证券日报网讯 8月25日晚间，兆易创新发布公告称，公司股票连续3个交易日内日收盘价格涨幅偏离值 累计超过20%，属于股票交易异常波动情形。经自查，公司目前生产经营正常，未发生重大变化。公司 及控股股东、实际控制人不存在应披露而未披露的重大事项，包括重大资产重组、股份发行等。公司提 醒投资者注意二级市场交易风险，理性投资。 （编辑 李家琪） ...

Group 1 - Institutional buying and selling activity showed that 30 stocks were listed, with 15 stocks net bought and 15 stocks net sold on the day [1] - The top three stocks with the highest institutional buying were: Zhaoyi Innovation (CNY 1.799 billion), Jinli Permanent Magnet (CNY 142 million), and Robotec (CNY 140 million) [1][2] - Zhaoyi Innovation reported a revenue of CNY 4.15 billion for the first half of 2025, representing a year-on-year growth of 15%, and a net profit of CNY 575 million, up 11.31% year-on-year [3] Group 2 - The implementation of the new regulations on rare earth mining and separation by the Ministry of Industry and Information Technology is expected to enhance the bargaining power of domestic smelting and separation enterprises regarding ore procurement prices [4] - The tightening of rare earth raw material imports is anticipated to boost the export outlook for magnetic materials [4] - The announcement by Nvidia regarding the launch of a "New Brain" for humanoid robots in August 2025 indicates a significant development in the robotics sector [5]

南财智讯8月25日电，兆易创新公告，公司股票在2025年8月21日至25日期间连续三个交易日内收盘价格 涨幅偏离值累计超过20%，构成异常波动。经公司自查，生产经营活动正常，内外部经营环境无重大变 化，公司、控股股东及实际控制人均无影响股票交易价格异常波动的重大事项。公司提醒投资者注意二 级市场交易风险，理性投资。 ...

证券代码：603986 证券简称：兆易创新 公告编号：2025-051 公司敬请广大投资者注意投资风险，理性决策、审慎投资。 一、股票交易异常波动的具体情况 公司股票交易于 2025 年 8 月 21 日、2025 年 8 月 22 日、2025 年 8 月 25 日 连续 3 个交易日内日收盘价格涨幅偏离值累计超过 20%，根据《上海证券交易所 交易规则》的有关规定，属于股票交易异常波动情形。 二、公司关注并核实的相关情况 针对公司股票交易异常波动的情况，公司对有关事项进行了核查，并向公司 控股股东、实际控制人发函询证，现将有关情况说明如下： 兆易创新科技集团股份有限公司 关于股票交易异常波动的公告 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： 兆易创新科技集团股份有限公司（以下简称"公司"）股票连续3个交易 日内日收盘价格涨幅偏离值累计超过20%，根据《上海证券交易所交易规则》的 有关规定，属于股票交易异常波动情形。 经公司自查，并向控股股东、实际控制人书面询问，截至本公告披露日， 公司不存在影响上市公司 ...

Summary of Key Points Core Viewpoint - On August 25, a total of 33 stocks appeared on the trading leaderboard, with 17 showing net institutional buying and 16 showing net institutional selling [1]. Institutional Buying - The top three stocks with the highest net institutional buying were: - Zhaoyi Innovation: Net buying amount of 1.799 billion [1][2] - Jinli Permanent Magnet: Net buying amount of 142 million [1][2] - Robotec: Net buying amount of 140 million [1][2] - Other notable stocks with net institutional buying included: - Hengbao Co., Ltd.: Net buying amount of 120 million [2] - Yuyin Co., Ltd.: Net buying amount of 86 million [2] Institutional Selling - The top three stocks with the highest net institutional selling were: - Goldwind Technology: Net selling amount of 378 million [1][4] - Southern Precision: Net selling amount of 118 million [1][4] - Marubi Biotechnology: Net selling amount of 111 million [1][4] - Other notable stocks with net institutional selling included: - Aerospace Hongtu: Net selling amount of 847 million [3] - Guoan Da: Net selling amount of 890 million [3]

Core Insights - The report from Ping An Securities indicates that Zhaoyi Innovation achieved operating revenue of 4.15 billion yuan in the first half of the year, representing a year-on-year growth of 15% [1] - The company reported a net profit attributable to shareholders of 575 million yuan, which is an increase of 11.31% year-on-year [1] - Diversified layout supports stable operations, with both volume and price increases in niche DRAM [1] Business Overview - The main business of the company includes the research, technical support, and sales of memory, microcontrollers, sensors, and analog chips [1] - The products have wide applications, providing comprehensive "sensing, storage, computing, control, and connectivity" ecosystem solutions for clients in consumer electronics, automotive, industrial applications, PCs and servers, IoT, and network communications [1] Investment Outlook - Considering the company's industry position and forward-looking layout in customized storage, the recommendation rating for the company is maintained as "recommended" [1]

Core Viewpoint - The report from Huazhong Securities indicates that Zhaoyi Innovation's net profit attributable to shareholders for the first half of 2025 reached 575 million yuan, representing a year-on-year increase of 11.31% [1] Financial Performance - In Q2 2025, the net profit attributable to shareholders was 341 million yuan, showing a year-on-year growth of 9.17% and a quarter-on-quarter increase of 45.27% [1] - The growth in profit is attributed to the implementation of consumer subsidies and the steady release of demand in consumer terminals, alongside the ongoing development of AI driving demand in PC, server, and automotive electronics sectors [1] Product Demand and Revenue Growth - In the Flash product segment, the demand in the consumer sector saw significant growth in the first half of 2025, driven by consumer subsidies and the peak consumption season in Q2 [1] - The continuous upgrade of NOR Flash storage capacity in mobile screens, AIPC, and servers has also contributed to the revenue growth in the Flash business [1] Chip Segment Performance - In the sensor chip segment, the company maintained relatively stable revenue year-on-year in the mobile market [1] - The revenue from analog chips experienced a year-on-year increase of over 450%, significantly boosted by the acquisition of Suzhou Saichip, leading to substantial growth in analog chip revenue [1] Investment Rating - The report maintains a "Buy" rating for the company [1]

Core Viewpoint - The A-share market experienced a significant increase in trading volume, with the total transaction amount exceeding 30 trillion yuan for the first time this year, marking a historical high and the second highest in history [1][3]. Trading Volume - As of August 25, the combined trading volume of the Shanghai, Shenzhen, and North markets surpassed 30 trillion yuan, reaching a new annual high [1]. - The previous record for trading volume was set on October 8 of the previous year, when it first crossed the 30 trillion yuan mark, reaching approximately 34.85 trillion yuan [3]. Market Performance - Multiple indices, including the Shanghai Composite Index, Shenzhen Component Index, ChiNext Index, and STAR Market 50 Index, continued to rise, reaching new highs during the session [3]. - The Shanghai Composite Index increased by 1.51%, the Shenzhen Component Index rose by 2.26%, the ChiNext Index gained 3%, and the STAR Market 50 Index climbed 3.2% [4]. Stock Activity - Over ten stocks recorded trading volumes exceeding 10 billion yuan, with several stocks, including Dongfang Caifu, Hanwha U, Northern Rare Earth, and Haiguang Information, surpassing 20 billion yuan in trading volume [3]. - The most popular stock, Hanwha U, saw a price increase of over 11%, closing at 1384.93 yuan per share [6]. Sector Performance - Sectors such as optical fiber, optical modules, optical communication, rare earth permanent magnets, and satellite internet showed significant gains [4]. - The top-performing sectors included optical communication with a rise of 5.77% and rare earth permanent magnets increasing by 5.65% [5].

华安证券研报指出，兆易创新2025年上半年归母净利润5.75亿元，同比增长11.31%，对应2Q25单季度 归母净利润3.41亿元，同比增长9.17%，环比增长45.27%。受益于消费类国家补贴政策的实施，消费终 端需求稳步释放，同时AI的发展持续拉动PC、服务器、汽车电子等领域需求增长。Flash产品方面， 2025年上半年，在消费国补及第二季度消费旺季等因素催化下，消费领域需求增长明显。同时，手机屏 幕、AIPC及服务器中NORFlash存储容量的不断升级也拉动了Flash业务收入的增长。传感器芯片方面， 公司在手机市场持续深耕，营收同比保持相对平稳。模拟芯片方面，公司原有模拟芯片收入实现同比超 过4.5倍的增长，加之收购苏州赛芯的影响，公司模拟芯片收入同比实现大幅增长。维持"买入"评级。 ...

Group 1 - The chip ETF (159995) opened with a gain of 3.05%, priced at 1.590 yuan [1] - Major holdings in the chip ETF include: - SMIC up 1.95% - Haiguang Information up 5.34% - Cambrian up 6.26% - Northern Huachuang up 2.84% - OmniVision up 1.24% - Lattice Semiconductor up 3.79% - Zhongwei Company up 1.95% - Zhaoyi Innovation up 5.38% - Changdian Technology up 2.96% - Unisoc up 1.21% [1] - The performance benchmark for the chip ETF is the National Securities Semiconductor Chip Index return, managed by Huaxia Fund Management Co., Ltd. [1] Group 2 - Since its establishment on January 20, 2020, the chip ETF has achieved a return of 54.16% [1] - The return over the past month for the chip ETF is 26.00% [1]