-今日A股共有22只个股换手率超过30%； 【振幅大】 -今日A股共有10只个股振幅超过20%； -N能之光、科创信息、同惠电子等个股振幅居前； 【换手率高】 -主力资金今日净流入计算机、电子、传媒等板块，净流出医药生物、基础化工、有色金属等板块； -东方财富、中兴通讯、昆仑万维、川润股份、同花顺主力资金净流入规模居前，分别净流入19.87亿 元、16.97亿元、12.92亿元、8.89亿元、7.00亿元； -每日互动、歌尔股份、北信源、跨境通、药明康德主力资金净流出规模居前，分别净流出6.23亿元、 5.45亿元、5.09亿元、4.39亿元、4.11亿元。 (本文来自第一财经) -N能之光、南方精工、科创信息等个股换手率居前； 【主力资金】 ...

Group 1 - The core announcement involves a memorandum of understanding between Sunyu Optical Technology and GoerTek, indicating a potential equity subscription agreement [1] - Upon completion of the restructuring, Ningbo Aolai will subscribe to GoerTek Optical's equity by contributing all shares of Shanghai Aolai, resulting in a 33.33% ownership stake in GoerTek Optical post-subscription [1] - The rapid development of artificial intelligence (AI) and augmented reality (AR) products is expected to drive significant growth in these sectors over the coming years [1] Group 2 - Shanghai Aolai has established a strong competitive foundation in the wafer-level micro-nano optics field, supported by an experienced technical team and advanced tools and equipment [1] - GoerTek Optical has focused on high-precision optical fields and has built a robust technical team, particularly in waveguide components, with a wide customer base [1] - The board believes that the subscription, if realized, will enhance the complementary advantages of Shanghai Aolai and GoerTek Optical, significantly strengthening GoerTek Optical's core competitiveness in waveguides and other wafer-level micro-nano optical devices, especially for AI and AR products [1]

Group 1 - The core point of the article is the memorandum of understanding between Sunny Optical Technology (02382) and GoerTek (002241.SZ) regarding a subscription agreement that will enhance their competitive advantages in the optical field, particularly in AI and AR products [1] - The agreement states that after the restructuring, Ningbo Aolai will subscribe to shares of GoerTek Optical by contributing all its shares in Shanghai Aolai, resulting in a 33.33% ownership in GoerTek Optical post-subscription [1] - The rapid development of AI and AR products is highlighted, with expectations for significant growth in these areas over the coming years [1] Group 2 - Shanghai Aolai has established a strong competitive foundation in the wafer-level micro-nano optics field, supported by an experienced technical team and advanced tools and equipment [1] - GoerTek Optical has focused on high-precision optical fields and has built a skilled technical team, particularly in waveguide components, with a broad customer base [1] - The board believes that the subscription agreement, if realized, will significantly enhance GoerTek Optical's core competitiveness in waveguides and other wafer-level micro-nano optical devices, especially for AI and AR applications [1]

舜宇光学科技在港交所公告，于8月21日（交易时段后），本集团若干成员公司与歌尔股份及歌尔光学 订立谅解备忘录。根据谅解备忘录，订约方同意进一步磋商，以就认购事项订立最终协议，其主要条款 如下：(i) 当重组完成后，宁波奥来以其持有的上海奥来的全部股权作价出资认购歌尔光学的股权；及 (ii) 于认购事项完成后，宁波奥来将持有认购事项完成后的歌尔光学股权约33.33%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表明概不會就本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED 舜 宇 光 學 科 技（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2382.HK） 1 (1) 舜宇浙江光學； (2) 寧波奧來； (3) 上海奧來； (4) 歌爾股份；及 (5) 歌爾光學。 最終協議之主要條款 根據諒解備忘錄，訂約方同意進一步磋商，以就認購事項訂立最終協議，其主要 條款如下： 先決條件 內幕消息 諒解備忘錄 本公告乃由舜宇光學科技（集團）有限公司根據上市規則第13.09條及香港法例第 571章證券及期貨條例第XIVA部項下內幕消息條文（定義見上市規則）而作出。 諒解備忘錄 董事會欣然宣佈，於二零二五年八月二十一日（交易時段後），本集團若干成員公 司與歌爾股份及歌爾光學訂立諒解備忘錄。 諒解備忘錄 諒解備忘錄訂約方 諒解備忘錄項下擬進行之認購事項的完成，須待（ ...

公司于日前发布2025年半年度报告，报告中的数据似乎印证了这一预期。 一、盈利拐点确认——从"修复"到"加速" 歌尔股份上半年实现归属于上市公司股东的净利润14.17亿元，同比增长15.65%。 第二季度收入212.4亿元，同比增长0.8%，环比大幅增长30.30%，业绩拐点初步确认。另外，第二季度的盈利能力改善尤为明显，内部管控和产品 结构调整推动毛利率持续改善，净利润同比增长超过两位数。 （原标题：歌尔股份(002241.SZ)中报确认业绩拐点，AI终端爆发撬动增长新周期?） 市场焦点正从"AI算力"向"AI终端"迁移。 在这一关键节点，歌尔股份成为无法回避的观测样本——多数机构视其为本轮 XR/AI 眼镜出货量激增的首要受益者。 分板块来看，受益于AI智能眼镜、智能可穿戴等新兴产品需求带动，声学、光学和传感器零组件表现突出，上半年精密零组件业务收入76.04亿 元，同比增长20.54%，毛利率提升至23.49%，成为拉动整体盈利的重要支撑。智能硬件业务收入203.41亿元，同比增长2.49%，毛利率提升至 11.51%。此外，公司通过收购米亚精密，进一步补强精密金属件能力，深化"零组件+整机"战略协同。 ...

Core Viewpoint - The stock market experienced significant gains, with the Shanghai Composite Index breaking through 3800 points and the STAR Market Index surpassing 1200 points, indicating a positive market sentiment and recovery in risk appetite [3][11]. Market Performance - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index rose by 2.07% to 12166.06. The ChiNext Index increased by 3.36% to 2682.55, and the STAR Market Index surged by 8.59% to 1247.86 [4][3]. - The total trading volume in the Shanghai and Shenzhen markets reached 2.55 trillion yuan, an increase of over 100 billion yuan compared to the previous trading day [5]. Sector Performance - The semiconductor, education, securities, CPO, and AI mobile phone sectors saw the highest gains, while the gas, aquaculture, banking, and airport shipping sectors experienced declines [8]. - Notably, the semiconductor sector showed strong performance, with stocks like Chengdu Huami, Cambrian, and Haiguang Information hitting the daily limit of 20% increase. SMIC rose over 14% with a trading volume exceeding 20 billion yuan [8]. Fund Flow - Main funds flowed into the electronics, computer, and non-bank financial sectors, while there was a net outflow from banking, agriculture, and public utilities [9]. - Specific stocks such as SMIC, Zhongke Shuguang, and Dongfang Caifu saw net inflows of 2.526 billion yuan, 2.037 billion yuan, and 1.870 billion yuan, respectively. Conversely, stocks like Industrial Fulian, Meiri Interactive, and GoerTek faced net outflows of 652 million yuan, 592 million yuan, and 587 million yuan [9]. Institutional Insights - Huaxi Securities noted that after a brief market fluctuation, there is a recovery in sentiment, with capital movements being a key focus. Continuous inflows into stock ETFs and leveraged funds since August 15 indicate a relatively positive participation willingness [11]. - Guojin Securities highlighted a market rotation, with large-cap tech stocks showing explosive movements while the Shanghai 50 index still has room for recovery. The recommendation is to avoid chasing highs and focus on buying opportunities when strong sectors pull back to moving averages [11].

（原标题：歌尔股份(002241.SZ)中报确认业绩拐点，AI终端爆发撬动增长新周期?） 市场焦点正从"AI算力"向"AI终端"迁移。 此前，有分析师指出，北美大客户耳机份额近两年持续修复，2025年三季度深度参与大客户新无线降噪耳机迭代，预计下半年起主营业务收入与 利润将持续边际改善。 更前瞻的信号来自存货：半年度报告显示，期末存货余额为134.49亿元，较年初增长28.3%，其中原材料及在产品占比超60%，公司解释为"存货 储备增加"支撑新品生产。 股权激励方案则为增长定下量化锚点——歌尔股份于2025年5月发布了新的股票期权激励计划，涉及6302名员工。该计划拟授予6806万份股票期 权，行权价格为22.21元/股。考核指标包括2025年营收不低于1298.48亿元或净利润较2023年增长不低于140%；2026年营收不低于1548.79亿元或净 利润较2023年增长不低于180%。股权激励行权条件隐含业绩增长预期。 资本动作同样释放长线信心。歌尔集团控股股东于2025年3月4日至4月10日期间，分两次通过集中竞价方式增持公司股份47,439,630股，占公司总 股本的1.36%，累计耗资近10亿元。此 ...

在这一关键节点，歌尔股份成为无法回避的观测样本——多数机构视其为本轮 XR/AI 眼镜出货量激增 的首要受益者。 公司于日前发布2025年半年度报告，报告中的数据似乎印证了这一预期。 市场焦点正从"AI算力"向"AI终端"迁移。 一、盈利拐点确认——从"修复"到"加速" 歌尔股份上半年实现归属于上市公司股东的净利润14.17亿元，同比增长15.65%。 第二季度收入212.4亿元，同比增长0.8%，环比大幅增长30.30%，业绩拐点初步确认。另外，第二季度 的盈利能力改善尤为明显，内部管控和产品结构调整推动毛利率持续改善，净利润同比增长超过两位 数。 与增持形成协同的是，歌尔股份于2025年4月启动自有资金回购计划，拟以5亿至10亿元回购股份用于员 工持股或股权激励。截至7月31日，公司已回购股份1,613.28万股，占总股本的0.46%，支付金额达3.38 亿元，仅用不到4个月即完成回购金额上限的34%。真金白银的增持与回购，不仅有利于平滑短期股价 波动，更凸显管理层对公司成长曲线的笃定。 但资本市场最感兴趣的，依然是公司能否在即将到来的AI硬件创新大年实现"戴维斯双击"。 二、AI终端浪潮——歌尔的"第二 ...

Group 1 - The core viewpoint of the article highlights that GoerTek achieved a net profit attributable to shareholders of 1.42 billion yuan in the first half of the year, representing a year-on-year increase of 15.7% [1] - In Q2 2025, the company reported a net profit of 950 million yuan, which is a year-on-year growth of 12.1% and a quarter-on-quarter increase of 102.2% [1] - Despite a slight decline in overall revenue due to the product iteration cycle affecting certain smart acoustic projects, the company benefited from the successful progress of AI smart glasses and smart wearable product lines, leading to a significant improvement in overall profitability compared to the same period last year [1] Group 2 - The maturity of technologies such as optical waveguides, micro-displays, and system-level packaging, along with the development of related software applications, is expected to drive rapid growth in AI glasses and AR products, which will also boost the growth of related precision components in acoustics, optics, sensors, and structural parts [1] - The company has a strong market position in XR optics and acoustics, with significant first-mover advantages that will provide new business growth points [1] - GoerTek continues to deepen its engagement in the consumer electronics sector, demonstrating vertical integration capabilities from precision components to smart hardware systems, and maintaining close partnerships with major clients for mutual growth [1]