外资为何逆势扫货光刻胶？揭示三大信号，锁定潜力低价股 最近跟炒股的朋友聊天，总能听见吐槽"光刻胶板块跌得没底了"。有人说某龙头股从12元跌到4.4元， 跌超63%；有人刷到自媒体说"国产光刻胶没盼头"，纷纷割肉离场。可有意思的是，散户在跑路，外资 却在悄悄抄底——北向资金近一个月加仓光刻胶板块达8.6亿元，甚至扎堆重仓市值33亿的小公司，持 仓占比高达12.3%。咱们普通投资者可别被情绪带偏，外资真金白银的操作，背后一定有实打实的逻 辑，而且每一个信号都能在权威官网、行业报告里查到实锤。 外资敢逆势加仓，最核心的底气是国家层面的政策支持，每一项都有权威文件背书： - 顶层政策发力：工信部、发改委联合发布的《半导体材料产业发展行动计划(2024-2029年)》（可在工 信部官网检索），明确将光刻胶列为"卡脖子"重点突破领域，目标2027年国内自给率从不足5%提升至 40%以上。 - 真金白银扶持：国家集成电路产业投资基金三期（简称"大基金三期"）超500亿元投向光刻胶等关键材 料，其中150亿元专项支持技术攻关，科技部单个研发项目最高补贴5000万元；地方政府也加码，上 海、江苏等省份对光刻胶企业最高给予1亿元 ...

Core Viewpoint - The company has established a joint venture with a Japanese firm to produce and sell color photoresists, indicating a strategic move to enhance its product offerings and market presence in the semiconductor industry [1] Group 1 - The company has confirmed its collaboration with a Japanese enterprise, artience Corporation [1] - A joint venture named Shenzhen Rongda Yicai Technology Co., Ltd. was established, with a registered capital of 30 million yuan [1] - The company holds a 66% stake in the joint venture, while artience holds 34% [1]

然而与这份笃定形成鲜明对比的是，佳能、三菱化学等日本企业自11月中旬起就已悄然中止高端 ArF/EUV光刻胶出货，服务团队撤离、交货周期翻倍、出口配额收紧等实质性动作，早已将"政策未 变"的说辞击得粉碎。这场"官方否认、企业实控"的双重戏码，恰似一面棱镜，清晰折射出日本民族性 格中"说一套做一套"的鲜明特质。 在光刻胶这一半导体产业的"关键墨水"领域，日本的双重标准表现得淋漓尽致。全球70%的光刻胶市场 被日本企业垄断，而中国作为全球需求增长最快的市场，80%-90%的光刻胶依赖进口，其中过半来自日 本。这种供需格局本应是互利共赢的基础，却被日本转化为博弈筹码。 "没有断供，贸易政策也未改变"，12月3日日本内阁官房长官木原稔的公开辟谣言之凿凿，为流传甚广 的"日本全面停供对华光刻胶"消息画上了官方层面的"休止符"。 声明：本文仅为信息交流之用，不构成任何投资建议，股市有风险，投资需谨慎。 加入"中国IC独角兽联盟"，请点击进入 是说芯语原创，欢迎关注分享 当俄罗斯卫星通讯社曝出"12月中旬全面停供"的消息时，日本政府第一时间以"无政策变更"辟谣，将自 身姿态塑造成国际贸易规则的遵守者。但企业层面的动作却暴露 ...

Core Viewpoint - The article highlights the launch of the Liu'an Xinyi Hua electronic materials production base and innovation center, focusing on the development and production of display and semiconductor photoresists, with a total investment of 1.2 billion yuan, aiming to meet local supply chain demands in China [1][2]. Group 1: Project Overview - The Liu'an project will produce 10,000 tons of display photoresist and 2,000 tons of semiconductor photoresist annually, catering to core sectors such as LCD/OLED display panels and integrated circuit manufacturing [1][2]. - The project aims to transition photoresist technology from laboratory settings to large-scale production, addressing the 8K ultra-high-definition panel production and covering process requirements from 90nm to 14nm [2]. Group 2: Innovation and Research - An innovation center has been established with a research team led by over 20 PhDs, focusing on high-resolution photoresist formulations and precision coating processes, with 15 patents already applied for [2]. - Some product performance metrics have reached international standards, indicating a significant advancement in domestic photoresist technology [2]. Group 3: Future Industry Expo - The 2026 Future Industries New Materials Expo will take place in Shanghai from June 10 to June 12, featuring over 800 exhibitors and expecting more than 100,000 professional visitors [5][6]. - The expo will cover an exhibition area of 50,000 square meters, with over 200 research institutions and 5,000 capital and terminal participants expected to attend [5].

Core Points - The A-share market saw a collective rise in the three major indices, with the Shanghai Composite Index increasing by 0.65% and a total market turnover of 1.8894 trillion yuan, which is an increase of 291.7 billion yuan from the previous day [1] - The market experienced significant gains in sectors such as AI smartphones, industrial metals like silver and copper, commercial aerospace, tourism and hotels, storage chips, and photolithography concept stocks, while sectors like internet e-commerce, titanium dioxide, insurance, batteries, and liquor lagged behind [1] - The China Securities Index Co., Ltd. announced adjustments to the sample stocks of the CSI 300 and CSI A500 indices, effective after market close on December 12, which will enhance the technology innovation attributes of these indices [1] Index Performance - The CSI 300 Index rose by 1.1% with a rolling P/E ratio of 13.9 times, placing it in the 61.3% valuation percentile since its inception in 2005 [2] - The CSI A500 Index increased by 1.2% with a rolling P/E ratio of 16.4 times, ranking in the 68.5% valuation percentile since its inception in 2004 [2] - The ChiNext Index and the STAR 50 Index will also see changes, with 8 and 2 sample stocks replaced respectively [1] Hong Kong Market - The Hong Kong stock market experienced a rebound, with notable performance in sectors such as internet, cloud computing, and AI applications [1] - The Hang Seng China Enterprises Index rose by 0.5% with a rolling P/E ratio of 10.6 times, ranking in the 64.8% valuation percentile since its inception in 2002 [5]

Group 1: Silver Market - Silver prices reached a historic high, surpassing $57 per ounce, with a year-to-date increase of over 90% [1] - The decline in silver production has led to a persistent supply shortage, with global exchange silver inventories at a near ten-year low [1] - The rental market for silver has seen a spike in short-term leasing rates, indicating a significant supply crunch [1] - The current gold-to-silver price ratio is approximately 75:1, which is notably higher than the 20-year average of 60:1, suggesting silver is relatively undervalued [1] - Bank of America has raised its 2026 silver price target to $65 per ounce [1] Group 2: Asset Management Licenses - All four broker asset management subsidiaries that were in line for public fund licenses have withdrawn their applications, resulting in a "clean slate" for approvals [2] - The focus for these companies is now on consolidating their existing asset management business and enhancing core competencies [2] Group 3: NAND Flash Market - NAND Flash wafer supply is tightening, with contract prices for some products increasing by over 60% in November due to strong demand from AI applications and enterprise SSD orders [3] - Manufacturers are prioritizing capacity allocation for high-margin products, leading to a rapid contraction of older process capacities [3] - The expectation is that contract prices will continue to rise in December due to the strong pricing power of manufacturers and ongoing supply constraints [3] Group 4: Express Delivery Industry - China's express delivery volume has surpassed 1.8 billion packages this year, marking a historical high and reflecting strong economic momentum [4] - The integration of technology in logistics, such as the use of robots and AI, has significantly improved operational efficiency across various stages of the delivery process [4] Group 5: Insurance Sector - The president of China Insurance Group has been reported to be taken away for investigation, leading to a significant drop in the stock prices of related companies [5][6] - The insurance sector is experiencing volatility as a result of this incident, with shares of China Insurance Group falling over 5% [5][6] Group 6: Banking Sector - Zhejiang Securities Regulatory Bureau has mandated corrective measures for Zhejiang Chouzhou Commercial Bank due to several compliance issues, including unqualified personnel and inadequate risk assessment procedures [7] Group 7: IPO and Stock Issuance - Lin Qingxuan has stated that its IPO application has expired but is in the process of updating its prospectus and has received a filing notice from the securities regulatory authority [8] - Youfa Group has decided to terminate its plan to issue A-shares due to the expiration of authorization and current market conditions [9] - Top Group is planning to issue H-shares and list on the Hong Kong Stock Exchange [10] Group 8: Cement and Construction Materials - Ningbo Fuda is planning to sell 100% equity of its subsidiary, with an estimated value of 1.5752 million yuan [11] Group 9: Automotive Industry - Hanma Technology reported a 149.94% year-on-year increase in truck sales for November, with total sales for the year up 55.8% [12] - SAIC Group's vehicle sales in November decreased by 3.75%, although electric vehicle sales increased by 19.75% [13] - Changhua Group has received a project development notification from a domestic automaker, with an expected total sales amount of approximately 732 million yuan [14] Group 10: Project Bids - Zhongchao Holdings announced that its subsidiaries have won contracts totaling 1.318 billion yuan from the State Grid and other entities [15]

Market Performance - The A-share market rebounded, with the Shanghai Composite Index surpassing 3900 points, closing up 0.65%, while the Shenzhen Component and ChiNext Index rose by 1.25% and 1.31% respectively [3] - A total of 3398 stocks increased in value, with 76 stocks hitting the daily limit up, while 1872 stocks declined [4] Sector Highlights - The consumer electronics sector saw a collective surge, particularly in AI smartphone-related stocks, with companies like ZTE Corporation and Chaoyang Technology reaching their daily limit up [6] - The commercial aerospace concept stocks continued their strong performance, with companies such as Reco Defense and Tongyu Communication also hitting the daily limit up. The establishment of a dedicated regulatory body for commercial aerospace in China is seen as a significant milestone for the industry [9] - Stocks related to photolithography machines and photolithography materials experienced gains, with companies like Xingye Co. and Guofeng New Materials reaching their daily limit up [11] Company-Specific News - Emei Mountain A shares hit the daily limit up, driven by the announcement of a shareholder reward program. Shareholders holding over 500 shares will receive free entry to the Emei Mountain scenic area and discounts on various services [14][15]

Market Performance - A-shares returned to above 3900 points, with the Shanghai Composite Index rising by 0.65%, the Shenzhen Component Index by 1.25%, and the ChiNext Index by 1.31% on December 1 [1][2] - A total of 3398 stocks rose, with 76 hitting the daily limit, while 1872 stocks declined [2][3] Sector Highlights - The consumer electronics sector saw a collective surge, particularly in AI smartphones, with companies like ZTE Corporation and Chaoyang Technology hitting the daily limit [4] - The commercial aerospace concept stocks continued to perform strongly, with companies like Reco Defense and Tongyu Communication also hitting the daily limit. The establishment of a dedicated Commercial Aerospace Bureau by the National Space Administration is seen as a significant milestone for the industry [7] Company-Specific News - Emei Mountain A announced a shareholder return activity for those holding over 500 shares, offering free admission to the scenic area and discounts for accompanying family members [8][10] - The company aims to enhance shareholder engagement and showcase its development in technology, culture, and ecology through this initiative [10]

【收评：#沪指涨0.65%重返3900点# 两市成交额放量近2900亿】市场震荡拉升，沪指重返3900点上方， 深成指、创业板指均涨超1%。沪深两市成交额1.87万亿，较上一个交易日放量2881亿。盘面上，市场 热点快速轮动，全市场近3400只个股上涨。从板块来看，消费电子方向集体爆发，中兴通讯、博通集 成、实丰文化等近20股涨停。商业航天概念延续强势，航天发展12天8板，雷科防务、通宇通讯涨停。 有色金属板块表现活跃，闽发铝业、罗平锌电涨停。光刻胶概念快速拉升，华融化学20cm涨停。下跌 方面，电池板块冲高回落，万润新能跌近9%。板块方面，消费电子、有色金属等板块涨幅居前，互联 网电商、保险、电池等板块跌幅居前。截至收盘，沪指涨0.65%，深成指涨1.25%，创业板指涨1.31%。 (智通财经） 封板率 70.00% 封板 64 触及 27 昨涨停今表现 3.15% 高开率 70% 获利率 63% IJMIJ 20-10 ...

今日A股市场震荡拉升， 沪指重返3900点上方 ，深成指、创业板指均涨超1%。沪深两市成交额1.87万亿，较上一个交易日放量2881亿。 盘面上，市场热点快速轮动， 全市场近3400只个股上涨 。从板块来看， 消费电子方向集体爆发 ，中兴通讯、博通集成、实丰文化等近20股涨停。 商业航天概念延续强势 ，航天发展12天8板，雷科防务、通宇通讯涨停。有色金属板块表现活跃，闽发铝业、罗平锌电涨停。光刻胶概念快速拉升， 华融化学20cm涨停。下跌方面，电池板块冲高回落，万润新能跌近9%。 板块方面，消费电子、有色金属等板块涨幅居前，互联网电商、保险、电池等板块跌幅居前。 截至收盘，沪指涨0.65%，深成指涨1.25%，创业板指涨1.31%。 上证指数 创业板指 深证成指 -3914.01 -13146.72 -3092.50 +25.41 +0.65% +162.64 +1.25% +39.91 +1.31% 2354 1450 667 312 213 184 76 66 68 79 15 16 7 小于 大于 涨停 跌停 -2% -6% -8% +8% +6% +4% +2% 0% -4% -8% +8% 上涨 3 ...