金融界2025年8月12日消息，国家知识产权局信息显示，兆易创新科技集团股份有限公司、合肥格易集 成电路有限公司、上海格易电子有限公司、上海思立微电子科技有限公司、深圳市格易聚创集成电路有 限公司、苏州福瑞思信息科技有限公司、西安格易安创集成电路有限公司取得一项名为"展频小数分频 控制电路、小数分频锁相环和芯片"的专利，授权公告号CN120165684B，申请日期为2025年05月。 天眼查资料显示，兆易创新科技集团股份有限公司，成立于2005年，位于北京市，是一家以从事计算 机、通信和其他电子设备制造业为主的企业。企业注册资本66412.4105万人民币。通过天眼查大数据分 析，兆易创新科技集团股份有限公司共对外投资了24家企业，参与招投标项目24次，财产线索方面有商 标信息53条，专利信息1335条，此外企业还拥有行政许可8个。 合肥格易集成电路有限公司，成立于2014年，位于合肥市，是一家以从事软件和信息技术服务业为主的 企业。企业注册资本3961.4178万人民币。通过天眼查大数据分析，合肥格易集成电路有限公司参与招 投标项目5次，专利信息280条，此外企业还拥有行政许可8个。 上海格易电子有限公司， ...

Core Viewpoint - The semiconductor industry in A-shares is experiencing a downturn due to the cyclical nature of the sector and slow recovery in consumer electronics demand, leading to widespread declines in net profits among listed companies. However, some leading firms have shown signs of recovery in the second quarter, driven by sectors like artificial intelligence, automotive electronics, and power grids. Group 1: Semiconductor Design Companies - Chip design companies are accelerating inventory reduction, with many reporting a decline in performance in the first half of the year, but some have stabilized and shown growth in the second quarter [2][3] - Rockchip, a leader in AIoT chips, expects revenue of approximately 858 million yuan, a year-on-year decrease of about 31%, but a sequential growth of around 60% in the second quarter [2] - GigaDevice, a leader in Nor Flash memory, anticipates a net profit of about 340 million yuan, down over 70% year-on-year, but with a nearly 30% increase from the first quarter [2] Group 2: Fingerprint Recognition and Wireless Chip Companies - Goodix, a leader in fingerprint recognition chips, expects revenue of about 2.02 billion yuan, a year-on-year increase of approximately 10.5%, but a net loss of about 137 million yuan [3] - Broadcom Integrated anticipates a net loss of between 64.8 million and 43.3 million yuan for the first half of 2023, with some improvement in the second quarter [3] - Zhaoxin Microelectronics, heavily reliant on the mobile market, expects a revenue decline of 25.48% year-on-year, with a net profit decrease of 50.01% to 55.06% [3] Group 3: Packaging and Testing Companies - Packaging and testing companies are showing significant sequential growth, with Tongfu Microelectronics reporting revenue of approximately 9.909 billion yuan, a year-on-year increase of 3.58%, but a net loss of 17 to 19.8 million yuan [7] - Longji Technology, a leading packaging and testing company, expects a net profit of 446 to 546 million yuan, a year-on-year decrease of 64.65% to 71.08%, but a significant increase in the second quarter [8] - Crystal Technology anticipates a net profit of 70 to 80 million yuan, a year-on-year decline of 58.11% to 63.35%, but expects to double its profit in the second quarter compared to the first [9] Group 4: Equipment Companies - Despite the overall semiconductor sector being in a downturn, equipment companies are experiencing rapid growth, with North Huachuang reporting revenue of 7.82 to 8.95 billion yuan, a year-on-year increase of 43.65% to 64.41% [10] - Zhongwei Company, a leader in etching equipment, expects revenue of approximately 2.527 billion yuan, a year-on-year increase of about 28.13%, with a net profit increase of 109.49% to 120.18% [11] - Wan Ye Enterprises is increasing its focus on integrated circuits, expecting a net profit of about 118 million yuan, a year-on-year increase of approximately 316% [12]

Group 1 - The China Securities Consumer Electronics Theme Index (931494) has risen by 2.18% as of August 12, 2025, with notable increases in constituent stocks such as Cambrian (688256) up 20.00%, Chipone (688521) up 7.43%, and Industrial Fulian (601138) up 7.21% [1] - The Consumer Electronics ETF (561600) has increased by 2.12%, with the latest price reported at 0.92 yuan [1] - The index tracks 50 listed companies involved in component production and brand design in the consumer electronics sector, reflecting the overall performance of these securities [1] Group 2 - As of July 31, 2025, the top ten weighted stocks in the China Securities Consumer Electronics Theme Index account for 51.57% of the index, including Luxshare Precision (002475), SMIC (688981), BOE Technology (000725), and Cambrian (688256) [1]

Group 1 - The Shanghai Composite Index opened lower with the Shanghai Mobile Internet Index (H50053) declining by 1.65% to 2553.98 points, with a trading volume of 39.362 billion yuan [1] - The Shanghai Mobile Internet Index has increased by 11.12% over the past month, 12.56% over the past three months, and 16.55% year-to-date [1] - The index is composed of securities from mobile terminal providers, mobile internet platform operators, and other companies benefiting from mobile internet, reflecting the overall performance of listed companies in the mobile internet industry [1] Group 2 - The Shanghai Mobile Internet Index is entirely composed of stocks listed on the Shanghai Stock Exchange, with 100% representation [2] - The industry composition of the index shows that Information Technology accounts for 85.63%, Communication Services for 13.49%, and Consumer Discretionary for 0.88% [2] - The index samples are adjusted quarterly, with adjustments occurring in the second Friday of March, June, September, and December, and weights are fixed until the next scheduled adjustment [2]

Summary of Conference Call on Storage Sector Investment Opportunities Industry Overview - The NOR Flash market is experiencing a price increase, primarily in mid-to-large capacity products, with major companies in mainland China issuing price hike notifications, expecting a rise of approximately 10% in Q3 driven by demand from emerging markets such as AI PCs, AI servers, and AI headphones [1][3] Key Companies and Their Performance - **Zhaoyi Innovation**: As the second-largest NOR Flash supplier globally, the company is set to benefit directly from the price increase in mid-to-large capacity products. Its MCU and DRAM product lines are also showing continuous growth in revenue and gross margin [1][4] - **Puran**: Holds a significant share in the NOR Flash market, with mid-to-large capacity products accounting for 30% of its portfolio. The company is expected to benefit further if prices for small-to-medium capacity NOR Flash also rise in the second half of the year, and it is actively expanding its MCU product line for diversification [1][4] - **Dongxin**: Recently launched high-performance graphics cards and expanded into the GPU sector. Its main revenue sources include SSD NAND Flash, DRAM, and NOR products, which will benefit from rising storage prices [1][4] - **Hengsuo**: Focuses on NOR Flash capacities ranging from 32MB to 128MB, positioning itself to benefit from future price increases [1][5] Domestic IC Design Companies - Domestic IC design companies are expected to gradually improve revenue and gross margins this year, effectively restoring net profits. For instance, Zhaoyi Innovation is expanding its market through customized storage solutions in collaboration with AI-related clients, while Puran is diversifying by expanding its MCU product line. Dongxin is enhancing its competitiveness by moving from storage to GPU, and Hengsuo is expected to achieve revenue growth by focusing on the small-to-medium capacity NOR Flash market [1][6] Storage Module Companies - Storage module companies such as Jiangbolong, Demingli, Baiwei, and Xiangnong are anticipated to realize revenue and profit during the ongoing price decline of DRAM and NAND Flash in Q3. These companies are expected to capture market demand changes to achieve business growth, making them noteworthy during the current cyclical upturn [2][7] Investment Opportunities - The current investment opportunities in the storage sector highlight Zhaoyi Innovation, Puran, Dongxin, and Hengsuo as key companies to watch. Each company is positioned to benefit from the ongoing price increases and market demand shifts [1][4]

证券代码：603986 证券简称：兆易创新 公告编号：2025-041 兆易创新科技集团股份有限公司 关于部分限制性股票回购注销实施公告 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： ? 回购注销原因：根据公司 2025 年 4 月 24 日的第五届董事会第二次会议 决议，因公司 2020、2021 年股票期权与限制性股票激励计划中激励对象离职、 个人层面业绩考核未达标等原因，回购注销其已获授但尚未解除限售的限制性股 票共计 29,214 股。 ? 本次注销股份的有关情况 回购股份数量 注销股份数量 注销日期 一、本次限制性股票回购注销的决策与信息披露 兆易创新科技集团股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日分别召开了第五届董事会第二次会议和第五届监事会第二次会议，审议通过了 《关于注销部分股票期权与回购注销部分限制性股票的议案》。公司于 2025 年 与限制性股票激励计划相关事项的议案》和《关于调整 2021 年股票期权与限制 性股票激励计划相关事项的议案》。 （2）2021 年股 ...

重要内容提示： 回购注销原因：根据公司 2025 年 4 月 24 日的第五届董事会第二次会议 决议，因公司 2020、2021 年股票期权与限制性股票激励计划中激励对象离职、 个人层面业绩考核未达标等原因，回购注销其已获授但尚未解除限售的限制性股 票共计 29,214 股。 本次注销股份的有关情况 | 回购股份数量 | 注销股份数量 | 注销日期 | | | | | --- | --- | --- | --- | --- | --- | | 29,214 | 29,214 | 年 2025 7 | 8 | 月 | 日 | 一、本次限制性股票回购注销的决策与信息披露 证券代码：603986 证券简称：兆易创新 公告编号：2025-041 兆易创新科技集团股份有限公司 关于部分限制性股票回购注销实施公告 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。 兆易创新科技集团股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日分别召开了第五届董事会第二次会议和第五届监事会第二次会议，审议通过了 《关于注销部分股票期权与回购 ...

北京市中伦（深圳）律师事务所 关于兆易创新科技集团股份有限公司 回购注销相关事项的 法律意见书 二〇二五年八月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 北京市中伦（深圳）律师事务所 关于兆易创新科技集团股份有限公司 回购注销相关事项的 法律意见书 致：兆易创新科技集团股份有限公司 北京市中伦（深圳）律师事务所接受兆易创新科技集团股份有限公司（以下 简称"兆易创新"或"公司"）的委托，担任兆易创新实施2020年股票期权与限 制性股票激励计划（以下简称"2020年激励计划"）、2021年股票期权与 ...

Group 1: China Market Focus - Extreme weather has led to a decline in manufacturing sentiment, with the manufacturing PMI for July at 49.3, down 0.4 points from the previous month and 0.7 points below the five-year average [13][12] - The political bureau meeting in July emphasized the need for macro policies to "continue to exert force and increase strength" to address structural economic issues [12] - The manufacturing PMI's decline is attributed to high temperatures and heavy rainfall, affecting production and demand, while price indices have shown a significant rebound due to anti-involution effects [13][12] Group 2: Stock Recommendations - Covos (603486 CH) is focusing on expanding its robotics core components and manufacturing project, with an expected annual output of 20 million key components and a projected revenue exceeding 1 billion yuan [21] - Zhaoyi Innovation (603986 CH) is positioned well in the AI era with its customized storage solutions, benefiting from trends in high bandwidth and low power consumption, and is expected to gain market share in the DRAM sector [21] Group 3: UK Market Focus - The UK economy is showing signs of risk, with GDP growth in April and May falling short of expectations, and a potential for two more interest rate cuts this year [31][29] - The UK stock market is facing structural challenges, with high international exposure and a strong pound affecting corporate earnings, while sectors like defense and utilities may perform better [32][31] Group 4: India Market Focus - India's economic growth is projected to slightly decline from 6.5% to 6.2% in the fiscal year 2026, with risks stemming from a slowdown in rural recovery and industrial activity [46] - The Indian government has approved significant defense contracts, with Hindustan Aeronautics (HNAL IN) expected to benefit from a substantial order backlog, indicating strong growth potential in the defense sector [51][46]

来源：金融界 金融界消息 截至2025年8月4日收盘，兆易创新（603986）报收于118.84元，上涨1.3%，换手率2.42%， 成交量16.08万手，成交金额19.02亿元。 天眼查商业履历信息显示，兆易创新科技集团股份有限公司，成立于2005年，位于北京市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本66412.4105万人民币，实缴资本 66412.4105万人民币。公司法定代表人为何卫。 通过天眼查大数据分析，兆易创新科技集团股份有限公司共对外投资了24家企业，参与招投标项目24 次，知识产权方面有商标信息53条，专利信息1335条，此外企业还拥有行政许可8个。 资金流向方面，今日主力资金净流入1.85亿元，占比成交额9.79%。其中，超大单净流入1.40亿元、占 成交额7.42%，大单净流入4459.50万元、占成交额2.37%，中单净流出流出9006.01万元、占成交额 4.78%，小单净流出9445.52万元、占成交额5.01%。 兆易创新最新一期业绩显示，截至2025一季报，公司营业总收入19.09亿元、同比增长17.32%，归属净 利润2.35亿元，同比增长14 ...