Group 1 - The core point of the article is that Inno Laser (301021) has stated that its hollow core fiber technology has not yet been mass-produced for application [1] Group 2 - The company responded to investor inquiries on September 29 regarding the status of its technology [1]

Group 1 - The cultivated diamond concept index declined by 0.44% as of the market close on September 29, ranking among the top decliners in the concept sector [1] - Within the cultivated diamond sector, companies such as Chao Hong Ji and Woerde experienced significant declines, while *ST Yazhen, Guoli Electronics, and Chujian New Materials saw increases of 4.52%, 2.86%, and 1.39% respectively [1] - The cultivated diamond sector experienced a net outflow of 376 million yuan in principal funds today, with 11 stocks seeing net outflows, and 7 stocks exceeding 10 million yuan in outflows [2] Group 2 - The top net outflow stock in the cultivated diamond sector was Guoji Jinggong, with a net outflow of 202 million yuan, followed by Jing Sheng Jidian and Chao Hong Ji with net outflows of 69.44 million yuan and 51.89 million yuan respectively [2] - Conversely, the stocks with the highest net inflows included Guoli Electronics, China Gold, and Yuyuan Shares, with net inflows of 19.02 million yuan, 13.97 million yuan, and 7.69 million yuan respectively [2] - The trading volume for Guoji Jinggong was 7.78%, while *ST Yazhen had a trading volume of 2.18% with a gain of 4.52% [3]

Core Viewpoint - Inno Laser (301021.SZ) has announced that its deep ultraviolet lasers can be utilized for semiconductor wafer defect detection and Micro LED mass transfer process lines [1] Company Summary - Inno Laser specializes in deep ultraviolet laser technology [1] - The company's products are applicable in critical areas such as semiconductor manufacturing and advanced display technologies [1] Industry Summary - The semiconductor industry is increasingly focusing on defect detection technologies to enhance production quality [1] - The Micro LED technology is gaining traction, necessitating efficient mass transfer processes, which Inno Laser's products can support [1]

Group 1 - The circuit board index experienced a decline, with a drop of 2.01% during intraday trading [1] - Component stocks generally weakened, with notable declines in several companies [1] Group 2 - Dongshan Precision fell by 6.24%, Shenghong Technology decreased by 6.12%, and Jingwang Electronics dropped by 5.86% [1] - In addition, Inno Laser and Shengyi Electronics saw declines of 5.03% and 4.27%, respectively [1]

Group 1: Market Performance - The automation equipment sector rose by 1.72% on September 24, with Boke Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Group 2: Individual Stock Performance - Boke Co., Ltd. (688160) closed at 109.10, up 14.07% with a trading volume of 48,200 shares [1] - Shitian Technology (6888899) closed at 45.82, up 13.73% with a trading volume of 299,400 shares [1] - Jingye Intelligent (688290) closed at 74.48, up 12.85% with a trading volume of 49,400 shares [1] - Other notable performers include Zhongkong Technology (688777) up 7.73% and Weichuang Electric (688698) up 7.40% [1] Group 3: Capital Flow - The automation equipment sector saw a net inflow of 531 million yuan from institutional investors, while retail investors experienced a net outflow of 3.6 million yuan [5] - Major stocks like Huichuan Technology (300124) had a net inflow of 149.6 million yuan from institutional investors [5] - Weichuang Electric (688698) recorded a net inflow of 118 million yuan from institutional investors [5] Group 4: ETF Performance - The Food and Beverage ETF (product code: 515170) decreased by 3.49% over the last five days, with a net outflow of 18.68 million yuan [7] - The Gaming ETF (product code: 159869) saw a slight decline of 0.56% but had a net inflow of 37.89 million yuan [7] - The Semiconductor ETF (product code: 588170) increased by 13.14% over the last five days, with a net inflow of 12.97 million yuan [7]

Group 1 - Inno Laser increased by 11.02% [1] - Huanghe Xuanfeng rose by 9.24% [1] - *ST Yazhen saw a rise of 5.0% [1] - World, Power Diamond, and Hengsheng Energy all experienced gains exceeding 2% [1]

Group 1 - The cultivated diamond sector experienced a significant rise at the beginning of trading, with Huanghe Xuanfeng hitting the daily limit up [1] - In addition to Huanghe Xuanfeng, Inno Laser surged over 10%, indicating strong market interest [1] - Other companies in the sector, including Power Diamond, Huifeng Diamond, World, and Sifangda, also saw increases in their stock prices [1]

中国经济网北京9月23日讯 英诺激光(301021.SZ)昨晚发布关于股东减持计划实施完毕的公告显示，公司收到股东 德泰国际投资集团有限公司（以下简称"德泰投资"）、宿迁红粹企业管理合伙企业（有限合伙）（以下简称"红粹投 资"）、宿迁荟商企业管理合伙企业（有限合伙）（以下简称"荟商投资"）及淮安艾泰投资合伙企业（有限合伙）（以 下简称"艾泰投资"）分别出具的《关于股份减持计划实施完毕的告知函》。 公司分别于2025年6月23日、2025年7月14日披露了《关于股东减持股份的预披露公告》（2025-033、2025- 034），大股东红粹投资、股东荟商投资、控股股东德泰投资和股东艾泰投资分别计划自减持公告披露之日起15个交 易日后的90个自然日内减持公司股份不超过2,272,390股（不超过公司扣除回购账户后总股本比例1.5%）、2,460,100股 （不超过公司扣除回购账户后总股本比例1.62%）、2,272,000股（不超过公司扣除回购账户后总股本比例1.50%）、 1,564,405股（不超过公司扣除回购账户后总股本比例1.03%）。 截至2025年9月18日，本次减持计划已实施完毕。 英诺激光公告显示， ...

Core Insights - The ultraviolet laser industry is experiencing rapid growth due to its precision and energy control characteristics, particularly in high-tech fields such as semiconductors, consumer electronics, and biomedical applications [1][9] - The market size of China's ultraviolet laser industry is projected to grow from 1.9 billion yuan in 2018 to 5.308 billion yuan in 2024, with a compound annual growth rate (CAGR) of 18.68% [1][9] - The demand for ultraviolet lasers is expected to expand further with the development of emerging technologies like 5G, artificial intelligence, and the Internet of Things [1][9] Industry Overview - Ultraviolet lasers are defined as lasers with output wavelengths ranging from 10 to 400 nm, suitable for research, industrial applications, and OEM system integration [3] - The ultraviolet laser industry is supported by various national policies aimed at promoting key technologies and encouraging the development of laser medical devices [5] Industry Chain - The ultraviolet laser industry chain consists of upstream raw materials (optical materials, optical components, mechanical parts, etc.), midstream production and manufacturing, and downstream applications in fields such as medical devices, semiconductor testing, and communications [6][7] Market Size and Growth - The Chinese optical chip market is also expanding, with its size projected to grow from 8.23 billion yuan in 2019 to 15.86 billion yuan in 2024, reflecting a CAGR of 14.02% [8] - The medical device market in China is expected to reach approximately 1.13 trillion yuan in 2024, growing by 9.09% year-on-year [8] Competitive Landscape - The global ultraviolet laser market is growing rapidly, with significant demand in Asia, particularly in Japan and South Korea, while Europe maintains stable demand and North America continues to see strong growth driven by technological innovation [10] - Key domestic companies in the ultraviolet laser sector include Inno Laser, Han's Laser, Raycus Laser, and Huagong Tech, which are increasing their R&D investments to enhance product performance and market share [10] Development Trends - The industry is focusing on high power, high repetition frequency, and high precision as key development trends [12][13][14] - High power ultraviolet lasers are increasingly demanded for precision manufacturing and aerospace applications, while high repetition frequency lasers are enhancing processing efficiency in semiconductor and OLED applications [12][13] - High precision remains a core pursuit, with advancements aimed at achieving sub-micron processing accuracy and low line width in applications such as PCB drilling and medical device micro-processing [14]

Summary of Key Points Core Viewpoint - On September 22, a total of 29 A-share listed companies disclosed share reduction plans, indicating a trend of insider selling in the market [1]. Group 1: Companies with Share Reduction Plans - Kaidi Co., Ltd. plans to reduce its shares by no more than 380,300 shares [3]. - Rihai Intelligent's largest shareholder intends to reduce its stake by no more than 2.77% [3]. - Xilong Science's controlling shareholders plan to collectively reduce their shares by no more than 3% [3]. - Aopu Optoelectronics' controlling shareholder has completed its reduction plan [3]. - Rijiu Optoelectronics' controlling shareholder, Chen Xiaoli, plans to reduce no more than 3% of the company's shares [3]. - Demingli's controlling shareholder has completed its reduction plan [3]. - Zhongshe Co., Ltd.'s shareholder Chen Fengjun intends to reduce no more than 1% of the company's shares [3]. - Henghui Security's shareholders plan to collectively reduce no more than 2.34% of the company's shares [3]. - Debang Technology's National Integrated Circuit Industry Investment Fund recently reduced its stake by 0.65% [3]. - Chuangli Group's director and deputy general manager, Geng Weidong, plans to reduce no more than 0.6956% of the company's shares [3]. - Zhongdian Electric's shareholder Wang Jiankai intends to reduce no more than 3% of the company's shares [3]. - SF Express' shareholder Liu Jilu plans to transfer no more than 7 million A-shares to his son-in-law [3]. - Tianqin Equipment's shareholder Zhang Peng plans to reduce no more than 1% of the company's shares [3]. - Shuijing Optoelectronics' shareholder Shen Gai Zhen intends to reduce no more than 0.99% of the company's shares [3]. - Yingfite's controlling shareholder plans to reduce no more than 2.82% of the company's shares [3]. - Baicheng Medical's part of the board and supervisors plan to reduce their shares [3]. - Guangting Information's SAIC Venture Capital plans to transfer 3.16% of the company's shares to SAIC Group [3]. - Sihui Fushi's controlling shareholder and its concerted parties recently reduced a total of 385,200 shares [3]. - Baolong Technology's director Wang Shengquan plans to reduce no more than 0.11% of the company's shares [3]. - Saiwei Electronics' National Integrated Circuit Industry Investment Fund recently reduced a total of 6.3481 million shares [3]. - Rizhao Port's Shandong Energy plans to reduce no more than 3% of the company's shares [3]. - Xuelong Group's shareholder Ningbo Lianzhan plans to reduce no more than 1.95% of the company's shares [3]. - China Electric Research's shareholder Kaitian Investment plans to transfer 8.09 million shares [3]. - Lianxiang Co., Ltd.'s shareholders plan to reduce no more than 2.58% and 1.16% of the company's shares [3]. - Yingnuo Laser's shareholder reduction plan has been completed [3]. - Zhejiang Pharmaceutical's shareholder Guotou Gaoke plans to reduce no more than 1% of the company's shares [3]. - Dingyang Technology's shareholders plan to transfer 3.184 million shares, accounting for 2% of the total share capital [3]. - Sanyou Medical's shareholder QM5 LIMITED plans to transfer 6.67 million shares, accounting for 2% of the total share capital [3].