Group 1 - The company plans to issue convertible bonds and pay cash to acquire 100% equity of Shanghai Jishun Technology Co., Ltd. and 17.15% equity of Shanghai Shunlei Technology Co., Ltd. [1] - The transaction is expected to constitute a major asset restructuring as defined by the regulations but will not result in a restructuring listing or related party transactions [1] - The board of directors has approved the proposal related to the issuance of convertible bonds and cash payment for asset acquisition [1] Group 2 - The company is actively progressing with the major asset restructuring, conducting due diligence, auditing, and valuation of the target companies [2] - Ongoing communication and negotiation with relevant parties are being maintained regarding the major asset restructuring [2] - The implementation of the transaction is subject to necessary internal decision-making processes and approval from regulatory authorities, indicating uncertainty in execution [2]

截至本公告披露日，公司持续推进上述筹划重大资产重组的具体事宜，根据 相关规定组织各中介机构积极开展对标的公司的尽职调查以及审计、评估等工作， 上海芯导电子科技股份有限公司 关于筹划重大资产重组事项的进展公告 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法律责任。 一、本次重大资产重组的基本情况 上海芯导电子科技股份有限公司（以下简称"公司"）拟发行可转换公司债 券及支付现金购买盛锋、李晖、黄松、王青松合计持有的上海吉瞬科技有限公司 （以下简称"吉瞬科技"）100%的股权以及盛锋、李晖、黄松、王青松、瞬雷优 才（深圳）投资合伙企业（有限合伙）合计持有的上海瞬雷科技有限公司（以下 简称"瞬雷科技"）17.15%的股权并募集配套资金（以下简称"本次交易"）。本 次交易完成后，公司将直接/间接持有吉瞬科技和瞬雷科技（以下合称"标的公 司"）100%的股权。 经初步测算，本次交易预计构成《上市公司重大资产重组管理办法》规定的 重大资产重组，不构成重组上市，不构成关联交易。 二、本次重大资产重组的进展情况 2025 年 8 月 3 日，公司召开第 ...

上海芯导电子科技股份有限公司 关于参加2025年半年度科创板芯片设计行业 集体业绩说明会的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 投资者可于 2025 年 9 月 1 日（星期一）至 9 月 5 日（星期五）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 investor@prisemi.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。 上海芯导电子科技股份有限公司（以下简称"公司"）已于2025年8月27日 发布公司《2025年半年度报告》，为便于广大投资者更全面深入地了解公司的经 营成果、财务状况，公司计划于2025年9月8日（星期一）15:00-17:00参加2025年 半年度科创板芯片设计行业集体业绩说明会，就投资者关心的问题进行交流。 证券代码：688230 证券简称：芯导科技 公告编号：2025-026 （一）会议召开时间：2025年9月8日（星期一）15:00-17:00 （二 ...

Group 1 - The core viewpoint of the news is that ChipGuide Technology has shown a mixed performance in terms of stock trading and financial results, with significant financing activity and a slight decline in net profit [1][2]. - On August 27, ChipGuide Technology's stock fell by 1.03%, with a trading volume of 178 million yuan. The net financing purchase was 197,900 yuan, with a total financing balance of 243 million yuan, representing 3.00% of the circulating market value [1]. - The company has a high financing balance, exceeding the 90th percentile level over the past year, indicating strong investor interest [1]. Group 2 - As of June 30, the number of shareholders for ChipGuide Technology was 8,194, a decrease of 6.79% from the previous period, while the average circulating shares per person increased by 329.14% to 14,351 shares [2]. - For the first half of 2025, ChipGuide Technology reported revenue of 182 million yuan, a year-on-year increase of 17.09%, but the net profit attributable to shareholders decreased by 3.86% to 50.2 million yuan [2]. - The company has distributed a total of 251 million yuan in dividends since its A-share listing, with 215 million yuan distributed over the past three years [3].

Core Viewpoint - The company, Xindao Technology (688230), reported a revenue increase but a decline in net profit for the first half of 2025, indicating mixed financial performance. Financial Performance Summary - Total revenue reached 182 million yuan, a year-on-year increase of 17.09% [1] - Net profit attributable to shareholders was approximately 50.2 million yuan, a year-on-year decrease of 3.86% [1] - In Q2, revenue was 108 million yuan, up 24.17% year-on-year, while net profit was 26.1 million yuan, down 5.83% year-on-year [1] Profitability Metrics - Gross margin stood at 33.24%, down 7.36% year-on-year [1] - Net margin was 27.52%, down 17.89% year-on-year [1] - Earnings per share (EPS) was 0.43 yuan, a decrease of 2.27% year-on-year [1] Expense Analysis - Total selling, administrative, and financial expenses amounted to 13.0 million yuan, accounting for 7.14% of revenue, a decrease of 7.72% year-on-year [1] - Sales expenses increased by 1.65% due to an expanded sales team and higher employee compensation [4] - Management expenses rose by 1.82% due to increased salaries for management personnel [5] Cash Flow and Investment - Operating cash flow per share was 0.23 yuan, an increase of 25.34% year-on-year [1] - Net cash flow from operating activities increased due to higher revenue and increased collections [5] - Net cash flow from investing activities surged by 128.88% due to effective cash management [5] Asset and Liability Changes - Cash and cash equivalents increased by 56.80% due to operating cash inflows and the redemption of financial products [2] - Long-term equity investments rose by 25.83% due to investment payments [2] - Payables to employees decreased by 72.92% due to the payment of last year's bonuses [2] Tax and Revenue Insights - Tax liabilities increased by 105.21% due to a rise in income tax [3] - Revenue growth was driven by increased sales of power device products, with strong synergy between ecological chain products and core business [3] Historical Performance Context - The company's return on invested capital (ROIC) was 4.88%, indicating weak capital returns, while the net margin was 31.63%, suggesting high value addition [5] - Historical data shows a median ROIC of 9.92% since the company went public, with the worst year being 2023 at 4.23% [5] Debt Servicing Capability - The company's cash assets are reported to be very healthy, indicating strong debt servicing capability [6]

Core Insights - The power semiconductor industry in China has developed a complete ecosystem with leading companies specializing in various segments, including IGBT modules, diodes, and traditional devices, contributing to the import substitution process in key areas like automotive electronics and renewable energy [1][8]. Company Overview - New Energy and Stada Semiconductor focus on IGBT modules, leading in the renewable energy sector [1]. - Jiejie Microelectronics and Suzhou Good focus on diodes and thyristors, serving home appliances and industrial automation markets [1]. - Huazhong Microelectronics and Silan Microelectronics are IDM leaders covering the entire industry chain [1]. - Wentai Technology has expanded into automotive-grade products through the acquisition of Anshi Semiconductor [1]. - Yangjie Technology leads in discrete devices, while Dongwei Semiconductor and Hongwei Technology focus on high-end MOSFET and IGBT research [1]. - Pairui Technology specializes in high-voltage devices, and Zhenhua Technology and Huami Electronics have advantages in military and industrial sectors [1]. - Galaxy Microelectronics, Xindao Technology, and Kaiweite focus on miniaturized devices in niche markets [1]. Performance Comparison - In Q1 2025, most power semiconductor companies reported gross margins between 10% and 45%, indicating good profitability [5]. - Wentai Technology led in revenue with 13.1 billion yuan, although its year-on-year growth rate declined [5]. - Pairui Technology achieved the highest gross margin at 58.4%, showcasing its cost control and efficiency [5]. Revenue and Gross Margin Data - New Energy reported Q1 2025 revenue of 450 million yuan with a gross margin of 36.6% [6]. - Jiejie Microelectronics had revenue of 700 million yuan and a gross margin of 39.9% [6]. - Huazhong Microelectronics reported 2.35 billion yuan in revenue with a gross margin of 25.3% [6]. - Wentai Technology's revenue was 13.1 billion yuan with a gross margin of 14.0% [6]. - Silan Microelectronics had revenue of 3 billion yuan and a gross margin of 21.3% [6]. - Stada Semiconductor reported 920 million yuan in revenue with a gross margin of 30.4% [6]. - Suzhou Good achieved 900 million yuan in revenue with a gross margin of 10.8% [6]. - Yangjie Technology reported 1.58 billion yuan in revenue with a gross margin of 34.6% [6]. - Galaxy Microelectronics had revenue of 220 million yuan and a gross margin of 24.0% [6]. - Pairui Technology's revenue was 30 million yuan with a gross margin of 58.4% [6]. - Hongwei Technology reported 300 million yuan in revenue with a gross margin of 16.4% [6]. - Dongwei Semiconductor achieved 280 million yuan in revenue with a gross margin of 13.6% [7]. - Taiji Technology reported 70 million yuan in revenue with a gross margin of 29.0% [7]. - Zhenhua Technology had revenue of 910 million yuan and a gross margin of 42.5% [7]. - Huami Electronics reported 640 million yuan in revenue with a gross margin of 28.0% [7]. Regional Distribution - Domestic sales dominate, with most companies having over 70% of their sales in China, except Wentai Technology, which has a balanced global presence [8]. - The East and South China regions are core areas for companies like Stada Semiconductor, Silan Microelectronics, and New Energy, while North and Central China focus on industrial and power applications [8]. - Companies like Zhenhua Technology and Huami Electronics leverage local bases to expand into surrounding areas [8]. Future Business Plans - The industry aims to build competitive barriers through capacity expansion, automotive certification, and domestic substitution [16]. - Leading companies are accelerating the expansion of automotive-grade IGBT modules and focusing on the photovoltaic storage market [16]. - Companies are also enhancing their technology capabilities, with a focus on 12-inch wafer production and third-generation semiconductor layouts [16].

Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on September 15 at 14:00 in Shanghai [2][5] - The voting will be conducted through both on-site and online methods, utilizing the Shanghai Stock Exchange's voting system [3][5] - Shareholders must register to attend the meeting, with specific registration methods outlined for both corporate and individual shareholders [10][12] Group 2 - The company plans to use up to RMB 12 billion of temporarily idle raised funds for cash management, which will not affect the normal operation of the company or the progress of investment projects [40][43] - The funds will be invested in low-risk, high-liquidity financial products, ensuring compliance with relevant regulations [32][47] - The decision to manage idle funds was approved by the company's board and supervisory committee, confirming adherence to regulatory requirements [51][52] Group 3 - The company emphasizes that the cash management initiative aims to enhance the efficiency of fund utilization and generate additional returns for shareholders [39][57] - The investment strategy includes strict risk control measures, with oversight from the internal audit department and independent directors [53][54] - The company will ensure that the cash management does not alter the intended use of raised funds or harm the interests of shareholders, particularly minority shareholders [59]

Core Viewpoint - The company, Shanghai Xindao Electronic Technology Co., Ltd., has announced the cancellation of its supervisory board and the revision of its articles of association, which will be submitted for approval at the shareholders' meeting [4][6]. Group 1: Company Overview - The company will no longer have a supervisory board, and the powers previously held by the supervisory board will be transferred to the audit committee of the board of directors [4]. - The company is revising its articles of association in accordance with relevant laws and regulations, including the Company Law and the Securities Law [5]. Group 2: Governance Changes - The proposed changes to the articles of association and governance systems are aimed at enhancing the company's operational standards and protecting the rights of shareholders [6]. - The revised articles of association and governance documents will be disclosed on the Shanghai Stock Exchange website [6][7].

上海芯导电子科技股份有限公司 关联交易决策制度 第一章 总则 第一条 为进一步加强上海芯导电子科技股份有限公司（以下简称"本公司" 或者"公司"）关联交易管理，明确管理职责和分工，维护公司股东和债权人的 合法利益，特别是中小投资者的合法权益，保证公司与关联人之间订立的关联交 易合同符合公平、公开、公允的原则，根据《中华人民共和国公司法》《上海证 券交易所科创板股票上市规则》（以下简称"《股票上市规则》"）等法律法规、 规范性文件及《上海芯导电子科技股份有限公司章程》（以下简称"《公司章程》"） 的相关规定，制定本制度。 第二条 公司与关联人之间的关联交易行为除遵守有关法律、法规、规范性 文件和《公司章程》的规定外，还需遵守本制度的有关规定。 第二章 关联人和关联关系 第三条 公司关联人包括关联法人和关联自然人。 第四条 具有以下情形之一的自然人、法人或者其他组织，为公司的关联人： （一）直接或者间接控制公司的自然人、法人或者其他组织； （二）直接或间接持有公司 5%以上股份的自然人； （三）公司董事、高级管理人员； （四） 本条第（一）项、第（二）项和第（三）项所述关联自然人关系密切 的家庭成员，包括配偶、年 ...

第一章 总则 第一条 为规范上海芯导电子科技股份有限公司（以下简称"公司"）及其 他信息披露义务人的信息披露行为，保护公司、股东、债权人及其他利益相关者 的合法权益，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》"）、《上市公司治理准则》《上 市公司信息披露管理办法》《上海证券交易所科创板股票上市规则》（以下简称 "《股票上市规则》"）、《上海芯导电子科技股份有限公司章程》（以下简称 "《公司章程》"）以及有关法律、法规、规章的规定，结合公司实际情况，制 定本制度。 第二条 公司和相关信息披露义务人应当及时依法履行信息披露义务，披露 的信息应当真实、准确、完整，简明清晰、通俗易懂，不得有虚假记载、误导性 陈述或者重大遗漏。 上海芯导电子科技股份有限公司 信息披露制度 本制度所称"及时"，是指自起算日起或者触及披露时点的两个交易日内。 本制度所称"信息披露义务人"，是指公司及其董事、高级管理人员、股东、 实际控制人，收购人，重大资产重组、再融资、重大交易有关各方等自然人、单 位及其相关人员，破产管理人及其成员，以及法律、行政法规和中国证券监督管 理委员会 ...