Core Viewpoint - The semiconductor equipment components industry is crucial for the development of the semiconductor sector, with significant growth driven by domestic policies and market demand, leading to a projected market size of 188.79 billion yuan in 2024, representing a year-on-year growth of 34.9% [1][8]. Industry Overview - Semiconductor equipment components are essential building blocks for semiconductor manufacturing equipment, directly impacting precision, stability, and lifespan [2]. - The industry has evolved from complete reliance on imports to local enterprises gradually breaking through, focusing on high-quality and systematic breakthroughs [3]. Market Size and Composition - The market size for semiconductor equipment components in China is expected to reach 188.79 billion yuan in 2024, with the supporting market (including imported equipment) accounting for 92.5% and the maintenance market for 7.5% [1][8]. - Within the supporting market, mechanical components hold the largest share at 36.5%, followed by system transport systems at 16.1% and electrical components at 14.3% [8]. Policy Support - The Chinese government has implemented numerous policies to support the development of the semiconductor industry, including tax reductions and action plans aimed at promoting high-quality growth [4]. Industry Chain - The upstream of the semiconductor equipment components industry includes suppliers of various metals and non-metals, while the midstream involves R&D, design, and production of components, and the downstream includes applications in wafer fabrication and chip packaging [4][5]. Competitive Landscape - Despite a large market, domestic manufacturers have historically captured a small share, with many relying on imported components. However, local firms are increasingly entering the supply chain, focusing on proprietary technology and modular solutions [6][9]. - Major domestic players include companies like 富创精密 (Fuchuang Precision) and 江丰电子 (Jiangfeng Electronics), which have established competitive positions in their respective niches [10][12]. Development Trends - The industry is moving towards systematic penetration of domestic alternatives across all categories, with a focus on high-end components previously reliant on imports [13]. - Future R&D will emphasize high precision and new materials to meet the evolving demands of semiconductor manufacturing [13]. - Collaboration across the supply chain will strengthen, with industry clusters enhancing resource integration and reducing costs [14]. - The integration of AI and a focus on green manufacturing practices are becoming key development directions, aiming to improve efficiency and reduce environmental impact [15][16].

华海清科股份有限公司 章 程 二〇二五年十二月 1 | 第一章 | 总 则 3 | | --- | --- | | 第二章 | 经营宗旨和范围 4 | | 第三章 | 股 份 4 | | 第一节 | 股份发行 4 | | 第二节 | 股份增减和回购 6 | | 第三节 | 股份转让 7 | | 第四章 | 股东和股东会 8 | | 第一节 | 股东的一般规定 8 | | 第二节 | 控股股东和实际控制人 10 | | 第三节 | 股东会的一般规定 11 | | 第四节 | 股东会的召集 14 | | 第五节 | 股东会的提案与通知 15 | | 第六节 | 股东会的召开 16 | | 第七节 | 股东会的表决和决议 19 | | 第五章 | 公司党委 23 | | 第六章 | 董事和董事会 25 | | 第一节 | 董事的一般规定 25 | | 第二节 | 董事会 28 | | 第三节 | 独立董事 33 | | 第四节 | 董事会专门委员会 35 | | 第七章 | 高级管理人员 37 | | 第八章 | 职工民主管理与劳动人事制度 40 | | 第九章 | 财务会计制度、利润分配和审计 40 | | 第一 ...

格隆汇12月31日丨华海清科(688120.SH)公布，截至2025年12月31日，公司通过上海证券交易所交易系 统以集中竞价交易方式回购公司股份44.11万股，占公司总股本的比例为0.1247%，回购成交的最高价为 156.96元/股，最低价为127.30元/股，支付的资金总额为人民币6022.45万元（不含交易佣金等费用）。 ...

证券代码：688120 证券简称：华海清科 公告编号：2026-003 关于以集中竞价交易方式回购公司股份的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 回购方案首次披露日 | 2025/8/29 | | --- | --- | | 回购方案实施期限 | 2025 年 9 月 17 日~2026 年 9 月 16 日 | | 预计回购金额 | 5,000万元~10,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 √用于转换公司可转债 | | 累计已回购股数 | □为维护公司价值及股东权益 441,120股 | | 累计已回购股数占总股本比例 | 0.1247% | | 累计已回购金额 | 60,224,451.49元 | | 实际回购价格区间 | 127.30元/股~156.96元/股 | 注："累计已回购股数占总股本比例"以公司目前总股本 353,651,991 股计算。 一、 回购股份的基本情况 华海清科股份有限公司（以下简称"公司"）于 2025 年 8 月 ...

（记者 曾健辉） 每经头条（nbdtoutiao）——最高返现60%！惠民保年末销售乱象调查：业务员"贴钱"冲考核，谁在"赔 本赚吆喝"？ 每经AI快讯，华海清科12月31日晚间发布公告称，截至2025年12月31日，公司通过上海证券交易所交 易系统以集中竞价交易方式回购公司股份约44万股，占公司总股本约3.54亿股的比例为0.1247%，回购 成交的最高价为156.96元/股，最低价为127.3元/股，支付的资金总额为人民币约6022万元。 ...

证券代码：688120 证券简称：华海清科 公告编号：2026-001 华海清科股份有限公司 经相关部门批准后方可开展经营活动）公司的经营范围以登记机关核准的事项为 准。 关于变更经营范围、注册资本、修订《公司章程》并 办理工商变更登记的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 华海清科股份有限公司（以下简称"公司"）于 2025 年 12 月 31 日召开了 公司第二届董事会第二十一次会议，审议通过了《关于变更经营范围、注册资本 及修订<公司章程>的议案》，该议案尚需提交公司股东会审议，具体内容如下： 一、公司经营范围变更的相关情况 为契合有权机关合规管理要求及经营范围规范表述相关规定，公司拟对经营 范围予以修订。本次经营范围修订不会对公司主营业务、生产经营状况产生重大 影响，具体修订情况如下： 变更前的经营范围如下:机电设备技术的开发、转让、咨询、服务及相关产 品的制造、安装、维修；货物及技术进出口业务；企业管理咨询服务；晶圆加工； 机电设备及耗材制造、销售；电子专用材料销售；电子专用材料制造；电子专用 材 ...

一、 召开会议的基本情况 华海清科股份有限公司 关于召开2026年第一次临时股东会的通知 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 证券代码：688120 证券简称：华海清科 公告编号：2026-002 （一） 股东会类型和届次 2026年第一次临时股东会 召开日期时间：2026 年 1 月 16 日 14 点 30 分 召开地点：天津市津南区咸水沽镇聚兴道 11 号 2 号楼 2102 会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2026 年 1 月 16 日 至2026 年 1 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 股东会召开日期：2026年1月16日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 （二） 股东会召集人：董事会 （三） 投票方式：本次股东会所采用 ...

华海清科公告称，公司拟以5000万元-10000万元自有和超募资金回购股份，用于股权激励等。回购期限 为2025年9月17日-2026年9月16日。截至2025年12月31日，已累计回购股份441,120股，占总股本 0.1247%，回购金额6022.45万元，回购价格127.30元/股-156.96元/股，符合规定和回购方案要求。 ...

Core Viewpoint - The development zone in Kunshan is leveraging party-building work as a core engine for high-quality development, implementing innovative practices to integrate development and party work effectively [1]. Group 1: Organizational Structure - The development zone has established a unique "7+61+N" organizational management system, achieving 100% coverage of party organizations and work in 3,127 non-public enterprises, including all key enterprises such as listed companies and specialized ones [2]. Group 2: Talent Development - The effective integration of party organization secretaries and union chairpersons, with over 50% of such positions held by the same individuals, has enhanced leadership effects, while 40 skilled talents have joined party organization leadership through a cross-appointment mechanism [5]. Group 3: Industrial Empowerment - An innovative organizational system combining "industry chain party committees, working special classes, and enterprise assistance officers" has been established, leading to significant advancements in new industries, such as the introduction of the first G4.5 Micro LED production line in the country [8]. Group 4: Economic Performance - In the first three quarters of the year, the development zone's GDP grew by 6.0%, surpassing provincial and municipal averages, with industrial investment and foreign capital inflow increasing by 25% and 26%, respectively [10]. Group 5: Technological Innovation - The development zone has established 22 platforms for tackling technical challenges, resulting in over 100 technical breakthroughs and more than 2,000 patent applications, showcasing its manufacturing capabilities [12]. Group 6: Community Integration - The development zone is exploring a dual-integration model between new employment group party organizations and community party organizations, leading to the establishment of 25 service stations and a significant reduction in disputes in key areas by 60% [14]. Group 7: Overall Impact - The solid party-building work in Kunshan is contributing to a comprehensive approach to industrial upgrading, social governance, technological innovation, and public service, continuously writing a new chapter in the "Kunshan Road" of high-quality development [16].

Investment Rating - The report maintains a "Buy" rating for the equipment manufacturing industry, particularly highlighting investment opportunities in AI-driven sectors and computing infrastructure [2]. Core Insights - The equipment manufacturing industry in China is transitioning into a technology-driven phase, with AI and computing infrastructure being key areas for investment. The report emphasizes the growth potential of AI endpoint products and computing infrastructure investments [2]. - The report identifies three main drivers for the recovery of machinery equipment exports by 2026: the expected interest rate cuts by the Federal Reserve, strong infrastructure demand along the Belt and Road Initiative, and the rising demand for AI computing equipment [3]. Summary by Sections AI-Driven Growth - Investment opportunities are seen in AI endpoints such as humanoid robots, smart manufacturing, and various consumer AI products, which are expected to experience rapid growth. This will lead to increased demand for chips used in training, inference, and storage, initiating a new investment cycle in semiconductor equipment [2]. - The report also highlights the importance of computing infrastructure investments to support AI endpoints, recommending investments in cooling systems and energy solutions due to power shortages [2]. Export Recovery Drivers - The report outlines three key drivers for the expected recovery in machinery equipment exports by 2026: 1. Recovery in overseas demand due to anticipated interest rate cuts by the Federal Reserve, which will boost global industrial product demand [3]. 2. Strong infrastructure demand in countries along the Belt and Road Initiative, particularly in the Middle East, where domestic oil service equipment manufacturers are expected to benefit from high growth [3]. 3. Increased demand for equipment driven by AI computing needs, leading to growth in gas turbines and diesel generator sets, as well as PCB materials and testing equipment [3]. Company Profit Forecasts - The report provides profit forecasts for key recommended companies, all rated as "Buy," indicating a positive outlook for their performance in the coming years [5].