经济观察网近7天(2026年2月7日至2月13日)，电科芯片（600877）股价呈现下跌趋势，资金面承压明 显。截至2月13日收盘，股价报19.16元，单日下跌0.93%，5日累计跌幅达3.82%。资金流向方面，主力 资金连续净流出，2月10日单日净流出1.11亿元，占总成交额15.83%；近5日融资余额下降13.01%，反映 市场情绪偏谨慎。技术面显示，股价处于空头行情，KDJ指标超卖区间运行，短期弱于半导体板块及大 盘指数。 以上内容基于公开资料整理，不构成投资建议。 2月10日，电科芯片因主力资金大幅流出引发市场关注，当日成交额7.01亿元，换手率3.0%。同期公司 无重大公告或行业政策直接事件，但AI芯片领域技术突破(如国产RISCV芯片流片)可能间接影响半导体 板块情绪。 股票近期走势 ...

Core Viewpoint - The company is actively expanding its presence in the satellite communication sector, focusing on the development and promotion of related products to enhance future profitability and market value management [1] Group 1: Product Development - The company has developed products for Beidou short message and narrowband voice communication, which are already integrated into some domestic communication terminals [1] - The realization of low-orbit satellite communication functionality is closely linked to the progress of satellite constellation construction [1] Group 2: Market Strategy - The company aims to align its product development with national strategic development trends to capture potential market opportunities [1] - Currently, the contribution of related products to the company's revenue is relatively small, indicating a need for further market expansion and accelerated technology development [1]

Group 1 - The company, 电科芯片, indicated that investors should pay attention to the upcoming disclosure of the "2025 Annual Report" for information regarding its performance in 2025 [3][5]

Core Viewpoint - The company, Electric Science Chip (600877), is focusing on cost reduction through scale expansion, process optimization, and supply chain collaboration while enhancing pricing power through domestic substitution and differentiated products [1] Group 1: Cost Management Strategies - The company is currently operating in a mature process technology segment and is actively working to lower costs [1] - Strategies include scale expansion, process optimization, and supply chain collaboration [1] Group 2: Pricing Strategy - The company is dynamically adjusting its pricing strategy based on upstream wafer foundry quotes, material prices, and downstream demand changes [1] - There is a focus on enhancing pricing power through domestic substitution and differentiated products, such as automotive and industrial-grade offerings [1] Group 3: Future Development Plans - The company plans to continue investing in research and development to establish a product pyramid structure [1] - The goal is to build technical and scale barriers, shifting from cost-driven to value-driven pricing [1]

Group 1 - The core point of the article is that the ultra-precision voltage reference chip mentioned in the WeChat public account of the company is not developed by the company itself [1] Group 2 - The company responded to investor inquiries on February 4, clarifying the misunderstanding regarding the chip [1]

Core Viewpoint - The company is actively positioning itself in the satellite communication sector, focusing on the development and promotion of related products to enhance future profitability and market value management [2] Group 1: Product Development - The company has developed Beidou short message and narrowband voice communication products, which are currently integrated into some domestic communication terminals [2] - The realization of low-orbit satellite communication capabilities is closely linked to the progress of satellite constellation construction [2] Group 2: Market Strategy - The company aims to align with national strategic development trends to drive future growth [2] - Currently, the contribution of related products to the company's revenue is relatively small, indicating a need for market expansion and accelerated technology development [2]

Core Viewpoint - The company, Electric Science Chip (600877), has over a decade of experience in mass production of consumer electronics chips, focusing on RF, power supply, and power driver products, and has established a stable quality and large-scale delivery capability for consumer electronics chips [1] Group 1: Company Experience and Product Focus - The company has more than ten years of experience in mass production of consumer electronics chips [1] - The product focus includes RF, power supply, and power driver chips commonly used in consumer electronics [1] - The company has been supplying to leading clients in the white goods and small appliances sectors [1] Group 2: Manufacturing and Quality - The company primarily uses 6/8/12-inch wafer processes for manufacturing [1] - Packaging methods include mature forms such as SOP, SSOP, and DFN, aligning with current mainstream packaging demands in consumer electronics [1] - The company has demonstrated stable quality and is capable of large-scale delivery of consumer electronics chips [1]

Core Viewpoint - The company is actively positioning itself in the satellite communication sector, focusing on the development and promotion of related products to enhance future profitability and market value management [1] Group 1: Product Development - The company has developed Beidou short message and narrowband voice communication products, which are already integrated into some domestic communication terminals [1] - The realization of low-orbit satellite communication functionality is closely linked to the progress of satellite constellation construction [1] Group 2: Strategic Focus - The company aims to align with national strategic development trends to drive future growth [1] - There is a need to expand market reach and accelerate technology research and development, as the current contribution of related products to the company's revenue is relatively small [1]

Core Viewpoint - The company is actively positioning itself in the satellite communication sector, focusing on the development and promotion of related products to enhance future profitability and market value management [1] Group 1: Product Development - The company has developed Beidou short message and narrowband voice communication products, which are already integrated into some domestic communication terminals [1] - The realization of low-orbit satellite communication functionality is closely linked to the progress of satellite constellation construction [1] Group 2: Strategic Focus - The company aims to align with national strategic development trends to drive future growth [1] - There is a need to expand market presence and accelerate technology research and development, as the current contribution of related products to the company's revenue is relatively small [1]

Core Viewpoint - The Chinese stock market showed a slight increase, with the Shanghai Composite Index rising by 0.18% and the Shenzhen Component Index by 0.09%, indicating a generally positive market sentiment despite mixed sector performances [1] Market Performance - The Shanghai Composite Index closed at 4139.90 points, with a trading volume of 1,289.43 billion yuan [1] - The Shenzhen Component Index closed at 14,329.91 points, with a trading volume of 1,605.55 billion yuan [1] - The ChiNext Index closed at 3,342.60 points, with a trading volume of 745.04 billion yuan [1] Sector Performance - The semiconductor sector performed strongly, with stocks like Shengke Communication and Dongxin Co. hitting the 20% daily limit up [1] - The cultivated diamond concept saw significant activity, with Sifangda rising over 14% and Huanghe Xuanfeng hitting the daily limit up [1] - Other sectors that saw gains included precious metals, photovoltaic equipment, aerospace, insurance, and storage chip concepts [1] - Conversely, sectors that experienced declines included coal, energy metals, pharmaceutical commerce, real estate services, gas, liquor, and titanium dioxide concepts [1]