Core Viewpoint - Chengdu Huami (688709) announced on September 3 that its 4-channel 12-bit 40G high-precision RF direct sampling ADC chip products have only been sampled to select customers and have received intention orders, but have not yet achieved large-scale sales, indicating uncertainty in market demand and risks of customer validation failure [1] Group 1 - The company has issued a notice regarding abnormal stock trading fluctuations [1] - The new products have not yet been commercially scaled, leading to uncertainty in their impact on current and future operating performance [1] - The company is unable to predict the effect of the new products on its financial results [1]

Core Viewpoint - Chengdu Huamei (688709.SH) announced that its stock price has deviated significantly, with a cumulative increase of over 30% in the last three trading days, indicating abnormal trading fluctuations [1] Group 1: Stock Performance - The company's stock price has shown a significant increase, with a cumulative rise exceeding 30% over three consecutive trading days, which is classified as an abnormal trading fluctuation [1] Group 2: Product Announcement - On September 2, 2025, the company disclosed information regarding a new product, a 4-channel 12-bit 40G high-speed high-precision RF direct sampling ADC chip, which has only been sampled to select customers and has received some intention orders [1] - The company has not yet achieved large-scale sales of the new product, indicating uncertainty in market demand and potential risks such as customer validation failures [1] Group 3: Future Outlook - The company is currently unable to predict the impact of the new product on its current and future operating performance [1]

公告称，公司于2025年9月2日披露的《成都华微电子科技股份有限公司关于自愿披露发布4通道12位 40G高速高精度射频直采ADC芯片的公告》中相关产品仅向部分客户进行送样并已有意向订单，尚未实 现规模化销售，存在市场需求不确定性、客户验证失败等风险。公司尚无法预测新产品对公司当前及未 来经营业绩的影响。 智通财经APP讯，成都华微(688709.SH)公告，公司股票连续三个交易日收盘价格涨幅偏离值累计超过 30%，属于股票交易异常波动情况。 ...

Market Performance - The Sci-Tech Innovation Board (STAR Market) index fell by 1.64%, closing at 1306.48 points, with a total trading volume of 5.041 billion shares and a turnover of 235.696 billion yuan, resulting in an average turnover rate of 2.70% [1] - Among the tradable stocks on the STAR Market, 146 stocks closed higher, with 9 stocks rising over 10% and 14 stocks rising between 5% and 10%. Conversely, 440 stocks closed lower, with 6 stocks declining over 10% [1] Stock Turnover Rates - The distribution of turnover rates shows that 27 stocks had turnover rates between 10% and 20%, 95 stocks between 5% and 10%, 137 stocks between 3% and 5%, 277 stocks between 1% and 3%, and 53 stocks had turnover rates below 1% [1] - The stock with the highest turnover rate was Ying Shi Innovation, which closed down by 2.26% with a turnover rate of 18.84% and a transaction amount of 2.047 billion yuan. Following it was Sainuo Medical, which closed up by 12.67% with a turnover rate of 18.03% and a transaction amount of 2.570 billion yuan [1] Sector Analysis - Among stocks with a turnover rate exceeding 5%, the electronics sector had the most stocks, with 45 stocks listed. The power equipment and computer sectors followed with 15 and 14 stocks, respectively [2] - In terms of capital flow, 47 stocks with high turnover rates saw net inflows from main funds, with the highest net inflows recorded for Yuanjie Technology, Sainuo Medical, and Artis, amounting to 292 million yuan, 205 million yuan, and 148 million yuan, respectively [2] Leverage Fund Movements - A total of 77 stocks with high turnover rates recently received net purchases from leveraged funds. Notably, Baiji Shenzhou, Huahong Company, and Shangwei New Materials saw significant increases in financing balances of 673 million yuan, 451 million yuan, and 322 million yuan, respectively [2]

从资金流向上来看，当日半导体板块主力资金净流出60.14亿元，游资资金净流入4.31亿元，散户资金净 流入55.83亿元。半导体板块个股资金流向见下表： 证券之星消息，9月3日半导体板块较上一交易日下跌1.67%，有研新材领跌。当日上证指数报收于 3813.56，下跌1.16%。深证成指报收于12472.0，下跌0.65%。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) | | | --- | --- | --- | --- | --- | --- | --- | | 688709 | 成都华微 | 56.90 | 14.97% | 38.02万 | | 20.77亿 | | 688498 | 源杰科技 | 397.80 | 13.01% | 7.19万 | | 27.86亿 | | 688261 | 东微半导 | 92.18 | 12.28% | 9.44万 | | 2618 | | 688141 | 本华特 | 42.46 | 5.60% | 1 29.92万 | | 12.88 亿 | | 603690 | 至纯科技 | 29.32 | 5.0 ...

成都华微涨10.02%，报54.45元/股，股价再创新高，总市值突破346.76亿元，成交额达8.25亿元。（第 一财经AI快讯） ...

Market Overview - The semiconductor industry chain has rebounded significantly, with stocks like Chengdu Huamei hitting a 20% limit up and Zhichun Technology (603690) also reaching a limit up [3] - The A-share market showed mixed results, with the ChiNext Index rising over 1.8%, while the Shanghai Composite Index fell by 0.96% and the Shenzhen Component Index dropped by 0.63% [1] Semiconductor Sector - According to the World Semiconductor Trade Statistics (WSTS), the global semiconductor market is projected to reach $346 billion in the first half of 2025, representing a year-on-year growth of 18.9% [5] - WSTS has also raised its forecast for the entire semiconductor market in 2025 to $728 billion, indicating a year-on-year growth of 15.4% [5] Energy Storage and Lithium Battery Sector - Yiwei Lithium Energy (300014) saw its stock price rise over 14% after the unveiling of its solid-state battery production base in Chengdu, which is expected to produce nearly 500,000 battery cells annually once fully operational [6] - The "Longquan No. 2" solid-state battery, with an energy density of 300Wh/kg, is aimed at high-end applications such as humanoid robots and low-altitude aircraft [6] - The energy storage and lithium battery sectors have shown strong performance, with stocks like Haibo Technology rising over 13% and other companies like Shangneng Electric (300827) and Sunshine Power (300274) also experiencing gains [6][7] Competitive Landscape - Zhongyuan Securities (601375) noted that policies are being implemented to address "involution" competition in the industry, which is expected to enhance the global competitiveness of China's new energy vehicle and lithium battery sectors [8] Company Performance - Major companies in the semiconductor sector, such as Zhichun Technology, Jingzhida, and Xiangfeng Technology, have shown significant stock price increases, with Zhichun Technology rising by 9.99% and Jingzhida by 5.38% [4] - In the energy storage sector, Yiwei Lithium Energy's market capitalization reached approximately 129.74 billion yuan after its stock price rose to 63.42 yuan per share [6][7] Market Adjustments - Cambrian Technology experienced a drop of over 7% due to adjustments in the weight of its stock in the STAR 50 Index, which will decrease from approximately 15% to 10% [9]

截至2025年9月3日 11:23，上证科创板芯片指数下跌1.07%。成分股方面涨跌互现，成都华微20cm涨停，源杰科技上涨10.48%，东芯股份上涨9.03%；寒武纪 领跌，海光信息、澜起科技跟跌。科创芯片ETF(588200)下修调整。 有业内人士分析道，科创芯片板块或受益于三大因素：一方面，龙头股一季度净利润同比激增42倍首次实现单季盈利；另一方面，海外芯片巨头安全事件推 动国产化加速，国内云厂商转向自主芯片。 | 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 688041 | 海光信息 | -3.48% | 10.15% | | 688256 | 寒武纪 | -6.35% | 9.59% | | 688008 | 澜起科技 | -2.68% | 8.01% | | 688012 | 中微公司 | 0.31% | 6.80% | | 688126 | 沪硅产业 | 0.32% | 2.63% | | 688608 | 恒玄科技 | -0.49% | 2.50% | | 688213 | 思特威 | -1.25% | 2.46% | | 6881 ...

Core Viewpoint - The semiconductor stocks in the A-share market have shown strong performance, with several companies experiencing significant price increases and notable year-to-date gains [1][2]. Group 1: Stock Performance - Chengdu Huami (688709) reached a 20% increase, with a total market capitalization of 37.8 billion and a year-to-date gain of 92.45% [2]. - Source Technology (688498) saw a rise of 16.48%, with a market cap of 35.2 billion and a year-to-date increase of 205.89% [2]. - Dongxin Co. (688110) increased by 13.54%, with a market value of 59.3 billion and a year-to-date gain of 438.07% [2]. - Zhichun Technology (603690) rose by 9.99%, with a market cap of 11.8 billion and a year-to-date increase of 22.55% [2]. - Changguang Huaxin (688048) experienced an 8.18% increase, with a market cap of 14.5 billion and a year-to-date gain of 111.62% [2]. - Other notable performers include Minxin Co. (688286) with a 6.46% increase, Tianyue Advanced (688234) with a 6% rise, and Tongfu Microelectronics (002156) with a 5.92% increase [1][2]. Group 2: Market Capitalization and Year-to-Date Gains - The total market capitalization of the top semiconductor stocks reflects strong investor interest, with Chengdu Huami leading at 37.8 billion and Source Technology at 35.2 billion [2]. - Year-to-date performance highlights significant growth, particularly for Dongxin Co. with a staggering 438.07% increase, indicating robust market dynamics in the semiconductor sector [2].

Group 1 - The semiconductor stocks in the A-share market have shown strong performance, with several companies hitting their daily price limits or experiencing significant gains [1] - Notable performers include Chengdu Huami, which reached a 20% increase, and Yuanjie Technology, which rose over 16% [1][2] - Other companies such as Dongxin Co., Zhichun Technology, and Jietek also experienced substantial gains, contributing to a positive trend in the semiconductor sector [1][2] Group 2 - Chengdu Huami has a total market capitalization of 37.8 billion, with a year-to-date increase of 92.45% [2] - Yuanjie Technology's market cap stands at 35.2 billion, with an impressive year-to-date increase of 205.89% [2] - Dongxin Co. has a market value of 59.3 billion and a remarkable year-to-date increase of 438.07% [2]