Core Viewpoint - The company, 深桑达Ａ, has not yet made any plans to enter the space computing market despite the trend among several cloud computing companies to do so [2] Group 1 - The company responded to an investor inquiry on its interactive platform regarding its plans for space computing [2] - Currently, the company has no layout or strategy in place for space computing [2]

Core Insights - The semiconductor cleanroom industry is experiencing rapid growth driven by advancements in cloud computing, IoT, big data, 5G/6G, AI, and digitalization, with the market expected to reach 195.06 billion yuan by 2025, reflecting a year-on-year growth of 14.7% [1][9]. Industry Overview - Cleanrooms are designed to eliminate micro-particles, harmful gases, and bacteria, maintaining specific cleanliness levels essential for semiconductor manufacturing [2]. - The semiconductor cleanroom is a critical component in chip manufacturing, aimed at controlling contamination that affects yield and reliability [3]. Market Barriers - The semiconductor cleanroom industry has high entry barriers due to the significant investment required and the critical nature of cleanroom systems in production processes, where instability can lead to substantial losses for clients [5][6]. - Companies with extensive project experience and a strong brand reputation are preferred by clients, making it difficult for new entrants to gain recognition [6]. Market Policies - The Chinese government has prioritized the self-sufficiency of the semiconductor industry, implementing various supportive policies to promote its development, which also benefits the cleanroom sector [6][7]. Industry Chain - The upstream of the cleanroom industry includes materials and equipment essential for cleanroom systems, while the midstream involves design and construction, and the downstream caters to semiconductor manufacturing processes [7]. Current Development - The semiconductor industry is projected to reach a market size of 211.5 billion USD by 2025, accounting for 29.42% of the global market, providing significant growth opportunities for the cleanroom sector [7]. Competitive Landscape - The cleanroom industry is characterized by a fragmented market with many small players, while a few companies like 柏诚股份 (Borch) and 亚翔集成 (Yaxiang) dominate the high-end market due to their technical expertise and project experience [10][11]. Development Trends - Continuous technological upgrades are necessary to meet the stringent requirements of advanced semiconductor processes, focusing on molecular-level contamination control and high-precision environmental regulation [12]. - The industry is moving towards green and intelligent solutions, integrating energy-saving technologies and smart management systems to enhance operational efficiency [13]. - The push for domestic substitution in the semiconductor industry is expected to strengthen collaboration across the supply chain, enhancing the competitiveness of local firms in critical components [14].

Core Viewpoint - The company, 深桑达A, is a leading provider of cleanroom solutions, focusing on one-stop services for high-tech industries, and has achieved international standards in cleanroom purification engineering [2] Company Overview - 深桑达A specializes in cleanroom engineering and has participated in numerous significant projects for both domestic and international high-tech enterprises [2] - The company has established a strong reputation and market influence within the industry by providing system integration engineering services for well-known domestic companies [2] Business Strategy - The company aims to continue focusing on its core business, enhancing operational management, and improving profitability to protect the interests of the company and all shareholders [2]

Core Viewpoint - Deep Sanda A is developing a data infrastructure system guided by national data infrastructure standards, transitioning data resources from "self-sufficiency" to "circulation empowerment" [2] Group 1 - The company is responding to investor inquiries regarding its initiatives in the data space [2] - The focus is on creating a multi-party data infrastructure system [2] - The aim is to enhance the flow and utilization of data resources [2]

Core Viewpoint - The company is actively participating in the construction of China's first trusted data space for the remote sensing industry, guided by national data infrastructure standards [2] Group 1: Project Progress - The project is progressing steadily, with the company indicating that it has not yet signed any related sales agreements [2] - The expected revenue from this project is anticipated to be a small proportion of the company's overall operating income [2] Group 2: Data Infrastructure Development - The trusted data space aims to build a data infrastructure system that covers multiple stakeholders, promoting the development of data resources from "self-sufficiency" to "circulation empowerment" [2]

（文章来源：证券日报） 证券日报网讯 2月9日，深桑达A发布公告称，中兴华作为公司2025年度财务报告及内部控制审计机构， 原委派王宝成先生为项目合伙人、吴兴华先生为签字注册会计师，因工作调整，现委派申海洋先生为项 目合伙人、王宝成先生为签字注册会计师，继续完成公司2025年度审计工作。变更后，公司2025年度财 务报告及内部控制审计签字项目合伙人为申海洋，签字注册会计师为王宝成。 ...

深圳市桑达实业股份有限公司 关于变更签字注册会计师的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 深圳市桑达实业股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召 开公司第九届董事会第四十三次会议、2025 年 11 月 14 日召开 2025 年第三次临 时股东大会审议通过了《关于续聘 2025 年度会计师事务所的议案》，同意公司续 聘中兴华会计师事务所（特殊普通合伙）（以下简称"中兴华"）执行公司 2025 年度财务报告及内部控制审计业务。具体内容详见公司于 2025 年 10 月 29 日披 露的《深圳市桑达实业股份有限公司关于续聘 2025 年度会计师事务所的公告》 （公告编号：2025-053）、于 2025 年 11 月 15 日披露的《深圳市桑达实业股份有 限公司 2025 年第三次临时股东大会决议公告》（公告编号：2025-076）。 近日，公司收到中兴华出具的《关于变更签字人员的承诺函》。现将具体情 况公告如下： 一、变更签字注册会计师的基本情况 中兴华作为公司 2025 年度财务报告及内部控制审计机构，原委派王宝 ...

Key Insights on Infrastructure Investment Opportunities - A seasonal infrastructure construction boom occurs from the end of the Spring Festival to the conclusion of the National People's Congress, lasting approximately 1-1.5 months, presenting significant investment opportunities[2] - The report identifies 10 strong sub-sectors with high odds and win rates, including engineering consulting services, environmental equipment, environmental governance, general equipment, specialized engineering, non-metallic materials, new metallic materials, specialized equipment, decoration, and plastics, with average returns of 12-15% and excess returns of 4-8% over the past decade[2][10] Selected Stocks from Strong Sub-sectors - The report highlights a portfolio of 18 stocks selected from the 10 strong sub-sectors based on a scoring model, which includes: - Engineering consulting: Qidi Design (average excess return 22.7%, win rate 100%) and Jian Ke Yuan (average excess return 16.4%, win rate 100%)[3][19] - Environmental equipment: Xianhe Environmental (average excess return 11.7%, win rate 90%) and Senyuan Co. (average excess return 12.2%, win rate 80%)[3][20] - Environmental governance: Shanghai Washba (average excess return 36.0%, win rate 100%) and Dechuang Environmental (average excess return 19.1%, win rate 89%)[3][23] - General equipment: Jialitu (average excess return 35.3%, win rate 100%) and Jinyang Sun (average excess return 28.8%, win rate 100%)[3][26] Performance and Risk Considerations - The selected 10 strong sub-sectors have consistently shown high absolute and excess return probabilities, with a stable performance track record over the past decade[10][13] - Risks include limitations of comparative studies, market learning effects leading to volatility, unexpected market downturns, and individual stock risks impacting the overall portfolio[4]

Group 1 - The company Shen Sanda A announced that its 10th Board of Directors' third meeting was held on January 28, 2026, to review the proposal for adjusting the organizational structure [1] Group 2 - The "Jie Wo Rui" platform under Shui Bei Gold is facing a payout crisis, with reports indicating a 40-fold leverage bet leading to losses as gold prices rise [1] - Investors are dissatisfied with the proposed payout plan, which offers a principal repayment at only 20% of the original amount [1]

证券代码：000032 证券简称：深桑达A 公告编号：2026-010 深圳市桑达实业股份有限公司 关于调整募集资金投资项目使用金额的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 深圳市桑达实业股份有限公司（以下简称"公司"）于 2026 年 1 月 28 日 召开第十届董事会第三次会议，审议通过了《关于调整募集资金投资项目使用 金额的议案》，同意对募集资金投资项目使用金额进行调整，现将具体事项公 告如下： 一、募集资金基本情况 经中国证券监督管理委员会证监许可〔2025〕991 号文批复，同意公司向 特定对象发行股票的注册申请。公司于 2025 年 12 月公司向特定对象发行人民 币普通股股票 77,220,077 股，发行价格 15.54 元/股，募集资金总额为人民币 1,199,999,996.58 元，扣除发行费用 1,910,584.97 元后，公司实际募集资金 净额为人民币 1,198,089,411.61 元。上述募集资金到位情况已经中兴华会计师 事务所（特殊普通合伙）审验并出具《验资报告》（中兴华验字（2026）第 010002 号）。 ...