今日A股存储芯片板块迎来强势走强行情，成为半导体赛道的核心领涨主线，呈现"双龙头封板、全产 业链跟涨"的火爆格局。板块内情绪标杆股表现亮眼，天奥电子、恒烁股份率先封死涨停板，引爆板块 赚钱效应；香农芯创、北京君正、盈新发展、江波龙、雷科防务等企业紧随其后。从交易情况来看，资 金进场迹象显著，反映出市场对存储芯片行业周期反转与成长潜力的高度认可。 存储芯片材料与设备板块：国产存储产能扩张与技术迭代，直接拉动上游材料与设备需求。新华日报报 道显示，舜铭存储已实现上游材料、设备、代工厂的全面国产化，带动相关供应链增长。东方财富网梳 理显示，沪硅产业的300mm硅片已适配长鑫存储等头部企业，拓荆科技的PECVD设备用于存储芯片薄 膜沉积，在3D NAND领域订单充足，将同步受益于国产存储产能扩张。 AI服务器与算力设备板块：AI服务器与存储芯片需求高度协同，形成联动增长效应。硬核知识局2025 年12月分析指出，2025年全球AI服务器出货量同比增长180%，单台AI服务器存储用量是普通服务器的8 倍。 风险提示：本文提及的行业信息与企业动态仅作梳理，不构成任何投资建议；企业经营及市场波动存在 不确定性，请注意相关风 ...

注：成分股仅做展示，不作为个股推介。 今日（12.24），硬科技概念再度飙升，科创新材料ETF汇添富(589180)放量涨近3%，强势冲击三连阳！ 消息面上，深圳市近期印发《深圳市进一步加大吸引和利用外资实施办法》。其中提出，加快先进制造业国际化发展。承接落实好国家在制造业领域外资准 入限制全面清零政策，鼓励引导外商投资以先进制造业为主体的"20+8"产业集群培育和建设，在高端装备制造、新一代信息技术、新材料等关键领域进一步 延链补链强链。 成分股消息，12月22日晚，沪硅产业披露《公司发行股份及支付现金购买资产并募集配套资金之股票发行情况报告书》。公司募集配套资金顺利完成，标志 着历时近一年的70.4亿元重大资产重组项目正式收官。 CPO技术商业化进程显著提速，正重塑光网络材料体系结构。国盛证券指出，英伟达、博通等头部厂商已在2025年GTC大会及后续动作中明确推进基于硅 光CPO的网络交换平台，台积电亦推出COUPE工艺支持CPO封装。相较于传统可插拔模块，CPO通过将光引擎与交换ASIC共封装，大幅降低功耗与信号损 耗，助力更高传输速率。在此趋势下，光模块价值重心向硅光芯片与硅光引擎转移，基材正从III ...

据悉，沪硅产业已完成对上海新昇晶投半导体科技有限公司、上海新昇晶科半导体科技有限公司、上海新昇晶睿半导体科 技有限公司三家标的公司少数股权的收购，实现对300mm硅片拉晶、切磨抛与外延等核心工艺环节的100%控股，而配套融资 的顺利到位，为公司构建"300mm半导体硅片全产业链闭环"提供了关键资金保障。 本报讯 （记者张文湘 见习记者占健宇）12月22日晚，上海硅产业集团股份有限公司（以下简称"沪硅产业"）披露《上海 硅产业集团股份有限公司发行股份及支付现金购买资产并募集配套资金暨关联交易之募集配套资金向特定对象发行股票发行情 况报告书》，标志着其历时近一年的70.4亿元重大资产重组项目正式收官。此次21.05亿元配套融资顺利落地，获国家级产业基 金、公募基金等22家专业机构踊跃参与，申购倍数达1.95倍。 公告显示，本次发行股票数量为11044.07万股，发行价格确定为19.06元/股，对应簿记当日收盘价的89.32%，募集资金将 全部用于补充流动资金及支付本次交易现金对价。从认购情况看，参与主体涵盖国家级产业基金、公募基金、资产管理公司及 专业投资机构等多元类型。 沪硅产业方面表示，未来公司将继续聚焦30 ...

沪硅产业，这家国内硅片龙头企业用70亿元完成了对三家子公司少数股权的收购。同一时间，SEMI报告显示，2025年第三季度全球硅片出货量同比微增 3.1%。 上海新昇晶投、新昇晶科和新昇晶睿这三家公司，是沪硅产业"300mm硅片二期项目"的实施主体。此次收购使沪硅产业实现了对这三大核心平台的100% 控股，从而全面整合了其300mm大硅片业务。 这笔交易背后是国内半导体硅片行业在2025年掀起的一轮持续的并购重组浪潮。面对海外巨头的垄断地位，中国企业正通过内部整合与资源优化，试图在 全球半导体材料市场中开辟一条自主可控的发展路径。 整合潮，起 沪硅产业的70亿收购案在2025年9月获得上交所并购重组委审议通过，这笔交易采用发行股份及支付现金的方式进行。交易完成后，沪硅产业将直接或间 接实现对三家子公司新昇晶投、新昇晶科和新昇晶睿的100%控股，成为其"300mm硅片二期项目"的完全掌控者。 这三家公司分工明确：新昇晶科专注于300mm硅片切磨抛与外延技术，新昇晶睿主攻300mm硅片拉晶工艺，而新昇晶投则作为持股平台统筹产业链资 源。对沪硅产业而言，这次收购意味着公司能够进一步巩固其在半导体硅片领域的市场地位，强 ...

Core Viewpoint - The completion of a 7.04 billion yuan acquisition by Hu Silicon Industry marks a significant step in the consolidation of the domestic semiconductor silicon wafer industry, accelerating the expansion of high-end silicon wafer production capacity in China [1][4]. Transaction Structure - Hu Silicon Industry acquired 46.74% of Xinxing Crystal Investment, 49.12% of Xinxing Crystal Technology, and 48.78% of Xinxing Crystal Intelligence through a combination of issuing shares and cash payments, resulting in these companies becoming wholly-owned subsidiaries [2]. - The total transaction price was 7.04 billion yuan, with 6.716 billion yuan paid in shares (4.47 million new shares at 15.01 yuan per share) and 324 million yuan in cash [2]. - The target companies have reported losses, with Xinxing Crystal Technology generating 739 million yuan in revenue and a net loss of 95.22 million yuan in the first three quarters of 2024, while Xinxing Crystal Intelligence reported 196 million yuan in revenue and a net loss of 29.97 million yuan [2]. Strategic Intent - The acquisition aims to integrate resources and overcome technological bottlenecks, enhancing Hu Silicon Industry's capabilities in high-end silicon wafer manufacturing [3]. - The company seeks to create a technological closed loop by integrating the entire process from crystal pulling to cutting, grinding, polishing, and epitaxy, which is expected to shorten the R&D cycle for high-end products [3]. - The acquisition will significantly increase production capacity through the implementation of the "300mm silicon wafer phase II project" and optimize costs by unifying resource allocation [3]. Industry Impact - The acquisition of Hu Silicon Industry is part of a broader trend of mergers and acquisitions in the semiconductor sector, with over 1,000 various transactions reported in the Shanghai market since the release of the "merger six guidelines" in 2025 [4]. - This acquisition is seen as a critical step towards achieving technological self-sufficiency and may serve as a benchmark case for consolidation in the domestic semiconductor materials industry [4].

Core Insights - The company reported a revenue of 2.641 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 6.56%, but the net profit attributable to shareholders was -631 million yuan, widening from -536 million yuan in the same period last year [1] - The third quarter of 2025 saw a revenue of 944 million yuan, a year-on-year growth of 3.79%, with a net profit attributable to shareholders of -265 million yuan [1] - The decline in profit levels is attributed to a differentiated revenue structure and increased costs, with 300mm wafer sales growing over 30% but facing price pressure, while 200mm wafer sales declined [1][2] Revenue and Profit Analysis - For the first three quarters of 2025, the company achieved a revenue of 2.641 billion yuan, with a net profit of -631 million yuan, and a non-recurring net profit of -823 million yuan, indicating an increase in losses compared to the previous year [1] - In Q3 2025, the company reported a revenue of 944 million yuan, with a net profit of -265 million yuan and a non-recurring net profit of -342 million yuan [1] Product Performance - The 200mm wafer segment remains under pressure, with slow recovery in capacity utilization due to weak demand in consumer electronics and inventory destocking [2] - In contrast, the 300mm wafer segment is performing strongly, maintaining high capacity utilization and stable yields, with potential for further improvement through process optimization [2] Future Projections - The company forecasts revenues of 3.82 billion yuan, 4.31 billion yuan, and 5.20 billion yuan for 2025-2027, with net profits projected at 30 million yuan, 190 million yuan, and 320 million yuan respectively [3] - Corresponding EPS is expected to be 0.01, 0.07, and 0.12 yuan, with PE ratios of 1914.77, 249.37, and 149.73x [3]

Group 1 - The core viewpoint is that the 200mm silicon wafer business is experiencing a slow recovery in capacity utilization due to a relatively sluggish application end, while the 300mm silicon wafer segment is performing significantly better with higher capacity utilization [2] - The 300mm silicon wafer volume has increased, but pricing remains under pressure due to domestic competition [2] - The 200mm segment is primarily affected by the overall market environment [2]

Core Viewpoint - The article emphasizes the strategic importance of new materials in China's 14th Five-Year Plan, highlighting their role in industrial upgrading, technological breakthroughs, green transformation, national security, agricultural modernization, and new urbanization [2][4][21]. Group 1: Strategic Positioning of New Materials - New materials are identified as the "core support" for modern industrial systems, essential for upgrading key industries like mining, metallurgy, and chemicals [4]. - They are positioned as a key area for technological self-reliance, focusing on breakthroughs in critical technologies such as integrated circuits and advanced materials [4]. - New materials are crucial for green transformation and energy security, supporting the construction of a new energy system and resource conservation [4]. - They serve as a quality assurance for agricultural modernization, with biodegradable materials and soil restoration being key applications [4]. - New materials are seen as an upgrade vehicle for new urbanization, directly linked to the demand for prefabricated buildings and municipal infrastructure [4]. - They act as a protective barrier for national security, ensuring the safety of food, energy resources, and critical supply chains [4]. Group 2: Market and Policy Alignment - New material enterprises should align with the six strategic positions outlined in the plan, focusing on "self-controllable industrial chains, green and intelligent integration, scenario-based applications, and cross-field empowerment" [5][6]. - The article identifies four main lines of development: addressing critical material shortages, adapting to green and intelligent industry needs, expanding scenario-based applications, and leveraging policy tools to mitigate risks [6][8][9][10]. Group 3: Investment Opportunities - The article outlines six key tracks for investment, emphasizing sectors with strong policy support and market demand, such as new energy materials, biomanufacturing materials, aerospace materials, and safety materials [15][16]. - It highlights the importance of focusing on high-certainty tracks driven by both policy and market forces, with specific materials and market data provided for each sector [16]. - The article also discusses forward-looking tracks in quantum technology, brain-computer interfaces, and 6G communication materials, indicating future growth areas [17]. Group 4: Research and Development Focus - The article stresses the need for a comprehensive approach to R&D, targeting foundational research, technological breakthroughs, and the transformation of research outcomes into practical applications [11][12]. - It identifies key research directions, including extreme environment materials, new energy and communication materials, and bio-intelligent materials [12]. - The article emphasizes the importance of collaborative ecosystems involving industry, academia, and research institutions to foster innovation and talent development [14].

Group 1 - The core viewpoint of the articles highlights the recent approval of merger and acquisition projects for Hu Silicon Industry and Huahai Chengke by the China Securities Regulatory Commission, indicating a trend of industry consolidation in the Shanghai market [1][2] - Hu Silicon Industry is acquiring stakes in three companies, New Ascend Crystal Investment (46.7354%), New Ascend Crystal Technology (49.1228%), and New Ascend Crystal Intelligence (48.7805%), which will become wholly-owned subsidiaries post-transaction [1] - The acquisition aims to enhance resource integration and synergistic effects, particularly in the context of the 300mm silicon wafer project [1] - Huahai Chengke plans to acquire 70% of Hengsuo Huawai Electronics through a combination of share issuance, convertible bonds, and cash payments, with the goal of solidifying its position in the semiconductor packaging materials sector [1] - Upon completion, Huahai Chengke's annual production capacity for epoxy encapsulants is expected to exceed 25,000 tons, positioning it as a leader in China and the second-largest globally [1] Group 2 - The data indicates that the merger and acquisition activities in the Shanghai market have accelerated, with a total of 996 new projects reported since the release of the "Six Merger and Acquisition Guidelines" [2] - Among these, there are 114 major asset restructurings with a disclosed amount of 308.64 billion yuan, while 882 non-major restructuring projects account for 444.9 billion yuan [2] - Notably, 77 of the major asset restructurings involve mergers within the same industry, totaling over 228.7 billion yuan [2]

Core Insights - The article highlights the rapid advancement of mergers and acquisitions (M&A) in the Shanghai market, driven by a focus on quality improvement and industry consolidation [1] Group 1: M&A Activity Overview - Since the release of the "Six M&A Guidelines," there have been a total of 996 new M&A projects in the Shanghai market as of October 12, 2025 [1] - Among these, 114 cases constitute major asset restructurings, with a total value of 308.64 billion yuan, while 882 cases do not constitute major asset restructurings, amounting to 444.9 billion yuan [1] - There are 77 M&A projects involving companies within the same industry, with a total value exceeding 228.7 billion yuan [1] Group 2: Specific M&A Transactions - Hu Silicon Industry (688126.SH) has received regulatory approval for its acquisition of a 46.7354% stake in Xinsheng Jingtou, a 49.1228% stake in Xinsheng Jingke, and a 48.7805% stake in Xinsheng Jingrui, all through a combination of share issuance and cash payment [1] - Following the completion of this transaction, the acquired companies will become wholly-owned subsidiaries of Hu Silicon Industry, enhancing resource integration and synergy [1] - Huahai Chengke (688535.SH) plans to acquire 70% of Hengsu Huawai Electronics through a combination of share issuance, convertible bonds, and cash, while also raising supporting funds [2] - Upon completion of the restructuring, Huahai Chengke's annual production and sales volume in the semiconductor epoxy encapsulation material sector is expected to exceed 25,000 tons, solidifying its position as a domestic leader and elevating it to the second position globally in terms of shipment volume [2]