市场冲高回落，尾盘拉升，三大股指集体收红。板块方面，尾盘电网设备概念异动拉升，保变电气涨停；算力硬件股震荡 走强，奕东电子、中光防雷等多股20cm涨停，英维克涨停，总市值突破1000亿；海南板块活跃，海南海药、海南瑞泽等多股涨 停；下跌方面，大消费板块集体走弱，曲江文旅跌停；军工板块走低，陕西华达跌超10%领跌。总体来看，两市个股跌多涨 少，下跌个股超3800只。截至收盘，沪指报3919.98点，涨0.07%；深证成指报13368.99点，涨0.27%；创指报3205.01点，涨 0.41%。盘面上，光刻机、电池、氟化工概念涨幅居前，旅游及酒店、太赫兹、军工信息化板块跌幅居前。 ...

Market Performance - A-shares market showed overall positive performance in the morning, with the Shanghai Composite Index continuing to rise and the ChiNext Index surpassing the 3200-point mark [1][3] Sector Highlights - The non-ferrous metals sector led the market, with a rise of over 2%. Notable stocks included Zhangyuan Tungsten (002378) and Xianglu Tungsten (002842), which hit the daily limit up [2][3] - Other stocks in the non-ferrous metals sector that followed suit included Shenzhen New Star (603978), Bowei Alloy (601137), Shandong Gold (600547), Zhongtung High-tech (000657), Haotong Technology (301026), and Yunnan Zhiye (002428) [3] Precious Metals Surge - Precious metals prices experienced a significant surge, with domestic futures showing widespread increases. Platinum futures reached a new high of 619.95 CNY per gram, while palladium futures also hit a new high of 555.15 CNY per gram. Silver and gold futures also broke previous records [5] Other Sector Performances - Other sectors such as building materials, electrical equipment, and electronics also showed strong performance [6] - The non-bank financial sector performed well, with China Ping An breaking through the 70 CNY mark, reaching a four-year high [7] New Stock Listings - Three new stocks listed on the A-shares market all saw significant gains in the morning. Notably, Nabai Chuan (301667) surged over 240%, focusing on thermal management products for electric vehicles [10][11] - Xihua Technology (603248) saw a rise of over 180%, specializing in high-end equipment components for wind power and injection molding [12] - Tian Su Measurement (301449) increased by over 150%, providing measurement calibration and testing services across various industries [13]

A股市场今天上午主要指数整体表现较好，其中上证指数继续上行，创业板指重返3200点整数关口之上。 在贵金属价格全面暴涨的刺激下，A股市场有色金属板块大涨，成为上午市场主要亮点之一。 A股有色金属板块大涨 贵金属再掀暴涨潮 消息面上，贵金属价格继续全面上涨。今天上午，国内贵金属期货再度普遍大幅上涨，部分品种涨势进一步加速，其中广期所铂主力合约盘中触及涨停， 盘中最高触及619.95元/克，再创该合约上市以来新高；广期所钯主力合约上午盘中也触及涨停，盘中最高触及555.15元/克，再创该合约上市以来新高； 上期所白银期货主力合约盘中涨幅超过4%，盘中再创历史新高；上期所黄金期货主力合约也强势突破，盘中突破前段时间高点，创出历史新高。 建筑材料、电力设备、电子等板块也涨幅居前。 非银金融板块表现也较好，中国平安强势突破70元大关，股价创出最近四年新高。 概念板块方面，光刻机、锂矿、培育钻石等概念板块走强。 3只新股上午全部大涨 A股市场今天上午主要指数整体表现较好，其中上证指数继续上行，创业板指重返3200点整数关口之上。 行业板块和赛道方面，若按照申万一级行业划分，有色金属板块领涨，板块盘中涨幅超过2%，章源钨业 ...

23日早盘，三大股指全线走高，创业板指一度涨超1%，全A超3300股飘绿。 盘面上看，旅游餐饮、地产、食品饮料等板块走低，有色、半导体等板块拉升，保险、银行、券商等板 块上扬，光刻机、固态电池概念等活跃。 东莞证券认为，随着美联储12月延续降息以及国内中央经济工作会议政策陆续落地，市场中期的政策方 向与流动性预期已趋于明朗。短期来看，内外因素对A股的扰动可能已接近尾声。当前至明年一季度， 市场流动性环境预计保持宽松，在低利率与优质资产稀缺的背景下，居民"存款搬家"的趋势仍有望持 续。前期市场的回调，正为投资者提供了较好的布局窗口，积极把握即将到来的春季行情机会。 （文章来源：证券时报网） 截至午间收盘，沪指涨0.34%报3930.87点，深证成指涨0.65%，创业板指涨0.78%，沪深北三市合计成交 12523亿元。 ...

A股市场今天上午主要指数整体表现较好，其中上证指数继续上行，创业板指重返3200点整数关口之上。 在贵金属价格全面暴涨的刺激下，A股市场有色金属板块大涨，成为上午市场主要亮点之一。 A股有色金属板块大涨 贵金属再掀暴涨潮 A股市场今天上午主要指数整体表现较好，其中上证指数继续上行，创业板指重返3200点整数关口之上。 行业板块和赛道方面，若按照申万一级行业划分，有色金属板块领涨，板块盘中涨幅超过2%，章源钨业、翔鹭钨业盘中触及涨停，深圳新星、 博威合金、山东黄金、中钨高新、浩通科技、云南锗业等股票盘中跟涨。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 ▼ | | --- | --- | --- | --- | --- | | 002378 | 章源钙业 | 16.26 | 1.48 | 10.01% | | 603978 | 深圳新星 | 28.27 | 2.57 | 10.00% | | 002842 | 规管钨业 | 15.08 | 1.37 | 9.99% | | 600547 | 山东黄金 | 41.08 | 3.00 | 7.88% | | 601137 | 博威合金 | 21.98 | 1 ...

12月23日，沃格光电盘中下跌2.03%，截至11:18，报31.92元/股，成交1.77亿元，换手率2.43%，总市值 71.71亿元。 资金流向方面，主力资金净流入429.62万元，大单买入2911.80万元，占比16.43%，卖出2482.18万元， 占比14.00%。 沃格光电今年以来股价涨26.42%，近5个交易日跌7.13%，近20日涨13.88%，近60日跌6.64%。 资料显示，江西沃格光电集团股份有限公司位于江西省新余高新技术产业开发区西城大道沃格工业园， 成立日期2009年12月14日，上市日期2018年4月17日，公司主营业务涉及FPD光电玻璃精加工业务。主 营业务收入构成为：光电显示器件51.83%，光电玻璃精加工29.63%，其他18.44%，其他(补充)0.10%。 沃格光电所属申万行业为：电子-光学光电子-面板。所属概念板块包括：商业航天（航天航空）、光刻 机、折叠屏、CPO概念、5G等。 截至12月10日，沃格光电股东户数2.31万，较上期增加10.46%；人均流通股9729股，较上期减少 9.46%。2025年1月-9月，沃格光电实现营业收入19.00亿元，同比增长15.66 ...

Core Viewpoint - The A-share market experienced a significant rise, with major indices showing positive performance, particularly in sectors related to energy metals, lithium mining, and battery production [1]. Group 1: Market Performance - The ChiNext Index increased by 1.08%, the Shanghai Composite Index rose by 0.47%, and the Shenzhen Component Index gained 0.83% [1]. - Approximately 2,000 stocks rose while 3,300 stocks declined across the market [1]. Group 2: Sector Performance - The lithium battery electrolyte index surged by 7.23%, indicating strong investor interest in this segment [2]. - Other notable indices included the fiberglass index at 5.61%, the power battery index at 3.79%, and the lithium battery index at 3.22% [2]. - The lithium mining index also showed a positive change of 2.90%, reflecting ongoing demand in the lithium sector [2].

Core Viewpoint - The stock of Saiwei Electronics has experienced significant fluctuations, with a year-to-date increase of 261.18%, but a recent decline of 4.98% over the past five trading days, indicating volatility in investor sentiment and market performance [1]. Group 1: Stock Performance - As of December 22, Saiwei Electronics' stock price was 62.05 yuan per share, with a market capitalization of 45.434 billion yuan [1]. - The stock has seen a trading volume of 10.18 billion yuan, with a turnover rate of 2.69% [1]. - The company has appeared on the "龙虎榜" (a trading leaderboard) four times this year, with the most recent appearance on December 3, where it recorded a net buy of -206 million yuan [1]. Group 2: Financial Performance - For the period from January to September 2025, Saiwei Electronics reported a revenue of 682 million yuan, a year-on-year decrease of 17.37%, while the net profit attributable to shareholders was 1.576 billion yuan, reflecting a substantial year-on-year increase of 1438.05% [2]. - The company's main revenue sources include MEMS wafer manufacturing (54.30%), MEMS process development (39.14%), and other segments (4.90%) [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Saiwei Electronics was 76,200, an increase of 15.65% from the previous period [2]. - The average number of circulating shares per shareholder was 7,843, a decrease of 13.54% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 21.0304 million shares, an increase of 10.7596 million shares from the previous period [3].

$\mathbf{k}_{i}\mathbf{k}_{i}\mathbf{k}_{i}\mathbf{k}_{i}\mathbf{k}_{i}$ $\mathbf{k}_{i}\mathbf{k}_{i}\mathbf{k}_{i}\mathbf{k}_{i}\mathbf{k}_{i}\mathbf{k}_{i}$ 证券研究报告 | 2025年12月19日 2025年12月20日 市场表现：20251219 大部分指数处于上涨状态，规模指数中中证 2000 指数 表现较好，板块指数中北证 50 指数表现较好，风格指数中中证 500 价值指 数表现较好。消费者服务、商贸零售、轻工制造、综合、纺织服装行业表现 较好，银行、煤炭、电子、石油石化、家电行业表现较差。海南自贸港、土 地流转、钒钛、汽车胎压监测、乳业等概念表现较好，光模块(CPO)、光刻 机、半导体硅片、存储器、磁电存储等概念表现较差。 市场情绪：20251219 收盘时有 84 只股票涨停，有 7 只股票跌停。昨日涨停 股票今日高开高走，收盘收益为 3.21%，昨日跌停股票今日收盘收益为 -3.35%。今日封板率 73%，较前日提升 4%，连板率 2 ...

Group 1 - The overall performance of the Co-Packaged Optics (CPO) sector declined by 0.39%, ranking among the top losers in the concept sector as of the market close on December 19 [1] - Notable declines within the CPO sector included companies such as Tengjing Technology, Demingli, and Dekeli, while the top gainers were Kaige Precision Machinery, Anfu Technology, and Shaanxi Huada, with increases of 11.29%, 10.00%, and 9.33% respectively [1][6] Group 2 - The CPO sector experienced a net outflow of 3.23 billion yuan in principal funds today, with 85 stocks seeing net outflows, and 22 stocks exceeding 100 million yuan in outflows [2] - The stock with the highest net outflow was Saiwei Electronics, with a net outflow of 692.86 million yuan, followed by Shenghong Technology, Changguang Huaxin, and Tianfu Communication with net outflows of 483.44 million yuan, 293.23 million yuan, and 274.98 million yuan respectively [2][3] Group 3 - The top gainers in terms of net inflow of principal funds included companies like Fenghuo Communication, Xinyi Sheng, and Lingyi Zhizao, with net inflows of 500 million yuan, 369 million yuan, and 250 million yuan respectively [2][6] - The CPO sector's performance was contrasted with other sectors such as Hainan Free Trade Zone, which gained 5.33%, and Dairy Industry, which increased by 3.73% [2]