3、美埃(中国)环境科技股份有限公司主营业务系空气净化产品、大气环境治理产品的研发、生产及销 售。公司主要产品是风机过滤单元、过滤器产品、空气净化设备。2021年底，公司获国家级专精特 新"小巨人"称号，成为国内电子半导体洁净室设备龙头企业。 来源：新浪证券-红岸工作室 12月4日，美埃科技跌1.05%，成交额5615.34万元，换手率0.90%，总市值62.49亿元。 异动分析 光刻机+中芯国际概念+芯片概念+PM2.5 1、公司上市保荐书：公司为上海微电子装备（集团）股份有限公司开发国内首台 28 纳米光刻设备工艺 制程所需的机台内国际最高洁净等级标准（ISO Class 1 级）洁净环境提供 EFU （超薄型设备端自带风 机过滤机组）及 ULPA（超高效过滤器）等产品，亦已验收合格，助力国内光刻机事业突破卡脖子技术 难题。此外，在海外市场，公司系Intel、 ST Microelectronics 等国际半导体厂商的合格供应商，为其提 供空气净化产品。公司在前述产品核心技术指标、客户信赖度等方面，可与国际品牌平行竞争，处于国 内品牌领先的地位。 2、据招股说明书：公司长期为中芯国际供应 FFU、高效/超 ...

AI 趋势下洁净室产业链梳理 20251202 AI 驱动全球半导体扩张，台积电领衔扩产，美光等跟进，高端洁净室工 程服务需求激增，设备供不应求，洁净室产业链迎来机遇。 洁净室工程服务类似工业厂房装修，通过设计施工满足半导体、新能源、 生物医药等行业对洁净度、空气成分的严格要求，空气洁净度等级从 1 到 9 级不等。 洁净室产业链核心环节包括工程服务商的设计集成安装和风机过滤器设 备提供商，晶圆制造环节难度最高，玩家包括中电二四、百诚股份、亚 翔集成等。 国内半导体洁净室资本开支在 2022 年后提升至 200-300 亿元，但成熟 制程产能过剩，AI 需求推动先进制程投资比例结构性上升，利好有先进 制程经验的工程服务商。 台系和德系企业主导全球洁净室工程服务市场，如汉唐服务台积电北美 业务，亚翔集成承接台积电高雄厂项目，海外业主倾向于将订单集中发 给大型工程服务商，提升人效。 Q&A 近期洁净室产业链的市场表现如何？有哪些新的投资机会？ 近期，洁净室产业链的股价持续强势。我们维持之前的观点，即当前时间点上， 国内和东南亚区整体半导体上下游产业链条资本开支开启了新一轮共振。工程 服务公司和设备公司逐步切入基本 ...

从资金流向上来看，当日环保设备板块主力资金净流出5936.9万元，游资资金净流入364.7万元，散户资 金净流入5572.2万元。环保设备板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 688671 | 碧兴物联 | 1093.26万 | 16.20% | -241.94万 | -3.58% | -851.33万 | -12.61% | | 000551 创元科技 | | 606.72万 | 9.83% | -401.44万 | -6.50% | -205.28万 | -3.33% | | 300203 聚光科技 | | 537.37万 | 6.51% | 72.76万 | 0.88% | -610.13万 | -7.39% | | 688376 美埃科技 | | 414.39万 | 4.07% | 72.76万 | 0.71% | -487.16万 | -4.78% | | 688501 ...

天弘新兴产业混合发起A（021623）基金经理为邢少雄。 责任编辑：小浪快报 截至发稿，邢少雄累计任职时间1年154天，现任基金资产总规模1701.89万元，任职期间最佳基金回报 33.4%， 任职期间最差基金回报32.27%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 资料显示，美埃(中国)环境科技股份有限公司位于江苏省南京市江宁区秣陵街道蓝霞路101号，成立日 期2001年6月21日，上市日期2022年11月18日，公司主营业务涉及空气净化产品、大气环境治理产品的 研发、生产及销售。主营业务收入构成为：洁净室空气过滤与洁净墙顶系统产品90.18%，其他9.82%。 从基金十大重仓股角度 数据显示，天弘基金旗下1只基金重仓美埃科技。天弘新兴产业混合发起A（021623）三季度持有股数 1.32万股，占基金净值比例为3.95%，位居第一大重仓股。根据测算，今日浮盈赚取约2.95万元。 天弘新兴产业混合发起A（021623）成立日期2024年7月2日，最新规模922. ...

Investment Rating - The investment rating for the company is "Buy-A" with a target price of 58.73 CNY per share, maintaining the rating [5][9]. Core Views - The company has completed the first vesting period of its 2024 stock incentive plan, with a total of 3.1926 million shares vested to 142 individuals, including directors and key personnel [1]. - The acquisition of CM Hi-Tech Cleanroom Limited is expected to drive revenue growth, expanding the company's market presence in cleanroom solutions [2]. - The semiconductor cleanroom market share is anticipated to continue increasing, with consumables expected to become a long-term revenue driver, potentially improving overall profitability [3]. Financial Projections - Revenue projections for 2025-2027 are 2.278 billion CNY, 2.881 billion CNY, and 3.524 billion CNY, respectively, with net profits of 248 million CNY, 327 million CNY, and 409 million CNY [4][10]. - The company is expected to achieve a gross margin of over 30% for consumable products, while equipment margins are estimated at 15% to 20% [3]. Market Performance - The company's stock price as of November 27, 2025, is 44.43 CNY, with a 12-month price range of 31.7 to 56.8 CNY [5]. - The total market capitalization is approximately 6.008 billion CNY [5].

Core Insights - The environmental equipment sector saw a 0.4% increase on November 27, with *ST Jieneng leading the gains [1] - The Shanghai Composite Index closed at 3875.26, up 0.29%, while the Shenzhen Component Index closed at 12875.19, down 0.25% [1] Environmental Equipment Sector Performance - *ST Jieneng (000820) closed at 3.48, up 3.88% with a trading volume of 171,000 shares and a turnover of 57.64 million yuan [1] - Other notable performers included: - Chuhuan Technology (001336) at 25.50, up 2.49% [1] - Meike Technology (688376) at 44.43, up 2.37% [1] - Yanpai Co., Ltd. (301081) at 11.00, up 1.66% [1] - Hengying Environmental (688309) at 23.63, up 1.63% [1] Capital Flow Analysis - The environmental equipment sector experienced a net outflow of 15.05 million yuan from institutional investors and 28.43 million yuan from retail investors, while retail investors saw a net inflow of 43.47 million yuan [2] - Specific stock capital flows included: - Longjing Environmental (600388) with a net inflow of 10.96 million yuan from institutional investors [3] - Zhongcai Energy (603126) with a net inflow of 5.08 million yuan from institutional investors [3] - *ST Jieneng (000820) with a net inflow of 3.08 million yuan from institutional investors [3]

Core Viewpoint - Meiye Technology experienced a 5.07% decline in stock price, closing at 43.40 CNY per share, with a total market capitalization of 5.833 billion CNY [1] Company Overview - Meiye (China) Environmental Technology Co., Ltd. is located in Nanjing, Jiangsu Province, established on June 21, 2001, and listed on November 18, 2022 [1] - The company's main business involves the research, production, and sales of air purification products and atmospheric environmental governance products [1] - The revenue composition of the main business includes 90.18% from cleanroom air filters and clean wall and ceiling systems, and 9.82% from other products [1] Fund Holdings - According to data, one fund under Nuoan Fund holds a significant position in Meiye Technology [2] - Nuoan Lixin Flexible Allocation Mixed A (002137) held 167,700 shares in the third quarter, accounting for 2.63% of the fund's net value, ranking as the tenth largest holding [2] - The estimated floating loss for the fund today is approximately 389,100 CNY [2] Fund Performance - Nuoan Lixin Flexible Allocation Mixed A (002137) was established on December 2, 2015, with a latest scale of 93.276 million CNY [2] - Year-to-date return is 34.26%, ranking 1984 out of 8136 in its category; the one-year return is 30.39%, ranking 2024 out of 8056; and since inception, the return is 126.15% [2]

Summary of Cleanroom Industry Conference Call Industry Overview - The cleanroom engineering service market is experiencing significant growth driven by multiple factors, including strong performance from companies like Yaxiang Integration and the increasing demand in the semiconductor and new energy sectors [1][2][3] - The market for semiconductor-related cleanroom capital expenditure has notably increased, reaching approximately 30 billion RMB, with expectations for further growth due to domestic substitution trends [1][8] Key Companies - **Yaxiang Integration**: Recommended as a top stock, benefiting from overseas capital expenditure trends in the semiconductor and new energy sectors. The company achieved its best quarterly gross margin and scale of operations in Q3 [1][2] - **Mei'an Technology**: A leading air purification equipment manufacturer, expected to achieve a profit of at least 300 million RMB by 2026, with a reasonable market valuation of around 6 billion RMB [3][14][16] - **Shenghui**: Engaged in upstream and downstream cleanroom engineering, focusing on projects related to Huawei and PCB [6][7] Financial Performance and Projections - Yaxiang Integration's Q3 performance exceeded expectations, with a projected net profit of 900-1,000 million RMB by 2026, and a target market capitalization of around 15 billion RMB [3][4][12] - The company is expected to secure over 10 billion RMB in new orders in the Singapore market by 2025, with a gross margin of approximately 27.5% [1][11] - Mei'an Technology's revenue structure is less affected by investment cycle fluctuations due to a significant portion of sales coming from replacement demand [15][16] Market Dynamics - The cleanroom engineering service market is driven by the need for high cleanliness levels in various sectors, including semiconductors, new energy, biomedicine, and food and beverage [5] - The overseas market is benefiting from AI demand and geopolitical factors, with significant orders being awarded to a few service providers, enhancing operational efficiency [9][10] Future Trends - The semiconductor industry is entering a new investment cycle, particularly in Southeast Asia, with major investments announced by companies like Micron and World Advanced [10][11] - The cleanroom capital expenditure is expected to structurally increase as domestic players tackle advanced processes, with a focus on companies with rich experience in the field [8][9] Conclusion - The cleanroom engineering service market is poised for substantial growth, driven by strong demand in the semiconductor sector and supportive macroeconomic factors. Companies like Yaxiang Integration and Mei'an Technology are well-positioned to capitalize on these trends, with promising financial projections and market opportunities ahead [1][2][3][4][12][16]

Core Points - The announcement from Meiyetech (688376) details the results of the first vesting period for its 2024 restricted stock incentive plan, with 830,000 shares set to be listed for trading on November 26, 2025 [1] - A total of 142 individuals are involved in this incentive plan, with a total of 319.26 million shares granted, of which 82.605 million shares are eligible for vesting [1] Summary by Category Incentive Plan Details - The incentive plan includes 142 participants, with specific allocations for key personnel such as directors and senior management [1] - The total number of shares granted to the participants is 319.26 million, with 82.605 million shares eligible for vesting, representing 25.87% of the total granted shares [1] Individual Allocations - Key individuals include Yap Wee Keong (2.3936 million shares), Chin Kim Fa (2.1216 million shares), and Ding Ming Dak (2.1216 million shares), each receiving 27.20% of their granted shares [1] - Other notable allocations include Chen Ling (1.8496 million shares) and Zhu Lei (1.3600 million shares), both receiving 27.20% of their granted shares [1] Financial Performance - For the first three quarters of 2025, Meiyetech reported revenues of 1.486 billion yuan and a net profit attributable to shareholders of 141 million yuan [1]

证券代码：688376 证券简称：美埃科技 公告编号：2025-045 美埃（中国）环境科技股份有限公司 关于 2024 年限制性股票激励计划首次授予部分 第一个归属期归属结果暨股份上市公告 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。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为 826,050股。 本次股票上市流通总数为826,050股。 本次股票上市流通日期为2025 年 11 月 26 日。 根据中国证券监督管理委员会、上海证券交易所、中国证券登记结算有限责 任公司上海分公司相关业务规定，美埃（中国）环境科技股份有限公司（以下简 称"公司"）于近日收到中国证券登记结算有限责任公司上海分公司出具的《证券 变更登记证明》，公司已完成 2024 年限制性股票激励计划（以下简称"本激励计 划"）首次授予部分第一个归属期的股份登记工作。现将有关情况公告如下： 一、本次限制性股票激励计划归属的决策程序和信息披露情况 （一）2024 年 8 月 26 日，公司第二届董事会薪酬与考核委员会第二次 ...