每经头条（nbdtoutiao）——特朗普强要格陵兰岛，丹麦一养老基金率先清仓美债，美国资产全线下 跌！欧洲手握"金融核按钮"，双方会"鱼死网破"吗？专家解读→ （记者 曾健辉） 每经AI快讯，德明利1月21日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润6.5亿元~8亿 元，同比增长85.42%~128.21%；基本每股收益2.91元~3.58元。业绩变动主要原因是，报告期内，公司 聚焦全链路存储解决方案能力强化，加快高端制造能力建设，快速搭建起产品定制化全栈解决方案交付 体系，在客户拓展及产品导入环节取得突破性进展，推动公司经营规模持续快速增长。2025年第三季度 起，受益于AI需求驱动，存储行业景气度逐步回暖，存储价格进入上行通道，公司产品销售毛利率大 幅提升，经营业绩显著改善。 ...

格隆汇1月21日丨德明利(001309.SZ)公布，预计2025年1月1日至2025年12月31日归属于上市公司股东的 净利润65,000万元-80,000万元，比上年同期增长85.42%-128.21%；扣除非经常性损益后的净利润盈利 63,000万元-78,000万元，比上年同期增长108.13%-157.68%。 ...

Core Viewpoint - The company forecasts a net profit attributable to shareholders for the year 2025 to be between 650 million and 800 million yuan, representing a year-on-year growth of 85.42% to 128.21% [1] Group 1: Financial Performance - The expected net profit for 2025 is projected to be between 650 million and 800 million yuan, indicating significant growth compared to the previous year [1] - The company has achieved a substantial increase in sales gross margin due to the recovery in the storage industry driven by AI demand, leading to a notable improvement in operational performance [1] Group 2: Business Strategy - The company is focusing on enhancing its full-chain storage solution capabilities and accelerating high-end manufacturing capacity construction [1] - A breakthrough in customer expansion and product introduction has been achieved, contributing to the continuous and rapid growth of the company's operational scale [1]

证券代码：001309 证券简称：德明利 公告编号：2026-002 深圳市德明利技术股份有限公司 2025年年度业绩预告 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。 预计净利润： 同向增加 | 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司 | 盈利：65,000万元 –80,000万元 | 盈 利 ： 35,055.37 万 | | 股东的净利润 | 比上年同期增长：85.42% - 128.21% | 元 | | 扣除非经常性损 益后的净利润 | 盈利：63,000万元 –78,000万元 | 盈 利： 30,269.81 万 元 | | | 比上年同期增长：108.13% - 157.68% | | | 营业收入 | 金额： 1,030,000万元 –1,130,000 万元 | 金额：477,254.63万 | | | 比上年同期增长：115.82% - 136.77% | 元 | | 基本每股收益 | 盈利：2.91元/股 –3.58元/股 | 盈利： 1.70 元/股 | 备注：上年同期基本 ...

证券时报·数据宝统计，截至1月21日收盘，深沪北共101只个股连续5日或5日以上主力资金净流入。杭 州银行等连续15日主力资金净流入，排名第一；云南白药连续13日主力资金净流入，位列第二。从主力 资金净流入总规模来看，德明利主力资金净流入金额最大，连续6天累计净流入15.50亿元，杭州银行紧 随其后，15天累计净流入14.39亿元。从主力资金净流入占成交额的比例来看，锋龙股份占比排名居 首，该股近15日上涨317.94%。（数据宝） 连续5日或以上主力资金净流入个股排名 | 证券代 | 证券简 | 主力资金净流入 | 主力资金净流入金额 | 主力资金净流入比例 | 累计涨跌幅 | | --- | --- | --- | --- | --- | --- | | 码 | 称 | 天数 | （亿元） | （%） | （%） | | 001309 | 德明利 | 6 | 15.50 | 6.77 | 22.39 | | 600926 | 杭州银 行 | 15 | 14.39 | 9.88 | -0.65 | | 000333 | 美的集 团 | 6 | 11.55 | 6.11 | 2.07 | | 000776 | ...

据数据宝，截至1月20日收盘，深沪北共71只个股连续5日或5日以上主力资金净流入。杭州银行等连续 14日主力资金净流入，排名第一；晶品特装连续13日主力资金净流入，位列第二。从主力资金净流入总 规模来看，德明利主力资金净流入金额最大，连续5天累计净流入13.53亿元，杭州银行紧随其后，14天 累计净流入12.86亿元。从主力资金净流入占成交额的比例来看，锋龙股份占比排名居首，该股近14日 上涨279.93%。 ...

Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The storage market is experiencing a gradual recovery, with manufacturing PMI in China rising to 50.2%, indicating expansion in the manufacturing sector [8][10] - The semiconductor industry is facing challenges due to geopolitical tensions and trade restrictions, impacting investor confidence [23] - AI and generative AI are driving significant demand for advanced semiconductor solutions, with expectations for growth in AI-related chip demand [23][25] - The report highlights a shift in production focus among major manufacturers towards high-end products like DDR5 and HBM due to declining prices in traditional DRAM products [36] Summary by Sections Macroeconomic Overview - China's manufacturing PMI increased by 1.1% to 50.2%, indicating a recovery in manufacturing activities [8][10] - The U.S. manufacturing PMI was reported at 50.9% in January, showing a positive trend since October [8][11] - Global economic expansion is expected to be supported by lower interest rates and growth-promoting policies, particularly in the U.S. [8] Upstream Market - Omdia forecasts a 6% increase in DRAM wafer production capacity for Samsung Electronics, with a target of 789 million wafers in 2025 [19] - SK Hynix plans to increase DRAM wafer input by 15%, with a focus on maximizing production at its facilities [19] - SEMI predicts a 6.6% annual increase in semiconductor capacity, reaching 33.6 million 8-inch wafers by 2025 [20] Company Dynamics - Samsung Electronics reported a sales figure of 30.1 trillion KRW for its semiconductor division in Q4 [29] - SK Hynix is set to begin mass production of HBM3E products in the first quarter of 2025 [34] - Micron plans to increase its HBM market share to 20% by 2025, with significant expansions in production capacity [34] Application Market - Intel's upcoming Panther Lake processors will support AI operations, expected to launch in 2025 [85] - AMD's Ryzen AI Max series processors, featuring advanced AI capabilities, are set to be released in the first quarter of 2025 [86] - Qualcomm's Snapdragon X series PC processors will support AI applications and are expected to launch in the first quarter [87] Domestic Spot Market - The domestic storage spot market remains stable, with prices showing a slight decline [44] - NAND inventory levels are nearing completion, with some manufacturers transitioning from sellers to buyers, providing price support [45] - DDR5 memory prices have seen a significant increase, with costs rising from $4.70 to $4.90-$5.00 [47]

Core Insights - The main focus of the news is on the significant inflow of capital into various stocks, highlighting the top 20 stocks with the highest capital inflow as of January 20, with specific amounts listed for each company [1][2][3] Group 1: Stock Performance - China Power Construction saw a capital inflow of 690 million yuan with a price increase of 6.85% [2] - Shanghai Electric experienced a capital inflow of 624 million yuan and a price increase of 8.22% [2] - Contemporary Amperex Technology reported a capital inflow of 509 million yuan with a modest price increase of 0.34% [2] - China Duty Free Group had a capital inflow of 460 million yuan and a price increase of 2.74% [2] - Sanzi Gaoke recorded a capital inflow of 441 million yuan with a price increase of 6.1% [2] Group 2: Industry Insights - The engineering sector, represented by China Power Construction, is showing strong investor interest with significant capital inflow [2] - The electric power industry, highlighted by Shanghai Electric, is also attracting substantial investments [2] - The battery industry, represented by Contemporary Amperex Technology, is experiencing steady capital inflow despite a small price increase [2] - The tourism and liquor sector, represented by China Duty Free Group, is seeing positive capital movement [2] - The automotive parts sector, represented by Sanzi Gaoke, is gaining traction with notable capital inflow [2]

Core Viewpoint - On January 19, a total of 17 listed companies had their restricted shares unlocked, with a total market value of approximately 8.181 billion yuan [1]. Summary by Category Restricted Share Unlocking - The following companies had restricted shares unlocked: - Vanadium Titanium Co., Ltd. (Stock Code: 000629) - 4.0126 million shares from equity incentive [1] - Guodian NARI Technology Co., Ltd. (Stock Code: 600406) - 11.883 million shares from equity incentive [1] - Huayi Group Co., Ltd. (Stock Code: 600623) - 356,100 shares from equity incentive [1] - Western Securities Co., Ltd. (Stock Code: 002673) - 360 million shares from A-share issuance to original shareholders [1] - Chang Aluminum Co., Ltd. (Stock Code: 002160) - 237 million shares from A-share issuance to legal persons [1] - Hikvision Digital Technology Co., Ltd. (Stock Code: 002415) - 29.2208 million shares from equity incentive [1] - Jieshun Technology Co., Ltd. (Stock Code: 002609) - 258,100 shares from equity incentive [1] - Yaoji Technology Co., Ltd. (Stock Code: 002605) - 975,000 shares from equity incentive [1] - Subote Co., Ltd. (Stock Code: 603916) - 629,000 shares from equity incentive [1] - Yipin Hong Co., Ltd. (Stock Code: 300723) - 150,000 shares from equity incentive [1] - Shandong Fiberglass Group Co., Ltd. (Stock Code: 605006) - 112,200 shares from equity incentive [1] - Keta Bio-Pharmaceutical Co., Ltd. (Stock Code: 300858) - 2.0053 million shares from A-share issuance to legal persons [1] - Xinlei Co., Ltd. (Stock Code: 301317) - 112 million shares from pre-issuance restrictions [1] - Zhiwei Intelligent Co., Ltd. (Stock Code: 001339) - 293,500 shares from equity incentive [1] - Demingli Co., Ltd. (Stock Code: 001309) - 247,500 shares from equity incentive [1] - Jiuzhou Yigui Co., Ltd. (Stock Code: 688485) - 600,000 shares [1] - Yingfang Software Co., Ltd. (Stock Code: 688435) - 36.3174 million shares [1]

Group 1 - The core concept of the news is the performance of the semiconductor sector, particularly the rise of the SMIC (Semiconductor Manufacturing International Corporation) concept, which increased by 3.44% on January 16, ranking fourth among concept sectors [1][2] - Within the SMIC concept sector, 70 stocks rose, with notable performers including Meike Technology, which hit the daily limit with a 20% increase, and other companies like Bocheng Co., Shenghui Integration, and Yaxiang Integration also reaching their daily limits [1][2] - The sector saw a significant net inflow of capital amounting to 4.6 billion yuan, with 54 stocks experiencing net inflows, and 16 stocks receiving over 100 million yuan in net inflows [2][3] Group 2 - The top stocks in terms of net capital inflow included Changdian Technology, which had a net inflow of 2.413 billion yuan, followed by Lanke Technology, Beifang Huachuang, and Demingli, with net inflows of 552 million yuan, 503 million yuan, and 361 million yuan respectively [2][3] - The highest net inflow ratios were observed in Shenghui Integration, Changdian Technology, and Bocheng Co., with net inflow ratios of 27.62%, 25.98%, and 20.63% respectively [3][4] - The overall market performance showed a mixed trend, with some stocks like Zai Sheng Technology and Tianhua New Energy experiencing declines of 7.12% and 5.90% respectively, indicating volatility within the sector [6][7]