证券代码：688110 证券简称：东芯股份 公告编号：2025-031 东芯半导体股份有限公司 关于董事会换届完成及聘任高级管理人员与 证券事务代表的公告 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。 东芯半导体股份有限公司（以下简称"公司"）于2025年5月15日召开2024年 年度股东大会，审议通过了《关于董事会换届选举第三届董事会非独立董事的议 案》《关于董事会换届选举第三届董事会独立董事的议案》，选举产生了公司第 三届非独立董事与独立董事，任期自股东大会审议通过之日起三年。 同日，公司召开了第三届董事会第一次会议，审议通过了《关于选举第三届 董事会董事长的议案》《关于选举董事会专门委员会委员、召集人的议案》《关 于聘任总经理的议案》《关于聘任副总经理的议案》《关于聘任财务总监的议案》 《关于聘任董事会秘书的议案》《关于聘任证券事务代表的议案》。 现将公司董事会换届选举、聘任高级管理人员与证券事务代表的具体情况公 告如下： 一、第三届董事会组成情况 公司第三届董事会由9名董事组成，其中非独立董事6名、独立董事3名， ...

北京德恒（深圳）律师事务所 关于东芯半导体股份有限公司 2024 年年度股东大会的 法律意见 深圳市福田区金田路 4018 号安联大厦 B 座 11 层 电话：0755-88286488 传真：0755-88286499 邮编：518038 北京德恒（深圳）律师事务所 关于东芯半导体股份有限公司 2024 年年度股东大会的法律意见 北京德恒（深圳）律师事务所 致：东芯半导体股份有限公司 东芯半导体股份有限公司（以下简称"公司"）2024 年年度股东大会（以下简称 "本次股东大会"）于 2025 年 5 月 15 日（星期四）召开。北京德恒（深圳）律师事务 所（以下简称"德恒"或"本所"）受公司委托，指派何雪华律师、王蕾律师（以下简 称"本所律师"）列席了本次股东大会。根据《中华人民共和国证券法》（以下简称"《证 券法》"）《中华人民共和国公司法》（以下简称"《公司法》"）《上市公司股东会 规则》（以下简称"《股东会规则》"）等法律、行政法规、部门规章、规范性文件和 《东芯半导体股份有限公司章程》（以下简称"《公司章程》"）的规定，本所律师就 本次股东大会的召集、召开程序、出席会议人员资格、表决程序、表决结果等 ...

证券代码：688110 证券简称：东芯股份 公告编号：2025-030 东芯半导体股份有限公司 2024年年度股东大会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 5 月 15 日 （二） 股东大会召开的地点：上海市青浦区徐泾镇诸光路 1588 弄虹桥世界中心 L4A-F5 东芯半导体股份有限公司会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 90 | | --- | --- | | 普通股股东人数 | 90 | | 2、出席会议的股东所持有的表决权数量 | 178,323,618 | | 普通股股东所持有表决权数量 | 178,323,618 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 41.1334 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例 ...

Core Viewpoint - The storage chip market is experiencing a structural transformation driven by AI technology, with domestic manufacturers like Dongxin Co. striving for self-research and development to meet local demand and enhance competitiveness [2][3]. Industry Overview - Major NAND manufacturers, including Samsung, SK Hynix, Micron, Western Digital, and Kioxia, have implemented production cuts since Q4 2024 to address oversupply, leading to a tightening supply that is expected to drive up storage chip prices in Q1 2025 [1]. - The global semiconductor market is projected to reach approximately $626.87 billion in 2024, with the storage chip market expected to grow to about $167.05 billion, reflecting an 81% year-on-year increase [3]. Company Performance - Dongxin Co. reported a revenue of 641 million yuan for 2024, a year-on-year increase of 20.80%, while the net profit attributable to shareholders was a loss of 167 million yuan, narrowing by 45.42% [3]. - In Q1 2025, the company achieved a revenue of 142 million yuan, representing a year-on-year growth of 33.90%, although it still faced a net loss of approximately 59.24 million yuan due to rising R&D and financial expenses [3]. Future Growth Drivers - The company is focusing on integrated technology innovation in the "storage, computing, and connectivity" domain, aiming to expand its application range in various sectors such as network communication, surveillance, consumer electronics, industrial control, and automotive electronics [4]. - The demand for high-reliability storage chips is expected to grow due to the acceleration of AI technology and the rise of edge computing devices, providing more market opportunities for the company [4]. - In 2024, the company established a subsidiary for Wi-Fi 7 wireless communication chip development, targeting high bandwidth and low latency scenarios to meet the needs of smart terminal applications [4]. - The company made a strategic investment of 200 million yuan in Shanghai Lishuan to enter the high-performance GPU market, with its first-generation graphics processing chip G100 already in the testing phase [5].

Group 1 - The company has successfully passed AEC-Q100 certification for various automotive-grade storage products, including SLC NAND, NOR, and MCP, indicating readiness for stringent automotive applications [2] - In 2024, the company plans to complete the whitelist onboarding for several domestic automakers and gain supplier qualifications from multiple Tier 1 automotive suppliers, including well-known international ones [2] - Revenue growth in 2024 is primarily driven by increased shipment volumes, with significant year-on-year sales growth and improved gross margins due to optimized product structure and operational efficiency [2] Group 2 - The market for NAND-based MCP is expected to reach a scale of tens of billions of dollars, with applications in industrial controllers and automotive ADAS due to its high reliability and performance [3] - The first quarter revenue growth was mainly attributed to the recovery in demand from networking and consumer electronics, while the second quarter is expected to see sustained demand growth in the networking sector [3] - The demand in the Internet of Things (IoT) and Vehicle-to-Everything (V2X) sectors remains stable, with gradual recovery anticipated in the surveillance and security market in the third quarter [3]

Summary of Key Points Core Viewpoint - Wang Qinqiang, a supervisor of Dongxin Semiconductor Co., Ltd., has decided to terminate his share reduction plan early due to confidence in the company's future development and changes in personal financial needs [2][3]. Shareholding Situation - As of the announcement of the reduction plan, Wang Qinqiang held 476,705 shares, representing 0.1078% of the company's total share capital [1][2]. - The shares were acquired before the IPO [2]. Reduction Plan Implementation Results - The planned reduction was set to occur from March 6, 2025, to May 9, 2025, with a maximum reduction of 0.0249% of the total share capital [1][2]. - No shares were sold during the reduction period, resulting in a total reduction amount of 0 yuan [2][3]. - The actual reduction situation was consistent with the previously disclosed reduction plan, confirming that no shares were sold [2][3].

证券代码：688110 证券简称：东芯股份 公告编号：2025-029 东芯半导体股份有限公司 关于董监高提前终止减持计划 暨集中竞价减持股份结果公告 一、减持主体减持前基本情况 | 股东名称 | 王亲强 | | | | --- | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | □是 | √否 | | | 直接持股 5%以上股东 | □是 | √否 | | | 董事、监事和高级管理人员 | √是 | □否 | | | 其他：无 | | | | 持股数量 | 476,705股 | | | | 持股比例 | 0.1078% | | | | 当前持股股份来源 | IPO 前取得：476,705股 | | | 上述减持主体无一致行动人。 本公司董事会、全体董事及相关股东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。 重要内容提示： 董监高持股的基本情况 截至本次减持计划公告前，公司监事王亲强先生持有东芯半导体股份有限公 司（以下简称"公司"或"本公司"）股份 476,705 股，占公司总股本的比例为 0.10 ...

Investment Rating - The report maintains a "Buy" rating for the company [4] Core Viewpoints - The company has significantly increased its market share in SLC NAND sales, with a notable year-on-year growth in sales volumes of NAND, NOR, and DRAM chips by 61.79%, 16.80%, and 20.79% respectively [2] - The demand for large-capacity SLC NAND has been driven by the growth in network communication, particularly in base stations, as well as the recovery in demand for consumer electronics and security applications [2] - The rapid development of AI terminals is expected to accelerate the demand for niche storage solutions, benefiting the company as it focuses on small-capacity storage chips [3] - The company has successfully completed the first wafer processing of its first-generation GPU chip, which aims to address key issues in the domestic GPU architecture [3] Financial Performance - In 2024, the company achieved a revenue of 641 million yuan, a year-on-year increase of 20.80%, but reported a net loss of 167 million yuan [1] - For Q1 2025, the company reported a revenue of 142 million yuan, reflecting a year-on-year growth of 33.90%, with a net loss of 59 million yuan [1] - The forecast for net profit from 2025 to 2027 is projected to be -131 million yuan, 3 million yuan, and 177 million yuan respectively, with corresponding EPS of -0.30, 0.01, and 0.40 yuan [4][6] Market Outlook - The company is expected to benefit from the recovery of the storage cycle, leading to simultaneous growth in volume and price, alongside accelerated domestic substitution and enhanced product advantages [4] - The integration of storage, computing, and networking is anticipated to further open up growth opportunities for the company [4]

Group 1 - Dongxin Co., Ltd. (688110.SH) reported its Q1 2025 financial results on April 30, 2025, with 13 institutional investors holding a total of 197 million shares, representing 44.55% of the total share capital [1] - The top ten institutional investors collectively hold 44.42% of the shares, with a slight decrease of 0.68 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two funds increased their holdings, while four funds decreased their holdings, with a total reduction of 0.34% [2] - Three new public funds disclosed their holdings this quarter, while 123 funds were not disclosed compared to the previous quarter [2]

国泰海通证券股份有限公司 国泰海通证券股份有限公司 关于东芯半导体股份有限公司 2024 年度持续督导工作现场检查报告 上海证券交易所： 国泰海通证券股份有限公司（以下简称"国泰海通"、"保荐人"）作为东芯 半导体股份有限公司（以下简称"东芯股份"或"公司"）首次公开发行股票并 在科创板上市的保荐人，根据《中华人民共和国公司法》《中华人民共和国证券 法》《证券发行上市保荐业务管理办法》、《上海证券交易所科创板股票上市规则》 （以下简称"《上市规则》"）和《上海证券交易所上市公司自律监管指引第 11 号 ——持续督导》等有关法律法规的规定，对公司 2024 年度（以下简称"本持续 督导期间"）的规范运作情况进行了现场检查，现就现场检查的有关情况报告如 下： （二）保荐代表人 一、本次现场检查的基本情况 张坤、陈城 （一）保荐人 张坤、陈城 （五）现场检查内容 现场检查人员对本持续督导期内发行人公司治理及内部控制、信息披露、独 立性、与关联方的资金往来、募集资金使用情况、关联交易、对外担保、重大对 1 外投资、公司经营状况以及承诺履行情况等方面进行了现场检查。 （六）现场检查手段 （三）现场检查时间 2024 年 ...