Core Points - The company has elected Mr. Wang Ke as the employee representative director for the second board of directors, with a term until the current board's expiration [2] - The company has appointed Mr. Liu Fusheng as the vice general manager, effective from the date of the board's approval until the end of the current board's term [3] Election of Employee Director - On September 29, 2025, the company received a letter from the labor union regarding the election of the employee director, leading to the election of Mr. Wang Ke [2] - Mr. Wang meets the qualifications and conditions for the employee representative director as per the Company Law and the company's articles of association [2] Appointment of Vice General Manager - The appointment of Mr. Liu Fusheng as vice general manager was approved during the 18th meeting of the second board of directors on September 29, 2025 [3] - Mr. Liu possesses the necessary qualifications to perform his duties, in compliance with relevant laws and regulations [3] Profiles of Key Personnel - Mr. Wang Ke, born in 1980, holds a Ph.D. from Dalian University of Technology and has extensive experience in Intel, serving in various senior roles [4] - Mr. Liu Fusheng, born in 1976, holds a master's degree from Nankai University and has held several managerial positions in the electronics industry prior to his current role [6]

Core Points - Huahai Qingke announced the election of Mr. Wang Ke as the employee representative director of the second board of directors, with a term ending when the current board's term concludes [1] - The company held its 18th meeting of the second board of directors on September 29, 2025, where it approved the appointment of Mr. Liu Fusheng as the deputy general manager, effective from the date of the board's approval until the end of the current board's term [1]

Group 1 - Yinglian Co., Ltd. expects a net profit increase of 1531.13% to 1672.97% year-on-year for the first three quarters of 2025, with projected revenue of 1.63 billion to 1.65 billion yuan, a growth of 9.49% to 10.83% [1] - Meixin Sheng plans to reduce its shareholding by no more than 1% through centralized bidding and block trading [1] - Huayin Technology signed two sales contracts totaling 402 million yuan, with one contract for special functional materials and another for research project materials [3] Group 2 - Shen Highways reported a total toll revenue of 114 million yuan for August [5] - Dash Smart signed a contract worth 113 million yuan for a smart hospital project [7] - Tianbang Food received an administrative regulatory measure decision from the China Securities Regulatory Commission for failing to disclose information in a timely manner [8] Group 3 - Fashilong plans to invest 250 million yuan to establish a wholly-owned subsidiary focused on AI applications and cloud computing [10] - Junpu Intelligent received a government subsidy of 20 million yuan, accounting for 243.97% of its audited net profit for 2024 [11] - Longyun Co. plans to apply for a bank credit limit of 32 million yuan [12] Group 4 - Yifan Pharmaceutical's subsidiary received acceptance for a drug registration application for a medication used to lower phenylalanine levels in patients [12] - Rundu Co. received a drug registration certificate for a hypertension medication [13] - Huahai Qingke elected a new employee director and appointed a new vice president [17] Group 5 - Wanyi Technology received a government subsidy of 173,000 yuan [19] - Haizheng Pharmaceutical's tacrolimus capsules passed the consistency evaluation for generic drugs [20] - Pulaike's new veterinary vaccine received registration certification [22] Group 6 - Boguang New Materials signed a major sales contract estimated at 4.3 billion to 5 billion yuan for nickel powder products [41] - Electric Soul Network announced plans for shareholders to reduce their holdings by up to 1.63% [42] - Jin Haitong's shareholders plan to reduce their holdings by up to 3% [44]

华海清科股份有限公司 关于选举职工董事、聘任副总经理的公告 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。 重要内容提示： 证券代码：688120 证券简称：华海清科 公告编号：2025-065 ●公司董事会聘任刘福生先生为公司副总经理 一、选举职工董事情况 公司于 2025 年 9 月 29 日收到公司工会《关于选举华海清科股份有限公司职 工董事的函》，经公司职工代表大会选举通过，选举王科先生（简历详见附件） 为公司第二届董事会职工代表董事，任期至本届董事会届满之日止。 王科先生符合《公司法》《公司章程》等相关规定的关于职工代表董事的任 职资格和条件，其当选职工代表董事后，公司第二届董事会中兼任高级管理人员 职务以及由职工代表担任的董事人数未超过公司董事总数的二分之一，符合相关 法律法规的要求。 刘福生先生具备与其行使职权相适应的任职条件，其任职资格符合《公司法》 《上海证券交易所科创板股票上市规则》等有关法律法规和规范性文件的规定。 ●华海清科股份有限公司（以下简称"公司"）职工代表大会选举王科先生 为公司第二届董事会 ...

Summary of Semiconductor Manufacturing and Equipment Industry Conference Call Industry Overview - The semiconductor manufacturing and equipment sector has shown remarkable performance in 2025, with the wafer foundry segment doubling in growth and the semiconductor equipment sector increasing by 57% since the beginning of the year [2][4] - The storage segment's expansion has significantly driven growth in the semiconductor equipment industry, with a 21% increase observed since September [1][2] Key Points and Arguments - **Storage Expansion Impact**: The expansion in the storage sector has led to increased confidence among manufacturers, with companies like Zhongwei and Huahai benefiting significantly, showing stock price increases of 30% and 50% respectively [1][3] - **Domestic Market Share Growth**: Domestic storage manufacturers have substantial room for market share growth, particularly in the NAND market, which is expected to rise from 10% to 30%, resulting in significant equipment spending increases [1][6] - **US Sanctions and Domestic Equipment Replacement**: US sanctions are accelerating the replacement of imported equipment with domestic alternatives, with potential increases in domestic equipment spending by 25 billion RMB if the domesticization rate rises from 30% to 80% [1][7] - **Advanced Logic Demand**: There is a strong demand for advanced logic, particularly for 7nm and below processes, with TSMC planning to add over 20 new wafer fabs to meet this demand [1][8] - **Supply and Demand Dynamics**: The domestic semiconductor market is experiencing high demand but tight supply, with projections indicating a rise in demand for 7nm wafers from 70,000-80,000 to over 100,000 in the next 3-5 years [9] Additional Important Insights - **Investment Value in Semiconductor Equipment**: The capital expenditure (Capex) for 7nm processes is approximately $2 billion per 10,000 wafers, with potential increases for more advanced processes, indicating substantial investment opportunities [10] - **Mature Logic Sector Development**: Companies like Huahong are expanding their production capacity, which is expected to drive continuous orders and growth in the equipment sector [11] - **Wafer Foundry Performance**: Notable stock performance in companies like SMIC and Huahong, with significant increases in both A-share and Hong Kong stock markets, reflecting strong industry sentiment and demand recovery [12][13] - **High Utilization Rates**: SMIC and Huahong reported high utilization rates of 92.3% and 108% respectively, indicating robust domestic demand and a recovery in wafer foundry services [14] - **AI and Advanced Process Influence**: AI and advanced processes are major growth drivers, with significant revenue potential from 7nm and 5nm processes, suggesting a strong market outlook for the semiconductor industry [15][16]

Core Insights - The average stock price of the Sci-Tech Innovation Board is 41.82 yuan, with 73 stocks priced over 100 yuan, and the highest priced stock is Cambrian-U at 1339.00 yuan [1][2] Group 1: Stock Performance - 128 stocks on the Sci-Tech Innovation Board rose today, while 453 stocks fell, with an average decline of 2.37% among stocks priced over 100 yuan [1][2] - Cambrian-U, the highest priced stock, saw a decline of 3.44%, while other notable stocks like Maolai Optics and Baile Tianheng also experienced declines of 5.75% and 1.48% respectively [2][3] - The average premium of stocks priced over 100 yuan relative to their issue price is 467.69%, with the highest premiums seen in companies like Shuangwei New Materials (5332.11%), Cambrian-U (1979.52%), and Anji Technology (1667.24%) [1][2] Group 2: Industry Analysis - The majority of stocks priced over 100 yuan are concentrated in the electronics, pharmaceutical, and computer industries, with 36, 12, and 9 stocks respectively [1][2] - The net outflow of main funds from stocks priced over 100 yuan today totaled 54.79 billion yuan, with notable inflows into companies like Zhongwei Company and Huahai Qingke [2][3] - The total margin balance for stocks priced over 100 yuan is 953.47 billion yuan, with significant balances in companies like Zhongxin International and Cambrian-U [2][3]

Core Insights - The AI chip industry has seen a continuous increase in prosperity since 2025, with high investment levels in the semiconductor equipment sector [1] - Global semiconductor equipment company revenues are projected to grow by 12% year-on-year in 2025, with a 24% increase in Q2 2025 [1] - The demand for high-performance SoC testing machines and storage testing machines has significantly increased due to the complex requirements of AI chips [1] - The overseas semiconductor equipment market has experienced a 40% year-on-year growth driven by AI-related investments, particularly in testing and packaging equipment [1] - In contrast, the Chinese market saw a slight decline of 1% year-on-year in H1 2025, although the domestic semiconductor equipment localization rate increased by 6 percentage points to 21% [1] Company Performance - In H1 2025, several semiconductor equipment manufacturers showed varied performance, with nine front-end equipment companies achieving revenue growth [2] - Notable companies with the highest net profit growth include Weidou Nano (348.95%), Changchuan Technology (98.73%), Huafeng Measurement Control (74.04%), and Zhongke Fei Measurement (73.01%) [3] - Leading companies like Beifang Huachuang and Zhongwei Company reported net profit growth rates of 14.97% and 36.62%, respectively [3] - Huahai Qingke recorded a revenue of 1.95 billion yuan, a 30.28% increase, but its net profit growth was lower at 16.82%, indicating a decline in profitability [3] Product Development - Huahai Qingke's main product, CMP equipment, has seen continuous upgrades, with the Universal-H300 polishing system receiving bulk orders [4] - The company has achieved a high market share for its 12-inch and 8-inch CMP equipment among leading domestic clients [4] - The 12-inch ultra-precision wafer thinning machine, Versatile-GP300, has gained market recognition, leading to a significant increase in orders [4] - The company is expanding its wafer regeneration capacity with a project in Kunshan, aiming for a total capacity of 400,000 pieces per month [4]

Group 1 - The core point of the article highlights the performance of the Kexin 50 Enhanced ETF (588460), which opened down 0.81% at 1.718 yuan on September 26 [1] - The major holdings of the Kexin 50 Enhanced ETF include companies such as Haiguang Information, which fell by 1.83%, and SMIC, which decreased by 1.04% [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 73.07% since its inception on December 1, 2022, and a return of 15.47% over the past month [1] Group 2 - The article lists the performance of other key stocks within the ETF, including Cambrian, which dropped by 1.56%, and Kingsoft Office, which fell by 1.11% [1] - The ETF's performance reflects broader market trends, as indicated by the declines in several of its major holdings [1] - The article provides a snapshot of the current market conditions affecting the Kexin 50 Enhanced ETF and its constituents [1]

Core Viewpoint - The Sci-Tech Chip ETF (588200) opened with a decline of 1.00%, indicating a downward trend in the semiconductor sector [1] Group 1: ETF Performance - The Sci-Tech Chip ETF (588200) opened at 2.470 yuan, reflecting a decrease of 1.00% [1] - Since its establishment on September 30, 2022, the ETF has achieved a return of 150.11% [1] - The ETF's return over the past month is reported at 18.87% [1] Group 2: Major Holdings Performance - Key holdings in the ETF include: - SMIC (中芯国际) down 1.04% [1] - Haiguang Information (海光信息) down 1.83% [1] - Cambricon (寒武纪) down 1.56% [1] - Lattice Technology (澜起科技) down 0.73% [1] - Zhongwei Company (中微公司) down 1.04% [1] - Chipone (芯原股份) down 2.70% [1] - Hu Silicon Industry (沪硅产业) down 1.66% [1] - Hengxuan Technology (恒玄科技) down 0.35% [1] - Sitaiwei (思特威) down 0.86% [1] - Huahai Qingke (华海清科) down 0.10% [1] Group 3: Management Information - The ETF is managed by Harvest Fund Management Co., Ltd. [1] - The fund manager is Tian Guangyuan [1]

Group 1 - The core viewpoint of the news is that Huahai Qingke has experienced a significant stock price increase, rising 5.48% to 165.77 CNY per share, with a total market capitalization of 58.584 billion CNY and a cumulative increase of 33.19% over the past eight days [1] - Huahai Qingke specializes in the research, production, sales, and technical services of semiconductor equipment, with 87.70% of its main business revenue coming from CMP/thinning equipment sales [1] - The company was established on April 10, 2013, and went public on June 8, 2022 [1] Group 2 - According to data, Huahai Qingke is a top ten holding in the Huatai-PineBridge Science and Technology Innovation Board Chip ETF, which held 216,900 shares, accounting for 2.39% of the fund's net value [2] - The fund has generated a floating profit of approximately 1.8676 million CNY today and a total of 8.4942 million CNY during the eight-day price increase [2] - The Huatai-PineBridge Science and Technology Innovation Board Chip ETF has a total scale of 1.533 billion CNY and has achieved a return of 70.32% this year, ranking 137 out of 4220 in its category [2]