证券代码：300666 证券简称：江丰电子 公告编号：2025-108 宁波江丰电子材料股份有限公司 第四届董事会第二十五次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 1、宁波江丰电子材料股份有限公司（以下简称"公司"）第四届董事会第二 十五次会议的会议通知于 2025 年 9 月 22 日通过电子邮件等方式送达至各位董事， 通知中包括会议相关资料，同时列明了会议的召开时间、地点和审议内容。 2、本次会议于 2025 年 9 月 26 日在公司会议室，以现场及通讯相结合的方 式召开。 3、本次会议应出席董事 9 人，实际出席董事 9 人。其中现场出席会议的董 事 4 人，董事姚舜先生、吴祖亮先生，以及独立董事费维栋先生、张杰女士和刘 秀女士以通讯方式参会。 4、本次会议由董事长边逸军先生主持，公司高级管理人员列席了本次会议。 5、本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法 律法规和《公司章程》的有关规定。 二、董事会会议审议情况 经审议，全体董事一致同意公司（包括合并范围内的子公司，下同）增加 20 ...

证券代码：300666 证券简称：江丰电子 公告编号：2025-109 宁波江丰电子材料股份有限公司 关于增加 2025 年度日常关联交易预计的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、日常关联交易基本情况 （一）日常关联交易概述 宁波江丰电子材料股份有限公司（以下简称"公司"或"上市公司"）于2025 年2月14日、2025年3月5日分别召开第四届董事会第十四次会议和2025年第一次 临时股东会，审议通过了《关于2025年度日常关联交易预计的议案》，公司（包 括合并范围内的子公司，下同）拟定的2025年度与关联方（包括合并范围内的子 公司，下同）发生日常关联交易额度累计总金额不超过人民币163,877.00万元（不 含税金额，下同，不包括以实际发生额结算的能耗费等费用）。具体内容详见公 司于2025年2月18日发布在巨潮资讯网（www.cninfo.com.cn）的《关于2025年度 日常关联交易预计的公告》（公告编号：2025-011）。 2025年9月26日，公司召开第四届董事会第二十五次会议，审议通过了《关 于增加2025年度日常关联交 ...

Core Viewpoint - The semiconductor industry is experiencing a significant rally, driven by strong market sentiment and positive developments in the sector, indicating a shift towards more certain investment directions [1][6][8]. Market Performance - On September 24, major A-share indices rose, with the Shanghai Composite Index up 0.83% and the Shenzhen Component Index up 1.8%. The ChiNext Index reached a three-year high, and over 4,400 stocks in the market saw gains [3]. - The semiconductor sector led the market surge, with over 20 stocks hitting the daily limit, including Jiangfeng Electronics and Changchuan Technology, both up 20% [3][5]. Fund Activity - Jiangfeng Electronics was favored by public funds, with a holding ratio of 16.56% among 308 fund products as of the end of Q2 [3][5]. - Several ETFs related to semiconductors saw significant gains, with the GT Fund's semiconductor ETF achieving a record daily trading volume of 1.987 billion yuan [5]. Positive Industry Developments - Goldman Sachs raised the 12-month target price for SMIC's H-shares from 73.1 HKD to 83.5 HKD, citing strong long-term demand for AI chips in China [6]. - Alibaba's CEO announced plans to invest 380 billion yuan in cloud computing and AI infrastructure over the next three years, indicating a substantial increase in demand for semiconductor-related products [7]. Industry Trends - The semiconductor equipment and materials sector is expected to see a long-term increase in domestic production rates, benefiting companies in this space [8]. - The current semiconductor industry is entering a "second upcycle," with a focus on identifying high-quality companies that can sustain growth through market fluctuations [8].

Market Overview - The A-share market experienced a significant rise, with the Sci-Tech 50 Index surging over 5%, reaching a nearly four-year high [1] - The Shanghai Composite Index closed at 3853.64 points, up 0.83%, while the Shenzhen Component Index rose 1.8% to 13356.14 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 234.75 billion yuan [1] Semiconductor and Chip Sector - The semiconductor sector saw a strong performance, with the overall sector rising 4.6%, ranking first among industry sectors [2] - The storage chip concept also performed well, with a 4.18% increase, ranking fourth among industry concepts [2] - Notable individual stocks included ShenGong Co., Jiangfeng Electronics, and Xingfu Electronics, which hit the daily limit up [2] - The introduction of new lithography equipment by Shengmei Shanghai is expected to enhance semiconductor manufacturing capabilities [2] Memory Products Price Increase - Samsung has significantly raised prices for its DRAM and NAND flash products, with some products seeing price increases of up to 30% [3] - Other major players like SanDisk and Micron have also adjusted their pricing, indicating a trend of rising memory product prices [3] - The demand for enterprise-level SSDs is expected to increase, benefiting companies with strong pricing power in this segment [3] Solid-State Battery Sector - The solid-state battery concept saw a notable rise, with the sector increasing by 2.51% [4] - Key individual stocks in this sector included HaiMuxing and JiaoCheng Ultrasound, which experienced significant gains [4] - The Chinese government is promoting the development of high-safety battery storage systems, which is expected to drive advancements in solid-state battery technology [4][5] - Full solid-state batteries are anticipated to achieve partial mass production by 2027, with several automotive manufacturers planning to test these technologies [5][6] Brokerage and Financial Technology Sector - The brokerage and financial technology sectors showed positive movement, with stocks like Xiangcai Co. hitting the daily limit up [7] - The financial sector has seen adjustments recently, but the market remains active, with expectations for continued inflows of institutional and retail funds [7] - Analysts are optimistic about the profitability and valuation of the brokerage sector, anticipating further growth in Q3 earnings [7]

Core Viewpoint - The semiconductor industry is experiencing a significant rally, driven by strong market sentiment and positive industry developments, leading to substantial gains in related ETFs and stocks [1][2][4]. Group 1: Market Performance - On September 24, A-shares saw all major indices rise, with the Shanghai Composite Index up 0.83% and the Shenzhen Component Index up 1.8%, while the ChiNext Index reached a three-year high [2]. - Over 20 stocks in the semiconductor sector hit the daily limit up, including Chengbang Co., Zhangjiang Hi-Tech, and Tongfu Microelectronics [2]. - The trading volume for semiconductor-related ETFs surged, with the Guotai Fund's semiconductor ETF achieving a record daily trading volume of 1.987 billion yuan [3]. Group 2: Industry Catalysts - The semiconductor equipment sector's recent performance is attributed to a market shift towards more certain investment directions, supported by frequent industry benefits [1][6]. - Goldman Sachs raised the 12-month target price for SMIC's H-shares from 73.1 HKD to 83.5 HKD, citing a clearer long-term demand growth outlook for AI chips in China [4]. - Alibaba's CEO announced plans to invest 380 billion yuan in cloud computing and AI infrastructure over the next three years, indicating a significant increase in demand for AI-related semiconductor products [4][5]. Group 3: Investment Trends - The semiconductor industry is entering a second upward cycle, with increasing domestic production rates expected to enhance company performance [6]. - The recent rally in semiconductor stocks is partly due to a catch-up effect, as previous gains were concentrated in chip design companies, while equipment and materials sectors are now experiencing accelerated growth [5][6]. - Fund managers emphasize the importance of identifying high-quality companies that demonstrate sustained growth and technological breakthroughs in the semiconductor sector [6].

国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于宁波江丰电子材料股份有限公司 2025 年第四次临时股东会之 法律意见书 致：宁波江丰电子材料股份有限公司 国浩律师（上海）事务所（以下简称"本所"）接受宁波江丰电子材料股份 有限公司（以下简称"公司"）的聘请，指派王卫东律师、赵振兴律师出席并见 证了公司 2025 年第四次临时股东会（以下简称"本次股东会"）。 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司股东会规则》等法律、法规和中国证券监督管理委员会的有关规定，按照律 师行业公认的业务标准、道德规范和勤勉尽责精神，对本次股东会的召集和召开 程序、出席会议人员的资格、召集人资格、会议表决程序和表决结果开展核查工 作，出具本法律意见书。 一、本次股东会的召集、召开程序 公司于 2025 年 9 月 9 日向股东发出了《关于召开 2025 年第四次临时股东会 的通知》（以下简称《会议通知》）。《会议通知》载明了本次股东会召开的时 间、地点、提交会议审议的提案、有权出席会议股东的股权登记日、会议联系人 姓名和电话号码，以及网络方式的表决时间等事项。其中，《会议通知》以明显 ...

证券代码：300666 证券简称：江丰电子 公告编号：2025-107 宁波江丰电子材料股份有限公司 2025 年第四次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会没有出现否决议案的情形； 2、本次股东会无增加、变更议案的情形； 3、本次股东会没有涉及变更以往股东会已通过的决议的情形。 一、会议召开和出席情况 1、宁波江丰电子材料股份有限公司（以下简称"公司"）2025 年第四次临 时股东会通知于 2025 年 9 月 9 日以公告的形式发出。公司于 2025 年 9 月 18 日 披露了《关于召开 2025 年第四次临时股东会的提示性公告》，具体内容详见当日 巨潮资讯网（www.cninfo.com.cn）发布的相关公告。 2、会议召开方式：本次会议以现场投票与网络投票相结合的方式召开。 3、会议召开时间 二、议案审议表决情况 （1）现场会议召开时间：2025 年 9 月 24 日（星期三）下午 14:50 （2）网络投票时间：通过深圳证券交易所（以下简称"深交所"）交易系统 进行网络投票的具体时间为：202 ...

Group 1 - The semiconductor sector in China's A-shares has shown strong performance, with a daily increase of 4.39% and a cumulative weekly rise of over 8%, outperforming the Shanghai Composite Index [1] - Several stocks, including ShenGong Co., Jiangfeng Electronics, and Changchuan Technology, reached their daily price limits, with some recording approximately 20% gains [1] - The positive performance of the semiconductor sector is attributed to multiple favorable factors, including supportive government policies and increased demand and capital investment in the industry [1] Group 2 - Alibaba's CEO announced a three-year plan to invest 380 billion yuan in artificial intelligence infrastructure, indicating significant capital commitment to the AI sector [1] - The overall performance of major A-share indices was positive, with the Shanghai Composite Index rising by 0.83%, the Shenzhen Component Index by 1.8%, and the ChiNext Index by 2.28% [2] - The total trading volume in the Shanghai and Shenzhen markets was approximately 23.268 billion yuan, a decrease of about 1.676 billion yuan compared to the previous trading day [2]

Group 1 - Jiangfeng Electronics experienced a trading halt with a daily price increase of 20.00%, achieving a turnover rate of 18.27% and a transaction volume of 3.76 billion yuan, with a price fluctuation of 19.38% [2] - Institutional investors net sold 31.38 million yuan, while the Shenzhen Stock Connect recorded a net sell of 51.54 million yuan, despite the overall net buying from brokerage seats amounting to 133 million yuan [2] - The top five brokerage seats accounted for a total transaction volume of 1.18 billion yuan, with a net buying amount of approximately 49.83 million yuan [2] Group 2 - As of September 23, the margin trading balance for Jiangfeng Electronics was 1.068 billion yuan, with a financing balance of 1.066 billion yuan and a securities lending balance of 2.096 million yuan [3] - Over the past five days, the financing balance decreased by 40.36 million yuan, representing a decline of 3.65%, while the securities lending balance increased by 359,200 yuan, marking a rise of 20.68% [3] - On September 24, the top buying and selling brokerage seats included the Shenzhen Stock Connect, which had a buying amount of 216.94 million yuan and a selling amount of 268.48 million yuan [4]

Market Overview - The three major stock indices collectively rose, with the Shanghai Composite Index closing at 3853.64 points, up 0.83% [1][2] - The Shenzhen Component Index closed at 13356.14 points, up 1.8%, and the ChiNext Index closed at 3185.57 points, up 2.28% [1][2] - The total trading volume in the Shanghai and Shenzhen markets was 2.33 trillion yuan, a decrease of 167.6 billion yuan compared to the previous trading day [1] Sector Performance - The semiconductor industry chain, photovoltaic equipment, gaming, and BC battery concepts saw significant gains, while the tourism sector weakened slightly [6][7] - Notable sector performances included: - Semiconductor: +4.60% with a net inflow of 156.7 billion yuan [7] - BC Battery: +4.30% with a net inflow of 11.57 billion yuan [7] - Tourism and hotels: -0.71% with a net outflow of 5.08 billion yuan [7] Individual Stock Highlights - Key stocks in the semiconductor sector, such as ShenGong Co., Jiangfeng Electronics, and Changchuan Technology, hit the 20% limit up [8] - Lixun Precision saw a price increase of over 6%, reaching a historical high with a trading volume of nearly 30 billion yuan [8] - Major net inflows were observed in stocks like Sunshine Power, SMIC, and Tongfu Microelectronics, with net inflows of 1.342 billion yuan, 1.155 billion yuan, and 1.152 billion yuan respectively [9] Institutional Insights - Dexun Securities noted strong support for the Shanghai Index around 3800 points, with the semiconductor sector continuing to show activity, indicating bullish market sentiment [11] - Dongfang Securities highlighted potential volatility in global assets due to changes in overseas interest rates, while domestic liquidity remains loose, suggesting a focus on technology sectors for potential gains [11]