Core Viewpoint - The A-share market's photolithography machine sector showed strong performance on January 8, with several companies experiencing significant stock price increases [1]. Group 1: Stock Performance - Tongcheng New Material and Pulite both reached the daily limit increase of 10% [1]. - Woge Optoelectronics and Huate Gas saw increases of over 6%, while Aerospace Intelligent Manufacturing rose over 5% [1]. - Other companies such as Changqing Technology, Guofeng New Material, Antai Technology, and Jushi Chemical experienced increases of over 4%, with Nanda Optoelectronics rising over 3% [1]. Group 2: Company Data - Tongcheng New Material (603650) had a market cap of 35 billion and a year-to-date increase of 28.52% [2]. - Pulite (002324) had a market cap of 26.1 billion and a year-to-date increase of 46.47% [2]. - Woge Optoelectronics (603773) had a market cap of 8.299 billion and a year-to-date increase of 4.41% [2]. - Huate Gas (688268) had a market cap of 8.479 billion and a year-to-date increase of 22.81% [2]. - Aerospace Intelligent Manufacturing (300446) had a market cap of 23.7 billion and a year-to-date increase of 10.50% [2]. - Changqing Technology (603125) had a market cap of 7.951 billion and a year-to-date increase of 16.35% [2]. - Guofeng New Material (000859) had a market cap of 11.6 billion and a year-to-date increase of 28.16% [2]. - Antai Technology (000969) had a market cap of 24.6 billion and a year-to-date increase of 11.38% [2]. - Jushi Chemical (688669) had a market cap of 3.153 billion and a year-to-date increase of 11.83% [2]. - Chip Source Micro (688037) had a market cap of 39.9 billion and a year-to-date increase of 33.32% [2]. - Nanda Optoelectronics (300346) had a market cap of 39.5 billion and a year-to-date increase of 33.38% [2]. - Kema Technology (301611) had a market cap of 49.2 billion and a year-to-date increase of 31.52% [2].

Summary of Kematek (301611.SZ) Conference Call Company Overview - **Company**: Kematek (301611.SZ) - **Industry**: Semiconductor materials and components manufacturing Key Points 1. Capacity Expansion and Demand - Kematek is expanding its capacity in the Suzhou factory to meet rising demand from local and global semiconductor clients for ceramic structural components and devices, including ceramic heaters [1][3] - Management is optimistic about the demand from both local and global clients, indicating a strong market outlook [1] 2. Vertically Integrated Manufacturing - The company employs a vertically integrated manufacturing process, covering all stages from material R&D to powder preparation, sintering, machining, cleaning, and inspection [2] - In-house tools such as ball mills and spray dryers are developed to ensure consistent processing and high performance of ceramic components [2] 3. Product Development and Client Engagement - Local semiconductor clients are diversifying their component suppliers to mitigate concentration risks amid geopolitical uncertainties, leading to increased collaboration with Kematek on new product development [4] - The ceramic components produced are primarily used in deposition and etching tools, with a broad product range that includes components for ion implantation and lithography tools [4] 4. Financial Strategy for Expansion - Kematek plans to raise RMB 750 million through the issuance of convertible bonds to fund its capacity expansion for ceramic heaters, electrostatic chucks (ESC), and ultra-high-purity silicon carbide (SiC) components [3] - The company has commenced mass production of ceramic heaters, with management expressing confidence in improving yield rates over time [3] 5. Market Position and Valuation - Kematek is positioned as a leader in the local semiconductor ceramic components market, with a market cap of RMB 43.5 billion (approximately $6.2 billion) [10] - The target price for Kematek is set at RMB 99.70, based on a target P/E multiple of 58.5x, reflecting the correlation between P/E and EPS growth among its peers [9] 6. Risks and Challenges - Key risks identified include slower-than-expected semiconductor capital expenditure expansion in China, delays in product line expansion, and challenges in supply chain diversification within the local market [9] 7. Financial Projections - Revenue projections for the upcoming years are as follows: - 2024: RMB 857.4 million - 2025: RMB 1,072.0 million - 2026: RMB 1,516.0 million - 2027: RMB 2,097.4 million [10] Additional Insights - The company’s differentiated offerings include high-purity and high-performance ceramic components, which are critical for semiconductor manufacturing [1] - Management's positive outlook on client penetration and gradual enhancement of product yield rates indicates a proactive approach to market challenges [3] This summary encapsulates the essential insights from the conference call regarding Kematek's operations, market position, financial strategies, and future outlook.

个股方面，87只个股获融资净买入额超1亿元。北方稀土获融资净买入额居首，净买入8.38亿元；融资净买入金额居前的还有航天发展、紫金矿业、香农芯 创、中国铝业、招商银行、澜起科技、信维通信、珂玛科技、中钨高新等。 | 序号 | | | | | | --- | --- | --- | --- | --- | | | 证券代码 ◆ | 证券简称 = | 交易日期÷ | 融资净买入额(万元) ◆ | | 1 | 600111.SH | 北方稀土 | 2026-01-07 | 83,805.36 | | 2 | 000547.SZ | 航天发展 | 2026-01-07 | 77.192.41 | | 3 | 601899.SH | 蒙美矿业 | 2026-01-07 | 54,104.59 | | ব | 300475.SZ | 香农芯创 | 2026-01-07 | 53,010.37 | | 5 | 601600.SH | 中国铝业 | 2026-01-07 | 50,680.43 | | 6 | 600036.SH | 招商银行 | 2026-01-07 | 43,869.23 | | 7 | 688008.S ...

Group 1 - As of January 7, the margin trading balance in A-shares reached 26,047.42 billion yuan, an increase of 248.42 billion yuan from the previous trading day, accounting for 2.55% of the A-share circulating market value [1] - The margin trading transaction volume on the same day was 3,312.32 billion yuan, which is an increase of 23.26 billion yuan from the previous trading day, representing 11.49% of the total A-share transaction volume [1] Group 2 - Among the 31 primary industries in Shenwan, 27 industries experienced net financing inflows, with the electronics industry leading at a net inflow of 6.393 billion yuan [3] - Other industries with significant net financing inflows include non-ferrous metals, defense and military industry, pharmaceutical and biological, machinery equipment, and communication [3] Group 3 - A total of 87 individual stocks had net financing inflows exceeding 100 million yuan, with Northern Rare Earth leading at a net inflow of 838.54 million yuan [3][4] - Other notable stocks with high net financing inflows include Aerospace Development, Zijin Mining, Shannon Chip Creation, China Aluminum, China Merchants Bank, Lanke Technology, XW Communication, Kema Technology, and Zhongtung High-Tech [3][4]

（文章来源：证券日报） 证券日报网讯 1月7日，珂玛科技发布公告称，截至本公告披露日，公司及其控股子公司经审议批准的 处于有效期内的担保额度总金额为人民币20，000.00万元，占公司最近一期经审计净资产的13.16%；公 司及其控股子公司的担保余额总金额为人民币2，000.00万元，占公司最近一期经审计净资产的1.32%。 截至本公告披露日，公司及子公司不存在对合并报表外单位提供担保的情况，无逾期对外担保，也无涉 及诉讼的对外担保及因担保被判决败诉而应承担损失的情形。 ...

证券代码：301611 证券简称：珂玛科技 公告编号：2026-001 苏州珂玛材料科技股份有限公司 关于为子公司提供担保的进展公告 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。 3、成立时间：2022 年 1 月 27 日； 4、主要经营场所：江苏省苏州市苏州工业园区丰和路 1 号； 一、担保情况概述 苏州珂玛材料科技股份有限公司（以下简称"珂玛科技"或"公司"）分别于 2025 年 9 月 12 日召开了第三届董事会第六次会议、于 2025 年 9 月 29 日召开了 2025 年第三次临时股东会，审议通过了《关于为控股子公司苏州铠欣半导体科技有 限公司及其全资子公司提供担保的议案》，同意公司在 2025 年度为公司控股子公司 苏州铠欣半导体科技有限公司（以下简称"苏州铠欣"）及其全资子公司提供人民币 1.00 亿元的预计担保额度，担保方式包括但不限于保证、抵押、质押等。此次预计 担保额度有效期自公司 2025 年第三次临时股东会审议通过之日起至公司 2025 年度 股东会决议之日止，在不超过上述担保额度的情况下，可在有效期限内循环使用。 同时，公司授权 ...

Core Viewpoint - The lithography machine concept sector has shown a significant increase, with a rise of 3.30%, ranking third among concept sectors, driven by strong performances from several stocks [1][2]. Group 1: Market Performance - The lithography machine concept saw 42 stocks increase, with notable gains from Zhongci Electronics (涨停), Pioneering Precision (up 13.83%), Kema Technology (up 9.55%), and Jiuri New Materials (up 9.09%) [1]. - Conversely, stocks such as Nanjing Chemical Fiber, Woge Optoelectronics, and Meike Technology experienced declines of 2.93%, 1.86%, and 1.62% respectively [1]. Group 2: Capital Flow - The lithography machine concept sector attracted a net inflow of 1.799 billion yuan, with 36 stocks receiving net inflows, and 9 stocks exceeding 100 million yuan in net inflows [2]. - Kema Technology led the net inflow with 255.5 million yuan, followed by Zhongci Electronics (163.3 million yuan), Su Da Weige (138 million yuan), and Fuchuang Precision (137 million yuan) [2]. Group 3: Stock Performance Metrics - Zhongci Electronics, Yongxin Optics, and Blue Ying Equipment had the highest net inflow ratios at 17.65%, 10.63%, and 9.97% respectively [3]. - The top stocks in the lithography machine concept based on daily performance included Kema Technology (up 9.55%), Zhongci Electronics (up 10.00%), and Pioneering Precision (up 13.83%) [3][4].

Core Viewpoint - The semiconductor equipment stocks in the A-share market experienced a collective rise, with several companies reaching historical highs in their stock prices [1]. Group 1: Stock Performance - Xinyuan Micro (芯源微) saw a 20% increase, reaching a market capitalization of 38.5 billion [2]. - Kema Technology (珂玛科技) rose by over 14%, with a total market value of 49.7 billion [2]. - Pioneer Precision (先锋精科) increased by over 12%, with a market cap of 14.7 billion [2]. - Zhongwei Company (中微公司) experienced a 7.96% rise, bringing its market value to 222.8 billion [2]. - Fuchuang Precision (富创精密) rose by 7.68%, with a market capitalization of 24.9 billion [2]. - Northern Huachuang (北方华创) increased by 6.96%, with a total market value of 376.6 billion [2]. - TuoJing Technology (拓荆科技) saw a 6.74% rise, reaching a market cap of 107.4 billion [2]. - Several companies, including Xinyuan Micro, Kema Technology, Zhongwei Company, Northern Huachuang, TuoJing Technology, and Huahai Qingke (华海清科), reached historical highs [1]. Group 2: Year-to-Date Performance - Xinyuan Micro has a year-to-date increase of 28.47% [2]. - Kema Technology has a year-to-date increase of 33.03% [2]. - Zhongwei Company has a year-to-date increase of 30.50% [2]. - Northern Huachuang has a year-to-date increase of 13.23% [2]. - TuoJing Technology has a year-to-date increase of 15.79% [2].

Group 1 - The A-share semiconductor equipment stocks collectively rose, with notable gains including a 20% increase for Xinyuan Microelectronics, over 14% for Kema Technology, and over 12% for Pioneer Precision [1] - Several companies, including Xinyuan Microelectronics, Kema Technology, Zhongwei Company, and others, reached historical highs [1] - The overall market sentiment in the semiconductor sector appears positive, as indicated by the MACD golden cross signal formation [2] Group 2 - Xinyuan Microelectronics (688037) had a market cap of 38.5 billion and a year-to-date increase of 28.47% [2] - Kema Technology (301611) reported a market cap of 49.7 billion with a year-to-date increase of 33.03% [2] - Zhongwei Company (688012) had a significant market cap of 222.8 billion and a year-to-date increase of 30.50% [2]

Group 1 - The A-share market saw a collective surge in photolithography machine concept stocks, with notable gains from companies such as Gaomeng New Materials approaching a 20% limit up, and Xinyuan Micro rising nearly 18% [1] - Other companies that experienced significant increases include Jiaxian Co. with over 15%, Anji Technology with over 12%, and Nanda Optoelectronics with over 11% [1] - The overnight performance of ASML, a leading company in the photolithography machine sector, reached a historical high in the US stock market, contributing to the positive sentiment in the A-share market [1] Group 2 - Specific stock performance data includes: - Gaomeng New Materials (19.79% increase, total market value of 62.62 billion) - Xinyuan Micro (17.91% increase, market value of 378 billion) - Jiaxian Co. (15.23% increase, market value of 26.02 billion) - Anji Technology (12.66% increase, market value of 445 billion) - Nanda Optoelectronics (11.61% increase, market value of 355 billion) - Dinglong Co. (10.33% increase, market value of 421 billion) [2] - Other notable stocks include: - Pulit (10.03% increase, market value of 237 billion) - Tongcheng New Materials (10% increase, market value of 318 billion) - Guofeng New Materials (9.99% increase, market value of 111 billion) - Changqing Technology (9.98% increase, market value of 75.87 billion) [2] - The MACD golden cross signal formation indicates a strong upward trend for these stocks [2]