证券代码：688584 证券简称：上海合晶 公告编号：2025-036 上海合晶硅材料股份有限公司 2025年半年度募集资金存放、管理与实际使用情况的 专项报告 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。 根据《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上 市公司自律监管指引第1号——规范运作》等有关规定，上海合晶硅材料股份有 限公司（以下简称"公司"）董事会对2025年半年度募集资金存放、管理与实 际使用情况专项报告说明如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意上海合晶硅材料股份有限 公司首次公开发行股票注册的批复》（证监许可[2023]2253号），公司首次向 社会公众公开发行人民币普通股（A股）66,206,036股，每股发行价格为22.66元， 募集资金总额为1,500,228,775.76元，扣除新股发行费用（不含增值税）后，实 际募集资金净额为1,390,175,042.29元，以上募集资金已由立信会计师事务所 （特殊普通合伙）于2024年2月5日出具《上海合晶硅 ...

上海合晶 688584 二、持续加强募投项目管理，提升公司科技创新能力 2024年2月8日，公司在上海证券交易所科创板挂牌上市，募集资金总额为人民 币15亿元，实际募集资金净额为13.9亿元。公司使用募集资金投入"低阻单晶成长 及优质外延研究项目"、"优质外延片研发及产业化项目"及补充流动资金等项目。 1 上海合晶 688584 上海合晶硅材料股份有限公司 关于 2025 年度提质增效重回报专项行动方案的半年度 评估报告 上海合晶硅材料股份有限公司（以下简称"公司"）为践行"以投资者为本"的 上市公司发展理念，维护公司全体股东利益，基于对公司未来发展前景的信心、对 公司价值的认可和切实履行社会责任，公司于 2025 年 3 月 19 日发布了《2025 年度 提质增效重回报行动方案》（以下简称"行动方案"），为公司 2025 年度提质增效 重回报行动制定出明确的工作方向。公司根据行动方案内容，积极开展和落实各项 工作，现将 2025 年上半年的主要工作成果报告如下： 一、聚焦经营主业，提升核心竞争力 公司是中国少数具备从晶体成长、衬底成型到外延生长全流程生产能力的半导 体硅外延片一体化制造商，主要产品为半导体 ...

Core Points - Shanghai Hejing reported a closing price of 26.52 yuan as of August 25, 2025, with a decline of 2.03% [1] - The company experienced a net outflow of main funds amounting to 65.89 million yuan, accounting for 11.77% of the transaction amount [1] - The latest quarterly report shows total operating revenue of 280 million yuan, a year-on-year increase of 12.47%, and a net profit attributable to shareholders of 19.21 million yuan, up 5.15% year-on-year [1] Financial Performance - The company's operating revenue for Q1 2025 was 280 million yuan, with a year-on-year growth of 12.47% [1] - Net profit attributable to shareholders reached 19.21 million yuan, reflecting a year-on-year increase of 5.15% [1] - The company's current ratio is 8.987, quick ratio is 7.365, and debt-to-asset ratio is 8.00% [1] Company Overview - Shanghai Hejing Silicon Materials Co., Ltd. was established in 1994 and is located in Shanghai, primarily engaged in non-ferrous metal smelting and rolling processing [2] - The company has a registered capital of 6.65 billion yuan and a paid-in capital of 5.68 billion yuan [1] - The legal representative of the company is Mao Ruiyuan [1] Investment and Intellectual Property - The company has made investments in 5 external enterprises and participated in 11 bidding projects [2] - It holds 3 trademark registrations and 115 patent applications, along with 71 administrative licenses [2]

Group 1 - The stock price of Shanghai Hejing as of August 21, 2025, is 27.39 yuan, down by 0.96 yuan from the previous trading day [1] - The opening price on the same day was 28.66 yuan, with a high of 29.65 yuan and a low of 26.88 yuan, resulting in a trading volume of 265,890 hands and a transaction amount of 744 million yuan [1] - Shanghai Hejing's main business includes the research, production, and sales of semiconductor materials, primarily used in integrated circuits and discrete devices [1] Group 2 - As an upstream enterprise in the semiconductor industry chain, Shanghai Hejing's operations involve silicon materials and wafer manufacturing [1] - On August 21, the net outflow of main funds for Shanghai Hejing was 61.93 million yuan, with a cumulative net outflow of 59.05 million yuan over the past five trading days [1] - The semiconductor sector has shown active performance, with market transaction amounts maintaining above 2.1 trillion yuan for six consecutive 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].

Group 1: Semiconductor Market Performance - On August 20, the semiconductor sector experienced a significant rally, with stocks such as Shengke Communication rising by 20%, Aiwei Electronics by 15.85%, and Chipone Technology by 15.52% [1][6] - The semiconductor sector has seen a cumulative increase of 14.19% in August [6] Group 2: AI Driving Semiconductor Growth - AI technology is driving a new growth cycle in the semiconductor industry, with applications in servers, smartphones, PCs, and automobiles leading to increased demand for semiconductor components [2][3] - The global AI server market is projected to grow to 30% from 2023 to 2033, with increased demand for high-performance GPUs, CPUs, and storage hardware [2] - AI smartphone shipments are expected to reach approximately 119 million units in 2024, growing to 606 million units by 2028, with a compound annual growth rate (CAGR) of about 38% [2] - AI PC shipments are forecasted to be around 48 million units in 2024, increasing to 204 million units by 2028, with a CAGR of 43.58% [2] Group 3: Automotive AI Sector - The global smart vehicle sales are expected to grow at a CAGR of about 11% from 2023 to 2030, with ADAS penetration increasing from 65.6% in 2023 to 96.7% by 2030 [3] - The demand for advanced driving chips, storage chips, and interaction hardware is expected to rise due to the high computational and storage requirements of automotive AI models [3] Group 4: Domestic Semiconductor Industry Developments - China's semiconductor industry is undergoing significant domestic substitution efforts, with a decrease in the import share of integrated circuits from 4.4% in 2019 to 2.4% in 2023 [4] - The domestic production rate of semiconductor equipment has reached 30% in certain areas, with breakthroughs in photolithography technology and EDA achieving domestic substitution [4] - Shanghai Microelectronics has delivered its first 7nm process-supporting immersion DUV lithography machine, achieving a domestic production rate of 70% [4] Group 5: Semiconductor Equipment and Materials - The semiconductor equipment and materials sector is identified as a key area for domestic substitution, with significant potential for growth driven by AI demand and technological advancements [5] - National Electric Power Investment Corporation has completed the delivery of its first batch of optimized hydrogen ion implantation performance chips, marking a milestone in domestic technology [5] - Guangfa Securities highlights the increasing penetration and demand for new technologies such as renewable energy, automotive electronics, and AI as important drivers for the semiconductor industry [5]

Core Viewpoint - Shanghai Hejing experienced a decline of 7.72% on August 19, with a trading volume of 594 million yuan and a market capitalization of 16.776 billion yuan [1] Company Overview - Shanghai Hejing Silicon Materials Co., Ltd. focuses on the research, production, and sales of semiconductor silicon epitaxial wafers, with its main products being 8-inch and smaller epitaxial wafers used for power devices and analog chips [2] - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which signifies its strong market position and innovation capabilities [2] - As of August 8, the company had 16,500 shareholders, an increase of 4.05%, with an average of 20,580 circulating shares per person, a decrease of 3.89% [7] Financial Performance - For the first quarter of 2025, Shanghai Hejing reported a revenue of 280 million yuan, representing a year-on-year growth of 12.47%, and a net profit attributable to shareholders of 19.2076 million yuan, up 5.15% year-on-year [7] - The company has distributed a total of 332 million yuan in dividends since its A-share listing [8] Market Dynamics - The company benefits from a high overseas revenue ratio of 85.40%, which is positively impacted by the depreciation of the RMB [3] - The average trading cost of the stock is 21.27 yuan, with the current price fluctuating between a resistance level of 28.28 yuan and a support level of 23.00 yuan, suggesting potential for short-term trading strategies [6] Investment Sentiment - The main capital flow showed a net outflow of 67.0225 million yuan today, with a ranking of 138 out of 165 in the industry, indicating a lack of strong capital trend [4][5]

Core Viewpoint - The semiconductor industry is experiencing a significant boom driven by AI, which is expected to reshape the global semiconductor supply chain and accelerate domestic semiconductor localization efforts in China [1][2]. Group 1: Market Performance - As of August 15, 2025, the Shanghai Stock Exchange's Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index rose by 2.47%, with notable increases in constituent stocks such as Shanghai Hejing (+15.77%), Linweina (+9.76%), and Xinyi Chang (+4.29%) [1]. - The Sci-Tech Semiconductor ETF (588170) increased by 2.33%, with the latest price reported at 1.1 yuan [1]. Group 2: Industry Insights - Donghai Securities indicates that investment intensity in the AI sector remains strong, reflecting long-term growth potential. However, due to the technological advantages of the U.S. in advanced processes and AI chips, domestic chips may struggle to fully replace imports in the short term, leading to delayed capacity ramp-up and potential price increases for end products [1]. - Aijian Securities believes that the current semiconductor industry explosion driven by AI is unprecedented, comparable to an industrial revolution. Future developments in the semiconductor sector will focus on density enhancement, advanced packaging, and system-level optimization [1]. - The semiconductor equipment and materials sector is identified as a crucial area for domestic substitution, characterized by low domestic replacement rates and high ceilings for domestic substitution, benefiting from the expansion of semiconductor demand driven by the AI revolution [2].

金融界消息 截至2025年8月14日收盘，上海合晶（688584）报收于24.41元，下跌6.76%，换手率8.9%， 成交量30.25万手，成交金额7.44亿元。 资金流向方面，今日主力资金净流出2128.74万元，占比成交额2.86%。其中，超大单净流出3962.82万 元、占成交额5.33%，大单净流入1834.08万元、占成交额2.47%，中单净流出流入1034.89万元、占成交 额1.39%，小单净流入1093.85万元、占成交额1.47%。 上海合晶最新一期业绩显示，截至2025一季报，公司营业总收入2.80亿元、同比增长12.47%，归属净利 润1920.76万元，同比增长5.15%，扣非净利润1551.81万元，同比增长0.11%，流动比率8.987、速动比率 7.365、资产负债率8.00%。 天眼查商业履历信息显示，上海合晶硅材料股份有限公司，成立于1994年，位于上海市，是一家以从事 有色金属冶炼和压延加工业为主的企业。企业注册资本66545.8353万人民币，实缴资本56843.316万人民 币。公司法定代表人为毛瑞源。 通过天眼查大数据分析，上海合晶硅材料股份有限公司共对外投资了5家 ...

证券之星消息，8月14日半导体板块较上一交易日上涨1.06%，龙图光罩领涨。当日上证指数报收于 3666.44，下跌0.46%。深证成指报收于11451.43，下跌0.87%。半导体板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688721 | 龙图光罩 | 53.72 | 12.98% | 12.93万 | | 7.12亿 | | 688256 | 寒武纪 | 949.00 | 10.35% | 15.07万 | | 140.35 Z | | 688041 | 海光信息 | 152.49 | 8.83% | 78.90万 | | 120.20亿 | | 688110 | 东芯股份 | 93.25 | 4.58% | 39.86万 | | 37.14亿 | | 688591 | 泰凌微 | 52.40 | 4.26% | 18.81万 | | 9.97亿 | | 688347 | 表可公司 | 70.50 | 3.62% | 28.94万 | | 20.3 ...