Core Viewpoint - The semiconductor materials and equipment sector is experiencing significant growth, driven by domestic policy support and the ongoing trend of self-sufficiency in semiconductor manufacturing in China [1][2]. Group 1: Market Performance - As of July 8, 2025, the CSI Semiconductor Materials and Equipment Theme Index rose by 1.06%, with key stocks such as Yake Technology increasing by 4.11%, Zhichun Technology by 3.76%, and Jingrui Electric Materials by 3.00% [1]. - The Semiconductor Materials ETF (562590) increased by 1.27%, with the latest price at 1.11 yuan [1]. - The ETF showed active trading with a turnover rate of 16.34% and a transaction volume of 54.3741 million yuan, indicating a vibrant market [1]. Group 2: Industry Insights - According to First Capital Securities, the changing dynamics of Sino-U.S. relations do not alter the fundamental logic of self-sufficiency in semiconductor manufacturing, suggesting that there is still room for improvement in the domestic semiconductor equipment localization rate [1]. - The domestic semiconductor industry chain is expected to accelerate its integration through horizontal category expansion and vertical technological complementarity, enhancing industry concentration and overall competitiveness [1]. - Leading companies are likely to leverage their financial scale and industry chain dominance to strengthen their market position [1]. Group 3: ETF Composition - The Semiconductor Materials ETF (562590) closely tracks the CSI Semiconductor Materials and Equipment Theme Index, which includes 40 listed companies deeply involved in the semiconductor materials and equipment sectors [2]. - The index features leading companies that have made significant advancements in domestic substitution, such as North Huachuang and Zhongwei Company in etching equipment, and Hu Silicon Industry and Nanda Optoelectronics in key materials [2]. - The sample selection reflects the trend of self-initiated upgrades in the semiconductor industry chain, showcasing the overall performance of listed companies in the semiconductor materials and equipment sectors [2].

2025年7月8日，北京屹唐半导体科技股份有限公司，代码"688729"（以下简称"屹唐股份"）完成中国半导体设备领 域里程碑式的资本化跨越。于A股科创板正式挂牌上市，首个交易日开盘价格26.2元，市值飙升至774亿，开盘涨幅 达210%，这家全球第二大的干法去胶设备企业，在黄浦江资本等股东的深度赋能下成为了国内首屈一指的硬科技 投资的价值裂变样本。 战略锚定国产替代核心战场 2020年半导体设备国产化浪潮初起之际，黄浦江资本就重仓布局屹唐股份。该决策植根于多重关键洞察，屹唐股份 不仅以34.6%的全球市占率稳居干法去胶设备领域第二，其快速热处理设备全球份额达13.05%，更服务台积电、三 星电子等十大国际芯片制造商超十年，累计装机量突破4,800台。 同时，伴随着中国半导体设备国产化率从2018年不足10%提升至2024年28%，政策红利驱动市场规模五年增长近3 倍。这一前瞻布局也迎来了丰厚回报，屹唐股份2024年净利润同比增长60%-86%，2025年一季度增速飙升至 113%。 全面构建硬科技投资生态矩阵 黄浦江资本表示：屹唐股份的上市标志着其完成半导体投资战略闭环——上游布局全球内存接口芯片龙头澜起科 ...

Core Viewpoint - A-shares showed a positive trend with significant gains in the ChiNext index, driven by strong performance in the photovoltaic sector and other emerging concepts [1] Market Performance - The three major A-share indices opened mixed but continued to rise during the session, with the Shanghai Composite Index up by 0.58%, the Shenzhen Component Index up by 1.27%, and the ChiNext Index up by 2.26% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 873 billion, an increase of approximately 101.2 billion compared to the previous day, with a net inflow of about 1.5 billion from main funds [1] Sector Highlights - The photovoltaic sector experienced a significant surge, with stocks like Shihang New Energy and Tongwei Co. hitting the daily limit, while Yamaton showed a "ceiling and floor" performance [1] - The consumer electronics sector rebounded, highlighted by Industrial Fulian reaching the daily limit [1] - The gaming sector performed well, with Ice Glacier Network leading the gains [1] - Other sectors such as rare earth permanent magnets, semiconductors, blind box economy, and engineering machinery also saw early gains [1] Weak Sectors - Major financial concepts, including banking and insurance, showed collective weakness [1] - Other sectors such as agriculture, animal husbandry, fishing, ice and snow economy, and tourism and hotels experienced early declines [1]

半导体上市潮。 投资界消息，今天（7月8日），北京屹唐半导体科技股份有限公司（简称"屹唐股份"） 正式在科创板上市，发行价格为8.45元/股，开盘大涨超20 0%，市值一度突破77 0亿，后 回落至60 0亿。 此次IPO，屹唐以24 . 9 7亿元募资额位列北京地区第一。 屹唐股份身后，北京国资坐镇。9年前，在亦庄国投的支持下，半导体专家陆郝安博士带 领屹唐打响半导体设备跨国并购的第一枪，屹唐由此开启产业破局之旅，在国际市场闯出 名堂。 此前，屹唐经历一场漫长的上市征途。如今成功IPO，标志着国产半导体上市潮拉开序幕 ——长鑫存储、紫光展锐、上海超硅、摩尔线程、沐曦集成、粤芯半导体. ... . 所有人都在 争抢这个宝贵的IPO窗口 。 作者 I 杨继云 报道 I 投资界PEdaily 北京一个超级IPO诞生了。 始于一场跨国并购 他临危受命 屹唐半导体的故事，始于当年一场震动业界的并购案。 2 0 1 6年5月，硅谷，中国半导体设备国际并购案第一单落定——在北京亦庄国投的主导 下，屹唐盛龙以约3亿美元的总价，成功买下硅谷的半导体设备公司Ma tts on Te c hn ol o g y （MTI），这是 ...

Group 1 - The core achievement of Zhongyi Chuangxin is the successful increase of silicon carbide semiconductor powder purity to 8N8 (99.9999998%), marking a significant breakthrough in high-end semiconductor materials in China [1] - Prior to this achievement, the highest global purity record for silicon carbide powder was 8N (99.999999%), held by an international industry giant [1] - Zhongyi Chuangxin was established in May 2023 and has focused on the research and production of silicon carbide semiconductor materials, previously achieving a purity level of 7N8 (99.999998%) [1] Group 2 - The company has introduced a new pollution-free crushing device and advanced powder synthesis furnace to enhance the purity of silicon carbide powder, increasing the yield rate from 55% to 85% [1] - The silicon carbide semiconductor powder products have advantages such as large particle size, high purity, high alpha content, and low free carbon, making them particularly suitable for the growth of 8-inch silicon carbide thick single crystal ingots [2] - The products have been verified and used by well-known domestic companies such as Zhejiang Maizi, Jiangsu ChaoXingXing, and Shandong Yuehai Jin [2]

值得关注的是，在此次上市前，该公司已获得包括国家大基金在内的多轮重磅投资，2024年3月最新一 轮融资估值已达1508亿元。作为国内DRAM厂商的代表，长鑫科技拥有显著的市场优势，其多元的产品 线和多年来深耕本土市场的积累令其市场认可度不断提升，是竞争激烈的芯片行业内具备稀缺性的投资 标的。若IPO进程顺利，长鑫科技有望成为A股"存储芯片第一股"。 半导体材料ETF（562590）紧密跟踪中证半导体材料设备主题指数，该指数精选40只业务深度覆盖半导 体材料与半导体设备领域的上市公司证券作为样本。指数成分股中汇聚了多家在国产替代进程中表现突 出的龙头企业——例如在刻蚀设备领域实现技术突破的北方华创、中微公司，以及在硅片、电子化学品 等关键材料环节打破海外垄断的沪硅产业、南大光电等，样本股的筛选既聚焦行业核心赛道，充分体现 了半导体产业链自主化升级的发展趋势，反映半导体材料和设备上市公司证券的整体表现。 7月8日，A股三大指数开盘涨跌不一，存储芯片、先进封装方向领涨，CRO、电路板等概念涨幅居前， 在此背景下，半导体材料开盘冲高。截至09点43分，中证半导体材料设备主题指数（931743）上涨 0.91%，成分股 ...

Market Overview - The A-share market opened with mixed performance, with the Shanghai Composite Index up 0.04% at 3474.63 points, while the Shenzhen Component Index and the ChiNext Index fell by 0.04% and 0.03% respectively [2][3] - The Hong Kong market saw the Hang Seng Index rise by 0.17% and the Hang Seng Tech Index increase by 0.28%, with notable gains in companies like Far East Horizon and Kingstone Pharmaceuticals [4] Sector Performance - Advanced packaging, semiconductor, and power sectors showed strength, while tax refund stores, recombinant protein, and CPO concepts opened lower [1] - The storage chip sector led gains, with companies like Jingzhida rising over 7% following news of Changxin Memory's listing guidance [1] - Shipping and port concepts also performed well, with Ningbo Ocean and Ningbo Shipping both rising over 3% amid news of Houthi attacks on Red Sea merchant ships [1] Monetary Policy - The central bank conducted a 690 billion yuan reverse repurchase operation with a rate of 1.40%, while 1310 billion yuan of reverse repos are set to mature today [5] Currency Exchange - The RMB against the USD was adjusted down by 28 basis points to a midpoint of 7.1534, with the onshore closing price at 7.1747 [6]

公众号记得加星标⭐️，第一时间看推送不会错过。 来源：内容编译自communicationstoday。 位于首尔东大门区的辉经工业高中曾经熙熙攘攘，如今更名为首尔半导体高中，正准备迎接一次重大 的定位转变。在李明博政府大力推行职业教育的鼎盛时期，该校招生人数曾高达2500人。如今，学生 人数仅剩80人。面临关闭，该校正在转型为半导体高中，计划明年招收64名新生。 该校新任校长池宇中曾任三星电子高管，负责管理印度和埃及的工厂。但池宇中面临的前景一片黯 淡。尽管政府提供预算支持，但这些资金几乎无法支付人员成本，甚至连购买二手半导体设备的空间 都有限。寻找合格的教师更是雪上加霜。该校提供的时薪不高，最高可达5万韩元（37美元），但经验 丰富的专业人士是否愿意以这样的薪水授课仍不确定。即使愿意，根据现行教育部规定，除非持有正 式教师资格证书，否则不得留校—一而拥有教育背景的半导体专业人士几乎不具备教师资格证书。 为了吸引学生，学校提供宿舍。然而，由于监管方面的限制，建造一座3300平方米（35521平方英 尺）的宿舍可能需要长达四年的时间。 自20世纪80年代以来，半导体一直是韩国经济的基石。然而，韩国只有六所半导 ...

以下为研究报告摘要： 一、投资热点新闻 1.半导纵横，芯海科技在互动平台表示：公司首款高性能、高可靠性、高功能安全 ASIL-D等级的车规MCU产品已于近期流片；2.核芯产业观察，纳氟科技完成数千万元Pre-A 轮融资，本轮融资将用于扩建高频高速覆铜板（CCL）产线、推动航空航天、通讯、汽车、 数据中心等领域的产品布局，加速数千亿国产高端印刷线路板PCB的关键电子材料的技术突 破与商业化落地； 3.集邦化合物半导体，近日，厦门士兰微8英寸碳化硅功率器件芯片制造生产线项目 （一期）迎来重大进展。首台设备提前搬入，预示着项目将快速进入设备安装与调试阶段， 有望按计划实现通线和试生产； 4.闪存市场，中国移动AI服务器（推理型扣卡风冷）集采标包公示。招标公告显示：中 国移动2025年至2026年人工智能通用计算设备（推理型）集采项目项目共6个标包，预估一 共将采购7058台AI服务器； 5.艾邦半导体网，英飞凌官网宣布，其基于300毫米晶圆的可扩展GaN制造技术进展顺 利，首批样品将于2025年第四季度向客户提供。英飞凌已做好准备扩大客户群，巩固其作为 GaN市场领先企业的地位； 6.半导体材料与工艺设备，日本材料 ...

Core Viewpoint - Suzhou Good-Ark Electronics Co., Ltd. is preparing for a specific object stock issuance to raise funds for its semiconductor and photovoltaic businesses, highlighting its strong market position and growth potential in these sectors [1][2][3]. Company Overview - The company, established on August 24, 2002, specializes in semiconductor devices and photovoltaic materials, with a registered capital of 808.085816 million yuan and listed on the Shenzhen Stock Exchange since November 16, 2006 [1]. - Suzhou Good-Ark Electronics is recognized as a national high-tech enterprise, focusing on the research and industrialization of semiconductors and new materials [1][2]. Main Business - The company's primary business segments include semiconductor discrete devices and integrated circuit packaging, with over 50 series and more than 7,000 varieties of products [2]. - In the photovoltaic sector, its subsidiary, Suzhou Jingyin, is a leading supplier of solar cell conductive paste, achieving significant market share and establishing long-term partnerships with major industry players [3]. Financial Data - As of March 31, 2025, the company reported total assets of 4.117 billion yuan, with total liabilities of 1.029 billion yuan, resulting in total equity of 3.088 billion yuan [6]. - For the first quarter of 2025, the company generated operating revenue of 901.0843 million yuan, with a net profit of 365.847 million yuan [6]. Market Position - The company has maintained a leading position in the semiconductor industry, with its rectifier diode sales ranking among the top in China for over a decade [2]. - In the photovoltaic sector, Suzhou Jingyin ranks third globally in market share for conductive paste and first in low-temperature paste for heterojunction cells [3]. Innovation and R&D - The company emphasizes technological innovation and has established several research and development platforms, accumulating a significant number of patents [4]. - As of March 31, 2025, the company holds 201 authorized domestic patents, including 78 invention patents [4]. Fundraising and Project Plans - The upcoming stock issuance aims to raise up to 886.8 million yuan, primarily for projects related to solar electronic paste production and small-signal product packaging and testing [20][23]. - The company plans to invest in projects that align with its growth strategy and market demand, ensuring a focus on innovation and efficiency [20][23]. Industry Context - The semiconductor industry in China faced a sales growth of only 2.2% in 2023, indicating a slowdown compared to previous years, which may impact the company's performance [10]. - The photovoltaic industry is experiencing significant fluctuations due to policy changes and market dynamics, which could affect the demand for the company's products [11][12].