豪威集成电路（集团）股份有限公司 第七届董事会第二次会议决议公告 | 证券代码：603501 | 证券简称：豪威集团 | 公告编号：2025-069 | | --- | --- | --- | | 转债代码：113616 | 转债简称：韦尔转债 | | 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。 一、董事会会议召开情况 豪威集成电路（集团）股份有限公司（以下简称"公司"）第七届董事会第二 次会议于 2025 年 6 月 24 日以现场结合通讯方式召开，会议于 2025 年 6 月 19 日以通讯方式向全体董事进行了通知。会议应出席董事 9 名，实际出席董事 9 名。本次会议由公司董事长虞仁荣先生主持，公司高级管理人员列席了本次会议。 本次会议的召集和召开符合《公司法》等有关法律、行政法规、部门规章、规范 性文件和《公司章程》的相关规定，会议形成的决议合法、有效。 二、董事会会议审议情况 （一）审议通过《关于不向下修正"韦尔转债"转股价格的议案》 鉴于公司基本情况、股价走势、市场环境等多重因素，并从公平对待所有投 资者的角度 ...

Group 1: Establishment of Dongfang University - The Ministry of Education has approved the establishment of Dongfang University in Ningbo, which is positioned as a new research-oriented university focusing on basic research and engineering technology [3][4] - The university will initially offer four undergraduate programs: Mathematical Sciences, Intelligent Manufacturing Engineering, Electronic Science and Technology, and Computer Science and Technology, with plans to enroll students in Zhejiang province this year [3][4] Group 2: Funding and Contributions - The university was funded by Yu Renrong, known as China's "chip king," who has donated over 300 billion yuan for its establishment [3][4] - Yu Renrong's contributions include 1 billion shares of his company, which were valued at approximately 250 billion yuan at the time of donation, along with an additional 100 billion yuan for infrastructure and operational costs [4][5] Group 3: Performance of OmniVision Technologies - OmniVision Technologies, controlled by Yu Renrong, has shown strong recovery in profitability, with projected earnings exceeding 3.3 billion yuan in 2024 and a first-quarter profit of 866 million yuan, marking a 55% increase year-on-year [6][7] - The company has become one of the top three suppliers of CMOS image sensors globally, following significant acquisitions and investments in research and development [6][7] Group 4: Market Performance - Since its listing, OmniVision Technologies has seen its stock price increase approximately 23 times, with a market capitalization of around 151.6 billion yuan [8][9] - The company's stock closed at 169.91 yuan per share on June 20, 2023, significantly up from its initial offering price of 7.02 yuan [8]

Investment Rating - The investment rating for CR Micro (688396.SS) has been upgraded from Underweight to Equal-weight with a target price increase from Rmb28.10 to Rmb40.00 [3][5]. Core Insights - The report identifies three key investment themes in the Chinese automotive semiconductor sector: Power Discrete Devices, Advanced Driver Assistance Systems (ADAS), and Microcontrollers (MCU) [4][23]. - China's electric vehicle (EV) market is projected to grow significantly, with EV penetration expected to rise from 28% in 2024 to 42% by 2030, indicating a strong demand for automotive semiconductors [3][27]. - The report emphasizes the importance of localization in the semiconductor supply chain, noting that most global automotive chip companies are still in the early stages of implementing localization strategies in China [4][28]. Summary by Sections Investment Themes - The three key investment areas are: 1. **Power Discrete Devices**: Chinese companies have made solid progress in IGBT and SiC substrates, with opportunities in MOSFET and SiC devices [4][40]. 2. **ADAS**: The ADAS SoC market is expected to have the highest compound annual growth rate (CAGR), benefiting various suppliers including SoC vendors and peripheral chip manufacturers [4][24]. 3. **MCU**: The self-sufficiency rate for automotive MCUs is very low, at less than 5% in 2024, indicating significant growth potential for leading local companies [4][41]. Market Dynamics - China consumed 56% of the global electric vehicle production, and the report forecasts that the domestic automotive semiconductor market will continue to grow faster than global peers due to the increasing demand for EVs and government support for supply chain localization [3][27]. - The report highlights that the automotive semiconductor supply chain in Greater China currently accounts for less than 5% of the global supply, with a self-sufficiency rate of only 15% [37][38]. Company Ratings and Strategies - The report recommends specific companies for investment based on their positions in the identified themes: - **Power Semi**: Companies like Starpower (603290.SS), Yangjie Technology (300373.SZ), and SICC (688234.SS) are highlighted for their growth potential [5][23]. - **ADAS**: Companies such as Horizon Robotics (9660.HK) and Will Semiconductor (603501.SS) are noted for their strong positions in the ADAS market [5][23]. - **MCU**: GigaDevice (603986.SS) is recognized for its potential to benefit from localization trends [5][23]. Future Projections - The report anticipates that by 2027, the self-sufficiency rate for automotive chips in China will reach 28%, reflecting the ongoing efforts to enhance local production capabilities [16][53]. - The expected growth in the electric vehicle market is projected to triple by 2030, with significant implications for the semiconductor industry [33][34].

Core Viewpoint - The establishment of Ningbo Oriental Institute of Technology, funded by Yu Renrong, marks a significant investment in higher education in China, with a total investment exceeding 30 billion yuan aimed at creating a new model of research-oriented university focused on internationalization and specialized education [1][4][9]. Group 1: University Establishment - Ningbo Oriental Institute of Technology has recently received approval from the Ministry of Education to establish the university, which is positioned as a private institution in Zhejiang Province [2][6]. - The university aims to develop a specialized academic system focusing on four main disciplines: science, engineering, information technology, and business, while also incorporating humanities and social sciences [8][9]. Group 2: Financial Investment - The Ningbo municipal government has allocated 16 billion yuan for the campus site, with a total planned area of approximately 2,300 acres (about 1.5 million square meters) [9]. - Yu Renrong's education foundation will invest 10 billion yuan in infrastructure and over 20 billion yuan in operational funding, bringing the total investment to over 30 billion yuan [9]. Group 3: Academic Development - The university plans to enroll its first batch of undergraduate students this year, offering programs in foundational sciences, intelligent manufacturing engineering, electronic science and technology, and computer science [9][10]. - The institution has already established a high-level faculty team, attracting 16 academicians and 52 national-level talents, and has partnered with renowned universities for graduate training [11]. Group 4: Research Focus - The university emphasizes its mission to serve national development and social progress, focusing on foundational research and cutting-edge interdisciplinary fields such as artificial intelligence, integrated circuits, and new energy [10][11].

Group 1: AI and DeepSeek Innovations - DeepSeek leads the rise of domestic large models, significantly enhancing AI application deployment through technological innovations, achieving high cost-performance ratios in model training and inference [6][15][32] - The release of DeepSeek-V3, with a total parameter count of 671 billion, demonstrates competitive performance against OpenAI's GPT-4o, while maintaining a lower training cost of approximately $557.6 million [16][23][34] - The introduction of model distillation techniques in DeepSeek-R1 enhances inference capabilities, allowing smaller models to retain much of the performance of larger models, thus facilitating faster AI application deployment [19][28][32] Group 2: Semiconductor Industry Trends - The semiconductor industry is experiencing a push for domestic self-sufficiency due to increasing restrictions from the US and Japan, with a focus on accelerating domestic replacements in critical areas [9][10] - The demand for AI computing chips is expected to grow significantly, driven by the ongoing AI boom, with domestic manufacturers poised to capture market share as they enhance their capabilities [9][10] - The memory market is showing signs of recovery, with DRAM and NAND prices increasing from March to May 2025, indicating the potential for a new upward cycle in the semiconductor sector [9][10] Group 3: Investment Recommendations - Investment opportunities are identified in various sectors, including AI computing chips (e.g., Haiguang Information), AI glasses SoC (e.g., Hengxuan Technology), and smart driving technologies (e.g., OmniVision Technologies) [9][10] - The report suggests focusing on companies involved in advanced semiconductor equipment and manufacturing, such as North Huachuang and SMIC, as well as memory manufacturers like Zhaoyi Innovation, which are expected to benefit from the domestic market's growth [9][10]

Summary of Key Points Core Viewpoint - The announcement details the issuance and adjustment of the convertible bonds "韦尔转债" by Shanghai 韦尔半导体股份有限公司, including the bond's terms, adjustments to the conversion price, and the conditions under which the conversion price may be revised [1][2]. Group 1: Convertible Bond Issuance - The company has issued a total of 244 million yuan in convertible bonds, with each bond having a face value of 100 yuan and a maturity period of 6 years [1]. - The bonds were approved by the China Securities Regulatory Commission and began trading on January 22, 2021 [1]. - The initial conversion price was set at 222.83 yuan per share [1]. Group 2: Conversion Price Adjustments - The conversion price has undergone several adjustments: - From 222.83 yuan to 222.52 yuan effective June 30, 2021 [1]. - From 222.52 yuan to 164.44 yuan effective July 28, 2022 [1]. - From 164.44 yuan to 164.36 yuan effective July 31, 2023 [1]. - From 164.36 yuan to 162.80 yuan effective November 10, 2023 [1]. - From 162.80 yuan to 162.66 yuan effective August 13, 2024 [1]. - From 162.66 yuan to 162.46 yuan effective December 18, 2024 [1]. Group 3: Price Adjustment Clauses - The company has the right to propose a downward adjustment of the conversion price if the stock price falls below 85% of the current conversion price for 15 out of 30 consecutive trading days [1]. - The board has decided not to exercise this right for the upcoming 6-month periods, indicating a strategic choice to maintain the current conversion price [2].

Core Points - The company, OmniVision Technologies, will hold an investor briefing on June 27, 2025, to discuss its 2024 annual and Q1 2025 performance and cash dividend plans [1] - The meeting will be conducted via video live stream and online interaction, allowing investors to submit questions in advance [1] - Key personnel attending the meeting include the General Manager, Independent Director, CFO, and Board Secretary [1] Meeting Details - **Date and Time**: June 27, 2025, from 13:30 to 14:30 [1] - **Location**: Shanghai Stock Exchange Roadshow Center [1] - **Participation Method**: Investors can join the meeting online and submit questions from June 20 to June 26, 2025 [1] Contact Information - **Contact Department**: Securities Investment Department [1] - **Phone**: 021-50805043 [1] - **Email**: will_stock@corp.ovt.com [1] Additional Information - After the meeting, investors can access the meeting details and main content through the Shanghai Stock Exchange Roadshow Center [1]

| 证券代码：603501 | 证券简称：韦尔股份 公告编号：2025-067 | | --- | --- | | 转债代码：113616 | 转债简称：韦尔转债 | 豪威集成电路（集团）股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩 暨现金分红说明会的公告 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。 重要内容提示： 会议召开时间：2025 年 6 月 27 日（星期五）13:30-14:30 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2025 年 6 月 20 日（星期五）至 6 月 26 日（星期四）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 will_stock@corp.ovt.com 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。 豪威集成电路（集团）股份有限公司（以下简称"公 ...

证券代码：603501 证券简称：韦尔股份 公告编号：2025-066 转债代码：113616 转债简称：韦尔转债 豪威集成电路（集团）股份有限公司 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。 重要内容提示： ? 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一) 股东大会召开的时间：2025 年 6 月 18 日 (二) 股东大会召开的地点：上海浦东新区上科路 88 号 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情 况： 份总数的比例（%） (四) 表决方式是否符合《公司法》及《公司章程》的规定，股东大会主 持情况等。 本次会议由公司董事会召集，以现场投票及网络投票相结合的方式召开，公 司董事长虞仁荣先生主持了本次会议，会议符合法律、法规、规章和《公司章程》 的有关规定。 (五) 公司董事和董事会秘书的出席情况 二、 议案审议情况 (一) 非累积投票议案 上市的议案》 审议结果：通过 表决情况： 同意 反对 弃权 股东类型 比例 比例 比例 票数 票数 票数 （%） （%） （%） A股 ...

Core Viewpoint - The company held its second extraordinary general meeting of shareholders in 2025, where significant resolutions regarding the issuance of H shares and listing on the Hong Kong Stock Exchange were approved [1][3][4]. Group 1: Meeting Procedures - The sixth board of directors convened on May 23, 2025, to decide on the meeting, and the notice was published on May 31, 2025, detailing the time, location, and agenda [3][4]. - The meeting was held on June 18, 2025, at 14:00 in Shanghai, combining both on-site and online voting methods [3][4]. Group 2: Attendance and Voting - A total of 2,096 participants attended the meeting, holding 580,171,168 shares, which represents a significant portion of the voting rights [4][5]. - The online voting system allowed 2,085 shareholders to cast votes, representing 20.1694% of the total voting rights [4][5]. Group 3: Voting Results - The proposal for issuing H shares and listing on the Hong Kong Stock Exchange received 546,537,622 votes in favor, accounting for a majority of the votes cast [6][7]. - The resolutions regarding the use of proceeds from the H share issuance and related governance changes were also passed with overwhelming support from minority investors, with over 99% voting in favor [8][12][13].