Core Viewpoint - Intellectual property (IP) has become a core focus in the IPO review process for companies aiming to list on the Sci-Tech Innovation Board, especially with the recent regulatory clarifications and requirements for "hard technology" and innovation capabilities [1] Group 1: Regulations on IP for Sci-Tech Innovation Board IPO - The key regulatory concerns regarding IP during the IPO process include the completeness and independence of the issuer's IP, clarity of IP ownership, potential disputes, and the issuer's ability to protect its core technologies [2][3] - Companies must demonstrate their continuous innovation capabilities and the stability of their IP rights to meet the compliance requirements set by the securities regulatory authorities [2][3] Group 2: Key Review Focus on IP - The review process emphasizes the progress of any ongoing patent infringement lawsuits, the importance of the involved patents to the company's revenue, and the potential impact of a loss in such cases on the company's operations [7][8] - Companies facing patent invalidation requests must provide updates on the status of these requests and their potential implications for business operations and IPO eligibility [9] Group 3: Practical Suggestions for Addressing IP Risks - Companies should enhance their independent R&D capabilities and establish a robust IP management system to avoid issues such as insufficient patent numbers or concentrated patent applications [29][30] - It is crucial for companies to maintain clear documentation of R&D activities and ensure compliance with IP ownership agreements, especially when involving former employees from competing firms [31][32] - Companies are advised to assess the significance of shared patents and consider acquiring full rights to critical shared IP to ensure ownership stability [32] Group 4: Specific IP Issues - The concentration of patent applications prior to an IPO can raise regulatory scrutiny if not adequately justified, as it may suggest attempts to artificially inflate asset valuations [25][26] - The expiration of IP rights can significantly impact a company's competitive position, necessitating a thorough analysis of the importance of such rights to ongoing operations [28]

上海市锦天城（深圳）律师事务所 法律意见书 上海市锦天城（深圳）律师事务所 关于唯捷创芯（天津）电子技术股份有限公司 2025年第二次临时股东大会的 法律意见书 1 上海市锦天城（深圳）律师事务所 法律意见书 深圳市福田中心区福华三路卓越世纪中心 1 号楼 21-23 层（518048） 电话：（86755）8281-6698 传真：（86755）8281-6898 21 to 23rd Floors, Tower 1, Excellence Century Centre, Fuhua 3rd Road, Futian CBD, Shenzhen City. China 上海市锦天城（深圳）律师事务所 关于唯捷创芯（天津）电子技术股份有限公司 2025年第二次临时股东大会的 法律意见书 致：唯捷创芯（天津）电子技术股份有限公司 上海市锦天城（深圳）律师事务所（以下简称"锦天城"）接受唯捷创芯（天 津）电子技术股份有限公司（下称"公司"）的委托，指派律师参加了公司2025 年第二次临时股东大会（下称"本次股东大会"） ，并进行了必要的验证工作。 锦天城律师根据《中华人民共和国公司法》（下称"《公司法》"）、《上 ...

证券代码：688153 证券简称：唯捷创芯 公告编号：2025-035 唯捷创芯（天津）电子技术股份有限公司 2025年第二次临时股东大会决议公告 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 8 日 （二） 股东大会召开的地点：北京市北京经济技术开发区科谷四街北投亦庄产 业园 16 号楼 （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 | 100 | | --- | --- | | 普通股股东人数 | 100 | | 2、出席会议的股东所持有的表决权数量 | 148,908,955 | | 普通股股东所持有表决权数量 | 148,908,955 | | 3、出席会议的股东所持有表决权数量占公司表决权数量 | 34.9238 | | 的比例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例 | 34. ...

唯捷创芯（天津）电子技术股份有限公司 简式权益变动报告书 上市公司名称：唯捷创芯（天津）电子技术股份有限公司 股票上市地点：上海证券交易所 股票简称：唯捷创芯 股票代码：688153 信息披露义务人 1：荣秀丽 住所及通讯地址：北京市海淀区****** 信息披露义务人 2：天津语捷科技合伙企业（有限合伙） 住所及通讯地址：天津开发区信环西路 19 号 2 号楼 2701-8 室 信息披露义务人 6：天津语尚科技合伙企业（有限合伙） 住所及通讯地址：天津开发区信环西路 19 号 2 号楼 2701-11 室 股份变动性质：本次权益变动是由于股票期权激励计划行权登记导致持股比 1 信息披露义务人 3：天津语腾科技合伙企业（有限合伙） 住所及通讯地址：天津开发区信环西路 19 号 2 号楼 2701-10 室 信息披露义务人 4：孙亦军 住所及通讯地址：上海市嘉定区****** 信息披露义务人 5：北京语越投资管理中心（有限合伙） 住所及通讯地址：北京市北京经济技术开发区科谷四街 1 号院 8 号楼 2 层 201 室 例被动稀释及信息披露义务人 4 持股数量增加、信息披露义务人 4 通过集中竞价 增持公司股份以及 ...

上海市锦天城（深圳）律师事务所 法律意见书 上海市锦天城（深圳）律师事务所 关于唯捷创芯（天津）电子技术股份有限公司 相关股东解除一致行动协议的 法律意见书 1 上海市锦天城（深圳）律师事务所 法律意见书 深圳市福田中心区福华三路卓越世纪中心 1 号楼 21-23 层（518048） 电话：（86755）8281-6698 传真：（86755）8281-6898 21 to 23rd Floors, Tower 1, Excellence Century Centre, Fuhua 3rd Road, Futian CBD, Shenzhen City. China 上海市锦天城（深圳）律师事务所 关于唯捷创芯（天津）电子技术股份有限公司 相关股东解除一致行动协议的 法律意见书 致：唯捷创芯（天津）电子技术股份有限公司 上海市锦天城（深圳）律师事务所（以下简称"锦天城"）接受唯捷创芯（天 津）电子技术股份有限公司（下称"公司"）的委托，根据《中华人民共和国公司 法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）等法律、行政法规、部门规章及其他规范性文件和《唯捷创芯（天津） 电 ...

中信建投证券股份有限公司 关于唯捷创芯（天津）电子技术股份有限公司 股东解除一致行动协议暨公司无控股股东及无实际控制人 的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"、"本保荐机构"） 作为唯捷创芯（天津）电子技术股份有限公司（以下简称"唯捷创芯"、"公司"） 首次公开发行股票并在科创板上市的保荐机构，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》《科创板上市公司持续监管办法（试行）》《上海证券交易 所科创板上市公司自律监管指引第 1 号——规范运作》等有关规定，对唯捷创芯 本次股东解除一致行动协议暨公司无控股股东及无实际控制人事项进行了审慎 核查，具体情况如下： 一、一致行动协议的履行情况 为保证对唯捷创芯的合法有效控制、保障唯捷创芯的持续稳健发展、确保正 确经营决策，维护唯捷创芯实际控制权的稳定，荣秀丽女士、孙亦军先生于 2019 年 1 月签署《一致行动协议》，根据一致行动协议的相关约定，对唯捷创芯的重 大事项保持意思表示及其行动的一致和统一，具体如下： 1、一致行动股东为唯捷创芯的共同实际控制人，同意在唯捷创 ...

证券代码：688153 证券简称：唯捷创芯 公告编号：2025-034 唯捷创芯（天津）电子技术股份有限公司 关于股东解除一致行动协议暨公司无控股股东及无 实际控制人的提示性公告 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。 重要内容提示： 本次权益变动不涉及股份数量变动，系唯捷创芯（天津）电子技术股份 有限公司（以下简称"唯捷创芯"或"公司"）实际控制人荣秀丽女士、孙亦军 先生解除《一致行动协议》。 《一致行动协议》解除后，股东直接持有和间接控制的公司股份数量和 比例保持不变，荣秀丽女士直接持有 53,265,280 股公司股份，通过间接持股控制 33,808,694 股公司股份的表决权，直接持有和间接持股控制表决权的股份占公司 总股本的比例为 20.25%；孙亦军先生持有 14,716,061 股公司股份，间接控制持 股 39,793,057 股公司股份的表决权，直接持有和间接持股控制表决权的股份占公 司总股本的比例为 12.68%；相关股份将不再合并计算。 《一致行动协议》解除后，公司无控股股东，实际控制人将由荣秀 ...

Group 1: Product Development and Market Position - The company has disclosed the progress of multiple new products and solutions during recent institutional research, including the Wi-Fi 7 module, which is set for large-scale sales in 2024, enhancing its competitive advantage in wireless communication [4] - The second-generation non-linear Wi-Fi 7 module has entered mass production, with significant year-on-year revenue growth expected in Q1 2025 [4] - The Phase 7LE solution targeting the mid-to-high-end smartphone market will achieve mass shipments in 2024, successfully entering the supply chains of several brand manufacturers [4] Group 2: Product Matrix and Market Expansion - The Phase 7LE Plus and Phase 8L modules have formed a complete high-integration product matrix, covering a wide market from mid-range to high-end flagship models, which helps the company expand market share and enhance competitiveness [5] - In the automotive sector, the company has launched a 5G automotive-grade RF front-end solution certified by AEC-Q100, achieving nearly 10 million RMB in revenue in Q1 [5] Group 3: Satellite Communication and AI Terminal Products - The RF front-end module for satellite communication has been successfully integrated into multiple brand smartphone manufacturers, with ongoing development of the next-generation satellite communication RF front-end module [6] - The company is optimistic about the growth prospects of its satellite communication business despite short-term challenges, as the technology's penetration in the smartphone sector is still developing [6] - The company is actively developing products suitable for AI terminals, with significant improvements in performance and energy efficiency, and plans to launch these new products in Q2 2025 [6] Group 4: Strategic Focus and Market Opportunities - The company is focusing on the high-end product sector, leveraging changes in tariff policies to advance domestic substitution, and plans to deepen its efforts in the high-end market in 2025 [7] - The company aims to meet customer product demands while increasing R&D resource investment to accelerate new product development [7]

Core Viewpoint - The company, Weijie Chuangxin, reported a significant decline in revenue and net profit for the fiscal year 2024, primarily due to intensified competition in the RF front-end chip market, leading to price pressures on certain products [4][5][6]. Financial Performance Summary - For the fiscal year 2024, Weijie Chuangxin achieved operating revenue of 210,304.02 million RMB, a decrease of 29.46% compared to the previous year [3][5]. - The net profit attributable to shareholders was -2,372.51 million RMB, down 121.13% year-on-year [5]. - The net profit after excluding non-recurring gains and losses was -5,267.21 million RMB, reflecting a 150.91% decline from the previous year [5]. - The cash flow from operating activities was -318,255.04 million RMB, a decrease of 142.79% compared to the previous year [4]. Revenue Breakdown - The RF power amplifier module contributed 166,303.52 million RMB in revenue, with 5G RF power amplifier modules generating 90,279.20 million RMB, accounting for 54.29% of this business line, an increase of 2.24 percentage points year-on-year [3]. - Revenue from receiving end products reached 43,864.67 million RMB, a year-on-year increase of 26.31%, representing 20.87% of the company's main business [3]. R&D and Cost Management - R&D investment for 2024 was 43,797.4 million RMB, accounting for 20.83% of operating revenue, an increase of 5.65 percentage points from the previous year [4]. - The company is actively optimizing its product structure and controlling costs to mitigate the adverse effects of market competition on performance [4]. Q1 2025 Performance - In Q1 2025, Weijie Chuangxin reported operating revenue of 50,855.68 million RMB, a year-on-year increase of 10.24% [5][7]. - The net profit attributable to shareholders was -1,812.76 million RMB, a decrease of 1,275.46 million RMB compared to the same period last year [5]. - The cash flow from operating activities turned positive at 32,501.16 million RMB, an increase of 58,756.96 million RMB year-on-year, attributed to increased product shipments and reduced inventory [8].

Core Viewpoint - The domestic RF front-end industry is facing unprecedented challenges, with leading companies like ZTE Microelectronics, Weijie Chuangxin, and Huizhiwei reporting significant losses, indicating a severe market downturn driven by intense competition and overcapacity [1][4]. Group 1: ZTE Microelectronics - ZTE Microelectronics reported a revenue of 756 million yuan in Q1 2025, a year-on-year decline of 36.47%, with a net profit loss of 46.62 million yuan [1]. - The company has shifted its focus from RF switch products to integrated modules, achieving self-production of RF filters and power amplifiers, but this transition has not yielded the expected results, leading to a decline in revenue from RF switches [2]. - The Fab-Lite strategy adopted by ZTE Microelectronics aims to enhance supply chain control but has resulted in increased R&D costs and fixed asset depreciation, contributing to a 64.2% drop in net profit in 2024 [3]. Group 2: Weijie Chuangxin - Weijie Chuangxin, a leading player in the RF power amplifier sector, reported a revenue of 2.103 billion yuan in 2024, down 29.46% year-on-year, with a net profit loss of 23.73 million yuan [4][6]. - The company has maintained a strong market position in the RF power amplifier field, with a 40% market share in 4G PA and 30% in 5G products, but has faced challenges due to declining prices and increased competition [5]. - Despite its strong R&D capabilities and market presence, Weijie Chuangxin has struggled to maintain profitability, oscillating between profit and loss [6]. Group 3: Huizhiwei - Huizhiwei has focused on technological innovation as its core competitive advantage, achieving significant breakthroughs in RF front-end chip technology [7][8]. - The company has developed a reconfigurable RF front-end technology that combines SOI and GaAs materials, allowing it to compete effectively against international suppliers [8][9]. - Huizhiwei's Phase8L L-PAMiD module has achieved mass production and is positioned to enhance the domestic RF front-end industry's competitiveness against international players [9][10]. Group 4: Market Dynamics - The competition in the domestic RF front-end market is characterized by both technological and capital challenges, with companies needing to invest heavily in R&D while also managing operational costs [11]. - The market is expected to undergo significant changes, with the introduction of new products and technologies potentially reshaping the competitive landscape [12][13]. - The year 2025 is anticipated to mark the beginning of a more intense phase of competition in the domestic RF front-end sector, as companies strive to establish their market positions [13].