Core Viewpoint - Shanghai Anlu Information Technology Co., Ltd. plans to raise up to 1.262 billion yuan through a private placement of A-shares to invest in advanced FPGA chip R&D and upgrade projects, aiming to strengthen its competitive advantage in the FPGA and FPSoC markets [1][2]. Group 1: Investment and Growth Strategy - The FPGA industry is recovering, with Anlu achieving steady growth in the first three quarters of 2025, entering strategic emerging fields such as intelligent computing centers and automotive electronics [2]. - The financing aims to focus on chip technologies that support applications in emerging fields, creating long-term value for investors [2]. Group 2: Project Focus and Market Demand - The "Flat Process Platform FPGA & FPSoC Chip Upgrade and Industrialization Project" targets market demand and aims to balance chip performance, power consumption, and cost, making FPGA chips a preferred choice for new applications [3]. - The projects will introduce new product models to upgrade specifications in logic scale, performance, and security features, catering to the needs of intelligent computing servers, smart vehicles, and edge computing [3]. Group 3: Company Strengths and Market Position - Anlu is a leading domestic FPGA chip supplier with a strong foundation, having the largest cumulative shipment of domestic FPGA chips and a wide application range [4]. - The company has received 322 intellectual property authorizations, including 124 invention patents, and has a core technical team with over 80% of its workforce in R&D [4]. - Anlu has established a customer network of over 2,000 companies across various industries, particularly in high-growth sectors like power energy and intelligent computing servers, providing a reliable foundation for the new projects [4].

本次向特定对象发行的股票种类为境内上市人民币普通股（A股），每股面值为人民币1.00元。 | | | | | | | -- | | --- | --- | --- | --- | | 序号 | 项目名称 | 投资总额 | 拟投入事集资 | | | | | 金金额 | | | 1 先进工艺平台超大规模 FPGA 芯片研发项目 | 73,522.90 | 72,600.58 | | 2 | 平面工艺平台 FPGA & FPSoC 芯片升级和产业化项目 | 58,805.66 | 53,637.30 | | | 合计 | 132,328.56 | 126,237.88 | 本次发行采取向特定对象发行股票方式，公司将在通过上交所审核并取得中国证监会同意注册后， 在有效期内择机向特定对象发行股票。 本次发行的发行对象为不超过35名（含35名）符合法律法规规定的特定对象，包括证券投资基金管 理公司、证券公司、信托公司、财务公司、资产管理公司、保险机构投资者、合格境外机构投资者以及 其他符合法律法规规定的法人、自然人或其他机构投资者等。证券投资基金管理公司、证券公司、合格 境外机构投资者、人民币合格境外机构投资者以其管理的 ...

近日，国内FPGA芯片领域龙头企业上海安路信息科技股份有限公司（证券代码：688107，证券简称： 安路科技）发布2026年度向特定对象发行A股股票预案，计划募资不超过12.62亿元，聚焦先进工艺平台 超大规模FPGA芯片研发及平面工艺平台产品升级产业化，旨在强化核心技术壁垒，抢抓国产替代战略 机遇，推动企业高质量发展。 FPGA（现场可编程门阵列）作为电子设计领域的"万能芯片"，凭借现场可编程灵活性、并行计算能力 及低延时特性，广泛应用于网络通信、工业控制、数据中心、智驾汽车等关键领域，是支撑国家信息安 全和数字经济发展的战略性核心器件。近年来，国家密集出台政策支持集成电路产业发展，从《关于进 一步全面深化改革推进中国式现代化的决定》到"十五五"规划建议，均明确提出要全链条推动集成电路 领域关键核心技术攻关，为FPGA产业发展提供了坚实政策支撑。 随着6G网络部署、人工智能大模型落地，FPGA在新一代通信、数据中心加速、边缘计算等领域的需求 持续攀升。据MarketsandMarkets预测，2030年全球FPGA市场规模将超190亿美元，2025至2030年复合 增长率达10.5%。但我国FPGA市场长期 ...

Core Viewpoint - Anlu Technology, a leading domestic FPGA chip supplier, plans to issue up to 120 million A-shares to raise no more than 1.262 billion yuan for advanced FPGA chip development and upgrades [1][2]. Group 1: Fundraising and Project Details - The company aims to raise funds for two main projects: the development of ultra-large-scale FPGA chips and the upgrade of existing FPGA and FPSoC chips, with total investments of approximately 735.23 million yuan and 588.06 million yuan respectively [2]. - The total amount raised is intended to enhance the company's R&D capabilities and expand product applications, aiming to catch up with international standards and promote long-term development [2][3]. Group 2: Financial Performance - Anlu Technology reported a loss of 30.85 million yuan in its first year post-IPO in 2021, followed by a profit of 59.83 million yuan in 2022, but faced losses again in 2023 and 2024, with net profits of -197 million yuan and -205 million yuan respectively [3][5]. - Revenue has been declining annually, from 1.042 billion yuan in 2022 to 701 million yuan in 2023, and projected at 652 million yuan for 2024, with only 368 million yuan reported in the first three quarters of 2025 [5]. - The company has been experiencing negative cash flow from operating activities, with a net cash flow of -90.88 million yuan as of September 30, 2025, a significant drop of 332.64% year-on-year [5][6]. Group 3: Market Analysis and Risks - Analysts view the fundraising as a "reverse gamble" given the company's ongoing losses and tight cash flow, indicating a strong commitment from management to technological breakthroughs [6]. - As of September 2025, the company reported inventory valued at 513 million yuan and accounts receivable of 135 million yuan, indicating potential risks of depreciation and bad debts [6].

Group 1 - Company Sanwei Communication announced a partnership to establish a private equity fund with a total investment of 114 million yuan, with the company contributing 25 million yuan, focusing on high-tech industries such as smart manufacturing and new energy [1] - Zijin Mining plans to acquire 100% of Allied Gold Corporation for approximately 280 billion yuan, with core assets including gold mines in Mali and Ivory Coast, and an expected increase in gold production to 25 tons by 2029 [2] - Haike New Source signed a long-term cooperation agreement with BYD Lithium Battery to supply at least 100,000 tons of solvents annually for three years [3] Group 2 - China Aluminum International reported a new contract total of 468.36 billion yuan for 2025, a year-on-year increase of 51.94%, with significant growth in industrial and overseas contracts [4] - Jianxin Co. expects a net loss of 20 to 29 million yuan for 2025, compared to a profit of 19.37 million yuan in the previous year [5] - ST Dongjing anticipates a loss of 40 to 60 million yuan for 2025, an improvement from a loss of 73.45 million yuan in the previous year [6] Group 3 - Zhejiang Haideman plans to raise up to 1.517 billion yuan through a private placement for high-end machine tool projects [7] - Anlu Technology intends to raise up to 1.262 billion yuan for FPGA chip development projects [8][9] - AVIC Chengfei expects a net profit increase of 5.47% to 11.67% for 2025, projecting profits between 3.4 billion and 3.6 billion yuan [10] Group 4 - Hengtong Technology forecasts a net profit increase of 82.95% to 110.05% for 2025, with expected profits between 270 million and 310 million yuan [11] - Qingmu Technology anticipates a net profit increase of 30% to 50% for 2025, projecting profits between 118 million and 136 million yuan [13] - Zhongke Microelectronics expects a loss of 18 to 25 million yuan for 2025, marking a shift from profit to loss [14] Group 5 - Huashan Electric predicts a loss of 42 to 49.2 million yuan for 2025, compared to a loss of 26.77 million yuan in the previous year [15] - Qitian Technology expects a loss of 60 to 95 million yuan for 2025, an improvement from a loss of 214 million yuan in the previous year [16] - Sanyuan Gene announced a plan to reduce its shareholding by up to 2% [17] Group 6 - Zhongxing Junye forecasts a net profit increase of 134.32% to 173.37% for 2025, with expected profits between 300 million and 350 million yuan [18] - Shengshi Technology anticipates a net profit decrease of 50.26% to 64.55% for 2025, projecting profits between 62 million and 87 million yuan [19] - Lante Optical expects a net profit increase of 70.04% to 81.38% for 2025, with projected profits between 375 million and 400 million yuan [20] Group 7 - Dongfang Risen anticipates a loss of 2.3 to 2.9 billion yuan for 2025, compared to a loss of 3.436 billion yuan in the previous year [21] - Wandong Medical announced a change in leadership, electing Wang Jianguo as the new chairman [22] - Longsoft Technology expects a loss of 49 to 60 million yuan for 2025, with projected revenues between 148 million and 164 million yuan [23] Group 8 - Zongyi Co. forecasts a net profit increase of approximately 264.05% for 2025, with expected revenues of around 480 million yuan [24] - Sifang New Materials anticipates a loss of around 300 million yuan for 2025, with projected revenues of about 1 billion yuan [25] - Jiuding New Materials plans to acquire 100% of Jiuding New Energy for 39.51 million yuan [26] Group 9 - Kangyuan Pharmaceutical received approval for clinical trials of a new drug aimed at treating children's ailments [27] - Kaipu Testing announced plans for share reductions by its chairman and vice president [28] - Fengfan Co. intends to acquire 51% of Yanling Jiaye for 382.5 million yuan, with performance commitments for the next three years [29][30] Group 10 - Axin Security received a government subsidy of 6.8 million yuan [31] - Ge Microelectronics announced plans for a share reduction by a major shareholder [32] - ST Yingfit expects a loss of 24 to 31 million yuan for 2025, a reduction from a loss of 40.4 million yuan in the previous year [33] Group 11 - Fujilai forecasts a net profit increase of 282.17% to 296.8% for 2025, with expected profits between 62.7 million and 65.1 million yuan [34] - Huakong Saige anticipates a loss of 97 to 120 million yuan for 2025, a shift from a profit of 17.03 million yuan in the previous year [35] - Landun Optical expects a loss of 70 to 95 million yuan for 2025, compared to a profit of 6.49 million yuan in the previous year [36] Group 12 - ST Zhongji forecasts a loss of 35 to 55 million yuan for 2025, compared to a loss of 231 million yuan in the previous year [37] - Zhongsheng Pharmaceutical expects a profit of 260 to 310 million yuan for 2025, reversing a loss of 299 million yuan in the previous year [38] - Youkeshu reported a net loss of 13.85 million yuan for the first three quarters of 2025 [39] Group 13 - Haosheng Electronics anticipates a net profit decrease of 56.85% to 59.77% for 2025, projecting profits between 69 million and 74 million yuan [40] - Xiangyuan Cultural Tourism plans to withdraw from a low-altitude economic investment fund [41] - Guoen Co. has set a preliminary price range of 34 to 42 HKD for its H-share issuance [42]

| | | 1月26日重要公告精选 | | --- | --- | --- | | 类型 | 公司 | 主要内容 | | 热点 | 德龙汇能 | 不涉及芯片及相关业务 | | | 东方日升 | 光伏产品未直接向商业航天卫星公司供货 | | 项目投资 | 川环科技 | 拟约11亿元投建川环科技(华东)智造总部基地 | | 合同中标 | 山科智能 | 中标智慧水务平台开发项目 | | 业绩换告 | 均胜电子 | 预计2025年归母净利润约13.5亿元,同比增长40.56% | | 股权转让 | 紫金矿业 | 拟收购AlliedGold Corporation 100%股权 | | 回购 | 吉祥航空 | 已实际回购1.67%公司股份 | | 增减持 | 开普检测 | 董事长姚致清拟减持不超过3%股份 | | 其他 | 浙海德曼 | 拟定增募资不超15.17亿元 | | | 特宝生物 | 拟发行可转债募资不超15.33亿元 片脂磨汇 | 【热点】 浙文互联(600986.SH)：旗下"派智"数字人业务产生的收入和利润占公司营业收入和净利润的比例均不到 1%，占比较小 东方日升(300118.SZ)：光伏产品未直接向 ...

安路科技(688107.SH)发布公告，公司拟向特定对象发行股票，募集资金总额预计不超过12.62亿元(含本 数)，扣除发行费用后的募集资金净额拟投资于：先进工艺平台超大规模FPGA芯片研发项目、平面工艺 平台FPGA&FPSoC芯片升级和产业化项目。 ...

智通财经APP讯，安路科技(688107.SH)发布公告，公司拟向特定对象发行股票，募集资金总额预计不 超过12.62亿元(含本数)，扣除发行费用后的募集资金净额拟投资于：先进工艺平台超大规模FPGA芯片 研发项目、平面工艺平台FPGA&FPSoC芯片升级和产业化项目。 ...

根据预案，本次发行股票数量不超过发行前公司总股本的30%，即不超过120,254,810股。发行价格将不低于定价基准日前20个交易日公司股票交易均价的 80%。所有发行对象均以现金方式认购，所认购股份自发行结束之日起六个月内不得转让。 公司表示，本次定增是把握国家集成电路产业战略发展机遇、应对市场需求升级的重要举措。项目实施将有助于公司攻克超大规模FPGA芯片关键技术， 丰富产品矩阵，完善从设计、制造到封装测试的国产化供应链生态建设，从而全面提升公司技术实力、市场竞争力和持续盈利能力，巩固并扩大在国产 FPGA领域的领先地位。 本次募集资金在扣除发行费用后，将全部投向公司主营业务相关的两大科技创新项目： 1、先进工艺平台超大规模FPGA芯片研发项目：拟投入募集资金72,600.58万元。项目旨在基于先进FinFET工艺，研发基于Chiplet（芯粒）技术的超大规 模FPGA芯片系列，以满足下一代无线通信、数据中心、精密仪器、硬件仿真等领域对超高算力和超大规模逻辑单元的需求，追赶国际先进技术水平。 2、平面工艺平台FPGA&FPSoC芯片升级和产业化项目：拟投入募集资金53,637.30万元。项目将升级优化现有 ...

MACD金叉信号形成，这些股涨势不错！ 格隆汇1月26日丨安路科技(688107.SH)公布2026年度向特定对象发行A股股票预案，本次向特定对象发 行股票募集资金总额预计不超过12.62亿元（含本数），扣除发行费用后的募集资金净额拟投资于以下 项目：先进工艺平台超大规模FPGA芯片研发项目、平面工艺平台FPGA&FPSoC芯片升级和产业化项 目。 ...