2026.03. 26 封图 | AI生成 3 月 26 日 ， A 股 多 只 芯 片 概 念 股 上 涨 ， 截 至 发 稿 ， 金 海 通 （ 603061.SH ） 涨 超 4% ， 斯 达 半 导 （603290.SH）上涨3.92%，海光信息（688041.SH）涨超2%，闻泰科技（600745.SH）涨超 1.5%，富满微（300671.SZ）、长光华芯（688048.SH）、摩尔线程-U（688795.SH）等小幅上 涨。 | HYGON | 米信息 | | + 添加自选 | | | | | | | | মুদ "オ | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | SH 688041 ■ Level1基础行情 ■ 上海交易所 ■ 沪港通标的股票 ■ 科创板 □ 融资融券标的 | | | | | 所属行业 ▽ 半导体 -1.39% > | | | | 222.00元 +4.60 +2.12% | | | | | | | | | | | | | 交易中 03-26 11:15 ...

2025 年 12 月 31 日，持续督导期已届满，国泰海通根据《证券发行上市保荐业 务管理办法》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监 管指引第 1 号——规范运作》等法规、规范性文件相关要求，出具本保荐总结报告 书。 一、保荐机构及保荐代表人承诺 1、保荐总结报告书和证明文件及其相关资料的内容不存在虚假记载、误导性陈 述或重大遗漏，保荐机构及保荐代表人对其真实性、准确性、完整性承担法律责任。 2、本机构及本人自愿接受中国证券监督管理委员会（以下简称"中国证监会"） 对保荐总结报告书相关事项进行的任何质询和调查。 国泰海通证券股份有限公司 关于天津金海通半导体设备股份有限公司 首次公开发行股票并上市之保荐总结报告书 | 保荐机构名称： | 国泰海通证券股份有限公司 | | --- | --- | | 保荐机构编号： | Z29131000 | 经中国证券监督管理委员会《关于核准天津金海通半导体设备股份有限公司首 次公开发行股票的批复》（证监许可〔2023〕83 号）批复，天津金海通半导体设备 股份有限公司（以下简称"上市公司"、"公司"或"发行人"）首次公开发行股 票 1,500.00 ...

金海通 2025 年年度股东会会议资料 公司代码：603061 公司简称：金海通 会议资料 上海市 2026 年 3 月 金海通 2025 年年度股东会会议资料 | 目录 | | --- | | 2025 | 年年度股东会会议议程 | 1 | | --- | --- | --- | | 2025 | 年年度股东会会议须知 | 3 | | 议案一：关于《公司 2025 | 年年度报告》及其摘要的议案 | 4 | | 议案二：关于《公司 2025 | 年度董事会工作报告》的议案 | 5 | | 议案三：关于公司董事及高级管理人员 | 2026 年度薪酬方案的议案 | 6 | | 议案四：关于续聘 2026 | 年度外部审计机构的议案 | 8 | | 议案五：关于 2025 | 年度利润分配方案并修订《公司章程》的议案 | 9 | | 附件 1：天津金海通半导体设备股份有限公司 | 2025 年度董事会工作报告 | 11 | | 附件 2：天津金海通半导体设备股份有限公司 | 2025 年度独立董事述职报告 | 21 | 天津金海通半导体设备股份有限公司 2025 年年度股东会 金海通 2025 年年度股东会会议资 ...

国泰海通证券股份有限公司 关于天津金海通半导体设备股份有限公司 2025 年度持续督导年度报告书 | 保荐机构名称：国泰海通证券股份有限公司 | 被保荐公司简称：金海通 | | --- | --- | | 保荐代表人姓名：景炀、张捷 | 被保荐公司代码：603061 | 经中国证券监督管理委员会《关于核准天津金海通半导体设备股份有限公司 首次公开发行股票的批复》（证监许可〔2023〕83 号）批复，天津金海通半导 体设备股份有限公司（以下简称"上市公司"、"公司"或"发行人"）首次公 开发行股票 1,500.00 万股，每股面值人民币 1 元，每股发行价格人民币 58.58 元， 募集资金总额为人民币 87,870.00 万元，扣除发行费用后，实际募集资金净额为 人民币 74,681.19 万元。本次发行证券已于 2023 年 3 月 3 日在上海证券交易所上 市。国泰海通证券股份有限公司（以下简称"保荐机构"或"国泰海通"）担任 其持续督导保荐机构，持续督导期间为 2023 年 3 月 3 日至 2025 年 12 月 31 日。 在 2025 年 1 月 1 日至 2025 年 12 月 31 日持续督导 ...

证券研究报告：电子 | 公司点评报告 股票投资评级 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 245.67 | | --- | --- | | 总股本/流通股本（亿股）0.60 | / 0.60 | | 总市值/流通市值（亿元）147 | / 147 | | 52 周内最高/最低价 | 303.69 / 70.00 | | 资产负债率(%) | 24.9% | | 市盈率 | 80.55 | | 第一大股东 | 崔学峰 | 研究所 分析师:翟一梦 SAC 登记编号:S1340525040003 Email:zhaiyimeng@cnpsec.com 分析师:吴文吉 SAC 登记编号:S1340523050004 Email:wuwenji@cnpsec.com 金海通(603061) 封测需求回暖，三温、大平台超多工位测试分选机快速放量。2025 年，公司所在的半导体封装和测试设备领域需求回暖，三温测试分选 机及大平台超多工位测试分选机（针对于效率要求更高的大规模、复 杂测试）需求持续增长，公司测试分选机产品销量实现较大提升。公 司 2025 年实现营收 6.98 亿元，同比增长 ...

证券研究报告：电子 | 公司点评报告 股票投资评级 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 245.67 | | --- | --- | | 总股本/流通股本（亿股）0.60 | / 0.60 | | 总市值/流通市值（亿元）147 | / 147 | | 52 周内最高/最低价 | 303.69 / 70.00 | | 资产负债率(%) | 24.9% | | 市盈率 | 80.55 | | 第一大股东 | 崔学峰 | 研究所 分析师:翟一梦 SAC 登记编号:S1340525040003 Email:zhaiyimeng@cnpsec.com 分析师:吴文吉 SAC 登记编号:S1340523050004 Email:wuwenji@cnpsec.com 金海通(603061) AI 算力助力加速成长 l 投资要点 封测需求回暖，三温、大平台超多工位测试分选机快速放量。2025 年，公司所在的半导体封装和测试设备领域需求回暖，三温测试分选 机及大平台超多工位测试分选机（针对于效率要求更高的大规模、复 杂测试）需求持续增长，公司测试分选机产品销量实现较大提升。公 司 2025 ...

Company and Industry Summary Company Overview - The company, Jin Hai Tong, reported a revenue of 698 million yuan in 2025, representing a year-on-year growth of 71% [3] - Net profit attributable to shareholders was 177 million yuan, up 125% year-on-year, with a net profit of 199 million yuan after excluding share-based payment impacts, marking a 128% increase [3] - Total assets reached 2.15 billion yuan, a 34.47% increase from the previous year, while net assets grew by 22.64% to 1.614 billion yuan [3] Financial Performance - The company achieved a gross margin of approximately 52% in 2025, an increase of 4.75 percentage points from 2024, primarily due to a higher proportion of high-end models sold [3] - Q4 2025 revenue was 217 million yuan, showing a 44% year-on-year increase and a 24% quarter-on-quarter increase [3] Product Lines and Revenue Composition - The 9,000 series products, mainly used in automotive electronics, accounted for nearly 40% of revenue in 2025, up from 25% in 2024 [4] - General-purpose products (6,000 and 8,000 series) maintained a stable revenue share of approximately 47% [4] - The average selling price of products increased due to a higher sales proportion of high-end models [5] Customer Structure - Major customers include Weicai (27% of sales) and Tongfu Microelectronics (over 10%) [5] - Overseas clients Carsem and UTAC have entered the top ten customer list, each contributing a few percentage points to sales [5] Expense and Personnel Changes - The company’s expenses increased due to a two-year employee stock ownership plan, leading to a monthly amortization of approximately 5 million yuan starting September 2025 [6] - The workforce grew by about 20% to approximately 450 employees by the end of 2025 [6] Market Demand and Growth Drivers - Significant demand growth was observed in the automotive electronics sector, with the 9,000 series revenue share increasing substantially [7] - General-purpose products exceeded expectations, with revenue surpassing 300 million yuan, driven by large orders from major clients in Q3 and Q4 [8] - Sales of AI-related equipment fell short of expectations, achieving only a few million yuan due to slower-than-expected capacity expansion in domestic 3D chips [8] Future Outlook - The company anticipates a doubling of revenue in Q1 2026 compared to Q1 2025, with a full-year revenue target of 1.2 to 1.4 billion yuan [8] - AI-related business revenue is conservatively projected at 200 million yuan for 2026, contingent on actual chip shipment volumes [12] Competitive Landscape - The global market for high-power sorting machines is expected to reach approximately 1 billion USD in 2025, with Jin Hai Tong aiming for a one-third market share in the domestic segment [11] - The company is positioned to benefit from the increasing demand for testing equipment driven by AI chip deployment and advanced packaging technologies [13] New Product Developments - The company is developing low-temperature 32/64 workstation products aimed at automotive MCU applications, with expected validation and potential orders in 2026 [14][15] - The company has a leading technological advantage in multi-workstation sorting machines, with competitors currently limited to 16 workstations [15] Conclusion - Jin Hai Tong is well-positioned for growth in the semiconductor testing equipment market, driven by strong demand in automotive electronics and AI applications, alongside strategic product development and a robust customer base.

Market Overview - A-shares saw all three major indices close higher, with the Shanghai Composite Index rising by 0.25% to 4133.43, the Shenzhen Component Index increasing by 0.78% to 14465.41, and the ChiNext Index up by 1.31% to 3349.53. However, the Sci-Tech Innovation Index fell by 0.98% to 1774.03 [3][4]. Sector Performance - The chemical raw materials sector performed strongly, with stocks such as Jinpu Titanium Industry, Zhongtai Chemical, Baofeng Energy, and Sanfu Co. hitting the daily limit up [5][6]. - Conversely, the semiconductor sector experienced declines, with stocks like Jinhaitong hitting the daily limit down and others like Xinyuan and Canxin falling over 7% [6][7]. Trading Volume - The total trading volume in the Shanghai and Shenzhen markets reached 2.51 trillion yuan, an increase of 110.5 billion yuan compared to the previous trading day [7]. Capital Flow - Main capital inflows were observed in sectors such as electric power equipment, construction decoration, and basic chemicals, while there were outflows from defense, electronics, and non-ferrous metals sectors [9][11]. - Specific stocks with significant net inflows included Yangguang Energy, China Energy Construction, and Huagong Technology, with net inflows of 4.387 billion yuan, 3.483 billion yuan, and 2.067 billion yuan respectively [10]. - Stocks facing net outflows included Cambrian, Dongshan Precision, and Tianfu Communication, with outflows of 1.468 billion yuan, 1.102 billion yuan, and 992 million yuan respectively [11]. Analyst Insights - Tianfeng Securities expressed optimism regarding investment opportunities arising from changes in power supply systems in the AI era [12]. - Citic Securities noted that short-term uncertainties may still drive an increase in oil shipping rates [13]. - Citic Jinshi highlighted that capital expenditures from cloud vendors continue to be revised upward, with the PCB cycle still on an upward trend [14].

金海通（603061）3月10日晚间披露2025年年报，公司实现营业收入6.98亿元，同比增长71.68%；归属于上市公司股东的净利润1.77亿元，同比增长 124.93%。 | | | | | 单位:元 币种:人民币 | | --- | --- | --- | --- | --- | | | 2025年 | 2024年 | 本年比上年 | 2023年 | | | | | 增减(%) | | | 总资产 | 2.149.652.155.84 | 1.598.565.608.03 | 34.47 | 1.584.983.205.39 | | 归属于上市公司股 | 1.614.293.008.86 | 1.316.232.759.41 | 22.64 | 1.398.855.603.87 | | 东的净资产 | | | | | | 营业收入 | 698.176.005.39 | 406.666.312.61 | 71.68 | 347.234.545.48 | | 利润总额 | 196.800.497.09 | 84.850.967.53 | 131.94 | 92.726,544.39 | | 归属于上市公司股 ...

证券代码：603061 证券简称：金海通 公告编号：2026-023 天津金海通半导体设备股份有限公司 关于 2025 年度利润分配及资本公积转增股本方案 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： 每股分配比例、每股转增比例：向全体股东每 10 股派发现金红利 3.80 元 （含税），同时以资本公积转增股本方式向全体股东每 10 股转增 4.50 股。 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日期将 在权益分派实施公告中明确。 如自议案通过之日起至实施权益分派股权登记日期间，公司总股本数量发生 变动的，则公司拟维持每股分配比例、每股资本公积转增比例不变，相应调整现金 分红、转增股份总额，调整后的利润分配方案无需再次提交董事会及股东会审议。 登记的总股本为基数分配利润及资本公积转增股本。本次利润分配及资本公积转 增股本方案如下： 1、现金分红：公司拟向全体股东每股派发现金红利 0.38 元（含税）。截至 2026 年 3 月 9 日公司总股本 60,000,000 股，公司拟合计 ...