Core Insights - The foreign public funds have achieved significant excess returns due to proactive industry positioning and stable investment strategies, with some funds reporting returns exceeding 50% year-to-date [1][2] Group 1: Fund Performance - BlackRock Advanced Manufacturing Fund has a year-to-date return of 66.44%, with a heavy concentration in the manufacturing sector, accounting for 92.52% of its stock investments [2] - The top ten holdings of the BlackRock fund include companies like CATL and Hikvision, with notable stock price increases such as 176.76% for Zhongji Xuchuang [2] - The Robeco Resource Select Fund has achieved a year-to-date return of 79.00%, diversifying its investments across materials, mining, and energy sectors [2] Group 2: Market Outlook - Fund managers maintain a positive outlook for the fourth quarter, expecting low interest rates and ample liquidity to support the A-share market's medium to long-term performance [1][3] - Concerns about geopolitical factors and overseas policy rhythms may cause short-term disruptions, but the overall sentiment remains optimistic for quality technology and resource assets [3][5] - The managers of the BlackRock fund believe that the current low-growth macro environment will anchor a low-interest-rate scenario, pushing investors towards riskier assets with positive cash flows [4] Group 3: Strategic Adjustments - The funds have maintained relatively high positions while making flexible adjustments based on market changes, focusing on sectors like electronics and power equipment [3] - The Allianz China Select Fund has a year-to-date return of 54.48%, with significant holdings in manufacturing and healthcare, reflecting confidence in China's technological innovation [3] - The Robeco fund has strategically included upstream industries related to the current technology innovation cycle, aiming for future gains [5][6]

Group 1 - The 2024 New Quality Enterprise Golden Bull Award was awarded to Chipone Microelectronics for its outstanding technological innovation and market leadership in the domestic photolithography equipment sector [1][2] - The Golden Bull Award, established in 1999, aims to create a credible platform for showcasing listed companies in China's capital market, recognizing those with excellent governance, performance growth, and shareholder returns [1] - Chipone Microelectronics is recognized as a national-level "specialized, refined, and innovative" small giant enterprise, focusing on the research and industrial application of micro-nano photolithography technology [2] Group 2 - The company has successfully developed direct-write photolithography equipment that breaks through foreign technology barriers, expanding its applications from PCB to high-end scenarios such as IC substrates and advanced packaging [2] - In 2024, the company plans to enhance its technology and market expansion, optimizing wafer-level packaging processes and upgrading equipment to meet high-end manufacturing demands [2] - Chipone Microelectronics is accelerating its global layout, with its Thailand subsidiary participating in the Southeast Asian PCB industry transfer and deepening strategic cooperation with international clients [2] Group 3 - The award reflects the capital market's high recognition of Chipone Microelectronics' innovation capabilities and development potential [3] - The company aims to deepen its technology layout in the semiconductor field, seizing opportunities from AI computing power and domestic production [3] - Through technological innovation and global operations, the company seeks to build a more resilient industrial ecosystem, contributing new momentum to the high-quality development of China's semiconductor equipment industry [3]

Group 1 - The China Securities Regulatory Commission (CSRC) has requested Chipmore Microelectronics (688630.SH) to provide additional information regarding its major shareholder, Asia Song Investment, and the specific use of raised funds [1] - Chipmore Microelectronics submitted its listing application to the Hong Kong Stock Exchange on August 31, 2025, with China International Capital Corporation (CICC) as its sole sponsor [1] - The CSRC has outlined specific areas for Chipmore Microelectronics to clarify, including the basic situation of its major shareholder, the company's business scope in relation to foreign investment restrictions, and detailed plans for the use of raised funds [1] Group 2 - Chipmore Microelectronics is a global leader in the direct-write lithography industry, providing core equipment for the advanced information technology sector in the AI era [1] - The company has a comprehensive R&D technical system that includes components such as light sources, exposure engines, precision worktables, alignment and focusing systems, data links, and modular system integration design [2] - The product portfolio primarily consists of PCB direct imaging equipment and automatic line systems, as well as semiconductor direct-write lithography equipment and automatic line systems [2]

Group 1 - The China Securities Regulatory Commission (CSRC) has requested Chipone Microelectronics (688630.SH) to provide additional information regarding its major shareholder, Aige Venture Capital, and the specific use of raised funds [1] - Chipone Microelectronics submitted its listing application to the Hong Kong Stock Exchange on August 31, 2025, with CICC as its sole sponsor [1] - The CSRC's inquiries include the basic situation of Aige Venture Capital, the company's business scope, and whether the raised funds will require overseas investment approvals [1] Group 2 - Chipone Microelectronics is a global leader in the direct-write lithography industry, providing core equipment for advanced information technology in the AI era [1] - The company has a complete R&D technology system that includes light sources, exposure engines, precision worktables, alignment and focusing, data links, and modular system integration design [2] - The product portfolio primarily consists of PCB direct imaging equipment and automatic line systems, as well as semiconductor direct-write lithography equipment and automatic line systems [2]

Group 1 - The China Securities Regulatory Commission (CSRC) has requested Chipmore Microelectronics (688630.SH) to provide additional information regarding its major shareholder, Aige Venture Capital, and the specific use of raised funds [1] - Chipmore Microelectronics submitted its listing application to the Hong Kong Stock Exchange on August 31, 2025, with China International Capital Corporation (CICC) as its sole sponsor [1] - The CSRC has outlined specific requirements for Chipmore Microelectronics, including verification of the major shareholder's background, clarification on business operations in relation to foreign investment restrictions, and detailed explanations of the intended use of raised funds [1] Group 2 - Chipmore Microelectronics is a global leader in the direct-write lithography industry, providing core equipment for advanced information technology in the AI era [1] - The company has a comprehensive R&D technical system that includes light sources, exposure engines, precision workstations, alignment and focusing, data links, and modular system integration design [2] - The product portfolio primarily consists of PCB direct imaging equipment and automatic line systems, as well as semiconductor direct-write lithography equipment and automatic line systems [2]

Core Viewpoint - Chip Qu Micro Equipment is a leading domestic manufacturer of micro-nano direct writing lithography equipment, focusing on high-precision direct imaging devices and direct writing lithography systems [1] Group 1: Company Overview - Chip Qu Micro Equipment was established on June 30, 2015, and was listed on the Shanghai Stock Exchange on April 1, 2021, with its registered and office address in Anhui Province and Hong Kong [1] - The company operates in the specialized equipment sector, specifically in micro-nano direct writing lithography technology, covering various fields including PCB, OLED, and nuclear power [1] Group 2: Financial Performance - For Q3 2025, Chip Qu Micro Equipment reported revenue of 934 million yuan, ranking 30th out of 89 in the industry, with the industry leader, Keda Manufacturing, generating 12.605 billion yuan [2] - The company's net profit for the same period was 199 million yuan, ranking 13th in the industry, with Keda Manufacturing leading at 1.832 billion yuan [2] Group 3: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 27.82%, an increase from 23.77% year-on-year, which is significantly lower than the industry average of 42.80%, indicating strong solvency [3] - The gross profit margin for the same period was 42.09%, up from 40.99% year-on-year, which is higher than the industry average of 28.52%, reflecting strong profitability [3] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 105.75% to 20,600, while the average number of circulating A-shares held per shareholder decreased by 51.40% to 6,406.69 [5] Group 5: Future Outlook - Shanghai Securities noted that Chip Qu Micro Equipment is a leader in domestic direct writing lithography equipment, with PCB contributing the majority of revenue. The company is expected to achieve a revenue of 954 million yuan in 2024, a year-on-year increase of 15% [6] - The company is projected to achieve net profits of 314 million yuan, 503 million yuan, and 637 million yuan from 2025 to 2027, respectively [6]

Core Viewpoint - The company, Hefei Chip Microelectronics Equipment Co., Ltd., is preparing for its third-quarter performance briefing scheduled for November 13, 2025, to discuss its operational results and financial status for the first three quarters of 2025 [8][10]. Financial Data - The financial statements for the third quarter of 2025 have not been audited [3][5]. - The report indicates that there were no significant changes in the net profit from merged entities, with both the current and previous periods showing a net profit of 0 yuan [5][6]. Shareholder Information - The company confirms that there are no changes in the major shareholders or their holdings compared to the previous period [4]. Investor Engagement - Investors can submit questions for the performance briefing until November 12, 2025, and the company will address common concerns during the session [8][12]. - The briefing will be conducted in an interactive online format, allowing real-time engagement with investors [9][10]. Meeting Details - The performance briefing is set for November 13, 2025, from 13:00 to 14:00, hosted on the Shanghai Stock Exchange Roadshow Center [11]. - Key personnel attending include the Chairman, General Manager, and Financial Director [10].

Core Viewpoint - The company reported significant revenue growth in the first three quarters of 2025, driven by an expansion in sales and strategic focus on high-end products and overseas markets [1] Financial Performance - For the first nine months of 2025, the company achieved operating revenue of 934 million yuan, a year-on-year increase of 30.03% [1] - In Q3 2025, the operating revenue was 279 million yuan, reflecting a year-on-year growth of 3.98% [1] - The net profit attributable to shareholders for Q3 was 56.78 million yuan, up 4.41% year-on-year [1] - The company's net cash flow from operating activities was -35.72 million yuan, showing improvement compared to the same period last year due to increased sales collections [1] Research and Development - The company increased its R&D investment, with total R&D expenses reaching 88.36 million yuan in the first three quarters, marking an 18.20% year-on-year growth [1] Market Position and Future Plans - The company submitted an application for H-share listing on the Hong Kong Stock Exchange on August 31, 2025, which has been accepted by the China Securities Regulatory Commission [1] - Established in 2015 and listed on the Sci-Tech Innovation Board in April 2021, the company currently has a market capitalization exceeding 18 billion yuan [1] - As a global leader in the direct-write lithography industry, the company's equipment is widely used in mask manufacturing, PCB, MEMS, and IC packaging [1]

Group 1 - The core point of the article is that Chipone Microelectronics (SH 688630) announced its third board meeting for 2025, where it reviewed the proposal for the Q3 2025 report [1] - For the year 2024, the revenue composition of Chipone Microelectronics is 99.35% from the specialized equipment manufacturing industry and 0.65% from other businesses [1] - As of the report, Chipone Microelectronics has a market capitalization of 18.8 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after ten years of stagnation, with technology leading the market's transformation [1] - A new "slow bull" market pattern is emerging, indicating a shift in market dynamics [1]

会计师事务所选聘制度 （H 股发行并上市后适用） 合肥芯碁微电子装备股份有限公司 二〇二五年十月 合肥芯碁微电子装备股份有限公司 会计师事务所选聘制度 第一章 总 则 第一条 为进一步规范合肥芯碁微电子装备股份有限公司（以下简称"公 司"）选聘（含续聘、改聘，下同）会计师事务所的行为，切实维护股东利益，提 高审计工作质量，依据《中华人民共和国公司法》《中华人民共和国证券法》《国 有企业、上市公司选聘会计师事务所管理办法》《上海证券交易所科创板股票上 市规则》《香港联合交易所有限公司证券上市规则》等法律法规、规范性文件和 《合肥芯碁微电子装备股份有限公司章程》（以下简称"《公司章程》"）等有关 规定，结合公司实际情况，制定本制度。 第二条 本制度所称选聘会计师事务所，是指公司根据相关法律法规要求， 聘任会计师事务所对财务会计报告发表审计意见、出具审计报告及进行内部控制 审计业务的行为。选聘其他专项审计业务的会计师事务所，公司管理层视重要性 程度可参照本制度执行。 第三条 公司选聘会计师事务所应当经董事会审计委员会（以下简称"审 计委员会"）审议同意后，提交董事会和股东会审议。 第四条 公司控股股东、实际控制人不 ...