证券代码：688008 证券简称：澜起科技 公告编号：2025-035 澜起科技股份有限公司 关于 2025 年回购 A 股股份事项前十名股东和前十名 无限售条件股东持股情况的公告 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、准确性和完整性依法承担法律责任。 | 序号 | 股东名称 | 持股数量 （股） | 持股比例（%） | | --- | --- | --- | --- | | 1 | 香港中央结算有限公司 | 114,346,079 | 9.99 | | 2 | 中国电子投资控股有限公司 | 57,894,297 | 5.06 | | 3 | 招商银行股份有限公司－华夏上证科创板 50 成份交易型开放式指数证券投资基金 | 52,949,818 | 4.63 | | 4 | 珠海融英投资合伙企业（有限合伙） | 49,357,438 | 4.31 | | 5 | 中国工商银行股份有限公司－易方达上证科 创板 成份交易型开放式指数证券投资基金 50 | 47,753,466 | 4.17 | | 6 | WLT Partners, L.P. | 4 ...

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board 50 Index (Sci-Tech 50) opened higher and fluctuated, rising by 0.24% to 984.95 points with a trading volume of 19.704 billion yuan [1] - Over the past month, the Sci-Tech 50 Index has increased by 0.57%, but it has decreased by 3.92% over the past three months and by 0.64% year-to-date [2] - The Sci-Tech 50 Index consists of 50 securities with high market capitalization and liquidity from the Sci-Tech Innovation Board, reflecting the overall performance of representative Sci-Tech enterprises [2] Group 2 - The top ten weighted stocks in the Sci-Tech 50 Index are: SMIC (10.35%), Haiguang Information (8.5%), Cambricon (7.68%), Lattice Semiconductor (6.2%), Zhongwei Company (5.28%), Kingsoft Office (4.24%), United Imaging (4.21%), Transsion Holdings (2.35%), Chipone Technology (2.27%), and Ninebot (2.27%) [2] - The index is fully composed of stocks listed on the Shanghai Stock Exchange, with the information technology sector accounting for 68.86%, healthcare for 11.91%, industrials for 11.41%, consumer discretionary for 4.45%, materials for 2.72%, and consumer staples for 0.66% [2] Group 3 - The sample of the Sci-Tech 50 Index is adjusted quarterly, with adjustments occurring on the next trading day after the second Friday of March, June, September, and December [3] - The adjustment process allows for a maximum of 10% change in the number of samples, with a buffer rule prioritizing the top 40 candidates for inclusion and the top 60 existing samples for retention [3] - In cases of sample delisting, mergers, or other changes, the index will follow specific guidelines for replacement and adjustment [3]

Core Viewpoint - The A-share market is experiencing a rebound, particularly in the semiconductor sector, with significant capital inflow into the Sci-Tech Chip 50 ETF, indicating a bullish sentiment among investors [1][5]. Group 1: Market Performance - The Sci-Tech Chip 50 ETF (588750) has seen a capital inflow exceeding 64 million yuan over the past two days, despite a slight decline of 0.1% [1]. - The performance of constituent stocks within the ETF is mixed, with notable movements including a 2.32% increase in Lanke Technology and a 4.63% decrease in Chip Origin Technology [6]. Group 2: EDA Market Developments - Major EDA software companies, including Synopsys, Cadence, and Siemens, have resumed services to China, which is crucial for the semiconductor design process [3]. - The global EDA market is dominated by these three companies, holding a combined market share of over 70% [3]. Group 3: Domestic EDA Industry Growth - The domestic EDA industry is expected to accelerate its development, with companies like Huada Jiutian and Gai Lun Electronics making significant advancements [4]. - The Chinese EDA market is projected to reach 4.22 billion yuan by 2028, with a compound annual growth rate of 21.2% from 2024 to 2028 [4]. Group 4: Semiconductor Industry Outlook - The semiconductor sector is entering an upward cycle, with a projected global sales growth rate of 17% in 2024 [5]. - The net profit of the semiconductor sector is expected to increase by 15.1% year-on-year in Q1 2025, with the Sci-Tech Chip 50 ETF's constituent companies projected to see a net profit growth of 70% in Q1 2025 [5]. Group 5: AI and Semiconductor Demand - The rapid growth of AI is anticipated to create a second growth curve for the semiconductor industry, with major internet companies increasing their capital expenditures on AI-related chips [7]. - The global AI chip market is expected to grow significantly, reaching over $400 billion by 2027 [7]. Group 6: Domestic Equipment Replacement - The trend of domestic equipment replacement in the semiconductor industry is gaining momentum, with local equipment manufacturers increasing their market share from 7% in 2020 to an estimated 19% in 2024 [4]. - The average validation cycle for domestic semiconductor equipment is expected to decrease from 24 months to 14 months by 2024 [4].

Core Viewpoint - The artificial intelligence (AI) sector is showing strong performance, with the China Securities Artificial Intelligence Industry Index (931071) and related ETFs reflecting positive trends in the market [1][4]. Group 1: Market Performance - As of July 3, 2025, the China Securities Artificial Intelligence Industry Index (931071) increased by 0.70%, with notable gains from stocks such as Xinyisheng (300502) up 2.95% and Shitou Technology (688169) up 2.52% [1]. - The AI ETF (515980) also saw an increase of 0.59%, indicating a positive sentiment in the AI investment space [1]. Group 2: Liquidity and Scale - The AI ETF recorded a turnover of 1.24% during the trading session, with a transaction volume of 43.44 million yuan, and an average daily transaction volume of 172 million yuan over the past week [3]. - The latest scale of the AI ETF reached 3.491 billion yuan, with leveraged funds continuing to invest, as evidenced by a net financing purchase of 16.65 million yuan on the previous trading day [3]. Group 3: Index Composition and Weighting - The China Securities Artificial Intelligence Industry Index is constructed from 50 representative listed companies based on their AI business proportion, growth level, and market capitalization, with the top ten weighted stocks accounting for 52.07% of the index [3]. - The top ten stocks in the index include companies like Zhongke Shuguang (603019) and Keda Xunfei (002230), with varying weightings that reflect their market significance [6]. Group 4: Investment Outlook - Fund manager Gao Zhe suggests that the current A-share market is in a volatile phase, but the AI sector remains a key area of growth, especially as the second quarter earnings reports approach [4]. - The AI industry is viewed as a high-certainty growth area, making it a focal point for investors seeking opportunities amidst market fluctuations [4].

本报记者 吴晓璐 受关注 今年以来，中国资产吸引了全球投资者的目光。截至7月2日，年内A股共有883家公司接待外资调研，其中，电子、医药生 物、机械设备行业公司较多，分别有142家、114家和104家。其中，深圳市汇川技术股份有限公司成为今年以来外资关注度最 高的上市公司，年内共迎来67轮调研，合计接待了485家次外资机构。深圳迈瑞生物医疗电子股份有限公司、澜起科技股份有 限公司分别获299家次、173家次外资调研。 中国经济较强的韧性，持续吸引外资关注，这从外资机构对A股上市公司的调研情况中可见一斑。据Wind资讯数据统计， 截至7月2日，今年以来，643家外资机构调研A股公司4835家次，其中，全球头部对冲基金Point72 Asset Management、高盛 （亚洲）证券有限公司调研均超百次。 电子、医药生物、机械设备行业是外资关注度较高的行业。从关注问题来看，今年以来，AI应用、人形机器人布局、创新 药研发、分红和并购计划等成为外资关注的热点话题。 电子、医药生物等领域 多方面因素叠加 中国资产吸引力提升 近日，多家国际投行上调中国经济增长预期。花旗将中国2025年GDP增长预期从4.7%上调至5 ...

Group 1 - The core point of the announcement is the progress of the share repurchase plan by Lanke Technology, which aims to buy back A-shares for employee stock ownership plans or equity incentives [1] - The repurchase plan was first disclosed on June 21, 2025, with an implementation period from June 23, 2025, to September 19, 2025, and an expected repurchase amount between 200 million to 400 million RMB [1] - As of June 30, 2025, the company has repurchased a total of 1.002 million shares, accounting for 0.09% of the total share capital, with a total expenditure of approximately 79.05 million RMB [1] Group 2 - The repurchase price ranged from 77.79 RMB to 81.91 RMB per share, and the maximum repurchase price is set at 118 RMB per share [1] - The company will continue to make repurchase decisions based on market conditions and will fulfill information disclosure obligations in a timely manner [1]

Investment Rating - Industry Rating: Outperform the market (maintained rating) [8] Core Insights - The report highlights significant opportunities in the storage sector driven by continuous price increases, AI catalysis, and accelerated domestic production [2][3][5] - The semiconductor storage market is expected to gradually recover starting from the end of March 2025, with both DRAM and NAND entering an upward price channel [3][16] - The demand for storage is being propelled by AI applications, with expectations for substantial growth in HBM and DDR5 demand by 2025 [4][81] Summary by Sections Price Analysis - The report anticipates sustained price increases in Q3 and Q4, with DDR4 leading the market due to supply-side reforms and production cuts by major manufacturers [15][19] - DRAM and NAND prices are expected to rise significantly, with PC DDR4 contract prices projected to increase by 18-23% in Q3 [24][31] Supply Side - The Chinese semiconductor storage market is projected to grow from approximately 394.3 billion yuan in 2023 to 458 billion yuan in 2025, with DRAM holding the largest market share [59][61] - Major overseas manufacturers are reducing production, benefiting domestic companies and increasing their market share [59][63] Demand Side - The report indicates that DRAM and NAND are entering a long growth cycle, with DRAM demand capacity expected to grow by 16% in 2024 and 15% in 2025 [81][83] - The demand for enterprise-level SSDs is expected to rise significantly, with AI infrastructure driving performance and capacity upgrades [4][81] Technology Trends - The report discusses advancements in 3D NAND technology and the transition to higher efficiency DRAM processes, with expectations for 300-layer NAND production by 2025 [72][73] - The integration of AI technologies is expected to enhance the performance and capacity of storage solutions, particularly in enterprise applications [4][5] Company Dynamics - Domestic storage manufacturers are accelerating their technological advancements and production capabilities, with companies like Jiangbolong and Baiwei Storage leading the charge in high-end storage solutions [5][6][63] - The report emphasizes the importance of self-developed controllers and high-end technology in building competitive advantages for domestic firms [5][6]

重要内容提示： | 回购方案首次披露日 | 2025/6/21 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 6 月 9 | 23 | 日~2025 | 年 | 月 | 19 | 日 | | 预计回购金额 | 2亿元~4亿元 | | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | | | | | | | □用于转换公司可转债 | | | | | | | | | □为维护公司价值及股东权益 | | | | | | | | 累计已回购股数 | 100.20万股 | | | | | | | | 累计已回购股数占总股本比例 | 0.09% | | | | | | | | 累计已回购金额 | 7,904.86万元 | | | | | | | | 实际回购价格区间 | 77.79元/股~81.91元/股 | | | | | | | 证券代码：688008 证券简称：澜起科技 公告编号：2025-034 澜起科技股份有限公司 关于 2025 年回购 A 股 ...

Group 1: ETF Performance - The Sci-Tech Chip ETF has a turnover rate of 4.28% and a transaction volume of 1.171 billion yuan [3] - Over the past week, the ETF's scale increased by 1.071 billion yuan, ranking first among comparable funds [3] - The ETF's share increased by 177 million shares in the past week, also ranking first among comparable funds [3] - In the last five trading days, the ETF saw net inflows on four days, totaling 309 million yuan [3] - The ETF's net value has risen by 63.15% over the past year, ranking first among comparable funds [3] - The ETF has achieved a maximum single-month return of 25.18% since its inception, with an average monthly return of 8.58% [3] Group 2: Semiconductor Market Trends - The global semiconductor market is expected to grow by 22.7% year-on-year by April 2025, reaching a market size of 700.874 billion dollars [4] - The growth is primarily driven by logic chips and memory chips, with AI applications accelerating penetration [4] - The industry is experiencing a wave of mergers and acquisitions across various sectors, including materials, equipment, and packaging [4] - The evolution of global trade dynamics has made semiconductor self-sufficiency a key strategic focus for China's industrial development [4] - The semiconductor industry is entering a new upward cycle, supported by government policies and the AI innovation cycle [4] Group 3: Top Holdings in Chip Index - The top ten weighted stocks in the Sci-Tech Chip Index include SMIC, Haiguang Information, and Cambricon, collectively accounting for 57.93% of the index [4] - The individual weightings of the top stocks are as follows: SMIC (10.08%), Haiguang Information (9.35%), and Cambricon (8.61%) [6] - Investors without stock accounts can access domestic chip investment opportunities through the Sci-Tech Chip ETF linked fund (017470) [6]

Core Viewpoint - The company, Lanke Technology, is actively engaging in share repurchase and plans to issue H-shares for further capital raising and market expansion [1][2][3] Group 1: Stock Performance - As of June 27, 2025, Lanke Technology's stock closed at 80.15 yuan, down 1.74% from the previous week [1] - The stock reached a weekly high of 81.5 yuan and a low of 77.45 yuan [1] - The company's total market capitalization is 91.755 billion yuan, ranking 7th in the semiconductor sector and 151st among all A-shares [1] Group 2: Share Repurchase - The company announced its first share repurchase plan for 2025, with a total repurchase amount of 2 billion to 4 billion yuan [2] - As of June 23, 2025, the company has repurchased 450,000 shares, accounting for 0.04% of the total share capital, with a total expenditure of approximately 35.1176 million yuan [1][3] - The repurchase price range was between 77.79 yuan and 78.29 yuan per share [1] Group 3: Upcoming Events - Lanke Technology will hold its first extraordinary general meeting on July 7, 2025, to discuss several proposals, including the issuance of H-shares and amendments to the company's articles of association [2][3] - The company plans to issue H-shares on the Hong Kong Stock Exchange, with a maximum issuance not exceeding 9% of the total share capital post-issuance [2] - The funds raised from the H-share issuance will primarily be used for cutting-edge technology research in interconnected chips and global market expansion [2]