行情速递 ① 主 板 领 涨 ， 达 华 智 能 (+10.12%)/ 方 正 科 技 (+10.05%)/ 环 旭 电 子 (+10.02%)/ 格 尔 软 件 (+10.02%)/广合科技 (+10.00%)/ ②创业板领涨，科翔股份(+20.00%)/香农芯创(+20.00%)/航天智装(+19.98%)/ ③科创板领涨，普冉股份(+20.00%)/生益电子(+19.99%)/恒烁股份(+18.08%)/ ②翰博高新，发布2025年第三季度报告/2025年第三季度公司实现营业收入 8.70亿元/同比增长33.34%/归母净利润达1,766万元/同比大增153.33%/ ③可立克，发布2025年第三季度报告/2025前三季度公司实现营收41.05亿 元/同比增长24.86%/归母净利润达2.32亿元/同比增长52.51%/ ④杰创智能，发布2025年第三季度报告/2025前三季度公司营收5.99亿元/ 同比增长30.73%/归母净利润达2277万元/同比由亏转盈/ ④活跃子行业，SW通信网络设备及器件 (+7.49%)/ SW印制电路板 (+7.06%)/ 国内新闻 ① 艾邦ARAI眼镜资讯，理湃光晶完成 ...

Core Viewpoint - ASML's Q3 performance shows robust growth, driven by a strong recovery in the storage industry, despite cautious expectations for the Chinese market in 2026 [1][3][5] Financial Performance - In Q3, ASML reported net sales of €7.5 billion, a gross margin of 51.6%, and a net profit of €2.1 billion [3] - For Q4 2025, net sales are expected to be between €9.2 billion and €9.8 billion, with a gross margin between 51% and 53% [3] - The company anticipates a 15% growth in net sales for the entire year of 2025, with a gross margin of approximately 52% [3] Market Dynamics - The Chinese market is viewed cautiously, with expectations of a decline in net sales in 2026 compared to the high base levels of 2024 and 2025 [3][5] - Concerns about the Chinese market stem from inventory adjustments and potential impacts from tariff policies affecting rare earth materials [3] Order Trends - ASML's new orders in Q3 reached €5.4 billion, exceeding market expectations of €4.97 billion, primarily driven by a resurgence in the storage market [5][6] - The order structure shifted significantly, with logic-related orders dropping from 84% to 53%, while storage-related orders surged from 16% to 47% [6] Product Revenue Structure - The revenue share from ASML's ArFi products reached 52% in Q3, marking the first time it surpassed EUV revenue since Q4 2024 [6] - This shift indicates a strong demand for storage chips and highlights ASML's ability to capitalize on the current industry cycle [6] Technological Advancements - ASML is integrating AI into its lithography solutions, enhancing system performance and production efficiency [8] - The company has delivered its first TWINSCAN XT:260 lithography machine for advanced packaging, which boasts a production efficiency increase of up to 4 times compared to existing solutions [8]