Core Insights - Victory Technology (300476) is heavily held by public funds and has attracted attention from notable Wall Street investment firms, including Point 72, known for its aggressive investment strategies [1][2] Company Overview - Victory Technology specializes in the research, production, and sales of high-density printed circuit boards (PCBs), covering rigid and flexible circuit boards, with applications in AI, automotive electronics, new communication technologies, big data centers, industrial interconnects, medical instruments, computers, and aerospace [2][5] - As of July 30, 2023, the company's stock price has surged by 351.46% year-to-date, with a total market capitalization of 165.7 billion yuan [2] Investment Interest - As of the end of Q2 2023, 314 public funds held significant positions in Victory Technology, indicating a substantial increase in institutional interest [2] - Point 72, a global asset management firm, has shown frequent interest in A-share companies, conducting 252 research sessions in 2024 alone, leading all foreign institutions [4] Strategic Vision - The Chairman of Victory Technology, Chen Tao, emphasized the importance of embracing the AI era, predicting transformative changes across various industries, including a new computing epoch and accelerated robotics [5][7] - The company has achieved a compound annual growth rate of 30% over the past eight years, positioning itself as a leader in the PCB industry with a market value exceeding 160 billion yuan [5][6] Technological and Operational Advantages - Victory Technology boasts advanced technology in AI computing, AI servers, and high-density interconnect (HDI) PCBs, making it a core supplier for major companies like NVIDIA and Tesla [6] - The company has established production bases in Malaysia, Thailand, and Vietnam, enabling global delivery capabilities [6] Future Outlook - The company plans to enhance its core competitiveness by increasing production capacity and investing in high-end products and advanced manufacturing equipment [8] - The Chinese AI industry is projected to grow from 486.2 billion yuan in 2026 to 1 trillion yuan by 2030, with a compound annual growth rate of approximately 20% [6][7]

Core Viewpoint - The rapid development of AI will lead to a new computing era, accelerated robotics age, and a restructuring of manufacturing models, fundamentally transforming various industries and creating new opportunities for companies to embrace AI and seize development advantages [1][4]. Company Overview - Shenghong Technology specializes in the R&D, production, and sales of high-precision multilayer, HDI, FPC, and rigid-flex boards, with applications in AI, big data centers, industrial interconnect, automotive electronics, next-generation communication technologies, new energy, aerospace, and medical instruments [1]. - Since its listing on the Shenzhen Stock Exchange in 2015, Shenghong Technology has achieved a compound annual growth rate of 30% over eight consecutive years, becoming a leader in the PCB industry, with a market capitalization exceeding 160 billion yuan [1]. Strategic Development - The company has established three core strategies: smart factories, green manufacturing, and high-tech, high-quality services, along with four areas of innovation: concepts, technology, talent, and capital [3]. - Shenghong Technology holds a technological advantage in AI computing power, AI servers, and advanced HDI and PCB technologies, becoming a core supplier for NVIDIA's AI computing PCBs and Tesla's automotive electronics [3]. Market Trends - The global AI industrial revolution is just beginning, with significant investments from major tech companies in AI data centers, totaling $218 billion in 2024 [4]. - The Chinese AI industry is expected to grow from 486.2 billion yuan in 2026 to 1 trillion yuan by 2030, with a compound annual growth rate of approximately 20% [4]. Recommendations for Embracing AI - Companies should establish ambitious strategies, prioritize technology and capacity, and engage in global partnerships to secure industry leadership [4]. - It is essential to foster a spirit of practicality, maintain a positive mindset, and uphold a belief in success [4]. Future Outlook - Shenghong Technology aims to enhance its core competitiveness by increasing production capacity to meet customer demand, focusing on high-end products, and investing in advanced equipment to improve manufacturing capabilities [5].

Core Insights - The article highlights the top 20 stocks with significant capital inflow as of July 31, with Tianfeng Securities leading at 787 million yuan [1] Group 1: Capital Inflow - Tianfeng Securities received an inflow of 787 million yuan [1] - Nord Shares followed with an inflow of 743 million yuan [1] - Yidian Tianxia attracted 700 million yuan in capital [1] - Yongyou Network saw an inflow of 679 million yuan [1] - 360 Technology had an inflow of 668 million yuan [1] - Cambridge Technology received 645 million yuan [1] - Inspur Information attracted 603 million yuan [1] - XD Industrial Wealth saw an inflow of 590 million yuan [1] - Leo Holdings received 566 million yuan [1] - Changying Precision attracted 514 million yuan [1] - Tianfu Communication saw an inflow of 432 million yuan [1] - Cambrian AI received 415 million yuan [1] - Great Wall Military Industry attracted 405 million yuan [1] - Nanxing Shares saw an inflow of 338 million yuan [1] - Kunlun Wanwei received 303 million yuan [1] - Zhongji Xuchuang attracted 299 million yuan [1] - Shenghong Technology saw an inflow of 294 million yuan [1] - Hengbao Shares received 292 million yuan [1] - BlueFocus Communication attracted 271 million yuan [1] - Jiechang Drive saw an inflow of 249 million yuan [1]

Market Overview - The Shanghai Composite Index rose by 0.17% to close at 3615.72 points, with a daily high of 3636.17 points [1] - The Shenzhen Component Index fell by 0.77% to close at 11203.03 points, reaching a high of 11307.62 points [1] - The ChiNext Index decreased by 1.62%, closing at 2367.68 points, with a peak of 2395.89 points [1] Margin Trading and Securities Lending - The total margin trading and securities lending balance in the Shanghai and Shenzhen markets was 19784.07 billion yuan, with a financing balance of 19642.55 billion yuan and a securities lending balance of 141.52 billion yuan [2] - The margin trading balance increased by 21.0 billion yuan compared to the previous trading day [2] - The Shanghai market's margin trading balance was 10111.96 billion yuan, up by 3.91 billion yuan, while the Shenzhen market's balance was 9672.1 billion yuan, increasing by 17.08 billion yuan [2] Fund Issuance - Five new funds were launched yesterday, including: - Changxin CSI 300 Index Quantitative Enhancement C - Southern CSI General Aviation Theme ETF - Changxin CSI 300 Index Quantitative Enhancement A - Ping An CSI All-Index Free Cash Flow ETF Link A - Ping An CSI All-Index Free Cash Flow ETF Link C [4] Top Margin Buying Stocks - The top three stocks by margin buying amount were: - Xinyi Sheng (300502.SZ) with 18.92 billion yuan - Northern Rare Earth (600111.SH) with 17.93 billion yuan - Dongfang Fortune (300059.SZ) with 16.97 billion yuan [3] Top Net Buying Stocks on the Dragon and Tiger List - The top ten net buying stocks on the Dragon and Tiger list included: - Yingweike (002837.SZ) with a net buying amount of 573.86 million yuan - Baogang Co. (600010.SH) with 373.76 million yuan - Tibet Tianlu (600326.SH) with 217.90 million yuan [6]

两融数据显示，该股最新（7月30日）两融余额为58.85亿元，其中，融资余额为58.38亿元，近10日增加 14.68亿元，环比增长33.60%。 公司发布的一季报数据显示，一季度公司共实现营业收入43.12亿元，同比增长80.31%，实现净利润 9.21亿元，同比增长339.22%，基本每股收益为1.0700元，加权平均净资产收益率9.74%。（数据宝） （文章来源：证券时报网） 胜宏科技股价再创历史新高，该股近期呈不断突破新高之势，近一个月累计有11个交易日股价刷新历史 纪录。截至09:34，该股目前上涨3.17%，股价报198.16元，成交938.60万股，成交金额18.57亿元，换手 率1.10%，该股最新A股总市值达1709.50亿元，该股A股流通市值1694.68亿元。 证券时报·数据宝统计显示，胜宏科技所属的电子行业，目前整体涨幅为0.93%，行业内，目前股价上涨 的有407只，涨幅居前的有N鼎佳、东芯股份、思泉新材等，涨幅分别为446.59%、17.99%、15.84%。股 价下跌的有65只，跌幅居前的有阿石创、容大感光、*ST华微等，跌幅分别为4.09%、3.10%、2.42%。 ...

Core Viewpoint - The A-share market shows mixed performance with the Shanghai Composite Index down by 0.41%, while sectors like telecommunications, electronics, and defense are performing well, indicating a shift in market focus towards specific growth areas [1]. Industry Summary - The consumer electronics sector is experiencing growth, with the Consumer Electronics ETF (159732.SZ) rising by 0.68%. Key stocks within this ETF, such as Jingsheng Electronics, Dongshan Precision, and Jingce Electronics, have seen significant increases in their share prices, ranging from 2.25% to 4.13% [1]. - The foldable smartphone market is projected to reach 19.8 million units by 2025, maintaining a penetration rate of approximately 1.6%, which reflects a slowdown in growth compared to previous years. However, advancements in technology and price reductions are driving foldable phones to become a focal point in the mid-to-high-end market [1]. - Major manufacturers are accelerating the development of new products and expanding their product lines and price ranges in preparation for a potential market explosion in 2026 [1]. - Traditional smartphones are entering a saturation phase, with foldable screens defining a new form of smart devices. Apple’s entry into the foldable screen market is expected to accelerate the adoption of foldable smartphones and drive innovation within the foldable supply chain [1]. Company Summary - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index and primarily invests in 50 A-share listed companies involved in the consumer electronics industry, focusing on high-attention sectors such as electronic manufacturing, semiconductors, and optical electronics [1].

格隆汇7月31日｜A股PCB概念持续拉升，东山精密、兴森科技、芯碁微装、生益科技、东材科技、生 益电子、胜宏科技、沪电股份盘中创历史新高，宏和科技涨停，德龙激光、中一科技、正业科技、方邦 股份、德福科技跟涨。 消息上，人工智能浪潮下，被誉为"电子产品之母"的PCB(印制电路板)产业链迎 来高景气。从已经披露的中报业绩预告来看，沪电股份、广合科技、鹏鼎控股、南亚新材、满坤科技等 A股上市公司均预计2025年上半年归属于上市公司股东的净利润下限同比增长超40%。 ...

7月31日，创业50ETF（159682）开盘涨0.29%，报1.043元。创业50ETF（159682）重仓股方面，宁德时 代开盘涨1.34%，东方财富跌0.59%，汇川技术跌0.09%，中际旭创涨4.94%，迈瑞医疗涨0.00%，新易盛 涨4.54%，阳光电源跌0.79%，胜宏科技涨3.00%，亿纬锂能跌0.20%，同花顺跌0.95%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 创业50ETF（159682）业绩比较基准为创业板50指数收益率，管理人为景顺长城基金管理有限公司，基 金经理为汪洋、张晓南，成立（2022-12-23）以来回报为3.99%，近一个月回报为11.03%。 来源：新浪基金∞工作室 ...

AI硬件股开盘集体走强，中际旭创、新易盛、东山精密、胜宏科技、沪电股份均再创历史新高，联特 科技、天孚通信、太辰光等跟涨。 ...

Core Insights - The report emphasizes the rising demand for nuclear fusion power sources, driven by advancements in fusion technology and increasing investment in the sector [3][6][8] - The report highlights the high technical and customer barriers in the nuclear fusion power supply industry, indicating a favorable environment for companies involved in this field [8] Market Performance - The report provides a snapshot of market indices, with the Shanghai Composite Index closing at 3615.72, reflecting a slight increase of 0.17%, while the Shenzhen Component Index decreased by 0.77% to 11203.03 [4] - The report also details the performance of various industry sectors, noting that the steel sector saw a rise of 2.05%, while the electric equipment sector experienced a decline of 2.22% [5] Industry Focus - The nuclear fusion power supply is identified as a critical component in fusion devices, with the need to optimize heating temperature and energy confinement time to enhance fusion performance [3][6] - The report discusses the specific requirements for different fusion technology routes, such as Tokamak and linear devices, which demand high-performance power supplies with strict specifications [7][8] - The report notes that the cost of power supplies can account for 30%-50% of the overall cost of fusion devices, underscoring the importance of this segment in the fusion industry [6][7] Investment Opportunities - The report suggests that as the investment climate for nuclear fusion improves, there will be increased demand for specialized power supplies, presenting potential investment opportunities for companies in this sector [8] - The report indicates that domestic capabilities for core components of power supplies have improved, reducing reliance on imports and enhancing competitive positioning [7][8]