太平洋电子日报：半导体产品“原产地”认定规则发

Investment Rating - The industry is rated positively, with expectations of overall returns exceeding the CSI 300 index by more than 5% in the next six months [7]. Core Insights - The semiconductor product "origin" recognition rules have been published, which will impact the industry dynamics [5]. - The market performance shows a mixed trend, with the Shanghai Composite Index increasing by 0.45% and the electronic sector experiencing varied performance across sub-sectors [3]. - Notable individual stock performances include significant gains for companies like Kaide Quartz (+29.97%) and Jinghua Micro (+20.01%) [3]. Summary by Sections Market Overview - The Shanghai Composite Index rose by 0.45%, while the Shenzhen Composite Index increased by 0.72%. The ChiNext Index saw a rise of 1.22%, and the STAR 50 Index increased by 2.07% [3]. - The electronic sector's performance varied, with passive components up by 3.06% and integrated circuit packaging and testing up by 5.72% [3]. Company Performance - Tongfu Microelectronics reported a revenue of 23.881 billion yuan for 2024, a year-on-year increase of 7.24%, with net profit rising by 299.90% to 678 million yuan [3]. - Super Sonic Electronics expects a net profit of 3.8 to 4.5 million yuan for Q1 2025, reflecting a growth rate of 120.38% to 160.98% [4]. - Nake Equipment reported a revenue of 268 million yuan for 2024, up 35.48%, with net profit increasing by 22.10% [4]. Industry News - The China Semiconductor Industry Association has issued new rules regarding the "origin" of semiconductor products, which will affect how integrated circuits are classified [5].