湖北东田微科技股份有限公司投资者关系活动记录表 编号：2025-005 | 么原因？未来预期如何？ | | --- | | 答：2025 年上半年，成像光学元器件较去年同期提升 4.72 个百 | | 分点，主要原因系毛利率较高的旋涂滤光片收入占比提升以及规 | | 模效应释放，主要产品单位成本同比略有下降。通信类光学元器 | | 件毛利率较去年同期提升 10.24 个百分点，主要原因系客户结构 | | 优化以及高毛利率的产品收入占比提升。未来随着公司产品结构 | | 优化以及规模效应提升，综合毛利率仍有提升空间。 | | 2、问：目前光隔离器产品布局和产能准备情况如何？ | | 答：公司去年已完成隔离器产品线的搭建，目前产能能够匹配公 | | 司订单和客户需求。 | | 3、问：法拉第旋转片的全球供应情况如何？是否存在涨价预期？ | | 答：目前法拉第旋转片供应以国外厂商为主，国内部分厂商也已 | | 具备制备能力，但整体出货量占比还比较小。由于高速光模块的 | | 市场需求增加，法拉第旋转片整体市场供需关系比较紧张，存在 | | 一定短缺。未来价格会存在市场化的调整，主要看上游原材料供 | | 应商的决策 ...

8月25日，上证指数收盘涨1.51%，科创创业指数涨4.18%，在A股关键指数中强势领涨。光模块、稀 土、卫星等概念活跃，白酒迎久违大涨带动食品饮料板块反攻。 A股成交额高达3.18万亿，为去年10月8日以来首次突破3万亿元，也是A股历史第二次突破3万亿元，今 日较上个交易日放量超6000亿元。截至8月25日，A股已连续9个交易日成交额超2万亿。 从申万一级行业来看，31个行业集体上涨，通信板块收盘涨4.85%，其年内涨幅超51%；通信、有色、 地产、钢铁等板块今日领涨，美容、纺服、石油石化等表现相对一般。 天风证券认为，根据经济复苏与市场流动性，可以把投资主线降维为三个方向：1）Deepseek突破与开 源引领的科技AI+，2）消费股的估值修复和消费分层逐步复苏，3）低估红利继续崛起。 （文章来源：每日经济新闻） ...

Core Viewpoint - The A-share market experienced a significant increase in trading volume, with the total transaction amount exceeding 3 trillion yuan for the first time this year, marking the second highest in history [1]. Trading Volume - The total trading volume of the Shanghai, Shenzhen, and North markets reached over 3 trillion yuan, setting a new annual record and ranking as the second highest ever [1]. - The previous record for surpassing 3 trillion yuan was on October 8, 2024, with a total of approximately 3.49 trillion yuan [2]. Stock Performance - More than ten stocks had trading volumes exceeding 10 billion yuan, with notable mentions including Dongfang Caifu, Hanwha U, Northern Rare Earth, and Haiguang Information, each surpassing 20 billion yuan [3]. - Major indices such as the Shanghai Composite Index, Shenzhen Component Index, ChiNext Index, and STAR Market 50 Index all saw upward movements, with the Shanghai Composite Index rising by 1.51% and the ChiNext Index increasing by 3% [3][4]. Market Trends - The total trading volume for the day was 3.18 trillion yuan, an increase of 598.1 billion yuan compared to previous trading days [4]. - Key sectors that saw significant gains included optical fiber, optical modules, optical communication, rare earth permanent magnets, and satellite internet [4][5]. Notable Stocks - Hanwha U (688256) was the most popular stock, closing with a rise of over 11%, priced at 1384.93 yuan per share [6]. - Other notable stocks included Haiguang Information, which increased by 12.92%, and Zhongxin International, which saw a slight decline of 0.77% [6][7].

热门个股方面， 寒武纪-U （688256）人气第一，截至收盘，该股涨超11%，股价报1384.93元/股。 在此之前的去年10月8日，沪深北三市合计成交额历史性地首次突破3万亿元大关，达到约3.49万亿元。 主要指数表现方面，上证指数、深证成指、创业板指、科创50等多个指数继续上行， 盘中再度创出阶段新高。截至收盘，上证指数上涨1.51%，深证成指上涨 2.26%，创业板指上涨3%，科创50指数上涨3.2%。 多只热门股成交活跃，成交额超过百亿元的股票频现。截至发稿，已有10多只股票成交额超过百亿元，其中东方财富、寒武纪-U、北方稀土、海光信息等股票成交 额超过200亿元。 | 行情 | 资金净流入 | 涨跌分布 | | --- | --- | --- | | 上证指数 | 深证成指 | 北证50 | | 3883.56 | 12441.07 | 1604.01 | | +57.80 +1.51% +275.01 +2.26% | | +3.74 +0.23% | | 科创50 | 创业板指 | 万得全A | | 1287.73 | 2762.99 | 6170.17 | | +39.87 +3.20% + ...

8月25日，A股三大指数再度拉升，沪指站稳3800点，光模块、光芯片、房地产等概念表现强势， 军工板块盘中持续拉升，截至11点21，全市场军工含量最高的航空航天ETF（159227）盘中续创新高， 截至11点23，成交额达1.4亿元，稳居同类第一，持仓股中航成飞、航天晨光涨超4%，光启技术、广联 航空、振芯科技、迈信林等股跟涨。 每日经济新闻 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 航空航天ETF（159227）聚焦军工空天力量，近期持续获资金关注，最新规模达10.21亿元，创成 立以来，稳居同类第一，为全市场最大的航空类ETF。 军工作为强计划性行业，五年规划对于行业经营和市场预期有着重要影响，是军工行情的主要驱动 因素之一。2025年恰逢"十四五"收官年，军队建设"十四五"规划执行已进入能力集成交付关键期，订单 需求有望加速释放。 江海证券指出，对于军工板块还是维持中长 ...

（责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 金融科技ETF华夏（516100）紧密跟踪中证金融科技主题指数，涵盖软件开发、互联网金融及数字 货币产业链，兼具金融属性与科技属性，被誉为"新牛市旗手"，有望受益行情回暖及AI双重利好催化， 近日A股持续走强，金融科技ETF华夏（516100）迎戴维斯双击行情。 券商ETF基金（515010）跟踪证券公司指数（代码399975），指数前十大成份股权重达60.73%，一 键配置券商龙头，被誉为牛市旗手，直接受益A股行情回暖，该管理费托管费合计费率0.2%，为当前场 内费率档次最低投资标的，助力投资人低费率布局券商板块。 每日经济新闻 8月25日早盘，三大指数高开高走，上证指数突破3870点，盘面上，稀土、光模块领涨，房地产概 念异动拉升，超3700只个股上涨，市场做多情绪延续，炒股软件、券商板块纷纷走强，截至11：00，金 融科技ETF ...

Group 1 - The article highlights significant announcements in the stock market from Sunday to Thursday, including "suspensions and resumption of trading, shareholding changes, investment wins, acquisitions, earnings reports, unlocks, and high transfers" to help investors identify investment hotspots and prevent black swan events [1] - A company is identified as a domestic leader in storage and MCU chips, having established partnerships with several leading humanoid intelligent enterprises [1] - Another company is involved in consumer electronics, liquid cooling servers, millimeter-wave radar, robotics, and smart wearables, and has delivered sample servers and liquid cooling plates to clients in Taiwan [1] - A third company focuses on liquid cooling servers, data centers, automotive thermal management, and has seen a net profit increase of over five times year-on-year, benefiting from the growth of liquid cooling plates for power battery thermal management [1]

（文章来源：每日经济新闻） 华安证券8月22日发布研报称，给予国瓷材料（300285.SZ）买入评级。评级理由主要包括：1）电子材 料和新能源板块产销高增，25年Q2营收业绩双增长 ；2）光模块+AI 眼镜+固态电池，多板块布局助力 公司成长。风险提示：技术开发风险；原材料价格波动风险；兼并重组和商誉风险；汇率波动风险。 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a steady performance in Q2 2025, with revenue growth driven by the electronic materials and new energy sectors, alongside stable growth in the catalytic materials segment [5][6] - In the first half of 2025, the company achieved revenue of 2.154 billion yuan, a year-on-year increase of 10.29%, and a net profit attributable to shareholders of 332 million yuan, a year-on-year increase of 0.38% [4][5] - The company is expanding its product offerings across multiple sectors, including automotive electronics, AI computing servers, and solid-state battery materials, which are expected to contribute to future growth [6][7] Financial Performance Summary - For Q2 2025, the company reported revenue of 1.179 billion yuan, a year-on-year increase of 4.67% and a quarter-on-quarter increase of 20.97% [4] - The net profit for Q2 2025 was 196 million yuan, a year-on-year decrease of 0.57% but a quarter-on-quarter increase of 44.33% [4] - The company expects net profits for 2025-2027 to be 798 million, 913 million, and 1.16 billion yuan respectively, with year-on-year growth rates of 32.0%, 14.5%, and 26.9% [8] Business Segment Insights - The electronic materials segment is experiencing high growth due to increasing demand for automotive electronics and AI applications, with successful product validation from key clients [5] - The catalytic materials segment has gained traction by supplying ceramic substrates and other products to major international automotive manufacturers [5] - The biomedical materials segment is advancing with the development of dental restoration products, which have begun to see market acceptance [5] - The new energy materials segment is focusing on ultra-thin coatings and has developed various new product models in response to customer needs [5][6]

Market Performance - The Shanghai Composite Index reached a ten-year high of 3767.43 points on August 20, with the sci-tech chip sector experiencing significant gains, as multiple related ETFs rose over 4% [1] - On August 19, four ETFs saw net inflows exceeding 1 billion yuan, with the GF CSI Hong Kong Innovative Drug ETF receiving over 1.3 billion yuan [2] ETF Activity - The second batch of sci-tech bond ETFs was reported to the CSRC on August 20, with 14 fund companies submitting applications [3] - On August 20, several chip-themed ETFs performed strongly, with the Sci-Tech Chip Design ETF (588780) leading the market with a 5.57% increase [4][5] - The bond market saw active trading, with 10 ETFs exceeding 10 billion yuan in trading volume, seven of which were bond ETFs, including the Short-term Bond ETF (511360) with over 23 billion yuan in trading volume [6][8] Sector Insights - The innovative drug and sci-tech bond themed ETFs attracted significant capital inflows, indicating a positive trend in the innovative drug industry, which is expected to experience rapid revenue and profit growth over the next five years [9][10] - The light module sector is anticipated to maintain high prosperity due to the rapid development of the global AI industry, with increasing demand for computing power and related applications [11] New ETF Developments - The second batch of sci-tech bond ETFs will track various indices, including the CSI AAA Technology Innovation Corporate Bond Index and the SSE AAA Technology Innovation Corporate Bond Index [12]