华海诚科公告，第三季度营收为1亿元，同比增长18.78%；净利润为627.59万元，下降37.38%。前三季 度营收为2.79亿元，同比增长16.52%；净利润为2005.04万元，下降42.58%。 ...

Core Viewpoint - Huahai Chengke's stock price has shown significant volatility, with a year-to-date increase of 49.32%, but recent trading indicates a decline of 2.06% on October 28, 2023, suggesting potential market concerns or profit-taking [1] Group 1: Stock Performance - As of October 28, 2023, Huahai Chengke's stock price is reported at 110.72 CNY per share, with a trading volume of 2.11 billion CNY and a market capitalization of 8.935 billion CNY [1] - The stock has experienced a 5.69% increase over the last five trading days, a 3.81% increase over the last 20 days, and a 37.18% increase over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Huahai Chengke reported a revenue of 179 million CNY, reflecting a year-on-year growth of 15.30%, while the net profit attributable to shareholders decreased by 44.67% to 13.7745 million CNY [2] - Cumulative cash dividends since the company's A-share listing amount to 64.4811 million CNY [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders has increased to 9,805, representing a 5.55% rise, while the average circulating shares per person decreased by 3.40% to 5,349 shares [2] - Notably, the top ten circulating shareholders saw a change, with Debang Semiconductor Industry Mixed Initiation A (014319) exiting the list [3] Group 4: Company Overview - Huahai Chengke, established on December 17, 2010, and listed on April 4, 2023, specializes in the research, production, and sales of electronic packaging materials for semiconductor devices, special devices, integrated circuits, and rare earth permanent magnet motors [1] - The company's main revenue sources include epoxy encapsulation materials (92.80%), adhesives (6.23%), and other products (0.98%) [1] - The company operates within the semiconductor materials sector and is associated with advanced packaging, semiconductor, HBM concept, photovoltaic glass, and new materials [1]

Core Insights - On October 27, Huahai Chengke experienced 13 block trades totaling 308,400 shares, with a transaction value of 30.45 million yuan [1][2] - The average transaction price was 98.76 yuan, representing a discount of 12.64% compared to the closing price of the day [1][2] - Institutional special seats participated in 8 of the trades, with a total transaction amount of 16.04 million yuan and a net purchase of 16.04 million yuan [1][2] Trading Activity - In the last three months, Huahai Chengke has recorded 14 block trades with a cumulative transaction value of 36.37 million yuan [1] - The closing price on the day of the report was 113.05 yuan, reflecting a 3.03% increase, with a turnover rate of 9.63% and a total transaction amount of 571 million yuan [1] - Over the past five days, the stock has increased by 11.45%, while the net outflow of funds totaled 64.23 million yuan [1][2] Margin Financing - The latest margin financing balance for Huahai Chengke is 520 million yuan, with a decrease of 42.39 million yuan over the past five days, representing a decline of 7.54% [2]

Core Viewpoint - Huahai Chengke's stock rose by 3.03% to close at 113.05 yuan, with a total of 13 block trades amounting to 30.84 million shares and a transaction value of 30.45 million yuan [1][2]. Trading Details - The first trade occurred at a price of 98.76 yuan for 21,000 shares, totaling 2.07 million yuan, with a discount rate of -12.64% [1]. - The second trade matched the first in price and volume, with a transaction value of 2.07 million yuan and the same discount rate [2]. - The third trade involved 25,000 shares at the same price, resulting in a transaction value of 2.47 million yuan [1]. - The fourth trade saw 51,000 shares traded at 98.76 yuan, totaling 5.04 million yuan [1]. - Subsequent trades (fifth to thirteenth) consistently traded at 98.76 yuan, with volumes ranging from 20,300 to 28,000 shares, maintaining the same discount rate of -12.64% [2][3]. Recent Trading Activity - Over the past three months, the stock has recorded 14 block trades with a cumulative transaction value of 36.37 million yuan [3]. - In the last five trading days, the stock has increased by 11.45%, while the net outflow of main funds amounted to 63.53 million yuan [3].

Core Insights - The semiconductor sector is experiencing a strong upward trend, with the Shanghai Stock Exchange Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index (950125) rising by 4.57% as of October 24, 2025 [1] - Key stocks such as ShenGong Co., Ltd. (688233) and Zhongju Semiconductor (688549) saw significant increases of 13.82% and 12.96%, respectively [1] - The Ministry of Science and Technology emphasized the ongoing development of artificial intelligence (AI) and high-performance computing chips, which is expected to drive demand for computing power and storage chips [1] Industry Summary - The Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index includes companies involved in semiconductor materials and equipment, reflecting the overall performance of these listed companies [1] - The top ten weighted stocks in the index account for 74.36% of the total index, indicating a concentrated market structure [2] - The anticipated growth in AI investments by domestic internet companies is expected to contribute to an upward cycle in the storage chip industry [1]

Group 1 - The high bandwidth memory sector leads the market with an increase of 3.54% [1] - Shannon Semiconductor saw a significant rise of 14.01% [1] - Tuojing Technology increased by 6.9% [1] - Jingzhida experienced a growth of 4.46% [1] - Huahai Chengke, Zhongwei Company, and Lianrui New Materials all rose over 4% [1]

Core Viewpoint - The A-share semiconductor sector has experienced a significant rally, with multiple stocks reaching their daily limit up or showing substantial gains [1] Group 1: Stock Performance - Purun Co., Ltd. hit the daily limit up of 20% [1] - Shenkong Co., Ltd. increased by over 11% [1] - Huahong Technology rose by over 10% [1] - Huiding Technology reached a daily limit up of 10% [1] - Mingwei Electronics gained 9% [1] - Lianyun Technology, Jucheng Co., Ltd., and Xinxiangwei increased by over 8% [1] - Baiwei Storage and Galaxy Microelectronics rose by over 7% [1] - Beijing Junzheng and Huahai Chengke increased by over 6% [1] - Jinghe Integration, Weicet Technology, Hengsuo Co., Ltd., Jingyi Equipment, and Lanke Technology rose by over 5% [1]

Group 1 - The core point of the news is the performance and market position of Huahai Chengke, which saw a stock price increase of 5.03% to 105.60 CNY per share, with a total market capitalization of 8.522 billion CNY [1] - Huahai Chengke specializes in the research, production, and sales of electronic packaging materials for semiconductor devices, special devices, integrated circuits, and rare earth permanent magnet motors, with epoxy encapsulation materials accounting for 92.80% of its main business revenue [1] - The company was established on December 17, 2010, and went public on April 4, 2023, indicating a relatively recent entry into the public market [1] Group 2 - According to data, the Noan Fund has a significant holding in Huahai Chengke, with its Noan Research Optimal Mixed A Fund holding 35,300 shares, representing 4.09% of the fund's net value, making it the ninth largest holding [2] - The Noan Research Optimal Mixed A Fund has shown impressive performance, with a year-to-date return of 74.66% and a one-year return of 62.57%, ranking 177 out of 8,154 and 316 out of 8,025 respectively in its category [2] - The fund manager, Deng Xinyi, has been in charge for 3 years and 112 days, with the fund's total asset size at 2.009 billion CNY, achieving a best return of 49.53% during her tenure [3]

证券代码：688535 证券简称：华海诚科 公告编号：2025-070 江苏华海诚科新材料股份有限公司 关于召开2025年半年度暨第三季度报告 业绩说明会的公告 本公司董事会及全体董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、准确性和完整性承担法律责任。 重要内容提示： 一、说明会类型 江苏华海诚科新材料股份有限公司（以下简称"公司"）分别于 2025 年 8 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络电话会议 三、参加人员 1、董事长、总经理韩江龙先生 会议召开时间：2025 年 10 月 30 日（星期四）10:00-11:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络电话会议 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 10 月 30 日 前 访 问 网 址 https://eseb.cn/1sy03DSsaTC 或使用微信扫描下方二维码在报名时进行 会前提问，公司将通过本次业绩说明会，在信息披露允许范围内就投资 者普遍关注的问题进行回答。 月 28 日、2025 年 10 ...

Core Viewpoint - The adoption of targeted convertible bonds for mergers and acquisitions (M&A) is gaining popularity among listed companies due to their dual characteristics of equity and debt, providing flexibility and reducing financial pressure compared to traditional cash payments [1][3]. Group 1: Adoption of Targeted Convertible Bonds - Since the introduction of targeted convertible bonds for restructuring projects, 16 A-share listed companies have announced plans to use this method for M&A, alongside issuing shares and cash payments [1][2]. - Companies like Changhong High-Tech and Huahai Chengke are actively pursuing M&A using targeted convertible bonds, indicating a trend among tech firms [2][4]. - Targeted convertible bonds allow companies to issue bonds that can be converted into shares under certain conditions, providing a flexible payment structure for M&A transactions [2][3]. Group 2: Benefits for Technology Companies - Over 60% of the companies utilizing targeted convertible bonds for asset purchases are from the Sci-Tech Innovation Board and the Growth Enterprise Market, primarily targeting technology firms [4][5]. - The characteristics of technology companies, such as being asset-light and having high R&D investments, make targeted convertible bonds a suitable financing option, allowing for differentiated pricing and supporting valuation stability [5][6]. - The mechanism of targeted convertible bonds provides capital support flexibility for tech firms while allowing investors to mitigate risks and share in future growth [5][6]. Group 3: Enhancing M&A Efficiency - The use of targeted convertible bonds, along with other innovative tools, has significantly improved the efficiency of M&A transactions, reducing costs and risks associated with traditional methods [6]. - The flexible design and lower financing costs of targeted convertible bonds enhance market activity and promote resource integration and industrial collaboration [6]. - However, complexities in the terms of targeted convertible bonds may introduce challenges in understanding and negotiation, alongside potential credit and market valuation risks [6].