| 证券代码：600745 | 证券简称：闻泰科技 | 公告编号：临2025-157 | | --- | --- | --- | | 转债代码：110081 | 转债简称：闻泰转债 | | 闻泰科技股份有限公司 6、股票来源：公司向激励对象定向发行的公司股票 关于2023年股票期权激励计划预留授予第二个行权期开始 行权的提示性公告 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。 2025 年 10 月 24 日，闻泰科技股份有限公司（以下简称"公司"）召开了 第十二届董事会第二十一次会议，审议通过了《关于 2023 年股票期权激励计划 预留授予股票期权第二个行权期行权条件成就的议案》，公司认为 2023 年股票 期权激励计划设定的预留授予激励对象行权条件已成就，同意为满足条件的激励 对象办理股票期权行权所需的相关事宜。本次符合行权条件的股票期权行权人数 为 12 人，行权数量为 20,595 份。经上海证券交易所及中国证券登记结算有限责 任公司上海分公司审核，相关期权将于 2025 年 11 月 21 日（周五）开始可以行 权 ...

Group 1: Company Updates - Ansem Semiconductor welcomes the U.S. authorities' decision to suspend the "penetration rule" for one year, which could have impacted its operations as a subsidiary of Wingtech Technology [1] - Ansem has had to suspend direct wafer supply to its factories in China since October 29, while operations in Europe and other regions continue normally [1] - Honda is adjusting its strategy to manage existing parts amid ongoing semiconductor supply chain issues affecting the automotive industry [1][2] Group 2: Automotive Industry Insights - The automotive industry has faced multiple production disruptions due to natural disasters and supply chain issues, highlighting the importance of supply chain stability [2] - China's automotive production and sales are projected to reach 31.28 million and 31.43 million units in 2024, with a year-on-year growth of 3.7% and 4.5% respectively [3] - The penetration rate of new energy vehicles in China is expected to exceed 40%, providing significant market demand for automotive chip manufacturers [3] Group 3: Semiconductor Market Developments - Domestic automotive chip production is accelerating, with a high import ratio still present in the automotive chip market [4] - Horizon Robotics announced that its chip family has surpassed 10 million units in production, indicating a strong growth trajectory in the SoC segment [5] - Black Sesame Technologies has successfully integrated its A1000 chip into multiple vehicle models, with plans for further production in 2025 [5][6] Group 4: MCU and Power Device Trends - The automotive MCU market is expected to exceed 100 billion by 2029, with domestic MCU production rapidly increasing [7] - Chip manufacturers like Chipone Technology and GigaDevice have reported significant milestones in MCU and SoC product lines, indicating robust growth in the automotive electronics sector [7] - Power devices are becoming increasingly critical in hybrid and electric vehicles, with domestic manufacturers like Silan Microelectronics gaining market share [11][12] Group 5: Industry Challenges and Future Outlook - The automotive semiconductor industry faces challenges in high-end product capacity, while domestic brands are covering mid-to-low-end products [8] - The Chinese automotive semiconductor market is expected to grow, but collaboration among automakers, Tier 1 suppliers, and chip manufacturers is essential for a complete development model [14] - The future of the semiconductor supply chain will require a shift from linear models to collaborative networks among various stakeholders [14][15]

中国商务部在本月表示，中方同意荷兰派员来华，就安世半导体问题磋商。(作者/箫雨) 傅恪礼表示，这一事件引发的紧张关系短期内不会对阿斯麦造成影响，并补充说这场危机最坏的时候已 经过去。 今年9月底，荷兰政府突然以国家安全为由接管芯片制造商安世半导体。安世半导体母公司闻泰科技 （600745）发表声明称，荷兰政府以莫须有的"国家安全"为由，对安世半导体实施全球运营冻结，是基 于地缘政治偏见的过度干预，而非基于事实的风险评估。 中国外交部对此表示，中方一贯反对泛化国家安全概念、针对特定国家企业采取歧视性做法。有关国家 应切实遵守市场原则，不要将经贸问题政治化。中方维护自身正当合法权益的决心坚定不移。 凤凰网科技讯 北京时间11月17日，据彭博社报道，光刻机巨头阿斯麦CEO傅恪礼(Christophe Fouquet)在 谈到安世半导体争端时表示，该事件在短期内不会影响阿斯麦，这场危机最坏的时候已经过去。 傅恪礼在荷兰电视节目《Buitenhof》上表示，这场危机凸显了供应链是多么脆弱以及为何对话对于防止 争端升级至关重要。他指出，安世半导体事件让人清晰地认识到半导体产业的重要性以及"生态系统是 脆弱的"。他强调，这 ...

Core Viewpoint - The recent tensions between the Netherlands and China regarding ASML and the acquisition of Nexperia highlight the fragility of the semiconductor supply chain and the importance of dialogue to prevent escalation [1][2]. Group 1: ASML's Position - ASML's CEO Christophe Fouquet emphasized the critical nature of the semiconductor industry and its ecosystem's vulnerability, stating that communication is essential before tensions escalate [1]. - He believes that the immediate impact of the tensions on ASML will be minimal and that the worst of the crisis has passed [1]. Group 2: Nexperia's Background - The Dutch government took control of Nexperia, a subsidiary of the Chinese company Wingtech Technology, citing national security concerns, with the action being made public on October 12 [2]. - Nexperia, headquartered in Nijmegen, focuses on discrete and logic devices, and is projected to generate approximately 14.7 billion yuan in revenue in 2024, accounting for one-sixth of Wingtech's total revenue [2]. Group 3: Global Supply Chain Impact - The takeover has caused significant disruptions in the global automotive supply chain, affecting major car manufacturers in the US, Europe, and Japan [3]. - Following the tensions, the US decided to suspend the implementation of stringent export controls for a year, while China agreed to resume chip supplies to the European automotive sector under certain conditions [3]. Group 4: Ongoing Challenges - Despite China's efforts to restore chip exports, European manufacturers continue to face severe chip shortages, which could lead to production line shutdowns [7]. - Automotive executives have expressed concerns about the depletion of chip inventories and the need for ASML to quickly resume supplies to avoid catastrophic impacts on various industries [7]. Group 5: Diplomatic Efforts - The Dutch government announced plans to send a delegation to China to seek a mutually acceptable resolution to the ongoing tensions [5]. - China has expressed disappointment with the Dutch government's actions and emphasized the need for constructive dialogue to resolve the semiconductor supply chain crisis [9].

【文/观察者网 熊超然】荷兰政府一手酿成"安世之乱"，祸乱全球汽车业乃至整个供应链，虽然在传 出"中方已同意予以出口豁免"的消息后，欧洲汽车行业暂时松了口气，但却仍心有余悸。 当地时间11月13日，法国国内发行量最大的报纸之一《费加罗报》报道认为，荷方"捅出的娄子"显然激 怒了中方，而贸易紧张局势的升级也凸显出欧盟在这一事件上的无能为力。10月下旬，当时众多汽车制 造商和供应商担心后新冠疫情时代可能会重现这样的局面——零部件短缺导致生产线瘫痪。 "中国给欧洲上了一堂工业课。"报道指出，手握安世半导体这张"牌"，中方甚至无需动用在稀土精炼方 面的主导力，便可在汽车领域的博弈中"收放自如"。报道同时援引业内研究人士称，中方正在谈判过程 中建立起极具成效的出口管制体系，"中方赢得这些权力博弈的实力已经得到证明"。 安世半导体分公司 资料图 法国蒙田研究所国际研究主任杜懋之（Mathieu Duchâtel）认为，中方同意恢复出口，当前事态发展看 似积极，但对荷兰而言并没有取得真正的"胜利"。 "他们（中方）正一点点建立起一个出口管制体系，其在谈判中极具效果。我们总是回到同一个结论： 中国有实力赢得权力博弈。"杜懋之 ...

Economic Indicators - In October, the Consumer Price Index (CPI) in China increased by 0.2% month-on-month and year-on-year, with the core CPI (excluding food and energy) rising by 1.2%, marking six consecutive months of growth and outperforming market expectations [1] - The Producer Price Index (PPI) rose by 0.1% month-on-month for the first time this year, while year-on-year it decreased by 2.1%, but the decline narrowed by 0.2 percentage points compared to the previous month, indicating an improving trend over three months [2] Retail and Consumption - In October, the total retail sales of consumer goods reached 46,291 billion yuan, growing by 2.9% year-on-year, while online retail sales for the first ten months amounted to 127,916 billion yuan, up by 9.6% [5] - The online retail of physical goods grew by 6.3%, accounting for 25.2% of total retail sales, suggesting that new consumption patterns represented by online shopping will maintain a high growth rate in the future [5] Investment Policies - The Chinese government has introduced measures to stimulate private investment, with 13 policy initiatives aimed at creating a better environment for private investment, particularly in sectors like low-altitude economy and commercial aerospace [7][8] - In the first three quarters of the year, private fixed asset investment in mainland China decreased by 3.1% year-on-year, but excluding real estate development, private project investment increased by 2.1% [7] Geopolitical Developments - The Dutch government has invoked a law to take control of the Chinese-owned Nexperia semiconductor company, citing national security concerns, which has raised fears of disruptions in the global automotive supply chain [10][12] - The situation highlights the geopolitical tensions between Europe and China, as well as the reliance of Europe on the US for security while being economically dependent on China [15]

Group 1 - Anxie Semiconductor China expresses confidence in its ability to pay full salaries and benefits to all employees despite interference from the Dutch government and obstruction from some management in the Netherlands [1] - The company confirms that all employee compensation and benefits are currently normal [1] - On October 12, Wentai Technology announced that its core semiconductor asset, Anxie Semiconductor, faced dual restrictions from the Dutch government and courts, including a one-year freeze on assets and operations [1] Group 2 - The Chinese Ministry of Commerce noted the lack of substantial actions from the Dutch government to stop infringing on the legitimate rights of Chinese enterprises and restore stability to the global semiconductor supply chain [2] - China has announced exemptions for eligible exports as of November 1, aiming to address the chaos in the global semiconductor supply chain, which it attributes to the Dutch government's actions [2] - China urges the Dutch government to move beyond verbal statements and propose constructive solutions to stabilize the semiconductor supply chain and refrain from interfering in corporate affairs [2]

Core Viewpoint - The Chinese Ministry of Commerce expresses strong dissatisfaction with the Dutch government's actions regarding Nexperia, emphasizing that such administrative interventions disrupt the global semiconductor supply chain and violate contractual principles [1][2][5]. Group 1: Dutch Government Actions - Dutch Economic Minister Kaagmans stated that he would make the same decision regarding Nexperia, indicating a firm stance despite international criticism [1]. - The Dutch government issued an administrative order on September 30, followed by a court ruling on October 8, which led to significant disruptions in the semiconductor supply chain [1][2]. - The Dutch authorities have been accused of hastily implementing the Cold War-era "Goods Availability Act" without following proper legal procedures, damaging the business environment and credibility of the Dutch government [2]. Group 2: Impact on Semiconductor Supply Chain - The crisis in the semiconductor supply chain has been exacerbated by the Dutch government's actions, which have led to a fragile and severe situation globally [2][5]. - Nexperia, a key semiconductor asset of Wingtech Technology, faced a one-year freeze on its assets and operations due to the Dutch government's intervention [4]. - The Chinese side has taken measures to restore the stability of the semiconductor supply chain, including exemptions for compliant exports, but the situation remains precarious due to the Dutch actions [2][5]. Group 3: Chinese Response and Future Cooperation - The Chinese Ministry of Commerce has expressed a willingness to engage in discussions with the Dutch side to resolve the crisis, provided that constructive proposals are brought to the table [3]. - The Chinese side has emphasized the need for the Dutch government to take substantial actions rather than merely verbal commitments to restore the semiconductor supply chain [5]. - Nexperia China has assured its employees that despite the challenges posed by the Dutch government, it remains capable of providing full salaries and benefits [5].

Core Viewpoint - The article discusses the recent statements made by Dutch Economic Minister Karremans regarding Nexperia, a semiconductor company, and highlights China's strong discontent with the Dutch government's actions that have disrupted the global semiconductor supply chain [2][3][5]. Group 1: Dutch Government Actions - The Dutch government issued an administrative order on September 30, followed by a court ruling on October 8, which led to significant disruptions in the semiconductor supply chain, contradicting the previously stable environment [2][3]. - The Dutch Minister's decision to intervene in Nexperia's operations, including the freezing of assets and management changes, is criticized as reckless and damaging to the business environment in the Netherlands [3][5]. Group 2: China's Response - China expresses disappointment and strong dissatisfaction with the Dutch government's actions, emphasizing that such administrative interventions harm the legitimate rights of foreign enterprises and the overall business climate [2][3]. - The Chinese government has taken measures to restore stability in the semiconductor supply chain, including exemptions for compliant exports, but acknowledges that the situation remains precarious due to Dutch actions [3][6]. Group 3: Future Cooperation - China is open to discussions with the Dutch government to resolve the current crisis but insists that constructive proposals must be presented rather than mere formalities [4][6]. - The Chinese subsidiary of Nexperia reassures its employees that despite the challenges posed by the Dutch government's interference, it remains capable of fulfilling its payroll and benefits obligations [6].

Core Viewpoint - Nexperia China asserts its capability and commitment to ensure full salary and benefits for all employees despite interference from the Dutch government and obstruction from certain management in the Netherlands [1][4]. Group 1: Company Response to External Challenges - Nexperia China emphasizes that the root cause of issues in the semiconductor sector is improper interference by the Dutch government, which has not taken any substantial actions to restore stability in the global semiconductor supply chain [3][4]. - The company is actively engaging in "self-rescue" measures in accordance with Chinese laws to maintain orderly production and operations, while facing supply disruptions and quality doubts raised by Dutch management [3][4]. Group 2: Employee Assurance - Nexperia China reassures employees that all salary and benefits are currently normal, highlighting the importance of employees as the company's most valuable asset [4]. - The company expresses gratitude for the contributions of its employees and commits to safeguarding their legitimate rights and interests [4]. Group 3: Financial Performance Overview - In the third quarter, Nexperia reported a revenue of 4.43 billion, a year-on-year decrease of 77.38%, while net profit increased by 279.29% to 1.04 billion [5][7]. - For the first three quarters, total revenue was 29.77 billion, down 44.00%, with net profit reaching 1.51 billion, up 265.09% [5][7]. - The semiconductor business showed a robust growth of 12.20% year-on-year, with a gross margin of 34.56% and a net profit of 724 million [8].