Core Viewpoint - The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has added 23 Chinese entities to its Entity List, including Shanghai Fudan Microelectronics Group Co., Ltd., citing national security concerns related to advanced computing and semiconductor manufacturing support [1][3]. Group 1: Impact of Entity List Inclusion - Thirteen of the listed entities are related to semiconductors and integrated circuits, with others spanning biotechnology, aerospace, and industrial software [1]. - Fudan Microelectronics is notably the first Chinese IC design company to face such sanctions due to its commercial FPGA/MCU business, with nine other Chinese IC design companies also marked with a specific footnote indicating severe restrictions [3][5]. - The sanctions imply a full process blockade, affecting all manufacturing nodes and limiting access to U.S. equipment and design tools, which could extend R&D cycles and disrupt global supply chains [5]. Group 2: Company Response and Strategy - In response to the sanctions, Fudan Microelectronics issued a public letter emphasizing its commitment to legal and compliant operations, and its strategic reserve of key materials has increased from approximately 600 million yuan at the end of 2020 to about 3.1 billion yuan by mid-2025 [8]. - The company has diversified its supply chain and strengthened collaborations with partners to enhance resilience and production capacity [8]. - Fudan Microelectronics is advancing its R&D in heterogeneous computing architecture chips, with a product range from 4 TOPS to 128 TOPS, and has reported positive progress on its first 32 TOPS product [8]. Group 3: Financial Performance - For the first half of 2025, Fudan Microelectronics reported revenues of 1.839 billion yuan, a year-on-year increase of 2.49%, while net profit fell by 44.38% to 194 million yuan due to increased inventory provisions and reduced government subsidies [11]. - The company's R&D expenditure totaled 533 million yuan, a decrease of 10.80%, representing 28.99% of its revenue, down 4.32 percentage points from the previous year [11]. - As of September 15, 2025, Fudan Microelectronics' A-shares rose by 2.75%, with a market capitalization of 50 billion yuan [12].

人民财讯9月14日电，复旦微电在微信公众号发文称，公司已针对核心产品线加强晶圆及关键原材料的 战略储备，存货规模自2020年末约6亿元增长至2025年上半年末约31亿元，其中原材料与在产品合计约 21亿元，有效提升了供应链的稳定性和抗风险能力，为持续稳健经营提供了保障。 ...

本周，美国商务部工业与安全局（BIS）发布公告，将23家中国实体列入实体清单。美方称这些公司或机构存在"违背美国国家安全或外交政策利益"的行 为，美国再增"黑名单"，引发市场关注。 针对美方持续打压，中方近期采取了一系列反制行动。中国商务部决定自2025年9月13日起对原产于美国的进口相关模拟芯片进行反倾销立案调查。本次调 查确定的倾销调查期为2024年1月1日至2024年12月31日，产业损害调查期为2022年1月1日至2024年12月31日。 美将复旦微等13家半导体企业列入实体清单 当地时间9月12日，美国商务部工业与安全局（BIS）发布公告，将23家中国实体列入实体清单。美方称这些公司或机构存在"违背美国国家安全或外交政策 利益"的行为。 | 序号 | 领域 | 中文名称 | 英文名称 | | --- | --- | --- | --- | | 1 | | 北京复旦微电子技术有 | Beijing Fudan Microelectron | | | | 限公司 | Technology Co., Ltd. | | 2 | | 上海复旦微电子集团股 | Shanghai Fudan Microelect ...

Group 1 - The U.S. Department of Commerce's Bureau of Industry and Security (BIS) added 23 Chinese entities to the Entity List, including 13 semiconductor and integrated circuit companies, due to actions deemed contrary to U.S. national security or foreign policy interests [2][4] - Entities on the Entity List require a license for exports of items subject to the Export Administration Regulations (EAR), with a presumption of denial for such licenses [2] - Shanghai Fudan Microelectronics was specifically noted for its involvement in high-performance computing (HPC) and artificial intelligence (AI) chip applications, leading to additional export controls on foreign-produced items containing U.S. technology [2] Group 2 - The Ministry of Commerce of China announced an anti-dumping investigation into imported analog chips from the U.S., citing the abuse of national security concepts and violations of World Trade Organization (WTO) rules by the U.S. government [4][6] - The investigation was initiated based on a domestic industry's application, indicating a 37% increase in imports from the U.S. and a 52% decrease in import prices from 2022 to 2024, which harmed domestic product sales [6][7] - The investigation period for dumping is set from January 1, 2024, to December 31, 2024, while the period for assessing industry damage is from January 1, 2022, to December 31, 2024 [7] Group 3 - The scope of the investigation includes certain analog integrated circuit chips, specifically general interface chips and gate driver chips produced using 40nm and above process technology [8][9] - General interface chips are designed for diverse interface types to connect various devices, while gate driver chips control power semiconductor devices [9][10] - The products under investigation are classified under the Chinese import and export tariff code 85423990, excluding other products not within this investigation [10]

原创 刘晓博 今天晚上传来重磅消息：中美在芯片等领域爆发新一轮博弈。 先传来的消息是：商务部就美国把中方23家企业列入出口管制实体清单答记者问。 来源:贸易救济局 类型:原创 2025-09-13 19:50 根据多家媒体报道，被列入实体清单的23家企业中，有13家是半导体与集成电商相关企业，包括复旦微电子在多个城 市的公司，以及上海华岭集成电路、吉姆西半导体科技、楠菲微电子等。 根据美国商务部工业与安全局（BIS）的公告，这些半导体企业无法获得海外相关产业链的供应（断供）。 还有3家生物技术企业，2家航天遥感量子相关研究所，以及2家工业软件和3家供应链企业被纳入实体清单。 随后，商务部连发了两个公告，具体如下： 中华人民共和国商务部 MINISTRY OF COMMERCE OF THE PEOPLE'S REPUBLIC OF CHINA 清输入关键字 Q 首页 > 政务公开 > 政策发布 商务部公告2025年第50号 公布就美国对华集成电 路领域相关措施发起反歧视立案调查 【发布单位】贸易救济局 【发布文号】商务部公告2025年第50号 【发文日期】2025年09月13日 依据《中华人民共和国对外贸易法 ...

Core Viewpoint - The U.S. Department of Commerce has added 23 Chinese entities to its Entity List, bringing the total to 1,112 Chinese companies on the list, citing national security and foreign policy concerns [1][2]. Group 1: Entities Listed - The 23 entities include 13 related to semiconductors and integrated circuits [3]. - Three entities are involved in biotechnology and life sciences [4]. - Two entities are research institutes related to aerospace, quantum technology, and timing systems [5]. - Two entities are related to industrial and engineering software [5]. - Three entities are involved in supply chain and logistics services [7]. Group 2: Reasons for Listing - The U.S. government claims these entities are involved in acquiring U.S. origin items for China's modernization, aerospace defense, and quantum technology development [2]. - They are also accused of supporting advanced computing, integrated circuit manufacturing, and distribution, directly serving government and security systems [2]. - There are concerns regarding their participation in biotechnology, engineering software development, and semiconductor manufacturing equipment procurement, with risks of circumventing export controls [2]. Group 3: Export Control Implications - All items controlled under the Export Administration Regulations (EAR), including hardware, software, and technology, require a license from the U.S. Department of Commerce for export, re-export, or domestic transfer to the listed entities [7].

Core Points - The U.S. Department of Commerce has added 32 entities to its Entity List, including 23 from China, due to concerns over national security and foreign policy interests [2][4][10] - Among the listed entities, notable companies include Fudan Microelectronics and various semiconductor-related organizations, which are now subject to strict export controls [2][8] - The U.S. has been tightening export controls on advanced AI and semiconductor technologies since 2018, with significant expansions under both the Trump and Biden administrations [4][5][6] Group 1: U.S. Export Controls - The Bureau of Industry and Security (BIS) has mandated that all items subject to the Export Administration Regulations (EAR) require a license for the listed entities, with a presumption of denial for such licenses [3][5] - The recent actions are part of a broader strategy to limit China's access to advanced computing and semiconductor manufacturing capabilities [4][6] - The number of Chinese entities on the BIS Entity List has significantly increased, with 1,065 entries as of March 31, 2025, representing nearly one-third of the total entries [10][11] Group 2: Impact on Companies - Fudan Microelectronics, a leading Chinese semiconductor company, has been significantly impacted by the new restrictions, which may hinder its ability to source necessary technology from abroad [8][12] - The Chinese Academy of Sciences' Aerospace Information Research Institute is also among the listed entities, indicating a focus on advanced technology sectors [9][12] - The overall trend shows a growing number of Chinese companies facing export restrictions, with 2,641 license applications approved and 1,293 denied or withdrawn from 2018 to 2023 [10]

Core Viewpoint - The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has added 23 Chinese entities to its Entity List, citing actions that contradict U.S. national security or foreign policy interests [1] Group 1: Semiconductor and Integrated Circuits - 13 companies related to semiconductor and integrated circuits have been listed, including Beijing Fudan Microelectronics Technology Co., Ltd. and Sino IC Technology Co., Ltd., which is involved in HPC/AI chips [3][6] - The inclusion of these companies means that all items governed by the Export Administration Regulations (EAR) require a license for export, with a presumption of denial for such licenses [1] Group 2: Biotechnology and Life Sciences - Three biotechnology companies have been added to the list, including Beijing Tianyi Huiyuan Biotechnology Co., Ltd. and Sangon Biotech (Shanghai) Co., Ltd. [6] Group 3: Aerospace and Quantum Research - Two research institutions related to aerospace information and quantum timing systems have been included: Aerospace Information Research Institute, Chinese Academy of Sciences, and the National Time Service Center of the Chinese Academy of Sciences [6] Group 4: Industrial and Engineering Software - Two companies in the industrial and engineering software sector have been listed: Hong Kong DEMX Co., Ltd. and Shanghai Suochen Information Technology Co., Ltd. [6] Group 5: Supply Chain and Logistics Services - Three entities involved in supply chain and logistics services have been added, including Hua Ke Logistics (HK) Limited and Shenzhen Xinlikang Supply Chain Management Co., Limited [6]

Core Viewpoint - Fudan Microelectronics (688385.SH) is actively expanding its FPGA chip applications into various fields, including communication, industrial control, and high-reliability sectors, while also exploring opportunities in computer vision, machine learning, and high-speed digital processing [1] Group 1 - The company's FPGA chips are currently not being developed for brain-computer interface applications [1] - The focus on expanding into new application scenarios indicates a strategic growth direction for the company [1]

Core Viewpoint - Fudan Microelectronics (688385.SH) is actively expanding its FPGA chip applications into various fields, including communication, industrial control, and high-reliability sectors, while also exploring opportunities in computer vision, machine learning, and high-speed digital processing [1] Group 1 - The company’s FPGA chips are currently not being developed for brain-computer interface applications [1] - The company is focusing on enhancing its product applications in emerging technology areas [1]