证券代码：688052 证券简称：纳芯微 公告编号：2025-006 苏州纳芯微电子股份有限公司 第三届监事会第十五次会议决议公告 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法律责任。 一、监事会会议召开情况 苏州纳芯微电子股份有限公司（以下简称"公司"）第三届监事会第十五次 会议于 2025 年 3 月 26 日在公司会议室以现场及通讯会议相结合的方式召开，会 议已于 2025 年 3 月 21 日及 2025 年 3 月 24 日以通讯方式发出会议通知。会议应 出席监事 3 名，实际出席监事 3 名，会议由严菲女士主持，会议的召集、召开、 表决程序符合《中华人民共和国公司法》和《苏州纳芯微电子股份有限公司章程》 （以下简称"公司章程"）的相关规定，所作决议合法有效。经与会监事表决， 二、监事会会议审议情况 （一）审议通过《关于公司发行 H 股股票并在香港联合交易所有限公司上 市的议案》 经审议，为进一步提高公司综合竞争力，深入推进公司的国际化战略，同时 更好地利用国际资本市场，多元化融资渠道，根据《中华人民共和国公司法》《中 华 ...

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。 一、董事会会议召开情况 苏州纳芯微电子股份有限公司（以下简称"公司"）第三届董事会第十五次 会议于 2025 年 3 月 26 日在公司会议室以现场及通讯会议相结合的方式召开，会 议已于 2025 年 3 月 21 日及 2025 年 3 月 24 日以通讯方式发出会议通知。会议应 出席董事 9 名，实际出席董事 9 名，会议由王升杨先生主持，会议的召集、召开、 表决程序符合《中华人民共和国公司法》和《苏州纳芯微电子股份有限公司章程》 （以下简称"公司章程"）的相关规定，所作决议合法有效。经与会董事表决， 会议形成如下决议： 二、董事会会议审议情况 证券代码：688052 证券简称：纳芯微 公告编号：2025-005 苏州纳芯微电子股份有限公司 第三届董事会第十五次会议决议公告 （一）审议通过《关于修订〈公司章程〉的议案》 经审议，为进一步完善公司治理结构及机制，结合公司的实际情况及需求， 董事会同意公司将董事会成员中非独立董事人数由 6 名调整为 5 名，独立董事人 数由 3 ...

Core Viewpoint - Naxin Micro has launched the automotive-grade CAN transceiver chip NCA1145B-Q1, which meets the Volkswagen Group's VW80121-3 and 2023-12 standards, facilitating system certification for automotive manufacturers and accelerating product market entry [1] Group 1 - The NCA1145B-Q1 chip supports automotive manufacturers in simplifying their system certification processes [1] - Naxin Micro is now able to provide relevant testing reports for the NCA1145B-Q1 chip [1] - The introduction of this chip is expected to expedite the product launch timeline for automotive manufacturers [1]

Core Viewpoint - Naxin Micro has announced the launch of the NSIP984x and NSIP954x series, which are integrated isolation power four-channel digital isolators, representing a comprehensive upgrade from the NSIP8xxx series [1] Product Details - The NSIP984x and NSIP954x series will be available in both industrial and automotive grades, with operating temperature ranges from -40℃ to 125℃ [1] - The new series is set to enter full-scale production soon [1]

Financial Performance - Total revenue for 2024 reached RMB 196,067.96 million, a year-on-year increase of 49.56%[6] - Net profit attributable to the parent company was RMB -40,294.61 million, with a basic earnings per share of RMB -2.83[6][7] - Total assets at the end of 2024 were RMB 766,908.79 million, reflecting a year-on-year growth of 7.17%[6] - Equity attributable to the parent company decreased by 4.31% to RMB 593,899.56 million[6] - The net asset value per share attributable to the parent company decreased by 4.32% to RMB 41.67[6] Market Conditions - The company's gross margin faced pressure due to intensified market competition and overall macroeconomic conditions[7] - The automotive electronics sector showed robust demand, contributing to revenue growth[7] Expenses and Investments - Increased investments in R&D, market expansion, and supply chain management led to higher sales, management, and R&D expenses[7] - The company recorded a significant increase in credit impairment losses and asset impairment losses compared to the previous year[7] Risk Disclosure - The company cautioned investors about potential risks related to the preliminary financial data, which is unaudited[9]

Core Viewpoint - Naxin Micro has launched the integrated magnetic chip (IMC) automotive angle sensor chip MT652x series, which enhances precision in angle position and linear displacement detection [1] Group 1: Product Features - The MT652x series chips provide excellent multi-plane angle position and linear displacement detection capabilities [1] - These chips comply with AEC-Q100 Grade-0 automotive standards and ISO26262 ASIL B functional safety standards, ensuring accurate measurement of position changes [1] Group 2: Applications - The MT652x series chips offer real-time and reliable position information for critical automotive components such as accelerator pedals, steering wheel angles, electronic shifters, and various valve control systems [1] - The implementation of these chips aids in achieving more precise tuning of vehicle control systems, thereby enhancing driving safety and comfort [1]

该系列产品通过集成先进的磁性传感敏感单元与ASIC技术，能够精准监测车轮转速，为防抱死制动系 统（ABS）、车身电子稳定系统（ESP）以及电动转向助力系统（EPS）等控制系统提供了有力支持， 显著提升了车辆在复杂工况下的安全性和稳定性。 证券时报e公司讯，近日，纳芯微宣布推出全新基于AMR（各向异性磁阻技术）的轮速传感器NSM41xx 系列。 ...

Investment Rating - The report maintains a "Buy" rating for the company [6] Core Views - The company's 24Q4 performance is expected to continue improving, with a projected revenue of 5.34~6.34 billion yuan, representing a year-on-year growth of 72.20%~104.45% and a quarter-on-quarter growth of 3.27%~22.61% [1][2] - The company is expected to achieve a revenue of 19~20 billion yuan in 2024, a year-on-year increase of 44.94%~52.56%, driven by robust demand in the automotive electronics sector, with automotive chip shipments exceeding 270 million units and automotive business revenue accounting for over 35% [1] - The company's net profit attributable to the parent company is expected to be -4.4~-3.6 billion yuan in 2024, with a year-on-year reduction of 0.55~1.35 billion yuan, primarily due to macroeconomic factors and intensified market competition leading to pricing pressure and a decline in gross margin [1] Financial Performance and Projections - The company's revenue for 2024 is projected to be 19.20 billion yuan, with a growth rate of 46.5%, and is expected to reach 28.42 billion yuan in 2025 and 35.81 billion yuan in 2026 [12] - The net profit attributable to the parent company is forecasted to be -3.99 billion yuan in 2024, 0.35 billion yuan in 2025, and 2.02 billion yuan in 2026, with growth rates of -30.6%, 108.7%, and 482.4% respectively [12] - The company's gross margin is expected to be 33.2% in 2024, 37.0% in 2025, and 39.6% in 2026 [11] Business Development and Strategy - The company has expanded its product portfolio in the automotive market, covering applications such as thermal management, battery packs, and smart cabins, with new products like LED drivers for automotive headlights and ABS wheel speed sensors expected to be launched by 2025 [4] - The company has completed the acquisition of MagnTek, holding 100% of its shares, and has entered into a strategic partnership with Continental AG to develop automotive pressure sensor chips [4] - The company has launched the NS800RT series of real-time control MCUs, targeting applications in photovoltaic/storage inverters, industrial automation, and collaborative robots, with a focus on high-quality, high-performance, and supply chain reliability [10] Market Position and Competitive Advantage - The company has established core technologies in multiple fields, including sensors, signal chains, power management, and third-generation power semiconductors, with a continuous expansion of product offerings and accelerated market penetration of competitive new products [12] - The company's real-time control MCUs are positioned to avoid homogenized competition due to the high barriers to entry in terms of quality, performance, and supply chain requirements, with a domestic market penetration rate significantly lower than the average 10% for automotive chips [10]

Financial Projections - The company expects to achieve operating revenue of between 1,900 million and 2,000 million yuan in 2024, representing a year-on-year increase of 44.94% to 52.56%[3]. - The projected net profit attributable to the parent company for 2024 is expected to be between -440 million and -360 million yuan, a decrease of 5,466.52 million to 13,466.52 million yuan compared to the previous year[3]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between -490 million and -410 million yuan, a decrease of 1,687.93 million to 9,687.93 million yuan year-on-year[3]. Revenue Drivers - The increase in operating revenue is primarily driven by robust demand in the automotive electronics sector and improvements in the consumer electronics market[6]. Margin and Competition - The company anticipates a decline in gross margin due to increased market competition and pressure on product pricing[6]. Expenses and Investments - Research and development, market expansion, and supply chain investments have led to an increase in sales, management, and R&D expenses[7]. - The company recorded a decrease of approximately 69.44% in share-based payment expenses compared to the previous year, amounting to about 67.56 million yuan[8]. Impairment and Losses - The company has made provisions for impairment losses on assets, resulting in significant growth in credit and asset impairment losses compared to the previous year[9]. Audit and Risks - The performance forecast has not been audited by registered accountants and is subject to change[10]. - Investors are advised to pay attention to investment risks as the data provided is preliminary and will be finalized in the official annual report[11].

芯片股17日盘中强势拉升，截至发稿，圣邦股份、清溢光电20%涨停，芯朋微、和林微纳涨超15%，纳 芯微、杰华特、虹软科技等涨超10%，生益科技、康强电子、瑞芯微等亦涨停。 消息面上，昨日，商务部新闻发言人就国内有关芯片产业反映自美进口成熟制程芯片低价冲击国内市场 事答记者问。商务部发言人表示，国内有关芯片产业反映，一段时间以来，拜登政府对芯片行业给予了 大量补贴，美企业因此获得了不公平竞争优势，并对华低价出口相关成熟制程芯片产品，损害了中国国 内产业的合法权益。中国国内产业的担忧是正常的，也有权提出贸易救济调查申请。对于国内产业的申 请及诉求，调查机关将按照中国相关法律法规，遵循世贸组织规则进行审查，并将依法启动调查。 此外，中国半导体行业协会昨日发文称，近期，业界向中国商务部反映，国内有关成熟制程芯片产业正 面临来自美国进口产品的不公平竞争挑战，有申请反倾销反补贴调查的诉求。一段时间以来，美拜登政 府对本国芯片行业施以巨额补贴，使得美企在市场竞争中占据不平等优势，并以低价向中国出口芯片产 品，严重损害了中国国内产业的合法权益。 半导体产业的稳健发展，离不开一个公平竞争的市场环境。我们坚定支持在中国发展的内外 ...