来源：整理自中国证监会、企业招股书 与您一路同行，做您最忠实的拥护者--PCB行业融合新媒体-2025年最有价值的电路板产业服务平台！欢迎您的关注与点赞！祝您事业有成！平安喜乐！ 8月20日，中国证监会发布了《关于同意超颖电子电路股份有限公司首次公开发行股票注册的批复》，同意公司首次公开发行股票的注册申请。 据悉，自提交申请至最终获批，超颖电子共经历了555天的审核长跑。期间，上海证券交易所先后发出两轮问询函。此次获批也意味着，超颖电子即将登 陆上交所主板。 招股书显示，超颖电子主营业务是PCB的研发、生产和销售，产品广泛应用于汽车电子、显示、储存、消费电子、通信等领域，公司以汽车电子PCB为 主，是国内少数具备多阶HDI及任意层互连HDI汽车电子板量产能力的公司之一，与大陆汽车、法雷奥、博世、安波福等全球Tier 1汽车零部件供应商及特 斯拉等知名新能源汽车厂商建立了稳定合作。并拥有昆山工厂、黄石工厂和泰国工厂三处生产基地。 超颖电子本次发行计划募集资金6.6亿元，部分用于"超颖电子电路股份有限公司高多层及HDI项目第二阶段"。建成达产后，将新增年产36万平方米印制电 路板产能。 随着募投项目逐步达产，公司 ...

（原标题：揭秘涨停丨封单资金超13亿元，605255控制权变更） 今日（8月22日），A股市场收盘共81股涨停，剔除掉11只ST板块个股后有70股涨停，12股封板未遂，整体封板率为87.1%。 天普股份(605255)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：芯片板块多股涨停 1.芯片 涨停个股：云天励飞-U、航锦科技、海光信息、寒武纪-U、成都华微等 云天励飞-U：公司正在开发新一代"大脑"芯片DeepXBot系列，以加速人形机器人中的感知、认知、决策和控制的推理任务。 航锦科技：公司特种芯片业务属于半导体范畴，具备芯片设计能力及封装测试产能。 涨停战场：天普股份封单资金超13亿元 从收盘涨停板封单量来看，合力泰封单量最高，有48.69万手；其次是天普股份、万通发展、佳都科技，涨停板封单量分别44.94万手、32.18万 手、28.13万手。 合力泰具有算力概念，公司在投资者互动平台上 ...

AI服务器硬件升级推动高端PCB需求激增。以英伟达(NVDA.US) AI服务器为例，其核心模组(如UBB、 OAM加速板)需采用高多层板，单机PCB 价值量显著高于传统服务器。全球AI 服务器出货量从2020年 50万台增至2024 年200 万台，年复合增长率达45.2%，直接推升高层板和HDI 板的需求。从PCB厂商产 能利用率来看，胜宏科技（300476）(300476.SZ)产能利用率目前处于较高水平，在手订单饱满，稼动 率维持在较高水平，扩产计划稳步实施;鹏鼎控股（002938）(002938.SZ)产能利用率较上年有所提升;中 京电子（002579）(002579.SZ)目前订单饱和度总体在90%以上，珠海新工厂产能利用率总体在80%-90% 区间。AI服务器对 PCB 技术的要求远远高于传统产品，AI 算力基础设施的建设需要更多的 PCB 来构 建其核心架构，推动PCB 行业持续增长。 PCB产能扩张带动相关产业链需求放量 上海证券发布研报称，AI服务器对 PCB 技术的要求远远高于传统产品，AI 算力基础设施的建设需要更 多的 PCB 来构建其核心架构，推动PCB 行业持续增长。随着PCB ...

Core Viewpoint - The stock market showed strong performance on August 22, with significant gains in various indices, particularly in the ChiNext Index, which rose over 2.00% [1] Group 1: Market Performance - The ChiNext Index increased by more than 2.00% [1] - The Shanghai Composite Index rose by 0.47% [1] - The Shenzhen Component Index gained 1.11% [1] - Nearly 2,200 stocks in the Shanghai, Shenzhen, and Beijing markets experienced price increases [1] Group 2: Sector Performance - Semiconductor chips, PCB (Printed Circuit Board), and Xinchuang (domestic innovation) sectors led the gains in the market [1]

Group 1: Market Overview - The A-share market opened mixed on August 22, but later rose collectively, with all three major indices in the green [1] - The Sci-Tech 50 Index surged over 5% during the session, with significant gains in semiconductor stocks such as Cambricon, SMIC, and others [2][6] Group 2: Semiconductor Sector Performance - Cambricon's stock price reached a new high, with an intraday increase of over 12%, peaking at 1188 CNY per share [6][8] - Other semiconductor-related stocks also saw substantial gains, including Haiguang Information, which rose over 19%, and Xinyuan Technology, which increased by 8.52% [6][7] Group 3: PCB and AI Infrastructure - The demand for printed circuit boards (PCBs) is expected to surge due to the acceleration of AI computing infrastructure development, with projected investments of 41.9 billion CNY by leading PCB companies by 2025-2026 [10] - PCB concept stocks experienced a rally, with companies like Guangxin Materials hitting the daily limit up [9][10] Group 4: Rare Earth Permanent Magnet Sector - The rare earth permanent magnet sector showed strong performance, with stocks like San Chuan Wisdom and Wukuang Development hitting the daily limit up [11] - Prices for rare earth products have risen significantly, with an average increase of over 100,000 CNY per ton since August, and the price of neodymium-iron-boron magnets rising by 10.7% this month [12][15]

Core Viewpoint - The article highlights a significant surge in the semiconductor industry, particularly within the chip supply chain, with notable gains in stocks such as Cambricon and others, indicating a bullish market trend in the technology sector [2][4][10]. Market Performance - The STAR 50 Index experienced a sharp increase, rising over 5% during the trading session, with stocks like SMIC, Cambricon, and Haiguang Information showing substantial gains [4][5]. - The Shanghai Composite Index rose by 0.27%, the Shenzhen Component Index by 0.42%, and the ChiNext Index by 0.90% [3]. Sector Highlights - The semiconductor, computer hardware, internet, and non-ferrous metals sectors saw significant upward movement, with GPU, server, ASIC chip, and AI computing power stocks leading the charge [6][7]. - Cambricon's stock price reached a peak of 1188 CNY per share, reflecting a rise of over 14% during the trading session [13][14]. Notable Stock Movements - Haiguang Information surged by over 19%, approaching the daily limit, while other stocks like Chipone and Yingfang Micro also saw notable increases [11][12]. - The PCB (Printed Circuit Board) sector also experienced a rally, with stocks like Guangxin Materials hitting the daily limit [17][19]. Emerging Technologies - The announcement of the first domestically produced commercial electron beam lithography machine, "Xizhi," marks a significant advancement in quantum chip research, providing strong support for the ASIC chip industry [16]. - The release of DeepSeek-V3.1, which utilizes advanced parameters for next-generation domestic chip design, indicates ongoing innovation in the semiconductor field [15]. Rare Earth Permanent Magnet Sector - The rare earth permanent magnet sector showed strong performance, with stocks like San Chuan Wisdom hitting the daily limit and others following suit [21][22]. - Prices for rare earth materials have risen sharply, with an average increase of over 10,000 CNY per ton since August, and NdFeB prices increasing by 10.7% month-to-date and 51.3% year-to-date [24].

Core Points - A-shares major indices strengthened, with the ChiNext Index rising by 2.34%, the Shanghai Composite Index increasing by 0.56%, the Shenzhen Component Index up by 1.25%, and the STAR Market 50 Index surging by 5.43% [1][2] Index Performance - Shanghai Composite Index: 3792.35, up by 21.25 points, or +0.56% [2] - ChiNext Index: 2656.10, up by 60.63 points, or +2.34% [2] - Shenzhen Component Index: 12068.87, up by 149.11 points, or +1.25% [2] - STAR Market 50 Index: 1211.56, up by 62.41 points, or +5.43% [2] - North Exchange 50 Index: 1601.89, up by 12.50 points, or +0.79% [2] - CSI 300 Index: 4332.73, up by 44.66 points, or +1.04% [2] - Shanghai 50 Index: 2892.31, up by 30.14 points, or +1.05% [2] Sector Performance - Semiconductor chips, PCB, and Xinchuang sectors led the gains, with nearly 2200 stocks in the Shanghai and Shenzhen markets rising [1]

8月22日，A股市场早间开盘涨跌不一，随后集体上扬。截至发稿，三大指数集体飘红。 | ુ 3781.47 | 11969.51 = = | 2618.95 | | --- | --- | --- | | 上证指数 +0.27% | 深证成指 +0.42% | 创业板指 +0.90% | 科创50指数暴力拉升，盘中涨超5%。中芯国际、寒武纪、海光信息、芯原股份等成份股纷纷飙涨。 盘面上，上午半导体、电脑硬件、互联网、有色金属等板块走高，GPU、服务器、ASIC芯片、AI算力等概念股拉升；纺织服饰、煤炭、石油石化等板块 不振。 | | | Wind热门概念指数 | | | --- | --- | --- | --- | | GPU 6.18% | 服务器 5.26% | 覆铜板 3.74% | ASIC芯片 3.18% | | 玻璃纤维 2.94% | 半导体 2.73% | 炒股软件 2.63% | AIPC 2.63% | | AI算力 2.64% | 芯片 2.58% | 煤炭开采 -1.00% | 人造肉 -1.00% | | 鸡产业 -0.99% | 一号文件 -1.04% | 水利水电建设 -1.17 ...

Core Viewpoint - The leading PCB company, Huadian Co., reported significant growth in both revenue and net profit for the first half of 2025, indicating strong performance in the PCB industry driven by demand from AI and high-speed network infrastructure [1][4]. Financial Performance - Revenue for the first half of 2025 reached 8.494 billion yuan, a year-on-year increase of 56.59% compared to 5.424 billion yuan in the same period last year [2]. - Net profit attributable to shareholders was 1.683 billion yuan, reflecting a 47.50% increase from 1.141 billion yuan in the previous year [2]. - The net profit after deducting non-recurring gains and losses was 1.644 billion yuan, up 47.90% from 1.111 billion yuan [2]. - Operating cash flow increased significantly by 75.67%, reaching 2.097 billion yuan compared to 1.194 billion yuan [2]. - Basic earnings per share rose to 0.8754 yuan, a 46.73% increase from 0.2966 yuan [2]. - Total assets at the end of the reporting period were 24.464 billion yuan, up 15.50% from 21.180 billion yuan at the end of the previous year [2]. Business Segments - The PCB business saw a revenue increase of 57.20%, amounting to approximately 8.152 billion yuan [4]. - The enterprise communication market segment was a key growth driver, with revenue of about 6.532 billion yuan, a year-on-year increase of 70.63% [5]. - High-speed network-related PCB products experienced remarkable growth, with a year-on-year increase of 161.46%, accounting for approximately 53% of the enterprise communication market revenue [5]. - The automotive PCB segment also performed well, with revenue of about 1.422 billion yuan, a 24.18% increase, and emerging automotive products growing by 81.86% [5]. Industry Outlook - The PCB industry is expected to continue its high growth trend, driven by the demand for AI computing power and the increasing penetration of new energy vehicles [4][9]. - The PCB sector has seen a strong market performance, with a cumulative increase of nearly 70% since April [6]. - Major PCB companies are actively expanding production capacity, with significant investments planned to meet the growing demand for high-end products [8][9].

Group 1 - Victory Technology has officially submitted its application for listing on the Hong Kong Stock Exchange, aiming to issue overseas listed shares (H shares) and be listed on the main board [1] - The company specializes in the research, production, and sales of high-density printed circuit boards (PCBs), covering rigid and flexible circuit boards, with applications in AI, automotive electronics, and next-generation communication technologies [1] - As of August 20, 2025, Victory Technology's total market capitalization in the A-share market is approximately 193.67 billion yuan [1] Group 2 - Jiangxi Xiangyi Dingsheng Technology Co., Ltd. is expected to commence production of its second-phase project by the end of September, with a focus on Mini LED backlight PCB components [2][4] - The company has achieved revenue of 396 million yuan in the first half of the year and anticipates annual revenue to exceed 1 billion yuan, representing a year-on-year growth of over 50% [2] - The total investment for the new projects is 2 billion yuan, which will enhance the company's production capacity significantly, including an additional 6 million square meters of Mini LED aluminum substrates and 9 million high-end metal-based copper-clad laminates [4]