格隆汇8月31日丨华虹公司(688347.SH)公布，公司拟以发行股份及支付现金的方式向上海华虹(集团)有 限公司、上海集成电路产业投资基金股份有限公司、国家集成电路产业投资基金二期股份有限公司、上 海国投先导集成电路私募投资基金合伙企业(有限合伙)等4 名上海华力微电子有限公司(以下简称"华力 微")股东购买其持有的华力微97.4988%股权并募集配套资金。 经公司申请，公司股票(证券简称：华虹公司，证券代码：688347)自 2025 年8 月18 日开市起开始停 牌。 公司董事会于 2025 年 8 月 29 日作出决议，同意《关于公司发行股份及支付现金购买资产并募集配套资 金暨关联交易方案的议案》《关于<华虹半导体有限公司发行股份及支付现金购买资产并募集配套资金 暨关联交易预案>及其摘要的议案》及相关议案。 根据上海证券交易所的相关规定，经公司申请，公司股票将于2025 年9月1日开市起复牌。 ...

Group 1 - The employment landscape for fresh graduates is shifting, with a decline in the proportion of graduates choosing first-tier cities and an increase in those opting for second and third-tier cities [1][3][4] - First-tier cities still offer higher salaries, with the average monthly salary for 2024 graduates at 7,885 yuan, which is 27% above the national average of 6,199 yuan [3][4] - New first-tier cities are experiencing significant salary growth, with an increase of 17% for 2024 graduates, surpassing the growth rate of first-tier cities [3][4] Group 2 - The rise of second and third-tier cities is driven by industrial transfers, with cities like Hefei attracting over 350,000 new graduates in 2024 due to emerging industries such as new energy vehicles and photovoltaics [4][6] - Cost of living advantages in second and third-tier cities are notable, with rental prices significantly lower than those in first-tier cities, making them attractive for graduates [6][7] - The shift in talent flow from east to central and western regions is supported by government policies and incentives, with an average growth of 22% in high-tech enterprises in central and western cities [7][8] Group 3 - The increase in the number of graduates due to expanded university enrollment is pushing graduates towards second and third-tier cities, as job opportunities in first-tier cities are not keeping pace with the influx of graduates [8] - There is a growing preference for job stability among graduates, with a significant portion planning to pursue public sector jobs, particularly in central and western cities [8] - The changing employment map reflects deeper adjustments in China's economic landscape, with second and third-tier cities becoming viable options for young professionals due to industrial upgrades and policy benefits [8]

资料来源：公司公告，华创证券预测 注：股价为 2025 年 8 月 29 日收盘价 公司研究 证 券 研 究 报 告 晶合集成（688249）2025 年半年报点评 强推（维持） 25H1 业绩保持增长态势，产品结构持续优化 目标价：32.1 元 事项： 评论： [主要财务指标 ReportFinancialIndex] | | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业总收入(百万) | 9,249 | 11,557 | 13,303 | 14,437 | | 同比增速(%) | 27.7% | 24.9% | 15.1% | 8.5% | | 归母净利润(百万) | 533 | 807 | 1,119 | 1,404 | | 同比增速(%) | 151.8% | 51.5% | 38.6% | 25.4% | | 每股盈利(元) | 0.27 | 0.40 | 0.56 | 0.70 | | 市盈率(倍) | 91 | 60 | 44 | 35 | | 市净率(倍) | 2.3 | 2.3 | 2.2 | 2.1 ...

每经头条（nbdtoutiao）——个人消费贷贴息明日开闸！贷30万元最多可享贴息3000元，一文读懂→ （记者 王晓波） 每经AI快讯，锴威特（SH 688693，收盘价：38.23元）9月1日晚间发布公告称，截至2025年8月31日， 公司通过上海证券交易所交易系统以集中竞价交易方式累计回购股份约36万股，占公司总股本约7368万 股的比例为0.49%，回购成交的最高价为31.86元/股，最低价为25.98元/股，支付的资金总额为人民币约 1041万元。 2024年1至12月份，锴威特的营业收入构成为：集成电路占比97.44%，其他业务占比2.56%。 截至发稿，锴威特市值为28亿元。 ...

Core Viewpoint - The Guangdong Provincial Government has released the "Implementation Plan for Accelerating the Expansion of Effective Industrial Investment (2025-2027)", aiming to create an "attraction field" for industrial investment, with a focus on new sectors such as artificial intelligence and robotics [1][4]. Group 1: Measures for Industrial Investment - The plan outlines 10 measures to accelerate effective industrial investment, including strengthening investment mechanisms, expanding investment in advantageous industries, and promoting innovation [2]. - Guangdong will continue to invest in traditional advantageous industries like electronics, petrochemicals, and automotive, while also pushing for major projects such as "Guangdong Strong Chip" [2][4]. - The province aims to seize future industrial development opportunities by establishing a new mechanism for cultivating new sectors, focusing on industries like artificial intelligence, integrated circuits, and advanced equipment [2][3]. Group 2: Innovation and Technology Transfer - To facilitate the transition of innovation from laboratories to production lines, the plan proposes various methods to accelerate the development of new materials and intelligent robotics [3]. - A new technology transfer system will be established to promote the conversion of scientific achievements into practical applications, utilizing models like "pay after use" and "off-site incubation" [3][4]. Group 3: Talent and Resource Support - Talent policies will be directed towards new sectors, with support for the targeted recruitment and cultivation of high-level talent in artificial intelligence and robotics [5][6]. - The plan emphasizes the importance of resource support, including land, energy, and environmental capacity, to ensure project implementation [4][5].

9月1日，杰华特涨5.19%，截至发稿，报38.29元/股，成交6.23亿元，换手率6.35%，总市值171.11亿 元。 资料显示，杰华特微电子股份有限公司位于浙江省杭州市西湖区华星路创业大厦7楼西,香港铜锣湾希慎 道33号利园1期19楼1919室，成立日期2013年3月18日，上市日期2022年12月23日，公司主营业务涉及模 拟集成电路的研发与销售,为客户提供高效率、高性能、高可靠性的一站式模拟集成电路产品解决方 案。 从基金十大重仓股角度 数据显示，南方基金旗下1只基金重仓杰华特。南方碳中和股票发起A（016013）二季度增持9061股， 持有股数4.72万股，占基金净值比例为3.82%，位居第九大重仓股。根据测算，今日浮盈赚取约8.92万 元。 截至发稿，张磊累计任职时间5年209天，现任基金资产总规模8.76亿元，任职期间最佳基金回报 64.72%， 任职期间最差基金回报6.17%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 南方碳中 ...

Group 1 - The core viewpoint of the news is that BGI Tech (华大九天) has seen a significant stock price increase of 6.1%, reaching 130.50 CNY per share, with a trading volume of 1.228 billion CNY and a turnover rate of 1.77%, resulting in a total market capitalization of 70.854 billion CNY [1] - BGI Tech, established on May 26, 2009, and listed on July 29, 2022, is primarily engaged in the development and sales of EDA (Electronic Design Automation) software for integrated circuit design and manufacturing, with its main revenue sources being EDA software sales (82.57%), technical services (13.41%), and hardware and other sales (4.02%) [1] Group 2 - Among the top ten circulating shareholders of BGI Tech, Huatai-PB Fund's Huatai-PB CSI 300 ETF (510300) increased its holdings by 239,800 shares in the second quarter, now holding 3.9689 million shares, which accounts for 1.51% of the circulating shares [2] - The Huatai-PB CSI 300 ETF has a current scale of 374.704 billion CNY, with a year-to-date return of 16.71% and a one-year return of 40.32%, ranking 2779 out of 4222 and 2271 out of 3779 respectively [2] - The fund manager, Liu Jun, has a tenure of 16 years and 94 days, managing a total fund asset size of 466.972 billion CNY, with the best fund return during his tenure being 138.34% and the worst being -45.64% [2]

Group 1 - The core viewpoint of the news is that BGI Tech (华大九天) has seen a significant stock price increase of 6.1%, reaching 130.50 CNY per share, with a trading volume of 1.232 billion CNY and a market capitalization of 70.854 billion CNY [1] - BGI Tech, established on May 26, 2009, and listed on July 29, 2022, specializes in the development and sales of EDA tools for integrated circuit design and manufacturing, with 82.57% of its revenue coming from EDA software sales, 13.41% from technical services, and 4.02% from hardware and other sales [1] Group 2 - From the perspective of fund holdings, Huian Fund has a significant position in BGI Tech, with its Huian Trend Power Stock A fund holding 20,000 shares, accounting for 3.8% of the fund's net value, making it the ninth largest holding [2] - The Huian Trend Power Stock A fund, established on April 25, 2018, has a current scale of 6.8521 million CNY, with a year-to-date return of 23.62% and a one-year return of 44.85% [2]

南都N视频记者观察发现，此次晋级复赛的90个项目呈现鲜明的"硬核科技"特征。集成电路领域52个项 目聚焦芯片设计、半导体材料等关键环节，低空经济38个项目涵盖低空飞行、商业航天等新兴业态。 "半导体装备精密零部件用涂层研制与产业化"项目负责人、华南理工大学博士生刘建诚表示，半导体设 备位于半导体产业链最上游，其技术水平决定芯片制造工艺能力与良率水平。在半导体设备国产化的进 程中，关键零部件的提质延寿依赖表面涂层的研发。团队持续探索和开发最新的涂层技术，目前已完 成"涂层装备技术突破—涂层结构定制化方案创建—等离子体环境无源监测系统研发—涂层沉积过程精 准控制—量产方案产线设计"基础体系构建。 南都讯 8月31日，粤港澳大湾区创业大赛集成电路与低空经济赛道复赛在深圳市前海深港青年梦工场正 式拉开帷幕。赛事持续3天，来自全国各地的90个"硬核科技"项目将同台竞技，最终评选出30个项目晋 级总决赛。 参赛项目"硬核科技"含量高 港澳项目占比近1/4 此次集成电路与低空经济赛道复赛采用"6+4"路演机制，即6分钟项目展示和4分钟现场问答，由5位评委 专家组成的评审组独立打分，对所有参赛项目逐一进行评审，根据比赛得分高 ...

Macro Economic Group - In August, China's manufacturing PMI was 49.4%, a slight increase of 0.1 percentage points from the previous month. Large enterprises reported a PMI of 50.8%, up 0.5 percentage points, while medium and small enterprises reported PMIs of 48.9% and 46.6%, respectively, indicating a clear divergence in economic conditions between large and smaller firms [4][5] - The production index for August was 50.8%, up 0.3 percentage points from last month. New orders increased to 49.5%, and new export orders rose to 47.2%, both showing slight improvements [4] - The inventory index for finished products was 46.8%, indicating a smooth destocking process in the manufacturing sector, with a sales inventory ratio of 1.03, down from 1.06 in July [5] Industry Comprehensive Group - Alibaba reported a 26% year-on-year growth in cloud revenue for Q2 2025 and reaffirmed its AI capital expenditure plan of 380 billion over three years. This is expected to positively impact the AI sector [8] - The U.S. Department of Commerce canceled import equipment safety review exemptions for Intel, Samsung, and Hynix in China, which is seen as beneficial for the domestic chip industry [8] - Huahong Semiconductor announced plans to acquire a 12-inch integrated circuit foundry line with a monthly capacity of 38,000 wafers, projecting a revenue of approximately 5 billion in 2024 [9] Advanced Manufacturing Group - Li Auto reported a total revenue of 30.2 billion for Q2 2025, a year-on-year decline of 4.5%, with a net profit of 1.1 billion, down 0.4%. The company aims to enhance product competitiveness through deep upgrades in smart assisted driving [11] - Xinwanda achieved a total revenue of 26.985 billion, a year-on-year increase of 12.82%, with a net profit of 856 million, up 3.88%. The growth was driven by successful expansions in electric vehicle batteries and energy storage systems [12] Consumer Group - Zhengbang Technology reported a total revenue of 6.838 billion for the first half of 2025, a year-on-year increase of 112.17%, with a net profit of 202 million, up 258.18%. The growth was attributed to increased sales in pig farming [14] - Sanfu Outdoor reported a total revenue of 378 million for the first half of 2025, a year-on-year increase of 15.1%, with a net profit of 17 million, up 105.75%, aligning with previous performance forecasts [14]