数据显示，二季度末有两家社保基金出现在八亿时空前十大流通股东名单中，合计持股423.10万股，占 流通股比例为3.15%。社保基金持股量较上季度减少2.31%。 八亿时空今日主力资金净流入1745.73万元，占流通市值比为0.3%。近五日主力资金净流出8773.33万 元，占流通市值比为1.51%。 风险提示：股市有风险，投资需谨慎。 八亿时空股价报43.15元，较前一交易日下跌0.43元，跌幅0.99%。盘中最高触及45.24元，最低下探 41.73元，成交金额达5.99亿元，换手率为10.20%。 八亿时空主营业务为液晶显示材料的研发、生产和销售，产品主要应用于智能手机、平板电脑等消费电 子产品。公司属于光学光电子行业，注册地位于北京。 ...

北京八亿时空液晶科技股份有限公司 2025 年第一次临时股东大会会议资料 证券代码：688181 证券简称：八亿时空 北京八亿时空液晶科技股份有限公司 2025 年第一次临时股东大会 会议资料 2025 年 9 月 1 四、会议按照会议通知上所列顺序审议、表决议案。 | 议案》 7 | | --- | 北京八亿时空液晶科技股份有限公司 2025 年第一次临时股东大会会议资料 北京八亿时空液晶科技股份有限公司 2025 年第一次临时股东大会会议须知 各位股东及股东代表： 为维护股东的合法权益，确保股东及股东代表在本公司 2025 年第一次临时 股东大会期间依法行使权利，保证股东大会的正常秩序和议事效率，依据《中华 人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以 下简称《证券法》）、《上市公司股东会规则》等法律法规以及《北京八亿时空 液晶科技股份有限公司章程》（以下简称《公司章程》）、《北京八亿时空液晶 科技股份有限公司股东大会议事规则》的规定，北京八亿时空液晶科技股份有限 公司（以下简称"公司"）特制定本次股东大会会议须知： 一、现场出席会议的股东（包括股东代理人，下同）须在会议召开前到 ...

Core Viewpoint - The company is convening its first extraordinary general meeting of shareholders in 2025 to discuss and approve a comprehensive credit limit application and guarantee provision for its subsidiaries, aiming to enhance operational funding capabilities and support business development [2][6]. Group 1: Meeting Procedures - Shareholders must sign in and present identification documents before attending the meeting [2][3]. - The meeting will follow a structured agenda, including the announcement of attendees, reading of meeting guidelines, and voting on proposed resolutions [6][9]. - Voting will be conducted through both on-site and online methods, with specific timeframes for participation [5][6]. Group 2: Credit Limit and Guarantee Proposal - The company plans to apply for a comprehensive credit limit not exceeding RMB 1.426 billion, which includes various financing options such as short-term loans and bank guarantees [6][8]. - The company’s actual controlling shareholders will provide guarantees for the credit limit, and the company will use its assets as collateral for loans [8][9]. - The total amount of guarantees provided by the company for its subsidiaries will not exceed RMB 370 million, with specific allocations for each subsidiary [8][10]. Group 3: Financial Impact - The proposed guarantees represent 34.92% of the company's most recent audited total assets and 48.81% of its net assets [10]. - The decision on the credit limit and guarantees will be valid for 12 months following the approval at the shareholders' meeting [9].

Group 1: Market Trends in AI and Computing Power - China's computing power platforms are accelerating construction, with 10 provinces officially connected, and a projected growth of over 40% in intelligent computing power by 2025 [8] - Deepseek has optimized data formats UE8M0 FP8 to address the computing power limitations of domestic AI chips, with Zhongke Shuguang completing a full industry chain layout in computing power [11] - The domestic supernode penetration rate is expected to accelerate, with significant performance elasticity anticipated for related companies like Shengke Communication and Feiling Kesi [16][18] Group 2: Company Performance and Developments - Cambridge Technology reported a 15.48% revenue increase and a 51.12% net profit increase in the first half of 2025, driven by high-end product breakthroughs and AI data center demand [20][21] - Shengyi Electronics achieved a revenue of 3.769 billion (up 91%) and a net profit of 531 million (up 452%) in the first half of 2025, with a focus on the 800G market [22] - Haiguang Information's DCU series products are among the few domestic GPGPU products capable of full precision floating-point and various integer data calculations, leading to a 36.74% increase in stock price [25][26] Group 3: Liquid Cooling Technology - AI model updates and application deployments are driving demand for liquid cooling solutions, with the global AI liquid cooling market expected to reach $8.6 billion by 2026 [35] - The main liquid cooling medium is expected to shift towards perfluorinated compounds, with companies like Xinzhou Bang and Bayi Shikong showing significant stock price increases [36][40] - The cessation of PFAS production by 3M by the end of 2025 presents an opportunity for Chinese fluorochemical companies to enter the high-end market, with Sanmei Co. experiencing a stock surge [38][39] Group 4: Investment Opportunities - The potential for investment in companies related to AI and computing power is highlighted, with significant stock price increases observed in companies like Zhongke Shuguang, Cambridge Technology, and Haiguang Information [11][20][25] - The liquid cooling market is also seen as a growth area, with companies like Xinzhou Bang and Sanmei Co. benefiting from the transition to liquid cooling technologies [36][38]

Group 1: Company Research - Yiyu Shikong has made significant progress in automotive and dye LCD materials, photoresist resin, PSPI business, and OLED materials, with automotive LCD materials entering mass production and expected to generate tens of millions in revenue by H2 2025 [1] - ST Chengchang has seen a recovery in downstream user demand, with a notable increase in orders and projects, particularly in satellite and low-orbit satellite fields, which are expected to become new growth points [1] - Jibite has focused on user-driven innovation in game development, with successful titles like "Zhang Jian Chuan Shuo" and "Dao You Lai Wa Bao," while also adjusting its business focus and optimizing personnel configuration [2] - Huadong Pharmaceutical has made significant advancements in innovative drug development across various fields, with multiple products entering clinical stages and a growing revenue share from innovative drugs [3] Group 2: Market Insights - The automotive LCD materials market is expected to grow significantly, with Yiyu Shikong's production capacity reaching 200 tons annually and a focus on new customer development [1] - The low-orbit satellite sector is projected to see substantial growth, with ST Chengchang leveraging its technological advantages to meet increasing demand [1] - The gaming industry is experiencing diverse demand and intense competition, prompting companies like Jibite to focus on user needs and innovative gameplay [2] - The innovative drug market is expanding, with Huadong Pharmaceutical's innovative drug business revenue approaching 15% of total revenue in H1 [3] Group 3: Financial Performance - Silver华基金 has an asset management scale of 576.925 billion, ranking 22nd among 210 firms, with a notable performance from its Hong Kong Stock Connect Innovation Drug ETF, which grew by 123.18% in the past year [4]

格隆汇8月21日丨八亿时空(688181.SH)在互动平台表示，南通詹鼎是八亿时空于2022年参股的企业，南 通詹鼎生产电子氟化液等产品，主要应用于半导体生产制造、超算服务器用浸没式冷却液等领域。据公 开信息，随着AI算力需求爆发，带来服务器功耗增长，行业需要应用新的技术来高效带走热量，液冷 技术将成为最佳解决办法。尤其是全氟胺电解法的材料，稀缺性很强，主要应用在半导体冷却液和AI 冷却液，南通詹鼎在此具有一定的技术积累与量产优势。基于相关需求的增长，南通詹鼎发展势头良 好。目前八亿时空对南通詹鼎的持股比例为11.5892%，是南通詹鼎的第二大股东。鉴于对氟化液行业 前景和南通詹鼎发展趋势的持续看好，公司后续会通过多种方式支持南通詹鼎的发展。 ...

Core Viewpoint - The company Ba Yi Shi Kong (八亿时空) expresses optimism about its investment in Nantong Zhan Ding, which specializes in electronic fluorinated liquids used in semiconductor manufacturing and immersion cooling for supercomputers, driven by the increasing demand for AI computing power [1] Company Summary - Ba Yi Shi Kong holds an 11.5892% stake in Nantong Zhan Ding, making it the second-largest shareholder [1] - The company plans to support Nantong Zhan Ding's development through various means, reflecting confidence in the fluorinated liquid industry and Nantong Zhan Ding's growth trajectory [1] Industry Summary - The demand for AI computing is leading to increased server power consumption, necessitating new technologies for efficient heat dissipation [1] - Liquid cooling technology is identified as the optimal solution, particularly the materials produced through the perfluoroalkyl electrolyte method, which are scarce and primarily used in semiconductor and AI cooling liquids [1] - Nantong Zhan Ding possesses significant technical expertise and production advantages in this area, positioning it well for future growth [1]

Core Viewpoint - The 2025 TrendBank Green Hydrogen Industry Conference will be held on August 27-28, 2025, in Wuxi, Jiangsu, focusing on the development and future outlook of the green hydrogen market [2][17]. Group 1: Conference Details - The conference will feature industry experts and companies discussing strategies for scaling green hydrogen production [2][4]. - The event is organized by TrendBank and will take place at the New Lake Pullman Hotel in Wuxi, with an expected attendance of over 300 participants [17][18]. - The conference theme is "Breaking Through the Bottlenecks of Green Hydrogen Development with High Reliability and High-Efficiency Hydrogen Production Products" [17]. Group 2: Agenda Highlights - The agenda includes opening speeches, expert presentations, and product launches, with a focus on the hydrogen technology development under the dual carbon strategy [11][12]. - Key sessions will cover topics such as renewable energy flexible hydrogen production, SOEC technology innovations, and safety practices in hydrogen products [13][14]. - The conference will also feature roundtable discussions on the innovation paths for the Wuxi hydrogen industry [12][18]. Group 3: Participating Companies and Experts - Notable participants include members from the Royal Society of Chemistry, Russian Academy of Engineering, and various leading hydrogen technology companies [4][5]. - The confirmed speakers include industry leaders and experts who will share insights on hydrogen technology advancements and market trends [4][11]. - A comprehensive list of attendees from various companies involved in the hydrogen sector is continuously updated [5][7].

Core Viewpoint - The recent financial reports from Hehui Optoelectronics and Bayi Shikong show a divergence in profitability despite revenue growth, highlighting different operational strategies and market conditions for both companies [1]. Hehui Optoelectronics - Hehui Optoelectronics achieved a revenue of 2.67 billion yuan in the first half of the year, representing a year-on-year growth of 11.51%, with a significant reduction in losses, improving by 439 million yuan [2]. - The company reported a non-GAAP net loss improvement, with EBITDA reaching 473 million yuan, marking a turnaround from losses [2]. - Operating cash flow saw a substantial increase of 856%, totaling 233 million yuan [2]. - The company focuses on high-resolution AMOLED semiconductor display panels, targeting consumer electronics and expanding into professional display fields [3]. - Hehui's strategy emphasizes a differentiated product approach, particularly in the rapidly growing medium and large-sized display markets, leading to an 83.18% revenue increase in the tablet and laptop segment [3]. - In the smartphone sector, Hehui adjusted its product mix to enhance profitability by increasing prices on high-demand display panels while reducing production of lower-margin products [3]. - The company also strengthened its market presence in the wearable technology sector, improving margins through high-value Hybrid products [4]. Bayi Shikong - Bayi Shikong reported a revenue of 415 million yuan in the first half of the year, a year-on-year increase of 10.63%, but saw a decline in total profit to 39.22 million yuan, down 32.12% [5][6]. - The net profit attributable to shareholders decreased by 37.90% to 30.87 million yuan, with R&D expenses rising to 12% of revenue [5][6]. - The decline in profitability is attributed to increased R&D investments, higher depreciation costs from new projects, and expenses related to an employee stock ownership plan [7]. - Despite the profit decline, the company made progress in several projects, including stable mass production of high-performance liquid crystal materials for TVs and successful client testing for various display materials [7][8].

Core Viewpoint - The company, as a leader in the domestic liquid crystal materials sector, has recently established a high-end semiconductor photoresist resin production line, showcasing its comprehensive strength and R&D capabilities [1][3]. Industry Demand - The decision to focus on photoresist resin stems from the urgent demand in the semiconductor materials field, driven by the rapid growth of emerging markets such as smart vehicles, industrial automation, and data centers [2]. - The semiconductor photoresist market is expanding quickly, but the industry faces challenges of "R&D material shortages and production capacity constraints" [2]. - Many manufacturers and research institutions struggle to find stable sources of small-batch resin materials, hindering technological iteration and production scale [2]. Production Capabilities - The company has developed a professional R&D team for photoresist resin, achieving significant results in anionic polymerization technology, with products having a molecular weight distribution of less than 1.2 [2]. - The newly built production line includes a high-flexibility R&D pilot line for small-batch, multi-variety production and a high-capacity mass production line for stable output of mature products [4][5]. - The high-flexibility pilot line can significantly shorten the time from laboratory to industrialization, allowing for rapid formulation iteration and process verification [4]. Revenue Projections - The company anticipates achieving revenue in the range of millions of yuan from the photoresist resin business in the second half of the year, with expectations of exceeding 100 million yuan once the project reaches full capacity [4]. Future Plans - The company aims to gradually expand production capacity over the next five years, targeting an annual output of 200-300 tons of photoresist resin [5][6]. - Continuous R&D investment will be maintained to ensure product performance meets international standards [5][6]. - Collaboration across the supply chain is deemed crucial, with a focus on enhancing overall competitiveness through technology sharing and joint R&D efforts [6].