中国国际金融股份有限公司 关于上海硅产业集团股份有限公司本次交易 相关人员买卖股票情况的自查报告 之核查意见 上海硅产业集团股份有限公司（以下简称"公司""上市公司""沪硅产业"） 拟以发行股份及支付现金方式购买上海新昇晶投半导体科技有限公司 46.7354% 股权、上海新昇晶科半导体科技有限公司 49.1228%股权及上海新昇晶睿半导体 科技有限公司 48.7805%股权，并向不超过 35 名特定投资者发行股份募集配套资 金（以下简称"本次交易""本次重组"）。 根据《上市公司重大资产重组管理办法》《上市公司监管指引第 7 号——上 市公司重大资产重组相关股票异常交易监管》《公开发行证券的公司信息披露内 容与格式准则第 26 号——上市公司重大资产重组》《监管规则适用指引——上市 类第 1 号》等法律、法规的要求，中国国际金融股份有限公司（以下简称"本独 立财务顾问"）作为上市公司本次交易的独立财务顾问，对上市公司本次交易相 关内幕信息知情人买卖上市公司股票的情况进行了核查，具体如下： 一、本次交易内幕信息知情人自查期间 本次自查期间为自上市公司就本次交易首次停牌前六个月至《上海硅产业集 团股份有限公司发行 ...

证券代码：688126 证券简称：沪硅产业 公告编号：2025-035 上海硅产业集团股份有限公司 关于本次交易相关人员买卖股票情况的自查报告的公告 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。 一、本次交易的基本情况 上海硅产业集团股份有限公司（以下简称"公司"）拟通过发行股份及支付 现金方式购买上海新昇晶投半导体科技有限公司、上海新昇晶科半导体科技有限 公司、上海新昇晶睿半导体科技有限公司的少数股权，并募集配套资金（以下简 称"本次交易"或"本次重组"）。 二、本次交易内幕信息知情人自查期间 本次自查期间为自公司就本次交易首次停牌前六个月至《上海硅产业集团股 份有限公司发行股份及支付现金购买资产并募集配套资金暨关联交易报告书（草 案）》披露前一日止，即 2024 年 8 月 24 日至 2025 年 5 月 20 日（以下简称"自 查期间"）。 三、本次交易的内幕信息知情人核查范围 本次交易内幕信息知情人核查范围包括： （一）公司及其董事、监事、高级管理人员及有关知情人员； （二）国家集成电路产业投资基金股份有限公司 ...

Core Viewpoint - The digital economy theme index has shown a decline, with notable fluctuations in constituent stocks, indicating mixed performance in the sector [1][2]. Market Performance - As of May 30, 2025, the CSI Digital Economy Theme Index (931582) decreased by 1.45%, with constituent stocks showing varied performance [1]. - The Digital Economy ETF (560800) also fell by 1.74%, with the latest price at 0.73 yuan [1]. - Over the past week, the Digital Economy ETF's scale increased by 14.19 million yuan, ranking it in the top half among comparable funds [1][2]. - The ETF experienced a significant increase in shares, growing by 12 million shares in the past week, also placing it in the top half of comparable funds [2]. Fund Flow and Investment Trends - In the last five trading days, the Digital Economy ETF saw net inflows on three occasions, totaling 10.27 million yuan, with an average daily net inflow of 2.05 million yuan [2]. - Recent reports from Zhongyin International highlight that the National Development and Reform Commission has included industrial software upgrades in the "two new" policy support scope, suggesting a potential growth opportunity for the industrial software sector [2]. Top Holdings - As of April 30, 2025, the top ten weighted stocks in the CSI Digital Economy Theme Index accounted for 51.5% of the index, with notable companies including Dongfang Wealth (300059) and SMIC (688981) [3][4].

Core Viewpoint - Shanghai Silicon Industry Group Co., Ltd. received an "AA+k" rating from China Chengxin International, highlighting its advantages in 300mm semiconductor wafer production and capital strength, while also noting concerns regarding profitability and operational efficiency [1][2]. Group 1: Company Overview - The company was established in 2015 as Shanghai Silicon Industry Investment Co., Ltd. with an initial registered capital of 2 billion [2]. - In March 2019, it was restructured into Shanghai Silicon Industry Group Co., Ltd. and completed its listing on the Sci-Tech Innovation Board in April 2020, raising a total of 2.412 billion [2]. - The company raised an additional 5 billion through a private placement in February 2022, increasing its total share capital to 2.72 billion [2]. - It is recognized as the largest semiconductor wafer manufacturer in mainland China and the first to achieve large-scale production of 300mm wafers [2]. Group 2: Financial Performance - The company achieved a revenue of 3.388 billion in 2024 [2]. - China Chengxin International expects the company's credit level to remain stable over the next 12 to 18 months [2]. Group 3: Rating Insights - The rating agency acknowledged the company's capacity scale, technological advantages, and strong customer quality and certification speed [1]. - Concerns were raised regarding the company's ability to negotiate prices for imported materials and equipment, as well as its declining profitability and operational cash flow since 2024 [1].

金融界5月28日消息，上证指数高开震荡，上证中小国企改革指数 (中小企改，950080)报2416.30点。 数据统计显示，上证中小国企改革指数近一个月上涨1.38%，近三个月下跌0.69%，年至今下跌3.49%。 据了解，上证中小国企改革指数优选已被中央和地方国资委列为国企改革试点、或已出台相关重大资产 重组方案、或已出台相关国企改革方案、或已完成国企改革的沪市国企上市公司证券作为指数样本，以 反映沪市中小国企改革主题上市公司证券的整体表现。该指数以2013年12月31日为基日，以1000.0点为 基点。 从指数持仓来看，上证中小国企改革指数十大权重分别为：申能股份（3.24%）、西部超导 （3.21%）、物产中大（3.21%）、华域汽车（3.18%）、扬农化工（3.06%）、天坛生物（3.01%）、沪 硅产业（3.01%）、国睿科技（2.98%）、老白干酒（2.91%）、中直股份（2.82%）。 资料显示，指数样本每季度调整一次，样本调整实施时间分别为每年3月、6月、9月和12月的第二个星 期五的下一交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在 下一个定期调整日前，权重 ...

Core Viewpoint - The global semiconductor industry is showing signs of recovery, but the recovery of semiconductor wafer production is lagging behind the overall market, with several A-share semiconductor wafer companies experiencing profit declines in Q1 2025 [1] Group 1: Market Trends - The semiconductor wafer industry entered a cyclical inventory adjustment phase since Q4 2022, with global wafer shipments expected to decline to 12.266 billion square inches in 2024, a year-on-year decrease of 2.67%, and sales expected to drop to $11.5 billion, a decline of 6.5% [2] - In Q1 2024, the semiconductor wafer market maintained a mild recovery, with global wafer shipment area increasing by 4.6% year-on-year, although there was a divergence in different sizes: 300mm wafer shipments grew by 5.7%, while 200mm shipments declined by 2.9% [2] Group 2: Company Performance - Shanghai Silicon Industry reported a revenue of approximately 3.388 billion yuan last year, with a net profit loss of about 971 million yuan, and a net profit loss of around 200 million yuan in Q1 this year [2] - Li Wei, the executive vice president of Shanghai Silicon Industry, indicated that sales and overall revenue are expected to rise in 2024 and Q1 2025, but price recovery depends on further market recovery [2] - Lian Microelectronics reported a revenue of 3.092 billion yuan last year, a year-on-year increase of nearly 15%, but a net profit loss of 266 million yuan due to cost pressures from capacity expansion and product price declines [3] Group 3: Capacity Expansion - The focus of capacity expansion is shifting towards 12-inch semiconductor wafers, with Lian Microelectronics' factories in Jiaxing and Quzhou currently in the ramp-up phase [4] - Lian Microelectronics plans to invest 1.23 billion yuan in a project to produce 960,000 pieces of 12-inch epitaxial wafers annually [4] - Shanghai Silicon Industry's 12-inch wafer capacity is expected to reach 600,000 pieces per month by the end of 2024, with ongoing capacity construction in Taiyuan [5] Group 4: Capital Operations - Semiconductor wafer companies are actively engaging in capital operations, with Shanghai Silicon Industry planning to acquire minority stakes in subsidiaries for 7.04 billion yuan to enhance its 300mm wafer business [6] - Yuyuan Silicon is expanding through acquisitions, including a plan to acquire 60% of High Frequency (Beijing) Technology Co., a supplier of ultra-pure water systems for chip manufacturing [7] - Yuyuan Silicon also plans to acquire 70% of DG Technologies for 11.91 billion yen, which will help enhance its manufacturing technology for etching equipment [7]

Core Insights - The article discusses significant developments in the semiconductor industry, highlighting government support for foreign investment in key sectors and the impact of tariff policies on major semiconductor companies [9][10][12]. Industry Trends - The Ministry of Commerce supports foreign investment projects in integrated circuits, biomedicine, and high-end equipment manufacturing, prioritizing them in major foreign investment project lists [9]. - Major U.S. semiconductor companies, including Intel and Qualcomm, are urging the Trump administration to exempt semiconductor tariffs, warning that such tariffs could harm the U.S. semiconductor industry [10][12]. - SEMI reports a 27% year-on-year increase in global semiconductor capital expenditure for Q1 2025, driven by investments in advanced logic and high-bandwidth memory technologies [11]. Company Developments - TSMC and Intel submitted letters opposing tariffs on semiconductor production equipment, citing potential cost increases and project delays [10]. - A strategic restructuring was announced between Zhongke Shuguang and Haiguang Information, aiming to enhance the information industry landscape [12]. - Weir Shares plans to issue H-shares and list on the Hong Kong Stock Exchange to accelerate internationalization and enhance competitiveness [12][14]. - Xiaomi unveiled its first self-developed flagship SoC, the Xuanjie O1, utilizing TSMC's 3nm process technology [13]. Market Dynamics - TrendForce indicates that DDR4 prices are rising faster than DDR5 prices due to anticipated supply tightening [20]. - The five major NAND Flash manufacturers are implementing a 10%-15% production cut to address oversupply, which is expected to support a rebound in storage prices [21]. - The demand for HBM4 products is expected to increase manufacturing costs significantly, with a projected premium exceeding 30% due to design complexities [20]. Strategic Moves - Foxconn is investing €250 million to establish Europe's first FOWLP factory, focusing on advanced semiconductor packaging and testing [18]. - Wolfspeed is preparing to file for bankruptcy due to unresolved debt issues, seeking Chapter 11 protection [16]. - Samsung Electronics plans to expand its 1c DRAM production capacity, with investments expected to be completed by the end of the year [17].

Core Viewpoint - The semiconductor market is showing signs of recovery, with expectations for increased shipment volumes and prices for silicon wafers, driven by normalizing inventory levels among downstream customers [2] Group 1: Company Performance - In 2024, the company reported a revenue of 3.388 billion yuan and a net loss attributable to shareholders of 971 million yuan; for Q1 2025, the revenue was 802 million yuan with a net loss of 209 million yuan [2] - The company has experienced rapid growth in domestic sales, with limited overseas revenue, resulting in minimal impact from tariff policies on overall sales [2] Group 2: Industry Outlook - The global semiconductor market is undergoing a recovery trend following industry adjustments, but the recovery of silicon wafers is lagging behind the overall market due to a longer transmission cycle from downstream to upstream [2] - The company anticipates an upward trend in sales volume and overall revenue for 2024 and Q1 2025, although price recovery is contingent on further market improvements [2] Group 3: Capacity Expansion and Capital Operations - By the end of 2024, the company's Shanghai plant is expected to achieve a capacity of 600,000 12-inch wafers per month, meeting its construction goals; the Taiyuan plant is also progressing with a capacity of 50,000 wafers per month [3] - The company is pursuing a capital operation plan to acquire minority stakes in several entities for a total of approximately 7.04 billion yuan, which will enhance management integration and resource optimization for its 300mm silicon wafer projects [3]

金融界5月23日消息，上证指数低开低走，中证万得重组主题指数 (CSWD重组，930640)下跌1.17%，报 1567.53点，成交额404.53亿元。 数据统计显示，中证万得重组主题指数近一个月上涨3.77%，近三个月下跌4.89%，年至今下跌5.54%。 从中证万得重组主题指数持仓的市场板块来看，深圳证券交易所占比57.05%、上海证券交易所占比 42.66%、北京证券交易所占比0.29%。 从中证万得重组主题指数持仓样本的行业来看，信息技术占比30.18%、工业占比28.50%、可选消费占 比9.86%、金融占比7.69%、原材料占比7.41%、通信服务占比6.02%、主要消费占比3.31%、房地产占比 2.36%、医药卫生占比2.18%、公用事业占比1.98%、能源占比0.50%。 资料显示，指数样本每月调整一次，样本调整实施时间为每月第一个交易日。权重因子随样本定期调整 而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期调整日前，权重因子一般固定不 变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样本中剔除。样本公司发生收购、 合并、分拆等情形的处理，参照计算与维护细则处理。 ...

| 府号 | 交易对方 | 交易标的名称 及权益比例 | 支付方式 现金对价 | 股份对价 | 可转债 | 其他 | 同该交易对方支 付总对价 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 对价 | | | | 1 | 避雷非受体 | 新昇晶投 | 174.265.107.35 | 1.568.385.966.19 | 元 | 元 | 1.742.651.073.54 | | | 基金 | 43.9863%股权 | | | | | | | 2 | 晶融投资 | 新昇晶投 | 108.915.692.10 | | 元 | 元 | 108.915.692.10 | | | | 2.7491%股权 | | | | | | | ਤੇ | 产业基金 | 新昇晶科 | | 3.407.017.543.86 | 元 | 元 | 3.407.017.543.86 | | | 二期 | 43.8596%股权 | | | | | | | র্ব | 上海闪芯 | 新异晶科 | 40,884,210.53 | 367.957.894.74 | 元 | ...