证券代码：603893 证券简称：瑞芯微 公告编号：2025-039 瑞芯微电子股份有限公司 关于参加 2025 年福建辖区上市公司投资者 1 网上集体接待日活动的公告 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法律责任。 为进一步加强与投资者的互动交流，瑞芯微电子股份有限公司（以下简称"公 司"）将参加由福建证监局指导、福建省上市公司协会主办与深圳市全景网络有 限公司联合举办的"2025 年福建辖区上市公司投资者网上集体接待日活动"，现 将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2025 年 5 月 14 日（周三）15:30-17:00。届时公司 高管将在线就公司经营状况、公司治理、发展战略等问题，与投资者进行沟通与 交流，欢迎广大投资者踊跃参与！ 特此公告。 瑞芯微电子股份有限公司董事会 2025 年 5 月 9 日 ...

Core Viewpoint - The global semiconductor sales continue to grow in Q1 2025, but there is a significant performance divergence among major chip manufacturers, influenced by market and product differences, particularly in AI and storage sectors, while automotive chip manufacturers are struggling [1]. Chip Design (Including IDM) - Texas Instruments (TI) reported Q1 revenue of $4.07 billion, a year-over-year increase of 11% and a sequential increase of 2%. The company expects Q2 revenue between $4.17 billion and $4.53 billion [3]. - STMicroelectronics (ST) reported Q1 revenue of $2.52 billion, a year-over-year decline of 27.3%, with a net profit of $56 million, down 89.1% [5]. - NXP's Q1 revenue was $2.84 billion, down 9% year-over-year, with a significant decline in automotive market revenue [6]. - Qualcomm's Q1 revenue reached $10.98 billion, a year-over-year increase of 16.9%, driven by growth in mobile, automotive, and IoT sectors [8]. - MediaTek's Q1 revenue was NT$153.31 billion, up 14.9% year-over-year, exceeding operational targets due to increased market demand [9]. Semiconductor Manufacturing - TSMC's Q1 revenue was $25.53 billion, a year-over-year increase of 35.3%, with a gross margin of 58.8% [42]. - UMC reported Q1 revenue of NT$57.86 billion, a year-over-year increase of 5.9%, with a focus on 22/28nm process technology [46]. - World Advanced's Q1 revenue was NT$11.949 billion, a year-over-year increase of 24%, achieving a net profit of NT$2.414 billion [48]. Chip Distribution - WPG Holdings reported Q1 revenue of NT$248.83 billion, a year-over-year increase of 36.8%, driven by demand from AI and related sectors [58]. - Winstek Technology's Q1 revenue was NT$247.4 billion, a year-over-year increase of 28% [60]. - Arrow Electronics reported a 6% year-over-year decline in sales, totaling $5.3 billion [64]. Domestic Semiconductor Companies - Over 70% of semiconductor companies listed in A-shares reported year-over-year revenue growth in Q1 2025, with 60.63% of companies showing profit increases [35]. - Weir Shares reported a 14.68% year-over-year revenue increase in Q1, with a net profit increase of 55.25% [38]. - Zhaoyi Innovation's Q1 revenue was 1.909 billion yuan, a year-over-year increase of 17.32% [40].

Summary of Key Points Core Viewpoint - As of May 6, the total market financing balance reached 1.79 trillion yuan, indicating an increase of 143.81 billion yuan from the previous trading day, with notable contributions from both the Shanghai and Shenzhen stock exchanges [1]. Financing Balances - Shanghai stock exchange financing balance: 908.24 billion yuan, up by 59.40 billion yuan - Shenzhen stock exchange financing balance: 876.71 billion yuan, up by 83.55 billion yuan - Beijing Stock Exchange financing balance: 5.12 billion yuan, up by 86.21 million yuan [1]. Individual Stock Performance - On May 6, 2,239 stocks received net financing purchases, with 566 stocks having net purchases exceeding 10 million yuan, and 21 stocks exceeding 100 million yuan [1]. - Leading net purchases included: - Luxshare Precision: 228 million yuan - Runhe Software: 212 million yuan - Changshan Beiming: 199 million yuan - Other notable stocks: Inspur Information, Sichuan Changhong, and Dongfang Caifu [1][2]. Industry Concentration - The industries with the highest concentration of stocks receiving net financing purchases over 100 million yuan included: - Computer: 5 stocks - Non-ferrous metals: 3 stocks - Electronics: 3 stocks [1]. Financing Balance to Market Value Ratio - The average ratio of financing balance to circulating market value for stocks with significant net purchases was 4.78% - Stocks with the highest ratios included: - Hanyu Group: 9.63% - Guanghetong: 8.53% - Dongfang Caifu: 7.51% - Runhe Software: 7.49% [2][3]. Notable Stock Data - Top net purchases on May 6 included: - Luxshare Precision: 3.11% increase, net purchase of 227.62 million yuan - Runhe Software: 9.55% increase, net purchase of 212.02 million yuan - Changshan Beiming: 10.02% increase, net purchase of 198.69 million yuan - Other significant stocks included Inspur Information, Sichuan Changhong, and Dongfang Caifu [2][3].

Core Viewpoint - The artificial intelligence (AI) edge application sector is gaining market attention due to various factors including policy support and strong performance from companies in the industry, with the Wind AI concept index rising by 13.44% since April 8 [1] Industry Developments - The AI terminal industry development seminar highlighted the importance of AI terminals as key carriers for the application of AI technology, emphasizing the need for inter-departmental collaboration and industry synergy [1] - The launch of the AI terminal benchmark and intelligent grading plan aims to establish evaluation methods for various AI terminals, fostering industry consensus and supporting policy implementation [1] Product Innovations - In Q1 2025, Edge AI chips are expected to undergo dual innovations in integrated storage-computation architecture and heterogeneous computing, with companies like Rockchip achieving a threefold increase in AI inference energy efficiency in low-power scenarios [2] - Edge AI allows for localized data processing on smart devices, offering advantages such as security, independence, low latency, and high reliability compared to cloud-based AI [2] Company Performance - In Q1 2025, companies in the AI sector reported impressive earnings, with Cambricon Technologies achieving a total revenue of 1.111 billion yuan, a year-on-year increase of 4230.22%, and a net profit of 355 million yuan, up 256.82% [2] - Rockchip reported a total revenue of 885 million yuan, a 62.95% increase year-on-year, with a net profit of 209 million yuan, reflecting a growth of 209.65% [3] - Other companies such as Aibee, Pingzhi Information, and Jiadu Technology also reported net profit increases exceeding 150% year-on-year, with Jiadu Technology turning a profit due to successful project completions in smart transportation [3] Investment Outlook - The AI edge sector is transitioning from a technical concept to large-scale application, driven by improvements in terminal chip computing power and lightweight model optimization [3] - Analysts predict a new wave of innovation in smart terminals such as intelligent connected new energy vehicles, AI smartphones, and smart manufacturing equipment, driven by the lightweight model trends initiated by DeepSeek [4] - The penetration of AI edge products is expected to boost demand for consumer-grade storage, with open-source models like DeepSeek facilitating rapid deployment in devices such as smartphones and PCs [4]

Core Viewpoint - 瑞芯微电子股份有限公司 has completed the cancellation of 789,000 stock options, which will not affect the company's capital structure or financial performance, nor the implementation of related incentive plans [1][2]. Group 1: Stock Options Cancellation - The cancellation of stock options was approved by the company's board and supervisory board [1]. - The specific details of the stock options cancellation were disclosed in previous announcements [1]. Group 2: AIoT Market and Company Performance - The company participated in the 2024 annual AI-themed performance briefing, discussing its operational results and financial status for 2024 and Q1 2025 [3][4]. - The company reported a revenue of 3.136 billion yuan in 2024, a year-on-year increase of 46.94%, and a net profit of 595 million yuan, up 341.01% [12]. - In Q1 2025, the company achieved a revenue of 885 million yuan, a 62.95% increase year-on-year, and a net profit of 209 million yuan, growing by 209.65% [12]. Group 3: AIoT Development and Strategy - The company is focusing on AI development, continuously iterating its self-developed NPU modules since 2018 to enhance AI support efficiency [5]. - The AIoT market is rapidly growing, and the company plans to launch co-processor chips to address the increasing demand for computing power [6]. - The company aims to maintain a strong R&D investment in AIoT, leveraging its technology and product advantages to capture market opportunities [7][14]. Group 4: Market Opportunities and Challenges - The company sees significant opportunities in the domestic AIoT market, particularly in automotive electronics, where it aims to increase its market share [8][9]. - The company has established a compliance system to address supply chain security challenges amid evolving international trade conditions [11]. - The company is gradually expanding its AIoT market globally, starting from a strong domestic base [10].

Investment Rating - The report maintains a "Positive" investment rating for the electronic industry [11] Core Insights - The semiconductor sector has reached a historical high in holdings, driven by the trend of self-sufficiency and the impact of Deepseek's computational capabilities [2][6] - The overall allocation to the electronic sector has increased, with the semiconductor segment being the primary driver of this growth [6][18] - Despite the positive outlook for semiconductors, other segments such as electronic products and components have seen slight reductions in allocation due to tariff uncertainties [2][8] Summary by Sections Semiconductor Sector - The semiconductor sector continues to show strong year-on-year growth, with major players receiving increased allocations [7][41] - The trend of computational power shifting from cloud to edge is benefiting leading companies in the AI edge supply chain, such as Zhaoyi Innovation and Hengxuan Technology [7][41] - SMIC, as a core player in the domestic self-sufficiency trend, has also seen significant increases in holdings [7][41] Electronic Products & Components - The electronic products and components sector has experienced a reduction in allocations due to tariff-related uncertainties affecting export directions [8][45] - Despite this, high-performing stocks like Winbond Technology have seen increased allocations due to strong earnings [8][45] - The overall demand for consumer electronics, including smartphones and PCs, is recovering, which may lead to a rebound in the sector if tariff tensions ease [8][45] Display Devices - The display device sector has seen a slight decrease in holdings, although panel prices have been on a mild upward trend since Q3 2024 [9][49] - Major players like TCL Technology and BOE have experienced noticeable declines in their holding ratios, while other display device companies have received increased allocations [9][49] - The outlook for panel prices remains stable, with expectations for continued growth in Q2 2025 [9][49]

Core Viewpoint - The recovery of the electronic industry and the growth of the domestic AI ecosystem have significantly improved the performance of leading AI chip companies in the A-share market, with many companies experiencing substantial increases in contract liabilities and profits in the first quarter of the year [1][2]. Group 1: Company Performance - Haiguang Information reported a net profit of 1.931 billion yuan for 2024, a year-on-year increase of approximately 50%, and a first-quarter net profit of about 500 million yuan, up approximately 75% year-on-year [2]. - Cambrian-U achieved a revenue of 1.111 billion yuan in the first quarter, nearly matching its total revenue for the previous year, and turned a profit with a net profit of 355 million yuan [2]. - Ruixinwei's net profit reached 595 million yuan last year, a year-on-year increase of 341%, and 209 million yuan in the first quarter, a year-on-year increase of about 200% [2]. Group 2: Industry Trends - The demand for AI large model training is driving rapid growth in domestic intelligent computing power, leading to significant performance increases for related listed companies [2]. - The integration of AI with traditional industries is expected to accelerate, enhancing the industry's prosperity and driving continuous business growth [1]. Group 3: Ecosystem Development - The domestic AI industry is focusing on improving its ecosystem, particularly in software, to enhance training efficiency and adapt to domestic computing power [4][5]. - Haiguang Information is collaborating with nearly 5,000 enterprises, universities, and research institutions to develop joint solutions and promote a healthy ecosystem [5]. - Cambrian is advancing its intelligent chip products and platform systems, integrating them into over 100 million smart devices, and is working on AI curriculum development in collaboration with universities [6]. Group 4: Product Innovation - Ruixinwei plans to launch co-processor solutions to address the growing demand for computing power and the slow upgrade cycle of SoC chips [6]. - Allwinner Technology is diversifying its product offerings and actively collaborating with major industry players like Xiaomi and Tencent to integrate AI applications across various markets [7].

证券代码：603893 证券简称：瑞芯微 公告编号：2025-037 瑞芯微电子股份有限公司（以下简称"公司"）于近日在中国证券登记结算 有限责任公司上海分公司办理完毕 789,000 份股票期权注销事宜。 上述股票期权注销相关议案已经公司第四届董事会第四次会议和第四届监 事会第四次会议审议通过。具体内容详见公司于《上海证券报》《证券日报》《中 国证券报》《证券时报》及上海证券交易所网站（www.sse.com.cn）披露的《瑞 芯微电子股份有限公司关于 2022 年股票期权与限制性股票激励计划首次授予第 三个行权期行权条件及第三个限售期解除限售条件未成就暨注销股票期权和回 购注销限制性股票的公告》（公告编号：2025-029）、《瑞芯微电子股份有限公 司关于注销部分股票期权的公告》（公告编号：2025-035）。 本次注销股票期权事项不影响公司股本结构，不会对公司的财务状况和经营 成果产生实质性影响，且不影响公司相关激励计划的继续实施。 特此公告。 瑞芯微电子股份有限公司董事会 1 瑞芯微电子股份有限公司 关于部分股票期权注销完成的公告 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 ...

Core Viewpoint - The year 2025 is anticipated to be the "Year of Intelligent Agents," with the emergence of killer applications in the artificial intelligence (AI) sector [1][3][6]. Group 1: Industry Trends - Companies participating in the event are leaders in AI and digital economy sectors, covering various fields such as large models, AIoT chips, computing power, data centers, and industrial digitalization software [1]. - The AI-driven demand is expected to lead to significant growth in the IDC (Internet Data Center) industry, characterized by increased demand, larger and more standardized data centers, and diversified business models [4][5]. Group 2: Company Developments - DataPort has reported a substantial increase in demand due to AI, indicating a genuine demand explosion in the industry [5]. - Ruixinwei, a leader in AIoT SoC chips, is capitalizing on opportunities in edge and on-device AI applications, with multiple clients developing new hardware based on their main control chips [5]. - CloudSai Zhilian is actively contributing to Shanghai's computing power infrastructure, with a new high-level intelligent computing center project set to support digital infrastructure and smart city development [7]. - Nengke Technology achieved a remarkable growth in AI business, with a revenue of 1.51 billion yuan in 2024, a year-on-year increase of 7.47%, and AI product revenue skyrocketing over 12 times [7][8]. Group 3: Future Outlook - Companies are focusing on enhancing AI product development and market promotion, with Nengke Technology prioritizing AI in its 2025 strategy [8]. - Ruixinwei plans to continue iterating its self-developed NPU chips, aiming to meet diverse market demands for computing power [8].

证券代码：603893 证券简称：瑞芯微 公告编号：2025-038 瑞芯微电子股份有限公司 关于参加 2024 年度沪市主板人工智能专题 集体业绩说明会情况的公告 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。 瑞芯微电子股份有限公司（以下简称"公司"）于 2025 年 4 月 30 日参加了 2024 年度沪市主板人工智能专题集体业绩说明会，就公司 2024 年度及 2025 年 第一季度的经营成果和财务状况与投资者进行了沟通与交流。现将有关内容公告 如下： 一、业绩说明会召开情况 2025 年 4 月 30 日（星期三）下午 14:00-17:00，公司参加了由上海证券交易 所举办的 2024 年度沪市主板人工智能专题集体业绩说明会，公司董事、副总经 理兼 CFO 王海闽先生、副总经理李诗勤先生、独立董事乔政先生、董事会秘书 林玉秋女士出席会议，与投资者进行现场及线上的互动交流。 二、投资者提出的主要问题及公司回复情况 回复：我们看到当前国内的 AIoT 百行百业正在蓬勃发展。AI 大模型不断迭 代升级、使用效果全面提升 ...