Group 1 - The semiconductor and chip sector experienced a significant rally, with the STAR Market chip index rising by 3.92% as of 10:14 AM on January 21, 2026, driven by strong performances from companies like Loongson Technology (up 20.00%) and Haiguang Information (up 12.46%) [1] - CITIC Securities believes that the storage chip market is currently in a price uptrend due to the explosive demand from AI and supply-side contractions, leading to a performance surge for global storage industry enterprises [1] - The construction of storage production lines and the increase in domestic production rates are expected to accelerate, creating investment opportunities in domestic semiconductor equipment and packaging/testing sectors [1] Group 2 - TSMC is projected to achieve record-high revenue in Q4 2025, with advanced process technology (7nm and below) accounting for 77% of its revenue, and 3nm process shipments reaching 28% [1] - The company anticipates a significant increase in capital expenditure for 2026, estimated between $52 billion and $56 billion, aimed at enhancing its technological advantages and capacity expansion in the high-end wafer foundry sector [1] - The ongoing demand for AI computing power is expected to strongly drive the semiconductor manufacturing sector [1] Group 3 - As of December 31, 2025, the top ten weighted stocks in the STAR Market chip index accounted for 57.76% of the index, including companies like SMIC, Haiguang Information, and Cambrian [2] - The STAR Chip ETF (588200) serves as a convenient tool for investors looking to gain exposure to the STAR Market chip sector [2] Group 4 - Investors without stock accounts can explore investment opportunities in domestic chips through the STAR Chip ETF linked fund (017470) [3]

拓荆科技1月20日大宗交易平台出现一笔成交，成交量42.31万股，成交金额1.55亿元，大宗交易成交价 为366.71元，相对今日收盘价折价0.89%。该笔交易的买方营业部为机构专用，卖方营业部为华泰证券 股份有限公司北京分公司。 进一步统计，近3个月内该股累计发生20笔大宗交易，合计成交金额为22.84亿元。 证券时报·数据宝统计显示，拓荆科技今日收盘价为370.00元，下跌1.33%，日换手率为1.84%，成交额 为19.15亿元，全天主力资金净流出5551.04万元，近5日该股累计上涨8.09%，近5日资金合计净流入3.57 亿元。 两融数据显示，该股最新融资余额为13.18亿元，近5日增加5255.06万元，增幅为4.15%。（数据宝） 1月20日拓荆科技大宗交易一览 | 成交量（万 | 成交金额（万 | 成交价格 | 相对当日收盘折溢价 | 买方营 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | 股） | 元） | （元） | （%） | 业部 | | | 42.31 | 15515.50 | 366.71 | -0.89 | 机构专 | 华泰证券 ...

拓荆科技股份有限公司 2026 年第一次临时股东会会议资料 证券代码：688072 证券简称：拓荆科技 拓荆科技股份有限公司 2026 年第一次临时股东会会议资料 2026 年 1 月 拓荆科技股份有限公司 2026 年第一次临时股东会会议资料 目 录 | 拓荆科技股份有限公司 2026 | 年第一次临时股东会会议须知 | 1 | | --- | --- | --- | | 拓荆科技股份有限公司 2026 | 年第一次临时股东会会议议程 | 3 | | 拓荆科技股份有限公司 2026 | 年第一次临时股东会会议议案 | 5 | | 议案一：关于补选公司第二届董事会非独立董事并相应调整董事会专门 | | | | | | 拓荆科技股份有限公司 2026 年第一次临时股东会会议资料 拓荆科技股份有限公司 2026 年第一次临时股东会会议须知 为维护全体股东的合法权利，确保股东会的正常秩序和议事效率，保证股东 会的顺利进行，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司股东会规则》以及《拓荆科技股份有限公司章程》《拓荆科技股份有限公 司股东会议事规则》等相关规定，拓荆科技股份有限公司（以下简称"公司 ...

1月20日，拓荆科技大宗交易成交42.31万股，成交额1.55亿元，占当日总成交额的7.5%，成交价366.71 元，较市场收盘价370元折价0.89%。 ...

Group 1 - The semiconductor equipment ETF (159327) has seen a 0.22% increase, with a trading volume exceeding 17 million, indicating active market participation [1] - The top ten weighted stocks within the ETF show mixed performance, with notable movements including a 1.21% drop in Zhongwei Company and a 2.22% decline in Chip Source Micro [1] - The ETF has experienced net inflows for ten consecutive days, accumulating over 390 million, and its latest fund size has reached 1.125 billion, surpassing the 1 billion threshold [1] Group 2 - China's GDP has reached a new milestone of 140 trillion yuan, with a year-on-year growth of 5% [4] - By 2025, the added value of the digital product manufacturing industry is expected to grow by 9.3%, while the information transmission, software, and IT services sector is projected to grow by 11.1% [4] - The rapid development of "AI+" has led to significant production increases in storage chips and servers, with growth rates of 22.8% and 12.6% respectively [4] Group 3 - The demand for memory bandwidth and capacity driven by AI training and inference is propelling the storage industry into a new growth cycle, with both volume and price increasing [5] - The semiconductor equipment ETF focuses on critical segments such as lithography, etching, thin film deposition, cleaning equipment, and silicon wafers, covering leading companies like North Huachuang and Zhongwei Company [5] - The capital expenditure cycle in the equipment sector is expected to continue until 2030, providing long-term investment value amid the expansion of AI servers, smart terminals, and storage chips [5] Group 4 - Investors can also access the semiconductor industry through linked funds (Class A 023828, Class C 023829) to benefit from the rising industry prosperity and the dividends of domestic chip production [6]

Group 1 - SMIC (688981) is the largest and most advanced wafer foundry in mainland China, mastering 14nm FinFET technology and maintaining the highest capacity in 28nm mature process domestically, providing foundry services for storage chips [1][40] - The company has received multiple rounds of funding from the National Integrated Circuit Industry Investment Fund, playing a key role in breaking overseas dependence in the domestic storage chip manufacturing sector [1][41] - SMIC also participates in setting multiple industry standards in the domestic semiconductor manufacturing field, consolidating its core voice in the industry chain [1][41] Group 2 - North Huachuang (002371) is a leading semiconductor equipment company in Beijing, providing a full range of equipment for storage chip manufacturing, including etching machines and cleaning machines [2][40] - The company has successfully entered the supply chains of domestic storage manufacturers like Yangtze Memory Technologies and Changxin Memory Technologies, breaking the monopoly of foreign manufacturers [2][41] - With the accelerated expansion of domestic storage chip capacity, North Huachuang's equipment orders continue to grow, and it is establishing new production bases in Tianjin and Yixing [2][41] Group 3 - Hua Hong Semiconductor (688347) focuses on specialty process wafer foundry and is a key player in the domestic storage chip sector, specializing in mature processes like 90nm and 55nm [3][40] - The company provides stable foundry services for domestic storage chip design companies and is expanding its specialty process production lines with support from the National Integrated Circuit Industry Investment Fund [3][41] - Hua Hong has also achieved IATF16949 certification for automotive-grade storage chip processes, enhancing its capabilities in the automotive sector [3][41] Group 4 - Zhongwei (688012) is a global leader in semiconductor etching equipment, with its 5nm etching equipment already in commercial application [4][40] - The company has entered the supply chains of major domestic storage manufacturers and has also penetrated the supply chains of international giants like TSMC and Micron [4][41] - Zhongwei's R&D team comprises over 70% of its workforce, and it holds more than a thousand patents, continuously increasing its market share in the etching equipment sector [4][41] Group 5 - Zhaoyi Innovation (603986) is a leading domestic NOR Flash company, ranking among the top three globally, and is one of the few domestic companies involved in DRAM chip design [5][40] - The company has achieved mass production of 19nm DRAM chips, filling a technology gap in the domestic market, and has established deep cooperation with Changxin Memory Technologies [5][41] - Zhaoyi Innovation has received support from the National Integrated Circuit Industry Investment Fund, focusing its R&D investments on high-end storage chips [5][41] Group 6 - Shengyi Technology (600183) is a leading domestic copper-clad laminate manufacturer, playing a crucial role in the localization of basic materials for the storage chip industry [6][40] - The company has entered the supply chains of major domestic storage packaging companies and provides raw materials to international giants like Samsung and SK Hynix [6][41] - Shengyi is expanding its production capacity in Shaanxi and Jiangsu, with its performance steadily growing alongside the increasing demand for domestic storage chips [6][41] Group 7 - Lanke Technology (688008) is a global leader in memory interface chips, with a market share exceeding 40% for DDR4/DDR5 memory interface chips [7][40] - The company has developed solutions for DDR5 memory interfaces in collaboration with Changxin Memory Technologies, promoting the commercialization of domestic storage modules [7][41] - Lanke's R&D investments focus on cutting-edge fields, extending its product layout into storage control chips [7][41] Group 8 - Shennan Circuits (002916) is a leading domestic printed circuit board manufacturer, focusing on high-end PCB and packaging substrate manufacturing [8][40] - The company has developed storage packaging substrates that meet high reliability and density requirements, entering the supply chains of major domestic storage manufacturers [8][41] - Shennan is also expanding its high-end packaging substrate production lines in Wuxi to further meet the needs of the storage industry [8][41] Group 9 - Jiangbolong (301308) is a leading domestic storage module company, focusing on promoting the application of domestic storage chips in various fields [9][40] - The company has established deep cooperation with domestic storage chip manufacturers and has launched products equipped with domestic storage chips [9][41] - Jiangbolong has acquired the global storage brand Lexar to leverage its overseas channels, increasing its international market presence [9][41] Group 10 - Xian Yicai-U (688783) is a key player in the domestic silicon wafer sector, focusing on the production of 12-inch polished wafers and epitaxial wafers [10][40] - The company has achieved mass production of 12-inch wafers, breaking the monopoly of foreign manufacturers [10][41] - Xian Yicai has received multiple rounds of investment from the National Integrated Circuit Industry Investment Fund, continuously releasing production capacity [10][41] Group 11 - Tuo Jing Technology (688072) is a leading domestic thin film deposition equipment manufacturer, with a market share exceeding 60% for PECVD equipment in domestic storage chip manufacturing [11][40] - The company has entered the supply chains of major domestic storage manufacturers and has also supplied equipment to overseas storage companies [11][41] - Tuo Jing's R&D investment exceeds 30%, continuously launching new equipment suitable for advanced 3D NAND processes [11][41] Group 12 - Shengmei Shanghai (688082) is a leading domestic semiconductor cleaning equipment manufacturer, developing advanced cleaning technologies for storage chip manufacturing [12][40] - The company has entered the supply chains of major domestic storage manufacturers and has also penetrated the supply chains of international giants [12][41] - Shengmei is building a new production base in Shanghai to further meet the equipment needs of storage chip manufacturers [12][41] Group 13 - Huarun Micro (688396) is a leading domestic power semiconductor company, providing packaging and testing services for storage chips [13][40] - The company has expanded its production lines for power semiconductors and storage packaging in Chongqing, enhancing its capabilities in the storage sector [13][41] - Huarun Micro's industrial-grade storage chips have achieved AEC-Q100 certification, enabling them to enter the automotive electronics market [13][41] Group 14 - Changchuan Technology (300604) is a leading domestic semiconductor testing equipment manufacturer, focusing on testing equipment for storage chips [14][40] - The company has entered the supply chains of major domestic storage manufacturers and has received investment from the National Integrated Circuit Industry Investment Fund [14][41] - Changchuan has acquired Singapore's STI company to enhance its competitiveness in the storage testing field [14][41] Group 15 - Changdian Technology (600584) is a global leader in semiconductor packaging and testing, providing high-end packaging services for domestic storage chip design companies [15][40] - The company has established R&D centers in Singapore and South Korea, taking on packaging orders from international giants [15][41] - Changdian has received support from the National Integrated Circuit Industry Investment Fund, continuously expanding its advanced packaging capacity [15][41]

1月19日，拓荆科技大宗交易成交42.2万股，成交额1.57亿元，占当日总成交额的5.85%，成交价371.67元，较市场收盘价375元折价0.89%。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | | 2026-01-19 | 拓荆科技 | 688072 | 371.67 | 15684.47 | 国泰海通证券股份 2 | 华泰证券股份有限 | ...

Core Insights - A total of 13 stocks on the STAR Market experienced block trading today, with a cumulative transaction amount of 734 million yuan [1] - The stock with the highest transaction amount was Zhongwei Company, with 6 block trades totaling 91.74 million shares and a transaction amount of 313 million yuan [1] - All stocks involved in block trading today were sold at a discount compared to their closing prices, with Tianyue Advanced showing the highest discount rate of 29.65% [1] Trading Overview - On January 16, there were 27 block trades involving 12.97 million shares, amounting to 734 million yuan [1] - The stocks with the highest block trading amounts after Zhongwei Company were Hushi Industry and Tuojing Technology, with transaction amounts of 226 million yuan and 108 million yuan respectively [1] - The average increase for stocks involved in block trading was 6.44%, with Tianyue Advanced and Yongxi Electronics both increasing by 20% [1] Institutional Participation - There were 16 transactions involving institutional buyers or sellers across 7 stocks, with Zhongwei Company, Hushi Industry, and Tuojing Technology leading in institutional buying amounts of 313 million yuan, 226 million yuan, and 108 million yuan respectively [1] Fund Flow - Among the stocks that experienced block trading, 11 saw net inflows of main funds, with Tuojing Technology, Yongxi Electronics, and Hushi Industry receiving net inflows of 301 million yuan, 164 million yuan, and 121 million yuan respectively [2] - Stocks with the highest net outflows included Fuchuang Precision and Zhongwei Company, with net outflows of 142 million yuan and 48.37 million yuan respectively [2] Detailed Trading Data - The block trading data for specific stocks includes: - Zhongwei Company: 6 trades, 917,400 shares, average price 341.33 yuan, discount rate -9.49%, total amount 313.14 million yuan [3] - Hushi Industry: 1 trade, 991,510 shares, average price 22.79 yuan, discount rate -1.47%, total amount 225.96 million yuan [3] - Tuojing Technology: 1 trade, 282,500 shares, average price 382.69 yuan, discount rate -0.77%, total amount 108.11 million yuan [3]

Group 1 - The core viewpoint of the article highlights that拓荆科技 experienced a stock price increase of 3.67%, closing at 385.68 yuan, with a significant block trade occurring [1] - The block trade involved a total volume of 282,500 shares and a transaction amount of 108 million yuan, with the first transaction price at 382.64 yuan and a premium rate of -0.79% [1] - Over the past three months, the stock has seen a total of 18 block trades, accumulating a transaction amount of 1.972 billion yuan [1] Group 2 - In the last five trading days, the stock has risen by 7.26%, with a net inflow of main funds totaling 36.6986 million yuan [1]

Group 1 - The semiconductor ETF Southern (159325) has risen by 2.15%, marking a three-day consecutive increase, with a turnover of 12.24% and a transaction volume of 34.83 million yuan, indicating active market trading [1] - Key stocks in the index, such as Changdian Technology, peaked with a 10.00% increase, while Fengfan Technology and Zhenlei Technology rose by 9.59% and 8.05% respectively, with Changdian Technology hitting the daily limit [1] - A joint international research team has made significant progress in new semiconductor materials, achieving controllable construction of "mosaic" heterojunctions in two-dimensional ionic soft lattice materials, paving the way for future high-performance light-emitting and integrated devices [1] Group 2 - According to UBS statistics, the global semiconductor market is projected to reach $1 trillion by 2026, with a year-on-year growth exceeding 40%, and $1.18 trillion by 2027, maintaining a growth rate of 13% [1] - Even excluding memory chips, the industry is expected to sustain double-digit growth, driven by saturated investments in AI infrastructure, with the storage market anticipated to see nearly 90% growth by 2026 due to the rigid demand for high-end DRAM from HBM and AI servers [1] - Huaxin Securities reports that TSMC's revenue for Q4 2025 is expected to grow by approximately 20% year-on-year, reaching 1.05 trillion New Taiwan dollars, exceeding market expectations, reflecting strong demand for AI chips and advanced processes [2] - TSMC's performance indicates that capital expenditures in the global AI sector will remain high in 2026, benefiting upstream equipment, materials, and the entire domestic semiconductor industry chain [2] - The Southern semiconductor ETF closely tracks the CSI Semiconductor Industry Select Index, which includes 50 large-cap, profitable, and high R&D investment companies, reflecting the overall performance of representative and investable stocks in the semiconductor industry [2]