资料显示，大族激光科技产业集团股份有限公司位于广东省深圳市南山区深南大道9988号，成立日期 1999年3月4日，上市日期2004年6月25日，公司主营业务涉及激光加工设备的研发、制造及销售。主营 业务收入构成为：其他智能制造装备68.71%，PCB智能制造装备31.29%。 从大族激光十大流通股东角度 数据显示，南方基金旗下1只基金位居大族激光十大流通股东。南方中证500ETF（510500）三季度减持 21.49万股，持有股数1226.69万股，占流通股的比例为1.28%。根据测算，今日浮盈赚取约2809.12万 元。 南方中证500ETF（510500）成立日期2013年2月6日，最新规模1400.98亿。今年以来收益5.76%，同类 排名1039/5509；近一年收益47.06%，同类排名1380/4198；成立以来收益166.15%。 1月9日，大族激光涨5.37%，截至发稿，报44.96元/股，成交5.32亿元，换手率1.28%，总市值462.91亿 元。 从基金十大重仓股角度 数据显示，南方基金旗下1只基金重仓大族激光。南方中证机器人ETF（159258）三季度持有股数 143.33万股，占基金 ...

以上内容来自证券时报网 长三角G60激光联盟陈长军转载 热忱欢迎参加我们在2026年4月15-17日在苏州举办的第八届涡轮技术大会暨民用航空发动机和燃气轮机展以及激光在民用航空发动机和燃气轮机中的应用大 会（4月16日） 12月30日，济南森峰激光科技股份有限公司披露招股说明书（申报稿），其上市申请已被北交所正式受理。公司拟发行不超过1,900万股（未行使超额配售 权），保荐机构为国联民生证券。 | 序号 | 项目名称 | 项目投资总额 (万元) | 拟使用募集 资金(万元) | 备案项目代码 | | --- | --- | --- | --- | --- | | 1 | 激光加工设备全产业链 智能制造项目(二期) | 29,111.00 | 29.111.00 | 2512-370171-07-02-938008 | | 2 | 全国营销网络建设项目 | 3,053.40 | 3.053.40 | 2512-370171-04-04-254703 | | 3 | 补充流动资金 | 3,000.00 | 3.000.00 | | | | 合计 | 35,164.40 | 35.164.40 | | 森峰激光专 ...

出品 | 36氪未来消费（微信ID：lslb168） 离你更近的消费创投一线。 整理 | 任彩茹 Busy Money 「分音塔科技」完成近 亿元A轮 融资 36氪获悉，由清华大学人工智能团队创立的"分音塔科技"获近亿元A轮融资，本轮由合鼎共投资（广州）有限公司、衢州智造安合股权投资合伙企业（有 限合伙）共同投资。 据分音塔科技创始人及CEO关磊透露，本轮融资资金将主要用于老人健康陪伴机器人、老人家庭AI安防、AI翻译等领域的技术和产品研发，未来公司将主 要聚焦于AI+银发领域。 「Obita」完成Pre-A轮融资 36氪获悉，"Obita"近日宣布完成Pre-A轮融资，公司已完成两轮融资，累计融资规模近3000万美元。本轮融资由一家头部美元基金领投，老股东元璟 资本、Mirana Ventures、君联资本跟投。 Obita是一家企业级跨境支付与数字金融网络开发商，以合规稳定币为核心，正在搭建Obita Mesh框架下的区块链原生支付网络，让全球企业享有低成 本、实时到账、可监管的结算体验。 「 壹 粟创新」完成亿元Pre-A轮融资 36氪获悉，近日，专注于桌面级激光加工设备的科技企业"壹粟创新"宣布完成亿 ...

森峰激光成立于2007年5月，注册资本5700万元，注册地位于济南市高新区孙村街道。作为一家专注于激光加工设备研发、制造及提 供智能制造解决方案的国家高新技术企业，公司在行业内拥有"森峰（SENFENG）"和"镭鸣"两大品牌——前者主攻国际市场，后者 聚焦国内需求。从股权结构来看，公司具有明显的家族企业特征。控股股东李峰西与李雷为夫妻关系，二人合计持有61.98%的股 份，对公司拥有绝对控制权。 森峰激光的创业板IPO之旅始于2021年8月，当时公司首次启动上市辅导，保荐机构为民生证券。2022年6月15日，深交所正式受理其 IPO申报材料。此后，公司经历了深交所三轮问询，最终在2023年8月17日获得上市委员会审核通过，成功过会。 2025年1月27日，深交所一纸公告，正式宣布终止济南森峰激光科技股份有限公司（新三板股票简称：森峰激光；股票代码： 874865）的创业板IPO审核。这一消息在资本市场引发关注——毕竟，这家公司早在2023年8月就已成功通过上市委会议审核，距离 最终注册仅一步之遥。更令人意外的是，近10个月后，2025年11月28日，深交所对保荐代表人以及签字注册会计师采取自律监管措 施，将这 ...

导读：在森峰激光主动终止创业板IPO近十个月后，随着曹冬、曹文轩二人同时被深交所约谈，其彼时 闯关A股上市失败背后的更多内幕也浮出了水面。森峰激光或许自己也没有想到，其创业板IPO在前期 已"扛"过深交所多达三轮次的审核问询且已顺利通过深交所上市委会议审核一年多时间后，深交所还会 重新对其提起现场督导。 作者：赵 擎@北京 编辑：翟 睿@北京 2025年12月1日，在这个2025年最后一个月的第一个工作日，两名来自国联民生证券的保荐代表人—— 曹冬、曹文轩出现在了位于深圳市福田区深南大道2012号的深交所大楼中，与以往多次来此报送投行项 目材料或参与IPO挂牌仪式不同，二人此行是因在执业过程中因涉相关违规行为被监管层查处而被深交 所上市审核中心约谈。 曹冬、曹文轩二人皆是在国联民生证券中从业长达十余年的资深投行人士。 公开信息显示，曹文轩于2008年7月入职民生证券，并由此拉开了其此后近二十年的券商从业序幕。 2012年，曹文轩正式注册成为一名合格的保荐代表人，并在此后参与和主导了多起IPO项目。 相较于曹文轩，曹冬的从业资历略浅。 在湖南省地方金融管理局官方网站2023年7月19日发布的一篇名为《躬身入局， ...

两融数据显示，该股最新融资余额为3.04亿元，近5日减少21.24万元，降幅为0.07%。（数据宝） 11月17日柏楚电子大宗交易一览 柏楚电子11月17日大宗交易平台出现一笔成交，成交量6.80万股，成交金额917.12万元，大宗交易成交 价为134.87元。该笔交易的买方营业部为瑞银证券有限责任公司上海花园石桥路证券营业部，卖方营业 部为国泰海通证券股份有限公司总部。 进一步统计，近3个月内该股累计发生3笔大宗交易，合计成交金额为2565.58万元。 证券时报·数据宝统计显示，柏楚电子今日收盘价为134.87元，下跌0.91%，日换手率为0.37%，成交额 为1.43亿元，全天主力资金净流出1122.78万元，近5日该股累计下跌3.64%，近5日资金合计净流出 4535.16万元。 | 成交量 | 成交金额 | 成交价 | 相对当日收盘折 | | | | --- | --- | --- | --- | --- | --- | | （万 | （万元） | 格 | 溢价（%） | 买方营业部 | 卖方营业部 | | 股） | | （元） | | | | | | | | | 瑞银证券有限责任公司上海花 | 国泰 ...

Investment Rating - The report maintains a "Recommendation" rating for the company, with a target price of 185.28 CNY [2][8]. Core Insights - The company reported a significant increase in performance for the third quarter of 2025, with a revenue of 1.628 billion CNY, representing a year-on-year growth of 31.90% and a quarter-on-quarter growth of 16.83%. The net profit attributable to the parent company reached 109 million CNY, showing a year-on-year increase of 123.78% and a quarter-on-quarter increase of 83.53% [2][8]. - The company's revenue for the first three quarters of 2025 was 1.509 billion CNY, up 41.02% year-on-year, while the net profit attributable to the parent company was 204 million CNY, up 97.30% year-on-year. The gross profit margin stood at 40.58%, an increase of 0.38 percentage points year-on-year [2][8]. Financial Performance Summary - The company is projected to achieve total revenue of 2.037 billion CNY in 2025, with a year-on-year growth rate of 40.1%. The net profit attributable to the parent company is expected to reach 259 million CNY, reflecting a year-on-year growth of 95.7% [4][9]. - Earnings per share (EPS) are forecasted to be 2.73 CNY in 2025, with a price-to-earnings (P/E) ratio of 54 times [4][9]. - The gross profit margin is expected to be 39.5% in 2025, with a net profit margin of 12.9% [9]. Business Strategy and Market Position - The company is focusing on optimizing its product structure and enhancing its research and development efforts, particularly in the laser equipment sector. It aims to provide comprehensive solutions centered around laser technology [8]. - The company is strategically expanding its presence in the intelligent equipment and optical communication sectors, responding to the growing demand from data centers, cloud computing, and artificial intelligence industries [8].

Investment Rating - The report maintains a "Recommendation" rating for the company, indicating an expectation to outperform the benchmark index by 10%-20% over the next six months [16]. Core Insights - The company reported a revenue of 185 million yuan for the first three quarters of 2025, representing a year-on-year increase of 15.80%. The net profit attributable to the parent company was 37 million yuan, up 32.86% year-on-year, while the non-recurring net profit reached 31 million yuan, marking a 55.97% increase year-on-year. In Q3 alone, revenue was 52 million yuan, a 3.43% increase year-on-year, but the net profit attributable to the parent company decreased by 17.27% to 9 million yuan, with a non-recurring net profit of 6 million yuan, down 22.91% year-on-year [1][3]. Financial Performance Summary - Total revenue for 2024 is projected at 212 million yuan, with a year-on-year growth rate of -3.4%. For 2025, revenue is expected to rise to 258 million yuan, reflecting a growth rate of 21.4%. By 2026 and 2027, revenue is forecasted to reach 316 million yuan and 390 million yuan, respectively, with growth rates of 22.8% and 23.2% [3]. - The net profit attributable to the parent company is anticipated to be 31 million yuan in 2024, with a significant increase to 53 million yuan in 2025, representing a growth rate of 73.8%. The projections for 2026 and 2027 are 81 million yuan and 111 million yuan, with growth rates of 54.1% and 36.2% respectively [3]. - The earnings per share (EPS) are expected to be 0.30 yuan in 2024, increasing to 0.52 yuan in 2025, 0.80 yuan in 2026, and 1.08 yuan in 2027 [3]. Market Position and Strategy - The company is focusing on enhancing its market competitiveness through the development of laser scanning mirror hardware and software systems. It aims to increase its market share in high-end applications, which are currently dominated by international players [7]. - The company is also actively expanding its servo control system offerings, achieving a revenue of 3.20 million yuan in the first half of the year, which is a 132.96% increase year-on-year [7]. - The report suggests that the company is well-positioned to benefit from its technological advantages and ongoing market expansion efforts, particularly in high-end laser processing control systems and servo control systems [7]. Valuation - The target price for the company's stock is set at 36 yuan, with the current price at 31.72 yuan, indicating potential upside based on the company's growth prospects and market positioning [3].

Investment Rating - The report maintains a "Strong Buy" rating for the company, indicating an expectation to outperform the benchmark index by over 20% in the next six months [22]. Core Insights - The company has shown signs of an earnings inflection point, with AI PCB expansion and innovations in edge-side technology expected to drive a new growth cycle [7]. - For the first three quarters of 2025, the company reported revenues of 12.713 billion (YoY +25.51%) and a net profit attributable to shareholders of 863 million (YoY -39.46%) [1]. - The third quarter saw revenues of 5.1 billion (YoY +35.14%, QoQ +9.22%) and a net profit of 375 million (YoY +86.51%, QoQ +15.56%) [1]. Financial Performance Summary - The company’s total revenue projections for 2024A, 2025E, 2026E, and 2027E are 14,771 million, 18,039 million, 24,130 million, and 29,179 million respectively, with growth rates of 4.8%, 22.1%, 33.8%, and 20.9% [3]. - The net profit attributable to shareholders is projected to be 1,694 million in 2024A, decreasing to 1,285 million in 2025E, before rebounding to 2,453 million in 2026E and 3,649 million in 2027E [3]. - The earnings per share (EPS) is expected to be 1.65 in 2024A, dropping to 1.25 in 2025E, and then increasing to 2.38 in 2026E and 3.54 in 2027E [3]. Business Segment Insights - The PCB business generated revenues of 1.5 billion in Q3 (YoY +95%, QoQ +7%) with a gross margin of 34%, reflecting a significant increase due to higher-value AI PCB equipment shipments [7]. - Non-PCB business achieved revenues of 3.6 billion in Q3 (YoY +19%, QoQ +10%) with a gross margin of 35%, indicating recovery in consumer electronics, new energy, and semiconductor sectors [7]. - The company is positioned to benefit from the AI-driven expansion in PCB manufacturing, with major industry players increasing production capacity [7]. Investment Recommendation - The report suggests that the company is a leading provider of intelligent manufacturing equipment solutions, with AI edge-side and AI PCB expected to drive a new growth phase [7]. - The target price is set at 71.4 yuan, with the current price at 42.78 yuan, reflecting a significant upside potential [3].

Core Insights - The company Jin Yun Laser (300220) reported its Q3 2025 financial results, showing a slight decline in revenue and a small net loss [1] Financial Performance - The company achieved a revenue of 62.45 million yuan in Q3 2025, representing a year-on-year decrease of 1.76% [1] - The net profit for the same period was -259,900 yuan, which indicates a year-on-year increase of 7.70% [1]