截至6月30日，福日电子股东户数10.38万，人均流通股5712股。 8月13日，福日电子盘中9.98%涨停，截至14:04，报19.07元/股，成交42.92亿元，换手率40.85%，总市 值113.08亿元。 资料显示，福建福日电子股份有限公司位于福州开发区科技园区快安大道创新楼，公司是福建省电子信 息行业的龙头企业，其主要从事智能手机等智能终端产品的ODM/JDM/OEM、LED封装、LED 应用产 品及LED 工程项目建设的研发、制造和销售。2023年，公司实现营收106.41亿元，总资产77.94亿元， 旗下中诺通讯位列2022年广东省电子信息制造综合实力百强企业第45位。 2025年1月-6月，福日电子实现营业收入53.33亿元，同比增长0.42%；归属净利润2208.44万元，同比增 长123.62%。 ...

格隆汇8月13日｜工业富联(601138.SH)涨停，报价43.68元，再创历史新高，市值达8675亿元。该股年内 累涨107%。 ...

Core Viewpoint - The report from Minsheng Securities indicates that Industrial Fulian has shown strong operational performance in the first half of the year, driven by its AI business, leading to rapid business growth [1] Financial Performance - In Q2 2025, the company achieved a gross margin of 6.50%, with a quarter-over-quarter decrease of 0.23 percentage points, and a net profit margin of 3.43%, with a quarter-over-quarter increase of 0.16 percentage points [1] Business Growth - Revenue from 800G switches in the first half of the year increased nearly threefold compared to 2024, confirming the product's competitiveness amid the demand for data center bandwidth upgrades [1] - The company is leading in AI sector layout, continuously optimizing its product structure, and further highlighting its advantages in the global supply chain [1] Strategic Alliances - On July 30, 2025, Dongyuan Electric and Hon Hai Technology formed a strategic alliance to provide comprehensive data center construction solutions, including servers, cooling systems, and power infrastructure, to meet the substantial market demand across Taiwan, the United States, Southeast Asia, and the Middle East [1] Product Development - The company is collaborating closely with clients to develop key technologies for the next generation of liquid-cooled cabinets, which is expected to enhance profitability in the GB300 cabinet [1] - With the rapid ramp-up of AI servers and 800G switches, the GB200 is anticipated to bring significant performance growth to the company [1]

"一条完整的产业链，既需要原材料供应、生产制造、市场流通等环节的高效联动，更离不开人力资源 的稳定支撑。"王琦均说。在三进电子的生产车间里,200多个忙碌的工人都来自周边村民。他们中，有 常年奔波在外的返乡务工者，有渴望兼顾家庭与事业的"宝妈"，如今都在这里找到了安稳的工作。 王琦均介绍，为了让工人掌握精密制造技能，公司联合鄄城县就业部门开展定向培训，从基础操作到质 量规范，免费培训周期达1个月。这种"技能+岗位"的模式，既保障了产品的品质，更让乡亲们在家门口 端上了"饭碗"。(经济日报记者王金虎) 在山东菏泽市鄄城县的三进电子有限公司生产车间内，机械与人工协作的节奏明快有序。绕线机吐出的 铜丝在工人指尖流转成精致线圈，经过精密焊接、智能检测后，这些音响设备的"心脏部件"将启程发往 广东、江苏等地的制造基地，还销往国外市场。这个从乡村沃土中成长起来的企业，正以小小的喇叭线 圈为纽带，串联起产业升级与乡村振兴的共赢之路。 "线圈直径误差不能超过0.02毫米，否则会直接影响音响的降噪性能。"在质检台前，公司负责人王琦均 拿起一枚刚下线的产品，对着灯光展示其均匀的绕线纹路。也正是这份对"毫厘之间"的较真，让乡村工 ...

2025年1月-3月，方正科技实现营业收入9.52亿元，同比增长23.68%；归属净利润7847.72万元，同比增 长2.04%。 8月13日，方正科技盘中上涨8.64%，截至13:06，报6.54元/股，成交18.53亿元，换手率7.17%，总市值 279.5亿元。 资料显示，方正科技集团股份有限公司位于上海市南京西路1515号嘉里商务中心9楼，公司专注于PCB 产品的设计、研发、生产和制造，提供QTA和NPI服务，涵盖高密度互连板、多层板、软硬结合板等。 其产品广泛应用于移动智能终端、5G通信、数据中心、工业控制等多个领域。 截至3月31日，方正科技股东户数23.81万，人均流通股1.75万股。 ...

证券时报记者 叶玲珍 7月6日晚间，弘信电子（300657）公告，拟向中国银行间市场交易商协会申请注册发行2025年度第一期 科技创新债券，发行规模最高不超过5亿元，发行期限不超过3年。 弘信电子表示，若本次科技创新债券成功发行，将有利于进一步拓宽融资渠道，有效改善现金流状况， 提升流动性管理能力；与此同时，依托市场化定价机制降低综合融资成本，为公司战略发展提供中长期 资金支持。 近期，多部门打出"组合拳"支持科创债发行，各类主体发行科创债热情持续高涨。今年5月7日，中国人 民银行、中国证监会联合发布关于支持发行科技创新债券有关事宜的公告，从丰富科技创新债券产品体 系和完善科技创新债券配套支持机制等方面，对支持科技创新债券发行提出多项重要举措。随后，沪深 北交易所同步发布《关于进一步支持发行科技创新债券 服务新质生产力的通知》，从三大方面进一步 细化支持措施。 Wind数据显示，自5月份科创债相关政策落地以来，截至7月3日，全市场已发行419只科创债，发行规 模超6200亿元。 弘信电子起步于FPC（柔性印制电路板）业务，2023年开始涉足AI算力服务器的研发、设计、制造和销 售，AI算力资源服务业务等，打造 ...

7月7日晚间，工业富联（601138）发布业绩预告，预计上半年实现归母净利润119.58亿元~121.58亿元， 同比上升36.84%到39.12%；预计第二季度实现归母净利润67.27亿元到69.27亿元，同比上升 47.72%~52.11%，均创下同期历史新高。 工业富联称，业绩大幅增长主要得益于AI相关业务的爆发，在第二季度AI服务器营收同比增长超过 60%，800G交换机营收达2024全年的3倍。 分业务来看，工业富联云计算业务在二季度实现高速增长，整体板块营业收入较去年同期增长超过 50%。 工业富联方面表示，客户对AI数据中心Hyper-scale AI机柜产品需求不断增加，产品量产加速爬坡，结 构持续优化。其中，AI服务器营业收入较去年同期增长超过60%，云服务商服务器的营业收入较去年同 期成长超过1.5倍。 证券时报记者 严翠 "公司在大客户的核心产品份额继续保持领先优势，先进AI算力的GPU模块及GPU算力板等产品的出 货，在第二季度实现显著增长。"工业富联方面表示，凭借在全球多地完善的产能布局以及较为显著的 产业链优势，公司在主要客户中的市场份额持续提升，客户关系不断深化。 另外，通信及移 ...

Core Viewpoint - The report from Zhongyin Securities indicates that Industrial Fulian is expected to achieve steady revenue and net profit growth in the first half of 2025, driven by breakthroughs in cloud computing and stable growth in communication and network equipment [1] Revenue and Profitability - In the first half of 2025, the company achieved a gross margin of 6.60%, a year-on-year decrease of 0.13 percentage points, while the gross margin for the second quarter of 2025 was 6.50%, reflecting a year-on-year increase of 0.50 percentage points and a quarter-on-quarter decrease of 0.23 percentage points [1] Cloud Services and AI Infrastructure - The company anticipates that the capital expenditure of the four major cloud service providers in North America will experience rapid year-on-year growth in 2025, with a significant increase in the proportion of investment in AI cloud infrastructure, which will drive demand for high-end AI servers [1] Switch Business Growth - In the first half of 2025, revenue from 800G high-speed switches grew nearly threefold compared to the total revenue for 2024 [1] Market Position and Competitive Edge - The company has strengthened its market share among core customer groups through deepened cooperation and optimized product structure, solidifying its competitiveness in the global high-performance computing and AI infrastructure sectors [1] Future Outlook - Given the expected continued upturn in global AI infrastructure demand, the company is advancing the research and development of advanced products, with diverse performance elasticity likely to accelerate [1]

| | 601138 工业富联 | | | | 41.24 | | +1.53 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | +3.85% | | 午间休市 CNY | | | | | | | ■ ★ ■ 自选 + ▼ | | 载比 | -4.30% 季元 | | -36 | 行情分析 | | 深度分析 | | | 萍 | 41.29 | 113 | | 主力流入 | | | 331406 万元 | | 卖四 | 41.28 | 186 | | 主力流出 | | | 352626 万元 | | 卖 | 41.27 | 1 | | 主力净流出 | | | 21220 万元 | | 卖二 | 41.26 | 54 | | | | | | | 球 | 41.25 | 83 | | (万元) | 流入 | | 流 | | 水 | 41.24 | 10 | | 超大 | 145202 | | 166226 | | 三 | 41.23 | 1 | | 大单 | 186204 | | 186400 | | 派三 | 41.21 | 4 ...

Core Viewpoint - The company reported strong financial performance in H1 2025, with revenue of 16.38 billion, a year-on-year increase of 24.75%, and a net profit of 1.23 billion, up 57.2% year-on-year, indicating robust growth driven by product structure optimization and improved operational efficiency [1][2]. Group 1: Financial Performance - In Q2 2025, the company achieved revenue of 8.29 billion, a year-on-year increase of 28.7%, and a net profit of 745 million, up 159.6% year-on-year, reflecting significant profitability improvements [1][2]. - The gross margin for Q2 was 20.3%, an increase of 4.8 percentage points year-on-year, while the net margin reached 8.9%, up 4.5 percentage points year-on-year [1][2]. Group 2: Business Structure Analysis - Revenue from communication boards was 10.27 billion, a year-on-year increase of 17.6%, with a gross margin of 16.0% [2]. - Revenue from consumer electronics and computer boards was 5.17 billion, up 31.6% year-on-year, with a gross margin of 24.5% [2]. - Revenue from automotive and server applications reached 810 million, a remarkable increase of 87.4% year-on-year, driven by new product certifications and collaborations [2]. Group 3: Capital Expenditure and Future Outlook - The company has increased its capital expenditure (Capex) for AI PCB to over 30 billion New Taiwan dollars (approximately 7-9 billion RMB) for 2025-2026, with nearly 50% allocated to expanding high-end HDI and HLC production capacity [3][11]. - The company is actively expanding its production capabilities in Thailand and Kaohsiung, with plans for new production lines for ultra-high-layer products [3][11]. Group 4: Long-term Growth Drivers - The company anticipates a significant growth cycle from 2025 to 2027, driven by innovations in AI-related products such as AI smartphones, foldable devices, and AI glasses [4][20]. - The demand for high-end AI products is expected to drive a new round of capital expenditure expansion, with a focus on GPU/ASIC terminal customers [4][20].