广发量化多因子混合A（005225）成立日期2018年3月21日，最新规模36.18亿。今年以来收益52.72%， 同类排名1040/8155；近一年收益52.72%，同类排名1040/8155；成立以来收益134.39%。 广发量化多因子混合A（005225）基金经理为易威、李育鑫。 截至发稿，易威累计任职时间2年185天，现任基金资产总规模38.18亿元，任职期间最佳基金回报 71.19%， 任职期间最差基金回报-1.66%。 李育鑫累计任职时间2年76天，现任基金资产总规模37.93亿元，任职期间最佳基金回报102.03%， 任职 期间最差基金回报2.93%。 1月5日，金禄电子涨5.26%，截至发稿，报30.59元/股，成交2.58亿元，换手率10.93%，总市值46.23亿 元。 资料显示，金禄电子科技股份有限公司位于广东省清远市高新技术开发区安丰工业园盈富工业区M1- 04,05A号地，成立日期2006年10月19日，上市日期2022年8月26日，公司主营业务涉及从事印制电路板 (PCB)的研发、生产和销售。主营业务收入构成为：PCB90.64%，其他(补充)9.36%。 从金禄电子十大流通股东角 ...

鹏华国证2000指数增强A（017892）基金经理为苏俊杰。 截至发稿，苏俊杰累计任职时间7年328天，现任基金资产总规模249.24亿元，任职期间最佳基金回报 81.99%， 任职期间最差基金回报-21.6%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 12月22日，骏亚科技涨5.14%，截至发稿，报15.96元/股，成交3.13亿元，换手率6.21%，总市值52.08亿 元。 资料显示，广东骏亚电子科技股份有限公司位于广东省惠州市惠城区(三栋)数码工业园25号区，成立日 期2005年11月22日，上市日期2017年9月12日，公司主营业务涉及印制电路板(PCB)的研发、生产和销 售及印制电路板的表面贴装(SMT),细分领域涵盖印制电路板的研发样板、小批量板、中大批量板。主营 业务收入构成为：PCB88.64%，其他(补充)6.46%，SMT2.50%，整机2.40%。 从基金十大重仓股角度 数据显示，鹏华基金旗下1只基金重仓骏亚科技。鹏华国证 ...

Core Insights - The article emphasizes that AI hardware is not only the main market line for 2025 but also the core increment of the technology cycle for the coming years [2][3] - The Wind hardware equipment index has surged approximately 49% this year, with transaction volume increasing by 83.83% compared to the same period last year, reaching an average daily transaction volume of 271.9 billion yuan [2] Company Rankings - The article presents the top 10 hardware equipment companies based on a comprehensive evaluation of 589 A-share companies, focusing on "R&D innovation, financial health, growth potential, and market performance" [4] - The top 10 companies include: 1. Xinyi Technology (新易盛) - Optical module solutions provider 2. Hikvision (海康威视) - Intelligent IoT solutions provider 3. Zhongji Xuchuang (中际旭创) - High-speed optical module solutions provider 4. ZTE Corporation (中兴通讯) - Network equipment and telecommunications provider 5. Dahua Technology (大华股份) - Video-centric smart IoT solutions provider 6. Shenghong Technology (胜宏科技) - High-precision PCB manufacturer 7. Industrial Fulian (工业富联) - Industrial internet and smart manufacturing service provider 8. BOE Technology Group (京东方) - Display panel leader 9. Yingshi Innovation (影石创新) - Intelligent imaging equipment provider [5][6] Industry Trends - The industry is entering a new phase characterized by "AI/computing power first," with AI being the largest variable and certainty for hardware equipment in 2025 [10] - A "hard technology growth chain" centered around AI computing power is rapidly forming, with leading companies showing high innovation, financial stability, and strong market performance [10][19] - The first-tier companies exhibit a total score above 1600, indicating robust financial health and market competitiveness, while the second-tier companies, scoring between 1400-1600, include both large manufacturers and niche leaders [19][20] Financial Health and Market Performance - The article notes that top companies have a strong financial foundation and market competitiveness, while R&D innovation and growth potential scores are more dispersed, particularly in high-demand sectors like data centers and AI [9][12] - Companies with high R&D scores but poor financial health tend to have lower market performance, indicating a stricter market scrutiny of "stories" and "concepts" [12]

骏亚科技（603386）(603386.SH)发布公告，公司股票于2025年12月5日、12月8日、12月9日连续三个交 易日内日收盘价格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》的有关规定，属于股票 交易异常波动。经公司自查，未发现对公司股票交易价格产生重大影响的媒体报道。公司主营业务为印 制电路板(PCB)的研发、生产和销售及印制电路板的表面贴装(SMT)，公司产品包括刚性电路板、柔性 电路板、刚柔结合板、高密度互联电路板和PCBA，应用领域较为广泛，具体情况详见公司披露的定期 报告。公司生产的PCB产品可用于人形机器人，其中应用于人形机器人的相关产品占公司营业收入比重 很小，占公司营业收入比重低于0.05%，不会对公司当期业绩产生重大影响，后续公司PCB产品在人形 机器人应用领域的业绩增长存在较大不确定性。 ...

智通财经APP讯，骏亚科技(603386.SH)发布公告，公司股票于2025年12月5日、12月8日、12月9日连续 三个交易日内日收盘价格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》的有关规定，属 于股票交易异常波动。经公司自查，未发现对公司股票交易价格产生重大影响的媒体报道。公司主营业 务为印制电路板(PCB)的研发、生产和销售及印制电路板的表面贴装(SMT)，公司产品包括刚性电路 板、柔性电路板、刚柔结合板、高密度互联电路板和PCBA，应用领域较为广泛，具体情况详见公司披 露的定期报告。公司生产的PCB产品可用于人形机器人，其中应用于人形机器人的相关产品占公司营业 收入比重很小，占公司营业收入比重低于0.05%，不会对公司当期业绩产生重大影响，后续公司PCB产 品在人形机器人应用领域的业绩增长存在较大不确定性。 ...

智通财经APP讯，骏亚科技(603386.SH)发布股价异动公告称，经公司自查，未发现对公司股票交易价 格产生重大影响的媒体报道。公司主营业务为印制电路板(PCB)的研发、生产和销售及印制电路板的表 面贴装(SMT)，公司产品包括刚性电路板、柔性电路板、刚柔结合板、高密度互联电路板和PCBA，应 用领域较为广泛，具体情况详见公司披露的定期报告。公司生产的PCB产品可用于人形机器人，但相关 产品占公司营业收入比重很小，占公司营业收入比重低于0.05%，不会对公司当期业绩产生重大影响。 ...

人民财讯11月17日电，金禄电子（301282）11月17日在互动平台表示，公司专业从事印制电路板(PCB) 的研发、生产与销售，暂未涉及半导体和芯片和先进封装领域。 ...

Core Viewpoint - The company, ChaoYing Electronics, has announced a significant investment plan to expand its production capabilities in high-end printed circuit boards (PCBs) for applications such as routers, AI servers, switches, and AI acceleration cards, with an investment of approximately 1.468 billion RMB in Thailand [1][2]. Company Summary - ChaoYing Electronics, established in 2015, specializes in the research, production, and sales of printed circuit boards (PCBs) [1]. - The company successfully went public on the Shanghai Stock Exchange on October 24, 2023, after receiving regulatory approval [1]. Investment Plan - The investment will be made by ChaoYing's wholly-owned subsidiary in Thailand, Dynamic Technology Manufacturing (Thailand) Co., Ltd., to construct an AI computing high-end PCB expansion project in the 304 Industrial Park in Prachinburi, Thailand [1][2]. - The project aims to enhance the production scale of high-end multi-layer and advanced PCBs, improve the company's ability to handle overseas orders, and quickly respond to customer demands [2]. Market Context - The global automotive industry is rapidly transitioning towards electrification, intelligence, and connectivity, leading to an expanding market for PCBs as core electronic components in vehicles [2]. - The prospect of increased PCB usage in electric vehicles is significant, as the electronic components in new energy vehicles account for a much higher proportion of overall vehicle costs compared to traditional vehicles [2]. Financial Performance - For the first three quarters of 2025, ChaoYing Electronics reported a main revenue of 3.378 billion RMB, a year-on-year increase of 10.71%, while the net profit attributable to shareholders decreased by 12.14% to 212 million RMB [3]. - The decline in net profit is attributed to the initial production phase of the Thai subsidiary, resulting in higher production costs and a decrease in gross profit margin [3]. - The company plans to focus on improving operational efficiency and implementing technological upgrades in its production processes over the next three years [3].

Core Viewpoint - The delisting of ChaoHua Technology is considered one of the most regrettable tragedies in the commercial world of Meizhou, as it occurred just before a significant boom in the PCB industry [1][2]. Company Summary - ChaoHua Technology, under the stock code "*ST ChaoHua" (002288), was delisted from the Shenzhen Stock Exchange on August 19, 2024, without entering a delisting transition period. After delisting, the stock was transferred to the National Equities Exchange and Quotations system, now trading under the code "R ChaoHua1" at a closing price of 0.15 yuan per share [1]. - The company specializes in the research, production, and sales of high-precision electronic copper foil, various types of copper-clad laminates, and printed circuit boards (PCBs) [1]. Industry Summary - Following the delisting of ChaoHua Technology, the PCB industry has experienced significant growth driven by trends in 5G construction, the explosion of the electric vehicle market, AI advancements, and domestic substitution. The PCB sector has seen stock prices increase by multiples, with some stocks rising five to six times [1]. - Current notable performers in the PCB sector include Shenghong Technology, Hudian Co., and Dingtai High-Tech, which have all shown substantial price increases [1].

Group 1 - The core viewpoint of the news is that Shiyun Circuit experienced a 5.16% increase in stock price, reaching 42.59 CNY per share, with a trading volume of 974 million CNY and a turnover rate of 3.24%, resulting in a total market capitalization of 30.69 billion CNY [1] - Shiyun Circuit Technology Co., Ltd. is located in Heshan City, Guangdong Province, and was established on May 11, 2005, with its listing date on April 26, 2017. The company specializes in the research, production, and sales of various printed circuit boards (PCBs) [1] - The main revenue composition of Shiyun Circuit includes 85.44% from hard boards, 7.43% from rigid-flex boards, and 7.13% from other sources [1] Group 2 - From the perspective of fund holdings, Hongtu Innovation Fund has a significant position in Shiyun Circuit, with its Hongtu Innovation Emerging Industry Mixed Fund (001753) holding 477,100 shares, accounting for 4.09% of the fund's net value, ranking as the tenth largest holding [2] - The Hongtu Innovation Emerging Industry Mixed Fund was established on September 23, 2015, with a latest scale of 532 million CNY. It has achieved a return of 132% year-to-date, ranking 6th out of 8149 in its category, and a return of 117.93% over the past year, ranking 15th out of 8053 [2] - The fund manager, Liao Xinghao, has been in position for 3 years and 350 days, with the fund's total asset scale at 804 million CNY. The best return during his tenure is 67.26%, while the worst return is 36.78% [2]