安集微电子科技（上海）股份有限公司2025 年半年度报告摘要 公司代码：688019 公司简称：安集科技 债券代码：118054 债券简称：安集转债 安集微电子科技（上海）股份有限公司 2025 年半年度报告摘要 安集微电子科技（上海）股份有限公司2025 年半年度报告摘要 第一节 重要提示 1.1 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展 规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 1.2 重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险及应对措施，敬请查阅本报告 第三节"管理层讨论与分析"之"四、风险因素"。 1.3 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 1.4 公司全体董事出席董事会会议。 1.5 本半年度报告未经审计。 1.6 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 1.7 是否存在公司治理特殊安排等重要事项 □适用 √不适用 第二节 公司基本情况 2.1 公 ...

证券代码：688019 证券简称：安集科技 公告编号：2025-049 债券代码：118054 债券简称：安集转债 安集微电子科技（上海）股份有限公司 第三届监事会第二十二次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 《2025 年半年度报告全文》。 （二）审议通过《关于2025年半年度募集资金存放与实际使用情况专项报告 的议案》 经审阅，监事会认为：公司 2025 年半年度募集资金存放与使用情况符合《上 海证券交易所科创板股票上市规则》《上市公司募集资金监管规则》《上海证券交 易所科创板上市公司自律监管指引第 1 号—规范运作》及公司《募集资金管理使 用制度》等法律法规和制度文件的规定，对募集资金进行了专户存储和专项使用， 并及时履行了相关信息披露义务，募集资金具体使用情况与公司已披露情况一致， 不存在变相改变募集资金用途和损害股东利益的情况，不存在违规使用募集资金 的情形。 一、监事会会议召开情况 安集微电子科技（上海）股份有限公司（以下简称"公司"）第三届监事会 第二十二次会议于 2025 年 8 ...

安集微电子科技（上海）股份有限公司2025 年半年度报告 公司代码：688019 公司简称：安集科技 债券代码：118054 债券简称：安集转债 安集微电子科技（上海）股份有限公司 2025 年半年度报告 1 / 211 安集微电子科技（上海）股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险及应对措施，敬请查阅本 报告第三节"管理层讨论与分析"之"四、风险因素"。 三、 公司全体董事出席董事会会议。 四、 本半年度报告未经审计。 五、 公司负责人Shumin Wang、主管会计工作负责人刘荣及会计机构负责人（会计主管人员） 刘荣声明：保证半年度报告中财务报告的真实、准确、完整。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、 是否存在公司治理特殊安排等重要事项 否 十一、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 ...

Core Insights - Anji Technology has seen a net financing inflow of 87.63 million yuan last week, ranking 154th in the market, with a total financing purchase of 476 million yuan and repayment of 389 million yuan [1] Company Overview - Anji Microelectronics Technology (Shanghai) Co., Ltd. was established in 2006 and is located in Shanghai, primarily engaged in the manufacturing of computers, communications, and other electronic devices [1] - The company has a registered capital of 1.292 billion yuan and a paid-in capital of 420.68 million yuan, with Shumin Wang as the legal representative [1] Investment and Financial Data - Over the past 5 days, the main capital inflow for Anji Technology was 172 million yuan, with a price increase of 4.67% during this period [1] - In the last 10 days, the main capital inflow reached 194 million yuan, with a price increase of 3.29% [1] Business Activities - Anji Technology has made investments in 13 companies, participated in 30 bidding projects, and holds 248 patents, along with 89 administrative licenses [1]

Investment Rating - The report rates the chemical industry as "Outperforming the Market" [1] Core Views - The report highlights the recent price movements in lithium carbonate, international oil prices, and organic silicon prices, with a focus on the implications of these changes for various sub-industries [1][7] - Key areas of focus for August include mid-year report trends, the impact of "anti-involution" on supply in related sub-industries, the importance of self-sufficiency in electronic materials companies, and stable dividend policies in energy companies [1][8] Industry Dynamics - In the week of August 11-17, 2025, among 100 tracked chemical products, 28 saw price increases, 42 saw declines, and 30 remained stable. Overall, 57% of products had a month-on-month average price increase, while 37% saw a decrease [2][7] - The average price of lithium carbonate increased by 17.48% compared to the previous week, reaching 84,000 CNY/ton, marking a cumulative increase of 41.18% since June 20 [2][7] - International oil prices fell, with WTI crude oil futures closing at 62.80 USD/barrel (down 1.69%) and Brent crude at 65.85 USD/barrel (down 1.11%) [2][7] - Organic silicon prices decreased by 8.00% to an average of 11,500 CNY/ton, attributed to weak terminal demand and the conclusion of pre-sale orders [2][7] Investment Recommendations - The report suggests focusing on mid-year report trends, the effects of "anti-involution" on supply, the significance of self-sufficiency in electronic materials, and the stability of dividend policies in energy companies [1][8] - Long-term investment themes include the sustained high prices of crude oil, the ongoing recovery of the oil service industry, and the rapid development of downstream industries, particularly in new materials [8] - Recommended stocks include China Petroleum, China National Offshore Oil Corporation, China Petrochemical Corporation, and several technology and chemical companies [8][9]

Core Viewpoint - The electronic chemicals sector experienced a significant increase of 2.94% on August 22, with Siquan New Materials leading the gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3825.76, up 1.45% [1] - The Shenzhen Component Index closed at 12166.06, up 2.07% [1] Group 2: Individual Stock Performance - Siquan New Materials (301489) closed at 193.08, with a rise of 14.52% and a trading volume of 102,700 shares, totaling a transaction value of 186.6 million [1] - Guangxin Materials (300537) closed at 28.70, increasing by 10.22% with a trading volume of 466,200 shares, amounting to 136.5 million [1] - Wanrun Co., Ltd. (002643) closed at 13.99, up 5.03% with a trading volume of 387,800 shares, totaling 537 million [1] - Shanghai Xinyang (300236) closed at 57.31, increasing by 4.96% with a trading volume of 253,200 shares, totaling 1.428 billion [1] - Zhongjuxin (688549) closed at 9.14, up 4.94% with a trading volume of 557,000 shares, totaling 503 million [1] - Nanda Optoelectronics (300346) closed at 35.88, increasing by 4.61% with a trading volume of 616,000 shares, totaling 2.181 billion [1] - Anji Technology (1088899) closed at 162.48, up 4.46% with a trading volume of 69,600 shares, totaling 1.11 billion [1] - Jingrui Electric Materials (300655) closed at 11.84, increasing by 4.13% with a trading volume of 854,800 shares, totaling 26.66 million [1] - Xingfu Electronics (688545) closed at 34.76, up 4.10% with a trading volume of 102,400 shares, totaling 353 million [1] - Dinglong Co., Ltd. (300054) closed at 32.51, increasing by 4.07% with a trading volume of 426,500 shares, totaling 1.364 billion [1] Group 3: Capital Flow - The electronic chemicals sector saw a net inflow of 714 million from main funds, while retail funds experienced a net outflow of 318 million [1] - Speculative funds had a net outflow of 396 million [1]

Company Performance - Anji Technology's stock price reached a historical high, increasing by 4.28% to 162.20 yuan, with a trading volume of 6.6905 million shares and a transaction amount of 1.066 billion yuan, resulting in a turnover rate of 3.97% [2] - The latest total market capitalization of Anji Technology in A-shares is 27.329 billion yuan, with the same amount for its circulating market capitalization [2] - The company's Q1 report shows a revenue of 545 million yuan, a year-on-year increase of 44.08%, and a net profit of 169 million yuan, a year-on-year increase of 60.66%, with basic earnings per share at 1.3100 yuan and a weighted average return on equity of 6.05% [2] Industry Overview - The electronic industry, to which Anji Technology belongs, has an overall increase of 4.62%, with 357 stocks rising and 11 stocks, including Haiguang Information and Cambrian, hitting the daily limit [2] - Conversely, 120 stocks in the industry experienced declines, with the largest drops seen in Suzhou Tianmai, Lier Technology, and Yingshi Innovation, with declines of 5.86%, 5.63%, and 4.47% respectively [2] Margin Trading Data - As of August 21, the latest margin trading balance for Anji Technology is 409 million yuan, with a financing balance of 407 million yuan, showing a decrease of 7.6996 million yuan over the past 10 days, representing a 1.86% decline [2]

Market Performance - The electronic chemicals sector rose by 1.79% on August 20, with Kaihua Materials leading the gains [1] - The Shanghai Composite Index closed at 3766.21, up 1.04%, while the Shenzhen Component Index closed at 11926.74, up 0.89% [1] Stock Performance - Key stocks in the electronic chemicals sector showed significant price increases, with Kaihua Materials up 13.90% to 36.96, and Shanghai Xinyang up 10.35% to 56.82 [1] - Other notable performers included Hongchang Electronics (+9.99%), Zhongshi Technology (+7.47%), and Xingfu Electronics (+4.01%) [1] Trading Volume and Value - Trading volumes varied, with Shanghai Xinyang recording 270,700 shares traded, resulting in a transaction value of 1.458 billion [1] - Kaihua Materials had a trading volume of 59,800 shares, with a transaction value of 207 million [1] Capital Flow - The electronic chemicals sector experienced a net outflow of 197 million from institutional investors, while retail investors saw a net inflow of 1.87 billion [2] - Notable stocks like Hongchang Electronics and Zhongshi Technology had significant institutional net outflows of 93.5 million and 93.2 million, respectively [2] Investor Behavior - Retail investors showed strong interest in several stocks, with significant net inflows into stocks like Kaihua Materials and Shanghai Xinyang [2] - The data indicates a mixed sentiment among institutional and retail investors, with institutions pulling back while retail investors increased their positions [2]

Group 1 - Shanghai Haiwang Hezong Private Fund Partnership (Limited Partnership) has undergone a business change, adding Kangxi Communication, Anji Technology, and Aojie Technology as shareholders [1] - The enterprise was established in March 2025 with a registered capital of 2.11 billion yuan [1] - The business scope includes private equity investment, investment management, and asset management activities [1]

Core Viewpoint - The semiconductor materials industry is crucial for chip manufacturing, encompassing essential materials like silicon wafers, photolithography resins, and electronic gases, which are vital for technological advancement and industry growth [2][4]. Group 1: Semiconductor Materials Overview - Semiconductor materials play a core role in chip manufacturing, ensuring complete functionality and superior performance of chips, which is significant for technological progress [4]. - The industry includes various generations of materials, from the first generation (germanium, silicon) to the third generation (gallium nitride, silicon carbide), each with unique properties and applications [6][10]. Group 2: Market Dynamics - In 2024, the global semiconductor materials market is projected to reach $628 billion, with a year-on-year growth of 19.1% [30]. - Japan holds a significant market share of 52% in the global semiconductor materials market, indicating its strong position and expertise in this field [19]. - China is focusing on increasing the domestic production rate of high-end semiconductor materials to reduce reliance on imports and ensure supply chain security [23][30]. Group 3: Domestic Developments - China's 12-inch silicon wafer domestic production rate is currently below 10%, but companies like Shanghai Silicon Industry and Lian Micro are expanding capacity to increase market share [26][59]. - The domestic market for ArF photolithography resins is even lower, at less than 5%, although companies like Nanda Optoelectronics are making progress in this area [28]. Group 4: Policy and Investment - The National Integrated Circuit Industry Investment Fund has provided 344 billion yuan to support the semiconductor materials industry, driving technological innovation and stability [29]. - The U.S. CHIPS Act allocates $52 billion to enhance domestic semiconductor manufacturing capabilities, aiming to reduce foreign dependency and promote innovation [31]. Group 5: Industry Trends - The semiconductor materials industry is expected to experience accelerated domestic substitution, with a focus on technological breakthroughs and expanding application scenarios [33]. - By 2028, the domestic production rate of third-generation semiconductor materials is anticipated to exceed 50%, indicating a significant shift towards local manufacturing [134]. Group 6: Key Players and Innovations - Major players in the semiconductor materials sector include companies like TCL Technology, North Huachuang, and Sanan Optoelectronics, which are leading in various segments [101][102]. - Innovations in materials such as silicon carbide substrates and advanced packaging technologies are driving the industry's growth and competitiveness [96][100].