证券代码：688478 证券简称：晶升股份 公告编号：2025-037 南京晶升装备股份有限公司 关于筹划发行股份及支付现金购买资产 并募集配套资金事项的停牌的公告 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、准确性和完整性承担法律责任。 重要内容提示： 证券停复牌情况：适用 因筹划发行股份及支付现金购买资产并募集配套资金事项,本公司的相关证 券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 期间 | | | | 688478 | 晶升股份 | A 股 | 停牌 | 2025/8/26 | | | | 一、停牌事由和工作安排 南京晶升装备股份有限公司（以下简称"公司"）正在筹划以发行股份及支付 现金的方式购买北京为准智能科技股份有限公司（以下简称"北京为准"或"标 的公司"）的控股权，同时拟募集配套资金（以下简称"本次交易"）。 本次交易尚处于筹划阶段，截 ...

Group 1 - The core point of the article is that Jing Sheng Co., Ltd. (688478) announced plans to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment, along with raising supporting funds [1] - The stock of Jing Sheng will be suspended from trading starting August 26, with the suspension expected to last no more than 10 trading days [1] - As of the announcement date, the valuation of Beijing Weizhun has not been finalized, and it is uncertain whether the transaction will constitute a major asset restructuring or a related party transaction due to pending details on audit evaluations and transaction amounts [1] Group 2 - On August 25, Jing Sheng's stock rose by 2.35%, closing at 41.79 yuan per share, with a total market capitalization of 5.782 billion yuan [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 格隆汇8月25日丨晶升股份(688478.SH)公布，公司正在筹划以发行股份及支付现金的方式购买北京为准 智能科技股份有限公司(以下简称"北京为准"或"标的公司")的控股权，同时拟募集配套资金(以下简 称"本次交易")。 鉴于上述事项存在不确定性，为保证公平信息披露，维护投资者利益，避免造成公司股价异常波动，根 据上海证券交易所相关规定，经公司申请，公司股票将于2025年8月26日(星期二)开市起停牌，预计停 牌时间不超过10个交易日。 ...

Group 1 - The company, Jing Sheng Co., Ltd. (688478.SH), is planning to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment [1] - The company intends to raise supporting funds as part of this transaction [1] - Due to the uncertainties surrounding this matter, the company's stock will be suspended from trading starting August 26, 2025, for a period not exceeding 10 trading days to ensure fair information disclosure and protect investor interests [1]

Group 1 - The company, Jing Sheng Co., Ltd. (688478.SH), announced plans to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payments [1] - The company intends to raise matching funds as part of this acquisition process [1] - Due to uncertainties surrounding these matters, the company's stock will be suspended from trading starting August 26, 2025, with an expected suspension period not exceeding 10 trading days [1]

Group 1 - The core viewpoint of the articles highlights the ongoing fluctuations in the semiconductor materials and equipment sector, with specific attention to the performance of the STAR Market Semiconductor Materials and Equipment Index and related ETFs [1][2]. - As of August 20, the STAR Market Semiconductor Materials and Equipment Index decreased by 0.18%, with mixed performance among constituent stocks, including Shanghai Hejing rising by 6.35% and Jing Sheng Co. falling by 3.83% [1]. - The STAR Market Semiconductor ETF (588170) saw a slight decline of 0.36%, with a recent price of 1.1 yuan, but has shown a cumulative increase of 3.18% over the past week [1]. Group 2 - The global semiconductor materials market is projected to reach approximately $70 billion by 2025, with a year-on-year growth of about 6%, driven by AI-related demand [2]. - The silicon wafer market is expected to reach around $14 billion by 2025, with a year-on-year growth of 3.8% and a projected increase in shipment area of 5.4% [2]. - The domestic semiconductor materials market is anticipated to benefit from a rising domestic production rate, presenting a favorable investment window [2]. Group 3 - The semiconductor materials ETF (562590) and its associated funds focus heavily on the upstream semiconductor sector, with 59% of the index comprising semiconductor equipment and 24% comprising semiconductor materials [3].

Core Viewpoint - The Huawei HiSilicon concept stocks experienced a rise of 1.87% as of the market close on August 19, with significant contributions from several stocks within the sector [1]. Group 1: Stock Performance - Among the Huawei HiSilicon concept stocks, 29 stocks increased in value, with Chengmai Technology reaching a 20% limit up, Sichuan Changhong also hitting the limit up, and other notable gainers including Saiwei Electronics, Qiangrui Technology, and Jing Sheng Co., which rose by 11.69%, 9.73%, and 8.74% respectively [1]. - The concept sector's performance was varied, with the top gainers including the reducer concept at 2.62% and animal vaccine at 2.47%, while the military equipment restructuring concept saw a decline of 1.86% [1]. Group 2: Capital Flow - The Huawei HiSilicon concept sector saw a net inflow of 727 million yuan from main funds, with 20 stocks receiving net inflows, and 7 stocks exceeding 100 million yuan in net inflows [1]. - Sichuan Changhong led the net inflow with 1.506 billion yuan, followed by Chengmai Technology, Runhe Software, and Yihua Co., which received net inflows of 398 million yuan, 273 million yuan, and 238 million yuan respectively [1][2]. - The net inflow ratios for Sichuan Changhong, Chengmai Technology, and Yihua Co. were 25.98%, 21.65%, and 15.91% respectively, indicating strong investor interest in these stocks [2].

Core Viewpoint - The semiconductor sector in the A-share market has shown significant strength, with multiple stocks experiencing substantial gains in a single trading session [1]. Group 1: Stock Performance - Chipone Technology (688521) saw a rise of 16.82%, with a total market capitalization of 68.9 billion and a year-to-date increase of 150.10% [2]. - Diaowei (688381) increased by 10.44%, with a market cap of 6.779 billion and a year-to-date rise of 43.53% [2]. - CanSemi (688691) rose by 7.95%, with a market cap of 9.48 billion and a year-to-date increase of 2.90% [2]. - Debang Technology (688035) experienced a 7.02% increase, with a market cap of 8.719 billion and a year-to-date rise of 67.92% [2]. - Aojie Technology (688220) increased by 6.57%, with a market cap of 41 billion and a year-to-date rise of 81.18% [2]. - Jing Sheng Technology (688478) rose by 5.96%, with a market cap of 5.636 billion and a year-to-date increase of 45.64% [2]. - ST Huamei (600360) increased by 5.00%, with a market cap of 9.075 billion and a year-to-date rise of 107.26% [2]. - Minxin Technology (688286) saw a 4.71% increase, with a market cap of 4.462 billion and a year-to-date rise of 32.22% [2]. - Ziguang Guowei (002049) rose by 3.92%, with a market cap of 71.4 billion and a year-to-date increase of 30.94% [2]. - Saiwei Microelectronics (688322) increased by 3.89%, with a market cap of 5.584 billion and a year-to-date rise of 33.43% [2]. - Zhenlei Technology (688270) saw a 3.50% increase, with a market cap of 15.4 billion and a year-to-date rise of 105.31% [2]. - Hengxuan Technology (688608) increased by 3.23%, with a market cap of 44.4 billion and a year-to-date rise of 13.80% [2]. - Zhongjing Technology (003026) rose by 3.14%, with a market cap of 4.892 billion and a year-to-date increase of 16.44% [2]. - Taiji Technology (300046) saw a 3.12% increase, with a market cap of 11.4 billion and a year-to-date rise of 33.69% [2].

Core Viewpoint - The semiconductor sector in the A-share market has shown significant strength, with multiple companies experiencing notable stock price increases [1] Company Performance - Chipone Technology (芯原股份) saw its stock price rise over 16% - Diao Microelectronics (帝奥微) increased by more than 10% - Sanxin Technology (灿芯股份) and Debang Technology (德邦科技) both rose over 7% - Aojie Technology (翱捷科技) gained over 6% - Jingsheng Technology (晶升股份) increased by over 5% - Minxin Technology (敏芯股份) rose by over 4% - Unisoc (紫光国微), Sai Microelectronics (赛微微电), Zhenlei Technology (臻镭科技), Hengxuan Technology (恒玄科技), and Taiji Technology (台基股份) all saw increases of over 3% [1]

Core Viewpoint - The recent surge in the semiconductor sector, particularly with companies like Cambrian and Shanghai Hualing, is driven by the anticipation surrounding the release of DeepSeek-R2, marking a significant moment for domestic computing power in China [1][3]. Group 1: Market Dynamics - Cambrian and Shanghai Hualing experienced a 20% increase in stock prices, indicating strong market interest [1][3]. - The release window for DeepSeek-R2 (August 15-30) has created a speculative environment, with investors betting on its potential impact [3]. - Daily Interactive, which previously surged due to DeepSeek, saw a 12% increase, suggesting that smart money is positioning itself ahead of the expected announcement [3]. Group 2: Technological Advancements - DeepSeek-R2 boasts 1.2 trillion parameters, with a dynamic activation of only 78 billion, outperforming GPT-4 by 20% in inference speed while reducing costs to $0.07 per million characters, just 2.7% of GPT-4's cost [3]. - The training of DeepSeek-R2 is based on Huawei's Ascend 910B chip, achieving 91% of the performance of Nvidia's A100 with an 82% utilization rate, indicating a significant advancement in domestic technology [3]. - The model supports multi-modal integration, achieving a 98.1% accuracy rate in medical diagnostics, surpassing top-tier doctors [3]. Group 3: Risks and Challenges - The release of DeepSeek-R2 has faced delays, originally scheduled for May, due to performance issues and supply chain disruptions, which could affect market sentiment if further postponed [4]. - The recent launch of GPT-5 poses a competitive threat, showcasing superior capabilities in various applications, necessitating DeepSeek-R2 to demonstrate its effectiveness through real-world results [5]. Group 4: Investment Opportunities - Key players in the semiconductor core circle include Cambrian, which collaborates with the Ascend ecosystem, and Shanghai Hualing, a critical supplier of materials for Ascend chips [7]. - Companies like Tuowei Information and Digital China are positioned to benefit from increased orders driven by the Ascend server market, with Digital China expected to see an 80% increase in orders by 2025 [8]. - Technology empowerment firms such as Softcom Power and Guangxun Technology are integrating R2 technology into their platforms, enhancing product quality and positioning themselves strategically in the computing power landscape [9]. Group 5: Strategic Recommendations - Investors are advised to focus on leading stocks like Cambrian and Tuowei Information if R2 is released on schedule, while considering a shift to more stable alternatives like SMIC and Changdian Technology if delays occur [10]. - Long-term strategies should include monitoring the commercial feedback of R2 in industrial and medical applications, as well as tracking server shipment volumes from Ascend partners to confirm market health [11].