来源：金融界 天眼查资料显示，北京唯捷创芯精测科技有限责任公司，成立于2020年，位于北京市，是一家以从事科 技推广和应用服务业为主的企业。企业注册资本20000万人民币，实缴资本20000万人民币。通过天眼查 大数据分析，北京唯捷创芯精测科技有限责任公司参与招投标项目9次，专利信息71条，此外企业还拥 有行政许可13个。 金融界2025年4月5日消息，国家知识产权局信息显示，北京唯捷创芯精测科技有限责任公司申请一项名 为"射频前端芯片量产测试方法及基于多Site测试量产板的射频前端芯片批量量产测试方法"的专利，公 开号CN 119758041 A，申请日期为2025年1月。 专利摘要显示，本发明公开了一种射频前端芯片量产测试方法及基于多Site测试量产板的射频前端芯片 批量量产测试方法。该射频前端芯片量产测试方法包括：基于量产测试项目确定射频前端芯片中具备相 同量产测试条件的射频通路；基于射频通路的信号输入端口的数量确定每次量产测试的测试通路的数 量；基于测试通路的数量和射频通路的数量确定量产测试次数；基于量产测试次数开展射频前端芯片量 产测试。本发明通过合并相同测试项相同测试条件下的射频通路，实现同时测试 ...

一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2022 年 3 月 1 日出具的《关于同意唯捷创芯 （天津）电子技术股份有限公司首次公开发行股票注册的批复》 （证监许可〔2022〕 证券代码：688153 证券简称：唯捷创芯 公告编号：2025-017 唯捷创芯（天津）电子技术股份有限公司 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： ? 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 本次股票上市流通总数为 46,914,930 股。 ? 本次股票上市流通日期为 2025 年 4 月 14 日。 人民币普通股（A 股）股票 40,080,000 股，并于 2022 年 4 月 12 日在上海证券交 易所科创板上市。发行完成后总股本为 400,080,000 股，其中有限售条件流通股 占公司发行后总股本的 7.63%。 本次上市流通的限售股为公司首次公开发行部分限售股，限售股股东数量为 股，占公司股本总数的 10.91%。现限售期即将届满，上述限售股将于 2025 年 4 月 ...

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 首次公开发行部分限售股上市流通的核查意见 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《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（2024 年 4 月修订）》《科创板上 市公司持续监管办法（试行）》等有关规定，对唯捷创芯首次公开发行部分限售 股上市流通事项进行了审慎核查，具体情况如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2022 年 3 月 1 日出具的《关于同意唯捷创 芯（天津）电子技术股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕 425 号），同意公司首次公开发行股票的注册申请。公司首次向社会公众公开发 行人民币普通股（A 股）股票 40,080,000 股，并于 2022 年 4 月 12 日在上海证券 交易所科创板上市。发行完成后公司总股本为 400,080,000 股，其中有限售条件 流通股 369,540,709 股 ...

证券代码：688153 证券简称：唯捷创芯 公告编号：2025-017 唯捷创芯（天津）电子技术股份有限公司 关于首次公开发行部分限售股上市流通的公告 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。 重要内容提示： 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 46,914,930 股。 本次股票上市流通总数为 46,914,930 股。 本次股票上市流通日期为 2025 年 4 月 14 日。 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2022 年 3 月 1 日出具的《关于同意唯捷创芯 （天津）电子技术股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕 425 号），同意公司首次公开发行股票的注册申请。公司首次向社会公众公开发行 人民币普通股（A 股）股票 40,080,000 股，并于 2022 年 4 月 12 日在上海证券交 易所科创板上市。发行完成后总股本为 400,080,000 股，其中有限售条件流通股 369,540,709 股，占公司发行后总股本的 92. ...

Investment Rating - The investment rating for the company is "Buy" (首次) [1] Core Viewpoints - The company is a leading domestic player in the RF power amplifier module market, focusing on the research, design, and sales of RF front-end chips, with products widely used in various wireless communication-enabled devices [3][5][7] - The RF front-end market is steadily growing, with the company expected to benefit from the increasing demand for high-end RF modules and the transition to advanced solutions like Phase8 [4][20] - The company is actively expanding its Wi-Fi FEM product line, which is anticipated to gain traction due to the rising demand for AI applications [41][47] Summary by Sections Company Overview - The company specializes in RF front-end chip development, with a primary focus on RF power amplifier modules, RF switch chips, and Wi-Fi RF front-end modules [5][9] - Key clients include major smartphone brands such as Xiaomi, OPPO, and vivo, as well as leading ODM manufacturers [7][9] Market Analysis - The RF front-end market exceeded USD 19.2 billion in 2022 and is projected to reach USD 26.9 billion by 2028, with a CAGR of 5.8% [4][20] - The company is positioned to capture a growing market share in high-end RF modules, particularly with its new L-PAMiF and L-PAMiD products [4][40] Financial Performance - The company is expected to achieve revenues of CNY 21.03 million, CNY 25.30 million, and CNY 29.32 million for the years 2024, 2025, and 2026, respectively, with corresponding net profits of CNY -24 million, CNY 54 million, and CNY 88 million [4][51] - The gross margin is projected to improve from 24.50% in 2024 to 26.02% in 2026 as the company continues to enhance its product offerings [50] Product Development - The company has successfully launched its new generation of low-voltage L-PAMiF modules, which have shown significant advantages in reducing system costs for clients [40] - The Wi-Fi FEM product line is expanding, with plans to introduce new products targeting AI applications in various consumer electronics by Q2 2025 [41][48]

Investment Rating - The investment rating for the company is "Buy" (首次) [1] Core Insights - The company is a leading domestic player in the RF power amplifier module market, focusing on the research, design, and sales of RF front-end chips, with products widely used in smartphones, tablets, and other wireless communication devices [3][5][7] - The RF front-end market is expected to grow steadily, with the market size projected to increase from over $19.2 billion in 2022 to $26.9 billion by 2028, representing a CAGR of 5.8% [4][20] - The company is well-positioned to benefit from the growing demand for high-end RF modules and Wi-Fi FEM products, particularly in AI applications [4][42] Financial Summary - The company is projected to achieve total revenue of 2,103 million yuan in 2024, a decrease of 29.5% year-on-year, followed by a recovery to 2,530 million yuan in 2025 and 2,932 million yuan in 2026, with respective growth rates of 20.3% and 15.9% [4][52] - The net profit attributable to the parent company is expected to be -24 million yuan in 2024, with a significant recovery to 54 million yuan in 2025 and 88 million yuan in 2026, reflecting year-on-year growth rates of 121.1% and 62.2% [4][52] - The company's gross margin is projected to improve from 24.8% in 2023 to 26.3% in 2026, driven by the increasing share of high-end products [4][52] Business Outlook - The company has established long-term relationships with major clients such as Xiaomi, OPPO, and vivo, which strengthens its competitive advantage [7][9] - The introduction of new products, such as the L-PAMiF and L-PAMiD modules, is expected to enhance market share and revenue growth [4][41] - The company is actively expanding its Wi-Fi FEM product line, which is anticipated to benefit from the explosive growth in AI terminal products [42][49]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Insights - The company is focusing on the promotion of its latest Wi-Fi 7 PA module, which enhances signal transmission for AI glasses, improving user experience through stable data transmission [4] - The automotive communication market is expected to grow significantly, with the company developing new 5G RF front-end products to meet the increasing demand in this sector [5] - Revenue projections for the company are estimated at 2.1 billion, 2.42 billion, and 2.81 billion yuan for the years 2024, 2025, and 2026 respectively, with a forecasted net profit of -24.28 million, 72.51 million, and 101.64 million yuan for the same years [6][8] Company Overview - The latest closing price of the company's stock is 37.87 yuan, with a total market capitalization of 16.3 billion yuan [3] - The company has a total share capital of 430 million shares, with 114 million shares in circulation [3] - The company's largest shareholder is Gaintech Co. Limited [3] Financial Forecasts - The company is projected to experience a revenue decline of 29.46% in 2024, followed by a recovery with growth rates of 15% and 16% in 2025 and 2026 respectively [8] - The EBITDA for the years 2024, 2025, and 2026 is expected to be 1.0641 billion, 2.0965 billion, and 2.4691 billion yuan respectively [8] - The company's net profit margin is projected to improve from -1.2% in 2024 to 3.6% in 2026 [10]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company is focusing on the promotion of its latest Wi-Fi 7 Power Amplifier (PA) to enhance the user experience of AI glasses by improving data transmission stability and reducing signal interference [4] - The company is developing ultra-low power Wi-Fi PA products specifically for smart terminal applications, which will help extend the battery life of AI glasses [4] - The automotive communication market is expected to grow significantly, with a projected market size of $1.9 billion by 2027, driven by the rapid penetration of 5G modules in vehicles [5] - The company has developed a complete set of automotive-grade 5G RF front-end products that have passed AEC-Q100 certification, targeting mid-to-high-end vehicles [5] Financial Projections - The company is expected to achieve revenues of 2.1 billion, 2.42 billion, and 2.81 billion yuan for the years 2024, 2025, and 2026 respectively, with net profits of -24.28 million, 72.51 million, and 101.64 million yuan for the same years [6] - The revenue growth rates are projected to be -29.46% in 2024, followed by 15.00% in 2025 and 16.00% in 2026 [8] - The company's earnings per share (EPS) are forecasted to be -0.06 yuan in 2024, 0.17 yuan in 2025, and 0.24 yuan in 2026 [8]

唯捷创芯（天津）电子技术股份有限公司 证券代码：688153 证券简称：唯捷创芯 公告编号：2025-016 重要内容提示： 2024 年 12 月 30 日，公司召开第四届董事会第八次会议，会议审议通过了《关 于调整回购股份资金来源的议案》，同意公司将回购资金来源由"自有资金"调整 为"自有资金和专项贷款资金"。除上述调整回购股份资金来源外，公司本次回购 股份方案的其他内容不变。具体内容详见公司于 2025 年 1 月 1 日在上海证券交易 所网站（www.sse.com.cn）披露的《关于调整回购股份资金来源的公告》（公告编 号：2025-002）。 | 回购方案首次披露日 | 2024/9/11，由公司实际控制人、董事长荣秀丽女士 | | --- | --- | | | 提议 | | 回购方案实施期限 | 2024/9/10~2025/9/9 | | 预计回购金额 | 10,000 万元~15,000 万元 | | 回购价格上限 | 46.72 元/股 | | 回购用途 | □减少注册资本 | | | √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 ...

Financial Performance - In 2024, the total operating revenue was RMB 210,304.02 million, a decrease of 29.46% compared to the previous year[3] - Operating profit was RMB -3,275.63 million, down 124.07% year-on-year[3] - Total profit amounted to RMB -2,909.83 million, reflecting a decline of 123.42% compared to the previous year[3] - Net profit attributable to shareholders of the parent company was RMB -2,372.51 million, a decrease of 121.13% year-on-year[3] - The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was RMB -5,267.21 million, down 150.91% year-on-year[3] - Basic earnings per share were RMB -0.06, a decline of 122.22% compared to the previous year[3] - The weighted average return on net assets was -0.59%, a decrease of 3.43 percentage points year-on-year[3] Strategic Initiatives - The company plans to optimize product structure and explore new business growth points in emerging fields such as automotive, AI edge, and robotics[6][7] - The company aims to enhance cost control measures through internal management reforms and design optimizations[6] Market Conditions - The competitive landscape in the RF front-end chip market has intensified, leading to price pressures on certain products[5][8]