Investment Rating - The report does not explicitly state an investment rating for the diamond heat dissipation industry, but it highlights significant growth potential and market opportunities [1][23]. Core Insights - The diamond material exhibits superior thermal conductivity, making it a promising candidate for high-performance chip cooling solutions, especially as chip integration and power density increase [4][15]. - The diamond heat sink material has a thermal conductivity of 2000-2500 W/(m·K), which is four times that of copper and eight times that of aluminum, ensuring stability during temperature cycling [15][16]. - The market for diamond heat dissipation is projected to reach 9.7 billion yuan by 2032, indicating a substantial growth opportunity as technology matures [23][24]. Summary by Sections 1. Diamond Materials: Excellent Chip Cooling Materials - High-power chip cooling issues need urgent solutions, with diamond materials expected to be widely applied in aerospace, electronics, and other rapidly developing fields [4][6]. - The MPCVD method is identified as the optimal approach for producing semiconductor diamond materials, offering high purity and quality [21][19]. 2. Related Companies: World, Sifangda, Guojijinggong - **World**: A leading enterprise in superhard tools, with a stable revenue growth of 12.54% in 2024, focusing on diamond materials [26][28]. - **Sifangda**: A leader in composite superhard materials, with a focus on self-developed MPCVD equipment to expand applications in precision tools and chip heat sinks [30][33]. - **Guojijinggong**: A leading enterprise in superhard materials, showing accelerated revenue and net profit growth, with a focus on MPCVD equipment [34].

Investment Rating - The report maintains an "Outperform" rating for the new materials industry [1][8]. Core Insights - The new materials sector outperformed the CSI 300 index in January 2026, with the new materials index rising by 10.54%, surpassing the CSI 300's increase of 1.90% by 8.64 percentage points [8][12]. - Basic metal prices saw a general increase in January 2026, with notable price changes including copper (1.23%), aluminum (2.79%), zinc (4.74%), and tin (34.93%) [8][37]. - Global semiconductor sales continued to grow, with November 2025 figures showing a 29.8% year-on-year increase, marking the 25th consecutive month of growth [8][42]. - The new materials sector is expected to benefit from the ongoing recovery in downstream demand and the push for domestic alternatives, indicating a potential growth cycle ahead [8][21]. Summary by Sections Industry Performance Review - The new materials index showed strong performance in January 2026, ranking 7th among 30 major industry sectors [12][16]. - A total of 170 stocks in the new materials sector were analyzed, with 141 stocks rising and 25 falling in January [17][20]. - The sector's valuation increased, with the new materials index PE (TTM) at 31.72, reflecting a 4.21% month-on-month increase [21][24]. Important Industry Data Tracking - In December 2025, the Consumer Price Index (CPI) rose by 0.2% month-on-month, while the Producer Price Index (PPI) increased by 0.2% [30][31]. - Basic metal prices and inventory changes were tracked, showing significant fluctuations in January 2026 [37][40]. - The export volume of superhard materials increased by 3.39% in December 2025, although the export value saw a slight decline [50][50]. Industry Dynamics - The establishment of the humanoid robot standard committee in Beijing and the introduction of the first group standard for functional diamonds highlight ongoing developments in the new materials sector [2]. - The implementation of the action plan for upgrading the non-ferrous metal industry in Henan province indicates regional efforts to enhance industry standards [2].

富国创业板两年定期开放混合（161040）成立日期2020年7月14日，最新规模12.67亿。今年以来收益 8.27%，同类排名3028/8864；近一年收益72.52%，同类排名786/8126；成立以来收益97.6%。 富国创业板两年定期开放混合（161040）基金经理为曹晋。 截至发稿，曹晋累计任职时间12年287天，现任基金资产总规模139.34亿元，任职期间最佳基金回报 448%， 任职期间最差基金回报6.15%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，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。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验，因此本文内 容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 责任编辑：小浪快报 1月28日，四方达跌5.45%，截至发稿，报20.99元/股，成交13.23亿元，换手率15.78%，总市值101.95亿 元。 资料显示，河南四方达超硬材料股份有限公 ...

Group 1 - The superhard materials sector has seen a resurgence, with Huanghe Xuanfeng achieving a consecutive two-day increase in stock price [2] - Huifeng Diamond's stock rose by over 10%, indicating strong market interest [2] - Other companies in the sector, including Power Diamond, Sifangda, Zhongbing Hongjian, and Guoji Jinggong, also experienced stock price increases [2]

此外"美国希望加快国内人造钻石的生产。 "人造钻石项目涉及全球领先钻 （个股转发:财通机械） 美日两国拟投资合成钻石生产：金刚石材料必要性&紧迫性得到国际认可，重视具备完善工业化生产能力的-沃尔 德、四方达！【财通机械佘炜超团队】-1.28 #事件：在美国建设人造钻石工厂是日本拟议的5500亿美元投资核心项目之一，或将成为首批公布的项目之一，计 划最早于3月日本首相高市早苗访美前公布。 此外"美国希望加快国内人造钻石的生产。 （个股转发:财通机械） 美日两国拟投资合成钻石生产：金刚石材料必要性&紧迫性得到国际认可，重视具备完善工业化生产能力的-沃尔 德、四方达！【财通机械佘炜超团队】-1.28 #事件：在美国建设人造钻石工厂是日本拟议的5500亿美元投资核心项目之一，或将成为首批公布的项目之一，计 划最早于3月日本首相高市早苗访美前公布。 公司12英寸金刚石热沉片也已做好样品，内部测试完成后预计将尽快送样。 此外新客户送样验证结果良好，期待后续进展！ #沃尔德：进度：（1）之前公司9月送的是12英寸薄片，近期已送样小尺寸加微流道的厚片，台湾客户已展开测 试。 （2）12英寸微流道厚片公司正在制作加工，预期26 ...

Group 1 - Sifangda reached a new high during trading, indicating strong market interest and potential growth in its stock value [1] - Huanghe Xuanfeng hit the daily limit, reflecting significant investor confidence and demand for its shares [1] - Huifeng Diamond increased by over 10%, suggesting positive market sentiment and potential for further appreciation [1] Group 2 - Other companies such as Liliang Diamond, World, Guojijiangong, Boyun New Materials, and Zhongbing Hongjian also experienced upward movement, indicating a broader trend in the industry [1]

据河南省科学技术厅官网1月22日消息，黄河旋风接受采访表示，公司从热沉片上切割出所需要的形 状，以某种方式贴合在芯片上，做成顶级散热器，将大大促进高功率器件、5G6G通讯、AI算力性能的 提升。如今，制约产业化的尺寸瓶颈已被突破，黄河旋风成功研制出国内可量产的最大8英寸热沉片。 公司热沉片生产车间将于今年2月投入量产，这是功能性金刚石从实验室迈向规模化商业应用的一个里 程碑。 消息面上，近日，西安电子科技大学郝跃院士、张进成教授团队与中国科学院国家空间科学中心团队合 作，成功研制出高性能单晶金刚石辐射探测器，显著提升了电极键合可靠性、辐射耐受性和高温工作稳 定性，为突破传统探测器在深空环境下的性能瓶颈提供了创新技术路径。 黄河旋风主要经营产品涵盖超硬材料及制品、超硬复合材料及制品等，主要包括工业金刚石、培育钻 石、砂轮等。公司表示，自身培育钻石除了目前在消费饰品领域应用外，未来，在芯片、微电子、量 子、光学、超精密加工及高端医疗等众多高新技术领域有更深更广的应用。 来源：上海证券报·中国证券网 上证报中国证券网讯（记者 胡嘉树）1月27日，黄河旋风涨停，报7.16元/股，涨幅9.98%。 ...

Core Viewpoint - Huanghe Xuanfeng has developed the largest 8-inch heat sink chip that can be mass-produced in China, with plans to start production in February [1] Group 1 - The production workshop for the heat sink chip is scheduled to begin mass production in February [1] - The company indicates that there is market demand for this new product, and customer orders are sufficient [1] - The actual production volume and installation speed will determine the product's success in the market [1]

Market Overview - The market showed signs of recovery with all three major indices turning positive, and the ChiNext index rising over 1% at one point [1] - The total trading volume in the Shanghai and Shenzhen markets was 2.89 trillion yuan, a decrease of 353.2 billion yuan compared to the previous trading day [1] - Despite the overall market recovery, over 3,400 stocks experienced declines [1] Sector Performance - The semiconductor industry chain continued to rise, with Huahong Semiconductor reaching a historical high, and stocks like Yaxing Integrated and Shenghui Integrated hitting the daily limit [1] - Precious metals maintained strong performance, with China Gold achieving three consecutive limit-ups and Hunan Gold two consecutive limit-ups [1] - The CPO concept saw active performance, with Yuanjie Technology rising over 10% to reach a historical high, and Huilv Ecology hitting the daily limit [1] - The space photovoltaic concept showed continued recovery, with Yujing Co. achieving three limit-ups in four days, and Saiwu Technology hitting two limit-ups in three days [1] - The superhard materials sector strengthened, with Huanghe Whirlwind hitting the daily limit [1] Declining Sectors - The coal and battery sectors experienced significant declines, with the battery industry chain collectively dropping, including Tianji Co. and Huasheng Lithium Battery falling over 6% [1] Closing Summary - At the close, the Shanghai Composite Index rose by 0.18%, the Shenzhen Component Index increased by 0.09%, and the ChiNext Index gained 0.71% [1]

Market Overview - The market showed signs of recovery with all three major indices turning positive, and the ChiNext index rising over 1% at one point [1] - The total trading volume in the Shanghai and Shenzhen markets was 2.89 trillion yuan, a decrease of 353.2 billion yuan compared to the previous trading day [1] Sector Performance - The semiconductor industry chain continued to rise, with Huahong Semiconductor reaching an all-time high, and companies like Yaxing Integrated and Shenghui Integrated hitting the daily limit [1] - Precious metals maintained strong performance, with China Gold achieving three consecutive trading limit increases and Hunan Gold two consecutive limit increases [1] - The CPO concept saw active performance, with Yuanjie Technology rising over 10% to reach a historical high, and Huile Ecology hitting the daily limit [1] - The space photovoltaic concept continued to rebound, with Yujing Co. achieving three limit increases in four days, and Saiwu Technology achieving two limit increases in three days [1] - The superhard materials sector strengthened, with Huanghe Xuanfeng hitting the daily limit [1] Declining Sectors - The coal and battery sectors experienced the largest declines, with the battery industry chain collectively dropping, including Tianji Co. and Huasheng Lithium Battery falling over 6% [1] Closing Summary - At the close, the Shanghai Composite Index rose by 0.18%, the Shenzhen Component Index increased by 0.09%, and the ChiNext Index gained 0.71% [1]