Market Overview - A-shares experienced a "V" shaped recovery with the Shanghai Composite Index closing at 3843.6 points, up 1.14%, and the Shenzhen Component Index rising 2.25% [1] - Over 2800 stocks in the market saw gains, indicating a broad-based rally [1] Sector Performance - The market showed a preference for technology stocks, particularly in the chip and computing hardware sectors, with the Sci-Tech 50 Index surging over 7% [1] - The semiconductor sector rose by 4.07%, communication equipment by 4.11%, consumer electronics by 2.33%, and chip concepts by 2.57% [3] Company Highlights - Cambricon Technologies (寒武纪) saw its stock price soar over 15%, closing at 1587.91 yuan per share, surpassing Kweichow Moutai's previous record [3] - Cambricon reported a staggering 4347.82% year-on-year increase in revenue for the first half of the year, reaching 2.881 billion yuan, with a net profit of 1.038 billion yuan [3] - The company attributes its revenue growth to strong product adaptability and collaborative efforts that enhance market expansion [3] Future Projections - Donghai Securities forecasts Cambricon's revenue to reach 8.443 billion yuan, 16.171 billion yuan, and 25.105 billion yuan from 2025 to 2027, with respective growth rates of 618.91%, 91.52%, and 55.25% [4] - Projected net profits for the same period are 1.595 billion yuan, 3.860 billion yuan, and 6.913 billion yuan, with growth rates of 452.69%, 141.96%, and 79.09% [4] PCB and CPO Sector Developments - PCB stocks experienced significant gains, with Shenghong Technology's stock rising over 19% and achieving a record high [5] - Shenghong reported a revenue of 9.031 billion yuan for the first half of the year, up 86%, and a net profit of 2.143 billion yuan, up 366.89% [5] - The PCB industry is witnessing expansion plans from major players, with total investments exceeding 30 billion yuan [6] Policy and Market Drivers - The State Council's recent policy on "Artificial Intelligence+" aims to enhance the integration of AI across key sectors, driving demand for computing power [6] - Analysts note that exceeding performance expectations in the industry reinforces investor confidence and that AI policy advancements will accelerate infrastructure development [7]

牛市炒股最大的错误就是偏离主线，用择时代替选股，用微观代替大局，每天用公式海选，眼珠子看到爆浆，效果却若有若无，忙了很久，感觉股票还没 选着呢，怎么牛市又结束了？ 心态的问题，绝大部分是缺乏模式信仰造成的。为什么模式信仰很重要，不仅因为模式可以迅速收敛选股范围，而且使人目光如炬，信心坚定。为什么真 正信仰宗教的人，心态都会比较好，这就是宗教信仰最大的意义。在股市里，没有模式信仰，就一定会心猿意马，贪得无厌，疑神疑鬼，进退失据。 获得模式信仰是一个漫长的过程，是一个知行合一的过程， 是一个充满折磨和反思的过程，是一个宽衣解带终不悔的过程。 一句话，读遍诗书皆无味，唯有俊哥最如意。 趋势投机欲有所成，面首、男模、俊哥是唯一道场。与俊哥鱼水交融、休戚与共，才能体会其中滋味， 了解俊哥如何挺起长阳的过程，就是悟道的过 程，就是一个炒股人逐渐成熟的过程： 长芯博创(日线.等比前复权.对数) ◎ M6(10,20,50,150,200,13) VWA50: 91.3 VWA150: 69.3 VWA200: 63.8 HOLD: 139.8 : 63.8 RSLNE: 192 88 -8 160.04 84.40 - 8 ...

（原标题：揭秘涨停丨光通信概念多股涨停） 今日（8月28日）A股市场收盘共66股涨停，剔除掉8只ST板块个股后58股涨停，25股封板未遂，整体封板率为72.53%。 涨停战场：天普股份封单资金超10亿元 从收盘涨停板封单量来看，兆新股份封单量最高，有71.68万手；其次是德创环保、岩山科技、天普股份，涨停板封单量分别为39.41万手、39.29 万手、24.74万手。 从连续涨停天数来看，天普股份5连板，德创环保、启明信息、国光连锁3连板，岩山科技、建业股份、博通集成等9股2连板。 以封单金额计算，26股封单资金均超1亿元，天普股份、德创环保、领益智造封单资金居前，分别为10.61亿元、5.19亿元、3.78亿元。 天普股份发布公告显示，公司控股股东及其一致行动人签署《股份转让协议》《增资协议》，控制权拟发生变更。本次增资完成后，中昊芯英、 海南芯繁合计持有天普控股50.01%股权，杨龚轶凡通过中昊芯英、海南芯繁控制天普控股，进而控制上市公司，杨龚轶凡将成为上市公司的新实 控人。 龙头点睛：光通信概念领涨市场 1. 光通信 8月28日，光通信概念指数大涨7.7%，超100亿元主力资金净流入。 涨停个股：天孚通 ...

Group 1: Financial Performance - The company reported an increase in revenue but a decrease in profit for the first half of 2025, indicating a challenging cost control situation compared to peers in the PCB industry [2][3]. - The gross margin was significantly impacted by a 36.57% year-on-year increase in precious metal raw material prices, particularly gold salts, leading to a temporary decline in profitability [3][4]. - The company expects gross margin levels to gradually stabilize as measures to adjust product pricing and improve cost management are implemented [3][4]. Group 2: Market Opportunities and Growth Drivers - Future growth is anticipated to be driven by the ramp-up of high-end products, explosive downstream demand, and the release of production capacity [4][8]. - The company is experiencing strong order demand in sectors such as mobile phones, servers, and communications, with expectations for rapid sales growth in these areas in 2025 [4][8]. - The strategic layout of high-end production capacity in Zhuhai and Thailand is positioned to support the anticipated demand surge [4][8]. Group 3: Competitive Advantages - The company maintains a competitive edge through a deep binding with high-quality customer groups and exceptional responsiveness [4][7]. - A flexible production model focusing on "small batch, multiple varieties" enhances the company's ability to adapt to market changes and meet customer needs [4][7]. - The company aims to deepen its strategy with major domestic and international clients to secure high-value orders and ensure sustainable growth [4][7]. Group 4: Tax and Cost Management - The increase in income tax expenses for the first half of 2025 was primarily due to a temporary reduction in the deductible amount for R&D expenses [3][5]. - The company has implemented a comprehensive dynamic procurement management strategy to address cost pressures and enhance bargaining power, including diversified sourcing and strategic supplier partnerships [6][8]. Group 5: Stock Performance and Investor Relations - The company acknowledges the long-term decline in stock price despite the PCB industry's upward trend and is committed to improving investor communication and performance to enhance market recognition [5][6]. - Measures to optimize business structure, improve profitability, and explore shareholder return strategies, such as dividend policy adjustments, are being considered [5][6].

事项： 世运电路发布2025 年半年度报告，25H1 实现营收25.79 亿元（YOY +7.64%），归母净利润3.84 亿元 （YOY +26.89%），扣非净利润3.57 亿元（YOY +19.55%）。 25Q2 实现营收13.61 亿元（YOY +4.55%），归母净利润2.04 亿元（YOY+5.23%），扣非归母净利润 1.86 亿元（YOY -2.00%）。 持续巩固汽车业务基本盘，积极拓展AI/机器人等新兴板块。汽车领域公司积极开拓新能源汽车市场， 目前已实现对特斯拉、宝马、大众、保时捷、奔驰、丰田、小鹏、广汽、理想、上汽、吉利等品牌新能 源汽车的供货。公司积极导入智能座舱域控制器、智能驾驶视觉COB 摄像头电路板、感知激光雷达和 毫米波雷达电路板等自动驾驶相关的高价值产品。在AI 服务器方面公司目前已经实现了28 层AI 服务器 用线路板、5 阶HDI（包括任意层互连）、6oz 厚铜多层板、多层软板、多层HDI 软硬结合板的批量生 产能力，已基本覆盖主流AI服务器所需PCB 的工艺要求。此外，公司目前已通过OEM 方式进入英伟 达、AMD 的供应链体系并积极配合客户快速增量需求，并积极参与 ...

Market Overview - The A-share market experienced a V-shaped reversal in the afternoon, with the ChiNext Index leading the gains, and over 2800 stocks rising [1] - The Shanghai Composite Index rose by 1.14%, the Shenzhen Component Index increased by 2.25%, and the ChiNext Index surged by 3.82% [1] - The total market turnover exceeded 30 trillion yuan, marking the fourth occurrence in A-share history [1] Key Stocks and Sectors - Cambrian Technology and SMIC both reached historical highs, with Cambrian's stock price surpassing 1500 yuan, closing at 1587.91 yuan per share, making it the new stock king of A-shares [1] - PCB (Printed Circuit Board) concept stocks saw significant gains, with Shenghong Technology rising over 19% and achieving a historical high, with a trading volume exceeding 23 billion yuan [1][2] - The CPO (Co-Packaged Optics) sector continued its upward trend, with Tianfu Communication hitting the daily limit and other stocks like Changxin Bochuang and Dekeli also showing strong performance [1][4] Shenghong Technology Performance - Shenghong Technology reported a revenue of 9.031 billion yuan for the first half of 2025, a year-on-year increase of 86%, and a net profit of 2.143 billion yuan, up 366.89% [4] - The company specializes in the R&D, production, and sales of high-density printed circuit boards, with applications in AI, automotive electronics, and new communication technologies [4] - Shenghong Technology is advancing its H-share issuance to fund high-end capacity expansion in Southeast Asia and PCB technology R&D [4] CPO Sector Insights - The CPO sector is experiencing strong performance, with multiple companies reporting impressive mid-year results, such as Tianfu Communication's net profit growth of 37.46% [7] - The demand for high-speed optical communication modules is expected to rise due to the integration of AI and infrastructure development [7] Solid-State Battery Sector - Solid-state battery concept stocks faced some adjustments, with companies like Keheng and Liyuanheng seeing declines of over 10% and 5%, respectively [8] - Keheng reported a revenue of 799 million yuan for the first half of 2025, a year-on-year decrease of 29.15%, with a net loss of 97.36 million yuan, widening by 60.01% [9] - Analysts suggest that as the solid-state battery industry matures, upstream material suppliers will benefit, particularly those involved in sulfide electrolytes [9][10]

8月28日，A股全天下来共有66只涨停股、9只跌停股。PCB概念活跃，江南新材4天2板，隆扬电子2连 板，深南电路、东山精密等涨停；CPO概念走强，天孚通信涨停。 连板股方面，天普股份5连板，万通发展6天4板，领益智造、长飞光纤等4天3板，启明信息、国光连锁 等3连板，翔鹭钨业4天2板，*ST威尔3天2板，瑞芯微、岩山科技等2连板，英维克、张江高科等涨停。 *ST高鸿连续14日跌停，ST华扬连续3日跌停，*ST奥维、园林股份连续2日跌停，ST中迪、*ST华嵘等 跌停。 ...

从资金净流入方面来看，科创芯片50ETF近5天获得连续资金净流入，最高单日获得5.40亿元净流入，合计"吸金"10.79亿元，日均净流入达2.16亿元。 数据显示，杠杆资金持续布局中。科创芯片50ETF本月以来融资净买额达164.90万元，最新融资余额达4803.71万元。 截至2025年8月28日 14:49，上证科创板芯片指数(000685)强势上涨6.94%，成分股中芯国际(688981)上涨16.61%，东芯股份(688110)上涨14.88%，寒武纪 (688256)上涨12.24%，股价站上1500元，富创精密(688409)，复旦微电(688385)等个股跟涨。科创芯片50ETF(588750)上涨7.13%，最新价报1.49元。拉长时间 看，截至2025年8月27日，科创芯片50ETF近1周累计上涨11.66%。 流动性方面，科创芯片50ETF盘中换手17.63%，成交5.87亿元，市场交投活跃。拉长时间看，截至8月27日，科创芯片50ETF近1周日均成交3.51亿元，排名 可比基金前2。 规模方面，科创芯片50ETF最新规模达32.07亿元，创成立以来新高，位居可比基金2/8。 份额方面，科 ...

今日（8月28日）芯片产业链延续强势，聚焦"半导体+消费电子+PCB"等方向的电子ETF（515260）盘 中涨超3．7%，现涨2．38%，继续刷新上市以来的高点！ 电子板块细分方向来看，半导体方面，中芯国际涨超13%再创新高，瑞芯微涨逾8%，寒武纪、澜起科 技涨超6%；印制电路板（PCB）方面，东山精密涨停，深南电路涨逾8%；消费电子方面，工业富联涨 超2%，安克创新、领益智造涨逾1%。 | 美部股票 | Wind概念板块 | Wind主题行业 | 申万一级行业 | 申万二级行业 | | | --- | --- | --- | --- | --- | --- | | લ્લ્લિત | 名称 | 涨跌幅 | 主力净流入额 ▼ | 5日主力净流入额 | 20日主力净流入额 | | 801080 | 电子(申万) | 2.48% | 135.16亿 | 831.28亿 | 2066.12亿 | | 801770 | 通信(申万) | 3.87% | 97.07 Z | 375.08 Z | 977.15 Z | | 801050 | 有色金属(申万) | 0.35% | 55.39亿 | 282.99亿 | 7 ...

PCB概念盘中震荡走强，国际复材"20cm"涨停，深南电路涨超8%创历史新高，芯碁微装、东山精密、 明阳电路、宏和科技、大族数控涨幅靠前。 ...