Core Viewpoint - The semiconductor and chip sectors are experiencing significant activity, with multiple stocks reaching new highs, indicating a bullish trend in the market. Semiconductor Equipment Stocks - Changchuan Technology, Shengmei Shanghai, and Jingyi Equipment have seen stock price increases of over 10%, 10.44%, and 9.66% respectively, all reaching historical highs [1][2] - Northern Huachuang's stock price rose by 4.18%, also marking a new record [1][2] Memory Chip Sector - Tongfu Microelectronics hit the daily limit, while stocks such as Jiangbolong, Saiteng Co., Demingli, and Jiangfeng Electronics also experienced price increases [1][2] Hong Kong Semiconductor Stocks - In the Hong Kong market, Semiconductor Manufacturing International Corporation (SMIC) rose nearly 4%, achieving a new historical high, while Huahong Semiconductor increased by over 2% [3][4]

Group 1 - The A-share market shows strong performance in storage chip concept stocks, with Tongfu Microelectronics (002156) hitting the daily limit, and several other companies like Jingyi Equipment, Saiteng Co., Jiangbolong, and Jucheng Co. rising over 7% [1] - Notable stock performances include: - Tongfu Microelectronics (002156) up 10% to 37.72, with a market cap of 57.2 billion and a year-to-date increase of 27.87% - Jingyi Equipment (688652) up 7.93% to 94.00, with a market cap of 15.8 billion and a year-to-date increase of 91.80% - Saiteng Co. (603283) up 7.67% to 52.25, with a market cap of 14.6 billion and a year-to-date increase of 6.59% [2] - Other companies with significant gains include Jiangbolong (301308) up 7.55% to 155.20, Jucheng Co. (688123) up 7.11% to 128.53, and Yake Technology (002409) up 6.45% to 71.41 [1][2] Group 2 - The overall trend indicates a bullish sentiment in the storage chip sector, with multiple stocks experiencing substantial increases in both daily performance and year-to-date metrics [1][2] - The market capitalization of the highlighted companies varies significantly, with Jiangbolong leading at 65.1 billion, followed by Tongfu Microelectronics at 57.2 billion, and Jucheng Co. at 20.3 billion [2]

Group 1 - The storage chip sector showed significant activity at the beginning of trading on September 24, with notable stocks reaching new highs and experiencing substantial gains [1] - Jingyi Equipment hit a new high during the trading session, indicating strong market interest [1] - Tongfu Microelectronics reached the daily limit increase, reflecting positive investor sentiment [1] Group 2 - Other companies in the sector, such as Xingfu Electronics, Weida Nano, Saiteng Co., Jiangfeng Electronics, and Juchen Co., also experienced upward movement in their stock prices [1]

Core Insights - The A-share market has shown strong performance in storage chip concept stocks, with several companies experiencing significant gains [1] Company Performance - Tongfu Microelectronics (通富微电) saw a limit-up increase of 10.00%, with a latest price of 37.72 and a total market capitalization of 57.2 billion, marking a year-to-date increase of 27.87% [2] - Jingyi Equipment (京仪装备) increased by 7.93% to a price of 94.00, with a market cap of 15.8 billion and a year-to-date increase of 91.80% [2] - Saiteng Co., Ltd. (赛腾股份) rose by 7.67% to 52.25, with a market cap of 14.6 billion and a year-to-date increase of 6.59% [2] - Jiangbolong (江波龙) increased by 7.55% to 155.20, with a market cap of 65.1 billion and a year-to-date increase of 80.47% [2] - Jucheng Technology (聚辰股份) saw a rise of 7.11% to 128.53, with a market cap of 20.3 billion and a year-to-date increase of 120.56% [2] - Yake Technology (雅克科技) increased by 6.45% to 71.41, with a market cap of 34.0 billion and a year-to-date increase of 23.82% [2] - Chengbang Co., Ltd. (诚邦股份) rose by 6.32% to 13.45, with a market cap of 355.4 million and a year-to-date increase of 186.17% [2] - Demingli (德明利) increased by 5.12% to 179.36, with a market cap of 40.7 billion and a year-to-date increase of 188.66% [2] - Changdian Technology (长电科技) rose by 4.41% to 40.93, with a market cap of 73.2 billion and a year-to-date increase of 0.55% [2] - Huahai Qingke (华海清科) increased by 4.03% to 142.49, with a market cap of 50.4 billion and a year-to-date increase of 30.60% [2]

Core Insights - 京仪装备's stock increased by 5.06% to 91.50 CNY per share, with a trading volume of 135 million CNY and a turnover rate of 1.24%, resulting in a total market capitalization of 15.372 billion CNY [1] Company Overview - 京仪装备, established on June 30, 2016, and listed on November 29, 2023, is located in Beijing Economic and Technological Development Zone [1] - The company specializes in the research, production, and sales of semiconductor equipment, with main products including semiconductor temperature control equipment (Chiller), process waste gas treatment equipment (Local Scrubber), and wafer sorting equipment (Sorter) [1] - Revenue composition: semiconductor temperature control equipment accounts for 61.33%, process waste gas treatment equipment 29.84%, spare parts and support equipment 4.10%, wafer sorting equipment 2.72%, maintenance services 1.96%, and scrap income 0.04% [1] Shareholder Insights - 东方基金's fund, 东方人工智能主题混合A (005844), is among the top ten circulating shareholders of 京仪装备, having increased its holdings by 467,400 shares to a total of 1.952 million shares, representing 1.91% of circulating shares [2] - The fund has achieved a year-to-date return of 39.36% and a one-year return of 102.88% [2] Fund Performance - The fund manager of 东方人工智能主题混合A is 严凯, with a total asset scale of 4.421 billion CNY and a best return of 48.5% during his tenure [3] - Another fund, 东方专精特新混合发起式A (015765), has reduced its holdings in 京仪装备 by 7,000 shares, holding 15,400 shares, which constitutes 5.08% of the fund's net value [4] - The fund manager of 东方专精特新混合发起式A is 陈皓, with a total asset scale of 91.8407 million CNY and a best return of 33.42% during his tenure [5]

Investment Rating - The report maintains an "Accumulate" rating for the company [4] Core Views - The company has demonstrated steady revenue growth in H1 2025, driven by strong demand in the semiconductor equipment market and its competitive product advantages [2][3] - The company is the only domestic manufacturer capable of large-scale application of semiconductor-specific temperature control and process waste gas treatment equipment, achieving a leading position in technology [3] - The company is expected to benefit from the expansion of downstream semiconductor manufacturing capacity and the acceleration of domestic substitution trends, indicating significant future growth potential [8][9] Financial Performance - In H1 2025, the company achieved revenue of 735 million yuan, a year-on-year increase of 45.38%, and a net profit attributable to shareholders of 90 million yuan, up 12.84% year-on-year [1] - The overall gross margin for H1 2025 was 33.46%, an increase of 3.04 percentage points year-on-year, while the net profit margin was 12.25%, a decrease of 3.53 percentage points year-on-year [2] - The company forecasts revenues of 1,500 million yuan in 2025, with a net profit of 257 million yuan, corresponding to an EPS of 1.53 yuan [9] Market Position and Product Advantages - The company's products are widely used in various stages of integrated circuit manufacturing, with clients including major domestic manufacturers such as Yangtze Memory Technologies and SMIC [2][8] - The company has achieved comprehensive technological breakthroughs in core semiconductor equipment, positioning itself at a leading level domestically and advanced internationally [3] Future Growth Drivers - The semiconductor equipment market is expected to grow significantly due to increased capital expenditures in semiconductor manufacturing, with the company poised to capture market share as domestic production lines expand [8][9] - The report anticipates that the company will achieve net profits of 371 million yuan and 516 million yuan in 2026 and 2027, respectively, with corresponding EPS of 2.21 yuan and 3.07 yuan [9]

Core Viewpoint - 京仪装备's stock price increased by 5.86% to 84.36 CNY per share, with a market capitalization of 14.172 billion CNY as of September 19 [1] Company Overview - Beijing Jingyi Automation Equipment Technology Co., Ltd. was established on June 30, 2016, and listed on November 29, 2023 [1] - The company specializes in the research, production, and sales of semiconductor equipment, with main products including semiconductor temperature control equipment (Chiller), process exhaust treatment equipment (Local Scrubber), and wafer sorting equipment (Sorter) [1] - Revenue composition: - Semiconductor temperature control equipment: 61.33% - Process exhaust treatment equipment: 29.84% - Spare parts and support equipment: 4.10% - Wafer sorting equipment: 2.72% - Maintenance and repair services: 1.96% - Scrap revenue: 0.04% [1] Shareholder Insights - 东方基金's fund, 东方人工智能主题混合A (005844), increased its holdings in 京仪装备 by 467,400 shares, totaling 1.952 million shares, representing 1.91% of the circulating shares [2] - The fund has achieved a year-to-date return of 33.73% and a one-year return of 86.5% [2] Fund Performance - The fund manager of 东方人工智能主题混合A is 严凯, with a total asset size of 4.421 billion CNY [3] - The best return during his tenure is 43.16%, while the worst return is -15.44% [3] Top Holdings - 东方基金's fund, 东方专精特新混合发起式A (015765), reduced its holdings in 京仪装备 by 7,000 shares, holding 15,400 shares, which is 5.08% of the fund's net value [4] - The fund has achieved a year-to-date return of 34.51% and a one-year return of 89.07% [4] Fund Manager Insights - The fund manager of 东方专精特新混合发起式A is 陈皓, with a total asset size of 91.8407 million CNY [5] - The best return during his tenure is 30.11%, while the worst return is -39.86% [5]

（文章来源：证券日报） 证券日报网讯 9月18日晚间，京仪装备发布公告称，公司于2025年9月18日召开职工代表大会，选举于 浩先生为公司第二届董事会职工代表董事。 ...

证券代码：688652 证券简称：京仪装备 公告编号：2025-031 北京京仪自动化装备技术股份有限公司 2025年第二次临时股东大会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 9 月 18 日 （二） 股东大会召开的地点：北京市经济技术开发区凉水河二街 8 号院 14 号楼 A 座大会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 168 | | --- | --- | | 普通股股东人数 | 168 | | 2、出席会议的股东所持有的表决权数量 | 83,282,695 | | 普通股股东所持有表决权数量 | 83,282,695 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 49.5730 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） ...

北京市天元律师事务所 关于北京京仪自动化装备技术股份有限公司 2025 年第二次临时股东大会的法律意见 京天股字（2025）第 604 号 致：北京京仪自动化装备技术股份有限公司 北京京仪自动化装备技术股份有限公司（以下简称"公司"）2025 年第二次临 时股东大会（以下简称"本次股东大会"）采取现场投票与网络投票相结合的方式， 现场会议于 2025 年 9 月 18 日在北京市经济技术开发区凉水河二街 8 号院 14 号楼 A 座大会议室召开。北京市天元律师事务所（以下简称"本所"）接受公司聘任，指 派本所律师参加本次股东大会现场会议，根据《中华人民共和国公司法》、《中华 人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则（2025 年 修订）》（以下简称"《股东会规则》"）以及《北京京仪自动化装备技术股份有限 公司章程》（以下简称"《公司章程》"）等有关规定，就本次股东大会的召集、召 开程序、出席现场会议人员的资格、召集人资格、会议表决程序及表决结果等事项 出具本法律意见。 为出具本法律意见，本所律师审查了《北京京仪自动化装备技术股份有限公司 第二届董事会第八次会议决议》、《北京京仪自动化 ...