Core Viewpoint - The news highlights the performance of the STAR Market and the launch of Huawei's new AI SSD, indicating a growing interest in AI storage solutions and the potential for investment opportunities in the tech sector [3][4]. Group 1: STAR Market Performance - As of August 26, 2025, the STAR Market 100 Index rose by 0.61%, with notable increases in constituent stocks such as Huafeng Technology (up 13.04%) and Zhuhai Guanyu (up 12.17%) [3]. - The STAR 100 Index ETF saw a 0.78% increase, marking its third consecutive rise, with a latest price of 1.3 yuan [3]. - Over the past week, the STAR 100 Index ETF accumulated a 5.49% increase, with a trading volume of 99.8865 million yuan and a turnover rate of 1.36% [3][4]. Group 2: Investment Trends and Fund Performance - The STAR 100 Index ETF experienced a net inflow of 27.3865 million yuan over the last ten trading days, despite a recent net outflow of 6.55234 million yuan [4]. - The ETF's net asset value increased by 23.84% over the past six months, ranking it 514 out of 3544 in the index stock fund category [5]. - The ETF's management fee is 0.15%, and its tracking error is 0.020%, indicating a competitive cost structure and high tracking precision compared to similar funds [5][6]. Group 3: Huawei's AI SSD Launch - Huawei is set to launch a new AI SSD on August 27, targeting the AI storage market by addressing the limitations of traditional HBM with innovative technology [3]. - The new product aims to meet the demands for large capacity and high performance in AI training and inference processes, potentially revitalizing the AI storage market [3]. - Huawei plans to collaborate with integrated machine manufacturers to enhance the current market landscape, suggesting a strategic move to increase competitiveness in the AI storage sector [3]. Group 4: Domestic Computing Power Chain - The release of DeepSeek-V3.1 is expected to boost the domestic computing power chain, with significant growth anticipated in related infrastructure due to increased capital expenditure from domestic internet companies [4]. - The focus on domestic computing power and its supporting industries, such as optical modules and switches, is projected to maintain high demand and growth in the coming years [4].

公募基金方面，本期较上一季度新披露的公募基金共计4个，包括兴银景气优选混合A、兴银碳中和主 题混合A、兴银高端制造混合A、兴银丰盈灵活配置A。 2025年8月26日，威迈斯(688612.SH)发布2025年半年度报告。截至2025年8月25日，共有11个机构投资 者披露持有威迈斯A股股份，合计持股量达1.16亿股，占威迈斯总股本的27.54%。其中，前十大机构投 资者包括深圳特浦斯企业管理合伙企业(有限合伙)、深圳倍特尔企业管理合伙企业(有限合伙)、深圳森 特尔企业管理合伙企业(有限合伙)、深圳市同晟创业投资管理有限公司-新余同晟创业投资合伙企业(有 限合伙)、北京丰图投资有限责任公司-宁波丰图汇瑞投资中心(有限合伙)、深圳市华宝万盈资产管理有 限公司-华宝万盈资产鑫享2号私募证券投资基金、兴银景气优选混合A、兴银碳中和主题混合A、兴银 高端制造混合A、太平先进制造混合发起式A，前十大机构投资者合计持股比例达27.53%。保持未变。 ...

Core Viewpoint - 威迈斯 (688612.SH) reported a strong performance in its 2025 mid-year report, showing continuous growth in revenue, net profit, and cash flow from operating activities. Financial Performance - Total revenue reached 2.96 billion yuan, an increase of 189 million yuan compared to the same period last year, marking a year-on-year growth of 6.82% [1] - Net profit attributable to shareholders was 272 million yuan, up by 56.46 million yuan year-on-year, reflecting a 26.18% increase [1] - Net cash inflow from operating activities was 483 million yuan, a significant increase of 469 million yuan year-on-year, representing a 3369.18% rise [1] Profitability Metrics - The latest asset-liability ratio stands at 56.40% [1] - Gross profit margin is 20.68%, up by 2.79 percentage points from the previous quarter and 1.68 percentage points from the same period last year, indicating two consecutive quarters of growth [1] - Return on equity (ROE) is 8.12%, an increase of 1.67 percentage points year-on-year [1] - Diluted earnings per share are 0.65 yuan, an increase of 0.14 yuan compared to the same period last year, reflecting a year-on-year growth of 27.45% [1] Efficiency Ratios - The latest total asset turnover ratio is 0.38 times [1] - Inventory turnover ratio is 2.60 times, an increase of 0.52 times year-on-year, indicating a 25.22% rise and two consecutive years of growth [1] Shareholder Information - The number of shareholders is 7,515, with the top ten shareholders holding 259 million shares, accounting for 61.57% of the total share capital [2]

Core Viewpoint - Shenzhen VMAX New Energy (Group) Co., Ltd. reported a revenue increase of 6.82% year-on-year for the first half of 2025, driven by the growth in the electric vehicle market and the optimization of product structure [3][20]. Company Overview and Financial Indicators - The company achieved an operating income of CNY 2,959,987,110.50, compared to CNY 2,771,059,972.57 in the same period last year [3]. - The total profit for the period was CNY 313,301,843.79, reflecting a 22.38% increase from CNY 256,005,472.96 [3]. - The net profit attributable to shareholders was CNY 272,171,038.88, up 26.18% from CNY 215,706,270.77 [3]. - The net cash flow from operating activities reached CNY 483,335,396.02, a significant increase of 3,369.18% compared to CNY 13,932,271.29 [3]. - The company's net assets at the end of the reporting period were CNY 3,352,188,497.91, a 2.52% increase from CNY 3,269,865,648.86 [3]. Industry and Business Situation - The company operates in the automotive manufacturing sector, specifically in the production of electric vehicle components, including onboard power supplies and electric drive systems [5][6]. - The domestic electric vehicle market saw a production and sales increase of 12.5% and 11.4% respectively in the first half of 2025, with electric vehicle sales reaching 696.8 million units, a growth of 41.4% [6]. - The company specializes in the research, production, and sales of electric vehicle power domain products, including onboard chargers and DC/DC converters [7][20]. - The company holds a 17.2% market share in the onboard charger market for passenger vehicles in China, ranking second [8]. Main Business Performance - The main business revenue for onboard power supplies was CNY 258,145.87 million, accounting for 88.95% of total revenue, while the electric drive system revenue was CNY 32,076.50 million, making up 11.05% [20]. - Domestic sales contributed CNY 275,936.07 million, a 17.88% increase, while overseas sales dropped by 46.60% to CNY 14,286.31 million [20]. Research and Development - The company invested in R&D focusing on product integration, high voltage, multifunctionality, and new material applications, with a significant emphasis on updating mainstream products like 6.6kW and 11kW [20]. - The company has accumulated 16 core technologies with independent intellectual property rights, supporting rapid development and production of diverse customer needs [19].

| 深圳威迈斯新能源（集团）股份有限公司 | 2025 | 年半年度报告摘要 | | | --- | --- | --- | --- | | 公司代码：688612 | 公司简称：威迈斯 | | | | 深圳威迈斯新能源（集团）股份有限公司 | | | | | 深圳威迈斯新能源（集团）股份有限公司 | | 2025 | 年半年度报告摘要 | | 第一节 | 重要提示 | | | | 规划，投资者应当到 www.sse.com.cn | 网站仔细阅读半年度报告全文。 | | | | 报告期内，不存在对公司生产经营产生实质性影响的特别重大风险。公司在经营过程中可能面临 | | | | | 的各种风险已在本报告中描述，敬请查阅本报告"第三节 | | | 管理层讨论与分析"之"四、风险因素"相 | | 关内容，请投资者予以关注。 | | | | | 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | 不适用 | | | | | □适用 √不适用 | | | | | 第二节 | 公司基本情况 | | | | 公司股票简况 | | | | | 公司股票简况 | | | | | ...

证券代码：688612 证券简称：威迈斯 公告编号：2025-060 深圳威迈斯新能源（集团）股份有限公司 本公司董事会及全体董事保证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： ?股东大会召开日期：2025年9月10日 ?本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票系统 一、召开会议的基本情况 （一）股东大会类型和届次 （二）股东大会召集人：董事会 （三）投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相 结合的方式 （四）现场会议召开的日期、时间和地点 召开日期时间：2025 年 9 月 10 日 15 点 00 分 召开地点：公司会议室（深圳市南山区北环路第五工业区风云科技大楼 501 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 10 日 至2025 年 9 月 10 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:3 ...

Group 1 - The company plans to repurchase shares using funds ranging from RMB 50 million to RMB 100 million, with a portion allocated for employee stock ownership plans or equity incentives, and to reduce registered capital [2] - The repurchase period is set for 12 months from the date of shareholder approval [2] - Based on the total share capital of 420,957,142 shares, the maximum repurchase amount of RMB 100 million at a price cap of RMB 35 per share would result in approximately 1.4286 million shares being repurchased, accounting for about 0.34% of the total share capital [2] Group 2 - As of July 31, 2025, the company has repurchased a total of 2,643,131 shares, representing 0.6279% of the total share capital, with the highest transaction price at RMB 30.39 per share and the lowest at RMB 21.67 per share [2] - The repurchased shares will be used to reduce registered capital in accordance with the Company Law and related regulations [3] - Creditors have the right to request debt repayment or guarantees within 30 days of receiving the notice, or within 45 days from the announcement date if no notice is received [3]

证券代码：688612 证券简称：威迈斯 公告编号：2025-055 深圳威迈斯新能源（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。 一、董事会会议召开情况 深圳威迈斯新能源（集团）股份有限公司（以下简称"公司"）第三届董事 会第七次会议，于 2025 年 8 月 15 日发出会议通知，并于 2025 年 8 月 25 日以现 场与通讯表决相结合的方式召开。本次会议应参与董事 7 名，实际参与董事 7 名。董事长万仁春先生主持本次会议，董事会会议的召集、召开及表决程序符合 国家有关法律、法规及《公司章程》的规定。 二、董事会会议审议情况 本次会议审议通过了如下议案： 公司按照《中华人民共和国公司法》、 《上海证券交易所科创板股票上市规则》 等相关法律及《公司章程》的相关规定，根据公司 2025 年上半年财务状况和经 营成果情况，编制了《2025 年半年度报告》全文及其摘要。 本议案已经董事会审计委员会审议通过。具体内容详见公司同日在上海证券 交易所网站（www.sse.com.cn）披露的公司《202 ...

Group 1 - The third meeting of the Supervisory Board of Shenzhen Weimais New Energy (Group) Co., Ltd. was held on August 25, 2025, with all three supervisors participating, confirming compliance with legal and regulatory requirements [1] - The Supervisory Board approved the company's 2025 semi-annual report, affirming that the report accurately reflects the financial status and operational results for the first half of 2025 without any false statements or omissions [1][2] - The Supervisory Board also approved the special report on the storage and actual use of raised funds for the first half of 2025, confirming compliance with relevant regulations and that there were no violations in the use of raised funds [2] Group 2 - The Supervisory Board approved a proposal to cancel the Supervisory Board, reduce registered capital, and amend the Articles of Association, which aims to enhance corporate governance and meet operational needs [3] - The proposal to cancel the Supervisory Board will be submitted for approval at the shareholders' meeting, and until then, the Supervisory Board will continue to fulfill its duties in accordance with legal requirements [3]

证券日报网讯 8月25日晚间，威迈斯发布公告称，公司第三届监事会第五次会议审议通过了《公司2025 年半年度报告全文及摘要》等多项议案。 （文章来源：证券日报） ...