上市首日，翱捷科技开盘即破发，盘中最高价报130.11元，为该股上市以来最高价。 翱捷科技首次公开发行股票募集资金总额为68.83亿元，扣除发行费用后募集资金净额为65.46亿 元。翱捷科技最终募集资金净额比原计划多41.66亿元。该公司于2022年1月10日披露的招股说明书显 示，其拟募集资金23.80亿元，拟分别用于新型通信芯片设计，智能IPC芯片设计项目，多种无线协议融 合、多场域下高精度导航定位整体解决方案及平台项目，研发中心建设项目，补充流动资金项目。 中国经济网北京12月5日讯 翱捷科技(688220.SH)今日股价下跌，截至收盘报88.96元，跌幅2.9%。 该股目前处于破发状态。 翱捷科技于2022年1月14日在上交所科创板上市，发行的股票数量为4183.0089万股，发行价格为 164.54元/股，保荐人（主承销商）为海通证券股份有限公司（现更名为国泰海通证券股份有限公 司），保荐代表人为王鹏程、龚思琪。 翱捷科技首次公开发行股票的发行费用总额为3.37亿元，其中，保荐及承销费用3.10亿元。 (责任编辑：魏京婷) ...

Core Points - The Shanghai Composite Index closed at 3875.79 points, slightly down by 0.06%, with a total trading volume of 1561.665 billion yuan [1] - A total of 56 A-shares have surpassed the half-year line, with notable stocks showing significant deviation rates [1] Summary by Category Market Performance - The Shanghai Composite Index is above the half-year line, indicating a stable market performance [1] - The total trading volume for A-shares today reached 1561.665 billion yuan [1] Notable Stocks - Stocks with the highest deviation rates from the half-year line include: - Huawu Co., Ltd. (300095) with a deviation rate of 12.77% and a price increase of 19.96% [1] - Hengerd (300946) with a deviation rate of 11.14% and a price increase of 20.01% [1] - Yingqu Technology (002925) with a deviation rate of 8.13% and a price increase of 10.02% [1] - Other stocks that have just crossed the half-year line include Ruifeng Bank, Baosheng Co., and Guosheng Zhike, which have smaller deviation rates [1] Detailed Stock Data - A detailed table lists various stocks, their trading performance, turnover rates, half-year line prices, latest prices, and deviation rates, highlighting the performance of each stock [1][2]

Core Points - Aojie Technology's stock price fell by 3.21% to 89.49 yuan as of the market close [1] - The company was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on January 14, 2022, with an initial offering price of 164.54 yuan per share [1] - The stock has been in a state of decline since its debut, having reached a peak price of 130.11 yuan on its first trading day [1] Fundraising and Financials - Aojie Technology raised a total of 6.883 billion yuan through its initial public offering, with a net amount of 6.546 billion yuan after deducting issuance costs [1] - The net fundraising amount exceeded the original plan by 4.166 billion yuan, which was initially set at 2.380 billion yuan [1] - The funds are intended for various projects, including new communication chip design, smart IPC chip design, high-precision navigation solutions, research center construction, and working capital [1] Issuance Costs - The total issuance costs for Aojie Technology's IPO amounted to 337 million yuan, with underwriting and sponsorship fees accounting for 310 million yuan [2]

证券日报网讯12月2日，翱捷科技在互动平台回答投资者提问时表示，根据公司2025年10月31日披露的 《2025年第三季度报告》，截至2025年9月30日，公司普通股股东总户数为23356户。 ...

阿里巴巴加速减持平台型芯片企业翱捷科技。 阿里网络的连续减持，引发市场对其战略意图的高度关注。作为翱捷科技的创始股东之一，阿里巴巴自公司设立早期便深度参与其发展进程。 根据翱捷科技招股说明书披露，2017年7月末，阿里网络、深创投、万容红土等投资方与翱捷科技签署《增资协议》，将公司注册资本由15,377.09万美 元增至26,604.36万美元。其中，阿里网络认缴出资6,681.82万美元，增资价格为1.10美元/出资额，对应投资金额约7,350万美元（按当时汇率折合约人民币 4.9亿元）。 2018年6月，翱捷科技启动第二轮增资，阿里网络再次参与。此次，阿里网络与万容红土、Fantasy Ltd.、青岛华芯、中电华登等机构共同签署增资协 议，推动公司注册资本进一步提升至32,516.44万美元。阿里网络此轮认缴1,478.02万美元，增资价格为1.69美元/出资额，投资总额约2,498万美元（约合人民 币1.6亿元）。 换言之，阿里网络在2017年至2018年间两轮合计出资约6.5亿元，成为翱捷科技早期最重要的战略投资者之一。2020年6月，翱捷科技完成整体变更为股 份有限公司。变更完成后，阿里网络持有64 ...

Investment Rating - The report maintains an "Outperform" rating for the electronic industry [1][9]. Core Viewpoints - The electronic sector is expected to benefit from high growth in overseas AI computing demand, with a focus on innovative products such as AI smartphones, AI glasses, and foldable screens anticipated to drive market activity in early 2026 [2][3]. - The report emphasizes the importance of patience in investment strategy, suggesting that time can create space for better opportunities in the sector [2]. - The report highlights the potential for domestic companies in the ASIC market, particularly with Google's plans to expand its TPU business, which could enhance market size for cloud inference solutions [4]. Summary by Sections Market Performance - The Shanghai Composite Index rose by 1.40%, while the electronic sector increased by 6.05% over the past week, with components up by 8.10% and electronic chemicals up by 3.93% [2][10]. - The report notes that the electronic sector's recent underperformance was primarily due to the reduction of national subsidies, export rush in Q2, and price increases in memory shortages [2]. Key Company Recommendations - The report recommends several companies for investment, including: - Aojie Technology - Jiangbolong - Demingli - Lens Technology - Luxshare Precision - Lantech Optical - Hengxuan Technology - Lanke Technology - SMIC - Saiwei Electronics - Tianyue Advanced [2]. Product Innovations - Quark's smart glasses S1 were officially launched, featuring a dual-chip architecture and advanced optical solutions, indicating a significant opportunity in the AR glasses market [3]. - Longxin Storage showcased new DDR5 and LPDDR5X products, with expectations for growth driven by domestic production and price recovery in the storage sector [4]. Global Smartphone Market Outlook - The global smartphone shipment is projected to grow by 3.3% in 2025, with Apple expected to capture a 19.4% market share, making it the leading smartphone brand for the first time since 2011 [5][7]. - The report continues to recommend companies within Apple's supply chain, including Luxshare Precision and Industrial Fulian [7]. Company Earnings Forecasts - The report provides earnings forecasts and investment ratings for key companies, with most rated as "Outperform" and showing positive EPS growth projections for 2025 and 2026 [9].

Group 1 - The core point of the news is the performance of the Galaxy Innovation Growth Mixed Fund A and C, which experienced declines in November 2025, with A falling by 6.71% and C by 6.75% [1][2] - As of the end of the third quarter of 2025, Galaxy Innovation Growth Mixed Fund A had a scale of 13.875 billion yuan [1] - The fund primarily invests in the semiconductor industry chain, with its top ten holdings including companies like SMIC, Zhaoyi Innovation, and Cambrian [1] Group 2 - Galaxy Innovation Mixed Fund C was established on November 22, 2021, and has a cumulative return of -0.23% as of December 1, 2025, due to its launch during a market peak [1] - The current fund manager, Zheng Weishan, has a background in investment and research, having worked at various financial institutions before joining Galaxy Fund Management in October 2018 [1]

这已是阿里网络本月内第二次减持翱捷科技股份。稍早前11月6日至11月17日，阿里网络还通过大宗交 易方式减持约423.92万股。 不过，从8月份披露的公告来看，阿里网络本轮减持计划或尚未结束。公告显示，阿里网络计划在未来3 个月内减持公司股份数量合计不超过1254.9万股，占总股本比例的3%。截止本公告披露日，阿里网络 剩余可减持数量为105.85万股，减持股份均来自IPO前取得。 据悉，阿里网络曾在2017年至2018年两次参与翱捷科技融资，合计投资成本约6.5亿元，取得了翱捷科 技6456万股股份。截至发稿，翱捷科技股价报91.7元/股，以此计算，阿里网络剩余持股市值仍超过40 亿元，投资浮盈超5倍。 从阿里自身战略来看，减持翱捷科技是其自身战略聚焦的体现。2025年以来其战略重心持续向AI+云、 大消费两大核心领域倾斜。 而翱捷科技是一家是一家以蜂窝基带技术为核心，专注于各类无线通信芯片的研发设计和技术创新的企 业。公司芯片产品主要包括蜂窝基带芯片、智能手机SoC芯片、非蜂窝物联网芯片和ASIC业务四大 类。 业务层面，今年三季度，蜂窝基带芯片各门类产品销售环比均取得小幅增长，智能手机SoC芯片销量继 ...

Core Viewpoint - Alibaba has reduced its stake in Aojie Technology (688220) from 13.99% to 12.69% by selling 5,439,008 shares through centralized bidding and block trading from November 24 to December 1, 2025 [1][4]. Summary by Relevant Sections Shareholding Changes - Alibaba's shareholding in Aojie Technology decreased from 13.99% to 12.69% after the sale of 5,439,008 shares [1][4]. - Prior to this reduction, Alibaba had announced a plan to sell up to 12.549 million shares, representing a maximum of 3% of the total share capital [4]. Financial Performance of Aojie Technology - Aojie Technology reported a revenue of 2.88 billion yuan for the first three quarters of the year, reflecting a year-on-year growth of 13.42% [5]. - The company recorded a net profit attributable to shareholders of -327 million yuan during the same period [5]. Alibaba Group's Financial Performance - For the second quarter of fiscal year 2026, Alibaba Group reported revenues of 247.795 billion yuan, with a year-on-year growth of 15% after excluding the impact of divested businesses [5][6]. - The cloud computing segment saw a significant revenue increase of 34% year-on-year, marking a new high [6]. - Alibaba's CEO highlighted the ongoing investments in AI technology and infrastructure, which are expected to create long-term strategic value [6].

Core Points - Alibaba has reduced its stake in Aojie Technology (688220) from 13.99% to 12.69% by selling 5,439,008 shares between November 24 and December 1, 2025 [2] - Aojie Technology had previously announced a share reduction plan on August 29, allowing Alibaba to sell up to 12.549 million shares, representing a maximum of 3% of the total share capital [4] - As of the latest announcement, Alibaba has sold a total of 11.4905 million shares, leaving a remaining sellable quantity of 1.0585 million shares [5] Company Overview - Aojie Technology is a platform-based chip enterprise specializing in wireless communication and large-scale chips, with capabilities in developing full-standard cellular baseband chips and non-cellular IoT chips [6] - For the first three quarters of the year, Aojie Technology reported revenue of 2.88 billion yuan, a year-on-year increase of 13.42%, but recorded a net loss of 327 million yuan [6] Alibaba's Financial Performance - In the second quarter of fiscal year 2026, Alibaba Group reported revenue of 247.795 billion yuan, with a year-on-year growth of 15% after excluding the impact of divested businesses [6] - The company has seen strong growth in its core businesses, particularly in AI and cloud services, with cloud revenue accelerating by 34% year-on-year [7] - Alibaba's CEO highlighted ongoing investments in AI technology and infrastructure, which are expected to create long-term strategic value [7]