Core Viewpoint - Yandong Microelectronics (688172.SH) announced that its major shareholders, the National Integrated Circuit Fund and Jingguo Rui, plan to reduce their holdings through block trading or centralized bidding, indicating potential changes in shareholder structure and market sentiment [1] Group 1: Shareholder Reduction Plans - The National Integrated Circuit Fund intends to reduce its holdings by up to 21.4143 million shares, representing a maximum of 1.5% of the company's total share capital, within three months after the disclosure of the reduction plan [1] - Jingguo Rui plans to reduce its holdings by up to 14.2762 million shares, which accounts for a maximum of 1% of the company's total share capital, also within three months following the disclosure [1]

Group 1 - The core point of the article is that major shareholders of Yandong Micro (688172.SH) plan to reduce their holdings through block trading or centralized bidding [1] Group 2 - The National Integrated Circuit Fund, a shareholder with over 5% stake, intends to reduce its holdings by up to 21.4143 million shares, which is no more than 1.5% of the company's total share capital, within three months after the disclosure of the reduction plan [1] - Another major shareholder, Jing Guorui, also holding over 5%, plans to reduce its holdings by up to 14.2762 million shares, representing no more than 1% of the company's total share capital, within the same timeframe [1]

证券代码：688172 证券简称：燕东微 公告编号：2025-081 北京燕东微电子股份有限公司 公司 5%以上股东北京京国瑞国企改革发展基金（有限合伙）（以下简称"京 国瑞"）持有燕东微 83,878,055 股，占公司总股本的 5.88%。上述股份来源为公 司首次公开发行股票并上市前取得。 减持计划的主要内容 公司 5%以上股东国家集成电路基金因自身经营管理需要，本次拟通过大宗 交易或集中竞价的方式减持，将于本减持计划披露之日起 15 个交易日之后的三 个月内减持公司股份不超过 21,414,271 股，本次拟通过大宗交易或集中竞价方式 减持股份不超过公司总股本比例 1.5%。 公司 5%以上股东京国瑞因自身经营需要，本次拟通过大宗交易或集中竞价 的方式减持，将于本减持计划披露之日起 15 个交易日之后的三个月内减持公司 股份不超过 14,276,180 股，本次拟通过大宗交易或集中竞价方式减持股份不超过 公司总股本比例 1%。 减持价格将按照减持实施时的市场价格确定，若减持期间公司有送股、资本 公积金转增股本、增发新股等股份变动事项，减持股份数量进行相应调整。 公司近日收到股东国家集成电路基金出具的《关 ...

人民财讯11月19日电，燕东微(688172)11月19日公告，公司持股6.08%的股东国家集成电路产业投资基 金股份有限公司(简称"国家集成电路基金")拟减持公司股份不超过2141.43万股，不超过公司总股本比例 1.5%。公司持股5.88%的股东北京京国瑞国企改革发展基金(有限合伙)(简称"京国瑞")拟减持公司股份不 超过1427.62万股，不超过公司总股本的1%。 ...

每经AI快讯，11月19日，燕东微(688172.SH)公告称，持股5%以上股东国家集成电路基金因自身经营管 理需要，计划通过大宗交易或集中竞价方式减持公司股份不超过2141.43万股，占公司总股本比例不超 过1.5%，减持期间为2025年12月11日至2026年3月11日；股东京国瑞因自身经营需要，计划通过大宗交 易或集中竞价方式减持公司股份不超过1427.62万股，占公司总股本比例不超过1%，减持期间为2025年 12月11日至2026年3月11日。 ...

Core Viewpoint - The major shareholders of Yandong Microelectronics, including the National Integrated Circuit Fund and Jingguo Rui, plan to reduce their holdings through block trades or centralized bidding, indicating a strategic shift in their investment approach [1] Group 1: Shareholder Actions - The National Integrated Circuit Fund intends to reduce its stake by up to 21.4143 million shares, representing 1.5% of the company's total share capital [1] - Shareholder Jingguo Rui plans to decrease its holdings by up to 14.2762 million shares, accounting for 1% of the company's total share capital [1] - The planned reduction period is set to occur within 15 trading days following the announcement and extend up to three months [1] Group 2: Market Conditions - The share price for the planned reductions will be determined based on market prices, reflecting the current market conditions [1] - The reductions are attributed to the shareholders' operational management needs, suggesting a potential reallocation of resources or strategic focus [1]

Group 1 - The core point of the news is that Yandong Microelectronics has seen a stock price increase of 5.4%, reaching 26.72 yuan per share, with a total market capitalization of 38.146 billion yuan as of November 17 [1] - Yandong Microelectronics, established on October 6, 1987, is located in Beijing Economic and Technological Development Zone and was listed on December 16, 2022. The company specializes in the design, production, and sales of discrete devices, analog integrated circuits, special integrated circuits, and semiconductor wafer manufacturing and packaging testing services [1] - The revenue composition of Yandong Microelectronics includes 47.18% from products and solutions, 43.91% from manufacturing and services, 5.79% from other sources, and 3.13% from supplementary sources [1] Group 2 - According to data, Yandong Microelectronics is a significant holding in the Fuyong Fund, specifically in the Fuyong Research Optimal Mixed A Fund (015657), which held 58,700 shares, accounting for 1.81% of the fund's net value, ranking as the fifth-largest holding [2] - The Fuyong Research Optimal Mixed A Fund was established on September 19, 2023, with a latest scale of 1.3054 million. The fund has achieved a year-to-date return of 48.14%, ranking 1028 out of 8213 in its category, and a one-year return of 45.39%, ranking 911 out of 8130 [2] - The fund manager of Fuyong Research Optimal Mixed A is Lang Chengcheng, who has been in the position for 5 years and 126 days, managing a total asset size of 1.242 billion yuan. During his tenure, the best fund return was 61.86%, while the worst was -18.92% [3]

Group 1 - Yandong Microelectronics' stock increased by 5.16% to 25.46 CNY per share, with a trading volume of 135 million CNY and a turnover rate of 0.93%, resulting in a total market capitalization of 36.347 billion CNY [1] - The company, established on October 6, 1987, is located in Beijing Economic and Technological Development Zone and was listed on December 16, 2022. Its main business includes the design, production, and sales of discrete devices, analog integrated circuits, special integrated circuits, and semiconductor wafer manufacturing and packaging testing services [1] - The revenue composition of Yandong Microelectronics is as follows: products and solutions account for 47.18%, manufacturing and services for 43.91%, other for 5.79%, and additional (supplementary) for 3.13% [1] Group 2 - Among the top ten circulating shareholders of Yandong Microelectronics, a fund under Harvest Fund ranks first. The Harvest SSE STAR Chip ETF (588200) increased its holdings by 779,600 shares in the third quarter, bringing its total to 6.4795 million shares, which represents 1.11% of the circulating shares [2] - The Harvest SSE STAR Chip ETF (588200) was established on September 30, 2022, with a latest scale of 40.404 billion CNY. Year-to-date returns are 57.21%, ranking 281 out of 4216 in its category; the one-year return is 49.85%, ranking 216 out of 3951; and since inception, the return is 130.77% [2] Group 3 - The fund manager of the Harvest SSE STAR Chip ETF (588200) is Tian Guangyuan, who has been in the position for 4 years and 251 days. The total asset size of the fund is 75.812 billion CNY, with the best fund return during his tenure being 131.75% and the worst being -46.65% [3]

Group 1 - The core point of the article highlights the performance and market position of Beijing Yandong Microelectronics Co., Ltd., which saw a stock increase of 5.02% to 24.50 CNY per share, with a total market capitalization of 34.977 billion CNY [1] - The company, established in October 1987 and listed in December 2022, specializes in the design, production, and sales of discrete devices, analog integrated circuits, and special integrated circuits, along with semiconductor wafer manufacturing and packaging testing services [1] - The revenue composition of the company includes 47.18% from products and solutions, 43.91% from manufacturing and services, and 5.79% from other sources [1] Group 2 - In terms of fund holdings, Invesco Great Wall Fund has a significant position in Yandong Micro, with its Invesco Great Wall CSI 500 Enhanced Strategy ETF holding 185,400 shares, representing 1.45% of the fund's net value, making it the fourth-largest holding [2] - The fund has achieved a year-to-date return of 29.92%, ranking 1674 out of 4216 in its category, and a one-year return of 23.26%, ranking 1715 out of 3909 [2] Group 3 - The fund managers of Invesco Great Wall CSI 500 Enhanced Strategy ETF are Zhang Xiaonan and Guo Lin, with Zhang having a tenure of 10 years and 75 days, managing assets totaling 36.191 billion CNY, and achieving a best return of 140.67% during his tenure [3] - Guo Lin has a tenure of 3 years and 119 days, managing assets of 5.53 billion CNY, with a best return of 48.58% during his tenure [3]

Core Viewpoint - Yandong Microelectronics has experienced a decline in stock price recently, with a year-to-date increase of 16.16% but a significant drop of 14.22% in the last five trading days [2][3]. Group 1: Stock Performance - As of November 5, Yandong Microelectronics' stock price is 23.29 CNY per share, with a market capitalization of 33.249 billion CNY [1]. - The stock has seen a net outflow of 2.953 million CNY in principal funds, with large orders accounting for 15.40% of total buying and 21.30% of total selling [1]. - Year-to-date, the stock has been on the leaderboard once, with a net buy of -62.5807 million CNY on October 9 [2]. Group 2: Financial Performance - For the period from January to September 2025, Yandong Microelectronics reported revenue of 1.167 billion CNY, representing a year-on-year growth of 18.03% [3]. - The company recorded a net profit attributable to shareholders of -13.4004 million CNY, showing a year-on-year increase of 89.02% [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders has increased by 24.34% to 21,200 [3]. - The average circulating shares per person decreased by 19.58% to 27,621 shares [3]. - The company has distributed a total of 47.9642 million CNY in dividends since its A-share listing [4]. Group 4: Institutional Holdings - As of September 30, 2025, Yandong Microelectronics' seventh largest circulating shareholder is Yongying Semiconductor Industry Smart Selection Mixed Fund, holding 13 million shares [4]. - The ninth largest circulating shareholder is the Harvest SSE STAR Chip ETF, which increased its holdings by 779,600 shares to 6.4795 million shares [4].