Trading Information Summary - On August 1, 2025, the main capital inflow for Xin Jie Energy was 18.137 million yuan, accounting for 7.37% of the total transaction amount [1][2] - The total transaction volume was 76,500 lots, with a transaction amount of 246 million yuan [1] Company Announcement Summary - Xin Jie Energy announced the redemption of two cash management products, resulting in a total actual income of 677,880 yuan [2] - The company has a balance of 440 million yuan in idle raised funds for cash management as of the announcement date [1] Cash Management Product Details - The first product, a structured deposit from CITIC Bank, had an amount of 400 million yuan, with an actual annualized return of 1.34%, yielding an actual income of 440,380 yuan [3] - The second product, also from CITIC Bank, had an amount of 150 million yuan, with an actual annualized return of 1.9%, yielding an actual income of 237,500 yuan [3]

Summary of Key Points Core Viewpoint - New Clean Energy (新洁能) has shown a slight increase in stock price and has engaged in cash management with idle fundraising, generating returns from structured deposits. Group 1: Stock Performance - As of August 1, 2025, New Clean Energy's stock closed at 32.2 yuan, up 0.06% from the previous week [1] - The stock reached a weekly high of 33.02 yuan on July 30 and a low of 31.86 yuan on July 31 [1] - The company's current total market capitalization is 13.374 billion yuan, ranking 81st out of 162 in the semiconductor sector and 1284th out of 5149 in the A-share market [1] Group 2: Cash Management Activities - The company announced the redemption of two idle fundraising cash management investments, yielding a total return of 677,880 yuan [1] - The board approved the use of up to 1.15 billion yuan of temporarily idle non-public fundraising for cash management [1] - Details of the cash management include: - A structured deposit with Citic Bank amounting to 400 million yuan, with an actual annualized return of 1.34%, yielding 440,38 yuan [1] - A structured deposit with Shanghai Pudong Development Bank amounting to 150 million yuan, with an actual annualized return of 1.9%, yielding 237,500 yuan [1] Group 3: Remaining Cash Management Balance - As of the announcement date, the remaining balance of idle fundraising used for cash management is 440 million yuan [2]

Investment Rating - The report maintains a "Positive" investment rating for the electronic industry in China [4] Core Viewpoints - The demand for AI computing facilities is expected to drive the growth of SiC/GaN power devices, opening up new growth opportunities in the industry [2][24] - The report emphasizes that the application potential of SiC/GaN in AI computing facility power supply systems has not been fully explored, and future demand is likely to continue increasing [7][24] Summary by Sections Investment Recommendations and Targets - AI server and data center demand is anticipated to create growth opportunities for SiC/GaN power devices. Key companies to watch include: - GaN industry leader Innoscience - Major power device manufacturers such as Wingtech Technology, China Resources Microelectronics, New Clean Energy, Star Semiconductor, and Tianyue Advanced - Wafer foundry company Chipone Integrated Circuits focusing on SiC power devices - Passive component companies like Farah Electronics and Jianghai Co., Ltd. - Companies in the third-generation semiconductor equipment market like Zhongwei Company [2][29] Industry Dynamics - The report highlights that AI computing facilities will increase the demand for SiC/GaN devices, particularly in high-voltage direct current (HVDC) and power module applications [7][8] - The transition from traditional power supply architectures to higher voltage systems (800V DC) is expected to enhance power transmission efficiency, thus driving the adoption of SiC/GaN devices [10][14] - The report notes that the penetration rate of SiC in global power semiconductors is projected to reach 4.9% by 2024, while GaN's penetration is at 0.5% in 2023, indicating room for growth [21][22] Company Insights - Innoscience is recognized as the global leader in the GaN industry, with a revenue of 830 million yuan in 2024, reflecting a year-on-year growth of 39.8% [30][34] - Wingtech Technology is focusing on semiconductor business growth, with a revenue of 58.4 billion yuan in 2024, and is strategically transforming to enhance its position in the power semiconductor industry [40][44] - China Resources Microelectronics is experiencing steady revenue growth, achieving 10.12 billion yuan in 2024, with a focus on enhancing its SiC/GaN product capabilities [50][51]

证券代码：605111 证券简称：新洁能 公告编号：2025-039 无锡新洁能股份有限公司 | 性存款 | | --- | 二、截止本公告披露日公司使用闲置募集资金进行现金管理的情况 截止本公告披露日，公司使用闲置募集资金进行现金管理的余额为人民币 4.4亿元。 特此公告。 无锡新洁能股份有限公司董事会 无锡新洁能股份有限公司（以下简称"公司"）于 2024 年 8 月 12 日召开第四 届董事会第十七次会议和第四届监事会第十五次会议审议通过了《关于使用暂时 闲置的募集资金进行现金管理的议案》，同意公司在确保不影响募集资金项目开 展和使用计划的前提下，使用最高额度不超过 115,000 万元人民币的暂时闲置的 非公开发行募集资金进行现金管理，投资于安全性高、流动性好的投资产品，本 次公司使用非公开发行闲置募集资金购买投资产品的投资期限不超过 12 个月， 在前述期限内可由公司滚动使用，并于到期后归还至募集资金专户。公司使用闲 置募集资金进行现金管理将严格遵守上海证券交易所关于上市公司募集资金管 理的相关规定。 具体内容详见公司在上海证券交易所网站（www.sse.com.cn）披露的《关于 使用暂时闲置的募 ...

Group 1 - The company has approved the use of temporarily idle raised funds for cash management, with a maximum amount not exceeding 115 million RMB [1] - The investment will be made in high-security and high-liquidity financial products, with a maximum investment period of 12 months [1] - As of the date of this announcement, the balance of idle raised funds used for cash management is 590 million RMB [2]

Group 1 - The core viewpoint of the article highlights the financial performance and market activity of Xin Jie Neng (605111), showing a stock price increase and significant net inflow of funds [1][3] - As of July 29, 2025, Xin Jie Neng's stock closed at 32.79 yuan, with a 1.86% increase and a trading volume of 117,500 hands, amounting to 382 million yuan [1] - The company reported total revenue of 449 million yuan for Q1 2025, representing a year-on-year growth of 20.81%, and a net profit of 108 million yuan, up 8.20% year-on-year [1] Group 2 - Xin Jie Neng has made investments in 18 companies and participated in 23 bidding projects, indicating active engagement in business expansion [2] - The company holds 40 trademark registrations and 274 patents, showcasing its focus on intellectual property and innovation [2] - Xin Jie Neng has 46 administrative licenses, reflecting its compliance and operational capabilities within the industry [2]

1 无锡新洁能股份有限公司（以下简称"公司"）于 2024 年 8 月 12 日召开第四 届董事会第十七次会议和第四届监事会第十五次会议审议通过了《关于使用暂时 闲置的募集资金进行现金管理的议案》，同意公司在确保不影响募集资金项目开 展和使用计划的前提下，使用最高额度不超过 115,000 万元人民币的暂时闲置的 非公开发行募集资金进行现金管理，投资于安全性高、流动性好的投资产品，本 次公司使用非公开发行闲置募集资金购买投资产品的投资期限不超过 12 个月， 在前述期限内可由公司滚动使用，并于到期后归还至募集资金专户。公司使用闲 置募集资金进行现金管理将严格遵守上海证券交易所关于上市公司募集资金管 理的相关规定。 具体内容详见公司在上海证券交易所网站（www.sse.com.cn）披露的《关于 使用暂时闲置的募集资金进行现金管理的公告》（公告编号：2024-039）。 二、截止本公告披露日公司使用闲置募集资金进行现金管理的情况 截止本公告披露日，公司使用闲置募集资金进行现金管理的余额为人民币 5.9亿元。 证券代码：605111 证券简称：新洁能 公告编号：2025-038 无锡新洁能股份有限公司 关于闲置募 ...

Market Overview - The Shanghai Composite Index closed at 3609.71 points, above the annual line, with a change of 0.33% [1] - The total trading volume of A-shares reached 18293.09 billion yuan [1] Stocks Breaking Annual Line - A total of 26 A-shares have surpassed the annual line today, with notable stocks including Sinochem International, Dier Laser, and Blue Arrow Electronics, showing divergence rates of 8.45%, 4.04%, and 2.76% respectively [1] - Stocks with smaller divergence rates that just crossed the annual line include Weimob Communication, Huaibei Mining, and Tongxiang Technology [1] Top Stocks by Divergence Rate - The top three stocks with the highest divergence rates are: - Sinochem International: 10.10% increase, latest price 4.25 yuan, divergence rate 8.45% [1] - Dier Laser: 4.31% increase, latest price 60.98 yuan, divergence rate 4.04% [1] - Blue Arrow Electronics: 2.94% increase, latest price 21.68 yuan, divergence rate 2.76% [1] Additional Notable Stocks - Other notable stocks with significant performance include: - Guangfeng Technology: 3.97% increase, latest price 15.72 yuan, divergence rate 2.62% [1] - Foster: 10.04% increase, latest price 14.69 yuan, divergence rate 2.44% [1] - I Love My Home: 2.56% increase, latest price 3.21 yuan, divergence rate 2.39% [1]

Market Overview - The Shanghai Composite Index closed at 3595.19 points, slightly down by 0.08%, and remains above the six-month moving average [1] - The total trading volume of A-shares reached 1,145.862 billion yuan [1] Stocks Performance - A total of 44 A-shares have surpassed the six-month moving average today, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Hexin Instrument (17.10%) - Dekeli (16.12%) - Lais Information (7.54%) [1] - Stocks with smaller deviation rates that have just crossed the six-month moving average include: - Junda Co., Ltd. - Taihe Intelligent - Aikodi [1] Notable Stocks - Hexin Instrument (688622) saw a price increase of 20.00% with a turnover rate of 3.28% [1] - Dekeli (688205) increased by 17.49% with a turnover rate of 23.70% [1] - Lais Information (688631) rose by 7.96% with a turnover rate of 7.58% [1] - Other notable stocks include: - Xinganjiang (873167) up by 13.11% - Anpeilong (301413) up by 10.81% [1] Additional Stocks with Positive Movement - Other stocks with positive movement include: - Haiziwang (301078) up by 4.48% - Naxinwei (688052) up by 7.92% - Tianzhun Technology (688003) up by 4.52% [1]

Group 1 - The company announced the addition of a temporary proposal for the 2024 annual shareholders' meeting, which includes a resolution to change the company's registered address and amend the articles of association [1] - The announcement regarding the change of registered address and the amendment of the articles of association can be found on the Shanghai Stock Exchange website [1] - The company completed the business registration change and obtained a new business license issued by the Wuxi Data Bureau [2] Group 2 - The updated business license information includes the company's name, unified social credit code, registered capital of 415.332567 million yuan, and the type as a listed joint-stock company [2] - The company was established on January 5, 2013, and the legal representative is Zhu Yuanzheng [2] - The business scope includes manufacturing, research and development, design, technical transfer, and sales of power electronic components, integrated circuits, electronic products, and environmental protection equipment, among others [2]