Core Viewpoint - GigaDevice Semiconductor Inc. reported a 15% year-on-year increase in revenue for the first half of 2025, driven by strong demand in consumer electronics, AI technology, and automotive electronics, alongside a strategic focus on market share growth [2][8][9] Company Overview and Financial Indicators - The company achieved a total revenue of approximately 4.15 billion RMB in the first half of 2025, compared to 3.61 billion RMB in the same period of the previous year [2] - The total profit for the period was approximately 596 million RMB, reflecting a 12.92% increase from 528 million RMB in the previous year [2] - The net profit attributable to shareholders was approximately 575 million RMB, marking an 11.31% increase year-on-year [8] - The basic earnings per share rose to 0.87 RMB, up 11.54% from 0.78 RMB in the previous year [2] Business and Product Analysis - GigaDevice's main business includes the research, development, and sales of memory, microcontrollers, sensors, and analog chips, serving various sectors such as consumer electronics, automotive, and industrial applications [3][4] - The company is a leading player in the NOR Flash, SLC NAND Flash, and niche DRAM markets, ranking second globally in NOR Flash with an 18.5% market share [4][5] - The global integrated circuit market is projected to grow significantly, with a compound annual growth rate (CAGR) of 13.3% from 2020 to 2024, driven by advancements in AI and automotive sectors [4][5] Market Trends and Growth Opportunities - The specialized storage market, including NOR Flash and SLC NAND Flash, is expected to grow at a CAGR of 7.1% from 2025 to 2029, reaching a market size of approximately 20.82 billion USD [5] - The MCU market is projected to grow from 19.7 billion USD in 2024 to 29.3 billion USD by 2029, with a CAGR of 8.7% [6] - The sensor market, particularly for touch and fingerprint recognition, is also expected to expand significantly, driven by increasing demand in smartphones and smart home devices [7] Strategic Initiatives - The company is pursuing a global strategy to enhance its brand image and expand its international market presence, including plans to issue H-shares on the Hong Kong Stock Exchange [16] - GigaDevice emphasizes technological innovation and market empowerment, focusing on product development and industry applications to improve operational efficiency and competitiveness [11][18] - The company maintains a Fabless model, outsourcing manufacturing while concentrating on design and customer service, allowing for flexibility and rapid market response [22][23]

兆易创新科技集团股份有限公司2025 年半年度报告摘要 公司代码：603986 公司简称：兆易创新 兆易创新科技集团股份有限公司 兆易创新科技集团股份有限公司2025 年半年度报告摘要 第一节 重要提示 展规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 无 第二节 公司基本情况 公司股票简况 股票种类 股票上市交易所 股票简称 股票代码 变更前股票简称 A股 上海证券交易所 兆易创新 603986 不适用 联系人和联系方式 董事会秘书 证券事务代表 姓名 董灵燕 王中华 电话 010-82881768 010-82881768 办公地址 北京市海淀区丰豪东路9号院 北京市海淀区丰豪东路9号院 中关村集成电路设计园8号楼 中关村集成电路设计园8号楼 电子信箱 investor@gigadevice.com investor@gigadevice.com 单位：元 币种：人民币 本报告期末比上年度末 本报告期末 上年度末 增减(%) 总资产 19,800,066,421.27 19,228,833,821.39 2.9 ...

兆易创新科技集团股份有限公司 第五届董事会第五次会议决议公告 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"）第五届董事会第五次 会议的会议通知和材料已于 2025 年 8 月 12 日以电子邮件方式发出，会议于 2025 年 8 月 22 日以现场结合通讯方式召开。本次会议由董事长朱一明先生主持，会 议应出席董事 9 名，实际出席董事 9 名；公司部分高级管理人员列席了本次会议。 本次会议的召集和召开程序符合《中华人民共和国公司法》等有关法律、行政法 规、部门规章、规范性文件和《公司章程》的有关规定。 经与会董事认真审议，以记名投票表决方式一致通过以下议案： 一、关于审议公司《2025 年半年度报告》及其摘要的议案 本议案具体内容请详见同日刊登在《证券时报》及上海证券交易所网站 （http://www.sse.com.cn）上的《兆易创新 2025 年半年度报告》及其摘要。 本议案已经公司董事会审计委员会审议通过。 表决结果：9 票同意、0 票反对、0 票弃权。 二、关于审议《 ...

Group 1: Company Announcements - Changjiang Electric Power's controlling shareholder, China Three Gorges Group, plans to increase its stake in the company by 4 billion to 8 billion yuan within the next 12 months through secondary market transactions [1] - Huakin Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and overseas business development [2] - Tailin Microelectronics is planning to acquire all or part of the equity of Shanghai Panqi Microelectronics through a combination of share issuance and cash payment, with trading suspended for up to 10 trading days [3] - Jingwang Electronics intends to invest 5 billion yuan in expanding its Zhuhai Jinwan base to enhance its competitiveness in high-end products related to AI and other technologies [5] - Jiangsu Guotai plans to use up to 12 billion yuan of idle funds for entrusted wealth management in low-risk financial products [6] Group 2: Financial Performance - Ping An Bank reported a 3.9% year-on-year decline in net profit for the first half of 2025, with a proposed cash dividend of 2.36 yuan per 10 shares [1][9] - Several companies reported significant increases in net profit, including Zhezhang Securities with a 46.49% increase and Keg Precision Machinery with a 144% increase [7] - True Love Home reported a net profit of 197 million yuan, a year-on-year increase of 484.48% [8] - Companies like Kunlun Wanwei and Vanke A reported substantial losses, with net losses of 856 million yuan and 11.947 billion yuan respectively [9]

Core Insights - The company reported a revenue of 4.15 billion yuan for the first half of 2025, representing a year-on-year growth of 15.00% [1] - The net profit attributable to shareholders reached 575 million yuan, with a year-on-year increase of 11.31% [1] - The net profit excluding non-recurring gains and losses was 544 million yuan, showing a year-on-year growth of 14.99% [1] - Basic earnings per share stood at 0.87 yuan [1] Revenue Growth Drivers - The revenue increase was primarily driven by policy incentives and market demand, particularly from consumer subsidies that boosted the consumer terminal market [1] - The advancement of artificial intelligence technology has significantly increased demand in sectors such as PCs, servers, and automotive electronics [1] - The company maintained a market share-focused strategy, effectively capitalizing on market opportunities, leading to rapid growth in revenue and sales across various sectors including storage and computing, mobile phones, automotive, and consumer products [1]

Core Viewpoint - The company reported a significant increase in revenue and net profit for the first half of 2025, indicating strong financial performance and growth potential in the market [1] Financial Performance - The company's operating revenue reached 4.15 billion, representing a year-on-year increase of 15.0% [1] - The net profit attributable to shareholders was 575 million, showing a year-on-year growth of 11.3% [1] - The net profit excluding non-recurring items amounted to 544 million, reflecting a year-on-year increase of 15.0% [1]

Core Viewpoint - The company achieved double-digit growth in both revenue and net profit in the first half of the year, driven by consumer subsidy policies and AI-driven demand [1][5]. Financial Performance - Revenue for the first half of the year reached 4.15 billion yuan, a year-on-year increase of 15.0% [2][5]. - Net profit attributable to shareholders was 575 million yuan, reflecting an 11.31% year-on-year growth [2][5]. - The company's non-GAAP net profit was 544 million yuan, up 14.99% compared to the previous year [2][5]. - Basic earnings per share increased to 0.87 yuan, a rise of 11.54% [2]. Business Segment Performance - Revenue from storage chips grew approximately 9.2%, with both volume and price increasing for niche DRAM products [3][6]. - MCU product revenue saw a nearly 20% year-on-year increase, driven by strong performance in consumer and industrial markets [3][7]. - Revenue from analog chips experienced significant growth, with synergies from Suzhou Saichip becoming evident [3]. - Automotive product revenue continued to show high growth [3]. Market Dynamics - The niche DRAM business has become a new growth engine, benefiting from a supply-demand imbalance as major overseas manufacturers exit the market [6]. - The global niche DRAM market is projected to grow from $8.51 billion in 2024 to $13.21 billion by 2029, with a compound annual growth rate of 7.4% [6]. Strategic Initiatives - The company is focusing on high-quality consumer and industrial markets, with significant growth in the networking sector and steady expansion in consumer and automotive sectors [7]. - The company is advancing its product layout around AI, with good growth in optical module products and steady progress in client expansion for robotics and server power supply [7].

Group 1 - Changjiang Electric Power's controlling shareholder plans to increase its stake by 4 billion to 8 billion yuan within the next 12 months through secondary market transactions [1] - Goer Technology's subsidiary intends to acquire 100% equity of Shanghai Aolai, enhancing its core competitiveness in micro-nano optical devices [2] - Huakin Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange to accelerate internationalization and enhance overseas financing capabilities [3] Group 2 - Shuyou Shen has received a Phase I clinical research summary report for STSP-0902 eye drops, indicating good safety and tolerability [4] - Yuanlin Co. announced that it has no business related to graphene despite a significant stock price increase, emphasizing the lack of relevant technology and talent [5] - Newnow's subsidiary has received approval for clinical trials of SYS6036 injection, a humanized monoclonal antibody for tumor immunotherapy [6] Group 3 - Kaige Precision's net profit increased by 144% year-on-year in the first half of the year, with revenue of 454 million yuan [7][8] - Chipone Technology's shareholders plan to transfer 5% of the company's shares through a pricing inquiry due to personal funding needs [9] - Tailin Micro is planning to acquire all or part of the equity of Shanghai Panqi Microelectronics, with stock suspension expected for up to 10 trading days [10] Group 4 - Sihua New Materials stated that the application of liquid cooling technology will not significantly impact its operating performance in the short term [11] - Xin'ao Co. plans to privatize Xin'ao Energy Holdings through its wholly-owned subsidiary and has completed the necessary regulatory filings [12] - Jingwang Electronics intends to invest 5 billion yuan in expanding its Zhuhai Jinwan base to enhance its competitive advantage in high-end products [13] Group 5 - Huilv Ecology's subsidiary signed contracts for the construction of a light module production base with a total investment of 700 million yuan [14] - Zhongjian Technology has authorized management to initiate preparations for issuing H-shares and listing on the Hong Kong Stock Exchange [15] - Huayang Lianzhong's stock will be subject to risk warnings and will be renamed ST Huayang starting August 26 [16] Group 6 - Shengyang Co. plans to establish a joint venture to enter the open-source Hongmeng ecosystem business with a registered capital of 50 million yuan [18] - Jiangsu Guotai intends to use up to 12 billion yuan of idle funds for entrusted wealth management in low-risk financial products [19] - Ping An Bank reported a 3.9% decline in net profit for the first half of the year, with a proposed cash dividend of 2.36 yuan per 10 shares [20] Group 7 - Shenkong Co. reported a 926% increase in net profit for the first half of the year, driven by demand in the semiconductor industry [21] - Zhangjiang Hi-Tech's net profit grew by 38.64% year-on-year, with revenue of 1.704 billion yuan [22] - Silan Micro achieved a net profit of 265 million yuan in the first half of the year, reversing a loss from the previous year [23] Group 8 - Ganfeng Lithium reported a net loss of 531 million yuan in the first half of the year, impacted by price adjustments in the lithium industry [24] - Zhaoyi Innovation's net profit increased by 11.31% year-on-year, with revenue of 4.15 billion yuan [25] - Dongxin Co. reported a net loss of 111 million yuan in the first half of the year, despite a revenue increase [26] Group 9 - Pizaihuang's net profit decreased by 16.22% year-on-year, with total revenue of 5.379 billion yuan [27] - Luoyang Molybdenum's net profit increased by 60% year-on-year, achieving a revenue of 94.773 billion yuan [28] - Tongwei Co. reported a net loss of 4.955 billion yuan in the first half of the year, primarily due to price adjustments in the photovoltaic industry [29] Group 10 - Chunzong Technology reported a net loss of 40 million yuan in the first half of the year, with a significant revenue decline [30] - China CNR's net profit increased by 72.48% year-on-year, with a proposed cash dividend of 1.1 yuan per 10 shares [31] - Shennuo Bio's shareholders plan to reduce their holdings by up to 3.43% [32]

Core Viewpoint - In the first half of 2025, the company reported a revenue of 4.15 billion yuan, a year-on-year increase of 15%, and a net profit attributable to shareholders of 575 million yuan, up 11.31%, driven by policy incentives and market demand [1][2] Group 1: Business Performance - The company's revenue from storage chips grew approximately 9.2% year-on-year, with NOR Flash and niche DRAM showing significant growth [2][3] - The demand for Flash products increased notably due to consumer subsidies and the seasonal demand in the second quarter, particularly in mobile screens, AI PCs, and servers [2][3] - The niche DRAM market experienced a supply-demand imbalance, leading to increased volume and price, with DDR4 products gaining a larger share of revenue [3] Group 2: Product Segmentation - MCU products achieved nearly 20% year-on-year growth as the company focused on high-quality consumer and industrial markets [3] - The revenue from analog chips saw a dramatic increase of over 4.5 times year-on-year, aided by the acquisition of Suzhou Saichip, enhancing the company's analog business [3] Group 3: Strategic Initiatives - The company is advancing its global strategy by accelerating overseas business development, including the submission of an H-share issuance application to the Hong Kong Stock Exchange to enhance R&D capabilities and product innovation [3][4] - The establishment of the international headquarters in Singapore aims to coordinate international operations, promote localized product innovation, and strengthen customer and supply chain collaboration [4]

证券代码：603986 证券简称：兆易创新 公告编号：2025-047 兆易创新科技集团股份有限公司 关于使用自有资金、外汇等方式支付募投项目部分款项 并以募集资金等额置换的公告 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。 兆易创新科技集团股份有限公司（以下简称"公司"）于 2025 年 8 月 22 日召开 第五届董事会第五次会议，会议审议通过了《关于使用自有资金、外汇等方式支付 募投项目部分款项并以募集资金等额置换的议案》，同意公司及实施募投项目的全资 子公司、全资孙公司在募投项目的实施期间，根据实际情况先行使用自有资金、外 汇等方式支付募投项目部分款项并以募集资金等额置换，该部分等额置换资金视同 募投项目使用资金。该议案无需提交股东会审议。具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准北京兆易创新科技股份有限公司非公开 发行股票的批复》（证监许可[2020]711 号核准），公司由主承销商中国国际金融股份 有限公司采用非公开发行股票方式，发行人民币普通股（A 股）21,219,077 股，发 ...