1月5日，A股市场高开高走迎来2026年开门红，创业板指领涨，沪指重回4000点上方，录得十二连阳。 板块层面，商业航天概念反复活跃，雷科防务（002413）4连板，中国卫通（601698）5天3板，当虹科 技、谱尼测试（300887）、云汉芯城（301563）、西测测试（301306）等多股20CM涨停，海格通信 （002465）、银河电子（002519）、高德红外（002414）、北斗星通（002151）等20股涨停。 消息面上，据央视新闻报道，中国航天的新蓝图正在展开。载人登月项目将展开多项试验，嫦娥七号将 奔赴月球南极寻找水冰存在的证据，多型新火箭将首飞并挑战回收。中国航天正朝着建设航天强国的目 标开启新的征程。 开源证券研究所指出：SpaceX、天兵科技等国内外头部商业航天企业均计划于2026年推进IPO进程。在 政策支持与产业发展的双重共振下，商业航天领域已成为资本市场瞩目的新热点。 开源证券认为，脑机接口将定义人形机器人的人机交互新范式，探索人脑作为机器人大脑可能性，构建 人机融合的终极生态。近期脑机接口利好不断，印证了脑机接口技术预计将在2026年迈向商业化，并从 医疗刚需向AI应用、机器人等 ...

Market Overview - On the first trading day of 2026, the three major indices in A-shares experienced significant gains, with the Shanghai Composite Index rising by 1.38% and returning to the 4000-point mark, while the Shenzhen Component Index and the ChiNext Index increased by 2.24% and 2.85% respectively. The total market turnover reached approximately 2.57 trillion yuan, an increase of over 500 billion yuan compared to the previous trading day, with more than 4100 stocks rising [2]. Sector Performance - The storage chip sector showed strong performance, with leading stock Zhaoyi Innovation seeing a net inflow of 2.046 billion yuan, the highest in A-shares, and closing at a limit-up price of 235.68 yuan per share, giving it a total market capitalization of 157.4 billion yuan. Zhaoyi Innovation's stock price increased by 101.17% in 2025 [4][6]. - Other stocks in the storage chip sector, such as Hengluo Co., Yunhan Chip City, and Puran Co., also reached their daily limit-up prices, indicating a robust rally in this sector [6]. Price Trends and Forecasts - According to research from Guojin Securities, the prices of storage chips are expected to surge due to strong AI demand, with DDR4 16Gb prices projected to rise by 1800%, DDR5 16Gb by 500%, and 512Gb NAND flash by 300% in 2025. The global demand for storage chips is anticipated to remain high in 2026, leading to continued price increases [9]. - Research from招商证券 indicates that the expansion of storage and advanced process capacities driven by AI demand will accelerate in 2026-2027, benefiting domestic equipment manufacturers with a strong order flow [9]. Brain-Computer Interface Sector - The brain-computer interface sector experienced a significant surge, with stocks like Beiyikang and Botao Bio reaching their daily limit-up prices. This sector was the top performer on the Tonghuashun gainers list [10][11]. - The announcement by Elon Musk regarding Neuralink's plans to start large-scale production of brain-computer interface devices in 2026, along with nearly fully automated surgical procedures, marks a significant milestone for the sector, transitioning it from a "medical trial tool" to a "widely available product" [11]. Market Outlook - According to招商证券, the A-share market is expected to continue its upward trend in January, with an increased probability of hitting new highs. Factors contributing to this outlook include accelerated issuance of local government special bonds and improved government spending and investment data [15]. - The report suggests that the focus in January will be on performance disclosures, with particular attention to sectors such as commercial aerospace, AI applications, AI computing power, and semiconductor equipment, as well as consumer services and non-bank financials [16].

Market Overview - The Shanghai Composite Index closed at 4018.63 points, above the five-day moving average, with an increase of 1.25% [1] - The total trading volume of A-shares reached 24,812.35 billion yuan [1] Stocks Performance - A total of 1,955 A-shares have surpassed the five-day moving average, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - BeiYikang (18.85% deviation rate, 29.98% increase, latest price 44.96 yuan) [1] - WeiSi Medical (15.01% deviation rate, 20.00% increase, latest price 58.08 yuan) [1] - ChengYiTong (14.78% deviation rate, 19.98% increase, latest price 23.06 yuan) [1] Additional Notable Stocks - Other stocks with significant performance include: - GuanHao Biological (14.72% deviation rate, 20.00% increase, latest price 16.62 yuan) [1] - DiNaiKe (14.64% deviation rate, 20.00% increase, latest price 17.76 yuan) [1] - MeiHao Medical (14.46% deviation rate, 20.00% increase, latest price 28.86 yuan) [1] Trading Metrics - The trading turnover rates for the top performing stocks vary, with BeiYikang at 12.85% and WeiSi Medical at 7.20% [1] - The five-day moving average prices for these stocks range from 14.49 yuan to 282.35 yuan [1][2]

Core Insights - Yunhan Chip City has transformed the traditional distribution model of electronic components into a value-driven business worth billions by addressing the "small, scattered, urgent" demands of small and medium enterprises through an industrial internet model [1][5][6] - The company has successfully served 160,000 small and medium enterprises by providing a one-stop supply chain service, leveraging digitalization to streamline procurement processes [1][2] Company Development - Yunhan Chip City was founded in 2002 as "Yunhan Electronics" in Shenzhen, focusing on traditional electronic component trade, and later transitioned to an online vertical procurement platform in 2011 to meet the fragmented purchasing needs of small manufacturers [2][3] - The platform has accumulated nearly 700,000 registered users and has established a strong customer base over more than a decade [2] Digital Transformation - The company has undergone two key phases: the first focused on online transactions and order digitization, while the second phase has transitioned towards industrial internet capabilities, utilizing accumulated data to enhance production processes for clients [3][4] - A comprehensive data system has been developed, integrating product, transaction, fulfillment, customs, and quality control data to empower the entire electronic industry supply chain [4][6] Competitive Advantage - Yunhan Chip City has built a differentiated competitive edge by addressing the unmet needs of small and medium enterprises, which require small-batch, multi-variety components during the R&D phase [5][6] - The platform's extensive data accumulation since its inception in 2011 has created a significant barrier to entry for competitors, enhancing its attractiveness to upstream suppliers and downstream clients [6][7] Market Performance - In the first three quarters of 2025, the company reported a revenue of 2.229 billion yuan, a year-on-year increase of 20.68%, and a net profit of 81.46 million yuan, up 46.74% [8] - The company aims to deepen its market penetration by converting existing small-batch customers into large-batch clients and expanding its presence in the domestic and global markets [8][9] Future Directions - The company plans to enhance its promotion of domestic chip alternatives, accelerate its global market expansion, and continue its digital and intelligent upgrades to strengthen its core competitiveness [9][10] - The integration of artificial intelligence technologies is expected to further improve service efficiency and quality control within the supply chain [9][10]

Industry Overview - The storage chip sector is experiencing significant activity, with companies like Cloud Han Chip City and others seeing stock price increases of over 10% [1] - Major North American cloud service providers (CSPs) such as Google, Meta, Microsoft, and Amazon AWS are expanding their investments in AI infrastructure, with total investments expected to reach a historical high of $600 billion by 2026 [1] Price Forecast - Strong demand for AI is projected to drive substantial increases in storage chip prices by 2025, with DDR4 16Gb prices expected to rise by 1800%, DDR5 16Gb by 500%, and 512Gb NAND flash by 300% [1] - Guojin Securities forecasts that global storage chips will remain in short supply throughout 2026, leading to continued price increases [2] Supply and Demand Dynamics - For 2026, DRAM bit supply is expected to grow by approximately 15% to 20%, while demand growth is anticipated to reach 20% to 25% [2] - NAND bit supply is projected to increase by 13% to 18%, with demand growth expected to be between 18% and 23% [2] - The consumption of DRAM and NAND flash in the server sector is predicted to surge by 40% to 50% year-on-year, with even faster growth in AI server applications [2] Price Increase Predictions - In Q1 2026, storage contract prices are expected to continue rising, with increases projected at 30% to 40% [2] - Prices for DDR5 RDIMM memory are anticipated to rise by over 40%, while NAND flash prices are expected to see double-digit percentage increases [2] - Enterprise-grade SSD prices are also forecasted to increase by 20% to 30% [2]

Group 1 - The core viewpoint of the news is that Yunhan Chip City (sz301563) reached its daily limit with a price of 183.9 yuan, marking a 20% increase and a total market capitalization of 11.975 billion yuan [1] - The company has significantly improved its governance by revising 11 core governance systems and electing a new board, achieving a 33% independent director ratio [2] - Yunhan Chip City adjusted its fundraising projects to focus on core business developments such as big data centers and component trading platform upgrades, ensuring the safe and compliant use of raised funds through special accounts and four-party supervision agreements [2] Group 2 - The company completed its IPO on the ChiNext board in 2025, successfully raising 440 million yuan with a price-to-earnings ratio of 20.91, which is lower than the industry average, enhancing its capital strength [2] - The stability of the core management team, including Chairman Zeng Ye and President Liu Yunfeng, contributes to strategic continuity and supports ongoing business development [2] - Yunhan Chip City operates a self-built B2B online mall, providing one-stop supply chain services for the electronic manufacturing industry, which has a promising development outlook and high market demand for related services [2]

证券代码：301563 证券简称：云汉芯城 公告编号：2025-024 云汉芯城（上海）互联网科技股份有限公司 关于全资子公司设立募集资金专项账户并签署募集资金四方 监管协议的公告 为规范公司募集资金的使用和管理，保护投资者的权益，根据《上市公司 募集资金监管规则》《深圳证券交易所创业板股票上市规则》《深圳证券交易 所上市公司自律监管指引第2号——创业板上市公司规范运作》等法律法规及公 司《募集资金管理制度》的相关规定，公司对募集资金的存放和使用进行专户 管理。截至本公告披露日，云汉软件在北京银行股份有限公司上海分行设立了 募集资金专户，且公司、云汉软件及保荐人国金证券股份有限公司与北京银行 股份有限公司上海分行签署了《募集资金四方监管协议》。本次募集资金专户 的开立和存储情况如下： | 开户名称 | 开户银行名称 | 专户账号 | 专户余额 | 募集资金用 途 | | --- | --- | --- | --- | --- | | | | | （人民币元） | | | 上海云汉软 件技术有限 | 北京银行股份 | | | 大数据中心 及元器件交 | | | 有限公司上海 分行 | 2000010906400 ...

Core Viewpoint - Yunhan Chip City experienced a 3.13% increase in stock price on December 22, with a trading volume of 296 million yuan, indicating positive market sentiment towards the company [1]. Financing Summary - On December 22, Yunhan Chip City had a financing buy-in amount of 19.09 million yuan, while the financing repayment was 22.87 million yuan, resulting in a net financing outflow of 3.79 million yuan [1]. - As of December 22, the total financing and securities balance for Yunhan Chip City was 140 million yuan, which represents 6.54% of its market capitalization [1]. - There were no shares sold or repaid in the securities lending market on December 22, with a remaining balance of 0 yuan [1]. Company Overview - Yunhan Chip City (Shanghai) Internet Technology Co., Ltd. was established on May 7, 2008, and is located in Songjiang District, Shanghai [1]. - The company operates a B2B online mall that provides a one-stop supply chain service for the electronic manufacturing industry, leveraging digital and internet technologies [1]. - The main revenue composition includes semiconductor devices (56.14%), connectors (17.35%), passive components (16.05%), and other services (10.19%) [1]. Financial Performance - For the period from January to September 2025, Yunhan Chip City achieved a revenue of 2.229 billion yuan, reflecting a year-on-year growth of 20.68% [2]. - The net profit attributable to the parent company for the same period was 81.46 million yuan, representing a year-on-year increase of 46.74% [2]. - As of September 30, the number of shareholders reached 26,400, an increase of 776.53% compared to the previous period [2].

Core Viewpoint - The "Annual Excellence in Innovation IPO" award recognizes companies that have demonstrated significant achievements in product, model, and organizational innovation over the past year, highlighting their ability to keep pace with market trends through continuous innovation [4]. Group 1: Award Recipients - Six companies were awarded the "Annual Excellence in Innovation IPO" award: MIRXES-B (02629.HK), Wuyi Vision (06651.HK), Yino Pharma (02591.HK), Yunhan Chip City (301563.SZ), Yunjing (02670.HK), and Yunzhisheng (09678.HK) [1]. - The ranking of the awarded companies is not in any specific order and is based on the first letter of their names [1]. Group 2: Evaluation Criteria - The evaluation for the award was based on quantitative data analysis and assessments from an expert review panel [4]. - The award aims to create a valuable reference list of listed companies and unicorns within the investment community, covering all companies listed on major exchanges including the Hong Kong Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, New York Stock Exchange, and NASDAQ [4].

证券日报网讯12月22日，云汉芯城（301563）在互动平台回答投资者提问时表示，公司正在拓展海外市 场，并持续关注北美等市场的机遇，具体客户供应链情况请以公司公告为准。针对北美市场的技术支持 与品控要求，公司已构建专业服务体系：1)技术支持适配：依托电子产品方案设计服务能力，公司可为 客户提供从选型设计到方案验证的全流程支持，通过FAE团队深度参与客户开发周期，缩短设计验证时 间；2)品质保障体系：子公司深圳汉云拥有CNAS认证的电子元器件检测实验室，围绕半导体及集成电 路器件等器件所出具的DPA内部目检、外部目检、功能特性检测等多个项目结果将得到国际互认。公司 将持续优化技术响应机制与品控标准，为全球化合作奠定坚实基础。 ...