Group 1 - The semiconductor stocks in the A-share market experienced a collective pullback, with significant declines observed in several companies [1] - Yuanjie Technology saw a drop of over 10%, while Cambricon and Tongfu Microelectronics fell by more than 7% [1] - Other companies such as Liyang Chip and Chengdu Huamei also reported declines exceeding 6% [1] Group 2 - Yuanjie Technology's market capitalization is 30.6 billion, with a year-to-date increase of 165.87% despite the recent decline of 10.42% [2] - Cambricon's market capitalization stands at 546.1 billion, with a year-to-date increase of 98.38%, experiencing a drop of 7.09% [2] - Tongfu Microelectronics has a market capitalization of 49.9 billion and a year-to-date increase of 11.39%, with a recent decline of 7.07% [2]

Group 1 - The semiconductor stocks in the A-share market experienced a collective pullback, with significant declines observed in several companies [1] - Yuanjie Technology saw a drop of over 10%, while Cambrian and Tongfu Microelectronics fell by more than 7% [1] - Other companies such as Liyang Chip and Chengdu Huamei also reported declines exceeding 6% [1] Group 2 - The table lists various semiconductor companies along with their stock performance, total market capitalization, and year-to-date growth percentages [2] - Yuanjie Technology (688498) reported a decline of 10.42% with a market cap of 30.6 billion and a year-to-date increase of 165.87% [2] - Cambrian (688256) experienced a 7.09% drop, with a market cap of 546.1 billion and a year-to-date increase of 98.38% [2] - Tongfu Microelectronics (002156) fell by 7.07%, with a market cap of 49.9 billion and a year-to-date increase of 11.39% [2] - Other notable declines include Liyang Chip (688135) down 6.49% and Chengdu Huamei (688709) down 6.15% [2]

Group 1 - The core viewpoint of the news is that Liyang Chip has seen a significant increase in its stock price, rising by 5.06% to reach 31.77 CNY per share, with a trading volume of 586 million CNY and a turnover rate of 9.93%, resulting in a total market capitalization of 6.45 billion CNY [1] - Liyang Chip, established on February 10, 2010, and listed on November 11, 2020, specializes in integrated circuit testing solutions, wafer testing services, finished chip testing services, and related supporting services [1] - The revenue composition of Liyang Chip includes finished chip testing at 53.99%, wafer testing at 38.27%, other services at 6.00%, and wafer dicing at 1.74% [1] Group 2 - From the perspective of fund holdings, Liyang Chip is the top holding of the Bosera New Strategy Mixed A Fund (001522), which held 88,000 shares in the second quarter, accounting for 2.9% of the fund's net value [2] - The Bosera New Strategy Mixed A Fund has a total scale of 62.063 million CNY and has achieved a year-to-date return of 8.2%, ranking 5922 out of 8180 in its category, with a one-year return of 23.64%, ranking 5330 out of 7967 [2] - The fund managers, Li Chongyang and Luo Xiao, have different tenures and performance records, with Li having a tenure of 2 years and 210 days and Luo having 2 years and 340 days [2]

Summary of Key Points Core Viewpoint - The announcement details the shareholding structure and the results of the share reduction plans by key shareholders of Guangdong Liyang Chip Testing Co., Ltd, highlighting the completion of the planned share reductions and the current holdings of the shareholders [1][2][3][4]. Shareholding Structure - Key shareholder and core technical personnel Mr. Lu Xukun holds 272,073 shares, accounting for 0.1340% of the total share capital [1]. - Key shareholder and core technical personnel Mr. Zheng Chaosheng holds 120,698 shares, accounting for 0.0595% of the total share capital [1]. - Shareholder and director Mr. Qu Hao holds 7,181,680 shares, accounting for 3.5376% of the total share capital [1][3]. Share Reduction Plans - Mr. Lu Xukun planned to reduce his holdings by up to 250,000 shares (0.1231% of total shares) [1]. - Mr. Zheng Chaosheng planned to reduce his holdings by up to 58,000 shares (0.0286% of total shares) [1]. - Mr. Qu Hao planned to reduce his holdings by up to 1,600,000 shares (0.7881% of total shares) [1]. Implementation Results - Mr. Lu Xukun completed the reduction of 250,000 shares at a price range of 30.66 to 31.14 CNY per share, totaling approximately 7.72 million CNY [3][4]. - Mr. Zheng Chaosheng completed the reduction of 58,000 shares at a price range of 29.40 to 31.15 CNY per share, totaling approximately 1.73 million CNY [3][4]. - Mr. Qu Hao completed the reduction of 1,600,000 shares at a price range of 29.64 to 33.01 CNY per share, totaling approximately 48.77 million CNY [4].

| 证券代码：688135 | 证券简称：利扬芯片 | 公告编号：2025-047 | | --- | --- | --- | | 转债代码：118048 | 转债简称：利扬转债 | | 广东利扬芯片测试股份有限公司 关于部分股东减持股份计划完成暨减持结果公告 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： 股东持股的基本情况 股东、核心技术人员卢旭坤先生持有公司股份 272,073 股，占公司总股本比 例 0.1340%。上述股份来源于公司首次公开发行前持有、股权激励归属及以资本 公积转增股本的股份； 股东、核心技术人员郑朝生先生持有公司股份 120,698 股，占公司总股本比 例为 0.0595%。上述股份来源于公司首次公开发行前持有、股权激励归属及以资 本公积转增股本的股份。 股东、董事瞿昊先生持有公司股份 7,181,680 股，占公司总股本比例为 3.5376%。上述股份来源于公司首次公开发行前持有及以资本公积转增股本的股 份。 减持计划的实施结果情况 公司于 2025 年 8 月 1 ...

Summary of Key Points Core Viewpoint - Li Yang Chip announced that shareholders have completed planned share reductions, indicating potential shifts in shareholder confidence and market dynamics [1] Group 1: Shareholder Actions - Shareholder Lu Xukun reduced holdings by 250,000 shares at a price range of 30.66 to 31.14 CNY per share, representing a reduction ratio of 0.1231% [1] - Shareholder Zheng Chaosheng reduced holdings by 58,000 shares at a price range of 29.4 to 31.15 CNY per share, representing a reduction ratio of 0.0286% [1] - Director Qu Hao reduced holdings by 1.6 million shares at a price range of 29.64 to 33.01 CNY per share, representing a reduction ratio of 0.7881% [1]

Core Viewpoint - The report outlines the ongoing supervisory work conducted by Guangfa Securities for Guangdong Liyang Chip Testing Co., Ltd., emphasizing the company's compliance with regulations and the absence of any violations during the supervisory period [1][2][6]. Group 1: Supervisory Work - Guangfa Securities has established and effectively implemented a continuous supervision work system and plan for Liyang Chip [2]. - A continuous supervision agreement has been signed between the sponsor and Liyang Chip, clarifying the rights and obligations of both parties during the supervision period [2]. - The supervisory work includes daily communication, regular visits, on-site inspections, and due diligence [2][3]. Group 2: Compliance and Governance - Liyang Chip has adhered to legal and regulatory requirements, with no reported violations or breaches of commitments during the supervisory period [2][6]. - The company has established effective corporate governance and internal control systems, including financial management and auditing procedures [2][3]. Group 3: Financial Performance - For the first half of 2025, Liyang Chip reported operating revenue of 284.04 million yuan, a 23.09% increase compared to 2024 [15]. - The total profit for the same period was -8.95 million yuan, showing an improvement from -16.37 million yuan in the previous year [15]. - The net profit attributable to shareholders was -7.06 million yuan, compared to -8.44 million yuan in the same period last year [15]. Group 4: Risks and Challenges - The company faces core competitiveness risks due to rapid technological advancements in the integrated circuit industry, necessitating continuous talent development [6][7]. - Operational risks are present as the industry is capital-intensive, requiring significant investment in testing equipment to meet market demands [7][8]. - The company is also exposed to financial risks, including fluctuations in gross profit margins due to changes in product structure and cost structures [11][12]. Group 5: Research and Development - Liyang Chip has invested 37.31 million yuan in R&D in the first half of 2025, a decrease of 4.27% from the previous year [25]. - The R&D expenditure accounted for 13.13% of operating revenue, reflecting a decrease of 3.76 percentage points [25]. - The company has made significant progress in patent applications and software copyrights, enhancing its innovation capabilities [25][26]. Group 6: Market Position and Competitive Advantage - Liyang Chip has established a strong market position in the integrated circuit testing industry, benefiting from its diverse testing platforms and proximity to local chip design companies [17][20]. - The company emphasizes customer loyalty and interaction, which contributes to its competitive edge in the market [18][20]. - The strategic focus on emerging applications such as automotive electronics and high-performance computing positions the company for future growth [21][22].

广发证券股份有限公司 关于广东利扬芯片测试股份有限公司 2025 半年度持续督导跟踪报告 1 | 序号 | 工作内容 | 实施情况 | | --- | --- | --- | | | 督导上市公司建立健全并有效执行公司治理 | 保荐机构督导利扬芯片依照相关 | | 7 | 制度包括但不限于股东会、董事会议事规则 | 规定健全完善公司治理制度，并严 | | | 以及董事和高级管理人员的行为规范等。 | 格执行公司治理制度。 | | | 督导上市公司建立健全并有效执行内控制 | | | | 度，包括但不限于财务管理制度、会计核算 制度和内部审计制度，以及募集资金使用、 | 保荐机构督导利扬芯片严格执行 | | 8 | | | | | 关联交易、对外担保、对外投资、衍生品交 | 内部控制制度。 | | | 易、对子公司的控制等重大经营决策的程序 | | | | 与规则等。 | | | | 督导上市公司建立健全并有效执行信息披露 | | | | 制度，审阅信息披露文件及其他相关文件， | 保荐机构督导利扬芯片严格执行 | | 9 | 并有充分理由确信上市公司向上海证券交易 | 信息披露制度，审阅信息披露文件 | | ...

利扬芯片9月1日龙虎榜 | 买入营业部名称 | 买入金额(万元) | | --- | --- | | 华鑫证券有限责任公司上海云锦路证券营业部 | 3149.88 | | 国泰海通证券股份有限公司上海长宁区江苏路证券营业部 | 2997.37 | | 麦高证券有限责任公司成都丽都路证券营业部 | 2176.84 | | 华鑫证券有限责任公司成都交子大道证券营业部 | 1895.79 | | 开源证券股份有限公司西安西大街证券营业部 | 1581.25 | | 卖出营业部名称 | 卖出金额(万元) | | 中信证券股份有限公司北京亚运村证券营业部 | 2497.24 | | 申万宏源西部证券有限公司乌鲁木齐北京中路证券营业部 | 2124.64 | | 机构专用 | 1201.99 | | 广发证券股份有限公司晋江崇德路证券营业部 | 1142.40 | | 申万宏源证券有限公司上海杨浦区黄兴路证券营业部 | 1029.80 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 9月1日利扬芯片（688135）收盘价28.56元，收盘涨停，全天换手率5.65%，振幅0.21 ...

Market Overview - On September 1, the semiconductor sector rose by 1.62% compared to the previous trading day, with Yuanjie Technology leading the gains [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Top Gainers in Semiconductor Sector - Yuanjie Technology (688498) closed at 358.80, with a gain of 20.00% and a trading volume of 52,800 shares, amounting to a transaction value of 1.76 billion [1] - Liyang Chip (688135) also saw a 20.00% increase, closing at 28.56 with a trading volume of 114,700 shares, totaling 328 million [1] - Other notable gainers include: - Canxin Co. (688691) up 12.65% to 84.18 [1] - Allwinner Technology (300458) up 12.08% to 52.50 [1] - TaiLing Micro (688591) up 10.57% to 58.47 [1] Top Losers in Semiconductor Sector - Ruixin Zuo (603893) experienced a decline of 5.00%, closing at 233.99 with a trading volume of 267,100 shares, totaling 6.25 billion [2] - Broadcom Integrated (603068) fell by 4.03% to 46.00 [2] - Other significant losers include: - Cambricon (688256) down 2.95% to 1448.39 [2] - Fumu Microelectronics (688385) down 2.54% to 62.05 [2] Capital Flow Analysis - The semiconductor sector saw a net outflow of 2.981 billion from institutional investors, while retail investors contributed a net inflow of 3.812 billion [2] - Notable capital flows include: - North Innovation (603986) with a net inflow of 121.3 million from institutional investors [3] - Liyang Chip (688135) had a net inflow of 737.1 million from retail investors [3]