Core Insights - The company reported significant revenue growth in Q3 2025, driven by the recovery in the semiconductor industry and increased downstream demand, achieving a quarterly turnaround to profitability [2] - Despite quarterly improvements, the company remains in a cumulative net loss position for the year due to factors such as depreciation and inventory write-downs [2] Financial Performance - In Q3 2025, the company achieved operating revenue of 974.41 million yuan, a year-on-year increase of 19.09% [3] - The net profit attributable to shareholders was 19.06 million yuan, a substantial increase of 52.34% compared to the same period last year, marking a recovery from a loss of 45.99 million yuan in Q2 2025 [3] - Basic earnings per share were 0.03 yuan, reflecting a 50.00% year-on-year growth [2] - For the year-to-date period (January to September 2025), total operating revenue reached 2.6395259 billion yuan, up 15.94% year-on-year, while the cumulative net profit attributable to shareholders was -108.96 million yuan [3] Cash Flow and Assets - The net cash flow from operating activities for the first nine months of 2025 was 566 million yuan, a decrease of 11.81% year-on-year due to fluctuations in operating performance and changes in capital usage [4] - As of September 30, 2025, the company's total assets were 19.354 billion yuan, a slight increase of 0.16% from the end of the previous year, while equity attributable to shareholders decreased by 1.42% to 7.234 billion yuan [4]

Core Viewpoint - Lian Microelectronics (605358.SH) reported a significant increase in revenue and net profit for Q3 2025, indicating strong financial performance despite a negative adjusted net profit [1] Financial Performance - The company's operating revenue reached 974 million yuan, representing a year-on-year increase of 19.09% [1] - The net profit attributable to shareholders was 19.0647 million yuan, showing a year-on-year growth of 52.34% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -14.9493 million yuan, indicating a loss in this adjusted metric [1]

Core Viewpoint - Li'an Microelectronics (605358.SH) reported a significant increase in revenue and net profit for Q3 2025, indicating strong operational performance despite a negative adjusted net profit [1] Financial Performance - The company's operating revenue reached 974 million yuan, representing a year-on-year increase of 19.09% [1] - The net profit attributable to shareholders was 19.0647 million yuan, showing a year-on-year growth of 52.34% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -14.9493 million yuan, indicating a loss [1]

证券代码：605358 证券简称：立昂微 公告编号：2025-050 债券代码：111010 债券简称：立昂转债 杭州立昂微电子股份有限公司 关于计提资产减值准备的公告 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。 二、具体情况说明 （一） 信用减值损失 1 根据《企业会计准则》和公司相关政策，对于应收票据、应收账款及其他应收款，本公司 按应收取的合同现金流量与预期收取的现金流量之间的差额的现值计量其信用损失。当单项应 收票据、应收账款及其他应收款无法以合理成本评估预期信用损失的信息时，本公司根据信用 风险特征将其划分为若干组合，参考历史信用损失经验，结合当前状况并考虑前瞻性信息，在 组合基础上估计预期信用损失。 （二） 资产减值损失 为更加真实、准确地反映杭州立昂微电子股份有限公司（以下简称"公司"） 资产状况和 经营成果，根据《企业会计准则》和公司会计政策相关规定，基于谨慎性原则，公司对2025 年9月30日合并报表范围内可能存在减值迹象的资产计提了减值准备，相关情况公告如下： 一、资产减值准备的计提概况 根据《企 ...

| 证券代码：605358 | 证券简称：立昂微 | 公告编号：2025-049 | | --- | --- | --- | | 债券代码：111010 | 债券简称：立昂转债 | | 重要内容提示： | 发行名称 | 2022 | | | | 年公开发行可转换公司债券 | | | --- | --- | --- | --- | --- | --- | --- | | 募集资金总额 | 339,000.00 | | | 万元 | | | | 募集资金净额 | 337,812.41 | | | 万元 | | | | 募集资金到账时间 | 2022 | 年 | 11 | 月 18 | 日 | | | 前次用于暂时补充 流动资金的募集资 | 2024 月 | 年 | 6 | 18 | 日归还 | 15,000 万元 | | 金归还日期及金额 | | | | | | | 一、募集资金基本情况 二、募集资金投资项目的基本情况 经中国证券监督管理委员会《关于核准杭州立昂微电子股份有限公司公开发 行可转换公司债券的批复》（证监许可[2022]2345 号）核准，杭州立昂微电子股 份有限公司（以下简称"公司"或"立昂微"）获 ...

（一）审议通过了《关于审议 2025 年第三季度报告及其摘要的议案》 经与会监事认真审议，以记名投票表决方式一致通过以下决议： 证券代码：605358 证券简称：立昂微 公告编号：2025-048 债券代码：111010 债券简称：立昂转债 杭州立昂微电子股份有限公司 第五届监事会第八次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 杭州立昂微电子股份有限公司（以下简称"公司"）第五届监事会第八次会议于 2025 年 10 月 29 日（星期三）上午在杭州经济技术开发区 20 号大街 199 号公司办公楼五楼行政会议 室（二）以通讯方式召开。会议通知已提前 5 日以电话、电子邮件等形式送达全体监事。本次 会议应出席监事 3 人，实际出席监事 3 人。本次会议的召集、召开程序及方式符合《公司法》、 《公司章程》的规定。 二、监事会会议审议情况 表决情况：同意 3 票，反对 0 票，弃权 0 票。 特此公告。 杭州立昂微电子股份有限公司监事会 2025 年 10 月 30 日 （二）审议 ...

证券代码：605358 证券简称：立昂微 公告编号：2025-047 债券代码：111010 债券简称：立昂转债 经与会董事认真审议，以记名投票表决方式一致通过以下决议： 杭州立昂微电子股份有限公司 第五届董事会第十二次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 杭州立昂微电子股份有限公司（以下简称"公司"）第五届董事会第十二次会议于 2025 年 10 月 29 日（星期三）上午十时在杭州经济技术开发区 20 号大街 199 号公司五楼行政会议 室（二）以通讯方式召开。会议通知已提前 5 日以电话、电子邮件等形式送达全体董事。本次 会议应出席董事 7 人，实际出席董事 7 人。本次会议的召集、召开程序及方式符合《公司法》、 《公司章程》及《公司董事会议事规则》的规定。 二、董事会会议审议情况 （二）审议通过了《关于使用部分闲置募集资金临时补充流动资金并拟设立募集资金专项 账户的议案》 （一）审议通过了《关于审议 2025 年第三季度报告的议案》 公司董事会认为公司 2025 年 ...

东方证券股份有限公司 关于杭州立昂微电子股份有限公司 使用部分闲置募集资金临时补充流动资金的核查意见 东方证券股份有限公司（以下简称"东方证券"或"保荐机构"）作为杭州 立昂微电子股份有限公司（以下简称"立昂微"或"公司"）的保荐机构，根据 《上市公司募集资金监管规则》《证券发行上市保荐业务管理办法》《上海证券交 易所股票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运 作》等相关规定，对立昂微使用部分闲置募集资金临时补充流动资金的事项进行 了认真、审慎核查。具体核查情况如下： 一、募集资金的基本情况 经中国证券监督管理委员会《关于核准杭州立昂微电子股份有限公司公开发 行可转换公司债券的批复》（证监许可[2022]2345号）核准，杭州立昂微电子股 份有限公司获准向社会公开发行面值总额339,000万元可转换公司债券。 公司本次发行可转换公司债券募集资金总额为339,000.00万元，扣除相关的 发行费用（不含税）人民币1,187.59万元后，实际募集资金净额为人民币337,812.41 万元。中汇会计师事务所（特殊普通合伙）已对本次公开发行可转换公司债券募 集资金到位情况进行了审验，并出具 ...

Group 1 - The core viewpoint of the news is that Lianang Microelectronics (立昂微) reported a revenue increase of 15.94% year-on-year for the first three quarters of 2025, amounting to approximately 2.64 billion yuan, despite a net loss of about 108 million yuan attributable to shareholders [1] - As of the report, Lianang Microelectronics has a market capitalization of 24.3 billion yuan [2] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with the technology sector leading the market's transformation into a "slow bull" new pattern [2]

Financial Performance - The company's operating revenue for the third quarter reached ¥97,374.41 million, an increase of 19.09% compared to the same period last year[4] - The net profit attributable to shareholders was ¥1,906.47 million, representing a significant increase of 52.34% year-on-year[4] - The total profit for the period was reported at -¥2,451.50 million, with no applicable year-on-year comparison due to the nature of the loss[4] - The company achieved a turnaround in net profit for the third quarter, reporting ¥1,906.47 million compared to a loss of ¥4,598.94 million in the previous quarter[8] - The net profit attributable to shareholders was a loss of CNY 10,796.05 million, an increase in loss of CNY 5,361.85 million year-on-year[14] - Net profit for the first three quarters of 2025 was a loss of ¥143,429,335.68, compared to a loss of ¥128,914,011.21 in the same period of 2024[22] - The company reported a net loss attributable to the parent company of ¥107,960,515.10 for the current period, compared to a loss of ¥54,341,985.28 in the previous year[23] - Basic and diluted earnings per share were both -¥0.16, worsening from -¥0.08 in the same period last year[23] Revenue and Sales - The company achieved operating revenue of CNY 263,952.59 million, a year-on-year increase of 15.94%[14] - Revenue from semiconductor silicon wafers reached CNY 197,596.99 million, up 19.66% year-on-year, with a sales volume of 1,453.39 million 6-inch equivalent wafers, a 32.54% increase[14] - Sales of 12-inch silicon wafers were 127.79 million pieces, representing a 69.70% increase year-on-year[14] - Revenue from semiconductor power device chips was CNY 63,412.21 million, a slight decline of 0.86% year-on-year, with sales volume of 144.15 million pieces, up 10.21%[14] - Revenue from compound semiconductor RF and optoelectronic chips was CNY 21,443.83 million, a 6.19% increase year-on-year, despite a 7.86% decrease in sales volume[15] - The average selling price of products increased by 15.25% year-on-year, despite a reduction in sales volume due to adjustments in product sales structure[15] Costs and Expenses - Total operating costs increased to ¥2,882,632,784.22, up 17.1% from ¥2,459,823,397.02 year-over-year[21] - The company recorded depreciation and amortization expenses of CNY 82,116.75 million, an increase of CNY 12,672.15 million year-on-year[15] - Research and development expenses for the first three quarters of 2025 were ¥193,390,181.05, a decrease of 5.2% from ¥203,992,519.05 in 2024[21] - The company reported an increase in financial expenses to ¥211,666,383.33, up from ¥169,255,354.50, indicating a rise of 25.1%[21] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥56,559.01 million, showing a decrease of 11.81% compared to the previous year[5] - The company's total assets at the end of the reporting period were ¥1,935,412.07 million, reflecting a slight increase of 0.16% from the end of the previous year[5] - The company's total assets amounted to ¥19,354,120,724.60, slightly up from ¥19,322,830,492.45 in the previous year[20] - The company's cash and cash equivalents were not explicitly detailed, but total current assets reached ¥5,553,637,652.10, up from ¥5,371,465,585.50[20] - Cash and cash equivalents at the end of the period amounted to ¥2,103,077,609.13, an increase from ¥1,902,321,026.71 at the end of the same period last year[28] - The company experienced a net increase in cash and cash equivalents of ¥100,109,176.93, contrasting with a decrease of ¥293,061,180.89 in the previous year[28] Liabilities and Equity - Total liabilities increased to ¥11,163,804,716.51 from ¥10,989,067,038.38, reflecting a growth of 1.6%[19] - The company's long-term borrowings decreased to ¥2,005,080,485.81 from ¥2,274,935,485.81, a reduction of 11.8%[19] - The total equity attributable to shareholders decreased to ¥7,233,616,638.57 from ¥7,337,730,930.43, a decline of 1.4%[20] Cash Flow Activities - Net cash flow from operating activities was ¥565,590,130.45, down 11.83% from ¥641,346,855.79 in the previous year[26] - Total cash inflow from financing activities was ¥1,850,000,000.00, slightly up from ¥1,815,062,659.81 in the previous year[28] - Net cash flow from investing activities was -¥646,399,136.75, an improvement from -¥1,752,557,242.91 in the same period last year[26] - The total cash outflow for operating activities was ¥2,141,414,955.42, compared to ¥1,773,033,508.80 in the same period last year[26] - The company did not report any net profit from subsidiaries prior to consolidation, maintaining a consistent performance in this area[23]