5月外贸数据公布，从主要出口产品来看，集成电路对出口拉动作用较为明显，且连续两月呈现量价同 升的情况。在当前全球产业链重构的背景下，集成电路出口需求仍然旺盛。（资料参考：兴业证券《宏 观市场 | 集成电路出口连续量价双增——评2025年5月进、出口数据》，2025.6.11） 5月外贸数据整体出现回落迹象，其中出口同比录得4.8%，较前值下降3.3个百分点。但集成电路却成为 出口产品中的一大亮点—— 集成电路进出口持续增长，自主可控之路加速前行 从出口规模来看，5月集成电路出口增速达到33.4%，拉动整体出口增长1.4个百分点，较4月进一步提高 0.4个百分点； 从此前公布的目的地出口数据来看，在我国集成电路的主要出口目的地中，增速靠前的经济体为日本、 中国台湾地区、印度、新加坡和越南，出口增速分别为85.5%、53.2%、47.8%、45.1%、26.7%。（资料 参考：兴业证券，《宏观市场 | 集成电路出口连续量价双增——评2025年5月进、出口数据》， 2025.06.11） 有业内分析认为，随着国内企业加大投资和研发力度，中国在半导体制造设备等关键环节依赖进口的局 面有望逐步改善，中国集成电路产业的自 ...

Core Viewpoint - The article highlights the significant advancements made by domestic semiconductor equipment manufacturers, particularly in the field of thin film deposition equipment, which has reached international leading levels, while acknowledging the existing gap in lithography technology compared to global leaders like ASML [1][4]. Group 1: Breakthrough Direction and Market Dynamics - In 2010, the domestic semiconductor equipment market was dominated by international giants, with over 90% market share, prompting companies like拓荆科技 to focus on PECVD equipment as a breakthrough point due to its large market scale [3][4]. - The push for domestic substitution policies has led to unprecedented support for local semiconductor equipment suppliers, with expectations for domestic wafer production capacity to double by 2027 [4][5]. - The ongoing geopolitical tensions have accelerated the push for domestic semiconductor equipment localization, benefiting the equipment sector in the medium to long term [5][6]. Group 2: Technological Advancements and Milestones - In 2011,拓荆科技 produced its first 12-inch PECVD equipment, marking a significant milestone in China's semiconductor equipment development [6][8]. - By 2015, the PF-300T PECVD equipment had achieved over 10,000 wafers processed at中芯国际, validating the reliability of domestic equipment for large-scale production [8][9]. - The company has successfully developed a comprehensive technology system covering PECVD, ALD, and SACVD, with a strong focus on R&D, resulting in over 1,200 patents filed [12][13]. Group 3: Industry Ecosystem and Collaboration - The collaboration between various entities, including national research institutions and leading semiconductor manufacturers, has been crucial for the success of domestic equipment suppliers like拓荆科技 [27][28]. - The domestic semiconductor equipment industry has seen a significant increase in localization rates, projected to reach 50% by 2025-2026, compared to less than 5% in 2010 [28][29]. - The competitive landscape among domestic manufacturers is robust, with companies like北方华创 and中微公司 also making strides in different technology routes [29][30]. Group 4: Market Trends and Future Outlook - The global semiconductor equipment market is expected to grow significantly, with the thin film deposition equipment market projected to reach $34 billion by 2025, driven by advancements in storage chips and packaging technologies [30][31]. - The rise of three-dimensional integration technologies is anticipated to create new revenue streams for companies like拓荆科技, with a projected market size of nearly 30 billion yuan in the next five years [31].

，快速完成参会注册 第十三届半导体设备与核心部件及材料展（CSEAC 2025） ， 2025年9月4日至6日 ， 将在无锡太 湖国际博览中心举行。 CSEAC以"专业化、产业化、国际化"为宗旨，是我国半导体设备与核心部件及材料领域最具知名度的年度性 展会，集"技术交流、展览展示、产品发布、经贸洽谈、国际合作及市场拓展"于一体的产业盛宴。今年呈现五 大亮点： 亮点一：规模盛大，映射中国半导体势不可挡 CSEAC 2025 规划晶圆制造设备、封测设备、核心部件、材料等主题展区， 展览面积超60000m 2 ， 1000+企 业参展 ，展商数量同比增长40%以上。展览面积的扩增、展商数量的增长，映射出设备与部件产业在国内半 导体领域的高热度及当下国内半导体产业蓬勃发展的态势。 图源：CSEAC 2024 亮点二：以国际化视野促进全球产业合作 立足国际视野，与全球半导体产业核心区域的机构及企业互联互动。本届展会目前已有 来自欧洲、亚太等22 个国家和地区的150多家海外企业 主动参展 。 "全球半导体产业链合作论坛" 将集结来自全球的半导体产业领 军人物与权威技术专家，通过主题演讲、圆桌对话等方式，聚焦芯片制造、第 ...

| 工商信息 @ 自金配工具快报 | | | | | 00 0 0天眼直 品 2005-9 | | --- | --- | --- | --- | --- | --- | | 企业名称 | 或和市基本产业补漏较投股新疆企合伙企业《判限合伙》 | | | | | | 的行事务合伙人 | 我到用瑞田红土製权股股票全覆 M 理有限公司 | 腰记就变() | 行续 | 天眼停分 | 993 | | | 委颁代表:献得 (走蛋于中国也) | 成立日期 | 2025-04-29 | | | | 统一社会信用代码() | 91440300MAEH02F09K | 用密酸 | 360000万人民币 | 女魔案社 | | | 工商注册号 | 440300225635270 | 快税人讲频导 | 91440300MAEH02F09K | 姐识机构代码 () | MAEH02F0-9 | | 数业增限 | 2025-04-29 蓝 2040-04-30 | 纳税人造质 | | 核准日期 | 10 | | 企业类型 | 有限合伙企业 | 行业 | 资本市场服务: | 人民规模 | | | ●個人数 | | 英文巴称 | | | | ...

环球市场动态 " 大 而 美 法 案 " 的 政 治 、 市 场 与 产 业 影 响 股 票 周五A股涨跌不一，港股偏弱下跌； 欧洲股市走弱，市场谨慎观察美国 关税谈判进展，欧方称截止日前很 难实现全面协议；美股独立日休市。 外 汇 / 商 品 OPEC+周六召开视频会议，同意将 8 月份日产量提高 54.8 万桶，增产 幅度超过预期，兩款期油在今早亚 洲时段下跌超 1%。 固 定 收 益 上周五美国金融市场假期休市。本 周将有 3 年期、10 年期和 30 年期 美债拍卖，以及关税暂停期结束后 新关税贸易变化扰动市场。上周五 亚洲债市交投清淡，情绪坚挺，利 差收窄 1-5 个基点。 产品及投资方案部 注：bp/bps=基点；pt/pts=百分点 中信证券财富管理 (香港) 免责声明请参考封底 欧美主要指数 主要指数 指数 收盘点位 1日涨跌 (%) 道琼斯 44,828.5 0.0 标普 500 6,279.4 0.0 纳斯达克 20,601.1 0.0 巴西圣保罗证交所指数 141,263.6 0.2 标普墨西哥 IPC 指数 57,977.8 0.1 欧元区斯托克 600 541.1 (0.5) 英国富 ...

地址：北京市朝阳区朝阳门外大街甲6号万通中心D座20层（100020） 总机：010-8535 6666 资讯早间报 制作日期： 2025/07/07 隔夜夜盘市场走势 3. 伦敦基本金属收盘全线下跌，LME 期镍跌 1.24%报 15260.00 美元/吨，本周 累计上涨 0.1%；LME 期铜跌 1.03%报 9852.00 美元/吨，本周累计下跌 0.26%； LME 期锌跌 0.55%报 2735.50 美元/吨，本周累计下跌 1.57%。铜铝价格高位震 荡，铜精矿供应紧张支撑铜价，但消费淡季需求放缓抑制涨幅；铝锭社会库存 增加，高铝价抑制下游消费。 4. 国内期货主力合约多数下跌。丁二烯橡胶跌超 2%，20 号胶（NR）跌超 1%， 纯碱、橡胶、燃料油跌近 1%。涨幅方面，苯乙烯（EB）、棉花、菜粕、棉纱、 烧碱小幅上涨。 投资有风险，入市需谨慎。 本公司具备期货交易咨询业务资格，请务必阅读最后一页免责声明。 地址：北京市朝阳区朝阳门外大街甲6号万通中心D座20层（100020） 总机：010-8535 6666 重要资讯 【宏观资讯】 1. 国际贵金属期货小幅收涨，COMEX 黄金期货收涨 0.1 ...

投资咨询业务资格：证监许可【2011】1778 号 资讯早班车 资讯早班车-2025-07-07 一、 宏观数据速览 | 发布日期 | 指标日期 | 指标名称 | 单位 | 当期值 | 上期值 | 去年同期值 | | --- | --- | --- | --- | --- | --- | --- | | 20250416 | 2025/03 | GDP:不变价:当季同比 | % | 5.40 | 5.40 | 5.30 | | 20250630 | 2025/06 | 制造业 PMI | % | 49.70 | 49.50 | 49.50 | | 20250630 | 2025/06 | 非制造业 PMI:商务活 动 | % | 50.50 | 50.30 | 50.50 | | 20250613 | 2025/05 | 社会融资规模增量:当 | 亿元 | | 22870.00 11599.00 | 20623.00 | | | | 月值 | | | | | | 20250613 | 2025/05 | M0(流通中的现金):同 比 | % | 12.10 | 12.00 | 11.70 | | 202506 ...

Core Viewpoint - The recent performance of the Central State-Owned Enterprises Innovation-Driven Index and its related ETF indicates a positive market sentiment, with significant growth in specific sectors such as technology and high-end manufacturing [3][4]. Group 1: Market Performance - As of July 4, 2025, the Central State-Owned Enterprises Innovation-Driven ETF (515900) has seen a weekly increase of 1.18%, ranking 2nd among comparable funds [3]. - The ETF's net asset value has increased by 4.25% over the past year, with a maximum monthly return of 15.05% since its inception [4]. - The ETF's trading volume averaged 2,777.30 million yuan over the past year, making it the top fund in its category [3][4]. Group 2: Investment Opportunities - Analysts are optimistic about emerging growth opportunities in sectors such as new consumption, innovative pharmaceuticals, artificial intelligence, and domestic semiconductor equipment [3]. - The introduction of new policies in the Sci-Tech Innovation Board is expected to enhance the environment for technological and industrial innovation [4]. Group 3: Fund Characteristics - The Central State-Owned Enterprises Innovation-Driven ETF has the lowest management fee rate of 0.15% and a custody fee of 0.05% among comparable funds [4]. - The ETF has a tracking error of 0.038% over the past five years, indicating the highest tracking precision among its peers [5]. - The top ten weighted stocks in the index account for 34.87% of the total index, including companies like Hikvision and China Southern Power Grid [5].

Group 1 - The core viewpoint of the articles highlights a positive trend in the semiconductor industry, with significant growth in demand and prices, particularly driven by AI and consumer electronics [1][2]. - The semiconductor materials ETF (562590) has seen a recent increase in its scale, reaching 331 million yuan, marking a one-month high, and has experienced substantial growth in shares over the past week [1][2]. - The Shenzhen government has implemented measures to promote high-quality development in the semiconductor and integrated circuit industry, including the establishment of a 5 billion yuan "Semi-Industry Private Fund" to support the entire industry chain [1]. Group 2 - East China Securities reports that the semiconductor industry continued to recover in June, with expanding price increases and structural opportunities in AI computing power, AIOT, semiconductor equipment, and key components [2]. - The semiconductor materials ETF closely tracks the CSI Semiconductor Materials and Equipment Theme Index, which includes 40 companies deeply involved in the semiconductor materials and equipment sectors, reflecting the overall performance of listed companies in this field [2]. - Key companies in the index include North Huachuang and Zhongwei Company, which have made technological breakthroughs in etching equipment, as well as Hu Silicon Industry and Nanda Optoelectronics, which have disrupted overseas monopolies in critical materials [2].

瞭望塔财经通过上交所官网了解到，福建德尔科技股份有限公司（以下简称"德尔科技"）于2025年6月30日正式申报上交所主板IPO。这是这家氟化工企业自 2023年6月获受理后，在更新财务数据、调整募资计划后的再次闯关。 作为国内氟化工领域的"硬科技独角兽"，德尔科技曾以颠覆式创新突破系列"卡脖子"技术闻名。但最新财务数据却显示，公司归母净利润连续三年下滑，从 2021年的3.03亿元降至2023年的1.19亿元，2024年上半年仅6401万元。 更引人注目的是，此次IPO募资规模从原计划的30亿元大幅缩水35%，调整后仅剩19.45亿元。募投项目也从7项砍至3项，新能源材料相关项目全部被剔除。 1、业绩大滑坡，业务转型困局 德尔科技成立于2014年6月，由赖宗明、黄天梁、华祥斌等六人共同出资设立。公司主营业务覆盖氟化工基础材料、新能源电池材料、特种气体和半导体湿 电子化学品等含氟新材料领域。 从业绩表现看，公司近年经营状况令人忧虑。2022年至2024年，公司扣非净利润从1.84亿元骤降至0.86亿元，同比降幅超过50%。 | | | | 单位:万元 | | --- | --- | --- | --- | | ...