来源：新浪证券-红岸工作室 点击查看公告原文>> 近日，[公司名称暂未提及]迎来了一场备受关注的特定对象调研活动，中金公司、杭银理财、瀚鑫私募 等3家机构参与其中。以下为本次调研的详细情况。 调研基础信息 调研精彩要点 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 投资者活动关系类别：特定对象调研 时间：2025年9月8日（周一）上午10:30 - 11:30 地点：深圳市前海深港合作区南山街道听海大道5059号鸿荣源前海金融中心二期B座2301 参与单位名称：中金公司、杭银理财、瀚鑫私募 上市公司接待人员姓名：投资者关系经理黄琦、投资者关系资深主管苏阳春 1. 企业级增长预期与优势：公司凭借自有核心知识产权与技术能力，企业级存储产品获多行业头 ...

Group 1: Company Highlights - Juguang Technology focuses on semiconductor laser components and has developed optical fiber amplifiers with a gain value increase from 20-25dB to 40-50dB [1] - Ningbo Jingda's performance slightly declined in the first half of the year due to international trade factors, but orders have shown double-digit growth since Q2, with a 70% increase in export orders [1] - Kingfa Technology's modified plastics segment has seen nearly 20% sales growth over the past two years, with overseas market sales expected to grow nearly 30% in 2024 [2] - Kehua Data reported a revenue of 3.733 billion yuan in H1 2025, a 0.06% year-on-year increase, with data center business revenue growing by 16.77% [3] - Jiangbolong ranks third in China's enterprise-level ST SSD total capacity, with significant partnerships and product deployments in the market [3] - LightSpeed Technology's silicon photonic modules have reached historical peak shipment volumes, with expectations for a recovery in gross margin in the second half of the year [3] Group 2: Market Trends and Innovations - The market for microchannel heat exchangers is expanding into automotive thermal management, data centers, and hydrogen energy applications [1] - Kingfa Technology is investing in humanoid robots and AI through an industrial fund to promote lightweight material applications [2] - Kehua Data is focusing on "technological innovation" and "computing power layout," with rapid development in intelligent computing center business [3] - LightSpeed Technology anticipates continued growth in domestic demand, particularly for 400G and 800G technologies [3]

[Table_Date] 2025 年 08 月 29 日 [Table_Title] 业绩环比高增长，模组产品持续发力 证券研究报告|公司点评报告 [Table_Title2] 香农芯创(300475) [Table_Summary] 事件概述 公司发布 2025 半年报，上半年营收 171.23 亿元，同比 +119.35%；归母净利润 1.58 亿元，同比 0.95%； ► 业绩超出预期，Q2 营收净利环比高增长 受益于市场需求提升与二季度存储价格的上涨及公司产品结构 调整，25H1 公司实现营收 171.23 亿元（YoY+119.35%），实现 归母净利润 1.58 亿元（YoY+0.95%），实现扣非归母净利润 1.56 亿元（YoY-28.76%）受益于二季度存储价格走强，25Q2 毛利率 3.22%（环比提升 1.24pct），净利率 1.48%（环比提升 1.31pct）。 ► 公司"产品+分销"有望持续突破 1）分销业务方面，产品广泛应用于云计算存储（数据中心服务 器）等领域，且利基型 DRAM 受供给端停产影响，价格持续高 位，存储价格的上涨将带动公司盈利能力进一步提高。2）产品 业务方 ...

Core Viewpoint - Jiangbolong's stock price has shown a slight increase, reflecting investor interest in the semiconductor storage sector, particularly in embedded and mobile storage products [1] Company Overview - Jiangbolong is primarily engaged in the research and sales of semiconductor storage products, including embedded storage, mobile storage, solid-state drives, and memory modules [1] - The company is headquartered in Guangdong and is considered an important player in the semiconductor industry [1] Product Line and Partnerships - The product line includes various storage products, with a focus on large clients, having established a partnership with SanDisk to launch customized UFS products [1] - Jiangbolong's eSSD and RDIMM products have passed compatibility verification with multiple domestic CPU platforms [1] Financial Performance - As of August 21, 2025, Jiangbolong's stock price was 93.01 yuan, with a trading volume of 130,333 hands and a transaction amount of 1.22 billion yuan [1] - The stock opened at 91.63 yuan, reached a high of 96.65 yuan, and a low of 91.27 yuan on the same day [1] Capital Flow - On the reporting day, the net inflow of main funds into Jiangbolong was 36.37 million yuan, accounting for 0.14% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow of main funds was 137.19 million yuan, representing 0.54% of the circulating market value [1] Acquisition Opportunities - The company has indicated ongoing attention to potential acquisition opportunities, although no specific information is currently available for disclosure [1]

Core Viewpoint - The company is transitioning towards a value-driven model, focusing on large clients and adapting to fluctuations in raw material prices, which impact performance results [1] Group 1: Business Strategy - The company is developing a value model with a primary focus on large customers [1] - The company has established a partnership with SanDisk to launch customized high-quality UFS products and solutions targeting the mobile and IoT markets [1] Group 2: Product Development - The company's eSSD and RDIMM products have passed compatibility verification with multiple domestic CPU platforms, including Kunpeng and Haiguang, making them suitable for various scenarios such as internet, telecommunications, and finance [1] Group 3: Financial Performance - The company indicates that the gross margin situation for the first half of the year will be confirmed in the upcoming 2025 semi-annual report [1]