晶华微所属申万行业为：电子-半导体-模拟芯片设计。所属概念板块包括：专精特新、集成电路、半导 体、模拟芯片、芯片概念等。 截至11月10日，晶华微股东户数7981.00，较上期增加0.09%；人均流通股7553股，较上期减少0.09%。 2025年1月-9月，晶华微实现营业收入1.23亿元，同比增长27.32%；归母净利润-3084.07万元，同比减少 330.86%。 分红方面，晶华微A股上市后累计派现998.40万元。 机构持仓方面，截止2025年9月30日，晶华微十大流通股东中，华商上证科创板综合指数增强A （023897）退出十大流通股东之列。 11月25日，晶华微（维权）盘中上涨2.07%，截至09:39，报22.19元/股，成交205.61万元，换手率 0.15%，总市值26.83亿元。 晶华微今年以来股价涨9.53%，近5个交易日跌3.27%，近20日跌5.89%，近60日跌14.75%。 今年以来晶华微已经1次登上龙虎榜，最近一次登上龙虎榜为4月11日，当日龙虎榜净买入986.71万元； 买入总计3429.16万元 ，占总成交额比24.70%；卖出总计2442.46万元 ，占总成交额比17.5 ...

证券日报网讯晶华微11月18日在互动平台回答投资者提问时表示，截至2025年11月10日，公司股东人数 为7981户。 （文章来源：证券日报） ...

Core Insights - The article highlights recent developments in the energy storage sector, particularly focusing on contracts won by Chinese companies in the domestic market, indicating a growing trend in energy storage projects [2]. Group 1: Haixi Communications - Haixi Communications announced a procurement contract for energy storage systems worth 402 million yuan (approximately 57.5 million USD) with Zhejiang Zhaohui Energy Technology [3]. - The project involves a 400MW/800MWh energy storage system, which is a significant initiative for the Shandong provincial grid, implemented in two phases: the first phase is 194MW/388MWh costing 197.88 million yuan, and the second phase is 200MW/400MWh costing 204 million yuan, both including a 13% tax [3]. - Haixi's energy storage solutions have been applied across various industries, achieving significant cost savings, such as over 1 million yuan in annual electricity savings at a demonstration station in Zhejiang and over 30% monthly electricity savings at a manufacturing facility in Anhui [3]. Group 2: Yiwei Power - Yiwei Power is the first candidate for a competitive bidding process for a 60MWh energy storage system as part of a 100MW photovoltaic project, with a bid of 28.8864 million yuan (approximately 4.1 million USD) [4][6]. - The bid translates to a unit price of 0.481 yuan/Wh, indicating competitive pricing in the energy storage market [6]. - The project includes a total installed capacity of 120MWp for the photovoltaic system, along with a 15MW/60MWh energy storage system [7].

Group 1 - The blood oxygen meter concept index rose by 1.56%, ranking fourth among concept sectors, with 14 stocks increasing in value [1] - Key performers included Kexiang Co., which hit the daily limit with a 20% increase, and Aipeng Medical and Huashengchang, which rose by 8.21% and 1.79% respectively [1] - The sector experienced a net inflow of 0.81 billion yuan from main funds, with Kexiang Co. leading the inflow at 2.28 billion yuan [1][2] Group 2 - The top stocks by net inflow ratio included Kexiang Co. at 11.60%, *ST Yitong at 8.95%, and Jinghua Micro at 7.72% [2] - The trading volume for Kexiang Co. was 22.8 billion yuan, with a turnover rate of 29.96% [2] - Other notable stocks included Aipeng Medical with a net inflow of 487.14 million yuan and a turnover rate of 23.39% [2] Group 3 - The blood oxygen meter sector's performance was contrasted with other sectors, such as cell immunotherapy, which rose by 2.20%, and cultivated diamonds, which fell by 4.21% [1] - Stocks with significant declines included Fenda Technology, Sichuan Changhong, and *ST Yitong, with decreases of 1.34%, 0.80%, and 0.54% respectively [1][3] - The overall market sentiment reflected a mixed performance across various sectors, highlighting the volatility within the healthcare and technology industries [3]

杭州晶华微电子股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度的经营成果、财务状况，公司计划于 2025 年 11 月 20 日(星期 四)下午 16:00-17:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进 行交流。 证券代码：688130 证券简称：晶华微 公告编号：2025-050 杭州晶华微电子股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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。 重要内容提示： 会议召开时间：2025 年 11 月 20 日(星期四) 下午 16:00-17:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 13 日(星期四) 至 11 月 19 日(星期三)16 ...

Core Viewpoint - Jinghua Micro is a leading player in the high-performance analog and mixed-signal integrated circuit sector in China, with a focus on precision and low power consumption [1] Group 1: Business Performance - For Q3 2025, Jinghua Micro reported revenue of 123 million yuan, ranking 34th among 34 companies in the industry, significantly lower than the top competitors, with the industry leader, Huida Technology, generating 3.521 billion yuan [2] - The company's net profit for the same period was -30.84 million yuan, placing it 25th in the industry, far behind Huida Technology's 677 million yuan and the industry average of 29.658 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Jinghua Micro's debt-to-asset ratio was 7.39%, an increase from 1.69% year-on-year, but still below the industry average of 16.92%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 51.02%, down from 58.28% year-on-year, yet still above the industry average of 36.44%, suggesting a competitive profitability position [3] Group 3: Executive Compensation - The chairman, Lv Hanzhuan, received a salary of 420,000 yuan for 2024, unchanged from 2023, while the general manager, Liang Guiwu, saw an increase in salary to 2.3834 million yuan, up by 547,900 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 2.24% to 7,974, while the average number of circulating A-shares held per shareholder decreased by 2.19% to 7,560.21 [5]

Group 1 - The core point of the article is that Jinghua Micro (688130.SH) reported its third-quarter results, showing a significant increase in revenue but a larger net loss compared to the previous year [1] Group 2 - For the first three quarters of 2025, the company achieved an operating revenue of 123 million yuan, representing a year-on-year growth of 27.32% [1] - The net profit attributable to shareholders of the parent company was a loss of 30.84 million yuan, which is an increase in loss of 23.68 million yuan compared to the same period last year [1] - The basic earnings per share were reported at -0.26 yuan [1]

Financial Performance - The company's revenue for Q3 2025 reached ¥44,547,170.04, representing a year-on-year increase of 21.80% and a quarter-on-quarter growth of 7.13%[6] - The total profit for the period was -¥8,083,937.75, with a net profit attributable to shareholders of -¥7,878,981.97, indicating ongoing financial challenges[4] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was -¥2,134.28 million after accounting for share-based payment expenses of ¥949.79 million[9] - The net loss for the first three quarters of 2025 was ¥30,840,706.14, compared to a net loss of ¥7,157,997.60 in the same period of 2024[24] - Basic and diluted earnings per share for the current period were both -¥0.26, compared to -¥0.08 in the previous year[25] Research and Development - Research and development expenses amounted to ¥19,978,188.80 in Q3 2025, accounting for 44.85% of revenue, a decrease of 4.13 percentage points compared to the previous year[5] - R&D investment increased by 31.84% year-to-date due to higher material costs and additional R&D personnel[14] - Research and development expenses rose to ¥66,172,055.52, representing a 31.9% increase from ¥50,193,008.55 in the previous year[23] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[23] Market and Product Development - The company successfully acquired Shenzhen Jinghua Zhixin Microelectronics Co., expanding its business scale and actively exploring new markets[6] - The revenue from medical health SoC chip products accounted for 33.97%, with a significant year-on-year increase of 158.35% in sales of blood glucose meter chips[7] - The number of ongoing chip projects increased by 20.59% compared to the same period last year, with a 100% increase in the number of tape-out instances[8] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,346,103,308.12, reflecting a decrease of 5.72% from the end of the previous year[5] - Total assets decreased to ¥1,346,103,308.12 from ¥1,427,803,016.08, reflecting a decline of approximately 5.7%[21] - Total liabilities decreased to ¥99,463,884.16 from ¥162,552,705.21, a reduction of about 38.8%[20] Cash Flow and Liquidity - The company has a total cash balance of approximately ¥151.88 million as of September 30, 2025, down from ¥711.24 million at the end of 2024[18] - The company's cash flow from operating activities showed a significant decline, impacting overall liquidity[25] - The net cash flow from operating activities for the first three quarters of 2025 was -CNY 33,551,116.71, slightly worse than -CNY 31,624,186.57 in 2024[27] - The ending cash and cash equivalents balance for the first three quarters of 2025 was CNY 151,876,634.01, a significant decrease from CNY 555,580,018.75 in 2024[27] - The total cash outflow from operating activities was CNY 181,561,445.33 in 2025, compared to CNY 135,993,263.46 in 2024, reflecting an increase of approximately 33%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 7,974[15] - The largest shareholder, Lü Huanquan, holds 53,158,560 shares, representing 43.97% of total shares[16] - The second-largest shareholder, Luo Luoyi, holds 13,030,290 shares, accounting for 10.78%[16] Government Support - The company received government subsidies amounting to ¥201,000.00, which positively impacted its financial results[11] Investment Activities - The company reported an investment income of ¥8,834,065.67, down from ¥10,295,429.25 year-over-year[23] - The cash inflow from investment activities was CNY 894,845,039.28 in 2025, down from CNY 982,924,971.19 in 2024, a decrease of about 9%[27] - The net cash flow from investment activities was -CNY 484,183,695.70 in 2025, compared to -CNY 163,678,357.95 in 2024, indicating a significant increase in cash outflow[27]

Core Insights - Jinhua Microelectronics' stock price increased by 2.00% on October 24, reaching 23.42 CNY per share, with a total market capitalization of 2.831 billion CNY [1] - The company has seen a year-to-date stock price increase of 15.60%, with a recent 5-day increase of 6.41% [2] - Jinhua Microelectronics reported a revenue of 78.6226 million CNY for the first half of 2025, reflecting a year-on-year growth of 30.68%, but a net profit loss of 22.9617 million CNY, a decrease of 600.18% [3] Company Overview - Jinhua Microelectronics, established on February 24, 2005, and listed on July 29, 2022, specializes in high-performance analog and mixed-signal integrated circuits [2] - The company's main products include healthcare SoC chips, industrial control and instrumentation chips, and smart sensing SoC chips [2] - Revenue breakdown: Industrial control and instrumentation chips (41.56%), healthcare SoC chips (34.45%), smart sensing SoC chips (23.64%), battery management chips (0.28%), and others (0.07%) [2] Shareholder and Institutional Holdings - As of September 19, the number of shareholders decreased by 0.35% to 7,799, while the average number of circulating shares per person increased by 55.15% to 7,729 shares [3] - As of June 30, 2025, the top ten circulating shareholders included Huashang Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced A, which holds 261,300 shares as a new shareholder [5]

Core Viewpoint - Jinhua Microelectronics has shown a mixed performance in stock price and financial metrics, with a notable increase in stock price year-to-date but a decline in net profit for the latest reporting period [2][3]. Stock Performance - As of October 22, Jinhua Microelectronics' stock price increased by 3.45% to 23.69 CNY per share, with a total market capitalization of 2.864 billion CNY [1]. - Year-to-date, the stock price has risen by 16.93%, with a recent 5-day increase of 3.09% and a 20-day decline of 3.38% [2]. Trading Activity - The company has seen a net outflow of 459,800 CNY in principal funds, with large orders accounting for 10.07% of total buy and 12.91% of total sell [1]. - Jinhua Microelectronics has appeared on the "Dragon and Tiger List" once this year, with a net buy of 9.8671 million CNY on April 11 [2]. Financial Performance - For the first half of 2025, the company reported revenue of 78.6226 million CNY, reflecting a year-on-year growth of 30.68%, while the net profit attributable to shareholders was -22.9617 million CNY, a decrease of 600.18% [3]. - Cumulative cash distribution since the A-share listing amounts to 9.984 million CNY [4]. Shareholder Information - As of September 19, the number of shareholders decreased by 0.35% to 7,799, while the average circulating shares per person increased by 55.15% to 7,729 shares [3]. - As of June 30, 2025, the top ten circulating shareholders include a new entry, Huashang Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced A, holding 261,300 shares [5].