Group 1 - The 21st China (Shenzhen) International Cultural Industries Fair will be held from May 22 to 26, with a significant "policy package" to support six key areas for high-quality cultural industry development [2] - The European Union plans to impose handling fees on small packages entering the EU, with China's Ministry of Foreign Affairs advocating for a fair and transparent business environment for Chinese enterprises [2] - China and the ten ASEAN countries have completed negotiations for the China-ASEAN Free Trade Area 3.0, adding nine new chapters including digital economy and green economy [2] Group 2 - International gold prices rebounded on May 21, with domestic gold jewelry prices surpassing 1,000 yuan per gram, with notable increases from major retailers [3] - Several banks, including Ping An Bank and CITIC Bank, have lowered deposit rates, particularly for medium- and long-term deposits, with some banks suspending five-year term deposits [3] - A surge in A-share buyback and increase plans has been observed, with 394 companies announcing such plans since the second quarter of 2025, a rise of over 60% compared to the first quarter [3] Group 3 - The Hong Kong Hang Seng Index closed up 0.62%, with BYD shares rising over 4% to a new historical high, and southbound funds net buying exceeding 1.4 billion HKD [4] - UBS noted a growing international interest in Chinese assets, highlighting the strategic importance of the Chinese stock market for global investors seeking excess returns [4] Group 4 - Baidu reported Q1 revenue of 32.452 billion yuan, a 3% year-on-year increase, with a notable 42% growth in Baidu Smart Cloud [5] - Xpeng Motors achieved Q1 revenue of 15.81 billion yuan, a 141.5% year-on-year increase, with a projected delivery volume of 102,000 to 108,000 units in Q2 [5] - Weibo's Q1 revenue remained stable at 396.9 million USD, with a 12% year-on-year increase in adjusted net profit [5] Group 5 - The stock price for Naxin Microelectronics was set at 163.15 yuan per share, with a subscription rate of 1.29 times from institutional investors [6] - The U.S. stock market saw declines across major indices, with significant drops in Chinese concept stocks such as iQIYI and Baidu [6]

Group 1 - The initial transfer price determined for the inquiry is 163.15 yuan per share [2] - A total of 7 institutional investors participated in the inquiry, including fund management companies, qualified foreign institutional investors, private fund managers, and insurance companies [2] - The total number of shares effectively subscribed by participating institutional investors is 6,250,000, with an effective subscription multiple of 1.29 times [2] Group 2 - The total number of shares intended for transfer is 4,851,800, with 6 institutional investors identified as the preliminary transferees [2] - The inquiry transfer does not involve a change in company control and will not affect the company's governance structure or ongoing operations [3]

根据 2025 年 5 月 21 日询价申购情况，初步确定的本次询价转让价格为 163.15 元/股。 一、本次询价转让初步定价 （一）经向机构投资者询价后，初步确定的转让价格为 163.15 元/股。 （二）参与本次询价转让报价的机构投资者家数为 7 家，涵盖了基金管理公 司、合格境外机构投资者、私募基金管理人、保险公司等专业机构投资者。参与 本次询价转让报价的机构投资者合计有效认购股份数量为 6,250,000 股，对应的 有效认购倍数为 1.29 倍。 （三）本次询价转让拟转让股份已获全额认购，初步确定受让方为 6 家机构 投资者，拟受让股份总数为 4,851,800 股。 二、风险提示 证券代码：688052 证券简称：纳芯微 公告编号：2025-028 苏州纳芯微电子股份有限公司 股东询价转让定价情况提示性公告 苏州纳芯壹号信息咨询合伙企业（有限合伙）、苏州纳芯贰号信息咨询合伙 企业（有限合伙）、苏州纳芯叁号信息咨询合伙企业（有限合伙）（以下合称"出 让方"）保证向苏州纳芯微电子股份有限公司（以下简称"纳芯微"、"公司"）提 供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、 准 ...

Group 1 - The core point of the announcement is that the initial inquiry transfer price is set at 163.15 yuan per share based on the inquiry subscription situation as of May 21, 2025 [1] - A total of 7 institutional investors participated in the inquiry transfer, with a total effective subscription of 6.25 million shares, resulting in an effective subscription multiple of 1.29 times [1] - The shares intended for transfer have been fully subscribed, with the preliminary determination of the transferees being 6 institutional investors, who will collectively acquire 4.8518 million shares [1]

Core Viewpoint - Recent shareholder reductions in stake highlight financial pressures on Naxin Micro, with significant losses reported in recent years [1][2] Group 1: Shareholder Actions - Naxin Micro announced a share transfer plan involving three companies controlled by its actual controller, intending to sell 4.85 million shares, approximately 3.40% of total equity, due to funding needs [1] - The recent share transfer could yield approximately 864 million yuan based on the closing price of 178 yuan per share on May 20 [1] - Earlier, shareholders completed a reduction plan, selling 3.14 million shares for about 534 million yuan [1] Group 2: Financial Performance - Naxin Micro's revenue in 2022 was 1.67 billion yuan, a 93.76% increase year-on-year, with a net profit of 251 million yuan, up 12% [2] - In 2023, the company reported a revenue decline of 21.52% to 1.31 billion yuan and a net loss of 305 million yuan, a 221.85% decrease [2] - For 2024, revenue is projected to reach 1.96 billion yuan, a 49.53% increase, but net losses are expected to deepen to 403 million yuan, a 31.95% increase in losses [2] Group 3: Operational Challenges - The revenue growth in 2024 is attributed to stable demand in the automotive electronics sector and recovery in consumer electronics [3] - Net profit losses are driven by increased competition, rising operational costs, and significant impairment losses on assets [3] - The gross margin has declined from 50.01% in 2022 to 38.59% in 2023 and further to 32.70% in 2024, indicating ongoing profitability challenges [4]

Core Viewpoint - Naxin Micro (688052.SH) plans to conduct a shareholder inquiry transfer of 4,851,800 shares, representing 3.40% of its total share capital, due to the shareholders' funding needs [1][2]. Group 1: Shareholder Inquiry Transfer - The shareholders involved in the inquiry transfer are Suzhou Naxin No.1, No.2, and No.3 Information Consulting Partnerships, which are controlled by the actual controller of the company [1][2]. - The transfer will not occur through centralized bidding or block trading, and the shares acquired through this transfer cannot be transferred within six months [1][2]. - The total number of shares to be transferred includes 2,300,946 shares from Suzhou Naxin No.1 (1.61% of total capital), 1,791,254 shares from Suzhou Naxin No.2 (1.26%), and 759,600 shares from Suzhou Naxin No.3 (0.53%) [2]. Group 2: Financial Performance - In Q1 2025, Naxin Micro reported revenue of 717 million yuan, a year-on-year increase of 97.82%, while the net profit attributable to shareholders was -51.34 million yuan, improving from -150.03 million yuan in the same period last year [4][5]. - For the full year 2024, the company achieved revenue of 1.96 billion yuan, a 49.53% increase compared to 2023, but still reported a net loss of -403 million yuan [6][7]. - The operating cash flow for 2024 was 95.05 million yuan, a significant improvement from -1.39 billion yuan in 2023 [6][7]. Group 3: Future Plans - Naxin Micro intends to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international competitiveness and diversify its financing channels [8].

Core Viewpoint - The announcement details the share transfer plan of Suzhou Naxin Microelectronics Co., Ltd., involving the transfer of 4,851,800 shares, which represents 3.40% of the company's total share capital, by certain investment partnerships for funding needs [1][4]. Group 1: Share Transfer Details - The shareholders involved in the transfer are Suzhou Naxin No. 1, No. 2, and No. 3 Information Consulting Partnerships [3]. - The total number of shares to be transferred is 4,851,800, accounting for 3.40% of the total share capital [4]. - The transfer will not occur through centralized bidding or block trading, and the shares acquired through this transfer cannot be sold within six months [3][4]. Group 2: Pricing and Transfer Conditions - The minimum transfer price will be set at no less than 70% of the average trading price over the 20 trading days prior to May 20, 2025 [4]. - The pricing will be determined based on a combination of price priority, quantity priority, and time priority for the bids received [5]. - The transfer is organized by CITIC Securities, which will handle the bidding process [5]. Group 3: Shareholder and Control Information - The transferring parties are not the controlling shareholders or actual controllers of Naxin Micro, and their combined shareholding exceeds 5% [1][2]. - The actual controller has committed that the shares held indirectly through the transferring parties will not participate in this transfer [2]. - There are no risks of control changes or undisclosed significant matters related to the company [5].

证券代码：688052 证券简称：纳芯微 公告编号：2025-027 | 序号 | 股东名称 | 持股数量（股） | 持股占总股本比例 | | --- | --- | --- | --- | | 1 | 苏州纳芯壹号信息咨询合 伙企业（有限合伙） | 3,883,320 | 2.72% | | 2 | 苏州纳芯贰号信息咨询合 伙企业（有限合伙） | 2,094,120 | 1.47% | | 3 | 苏州纳芯叁号信息咨询合 伙企业（有限合伙） | 1,348,200 | 0.95% | 苏州纳芯微电子股份有限公司 股东询价转让计划书 苏州纳芯壹号信息咨询合伙企业（有限合伙）、苏州纳芯贰号信息咨询合伙 企业（有限合伙）、苏州纳芯叁号信息咨询合伙企业（有限合伙）（以下合称"出 让方"）保证向苏州纳芯微电子股份有限公司（以下简称"纳芯微"或"公司"） 提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、 准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 一、拟参与转让的股东情况 （一）出让方的名称、持股数量、持股比例 出让方委托 ...

中信证券股份有限公司 关于苏州纳芯微电子股份有限公司股东 向特定机构投资者询价转让股份 相关资格的核查意见 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 1 中信证券股份有限公司（以下简称"中信证券"）受苏州纳芯微电子股份有 限公司（以下简称"纳芯微"）股东苏州纳芯壹号信息咨询合伙企业（有限合伙）、 苏州纳芯贰号信息咨询合伙企业（有限合伙）、苏州纳芯叁号信息咨询合伙企业 （有限合伙）（以下简称"出让方"）委托，组织实施本次纳芯微首发前股东向 特定机构投资者询价转让（以下简称"本次询价转让"）。 根据《关于在上海证券交易所设立科创板并试点注册制的实施意见》《科创 板上市公司持续监管办法（试行）》《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》《上海证券交易所科创板上市公司自律监管指引第 4 号——询价 转让和配售（2025 年 3 月修订）》（以下简称"《询价转让和配售指引》"）等 相关规定，中信证券对参与本次询价转让股东的相关资格进行核查，并出具本核 查意见。 一、本次询价转让的委托 中信证券收到出让方关于本次询价转让的委托，委托中信证券组织实施本次 询价转让。 二、关于参与本次 ...

《科创板日报》20日讯，纳芯微(688052.SH)公告称，股东苏州纳芯壹号信息咨询合伙企业（有限合 伙）、苏州纳芯贰号信息咨询合伙企业（有限合伙）、苏州纳芯叁号信息咨询合伙企业（有限合伙）计 划转让公司485.18万股股份，占总股本的3.40%。转让原因为自身资金需求。 纳芯微：股东拟合计转让3.4%公司股份 ...