每经AI快讯，香农芯创（SZ 300475，收盘价：131.21元）11月25日晚间发布公告称，持有香农芯创科 技股份有限公司股份88万股（占公司总股本比例为0.189%）的董事、总经理李小红先生计划于本公告 披露之日起15个交易日之后的1个月内通过集中竞价方式减持公司股份不超过22万股(占公司总股本的 0.047%)。 持有公司股份8万股（占公司总股本比例为0.017%）的董事会秘书曾柏林先生计划于本公告披露之日起 15个交易日之后的1个月内通过集中竞价方式减持公司股份不超过2万股(占公司总股本的0.004%))。 持有公司股份12万股（占公司总股本比例为0.026%）的董事、副总经理、财务总监苏泽晶先生计划于 本公告披露之日起15个交易日之后的1个月内通过集中竞价方式减持公司股份不超过3万股(占公司总股 本的0.006%)。 截至发稿，香农芯创市值为610亿元。 每经头条（nbdtoutiao）——688496，被证监会立案！刚上市业绩就变脸，亏损超1亿元；核心产品受重 创：第一大客户"自产自用"，减少采购 （记者 胡玲） 2024年1至12月份，香农芯创的营业收入构成为：电子元器件分销占比97.15%， ...

3、持有公司股份80,000股（占公司总股本比例0.017%）的董事会秘书曾柏林先生计划于本公告披露之 日起15个交易日之后的1个月内（即2025年12月17日-2026年1月16日）通过集中竞价方式减持公司股份 不超过20,000股(占公司总股本的0.004%))。 2、持有公司股份120,000股（占公司总股本比例0.026%）的董事、副总经理、财务总监苏泽晶先生计划 于本公告披露之日起15个交易日之后的1个月内（即2025年12月17日-2026年1月16日）通过集中竞价方 式减持公司股份不超过30,000股(占公司总股本的0.006%)。 格隆汇11月25日丨香农芯创(300475.SZ)公布，1、持有公司股份880,000股（占公司总股本比例0.189%） 的董事、总经理李小红先生计划于本公告披露之日起15个交易日之后的1个月内（即2025年12月17 日-2026年1月16日）通过集中竞价方式减持公司股份不超过220,000股(占公司总股本的0.047%)。 ...

香农芯创科技股份有限公司 关于公司部分董事及高管减持股份预披露的公告 公司董事、总经理李小红先生,董事、副总经理、财务总监苏泽晶先生,董 事会秘书曾柏林先生保证向本公司提供的信息披露内容真实、准确和完整，没 有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、持有香农芯创科技股份有限公司（以下简称"公司"）股份 880,000 股 （占公司总股本比例 0.189%）的董事、总经理李小红先生计划于本公告披露之 日起 15 个交易日之后的 1 个月内（即 2025 年 12 月 17 日-2026 年 1 月 16 日） 通过集中竞价方式减持公司股份不超过 220,000 股(占公司总股本的 0.047%)。 2、持有公司股份 120,000 股（占公司总股本比例 0.026%）的董事、副总经 理、财务总监苏泽晶先生计划于本公告披露之日起 15 个交易日之后的 1 个月内 （即 2025 年 12 月 17 日-2026 年 1 月 16 日）通过集中竞价方式减持公司股份不 超过 30,000 股(占公司总股本的 0.006%) 。 3、持有公司 ...

Group 1: Storage Chip Sector - The storage chip sector opened strong on November 25, 2025, with notable gains in companies like LeiKe Defense and others, reflecting a bullish market sentiment [1] - Morgan Stanley raised target prices for SanDisk and Micron, citing a generational supply shortage in the industry, exacerbated by accelerating cloud computing demand [1] - Zhongyuan Securities highlighted a sharp increase in data storage demand driven by AI advancements, predicting a potential super cycle for the storage industry as prices rise [1] Group 2: Macroeconomic Data - In October, China's high-tech industry sales revenue grew by 13.6% year-on-year, with significant increases in integrated circuits (32.5%), industrial robots (41.7%), and drone manufacturing (38.4%) [2] - The San Francisco Fed President expressed support for a potential interest rate cut in December, with market expectations for a 25 basis point reduction rising to 80% [2] Group 3: ETF Performance - The ChiNext 50 ETF (588060) rose over 1.5%, with significant inflows in recent trading days, indicating strong investor interest in the sector [2] - The ChiNext Growth ETF (588110) saw gains exceeding 3%, with constituent stocks like Shijia Photon and Haitan Ruisheng rising over 10% [3] - The ChiNext 200 ETF (588140) experienced a near 4% increase, reflecting strong performance from smaller-cap stocks in the technology sector [3] Group 4: ETF Characteristics - The ChiNext 50 ETF tracks the top 50 stocks on the ChiNext board, representing leading technology firms with high market capitalization and liquidity [4] - The ChiNext 100 ETFs focus on mid-cap companies, providing exposure to high-growth potential stocks within the ChiNext market [4] - The ChiNext Growth ETF targets high-growth companies based on revenue and profit growth metrics, reflecting the overall performance of high-growth stocks on the ChiNext board [5]

（文章来源：每日经济新闻） 每经AI快讯，11月25日，A股存储芯片板块高开，雷科防务2连板，香农芯创、神工股份、德明利高开 超5%，盈新发展、时空科技跟涨。 ...

Core Insights - A total of 1,118 stocks in the Shanghai and Shenzhen markets have experienced net outflows of main funds for five consecutive days or more as of November 24 [1] - The stock with the longest continuous net outflow is Daye Intelligent, with 25 days of outflows, followed by Jindun Co., which has seen 24 days of outflows [1] - The largest total net outflow amount is from Shannon Chip, with a cumulative outflow of 5.811 billion yuan over eight days [1] Summary by Category Main Fund Outflow Duration - Daye Intelligent: 25 days of net outflow [1] - Jindun Co.: 24 days of net outflow [1] - Other notable stocks include Zhongke Shuguang (12 days) and SMIC (7 days) [1] Total Net Outflow Amount - Shannon Chip: 5.811 billion yuan over 8 days [1] - Zhaoyi Innovation: 5.267 billion yuan over 7 days [1] - Zhongke Shuguang: 4.322 billion yuan over 12 days [1] - SMIC: 3.861 billion yuan over 7 days [1] Proportion of Net Outflow to Trading Volume - Tiantan Biological: 8.97% of trading volume with a 5% decline over 6 days [1] - Zhaoyi Innovation: 11.21% of trading volume with a 21.24% decline over 7 days [1] - Other stocks with significant outflow proportions include Dongfang Wealth (10.61%) and Jiangbolong (9.70%) [1]

Core Viewpoint - The Zhongzheng 1000 Enhanced ETF (561590) opened at a decline of 0.48%, priced at 1.250 yuan, indicating a challenging market environment for this fund [1] Group 1: Fund Performance - The Zhongzheng 1000 Enhanced ETF has a performance benchmark based on the Zhongzheng 1000 Index return rate [1] - Since its establishment on November 23, 2022, the fund has achieved a return of 25.46% [1] - Over the past month, the fund has experienced a return of -5.95% [1] Group 2: Top Holdings - Key stocks in the fund include: - Jucheng Co., which opened with a gain of 1.57% - Jingwei Hengrun, which increased by 0.61% - Dajin Heavy Industry, which rose by 5.67% - Anji Technology, up by 0.97% - Zhongrong Electric, gaining 0.83% - Hongsoft Technology, increasing by 0.70% - Juxin Technology, up by 0.33% - Huafeng Measurement and Control, which fell by 0.18% - Jinlei Co., which rose by 0.56% - Shannon Chip Creation, which increased by 1.91% [1]

Core Viewpoint - During the week of November 17 to November 21, no industry experienced net inflow from major investors, with significant outflows observed in sectors such as power equipment, electronics, pharmaceuticals, computers, non-ferrous metals, machinery, and automobiles. The power equipment sector faced over 50 billion yuan in sell-offs [1] Industry Summary - Power Equipment: Experienced the highest sell-off, exceeding 50 billion yuan [1] - Electronics: Noted among the sectors with significant net outflows [1] - Pharmaceuticals: Also faced notable net outflows [1] - Computers: Included in the sectors with major sell-offs [1] - Non-Ferrous Metals: Experienced significant net outflows [1] - Machinery: Part of the sectors with high sell-offs [1] - Automobiles: Included in the sectors facing net outflows [1] Company Summary - Kaimete Gas: Received a net inflow of 1.297 billion yuan, leading in net inflows, with a weekly increase of 13.93% [1] - Yidian Tianxia: Attracted a net inflow of 904 million yuan [1] - Rongji Software: Saw a net inflow of 771 million yuan [1] - C South Network: Experienced a net inflow of 768 million yuan [1] - Sunshine Power: Faced a sell-off of 4.327 billion yuan [1] - Shannon Chip: Experienced a sell-off of 3.855 billion yuan [1] - CATL: Saw a sell-off of 3.667 billion yuan [1]

Market Performance - The A-share market experienced a significant downturn, with the ChiNext Index dropping 6.15% last week and falling below the 3000-point mark on November 21, closing at 2920.08 points [1] - The Hang Seng Index also declined over 5% for the week, while the Hang Seng Tech Index fell more than 7% [1] - Major Asian markets, including the Korean Composite Index and Nikkei 225, also saw declines of nearly 4% and over 3.48%, respectively [1] Sector Analysis - The technology and battery sectors, which had previously shown strong performance, underwent substantial corrections, with the electronics sector experiencing a weekly decline of 5.89% [2] - The lithium battery supply chain faced a sharp drop, with the lithium mining index falling by 9.67% on a single day, affecting multiple stocks such as Shengxin Lithium Energy and Ganfeng Lithium, which hit their daily limit down [2] - The computing power industry also saw a collective pullback, with significant declines in stocks like Xin Yi Sheng and Zhong Ji Xu Chuang [2] Long-term Outlook - Despite the short-term pressures, several brokerages indicated that the long-term slow bull trend in the A-share market remains intact [3] - Analysts suggest that the current market adjustment is a normal part of the bull market process, with expectations of a gradual recovery after the current phase of volatility [3][4] - The AI industry chain is expected to continue its long-term growth trend, although there may be short-term fluctuations [3] Valuation and Investor Sentiment - The ChiNext Index's price-to-earnings ratio has decreased to 37.72, indicating a moderate valuation level compared to historical highs, suggesting no significant overvaluation risk [7] - Despite short-term capital outflows, the continued net subscriptions of ChiNext ETFs reflect long-term investor confidence [7] - The current market adjustment is viewed as profit-taking and a reaction to market sentiment, with a focus on quality growth stocks supported by strong earnings [7]

证券之星消息，11月21日其他电子板块较上一交易日下跌6.44%，香农芯创领跌。当日上证指数报收于 3834.89，下跌2.45%。深证成指报收于12538.07，下跌3.41%。其他电子板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300516 | 久之洋 | 48.60 | 15.63% | 27.28万 | | 13.18亿 | | 002859 | 洁美科技 | 28.85 | -1.47% | 4.15万 | | 1.21亿 | | 300736 | 自我科技 | 18.35 | -1.98% | 13.87万 | | 2.57亿 | | 301275 | 汉朔科技 | 52.21 | -2.12% | 1.20万 | | 6351.67万 | | 300991 | 创益通 | 35.80 | -3.14% | 1.74万 | | 6244.51万 | | 688093 | 世华科技 | 33.20 | -3.21% | 2.04万 | | 68 ...