京管泰富科技驱动混合A（022028）成立日期2024年12月27日，最新规模5747.73万。今年以来收益 42.65%，同类排名1563/8244；成立以来收益42.65%。 京管泰富科技驱动混合A（022028）基金经理为肖强。 截至发稿，肖强累计任职时间22年336天，现任基金资产总规模81.48亿元，任职期间最佳基金回报 42.65%， 任职期间最差基金回报-1.69%。 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 9月29日，世运电路涨5.17%，截至发稿，报45.75元/股，成交7.82亿元，换手率2.41%，总市值329.65亿 元。 资料显示，广东世运电路科技股份有限公司位于广东省鹤山市共和镇世运路8号，成立日期2005年5月11 日，上市日期2017年4月26日，公司主营业务涉及各类印制电路板(PCB)的研发、生产与销售。主营业 务收入构成为：硬板85.44%，软硬结合板7.43%，其他7.13%。 从基金十大重仓股角度 数据显 ...

Group 1 - The core viewpoint of the news is that Mingyang Circuit experienced a decline in stock price and trading activity, with a notable net outflow of funds [1] - As of September 19, Mingyang Circuit's stock price was 17.57 yuan per share, with a total market capitalization of 6.289 billion yuan [1] - The company has seen a year-to-date stock price increase of 17.06%, but a recent decline of 4.30% over the last five trading days [1] Group 2 - As of June 30, the number of shareholders for Mingyang Circuit increased by 1.35% to 27,900, while the average circulating shares per person decreased by 1.33% to 12,191 shares [2] - For the first half of 2025, Mingyang Circuit reported a revenue of 882 million yuan, representing a year-on-year growth of 13.11%, and a net profit attributable to shareholders of 41.5075 million yuan, up 32.60% year-on-year [2] - Since its A-share listing, Mingyang Circuit has distributed a total of 535 million yuan in dividends, with 209 million yuan distributed over the past three years [2]

融券方面，金禄电子9月1日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年70%分位水平，处于较高位。 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%。 截至6月30日，金禄电子股东户数1.64万，较上期增加9.00%；人均流通股4392股，较上期减少8.26%。 2025年1月-6月，金禄电子实现营业收入9.34亿元，同比增长24.19%；归母净利润5235.97万元，同比增 长32.19%。 9月1日，金禄电子涨1.58%，成交额2.30亿元。两融数据显示，当日金禄电子获融资买入额2917.81万 元，融资偿还2158.68万元，融资净买入759.12万元。截至9月1日，金禄电子融资融券余额合计1.49亿 元。 融资方面，金禄电子当日融资买入2917.81万元。当前融资余额1.4 ...

Group 1 - The core point of the news is that Jinlu Electronics (301282) will have 7.48 million shares of restricted stock released on August 26, accounting for 4.95% of the company's total share capital [1] - After this release, the company will still have 71.52 million shares of restricted stock, which represents 47.32% of the total share capital [1] - The specific details of the shareholders involved in the release are provided, with Ye Jinsi being the primary shareholder with 7.48 million shares released [1] Group 2 - Jinlu Electronics reported a main revenue of 934 million yuan for the first half of 2025, an increase of 24.19% year-on-year [2] - The net profit attributable to the parent company for the same period was 52.36 million yuan, up 32.19% year-on-year, while the non-recurring net profit was 46.50 million yuan, showing a significant increase of 79.41% [2] - In Q2 2025, the company achieved a single-quarter revenue of 524 million yuan, a year-on-year increase of 27.37%, and a net profit of 36.82 million yuan, up 38.19% year-on-year [2] - The company's debt ratio stands at 43.96%, with investment income of 1.51 million yuan and financial expenses of -969,200 yuan, while the gross profit margin is 15.66% [2] - Jinlu Electronics specializes in the research, development, production, and sales of printed circuit boards (PCBs) [2]

Market Overview - The market experienced a strong upward trend, with the ChiNext Index and the STAR Market Index reaching three-year highs. The total trading volume in the Shanghai and Shenzhen markets was 1.51 trillion yuan, a decrease of 569 billion yuan from the previous trading day [1] - The overall market saw over 3,200 stocks decline, while the focus was on computing power and chip sectors, with significant gains in related stocks [1][4] Sector Performance - The computing power sector saw a broad rally, with stocks like CloudWalk Technology and others hitting the daily limit. Chip stocks also surged, with Cambricon Technologies reaching a historical high [1][4] - AI hardware stocks, including CPO, rebounded, with companies like NewEase Technology achieving new historical highs [1][4] Individual Stock Highlights - A total of 43 stocks hit the daily limit, with a limit-up rate of 75%. Notable performers included Garden Holdings with five consecutive limit-ups and Yuyin Technology with four consecutive limit-ups [1] - Key stocks in the computing power sector that saw significant gains included Shunwang Technology, Kede Education, and CloudWalk Technology, all reaching the daily limit [1][4] PCB and AI Hardware - The PCB sector is expected to see explosive demand due to the rapid development of AI computing infrastructure, with a projected investment of 41.9 billion yuan from leading PCB companies by 2025-2026 [13][21] - Companies like South Asia New Materials and Shengyi Technology also saw gains exceeding 10% in the AI hardware sector [1][4] Chip Industry Insights - The chip industry is experiencing a surge, with companies like Semiconductor Manufacturing International Corporation and Huafu Measurement Control showing strong performance, with gains of nearly 9% [1][4][24] - The rise of AI applications is driving the need for high-end chips, which is expected to accelerate technological upgrades among domestic chip manufacturers [24]

Core Viewpoint - The demand for printed circuit boards (PCBs) is surging due to the accelerated construction of AI computing power infrastructure, with significant growth expected in high-layer boards, high-density interconnect (HDI) boards, and IC substrates. Domestic manufacturers are actively expanding high-end capacity, and it is anticipated that domestic PCB equipment manufacturers will seize the AI PCB boom, validating emerging technologies and capturing incremental demand, leading to an increase in domestic market share and value enhancement [1]. Supply and Demand Trends - Structural demand for high-layer boards, HDI boards, and IC substrates is robust due to AI servers. The overall demand for AI PCBs is outpacing supply, with a projected compound annual growth rate (CAGR) of 11.6% for global market server/storage PCBs from 2024 to 2029, driven by AI demand. The planned output value for high-layer boards, HDI boards, and IC substrates is growing rapidly, with an estimated investment of 41.9 billion yuan from leading domestic AI PCB companies by 2025-2026 [1][2]. AI PCB Upgrades - The usage and specifications of PCBs are evolving due to AI servers. For instance, the configuration of Nvidia's NVL36 includes 36 GPUs, 18 CPUs, and 9 NVSwitches, with even higher usage in the NV72 model. The demand for high-layer and HDI PCBs is increasing, leading to higher requirements for wiring, copper plating, and blind/buried holes [2]. Beneficiaries in AI PCB Equipment - The increase in layers and precision in PCBs is benefiting exposure, drilling, electroplating, and inspection equipment. According to Prismark, the global market value shares for these equipment types are 17%, 21%, 7%, and 15%, respectively. The demand for more precise wiring is raising requirements for LDI equipment, while higher layer counts and complex HDI structures are increasing the need for micro-drilling and laser drilling technologies. The uniformity requirements for micro-hole filling are also rising, with expectations for VCP penetration rates to improve from 55% [3][4].

Core Viewpoint - Akitamicro (300939.SZ) primarily engages in the research, design, production, and sales of liquid crystal display and touch control products, and has not yet ventured into the printed circuit board (PCB) product sector [1] Company Summary - Akitamicro focuses on liquid crystal display and touch control products [1] - The company has not entered the printed circuit board (PCB) market [1]

Key Points - The article highlights that five stocks have sealed orders exceeding 100 million yuan, with Zhongjing Electronics leading at 392 million yuan [2][3] - Zhongjing Electronics has seen a surge in its stock price to 9.91 yuan per share, attributed to the recent price increase in storage chips following the exit of three major manufacturers from DDR4 [2][3] - The company reported a revenue of 743 million yuan in the first quarter, marking a year-on-year growth of 12.19%, and achieved a net profit of 6.76 million yuan, reversing its previous losses [2] Stock Performance - Zhongjing Electronics: Closed at 9.91 yuan, with a trading volume of 395,300 hands and a sealed order amount of 392 million yuan, achieving two consecutive涨停 [3] - Jun Oil Co.: Closed at 10.05 yuan, with a trading volume of 124,700 hands and a sealed order amount of 125 million yuan, achieving five consecutive涨停 [3] - ST Bailin: Closed at 4.39 yuan, with a trading volume of 271,800 hands and a sealed order amount of 119 million yuan, achieving one consecutive涨停 [3] - Shouhua Gas: Closed at 13.38 yuan, with a trading volume of 83,600 hands and a sealed order amount of 112 million yuan, achieving one consecutive涨停 [3] - Xingye Co.: Closed at 12.49 yuan, with a trading volume of 85,300 hands and a sealed order amount of 106 million yuan, achieving one consecutive涨停 [3] Industry Insights - The oil and gas service sector has seen multiple stocks hitting涨停, including Shouhua Gas and Jun Oil Co., driven by the rich natural gas reserves in the Shilou West Block [3][4] - The film and television industry is represented by stocks like Ciweng Media, which is transitioning from pure content production to a diversified platform operation model [5] - The solid-state battery sector is gaining traction, with companies like Nord Co. focusing on high-value products such as ultra-thin lithium battery copper foil [6][7]

Group 1: Research Basic Information - The research object is Willgoo, belonging to the electronic components industry, with a reception time of May 21, 2025, and the listed company's reception personnel are General Manager Chen Xing and Secretary to the Board Jia Xiaoyan [17] Group 2: Detailed Research Institutions - The reception object is online investor questions, with the type being other and no relevant institutional personnel specified [19] Group 3: Proportion of Research Institutions - Other institutions account for 100% [24] Group 4: Main Content Data - The Thai factory's operations are progressing as planned, mainly focusing on AI power supplies and automotive electronics products. In the AI power supply product field, a breakthrough has been made in the 30L product technology barrier, achieving small - batch terminal shipments, and mass - production of high - end DC - DC power modules is supported [26] - The company is not currently providing products to Huawei Ascend, and product applications are determined by customer needs [26] - In the server power supply field, the company continues to deepen its presence, and relevant business orders are growing well, with the overall development trend matching the industry's prosperity and the company's strategic plan. To meet order demand, Thailand is continuously adding equipment to release production capacity, and the second - phase plant in Jiangxi started construction in April [26][27] - The company currently has no plan to repurchase shares but will comprehensively consider future repurchase needs based on market conditions, financial status, and strategic plans. Information on 2025 orders and accounting treatment should be based on the company's disclosed periodic reports [27][28] - The company has not been directly affected by NVIDIA's decision to stop supplying some products to the Chinese mainland, as its business mainly focuses on the R & D, production, and sales of printed circuit boards (PCBs) [27] - Information on the company's 2025 operating conditions should be based on the company's disclosed periodic reports [26][27] - The company currently has no plan for mergers and acquisitions and is more focused on optimizing existing business and expanding the market [29]