Core Viewpoint - The article discusses the performance and future prospects of Aojie Technology, highlighting that the company's performance is expected to improve gradually from the second half of this year, with profitability anticipated by next year [3]. Group 1: Business Performance - The core business segment, cellular baseband chips, has shown outstanding performance, with revenue contribution exceeding 85%. Sales volume increased by over 50%, revenue grew by over 30%, and gross profit rose by over 60% compared to the same period last year [5]. - In the Cat.1 bis sector, the company has achieved nearly 50% market share, with 4G Cat.1 main chip shipments increasing by over 50% year-on-year. The second quarter's shipments grew by over 40% compared to the first quarter, indicating a sustained high growth trend [5]. - The 4G Cat.4 main chip shipments increased by approximately 35% year-on-year, with the company expanding into more automotive applications [6]. - The 5G Redcap sector has seen successful progress with the ASR1903 series, which has passed certifications from major operators and has over 30 products in testing or commercial release [6]. - The first 4G octa-core smartphone chip has been successfully commercialized, with significant market feedback and a projected substantial increase in shipments for 2025 [8]. Group 2: Future Developments - The second-generation 4G octa-core smartphone chip is in the tape-out phase, utilizing a 6nm process and featuring a large NPU, with mass production expected in the first half of next year [8]. - The first 6nm 5G octa-core smartphone chip is in the late R&D stage, with expectations for tape-out in the second half of this year and customer onboarding in the second half of next year [9]. - The company is developing three new projects, including high-performance WiFi6 chips and Redcap chips for automotive applications [10]. Group 3: Custom Chip Business - The decline in revenue from the custom chip business in the first half of the year is attributed to a previous focus on smartphone chips. However, the company has received numerous projects since late last year, including those related to AI and cloud computing [11]. - The custom chip business is expected to generate significant revenue next year, with estimates suggesting tens of millions in revenue due to new client projects [11].

登录新浪财经APP 搜索【信披】查看更多考评等级 公司代码：688220 公司简称：翱捷科技 第一节 重要提示 1.1本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划，投资者应当到www.sse.com.cn网站仔细阅读半年度报告全文。 1.2重大风险提示 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。 1.3本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不存在虚假 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。 1.4公司全体董事出席董事会会议。 1.5本半年度报告未经审计。 1.6董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 1.7是否存在公司治理特殊安排等重要事项 □适用 √不适用 第二节 公司基本情况 2.1公司简介 公司股票简况 ■ 2.3前10名股东持股情况表 单位: 股 ■ 公司存托凭证简况 □适用 √不适用 联系人和联系方式 ■ 2.2主要财务数据 单位：元 币种：人民币 ■ 2.4前十名境内存托凭证持有人情况表 □适用 √不适用 2.5截 ...

Core Insights - The financing balance of the STAR Market increased by 1.904 billion yuan compared to the previous day, marking a continuous increase for 33 trading days [1] - The total margin trading balance on the STAR Market reached 218.007 billion yuan as of August 27, with a net increase of 1.914 billion yuan [1] - Among the stocks, 472 had a financing balance exceeding 100 million yuan, with 27 stocks having balances over 1 billion yuan [1] Financing Activity - The stock with the highest net financing inflow was Haiguang Information, with a financing balance of 7.223 billion yuan, increasing by 638 million yuan [2] - Other notable stocks with significant net inflows included Hanwha Technology and SMIC, with net inflows of 353 million yuan and 275 million yuan respectively [2] - The average decline for stocks with net inflows exceeding 10 million yuan was 0.67%, while stocks with the highest gains included Kaipu Cloud and Jingjin Electric, both rising by 20% [2] Industry Preferences - Investors showed a preference for stocks in the electronics, pharmaceutical, and computer sectors, with 36, 23, and 12 stocks respectively being favored [2] - The average financing balance as a percentage of the circulating market value for stocks with significant net inflows was 3.95%, with Hanbang Technology having the highest ratio at 13.71% [2] Stock Performance - The stocks with the largest financing balance increases included Haiguang Information, Hanwha Technology, and SMIC, with respective increases of 9.69%, 3.99%, and 2.57% [2][3] - Conversely, stocks with significant decreases in financing balance included Shijia Guangzi and Tianhe Energy, with reductions of 103 million yuan and 83 million yuan respectively [1][2] Summary of Key Stocks - Haiguang Information: Financing balance of 7.223 billion yuan, increased by 638 million yuan, and a daily decline of 2.68% [2] - Hanbang Technology: Financing balance of 1.08 billion yuan, with a high financing balance to market value ratio of 13.71% [2] - Other notable stocks with significant financing activity include Kaipu Cloud, Jingjin Electric, and Le Xin Technology, with respective daily increases of 20%, 20%, and 17.33% [2]

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。 ...

8月27日晚间，翱捷科技(688220)公布2025年半年报。上半年公司实现营业收入18.98亿元，较上年同期 增长14.67%，实现毛利总额4.69亿元。但受研发投入、资产减值等因素的影响，公司仍处于亏损状态， 归属于母公司所有者净利润为-2.45亿元。 翱捷科技自设立以来，始终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。 公司目前大量出货的芯片产品主要在蜂窝物联网领域，各类产品已开始或者逐步进入大规模商用。 从具体业务板块来看，作为营业收入的主要来源，公司4G蜂窝物联网芯片业务上半年销售收入实现大 幅提升，较2024年同期增长超过30%，继续保持良好的成长态势。 其中，在4G Cat.1领域，依托丰富的产品线、出色的性能表现、高效的客户支持以及日趋多元的终端应 用场景，公司Cat.1芯片销售规模大幅攀升。同时，海外市场需求的持续放量进一步推动了销售增长。 报告期内，公司4G Cat.1主芯片出货量同比上年同期增长超过50%，且第二季度出货量环比第一季度增 长超过40%，持续保持高速增长趋势。 在4G Cat.4领域，经过持续深耕与迭代，公司已形成面向不同市场的产品方案，并凭借射频基带 ...