证券代码：301308 证券简称：江波龙 公告编号：2025-079 深圳市江波龙电子股份有限公司 关于股东解除一致行动关系暨权益变动的提示性公告 股东蔡华波先生、蔡丽江女士、宁波龙熹一号自有资金投资合伙企业（有限合 伙）、宁波龙乙自有资金投资合伙企业（有限合伙）、宁波龙熹三号自有资金投资 合伙企业（有限合伙）、宁波龙舰自有资金投资合伙企业（有限合伙）、宁波龙熹 五号自有资金投资合伙企业（有限合伙）保证向本公司提供的信息内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 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、本次权益变动系股东宁波龙熹一号自有资金投资合伙企业（有限合伙） （以下简称"龙熹一号"）、宁波龙乙自有资金投资合伙企业（有限合伙）（以下 简称"龙熹二号"）、宁波龙熹三号自有资金投资合伙企业（有限合伙）（以下简 称"龙熹三号"）、宁波龙舰自有资金投资合伙企业（有限合伙）（以下简称"龙 舰管理"）、宁波龙熹五号自有资金投资合伙企业（有限合伙）（以下简称"龙熹 五号"） （以下合称"员工持股平台"）的普通合伙人暨执行事务合伙 ...

Core Viewpoint - The storage chip market is experiencing a significant price surge, driven by increased demand from AI data centers, leading to higher costs for end products and potential price hikes in consumer electronics [1][11][12]. Price Surge and Market Dynamics - The price of memory modules has increased dramatically, with some products seeing a nearly 70% rise in just one month [3]. - A specific DDR5 memory module rose from approximately 1000 RMB to 1679 RMB within a month, indicating a strong upward trend in pricing [3]. - The current market conditions are characterized by a lack of inventory, with many products showing as out of stock, leading to rapid price fluctuations [4]. Supply Chain and Manufacturer Impact - Chip procurement is becoming increasingly volatile, with prices changing daily and significant increases noted in the cost of storage materials [4][5]. - Major manufacturers like Samsung and SK Hynix are benefiting from this price increase, reporting substantial revenue and profit growth [7][8]. - The financial performance of storage module manufacturers has also improved significantly, with companies like Jiangbolong and Bawei Storage reporting revenue increases of over 50% [8]. Consumer Electronics and Pricing Pressure - The rising costs of storage components are expected to lead to increased prices for smartphones and laptops, with estimates suggesting a 5-15% increase in retail prices [9][10]. - Several smartphone manufacturers have already begun raising prices, citing increased storage costs as a primary factor [10]. Future Outlook and Demand Trends - The demand for storage products is expected to remain strong, particularly due to the ongoing growth in AI and data center requirements, with projections indicating that this trend will continue until at least the end of 2026 [11][13]. - Analysts predict that the fourth quarter will see further price increases for DRAM and NAND flash memory due to limited supply and heightened demand from cloud service providers [12].

在半导体存储技术日新月异的今天，中国存储企业正以前所未有的速度崛起，不断推动着行业边界的拓 展。近日，存储上市公司江波龙以创新的"Office is Factory"灵活制造商业模式，推出了集成封装mSSD （Micro SSD），以卓越的性能和灵活的设计，重新定义了SSD的标准，为存储定制市场带来了革命性 的变化。 灵活扩展：满足多元需求的利器 mSSD在形态创新上同样不遗余力，其20×30mm的小尺寸设计使拓展安装更加灵活，同时可以兼容M.2 2230规格。产品提供512GB至4TB的多档容量选择，并创新性地配备卡扣式散热拓展卡，无需工具即可 灵活适配M.2 2280、M.2 2242、M.2 2230等主流规格，实现了SKU的多合一。这种设计极大地增强了客 户端的兼容性，降低了维护成本，使得存储定制变得更加简单高效。无论是AI、人形机器人、PC笔 电、游戏掌机扩容，还是无人机、VR设备等高负载应用场景，mSSD都能轻松应对，展现出强大的适应 性和灵活性。 绿色环保：可持续发展的承诺 在追求高性能的同时，mSSD也不忘对环境的责任。其生产流程直接避免了SMT环节中的高能耗工序， 显著降低了能源消耗与碳排放 ...

11月18日，江波龙跌5.22%，截至发稿，报272.72元/股，成交13.37亿元，换手率1.75%，总市值1143.09 亿元。 资料显示，深圳市江波龙电子股份有限公司位于深圳市前海深港合作区南山街道听海大道5059号鸿荣源 前海金融中心二期B座2001、2201、2301,中国香港新界沙田安睦街28号永得利中心7楼B室，成立日期 1999年4月27日，上市日期2022年8月5日，公司主营业务涉及半导体存储应用产品的研发、设计与销 售。主营业务收入构成为：存储产品及相关99.99%，其他(补充)0.01%。 从基金十大重仓股角度 数据显示，国融基金旗下1只基金重仓江波龙。国融融盛龙头严选混合A（006718）三季度持有股数 14.85万股，占基金净值比例为3.86%，位居第九大重仓股。根据测算，今日浮亏损失约222.9万元。 国融融盛龙头严选混合A（006718）成立日期2019年5月29日，最新规模1.33亿。今年以来收益 13.48%，同类排名5290/8140；近一年收益8.84%，同类排名5992/8057；成立以来收益117.5%。 国融融盛龙头严选混合A（006718）基金经理为周德生。 截至 ...

Group 1 - The storage chip sector experienced a sharp rise followed by a decline, with Maiwei Co., Ltd. and Chengbang Co., Ltd. both dropping over 6% [1] - Shannon Semiconductor fell more than 4%, while Jiangbolong, Haoshanghao, and Huahaikongke also saw declines [1]

两市共有4只股票融资净买入额占总成交金额比例超10%，其中泰福泵业、鲁阳节能、安联锐视排名前三，占比分别为19.5%、 15.89%、12.74%。 | 股票代码 股票 | | 收盘 | | 融资净买 融资净买入占比 涨跌幅 | | 板块 | | --- | --- | --- | --- | --- | --- | --- | | 简称 | | 价 | 入额 长 | (%) | (%) | | | | | | (亿元) | | | | | 300992.SZ | 泰福泉 | 25.5 | 0.7 | 19.5 | 3.11 | 机械 | | ー | | | | | | 设备 | | 002088.SZ | 鲁阳节 | 12.61 | 0.41 | 15.89 | 7.69 | 建筑 | | | 能 | | | | | 材料 | | --- | --- | --- | --- | --- | --- | --- | | 301042. | 女妖锐 视 | 66.1 | 1.07 | 12.74 | 8.36 | 机 | | 688125.SH | 安达智 | 66.06 | 0.37 | 11.93 | 3. ...

Group 1 - The core viewpoint of the articles highlights a structural and long-term shortage in the global storage industry due to increased AI investments by North American cloud service providers, leading to a significant supply gap in HDDs and a surge in demand for high-capacity QLC SSDs [2] - Major DRAM manufacturers such as SK Hynix, Samsung, and Micron, along with NAND manufacturers like Kioxia and Yangtze Memory Technologies, have seen their capacities fully utilized, indicating that the shortage issue is unlikely to be resolved in the short term, with relief expected only by the end of 2026 [2] - A-share storage module companies are currently prioritizing inventory management over order fulfillment, as the production cycle from wafer procurement to sales impacts profit margins positively when storage wafer prices rise, making inventory a critical asset [2] Group 2 - Among A-share storage module companies, Jiangbo Long leads in inventory with 8.51687 billion yuan, followed by Baiwei Storage, Demingli, Wanrun Technology, Langke Technology, and Tongyou Technology with inventories of 5.69514 billion yuan, 5.93952 billion yuan, 386.74 million yuan, 290.83 million yuan, and 138.24 million yuan respectively [3] - A-share storage module companies have been increasing R&D investments in enterprise storage, high-end consumer storage, overseas business, and self-developed main control chips, which are expected to drive profitability through internal growth factors [3] - Jiangbo Long has the highest R&D investment of 700.86 million yuan for the first three quarters of 2025, followed by Baiwei Storage with 409.93 million yuan, while Demingli, Wanrun Technology, Tongyou Technology, and Langke Technology have significantly lower investments [3] Group 3 - In terms of year-on-year growth rates for R&D investments, Langke Technology shows a notable increase of 32.2264%, followed by Demingli at 25.7229% and Baiwei Storage at 20.9762%, while Jiangbo Long, Wanrun Technology, and Tongyou Technology have much lower or negative growth rates [4] - Jiangbo Long and Baiwei Storage are positioned as leading companies in the industry, with both high inventory levels and R&D investments, which significantly exceed their peers, allowing them to build a competitive moat and widen the gap with competitors [4]

Core Viewpoint - The new energy concept stocks continue to perform strongly, particularly in the power equipment sector, with significant price increases and historical highs being reached by several companies [1][3]. Group 1: Market Performance - In the week of November 10 to 14, over 83 stocks reached historical highs, with a concentration in the power equipment, basic chemicals, and electronics sectors [3]. - The leading company, Siyuan Electric, achieved historical highs 13 times in the last 30 trading days, indicating strong market momentum [1][3]. - The lithium battery supply chain has seen explosive growth, with over 10 related stocks hitting record prices [1]. Group 2: Policy and Demand - The National Energy Administration recently issued guidelines to promote the integrated development of new energy, emphasizing the importance of energy storage [3]. - The demand for energy storage and power batteries has exceeded expectations, with global energy storage battery demand projected to surge by 2025 [4]. - In Q3, China's energy storage lithium battery shipments reached 165 GWh, a year-on-year increase of 65%, indicating robust growth in the sector [3]. Group 3: Supply and Pricing - The lithium battery industry is experiencing a reduction in supply surplus, with some products facing supply tightness [4]. - Prices for lithium hexafluorophosphate have significantly increased, with market quotes reaching 150,000 yuan per ton, doubling since mid-October [4]. - The prices of electrolyte additives like VC and FEC have also risen sharply, with VC prices increasing by 77% since June [4]. Group 4: Trading Volume - The top stocks by trading volume this week included Tebian Electric, Shannon Chip Creation, Jiangbolong, Demingli, and Artis, with trading volumes of 57.22 billion yuan, 52.65 billion yuan, 35.35 billion yuan, 27.33 billion yuan, and 25.20 billion yuan respectively [5]. - Stocks that frequently reached new highs in the last 30 trading days included Shannon Chip Creation and Electric Investment Energy, each hitting new highs 15 times [5].

Core Insights - The new energy concept stocks continue to strengthen, with the power equipment sector seeing significant gains, leading to a total market capitalization exceeding 100 billion yuan for leading companies [1] - The lithium battery industry chain has experienced a collective surge, closely related to favorable policies and improved supply-demand dynamics [2] Group 1: Stock Performance - A total of 83 stocks reached historical highs this week, a decrease from 94 the previous week [1] - Among these, the power equipment, basic chemicals, and electronics sectors had the highest concentration of stocks reaching new highs, with 17, 11, and 11 stocks respectively [1] - The main board had 48 stocks, the Sci-Tech Innovation Board had 14, the Growth Enterprise Market had 18, and the Beijing Stock Exchange had 3 stocks reaching new highs [1] Group 2: Lithium Battery Industry - The lithium battery industry is benefiting from favorable policies, such as the recent guidelines from the National Energy Administration promoting large-scale development and high-level consumption of new energy [2] - In Q3, China's energy storage lithium battery shipments reached 165 GWh, a year-on-year increase of 65% [2] - The supply-demand situation is improving, with some products experiencing supply tightness, while demand for energy storage and power batteries is exceeding expectations [2] Group 3: Price Movements - Prices for lithium hexafluorophosphate have surged, with some market quotes reaching 150,000 yuan per ton, doubling since mid-October [3] - The prices of electrolyte additives VC and FEC have also increased significantly, with VC rising 77% from 48,700 yuan per ton in early June to 86,000 yuan per ton by November 12 [3] - FEC prices increased by 64%, from 33,000 yuan per ton at the end of May to 54,000 yuan per ton by November 12 [3] Group 4: Trading Volume - The stocks with the highest trading volumes this week included TBEA, Shannon Chip, Jiangbolong, Demingli, and Canadian Solar, with trading volumes of 57.22 billion yuan, 52.65 billion yuan, 35.35 billion yuan, 27.33 billion yuan, and 25.20 billion yuan respectively [3] Group 5: Market Capitalization - Among the 83 stocks, six had a market capitalization exceeding 100 billion yuan, with Agricultural Bank of China, Industrial and Commercial Bank of China, Baofeng Energy, Jiangbolong, and TBEA leading the list with market caps of 29,748.56 billion yuan, 29,403.52 billion yuan, 1,421.21 billion yuan, 1,220.01 billion yuan, and 1,195.49 billion yuan respectively [5] Group 6: Stock Price Increases - The stocks with the highest price increases this week included Huasheng Lithium Battery, Haike New Source, Furui Shares, Online and Offline, and Yuegui Shares, with increases of 79.61%, 71.38%, 61.23%, 46.55%, and 36.45% respectively [6]

Core Insights - The new energy concept stocks continue to strengthen, with the power equipment sector seeing significant gains, and the total market capitalization of leading companies exceeding 100 billion [1] - The lithium battery industry chain has experienced a collective surge, closely related to favorable policies and improved supply-demand dynamics [2] Group 1: Market Performance - In the week of November 10 to 14, 83 stocks reached historical highs, a decrease from 94 the previous week [1] - Among the 83 stocks, 17 belong to the power equipment sector, 11 to basic chemicals, and 11 to electronics [1] - The main board had 48 stocks reaching new highs, while the Sci-Tech Innovation Board had 14, the Growth Enterprise Market had 18, and the Beijing Stock Exchange had 3 [1] Group 2: Lithium Battery Sector - The surge in the lithium battery industry is attributed to favorable policies and a positive supply-demand outlook [2] - The National Energy Administration recently released guidelines to promote large-scale development and high-level consumption of new energy, with energy storage identified as a key area [2] - In Q3, China's energy storage lithium battery shipments reached 165 GWh, a year-on-year increase of 65% [2] Group 3: Price Movements - Prices for lithium hexafluorophosphate have surged, with some market quotes reaching 150,000 yuan/ton, doubling since mid-October [3] - The mainstream price of VC (vinylene carbonate) has rebounded by 77% from 48,700 yuan/ton in early June to 86,000 yuan/ton by November 12 [3] - FEC (fluoroethylene carbonate) prices have increased by 64%, from 33,000 yuan/ton at the end of May to 54,000 yuan/ton by November 12 [3] Group 4: Trading Volume and Stock Highlights - The top trading volumes among the 83 stocks included TBEA, Shannon Chip, Jiangbolong, Demingli, and Canadian Solar, with respective volumes of 57.22 billion, 52.65 billion, 35.35 billion, 27.33 billion, and 25.20 billion [3] - Stocks such as Huasheng Lithium Battery, Haike New Source, and Furi Shares saw significant weekly gains of 79.61%, 71.38%, and 61.23% respectively [6] Group 5: Market Capitalization - Among the 83 stocks, six have a market capitalization exceeding 100 billion, with Agricultural Bank of China and Industrial and Commercial Bank of China leading at 29,748.56 billion and 29,403.52 billion respectively [5]