模拟芯片概念股集体大跌 思瑞浦跌超10% 智通财经4月25日电，思瑞浦、纳芯微跌超10%，圣邦股份、杰华特、晶丰明源、雅创电子跌超5%，南 芯科技、帝奥微等跟跌。 ...

WA NO AND THE THE THE FOR THE FOR FOR FOR FOR BOOM BER NEW YOU DEN YOU DESCRIPT 2025年4月21日■■■■■■■22024回目■日曜日曜日曜日曜日曜日16.79日日曜日日日曜日29:46％回国昭和日曜日第46.03周日帰国国国国国国国国国国国国国国国国国国国国国国国国 �� 影院第三国最新最新最新版第四届第四届第四国第四国第四国国国国国国国国国国国国第2023国第2024国 2025ஆ2官로벌드립밀로드립트로드립트로드립니크로드로드립드로드 ����������� ���������� ������������� ���������①�/ ��� �����AC-DC���DC-DC �� ■■■2022/112■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ 14.43■■■■■■■■■■■■■■■■■■1.37■■■■■■3.39％ �� ��� �� ���2022年����A�-0-0C� �� 葡萄酒酒20233国酒2024国 ■■■■■■■■■■■39.93％■ ...

Market Overview - The market is currently experiencing narrow fluctuations and remains in a state of consolidation [1][24] - Major U.S. stock indices rebounded significantly, with the Dow Jones up 2.66%, S&P 500 up 2.51%, and Nasdaq up 2.71%, marking the largest single-day gains in recent weeks [3] Economic Forecasts - The International Monetary Fund (IMF) has significantly downgraded global economic growth forecasts, predicting a decline to 2.8% in 2025 and 3% in 2026, down from earlier estimates of 3.3% for both years [4] - The U.S. economic growth forecast for 2025 has been reduced to 1.8%, with a 40% probability of recession, up from 27% previously [4] Corporate Developments - Baidu released an AI white paper and action plan focusing on generative AI patent layout [9] - Boeing agreed to sell part of its digital aviation solutions business to Thoma Bravo for $10.55 billion [7] - Gree Electric's shareholders approved the re-election of Dong Mingzhu as chairman, with a dividend plan of 10 yuan per 10 shares [12] - Meituan's self-developed fourth-generation drone received a nationwide operational certificate for low-altitude logistics [13] Financial Performance - Newye Semiconductor reported a 384.54% increase in net profit for Q1 2025, with revenue of 4.052 billion yuan, up 264.13% [20] - Hailanxin's Q1 2025 net profit surged by 1324.75%, driven by project completions [21] - Zhonghong Medical's Q1 2025 net profit increased by 1370% [22] - Erkang Pharmaceutical reported a net profit of 28.11 million yuan for Q1 2025, up 868.91% [23] Industry Trends - The pharmaceutical sector is expected to continue its upward trend due to improved fundamentals and technological advancements [24]

Core Viewpoint - Jiewate reported a revenue of 1.679 billion yuan for 2024, marking a year-on-year increase of 29.46%, but incurred a net loss attributable to shareholders of 603 million yuan, worsening from a loss of 531 million yuan in the previous year [1][2]. Financial Performance - Revenue for 2024 reached 1,678,750,683.28 yuan, up 29.46% from 1,296,748,737.23 yuan in 2023 [2]. - The net profit attributable to shareholders was -603,372,915.33 yuan, compared to -531,409,069.34 yuan in the previous year [2]. - The net profit after deducting non-recurring gains and losses was -643,754,732.38 yuan, worsening from -554,133,837.85 yuan in 2023 [2]. - The net cash flow from operating activities was -360,439,834.38 yuan, compared to -291,425,072.33 yuan in the previous year [2]. Dividend Policy - The company will not distribute profits for the 2024 fiscal year, meaning no cash dividends, bonus shares, or capital reserve transfers to increase share capital [2]. IPO and Fundraising - Jiewate was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 23, 2022, with an initial public offering of 58.08 million shares at a price of 38.26 yuan per share [3]. - The total amount raised from the IPO was 222,214.08 million yuan, with a net amount of 205,468.49 million yuan, exceeding the original fundraising target by 48,373.76 million yuan [3]. Future Plans - On February 18, 2025, the company announced plans to initiate preparations for issuing H-shares and listing on the Hong Kong Stock Exchange [4].

Core Insights - The company reported a revenue of 1,678.75 million yuan for the fiscal year 2024, representing a year-on-year growth of 29.46% despite a prolonged destocking process in the downstream market [2][3] - The net profit attributable to shareholders was -603.37 million yuan, a decline compared to the previous year, primarily due to intense market competition and pressure on product prices [2][3] - The company increased its R&D investment to 619.34 million yuan, accounting for 36.89% of its revenue, which is a slight decrease of 1.62 percentage points year-on-year [4] Financial Performance - Revenue for 2024 was 1,678,750,683.28 yuan, up from 1,296,748,737.23 yuan in 2023, marking a 29.46% increase [3] - The net profit attributable to shareholders was -603,372,915.33 yuan, down from -531,409,069.34 yuan in 2023 [3] - The net cash flow from operating activities was -360,439,834.38 yuan, worsening from -291,425,072.33 yuan in the previous year [3] R&D and Innovation - The company applied for 1,361 domestic and international patents, with 980 being invention patents, and has obtained 641 effective patents [4] - Significant breakthroughs in product development were achieved in various sectors, including: - In the renewable energy sector, the company launched a PMIC chip for solar applications [4] - In the networking and security sector, several PoE Ethernet power supply chips were introduced [5] - In the automotive electronics sector, new high and low side driver chips were developed and are in the design phase [5] - In the computing sector, multiple multi-phase controllers and high-performance power products were launched [6] Market Position and Strategy - The company has enhanced its competitiveness and market share in emerging applications such as renewable energy, computing, and automotive sectors through precise market positioning and innovative product design [4] - The product portfolio includes over 40 sub-product lines and nearly 2,200 models available for sale [4] - The company aims to effectively respond to market changes and seize emerging opportunities for sustainable long-term growth through diversified product lines and technological innovation [6]

Group 1 - The company reported a total operating revenue of 1,678.75 million yuan, representing a year-on-year increase of 29.46% [53] - The company experienced a net loss attributable to shareholders of 603.37 million yuan, with a net profit excluding non-recurring gains and losses of 643.75 million yuan [53] - The company will not distribute profits for the fiscal year 2024 due to negative retained earnings [3] Group 2 - The company operates primarily in the analog integrated circuit design sector, utilizing a virtual IDM model for chip design and manufacturing [5][19] - The company focuses on power management and signal chain products, providing innovative and efficient analog semiconductor solutions [5][6] - The company has developed a comprehensive product supply system in the power management analog chip sector, covering various applications including new energy, automotive electronics, and consumer electronics [5][42] Group 3 - The global semiconductor chip market is projected to grow from 2.49 trillion yuan in 2020 to 3.61 trillion yuan in 2024, with a compound annual growth rate (CAGR) of 9.7% [34] - The Chinese semiconductor chip market is expected to grow from 0.88 trillion yuan in 2020 to 1.45 trillion yuan in 2024, with a CAGR of 13.3% [35] - The analog chip market in China is forecasted to increase from 124.9 billion yuan in 2020 to 195.3 billion yuan in 2024, with a CAGR of 11.8% [36] Group 4 - The company has established a stable supply chain and customer base, collaborating with leading wafer manufacturers and entering the supply chains of major industry players [44] - The company is positioned to benefit from the growing demand for analog chips in various sectors, including AI, automotive electronics, and communication technologies [45][48][49] - The company aims to enhance its competitive edge through continuous technological innovation and market expansion, responding to the increasing demand for high-performance analog chips [51]

法定代表人：黄必亮 经营范围：一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；电力电子元 器件制造；电力电子元器件销售；半导体分立器件制造；半导体分立器件销售；集成电路设计；集成电 路制造；集成电路销售；电子专用材料研发；电子专用材料制造；电子专用材料销售；集成电路芯片设 计及服务；集成电路芯片及产品制造；集成电路芯片及产品销售；半导体器件专用设备制造；半导体器 件专用设备销售；电子元器件制造；电子元器件批发；先进电力电子装置销售；电子产品销售；新兴能 源技术研发；电机及其控制系统研发；软件开发；软件销售；计算机软硬件及辅助设备零售；计算机软 硬件及辅助设备批发；智能车载设备制造；智能车载设备销售；机械电气设备制造；机械电气设备销 售；输配电及控制设备制造；智能输配电及控制设备销售；实验分析仪器制造；实验分析仪器销售；知 识产权服务（专利代理服务除外）；货物进出口；技术进出口（除依法须经批准的项目外，凭营业执照 依法自主开展经营活动）。 股权结构：无锡市宜欣科技有限公司持股80%，安徽芯塔电子科技有限公司持股20% 影响被担保人偿债能力的重大或有事项：无 失信被执行人情况：不属于失信被执 ...

目 录 | 一、审计报告……………………………………………………… 第 | 1—6 | 页 | | --- | --- | --- | | 二、财务报表……………………………………………………… 第 | 7—14 | 页 | | （一）合并资产负债表…………………………………………… | 第 7 | 页 | | （二）母公司资产负债表………………………………………… | 第 8 | 页 | | （三）合并利润表………………………………………………… | 第 9 | 页 | | （四）母公司利润表………………………………………………第 | 10 | 页 | | （五）合并现金流量表……………………………………………第 | 11 | 页 | | （六）母公司现金流量表…………………………………………第 | 12 | 页 | | （七）合并所有者权益变动表……………………………………第 | 13 | 页 | | （八）母公司所有者权益变动表…………………………………第 | 14 | 页 | | 15—110 | | --- | | 三、财务报表附注……………………………………………… 第 页 | 审 计 报 告 天 ...

中信证券股份有限公司 关于杰华特微电子股份有限公司向参股公司增资暨关联交易的 核查意见 公司全资子公司杰瓦特微电子（杭州）有限公司（以下简称"杰瓦特"）于 2024年6月以自有资金向立吉微首次投资，投资金额为40万元，持股比例为20%。 为进一步扩展公司的产品线及产品应用领域，提升公司的综合实力以及市场竞争 力，公司现拟追加投资，以自有资金 4,000 万元认缴立吉微新增的注册资本 200 万元，占增资后的注册资本比例为 50%。本次增资后公司及公司全资子公司对立 吉微投资金额合计为 4,040 万元，持有立吉微 60%股权，并将其纳入公司合并报 表范围。 本次增资前，杰瓦特持有立吉微 20%股权，根据《中华人民共和国公司法》 《上海证券交易所科创板股票上市规则》等相关规则规定，立吉微为公司的关联 方，本次交易构成关联交易，但不构成《上市公司重大资产重组管理办法》规定 的重大资产重组。 公司于 2025 年 4 月 18 日召开了第二届董事会第九次会议、第二届监事会第 八次会议，审议通过了《关于向参股公司增资暨关联交易的议案》。截至本次关 联交易事项为止（含本次），过去 12 个月内公司与同一关联人或者不同关 ...