Core Viewpoint - The article highlights the significant growth and strategic focus of Xidi Microelectronics, a leading domestic power management chip supplier, emphasizing its high R&D investment and the resulting business performance improvements [3][5][12]. R&D Investment - Xidi Micro has maintained a high R&D investment, with 46.31% of its total expenditure allocated to R&D in 2024, which has led to substantial technological advancements and patent generation [5][7]. - The company has accumulated 249 patents, with over 60% of its workforce dedicated to R&D, indicating a strong commitment to innovation [9]. Business Performance - In the first half of the year, Xidi Micro's revenue surged by 102%, gross profit increased by 71.5%, and net losses were reduced by 62%, showcasing the effectiveness of its strategies [5]. - The company has established a significant customer base in various sectors, including Android smartphone manufacturers and the smart automotive industry, with its visual perception products leading the global market [9]. Competitive Landscape - Xidi Micro faces competition from both domestic and international players, with its main competitors in the visual perception sector being Japan's Asahi Kasei and previously ON Semiconductor from the U.S. [11]. - The company acknowledges the need for domestic suppliers to enhance their capabilities in high-power products, where foreign suppliers currently dominate [11]. Supply Chain Management - Xidi Micro's inventory level is approximately 10%, which is considered relatively good compared to the industry average of 5%-20%. The company focuses on optimizing supply chain management to improve cash flow [14]. - The shift towards domestic suppliers has improved communication efficiency and reduced production cycles, benefiting the overall supply chain [14]. Future Growth Areas - The primary business segments for future growth are power management chips and voice coil motor driver chips, with significant market potential in consumer electronics and visual perception applications [17]. - Emerging markets such as smart vehicles and AI computing are identified as new growth points, with ongoing R&D efforts to support these areas [17]. Vision and Goals - The founder envisions Xidi Micro achieving an annual revenue of $1 billion, a significant milestone for Chinese semiconductor companies, as none have reached this level in the analog chip sector [22]. - The company aims to contribute to the development of China's semiconductor industry while navigating the challenges of scaling up operations [22].

Core Points - On September 29, a total of 25 listed companies had their restricted shares unlocked, with a total market value of approximately 24.818 billion yuan [1] Summary by Category Restricted Share Unlocking - The companies involved in the unlocking of restricted shares include: - Luzhou Laojiao (000568) with 102,700 shares from equity incentive restrictions - East China Pharmaceutical (000963) with 215,000 shares from equity incentive restrictions - Taiyuan Heavy Industry (600169) with 11.6502 million shares from equity incentive restrictions - Jinfat Technology (600143) with 7.406 million shares from equity incentive restrictions - Guotai Junan (601211) with 3.2495 million shares from equity incentive restrictions - Guanglian Da (002410) with 3.2334 million shares from equity incentive restrictions - Ningbo Port (601018) with 3.647 billion shares from A-share issuance to legal person allocation - Zhongjin Environment (300145) with 852,070 shares from equity incentive restrictions - Keli Ke (002782) with 768,000 shares from equity incentive restrictions - Yingjie Electric (300820) with 62,500 shares from equity incentive restrictions - Laobaixing (603883) with 868,400 shares from equity incentive restrictions - Zhaoxun Media (301102) with 218 million shares from extended lock-up period - Zhongjing Technology (003026) with 20,000 shares from equity incentive restrictions - Woge Optoelectronics (603773) with 14.8003 million shares from A-share issuance to original shareholders allocation - Hanrui Cobalt (300618) with 104,670 shares from equity incentive restrictions - Fujilai (301258) with 55.362 million shares from extended lock-up period - Wankai New Materials (301216) with 225 million shares from extended lock-up period - Weiteou (301319) with 29.8 million shares from pre-issue share restrictions - Guanshi Technology (605588) with 19,870 shares from equity incentive restrictions - Sanwang Communication (688618) with 13,500 shares - Xidi Micro (688173) with 771,800 shares - Rendu Biology (688193) with 8.4316 million shares - Jinchang Protein (688137) with 7.145 million shares - Jiao Cheng Ultrasound (688392) with 43.8612 million shares - Aike Saibo (688719) with 824,800 shares [1]

Core Viewpoint - The company, Xidi Micro (688173.SH), has announced that its fundraising project for the research and industrialization of high-performance power management chips for consumer electronics and communication devices has reached its predetermined objectives [1] Group 1 - The fundraising project is specifically focused on the development and industrialization of power management chips [1] - The project aims to enhance the company's capabilities in the consumer electronics and communication sectors [1] - The successful achievement of the project's objectives indicates progress in the company's strategic initiatives [1]

根据《广东希荻微电子股份有限公司首次公开发行股票并在科创板上市招股 说明书》及《希荻微电子集团股份有限公司关于部分募投项目调整投资规模及延 期的公告》（公告编号：2024-075），公司首次公开发行募集资金在扣除各项发行 费用后将用于的投资项目具体如下： 关于部分募投项目结项并将节余募集资金 永久补充流动资金的公告 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。 希荻微电子集团股份有限公司（以下简称"公司"）首次公开发行股票募集 资金投资项目（以下简称"募投项目"）之"高性能消费电子和通信设备电源管 理芯片研发与产业化项目"已达到预定可使用状态，公司决定将其结项，并将该 项目的节余募集资金 301.76 万元（实际金额以资金转出当日专户余额为准）用 于永久补充公司流动资金。本事项无需董事会审议，亦无需保荐机构发表意见。 现将相关情况公告如下： 一、募集资金的基本情况 根据中国证券监督管理委员会于 2021 年 12 月 14 日出具的《关于同意广东 希荻微电子股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕3 ...

Core Insights - The company, Xidi Microelectronics, experienced a slight increase in stock price by 0.67% on September 25, with a trading volume of 181 million yuan [1] - The company reported a financing buy-in amount of 14.44 million yuan and a financing repayment of 16.89 million yuan on the same day, resulting in a net financing buy of -2.45 million yuan [1] - As of September 25, the total margin balance for Xidi Microelectronics was 120 million yuan, which represents 1.77% of its market capitalization [1] Financing and Margin Data - On September 25, Xidi Microelectronics had a financing buy-in of 14.44 million yuan, with a current financing balance of 120 million yuan, exceeding the 60th percentile level over the past year [1] - The company had no short-selling activity on September 25, with a short-selling balance of 10,000 yuan and a remaining short position of 6,022 shares, which is below the 40th percentile level over the past year [1] Company Overview - Xidi Microelectronics, established on September 11, 2012, and listed on January 21, 2022, is a leading semiconductor and integrated circuit design company in China [2] - The company's main business includes the research, design, and sales of analog integrated circuit products, with a revenue composition of 49.41% from power management chips, 17.93% from port protection and signal switching chips, and 16.99% from voice coil motor driver chips [2] - As of June 30, the number of shareholders increased by 16.22% to 14,200, while the average circulating shares per person decreased by 13.95% to 16,873 shares [2] Financial Performance - For the period from January to June 2025, Xidi Microelectronics achieved a revenue of 466 million yuan, representing a year-on-year growth of 102.73% [2] - The company reported a net profit attributable to shareholders of -44.69 million yuan, which is a year-on-year increase of 61.98% [2] Shareholding Structure - As of June 30, 2025, Hong Kong Central Clearing Limited was the ninth largest circulating shareholder, holding 2.97 million shares as a new shareholder [3]

Group 1 - The company has established partnerships with multiple product lines, including collaborations with Lixun Precision and Lijing Innovation [3] - Industry insiders believe that as the collaboration within the supply chain deepens, the partnership with leading enterprises is expected to further enhance the company's market influence in the analog chip and mixed-signal chip sectors [3]

Core Viewpoint - The announcement from Xidiwei indicates that the shares held by the late Ms. Dai Zuyu will be inherited by her son, Mr. Tao Hai, but the transfer process is taking longer than expected due to the complexity of the required documentation and associated costs [2] Group 1 - Ms. Dai Zuyu, one of the original actual controllers of the company, passed away in May 2025, holding 93,790,457 shares [2] - The shares will be inherited by Mr. Tao Hai, who is also one of the actual controllers of the company, as confirmed by notarization on August 25, 2025 [2] - The company is monitoring the progress of the share transfer and will fulfill its information disclosure obligations in a timely manner [2]

Core Viewpoint - The company, Xidiwei, focuses on the research, design, and sales of analog chips and mixed-signal chips, and has established partnerships with Luxshare Precision and Lijing Innovation for multiple product lines [1] Group 1 - The main business of the company is the development, design, and sales of analog chips and mixed-signal chips [1] - The company has formed cooperative relationships with Luxshare Precision and Lijing Innovation for several product lines [1] - Future business planning and specific developments will be announced through company announcements [1]

鉴于股份继承过户登记手续所需的相关文件及所涉及的费用仍在准备和筹 措过程中，办理周期和程序比预期较长和繁杂，截至本公告披露之日，上述股份 继承过户尚未办理完成。公司将持续关注相关事项进展情况，并及时履行信息披 露义务。 证券代码：688173 证券简称：希荻微 公告编号：2025-040 希荻微电子集团股份有限公司 关于原实际控制人股份继承过户的进展公告 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。 希荻微电子集团股份有限公司（以下简称"公司"）原实际控制人之一戴祖 渝女士于 2025 年 5 月逝世，戴祖渝女士生前直接持有公司股份 93,790,457 股。 2025 年 8 月 25 日，经广东省深圳市先行公证处公证，上述股份全部由其长子暨 公司实际控制人之一 TAO HAI（陶海）先生继承。具体内容详见公司于 2025 年 8 月 26 日披露的《希荻微电子集团股份有限公司关于公司实际控制人变更暨股 东权益变动的提示性公告》（公告编号：2025-065）及《希荻微电子集团股份有 限公司详式权益变动报告书》。 特此公 ...

Core Points - The announcement from Xidiwei indicates that the stock listing type is for equity incentive shares [2] - The method of stock subscription is offline, with a total of 771,809 shares listed for trading [2] - The total number of shares available for circulation is also 771,809, with the circulation date set for September 29, 2025 [2]