科创50ETF（588000）追踪科创50指数，指数持仓电子行业69.3%，计算机行业5.17%，合计74.47%， 与当前人工智能、机器人等前沿产业的发展方向高度契合。同时涉及半导体、医疗器械、软件开发、光 伏设备等多个细分领域，硬科技含量高，看好中国硬科技长期发展前景的投资者建议持续关注。 11月3日午后，A股三大指数全线翻红。科创50ETF（588000）午后拉升，跌幅有所收窄，截止发稿下跌 1.21%。盘面上，光伏设备板块午后再度拉升，持仓股阿特斯强势领涨，涨超14%；晶科能源纷纷跟 涨，涨超4%。截至发文，科创50ETF（588000）成交额超41亿元，位居同类产品第一。 消息面上，10月28日至30日，电子半导体产业创新发展大会暨国际电子电路（大湾区）展览会在深圳举 行。行业焦点集中于AI算力硬件、汽车电子、低空经济等高端应用对高阶PCB、先进封装、陶瓷基板等 基础技术的迫切需求。一系列技术论坛探讨了解决存储瓶颈、提升算力效能的路径，同时发布了超高层 PCB与HDI板等核心技术突破，标志着行业正加速向高密度、高可靠性方向演进，为相关产业链带来明 确增长动能。 展望后市，开源证券指出，算力与存储行业 ...

Core Viewpoint - The company has delivered a strong half-year performance with increased profits despite revenue pressure, showcasing its resilience and strategic focus on R&D and international market expansion [1][2]. Financial Performance - The company achieved a total revenue of 11.117 billion yuan and a net profit of 287 million yuan, marking a year-on-year increase of 32.02% [1][2]. - The net profit excluding non-recurring items was 282 million yuan, reflecting a growth of 31.59% year-on-year [2]. - Operating costs decreased by 20.64%, contributing to a slight improvement in gross margin [2]. - Operating cash flow showed significant improvement, with a net outflow of 609 million yuan, an 81.61% enhancement compared to the same period last year [2]. R&D Investment - The company maintained a high level of R&D investment, with 1.439 billion yuan spent in the first half of 2025, accounting for 12.95% of total revenue [1][3]. - Continuous breakthroughs in core technologies such as optical transmission and broadband access were reported, including the global first trial of 400G/800G integrated rate ROADM [3]. - The company has focused on optimizing its R&D project structure while ensuring core technology development, leading to improved resource utilization efficiency [3]. International Market Expansion - The company achieved significant market share in Southeast Asia, the Americas, and Africa, with overseas assets reaching 1.046 billion yuan, representing 2.43% of total assets [1][4]. - The company has established a global presence with three overseas production bases, eight R&D centers, and eleven global delivery centers, covering over 100 countries and regions [4]. - The company actively participates in international exhibitions to enhance its brand presence and has become a long-term partner for operators in Southeast Asia, Latin America, and Europe [4]. Corporate Governance and Shareholder Returns - The company has consistently maintained a cash dividend policy since its listing, with a dividend payout ratio exceeding 30%, totaling 3.794 billion yuan in cash dividends [4].