Core Insights - The report highlights the steady development of China's medical device industry during the "14th Five-Year Plan" period, indicating a positive growth trajectory [6] - The report notes a new cycle of large-scale construction in the computing power industry, driven by intensified industrial policies and capital enthusiasm, with specific stocks mentioned [8] - The report discusses the focus on several listed companies, including their recent projects and financial activities, indicating potential investment opportunities [10] Industry Updates - The China Federation of Logistics and Purchasing released the "China Medical Device Supply Chain Development Report (2025)", emphasizing the ongoing growth of the medical device sector [6] - A conference on integrated data market construction was held in Shanghai, showcasing advancements in data circulation and transaction technologies [6] - The computing power industry is entering a new phase of large-scale development, with stocks like Xiechuang Data and Shenghong Technology highlighted as key players [8] Company Focus - Huazheng New Materials has achieved mass sales of aluminum-plastic film products in energy storage and small power battery sectors, and is validating products in solid-state battery applications [10] - Star Semiconductor plans to issue convertible bonds to raise up to 1.5 billion yuan for various manufacturing projects, including automotive-grade SiC MOSFET modules [10] - EVE Energy's subsidiary is set to invest up to 8.654 billion yuan in a new energy storage battery project in Malaysia [10] Market Review and Outlook - On June 30, the total trading volume in the two markets was 1,486.9 billion yuan, with 3,874 stocks rising and 1,042 falling, indicating a slight contraction in trading volume compared to the previous day [12] - The three major indices opened slightly higher and showed a small upward trend, with small-cap stocks leading the gains [12] - The report notes that the strongest performing sectors included military and gaming, while banking and securities sectors experienced declines, suggesting a shift in market sentiment [13]

长江商报消息 ●长江商报记者 江楚雅 为进一步优化公司资本结构，提升市场竞争力，斯达半导拟发行可转债。 2024年11月，斯达微电子（斯达半导子公司）申报12英寸晶圆建线计划，拟利用现有厂房扩建车规级高 性能快恢复二极管芯片中试线，达产后年产能18万片。 据披露，公司在2024年为超过300万辆电动车提供了功率模块，是中国本土最大的EV功率模块供应商。 6月27日，斯达半导（603290.SH）发布公告，公司拟向不特定对象发行可转换公司债券，募集资金总 额不超过人民币15亿元（含本数），募集资金总额扣除发行费用后用于车规级SiC MOSFET模块制造等 项目及补充流动资金。 斯达半导是国内功率半导体行业龙头，2024年为超过300万辆电动车提供了功率模块，是中国本土最大 的EV功率模块供应商。 公司在新能源汽车领域保持快速增长。2024年，斯达半导在新能源行业的收入为20.09亿元，占公司总 营收的59.25%，其中，新能源汽车领域保持26.72%的增长。 募资扩产提速 斯达半导成立于2005年4月，是国内功率半导体行业龙头，IGBT模块市场份额位居全球第五、中国第 一。公司主要从事以IGBT为主的功率半导体 ...

星标 ★ IPO日报 精彩文章第一时间推送 在全球汽车电动化浪潮和"双碳"战略的双重驱动下，功率半导体市场空间广阔。 近期，国内功率半导体领域的领军企业斯达半导体股份有限公司（603290.SH，下称"斯达半导"）发布公告称，拟向不特定对象发行总额不超过 15亿元的可转换公司债券。 根据发行预案，本次可转债募集资金将主要用于四个方向，其中三大产业化项目聚焦新能源汽车核心器件。 其中，车规级SiC MOSFET模块制造项目占据最大比重，拟投入6亿元募集资金。 碳化硅（SiC）器件因其高电压、高频率和高效率特性，已成为新能源汽车主驱系统控制模块中的关键核心器件。该项目将通过产线建设和工艺优 化，扩大公司SiC模块产能，提升产品良率和车规认证能力。 IPM（智能功率模块）模块制造项目瞄准新能源汽车空调、电动压缩机等高频中压场景。IPM集成了IGBT/MOSFET功率芯片与驱动电路，是变频技 术的核心元件。随着"双碳"战略推进，变频白色家电市场持续扩张，2024年国内IPM模块需求已达4.4亿颗，同比增长20.8%。 车规级GaN模块产业化项目则着眼于下一代半导体技术布局。氮化镓（GaN）器件具备更高开关频率、更低损 ...

Group 1 - Structural opportunities will be a key topic throughout the mid-year reporting season, while index-based opportunities may need to wait until the end of Q3 or Q4 [1][18] - The A-share market is expected to show a trend of oscillating upwards, with three main lines of investment opportunities: high safety margin assets, technology as a long-term mainstay, and consumer sectors boosted by policy [18] - The third quarter will see a restart of IPOs for technology companies, with a focus on AI and military sectors for structural opportunities [18] Group 2 - The U.S. stock market saw all three major indices rise, with the Dow Jones up 1% and the S&P 500 and Nasdaq both reaching historical highs [3] - Consumer confidence has significantly improved, with the University of Michigan's consumer confidence index rising to 60.7, the highest level in four months [4] - The People's Bank of China is implementing a moderately loose monetary policy to stabilize economic growth and maintain reasonable price levels, while also addressing challenges such as insufficient domestic demand [7]

斯达半导体股份有限公司 向不特定对象发行可转换公司债券募集资金使用可行性分析报告 证券代码：603290 证券简称：斯达半导 斯达半导体股份有限公司 向不特定对象发行可转换公司债券 募集资金使用可行性分析报告 二〇二五年六月 斯达半导体股份有限公司 向不特定对象发行可转换公司债券募 集资金使用可行性分析报告 目 录 斯达半导体股份有限公司 向不特定对象发行可转换公司债券募集资金使 用可行性分析报告 一、本次向不特定对象发行可转换公司债券对公司经营管理的影响 ....... 12 二、本次向不特定对象发行可转换公司债券对公司财务状况的影响 ....... 12 斯达半导体股份有限公司 向不特定对象发行可转换公司债券募集资金使用可行性分析报告 释义 除非另有说明，以下简称在本报告中之含义如下： 斯达半导、公司、发行人、 指 斯达半导体股份有限公司 上市公司 斯达微电子 指 公司全资子公司嘉兴斯达微电子有限公司 发行、本次发行、本次向不 斯达半导体股份有限公司本次向不特定对象发行可转 指 特定对象发行可转债 换公司债券的行为 斯达半导体股份有限公司向不特定对象发行可转换公 本报告 指 司债券募集资金使用可行性分析报 ...

Core Viewpoint - The company plans to issue convertible bonds totaling no more than 1.5 billion yuan to unspecified investors, which will be convertible into the company's A-shares and listed on the Shanghai Stock Exchange [1] Fundraising Purpose - The raised funds will be used for the manufacturing projects of automotive-grade SiC MOSFET modules, IPM modules, and the industrialization of automotive-grade GaN modules, as well as to supplement working capital [1] Approval and Regulatory Process - The final issuance plan will be determined based on market conditions and the company's specific situation, requiring approval from the shareholders' meeting and registration with the Shanghai Stock Exchange and the China Securities Regulatory Commission [1]