每经AI快讯，纳芯微（SH 688052，收盘价：176.59元）10月30日晚间发布公告称，报告期内，公司计 提各项减值准备共计5467.41万元，共计减少2025年前三季度归属于母公司所有者的净利润5467.41万 元，并相应减少报告期末归属于母公司的所有者权益5467.41万元。 2024年1至12月份，纳芯微的营业收入构成为：集成电路占比99.31%，其他业务占比0.69%。 截至发稿，纳芯微市值为252亿元。 每经头条（nbdtoutiao）——多地出现"负电价"，既然卖电"不挣钱"，为何电厂不愿停机？ （记者 胡玲） ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-044 苏州纳芯微电子股份有限公司 关于修订H股发行上市后适用的《公司章程（草案）》 及相关议事规则（草案）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。 2025 年 10 月 30 日，苏州纳芯微电子股份有限公司（以下简称"公司"）召 开了第三届董事会第二十次会议，审议通过《关于修订公司于 H 股发行上市后 适用的<公司章程（草案）>及相关议事规则（草案）的议案》，现将具体情况公 告如下： 一、公司章程修订情况 根据《中华人民共和国公司法》《上市公司章程指引》等规定，由董事会审 计委员会行使监事会的相关职权，公司拟取消监事会及监事设置，《监事会议事 规则》不再施行。同时为进一步完善公司法人治理结构，促进公司规范运作，根 据《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》《上海 证券交易所科创板股票上市规则》等法律、法规、规范性文件的最新规定，结合 公司董事会结构调整以及取消监事会等实际情况，公司拟 H 股发行上市后适用 的对《公司章程（ ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-048 一、计提减值准备的情况概述 根据《企业会计准则》及公司会计政策的相关规定，为真实、公允地反映公 司 2025 年 9 月 30 日的财务状况及 2025 年前三季度的经营成果，公司对合并范围 内的相关资产进行了全面清查，基于谨慎性原则，对预计存在较大可能发生减值 损失的相关资产计提了减值准备。 具体情况如下： 单位：人民币万元 | 序号 | 项目 | 发生额 | 备注 | | --- | --- | --- | --- | | 1 | 信用减值损失 | -6.16 | 应收票据坏账准备 | | 2 | 信用减值损失 | 465.17 | 应收账款坏账准备 | | 3 | 信用减值损失 | -208.65 | 其他应收款坏账准备 | | 4 | 资产减值损失 | 5,217.05 | 存货跌价准备 | | | 合计 | 5,467.41 | | 二、计提减值准备事项的具体说明 （一）信用减值损失 根据《企业会计准则》及公司会计政策，对于应收款项，公司以单项金融工 具或金融工具组合为基础评估预期信用风险和计量预期信用损失。经测试，2025 苏州 ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-043 苏州纳芯微电子股份有限公司 关于取消公司监事会、修订《公司章程》、修订及制 定公司部分治理制度的公告 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。 苏州纳芯微电子股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日召 开第三届董事会第二十次会议，审议通过了《关于取消公司监事会并修订<公司 章程>的议案》《关于修订及制定公司部分治理制度的议案》。现将具体情况公 告如下： 一、取消监事会及《公司章程》修订情况 为进一步完善公司治理结构，提升公司规范运作水平，根据《中华人民共和 国公司法》《上市公司章程指引》等法律法规、规范性文件的最新规定，结合公 司自身实际情况，公司拟不再设立监事会，《公司法》规定的监事会法定职权由 董事会审计委员会承接，公司《监事会议事规则》相应废止，并对《公司章程》 中部分条款进行修订，具体修订内容详见《附件 1：<公司章程>修订对照表》。 二、公司部分治理制度修订及制定情况 为进一步促进公司规范运作，建立健全内部治理 ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-047 苏州纳芯微电子股份有限公司 关于召开2025年第三次临时股东大会的通知 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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2025年第三次临时股东大会 召开日期时间：2025 年 11 月 17 日 15 点 00 分 召开地点：公司会议室（苏州工业园区东荡田巷 9 号） （五） 网络投票的系统、起止日期和投票时间。 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互 股东大会召开日期：2025年11月17日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 联网投票平台的投票时间为股东大会召开当日 ...

Revenue and Profit - The company's revenue for the third quarter reached ¥841,887,284.13, representing a year-on-year increase of 62.81%[4] - The total profit for the period was a loss of ¥68,087,572.53, with a year-to-date loss of ¥157,689,030.24[4] - The net profit attributable to shareholders was a loss of ¥62,475,789.11 for the quarter, and a loss of ¥140,485,775.93 year-to-date[4] - Total operating revenue for the first three quarters of 2025 reached ¥2,365,552,063.25, a significant increase of 73.4% compared to ¥1,365,982,392.11 in the same period of 2024[19] - The net loss for the first three quarters of 2025 was ¥140,485,706.56, an improvement from a net loss of ¥407,703,477.74 in the same period of 2024[21] - The total comprehensive loss for the first three quarters of 2025 was ¥138,678,527.85, an improvement from a loss of ¥406,835,143.25 in the same period of 2024[21] Research and Development - Research and development expenses totaled ¥200,357,373.99, accounting for 23.80% of revenue, a decrease of 10.32 percentage points compared to the previous year[5] - Research and development expenses increased to ¥561,639,953.25, representing a rise of 13.3% from ¥495,661,908.26 year-over-year[19] - Research and development expenses increased to ¥553,116,829.05 in the first three quarters of 2025, up 17.8% from ¥469,663,751.57 in the same period of 2024[27] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥512,386,117.90 year-to-date, compared to -¥1,657.83 in the previous year[4] - Operating cash inflow for the first three quarters of 2025 reached ¥2,471,725,513.20, a significant increase from ¥1,446,052,919.36 in the same period of 2024, representing an increase of approximately 71.1%[22] - Net cash flow from operating activities turned negative at -¥512,386,117.90 for the first three quarters of 2025, compared to a positive cash flow of ¥32,890,938.56 in 2024[23] - Total cash and cash equivalents at the end of Q3 2025 were ¥619,861,445.38, down from ¥1,552,903,264.75 at the end of 2024, indicating a decrease of approximately 60%[23] - The company's net cash flow from operating activities for the first three quarters of 2025 was -¥642,781,144.39, compared to -¥4,740,612.50 in the first three quarters of 2024, indicating a worsening cash flow situation[29] - The company reported cash and cash equivalents of ¥408,419,106.19 at the end of the first three quarters of 2025, down from ¥1,406,718,883.60 at the end of the same period in 2024[30] Assets and Liabilities - Total assets increased slightly to ¥7,684,034,984.12, a change of 0.14% from the previous year[5] - Total current assets as of September 30, 2025, amount to ¥4,490,387,255.62, a decrease from ¥4,688,152,142.15 at the end of 2024[15] - Total liabilities amounted to ¥1,804,121,610.15, compared to ¥1,726,461,672.37 in the previous year, indicating a growth of 4.5%[20] - Total assets as of September 30, 2025, were ¥7,325,781,710.21, a slight increase from ¥7,248,069,939.10 at the end of 2024[26] - Current assets decreased to ¥4,298,347,141.59 in Q3 2025 from ¥4,497,809,234.20 in 2024, reflecting a decline of approximately 4.4%[25] - Total liabilities increased to ¥1,321,589,308.45 in Q3 2025 from ¥1,133,401,812.56 in 2024, marking an increase of about 16.6%[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,215[12] - The largest shareholder, Wang Shengyang, holds 15,487,920 shares, representing 10.87% of total shares[13] - The total number of shares held by the top 10 shareholders is significant, with the top three shareholders being Wang Shengyang, Sheng Yun, and Wang Yifeng, who are also acting in concert[13] Financial Performance Metrics - The weighted average return on equity improved by 1.26 percentage points to -1.06% for the quarter[5] - The company reported a basic and diluted earnings per share of -¥0.99 for the first three quarters of 2025, improving from -¥2.86 in the same period of 2024[21] - Other comprehensive income after tax for the first three quarters of 2025 was ¥1,807,178.71, compared to ¥868,334.49 in the previous year[21] - The company's financial expenses for the first three quarters of 2025 were ¥6,359,112.78, a significant change from a financial income of -¥24,805,892.45 in the same period of 2024[27] - The company recorded a total investment income of ¥25,346,134.55 in the first three quarters of 2025, slightly up from ¥24,828,391.89 in the same period of 2024[27] Inventory and Capital - Inventory has increased to ¥1,266,553,766.92 from ¥832,554,605.23[15] - The company reported a significant increase in inventory, which rose to ¥1,107,189,830.18 in Q3 2025 from ¥692,285,661.82 in 2024, representing an increase of about 60%[25] - The company's capital reserve rose to ¥6,235,590,477.99 in Q3 2025, compared to ¥6,164,127,766.70 in 2024, an increase of approximately 1.2%[26] Investment Activities - Cash inflow from investment activities for the first three quarters of 2025 was ¥7,163,569,250.80, slightly down from ¥7,987,336,977.12 in 2024, a decrease of about 10.3%[23] - Net cash flow from investment activities improved to ¥151,135,549.76 in 2025, compared to a negative cash flow of -¥147,690,607.68 in 2024[23] - The cash outflow from investing activities in the first three quarters of 2025 was ¥6,904,545,043.30, compared to ¥8,093,181,004.74 in the same period of 2024, indicating a decrease of 14.6%[30] Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year of first implementation[31]

苏州纳芯微电子股份有限公司监事会 关于作废 2022 年及 2023 年限制性股票激励计划 部分限制性股票的核查意见 苏州纳芯微电子股份有限公司监事会 2025 年 10 月 30 日 根据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民共和 国证券法》（以下简称"《证券法》"）《上市公司股权激励管理办法》（以下简 称"《管理办法》"）《上海证券交易所科创板股票上市规则》（以下简称"《上 市规则》"）《科创板上市公司自律监管指南第 4 号——股权激励信息披露》等 法律法规及《苏州纳芯微电子股份有限公司 2022 年限制性股票激励计划（草案）》 （以下简称"《2022 年激励计划》"）《苏州纳芯微电子股份有限公司 2023 年限 制性股票激励计划（草案）》（以下简称"《2023 年激励计划》"）《苏州纳芯 微电子股份有限公司章程》（以下简称"《公司章程》"）的规定，苏州纳芯微电 子股份有限公司（以下简称"公司"）监事会对公司作废 2022 年及 2023 年限制性 股票激励计划部分限制性股票相关事项进行审核，发表核查意见如下： 2 根据《管理办法》、《2022 年激励计划》及《2022 年限制性股票 ...

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、准确性和完整性依法承担法律责任。 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"）第三届监事会第二十次 会议于 2025 年 10 月 30 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 10 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》（以下简称"《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，会议形成如下决议： 二、监事会会议审议情况 （一）审议通过《关于公司<2025 年第三季度报告>的议案》 证券代码：688052 证券简称：纳芯微 公告编号：2025-042 苏州纳芯微电子股份有限公司 第三届监事会第二十次会议决议公告 表决结果：同意票 3 票，反对票 0 票，弃权票 0 票。 具体内容详见同日在上海证券交易所网站（www.sse.com.cn）上披露的《 ...

资本聚集，人才回流 对于中国芯片企业而言，日子并不总是好过的。王升杨表示，在2018年之前，全球模拟芯片行业已进入 成熟阶段，工艺迭代速度放缓，行业整合加剧，而中国企业却很难进入这一领域——因为模拟芯片的技 术壁垒高，且外资企业已建立起完善的供应链和客户体系。 2018年之后，美国将芯片作为"制裁工具"，更让中国企业意识到供应链安全的重要性，车企、工业设备 厂商等下游客户开始主动推动芯片国产化，这为中国芯片企业提供了市场机会。王升杨明显感受到，资 本开始向芯片领域聚集，人才回流趋势明显，这些因素共同推动了国产化进程。 "现在应届生的就业取向也发生了变化。"王升杨说，他们自己毕业时，外企是很多人的第一选择，而现 在越来越多的应届生优先选择中国本土科技企业，这反映出中国企业的吸引力在提升，也是当下人才流 动的重要趋势。 国家最新的顶层设计，还在持续为国产化趋势和中国科技的自立自强加注燃料。 作为汽车模拟芯片龙头，纳芯微CEO王升杨当前的乐观，并不仅仅因为个性使然。 纳芯微发布的2025年半年报显示，上半年公司实现营业收入约15.24亿元，同比大增79.49%。其中，汽 车电子业务收入占三成以上，累计汽车芯片出货量 ...

Core Viewpoint - Naxin Micro (688052.SH) has re-applied for listing on the Hong Kong Stock Exchange after a previous application lapsed in April 2025, aiming to raise funds for enhancing technology capabilities, expanding product offerings, and international market promotion [1][4]. Group 1: Company Overview - Naxin Micro, established in 2013, is a leading provider of analog chips in China, focusing on sensor products, signal chain chips, and power management chips [4][8]. - The company was previously known as the "super fundraising king" after raising approximately 5.58 billion yuan during its A-share IPO in April 2022, significantly exceeding its initial target of 750 million yuan [4][5]. Group 2: Financial Performance - Naxin Micro's revenue for the years 2022 to 2025 (first half) was reported as 1.67 billion yuan, 1.31 billion yuan, 1.96 billion yuan, and 1.52 billion yuan respectively, indicating overall revenue growth [9]. - However, the company recorded net losses of 250 million yuan in 2022, 305 million yuan in 2023, 403 million yuan in 2024, and 78.01 million yuan in the first half of 2025, totaling a cumulative loss of 458 million yuan over three years [9][10]. Group 3: Market Position and Strategy - Naxin Micro ranks fifth among Chinese manufacturers in the analog chip market by revenue in 2024 and is the leading company in the automotive analog chip sector [8][9]. - The company plans to increase R&D investment, expand its product range, and enhance international market operations while maintaining a focus on key customer collaborations [9][10]. Group 4: Profitability and Margin Trends - The gross margin of Naxin Micro decreased from 48.5% in 2022 to 33.9% in 2023, further declining to 28% in 2024, representing a drop of 20.5 percentage points [10]. - The company attributes the decline in gross margin to intensified market competition and necessary price adjustments to maintain competitiveness, although a recovery to 32.9% is expected in the first half of 2025 due to increased market demand and strategic product optimization [10].