以下文章来源于DT半导体 ，作者DT半导体 DT半导体 . 聚焦于半导体材料行业的最新动态 碳化硅（SiC）作为一种重要的宽禁带半导体材料，在现代科技领域扮演着关键角色。它不仅具备优异的 物理和化学性能，还在推动能源效率和可持续发展方面发挥着重要作用。 碳化硅（SiC）近年来迅速升温，核心体现在两个方面： 一是产业规模化提速，衬底尺寸由6/8英寸向12 英寸跃升 ，单片芯片产出显著提升，单位成本下降，加速从高端应用走向大规模商用，直接受益于新能源 汽车800V平台、光伏储能升级等需求放量； 二是高端热管理价值凸显 ，凭借高热导率、优良绝缘性及匹 配硅的热膨胀系数，SiC正成为AI高算力芯片与先进封装降温的关键材料，打开新的增长空间。 本文将系统梳理碳化硅的定义、材料制备工艺、广泛用途与应用场景，并盘点国内头部企业近期动态，供 感兴趣的朋友 参考。 6月10—12日，由DT新材料主办的FINE2026先进半导体大会亦将聚焦碳化硅产 品，也设有相关热点议题的专业会议，欢迎感兴趣的朋友莅临现场交流！ 扫码报名参展参会 碳化硅 碳化硅，化学式为SiC，是由硅（Si）和碳（C）元素以1:1比例化合而成的化合物半导体材料 ...

《公告全知道》每周日至每周四推送明日股市重大公告！内容包含"停复牌、增减持、投资中标、收 购、业绩、解禁、高送转"等一系列个股利好利空公告，其中重要公告均以红色标注，帮助投资者提前 寻找到投资热点，防范各类黑天鹅事件，并且有充足的时间进行分辨和寻找合适的上市公司。 ①MicroLED+CPO+芯片+第三代半导体！这家公司设备可应用于部分光模块的部分器件组装工序，自研 贴片机是Micro LED微显示屏生产的主要封装设备之一；②MicroLED+CPO+存储芯片+机器人+华为！公 司在MiniLED相关设备等产品已取得少量订单；③海工装备+高端装备！公司下属企业签订4亿美元-6亿美 元造船重大合同。 前言 ...

证券研究报告 | 策略点评 投资策略研究 粤开市场日报-20260305 今日关注 指数涨跌情况：今日 A 股主要指数全数上涨。截止收盘，沪指涨 0.64%，收报 4108.57 点；深证成指涨 1.23%，收报 14088.84 点；科创 50 涨 1.72%，收报 1405.35 点；创业板指涨 1.66%，收报 3216.94 点。总体上，全天个股涨多跌 少，Wind 数据显示，全市场 4076 只个股上涨，1304 只个股下跌，102 只个股 收平。沪深两市今日成交额合计 23900 亿元，较上个交易日放量 243 亿元。 2026 年 03 月 05 日 投资要点 分析师：孟之绪 执业编号：S0300524080001 电话： 邮箱：mengzhixu@ykzq.com 行业涨跌情况：今日申万一级行业涨多跌少，通信、电力设备、机械设备、 电子和计算机行业上涨，涨幅分别为 2.84%、2.18%、2.05%、2.02%和 1.68%， 农林牧渔、石油石化、有色金属、煤炭和交通运输行业下跌，跌幅分别为 2.02%、 1.81%、0.64%、0.18%和 0.05%。 板块涨跌情况：今日涨幅居前概念板块为 ...

Core Viewpoint - Jiangsu Hongwei Technology Co., Ltd. reported a significant increase in net profit for the fiscal year 2025, driven by the recovery in the power semiconductor industry and strategic adjustments in operations [3][4]. Financial Data and Indicators - The company achieved an operating income of 134,635.60 million RMB, a year-on-year increase of 1.13% [3]. - The net profit attributable to the parent company was 1,743.30 million RMB, reflecting a substantial growth of 220.50% compared to the previous year [3]. - The net profit after deducting non-recurring gains and losses was 913.52 million RMB, up by 126.88% year-on-year [3]. - Total assets at the end of the reporting period were 268,044.19 million RMB, an increase of 3.03% from the beginning of the period [3]. - The equity attributable to the parent company was 108,668.02 million RMB, growing by 1.03% [3]. Operating Performance and Financial Condition - The recovery in the power semiconductor industry positively impacted the company's performance, with increased demand for new power electronic devices in sectors such as renewable energy and AI servers [4]. - The company optimized its product and customer structure, which contributed to improved profitability [5]. - A significant reduction in asset impairment losses due to the clearance of long-term stagnant inventory also enhanced net profit [5]. - The company plans to focus on enhancing product competitiveness and expanding into high-performance power modules in emerging fields like AI server power supplies and controlled nuclear fusion [4][5].

Core Viewpoint - The power semiconductor industry is experiencing a new wave of price increases driven by rising cost pressures and structural demand from AI applications [1][2] Group 1: Price Increases - Wuxi Xinjieneng announced a price increase of at least 10% for MOSFET products effective from March 1, following similar announcements from major companies like Infineon and Silan Microelectronics, with price hikes generally ranging from 10% to 20% [1] - The price surge is attributed to significant increases in the prices of raw materials and key precious metals, which have raised wafer processing and packaging costs [1][2] Group 2: Cost Structure and Demand - The cost of core materials such as copper, aluminum, palladium, and silver has risen significantly since 2025, with packaging costs accounting for over 50% of production costs in mid-power devices, and in some cases, reaching 70% to 80% [2] - The demand for power semiconductors is expected to remain strong due to the ongoing AI infrastructure investment, with AI server power requirements increasing dramatically [2][3] Group 3: Industry Dynamics - The current price increase is expected to last throughout 2026 and possibly beyond, as the tight supply-demand balance for precious metals is unlikely to reverse in the short term [2] - The structural differentiation within the industry will intensify, benefiting upstream material and equipment suppliers while putting pressure on smaller midstream design and manufacturing companies [3] Group 4: Third-Generation Semiconductors - The price increases are likely to accelerate the penetration of third-generation semiconductors like SiC and GaN, as the cost gap narrows between silicon-based devices and SiC due to scale production [4] - Companies like Silan Microelectronics and Huazhong Microelectronics are advancing in the third-generation semiconductor space, with Silan aiming for significant production capacity in SiC devices by 2025 [4][5]

6 证券研究报告 一、产业综合组： 3 月 1 日起，日本半导体材料巨头 Resonac 将铜箔基板（CCL）及黏合胶片售价 上调 30%以上。公司表示，尽管已采取多项成本优化措施，但受玻纤布、环氧树 脂、铜箔等关键原材料持续紧缺及价格上涨影响，为保障产品稳定供应与新技 术研发投入，不得不启动本轮调价。Resonac 此次调价将传导至 HDI 板、IC 载 板、高频高速 PCB 等高端制造环节。鉴于昨日英伟达发布的 2026 年一季度业绩 指引增长依然比较强劲，而且大模型在 Agent 模式的应用下未来增长的前景进 一步明确，因此我们继续看好覆铜板行业高景气度的持续。 证书编号：S1080525070001 昨日国产功率半导体厂商新洁能正式发布价格调整通知，宣布对其核心产品 MOSFET 进行价格上调，上调幅度 10%起，本次价格调整自 2026 年 3 月 1 日起发 货正式生效，已签订未发货订单按新价格执行。此外月初另一家国产功率半导 体大厂江苏捷捷微电子宣布，对其 MOS 系列产品提价 10%-20%，自 2026 年 2 月 1 日起，新发 MOS 成品均按新价格执行。士兰微、英飞凌等也更早上调价格， ...

Group 1 - The core point of the article highlights the recent stock performance of Shenzhen Technology Co., Ltd., which saw a decline of 2.59% on February 27, with a current price of 33.79 CNY per share and a total market capitalization of 53.107 billion CNY [1] - The company has experienced a year-to-date stock price increase of 33.66%, with a 15.13% rise over the last five trading days and a 44.53% increase over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on February 13, where it recorded a net purchase of 183 million CNY [1] Group 2 - Shenzhen Technology Co., Ltd. was established on July 4, 1985, and went public on February 2, 1994. Its main business includes the research and production of hard disk heads, advanced manufacturing of electronic products, metering systems, payment terminal products, digital home products, and LEDs [2] - The revenue composition of the company is as follows: high-end manufacturing 50.52%, storage semiconductor business 27.13%, metering intelligent terminals 21.70%, and others 0.66% [2] - As of February 10, the number of shareholders of Shenzhen Technology was 200,600, a decrease of 0.78% from the previous period, with an average of 7,834 circulating shares per person, an increase of 0.79% [2] Group 3 - The company has distributed a total of 3.958 billion CNY in dividends since its A-share listing, with 702 million CNY distributed over the last three years [3] - As of September 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 28.6221 million shares, an increase of 15.6346 million shares from the previous period [3]

广东晶科电子股份有限公司(以下简称"晶科电子"，股票代码：02551)今日披露，公司作为产业出资方 参与设立广州天泽晶芯创业投资基金合伙企业(有限合伙)(以下简称"本基金")。本次参与设立基金，是 晶科电子从"内生发展"至"外延布局"的主动战略选择，旨在进一步布局完善"第三代半导体"产业集群， 为新能源汽车、新型显示、光伏、储能、AI数据中心等关键应用场景的业务拓展提供核心支撑，丰富 产品结构、协同客户开发，并推动上下游产业链形成生态聚集效应。 据公开资料查询，广东芯聚能半导体有限公司(以及广东芯粤能半导体有限公司)为晶科电子实控人肖国 伟控制的企业，其专注于第三代半导体碳化硅功率芯片、器件、模块等的研发、生产、销售。据悉，广 东芯聚能半导体有限公司(以及广东芯粤能半导体有限公司)为国内稀缺的能够实现国产替代的头部碳化 硅IDM公司，是广州市"独角兽"创新企业、广东省"强芯工程"重点建设项目。 另据公告披露，本基金认缴规模为6.68亿元。晶科电子作为产业出资方，认缴出资2.68亿元，占比 40.12%。除晶科电子外，本基金亦包括广州市产业引导基金、市区两级国资投资平台、上市公司高质 量发展基金等主体，形成"政 ...

另据公告披露，本基金认缴规模为6.68亿元。晶科电子作为产业出资方，认缴出资2.68亿元，占比 40.12%。除晶科电子外，本基金亦包括广州市产业引导基金、市区两级国资投资平台、上市公司高质 量发展基金等主体，形成"政府引导、市场化运作、产业牵引"的协同机制，以中长期资本支持广州战略 性产业关键项目落地与产业链能力提升，也将助力晶科电子实现产业链价值提升与股东回报能力的持续 增强。 广东晶科电子股份有限公司（以下简称"晶科电子"，股票代码：2551.HK）今日披露，公司作为产业出 资方参与设立广州天泽晶芯创业投资基金合伙企业（有限合伙）（以下简称"本基金"）。本次参与设立 基金，是晶科电子从"内生发展"至"外延布局"的主动战略选择，旨在进一步布局完善"第三代半导体"产 业集群，为新能源汽车、新型显示、光伏、储能、AI数据中心等关键应用场景的业务拓展提供核心支 撑，丰富产品结构、协同客户开发，并推动上下游产业链形成生态聚集效应。 据公告披露，本基金将围绕广州市"12218"现代化产业体系建设中的15个战略性产业集群之半导体与集 成电路产业领域并优先支持政府战略性产业，包括拟投资于广东芯聚能半导体有限公司。 据公 ...

据公开资料查询，广东芯聚能半导体有限公司(以及广东芯粤能半导体有限公司)为晶科电子实控人肖国 伟控制的企业，其专注于第三代半导体碳化硅功率芯片、器件、模块等的研发、生产、销售。据悉，广 东芯聚能半导体有限公司(以及广东芯粤能半导体有限公司)为国内稀缺的能够实现国产替代的头部碳化 硅IDM公司，是广州市"独角兽"创新企业、广东省"强芯工程"重点建设项目。 另据公告披露，本基金认缴规模为6.68亿元。晶科电子作为产业出资方，认缴出资2.68亿元，占比 40.12%。除晶科电子外，本基金亦包括广州市产业引导基金、市区两级国资投资平台、上市公司高质 量发展基金等主体，形成"政府引导、市场化运作、产业牵引"的协同机制，以中长期资本支持广州战略 性产业关键项目落地与产业链能力提升，也将助力晶科电子实现产业链价值提升与股东回报能力的持续 增强。 智通财经APP获悉，广东晶科电子股份有限公司(以下简称"晶科电子"，股票代码：02551)今日披露，公 司作为产业出资方参与设立广州天泽晶芯创业投资基金合伙企业(有限合伙)(以下简称"本基金")。本次 参与设立基金，是晶科电子从"内生发展"至"外延布局"的主动战略选择，旨在进一步布 ...