Group 1 - The A-share market closed in 2025 with the Shanghai Composite Index at 3968.84 points, marking an annual increase of 18.41% [1] - The top-performing stock of 2025 was Shangwei New Materials, achieving a remarkable increase of over 1800% [1] - The top ten stocks in terms of performance included Shangwei New Materials, Tiangpu Co., *ST Yushun, *ST Yazhen, Shenghong Technology, Feiwo Technology, Feiling'er, Dingtai High-tech, Hengbo Co., and Shunhao Co. [1] - Shangwei New Materials and Tiangpu Co. had cumulative increases of 1821.12% and 1662.49%, respectively, while *ST Yushun and *ST Yazhen saw increases of 719.38% and 636.7% [1] - The remaining top-performing stocks had annual cumulative increases ranging from 500% to 600% [1] Group 2 - The top ten underperforming stocks were dominated by "problem stocks," with the worst performer, Guangdao Tui, experiencing a cumulative decline of 94.18% [2]

Core Viewpoint - The Nvidia concept sector experienced a decline, with a drop of 1.27% in overall performance [1] Group 1: Company Performance - Haowen Automotive Electric fell by 3.23% [1] - Jingwang Electronics decreased by 3.12% [1] - Yingweike dropped by 2.61% [1] - Dalian Technology and Shenghong Technology both saw declines exceeding 3% [1]

Core Viewpoint - The automotive PCB industry is experiencing significant growth driven by the increasing demand for electric and smart vehicles, with a projected market size increase from $6.457 billion in 2020 to $9.195 billion in 2024, reflecting a compound annual growth rate (CAGR) of 9.2% [8][9]. Group 1: Automotive PCB Industry Overview - PCBs are essential in various sectors, including automotive, consumer electronics, industrial, medical, and military applications, with automotive PCBs playing a crucial role [1][3]. - Automotive PCBs must exhibit excellent electrical performance and reliability, requiring rigorous testing under extreme conditions [1][6]. - The automotive PCB market is characterized by a competitive landscape where international giants dominate high-end segments while Chinese companies focus on mid-range markets [9][10]. Group 2: Market Dynamics - The global automotive PCB market is expected to grow to $9.712 billion by 2025, with a year-on-year increase of 5.6% [8]. - In China, the automotive PCB market is projected to reach approximately 22.27 billion yuan in 2024, marking a 4.3% year-on-year growth [8]. - The rise of electric vehicles (EVs) is significantly increasing the PCB usage per vehicle, with the value of PCBs in EVs exceeding 2,000 yuan per vehicle due to additional components like BMS and MCU [8][9]. Group 3: Competitive Landscape - Major competitors in the automotive PCB sector include companies such as Chaoying Electronics, Shennan Circuit, Jingwang Electronics, and Huitian Technology, with market shares of 3.7%, 2.3%, and 4.1% for Huitian Technology, Jinlu Electronics, and Chaoying Electronics respectively in 2024 [9][10]. - The industry is witnessing a shift where local companies are making breakthroughs in core application scenarios, challenging the dominance of international firms in high-frequency PCB segments [9][10]. Group 4: Industry Trends - The demand for automotive PCBs is expected to grow steadily, driven by the increasing penetration of electric vehicles and advancements in automotive electrification, intelligence, and connectivity [10]. - There is a trend towards upgrading from traditional six-layer PCBs to more complex HDI and high-temperature resistant boards, reflecting the rising complexity and performance requirements in automotive applications [10].

来源：证券时报 作者：许盈 | | 券商金股组合2025年收益排名 | | | --- | --- | --- | | | (截至12月29日) | | | 排名 | 存商 | 累计收益率 | | 1 | 国元证券月度金股 | 83.73% | | 2 | 东北证券月度金股 | 67.47% | | 3 | 开源证券月度金股 | 67.00% | | ব | 东兴证券月度金股 | 61.53% | | 5 | 华鑫证券月度金股 | 60.67% | | 6 | 招商证券月度金股 | 60.31% | | 7 | 光大证券月度金股 | 55.50% | | 8 | 东莞证券月度金股 | 51.82% | | ਰੇ | 国泰海通月度金股 | 51.62% | | 10 | 长城证券月度金股 | 50.95% | 证券时报记者 许盈 每市APP显示，截至12月29日收盘，共有10家券商推荐的金股组合年内录得了超过50%（收益率计算规 则：将券商推荐的月度金股等权编制成指数，每月调仓）的收益率。 具体来看，来自国元证券的金股组合收益率最高，为83.73%；东北证券、开源证券的金股组合以 67.47%、67%的收益率分 ...

证券时报记者 许盈 2025年收官在即，券商金股也在一波三折的年度长阳行情中脱颖而出。 数据显示，截至12月29日，今年有10家券商的金股组合取得了超过50%的亮眼收益。提早在低位挖掘相关个股并 持续向市场推荐，是不少券商斩获超额战绩的秘诀。比如，某券商自低位起连续4个月推荐新易盛，完整地吃到了 该股超4倍的涨幅。 值得一提的是，腾讯控股以每月获7家左右券商推荐的超高人气，荣登年度最热门金股。 10家券商金股收益率超50% 每市APP显示，截至12月29日收盘，共有10家券商推荐的金股组合年内录得了超过50%（收益率计算规则：将券商 推荐的月度金股等权编制成指数，每月调仓）的收益率。 具体来看，来自国元证券的金股组合收益率最高，为83.73%；东北证券、开源证券的金股组合以67.47%、67%的 收益率分列第二、三名；东兴证券、华鑫证券、招商证券的金股组合也都取得了超过60%的收益率。此外，光大 证券、东莞证券、国泰海通、长城证券的金股组合，收益率均在50%以上。 近几年，经过加码发展，券商金股已成为多家券商研究所一项成熟的金牌业务——以每月一期（通常为10只股 票），展示券商最为看好的标的。作为券商月度策略 ...

胜宏科技12月30日披露，截至12月20日公司股东户数为192202户，较上期（12月10日）减少11045户， 环比降幅为5.43%。 证券时报·数据宝统计，截至发稿，胜宏科技收盘价为296.50元，下跌0.89%，本期筹码集中以来股价累 计下跌2.21%。具体到各交易日，6次上涨，8次下跌。 融资融券数据显示，该股最新（12月29日）两融余额为170.58亿元，其中，融资余额为170.11亿元，本 期筹码集中以来融资余额合计增加3.60亿元，增幅为2.16%。 公司发布的三季报数据显示，前三季公司共实现营业收入141.17亿元，同比增长83.40%，实现净利润 32.45亿元，同比增长324.38%，基本每股收益为3.7800元，加权平均净资产收益率29.06%。（数据宝） （文章来源：证券时报网） ...

证券日报网讯12月30日，胜宏科技（300476）在互动平台回答投资者提问时表示，关于公司的各项重大 信息，均以公司通过指定信息披露媒体发布的正式公告为准，请勿轻信未经证实的市场传闻。公司充分 重视投资者关系及舆情管理，对于任何涉嫌编造、传播虚假信息，扰乱市场秩序的行为，公司将视情况 采取法律措施维护公司及投资者的合法权益。 ...

证券日报网讯12月30日，胜宏科技（300476）在互动平台回答投资者提问时表示，截至2025年12月10 日，公司股东人数为203247户。 ...

（编辑 楚丽君） 证券日报网讯 12月30日，胜宏科技在互动平台回答投资者提问时表示，公司严格按照监管相关规定履 行信息披露义务，遵守商业政策是企业开展经营活动的基本准则，与具体客户的合作情况涉及商业敏感 信息，未经客户许可公司不便讨论，敬请谅解。 ...

证券日报网讯12月30日，胜宏科技（300476）在互动平台回答投资者提问时表示，公司将严格按照监管 相关规定履行信息披露义务，如公司2025年度业绩情况预计达到深交所业绩预告的相关披露标准，公司 将及时履行信息披露义务。 ...