证券代码：001309 证券简称：德明利 公告编号：2025-096 深圳市德明利技术股份有限公司 关于 2023 年限制性股票激励计划首次授予限制性股票第二个解除 限售期解除限售股份上市流通的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 重要内容提示： 1、本次解除限售股份涉及激励对象 87 名，解除限售的限制性股票数量合计 为 613,991 股，占公司目前总股本的比例为 0.2706%； 2、本次解除限售的限制性股票的上市流通日为 2025 年 10 月 9 日。 深圳市德明利技术股份有限公司（以下简称"公司"或"德明利"）于 2025 年9月12日召开第二届董事会第三十三次会议和第二届监事会第三十一次会议， 审议通过了《关于 2023 年限制性股票激励计划首次授予限制性股票第二个解除 限售期解除限售条件成就的议案》。根据《上市公司股权激励管理办法》、深圳 证券交易所、中国证券登记结算有限责任公司深圳分公司和公司《2023 年限制 性股票激励计划（草案）》（以下简称"本激励计划"）的有关规定，公司办理 完成本激励计划首次授予限制性股票第二 ...

9月29日，德明利收涨8.00%，收盘价为186.08元，发生1笔大宗交易，合计成交量4.9万股，成交金额 898.12万元。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 进一步统计，近3个月内该股累计发生48笔大宗交易，合计成交金额为9.88亿元。该股近5个交易日累计 上涨19.97%，主力资金合计净流出2.02亿元。 第1笔成交价格为183.29元，成交4.90万股，成交金额898.12万元，溢价率为-1.50%，买方营业部为中信 证券股份有限公司北京总部证券营业部，卖方营业部为兴业证券股份有限公司湖南分公司。 责任编辑：小浪快报 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 (元) | 成交量 (万股/万份) | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-09-29 | 001309 | 德明利 | 183.29 | 4.90 | 898.12 | 中信证券股份有限 | 兴业证券股份有限 | | | | | | | | 公司北京总部证券 | 公司湖南分公司 | | | | | | | | 营补部 | | | 权益类证券大宗交易(协议交易) | | --- | 9月29日，德明利大宗交易成交4.9万股，成交额898.12万元，占当日总成交额的0.25%，成交价183.29 元，较市场收盘价186.08元折价1.5%。 ...

Group 1 - The Shanghai Composite Index showed a slight recovery after a morning dip, with the ChiNext Index rising nearly 3% [1] - The lithium battery sector experienced strong upward momentum, with various sub-sectors such as sodium-ion batteries and solid-state batteries leading the gains [2] - The lithium battery indices reported significant increases, with the lithium battery index up by 4.22% and the power battery index up by 4.52% [3] Group 2 - A total of 421 companies were surveyed by institutions in the past 10 trading days, with 57 companies receiving attention from overseas institutions [4] - Deep South Circuit (002916) was the most focused company, receiving visits from 29 overseas institutions, highlighting its capacity expansion through technology upgrades and new projects [4] - Zhongkong Technology was also notable, with 20 overseas institutions participating in its survey, and it recently won two major projects from Sinopec, expected to generate significant annual output value [4] Group 3 - Stocks that received overseas institutional research saw an average increase of 3.11% over the past 10 trading days, with Demingli (001309) leading with a 56.95% increase [7] - More than half of the surveyed stocks received net purchases from financing clients, with Zhongchuang Zhiling (601717) receiving the highest net buy of 342 million yuan [7] - The storage industry is experiencing a positive outlook due to increased capital expenditures from major tech companies, with expectations for storage prices to maintain an upward trend in the fourth quarter [7]

Core Viewpoint - The A-share market for storage chip stocks has strengthened significantly due to supply tightness and surging demand from cloud enterprises, leading to notable price increases and stock performance in the sector [1]. Group 1: Market Performance - Yachuang Electronics saw a nearly 11% increase in stock price, while Demingli rose over 8% [1]. - Other companies such as Jingzhida, Zhaoyi Innovation, and Lianyun Technology experienced gains exceeding 6% [1]. - The overall trend indicates a robust performance in the storage chip sector, with several companies achieving substantial year-to-date growth percentages [2]. Group 2: Price Adjustments and Supply Dynamics - Major storage module manufacturer Adata announced a halt on DDR4 pricing starting from the 29th, prioritizing DDR5 and NAND flash supply to key customers [1]. - Samsung Electronics raised its memory product prices by 30%, while NAND flash prices increased by 5% to 10% [1]. - Micron Technology informed customers of a price hike ranging from 20% to 30% [1].

Core Viewpoint - The storage market appears to be recovering after years of adjustment, raising questions about whether the recent stock price increases of related A-share companies are due to cyclical trends or genuine improvements in their profitability [1][2]. Group 1: Market Performance - Since September 4 to September 25, the stock prices of Demingli (001309.SZ) and Jiangbolong (301308.SZ) surged from approximately 86 CNY per share to about 177 CNY and 144 CNY respectively, reaching historical highs [2]. - International storage giant SanDisk announced a price increase of over 10% for some products, igniting industry-wide price hike expectations [2]. - Morgan Stanley's report suggests that NAND Flash prices may continue to rise into Q4 2025 and persist into 2026, indicating a potential market recovery [2]. Group 2: Financial Performance of Major Players - Micron's Q4 2025 revenue reached $11.32 billion, a 46% year-on-year increase, with net profit soaring 158% to $3.47 billion [4]. - For the entire 2025 fiscal year, Micron's revenue hit a record $37.4 billion, up nearly 50% [4]. - Micron's revenue from high-value segments like HBM and server DRAM reached $10 billion, five times that of the previous fiscal year, driven by demand from AI servers [5][6]. Group 3: Domestic Manufacturers' Challenges - Domestic storage manufacturers like Baiwei Storage and Demingli reported negative net profits in the first half of 2025, reflecting the lingering effects of the previous downturn [9]. - The traditional business model of these companies, which relies on purchasing storage wafers from international suppliers, limits profit margins and exposes them to inventory losses during price declines [9][10]. - Domestic firms are shifting focus to develop their own controller chips to capture higher value in the supply chain [10]. Group 4: Technological Advancements and Market Strategy - Jiangbolong has shipped over 80 million self-developed controller chips, while Baiwei Storage has successfully mass-produced its first domestic eMMC controller chip [10]. - Domestic manufacturers are investing in advanced packaging technologies to enhance production capabilities and profitability [12]. - The shift towards enterprise markets, such as data centers and AI servers, is expected to yield higher profit margins compared to traditional consumer markets [13][14]. Group 5: Investment and Future Outlook - Baiwei Storage raised 1.871 billion CNY for expanding its advanced packaging and manufacturing facilities, indicating a strategic shift towards higher-value manufacturing [12]. - Jiangbolong's enterprise storage business revenue reached 693 million CNY in the first half of 2025, a 138.66% increase, reflecting successful penetration into the enterprise market [14]. - The strong performance of storage concept stocks in the A-share market may reflect capital market's dynamic pricing of these companies' new growth narratives [14].

Core Viewpoint - The storage chip sector in the A-share market has shown strong performance despite increased volatility in the overall market, driven by price hikes from international giants and positive forecasts for NAND Flash prices [2][3]. Group 1: Market Performance - From September 4 to September 25, the stock prices of Demingli (001309.SZ) and Jiangbolong (301308.SZ) surged from approximately 86 yuan to 177 yuan and 144 yuan respectively, reaching historical highs [2]. - The price increase expectations were ignited by SanDisk's announcement of a price hike of over 10% for some products, marking the second price increase this year [2]. - Morgan Stanley's report suggests that NAND Flash prices may continue to rise into Q4 2025 and persist into 2026, with CFM forecasting a comprehensive price increase in the storage market during that period [2]. Group 2: Financial Performance of Major Players - Micron's Q4 2025 revenue reached $11.32 billion, a 46% year-on-year increase, with net profit soaring 158% to $3.47 billion [3]. - For the entire fiscal year 2025, Micron's revenue hit a record $37.4 billion, up nearly 50% year-on-year, primarily driven by demand from data centers and AI servers [3]. - Micron's high-value business segments, including HBM and high-capacity DIMM, generated $10 billion in revenue, five times that of the previous fiscal year [3][4]. Group 3: Domestic Manufacturers' Challenges and Strategies - Domestic storage manufacturers like Baiwei Storage and Demingli reported negative net profits in the first half of 2025, reflecting the lingering effects of the previous downturn [6]. - The traditional business model of relying on purchasing storage wafers from international suppliers has limited profit margins for domestic firms [6]. - Domestic manufacturers are shifting focus towards upstream technology to capture higher value, particularly through the development of proprietary controller chips [6][7]. Group 4: Technological Advancements - Jiangbolong has shipped over 80 million units of its self-developed controller chips, with its UFS 4.1 products outperforming market standards [7]. - Baiwei Storage has successfully mass-produced its first domestic eMMC controller chip and is developing UFS controller chips, expected to be ready for production in 2025 [7]. - Demingli has also achieved mass production of its SATA SSD controller chip, which is the first in China to utilize RISC-V architecture [7]. Group 5: Investment and Market Expansion - Baiwei Storage raised 1.871 billion yuan for expanding its advanced packaging and manufacturing facilities, indicating a strategic shift towards higher-value manufacturing [9]. - Domestic firms are targeting enterprise markets, such as data centers and AI servers, where profit margins are higher and customers prioritize reliability over price [10]. - Jiangbolong's enterprise storage revenue reached 693 million yuan in the first half of 2025, a 138.66% increase, while Baiwei Storage has secured core supplier status with major AI server manufacturers [10].

Core Viewpoint - The company has been continuously expanding its product matrix since its listing, introducing new storage module products such as embedded storage and enterprise-level storage, with some products already in mass production and successfully integrated with key customers [1] Group 1: Product Development - The company has launched new storage module products, including embedded storage and enterprise-level storage [1] - Some of the new products have achieved mass production and have been successfully introduced to key customers [1] Group 2: Market Strategy - The company is increasing its investment in PCIe SSDs in line with its business development plans and market demand [1] - The client base for PCIe SSDs has expanded to include several well-known manufacturers, with stable shipments already occurring [1]

Core Viewpoint - Demingli reported that as of September 19, 2025, the number of shareholders, including credit account holders, is 25,477 [2] Company Summary - The company has a total of 25,477 shareholders as of the specified date [2]

公司发布的半年报数据显示，上半年公司共实现营业收入41.09亿元，同比增长88.83%，实现净利 润-1.18亿元，同比下降130.43%，基本每股收益为-0.7400元。 机构评级来看，近一个月该股获4家机构买入评级。预计目标价最高的是国投证券，9月8日国投证券发 布的研报给予公司目标价113.70元。（数据宝） （文章来源：证券时报网） 德明利9月25日披露，截至9月20日公司股东户数为25477户，较上期（9月10日）减少5841户，环比降幅 为18.65%。这已是该公司股东户数连续第2期下降。 证券时报·数据宝统计，截至发稿，德明利最新股价为174.20元，下跌4.29%，本期筹码集中以来股价累 计上涨83.52%。具体到各交易日，9次上涨，2次下跌，其中，涨停4次。 融资融券数据显示，该股最新（9月24日）两融余额为13.96亿元，其中，融资余额为13.93亿元，本期筹 码集中以来融资余额合计减少6327.43万元，降幅为4.35%。 ...