沪指12月16日下跌1.11%，申万所属行业中，今日上涨的有3个，涨幅居前的行业为商贸零售、美容护 理、社会服务，涨幅分别为1.32%、0.66%、0.13%。跌幅居前的行业为通信、有色金属，跌幅分别为 2.95%、2.81%。电子行业今日下跌1.50%。 资金面上看，两市主力资金全天净流出701.17亿元，今日有5个行业主力资金净流入，商贸零售行业主 力资金净流入规模居首，该行业今日上涨1.32%，全天净流入资金38.18亿元，其次是食品饮料行业，日 跌幅为0.02%，净流入资金为3.02亿元。 电子行业资金流出榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 688256 | 寒武纪-U | -4.35 | 1.77 | -91162.59 | | 603986 | 兆易创新 | -3.09 | 3.07 | -62210.12 | | 300475 | 香农芯创 | -3.44 | 6.14 | -48824.36 | | 300456 | 赛微电子 | -1.38 | 20.48 | - ...

消费电子ETF(561600)，场外联接(平安中证消费电子主题ETF发起式联接A：015894；平安中证消费电 子主题ETF发起式联接C：015895；平安中证消费电子主题ETF发起式联接E：024557)。 数据来源：wind 风险提示：基金有风险，投资需谨慎。基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资 产，但不保证本基金一定盈利，也不保证最低收益。基金管理人提醒投资人基金投资的"买者自负"原 则，在做出投资决策后，基金运营状况与基金净值变化引致的投资风险，由投资人自行负担。基金的过 往业绩及其净值高低并不预示其未来业绩表现，基金管理人管理的其他基金的业绩不构成对本基金业绩 表现的保证。投资人购买基金，既可能按其持有份额分享基金投资所产生的收益，也可能承担基金投资 所带来的损失。投资人应当认真阅读《基金合同》《招募说明书》等基金法律文件，全面认识本基金的 风险收益特征和产品特性，并根据自身的投资目的、投资期限、投资经验、资产状况等判断基金是否和 投资人的风险承受能力相适应，理性判断市场，谨慎做出投资决策。本材料中相关信息来源于基金管理 人认为可靠的公开资料，相关观点、评估和预测仅反映当前的判断 ...

交银国际研究 行业剖析 科技行业 2026 年展望：人工智能超级周期或继续，"十五五"科技国产替代或加速 | 估值概要 | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 公司名称 | 股票代码 | 评级 | 目标价 | 收盘价 | | -----每股盈利----- | ----市盈率---- | | | ----市账率---- 股息率 | | | | | | | | FY25E | | | FY26E FY25E FY26E FY25E FY26E | | | FY25E | | | | | | (当地货币) (当地货币) (报表货币) (报表货币) | | | (倍) | (倍) | (倍) | (倍) | (%) | | 英伟达 | NVDA US | 买入 | 245.00 | 179.59 | 2.938 | 4.631 | 61.1 | 38.8 | 56.15 | 31.43 | 0.0 | | 台积电 | TSM US | 买入 | 360.00 ...

证券日报网讯12月12日，卓胜微（300782）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76595户。 ...

证券日报网讯 12月12日，卓胜微在互动平台回答投资者提问时表示，二级市场股价受政策环境、市场 环境、投资者风险偏好等多方面因素影响，公司对股票在二级市场的价格表现保持关注。同时，管理层 一贯以竭力做好经营，谋求可持续发展为己任，不断提升内在战略价值，用可持续发展的业绩回报广大 投资者。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 12月12日，卓胜微在互动平台回答投资者提问时表示，短期来看，公司的业绩承压主要 受生产线建设期间大额资本性支出致固定资产折旧增加、新产线产能爬坡阶段成本较高，以及市场竞争 加剧等多重因素影响。公司对股票在二级市场的价格表现保持关注，管理层一贯以竭力做好经营，谋求 可持续发展为己任，不断提升内在战略价值，用可持续发展的业绩回报广大投资者。于长期而言，芯卓 产业项目是公司的可持续经营战略，更是公司长远发展的重要基石，未来公司将加速落地资源平台的建 设，专注布局和投资新的前沿技术，突破工艺技术壁垒，力争对标国际头部企业，深度构建核心竞争 力。随着新产品的发力、低产出导致高成本的迹象逐渐减弱等多方面积极因素出现，业绩将逐步改善。 ...

Group 1 - The company, ZTE Microelectronics, considers Samsung a long-term and stable important partner, maintaining a good strategic cooperation relationship across multiple product categories [2][5] - The ongoing patent dispute with Murata only involves a few specific models of filter products, which represent a low proportion of the company's main business revenue [2][5] - Currently, the patent dispute has not significantly impacted the company's overall production, operations, or sustainability, and the company will continue to follow up on the relevant developments in accordance with laws and regulations [2][5]

Core Points - The mainland consumer electronics index (983105) closed at 4679.66 points, down 0.04%, with a trading volume of 75.462 billion yuan and a turnover rate of 1.56% [1] - Among the index constituents, 20 stocks rose while 29 fell, with AAC Technologies leading the gainers at 3.95% and Meitu leading the decliners at 6.0% [1] Index Constituents Summary - The top ten constituents of the mainland consumer electronics index are as follows: - Luxshare Precision (sz002475) holds a weight of 12.51%, latest price at 60.00 yuan, with a market cap of 436.926 billion yuan and a rise of 2.37% [1] - SMIC (hk00981) has a weight of 12.37%, latest price at 62.39 yuan, with a market cap of 499.131 billion yuan and a decline of 1.15% [1] - Other notable constituents include BOE Technology (sz000725) with a weight of 5.67% and a market cap of 145.166 billion yuan, and Xiaomi (hk01810) with a weight of 5.56% and a market cap of 963.341 billion yuan [1] Capital Flow Analysis - The net inflow of main funds into the index constituents totaled 775 million yuan, while retail funds saw a net outflow of 347 million yuan [3] - Key stocks with significant fund flows include: - Luxshare Precision with a net inflow of 604 million yuan, accounting for 5.53% of the main funds [3] - Other stocks like GoerTek (sz002241) and Shenghong Technology (300476) also experienced notable fund movements [3]

卓胜微(300782)向特定对象发行股票申请审核状态变更为提交注册。 （文章来源：证券时报网） 卓胜微本次拟向特定对象发行股票，拟发行数量不超过1.60亿股，预计募集资金34.75亿元。本次发行保 荐机构为中国国际金融股份有限公司。（数据宝） ...

Core Viewpoint - The stock of Zhaosheng Microelectronics has shown fluctuations, with a recent increase of 2.02% and a total market capitalization of 37.772 billion yuan, despite a year-to-date decline of 21.19% [1] Financial Performance - For the period from January to September 2025, Zhaosheng Microelectronics reported a revenue of 2.769 billion yuan, representing a year-on-year decrease of 17.77%. The net profit attributable to shareholders was -171 million yuan, a significant decline of 140.13% year-on-year [2] Shareholder Information - As of November 20, 2025, the number of shareholders for Zhaosheng Microelectronics was 75,600, a slight decrease of 0.19% from the previous period. The average number of circulating shares per person increased by 0.19% to 5,928 shares [2] Dividend Distribution - Since its A-share listing, Zhaosheng Microelectronics has distributed a total of 884 million yuan in dividends, with 265 million yuan distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, the fourth largest circulating shareholder was Hong Kong Central Clearing Limited, holding 10.0688 million shares, an increase of 958,600 shares from the previous period. The ninth largest shareholder, E Fund's ChiNext ETF, held 7.3024 million shares, a decrease of 1.2461 million shares [3]