, saw substantial gains, with A-shares like Western Gold rising over 50% and some Hong Kong gold stocks increasing by more than 300% year-to-date [8][9]. Sector Highlights - **Top Gainers**: - **Precious Metals**: Gold prices reached historical highs, driven by expectations of a Federal Reserve rate cut and geopolitical tensions, leading to increased demand for safe-haven assets [8][10]. - **Battery and Energy Metals**: The battery supply chain gained attention due to solid-state battery production and rising demand in the energy storage market, leading to a valuation recovery in lithium and other energy metals [10][12]. - **Wind Power**: The wind power sector experienced a turnaround with significant new installations and improved profit expectations, with domestic wind power installations increasing by 99% year-on-year [13]. - **Semiconductors**: The semiconductor sector thrived due to the AI boom, with companies like SMIC and Hua Hong Semiconductor seeing substantial stock price increases [14]. Declining Sectors - **Military Stocks**: Following a peak driven by policy expectations and military trade themes, military stocks experienced significant declines, with some stocks dropping over 40% in September [17][18]. - **Banking Stocks**: Traditionally seen as stable investments, banking stocks faced a collective decline as funds shifted towards more popular sectors, with several banks experiencing over 20% drop in stock prices [19][22]. - **Food and Beverage**: The food and beverage sector continued to struggle, with a significant drop in stock prices due to weak consumer demand and poor sales performance during peak seasons [23][25]. - **Traditional Consumer Goods**: Other traditional consumer sectors like tourism and home appliances also saw declines, attributed to insufficient recovery in macroeconomic demand [33][35]. Technology Giants - In the tech sector, major players like Alibaba and Tencent saw significant stock price increases, with Alibaba rising by 53% in September, while the U.S. tech giants also performed well, with Nvidia and Tesla showing notable gains [37][39]. Overall Market Outlook - The article concludes that the global stock market performance in September reflects a broader trend of liquidity easing and capital inflow into emerging markets, suggesting potential structural opportunities in the upcoming months [42].

Core Insights - The Hong Kong stock market saw a net inflow of 154.8 billion HKD from Northbound trading on September 30, with the Shanghai-Hong Kong Stock Connect contributing 90.79 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing 64.01 billion HKD [1] Group 1: Major Stocks - Alibaba-W (09988) received a net inflow of 51.79 billion HKD, with total trading volume reaching 88.49 billion HKD, reflecting a net increase of 15.09 billion HKD [2] - Semiconductor stocks saw significant interest, with SMIC (00981) attracting a net inflow of 24.83 billion HKD and Huahong Semiconductor (01347) receiving 9.34 billion HKD [6] - Tencent (00700) garnered a net inflow of 11.34 billion HKD, driven by the launch of its multimodal model, which is expected to enhance AI application development [5] Group 2: Market Trends - The overall valuation of the Hong Kong stock market remains low despite recent gains, suggesting long-term investment opportunities, particularly in the context of ongoing AI industry trends and potential interest rate cuts by the Federal Reserve [5] - The domestic AI chip industry is experiencing a breakthrough, with a full industry chain integration from advanced processes to model acceleration, indicating strong growth potential for domestic AI computing facilities [6] - Xiaomi Group-W (01810) achieved a net inflow of 10.54 billion HKD, with record-breaking sales for its 17 series smartphones, indicating a rapid increase in market share in the high-end smartphone segment [5]