Group 1 - The company Huahai Qingke (688120.SH) has disclosed a shareholder inquiry transfer plan [1] - The shareholders participating in this transfer are Qingjin Houde (Jinan) Technology Partnership (Limited Partnership) and Ningbo Qingjin Lide Enterprise Management Partnership (Limited Partnership) [1] - The total number of shares to be transferred is 12.8297 million shares, accounting for 3.63% of the company's total share capital [1]

中信证券股份有限公司 关于华海清科股份有限公司股东 向特定机构投资者询价转让股份 相关资格的核查意见 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 1 中信证券股份有限公司（以下简称"中信证券"）受华海清科股份有限公司 （以下简称"华海清科"）股东清津厚德（济南）科技合伙企业（有限合伙）、 宁波清津立德企业管理合伙企业（有限合伙）（以下简称"出让方"）委托，组 织实施本次华海清科首发前股东向特定机构投资者询价转让（以下简称"本次询 价转让"）。 根据《关于在上海证券交易所设立科创板并试点注册制的实施意见》《科创 板上市公司持续监管办法（试行）》《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》《上海证券交易所科创板上市公司自律监管指引第 4 号——询价 转让和配售（2025 年 3 月修订）》（以下简称"《询价转让和配售指引》"）等 相关规定，中信证券对参与本次询价转让股东的相关资格进行核查，并出具本核 查意见。 一、本次询价转让的委托 中信证券收到出让方关于本次询价转让的委托，委托中信证券组织实施本次 询价转让。 二、关于参与本次询价转让股东相关资格的核查情况 （一）核查过程 根 ...

证券代码：688120 证券简称：华海清科 公告编号：2025-059 华海清科股份有限公司 股东询价转让计划书 本次询价转让不通过集中竞价交易或大宗交易方式进行，不属于通过二级 市场减持。受让方通过询价转让受让的股份，在受让后 6 个月内不得转让； 本次询价转让的受让方为具备相应定价能力和风险承受能力的机构投资 者。 一、拟参与转让的股东情况 （一）出让方的名称、持股数量、持股比例 出让方委托中信证券股份有限公司（以下简称"中信证券"）组织实施本次 询价转让。截至 2025 年 9 月 12 日，出让方所持首发前股份的数量、占公司总股 本比例情况如下： 股东清津厚德（济南）科技合伙企业（有限合伙）、宁波清津立德企业管理 合伙企业（有限合伙）保证向华海清科股份有限公司提供的信息内容不存在任何 虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和完整性依法承担 法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 拟参与华海清科股份有限公司（以下简称"华海清科"或"公司"）首发 前股东询价转让（以下简称"本次询价转让"）的股东为清津厚德（济南）科技 合伙企业（有限合 ...

证券代码：688120 证券简称：华海清科 公告编号：2025-060 华海清科股份有限公司 关于回购股份事项前十大股东和前十大无限售条件 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。 特此公告 华海清科股份有限公司 董 事 会 2025 年 9 月 13 日 根据《上市公司股份回购规则》及《上海证券交易所上市公司自律监管指引 第 7 号——回购股份》等相关规定，现将公司 2025 年第三次临时股东大会股权 登记日（即 2025 年 9 月 9 日）登记在册的前十大股东和前十大无限售条件股东 的名称、持股数量和持股比例情况公告如下： | 序号 | 股东名称 | 持股数量（股） | 占总股本比例（%） | | --- | --- | --- | --- | | 1 | 清控创业投资有限公司 | 99,460,887 | 28.14 | | 2 | 路新春 | 20,998,046 | 5.94 | | 3 | 清津厚德（济南）科技合伙企业（有限合伙） | 18,842,291 | 5.33 | | 4 ...

Core Viewpoint - Huahai Qingke announced that shareholders Qingjin Houde (Jinan) Technology Partnership and Ningbo Qingjin Lide Enterprise Management Partnership plan to transfer a total of 12.8297 million shares, representing 3.63% of the company's total share capital [1] Summary by Sections - **Share Transfer Details** - The total number of shares to be transferred is 12.8297 million, which accounts for 3.63% of the company's total share capital [1] - The transferees will be institutional investors with appropriate pricing capabilities and risk tolerance [1] - The minimum transfer price will not be lower than 70% of the average stock trading price over the 20 trading days prior to the issuance of the subscription invitation on September 12, 2025 [1] - **Use of Proceeds** - The funds raised from the share transfer will be used for the shareholders' own funding needs [1] - **Post-Transfer Shareholding** - After the transfer is completed, the combined shareholding ratio of the two shareholders will decrease to below 5% [1]

Group 1 - The core viewpoint of the article highlights the performance of the Kexin Chip 50 ETF (588750), which opened with a slight increase of 0.23% at 1.332 yuan [1] - The major holdings of the Kexin Chip 50 ETF include companies such as SMIC, Haiguang Information, and Cambrian, with varying performance; for instance, SMIC decreased by 1.24%, while Cambrian increased by 1.73% [1] - The Kexin Chip 50 ETF's performance benchmark is the Shanghai Stock Exchange Science and Technology Innovation Board Chip Index, managed by Huatai-PineBridge Fund Management Co., Ltd., with a return of 33.47% since its establishment on December 18, 2024, and a return of 23.61% over the past month [1]

Group 1 - The core point of the article highlights the performance of the Kexin 50 Enhanced ETF (588460), which opened down 0.67% at 1.473 yuan on September 11 [1] - The major holdings of the Kexin 50 Enhanced ETF include companies like Haiguang Information, which rose by 0.60%, and SMIC, which fell by 1.24% [1] - The fund's performance benchmark is the Shanghai Stock Exchange Science and Technology Innovation Board 50 Index, managed by Penghua Fund Management Co., Ltd., with a return of 48.16% since its establishment on December 1, 2022, and a return of 21.79% over the past month [1] Group 2 - The article provides specific stock performance details of the ETF's holdings, including notable movements such as Cambrian's increase of 1.73% and Lanke Technology's decrease of 3.59% [1] - The fund manager is Su Junjie, indicating a specific leadership in the management of the ETF [1] - The article emphasizes the importance of monitoring market risks associated with investments, although it does not provide specific risk details [1]

Group 1 - The core point of the article highlights the performance of the Sci-Tech Chip ETF (588200), which opened with a slight decline of 0.45% at 1.981 yuan on September 11 [1] - The major holdings of the Sci-Tech Chip ETF include companies like SMIC, which fell by 1.24%, and Cambrian, which rose by 1.73% [1] - The ETF's performance benchmark is the Shanghai Stock Exchange Sci-Tech Board Chip Index, managed by Harvest Fund Management, with a return of 100.24% since its inception on September 30, 2022, and a monthly return of 23.55% [1]

Core Viewpoint - The semiconductor industry is undergoing significant internal differentiation, and merely being labeled as "domestic" does not guarantee success. Companies must possess both offensive and defensive capabilities to thrive in this competitive landscape [1][6][57]. Group 1: Industry Dynamics - The semiconductor equipment and materials sector is heavily influenced by policy and technological breakthroughs, leading to varying growth potentials among companies [6]. - Companies that survive must be "dual-capable monsters," excelling in both new technology development and existing product iteration to maintain stable cash flow [6][57]. - The demand in the semiconductor market is split into two distinct tracks: advanced processes driven by a "technology arms race" and mature processes driven by massive chip demand from sectors like electric vehicles and IoT [8][9]. Group 2: Investment Opportunities - Investment in semiconductor equipment and materials is fundamentally about investing in the underlying infrastructure of the digital world, which offers strong certainty and sustainability [13]. - The investment landscape is layered, with higher technical barriers and profit margins in upstream sectors (EDA/IP, equipment) compared to downstream (design, manufacturing) [14]. - The real investment opportunities lie in the growth of domestic supply chains, particularly in critical components like RF power supplies and specialty ceramics [16][34]. Group 3: Market Trends - The global equipment market is dominated by major players like AMAT, ASML, and LAM, with a concentration ratio (CR3) exceeding 50%, indicating significant challenges for domestic players [33]. - China's semiconductor market is growing at a rate higher than the global average, driven by internal demand and policy support, making it a unique investment opportunity [36]. - The demand for advanced logic chips (≤28nm) is expected to grow rapidly, while mature logic (>28nm) represents the largest incremental opportunity, particularly in automotive and industrial control applications [40][41]. Group 4: Geopolitical Factors - Geopolitical pressures are creating a survival space for domestic manufacturers, with sanctions leading to a "stair-step" replacement rhythm, opening new opportunities for local firms [10][45]. - The timeline of sanctions indicates a systematic and long-term approach to containment, emphasizing the necessity for domestic substitution as a survival strategy [45]. Group 5: Challenges and Risks - The complexity and high costs associated with semiconductor manufacturing create significant barriers to entry, with any misstep potentially leading to substantial losses [20]. - The rapid pace of technological iteration requires high R&D investments, with projected R&D expenditures in the equipment sector exceeding 10 billion in 2024, reflecting a 42.5% increase [47]. - The materials sector faces high certification barriers and a lower domestic production rate, making it more challenging to achieve self-sufficiency compared to equipment [50][53].

Core Viewpoint - The article highlights the upcoming Bay Area Semiconductor Industry Ecosystem Expo (Bay Chip Expo 2025), emphasizing its role in showcasing the entire semiconductor industry chain and facilitating international collaboration in technology and innovation [2][11][17]. Group 1: Event Overview - The Bay Chip Expo 2025 will take place from October 15-17 at the Shenzhen Convention Center, covering an exhibition area of 60,000 square meters and featuring over 600 semiconductor companies [2][5]. - The expo aims to integrate the semiconductor industry chain, focusing on wafer manufacturing as a core link, and will present cutting-edge technologies and solutions from IC design to packaging and testing [5][9]. Group 2: Industry Collaboration - The expo will feature a significant international presence, with the number of international exhibitors increasing by over 50% compared to previous years, showcasing the event's growing global appeal [11][13]. - Domestic companies will have the opportunity to engage with international industry leaders, facilitating deep technical exchanges and accelerating the localization and innovation processes in key areas [14][16]. Group 3: Technological Focus - The wafer manufacturing exhibition area will be one of the largest, featuring top companies like ASML, AMAT, and Lam Research, which will demonstrate their strengths and innovations in wafer manufacturing [7][16]. - The event will cover a complete technology display matrix from "equipment - materials - manufacturing," promoting a shift from "single-point innovation" to "system collaboration" within the industry [9][10]. Group 4: Future Initiatives - TrendBank plans to host a heterogeneous integration annual meeting from November 17-19, 2025, focusing on advanced packaging technologies and aiming to establish Ningbo and the Yangtze River Delta as a hub for the advanced electronic information industry [25].