中国银河证券研报称，我们认为，国产EDA正处于"政策驱动+技术突破+需求高增"三重共振期，短期 看国产替代与并购整合，中期看全流程覆盖与AI赋能，长期看全球份额提升，建议关注产业链核心标 的长期投资价值。 ...

Core Insights - The "Hard Science and Hard Customers" initiative serves as a bridge between hard technology and active capital, facilitating the connection between the industrial chain and the innovation chain, as emphasized by the Shanghai Stock Exchange's Vice General Manager Wang Bo [1][3] - The growth of "Hard Science and Hard Customers" reflects the six-year development of the Sci-Tech Innovation Board, evolving from a testing ground for capital market services to a demonstration area for technological innovation [2][4] Summary by Sections Program Overview - "Hard Science and Hard Customers" is a high-end interview program co-created by the Shanghai Stock Exchange and China Business Journal, focusing on the development of hard technology and influential figures in the industry [2] - Since its launch in November 2023, the program has hosted 15 themed salons, covering key industries such as innovative pharmaceuticals, semiconductor equipment, and low-altitude economy [3] Industry Impact - The Sci-Tech Innovation Board has gathered 589 listed companies with a total market capitalization exceeding 9 trillion yuan, continuously injecting capital into enterprises through IPOs and refinancing [4] - The board has established a "chain-group" development pattern, with 120 companies in the integrated circuit sector covering the entire industry chain, representing over 60% of A-share companies in the same field [4] Innovation and R&D - The overall R&D investment of the board exceeded 84.1 billion yuan in the first half of 2025, which is 2.8 times the net profit, with a median R&D investment ratio of 12.61% [5] - The board boasts 240,000 R&D personnel and 130,000 invention patents, making it the highest density of R&D in the capital market [5]

下一步，中国电子将依托关键核心技术联合攻关项目，与兄弟央企进一步加强创新协同和产业合作，推 进联合青年突击队建设走深走实，以"党团链"带动"产业链""创新链"深度融合，以高质量党建团建引领 保障高质量发展。 （文章来源：证券时报网） 近年来，中国电子和中国华润积极落实中央企业科技创新大会精神，共同推进EDA联合创新，开展国 产"特色工艺+EDA"应用研究，目前各项工作取得阶段性成果。为进一步推进青年创新行动，服务主责 主业，中国电子团委和中国华润团委超越企业产权边界，基于联合创新攻关项目共同组建"特色工艺"创 新青年突击队，双方在授旗仪式上发布了创新青年突击队工作实施方案。本次活动得到中央企业团工委 指导支持，中央企业团工委有关同志到会指导并为突击队授旗。 授旗仪式后，双方团委与突击队代表召开青年创新创效论坛，围绕"我为发展新质生产力献一策"开展主 题研讨。突击队员聚焦新质生产力学习体会，结合攻关项目机制优化、产品规划、项目推广、产业赋能 等方面展开研讨，并为联合突击队运行、青年创新创效献计献策，大家纷纷表示要坚定理想信念，挺膺 科技担当，共同加速国产EDA生态布局，解决"卡脖子"技术难题，为推动国产化EDA ...