值得一提的是，得益于"反内卷"政策持续推进，光伏领域17家相关企业净亏损幅度也显著收窄，今 年前三季度环比减亏28%。锂电行业需求回暖叠加价格筑底回升，19家相关企业营收同比增长7%，净 利润10.20亿元，实现扭亏为盈，其中，三季度营收同比增长17%，净利润额同比增加8亿元。 从业绩分布看，科创板呈现出"增长面广、结构优化"的鲜明特征。前三季度，超七成科创板公司实 现营收增长，近六成公司净利润增长；158家公司净利润增幅超过50%，46家公司扭亏为盈。 作为我国"硬科技"实力的集中体现，科创板已成为观测科技创新企业业绩与发展态势的最直接窗 口。 最新统计数据显示，截至11月13日晚间，592家科创板公司已悉数完成三季报业绩披露：板块前三 季度总研发投入近1200亿元、总营收超1.1万亿元，三季度净利润同比大幅增长75%。这组数据表明， 一方面"硬科技"企业在外部压力下保持成长韧性与发展质量，另一方面科创板公司始终将研发创新视为 生命线。 中信证券首席经济学家明明告诉《金融时报》记者，未来5年，我国发展的重心将全面转向科技驱 动和创新引领。我国"硬科技"企业研发投入将持续加码，集成电路、人工智能、生物医药等重 ...

"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 重要会议： 11 月 17-19 日，2025势银异质异构集成前沿论坛（浙江·宁波） 点此报名 添加文末微信，加 异质异构集成产业 群 随着AI算力需求发展，光通信网络持续迭代升级。而硅光技术加速落地，也逐渐成为1.6T高速光模块主流方案。据国际半导体产业协会 (SEMI)预测数据显示，2030年全球硅光子学半导体市场规模预计将达到78.6亿美元，预计复合年增长率将达到25.7%。 其中，硅光芯片作为光模块的 "心脏"， 主要由光源、光波导、调制器、探测器四个关键元器件组成。 因其具有集成度高、成本低、传输 带宽高等特点，在 5G 通信、AI 数据中心、自动驾驶等核心场景中的应用中倍受青睐。国际芯片巨头英特尔、英伟达等也纷纷布局硅光 芯片技术，正向推动技术突破与实际应用落地。 但实际上，硅光芯片并不是新兴产物，早在上世纪60年代就已开始相关研发，但因工艺技术限制和市场需求不足，长期停留在实验室阶 段。只是近年来随着CMOS工艺的成熟和数据中心需求的爆发，硅光芯片逐渐从理论研究转向产业化探索。 不过，由于光子具有波动性，易受到电 ...

Core Insights - The article discusses the growing demand for "big computing power" driven by advancements in AI and high-performance computing, highlighting the need for a transformation in chip manufacturing due to challenges like the "von Neumann bottleneck" and the slowdown of Moore's Law [2][3] - Heterogeneous integration and heterogeneous-hybrid integration technologies are becoming crucial for achieving high-performance, multifunctional electronic systems, supported by national policies promoting foundational research in advanced technologies [2][3] Group 1: Heterogeneous Integration - Heterogeneous integration focuses on integrating different semiconductor materials (e.g., silicon-based chips with gallium nitride and silicon carbide) into a single package to overcome physical limitations of single materials [3] - The main challenges include managing thermal expansion coefficient mismatches, material interface defects, and thermal management [3] Group 2: Heterogeneous-Hybrid Integration - Heterogeneous-hybrid integration combines different process nodes (e.g., 7nm logic chips with 28nm I/O chips) and functional modules (e.g., CPU, GPU, memory) using advanced packaging technologies to create system-in-package (SIP) solutions [3] - This approach aims to optimize cost and performance while addressing challenges such as interconnect standardization, yield control, and signal integrity [3] Group 3: Upcoming Forum - TrendBank plans to host the "2025 Heterogeneous-Hybrid Integration Frontier Forum" in Ningbo on November 18-19, 2025, focusing on cutting-edge heterogeneous-hybrid integration technologies [4] - The forum will feature discussions on various topics related to heterogeneous-hybrid integration, with confirmed participation from several key industry players and research institutions [4][6] Group 4: Conference Details - The conference is expected to attract 300-500 participants and will include a range of presentations from experts in the field, covering advancements in semiconductor technologies and integration methods [36][37] - Registration details indicate different ticket pricing options, including early bird discounts and student rates [37]

Core Viewpoint - The optical module (CPO) index experienced a decline of 2.25% at the beginning of trading on November 14, indicating a bearish trend in the sector [1] Group 1: Market Performance - The leading stock, Yuanjie Technology, saw a significant drop of 5.00% [1] - Other notable declines included Shijia Photon at 4.24%, Zhongji Xuchuang at 3.29%, Dongshan Precision at 3.01%, and Cambridge Technology at 2.80% [1]

格隆汇11月14日｜A股市场CPO概念股全线下挫，其中，华懋科技跌超6%，德科立、仕佳光子跌超 5%，剑桥科技、中际旭创、中富电路、可川科技、汇绿生态跌超4%，长芯博创、光库科技、天孚通 信、景旺电子、罗博特科、新易盛、炬光科技跌超3%。 ...

Core Insights - The overall performance of companies listed on the Sci-Tech Innovation Board (STAR Market) has shown a strong rebound in the first three quarters, with a significant year-on-year net profit growth of 75% in Q3 [2] - The focus on "hard technology" has led to increased R&D investments, particularly in key industries such as integrated circuits, artificial intelligence, and biomedicine, contributing to the foundation for high-level technological self-reliance [2] Performance Overview - In the first three quarters, STAR Market companies achieved a total revenue of 1.11 trillion yuan, a year-on-year increase of 7.9%, and a net profit of 49.268 billion yuan, up 8.9% [2] - Excluding four leading photovoltaic companies, overall revenue and net profit growth rates were 14.6% and 30.6%, respectively, indicating an amplified growth momentum [2] - Over 70% of companies reported revenue growth, and nearly 60% saw net profit increases, with 158 companies experiencing net profit growth exceeding 50% [2] Industry Highlights - The STAR Market's top enterprises and growth-oriented companies complement each other well, with the Sci-Tech 50 Index companies accounting for 46% of revenue and 50% of net profit [3] - The Sci-Tech 100 Index companies demonstrated high growth elasticity, with revenue and net profit increasing by 12% and 134%, respectively, becoming the "vanguard" of performance growth [3] R&D Investment - Total R&D investment by STAR Market companies reached 119.745 billion yuan, 2.4 times the net profit, with a median R&D intensity of 12.4%, leading A-share sectors [4] - The biomedicine sector saw revenue growth of 11% and net profit growth of 48%, driven by the rapid commercialization of innovative drugs [4] - Nine first-class new drugs were approved for market entry during the reporting period, with significant international business development transactions totaling over 13 billion USD [4] Growth of Emerging Companies - 35 unprofitable companies in the Sci-Tech Growth Layer reported a revenue increase of 39% and a significant reduction in net losses by 65% [5] - These companies are focusing on R&D with a median R&D intensity of 44.3%, indicating a promising development trend [5] Competitive Advantages in Key Industries - The integrated circuit industry, crucial for technological self-reliance, saw 121 related companies achieve a revenue growth of 25% and a net profit growth of 67% [6] - Major players like SMIC and Huahong Semiconductor maintained high capacity utilization rates, with record sales revenue [6] - The AI industry has emerged as a new growth pillar, with significant revenue increases across the supply chain, particularly in computing and data transmission sectors [7] Renewable Energy Sector - In the photovoltaic sector, 17 related companies significantly reduced their net losses by 28% [7] - The lithium battery industry experienced a revenue growth of 7% and a net profit of 1.02 billion yuan, marking a return to profitability [7]

Group 1 - The core point of the news is that Shijia Photon experienced a decline of 5.64% in its stock price, reaching 79.84 CNY per share, with a trading volume of 1.371 billion CNY and a turnover rate of 3.59%, resulting in a total market capitalization of 36.631 billion CNY [1] - Shijia Photon, established on October 26, 2010, and listed on August 12, 2020, is located in Hebi City, Henan Province. The company specializes in optical chips and devices, indoor optical cables, and cable materials, with its main products including PLC splitter chips, AWG chips, DFB laser chips, optical fiber connectors, indoor optical cables, and cable materials [1] - The revenue composition of Shijia Photon is as follows: optical chips and devices account for 70.52%, indoor optical cables for 15.11%, cable polymer materials for 12.66%, and other supplementary products for 1.72% [1] Group 2 - From the perspective of major fund holdings, data shows that one fund under Wanjia Fund has a significant position in Shijia Photon. The Wanjia Shanghai Stock Exchange Sci-Tech Innovation Board Growth ETF (588070) held 36,700 shares in the third quarter, representing 3.56% of the fund's net value, making it the eighth largest holding [2] - The Wanjia Shanghai Stock Exchange Sci-Tech Innovation Board Growth ETF (588070) was established on November 6, 2024, with a latest scale of 735.416 million CNY. Year-to-date, it has achieved a return of 70.22%, ranking 144 out of 4,216 in its category; over the past year, it has returned 61.76%, ranking 83 out of 3,951; and since inception, it has returned 61.13% [2]

证券代码：688313 证券简称：仕佳光子 公告编号：2025-052 河南仕佳光子科技股份有限公司 关于变更签字注册会计师的公告 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。 河南仕佳光子科技股份有限公司（以下简称"公司"）分别于2025年4月18日、 2025年5月12日召开第四 届董事会第五次会议、2024年年度股东大会，审议通过了《关于续聘会计师事务所的议案》，同意续聘 致同会计师事务所（特殊普通合伙）（以下简称"致同所"）作为公司2025年度财务报告及内部控制审计 机构。具体内容详见公司于2025年4月19日在上海证券交易所（www.sse.com.cn）披露的《关于续聘会 计师事务所的公告》（公告编号2025-015）。 近日，公司收到致同所出具的《关于变更2025年度审计签字注册会计师的告知函》，现将具体情况公告 如下： 一、本次签字会计师变更的基本情况 致同所作为公司2025年度财务报告及内部控制的审计机构，原委派黄志斌和党小民作为签字注册会计 师。鉴于原签字注册会计师黄志斌先生工作调整，为更好的完成公司 ...

Market Overview - The main funds in the Shanghai and Shenzhen markets experienced a net outflow of 58.897 billion yuan, with the Sci-Tech Innovation Board seeing a net outflow of 3.887 billion yuan [1] - A total of 232 stocks saw net inflows, while 360 stocks experienced net outflows [1] Sci-Tech Innovation Board Performance - On the Sci-Tech Innovation Board, 188 stocks rose while 396 stocks fell [1] - The stocks with the highest net inflows included Shengyi Electronics with 237 million yuan, followed by Shijia Photon and BeiGene-U with 188 million yuan and 178 million yuan respectively [1] Continuous Fund Flow Analysis - There are 49 stocks with continuous net inflows for more than three trading days, with Hangzhou Kelin leading at 11 consecutive days [2] - 137 stocks have seen continuous net outflows, with Aerospace Hongtu experiencing the longest streak at 13 days [2] Top Net Inflow Stocks - The top stocks by net inflow include: - Shengyi Electronics: 236.96 million yuan, 13.68% inflow rate, 2.06% increase [2] - Shijia Photon: 187.59 million yuan, 5.69% inflow rate, 2.19% increase [2] - BeiGene-U: 177.93 million yuan, 9.92% inflow rate, 5.62% increase [2] Notable Outflow Stocks - The stocks with the highest net outflows include: - Trina Solar: 444.5 million yuan, 6.43% decrease [1] - Western Superconducting: 333 million yuan [1] - Lanke Technology: 291 million yuan [1]

证券代码：688313 证券简称：仕佳光子 公告编号：2025-052 河南仕佳光子科技股份有限公司 关于变更签字注册会计师的公告 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。 河南仕佳光子科技股份有限公司（以下简称"公司"）分别于 2025 年 4 月 18 日、 2025 年 5 月 12 日召开第四届董事会第五次会议、2024 年年度股东大会， 审议通过了《关于续聘会计师事务所的议案》，同意续聘致同会计师事务所（特 殊普通合伙）（以下简称"致同所"）作为公司 2025 年度财务报告及内部控制审 计 机 构 。 具 体 内 容 详 见 公 司 于 2025 年 4 月 19 日 在 上 海 证 券 交 易 所 （www.sse.com.cn）披露的《关于续聘会计师事务所的公告》（公告编号 2025- 015）。 特此公告。 河南仕佳光子科技股份有限公司董事会 2025 年 11 月 13 日 致同所作为公司 2025 年度财务报告及内部控制的审计机构，原委派黄志斌 和党小民作为签字注册会计师。鉴于原签字注册会计师黄志 ...