每经AI快讯，龙迅股份（SH 688486，收盘价：73.54元）11月20日晚间发布公告称，因自身资金需求， 股东合肥中安拟通过集中竞价或大宗交易的方式减持不超过约248万股的公司股份，减持比例不超过公 司总股本的1.8623%。自本公告披露之日起15个交易日后的3个月内进行。 截至发稿，龙迅股份市值为98亿元。 每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 （记者 张明双） 2024年1至12月份，龙迅股份的营业收入构成为：集成电路占比100.0%。 因自身资金需求，股东滁州中安拟通过集中竞价或大宗交易的方式减持不超过约103万股的公司股份， 减持比例不超过公司总股本的0.7696%。自本公告披露之日起15个交易日后的3个月内进行。 ...

格隆汇11月20日丨拓荆科技(688072.SH)公布，公司股东国家集成电路基金基于自身经营管理需要，计 划自本公告披露之日起15个交易日后的3个月内，在符合法律法规规定的减持前提下，拟通过大宗交易 方式减持公司股份数量不超过843.49万股（含本数），即不超过公司总股本的3%。 ...

每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 （记者 王晓波） 每经AI快讯，拓荆科技（SH 688072，收盘价：307.85元）11月20日晚间发布公告称，截至本公告披露 日，拓荆科技股份有限公司股东国家集成电路产业投资基金股份有限公司持有公司股份约5503万股，占 公司总股本的19.57%，其所持股份全部为公司首次公开发行前股份，均为无限售流通股。公司股东国 家集成电路基金基于自身经营管理需要，计划自本公告披露之日起15个交易日后的3个月内，在符合法 律法规规定的减持前提下，拟通过大宗交易方式减持公司股份数量不超过约843.5万股，即不超过公司 总股本的3%。 截至发稿，拓荆科技市值为866亿元。 ...

智通财经APP讯， 拓荆科技(688072.SH)发布公告，公司股东国家集成电路基金基于自身经营管理需 要，计划自本公告披露之日起15个交易日后的3个月内，在符合法律法规规定的减持前提下，拟通过大 宗交易方式减持公司股份数量不超过843.49万股(含本数)，即不超过公司总股本的3%。 ...

Core Viewpoint - Understanding the "14th Five-Year Plan" is essential for identifying future investment opportunities and risks in the Chinese economy [1][3]. Group 1: Policy Direction - The "14th Five-Year Plan" emphasizes transformation, aiming for China to shift from a "follower" to a "leader" in high-quality development, with a focus on technological self-reliance and innovation [3]. - Key sectors highlighted include new energy, new materials, low-altitude economy, quantum technology, and brain-computer interfaces, indicating a shift towards innovation and green growth [3]. Group 2: Investment Strategies - Long-term investors are advised to focus on three main areas: hard technology (integrated circuits, artificial intelligence, aerospace), green transformation (new energy, environmental protection), and upgrading traditional industries (steel, machinery) that align with technological advancements and green standards [4]. - The emphasis is on selecting companies with genuine technology and performance, rather than chasing short-term market trends [4]. Group 3: Economic Focus - The shift in focus from GDP to national income signifies a commitment to increasing citizens' earnings and consumption, which will benefit sectors related to quality consumption, healthcare, and the digital economy [3].

毛丽表示，市场预计2025年至2027年"美股科技七雄"的资本支出或会超过过往十年支出累积的总和，每 一次颠覆性的技术革命遵循同样的路径，即从资本支出到基础设施建设，最终带动生产力的提升，这一 轮的AI应用的速度比过往更快，市场集中度更高，依然看好与人工智能相关的优质企业长期增长的动 能。 针对美股市场，毛丽认为，今年四季度开始，美国处在财政政策跟货币政策齐发力的阶段。在宽松的货 币环境跟财政政策的支持下，人工智能迎来快速发展，进一步帮助企业降本增效，同时提升企业盈利， 推动美股长期增长。"从长期角度看，未来会有更多的行业和企业应用AI技术，创造价值，美股企业盈 利或会进一步走阔。科技在盈利方面增长依然引领市场，2026年到2027年，其他低估值的行业盈利方面 或会逐步修复。"毛丽表示。 针对中国市场，毛丽认为，中国市场会遵循美国市场同样的路径，即AI赋能的行业带领中国市场持续 增长，随着人工智能、集成电路、软件国有化，数字基础设施建设等前沿性科技领域放在优先发展的位 置，未来或会有一系列政策支持、资源配置，进一步提升新质生产力，依然看好中国科技方面的表现跟 发展。 21世纪经济报道记者 吴佳楠 深圳报道 1 ...

人民财讯11月20日电，拓荆科技(688072)11月20日公告，持股19.57%的股东国家集成电路基金基于自身 经营管理需要，计划自15个交易日后的3个月内，拟通过大宗交易方式减持公司股份数量不超过843.49 万股，即不超过公司总股本的3%。 ...

Core Viewpoint - The National Integrated Circuit Industry Investment Fund Co., Ltd. plans to reduce its stake in Tuojing Technology by up to 843.49 million shares, representing 3% of the total share capital, due to operational management needs [1] Group 1 - The National Integrated Circuit Industry Investment Fund holds 55.0267 million shares of Tuojing Technology, accounting for 19.57% of the total share capital [1] - The planned reduction will occur through block trading within a three-month period from December 12, 2025, to March 11, 2026 [1] - The shares to be reduced were all acquired prior to the company's IPO [1]

Core Viewpoint - The company, Ziguang Guowei, reported strong performance in the first three quarters of 2025, with significant revenue and profit growth driven by increased sales in the special integrated circuit business [2] Financial Performance - The company achieved an operating income of 4.904 billion yuan, a year-on-year increase of 15.05% [2] - The net profit attributable to shareholders reached 1.263 billion yuan, reflecting a year-on-year growth of 25.04% [2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.163 billion yuan, showing a year-on-year increase of 32.34% [2] - Compared to the entire previous year, the net profit attributable to shareholders after deducting non-recurring gains and losses increased by 237 million yuan, representing a growth of 26% [2] Business Outlook - The company is focused on delivering current tasks while actively pursuing new orders and market expansion for the upcoming year [2] - Relevant statements from the "Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development" are expected to positively impact the company's business development [2]

Core Viewpoint - The company emphasizes that its stock price is influenced by various factors including macroeconomic conditions, market environment, and investor risk appetite, and aims to enhance its quality and operational efficiency to improve profitability and investment value [2] Group 1 - The company plans to enhance its operational efficiency and profitability to provide better returns to investors [2] - The company commits to strictly adhere to regulations such as the "Guidelines for the Supervision of Listed Companies No. 10 - Market Value Management" to protect investor interests [2] - The company expresses its intention to utilize various methods in compliance with laws and regulations to enhance its investment value [2]