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]

上海復旦微電子集團股份有限公司 Shanghai Fudan Microelectronics Group Company Limited* (在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ) (股 份 編 號: 1385) 海外監管公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本公告乃上海復旦微電子集團股份有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第 13.10B 條的規定刊發。 茲載列本公司於上海證券交易所網站刊發的《關於召開 2025 年半年度業績說明會的公 告》，僅供參閱。 承董事會命 上 海 復 旦 微 電 子 集 團 股 份 有 限 公 司 董事長 張衛先生 中國，上海，2025 年 9 月 12 日 於本公告日期，本公司之執行董事為張衛先生及沈磊先生； 非執行董事為閆娜女士、 莊啟飛先生、張睿女士及宋加勒先生；獨立非執行董事為石艶玲女士、王美娟女士及胡 雪先生。 *僅供識別 | A ...

重要内容提示： （网址：https://roadshow.sseinfo.com/） | A | 股证券代码：688385 | 证券简称：复旦微电 | 公告编号：2025-043 | | --- | --- | --- | --- | | | 港股证券代码：01385 | 证券简称：上海复旦 | | 上海复旦微电子集团股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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。 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 9 月 19 日至 9 月 25 日 16:00 前登录上证路演中心网站 首页点击"提问预征集"栏目或通过公司邮箱 IR@fmsh.com.cn 进行提问。公司 将在说明会上对投资者普遍关注的问题进行回答。 上海复旦微电子集团股份有限公司（以下简称"公司"、"复旦微电"）已于 2025 年 8 月 28 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入 地了解公司 2025 年上半年的经营成果、财务状况，公司计划于 2025 年 9 ...

Market Overview - The Hong Kong stock market indices collectively declined, ending a four-day rally, with the Hang Seng Index dropping 0.43% to close just above 26,000 points [1] - The Hang Seng Index, the Hang Seng China Enterprises Index, and the Hang Seng Tech Index fell by 0.43%, 0.73%, and 0.24% respectively [2] Sector Performance - Large technology stocks generally fell, with Meituan dropping over 5%, and other major players like Bilibili and Baidu also experiencing declines [5] - Semiconductor stocks showed strong gains, with notable increases in Shanghai Fudan and SMIC, driven by robust demand in the AI sector [6][7] - The copper and aluminum sectors performed actively, supported by expectations of a Federal Reserve interest rate cut [3][9] Notable Stocks - Meituan's stock price fell to 96.55, down 5.06%, with a market capitalization of 590.03 billion [6] - Semiconductor stocks like Shanghai Fudan and Huahong Semiconductor saw increases of over 5% and 4% respectively, reflecting strong market interest [7] - Apple-related stocks surged, with Hongteng Precision rising over 12% following the launch of new iPhone models [8] Biopharmaceutical Sector - The biopharmaceutical sector faced significant declines, with companies like Gilead Sciences and Hansoh Pharmaceutical dropping nearly 20% and 9% respectively, amid reports of potential U.S. restrictions on Chinese pharmaceuticals [10][11] Investment Trends - Southbound funds recorded a net inflow of 18.99 billion HKD, indicating continued interest in Hong Kong stocks [12] - Analysts suggest that the Hong Kong market's low valuations and improving asset quality may attract more foreign investment, particularly in the internet sector [14]

Core Viewpoint - The recent surge in technology stocks, particularly in the A-share market, is driven by optimism surrounding AI infrastructure demand, spurred by Oracle's impressive earnings guidance and significant remaining performance obligations [2][5]. Group 1: Market Performance - A-shares saw all major indices rise, with the ChiNext Index increasing over 4% and surpassing 3000 points, driven by sectors such as chips, computing power, and liquid cooling servers [2][3]. - Notable stocks included Haiguang Information, which hit a 20% limit up, and Industrial Fulian, which also reached a historical high with consecutive limit-up days [2][3]. Group 2: Oracle's Impact - Oracle's remaining performance obligations surged to $455 billion, a year-on-year increase of 359%, indicating strong demand for AI-related cloud contracts [5][6]. - Following Oracle's earnings report, its stock price experienced a significant increase, with a peak rise of over 42% during trading, ultimately closing up 35.91% [5]. Group 3: AI Infrastructure Demand - Analysts suggest that the global AI arms race is accelerating, with sectors like computing power, chips, and liquid cooling servers expected to benefit from the growing demand for AI infrastructure [7][8]. - The demand for AI infrastructure is driven by the explosion of AI model requirements and the digital transformation across various industries [7]. Group 4: Future Projections - The domestic AI infrastructure is expected to see rapid growth, with significant investments from internet giants, state-owned enterprises, and local governments, creating a vast market for domestic chips [8]. - Morgan Stanley projects that global data center capacity will grow by 23% annually by 2030, with the U.S. contributing 60% of this growth [8].

Market Overview - The Hang Seng Index closed down 0.29% at midday on September 11, while the Hang Seng Tech Index fell by 0.09% [1] Sector Performance - The semiconductor sector showed strong performance, with SMIC rising over 6%, and Huahong Semiconductor and Shanghai Fudan both increasing nearly 6% [1] - Conversely, the pharmaceutical and automotive sectors experienced declines, with Hansoh Pharmaceutical dropping 9.18% and China Biologic Products falling 5.46% [1]

Group 1 - Fudan Microelectronics experienced a stock price increase of 5.03% on September 11, reaching 59.05 CNY per share, with a trading volume of 534 million CNY and a turnover rate of 1.73%, resulting in a total market capitalization of 48.505 billion CNY [1] - The company has seen a cumulative stock price increase of 5.1% over the past four days [1] - Fudan Microelectronics, established on July 10, 1998, and listed on August 4, 2021, primarily engages in integrated circuit (IC) related businesses, operating through two segments: design, development, and sales of integrated circuits, and providing IC testing services [1] Group 2 - The revenue composition of Fudan Microelectronics includes: 37.04% from FPGA and other products, 23.92% from non-volatile memory, 21.35% from security and identification chips, 13.46% from smart meter chips, 4.15% from integrated circuit testing services, and 0.09% from rental income [1] - According to data, Bosera Fund holds a significant position in Fudan Microelectronics, with its Bosera Sci-Tech Board AI ETF (588790) increasing its holdings by 116.11 thousand shares in the second quarter, totaling 321.62 thousand shares, which represents 3.73% of the fund's net value [2] - The Bosera Sci-Tech Board AI ETF has achieved a year-to-date return of 55.77%, ranking 155 out of 4222 in its category [2]

证券日报网讯 9月5日晚间，上海复旦发布公告称，公司2025年第一次临时股东大会审议通过了《关于 增加与复旦通讯日常关联交易额度的议案》《关于与上海华虹（集团）有限公司发生日常关联交易议 案》。 （文章来源：证券日报） ...