问：2025年上半年高可靠产品订单是否有增长？从客户下订单到出货的周期通常是多久？收入确认周期是 多久？ 答：2025年上半年，公司高可靠业务订单保持有一定的增长。公司定制化晶圆的采购周期约为4个月，封 装测试周期约1-2个月，部分质量要求较高的产品生产周期更长，整体芯片生产周期较长，而客户下达的 正式订单一般要求的交货时间在四周至六周左右。收入确认方面，主要视产品和客户验收情况而有所不 同。 证券之星消息，2025年7月25日复旦微电(688385)发布公告称富国基金、国海证券、华福证券、华创证 券、广发证券、平安养老于2025年7月24日调研我司。 具体内容如下： 复旦微电(688385)主营业务：从事超大规模集成电路的设计、开发、测试,并为客户提供系统解决方案。 复旦微电2025年一季报显示，公司主营收入8.88亿元，同比下降0.54%；归母净利润1.36亿元，同比下降 15.55%；扣非净利润1.33亿元，同比下降14.21%；负债率27.55%，投资收益86.6万元，财务费用755.74万 元，毛利率58.14%。 该股最近90天内共有2家机构给出评级，买入评级2家。 问：公司产能是否能跟上订单需求 ...

主流题材正在退潮，新题材刚刚酝酿。 7月25日，无论是A股还是港股，或是A50，都走得不太好，午后各大指数更是出现了一波小幅跳水，很多个股也跟随下跌。但很明显的一个动作是：资金在往AI、 半导体和机器人方向转。 午后，虽然指数杀跌，但人工智能ETF和机器人ETF的涨幅都来到了1%以上。与此同时，此前走势相对较弱的科创50尾盘涨超2%，芯片产业链全线走强，寒武纪 大涨超15%。这其中，寒武纪的放量大涨尤其重要，因为他是上一波科技股的总龙头。 股市突变 显然，板块轮动已然开始。那么，后市如何演绎？ 7月24日，A股收盘突破3600点，今天再度跌破。在目前这个位置，市场似乎有休整需求。然而，从结构上看，资金又不缺少突破口。那么，当下的市场是处于健康 轮动的状态，还是开启新一轮调整呢？分析人士认为，可能依然是一个轮动偏强的格局。 第一，从预期上看，当地时间7月24日，美国总统特朗普到访美联储，与美联储主席鲍威尔一同参观美联储大楼的改造项目，并当面催促鲍威尔降息。由此，9 月美联储降息概率目前约为75%-85.8%，预计降息幅度为25个基点。在这种背景之下，若科技板块休息，周期类资产调整到位，则可能还会因此再度起舞。 ...

根据市场公开信息及7月11日披露的机构调研信息，知名私募睿扬投资近期对1家上市公司进行了调研， 相关名单如下： 公司成立于2017年1月，目前主要开展投资于二级市场的私募证券投资基金业务，公司的管理人登记编 码：P1062872，观察会员编码：GC190030259，具有"3+3"投顾资格。目前资产管理规模约100亿，基金 经理平均从业年限超过10年。 彭砚于2021年9月荣获"第12届中国私募金牛奖--三年期金牛私募投资经理（股票策略）"，2020年8月荣 获"第11届中国私募金牛奖--一年期金牛私募投资经理（股票策略）"，2020年1月获得"金长江奖2019年 度优秀私募基金经理"；睿扬精选2号于2020年10月，荣获"中国基金业私募英华奖一年期股票策略 奖"（2019收益106.99%，月度最大回撤2.37%，2020收益64.42%，近一年最大回撤6.26%，2021收益 32.10% ）；睿扬专享1号于2021年4月荣膺证券时报"金长江奖2020年度绝对回报基金产品（三年 期）"，并于2020年1月荣膺证券时报"金长江奖2019年度绝对回报基金产品（一年期）"；（2019收益 85.69%，月度净值 ...

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、准确性和完整性依法承担法律责任。 上海复旦微电子集团股份有限公司（以下简称"公司"）于 2024 年 7 月 20 日在上海证券交易所网站披露《上海复旦微电子集团股份有限公司关于向不特 定对象发行可转换公司债券申请获得中国证券监督管理委员会同意注册批复的 公告》（公告编号：2024-042），公司收到中国证券监督管理委员会出具的《关 于同意上海复旦微电子集团股份有限公司向不特定对象发行可转换公司债券注 册的批复》（证监许可〔2024〕1047 号）（以下简称"批复"），同意公司向不特 定对象发行可转换公司债券的注册申请，批复自同意注册之日（2024 年 7 月 10 日）起 12 个月内有效。 | 股证券代码：688385 | A | 证券简称：复旦微电 | 公告编号：2025-028 | | --- | --- | --- | --- | | 港股证券代码：01385 | | 证券简称：上海复旦 | | 公司在取得批复后持续推进本次向不特定对象发行可转换公司债券的相关 工作。由于截至批复有效期届满前，公司本 ...

Core Viewpoint - The approval for the issuance of convertible bonds by Fudan Microelectronics has expired due to the failure to pass the necessary resolutions before the deadline, but this will not significantly impact the company's operations [1] Group 1 - Fudan Microelectronics announced the expiration of the approval for issuing convertible bonds to unspecified investors [1] - The company did not manage to renew the validity of the bond issuance approval before the deadline [1] - The expired approval will not have a major impact on the company's production and operational activities [1]

港股半导体板块震荡走高，华虹半导体(01347.HK)、中芯国际(00981.HK)涨超5%，上海复旦(01385.HK) 涨超4%，宏光半导体(06908.HK)涨超3%。 ...

| A | 股证券代码：688385 | 证券简称：复旦微电 | 公告编号：2025-026 | | --- | --- | --- | --- | | 港股证券代码：01385 | | 证券简称：上海复旦 | | 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。 上海复旦微电子集团股份有限公司监事会 2025 年 6 月 28 日 简历： 上海复旦微电子集团股份有限公司（以下简称"公司"）原职工代表监事张 艳丰女士于 2025 年 6 月 17 日向第九届监事会提交辞呈，相关情况可查阅公司 于 2025 年 6 月 19 日披露的《关于职工代表监事辞职公告》（编号：2025-024）。 为完善公司治理结构，保障公司监事会的正常运作，根据《中华人民共和 国公司法》（以下简称"《公司法》"）等相关法律法规以及规范性文件和《公 司章程》的相关规定，公司于 2025 年 6 月 27 日召开职工代表大会，补选王晓 燕女士为公司第九届监事会职工代表监事（简历详见附件），任期自本次职工代 表大会审议通过之日起至监事会因公司治理架构调整 ...

Market Overview - The Hong Kong stock market jumped 1.26% amid international capital reacting to U.S. President Trump's management of expectations regarding potential military action against Iran [1] - Trump's decision to delay military action against Iran for two weeks aligns with Israel's urgency to target Iranian nuclear facilities, particularly the Fordow nuclear site [1] Geopolitical Risks - Iran's missile attacks have decreased in intensity, averaging 20-30 high-intensity missiles daily, but threats to Israeli targets in Europe have emerged [2] - The Iraqi Shiite militia "Hezbollah" has threatened to block the Strait of Hormuz if the U.S. intervenes in the Israel-Iran conflict, leading to a decline in shipping traffic through the strait [2] Financial Developments - The People's Bank of China and the Hong Kong Monetary Authority launched a cross-border payment system, enhancing efficiency and reducing costs for cross-border remittances [3] - Major Chinese banks involved in the cross-border payment system saw stock increases of around 2% [3] - Insurance stocks also surged, with companies like China Life and New China Life rising over 4% due to stable investment returns [3] Industry Innovations - China's domestic EUV lithography machine has achieved a significant milestone with a production yield exceeding 70%, marking a critical point in the development of high-end chip manufacturing [6] - This advancement indicates a potential shift in the global semiconductor landscape, reducing reliance on foreign technology [6] Company-Specific Insights - China Coal Energy reported a decline in revenue and profit due to falling coal prices, with average prices for various coal types down significantly compared to the previous year [7] - The company is implementing cost-reduction measures and has seen its major shareholder increase their stake, reflecting confidence in the company's future [8]

Group 1 - The company announced the resignation of several directors, effective June 18, 2025, including executive directors Jiang Guoxing, Shi Lei, and Yu Jun, as well as independent non-executive directors Cao Zhongyong, Cai Minyong, Wang Pin, and Zou Fuwen [1] - New appointments were made to the tenth board of directors, with Shen Lei appointed as an executive director and Zhang Wei as the chairman and general manager, effective June 18, 2025 [1] - Zhang Wei was also appointed as the company's authorized representative, effective June 18, 2025 [1] Group 2 - Starting June 18, 2025, Zhang Wei will chair the Strategic and Investment Committee and the Environmental, Social, and Governance Committee, while Shen Lei will be a member of these committees [2] - Non-executive director Yan Na was appointed as a member of the Nomination Committee, and non-executive director Zhang Rui was appointed as a member of the Strategic and Investment Committee [2] - Independent non-executive director Shi Yanling was appointed as the chair of the Compensation and Assessment Committee and a member of the Audit Committee, Nomination Committee, and Strategic and Investment Committee [2]

Meeting Overview - The shareholders' meeting of Fudan Microelectronics Group Co., Ltd. was held on June 18, 2025, at Fudan National University Science Park, Shanghai [1] - A total of 423 ordinary shareholders attended the meeting, with 418,301,331 voting rights represented [1] Voting Results - All proposed resolutions were approved during the meeting, with significant support from shareholders [2][3] - The voting results showed that 99.8936% of ordinary shareholders voted in favor of the non-cumulative voting resolutions [2] - For the cumulative voting resolutions, the approval rate was also high, with ordinary shareholders voting 99.7812% in favor [3] Shareholder Voting Breakdown - Among the ordinary shareholders, 99.8630% of A-shareholders voted in favor of the resolutions, while 100% of overseas listed foreign shareholders supported the proposals [1][2] - The voting rights held by ordinary shareholders accounted for 50.9237% of the total voting rights, with A-shareholders holding 39.5391% [1] Legal Compliance - The meeting's convening and voting procedures complied with relevant Chinese laws and regulations, as well as the company's articles of association [6]