股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 華虹半導體有限公司（於香港註冊成立的有限公司） | | | 呈交日期: | 2025年9月4日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01347 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 1,321,725,522 | | 0 | | 1,321,725,52 ...

来源：滚动播报 香港恒生指数收跌1.12%，恒生科技指数跌1.85%。芯片股普跌，中芯国际、上海复旦跌超6%，华虹半 导体跌超5%；创新药概念股回调，歌礼制药跌超10%，恒瑞医药跌超6%；黄金板块下跌，灵宝黄金、 中国黄金国际跌超7%。 ...

Market Overview - The three major stock indices in A-shares collectively declined, with the Shanghai Composite Index closing at 3765.88 points, down 1.25% [1][2] - The Shenzhen Component Index closed at 12118.7 points, down 2.83%, and the ChiNext Index closed at 2776.25 points, down 4.25% [1][2] - The total trading volume in the Shanghai and Shenzhen markets reached 2.54 trillion yuan, with nearly 3000 stocks declining and over 2200 stocks rising [1] Sector Performance - Semiconductor, precious metals, CPO, and liquid-cooled server concepts experienced significant declines, while retail, banking, and tourism sectors were active [4] - The retail sector led the gains, with stocks like Huijia Times, Guofang Group, Baida Group, and Guoguang Chain hitting the daily limit [5] Banking Sector - The banking sector showed strong performance towards the end of the trading session, with Agricultural Bank of China rising over 5% to reach a new historical high, and Postal Savings Bank increasing nearly 3% [6] - Other major banks such as CITIC Bank, Industrial and Commercial Bank of China, and Bank of China also saw gains [6] Capital Flow - Main capital flows showed net inflows into power equipment, commercial retail, and light industry manufacturing sectors, while there were net outflows from electronics, communications, and computing sectors [7] - Specific stocks like Agricultural Bank of China, Pacific, and China Shipbuilding received net inflows of 1.47 billion yuan, 1.439 billion yuan, and 947 million yuan respectively [7] Institutional Insights - CITIC Securities noted that the significant decline in heavyweight stocks indicates a short-term market adjustment, with expectations for the index to fluctuate between 3600 and 3900 points [8] - China Galaxy Securities identified support for the Shanghai Index around 3731 points, with potential rebounds near 3674 points [8] - Guodu Securities observed a return to rationality in market sentiment, suggesting a slow bull market with opportunities for dynamic portfolio optimization [8]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 華虹半導體有限公司（於香港註冊成立的有限公司） | | | 呈交日期: | 2025年9月4日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01347 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 1,321,725,522 | | 0 | | 1,321,725,522 | | 增加 / 減少 (-) | | ...

Market Performance - The Hang Seng Index closed down 1.21% at midday on September 4 [1] - The Hang Seng Tech Index fell by 1.66% [1] Sector Performance - Semiconductor stocks experienced a broad decline, with major players like SMIC, Shanghai Fudan, and Huahong Semiconductor dropping over 6% [1] - Large technology stocks mostly declined, with Alibaba falling nearly 4% and Xiaomi and Kuaishou dropping over 2% [1]

Group 1: Industry Performance - The semiconductor industry demonstrated resilience in the first half of the year, driven by domestic substitution and market recovery, with leading wafer manufacturers like SMIC and Hua Hong maintaining full production [1] - The overall revenue of the semiconductor industry increased by 15.54% year-on-year, while net profit attributable to shareholders grew by 32.41% [2] - Among 165 listed semiconductor companies, 120 reported profits, and 100 companies saw year-on-year net profit growth [2] Group 2: Company Highlights - Cambrian achieved a revenue of 2.881 billion yuan, a staggering year-on-year growth of 4347.82%, and a net profit of 1.038 billion yuan, reversing a loss from the previous year [2] - Haiguang Information reported a revenue of 5.464 billion yuan, up 45.21% year-on-year, and a net profit of 1.201 billion yuan, marking its first half-year net profit exceeding 1 billion yuan [3] - Other companies like Longji Technology, Shengyi Electronics, and Yuntian Lifeng are seizing opportunities in advanced packaging, AI materials, and optical communication, contributing to a diversified growth landscape [3] Group 3: Equipment Sector Growth - Domestic semiconductor equipment companies are actively expanding production capacity in response to surging demand from generative AI [4] - Zhongwei's plasma etching equipment sales increased by approximately 40% year-on-year, accounting for over 75% of total revenue, with plans to cover 50%-60% of high-end equipment in the next 5 to 10 years [4] - Shengmei Shanghai reported nearly 40% quarter-on-quarter revenue growth, driven by strong demand in logic and storage chip sectors [5] Group 4: Mergers and Acquisitions - The semiconductor industry is experiencing a wave of mergers and acquisitions, supported by new policies that encourage cross-industry mergers [6] - In the first half of 2025, Northern Huachuang completed the acquisition of Xinyuan Micro, enhancing its product line in semiconductor equipment [6] - Companies like Guokewai and Xindao Technology are actively pursuing acquisitions to strengthen their market position and enhance competitiveness [7]

格隆汇9月4日｜恒生科技指数跌幅扩大至逾1%。芯片股震荡下挫，地平线机器人跌超6%，中芯国际、 晶门半导体、华虹半导体跌超5%，上海复旦跌超4%。 | 恒生指数 | 25140.70 | -202.73 | -0.80% | | --- | --- | --- | --- | | 800000 | | | | | 国企指数 | 8958.76 | -91.26 | -1.01% | | 800100 | | | | | 恒生科技指数 | 5616.71 | -67.03 | -1.18% | | 800700 | | | | (责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

Group 1 - The semiconductor stocks in the A-share market experienced a collective pullback, with significant declines observed in several companies [1] - Yuanjie Technology saw a drop of over 10%, while Cambricon and Tongfu Microelectronics fell by more than 7% [1] - Other companies such as Liyang Chip and Chengdu Huamei also reported declines exceeding 6% [1] Group 2 - Yuanjie Technology's market capitalization is 30.6 billion, with a year-to-date increase of 165.87% despite the recent decline of 10.42% [2] - Cambricon's market capitalization stands at 546.1 billion, with a year-to-date increase of 98.38%, experiencing a drop of 7.09% [2] - Tongfu Microelectronics has a market capitalization of 49.9 billion and a year-to-date increase of 11.39%, with a recent decline of 7.07% [2]

国信证券近日发布电子行业周报：过去一周上证上涨0.84%，电子上涨6.28%，子行业中 元件上涨14.15%，光学光电子上涨1.16%。同期恒生科技、台湾资讯科技上涨0.47%、 2.42%，费城半导体下跌1.49%。继北美算力产业链高速增长的业绩兑现催化主线行情之 后，半导体在台积电上修年度业绩指引、中芯国际和华虹半导体在法说会上对未来订单及景 气乐观展望的背景下，迎来板块性快速上涨行情。 以下为研究报告摘要： 核心观点 阿里高强度加码AI，重视国产算力+存力产业链机遇。过去一周上证上涨0.84%，电子上 涨6.28%，子行业中元件上涨14.15%，光学光电子上涨1.16%。同期恒生科技、台湾资讯科 技上涨0.47%、2.42%，费城半导体下跌1.49%。继北美算力产业链高速增长的业绩兑现催化 主线行情之后，半导体在台积电上修年度业绩指引、中芯国际和华虹半导体在法说会上对未 来订单及景气乐观展望的背景下，迎来板块性快速上涨行情。与此同时，Deepseek、阿里先 后表态对国产算力的适配力度和采购比重都有所加大，而国内先进制程的配套能力也在不断 提升，本土算力链正经历戴维斯双击。我们维持对于2025年电子板块 ...

2025 年 09 月 03 日 科创板高质量并购潮集中涌现 ——从微观案例看本轮并购趋势之三 研究支持 王雪蓉 A0230523070003 wangxr@swsresearch.com 联系人 王雪蓉 (8621)23297818× wangxr@swsresearch.com 相关研究 证券分析师 陆灏川 A0230520080001 luhc@swsresearch.com 王雪蓉 A0230523070003 wangxr@swsresearch.com 牟瑾瑾 A0230524100002 mujj@swsresearch.com 王胜 A0230511060001 wangsheng@swsresearch.com 本研究报告仅通过邮件提供给 中庚基金 使用。1 请务必仔细阅读正文之后的各项信息披露与声明 研 究 证 券 研 究 报 告 策 略 A 股 策 略 - ⚫ 近期科创板并购动作密集，停牌公告密集发布，引发市场高度关注。仅 2025 年 8 月单月，科创板 就已出现 7 起重大资产重组或定增收购案例，数量持平 25Q2 全季度。其中，半导体领域成为绝对 主力，在 7 起案例中占据 5 起 ...