证券研究报告：电子 | 公司点评报告 股票投资评级 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 111.90 | | --- | --- | | 总股本/流通股本（亿股）0.60 | / 0.42 | | 总市值/流通市值（亿元）67 | / 47 | | 52 周内最高/最低价 | 111.90 / 55.70 | | 资产负债率(%) | 17.7% | | 市盈率 | 82.89 | | 第一大股东 | 崔学峰 | 研究所 分析师:吴文吉 SAC 登记编号:S1340523050004 Email:wuwenji@cnpsec.com 分析师:翟一梦 SAC 登记编号:S1340525040003 Email:zhaiyimeng@cnpsec.com l 投资要点 高端产品放量叠加需求复苏，业绩高速增长。2025H1 公司实现 营收 3.07 亿元，同比+67.86%；实现归母净利润 7,600.55 万元，同 比+91.56%；剔除股份支付影响后的归母净利润为 8,347.62 万元，同 比+108.10%。主要系 1）2025 年上半年，公司所在的半导体封装和测 试设备 ...

天津金海通半导体设备股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 天津金海通半导体设备股份有限公司（以下简称"公司"）于 2025 年 8 月 届董事会第十七次会议、第二届监事会第十四次会议，审议通过了《关于调整部 分募投项目内部投资结构的议案》，同意公司在不改变募集资金投向及投资总额 的前提下，调整募投项目"半导体测试设备智能制造及创新研发中心一期项目" 的内部投资结构。公司保荐机构国泰海通证券股份有限公司对该事项出具了明确 的核查意见。该事项无需提交公司股东大会审议，现将有关事宜公告如下： 证券代码：603061 证券简称：金海通 公告编号：2025-045 一、募集资金基本情况 经中国证券监督管理委员会证监许可[2023]83 号文《关于核准天津金海通半 导体设备股份有限公司首次公开发行股票的批复》核准，公司于 2023 年 2 月公 开发行人民币普通股（A 股）股票 15,000,000.00 股，每股发行价为人民币 58.58 元，募集资金总额为人民币 878,700,000.00 元，根据有关规定扣 ...

国泰海通证券股份有限公司 关于天津金海通半导体设备股份有限公司 调整部分募投项目内部投资结构的核查意见 | 序 | | | 募集资金累计 | | 单位：万元 | | | --- | --- | --- | --- | --- | --- | --- | | | 项目名称 | 拟投资总额 | | | 投入进度 | 变动情况 | | 号 | | | 投入金额 | | | | | | 半导体测试设备智能制 | | | | 拟调整内部 | | | | | | | | 投资结构 | | | | 项目 | | | | | | | 序 | | | 募集资金累计 | | | | | | 项目名称 | 拟投资总额 | | | 投入进度 | 变动情况 | | 号 | | | 投入金额 | | | | | | 年产1,000台（套）半导 | | （注1） | （注2） | 3） | | | | 件及组件项目 | | | | | | | | | | | （注4） | | | 合计 74,681.19 49,533.42 注 1："年产 1,000 台（套）半导体测试分选机机械零配件及组件项目"募集资金累计投入 金额中包含暂未支付的合 ...

Core Viewpoint - The company expects a significant increase in net profit for the first half of 2025, driven by the recovery in the semiconductor packaging and testing equipment market, as well as ongoing investments in technological innovation and product upgrades [1][2] Financial Performance - The estimated net profit attributable to the parent company is projected to be between 70 million and 84 million yuan, representing a year-on-year growth of 76.43% to 111.71% [1] - The net profit after deducting non-recurring gains and losses is expected to be between 67 million and 80 million yuan, with a year-on-year increase of 94.06% to 131.72% [1] Market Demand and Product Development - The demand for semiconductor testing has significantly increased due to the recovery of the semiconductor industry, leading to a rise in sales of the company's testing sorting machines [1] - Key products such as the three-temperature testing sorting machine and large platform multi-station testing sorting machine have shown strong competitive advantages in complex testing scenarios, contributing to the company's performance growth [1] Industry Trends - The rapid development of technologies such as 5G, artificial intelligence, and the Internet of Things is driving the increasing complexity and efficiency requirements for semiconductor testing [1] - There is a sustained growth in demand for high-end equipment with multi-temperature control and high parallel testing capabilities, which the company has successfully capitalized on through continuous R&D and product iteration [1] Market Outlook - The market response to the company's performance forecast has been positive, with institutions generally optimistic about its future growth potential [2] - The company is expected to maintain a high growth trajectory throughout 2025, supported by the ongoing recovery of the semiconductor supply chain and the acceleration of domestic substitution processes [2]