证券日报网讯12月12日，飞乐音响（600651）在互动平台回答投资者提问时表示，公司子公司上海工业 自动化仪表研究院有限公司依托国家能源核电站仪表研发(实验)中心平台，围绕"试验验证平台建设和 技术服务""核电关键试验技术攻关""核电仪控标准化研究"和"核电行业交流平台搭建"等方向布局核电 领域业务。公司具体业务情况请关注公司发布的定期报告。 ...

Market Overview - After the Federal Reserve's interest rate cut, market sentiment has turned cautious due to potential rate hikes from the Bank of Japan[1] - Major A-share indices opened high but closed lower: Shanghai Composite Index down 0.70%, Shenzhen Component down 1.27%, and ChiNext down 1.41%[1] - Total trading volume in both markets reached 1.89 trillion yuan, a slight increase from the previous trading day, but over 4,300 stocks declined, indicating weakened buying momentum[1] Sector Performance - Structural opportunities are concentrated in two main lines: - The renewable energy sector, particularly wind and nuclear power, shows sustained investment value due to policy catalysts[1] - Semiconductor equipment-related ETFs have seen net inflows this week, indicating a potential rebound in the oversold tech sector[1] - The real estate, retail, and cultural media sectors led the decline, while hard tech themes like nuclear fusion received increased funding[1] Economic Outlook - The World Bank has raised its 2025 economic growth forecast for China by 0.4 percentage points, citing more proactive fiscal policies and a diversified export market as key factors[7] - The focus on domestic demand is expected to support resilient and sustainable growth in the coming years[7] Fund Dynamics - In the recent Hong Kong stock market adjustment, public funds are accelerating their investments, with several funds announcing early closures for fundraising[13] - A-share assets have seen increased allocations from fund advisors, indicating a strategic positioning for the upcoming year-end market trends[14]

半导体板块午后强势。 中信建投证券认为，国产化驱动下的渗透率提升依然是设备板块后续增长的重要来源。未来设备国产化率将实现快速 提升，头部整机设备企业2025年订单有望实现20%—30%以上增长，零部件国产化进程有望加快，板块整体基本面向 好。景气度方面，预计2025年先进制程维持较强表现，成熟制程复苏；后道封装温和复苏，2.5D/3D先进封装下半年 有望有积极进展。国产替代方面，头部客户的国产替代诉求仍较强，不在清单的客户也在加速导入国产，预计后续国 产化率提升斜率更陡峭。设备厂对供应链的国产化推进也非常迅速。 核电概念爆发 机构表示，AI算力需求激增，科技巨头加速布局核能领域，我国BEST项目已于2025年3月完成首块顶板顺利浇筑，聚 变新能、中国科学院等离子体物理研究所公布了多项招标公告，涵盖水冷系统水泵、水冷系统6000T冷却塔和中压高 压氦气纯化器等多个环节。我国核电"热堆—快堆—聚变堆"三步走路线明确，核电建设有望进入高质量发展轨道。 11月12日，A股主要股指午后放量拉升，创业板指、科创50指数较为强势，港股亦走强，恒生指数、恒生科技指数双 双涨近2%。 具体来看，A股主要股指早盘震荡上扬，午后在 ...

半导体板块午后强势。 中信建投（601066）证券认为，国产化驱动下的渗透率提升依然是设备板块后续增长的重要来源。未来设备国产化率 将实现快速提升，头部整机设备企业2025年订单有望实现20%—30%以上增长，零部件国产化进程有望加快，板块整 体基本面向好。景气度方面，预计2025年先进制程维持较强表现，成熟制程复苏；后道封装温和复苏，2.5D/3D先进 封装下半年有望有积极进展。国产替代方面，头部客户的国产替代诉求仍较强，不在清单的客户也在加速导入国产， 预计后续国产化率提升斜率更陡峭。设备厂对供应链的国产化推进也非常迅速。 核电概念爆发 港股方面，中国人寿（601628）涨超5%，中通快递、阿里健康、商汤、网易等涨超4%。 半导体板块强势 半导体板块午后强势拉升，截至收盘，晶丰明源20%涨停，燕东微涨近17%，华海诚科、天岳先进、中科飞测等涨超 10%。 | 代码 | 名称 | � | 涨幅% | 现价 | 不正大 | 买价 | 卖价 | 总量 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 688368 | 晶丰明源 | K 20. ...

Core Viewpoint - The semiconductor sector showed strong performance in the afternoon trading session, with significant gains in various stocks, indicating a bullish trend in the market [2][4]. A-Share Market Summary - On the 12th, major A-share indices experienced a surge in the afternoon, driven by sectors such as brokerage, insurance, and semiconductors. The Shanghai Composite Index rose by 0.41% to 3889.35 points, while the Shenzhen Component increased by 0.84%, and the ChiNext Index gained 0.97% [2]. - The total trading volume in the Shanghai and Shenzhen markets reached 21.193 billion yuan, an increase of over 2.3 billion yuan compared to the previous day [2]. Semiconductor Sector Performance - The semiconductor sector saw a notable rise, with stocks like Jingfeng Mingyuan (688368) hitting the daily limit with a 20% increase, and others like Huahai Chengke and Tianyue Advanced rising over 10% [5][6]. - According to WSTS, the global semiconductor market is projected to grow by 22.5% year-on-year in 2025, driven by increased investments in data centers by major IT companies, particularly in memory and logic chips [6]. Nuclear Power Sector Surge - The nuclear power sector experienced a strong performance, with stocks such as Tianli Composite rising by 30% and others like Zhongzhou Special Materials and Boying Special Welding also hitting the daily limit [8][9]. - The demand for nuclear energy is expected to increase due to the surge in AI computing power needs, with significant projects underway in China [8]. Market Volatility of Moer Thread - Moer Thread (688795) experienced a significant drop, closing down 13.4% after a previous surge of approximately 28%. The stock's trading volume exceeded 10.38 billion yuan [11]. - The company warned of potential risks due to its recent stock price increase, which significantly outpaced related indices, and highlighted uncertainties regarding its new products and future profitability [11].

本文字数：677，阅读时长大约2分钟 作者 | 一财阿驴 12月12日，A股三大指数震荡上涨，截至收盘，沪指涨0.41%，深成指涨0.84%，创业板指涨 0.97%。 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | my m | 3889.35c | 16.03 | 0.41% | | 399001 | 深证成指 | my p | 13258.33c | 110.94 | 0.84% | | 399006 | 创业板指 | Company of the county | 3194.36c | 30.68 | 0.97% | 盘面上，核电、商业航天方向掀涨停潮；CPO题材反复活跃，多股创历史新高；半导体产业链午后 崛起。离境退税、海南自贸区、固态电池概念股调整。 具体来看，可控核聚变概念爆发，中国核建、国机重装、华菱线缆等16股涨停。 2025.12. 12 | 代码 | 名称 | 涨幅� | 现价 | | --- | --- | --- | --- | | 920576 | 天力 ...

Group 1 - The company has signed a new guarantee contract with Yantai Bank, increasing the maximum guarantee amount from 110 million to 176 million yuan, with an additional 6.6 million yuan provided [1] - As of June 30, 2025, Yantai Taihai Nuclear Power reported revenue of 261.44 million yuan and a net loss of 33.56 million yuan [1] - After this guarantee, the total external guarantee amount for the company and its subsidiaries is 1.792 billion yuan, accounting for 38.65% of the audited net assets for the year 2024, with no overdue guarantees reported [1]

12日午后，A股三大指数走强，市场探底回升，截至收盘，三大指数全线收红，沪指涨0.41%，深成指涨0.84%，创业板指近1%。沪深两市成交额2.09万亿， 较上一个交易日放量2351亿。盘面上，市场热点快速轮动，全市场涨跌家数接近持平。从板块来看，商业航天概念延续强势，再升科技等近20股涨停。 开源证券表示，我国商业航天已初步形成覆盖上游制造、中游发射与运营、下游应用服务的全链条生态，高度看好商业航天的投资机遇。 招商证券研报称，核聚变技术产业化进程加速，多技术路线并行。随着全球能源转型迫切性提升，可控核聚变作为终极清洁能源解决方案，正从实验室研究 迈向工程化与商业化临界点。近期，BEST装置关键部件完成落位安装，标志着总投资近200亿元的主体建设全面启动，这是我国核聚变商业化的重要里程 碑。后续产业链多环节有望迎来增量市场。 （文章来源：21世纪经济报道） | 名称 | 现价 | 涨跌 | | --- | --- | --- | | 天力复合 | 60.84 c | 14.04 | | 中洲特材 | 23.39 | 3.90 | | 常辅股份 | 37.18 c | 3.80 | | 久盛电气 | 19.3 ...

Core Viewpoint - China General Nuclear Power Corporation (CGN) appointed Mr. Pang Songtao as the new president, effective from December 11, 2025, until December 31, 2027, following the resignation of Mr. Gao Ligang due to retirement [1][3]. Group 1: Appointment of President - The board of directors approved the appointment of Mr. Pang Songtao as president during the 17th meeting of the fourth board of directors held on December 11, 2025 [3]. - Mr. Pang's term as president will last until December 31, 2027 [3]. Group 2: Resignation of Previous President - Mr. Gao Ligang submitted his resignation due to reaching retirement age, effective immediately upon delivery of his resignation report to the board [1][3]. - Following his resignation, Mr. Gao will no longer hold any position within the company [1]. Group 3: Background of New President - Mr. Pang Songtao, born in 1971, has over 30 years of experience in the nuclear power industry and has held various significant positions within CGN [7]. - His previous roles include serving as the deputy general manager of CGN Nuclear Power Operations Division and as the general manager of CGN Research Institute [7].

| 名称 | 现价 | 消跌 | 涨跌幅 ▼ | | --- | --- | --- | --- | | 天力复合 | 60.84 | 14.04 | 30.00% | | 中洲特材 | 23.39 | 3.90 | 20.01% | | 常辅股份 | 38.70 | 5.32 | 15.94% | | 久盛电气 | 19.63 | 2.15 | 12.30% | | 哈精英演 | 55.50 | 5.50 | 11.00% | | 江苏神通 | 16.12 | 1.47 | 10.03% | | 东方电气 | 24.05 | 2.19 | 10.02% | | 泡陆重工 | 13.30 | 1.21 | 10.01% | | 雪人集团 | 18.16 | 1.65 | 9.99% | | 国机重装 | 5.18 | 0.47 | 9.98% | | 中国核建 | 13.01 | 1.18 | 9.97% | | 法尔胜 | 5.87 | 0.53 | 9.93% | | 中国一重 | 3.89 | 0.35 | 9.89% | 港股方面，午后电力、核电板块领涨。截至发稿，东方电气涨超15%，中核国际涨超11 ...