Core Viewpoint - The company has strategically positioned itself in the SiC (Silicon Carbide) business, focusing on high-performance power applications and actively engaging in research and development [1] Group 1: SiC Business Development - The company has already laid out its SiC business and is conducting extensive R&D work [1] - The company's SiC MOSFET, Si2C MOSFET, and SiC SBD have achieved large-scale production, showing significant performance advantages over similar competitive products [1] - The fourth-generation SiC MOSFET product technology platform has completed its development [1] Group 2: Customer Engagement and Future Prospects - The company's SiC products have been sampled to multiple leading customers and have achieved design wins [1] - The ongoing development of the high-performance power business is expected to provide continuous momentum for the company's SiC business [1] - Relevant revenue scale data will be disclosed in the company's periodic reports [1]

Company Overview - Dongwei Semiconductor Co., Ltd. is located in Suzhou Industrial Park, Jiangsu Province, and was established on September 12, 2008. The company went public on February 10, 2022. It focuses on the research and sales of high-performance power devices, primarily serving the industrial and automotive sectors in medium to high power applications. The revenue composition is as follows: power semiconductor products account for 95.24%, wafers for 4.72%, and others for 0.04% [1]. Stock Performance - On September 9, Dongwei Semiconductor's stock fell by 5.9%, closing at 77.80 CNY per share, with a trading volume of 406 million CNY and a turnover rate of 3.96%. The total market capitalization is 9.533 billion CNY [1]. Fund Holdings - From the perspective of major fund holdings, HSBC Jintrust Fund has one fund heavily invested in Dongwei Semiconductor. The HSBC Jintrust Innovation Pioneer Fund (011077) held 86,000 shares in the second quarter, representing 4.92% of the fund's net value, making it the eighth largest holding. The estimated floating loss today is approximately 419,700 CNY [2]. Fund Manager Performance - The fund manager of HSBC Jintrust Innovation Pioneer Fund is Zhou Zongzhou, who has been in the position for 2 years and 121 days. The total asset size of the fund is 268 million CNY. During his tenure, the best fund return was 45.24%, while the worst was -0.52% [3].

Core Viewpoint - The company's Q2 2025 performance was below expectations, primarily due to ongoing price competition in the power semiconductor sector [1] Group 1: Q2 2025 Performance - The company reported revenue of 333 million yuan, with year-on-year and quarter-on-quarter growth of 35.1% and 17.7% respectively [1] - Gross margin was 18.0%, reflecting an increase of 3.2 and 4.4 percentage points year-on-year and quarter-on-quarter [1] - Net profit attributable to shareholders was 20 million yuan, with significant year-on-year and quarter-on-quarter growth [1] Group 2: Development Trends - The company is aligning with the growing demand for data center power and expanding its low-voltage small current product offerings [2] - Despite the power semiconductor industry's ongoing demand downturn, the company is leveraging its technical strengths to capture high-structural growth opportunities in data centers [2] - The company has optimized its 25V-150V low-voltage MOSFET product line, enhancing performance and supporting domestic replacement efforts for core clients [2] Group 3: R&D and External Growth - R&D investment increased by 9% year-on-year, with a 20% rise in R&D personnel [3] - The sixth-generation high-voltage super junction MOSFET is progressing well, with sales in AI power and new robotics [3] - The acquisition of electric chip technology is expected to accelerate the expansion of key product lines in servers and automotive applications [3] Group 4: Profit Forecast and Valuation - The company maintains its revenue forecast for 2025 but has reduced its net profit forecast by 50% to 100 million yuan due to ongoing industry price competition [4] - The company has introduced 2026 revenue and net profit forecasts of 1.63 billion yuan and 190 million yuan respectively [4] - The valuation has been switched to 2026, with a target price increase of 25% to 94.00 yuan, corresponding to a 60x P/E ratio for 2026 [4]

两融数据显示，该股最新融资余额为5.62亿元，近5日增加9098.44万元，增幅为19.31%。（数据宝） 9月3日东微半导大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | 3.00 | 235.05 | 78.35 | -15.00 | 中信证券股份有限公 | 中信证券股份有限公 | | | | | | 司上海分公司 | 司苏州分公司 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 东微半导9月3日大宗交易平台出现一笔成交，成交量3.00万股，成交金额235.05万元，大宗交易成交价 为78.35元，相对今日收盘价折价15.00%。该笔交易的买方营业部为中信证券股份有限公司上海分公 司，卖方营业部为中信证券股份有限公司苏州分公司。 进一步统计，近3个月内该股累计发生3笔大宗交易，合计成交金额为762.48万元。 证券时报·数据宝统计显示，东微半导今日收盘价为9 ...

Market Overview - The semiconductor sector experienced a decline of 1.67% on September 3, with Youyan New Materials leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Top Gainers in Semiconductor Sector - Chengdu Huami (688709) saw a significant increase of 14.97%, closing at 56.90 with a trading volume of 380,200 shares and a transaction value of 2.077 billion [1] - Yuanjie Technology (688498) rose by 13.01%, closing at 397.80 with a transaction value of 2.786 billion [1] - Dongwei Semiconductor (688261) increased by 12.28%, closing at 92.18 [1] Top Losers in Semiconductor Sector - Youyan New Materials (600206) fell by 7.82%, closing at 21.91 with a trading volume of 850,100 shares and a transaction value of 1.940 billion [2] - Hanwujing (688256) decreased by 5.07%, closing at 1405.00 with a transaction value of 19.901 billion [2] - Tai Lingwei (688591) dropped by 5.01%, closing at 54.00 [2] Capital Flow Analysis - The semiconductor sector experienced a net outflow of 6.014 billion from institutional investors, while retail investors saw a net inflow of 5.583 billion [2][3] - Major stocks like Tongfu Microelectronics (002156) had a net outflow of 4.02 billion from institutional investors, while retail investors had a net inflow of 2.61 billion [3] Summary of Capital Flows for Selected Stocks - Yuanjie Technology (688498) had a net inflow of 2.99 billion from retail investors, but a net outflow of 2.92 billion from institutional investors [3] - Zhi Chun Technology (603690) saw a net inflow of 2.65 billion from institutional investors, while retail investors had a net outflow of 1.82 billion [3] - Chengdu Huami (688709) had a net inflow of 95.296 million from institutional investors, with retail investors experiencing a net outflow of 15.9334 million [3]

Group 1 - The energy storage sector experienced a strong rebound on September 3, with several companies reaching their daily price limits [1] - Notable performers included Tongrun Equipment and Baoxin Technology, which both hit the upper limit, while Haibo Sichuang, Yiwei Lithium Energy, Sunshine Power, and Shangneng Electric all surged over 10% [1] - Other companies such as Chunxing Precision and Shijia Technology also saw significant gains, indicating a broader positive trend in the energy storage market [1] Group 2 - Specific stock performance data showed Haibo Sichuang rising by 16.69% to 144.00, while Sunshine Power increased by 12.90% to 112.50 [2] - Yiwei Lithium Energy and Shangneng Electric also reported increases of 12.83% and 12.08%, respectively, highlighting strong investor interest [2] - Additional companies like Chunxing Precision and Tongrun Equipment saw gains of 10.10% and 10.01%, respectively, further emphasizing the sector's upward momentum [2]

Summary of Key Points Core Viewpoint - Dongwei Semiconductor experienced significant trading activity on September 2, with a total of 73,000 shares traded at a total value of 5.2743 million yuan, reflecting a discount of 12% compared to the closing price of 82.10 yuan on the same day [2][3]. Trading Activity - The stock had a closing price of 82.10 yuan, down 1.56% for the day, with a turnover rate of 6.36% and a total trading volume of 636 million yuan [2]. - The net inflow of main funds for the day was 16.6668 million yuan, and the stock has seen a cumulative increase of 12.79% over the past five days, with a total net inflow of 147 million yuan during that period [2]. Margin Financing - The latest margin financing balance for Dongwei Semiconductor is 577 million yuan, which has increased by 119 million yuan over the past five days, representing a growth rate of 26.01% [3]. Block Trade Details - On September 2, two block trades were recorded, with the following details: - Trade 1: 43,000 shares at 3.1068 million yuan, priced at 72.25 yuan, with a discount of 12% [3]. - Trade 2: 30,000 shares at 2.1675 million yuan, also priced at 72.25 yuan, with a similar discount of 12% [3]. Buyer and Seller Information - Both trades were facilitated by CITIC Securities, with the buyer being the main CITIC Securities office and the seller being the Suzhou branch [3].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 9月2日，东微半导收跌1.56%，收盘价为82.10元，发生2笔大宗交易，合计成交量7.3万股，成交金额 527.43万元。 第1笔成交价格为72.25元，成交4.30万股，成交金额310.68万元，溢价率为-12.00%，买方营业部为中信 证券股份有限公司总部(非营业场所)，卖方营业部为中信证券股份有限公司苏州分公司。 第2笔成交价格为72.25元，成交3.00万股，成交金额216.75万元，溢价率为-12.00%，买方营业部为中信 证券股份有限公司上海分公司，卖方营业部为中信证券股份有限公司苏州分公司。 进一步统计，近3个月内该股累计发生2笔大宗交易，合计成交金额为527.43万元。该股近5个交易日累 计上涨12.79%，主力资金合计净流入1.18亿元。 责任编辑：小浪快报 ...

9月2日，东微半导大宗交易成交7.3万股，成交额527.43万元，占当日总成交额的0.82%，成交价72.25 元，较市场收盘价82.1元折价12%。 | 交易日期 | 还有简称 | 证券代码 | | | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | 美出精变部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-09-02 | 东徽学导 | 688261 | 72.25 | 310.68 | 4.3 | 中信证券股份有限 公司总部(非営业 场所) | 中信证券股份有限 公司苏州分公司 | 199 | | 2025-09-02 | 东微半导 | 688261 | 72.25 | 216.75 | | 中信证券股份有限 公司上海分公司 | 中信证券股份有限 公司苏州分公司 | 종 | ...

Group 1 - The core viewpoint of the article highlights significant stock price increases for several technology companies, indicating a positive market sentiment in the semiconductor sector [1] Group 2 - Yuanjie Technology and Liyang Chip both reached a 20% limit up in stock price [1] - Huahong Company saw an increase of over 16% in its stock price [1] - Other companies such as Guoxin Technology, Dongwei Semiconductor, Canxin Technology, and Zhaoyi Innovation also experienced notable stock price rises [1]