Core Insights - Jiangbolong's stock price increased by 6.21% on November 11, with a trading volume of 8.474 billion yuan [1] - The company reported a financing net purchase of 2.57 billion yuan on the same day, indicating strong investor interest [1] - As of November 11, the total margin balance for Jiangbolong reached 2.918 billion yuan, which is at a high level compared to the past year [1] Financing and Margin Data - On November 11, Jiangbolong had a financing buy amount of 1.464 billion yuan and a financing repayment of 1.207 billion yuan [1] - The current financing balance of 2.892 billion yuan accounts for 2.29% of the circulating market value, exceeding the 90th percentile level over the past year [1] - The company also had a short selling activity with 1,600 shares repaid and 1,400 shares sold, with a short selling balance of 25.9479 million yuan, also at a high level [1] Company Overview - Jiangbolong Electronics Co., Ltd. was established on April 27, 1999, and went public on August 5, 2022 [1] - The company specializes in the research, design, and sales of semiconductor storage application products, with 99.99% of its revenue coming from storage products [1] Financial Performance - For the period from January to September 2025, Jiangbolong achieved a revenue of 16.734 billion yuan, representing a year-on-year growth of 26.12% [2] - The net profit attributable to the parent company was 713 million yuan, reflecting a year-on-year increase of 27.95% [2] Shareholder and Dividend Information - As of September 30, 2025, Jiangbolong had 43,800 shareholders, an increase of 25.06% from the previous period [2] - The company has distributed a total of 302 million yuan in dividends since its A-share listing, with 104 million yuan in the last three years [3] - The eighth largest circulating shareholder is Hong Kong Central Clearing Limited, which increased its holdings by 4.8541 million shares [3]

证券时报·数据宝统计显示，具体到个股，11月11日共有1822只股获融资净买入，净买入金额在千万元 以上的有523只，其中28只融资净买入额超亿元。宝丰能源融资净买入额居首，当日净买入2.68亿元， 其次是江波龙、中国中免，融资净买入金额分别为2.57亿元、2.52亿元，融资净买入金额居前的还有佰 维存储、阳光电源、东山精密等。 分行业统计，获融资客净买入超亿元个股中，电子、电力设备、有色金属等行业最为集中，分别有7 只、4只、3只个股上榜。板块分布上，大手笔净买入个股中，主板有19只，创业板有7只，科创板有2 只。 融资客大手笔净买入个股中，从最新融资余额占流通市值比例看，算术平均值为5.17%，融资余额占比 最高的是国科微，该股最新融资余额24.53亿元，占流通市值的比例为12.51%，融资余额占比较高的还 有苏州天脉、东方财富、协创数据，占比分别为9.97%、8.38%、7.61%。（数据宝） 截至11月11日，市场融资余额合计2.49万亿元，较前一交易日增加40.08亿元，其中，沪市融资余额 12631.97亿元，较前一交易日增加31.98亿元；深市融资余额12160.68亿元，较前一交易日增加8.2 ...

Core Insights - On November 11, a total of 3,742 stocks in the A-share market received financing purchases, with 456 stocks having purchase amounts exceeding 100 million yuan [1] - The top three stocks by financing purchase amount were Yangguang Electric, Zhongji Xuchuang, and Xinyisheng, with amounts of 2.895 billion yuan, 2.29 billion yuan, and 1.815 billion yuan respectively [1] - Four stocks had financing purchase amounts accounting for over 30% of the total transaction amount for the day, with Leit Technology, Haocen Software, and Anda Intelligent ranking highest at 30.95%, 30.85%, and 30.61% respectively [1] - There were 28 stocks with net financing purchases exceeding 100 million yuan, with Baofeng Energy, Jiangbolong, and China Duty Free ranking highest with net purchases of 268 million yuan, 257 million yuan, and 252 million yuan respectively [1]

尊敬的投资者，您好。存货的成本计价是当月末综合月初库存和当月新增入库存货的加权平均后计价。 对于PTM模式的具体交易，我们会严格根据其经济实质和合同约定，遵循会计准则，通过专业判断来 确定最恰当的会计核算方法。感谢您对公司的关注。查看更多董秘问答>> 免责声明：本信息由新浪财经从公开信息中摘录，不构成任何投资建议；新浪财经不保证数据的准确 性，内容仅供参考。 投资者提问： 领导好，看到贵司发出存货的计价方法是按照月末一次加权平均法计价，请问如果部分类别产品月初库 存余额小于当月发出货物的情况下，存货计价方式是怎么样的？此外，请问公司PTM模式收入是以全 额法还是净额法计算？谢谢 董秘回答(江波龙SZ301308)： ...

Core Insights - Storage product prices have not significantly decreased during the Double Eleven shopping festival, with some products even increasing in price compared to early November [3][4][5] - The price of DRAM and NAND flash memory has been rising due to increased demand from AI computing, leading to a supply shortage in the market [6][7] Price Trends - Many storage products on Tmall and JD have seen price increases since October, with some products experiencing price hikes of over 40% [5][6] - Specific examples include: - A G.Skill DDR5 24G×2 memory kit priced at 1899 yuan, up 400 yuan since early October [3] - An Adata DDR5 16G memory stick currently priced at 759 yuan, compared to 499-799 yuan in late October [4] - A Samsung DDR5 16G memory stick now at 849 yuan, up from below 500 yuan in early October [5] Market Dynamics - The increase in storage prices is attributed to a structural shift in production capacity towards server storage, impacting the supply for mobile and PC products [7] - TrendForce reports that the average price of DDR5 16G memory has risen by 4.24%, exceeding 23 USD, indicating a broader trend of price increases in the memory market [6][7] Stock Performance - Companies in the storage sector, such as Jiangbo Long, have seen stock prices rise significantly, with Jiangbo Long's stock increasing by 6.21% to reach a historical high [7] - Other related stocks have experienced fluctuations, with some, like Zhaoyi Innovation, seeing slight declines after reaching high prices [7]

Core Viewpoint - The article discusses the recent structural opportunities in the market driven by AI, highlighting significant movements in various sectors, particularly in the cultivated diamond and photovoltaic industries [3][9]. Group 1: AI-Driven Market Opportunities - The AI power infrastructure chain, including solid-state transformers, gas turbines, and solid oxide fuel cells, has seen substantial gains recently [3]. - The cultivated diamond sector has experienced a surge, with leading stocks like Sifangda and World achieving significant price increases, with Sifangda hitting a 20% limit up [6][9]. - The storage chip sector remains active, with companies like Shenkong and Jiangbolong reaching historical highs [3]. Group 2: Cultivated Diamond Sector Insights - Cultivated diamonds, which are synthetic diamonds of gem quality, are increasingly being integrated into various consumer and industrial applications, including fashion items and high-tech fields [9]. - The demand for cultivated diamonds is driven by advancements in semiconductor technology, particularly in the context of fourth-generation semiconductor materials and diamond cooling solutions [9][10]. - The diamond cooling technology is expected to enhance the performance of electronic devices significantly, with potential cost savings in data centers [10]. Group 3: Photovoltaic Sector Developments - The photovoltaic sector has shown strong performance, with companies like Zhonglai and Xiexin experiencing notable stock price increases [13][15]. - Recent advancements include a new perovskite solar cell prototype achieving a conversion efficiency of 27.2%, which could support the commercialization of this technology [15]. - The National Development and Reform Commission has outlined new guidelines to promote renewable energy consumption, aiming for a more efficient integration of renewable resources by 2035 [15].

来源：上海证券报·中国证券网 当日，存储芯片概念股继续上涨。消息面上，闪存龙头闪迪（SanDisk）11月将大幅调涨NAND闪存合 约价格，涨幅高达50%，引发整个存储供应链震动。 江波龙是一家全球领先的集研发设计、封装测试、生产制造及销售服务于一体的创新存储解决方案制造 商，以存储技术创新为根本，为全球客户提供高端、灵活、高效的全栈定制服务。 上证报中国证券网讯（记者 何昕怡）11月11日，江波龙开盘后不断震荡走高，摸高315.60元，涨超 11%，再创历史新高。截至10:57，江波龙上涨10.21%，报313.08元/股。 ...

江波龙涨8.46%，报308.1元/股，股价再创新高，总市值突破1291.38亿元，成交额达27.84亿元。（AI生 成） ...

Core Viewpoint - The A-share market experienced fluctuations around the 4000-point mark, with significant movements in the new energy sector, particularly in photovoltaic and superhard materials, leading to notable stock performances [1][2]. New Energy Sector - The new energy sector saw a strong surge, with the photovoltaic segment leading the way, particularly in perovskite batteries and HJT batteries, resulting in multiple stocks hitting the daily limit up [7][9]. - Key stocks included Zhonglai Co., Ltd. (300393) with a 20.06% increase, and several others like Tuojin New Energy (002218) and Xiexin Integration (002506) achieving around 10% gains [8]. Superhard Materials Sector - The superhard materials sector experienced a collective rise, with the cultivated diamond concept stocks increasing by over 10%, driven by a recent announcement from the Ministry of Commerce and the General Administration of Customs regarding the suspension of export controls on related items [3][4]. - Notable performers included Sifangda (300179) with a 19.99% increase and Huifeng Diamond (920725) with a 17.05% rise [4]. Storage Chip Sector - The storage chip concept stocks continued to strengthen, with Jiangbolong (301308) rising by 11.31%, reaching a new historical high [13][14]. Industrial Robotics - The market share of domestic industrial robots in China has surpassed 50% for the first time, reaching 58.5%, with a projected annual growth rate of 33.1% during the 14th Five-Year Plan period [16].

Group 1 - SanDisk has significantly raised NAND flash contract prices by 50% in November, marking at least the third price increase this year, following a 10% increase in April and another 10% increase in September [1] - The profitability of leading companies in the storage industry has been on the rise, with Jiangbolong's net profit for Q1, Q2, and Q3 of 2025 projected at -152 million, 167 million, and 698 million respectively, while Zhaoyi Innovation's net profit for the same periods is expected to be 235 million, 341 million, and 508 million [1] - The demand for storage products driven by the AI industry is expected to lead to shortages that may last until at least 2027, with DRAM demand stabilizing only after 2027 and NAND Flash and high-capacity storage demand potentially continuing until 2028 or longer [1] Group 2 - The technology sector is experiencing a consolidation phase, with storage chips showing localized activity; Jiangbolong has surged over 11%, while Zhaoyi Innovation rose by more than 3% [2] - The electronic ETF (515260) attracted 6.64 million in a single day, indicating that investors are optimistic about the sector's future and are looking to enter during price dips [2] Group 3 - The electronic ETF (515260) and its linked funds track the electronic 50 index, heavily investing in semiconductor and consumer electronics industries, including AI chips, automotive electronics, 5G, cloud computing, and printed circuit boards (PCB) [4] - The Chinese government is pushing for self-sufficiency in the semiconductor industry, supported by top-level policies and industry-specific measures, which may lead to a rise in the electronic sector [5]