Core Viewpoint - Yandong Microelectronics has shown a significant increase in stock price and trading activity, indicating positive market sentiment despite recent fluctuations in the stock performance [1][2]. Group 1: Stock Performance - As of January 15, Yandong Microelectronics' stock price rose by 2.09% to 33.22 CNY per share, with a trading volume of 3.31 billion CNY and a turnover rate of 1.31%, resulting in a total market capitalization of 474.25 billion CNY [1]. - Year-to-date, the stock price has increased by 14.79%, but it has experienced a decline of 8.00% over the last five trading days [1]. - Over the past 20 days, the stock has risen by 23.63%, and over the past 60 days, it has increased by 28.36% [1]. Group 2: Financial Performance - For the period from January to September 2025, Yandong Microelectronics reported a revenue of 1.167 billion CNY, reflecting a year-on-year growth of 18.03% [2]. - The company recorded a net profit attributable to shareholders of -134.004 million CNY, which represents a year-on-year increase of 89.02% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Yandong Microelectronics reached 21,200, an increase of 24.34% compared to the previous period [2]. - The average number of circulating shares per shareholder decreased by 19.58% to 27,621 shares [2]. - The company has distributed a total of 47.9642 million CNY in dividends since its A-share listing [3]. Group 4: Institutional Holdings - As of September 30, 2025, Yandong Microelectronics' top ten circulating shareholders include Yongying Semiconductor Industry Intelligent Selection Mixed Fund, which is the seventh largest shareholder with 13 million shares, marking a new entry [3]. - The ninth largest shareholder, Harvest SSE STAR Market Chip ETF, holds 6.4795 million shares, an increase of 779,600 shares compared to the previous period [3].

Group 1 - Yandong Microelectronics' stock price has declined for four consecutive days, with a total drop of 9.89% during this period, currently trading at 32.54 CNY per share and a market capitalization of 46.455 billion CNY [1] - The company, established on October 6, 1987, 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 services [1] Group 2 - In the third quarter, the Invesco Great Wall CSI 500 Enhanced Strategy ETF holds 185,400 shares of Yandong Microelectronics, representing 1.45% of the fund's net value, making it the fourth-largest holding [2] - The fund has experienced a floating loss of approximately 122,400 CNY today, with total floating losses of 662,000 CNY during the four-day decline [2] - The Invesco Great Wall CSI 500 Enhanced Strategy ETF was established on December 13, 2021, with a current size of 350 million CNY, yielding 6.81% year-to-date and 48.21% over the past year [2]

Core Viewpoint - Yandong Microelectronics has shown significant stock price appreciation, with a year-to-date increase of 25.36% and a notable rise of 33.28% over the past five trading days, indicating strong market interest and potential growth in the semiconductor sector [2]. Group 1: Stock Performance - As of January 8, Yandong Microelectronics' stock price increased by 2.05%, reaching 36.28 CNY per share, with a trading volume of 284 million CNY and a turnover rate of 1.02% [1]. - The stock has experienced substantial gains over various time frames: 25.36% year-to-date, 33.28% in the last five trading days, 47.24% over the past 20 days, and 34.07% in the last 60 days [2]. Group 2: Company Overview - Yandong Microelectronics, established on October 6, 1987, and listed on December 16, 2022, is located in Beijing Economic and Technological Development Zone. 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 [2]. - The revenue composition of Yandong Microelectronics includes 47.18% from products and solutions, 43.91% from manufacturing and services, and 5.79% from other sources [2]. Group 3: Financial Performance - For the period from January to September 2025, Yandong Microelectronics reported a revenue of 1.167 billion CNY, reflecting a year-on-year growth of 18.03%. The net profit attributable to shareholders was -13.40 million CNY, showing a significant improvement with a year-on-year increase of 89.02% [2]. - The company has distributed a total of 47.9642 million CNY in dividends since its A-share listing [3]. Group 4: Shareholder Information - As of September 30, 2025, Yandong Microelectronics had 21,200 shareholders, an increase of 24.34% from the previous period, with an average of 27,621 circulating shares per shareholder, down by 19.58% [2]. - Among the top ten circulating shareholders, Yongying Semiconductor Industry Smart Selection Mixed Fund (015967) is the seventh largest with 13 million shares, while the Harvest SSE STAR Chip ETF (588200) ranks ninth with 6.4795 million shares, having increased by 779,600 shares compared to the previous period [3].

Group 1: Data Standards and Regulations - The National Bureau of Statistics announced that by 2026, China will introduce over 30 national standards in the data field, focusing on emerging areas such as intelligent agents and embodied intelligence [2] - The development of standards for public data, high-quality datasets, and data infrastructure will be accelerated, along with key standards for urban digital transformation and a national integrated computing network [2] - In 2025, China developed 48 national standards and technical documents in the data field, with over one-third undergoing simultaneous validation trials during the drafting process [2] Group 2: Technology Developments - Huang Renxun stated at CES that server racks equipped with the new Rubin chip can be cooled without water cooling systems, requiring airflow similar to that of racks with Blackwell chips [3] - Following Huang's comments, data center cooling concept stocks experienced significant declines, with companies like Johnson Controls and Trane Technologies dropping by 10% and Modine by 20% [3] Group 3: Financing and Investment - XAI announced it raised $20 billion in its E round of financing, surpassing its $15 billion target, with strategic investors including Nvidia and Cisco [4] - Qiang Brain Technology, a brain-computer interface "unicorn," completed approximately 2 billion yuan in financing, making it the second-largest financing in the brain-computer interface field after Neuralink [5] Group 4: Market Trends - Two listed companies in lithium iron phosphate confirmed price increases of 1,500 to 2,000 yuan per ton for major clients [6] - Companies like Xiangyu Medical and Weisi Medical are focusing on non-invasive brain-computer interface technologies, but have not achieved large-scale sales as of the end of 2025 [7][8] - Micron's products in the brain-computer interface field are still in the research and market cultivation phase, with no significant impact on company performance yet [9] Group 5: Corporate Actions - Chip Origin announced the completion of the acquisition of Zhudian Semiconductor, with a new registered capital of 9.5 billion yuan, making it the largest shareholder [11] - Shengke Communication's second-largest shareholder plans to reduce its stake by up to 3% through trading methods [12] - Yandong Micro's fourth-largest shareholder reduced its stake from 6.08% to 6.00% as part of a previously disclosed plan [13]

Core Viewpoint - Yandong Microelectronics (688172.SH) announced that the National Integrated Circuit Fund will reduce its holdings in the company by selling a total of 1.0902 million unrestricted circulating shares through a centralized bidding process, decreasing its ownership percentage from 6.08% to 6.00% [1] Group 1 - The National Integrated Circuit Fund will sell 1.0902 million shares of Yandong Microelectronics [1] - The reduction in ownership percentage is from 6.08% to 6.00% [1] - The sale will occur between January 6, 2026, and January 6, 2026 [1]

Core Viewpoint - Yandong Microelectronics (688172.SH) announced that the National Integrated Circuit Fund will reduce its holdings in the company by selling a total of 1.0902 million unrestricted circulating shares through centralized bidding from January 6, 2026, resulting in a decrease in its shareholding ratio from 6.08% to 6.00% [1] Summary by Category - **Company Actions** - The National Integrated Circuit Fund will sell 1.0902 million shares of Yandong Microelectronics [1] - The shareholding ratio of the National Integrated Circuit Fund will decrease from 6.08% to 6.00% [1] - **Market Impact** - The reduction in shareholding may influence market perception and investor confidence in Yandong Microelectronics [1]

证券代码：688172 证券简称：燕东微 公告编号：2026-001 燕东微：关于持股 5%以上股东权益变动触及 1%刻 度的提示性公告 | 信息披露义务人名称 | 投资者身份 | 统一社会信用代码 | | --- | --- | --- | | | □ 控股股东/实控人 | | | 国家集成电路产业投 | 控股股东/实控人的一致行 □ |  911100007178440918 | | 资基金股份有限公司 | 动人 | 不适用 □ | | |  其他直接持股股东 | | 重要内容提示： 权益变动方向 比例增加□ 比例减少 权益变动前合计比例 6.08% 权益变动后合计比例 6.00% 本次变动是否违反已作出的承 诺、意向、计划 是□ 否 是否触发强制要约收购义务 是□ 否 3.一致行动人信息 上述信息披露义务人无一致行动人。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 一、 信息披露义务人及其一致行动人的基本信息 1.身份类别 | | □控股股东/实际控制人及其一致行动人 其他 5%以上大股东及其一致行动人 | | --- | --- | | 投资者及其一致行动人的身份 | □ ...

Core Viewpoint - The announcement indicates that the National Integrated Circuit Industry Investment Fund Co., Ltd. has reduced its stake in Yandong Microelectronics by selling 1.0902 million unrestricted circulating shares, decreasing its ownership from 6.08% to 6.00% as part of a previously disclosed reduction plan [1] Group 1 - The share reduction occurred on January 6, 2026, through centralized bidding [1] - The reduction in shareholding touches a 1% threshold, indicating a significant change in ownership percentage [1] - The reduction plan has not yet been fully implemented as of the announcement date [1] Group 2 - This share reduction will not lead to changes in the company's controlling shareholder or actual controller [1] - There will be no significant impact on the company's governance structure or ongoing operations as a result of this share reduction [1]

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board 100 Index (000698) increased by 0.28%, with notable gains in constituent stocks such as Gotion High-Tech (688390) up 10.44%, and ZK Measurement (688361) up 7.59% [1] - The China Passenger Car Association projected a 25% growth in the sales of new energy passenger vehicles in China for 2025, with December 2022 showing a 4% year-on-year increase in wholesale figures [1] - Prices for memory chips are on the rise, with Samsung and SK Hynix announcing price increases of 60%-70% for DRAM products in Q1 2023 compared to Q4 2022 [1] Group 2 - The Huaxia Sci-Tech 100 ETF (588800) is the first and only mid-cap index tracking the Sci-Tech 100 Index, focusing on high-growth sectors including semiconductors, pharmaceuticals, and new energy [2] - The semiconductor equipment sector is expected to experience a significant expansion cycle starting in 2026, with industry-wide order growth potentially exceeding 30% and possibly reaching over 50% [1]

Group 1 - The core viewpoint of the news is that Yandong Microelectronics has shown a positive stock performance, with a 5.05% increase in share price, reaching 34.10 yuan per share, and a total market capitalization of 48.682 billion yuan [1] - Yandong Microelectronics, established on October 6, 1987, is located in Beijing Economic and Technological Development Zone and specializes in the design, production, and sales of discrete devices, analog integrated circuits, and special integrated circuits [1] - The company's revenue composition includes 47.18% from products and solutions, 43.91% from manufacturing and services, and 5.79% from other 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 holds 58,700 shares, accounting for 1.81% of the fund's net value [2] - The Fuyong Research Optimal Mixed A Fund was established on September 19, 2023, with a latest scale of 1.3054 million, and has achieved a year-to-date return of 3.19% [2] - The fund has a one-year return of 51.95%, ranking 1707 out of 8081 in its category, and a cumulative return of 41.8% since inception [2]