转自：新华财经 装科技股份有限公司官方微信 新华财经上海11月26日电（林郑宏） 据上海芯上微装科技股份有限公司11月25日消息，该公司自主研 发的首台350nm步进光刻机（AST6200）正式完成出厂调试与验收，启程发往客户现场，标志着我国在 高端半导体光刻设备领域再次实现关键突破。 公司表示，首台AST6200的发运，只是一个开始。芯上微装将以此次交付为契机，与产业链上下游伙伴 紧密协作，加速推进国产光刻设备在更多应用场景的落地与验证。 AST6200光刻机是芯上微装基于多年光学系统设计、精密运动控制与半导体工艺理解积淀，倾力打造的 高性能、高可靠性、全自主可控的步进式光刻设备，专为功率、射频、光电子及Micro LED等先进制造 场景量身定制。 来源：上海芯上微 编辑：谈瑞 ...

Market Performance - The Shenzhen Component Index and ChiNext Index opened lower but rose throughout the day, with the ChiNext Index increasing by over 3% at one point and closing up 2.14% [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.78 trillion, a decrease of 28.8 billion from the previous trading day [1][2] - A total of 1,689 stocks rose while over 3,500 stocks fell across the market [1] Sector Performance - The consumer sector saw a significant surge towards the end of the trading day, with stocks like Haixin Food, Guangbai Co., Dongbai Group, and Sanjiang Shopping hitting the daily limit [2] - The semiconductor and electronics sectors performed well, with stocks such as Changguang Huaxin, Mingwei Electronics, and Dongxin Co. reaching their daily limit, and Zhongji Xuchuang hitting a new historical high with a market cap exceeding 600 billion [5] - The military industry sector weakened, with Jiuzhiyang dropping over 12% [6] Corporate News - Alibaba reported a 34% year-on-year increase in cloud revenue for Q2 of the 2026 fiscal year, with AI-related product revenue growing at triple-digit rates for nine consecutive quarters [5] - Shanghai Chip-on-Wafer announced the successful completion of testing for its first 350nm stepper lithography machine, marking a significant breakthrough in high-end semiconductor lithography equipment [5] - Vanke's bonds experienced significant declines, with "22 Vanke 02" dropping over 30% during trading, leading to a second trading halt [7][9] - Vanke A shares fell by 2.5%, reaching a new low, while its Hong Kong shares dropped over 6%, marking a decline below 4 HKD, the lowest since September 2024 [9]

Core Insights - The A-share semiconductor, optical chip, and optical module stocks have collectively surged, with companies like Changguang Huaxin, Mingwei Electronics, and Dongxin Co. hitting a 20% limit up, indicating strong market performance driven by positive developments in the AI sector [1][3] - The domestic AI industry is experiencing significant growth, with major players increasing capital expenditures beyond expectations, contributing to a robust global AI market [1][5] - Shanghai Chip-on-Wafer Technology Co., Ltd. announced a major breakthrough with the successful development and delivery of its first 350nm stepper lithography machine, marking a significant advancement in high-end semiconductor lithography equipment in China [1][8] Semiconductor and AI Market Trends - The demand for AI computing power is driving upgrades in optical modules and switches, with a projected increase in the market share of silicon photonics technology from 27% in 2023 to 59% by 2030 [6] - The Chinese AIGC-related 200G/400G equipment revenue is expected to grow by 132% year-on-year in 2024, with port shipment volumes increasing by 166.5% [6] - North American internet companies' capital expenditures reached $95.8 billion in Q2 2025, reflecting a 64% year-on-year increase, indicating a sustained investment trend in AI infrastructure [6] Shanghai Chip-on-Wafer Technology Co., Ltd. Developments - The AST6200 lithography machine features high-resolution imaging capabilities, achieving 350nm resolution to meet the requirements of mainstream compound semiconductor chip lithography processes [9] - It includes a high-precision alignment system for accurate multi-layer patterning, enhancing device yield [9] - The machine is designed for high production rates and cost efficiency, supporting various substrate materials and types, and is fully controlled by proprietary software, ensuring complete domestic sovereignty [9][10]

Market Overview - On November 26, the Shenzhen Component Index and the ChiNext Index opened lower but closed higher, with the ChiNext Index rising over 3% at one point and closing up 2.14% [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.78 trillion CNY, a decrease of 28.8 billion CNY compared to the previous trading day [1] - A total of 1,689 stocks rose while over 3,500 stocks fell [1] Consumer Sector - The consumer sector saw a significant surge towards the end of the trading session, with stocks like Haixin Food, Guangbai Co., Dongbai Group, and Sanjiang Shopping hitting the daily limit [1] - Other stocks such as Huanlejia and Yike Food also experienced rapid increases [1] Semiconductor and Electronics Sector - The semiconductor and electronics sectors performed well throughout the day, with active trading in optical modules, optical communication, and optical chip stocks [2] - Notable stocks included Changguang Huaxin, Mingwei Electronics, and Dongxin Co., which all hit the daily limit with a 20% increase [2] Individual Stock Performance - Zhongji Xuchuang saw a significant increase of over 13%, reaching a historical high with a market capitalization exceeding 600 billion CNY [3] - The stock has risen nearly 500% over the past 120 trading days and has a year-to-date increase of 342% [3][4] Alibaba Financial Results - Alibaba reported a 34% year-on-year growth in cloud revenue for the second quarter of the 2026 fiscal year, with AI-related product revenue achieving triple-digit year-on-year growth for nine consecutive quarters [5] - The company’s self-developed AI inference chip series, along with continuous iterations of domestic AI chips from Huawei and Cambricon, is expected to reduce reliance on overseas computing power [5] Bond Market and Vanke - Vanke's bonds experienced a significant drop, with "22 Vanke 02" falling over 30% during trading and closing down over 17% [7] - The stock of Vanke A also fell by 2.5%, reaching a new low, while its Hong Kong stock dropped over 6% [9] - Vanke is set to receive a shareholder loan of up to 22 billion CNY from the Shenzhen Metro Group to repay public market bond principal and interest [9]

记者丨刘雪莹 编辑丨吴桂兴 11月26日，深成指、创业板指低开高走，创业板指盘中一度涨超3%，收盘涨2.14%。沪深两 市成交额1.78万亿，较上一个交易日缩量288亿。全市场1689股上涨，超3500股下跌。 | 行情 | 资金净流入 | 涨跌分布 | | --- | --- | --- | | 上证指数 | 深证成指 | 北证50 | | 3864.18 | 12907.83 | 1391.00 | | -5.84 -0.15% +130.52 +1.02% -5.84 -0.42% | | | | 科创50 | 创业板指 | 万得全A | | 1315.04 | 3044.69 | 6158.76 | | +12.87 +0.99% +63.76 +2.14% +15.13 +0.25% | | | | 沪深300 | 中证500 | 中证A500 | | 4517.63 | 6965.05 | 5422.52 | | +27.22 +0.61% +10.44 +0.15% +29.61 +0.55% | | | | 中证1000 | 深证100 | 中证红利 | | 7248.45 | 5690.56 ...

Core Viewpoint - The semiconductor, optical chip, and optical module sectors in A-shares have experienced a significant surge, driven by favorable developments in the global AI industry and breakthroughs in domestic semiconductor equipment manufacturing [2][3][5]. Group 1: Market Performance - On November 26, A-shares in the semiconductor, optical chip, and optical module sectors saw a collective rise, with companies like Changguang Huaxin, Mingwei Electronics, and Dongxin Co. hitting a 20% limit up [3]. - Other companies such as Zhongji Xuchuang and Yingjixin also recorded gains exceeding 10%, indicating a broad market rally [3]. Group 2: AI Industry Developments - Alibaba reported a 34% year-on-year growth in cloud revenue for Q2 of fiscal year 2026, with AI-related product revenue achieving triple-digit growth for nine consecutive quarters [5]. - Meta is negotiating with Google for the use of TPU chips worth billions in its data centers, while Google has launched its new AI model, Gemini3, which outperforms other models like GPT in various metrics [5]. Group 3: Infrastructure and Technology Trends - Tianfeng Securities highlighted that the demand for AI computing power is driving upgrades in optical modules and switches, with the 1.6T optical module expected to accelerate penetration in Q4 [6]. - The market for data center switches is projected to grow significantly, with a 132% year-on-year increase in revenue for AIGC-related 200G/400G equipment in China [6]. Group 4: Breakthroughs in Domestic Technology - Shanghai Chip Micro-Assembly Technology Co., Ltd. announced the successful development of its first 350nm stepper lithography machine (AST6200), marking a key breakthrough in high-end semiconductor lithography equipment [7][8]. - The AST6200 features high-resolution imaging, high-precision alignment, and a fully controllable software system, showcasing significant advancements in domestic semiconductor manufacturing capabilities [8][9].

核心性能亮点 高分辨率成像满足先进工艺需求，搭载大数值孔径投影物镜，结合多种照明模式与可变光瞳技术，实现 350nm 高分辨率，满足当前主流化合物半导体芯片的光刻工艺要求。 高精度套刻配置高精度对准系统，实现正面套刻 80nm，背面套刻 500nm，确保多层图形精准套刻，提升 器件良率。 IT之家 11 月 26 日消息，上海芯上微装科技股份有限公司（AMIES）昨日宣布：公司自主研发的首台 350nm 步进光刻机（AST6200）正式完成出厂调试 与验收，启程发往客户现场。 芯上微装表示，这标志着我国在高端半导体光刻设备领域再次实现关键突破！这不仅是一次产品的交付，更是国产半导体装备向高端化、自主化迈进的重 要里程碑。 据官方介绍，AST6200 光刻机是芯上微装基于多年光学系统设计、精密运动控制与半导体工艺理解积淀，倾力打造的高性能、高可靠性、全自主可控的 步进式光刻设备，专为功率、射频、光电子及 Micro LED 等先进制造场景量身定制。 ▲ 芯上微装首台 350nm 步进光刻机（AST6200） 高产率设计，显著降低拥有成本（COO）： 100% 软件自主可控打造全栈国产生态：AST6200 搭载芯 ...

Core Viewpoint - The semiconductor, optical chip, and optical module sectors in A-shares have experienced a significant surge, driven by favorable developments in the global AI industry and breakthroughs in domestic semiconductor equipment manufacturing [1][2][5]. Group 1: Market Performance - On November 26, A-shares in the semiconductor, optical chip, and optical module sectors saw a collective rise, with companies like Changguang Huaxin, Mingwei Electronics, and Dongxin Co. reaching a 20% limit up [2]. - Other notable performers included Zhongji Xuchuang, Yingjixin, and Saiwei Electronics, which rose over 10%, while companies like Botong Integration and Guosheng Technology achieved 10% limit up [2]. Group 2: AI Industry Developments - The global AI sector is experiencing continuous favorable catalysts, with major AI companies increasing capital expenditures beyond expectations, indicating sustained growth in the AI market [1][5]. - Alibaba reported a 34% year-on-year increase in cloud revenue for Q2 of FY2026, with AI-related product revenue achieving triple-digit growth for nine consecutive quarters [3]. Group 3: Breakthroughs in Semiconductor Equipment - Shanghai Chip Micro-Assembly Technology Co., Ltd. announced the successful development and delivery of its first 350nm stepper lithography machine (AST6200), marking a significant advancement in high-end semiconductor lithography equipment in China [5][6]. - The AST6200 lithography machine features high-resolution imaging, high-precision alignment, and a fully autonomous software control system, enhancing its adaptability and operational efficiency [7][8]. Group 4: Future Market Outlook - The AI arms race is ongoing, with significant capital expenditures from cloud service providers, particularly in North America, where the top four internet companies' capital expenditures reached $95.8 billion in Q2 2025, a 64% year-on-year increase [5]. - The demand for AI computing power is driving upgrades in optical modules and switches, with expectations for the 1.6T optical module to accelerate penetration in Q4 [4].