Core Viewpoint - Aisen Co., Ltd. announced a share buyback plan, indicating confidence in its stock value and commitment to returning capital to shareholders [2] Group 1: Share Buyback Details - As of July 31, 2025, the company has repurchased approximately 1.15 million shares, which represents about 1.31% of its total share capital of approximately 88.13 million shares [2] - The highest price paid for the repurchased shares was 45.5 yuan per share, while the lowest price was 36.74 yuan per share [2] - The total amount spent on the share buyback was approximately 50.21 million yuan [2]

格隆汇8月4日丨艾森股份(688720.SH)公布，截至2025年7月31日，公司通过上海证券交易所交易系统以 集中竞价交易方式累计回购公司股份1,152,959股，占公司总股本88,133,334股的1.31%，回购成交的最 高价为45.50元/股，最低价为36.74元/股，支付的资金总额为人民币50,205,055.88元（不含印花税、交易 佣金等交易费用）。 ...

Group 1 - The company, Aisen Co., Ltd. (688720.SH), has indicated on its interactive platform that its products are applicable in CoWoP advanced packaging, with specific requirements depending on the corresponding technical route [1]

资金流向方面，今日主力资金净流出1703.21万元，占比成交额12.37%。其中，超大单净流出1000.55万 元、占成交额7.27%，大单净流出702.66万元、占成交额5.1%，中单净流出流入270.80万元、占成交额 1.97%，小单净流入1432.41万元、占成交额10.4%。 通过天眼查大数据分析，江苏艾森半导体材料股份有限公司共对外投资了9家企业，参与招投标项目26 次，知识产权方面有商标信息4条，专利信息104条，此外企业还拥有行政许可22个。 来源：金融界 艾森股份最新一期业绩显示，截至2025一季报，公司营业总收入1.26亿元、同比增长54.13%，归属净利 润756.37万元，同比增长0.71%，扣非净利润663.63万元，同比增长84.39%，流动比率2.372、速动比率 2.111、资产负债率20.35%。 天眼查商业履历信息显示，江苏艾森半导体材料股份有限公司，成立于2010年，位于苏州市，是一家以 从事批发业为主的企业。企业注册资本8813.3334万人民币，实缴资本8813.3334万人民币。公司法定代 表人为张兵。 金融界消息 截至2025年7月30日收盘，艾森股份（68872 ...

天眼查商业履历信息显示，江苏艾森半导体材料股份有限公司，成立于2010年，位于苏州市，是一家以 从事批发业为主的企业。企业注册资本8813.3334万人民币，实缴资本8813.3334万人民币。公司法定代 表人为张兵。 通过天眼查大数据分析，江苏艾森半导体材料股份有限公司共对外投资了9家企业，参与招投标项目26 次，知识产权方面有商标信息4条，专利信息104条，此外企业还拥有行政许可22个。 来源：金融界 金融界消息 截至2025年7月29日收盘，艾森股份（688720）报收于44.8元，上涨0.52%，换手率6.19%， 成交量3.42万手，成交金额1.53亿元。 资金流向方面，今日主力资金净流出1226.41万元，占比成交额8.0%。其中，超大单净流出803.95万 元、占成交额5.24%，大单净流出422.46万元、占成交额2.75%，中单净流出流出345.55万元、占成交额 2.25%，小单净流入1571.96万元、占成交额10.25%。 艾森股份最新一期业绩显示，截至2025一季报，公司营业总收入1.26亿元、同比增长54.13%，归属净利 润756.37万元，同比增长0.71%，扣非净利润663. ...

Core Insights - The semiconductor electroplating copper industry is experiencing rapid growth driven by strong demand from emerging technologies such as AI, 5G, and HPC, with the market expected to reach 5.2 billion yuan in 2024 and exceed 9.7 billion yuan by 2028, reflecting a compound annual growth rate (CAGR) of 16.8% [1][12][10] - Domestic companies have made significant breakthroughs in key technologies, accelerating the process of domestic substitution, with notable advancements in electroplating solutions and equipment [1][16][18] - The industry is focusing on three main directions: technological autonomy, green manufacturing, and collaborative innovation across the industrial chain [1][20] Industry Overview - Semiconductor electroplating copper involves the electrochemical deposition of copper layers on semiconductor wafers, replacing traditional aluminum interconnects due to its high conductivity and low resistance [2][4] - The market structure shows that electroplating solutions dominate with a 65% share, with advanced packaging and wafer manufacturing being the primary growth engines [1][14] Market Dynamics - The advanced packaging sector is rapidly growing, with the market size increasing from 35.13 billion yuan in 2020 to an expected 110 billion yuan by 2025, driven by AI and HPC demands [10][12] - The industry is characterized by a dual structure where foreign companies dominate the high-end market while domestic firms focus on differentiated breakthroughs [18][20] Technological Developments - Significant technological advancements include the development of a "deposition rate reversal" patent by Nantong Saike, which achieves void-free filling in TSV applications, and the introduction of the first domestic 12-inch TSV electroplating equipment by Northern Huachuang [16][18] - The industry is also seeing a shift towards green manufacturing processes, with a focus on cyanide-free technologies and intelligent control systems to enhance production efficiency and product quality [22][21] Competitive Landscape - The competitive landscape is marked by international giants controlling over 75% of the high-end electroplating liquid and additive market, particularly in the sub-5nm advanced process area [18][20] - Domestic companies like Aisen and Shanghai Xinyang are making strides in the advanced packaging electroplating copper base liquid and achieving certifications for 28nm Damascus electroplating solutions [18][19] Future Trends - The industry is expected to continue its trajectory of high-end technology breakthroughs and domestic substitution, with a focus on green upgrades and application innovations [20][21] - The market for TSV electroplating solutions is projected to reach 5 billion yuan by 2028, with a CAGR of 18.92%, indicating strong growth potential [23][10]

Group 1 - The core viewpoint of the news is that companies are actively engaging in share buyback and employee stock ownership plans to enhance investor confidence and align management interests with shareholders [1][2]. - Shenzhen Overseas Chinese Town Holdings Company plans to increase its stake in Huaqiang City A by investing between 111 million and 220 million RMB within six months, currently holding 48.78% of the total shares [1]. - Chengyi Pharmaceutical announced an employee stock ownership plan for 2025, targeting to raise up to 48.2864 million RMB, with a share price set at 5.02 RMB per share, covering up to 228 employees [1][2]. Group 2 - The employee stock ownership plan has performance targets for revenue and net profit from 2025 to 2027, with growth rates set at 30%, 55%, and 85% for revenue, and 35%, 65%, and 100% for net profit [2]. - Several companies have announced plans for share reductions by executives and major shareholders, including Jinzheng Co., which plans to reduce up to 28.8 million shares, equivalent to approximately 568 million RMB [3][4][5]. - The reduction plans are set to commence from July 15, indicating a trend of liquidity events in the market as companies adjust their shareholder structures [7][8].

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、准确性和完整性承担法律责任。 证券代码：688720 证券简称：艾森股份 公告编号：2025-039 江苏艾森半导体材料股份有限公司 关于以集中竞价交易方式回购股份的进展公告 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关规定，在回购期限内根据市场情况择机做出 回购决策并予以实施，同时根据回购股份事项进展情况及时履行信息披露义务， 敬请广大投资者注意投资风险。 重要内容提示： | 回购方案首次披露日 | 2024/11/20 | | --- | --- | | 回购方案实施期限 | 2024/11/19~2025/11/18 | | 预计回购金额 | 4,000万元~6,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 1,152,959股 | | 累计已回购股数占总股本比例 | 1.31% | | 累计已回购金额 | ...

Core Viewpoint - The demand for electroplating solutions in China is continuously growing, driven by rapid developments in downstream applications such as electronics, automotive, and aerospace, particularly in high-end sectors like semiconductor packaging and PCB manufacturing [1][12]. Industry Overview - Electroplating solutions are composed of metal ions, electrolytes, and additives, essential for the electroplating process, directly affecting the quality and properties of the plated layer [3][4]. Industry Development History - The Chinese electroplating solution industry has evolved through four stages: initial establishment in the 1950s-1970s, rapid development from the 1980s-2000s, maturity and transformation in the 2000s-2010s, and modernization and upgrading from the 2010s to present [4][5]. Market Size - The market size for electroplating solutions in China is projected to reach 3.779 billion yuan in 2024, with a year-on-year growth of 9.16%, and is expected to grow to 4.611 billion yuan by 2026, with a growth rate of 10.79% [12]. Key Enterprises - The competitive landscape of the electroplating solution industry is characterized by both diversification and concentration, with leading companies like Shanghai Xinyang and Jiangsu Aisen dominating the high-end market through strong R&D capabilities and technological advancements [14][16]. Industry Development Trends 1. **Sustained Market Demand Growth**: The demand for high-performance electroplating solutions is expected to increase significantly, particularly in advanced fields such as semiconductor manufacturing and new energy vehicles [20]. 2. **Accelerated Technological Progress and Domestic Substitution**: Domestic companies are making significant advancements in high-end electroplating solutions, reducing reliance on imports and enhancing competitiveness in the global market [21]. 3. **Stricter Environmental Policies**: The industry is moving towards greener and more sustainable practices due to increasing environmental regulations, with a focus on developing eco-friendly electroplating solutions and waste treatment technologies [22].

Group 1: Fudan Zhangjiang - Shareholders Yang Zongmeng and Wang Haibo plan to reduce their holdings by a total of up to 1.41% of the company's shares [1] - Yang Zongmeng intends to sell up to 10.36 million shares, representing 1.00% of the total share capital [1] - Wang Haibo plans to sell up to 4.27 million shares, representing 0.41% of the total share capital [1] Group 2: Aisen Co., Ltd. - Shareholders including Ailong Venture Capital and executives plan to reduce their holdings by a total of up to 3.86% of the company's shares [1] - Ailong Venture Capital intends to sell up to 2.644 million shares, representing 3.00% of the total share capital [1] - Other executives plan to sell smaller amounts, with individual reductions ranging from 0.17% to 0.45% of the total share capital [1] Group 3: Youyou Food - Actual controller Zhao Ying plans to reduce his holdings by up to 3% of the company's shares [3] - The planned reduction amounts to up to 12.83 million shares [3] Group 4: Chenfeng Technology - The company plans to sell idle assets, including 6 vehicles and 53 pieces of machinery, for a total estimated sale price of 8.1461 million yuan [5] - Expected disposal gains from the sale are approximately 3.6238 million yuan [5] Group 5: *ST Hengtai - The company will cancel its delisting risk warning and other risk warnings, with the stock name changing from "*ST Hengtai" to "Henglitai" [6] - The stock will be suspended for one day and the price fluctuation limit will change to 10% [6] Group 6: Xinyunda - Shareholder Wuku International Trust plans to reduce its holdings by up to 3% of the company's shares [9] - The planned reduction amounts to up to 5.9823 million shares [9] Group 7: Shaoyang Hydraulic - The company is planning a major asset restructuring, which involves issuing shares and cash to acquire part or all of Chongqing Xincheng Hangrui Technology Co., Ltd. [10] - The stock will be suspended for up to 10 trading days [10] Group 8: Xingwang Yuda - The company announced that part of its bank account funds, totaling 25.9335 million yuan, have been frozen [11] - The frozen amount represents 1.42% of the company's most recent audited net assets [11] Group 9: Tianrong Tianyu - Shareholder Yan Xuewei plans to reduce his holdings by up to 3% of the company's shares [12] - The planned reduction amounts to up to 4.2089 million shares [12] Group 10: Qiming Star - The chairman Wei Bing has resigned due to work adjustments at China Mobile Communications Group [13] Group 11: Aosaikang - The company's subsidiary has received a drug registration certificate for Methotrexate injection, which is considered equivalent to passing consistency evaluation [15][16] Group 12: Xinhau Optoelectronics - The company plans to transfer 100% equity of its wholly-owned subsidiary, Xinguang Energy Technology (Anhui) Co., Ltd. [17] Group 13: ST Baili - The company's controlling shareholder has been applied for bankruptcy liquidation due to inability to repay debts [19]