东莞证券认为，展望2026年，该行认为人工智能仍为科技行业创新主线，算力、存力、设备、先进封装 等多环节有望受益。以算力芯片为例，近年来国内AI芯片企业快速发展并在国产替代方面取得阶段性 成果，摩尔、沐曦等企业加快资本市场布局，叠加腾讯等互联网厂商积极适配国产算力芯片，行业国产 算力生态有望加速形成。一方面，关注AI带来的半导体硬件增量机遇，另一方面，关注外部限制之下 算力、存储、设备等环节的国产替代进程。 芯片股多数走高，截至发稿，华虹半导体(01347)涨4.01%，报79.1港元；中芯国际(00981)涨3.58%，报 72.25港元；上海复旦(01385)涨3.14%，报42.02港元。 消息面上，据美国半导体行业协会（SIA）的最新数据，10月全球半导体销售额同比激增33%，总额达 713亿美元（约合人民币5040亿元），其中DRAM销售额同比飙升90%。分析认为，这背后的最大助推 力是，人工智能（AI）推动需求激增，大量行业产能转向用于AI加速器的高带宽内存（HBM），导致 用于标准DRAM和3D NAND的晶圆产出减少。 ...

截至发稿，华虹半导体(01347.HK)跌3.48%、上海复旦(01385.HK)跌2.01%、中芯国际(00981.HK)跌 1.50%。 ...

Group 1 - The core viewpoint of the articles highlights significant stock movements in the Hong Kong and US markets, driven by company announcements and strategic partnerships [1][2][5][6][7]. Group 2 - Gilead Sciences-B (01672) saw a nearly 9% increase after announcing a share buyback plan, utilizing up to 300 million HKD for repurchases [1]. - OSL Group (00863) rose nearly 2% as it plans to offer compliant digital asset trading services in Europe by Q1 2026 [1]. - Gako Science-B (01167) increased over 5% following a 125 million RMB payment from Haisheng Capital, enhancing its cash reserves for oncology therapy development [1]. - Zhida Technology (02650) surged over 4%, reaching a new high, after signing a sales order exceeding 100 million RMB with Saudi Controls Ltd for a five-year collaboration [2]. - Capital界金控 (00204) fell over 40%, marking a historical low, with a cumulative decline exceeding 80% for the week [2]. - Semiconductor stocks performed well, with Huahong Semiconductor (01347) up 3.18%, Shanghai Fudan (01385) up 2.79%, and SMIC (00981) up 1.86% [2]. - Pacific Shipping (02343) rose nearly 5% as the Baltic Dry Index reached 2845 points, a 9.42% increase, marking the largest rise since October 2025 [3]. - Aoda Holdings (09929) resumed trading with a surge of over 200%, following a major share sale involving 1.5 billion shares at a price of 0.11 HKD per share [4]. - Robotics stocks saw significant gains, with Dechang Motor Holdings (00179) up 9.11% and Sanhua Intelligent Control (02050) up 9.06% [4]. - Ansem Semiconductor (ON.US) rose 11.01% after announcing a strategic partnership with Innosec to advance GaN technology applications [5]. - The Nasdaq Golden Dragon Index fell 1.38%, with notable declines in popular Chinese stocks like Xpeng Motors (XPEV.US) down 4.02% and Alibaba (BABA.US) down 1.89% [5]. - Microchip Technology (MCHP.US) increased by 12.17% after raising its revenue and earnings per share forecasts due to strong booking performance [6]. - Bitcoin-related stocks saw gains, with Iren Ltd (IREN.US) up 6.91% and Coinbase (COIN.US) up 5.19% [6]. - The robotics sector in the US experienced a boost, with Richtech Robotics (RR.US) up 18.54% and iRobot (IRBT.US) up 73.85% amid government support for the industry [7].

Group 1 - Semiconductor stocks are performing well, with Huahong Semiconductor rising by 3.45% to HKD 76.5, Shanghai Fudan increasing by 2.63% to HKD 39.78, and SMIC up by 1.86% to HKD 68.45 [1] - Moore Threads announced that its stock will be listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 5, 2025 [1] - Muxi Co., Ltd. confirmed its IPO pricing at CNY 104.66 per share, resulting in a market capitalization of CNY 41.8 billion [1] Group 2 - Shanghai Securities reported that the global wafer foundry industry revenue is expected to grow by 22.1% year-on-year in 2025, driven by AI and electric vehicles [1] - CITIC Securities projected that the Chinese AI chip market size will increase from USD 35-40 billion in 2025 to 7-9 times that amount by 2030, with growth rates surpassing the global average [1] - The domestic production rate of AI chips in China is anticipated to rise from 30-40% in 2025 to 60-70% by 2030 [1]

Core Viewpoint - Semiconductor stocks are experiencing significant gains in early trading, indicating positive market sentiment towards the sector [1][2]. Group 1: Stock Performance - Hua Hong Semiconductor (01347) has risen by 3.45%, trading at HKD 76.50 [1][2]. - Shanghai Fudan (01385) has increased by 2.79%, with a current price of HKD 39.84 [1][2]. - SMIC (00981) has seen a rise of 1.86%, currently priced at HKD 68.45 [1][2].

Group 1 - Shanghai Fudan Microelectronics Group Co., Ltd. has been recognized in both the "2025 Shanghai Hard Technology Enterprises TOP 100" and the "Industry Standards TOP 50" lists, highlighting its strong R&D capabilities and industry influence [2][3] - The "Hard Technology Enterprises TOP 100" list features companies primarily from the "3+6" industrial system, with an average R&D expenditure of 824 million yuan and over 30,000 invention patents [2] - The "Industry Standards TOP 50" focuses on technological innovation and standard leadership, covering key areas such as technology, manufacturing, and environmental protection, recognizing companies that establish industry barriers through original technology breakthroughs and high R&D investment [2] Group 2 - This marks the fourth consecutive year that Fudan Microelectronics Group and its subsidiary Shanghai Hualing Integrated Circuit Technology Co., Ltd. have made the lists, reflecting the company's solid foundation built over the years [3] - The company emphasizes R&D innovation as its core, possessing high-level innovation platforms such as the National Enterprise Technology Center and the Shanghai Design Innovation Center, and has accumulated hundreds of patents and integrated circuit layout design registrations [3] - Fudan Microelectronics Group aims to continue its commitment to hard technology, actively participating in the construction of industrial ecosystems and standard systems, contributing to the high-quality development of China's integrated circuit industry [3]

Group 1 - The company announced adjustments to the members of its specialized committees during the sixth meeting of the tenth board of directors held on December 2, 2025 [1] - The second extraordinary general meeting of shareholders was also held on December 2, 2025, with no resolutions being rejected [2] - The meeting was conducted in accordance with the Company Law and the company's articles of association, combining on-site and online voting methods [3] Group 2 - All current directors and supervisors attended the meeting, with a total of 9 directors and 3 supervisors present [4] - Several proposals were approved during the meeting, including the permanent replenishment of surplus funds from the initial public offering and amendments to the company's articles of association and governance systems [5][6] - The election of Mr. Zhang Yuming as an independent director of the tenth board was also approved [6] Group 3 - The meeting was witnessed by Shanghai Jintiancheng Law Firm, confirming that the procedures followed were in compliance with relevant laws and regulations [7][8]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 上海復旦微電子集團股份有限公司 Shanghai Fudan Microelectronics Group Company Limited* (在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ) (股 份 編 號: 1385) 海外監管公告 本公告乃上海復旦微電子集團股份有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第 13.10B 條的規定刊發。 茲載列本公司於上海證券交易所網站刊發的《2025 年第二次臨時股東大會决議公告》， 僅供參閱。 承董事會命 上 海 復 旦 微 電 子 集 團 股 份 有 限 公 司 董事長 張衛先生 中國，上海，2025 年 12 月 2 日 於本公告日期，本公司之執行董事為張衛先生及沈磊先生； 非執行董事為閆娜女士、 莊啟飛先生、張睿女士及宋加勒先生；獨立非執行董事為石艶玲女士、王美娟女士、胡 雪先生及張玉明先生; 職工董事為沈 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 上海復旦微電子集團股份有限公司 Shanghai Fudan Microelectronics Group Company Limited* (在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ) 茲載列本公司於上海證券交易所網站刊發的《2025 年第二次臨時股東大會之法律意見 書》，僅供參閱。 上海市锦天城律师事务所 关于上海复旦微电子集团股份有限公司 2025 年第二次临时股东大会之 承董事會命 上 海 復 旦 微 電 子 集 團 股 份 有 限 公 司 董事長 張衛先生 中國，上海，2025 年 12 月 2 日 於本公告日期，本公司之執行董事為張衛先生及沈磊先生； 非執行董事為閆娜女士、 莊啟飛先生、張睿女士及宋加勒先生；獨立非執行董事為石艶玲女士、王美娟女士、胡 雪先生及張玉明先生; 職工董事為沈鳴杰先生。 *僅供識別 (股 份 編 號: 1385) 海外監管公告 上海 ...

上海复旦微电子集团股份有限公司（以下简称"公司"）于 2025 年 12 月 2 日召开第十届董事会第六次会议，审议通过《关于调整董事会专门委员会的 议案》的议案，同意对第十届董事会部分专门委员会的人员组成进行调整。调 整后的各专门委员会成员如下： | 委员会 | 调整前 | 调整后 | | --- | --- | --- | | 审计委员会 | 王美娟（召集人）、石艳玲、胡雪 | 王美娟（召集人）、石艳玲、胡雪 | | 提名委员会 | 胡雪（召集人）、石艳玲、闫娜 | 胡雪（召集人）、石艳玲、闫娜 | | 薪酬与考核委员会 | 石艳玲（召集人）、王美娟、胡雪 | 石艳玲（召集人）、王美娟、沈鸣杰 | | 战略与投资委员会 | 张卫（召集人）、沈磊、张睿、石艳玲 | 张卫（召集人）、沈磊、张睿、石艳玲、张玉明 | | 环境、社会及管治 委员会 | 张卫（召集人）、沈磊、王美娟 | 张卫（召集人）、沈磊、王美娟、沈鸣杰 | 特此公告。 | A | 股证券代码：688385 | 证券简称：复旦微电 | 公告编号：2025-057 | | --- | --- | --- | --- | | 港股证券代码：01385 ...