报告期内，影响经营业绩的主要因素：公司积极开拓市场，持续优化产品结构，保持了较高的产能利用 率，营业收入有所增长，但公司重庆、深圳的12吋生产线项目等重资产投资所带来的折旧对公司利润指 标造成了一定影响。 格隆汇2月27日丨华润微(688396.SH)公布2025年年度业绩快报，报告期内，公司实现营业总收入110.54 亿元，较上年同期增长9.24%；实现归属于母公司所有者的净利润6.61亿元，较上年同期下降13.26%； 本报告期末公司总资产为305.91亿元，较本报告期初增长5.10%；归属于母公司所有者权益为229.81亿 元，较本报告期初增长3.03%。 ...

证券日报网讯 2月27日，中天精装在互动平台回答投资者提问时表示，公司锚定战略方向，在平稳运营 装修装饰业务的基础上，纵深布局半导体产业链，各项经营计划逐步落地。公司新设子公司发展创新业 务，对外投资参股了ABF载板领域的科睿斯半导体科技（东阳）有限公司、HBM设计制造领域的深圳 远见智存科技有限公司、先进封装领域的合肥鑫丰科技有限公司等，将力争实现参控股企业协同发展、 提高经营质量。公司根据战略方向和经营情况开展投资运作，不局限于财务投资。公司将持续关注和支 持参股企业发展，如出现对外投资重大进展、资本运作计划、对公司有重大影响的事项，公司将及时履 行信息披露义务。 （文章来源：证券日报） ...

Core Insights - The aerospace and semiconductor suppliers in the U.S. are facing a severe shortage of rare earth elements, particularly yttrium and scandium, leading to some suppliers refusing orders from clients [1][9][10] Group 1: Yttrium Shortage - Yttrium is critical for manufacturing high-temperature coatings that prevent engine and turbine melting, and its shortage has led to a 60% price increase since November, now approximately 69 times higher than a year ago [10] - Some coating manufacturers have started rationing raw materials due to the yttrium shortage, and two North American companies have temporarily halted production [10][11] - One company is prioritizing large clients, including engine manufacturers, by refusing orders from smaller and overseas clients [10] Group 2: Scandium Shortage - The U.S. semiconductor manufacturers are also facing a critical shortage of scandium, which poses risks for the production of next-generation 5G chips [6][13] - Global annual production of scandium is only a few dozen tons, and it plays a vital role in fuel cells, aerospace aluminum alloys, and advanced chip processing [13] - The current domestic production of scandium in the U.S. is zero, with existing inventories likely sufficient for only a few months [14]

Core Viewpoint - The aerospace and semiconductor suppliers in the U.S. are facing a severe shortage of rare earth elements, particularly yttrium and scandium, which is impacting their ability to fulfill orders [1] Group 1: Yttrium Shortage - Yttrium is critical for coatings that prevent engines and turbines from melting at high temperatures, and without these coatings, engines cannot operate [1] - Since November of last year, the price of yttrium has increased by approximately 60%, currently standing at 69 times its price from a year ago [1] - Some coating manufacturers have begun to implement material rationing due to the yttrium shortage, leading to temporary production halts for two North American companies that purchase yttrium for coating production [1] Group 2: Scandium Shortage - Scandium, essential for semiconductor manufacturers in the U.S., is also nearing depletion [1] - Major U.S. semiconductor manufacturers rely on scandium for chip components, which are used in virtually every 5G smartphone and base station [1]

文 | 快刀财经 朱末 "经常用脑，多喝六个核桃。"谁不曾被这句火遍大江南北的魔性广告洗过耳朵。 另据养元饮品2025年半年报显示，其上半年实现营业收入24.65亿，同比下降16.19%；实现归母净利润7.44亿，同比下降27.76%，首次出现营收与 净利润双双下滑的局面。令人担忧的是，养元饮品在华东、华中、华北、西南、西北、东北、华南七个大区的销售收入全线下滑。 靠着"补脑"这一中式养生概念，"六个核桃"背后的养元饮品不但从破产边缘咸鱼翻身，迅速成为过节送礼的"硬通货"，还一举坐上了"植物蛋白饮 料大王"的宝座，销售增长近千倍，成为中国饮料史上继红罐凉茶后的另一个蓝罐饮料传奇，更推动植物蛋白饮料这一老而小的品类朝主流饮料品 类强势逆袭，成长为具有超百亿市场的大品类。 | | | | 单位: 万元 币种:人民币 | | --- | --- | --- | --- | | 区域名称 | 2025年1-6月 销售收入 | 2024年1-6月 销售收入 | 增减变动幅度(%) | | 华东地区 | 69. 198. 46 | 89, 117. 41 | -22. 35 | | 束中地区 | 62, 353. 18 ...

最近几件事，把中美之间的差距，看得明明白白。 美国东北部被风雪席卷，近40万人遭遇停电，而且停电人数还在不断增加。同样是多风雪的地方，中国却很少出现这么大规模的停电，最多就是个别区域短 暂停一会儿，很快就能恢复。 其实核心差别很简单，美国的电力公司都是私营的，做生意优先考虑赚钱。 要是遇到大风大雪，供电要亏钱，他们就敢直接断电，之前加州就发生过这种事。 而中国的国家电网是国有的，优先保障老百姓用电，哪怕亏钱也要扛住。 更厉害的是，现在中国的发电总量，比后面九个国家的总和还多，除了煤炭占55%，剩下的都是清洁能源，比很多地方都强。 不光是美国，日本的福岛核灾也早就暴露了私营电力的问题，东京电力为了保股价，迟疑了一天才采取措施，最后造成了严重后果，而这背后还有美国股东 的影子。说到底，还是制度不一样，国有体制才能给老百姓最实在的安全保障。 这些年，中国在很多领域都实现了弯道超车，军工领域尤其明显。最近美国终于公布了他们的六代机F47的完整造型，不再藏着掖着，本以为能惊艳世界， 结果刚曝光就被网友嘲笑"一出现就落后"。 为啥这么说？首先，这款F47还只是PPT阶段，连真正试飞都没做，更别说量产了，预计要到2032年 ...

证券日报网讯2月26日，赛微电子（300456）在互动平台回答投资者提问时表示，截至目前，公司境内 FAB的OCS相关制造工艺仍处于持续积累提升阶段，尚未实现量产能力。 ...

证券日报网讯2月26日，捷捷微电（300623）在互动平台回答投资者提问时表示，公司在春节假期前对 公司的客户及合作伙伴发布了MOS产品价格调整事宜函。自2026年2月1日(含)起所发货MOS成品售价在 原价格基础上执行上调10%—20%。 ...

Market Overview - The Hong Kong stock market experienced a significant decline, with the Hang Seng Index dropping by 1.44% and the Hang Seng Tech Index falling by 2.87%, reaching a new low since July of the previous year, down over 23% from the peak in October [1] - Technology stocks collectively fell, with notable declines in companies such as Bilibili (down approximately 5%), Baidu and Kuaishou (both down over 4%), Tencent (down 2% below HKD 520, hitting a new low), and Alibaba (down 3.57%) [1] Sector Performance - The automotive and semiconductor sectors also saw declines, with Xpeng Motors down about 5% and Hua Hong Semiconductor down nearly 5% [1] - Biopharmaceutical stocks faced significant drops, with WuXi AppTec and BeiGene both declining by approximately 9% [2] - Other sectors such as automotive dealerships, building materials, gambling, AI applications, coal, oil, domestic real estate, photovoltaic, and precious metals also experienced downturns [3] Notable Gainers - In contrast, some stocks within the Hang Seng Index showed gains, including Cheung Kong Infrastructure, CK Hutchison, and Power Assets, with notable increases in electric power, optical modules, and optical communications [3] - Noteworthy performers included Dongfang Electric, which surged by 15.5%, and Cambridge Technology, which rose by 8% [3] Semiconductor Sector Activity - Following Nvidia's recent quarterly earnings report, which positively impacted tech stocks in the US and A-shares, the Hong Kong semiconductor sector became active, with Tensun Zhixin rising over 20% to reach a new high and Zhaoyi Innovation increasing by over 3% [3][4] Future Outlook - Looking ahead, the market outlook suggests that investors should focus on three key sectors: 1. Precious metals and energy sectors may see upward movement due to rising geopolitical risks and increased investor caution 2. The consumer sector, currently at relatively low valuations, is expected to continue rising 3. The technology sector remains a long-term investment focus, with potential for rebound following recent corrections and accelerated AI applications [5]

格隆汇2月26日丨赛微电子(300456.SZ)在投资者互动平台表示，截至目前，公司境内FAB的OCS相关制 造工艺仍处于持续积累提升阶段，尚未实现量产能力。 ...