万业企业公告，第二大股东三林万业（上海）企业集团有限公司因自身资金需求，拟自披露后15个交易 日届满起至2025年9月15日—2025年12月14日期间，通过集中竞价和大宗交易方式合计减持不超过 2567.6万股，占公司总股本2.76%。其中，集中竞价减持不超过911万股，大宗交易减持不超过1656.6万 股。 ...

Investment Rating - The report rates the bismuth industry as "Positive" [4] Core Insights - Short-term bismuth supply and demand are in a weak balance, with tight raw material supply supporting high prices, but weak exports and high inventory levels limit recovery space, leading to a potential price fluctuation in the short term. In the medium to long term, domestic environmental regulations will tighten, maintaining a tight supply of smelting raw materials, with supply growth expected to be only 2-4%. Meanwhile, demand from electronics, photovoltaic solder, and semiconductor thermoelectric materials is expected to grow at 8-10%, leading to a gradual convergence of supply surplus and a balanced state in the next 2-3 years [1][2][3]. Supply Side - China dominates global bismuth supply, accounting for 75% of the 23,940 tons produced in 2023. The expansion of production capacity is constrained by raw material shortages, with supply growth expected to be around 2-4% [2][25][26]. - The supply of refined bismuth is limited due to a continuous shortage of raw materials, particularly bismuth ore and recycling materials from lead and copper production. Current visible inventory levels are decreasing, indicating reduced inventory pressure [26][28]. Demand Side - Domestic bismuth consumption remains focused on traditional sectors, but high-tech demand from semiconductors and renewable energy is creating a second growth curve for bismuth. Overall consumption has been stable, with significant growth expected in electronics and semiconductors [2][31][34]. - China is the largest exporter of bismuth, with over 60% of bismuth metal used for export. Long-term export volumes are expected to return to normal levels, with a shift from metal bismuth to bismuth oxide exports [34]. Industry Development Trends - The bismuth industry is transitioning towards high-value-added products, with a focus on high-purity bismuth and advanced bismuth-based materials. There is a notable technological gap compared to Europe, the US, and Japan in high-end bismuth products [3][19]. - The report highlights the potential applications of bismuth in superconductors, nuclear reactor coolants, and electronic devices, indicating a strong future demand in high-tech fields [36][41][42].

Group 1 - The company announced that its wholly-owned subsidiary, Nantong Wanye Technology Development Co., Ltd., has committed to invest 299 million yuan as a limited partner in the establishment of the Chongqing Liangjiang Chip Venture Capital Fund [2] - The Chongqing Liangjiang Chip Venture Capital Fund has completed its registration and obtained a business license from the Chongqing Liangjiang New Area Market Supervision Administration on July 30, 2025 [2] - The fund has been registered with the Asset Management Association of China and has received the Private Investment Fund Registration Certificate [3] Group 2 - The fund is managed by Shanghai Semiconductor Equipment Materials Industry Investment Management Co., Ltd. and is custodied by Zheshang Securities Co., Ltd. [3] - The company will fulfill its information disclosure obligations based on the fund's subsequent operational status [3]

上海万业企业股份有限公司 关于全资子公司参与发起设立股权投资基金 的进展情况公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 基本情况 2025 年 7 月 11 日，上海万业企业股份有限公司（以下简称"公 司"）第十二届董事会临时会议审议通过了相关议案并披露了《关于 全资子公司参与发起设立股权投资基金暨关联交易的公告》（公告编 号：临 2025-039），公司全资子公司南通万业科技发展有限公司（以 下简称"南通万业"）作为有限合伙人（LP）认缴出资 2.99 亿元， 参与投资设立重庆两江芯徵程半导体私募股权投资基金合伙企业（有 限合伙）（以下简称"合伙企业"或"重庆两江产业基金"）。 后经工商核准，重庆两江产业基金办理完成工商登记注册手续， 于 2025 年 7 月 30 日取得重庆两江新区市场监督管理局核发的《营业 执照》。详情请见公司《关于全资子公司参与发起设立股权投资基金 的进展情况公告》（公告编号：临 2025-041）。 二、 进展情况 证券代码：600641 证券简称：万业企业 公告编号：临 2025- ...

Market Overview - The Shanghai Composite Index rose by 0.85% on August 18, with 29 sectors experiencing gains, led by the communication and comprehensive sectors, which increased by 4.46% and 3.43% respectively [1] - The real estate and oil & petrochemical sectors were the biggest losers, declining by 0.46% and 0.10% respectively, with the real estate sector at the top of the decline list [1] Capital Flow Analysis - The net outflow of capital from the two markets was 16.057 billion yuan, with 8 sectors seeing net inflows. The electronics sector led with a net inflow of 5.040 billion yuan and a daily increase of 2.48%, followed by the communication sector with a net inflow of 4.904 billion yuan and a daily increase of 4.46% [1] - The non-bank financial sector had the largest net outflow, totaling 7.087 billion yuan, followed by the power equipment sector with a net outflow of 5.090 billion yuan. Other sectors with significant outflows included pharmaceuticals, basic chemicals, and real estate [1] Real Estate Sector Performance - The real estate sector declined by 0.46% with a total net outflow of 2.004 billion yuan. Out of 100 stocks in this sector, 40 rose, including 1 hitting the daily limit, while 45 fell, including 1 hitting the lower limit [2] - Among the stocks with net inflows, the top three were Tibet Urban Investment with a net inflow of 55.565 million yuan, Tianbao Infrastructure with 33.574 million yuan, and Rongsheng Development with 22.805 million yuan [2] - The stocks with the largest net outflows included Wantong Development with a net outflow of 757.669 million yuan, Quzhou Development with 581.442 million yuan, and Poly Development with 179.508 million yuan [3]

Investment Rating - The industry investment rating is "Overweight" [3] Core Viewpoints - The report emphasizes the significant growth potential in the humanoid robotics sector, with a projected cumulative global demand of approximately 2 million units by 2030, indicating a critical breakthrough phase from 0 to 1 [6][20] - The report highlights the acceleration of N-type penetration in photovoltaic equipment, strengthening the competitive edge of leading companies under the Matthew effect [21] - The energy storage sector is identified as essential for building a new type of power grid, with favorable policies enhancing industry prosperity [21] - The semiconductor equipment market is expected to reach $140 billion by 2030, with an increasing share from mainland China, although the domestic production rate remains low [21] - The automation market, particularly industrial consumables, is projected to grow from approximately 40 billion to 55.7 billion by 2026, benefiting from increased concentration and import substitution [22] - Hydrogen energy, particularly green hydrogen, aligns with carbon neutrality goals, supported by the rapid development of photovoltaic and wind energy [21] Summary by Sections Humanoid Robotics - Key companies recommended for investment include Huasheng Tiancai, Sanhui Electric, and Zhejiang Rongtai, among others [4] - The report discusses the recent humanoid robot sports event in Beijing, showcasing over 500 robots from 16 countries competing in various categories [15][20] - The introduction of the Genie Envisioner platform by Zhiyuan Robotics is noted as a significant advancement in the field, integrating video generation with robotic control [11][20] Photovoltaic Equipment - The report suggests focusing on leading companies like Maiwei and Jiejiacreating, which possess technological innovation and customer base advantages [21] - The overall price center of the photovoltaic industry chain is declining, with a focus on cost and efficiency improvements [21] Energy Storage - The report highlights the favorable policies for both generation-side and user-side energy storage, driving comprehensive development in the sector [21] - Companies like Xingyun and Kexin are identified as key players in the energy storage market [21] Semiconductor Equipment - The semiconductor equipment market is projected to double in the next decade, with a significant increase in demand for domestic production [22] - Companies such as Zhongwei and Beifang Huachuang are recommended for investment [22] Automation - The automation market is expected to grow significantly, with a focus on industrial consumables and the potential for leading companies to benefit from increased market concentration [22] Hydrogen Energy - The report emphasizes the importance of green hydrogen in achieving carbon neutrality, recommending companies like Longi Green Energy and Yihua Tong for investment [21]

Core Viewpoint - The semiconductor industry in A-shares is experiencing a downturn due to the cyclical nature of the sector and slow recovery in consumer electronics demand, leading to widespread declines in net profits among listed companies. However, some leading firms have shown signs of recovery in the second quarter, driven by sectors like artificial intelligence, automotive electronics, and power grids. Group 1: Semiconductor Design Companies - Chip design companies are accelerating inventory reduction, with many reporting a decline in performance in the first half of the year, but some have stabilized and shown growth in the second quarter [2][3] - Rockchip, a leader in AIoT chips, expects revenue of approximately 858 million yuan, a year-on-year decrease of about 31%, but a sequential growth of around 60% in the second quarter [2] - GigaDevice, a leader in Nor Flash memory, anticipates a net profit of about 340 million yuan, down over 70% year-on-year, but with a nearly 30% increase from the first quarter [2] Group 2: Fingerprint Recognition and Wireless Chip Companies - Goodix, a leader in fingerprint recognition chips, expects revenue of about 2.02 billion yuan, a year-on-year increase of approximately 10.5%, but a net loss of about 137 million yuan [3] - Broadcom Integrated anticipates a net loss of between 64.8 million and 43.3 million yuan for the first half of 2023, with some improvement in the second quarter [3] - Zhaoxin Microelectronics, heavily reliant on the mobile market, expects a revenue decline of 25.48% year-on-year, with a net profit decrease of 50.01% to 55.06% [3] Group 3: Packaging and Testing Companies - Packaging and testing companies are showing significant sequential growth, with Tongfu Microelectronics reporting revenue of approximately 9.909 billion yuan, a year-on-year increase of 3.58%, but a net loss of 17 to 19.8 million yuan [7] - Longji Technology, a leading packaging and testing company, expects a net profit of 446 to 546 million yuan, a year-on-year decrease of 64.65% to 71.08%, but a significant increase in the second quarter [8] - Crystal Technology anticipates a net profit of 70 to 80 million yuan, a year-on-year decline of 58.11% to 63.35%, but expects to double its profit in the second quarter compared to the first [9] Group 4: Equipment Companies - Despite the overall semiconductor sector being in a downturn, equipment companies are experiencing rapid growth, with North Huachuang reporting revenue of 7.82 to 8.95 billion yuan, a year-on-year increase of 43.65% to 64.41% [10] - Zhongwei Company, a leader in etching equipment, expects revenue of approximately 2.527 billion yuan, a year-on-year increase of about 28.13%, with a net profit increase of 109.49% to 120.18% [11] - Wan Ye Enterprises is increasing its focus on integrated circuits, expecting a net profit of about 118 million yuan, a year-on-year increase of approximately 316% [12]

万业企业（600641.SH）8月4日在投资者互动平台表示，截至2025年一季度，公司在铋业务端实现8000 万元以上的收入。2025年度上半年，随着安徽万导铋业务的持续开展，有效增厚了公司上半年收入和利 润。相关业务进展请关注公司后期披露的定期报告。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：铋金属广泛应用于冶金、电子、医药、核工业等领 域，其核心用途包括制造低熔点合金、冶金添加剂、医疗药物、电子元件及环保替代材料。请问铋金属 比公司收入百分比有多少？ ...

| 房号 | | | 股东名称 | 持股比例 ÷ | 认缴出资额 ÷ | 认缴出资日期 ÷ | | --- | --- | --- | --- | --- | --- | --- | | | 用得 电子 | 安徽万导电子科技有限公司 | | 100% | 500万元 | | | | 一级 股东 | 上海万业企业股份有限公司 | | 100% | 5000万元 | 2029-12-10 | | E= 股权经 | | --- | | 股东信息 1 | 企查查APP显示，近日，清远万导电子科技有限公司成立，法定代表人为邹权林，注册资本为500万元，经营范围包含：新材料技术研发；常用有色金属冶 炼；有色金属合金制造；有色金属合金销售；有色金属压延加工等。企查查股权穿透显示，该公司由万业企业（600641）间接全资持股。 | 缔造有近从的商业传奇 F自官 全国企业信用查询系 | × 音一下 清远万导电子科技有限公司 ー 应用 ▼ | | | 企业中心 ■ | | --- | --- | --- | --- | --- | | 基本信息 9 | 法律诉讼 企业发展 知识产权 | 经营风险 | 经营信息 3 | E | | ...

前期公司已披露了《股东集中竞价减持股份计划公告》（公告编号： 临 2025-036），符合《中华人民共和国证券法》《上市公司股东减持 股份管理暂行办法》等相关法律、法规及规范性文件的规定。 以上股东，敬请广大投资者注意投资风险。 特此公告。 上海万业企业股份有限公司董事会 证券代码：600641 证券简称：万业企业 公告编号：临 2025-043 上海万业企业股份有限公司 关于持股5%以上股东减持至5%以下的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 本次权益变动属于减持，不触及要约收购。 ? 本次权益变动后，上海万业企业股份有限公司（以下简称"公 司"、"本公司"）股东上海国盛资本管理有限公司－上海国盛海通 股权投资基金合伙企业（有限合伙）（以下简称"国盛资本"）合计 持有公司股份 44,670,300 股，占公司总股本的比例为 4.80%，不再是 公司持股 5%以上股东。 ? 本次权益变动不会导致公司控股股东、实际控制人发生变化， 不会对公司经营活动产生影响。 公司于 2025 年 7 ...