Core Viewpoint - TSMC's EDA alliance membership has decreased from 16 to 13 members, indicating a shift in the competitive landscape of the EDA industry, with the inclusion of domestic player Primarius and the exclusion of Empyrean [1][2]. Group 1 - TSMC's latest EDA alliance member list shows a reduction in members from 16 in 2024 to 13 in 2025, with major players Synopsys, Cadence, and Siemens EDA remaining dominant [1]. - Four companies, including Primarius, have made their debut in the alliance, while seven companies from the previous year, including Empyrean, are no longer listed [1][3]. - Primarius is recognized as the first domestic EDA listed company with competitive core technologies in the international market, focusing on comprehensive EDA solutions for integrated circuit design and manufacturing [3]. Group 2 - The inclusion of Primarius in the EDA alliance signifies a deeper collaboration with TSMC and represents a breakthrough for domestic EDA firms in adapting to international advanced processes [4].

Group 1 - In the first half of 2025, China's investment and financing market showed significant recovery, with a notable increase in activity compared to the previous year [1][3] - The top cities for venture capital financing in China remained Beijing, Shanghai, and Shenzhen, while new first-tier cities like Chengdu, Wuhan, and Changsha experienced over 40% growth [1][3] - Chengdu's technology innovation investment and financing ecosystem was highlighted, with a focus on investment dynamics in the first half of 2025 [1][3] Group 2 - In Chengdu, there were 167 investment and financing events in the technology sector in the first half of 2025, which is stable compared to 165 events in the same period of 2024 and a significant increase from 118 events in 2023 [3] - The investment events covered various industries, including electronic information, digital economy, healthcare, aerospace, green low-carbon, and new consumption [3] - The financing rounds included angel rounds, A rounds, B rounds, C rounds, and Pre-IPO rounds, with unclassified financing events categorized as equity financing [3] Group 3 - The data collection primarily relied on publicly disclosed information, with some support from investment institutions and entrepreneurial platforms [3] - The statistics included equity financing events from seed angel rounds to pre-IPO financing, as well as significant investment events in the capital market, including listings and new third board listings [3] - The data focused mainly on technology companies while also considering relevant data from traditional industries [3]

证券代码：688206 证券简称：概伦电子 公告编号：2025-040 上海概伦电子股份有限公司 关于筹划发行股份及支付现金购买资产并募集配套 资金暨关联交易事项的进展公告 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、准确性和完整性承担相应的法律责任。 一、本次交易基本情况 三、本次交易的后续工作安排 上海概伦电子股份有限公司（以下简称"公司"或"概伦电子"）拟通过发 行股份及支付现金的方式购买成都锐成芯微科技股份有限公司 100%股权及纳能 微电子（成都）股份有限公司 45.64%股权，并募集配套资金（以下简称"本次 交易"）。本次交易完成后，成都锐成芯微科技股份有限公司与纳能微电子（成都） 股份有限公司均将成为公司的全资子公司。本次交易预计构成重大资产重组，构 成关联交易，不构成重组上市。 截至本公告日，公司正与交易各方积极沟通交易方案，有序推进本次交易相 关工作。本次交易相关的尽调、审计、评估等工作正在持续有序推进中。 二、本次交易进展情况 根据上海证券交易所相关规定，经公司申请，公司股票（证券简称：概伦电 子，证券代码：688206）自 202 ...

Core Viewpoint - The recent lifting of the EDA export ban by the U.S. government is a significant development for the Chinese semiconductor industry, allowing access to advanced EDA technologies and potentially accelerating chip design capabilities and high-end chip development [6][24]. Group 1: EDA Export Ban and Its Lifting - The U.S. government lifted the export ban on EDA software for Chinese companies, with Siemens, Synopsys, and Cadence resuming their services [6][7]. - The original ban was imposed on May 29, 2025, targeting EDA tools related to AI chip development and entities on the entity list [8]. - U.S. companies dominate the global EDA market, holding a combined market share of 74% as of 2024, with over 80% in the Chinese EDA market [9]. Group 2: Importance of EDA - EDA, or Electronic Design Automation, is crucial for chip design, encompassing tools for design, layout, and verification, significantly impacting the success rate and cost of chip production [13][14]. - The complexity and high costs associated with chip design necessitate the use of EDA tools to minimize errors and reduce losses [13][14]. Group 3: Challenges for Domestic EDA - Domestic EDA companies face significant challenges, including a lack of comprehensive EDA toolchains and a gap in advanced process support, particularly for nodes below 3nm [21]. - The Chinese EDA industry has historically been slow to develop due to limited investment and reliance on foreign technologies [16][17]. Group 4: Future Implications of the Ban Lifting - The lifting of the EDA export ban may lead to a rapid resumption of collaboration between Chinese semiconductor firms and international EDA giants, potentially accelerating high-end chip design projects [25]. - However, there is a risk that increased reliance on imported EDA tools could weaken the motivation to develop domestic alternatives [25][26]. - To achieve true technological independence, the Chinese semiconductor industry must prioritize the development and adoption of domestic EDA solutions [26].

Core Viewpoint - The recent reversal of the U.S. export control policy on EDA (Electronic Design Automation) companies has significant implications for the semiconductor industry in China, highlighting the urgent need for domestic alternatives in core technology areas [1][4]. Group 1: Policy Changes - On July 3, 2023, the U.S. Department of Commerce notified major EDA suppliers—Synopsys, Cadence, and Siemens—that the previous requirement for government licenses for their operations in China has been lifted, allowing them to fully restore services to Chinese clients [2][3]. - The initial export restrictions imposed in May 2023 required these companies to apply for licenses to export specific EDA tools to China, which could have severely impacted both the companies and the domestic semiconductor industry [3][4]. Group 2: Market Dynamics - The three major EDA companies dominate the global market, holding over 70% of the global EDA market share and exceeding 80% in the Chinese market [3]. - The recent export ban and its subsequent lifting have underscored the vulnerability of Chinese chip design firms to supply chain disruptions, as they rely heavily on these international EDA tools [4][5]. Group 3: Domestic Industry Response - The need for domestic EDA solutions has been amplified by the recent events, with experts suggesting that the Chinese semiconductor industry must support local EDA companies while also encouraging the adoption of domestic alternatives through policy measures [1][5]. - Domestic EDA companies, such as Huada Empyrean, GigaDevice, and Gexin Electronics, are currently small players in a market dominated by international giants, indicating a significant gap in technology and product offerings [5][6]. Group 4: Future Outlook - The long-term development of domestic EDA capabilities is essential, as the current reliance on international tools poses a substantial risk to the Chinese semiconductor supply chain [4][6]. - Mergers and acquisitions are seen as a strategy for domestic EDA firms to strengthen their market position and enhance technological capabilities, with several companies actively pursuing such opportunities [6][7].

二 0 二五年六月十日 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 关于上海概伦电子股份有限公司 差异化分红的 法律意见书 上海市锦天城律师事务所法律意见书 上海市锦天城律师事务所 关于上海概伦电子股份有限公司 差异化分红的法律意见书 致：上海概伦电子股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受上海概伦电子股份有限 公司（以下简称"公司"）委托，就公司 2024 年度利润分配所涉及的差异化分 红（以下简称"本次差异化分红"）相关事项出具本法律意见书。 为出具本法律意见书，本所律师查阅了公司本次差异化分红的有关文件和材 料，就相关事项向公司进行了必要的询问。本所根据《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》"）、《上市公司股份回购规则》（以下简称"《回购规则》"）、《上海 证券交易所上市公司自律监管指引第 7 号——回购股份》（以下简称"《回购指 引》"）及《上海证券交易所科创板股票上市规则》（以下简 ...

上海概伦电子股份有限公司 2024年年度权益分派实施公告 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。 证券代码：688206 证券简称：概伦电子 公告编号：2025-039 重要内容提示： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/7/10 | 2025/7/11 | 2025/7/11 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经上海概伦电子股份有限公司（以下简称"公司""本公 司"）2025 年 6 月 10 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股 东。 是否涉及差异化分红送转：是 每股分配比例 每股现金红利0.03元（含税） 相关日期 1. 发放年度：2024年年度 2. 分派对象： 3. 差异化分红送转方案： （1）本次差异化分红方案 根据公司 2024 年年度股东大会审议通 ...

Group 1 - The U.S. government has lifted certain export licensing requirements for chip design software to China, allowing companies like Siemens and Synopsys to resume sales and support for their products in the Chinese market [1][2] - Siemens confirmed that it has regained full access to export-controlled software and technology, specifically under ECCNs 3D991 and 3E991, and has resumed sales and technical support to Chinese customers [2][3] - The global EDA market reached $14.53 billion in 2023, which, while relatively small, plays a crucial role in supporting the trillion-dollar electronics industry [2][3] Group 2 - EDA tools are essential for reducing design complexity, minimizing errors, and improving the success rate of integrated circuit (IC) production, thus significantly impacting the efficiency and quality of the entire industry [3] - The majority of the EDA market is dominated by three major international players: Synopsys, Cadence, and Siemens EDA, which together hold nearly 80% market share, while domestic companies account for less than 2% [3][4] - Despite the dominance of international EDA firms, domestic EDA companies are making progress, with a growing number of high-quality local enterprises emerging in China [4][5] Group 3 - Domestic EDA firms like Huada Jiutian, Gai Lun Electronics, and Guangli Micro have seen slight declines in stock prices following the resumption of supply from international EDA companies [4] - Huada Jiutian offers a comprehensive simulation circuit design EDA tool system, while Gai Lun Electronics combines semiconductor device testing systems with EDA software for differentiated solutions [5] - Guangli Micro is one of the few companies capable of providing full-process coverage products and services in yield enhancement and electrical monitoring [5]

Core Insights - Major EDA software companies Synopsys, Cadence, and Siemens have resumed services to China after the U.S. Bureau of Industry and Security (BIS) lifted export restrictions [1][2] Group 1: Market Share and Impact - In 2024, Synopsys, Cadence, and Siemens are projected to hold 31%, 30%, and 13% of the global EDA market share, respectively, totaling over 70% [1] - These three companies dominate the Chinese market, accounting for over 80% of the market share [1] - Synopsys and Cadence reported that their revenues from China represent 16% and 12% of their total revenues for the 2024 fiscal year [1] Group 2: Regulatory Changes - The BIS had previously issued export restrictions against these companies, impacting their business outlook [1] - Following the recent communication from BIS, Cadence confirmed the removal of the export restrictions and is working to restore access to affected customers [2] - Synopsys is also assessing the impact of the export restrictions on its business and financial results [2] Group 3: Market Reaction - Following the announcement of the resumption of services, the A-share EDA concept sector experienced a decline, with companies like Huada Jiutian, Guangliwei, and Gelun Electronics seeing drops of 1.9%, 2.24%, and 4.3% respectively [2] - Prior to the lifting of restrictions, the A-share EDA sector had previously surged in response to supply chain concerns [2]

Core Viewpoint - The company, Shanghai Gaolun Electronics Co., Ltd., is set to release 256,744,747 shares for trading on June 30, 2025, marking the end of a 42-month lock-up period for these shares, which represent 59.00% of the company's total equity [1][2][15]. Summary by Sections Stock Listing Details - The upcoming stock listing involves the release of 256,744,747 shares, which corresponds to 59.00% of the company's total equity, with a lock-up period of 42 months from the initial public offering [1][2][15]. - The shares will be available for trading starting June 30, 2025, due to the non-trading day on June 28, 2025 [1][2][15]. Changes in Share Capital - The company has experienced changes in its share capital due to the 2023 restricted stock incentive plan, which included two instances of share capital increase [2][3]. - The first instance involved the registration of 126,900 shares on February 18, 2025, increasing the total share capital from 433,804,445 shares to 433,931,345 shares [2][3]. - The second instance involved the registration of 1,246,508 shares on May 26, 2025, further increasing the total share capital to 435,177,853 shares [3][4]. Shareholder Commitments - Shareholders have made commitments regarding the lock-up period, including a 36-month restriction on transferring or managing shares held prior to the IPO [5][6][8]. - If the closing price falls below the IPO price within six months post-listing, the lock-up period will automatically extend by an additional six months [5][6][8]. - Shareholders must disclose any plans to reduce their holdings three trading days in advance and adhere to specific regulations regarding share transfers [7][9][10]. Compliance and Verification - The sponsor institution, China Merchants Securities Co., Ltd., has verified that all shareholders have complied with their commitments regarding the lock-up period [15][16]. - The release of the restricted shares and the timing of the listing comply with relevant laws and regulations [15][16].