新华财经北京1月29日电科创板两大股指29日盘初低开低走，两股指显著下探后出现较大幅度反弹，回 补与上一交易日之间缺口后开始持续震荡下行，至午间收盘时均显著下跌，午后跌幅进一步扩大，收盘 时均大幅下跌。 至收盘时，科创50指数报1507.64点，跌幅3.03%，成分股总成交额约986亿元，较上一交易日小幅缩 量。科创综指收于1831.10点，跌幅2.63%，总成交额约3100亿元，总成交额较上一交易日小幅缩量。 当日，科创板个股涨少跌多，500股收跌，占比约83.33%。细分领域中，少数软件服务股表现相对强 势，半导体、元器件、电气设备、专用机械等多个细分领域内股票均呈普跌态势。 经新华财经统计，1月29日，剔除停牌的埃夫特，科创板其余600股平均跌幅2.22%，平均换手率 3.74%，合计成交额3099.58亿元，平均振幅为5.70%。 个股表现方面，思看科技上涨15.08%，涨幅居首；*ST观典下跌19.94%，跌幅居首。 成交额方面，澜起科技成交额100.44亿元，位居首位；万德斯成交额1734.18万元，位居末位。 换手率方面，恒运昌换手率为43.32%，位居首位；龙腾光电换手率为0.26%，位居末位 ...

Group 1 - The Sci-Tech Innovation 50 Index opened lower on January 23, followed by a narrow adjustment, and eventually closed with a slight increase of 0.78% at 1553.71 points, with a total trading volume of approximately 110.8 billion yuan [1] - The overall Sci-Tech Innovation Index rose by 1.85% to 1899.78 points, with a total trading volume of about 334.9 billion yuan [1] - On January 23, 600 stocks in the Sci-Tech Innovation Board saw an average increase of 2.28% and an average turnover rate of 3.87%, with a total trading volume of 334.9 billion yuan and an average fluctuation of 4.77% [1] Group 2 - In terms of individual stock performance, stocks such as Ruihua Technology, Laplace, Zhenlei Technology, and Jinko Solar reached their daily limit, showing significant gains [1] - Conversely, Jucheng Co. experienced a decline of 7.87%, marking the largest drop among the stocks [1] - In trading volume, Lanke Technology led with a total of 12.04 billion yuan, while ST Pava had the lowest trading volume at 1.258 million yuan [2] Group 3 - Regarding turnover rates, Aerospace Huanyu had the highest turnover rate at 22.28%, while Bairen Medical recorded the lowest at 0.18% [3]

新华财经北京1月22日电科创50指数1月22日早间高开，随后指数震荡下挫，午后指数持续整理，最终小 幅收涨。至收盘时，科创50指数报1541.64点，涨幅0.41%，指数振幅为2.91%，总成交额约1145亿元。 1月22日，科创综指全日收涨0.14%，收于1865.34点，总成交额约3103亿元。 个股表现方面，腾景科技、明微电子、青云科技、固德威等涨停，涨幅靠前；艾迪药业跌13.48%，跌 幅居首。 从盘面来看，科创板600只个股涨少跌多，高价股、低价股均表现分化。细分领域来看，元器件股、环 境保护股表现强势，生物制药股、专用机械股跌幅靠前，半导体股表现分化。 经新华财经统计，1月22日，科创板600只个股平均涨幅0.25%，平均换手率3.49%，合计成交额3103亿 元，平均振幅为4.57%。 换手率方面，胜科纳米换手率为23.65%，位居首位；三一重能换手率为0.26%，位居末位。 （文章来源：新华财经） 成交额方面，澜起科技成交额194.6亿元，位居首位；ST帕瓦成交额995.4万元，位居末位。 ...

Group 1 - The core index, the Sci-Tech 50 Index, opened slightly lower on January 8 but quickly rose, eventually closing at 1455.17 points with a gain of 0.82% and a total trading volume of approximately 99.25 billion yuan [1] - The Sci-Tech Comprehensive Index increased by 1.14% to close at 1766.57 points, with a total trading volume of about 318.1 billion yuan [2] - On the Sci-Tech board, 600 stocks showed more gains than losses, with an average increase of 1.27% and an average turnover rate of 4.23% [2] Group 2 - Notable individual stock performances included Beibetter, Aerospace Nanhu, and Aerospace Hongtu, which hit the daily limit up, while Jiabiyou experienced a significant drop of 11.91% [3] - In terms of trading volume, Cambrian Technology led with a volume of 21.58 billion yuan, while Zhongke Weizhi had the lowest at 909.1 million yuan [4] - The highest turnover rate was recorded by Hengkang New Materials at 52.85%, while Zhongke Weizhi had the lowest turnover rate at 0.22% [5]

1月6日，科创综指全日收涨1.45%，收于1720.41点，总成交额约2776亿元。 从盘面来看，科创板600只个股涨多跌少，高价股、低价股均表现分化。细分领域来看，医疗保健股、 电气设备股表现强势，元器件股、专用机械股跌幅靠前；半导体股表现分化。 新华财经北京1月6日电科创50指数1月6日早间微有低开，随后快速冲高，一度涨超2.5%，午后指数涨 幅有所收窄，最终大幅收涨。至收盘时，科创50指数报1429.30点，涨幅1.84%，指数振幅为2.97%，总 成交额约808亿元。 成交额方面，寒武纪成交额96.7亿元，位居首位；ST帕瓦成交额660.4万元，位居末位。 换手率方面，强一股份换手率为32.19%，位居首位；龙腾光电换手率为0.27%，位居末位。 （文章来源：新华财经） 经新华财经统计，1月6日，科创板600只个股平均涨幅1.06%，平均换手率3.72%，合计成交额2776亿 元，平均振幅为4.21%。 个股表现方面，伟思医疗、航天环宇、翔宇医疗、星环科技、麦澜德等多股涨停，涨幅靠前；新光光电 跌7.30%，跌幅居首。 ...

经新华财经统计，12月22日，剔除1只停牌股，科创板剩余597只个股平均涨幅1.01%，平均换手率 2.66%，合计成交额1858亿元，平均振幅为3.64%。 个股表现方面，鼎通科技涨20%，领涨成分股；拉普拉斯跌10.02%，跌幅居首。 成交额方面，中芯国际成交额86.2亿元，位居首位；ST帕瓦成交额425.5万元，位居末位。 换手率方面，C优速换手率为49.02%，位居首位；龙腾光电换手率为0.20%，位居末位。 （文章来源：新华财经） 新华财经北京12月22日电 （王媛媛）科创50指数12月22日震荡上涨。至收盘时，科创50指数报 1335.24，涨幅2.04%，指数振幅为1.84%，总成交额约551.4亿元。 从盘面上看，科创板个股多数上涨，上涨个股超300只。高价股表现较好，低价股有所分化。 细分领域中，半导体、小金属、化工原料、专用机械类个股表现活跃，医疗保健、生物制药类个股下 跌。 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [3][9]. Core Insights - The company is a leading domestic manufacturer of direct imaging lithography equipment, primarily serving the PCB and semiconductor industries. It has rapidly expanded its market share and product offerings, particularly in high-end PCB applications and the semiconductor sector [9][14]. - The PCB industry is expected to grow significantly, driven by demand from sectors such as electric vehicles and cloud computing, with a projected compound annual growth rate (CAGR) of 5.5% over the next five years [9][37]. - The company's revenue and profit forecasts indicate strong growth, with expected revenues of 1.35 billion yuan in 2025 and 2.37 billion yuan in 2027, alongside net profits of 296 million yuan and 580 million yuan respectively [9][8]. Summary by Sections Company Overview - The company was established in June 2015 and went public in April 2021. It is located in Hefei, Anhui Province, and focuses on R&D and manufacturing of direct imaging equipment, holding over 200 patents [14][15]. - The company has shown robust growth, with revenue increasing from 310.9 million yuan in 2020 to 954 million yuan in 2024, representing a compound annual growth rate of 32.44% [20][24]. PCB Industry Development - The PCB industry is a crucial part of the electronic information sector, benefiting from national policies and a growing demand for electronic products. The global PCB market is projected to reach 73.565 billion USD in 2024, with a growth rate of 5.8% from the previous year [37][38]. - The domestic PCB market is also expanding, with a forecasted CAGR of 4.0% through 2028, driven by the shift of production capacity to China and the growth of downstream electronic manufacturing [49][50]. Financial Performance - The company maintains a high gross margin of approximately 42% and a net margin around 21%, indicating strong profitability [24][28]. - The revenue structure is primarily composed of PCB equipment, which accounted for 81.95% of total revenue in 2024, while the semiconductor equipment segment is growing rapidly [28][29]. Future Growth Potential - The company is well-positioned to benefit from the ongoing transition to high-end PCB products and the expansion of its semiconductor business, which is expected to drive significant revenue growth in the coming years [9][37]. - The report highlights the increasing demand for advanced packaging and IC substrates, which are expected to contribute to the company's growth trajectory [9][38].

Market Performance - The two major indices of the Sci-Tech Innovation Board opened mixed on December 17, with the Sci-Tech Comprehensive Index slightly lower and the Sci-Tech 50 Index slightly higher [1] - By the end of the trading day, the Sci-Tech Comprehensive Index closed at 1581.95 points, up 2.17%, with a total trading volume of approximately 180.4 billion yuan, significantly higher than the previous trading day [1] - The Sci-Tech 50 Index closed at 1325.33 points, up 2.47%, with constituent stocks' total trading volume around 50.18 billion yuan, showing a slight increase compared to the previous trading day [1] Individual Stock Performance - On December 17, 459 stocks on the Sci-Tech Innovation Board rose, accounting for approximately 76.88% of the total [1] - In specific sectors, stocks in the electrical equipment sector saw widespread gains, while stocks in software services, semiconductors, components, specialized machinery, biopharmaceuticals, and healthcare also experienced upward trends [1] New Listings - Muxi Co., Ltd. was listed on the Sci-Tech Innovation Board on December 17, with stock code 688802, focusing on the development, design, and sales of full-stack GPU products for artificial intelligence training and reasoning, as well as general computing and graphics rendering [1] - Muxi's shares surged by 692.95% from the issue price by the end of the trading day, with a trading volume of approximately 11.26 billion yuan and a turnover rate of 84.72% [1] Overall Trading Statistics - Excluding the first-day performance of Muxi, the remaining 596 stocks on the Sci-Tech Innovation Board had an average increase of 1.32% and an average turnover rate of 2.47%, with a total trading volume of 169.15 billion yuan and an average fluctuation of 4.30% [2] - Among individual stocks, Kaipu Cloud reached the daily limit, marking the highest increase, while Ruihua Tai experienced a decline of 7.84%, the largest drop [2] - In terms of trading volume, excluding Muxi, Cambrian led with a trading volume of 8.166 billion yuan, while Planet Graphite had the lowest at 618.31 million yuan [2] - Regarding turnover rates, excluding Muxi, Angrui Micro had the highest turnover rate at 37.09%, while Planet Graphite had the lowest at 0.19% [2]

Core Points - The Sci-Tech Innovation 50 Index opened with adjustments on December 12, then fluctuated upwards, closing significantly higher at 1348.88 points, with an increase of 1.74% and a trading range of 2.83%, totaling a transaction volume of approximately 83.87 billion yuan [1] - The Sci-Tech Comprehensive Index also rose by 1.77%, closing at 1611.93 points, with a total transaction volume of about 248 billion yuan. Among the 595 stocks in the Sci-Tech board, most rose while low-priced stocks showed mixed performance [2] Stock Performance - The top performer was Jingfeng Mingyuan, which hit the daily limit, while Moer Thread saw the largest decline at 13.41% [3] Transaction Volume - Cambrian Technology led in transaction volume with 12.5 billion yuan, while Conglin Technology had the lowest at 465 million yuan [4] Turnover Rate - Moer Thread had the highest turnover rate at 42.26%, while Weigao Orthopedics had the lowest at 0.2% [5]

转自：新华财经 经新华财经统计，12月11日，科创板595只个股平均跌幅1.06%，平均换手率2.64%，合计成交额1862亿 元，平均振幅为3.91%。个股表现方面，摩尔线程涨28.04%，涨幅居首，报941.08元／股，股价续创历 史新高；碧兴物联（维权）跌7.12%，跌幅居首。 成交额方面，摩尔线程成交额124.5亿元，位居首位；丛麟科技成交额435.8万元，位居末位。 换手率方面，百奥赛图换手率为58.93%，位居首位；威高骨科换手率为0.14%，位居末位。 编辑：罗浩 新华财经北京12月11日电（胡晨曦）科创50指数12月11日早间小有高开，随后震荡下挫翻绿，午后指数 持续调整，最终大幅收跌。至收盘时，科创50指数报1325.83点，跌幅1.55%，指数振幅为1.86%，总成 交额约532.4亿元。 12月11日，科创综指全日收跌1.29%，收于1583.91点，总成交额约1862亿元。 从盘面来看，科创板595只个股涨少跌多，高价股、低价股均多数下跌。细分领域来看，生物制药股、 医疗保健股表现活跃，通信设备股、专用机械股跌幅靠前；半导体股表现分化。 ...