登录新浪财经APP 搜索【信披】查看更多考评等级 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： ● 会议召开时间：2025年9月19日(星期五)下午15:00-17:00 ● 会议召开地点:"全景路演"(http://rs.p5w.net)、微信公众号：全景财经、全景路演APP ● 会议召开方式：网络文字互动方式 上海张江高科技园区开发股份有限公司（以下简称"公司"）已于2025年 8月23日发布公司2025年半年度 报告。为便于广大投资者更深入全面地了解公司2025年半年度经营成果、财务状况，公司定于2025年9 月19日（周五）下午15:00-17:00参加由中国证券监督管理委员会上海监管局指导、上海上市公司协会及 深圳市全景网络有限公司联合举办的"2025年上海辖区上市公司集体接待日暨中报业绩说明会活动"，就 投资者普遍关心的问题进行交流。 一、 说明会类型 本次业绩说明会通过网络文字互动形式举行，公司将针对2025年半年度的经营成果及财务状况与投资者 进行交流和沟通，在信息披露允许的范围内就投资者普遍 ...

Core Insights - The direct write lithography market is expected to recover in 2024, with a projected growth of 12% year-on-year, reaching a market size of $1.57 billion due to a significant rebound in downstream industries [1][5][7] - The market is driven by the advantages of direct write lithography technology and its expanding application boundaries, particularly in PCB manufacturing, which is the largest application area [1][7] Industry Overview - Direct write lithography, also known as maskless lithography, utilizes a computer-controlled high-precision beam to project patterns directly onto a substrate coated with photosensitive material without the need for a mask [2][5] - The technology integrates various systems, including graphic processing, high-precision displacement platforms, optical systems, and control systems, making it a key device in micro-nano manufacturing [2][5] Market Dynamics - The global direct write lithography equipment market has shown volatility in recent years due to a slowdown in economic growth and pressure on downstream industries [5][6] - The PCB sector is the largest application area for direct write lithography, accounting for 41.1% of the market in 2024, followed by the mask plate sector at 36.6% [7][8] Competitive Landscape - Major players in the PCB direct imaging equipment sector include Israel's Orbotech, Japan's ORC, ADTEC, SCREEN, and domestic companies such as Chipbond and Jiangsu Yingsu [1][5][6] - In the broader semiconductor direct write lithography market, foreign companies dominate, with competitors including Sweden's Mycronic, Germany's Heidelberg, and Japan's SCREEN [1][5][6] Technological Trends - The direct write lithography technology is evolving to achieve finer line widths and higher resolution, driven by the increasing integration and performance demands of downstream electronic products [14][16] - The industry is focusing on improving production yield and balancing the cost of equipment upgrades with production efficiency [17][18] Application Insights - The PCB manufacturing process is complex and requires various specialized equipment, with direct imaging technology becoming the mainstream method due to its advantages over traditional exposure techniques [8][9] - The global PCB market is projected to reach $73.6 billion in 2024, with a growth rate of 5.8%, driven by demand from AI servers and data center equipment [7][8] Future Outlook - The demand for direct write lithography equipment in advanced packaging is expected to grow significantly, with a projected market size of $30 million by 2030 as the technology matures [13][14]

股票代码：600895 股票简称：张江高科 编号：临2025-025 上海张江高科技园区开发股份有限公司 关于参加2025年上海辖区上市公司集体接待日暨中报业绩 说明会的公告 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： 上海张江高科技园区开发股份有限公司（以下简称"公司"）已于2025年 8月23日发布公司2025年半年度报告。为便于广大投资者更深入全面地了解公 司2025年半年度经营成果、财务状况，公司定于2025年9月19日（周五）下午 15:00-17:00参加由中国证券监督管理委员会上海监管局指导、上海上市公司 协会及深圳市全景网络有限公司联合举办的"2025年上海辖区上市公司集体接 待日暨中报业绩说明会活动"，就投资者普遍关心的问题进行交流。 一、 说明会类型 本次业绩说明会通过网络文字互动形式举行，公司将针对2025年半年度的 经营成果及财务状况与投资者进行交流和沟通，在信息披露允许的范围内就投 资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 （一）会议召开时间：2025年9月19日 ...

Market Overview - The Shanghai Composite Index fell by 0.12% on September 12, with 9 out of the 28 sectors rising, led by the non-ferrous metals and real estate sectors, which increased by 1.96% and 1.51% respectively [2] - The communication and comprehensive sectors experienced the largest declines, with drops of 2.13% and 1.95% respectively [2] Capital Flow Analysis - The net outflow of capital from the two markets reached 53.64 billion yuan, with 6 sectors seeing net inflows [2] - The non-ferrous metals sector had the highest net inflow of capital, totaling 2.168 billion yuan, while the construction and decoration sector saw a net inflow of 721 million yuan [2] Real Estate Sector Performance - The real estate sector rose by 1.51% with a net capital inflow of 204 million yuan, comprising 100 stocks, of which 89 rose and 11 fell [3] - Notable stocks with significant net inflows included China Fortune Land Development (3.25 billion yuan), Vanke A (2.61 billion yuan), and Shoukai Co. (1.63 billion yuan) [3] Top Gainers in Real Estate - The top gainers in the real estate sector included: - China Fortune Land Development: +9.95%, 9.57% turnover, 325.11 million yuan inflow - Vanke A: +1.61%, 3.31% turnover, 261.09 million yuan inflow - Shoukai Co.: +9.98%, 11.64% turnover, 162.70 million yuan inflow [4] Top Losers in Real Estate - The top losers in the real estate sector included: - Wantong Development: -5.95%, 20.71% turnover, -860.21 million yuan outflow - Wolong New Energy: -8.29%, 16.71% turnover, -89.14 million yuan outflow - Poly Development: -0.64%, 2.44% turnover, -80.62 million yuan outflow [5]

Market Performance - On September 12, the real estate development sector rose by 1.87%, with Xiangjiang Holdings leading the gains [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Individual Stock Performance - Xiangjiang Holdings (600162) closed at 1.96, with a gain of 10.11% and a trading volume of 1.3351 million shares, amounting to a transaction value of 253 million [1] - Rongsheng Development (002146) closed at 1.75, up 10.06%, with a trading volume of 3.4729 million shares, totaling 590 million [1] - Shouke Co. (600376) closed at 5.51, gaining 9.98%, with a trading volume of 2.9765 million shares, amounting to 1.59 billion [1] - Suning Universal (000718) closed at 3.31, up 9.97%, with a trading volume of 1.1660 million shares, totaling 383 million [1] - Huaxia Happiness (600340) closed at 2.43, gaining 9.95%, with a trading volume of 3.5830 million shares, amounting to 858 million [1] Capital Flow Analysis - The real estate development sector saw a net inflow of 31.39 million from institutional investors, while retail investors contributed a net inflow of 413 million [2] - The sector experienced a net outflow of 444 million from speculative funds [2] Detailed Capital Flow for Selected Stocks - Huaxia Happiness (600340) had a net inflow of 34.9 million from institutional investors, but a net outflow of 168 million from speculative funds [3] - Vanke A (000002) saw a net inflow of 26.4 million from institutional investors, with a net outflow of 101 million from speculative funds [3] - Rongsheng Development (002146) had a net inflow of 14.5 million from institutional investors, but a net outflow of 76.5 million from speculative funds [3] - Shouke Co. (600376) experienced a net inflow of 84.8 million from institutional investors, with a net outflow of 81.3 million from speculative funds [3]

Group 1 - Zhangjiang Hi-Tech's stock increased by 5.01%, reaching a price of 36.46 yuan per share, with a trading volume of 1.382 billion yuan and a turnover rate of 2.51%, resulting in a total market capitalization of 56.465 billion yuan [1] - The company, established on April 18, 1996, focuses on land development and management of land use rights, as well as investment and operation of commercial high-tech projects [1] - The main revenue composition of Zhangjiang Hi-Tech includes 53.08% from leasing industrial space, 46.06% from sales of industrial space, and 0.87% from other sources [1] Group 2 - Guotai Fund holds a significant position in Zhangjiang Hi-Tech, with its Guotai National Real Estate Industry Index A fund reducing its holdings by 76,000 shares in the second quarter, now holding 902,300 shares, which accounts for 4.6% of the fund's net value [2] - The fund has generated an estimated floating profit of approximately 1.57 million yuan from its investment in Zhangjiang Hi-Tech [2] - The Guotai National Real Estate Industry Index A fund was established on January 1, 2021, with a current scale of 342 million yuan, achieving a year-to-date return of 8.28% and a one-year return of 37.51% [2]

Core Viewpoint - The photolithography concept sector has seen a significant increase, with a rise of 4.47% as of the market close on September 11, 2023, ranking it ninth among concept sectors [1] Group 1: Market Performance - Within the photolithography concept sector, 39 stocks experienced gains, with notable performers including Juguang Technology and Tengjing Technology, both reaching a 20% limit up [1] - Major gainers also included Dazhu Laser, which hit the limit up, and companies like Tongfei Co., Xinqi Microelectronics, and Sitake, which saw increases of 15.73%, 10.87%, and 10.42% respectively [1] - Conversely, stocks such as Jiuri New Materials, *ST He, and United Chemicals faced declines of 1.26%, 0.67%, and 0.57% respectively [1] Group 2: Capital Flow - The photolithography concept sector attracted a net inflow of 1.112 billion yuan from main funds today, with 25 stocks receiving net inflows [2] - Dazhu Laser led the sector with a net inflow of 426 million yuan, followed by Tengjing Technology and Zhangjiang Hi-Tech, each with net inflows of 163 million yuan [2] - The net inflow ratios for Dazhu Laser, Juguang Technology, and Tengjing Technology were 14.21%, 9.11%, and 9.00% respectively [3] Group 3: Stock Performance Metrics - Dazhu Laser recorded a daily increase of 10.00% with a turnover rate of 8.31% and a main fund flow of approximately 425.65 million yuan [3] - Tengjing Technology also saw a significant rise of 20.00% with a turnover rate of 15.04% and main fund flow of about 163.12 million yuan [3] - Other notable stocks included Zhangjiang Hi-Tech with a 5.56% increase and a turnover rate of 4.34%, and Juguang Technology with a 20.00% increase and a turnover rate of 10.77% [3]

Group 1 - The A-share market saw a rally in real estate stocks, with companies such as Wolong New Energy, Black Peony, and Yunnan City Investment hitting the daily limit up [1] - Other companies like Shoukai Co., Wantong Development, and Suning Universal had previously reached the daily limit up [1] Group 2 - Notable stock performance includes Shoukai Co. with a 10.04% increase and a total market capitalization of 13.3 billion [2] - Wolong New Energy increased by 10.01%, with a market cap of 6.466 billion [2] - Black Peony rose by 10.00%, having a market cap of 8.514 billion [2] - Wantong Development saw a 9.97% increase, with a market cap of 27.3 billion [2] - Yunnan City Investment increased by 9.92%, with a market cap of 4.271 billion [2] - Suning Universal rose by 9.85%, with a market cap of 9.134 billion [2] - Other notable stocks include *ST Rongkong with a 5.02% increase and Zhangjiang Hi-Tech with a 4.99% increase [2] - The MACD golden cross signal formation indicates a positive trend for these stocks [2]

Core Viewpoint - Zhangjiang Hi-Tech has shown a significant stock price increase of 29.71% year-to-date, despite a recent decline of 9.00% over the last five trading days [1] Financial Performance - For the first half of 2025, Zhangjiang Hi-Tech reported revenue of 1.704 billion yuan, representing a year-on-year growth of 39.05%, and a net profit attributable to shareholders of 369 million yuan, up 38.64% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 4.706 billion yuan, with 852 million yuan distributed over the past three years [3] Stock Market Activity - As of September 5, 2023, Zhangjiang Hi-Tech's stock price was 34.57 yuan per share, with a market capitalization of 53.538 billion yuan [1] - The stock has experienced a trading volume of 909 million yuan on September 5, with a turnover rate of 1.73% [1] - The company has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 424 million yuan on August 28 [1] Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 5.42% to 174,000, with an average of 8,902 circulating shares per shareholder, an increase of 5.73% [2] - Major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 17.66 million shares, and several ETFs that have also increased their positions [3]

Market Performance - The photolithography equipment sector experienced a decline of 5.37%, ranking among the top losers in the concept sector as of the market close on September 4 [1] - Key stocks within this sector, such as Yongxin Optical and Zhangjiang Hi-Tech, hit the daily limit down, while Juguang Technology, Xinlai Materials, and Sudavige saw significant declines [1] Capital Flow - The photolithography equipment sector saw a net outflow of 2.493 billion yuan, with 36 stocks experiencing net outflows, and 8 stocks having outflows exceeding 100 million yuan [2] - Zhangjiang Hi-Tech led the outflow with a net withdrawal of 496.19 million yuan, followed by Xinlai Materials and Haili Shares with outflows of 222.6 million yuan and 221.8 million yuan, respectively [2][3] Stock Performance - Notable declines in stock prices included: - Zhangjiang Hi-Tech: -10.00% with a turnover rate of 7.17% [2] - Xinlai Materials: -13.42% with a turnover rate of 17.43% [2] - Haili Shares: -6.20% with a turnover rate of 13.43% [2] - Other significant losers included Su Dawei Ge (-12.26%), Juguang Technology (-15.20%), and several others with declines ranging from 4.10% to 11.57% [3]