《沈阳芯源微电子设备股份有限公司关于持股 5%以上股东拟通过公开征集转让 方式协议转让公司股份的提示性公告》《沈阳芯源微电子设备股份有限公司关于 持股 5%以上股东拟通过公开征集转让方式协议转让公司股份的公告》《沈阳芯 源微电子设备股份有限公司关于持股 5%以上股东拟通过公开征集转让方式协议 转让公司股份的进展公告》《沈阳芯源微电子设备股份有限公司关于持股 5%以 证券代码：688037 证券简称：芯源微 公告编号：2025-021 沈阳芯源微电子设备股份有限公司 关于筹划控制权变更的进展公告 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。 沈阳芯源微电子设备股份有限公司（以下简称"公司"）持股 5%以上股东 沈阳先进制造技术产业有限公司（以下简称"先进制造"）于 2025 年 3 月 10 日 与北方华创科技集团股份有限公司（以下简称"北方华创"）签署了《股份转让 协议》，先进制造拟将其持有的 19,064,915 股公司股份转让至北方华创，交易价 格为 88.48 元/股，交易金额为 1,686,863,679.20 ...

金十数据4月21日讯，北方华创公告，公司已收到北京市国资委原则同意收购芯源微股份的批复，以及 中国科学院沈阳自动化研究所同意中科天盛向公司转让股份的批复。 北方华创：协议受让芯源微股份事项获批复 ...

规模方面，科创100指数ETF近1年规模增长3.71亿元，实现显著增长，新增规模位居可比基金2/10。 份额方面，科创100指数ETF近2周份额增长1.14亿份，实现显著增长，新增份额位居可比基金2/10。 资金流入方面，科创100指数ETF近4个交易日内有3日资金净流入，合计"吸金"6572.26万元，日均净流入达1643.06万元。 数据显示，杠杆资金持续布局中。科创100指数ETF前一交易日融资净买额达403.64万元，最新融资余额达3.32亿元。 截至2025年4月10日 10:10，上证科创板100指数(000698)强势上涨4.56%，成分股生益电子(688183)上涨13.18%，华曙高科(688433)上涨12.94%，道通科技 (688208)上涨12.70%，铂力特(688333)，奥普特(688686)等个股跟涨。科创100指数ETF(588030)上涨4.37%， 冲击3连涨。最新价报0.93元。拉长时间看，截 至2025年4月9日，科创100指数ETF近3月累计上涨4.44%。 流动性方面，科创100指数ETF盘中换手3.81%，成交2.29亿元。拉长时间看，截至4月9日，科创100 ...

长江商报消息 ●长江商报记者 汪静 国内半导体龙头北方华创（002371.SZ）再传捷报。 4月8日盘前，北方华创发布公告称，2024年，公司实现营业收入298.38亿元，同比增长35.14%；实现净 利润56.21亿元，同比增长44.17%。 北方华创披露，公司营收和净利连续三年增长，营业收入年复合增长率为42.53%，净利润年复合增长 率为54.57%。长江商报记者注意到，自2016年重组以来，北方华创营收净利就实现持续增长。 同日，公司还发布了2025年一季度业绩预告，净利润预计为14.2亿元—17.4亿元，延续高增态势。 值得一提的是，当前北方华创正在推进"A吃A"，拟两步走耗资31.35亿元成为芯源微（688037.SH）第 一大股东，并谋求控制权，完善半导体产业布局。 净利八年增长59倍 北方华创是由七星电子和北方微电子重组而来，着眼半导体设备、真空设备、新能源锂电设备及精密电 子元件四大业务板块，是国内主流高端电子工艺装备供应商，也是重要的高精密电子元器件生产基地。 2016年联合重组实施，2017年更名为北方华创。近年来，由于下游行业需求扩大，北方华创业绩规模迅 速增长。2016年，公司营业收 ...

Investment Rating - The report maintains an "Overweight" rating for the semiconductor industry [1] Core Viewpoints - The increase in import tariffs on semiconductor equipment from the US is beneficial for the domestic replacement of both mature and advanced process equipment, supporting the trend of self-sufficiency [5][6] - The import value of semiconductor equipment from the US in 2024 is estimated to be approximately 33.7 billion yuan, accounting for about 20% of total imports [6][8] - The newly imposed 34% tariff on US imports is expected to increase the cost of imported equipment by over 50%, giving a significant price advantage to domestic equipment [5][6] - The report highlights that the major imported equipment from the US includes ion implantation and metrology equipment, with the largest import value for metrology equipment at approximately 12.25 billion yuan [7][8] - Major US equipment manufacturers have production bases in Singapore and Malaysia, which affects the reported import values [11] Summary by Sections Section 1: Impact of Tariffs - The increase in tariffs is expected to accelerate the domestic production of semiconductor equipment, particularly benefiting the mature process segment due to its price sensitivity [5][6] Section 2: Equipment Import Breakdown - In 2024, the largest import value from the US is for metrology equipment at 12.25 billion yuan, followed by ion implantation equipment at approximately 10.15 billion yuan [7][8] Section 3: Revenue from US Equipment Manufacturers - The combined revenue of four major US equipment manufacturers in China is estimated at around 120 billion yuan, indicating a significant market presence [11][15] Section 4: Investment Recommendations - The report recommends focusing on front-end and back-end semiconductor equipment manufacturers, highlighting specific companies such as North Huachuang and Zhongwei Company for front-end platform equipment, and others for various segments [18]

Investment Rating - The report maintains an "Overweight" rating for the semiconductor industry [1] Core Viewpoints - The increase in import tariffs on semiconductor equipment from the US is beneficial for the domestic replacement of both mature and advanced process equipment, supporting the trend of self-sufficiency [5][6] - The import value of semiconductor equipment from the US in 2024 is estimated to be approximately 33.7 billion yuan, accounting for about 20% of total imports [6][8] - The newly imposed 34% tariff on US imports is expected to increase the cost of imported key equipment by over 50%, giving a significant price advantage to domestic equipment [5][6] - The report highlights that the major imported equipment from the US includes ion implantation and metrology equipment, with the largest import value for metrology equipment at approximately 12.25 billion yuan [7][8] - Major US equipment manufacturers have production bases in Singapore and Malaysia, which affects the reported import values [11] Summary by Sections Section 1: Impact of Tariffs - The increase in tariffs is expected to accelerate the domestic replacement of semiconductor equipment, particularly benefiting mature process chips due to their price sensitivity [5][6] Section 2: Equipment Import Breakdown - In 2024, the largest import value from the US is for metrology equipment at 12.25 billion yuan, followed by ion implantation equipment at approximately 10.15 billion yuan [7][8] Section 3: Revenue from US Equipment Manufacturers - The combined revenue of four major US equipment manufacturers in China is estimated at around 120 billion yuan, indicating a significant presence in the market [11][12] Section 4: Investment Recommendations - The report recommends focusing on front-end and back-end semiconductor equipment and component manufacturers, highlighting specific companies such as North Huachuang and Zhongwei Company [18]

Core Viewpoint - The transfer of shares from Shen Yang Zhongke Tiansheng Automation Technology Co., Ltd. to Northern Huachuang is expected to enhance the collaboration between the two companies, potentially leading to accelerated growth in performance for Chip Source Microelectronics [3][4]. Group 1: Share Transfer Details - Shen Yang Zhongke Tiansheng Automation Technology Co., Ltd. transferred 16,899,750 shares, accounting for 8.41% of the total share capital of Chip Source Microelectronics [3]. - Northern Huachuang is set to acquire an additional 9.49% of shares from Advanced Manufacturing, totaling 19,064,915 shares, which will increase its stake to 17.90% if both transfers are completed [4]. Group 2: Business Performance and Strategy - In 2024, Chip Source Microelectronics experienced revenue growth in the front-end wafer processing sector, particularly in photoresist coating and development, with ongoing advancements in high-capacity machine models [4]. - The company maintains its leading position in the domestic market for front-end physical cleaning machines, with successful client introductions for new strategic products, including chemical cleaning machines [4].

Investment Rating - The report maintains an "Overweight" rating for the machinery equipment industry, particularly highlighting opportunities in semiconductor equipment due to tariff impacts [1]. Core Insights - The report emphasizes the impact of tariffs on the machinery equipment sector, particularly the 34% tariff on U.S. imports, which raises the total export tariff to the U.S. for engineering machinery to 79%. However, the actual impact on major companies is limited due to their low exposure to the U.S. market [1][2]. - The report identifies potential growth in domestic demand and the electric vehicle transition as key factors for the forklift segment, while also noting the limited impact of tariffs on exports [3]. - The semiconductor equipment sector is expected to benefit from increased domestic production due to tariffs, with a focus on both mature and advanced process equipment [4]. Summary by Sections Engineering Machinery - The report highlights that major engineering machinery companies have minimal exposure to the U.S. market, with SANY Heavy Industry at approximately 3% and XCMG at about 1% [1][2]. - Companies with overseas factories, particularly in North America and Mexico, are better positioned to mitigate tariff risks [2]. - The report recommends companies like SANY Heavy Industry, XCMG, and LiuGong for their strategic factory locations [2]. Forklifts - The report notes that domestic forklift manufacturers have limited exposure to the U.S. market, and the impact of tariffs is manageable due to pre-stocked inventory [3]. - It suggests that the domestic forklift market will see growth driven by the electric vehicle transition and government policies supporting domestic demand [3]. Semiconductor Equipment - The report indicates that the 34% tariff on U.S. imports will accelerate the domestic production of semiconductor equipment, particularly in mature processes where price sensitivity is higher [4]. - It recommends focusing on companies involved in both front-end and back-end semiconductor equipment, highlighting firms like North China Innovation and Zhongwei Company [4]. General Automation - The report suggests that the general automation sector will see limited impact from tariffs, with a focus on domestic demand for tools and automation products [5][8]. - It highlights the recovery in manufacturing and logistics sectors as potential growth drivers for the general automation market [8]. Investment Recommendations - The report provides a list of recommended companies across various segments, including semiconductor equipment, engineering machinery, and general automation, emphasizing their potential for growth in the current market environment [1][16].

事件： 此次交易基于公司发展战略进行，旨在发挥协同效应，提高股东回报。 在半导体装备业务板块，北方华创的主要产品包括刻蚀、薄膜沉积、炉管、清洗、快速退火和晶体生长 等核心工艺装备，芯源微的主要产品包括涂胶显影设备等核心工艺装备。双方同属集成电路装备行业， 但产品布局有所不同，具有互补性，有利于双方协同效应的发挥。一方面，双方可以通过合作，推动不 同设备的工艺整合，协同为客户提供更完整、高效的集成电路装备解决方案；另一方面，双方可在研 发、供应链、客户资源等方面加强协同，共同提升企业竞争力和股东回报能力。 2025 年3 月31 日，北方华创与中科天盛签署了《股份转让协议》。为加快推动北方华创战略落实，发 挥协同效应，提高股东回报，公司以现金为对价，协议受让中科天盛持有的芯源微8.41%股份，合计 16,899,750 股，受让价格为85.71元/股，交易金额为14.48 亿元。 风险提示：技术与产品研发风险；贸易环境影响。 点评： 2025 年3 月10 日，公司与先进制造签署了股份转让协议，公司拟受让沈阳先进制造技术产业有限公司 持有的芯源微9.49%股份，合计19,064,915 股，截至2025 年4 ...