智通财经APP讯，乐鑫科技(688018.SH)发布公告，公司于近日收到中国证券监督管理委员会出具的 《关于同意乐鑫信息科技(上海)股份有限公司向特定对象发行股票注册的批复》(证监许可〔2025〕1854 号)，同意公司向特定对象发行股票的注册申请。 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 688018 | 乐整科技 | 191.15 | -12.39% | 9.97万 | 20.01亿 | | 688702 | 盛科通信 | 111.00 | -11.82% | 10.26万 | 11.86亿 | | 688347 | 华虹公司 | 76.80 | -10.40% | 61.97万 | 48.73 乙 | | 603375 | 盛景微 | 40.08 | -9.77% | 10.09万 | 4.15亿 | | 688048 | 长光华芯 | 76.27 | -9.43% | 16.58万 | 13.18亿 | | 688729 | 吃唐股份 | 28.82 | -9.20% | 37.00万 | 11.00亿 | | 688691 | 灿芯股份 | 76.46 | -9.17% | 10.95万 | 8.51亿 | | 603893 | 瑞芯微 | 212.99 | -8.97% | 24.74万 | 54.27 乙 | | 688 ...

Investment Rating - The report maintains an "Accumulate" rating for the company [6][4]. Core Views - The company achieved a revenue of 1.246 billion RMB in 1H25, representing a year-over-year growth of 35.35%, with a net profit of 261 million RMB, up 72.29% year-over-year [1][2]. - The demand for AIoT remains strong, contributing to revenue growth from new markets such as 3D printing, AI toys, and medical devices [1][3]. - The company is expanding its product offerings in high-performance SoC and high-speed data transmission markets, leveraging its existing ecosystem advantages [1][4]. Summary by Sections Financial Performance - In 2Q25, the company reported a revenue of 688 million RMB, a year-over-year increase of 29.02% and a quarter-over-quarter increase of 23.28% [1]. - The gross margin improved to 46.69%, up 2.58 percentage points year-over-year, while the net margin increased to 24.52%, up 5.98 percentage points year-over-year [1][2]. Product Development - The company is actively investing in the development of Wi-Fi 7 and multi-core RISC-V technologies, with R&D expenses reaching 268 million RMB in 1H25, a year-over-year increase of 22.66% [2]. - The first Wi-Fi 6E wireless communication chip is expected to enter mass production in the second half of 2025, marking a significant advancement in the high-performance wireless communication chip sector [3]. Profit Forecast and Valuation - The report revises the gross margin forecasts for 2025, 2026, and 2027 to 44.94%, 43.10%, and 41.98%, respectively, and raises the net profit estimates for the same years to 556 million RMB, 718 million RMB, and 970 million RMB [4][10]. - The target price is set at 237.10 RMB, reflecting a 55x PE ratio for 2026, with the previous target price being 173.7 RMB [4][7].

Group 1 - Dekoli's stock dropped over 14% [1] - Huicheng Vacuum, Tianfu Communication, Dingtong Technology, and Taicheng Light all fell over 11% [1] - Lexin Technology and Oulu Tong experienced declines of over 10% [1]

Group 1 - Dekoli's stock dropped over 13% [1] - Huicheng Vacuum, Tianfu Communication, and Dingtong Technology each fell over 11% [1] - Taicheng Light's stock decreased by over 10% [1] - Lexin Technology and Oulu Tong both experienced declines of over 9% [1]

Core Insights - Dekoli's stock dropped over 13%, indicating significant market volatility [1] - Huicheng Vacuum, Tianfu Communication, and Dingtong Technology experienced declines exceeding 11% [1] - Taicheng Light's stock fell by over 10%, while Lexin Technology and Oulutong saw declines of over 9% [1] Group 1 - Dekoli's decline of over 13% suggests potential concerns regarding its market performance [1] - The significant drops in Huicheng Vacuum, Tianfu Communication, and Dingtong Technology, each exceeding 11%, may indicate broader industry challenges [1] - Taicheng Light's drop of over 10% could reflect investor sentiment or operational issues within the company [1] Group 2 - Lexin Technology and Oulutong's declines of over 9% may signal competitive pressures or market adjustments affecting these firms [1]

Group 1 - High-priced stocks continued to weaken in the afternoon on September 2, with Dekoli falling over 14% [2] - Huicheng Vacuum, Tianfu Communication, Dingtong Technology, and Taicheng Light all dropped over 11% [2] - Lexin Technology and Oulutong experienced declines of over 10% [2]

本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 截至8月31日，A股公司2025年的中报已经落下帷幕，仅剩3家ST公司还未披露财报。根据中报数据梳理发现， 不少知名私募基金经理管理的私 募产品现身在 A股公司的前十大流通股东名单之中 。 为了给读者提供一些参考，笔者根据A股公司披露的十大流通股东数据，梳理出了 冯柳、邓晓峰、裘国根、董承非、夏俊杰、蒋彤、赵军、吴伟 志、卓利伟 （按持股市值排序）等9位知名的百亿私募基金经理旗下产品在二季度末的A股持仓。 根据Choice数据， 截至 2025年二季度 末， 9位私募大佬旗下产品合计持有41家A股公司，持股 市值 合计约为 298.31 亿元 ， 截至 8月底，今 年来涨幅平均值约为33.32% 。 其中， 持股公司数在 5家以上的有冯柳、夏俊杰、邓晓峰、董承非。持股市值超100亿元的仅有冯柳和邓晓峰。 下面，笔者就为大家详细盘点各位私募大佬的持仓和动向。 需要说明的是，个股今年以来的涨跌幅，不代表基金经理旗下产品重仓股的浮盈或 者浮亏比例。（ 点此领取9位百亿私募大佬最新持仓名单 ） | # 宮 | 股票简称 | 二季度末 | 二季度末 | 二 ...

公司摊薄每股收益为1.69元，在已披露的同业公司中排名第6，较去年同报告期摊薄每股收益增加0.39元，实现3年连续上涨，同比较去年同期上涨30.36%。 公司最新总资产周转率为0.42次，在已披露的同业公司中排名第8，较去年同期总资产周转率增加0.02次，实现3年连续上涨，同比较去年同期上涨4.40%。 最新存货周转率为1.37次，在已披露的同业公司中排名第54。 公司股东户数为1.61万户，前十大股东持股数量为8170.69万股，占总股本比例为52.14%，前十大股东持股情况如下： | 序号 | 股东名称 | 持股 | | --- | --- | --- | | T | 樂鑫(香港)投資有限公司 | 40.0 | | 2 | 香港中央结算有限公司 | 3.31 | | 3 | 上海睿郡资产管理有限公司-睿郡有孚1号私募证券投资基金 | 1.50 | | ব | 中信证券股份有限公司-嘉实上证科创板芯片交易型开放式指数证券投资基金 | 1.43 | | 5 | 上海睿郡资产管理有限公司-睿郡有孚3号私募证券投资基金 | 1.23 | | 6 | Shinvest Holding Ltd. | 1.21 | | ...

August 28, 2025 01:40 PM GMT Espressif Systems | Asia Pacific China BEST Conference Takeaways Key highlights: | M | | Update | | --- | --- | --- | | August 28, 2025 01:40 PM GMT | | | | Espressif Systems Asia Pacific | Morgan Stanley Taiwan Limited+ Daniel Yen, CFA | | | | Equity Analyst | | | China BEST Conference | Daniel.Yen@morganstanley.com | +886 2 2730-2863 | | | Charlie Chan | | | | Equity Analyst | | | | Charlie.Chan@morganstanley.com | +886 2 2730-1725 | Morgan Stanley Asia Limited+ Daisy Dai, CFA ...