9月5日，伟测科技涨1.95%，成交额5.39亿元。两融数据显示，当日伟测科技获融资买入额4571.72万 元，融资偿还4729.02万元，融资净买入-157.29万元。截至9月5日，伟测科技融资融券余额合计3.94亿 元。 截至6月30日，伟测科技股东户数1.25万，较上期增加18.36%；人均流通股8217股，较上期增加 10.29%。2025年1月-6月，伟测科技实现营业收入6.34亿元，同比增长47.53%；归母净利润1.01亿元，同 比增长831.03%。 分红方面，伟测科技A股上市后累计派现1.49亿元。 机构持仓方面，截止2025年6月30日，伟测科技十大流通股东中，南方科创板3年定开混合（506000）位 居第四大流通股东，持股160.14万股，相比上期增加65.38万股。德邦半导体产业混合发起式A （014319）位居第五大流通股东，持股143.23万股，为新进股东。香港中央结算有限公司位居第六大流 通股东，持股122.33万股，相比上期增加53.89万股。南方中证1000ETF（512100）位居第八大流通股 东，持股97.74万股，为新进股东。信澳新能源产业股票A（001410）位居第九 ...

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]

证券代码：688372 证券简称：伟测科技 转债代码：118055 转债简称：伟测转债 上海伟测半导体科技股份有限公司 会议资料 上海伟测半导体科技股份有限公司 2025 年第三次临时股东大会会议资料 会议规则 为维护投资者的合法权益，确保股东依法行使权力，保证股东大会的正常秩 序和议事效率，根据《中华人民共和国公司法》等有关规定及《上海伟测半导体 科技股份有限公司章程》，制定如下规则： 一、股东大会期间，全体出席人员应以维护股东的合法权益、确保股东大会 的正常秩序和议事效率为原则，自觉履行法定义务。 二、股东大会设秘书处，负责大会的程序安排和会务工作。 三、出席现场会议的股东及代理人，依法享有发言权、表决权等权利。 四、股东应当持股票账户卡、身份证或其他能够表明其身份的有效证件或证 明出席股东大会。代理人还应当提交股东授权委托书和个人有效身份证件。 五、股东大会召开期间，参加本次现场会议的股东事先准备发言的，应当先 向大会会务组登记。股东不得无故中断大会议程要求发言。在议案审议过程中， 股东及代理人临时要求发言或就有关问题提出质询的，须举手向大会申请，并经 大会主持人许可后方可发言或提出问题。股东及代理人发 ...

证券代码：688372 证券简称：伟测科技 转债代码：118055 转债简称：伟测转债 2025 年 9 月 上海伟测半导体科技股份有限公司 2025年第三次临时股东大会会议资料 会议规则 上海伟测半导体科技股份有限公司 2025 年第三次临时股东大会 会议资料 一、股东大会期间，全体出席人员应以维护股东的合法权益、确保股东大会 的正常秩序和议事效率为原则，自觉履行法定义务。 二、股东大会设秘书处，负责大会的程序安排和会务工作。 为维护投资者的合法权益，确保股东依法行使权力，保证股东大会的正常秩 序和议事效率，根据《中华人民共和国公司法》等有关规定及《上海伟测半导体 科技股份有限公司章程》，制定如下规则： 七、出席会议者的交通及食宿费用自理。 上海伟测半导体科技股份有限公司 2025年第三次临时股东大会会议资料 表决办法 三、出席现场会议的股东及代理人，依法享有发言权、表决权等权利。 四、股东应当持股票账户卡、身份证或其他能够表明其身份的有效证件或证 明出席股东大会。代理人还应当提交股东授权委托书和个人有效身份证件。 五、股东大会召开期间，参加本次现场会议的股东事先准备发言的，应当先 向大会会务组登记。股东不 ...

Investment Rating - The industry investment rating is "Increase" [6] Core Viewpoints - The report highlights the release of DeepSeek-V3.1, which significantly upgrades its technical architecture and optimizes parameter precision to adapt to domestic chips, promoting the development of domestic computing power chips and the AI industry [16][33] - KTC's launch of the new KTC AI interactive glasses is seen as a positive development for edge-side investment opportunities, with the product gaining consumer recognition [17][33] - Google's Pixel 10 series emphasizes AI integration, indicating a recovery in the consumer electronics industry and presenting investment opportunities within the related supply chain [18][33] - The introduction of direct-write lithography equipment by Hefei Chip Microelectronics Equipment Co., Ltd. marks a significant breakthrough in the domestic supply chain, reinforcing confidence in domestic alternatives [19][33] Summary by Sections 1. Core Viewpoints and Investment Recommendations - The report recommends focusing on domestic computing power opportunities following the release of DeepSeek's new version [20] - It suggests investing in edge-side technologies due to the launch of KTC's AI glasses [20] - The consumer electronics sector is highlighted for its recovery potential, particularly with Google's new AI-integrated products [20] - The report emphasizes the importance of domestic supply chains, particularly with the introduction of new lithography equipment [20] 2. Market Review - The A-share Shenwan Electronics Index rose by 8.95%, outperforming the CSI 300 Index by 4.77 percentage points [21][24] - The semiconductor sector led the gains with a 12.26% increase, while the components sector lagged with a 1.68% increase [24][26] 3. Industry News - DeepSeek's V3.1 release marks a new phase in China's AI industry, focusing on domestic chip compatibility [33] - KTC's AI glasses are designed for comfort and functionality, supporting various AI features [33] - Google's Pixel 10 series showcases enhanced AI capabilities, reinforcing its commitment to integrating AI into consumer products [34] - The successful introduction of direct-write lithography equipment supports the domestic semiconductor packaging industry [34]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expectation of stock price appreciation exceeding 15% over the next six months [5]. Core Insights - The company achieved record-high revenue in Q2 2025, driven by strong downstream demand from the smart driving and AI sectors, alongside proactive capacity expansion [2][3]. - The significant increase in net profit growth (831.03% YoY) outpaced revenue growth (47.53% YoY), showcasing operational leverage [2]. - The gross margin improved to 34.50%, up 5.94 percentage points YoY, primarily due to enhanced capacity utilization, which currently stands at 90% [2]. - The company is strategically investing in advanced packaging and testing capabilities to meet the rising demand for chip testing, particularly in 2.5D/3D and Chiplet technologies [3]. Financial Summary - For H1 2025, the company reported revenue of 634 million yuan and a net profit of 101 million yuan, with Q2 revenue reaching 349 million yuan [1]. - The revenue breakdown for different business segments includes wafer testing (355 million yuan), chip product testing (254 million yuan), and other businesses (29 million yuan), with respective YoY growth rates of 49.32%, 71.57%, and -38.36% [2]. - The company forecasts net profits of 274 million yuan, 373 million yuan, and 506 million yuan for 2025, 2026, and 2027, respectively, with corresponding P/E ratios of 44, 32, and 24 [3].

Core Viewpoint - The report outlines the continuous supervision work conducted by Ping An Securities for Shanghai Weicai Semiconductor Technology Co., Ltd. during its initial public offering and ongoing operations, emphasizing compliance with relevant regulations and the company's financial performance in the first half of 2025 [1]. Continuous Supervision Work - Ping An Securities has established a robust supervision system and formulated specific work plans for continuous supervision [2]. - A continuous supervision agreement was signed between Weicai Technology and Ping An Securities, clarifying the rights and obligations of both parties during the supervision period [2]. - The company has maintained close daily communication with Ping An Securities through regular visits and on-site inspections to monitor operational and disclosure practices [2][5]. Financial Performance - In the first half of 2025, the company achieved operating revenue of CNY 634.25 million, a year-on-year increase of 47.53% [11]. - The total profit reached CNY 102.67 million, reflecting a significant increase of 4,465.04% compared to the previous year [11]. - The net profit attributable to shareholders was CNY 101.08 million, up 831.03% year-on-year [11]. Investment and Expansion - The company has been expanding its production capacity, particularly in high-end chip testing, with projects in Wuxi and Nanjing already operational [7]. - Future plans include investments in a second phase in Nanjing and a new project in Chengdu to enhance production capacity further [7]. Core Competitiveness - The company has a strong core team with over 20 years of experience in the integrated circuit testing industry, contributing to its competitive edge [13]. - The focus on research and development has led to advancements in testing solutions for high-end chips, positioning the company as a key player in the domestic market [14][15]. Risks and Challenges - The company faces risks related to talent retention in a competitive market, which could impact its testing capabilities and profitability [7]. - Potential operational risks include the inability to absorb new production capacity if market conditions deteriorate or competition intensifies [7]. Research and Development - The company invested CNY 82.13 million in R&D in the first half of 2025, a 27.34% increase from the previous year [19]. - R&D efforts focus on developing testing solutions for emerging technologies, including automotive electronics and advanced chip architectures [19][20]. Market Position - The company operates four testing bases in Shanghai, Nanjing, Wuxi, and Shenzhen, strategically positioned to serve key markets in China [18]. - The company aims to expand its market share by establishing a nationwide service network, including a new project in Chengdu [18].

平安证券股份有限公司 关于上海伟测半导体科技股份有限公司 2025 年半年度持续督导跟踪报告 平安证券股份有限公司（以下简称"平安证券"或"保荐机构"）作为承接 上海伟测半导体科技股份有限公司（以下简称"伟测科技"、"公司"）首次公开 发行股票并在科创板上市及公开发行可转换公司债券持续督导工作的保荐机构， 根据《证券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市规则》 《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等相关规定， 负责伟测科技的持续督导工作，并出具 2025 年半年度持续督导跟踪报告。 | 序号 | 工作内容 | 实施情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度，并针对 | 保荐机构已建立健全并有效执 | | | | 行了持续督导制度，并制定了 | | | 具体的持续督导工作制定相应的工作计划。 | 相应的工作计划。 | | 2 | 根据中国证监会相关规定，在持续督导工作开始 | 伟测科技已与平安证券签订保 荐协议，该协议明确了双方在 | | | 前，与上市公司签署持续督导协议，明确双方在 | | | | 持续督导期间 ...

Summary of Key Points Core Viewpoint - As of August 25, 1687 companies have released their semi-annual reports for 2025, with 977 reporting a year-on-year increase in net profit, while 710 reported a decline. Additionally, 1039 companies saw an increase in operating revenue, while 648 experienced a decrease. A total of 771 companies reported simultaneous growth in both net profit and operating revenue, while 442 companies saw declines in both metrics. Notably, 228 companies achieved a doubling of their performance, with Xinte Electric showing the highest increase at 49775.01% [1]. Company Performance - Xinte Electric (301120) reported earnings per share of 0.0100, with a net profit of 532.87 million and a year-on-year increase of 49775.01%. Its operating revenue reached 19265.03 million, reflecting a 16.10% increase [1]. - Fujilay (301258) achieved a net profit of 4307.66 million, with a year-on-year increase of 12430.96% and operating revenue of 22390.97 million, up by 3.36% [1]. - Taiji Holdings (300046) reported a net profit of 3972.84 million, with a year-on-year increase of 3789.41% and operating revenue of 17878.78 million, up by 4.18% [1]. - Other notable companies include: - Lian Di Xin (839790) with a net profit of 1012.23 million, a year-on-year increase of 3149.79%, but a decline in operating revenue by 8.10% [1]. - Shanda Holdings (603086) reported a net profit of 13603.97 million, with a year-on-year increase of 2561.58% and operating revenue of 142261.73 million, up by 11.82% [1]. Revenue and Profit Trends - A total of 771 companies reported simultaneous growth in both net profit and operating revenue, indicating a positive trend in the market [1]. - Conversely, 442 companies experienced declines in both metrics, highlighting potential challenges within certain sectors [1]. - The overall performance of companies shows a mixed landscape, with significant outliers achieving extraordinary growth while others face difficulties [1].

Group 1: Weicai Technology - The overall capacity utilization rate of Weicai Technology reached 90% in the first half of 2025, expected to approach full production by September [1] - The company anticipates a doubling of revenue from computing power business for the entire year, with gross margin expected to rise in the second half due to price, capacity utilization, and business structure [1] - The company plans to invest 1.3 to 1.4 billion yuan in capital expenditures for equipment this year, with stable pricing [1] Group 2: Beixin Building Materials - The domestic gypsum board industry is facing a decline in demand and increased competition in the first half of 2025 [2] - Beixin Building Materials aims to enhance product competitiveness and focus on niche markets while expanding its international presence in regions such as Southeast Asia and Central Asia [2] - The company is pursuing mergers and acquisitions to achieve value integration and has successfully restructured partnerships with Jia Baoli Paint and Zhejiang Daqiao [2] Group 3: Huayang Group - Huayang Group is intensifying efforts to expand its international brand client base in the automotive electronics sector, securing multiple projects with international car manufacturers [3] - The company has achieved mass production of advanced HUD products and expects continued high growth in this segment [3] - There is significant growth in orders for magnesium alloy die-casting products and rapid revenue growth in optical communication module components [3]