（责任编辑：张晓波 ） 中证半导体材料设备主题指数由40只业务涉及半导体材料和半导体设备的股票组成，半导体设备与 半导体材料行业分别占比60%和20%；中证芯片产业指数则由50只业务涉及芯片设计、制造、封装与测 试以及半导体材料、半导体生产设备等领域的股票组成，数字芯片设计行业占比约50%，半导体设备行 业占比约20%。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 1月7日早盘，半导体设备板块再次爆发。截至10:28，芯源微涨超18%，安集科技涨超12%，南大光 电涨超11%，中微公司、北方华创涨超6%。指数方面，中证半导体材料设备主题指数上涨5.0%，中证 芯片产业指数上涨1.5%，半导体设备ETF易方达（159558）盘中净申购超4000万份。 每日经济新闻 浙商证券认为，2025年半导体设备板块显著跑赢大盘，其中前道设备营收持续高增长，利润增速结 构性放缓；后道设备迎来爆发式增长，净利率显著提升 ...

A股午评：创业板指涨近1%，锂电产业链集体走强 2025-12-23 11:37 南方财经12月23日电，市场早盘震荡拉升，创业板指涨近1%，黄白线明显分化。截至早盘收盘，沪指 涨0.34%，深成指涨0.65%，创业板指涨0.78%。沪深两市半日成交额1.24万亿，较上个交易日放量523 亿。 盘面上热点快速轮动，全市场超3300只个股下跌。从板块来看，锂电产业链快速走强，天际股份、天赐 材料等多股涨停。有色·钨概念表现活跃，翔鹭钨业、章源钨业双双涨停。半导体设备概念延续强势， 圣晖集成2连板创历史新高。下跌方面，商业航天概念冲高回落，航天机电跌停。影视院线概念多股下 挫，博纳影业2连跌停。 相关快讯 相关文章 南方财经12月23日电，市场早盘震荡拉升，创业板指涨近1%，黄白线明显分化。截至早盘收盘，沪指 涨0.34%，深成指涨0.65%，创业板指涨0.78%。沪深两市半日成交额1.24万亿，较上个交易日放量523 亿。 盘面上热点快速轮动，全市场超3300只个股下跌。从板块来看，锂电产业链快速走强，天际股份、天赐 材料等多股涨停。有色·钨概念表现活跃，翔鹭钨业、章源钨业双双涨停。半导体设备概念延续强势， 圣 ...

China Semiconductors NAURA Technology Group Co Ltd Rating Outperform Price Target 002371.CH 450.00 CNY Qingyuan Lin, Ph.D. +852 2123 2654 qingyuan.lin@bernsteinsg.com Zheng Cui +852 2123 2694 zheng.cui@bernsteinsg.com Francis Ma +852 2123 2626 francis.ma@bernsteinsg.com NAURA 3Q25: Strong beat on top line, but missed on GPM NAURA released 3Q25 earnings on Oct 30th, 2025. 3Q25 rev was a record high at RMB 11,160mn, beating our estimate by 6% & consensus by 11%, partly due to the consolidation of Beijing Seve ...

格隆汇10月27日｜A股市场半导体设备股走强，其中，拓荆科技涨10%创历史新高，金海通涨超8%，富 创精密涨超6%，中微公司涨超5%，中科飞测涨超4%。近日，SEMI在《全球半导体设备市场报告》中 宣布，2025年第二季度全球半导体设备出货金额达到330.7亿美元，同比增长24%。 ...

南方财经10月27日电，午后半导体设备股震荡拉升，拓荆科技涨超10%，创历史新高，精智达、金海 通、富创精密、赛腾股份等跟涨。近日，SEMI在《全球半导体设备市场报告》中宣布，2025年第二季 度全球半导体设备出货金额达到330.7亿美元，同比增长24%。 ...

Group 1 - The article emphasizes the importance of timely and professional information interpretation in investment decision-making [1] - It focuses on uncovering the investment value of significant events, analyzing industry chain companies, and interpreting key policies [1] - The product aims to provide users with quick information on market impacts, presenting the value of information through a professional lens and simple language [1]

Core Insights - Huahai Qingke's stock price increased by 0.45% on September 22, with a trading volume of 1.408 billion yuan [1] - The company achieved a financing buy amount of 200 million yuan and a net financing purchase of 42.236 million yuan on the same day [1] - As of September 22, the total margin balance for Huahai Qingke was 1.353 billion yuan, with a financing balance of 1.348 billion yuan, representing 2.90% of its market capitalization [1] Financing and Margin Trading - On September 22, Huahai Qingke's financing buy was 200 million yuan, with a financing repayment of 157 million yuan [1] - The financing balance is at a high level, exceeding the 90th percentile of the past year [1] - The company had a margin sell of 2,200 shares and a margin repayment of 1,973 shares, with a margin balance of 5.5374 million yuan, which is below the 40th percentile of the past year [1] Company Performance - As of June 30, Huahai Qingke had 13,600 shareholders, a decrease of 10% from the previous period [2] - The average circulating shares per person increased by 54.75% to 17,452 shares [2] - For the first half of 2025, the company reported a revenue of 1.95 billion yuan, a year-on-year increase of 30.28%, and a net profit of 505 million yuan, up 16.82% year-on-year [2] Shareholder Structure - As of June 30, 2025, Huahai Qingke's top ten circulating shareholders included several ETFs, with Huaxia's ETF holding 8.9168 million shares, an increase of 904,700 shares [2] - E Fund's ETF held 6.8629 million shares, up by 1,149,700 shares [2] - The company has distributed a total of 271 million yuan in dividends since its A-share listing [2]

Core Viewpoint - The report highlights the potential growth of domestic computing power chips in China due to regulatory actions against NVIDIA, which may lead to an increase in market share for local manufacturers [1][2]. Group 1: Domestic Computing Power Chips - Chinese internet regulators have instructed major tech companies to cease all purchases of NVIDIA's AI chips and terminate existing orders, which is expected to boost the market share of domestic computing power chips [1][2]. - Huawei announced a three-year roadmap for its Ascend AI chips, planning to launch four new products from 2026 to 2028, including self-developed HBM technology [2]. Group 2: Advanced Process Expansion - Domestic advanced logic production is expanding beyond expectations, which is favorable for local equipment manufacturers [2]. - A new iteration cycle in storage technology is anticipated next year, aligning with the technological upgrade cycle [2]. Group 3: SoC Testing Market - The market for high-end SoC testing machines is expanding, with domestic companies like Huafeng Measurement and Changchuan Technology actively developing solutions to meet the high testing requirements of SoC chips [3]. - The need for advanced packaging in computing power chips is expected to benefit domestic equipment suppliers, as local manufacturers are likely to shift towards domestic advanced packaging supply chains [3]. Group 4: Investment Recommendations - Recommended companies in the front-end process include North Huachuang and Zhongwei Company for etching and thin film deposition equipment, and in the back-end packaging, companies like Huafeng Measurement and Changchuan Technology are highlighted [3][4]. - Advanced packaging equipment suppliers such as Jing Sheng Machine and other leading semiconductor equipment manufacturers are also noted as potential beneficiaries [3][4].