在AI算力（核心股）需求爆发、高带宽存储器（HBM）技术迭代加速的背景下，A股HBM（高带宽存 储器）产业链今日迎来集体爆发，从上游材料、设备到封装测试，各环节个股纷纷走强，资金关注度持 续提升。拓荆科技、宏昌电子、精智达、联瑞新材、芯碁微装领涨，板块产业链相关企业整理如下： 拓荆科技（688072.SH） 宏昌电子（603002.SZ） 最新股价：11.54元 日涨幅：+8.97% 核心看点：国内电子级环氧树脂龙头，电子级环氧树脂是HBM建设所需材料环氧塑封料的上游，为 HBM封装提供关键基材支撑。 精智达（688627.SH） 最新股价：313.00元 日涨幅：+7.28% 最新股价：360.00元 日涨幅：+9.98% 核心看点：拟减持；国内ALD设备主要供应商之一，ALD沉积在HBM工艺中不可或缺，设备广泛应用 于HBM制造的关键环节。 核心看点：根据新技术和新应用在半导体（核心股）存储器方面的新要求，配合客户业务稳步推进开发 针对如HBM等新一代半导体存储器测试需求的测试技术和设备，为客户提供可应用于HBM领域的完整 测试方案。 联瑞新材（688300.SH） 最新股价：68.50元 日涨幅：+6. ...

从基金十大重仓股角度 数据显示，国泰基金旗下1只基金重仓国芯科技。国泰中证1000增强策略ETF（159679）四季度持有股 数1.78万股，占基金净值比例为0.76%，位居第五大重仓股。根据测算，今日浮盈赚取约3.61万元。 国泰中证1000增强策略ETF（159679）成立日期2023年2月9日，最新规模7074.22万。今年以来收益 10.16%，同类排名1193/5570；近一年收益35.35%，同类排名1551/4305；成立以来收益40.95%。 国泰中证1000增强策略ETF（159679）基金经理为吴中昊。 截至发稿，吴中昊累计任职时间4年30天，现任基金资产总规模240.55亿元，任职期间最佳基金回报 110.52%， 任职期间最差基金回报-17.57%。 2月25日，国芯科技涨5.09%，截至发稿，报41.93元/股，成交5.68亿元，换手率4.17%，总市值140.88亿 元。 资料显示，苏州国芯科技股份有限公司位于江苏省苏州市高新区汾湖路99号狮山总部经济中心1号楼， 成立日期2001年6月25日，上市日期2022年1月6日，公司主营业务涉及致力于服务安全自主可控的国家 战略,为国家重 ...

Core Viewpoint - The company is recognized as one of the early adopters in China to launch quantum-resistant chips and has successfully commercialized its products [1] Group 1: Product Development - The company has collaborated with its affiliate, Xinda Yimi, to launch the quantum-resistant password chip AHC001, which has completed trial production based on domestic 28nm technology [1] - The company has successfully developed the quantum-resistant password card CCUPHPQ01 and introduced the quantum-resistant financial POS chip CUni360SQ-ZX, which has passed the PCI PTS 7.0 security assessment [1] - Related products have begun to be sampled to customers and are in the application development phase [1] Group 2: Market Position and Strategy - Quantum-resistant password technology is a global research hotspot, with multiple companies and research institutions both domestically and internationally investing in this field [1] - The company plans to increase its investment in quantum-resistant technology to consolidate and expand its first-mover advantage in industrialization [1]

Core Viewpoint - The company is one of the early adopters in China to launch quantum-resistant password chips and has successfully commercialized its products [1] Group 1: Product Development - The company has collaborated with its affiliate, Xinda Yimi, to launch the quantum-resistant password chip AHC001, which has completed tape-out based on domestic 28nm technology and has passed internal testing [1] - The company has successfully developed the quantum-resistant password card CCUPHPQ01 and launched the quantum-resistant financial POS chip CUni360SQ-ZX, which has passed PCI PTS 7.0 security assessment [1] - Related products have begun to be sampled to customers and are undergoing application development [1] Group 2: Market Position and Strategy - Quantum-resistant password technology is a global research hotspot, with multiple companies and research institutions both domestically and internationally engaged in this field [1] - The company plans to continue increasing its investment in this area to consolidate and expand its first-mover advantage in industrialization [1]

Core Viewpoint - The company is focusing on the research and industrial application of quantum-resistant cryptography to address potential threats posed by quantum computing to traditional cryptographic systems [1] Group 1: Quantum-Resistant Products - The company has launched a series of quantum-resistant products, including the AHC001 chip, which is based on a domestic 28nm process and features a reconfigurable low-power design with integrated quantum-resistant algorithm engines [1] - The CCUPHPQ01 quantum-resistant card supports both quantum-resistant and classical cryptographic algorithms, providing high-speed cryptographic services for various security platforms [1] - The CUni360SQ-ZX chip for financial POS machines has passed security assessments, indicating its readiness for the domestic and international market [1] Group 2: Collaborative Projects and Research - The company is collaborating with Xi'an Jiaotong-Liverpool University on a key project for 2025 focused on high-performance quantum-resistant chip technology based on RISC-V architecture [1] - The company is also participating in a national key research project aimed at validating and demonstrating key technologies for quantum migration in typical international financial banking transactions [1] Group 3: Revenue Generation - The company has achieved revenue from providing customized quantum-resistant chip services, indicating a successful monetization of its research and development efforts [1]

Core Viewpoint - The company is focused on integrating quantum technology with information security, launching a series of quantum security chips and modules to address potential threats from quantum computing [1] Product Offerings - The main products include terminal application quantum security chip A5Q, cloud and server application quantum security chip CCP907TQ, terminal application quantum security modules CCUMU2Q01 and CCUMU3Q02, and cloud and server application quantum MiniPCI-E cryptographic card CCUPM2Q04, as well as quantum PCI-E cryptographic cards CCUPH2Q03 and CCUPH3Q03 [1] - Several quantum security products have been adopted and sold by significant enterprises in the quantum field, such as China Telecom Quantum, Wentian Quantum, and Hefei Silicon Zhen, successfully applied in critical sectors like power and communication [1] Strategic Development - The company's development strategy employs a "Quantum+" approach, aiming to upgrade the "cloud-edge-end" self-controlled high-security cryptographic chip system using quantum security technology [1] - The goal is to provide cryptographic products and solutions that can withstand quantum computing threats for key industry clients in finance, communication, power, and the Internet of Things [1]

Core Viewpoint - The company is actively investing in quantum security technologies, particularly in quantum computing and anti-quantum cryptography, through strategic partnerships and equity stakes in advanced firms [1] Investment in Quantum Security - The company holds a 11.46% stake in Hefei Silizhen Chip Technology Co., making it the largest shareholder outside of the founding management team [1] - It provides customized design and mass production services for key optical processing chips for Hefei Silizhen's QRNG chips [1] - A joint laboratory for quantum chips has been established with Hefei Silizhen to collaborate on research and industrialization of quantum security chips in IoT and cloud computing sectors [1] Collaboration with Innovative Enterprises - The company has also invested in innovative firms such as Shanghai Hongge Post-Quantum and Xinda Yimi, which are recognized for their advanced technologies in anti-quantum cryptography [1] - It engages in comprehensive R&D and application cooperation with Shanghai Hongge Post-Quantum and has successfully developed the anti-quantum cryptography chip AHC001 in collaboration with Xinda Yimi [1] Comprehensive Industry Engagement - Through investments and collaborations covering key segments of the industry chain, the company is enhancing its connections at the capital level and fostering in-depth cooperation in technology R&D, product definition, and solution implementation [1] - The company is continuously advancing the iteration and industrialization process of quantum security and anti-quantum cryptography chips [1]

Summary of Key Points from the Conference Call Industry Focus - The discussion centers around the **quantum computing industry**, highlighting its potential for investment opportunities in the near future [1]. Core Insights and Arguments - The company emphasizes that **quantum technology** is a promising investment theme, suggesting a phased approach to investment in this sector [1]. - It is anticipated that by **2026**, multiple provinces will likely initiate tenders for **hyper-converged computing** systems, which is expected to benefit leading companies such as **Guodun Quantum** [1]. - In terms of applications, **Guoxin Technology** has recently developed quantum chips for **L4 safety in intelligent driving**, marking a significant step towards practical applications of quantum technology in this field [1]. Individual Stock Insights - The company highlights **Hexin** as a stock to watch, indicating that it is expected to see developments soon, and suggests that the negative impacts from ST (Special Treatment) have largely been absorbed [1]. Investment Recommendations - The company recommends investing in the following stocks: - **Guodun Quantum** - **Hexin Instruments** - **Guoxin Technology** [1].

Core Insights - The company is actively advancing the application of quantum-resistant technology in its automotive electronic chips to address security challenges posed by the rapid development of quantum technology [2] - The newly developed automotive-grade high-end AIMCU chip, CCFC3009PT, integrates quantum-resistant cryptographic algorithms compliant with international standards such as NIST FIPS 203 and FIPS 204, establishing a security protection system for the era of quantum computing [2] - The CCFC3009PT chip has completed tape-out and is currently undergoing internal testing, targeting high-end applications in automotive intelligent domain control, assisted driving, and cross-domain integration [2] Technical Specifications - The chip utilizes a multi-core RISC-V architecture combined with a dedicated NPU unit, achieving advanced levels of computing performance and energy efficiency [2] - It features a deeply optimized hardware security module (HSM) that significantly enhances encryption and decryption efficiency as well as real-time response capabilities [2] - This design strengthens the chip's capabilities in data encryption, identity authentication, and communication security within the Internet of Vehicles environment, further solidifying the company's technological barriers and core competitiveness in the automotive electronic chip sector [2] Market Strategy - The company is actively promoting the subsequent testing, validation, and customer onboarding processes for the CCFC3009PT chip, accelerating the industrial application of domestically produced high-end automotive chips [2]

Market Overview - The A-share market experienced an overall upward trend on February 9, with the ChiNext Index rising over 3% and more than 4,400 stocks gaining [1][2] - The Shanghai Composite Index closed at 4,113.28 points, up 1.17%, while the Shenzhen Component Index rose by 2.07% and the Sci-Tech Innovation Board Index increased by 2.22% [1][2] Sector Performance - The communication sector saw significant gains, with an increase of over 5% during the session, leading to a surge in individual stocks reaching their daily limit [2] - Notable stocks included Tianfu Communication and Guangku Technology, both hitting the daily limit and achieving historical highs [2][3] Individual Stock Highlights - Tianfu Communication (300394) and Guangku Technology (300620) both recorded a 20% increase, closing at 303.56 and 188.28 respectively [3][5] - Other notable performers in the communication sector included Taicheng Light (300570) with a 16.27% rise and Changru Technology (688143) with a 14% increase [3] Media and Electronics Sectors - The media sector also performed well, with an overall increase of over 3%, featuring multiple stocks like Zhongwen Online and Rongxin Culture hitting their daily limit [4][5] - The electronics sector saw a rise of over 2%, with stocks such as Juguang Technology and Tengjing Technology achieving significant gains of 19.45% and 14.47% respectively [6] Other Sector Performances - Other sectors such as comprehensive, machinery, power equipment, and computers also showed strong performance, while sectors like oil and food and beverage lagged behind [6]