长光华芯(688048.SH)发布公告，截至2025年9月8日，国投创业上海基金已经通过集中竞价交易和大宗 交易方式减持公司股份345.9万股，占公司总股本的1.96%，本次减持计划时间已届满。 ...

证券代码：688048 证券简称：长光华芯 公告编号：2025-046 本次减持计划实施前，国投（上海）科技成果转化创业投资基金企业（有限 合伙）（以下简称"国投创业上海基金"）持有苏州长光华芯光电技术股份有限公 司（以下简称"公司"）股份 10,419,882 股，占公司总股本的 5.91%，为公司首 次公开发行前取得的股份及公司送股所得，已于 2023 年 10 月 9 日解除限售并 上市流通。 2025 年 5 月 15 日，公司披露了《股东减持股份计划公告》（公告编号： 2025-032），股东国投创业上海基金计划以集中竞价交易和大宗交易方式减持其 持有的公司股份，合计减持数量不超过 3,525,598 股，即不超过公司总股本的 2.00%,将于公告披露之日起十五个交易日后的三个月内进行。 截至 2025 年 9 月 8 日，国投创业上海基金已经通过集中竞价交易和大宗交 易方式减持公司股份 3,458,958 股，占公司总股本的 1.96%，本次减持计划时间 已届满。 | 股东名称 | 国投创业上海基金 | | | | --- | --- | --- | --- | | | 控股股东、实控人及一致行动 ...

格隆汇9月8日丨长光华芯(688048.SH)公布，截至2025年9月8日，国投创业上海基金已经通过集中竞价 交易和大宗交易方式减持公司股份3,458,958股，占公司总股本的1.96%，本次减持计划时间已届满。 ...

Group 1 - The semiconductor stocks in the A-share market experienced a collective decline, with significant drops in several companies [1] - Yuanjie Technology saw a decrease of over 14.62%, with a total market capitalization of 27.4 billion [2] - Dongxin Co. fell by 12.16%, reaching a market value of 38.5 billion, while Chengdu Huamei dropped by 10.05% with a market cap of 29.9 billion [2] Group 2 - Other notable declines included Cambricon Technologies down by 6.86% with a market cap of 499.3 billion, and Changguang Huaxin down by 6.16% with a market value of 12.2 billion [2] - Honghua Company and Liyang Chip both experienced declines of over 5%, with market caps of 118.4 billion and 5.244 billion respectively [2] - The overall trend indicates a challenging environment for semiconductor stocks in the A-share market, with many companies showing significant year-to-date gains despite recent declines [1][2]

Core Viewpoint - The company maintains profit forecasts, raises target price, and retains a buy rating, with strong performance in the first half of the year leading to a turnaround in profitability and revenue growth [1][2]. Financial Performance - The company reported a revenue of 214 million yuan for the first half of 2025, a year-on-year increase of 68.08%, and a net profit attributable to shareholders of 8.97 million yuan, marking a return to profitability [2]. - In Q2 alone, the company achieved a revenue of 120 million yuan, a year-on-year growth of 59.98% and a quarter-on-quarter increase of approximately 30%, with a net profit of 16.47 million yuan, up 171.53% year-on-year [2]. Technological Innovation - The company has made significant breakthroughs in high-power products and VCSEL technology, with a single-tube chip achieving a continuous power of 132W, surpassing the previous maximum of 100W [3]. - The efficiency of VCSEL chips has improved to 74%, with applications in consumer electronics, optical communications, and automotive laser radar [3]. - The company has developed capabilities in three types of optical communication chips: EML, VCSEL, and CW Laser, with 100G EML already in mass production and 200G EML samples being sent out [3]. Catalysts - The acquisition process is progressing smoothly, and the company has received orders for CW products [4].

Company Overview - Changguang Huaxin is a semiconductor laser chip manufacturer based in Suzhou, Jiangsu Province, established on March 6, 2012, and listed on April 1, 2022 [1] - The company's main business includes the research, manufacturing, and sales of core components in the laser industry, such as semiconductor laser chips, devices, and modules [1] Financial Performance - As of September 5, Changguang Huaxin's stock price increased by 5.01%, reaching 72.96 CNY per share, with a trading volume of 563 million CNY and a turnover rate of 7.44%, resulting in a total market capitalization of 12.861 billion CNY [1] - The revenue composition of the company is as follows: high-power single-tube series accounts for 76.98%, VCSEL and optical communication chip series 11.47%, high-power bar series 5.54%, other products 5.05%, and waste sales 0.96% [1] Shareholder Information - Among the top ten circulating shareholders of Changguang Huaxin, a fund under Southern Fund, the Southern CSI 1000 ETF (512100), entered the top ten in the second quarter, holding 954,700 shares, which is 0.9% of the circulating shares [2] - The estimated floating profit for this fund today is approximately 3.3224 million CNY [2] Fund Manager Profile - The fund manager of Southern CSI 1000 ETF (512100) is Cui Lei, who has been in the position for 6 years and 304 days [3] - The total asset size of the fund is 94.976 billion CNY, with the best fund return during the tenure being 127.43% and the worst being -22.33% [3]

Group 1 - The stock of兆易创新 has hit the daily limit down, indicating a significant decline in its market value [1] - Other companies such as源杰科技, 炬光科技, 长光华芯, 成都华微, 通富微电, and寒武纪-U have also experienced a downward trend in their stock prices, following兆易创新's lead [1]

Group 1 - The semiconductor stocks in the A-share market experienced a collective pullback, with significant declines observed in several companies [1] - Yuanjie Technology saw a drop of over 10%, while Cambricon and Tongfu Microelectronics fell by more than 7% [1] - Other companies such as Liyang Chip and Chengdu Huamei also reported declines exceeding 6% [1] Group 2 - Yuanjie Technology's market capitalization is 30.6 billion, with a year-to-date increase of 165.87% despite the recent decline of 10.42% [2] - Cambricon's market capitalization stands at 546.1 billion, with a year-to-date increase of 98.38%, experiencing a drop of 7.09% [2] - Tongfu Microelectronics has a market capitalization of 49.9 billion and a year-to-date increase of 11.39%, with a recent decline of 7.07% [2]

Core Viewpoint - The semiconductor stocks in the A-share market have shown strong performance, with several companies experiencing significant price increases and notable year-to-date gains [1][2]. Group 1: Stock Performance - Chengdu Huami (688709) reached a 20% increase, with a total market capitalization of 37.8 billion and a year-to-date gain of 92.45% [2]. - Source Technology (688498) saw a rise of 16.48%, with a market cap of 35.2 billion and a year-to-date increase of 205.89% [2]. - Dongxin Co. (688110) increased by 13.54%, with a market value of 59.3 billion and a year-to-date gain of 438.07% [2]. - Zhichun Technology (603690) rose by 9.99%, with a market cap of 11.8 billion and a year-to-date increase of 22.55% [2]. - Changguang Huaxin (688048) experienced an 8.18% increase, with a market cap of 14.5 billion and a year-to-date gain of 111.62% [2]. - Other notable performers include Minxin Co. (688286) with a 6.46% increase, Tianyue Advanced (688234) with a 6% rise, and Tongfu Microelectronics (002156) with a 5.92% increase [1][2]. Group 2: Market Capitalization and Year-to-Date Gains - The total market capitalization of the top semiconductor stocks reflects strong investor interest, with Chengdu Huami leading at 37.8 billion and Source Technology at 35.2 billion [2]. - Year-to-date performance highlights significant growth, particularly for Dongxin Co. with a staggering 438.07% increase, indicating robust market dynamics in the semiconductor sector [2].

Group 1 - The semiconductor stocks in the A-share market have shown strong performance, with several companies hitting their daily price limits or experiencing significant gains [1] - Notable performers include Chengdu Huami, which reached a 20% increase, and Yuanjie Technology, which rose over 16% [1][2] - Other companies such as Dongxin Co., Zhichun Technology, and Jietek also experienced substantial gains, contributing to a positive trend in the semiconductor sector [1][2] Group 2 - Chengdu Huami has a total market capitalization of 37.8 billion, with a year-to-date increase of 92.45% [2] - Yuanjie Technology's market cap stands at 35.2 billion, with an impressive year-to-date increase of 205.89% [2] - Dongxin Co. has a market value of 59.3 billion and a remarkable year-to-date increase of 438.07% [2]