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 ...

纳芯微公告，苏州纳芯壹号信息咨询合伙企业、苏州纳芯贰号信息咨询合伙企业、苏州纳芯叁号信息咨 询合伙企业拟通过询价转让方式转让485.18万股，占公司总股本的3.40%。本次询价转让不通过集中竞 价交易或大宗交易方式进行，受让方为具备相应定价能力和风险承受能力的机构投资者，受让后6个月 内不得转让。 ...

Core Viewpoint - The automotive industry is experiencing a dual transformation of electrification and intelligence, with smart cockpits and smart driving as key development routes. The integration of advanced technologies, including high-definition screens and various sensors, is enhancing user experience in vehicles. A critical component in this evolution is the in-vehicle SerDes technology, which is becoming increasingly important [1][2]. Summary by Sections Section 1: Overview of SerDes Technology - SerDes, short for Serializer Deserializer, is an electronic circuit that converts serial data to parallel data and vice versa. It consists of a serializer that converts parallel data into serial data and a deserializer that performs the reverse operation. The demand for SerDes in the automotive sector is surging due to the rapid development of smart cockpits and smart driving technologies [2][3]. Section 2: Market Dynamics and Challenges - The market for in-vehicle SerDes is currently dominated by overseas companies like TI and ADI, which have established high barriers to entry through proprietary protocols. The FPD-Link standard, created in 1996, and GMSL, introduced in 2008, are examples of technologies that have shaped the competitive landscape in automotive camera signal transmission [3][4]. Section 3: Challenges Faced by Domestic Manufacturers - Domestic manufacturers face significant challenges, including the lack of supply chain flexibility due to the proprietary nature of mainstream SerDes protocols. The current mainstream rates for SerDes range from 1 Gbps to 6.4 Gbps, with future upgrades expected to increase these rates, posing additional technical challenges [4][5]. Section 4: Advantages of Domestic Players - Domestic company Naxin Micro has several advantages in the SerDes market, including a mature automotive regulatory system, a fully domestic supply chain, and a comprehensive product offering that supports both electrification and intelligence in vehicles. Naxin Micro is focusing on the HSMT protocol to enter the SerDes market [7][8]. Section 5: HSMT Protocol and Competitive Edge - The HSMT protocol, promoted by domestic manufacturers, offers advantages over other protocols like MIPI A-PHY, including better error correction capabilities and support for physical layer retransmission. This protocol is gaining traction among domestic automakers, enhancing Naxin Micro's confidence in the market [10][11]. Section 6: Product Launch and Features - Naxin Micro has launched its first automotive-grade SerDes chip set, including the NLS9116 serializer and NLS9246 deserializer, designed for high-speed data transmission in ADAS and smart cockpit systems. These chips feature enhanced performance metrics, including a 100% improvement in receiver tolerance compared to international competitors [13][15]. Section 7: Future Outlook - Naxin Micro plans to expand its product offerings to cover a range of speeds and applications, including future developments in PAM-4 technology for higher data rates. The company aims to address the growing demand in the automotive sector while also considering applications in security and robotics [17][21].

苏州纳芯微电子股份有限公司于2025年5月20日发布公告，披露股东减持计划时间届满暨减持股份结 果。此次涉及减持的股东包括苏州国润瑞祺创业投资企业（有限合伙）（简称"国润瑞祺"）、深圳市慧 悦成长投资基金企业（有限合伙）（简称"慧悦成长"）、苏州华业致远一号创业投资合伙企业（有限合 伙）（简称"苏州华业"）及其一致行动人长沙华业高创私募股权基金合伙企业（有限合伙）（简称"长 沙华业"）。 减持计划实施前，国润瑞祺直接持有公司股份2,015,372股，占公司股份总数的1.41%；慧悦成长直接持 有3,684,711股，占比2.59%；苏州华业直接持有1,085,602股，占比0.76%；长沙华业直接持有890,580 股，占比0.62%。这些股份均于公司首次公开发行前取得，以及通过公司实施资本公积转增股本取得， 并已于2023年4月24日起上市流通。 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行 ...