作为业内领先、具有行业变革意义的电子产业一站式基础设施服务提供商。面对数以万计的传统工厂在服务长尾 需求的客户时广泛存在成本高、交期不稳定、质量参差不齐、服务单一等问题。嘉立创改变了传统工厂服务长尾 需求的模式，凭借强大的自主研发能力，通过自建的下单网站和自有的生产仓储基地，为客户提供覆盖 EDA/CAM工业软件、印制电路板制造、电子元器件购销及电子装联等全产业链一体化服务。同时，基于自主研 发的PCB智能拼板算法和智能制造产线，嘉立创将订单出货周期从数周压缩至最快12小时，单次打样成本从数千 元降至几十元。 为满足持续增长的订单需求，嘉立创加速了产能扩张与技术升级。2025年7月，嘉立创在韶关智造基地落地了15万 平方米高多层PCB产线。该产线采用了更前沿的设备与工艺，实现了更高规格的产品制造，进一步保障了海量订 单的交期和可靠性。韶关基地的投产不仅扩大了嘉立创的生产规模，更通过智能化与绿色制造理念，体现了企业 在新质生产力打造上的长远布局。 当前，新质生产力已成为推动经济高质量发展的重要引擎。作为中国电子制造服务领域的领军企业，嘉立创科技 集团近年来持续深耕智能制造，以技术创新驱动产业升级，积极打造新质生 ...

Group 1 - The A-share market is experiencing a strong surge in computing power, with the 5G Communication ETF (515050) rising over 5% recently, reaching a historical high in the secondary market [1] - The 5G Communication ETF is heavily concentrated on key players in the industry, including Nvidia, Apple, and Huawei, with significant weightings in optical modules (31%), PCB circuit boards (15.95%), and high-speed copper connections (11.37%) [1] - China's high-end optical modules hold a global market share of 70%, benefiting from the current wave of AI computing power construction [1] Group 2 - Major cloud service providers are showing strong financial performance driven by AI, with Google reporting Q2 revenue of $96.43 billion, exceeding expectations, and a 32% year-on-year growth in cloud revenue [2] - Meta's Q2 revenue reached $47.5 billion, a 22% increase year-on-year, while Microsoft reported Q2 revenue of $76.4 billion, an 18% increase, with Azure cloud services seeing a 34% year-on-year revenue growth [2] Group 3 - The demand for AI is experiencing explosive growth, with Google's platform processing over 980 trillion tokens monthly, doubling in just two months [3] - The rise of AI products, agent-type AI, and multi-modal AI evolution are driving the increase in token consumption, indicating that AI computing power demand is still in its early explosive phase [3] Group 4 - The competition for AI infrastructure investment is intensifying, with major tech companies significantly increasing their capital expenditures, such as Meta raising its annual capital expenditure forecast to $66-72 billion, a year-on-year increase of 68%-84% [4][5] - Microsoft plans to exceed $30 billion in capital expenditure in the next quarter, while Google anticipates a capital expenditure of approximately $85 billion by 2025, a 13% increase from previous estimates [5] Group 5 - Domestic companies in optical modules and PCBs are well-positioned to benefit from the global AI infrastructure investment wave, with strong competitiveness in the AI computing power supply chain [5] - The Entrepreneurial Board AI ETF (159381) has a concentrated weighting in optical module CPO stocks, with the top three components being Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication [6]

Group 1 - The A-share computing power industry chain is active, with a focus on optical modules, servers, and PCB leaders, as evidenced by the 5G Communication ETF (515050) rising over 2% in intraday trading [1] - China Mobile announced its 1H2025 performance, indicating a strategic investment increase in AI computing power, with capital expenditure of 58.4 billion yuan for the first half of 2025 and a full-year guidance of 151.2 billion yuan [1] - The total intelligent computing scale reached 61.3 EFLOPS in 1H2025, with self-built intelligent computing capacity at 33.3 EFLOPS and over 660,000 IDC racks for external services [1] Group 2 - The 5G Communication ETF (515050) tracks the CSI 5G Communication Theme Index, with a latest scale exceeding 6 billion yuan, focusing on the Nvidia, Apple, and Huawei supply chains [2] - The optical module CPO concept stocks account for 31% of the ETF's weight, while PCB circuit board concept stocks account for 15.95% [2] - The top ten weighted stocks include companies like Zhongji Xuchuang, Xinyi Sheng, and Lixun Precision, indicating a strong presence in the AI computing hardware and 6G industry chain [2]

证券日报网讯阿石创（300706）8月4日在互动平台回答投资者提问时表示，目前，公司产品未涉及PCB 电路板领域。 ...

格隆汇8月4日丨阿石创(300706.SZ)在互动平台表示，公司产品未涉及PCB电路板领域。 ...

Market Overview - The A-share market experienced a volatile upward trend this week, driven by the banking sector and certain blue-chip stocks, with structural activity noted in AI hardware-related fields [2][3]. Weekly Review - The banking sector performed exceptionally well, with the four major banks (Agricultural, Industrial, Commercial, and Construction) reaching historical highs in stock prices. The dividend yield for bank stocks is currently around 4%, making them attractive in the current low-interest-rate environment [3]. - The rise in bank stocks and increased interest in stablecoins also positively impacted brokerage, insurance, and diversified financial sectors [3]. - The government has emphasized addressing "involution" competition, particularly in industries like new energy vehicles and photovoltaics. Recent policies aim to promote industrial upgrades and innovation, leading to a notable performance in the photovoltaic sector, with slight gains in steel, building materials, and cement stocks [3]. AI Hardware Sector - The AI hardware sector saw significant gains due to Nvidia's market capitalization reaching a historical high, alongside optimistic expectations for mid-year performance across the AI industry chain. Key products like PCB circuit boards and CPO optical modules experienced substantial price increases [4]. - However, the sector faced increased volatility due to substantial price increases since early June and uncertainties surrounding global trade tariffs [4]. Market Outlook - With core listed companies in major sectors like finance, innovative pharmaceuticals, new energy, and real estate seeing rising stock prices, the Shanghai Composite Index has surpassed the 3500-point mark and is showing an upward trend. It is anticipated that A-share listed companies' performance will gradually improve in the low-interest-rate environment, leading to a heightened preference for equity assets [5]. - There is an opportunity to strategically position in high-quality listed companies expected to report growth in mid-year results [5].