证券代码：603160 证券简称：汇顶科技 公告编号：2025-065 深圳市汇顶科技股份有限公司 关于股票期权 2025 年第三季度 自主行权结果暨股份变动的公告 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个别及连带责任。 重要内容提示： 本次行权股票数量：2,501,955 股，股票期权相关情况如下： 公司 2022 年第一期股票期权激励计划第三个行权期可行权数量为 606,712 份，实际可行权期限为 2025 年 6 月 30 日至 2026 年 6 月 19 日（行权日须为交易 日），行权方式为自主行权。2025 年第三季度共行权并完成股份过户登记 207,933 股，占可行权股票期权总量的 34.27%。 公司 2023 年第一期股票期权激励计划第一个行权期可行权数量为 3,932,677 份，实际可行权期限为 2024 年 8 月 26 日至 2025 年 8 月 24 日（行权 日须为交易日），行权方式为自主行权。2025 年第三季度共行权并完成股份过 户登记 197,594 股，占可行权股票期权总量的 5.02%。 ...

Core Insights - The stock price of 汇顶科技 (Goodix Technology) increased by 2.02% on September 30, reaching 83.00 CNY per share, with a total market capitalization of 38.353 billion CNY [1] - The company reported a year-to-date stock price increase of 3.56%, with significant gains over various trading periods [1] - 汇顶科技's main business involves chip design and solutions, with revenue contributions from fingerprint recognition chips (38.81%), touch control chips (37.19%), and other chips (21.46%) [1] Financial Performance - For the first half of 2025, 汇顶科技 achieved operating revenue of 2.251 billion CNY, a slight decrease of 0.20% year-on-year, while net profit attributable to shareholders increased by 35.74% to 431 million CNY [2] - The company has distributed a total of 1.614 billion CNY in dividends since its A-share listing, with 264 million CNY distributed over the past three years [3] Shareholder Information - As of September 21, 2025, the number of shareholders for 汇顶科技 increased to 75,100, with an average of 6,153 circulating shares per shareholder [2] - Notable institutional shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with both increasing their holdings [3]

Core Viewpoint - 汇顶科技's stock price has shown mixed performance in recent trading sessions, with a slight year-to-date increase, while the company continues to focus on its core business of chip design and solutions for smart connectivity [1][2]. Financial Performance - As of January to June 2025, 汇顶科技 reported revenue of 2.251 billion yuan, a slight decrease of 0.20% year-on-year, while net profit attributable to shareholders increased by 35.74% to 431 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 1.614 billion yuan, with 264 million yuan distributed over the past three years [3]. Shareholder Information - As of August 20, 2025, the number of shareholders for 汇顶科技 decreased to 74,700, with an average of 6,188 circulating shares per person, which is an increase of 5.39% [2]. - Major shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with both increasing their holdings [3]. Market Activity - On September 29, 汇顶科技's stock price fell by 2.01% to 80.85 yuan per share, with a trading volume of 184 million yuan and a turnover rate of 0.49% [1]. - The company experienced a net outflow of 22.1869 million yuan in principal funds, with significant selling pressure observed [1]. Business Overview - 汇顶科技, established on May 31, 2002, and listed on October 17, 2016, specializes in chip design and solutions, with its main revenue sources being fingerprint recognition chips (38.81%), touch control chips (37.19%), and other chips (21.46%) [1]. - The company operates within the semiconductor industry, focusing on analog chip design and is involved in various concepts such as facial recognition and artificial intelligence [1].

Group 1 - The company has announced a restriction on the exercise period of stock options under its incentive plan, which will be from October 9, 2025, to October 31, 2025 [1] - All incentive recipients will be restricted from exercising their stock options during the specified period [1] - The company will apply to the China Securities Depository and Clearing Corporation Limited Shanghai Branch for the relevant matters regarding the restriction on exercising stock options [1]

证券代码：603160 证券简称：汇顶科技 公告编号：2025-064 深圳市汇顶科技股份有限公司 关于股票期权激励计划限制行权期间的提示性公告 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个别及连带责任。 根据《上市公司股权激励管理办法》、深圳市汇顶科技股份有限公司（以下 简称"公司"）股票期权激励计划草案及中国证券登记结算有限责任公司上海分 公司关于股票期权自主行权的相关规定，结合公司 2025 年半年度权益分派的计 划，现对处于自主行权期间的股票期权进行限制，具体情况如下： 特此公告。 深圳市汇顶科技股份有限公司董事会 2025 年 9 月 26 日 | | 股票期权激励计划 | 行权期 | 期权代码 | 可行权期 | | --- | --- | --- | --- | --- | | 2022 | 年第一期股票期权 | 第三个行权期 | 1000000125 | 2025 年 6 月 30 日至 | | | 激励计划 | | | 2026 年 6 月 19 日 | | 2023 | 年第一期股票期权 | 第二个行权期 | 10 ...

Summary of Conference Call on China Semiconductors Industry Overview - **Gradual Demand Recovery**: The semiconductor industry in China is experiencing a gradual recovery in demand, driven by ongoing localization efforts and increased interest in AI technology from overseas investors [1][2] - **Key Trends**: - **DRAM**: Anticipated further pricing increases for specialty DRAM in the second half of 2025 due to supply shortages [1] - **NOR Flash**: Opportunities for ASP uplift driven by demand for larger capacity products in PCs, servers, and automotive sectors [1] - **Power Semiconductors**: Mild recovery in industrial and new energy demand, particularly in automotive, although pricing remains competitive [1] - **MCUs**: Solid shipment growth outlook with stable pricing expected [1] - **Localization**: The trend towards localization is expected to significantly boost revenue growth for domestic producers in MCUs, power semiconductors, and analog segments [1] Company Performance in 2Q25 - **Mixed Results**: Seven A-share semiconductor companies reported mixed results for 2Q25, with an average top-line growth of 11% YoY, down from 14% YoY in 1Q25 [2][10] - **Strongest Growth**: Memory interface chip companies, such as Montage, reported a 52% YoY revenue growth in 2Q25 [2] - **Notable Performers**: - **GigaDevice**: Revenue increased by 13% YoY, with a net profit growth of 9% YoY [10] - **Silan**: Achieved 19% YoY revenue growth but saw a decline in net profit [10] - **Goodix**: Revenue up 14% YoY, driven by new product ramp-up [2] - **Maxscend**: Experienced a 13% YoY revenue decline due to weak smartphone shipments [2] Stock Preferences - **Top Picks**: Montage, Horizon Robotics, and GigaDevice are preferred based on growth potential and market dynamics [3][8] - **Montage**: Expected to benefit from DDR5 penetration and emerging product ramp-up [3] - **Horizon Robotics**: Anticipated market share gains in autonomous driving solutions [3] - **GigaDevice**: Growth driven by market share gains in MCUs and NOR flash, along with new product expansions [3] Revenue Outlook and Estimates - **Revised Estimates**: Earnings forecasts for GigaDevice, Silan, and Goodix have been raised due to better-than-expected growth outlooks [4][13] - **GigaDevice**: Projected revenue growth of 50%+ YoY for DRAM business in FY25E [12] - **Horizon Robotics**: Expected to ship 4 million hardware units in FY25E, with a focus on mid-to-high-end products [12] Market Dynamics - **Capex Trends**: Significant increases in capital expenditures are expected, with server capex in China projected to rise 40% YoY in 2025 [31][33] - **Global Semiconductor Sales**: China's semiconductor sales are recovering, with a projected 12% YoY increase in July 2025 [14][29] Additional Insights - **Emerging Applications**: The localization trend is expected to enhance the growth of domestic semiconductor producers, particularly in the automotive and robotics sectors [1][12] - **Competitive Landscape**: Pricing pressures remain a concern due to intense competition in the semiconductor market [12][31] This summary encapsulates the key points from the conference call regarding the semiconductor industry in China, highlighting performance metrics, market trends, and future outlooks for specific companies and sectors.

Investment Rating - The report maintains a rating of "Accumulate" for the company [4] Core Views - The company has experienced rapid profit growth in the first half of 2025, driven by the expansion of innovative products such as ultrasonic fingerprint sensors and light sensors, which have seen increased commercial scale since their introduction in Q4 2024 [2][3] - The overall gross margin for the first half of 2025 was 43.28%, an increase of 1.23 percentage points year-on-year, while the net profit margin rose by 5.07 percentage points to 19.13% [2] - The company is focused on continuous innovation and has launched several new products, including a new light sensor with glass-plastic hybrid packaging and enhanced NFC solutions, which are expected to drive further growth [3][10] Financial Summary - For 2023A, the company reported revenue of 4,408 million yuan, with a projected revenue of 4,375 million yuan for 2024A, and an expected increase to 5,288 million yuan in 2025E, reflecting a growth rate of 20.9% [1] - The net profit attributable to the parent company is projected to grow significantly from 165 million yuan in 2023A to 604 million yuan in 2024A, and further to 821 million yuan in 2025E, indicating a year-on-year growth rate of 36.1% [1] - The company's earnings per share (EPS) is expected to rise from 0.36 yuan in 2023A to 1.31 yuan in 2024A, and reach 1.78 yuan in 2025E [1] Product Development and Market Position - The company has established long-term partnerships with major global brands across various sectors, including smartphones and automotive electronics, enhancing its market presence [10] - The global smartphone market is showing signs of recovery, with an increase in shipments, which is expected to benefit the company's product lines, particularly in ultrasonic fingerprint sensors [9][10] - The company is actively developing next-generation products to support a wider range of customer models, aiming to capture a larger market share [9][10]

Group 1 - On September 17, the company had a financing buy-in of 61.67 million yuan and a financing repayment of 78.71 million yuan, resulting in a net financing repayment of 17.04 million yuan [2] - The company completed the industrial and commercial change registration on September 15, following the approval of the cancellation of the supervisory board and changes to registered capital at the shareholder meeting held on September 9, 2025 [3][4] - The registered capital changed from 458.27 million yuan to 462.08 million yuan [4] Group 2 - The company’s management has faced scrutiny, as the president received a notice of investigation from the China Securities Regulatory Commission (CSRC) for suspected insider trading [6] - Investors who suffered losses due to the alleged insider trading can seek compensation if they purchased shares between the company's listing and August 25, 2025 [6] - The company holds 81 trademark registrations and 2,853 patent registrations, indicating a strong intellectual property portfolio [7]

Group 1 - On September 15, 2023, Huida Technology had a financing buy-in of 81.8871 million yuan and a financing repayment of 73.618 million yuan, resulting in a net financing buy of 8.2691 million yuan [2] - The company approved the reappointment of KPMG Huazhen as the auditing firm for the fiscal year 2025, with an audit fee of 1.6 million yuan (including tax) [3][4] - KPMG Huazhen has a cumulative professional insurance compensation limit and a provision for professional risk fund exceeding 200 million yuan, complying with relevant laws and regulations [3] Group 2 - On August 25, 2023, Huida Technology announced that its president, Liu Yuping, received a notice of investigation from the China Securities Regulatory Commission (CSRC) for suspected insider trading [5] - Investors who suffered losses due to the alleged insider trading can seek compensation if they purchased Huida Technology's stock between its listing and August 25, 2025, and held it through that date [5] - Huida Technology has participated in 29 bidding projects and has 81 trademark registrations [6]

Core Points - The company held its first extraordinary general meeting of shareholders on September 9, 2025, where it approved the proposal to cancel the supervisory board, change registered capital, and amend the Articles of Association [1] - The company has completed the business registration changes and obtained the registration notice from the Shenzhen Market Supervision Administration [1] Summary of Changes - The registered capital increased from 45,826.5780 million RMB to 46,207.9234 million RMB [1] - The number of non-restricted circulating shares increased from 45,826.5780 million RMB to 46,207.9234 million RMB [1] - The board members were updated, with the supervisory board members removed and the total number of board members remaining the same [1] Company Information - The company is named Shenzhen Huading Technology Co., Ltd., a joint venture listed company with a registered capital of 46,207.9234 million RMB [1] - The legal representative is Zhang Fan, and the company is located in the Futian Free Trade Zone, Shenzhen [1] - The company’s business scope includes general projects such as parking services, non-residential real estate leasing, and property management, as well as licensed projects related to electronic products and technology development [1]