基础化工行业新材料周报：鼎龙股份ArF/KrF晶圆光刻胶签单两大厂，上海用好100亿元集成电路设计产业并购基金

Investment Rating - The industry investment rating is "Strongly Outperform the Market" [4][56]. Core Viewpoints - The semiconductor materials sector is experiencing rapid domestic production acceleration, with major wafer manufacturers expanding capacity, indicating a favorable environment for leading companies to maximize industry benefits [3]. - The report highlights significant developments in the photolithography materials segment, particularly the breakthroughs by Dinglong Co. in ArF/KrF photoresists, which have secured orders from two major domestic wafer manufacturers [3]. - The Shanghai government is actively promoting mergers and acquisitions in the integrated circuit design industry, establishing a 10 billion yuan fund to support this initiative [3][35]. - The new materials industry is expected to grow rapidly due to increasing demand for high-performance materials driven by domestic manufacturing upgrades [3]. Summary by Sections Overall Market Review - The Wind New Materials Index closed at 3677.43 points, down 1.89% week-on-week. The semiconductor materials index fell by 2.55% to 6519.48 points, while the display device materials index rose by 2.63% to 1174.15 points [2][11]. Key Company Weekly Review - Top gainers included Jindan Technology (up 13.35%), Chenguang New Materials (up 13.19%), and Hongbo New Materials (up 12.66%) [28]. - Top losers included Boqian New Materials (down 5.59%) and Changyang Technology (down 5.29%) [30]. Recent Industry Hotspots - Dinglong Co. has successfully passed customer validation for its ArF and KrF photoresists, receiving orders totaling over one million yuan [3][34]. - The establishment of a new subsidiary by Zhongyan Co. to accelerate its PEEK business growth [34]. - Haiyou New Materials plans to invest in a polymer specialty film project in the U.S. with an estimated investment of up to 10 million USD [36]. Related Data Tracking - In November, China's integrated circuit exports reached 13.755 billion USD, a year-on-year increase of 11%, while imports totaled 33.864 billion USD, up 3.68% year-on-year [40].