证券代码：688037 证券简称：芯源微 公告编号：2025-048 沈阳芯源微电子设备股份有限公司 2025年第二次临时股东大会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：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 23 日 （二） 股东大会召开的地点：辽宁省沈阳市浑南区彩云路 1 号沈阳芯源微电子 设备股份有限公司会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 87 | | --- | --- | | 普通股股东人数 | 87 | | 2、出席会议的股东所持有的表决权数量 | 57,428,483 | | 普通股股东所持有表决权数量 | 57,428,483 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 28.5465 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 28 ...

芯源微公告，公司于2025年6月23日召开第三届董事会第一次会议，审议通过了《关于聘任公司荣誉董 事长、首席顾问的议案》。鉴于宗润福先生对公司战略发展、治理体系及行业影响力的突出贡献，聘任 宗润福先生为公司荣誉董事长、首席顾问。宗润福先生系公司创始人，历任公司总裁、董事长，因年龄 原因在新一届董事会中不再担任董事职务。 ...

Investment Rating - The report maintains a "Positive" investment rating for the semiconductor and semiconductor production equipment industry [11]. Core Insights - Since early 2025, the semiconductor sector has entered an adjustment period following a surge driven by AI, facing multiple challenges such as geopolitical tensions and macroeconomic uncertainties, which have hindered demand growth [4][7]. - Despite these challenges, the report suggests that the valuation pressure on semiconductor equipment and materials is limited, with expectations for improved performance and order fulfillment as domestic wafer manufacturing capabilities enhance [4][7]. Summary by Sections Market Overview - The semiconductor sector has transitioned from a valuation-driven logic to one focused on performance, with dynamic P/E ratios reflecting a normalization to mid-2024 levels [4][21]. - The semiconductor equipment and materials sectors are currently undervalued compared to the broader semiconductor sector, with dynamic P/E ratios at 12.5% and 63.2% percentile points respectively [4][21]. Industry Growth Drivers - Global semiconductor sales are projected to grow by 11.2% in 2025, with semiconductor equipment and materials expected to see sales growth rates of 7.7% and 8% respectively [8][29]. - The domestic demand for semiconductor equipment remains strong, driven by local foundries' expansion and the potential for domestic companies to capture market share from foreign competitors [8][47]. Company-Specific Insights - In the equipment sector, companies like North Huachuang are noted for their stable growth and market leadership, while firms in niche segments like Zhongke Feicai and Xinyuanwei are highlighted for their potential breakthroughs [9]. - In the materials sector, companies such as Anji Technology and Xingfu Electronics are recognized for successfully replacing domestic products and expanding into overseas markets [9]. Future Outlook - The report anticipates that the domestic semiconductor industry will continue to grow, with significant opportunities for local companies to replace foreign products and expand their market presence [8][47]. - The ongoing development of new production lines and technologies by leading domestic firms is expected to further enhance their competitive positioning in the global market [66].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) announced reforms to enhance the inclusiveness and adaptability of the market, focusing on the STAR Market and ChiNext to create a more attractive and competitive market system [1][2]. Group 1: Market Performance - As of June 18, 2025, the Science and Technology Innovation Information Technology ETF Morgan (588770) rose by 0.98%, with a turnover rate of 2.21% and a transaction volume of 6.9932 million yuan [1]. - The Shanghai Stock Exchange STAR Market New Generation Information Technology Index (000682) increased by 0.99%, with constituent stocks such as Shengyi Electronics (688183) up by 15.40% and Tuojing Technology (688072) up by 4.27% [1]. Group 2: Policy Measures - The "1+6" policy measures include the establishment of a growth tier on the STAR Market and the reintroduction of the fifth set of standards for unprofitable companies, aimed at better serving high-quality tech enterprises with significant breakthroughs and strong R&D investments [2]. - Six specific measures will be introduced on the STAR Market, including the introduction of professional investors, expanding the applicability of the fifth set of standards, and improving investment products and risk management tools [2]. Group 3: Investment Products - Morgan Asset Management integrates its "Global Vision Investment Technology" product line to assist investors in positioning themselves in quality tech companies globally, capitalizing on the new wave of technological advancements driven by AI [2]. - Active management funds include the Morgan Emerging Power Fund, focusing on emerging industry trends, and the Morgan Smart Connectivity Fund, which targets opportunities in artificial intelligence [3]. - Passive investment options include the Morgan Hang Seng Technology ETF and the Morgan Nasdaq 100 Index Fund, providing easy access to technology assets in Hong Kong and global tech leaders, respectively [3].

Core Insights - The semiconductor industry is experiencing growth driven by advancements in artificial intelligence and domestic production capabilities, with a focus on self-sufficiency and AI trends for the second half of 2025 [1] - The semiconductor industry ETF has shown a net value increase of 23.66% over the past year, indicating strong performance [2] - The ETF has a low management fee of 0.50% and a high tracking accuracy of 0.024%, making it an attractive investment option [4] Market Performance - As of June 18, 2025, the semiconductor industry index rose by 0.48%, with notable increases in individual stocks such as Chip Source Micro (up 2.77%) and Zhongju Semiconductor (up 2.02%) [1] - The ETF has attracted a total of 12.27 million yuan in inflows over the past 21 trading days, reflecting investor interest [2] Investment Metrics - The ETF's highest monthly return since inception was 20.82%, with a historical one-year profit probability of 100% [2] - The ETF has a Sharpe ratio of 1.05, indicating a favorable risk-adjusted return [2][4] Top Holdings - The top ten stocks in the semiconductor industry index account for 75.47% of the total weight, with North Huachuang and Zhongwei Company being the largest contributors [4][6]

Core Points - The company plans to distribute a cash dividend of 1.10 yuan (including tax) for every 10 shares to all shareholders, with the total cash dividend amount adjusted from 22,113,964.29 yuan (including tax) to 22,129,276.29 yuan (including tax) [1][2] - The adjustment is due to the occurrence of stock incentive vesting events, which resulted in a change in the number of shares eligible for distribution [1][2] Summary of Adjustments - Prior to the adjustment, the company had proposed a cash dividend distribution plan based on a total share capital of 201,138,646 shares, excluding 102,607 shares held in the repurchase account, resulting in a total of 201,036,039 shares eligible for distribution [1] - Following the completion of the first vesting period of the 2023 restricted stock incentive plan, an additional 139,200 shares were added, bringing the total share capital to 201,277,846 shares, with 201,175,239 shares remaining after excluding the repurchase account shares [2] - The company maintains the principle of keeping the per-share distribution ratio unchanged while adjusting the total cash dividend amount accordingly [2]

Core Points - The announcement details the first vesting results and stock listing of the 2023 Restricted Stock Incentive Plan of Shenyang Xinyuan Microelectronics Equipment Co., Ltd [1][2] - A total of 139,200 shares will be listed for trading on June 19, 2025, as part of the stock incentive program [1][6] - The plan has undergone necessary decision-making procedures and disclosures, including board and shareholder meetings [2][4] Summary by Sections Incentive Plan Overview - The stock listing type is for equity incentive shares, with a total of 139,200 shares available for trading [1] - The first vesting period has been completed, and the shares have been registered with the China Securities Depository and Clearing Corporation [1][6] Decision-Making Process - The board of directors approved the incentive plan on July 28, 2023, and independent directors provided their opinions [2] - The supervisory board verified the plan and issued relevant opinions [2][3] - The plan was publicly disclosed on the Shanghai Stock Exchange [3] Vesting Details - A total of 37 individuals are eligible for the stock vesting, with 13.92% of the total granted shares being vested [6][8] - The shares are sourced from a directed issuance of A-shares to the incentive objects [6] Stock Listing and Capital Changes - The listing date for the vested shares is set for June 19, 2025, with a total of 13,920 shares to be listed [6][8] - The total share capital will increase from 201,138,646 shares to 201,277,846 shares following this vesting [7] Financial Impact - The company reported a net profit of approximately 202.81 million yuan for 2024, with the basic earnings per share at 1.01 yuan [8] - The dilution effect on earnings per share will occur due to the increase in total shares outstanding [8]

证券代码：688037 证券简称：芯源微 公告编号：2025-045 沈阳芯源微电子设备股份有限公司 关于 2023 年限制性股票激励计划预留授予部分 第一个归属期归属结果暨股份上市的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为 139,200股。 本次股票上市流通总数为139,200股。 本次股票上市流通日期为2025 年 6 月 19 日。 根据中国证券监督管理委员会、上海证券交易所、中国证券登记结算有限责 任公司上海分公司有关业务规则的规定，沈阳芯源微电子设备股份有限公司（以 下简称"公司"）于 2025 年 6 月 13 日收到中国证券登记结算有限责任公司上海 分公司出具的《证券变更登记证明》，公司完成了 2023 年限制性股票激励计划预 留授予部分第一个归属期的股份登记工作。现将有关情况公告如下： 一、本次限制性股票激励计划已履行的决策程序和信息披露情况 （四）2023 年 8 月 14 日，公司召开 2023 年第一次临时股 ...

证券代码：688037 证券简称：芯源微 公告编号：2025-046 沈阳芯源微电子设备股份有限公司 关于调整 2024 年年度利润分配现金分红总额的公告 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。 重要内容提示： 现金分红总额：沈阳芯源微电子设备股份有限公司（以下简称"公司"） 拟向全体股东每 10 股派发现金红利 1.10 元（含税）不变，拟派发现金红利总额 由 22,113,964.29 元（含税）调整至 22,129,276.29 元（含税）； 本次调整原因：自公司 2024 年年度利润分配预案披露之日起至本公告披 露日期间，公司发生股权激励归属事项，致使可参与权益分派的股份数量发生变 动。公司按照维持每股分配比例不变的原则，对公司 2024 年年度利润分配现金 分红总额进行相应调整。 一、调整前利润分配方案 依据上述总股本变动情况，及公司 2025 年 4 月 25 日召开第二届董事会第二 十九次会议、2025 年 5 月 16 日召开 2024 年年度股东大会，审议通过的《关于 公司 2024 年年度利润 ...

Core Viewpoint - The company, Shenyang Xinyuan Microelectronics Equipment Co., Ltd., is preparing for its second extraordinary general meeting of shareholders in 2025, focusing on significant governance changes including the cancellation of the supervisory board and the nomination of new board members [2][10][12]. Group 1: Meeting Procedures - The meeting will ensure the legal rights of all shareholders and maintain order and efficiency, following relevant laws and regulations [3][4]. - Shareholders must arrive 30 minutes prior to the meeting for registration and must present necessary identification documents [3][4]. - Voting will be conducted through both on-site and online methods, with specific time frames for each [6][7]. Group 2: Agenda Items - The first agenda item includes a proposal to cancel the supervisory board and transfer its responsibilities to the audit committee of the board [10]. - The second agenda item involves the revision of internal governance documents to enhance operational compliance [11]. - The third and fourth agenda items pertain to the nomination of candidates for the third board of directors, including both non-independent and independent directors [12][13].