Market Overview - The net inflow of main funds in the Shanghai and Shenzhen markets reached 27.724 billion yuan, with the Sci-Tech Innovation Board seeing a net inflow of 3.374 billion yuan [1] - A total of 269 stocks experienced net inflows, while 320 stocks faced net outflows [1] Sci-Tech Innovation Board Performance - On the Sci-Tech Innovation Board, 532 stocks rose, with four stocks hitting the daily limit, including Zhengyuan Dixin and Fangyuan Co., while 55 stocks declined [1] - Among the stocks with significant net inflows, 11 stocks had inflows exceeding 100 million yuan, with SMIC leading at 978 million yuan [2] Continuous Fund Flow - There are 27 stocks that have seen continuous net inflows for more than three trading days, with Kangwei Century leading at 13 consecutive days of inflow [2] - Conversely, 180 stocks have experienced continuous outflows, with Hangke Technology facing the longest streak at 14 consecutive days of outflow [2] Top Fund Inflows - The top stocks by net inflow include: - SMIC: 977.8 million yuan, with a flow rate of 9.89% and a price increase of 3.72% [2] - Haiguang Information: 457.1 million yuan, with a flow rate of 5.76% and a price increase of 3.57% [2] - Zhongwei Company: 308.7 million yuan, with a flow rate of 8.48% and a price increase of 2.61% [2] Notable Outflows - The stock with the highest net outflow is Huahong Company, which saw a net outflow of 287 million yuan and a price decrease of 0.62% [1] - Other notable outflows include Dongxin Co. and Jinghe Integration, with net outflows of 178 million yuan and 157 million yuan, respectively [1]

Core Viewpoint - Dongxin Semiconductor Co., Ltd. has shown significant stock price fluctuations and trading activity, reflecting investor interest and market dynamics [1][2]. Group 1: Stock Performance - As of October 21, Dongxin's stock price increased by 2.07% to 99.33 CNY per share, with a trading volume of 296 million CNY and a turnover rate of 0.68%, resulting in a total market capitalization of 43.93 billion CNY [1]. - Year-to-date, Dongxin's stock price has surged by 298.92%, but it has experienced a decline of 0.87% over the last five trading days and a 15.53% drop over the past 20 days [1]. - The stock has risen by 195.62% over the last 60 days, indicating strong long-term performance despite recent short-term volatility [1]. Group 2: Financial Performance - For the first half of 2025, Dongxin reported revenue of 343 million CNY, marking a year-on-year increase of 28.81%, while the net profit attributable to shareholders was -111 million CNY, a decrease of 21.78% compared to the previous year [2]. - Since its A-share listing, Dongxin has distributed a total of 135 million CNY in dividends, with 55.72 million CNY paid out over the last three years [3]. Group 3: Shareholder Composition - As of June 30, 2025, the number of shareholders in Dongxin decreased by 6.27% to 19,100, with an average of 23,160 shares held per shareholder, an increase of 6.69% [2]. - Among the top ten circulating shareholders, notable increases in holdings were observed for several ETFs, including the Jiashi Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF and the Guolian An Zhongzheng All Index Semiconductor Products and Equipment ETF [3].

Core Viewpoint - The company focuses on the research, design, and sales of small to medium capacity NAND Flash, NOR Flash, and DRAM products, which are widely used in various sectors including network communication, security monitoring, consumer electronics, industrial control, and automotive electronics [2] Group 1 - The company reported that the sales prices of its products are currently on an upward trend due to the recovery of downstream demand [2]

Core Viewpoint - Dongxin Co., Ltd. is engaged in the research, design, and sales of small-capacity NAND Flash, NOR Flash, and DRAM products, and currently does not produce GDDR6 products used in the 7G100 series by Lishuan Technology [2] Company Summary - Dongxin Co., Ltd. specializes in small-capacity NAND Flash, NOR Flash, and DRAM product development and sales [2] - The company confirmed that it does not manufacture GDDR6 products for the 7G100 series utilized by Lishuan Technology [2]

Core Viewpoint - Dongxin Co., Ltd. is actively working on its first graphics rendering GPU chip "7G100," focusing on customer sampling, testing optimization, product production, and market promotion [2] Group 1 - Dongxin Co., Ltd. provided updates on its GPU chip development during an investor Q&A session on October 20 [2] - The company is currently engaged in multiple stages of product development, including customer sampling and testing optimization [2] - Market promotion efforts are also underway for the "7G100" GPU chip [2]

（编辑 任世碧） 证券日报网讯 东芯股份10月20日在互动平台回答投资者提问时表示，本次询价转让系股东基于自身资 金需求所实施，严格遵循相关监管规定。公司大股东及管理团队对公司长期发展和行业前景保持坚定信 心，核心战略推进有序。公司将持续聚焦技术创新与市场拓展，不断提升核心竞争力，致力于为股东创 造长期价值。 ...

Core Viewpoint - Dongxin Co., Ltd. (688110.SH) is engaged in the research, design, and sales of small to medium capacity NAND Flash, NOR Flash, and DRAM products, and currently does not produce GDDR6 products used in the 7G100 series by Lishuan Technology [1] Group 1 - The company specializes in NAND Flash, NOR Flash, and DRAM products [1] - The company does not have production capabilities for GDDR6 products [1]

Core Viewpoint - The company has received inquiries from investors regarding the status of its production, specifically whether it has commenced mass production as previously advertised for September. The company has indicated that it is currently focused on customer testing, industrialization, and the development of new products, with progress aligning with expectations [2]. Group 1 - Investors have expressed concerns about the company's commitment to its previously announced mass production timeline for September [2]. - The company, Dongxin Co., Ltd. (688110.SH), has stated that its current focus is on key areas such as customer testing validation, industrialization advancement, and the iteration of next-generation products [2]. - The overall progress of the company's work is reported to be in line with expectations, and stakeholders are encouraged to monitor official announcements and periodic reports for further updates [2].

Group 1 - The company held its third extraordinary general meeting of shareholders on October 16, 2025, in Shanghai, with a total share capital of 442,249,758 shares, of which 7,509,673 shares were in the repurchase account and did not have voting rights [2][4] - All resolutions presented at the meeting were approved, including the 2025 Restricted Stock Incentive Plan and the 2025 Stock Appreciation Rights Incentive Plan [5][6] - The meeting was conducted in accordance with relevant laws and regulations, and was presided over by the chairman, Mr. Jiang Xueming, with legal witnesses present [3][8] Group 2 - The company approved the grant of 324,000 stock appreciation rights to 7 incentive objects at an exercise price of RMB 82.05 per share, with the grant date set for October 16, 2025 [12][22] - The stock appreciation rights represent approximately 0.07% of the company's total share capital at the time of the incentive plan announcement [13] - The company confirmed that all conditions for granting the stock appreciation rights were met, and the incentive objects were eligible under relevant regulations [17][22] Group 3 - The company also approved the grant of 899,800 restricted shares to 141 incentive objects at the same exercise price of RMB 82.05 per share, with the grant date also set for October 16, 2025 [39][41] - The restricted shares represent approximately 0.20% of the company's total share capital at the time of the incentive plan announcement [41] - The company ensured that all granting conditions were satisfied and that the incentive objects met the necessary qualifications [45][50] Group 4 - The company disclosed that the stock appreciation rights and restricted stock plans are designed to enhance employee motivation and align their interests with those of shareholders [26][51] - The accounting treatment for the stock appreciation rights and restricted shares will follow the relevant accounting standards, with expected impacts on the company's financial results being minimal [24][51] - Legal and independent financial advisors confirmed that the incentive plans comply with applicable regulations and have received the necessary approvals [52][53] Group 5 - The company reported a share transfer involving 13,267,492 shares at a price of RMB 82.50 per share, which will not affect the control of the company [58][59] - The transfer was conducted by major shareholders, ensuring that the company's governance structure remains stable [58][59]

（编辑 任世碧） 证券日报网讯 10月16日晚间，东芯股份发布公告称，公司于2025年10月16日召开第三届董事会第五次 会议，审议通过了《关于向2025年限制性股票激励计划激励对象授予限制性股票的议案》，确定2025年 10月16日为授予日，以人民币82.05元/股的授予价格向141名激励对象授予89.98万股限制性股票。 ...