Zhong Guo Neng Yuan Wang·2025-11-18 07:04Core Viewpoint - The electronic industry is experiencing a volatile and differentiated performance, with mixed results across various sectors [1][2] Overall Industry Summary - The Shanghai Composite Index fell by 0.18%, the Shenzhen Component Index decreased by 1.40%, and the CSI 300 Index dropped by 1.08%. The Shenwan electronic sector declined by 4.77%, ranking 30th out of 31 in terms of performance among all industries [1] - The top five gainers in the electronic sector were: Shenkong Co., Baibang Technology, Victory Precision, Liandong Technology, and Oni Technology. The top five losers were: Jingquanhua, Tiancheng Technology, Kangqiang Electronics, Tonglian Precision, and Sanhuan Group [1] Electronic Industry Summary - The electronic industry shows a clear trend of volatility and differentiation, with various sectors experiencing mixed performance. The other electronic II sector fell by 2.29%, while the other electronic III sector also saw a decline of 2.29%, indicating a consistent downward trend [2] - The components sector was the weakest performer, dropping by 9.25%. Within this sector, printed circuit boards fell by 1.97%, and passive components saw a significant decline of 7.92, highlighting a clear differentiation [2] - The semiconductor sector overall decreased by 3.97%, with notable internal structural differences. The semiconductor equipment sub-sector only fell by 0.43%, while discrete devices dropped by 4.17%. Analog chip design and integrated circuit testing fell by 2.26% and 4.97%, respectively, with semiconductor materials down by 1.56% [2] - The optical and optoelectronic sector experienced a slight decline of 1.25%, with LEDs down by 1.94% and optical components down by 4.46%. However, panels saw a counter-trend increase of 0.69%, indicating internal performance differentiation [2] - The consumer electronics sector continued its downward trend, falling by 6.18%. Brand consumer electronics dropped by 3.26%, and consumer electronic components and assembly fell by 4.64%, contributing significantly to the sector's overall decline [2] - The electronic chemicals II sector decreased by 2.44%, with the electronic chemicals III sub-sector also down by 2.44%, reflecting a lackluster performance in the materials segment [2] - Overall, the electronic industry is undergoing significant structural adjustments, with certain areas like panels showing positive performance, while components, consumer electronics, and some semiconductor sub-sectors remain under pressure [2]