Core Insights - On August 27, Aojie Technology's stock rose by 8.66%, with a trading volume of 3.186 billion yuan [1] - The company recorded a net financing purchase of 180 million yuan on the same day, with total financing and securities balance reaching 903 million yuan [1] - Aojie Technology's main business includes the research, design, and sales of wireless communication chips, with revenue composition primarily from chip products at 89.01% [1] Financing and Securities - On August 27, Aojie Technology had a financing buy-in of 526 million yuan, with a financing balance of 890 million yuan, accounting for 2.23% of the circulating market value [1] - The company’s financing balance is above the 90th percentile level over the past year, indicating a high level of financing activity [1] - The short selling data shows that 8,400 shares were sold on August 27, with a short selling amount of 931,000 yuan, and a short selling balance of 13.399 million yuan, also above the 90th percentile level [1] Financial Performance - As of June 30, Aojie Technology reported a revenue of 1.898 billion yuan for the first half of 2025, representing a year-on-year growth of 14.67% [2] - The company experienced a net profit loss of 245 million yuan, but this was an improvement with a year-on-year growth of 7.29% [2] - The number of shareholders increased by 5.28% to 20,800, while the average circulating shares per person decreased by 5.01% to 17,307 shares [2] Shareholder Composition - As of June 30, 2025, the sixth largest circulating shareholder is the Harvest SSE STAR Chip ETF, holding 5.9607 million shares, an increase of 1.4495 million shares from the previous period [2] - The tenth largest shareholder, Hong Kong Central Clearing Limited, holds 4.4265 million shares, a decrease of 924,900 shares compared to the previous period [2]

Core Viewpoint - The report highlights the financial performance and operational status of ASR Microelectronics Co., Ltd. for the first half of 2025, indicating a significant increase in revenue despite ongoing losses due to high R&D investments and asset impairments [3][4][14]. Financial Performance - The company reported a revenue of CNY 1.898 billion for the first half of 2025, representing a 14.67% increase compared to the same period last year [4][14]. - The total profit for the period was a loss of CNY 217 million, an improvement from a loss of CNY 247 million in the previous year [4][14]. - The net profit attributable to shareholders was a loss of CNY 245 million, which is a reduction from a loss of CNY 264 million year-on-year [4][14]. - R&D expenses amounted to CNY 668 million, a 12.35% increase from the previous year, reflecting the company's commitment to enhancing its technological capabilities [4][14]. Industry Position and Business Overview - ASR Microelectronics operates in the wireless communication and semiconductor industry, focusing on the design and development of cellular baseband chips and non-cellular IoT chips [6][12]. - The company has established a strong market presence in the cellular IoT sector, achieving nearly 50% market share in the Cat.1 bis segment as of 2024 [11][12]. - The company’s core technology includes a comprehensive range of wireless communication capabilities, supporting various standards such as 2G, 3G, 4G, and 5G [9][10]. - The chip design industry is characterized by high technical barriers, requiring significant investment and expertise to develop competitive products [8][9]. Product Development and Market Strategy - The company has developed a diverse product line, including multi-mode chips that cater to various applications in mobile payments, asset tracking, and industrial IoT [15][16]. - The 4G Cat.1 chip sales have seen over 50% growth compared to the previous year, driven by increasing demand in both domestic and international markets [11][16]. - ASR Microelectronics is actively expanding its partnerships with major players in the industry, enhancing its supply chain presence with notable companies [11][12]. Future Outlook - The company aims to continue its product iteration and expand its market reach by leveraging its technological strengths and customer support capabilities [12][14]. - ASR Microelectronics is positioned to capitalize on the growing demand for IoT solutions and advanced communication technologies, with ongoing investments in R&D to maintain its competitive edge [6][14].

翱捷科技股份有限公司2025 年半年度报告摘要 公司代码：688220 公司简称：翱捷科技 翱捷科技股份有限公司 翱捷科技股份有限公司2025 年半年度报告摘要 第一节 重要提示 规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 详见公司《2025 年半年度报告》第三节"管理层讨论与分析"之"四、风险因素"所述内容，请 投资者予以关注。 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 无 □适用 √不适用 翱捷科技股份有限公司2025 年半年度报告摘要 第二节 公司基本情况 公司股票简况 公司股票简况 股票种类 股票上市交易所 股票简称 股票代码 变更前股票简 称 A股 上海证券交易所科 翱捷科技 688220 不适用 创板 公司存托凭证简况 □适用 √不适用 联系人和联系方式 联系人和联系方式 董事会秘书（信息披露境内代 证券事务代表 表） 姓名 韩旻 白伟扬 电话 021-60336588*1188 021-60336588*1188 办公地址 中国（上海）自由贸易试验区 中国（上海）自由贸易试验区 科苑路399号10幢8层（名义楼 科苑路399号10幢8层（名 ...

https://roadshow.sseinfo.com/） ? 会议召开方式：上证路演中心网络互动 证券代码：688220 证券简称：翱捷科技 公告编号：2025-033 翱捷科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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、准确性和完整性承担法律责任。 重要内容提示： ??会议召开时间：2025 年 9 月 10 日（星期三）11:00-12:00 ? 会议召开地点：上海证券交易所上证路演中心（网址： ? 投资者可于 2025 年 9 月 3 日（星期三）至 9 月 9 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮 箱 ir@asrmicro.com 进行提问。公司将在说明会上对投资者普遍关注的 问题进行回答。 翱捷科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 10 日（星期三）11:00-12:00 举行 2025 年半年度业绩说明会， 就投资者关 ...

Core Viewpoint - The company has successfully implemented the "Quality Improvement and Efficiency Enhancement" action plan for 2025, focusing on its core business of cellular baseband chips, leading to significant revenue growth and improved investor relations [1][16]. Group 1: Business Performance - The company achieved a revenue of 1.898 billion yuan in the reporting period, representing a year-on-year increase of 14.67%, with the cellular baseband chip segment accounting for over 85% of total revenue [1]. - The sales volume of cellular baseband chips increased by over 50% compared to the same period last year, with revenue growth exceeding 30% and gross profit rising by over 60% [1]. Group 2: 4G Cellular IoT Products - The 4G cellular IoT chip business saw a revenue increase of over 30% compared to 2024, maintaining a strong growth trend [2]. - The Cat.1 chip has penetrated various applications, including mobile payments, asset tracking, and industrial IoT, showcasing its versatility and reliability [2][3]. Group 3: 5G RedCap Chip Development - The company has made significant progress in the 5G RedCap chip sector, with the ASR1903 series successfully passing certifications from major telecom operators [6]. - The ASR3901 platform for wearable devices has been launched, with nearly 20 terminal products completing necessary certifications and beginning mass shipments [6]. Group 4: Smart SoC Chip Business - The company has successfully commercialized its first quad-core smartphone chip, with plans for significant growth in shipments throughout 2025 [7][9]. - The second-generation 4G octa-core smartphone chip is in the tape-out phase, expected to enhance performance and support various applications [8]. Group 5: R&D and Innovation - The company has maintained substantial R&D investments, completing multiple projects and filing numerous patents, including 36 invention patents and 15 integrated circuit layout designs [9][10]. - The workforce is highly qualified, with 90% of employees in R&D holding over 10 years of experience, and over 70% possessing master's or doctoral degrees [10]. Group 6: Cost Management and Operational Efficiency - The company has improved procurement, inventory, and supply chain management to reduce costs and enhance operational efficiency [11][12]. - It has also focused on optimizing resource allocation in R&D management to align closely with market demands [11]. Group 7: Corporate Governance and Investor Relations - The company has strengthened its governance framework by revising its articles of association and enhancing the roles of the audit committee and employee directors [12]. - It has implemented a stock incentive plan to motivate employees and improve overall performance, with significant stock grants completed [10][12]. Group 8: Communication with Investors - The company has organized multiple face-to-face communication events with investors to discuss business strategies and operational status, enhancing transparency and trust [13][14]. - It has established various communication channels, including an investor relations section on its website, to facilitate information sharing and feedback collection [14].

智通财经APP讯，翱捷科技(688220.SH)披露2025年半年度报告，报告期公司实现营收18.98亿元，同比 增长14.67%;归母净利润亏损2.45亿元;扣非净利润亏损3.52亿元;基本每股收益-0.60元。 ...

Core Insights - The company reported a revenue of 1.898 billion yuan for the first half of 2025, a year-on-year increase of 14.67%, but still incurred a net loss of 245 million yuan due to R&D investments and asset impairments [1] - The company focuses on cellular baseband technology and wireless communication chip development, with significant sales growth in the 4G cellular IoT chip segment, which saw over a 30% increase compared to the same period in 2024 [1][2] - The company is expanding its product offerings in the 5G Redcap chip sector and has successfully commercialized its first quad-core smartphone chip, expecting a significant increase in shipments in 2025 compared to 2024 [2][3] Revenue and Profitability - The company achieved a total gross profit of 469 million yuan in the first half of 2025, despite being in a loss position [1] - The 4G Cat.1 chip shipments increased by over 50% year-on-year, with a sequential growth of over 40% from Q1 to Q2 2025 [1] Product Development and Market Expansion - The 4G Cat.4 chip segment saw a year-on-year shipment increase of approximately 35%, with products entering the supply chains of major domestic automotive brands [2] - The company is actively developing multiple R&D projects, investing 668 million yuan in R&D, a 12.35% increase year-on-year, to enhance its technology and product offerings [3] Future Outlook - The company plans to focus on the integration of AI and 5G technologies, aiming to drive innovation in smart terminals, IoT, smart cities, and intelligent manufacturing [3]

证券日报网讯 8月27日晚间，翱捷科技发布公告称，2025年半年度公司实现营业收入1，898，066， 392.20元，同比增长14.67%；归属于上市公司股东的净利润为-245，404，285.87元。 （编辑 何成浩） ...

Financial Performance - The company reported a revenue of 1.898 billion yuan for the first half of the year, representing a year-on-year increase of 14.67% compared to 1.655 billion yuan in the same period last year [3] - The total profit for the period was -217 million yuan, an improvement from -247 million yuan in the previous year [3] - The net profit attributable to shareholders was -245 million yuan, showing a reduction in losses compared to -265 million yuan last year [3] - The net cash flow from operating activities was -266 million yuan, an improvement from -394 million yuan in the previous year [3] - The net assets attributable to shareholders decreased by 1.93% to 5.572 billion yuan compared to the end of the previous year [3] Core Business Performance - The cellular baseband chip segment, as the core business, showed significant growth, with revenue contribution exceeding 85% and sales volume increasing by over 50% year-on-year [1] - Revenue from this segment grew by over 30%, and the total gross profit increased by more than 60% [1] Product Development and Market Expansion - The company launched the world's first RedCap+Android smart chip platform ASR8603, which supports dual-mode 5GNR and LTE Cat.4, VoLTE/VoNR voice, and various energy-saving features [2][4] - The ASR8603 platform is designed to meet the needs of smart wearable devices and lightweight 5G smart terminals, with products expected to be launched in the fourth quarter of this year [4] - The sales of Cat.1 chips have significantly increased, driven by strong performance and diverse application scenarios, with a notable presence in the Indian market [2] - The ASR16 series chip has achieved a 100% market share in payment sound devices for major payment companies in India, reflecting high local market recognition [2]

Market Overview - The main funds in the Shanghai and Shenzhen markets experienced a net outflow of 129.75 billion yuan, with the Sci-Tech Innovation Board seeing a net outflow of 5.165 billion yuan [1] - A total of 220 stocks on the Sci-Tech Innovation Board saw net inflows, while 366 stocks experienced net outflows [1] Stock Performance - On the Sci-Tech Innovation Board, 123 stocks rose, with three stocks hitting the daily limit up, including Kaipu Cloud and Jingjin Electric [1] - Conversely, 462 stocks declined in value [1] Fund Flow Analysis - Among the stocks with net inflows, Aojie Technology led with a net inflow of 265 million yuan, followed by Xinyuan Technology and Zhongxin International with net inflows of 249 million yuan and 228 million yuan, respectively [1] - The stock with the highest net outflow was Haiguang Information, which saw a net outflow of 647 million yuan and a decline of 2.68% [1] Continuous Fund Flow - A total of 52 stocks have seen continuous net inflows for more than three trading days, with Bochu Electronics leading at nine consecutive days of inflow [1] - Conversely, 164 stocks have experienced continuous net outflows, with Dongxin Co., Ltd. and ST Nuotai both seeing 12 consecutive days of outflow [1] Top Stocks by Net Inflow - The top stocks by net inflow include: - Aojie Technology: 264.55 million yuan, 8.30% inflow rate, 8.66% increase [1] - Xinyuan Technology: 248.54 million yuan, 4.83% inflow rate, -0.11% change [1] - Zhongxin International: 228.08 million yuan, 1.54% inflow rate, 0.57% change [1] Stocks with Significant Outflows - The stocks with the most significant outflows include: - Haiguang Information: 647 million yuan outflow, -2.68% change [1] - Dongxin Co., Ltd.: 327 million yuan outflow [1] - Yuntian Lifefly: 255 million yuan outflow [1]