Group 1 - The company is actively promoting its globalization strategy and is making steady progress in its overseas business [2] - Investors are encouraged to monitor the company's quarterly and annual performance reports for updates on overseas order situations [2]

资金流向方面，今日主力资金净流出1480.45万元，占比成交额7.23%。其中，超大单净流出626.82万 元、占成交额3.06%，大单净流出853.63万元、占成交额4.17%，中单净流出流入919.22万元、占成交额 4.49%，小单净流入561.23万元、占成交额2.74%。 海目星最新一期业绩显示，截至2025一季报，公司营业总收入5.39亿元、同比减少48.58%，归属净利润 18880.20万元，同比减少556.46%，扣非净利润19726.88万元，同比减少873.14%，流动比率1.237、速动 比率0.617、资产负债率74.34%。 金融界消息 截至2025年7月30日收盘，海目星（688559）报收于31.2元，下跌3.41%，换手率2.63%，成 交量6.53万手，成交金额2.05亿元。 天眼查商业履历信息显示，海目星激光科技集团股份有限公司，成立于2008年，位于深圳市，是一家以 从事专用设备制造业为主的企业。企业注册资本24660.46万人民币，实缴资本24660.46万人民币。公司 法定代表人为赵盛宇。 通过天眼查大数据分析，海目星激光科技集团股份有限公司共对外投资了32家企业， ...

Investment Rating - The report rates the lithium battery equipment industry as "Overweight" due to its expected outperformance compared to the overall market [4]. Core Insights - Solid-state batteries are anticipated to drive increased equipment demand due to their multiple performance advantages, including high energy density, safety, and long cycle life. The market for semi-solid batteries is projected to reach 10GWh in shipments by 2024, with full solid-state batteries expected to enter the GWh application stage by 2028 [4]. - The application of lasers in solid-state batteries is more extensive than in traditional lithium batteries, leading to an expected increase in the value per GW. Key processes include laser insulation of electrode sheets, preheating of dry electrodes, ultra-fast laser cutting, online cleaning with lasers, and laser welding [4]. - Key companies in the sector include Lianying Laser, Delong Laser, Haimu Star, and Jieput. These companies are actively developing equipment suitable for solid-state battery production and have secured orders or partnerships with industry leaders [4]. Summary by Sections Industry Overview - Solid-state batteries are gaining traction due to their superior characteristics, which are expected to accelerate equipment demand [4]. Technology Application - Laser technology is increasingly utilized in various stages of solid-state battery production, enhancing efficiency and reducing costs compared to traditional methods [4]. Key Companies - Lianying Laser has developed equipment for solid-state battery production and has increased its delivery of devices compared to previous years [4]. - Delong Laser focuses on key technologies such as laser insulation and has received orders for its equipment [4]. - Haimu Star is collaborating with leading firms in solid-state battery technology and has signed significant procurement contracts [4]. - Jieput continues to deliver laser products to battery clients, improving production efficiency and quality [4]. Financial Metrics - The report includes a valuation table for laser companies in the solid-state battery sector, highlighting market capitalization and projected net profits for the years 2024 to 2027 [5].

Core Viewpoint - Recent advancements in Micro LED mass transfer processes have been achieved through collaboration between Fuzhou University and Chalmers University of Technology, which may significantly accelerate the commercialization of Micro LED technology in AR/VR, wearable devices, and smart glasses [1][2]. Group 1: Technology Development - The research team developed a high-yield laser mass transfer method for Micro LEDs that eliminates residual polymers, enhancing the transfer process's efficiency [2]. - The laser-induced transfer method operates within a laser energy range of 1200–1500 mJ/cm², achieving a chip retention rate of nearly 100% during the transfer process [2]. - The new technology overcomes limitations of traditional mass transfer methods, such as electrostatic transfer and micro-stamping, by providing precise control over laser focus depth and avoiding chip surface damage [2][3]. Group 2: Precision and Compatibility - A mathematical relationship was established to compensate for instability factors like sapphire warping, enabling precise transfer without polymer residues [3]. - The technology is compatible with various sizes and types of Micro LED chips, laying a solid foundation for transferring Micro LEDs to TFT (Thin-Film Transistor) driving substrates [4]. Group 3: Future Applications and Collaborations - Future plans include expanding the technology's application potential in full-color Micro LEDs, flexible displays, and micro-projection [5]. - Fuzhou University has made significant progress in μLED display chip preparation and mass transfer technologies, collaborating with enterprises and universities to advance Micro LED research [6].

Market Overview - The Shanghai Composite Index is at 3570.20 points, above the six-month moving average, with a change of 0.29% [1] - The total trading volume of A-shares today is 15610.05 billion yuan [1] Stocks Breaking Six-Month Moving Average - A total of 61 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Huabei Mining: 8.00% deviation rate, with a price increase of 8.60% [1] - Hengjin Induction: 7.25% deviation rate, with a price increase of 8.04% [1] - Shanmei International: 7.00% deviation rate, with a price increase of 10.04% [1] Additional Stocks with Minor Deviations - Stocks with smaller deviation rates that have just crossed the six-month moving average include: - Juhua Technology: minor deviation rate [1] - *ST Chuntian: minor deviation rate [1] - Hanzhong Precision Machinery: minor deviation rate [1]

Summary of Key Points Core Viewpoint - On July 18, a total of 16 stocks on the Sci-Tech Innovation Board (STAR Market) experienced block trading, with a cumulative transaction amount of 171 million yuan, indicating active trading activity in this sector [1]. Group 1: Trading Activity - A total of 31 block trades were recorded, with a cumulative trading volume of 4.8367 million shares [1]. - The stock with the highest transaction amount was Haitan Ruisheng, which had 9 block trades totaling 38.30 million shares and a transaction amount of 38.30 million yuan [1]. - Other notable stocks in terms of transaction amounts included Guangyun Technology and Fuchuang Precision, with transaction amounts of 24.9162 million yuan and 20.9360 million yuan, respectively [1]. Group 2: Price and Discount Analysis - The stocks that experienced the highest discount rates relative to their closing prices included Qingyun Technology, Weixin Bio, and Guangyun Technology, with discount rates of 19.48%, 17.25%, and 14.95%, respectively [1]. - The average increase for the stocks involved in block trading was 2.55%, with the top gainers being Dema Technology, Qingyun Technology, and Huasheng Lithium, which saw increases of 14.74%, 7.90%, and 7.22% respectively [1]. Group 3: Institutional Participation - Among the block trades, 12 transactions involved institutional buyers or sellers, with the highest buying amounts for Haitan Ruisheng, Guangyun Technology, and Qingyun Technology, at 27.70 million yuan, 11.2276 million yuan, and 7.579 million yuan, respectively [2]. - In terms of net capital flow, six stocks saw net inflows, with Dema Technology, Huasheng Lithium, and Qingyun Technology leading with net inflows of 51.1035 million yuan, 33.284 million yuan, and 32.1246 million yuan, respectively [2].

Core Insights - The Haimeixing Intelligent Equipment Industrial Supporting Project has officially broken ground in Liutang Village, Tangxia Town, marking a significant step in exploring the "property construction + leaseback" village-enterprise cooperation model and promoting the redevelopment of inefficient land [1][5] Group 1: Project Overview - The project covers a planned construction area of 40 acres with an investment of 250 million yuan, aimed at attracting a number of laser and high-end equipment enterprises along with upstream and downstream supporting companies [3] - Upon reaching full production, the project is expected to generate an annual output value of 300 million yuan [3] Group 2: Strategic Importance - The project will provide critical support for Haimeixing (Jiangmen) Laser Intelligent Equipment Co., Ltd. as the leading enterprise to quickly respond to market demands and establish core component production capacity nearby [3] - The geographical location of the project is advantageous, with proximity to major transportation routes such as the Pearl River Delta Ring Expressway and Jiangsha Road, enhancing its potential to integrate into the industrial park and leverage the strong radiation power of the Bay Area [3] Group 3: Economic and Social Impact - The project is seen as a successful example of innovatively activating village-level reserved land, serving as a key measure to stimulate land resources and a strong engine for collective economic development and rural revitalization [5] - The next phase will focus on the implementation of the "Hundred Thousand Million Project," exploring new pathways for efficient development and utilization of reserved land, transforming it into a "treasure basin" for rural prosperity [5]

证券代码：688559 证券简称：海目星 公告编号：2025-032 海目星激光科技集团股份有限公司 关于变更保荐代表人的公告 本次变更后，公司首发上市项目持续督导保荐代表人为彭立强先生和王楠楠 先生。 公司董事会对陈靖先生在首发上市项目及持续督导期间所做出的贡献表示 衷心的感谢！ 特此公告。 海目星激光科技集团股份有限公司 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。 海目星激光科技集团股份有限公司（以下称"公司"）于近日收到中信证券 股份有限公司（以下简称"中信证券"）出具的《关于更换保荐代表人的函》，中 信证券作为公司首次公开发行股票并在科创板上市项目（以下简称"首发上市项 目"）的保荐机构，原指定保荐代表人陈靖先生、彭立强先生负责首发上市项目 持续督导工作，持续督导期至 2023 年 12 月 31 日止。鉴于公司首发上市项目募 集资金尚未使用完毕，根据相关规定，中信证券将就募集资金相关事项继续履行 首发上市项目持续督导义务。 现因陈靖先生工作变动，不再继续担任公司首发上市项目持续督导保荐代表 人。为保证后续工作 ...

Summary of Key Points Core Viewpoint - On July 11, 13 stocks from the Sci-Tech Innovation Board experienced block trading, with a total transaction amount of 256 million yuan, indicating active trading in this sector [1]. Group 1: Trading Activity - A total of 13 Sci-Tech Innovation Board stocks had block trades, with 26 transactions and a cumulative trading volume of 13.93 million shares [1]. - The stock with the highest transaction amount was Weiteng Electric, with a trading volume of 2.34 million shares and a transaction amount of 63.52 million yuan [1]. - Other notable stocks in terms of transaction amounts included Huicheng Co. and Yunzhu Technology, with transaction amounts of 57.27 million yuan and 23.83 million yuan, respectively [1]. Group 2: Price Performance - The average price of the stocks involved in block trading showed a discount compared to the closing price, with the highest discount rates for Weimais, Dameng Data, and Fuje Environmental Protection at 25.02%, 21.16%, and 19.12% respectively [1]. - In contrast, Huicheng Co. had a premium rate of 0.93% [1]. - The Sci-Tech 50 Index rose by 1.48%, with 402 stocks (68.25%) increasing in value, while the average increase for stocks involved in block trading was 3.58% [1]. Group 3: Institutional Participation - Among the block trades, 12 transactions involved institutional buyers or sellers, focusing on four stocks, with the highest buying amounts in Fuje Environmental Protection, Aopumai, and Yifang Bio at 14.08 million yuan, 10.49 million yuan, and 10.01 million yuan, respectively [2]. - Net inflows of funds were observed in six stocks, with Yifang Bio, Huazhu High-Tech, and Kaiweite leading in net inflow amounts of 16.69 million yuan, 5.53 million yuan, and 5.47 million yuan, respectively [2]. - Conversely, Yunzhu Technology, Haimeixing, and Fuchuang Precision experienced the highest net outflows of 8.99 million yuan, 7.35 million yuan, and 3.13 million yuan, respectively [2].

Group 1: Robotics Sector - The robotics sector is experiencing accelerated overseas expansion, driven by technological breakthroughs and profitability improvements, leading to a reassessment of value [1] - Wan'an Robotics focuses on AI embodied robots, achieving a global market share of 11.9%, with over 57% in the Japanese market; Cloudwise Technology leads globally in the number of online service robots in hotels [1] - Geekplus has maintained its position as the global leader in warehouse AMR for six consecutive years, with over 70% of its revenue coming from overseas; companies with core technology, global layout, and improving profitability are expected to see value reassessment [1] Group 2: Solid-State Battery Development - The solid-state battery industry is accelerating, with major companies like CATL, EVE Energy, and BYD advancing pilot lines and sample validations, with some achieving semi-solid mass production [2] - Full solid-state small batch production is expected to begin between 2025 and 2027; the equipment segment is likely to benefit first from this industrialization process [2] - Leading equipment manufacturers are accelerating product validation and customer onboarding, with companies like Xianlead Smart and Winbond Technology providing comprehensive solutions for key processes [2] Group 3: Other Key Sectors - The forklift sector is benefiting from the rapid development of embodied intelligence, with domestic and international forklift companies, e-commerce logistics firms, and robotics companies making strides in intelligent logistics [3] - The export chain is seeing advantages due to the implementation of Vietnam's tariff policy, which enhances regional manufacturing cost differentials, allowing companies with global capacity and brand channel capabilities to improve profitability and market share [3] - The 3C equipment sector is expected to benefit in the short term from innovations in Apple's hardware products, and in the medium term from supply chain security issues driving new capacity in Southeast Asia [3]