证券代码：688249 证券简称：晶合集成 公告编号：2025-066 合肥晶合集成电路股份有限公司 关于 2023 年限制性股票激励计划首次授予部分 第一个归属期归属条件成就的公告 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： 限制性股票拟归属数量：1,462,540 股 归属股票来源：合肥晶合集成电路股份有限公司（以下简称"公司"）向 激励对象定向发行的本公司人民币 A 股普通股股票。 公司于 2025 年 10 月 29 日召开第二届董事会第二十七次会议，审议通过了 《关于 2023 年限制性股票激励计划首次授予部分第一个归属期归属条件成就的 议案》，根据公司《2023 年限制性股票激励计划》（以下简称"《激励计划》"或"本 激励计划"）的规定和 2023 年第二次临时股东大会的授权，现将有关事项说明如 下： 一、股权激励计划批准及实施情况 | 归属安排 | 归属期间 | 归属权益数量占 授予权益数量的 | | --- | --- | --- | | | | 比例 | | 首次授予的限制性 | 自首 ...

证券代码：688249 证券简称：晶合集成 公告编号：2025-067 合肥晶合集成电路股份有限公司 关于作废 2023 年限制性股票激励计划部分已授予 尚未归属的限制性股票的公告 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。 合肥晶合集成电路股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日召开第二届董事会第二十七次会议，审议通过了《关于作废 2023 年限制性股 票激励计划部分已授予尚未归属的限制性股票的议案》，根据公司《2023 年限制 性股票激励计划》（以下简称"《激励计划》"或"本激励计划"）、《2023 年限制性 股票激励计划实施考核管理办法》的规定和公司 2023 年第二次临时股东大会的 授权，公司董事会同意作废已授予但尚未归属的限制性股票 6,443,198 股。现将 相关事项公告如下： 一、本激励计划已履行的决策程序和信息披露情况 1、2023 年 8 月 14 日，公司召开第一届董事会第十九次会议，审议通过了 《关于公司<2023 年限制性股票激励计划（草案）>及其摘要的议案》《关于 ...

合肥晶合集成电路股份有限公司 2025 年限制性股票激励计划预留授予激励对象名单 （截至预留授予日） 合肥晶合集成电路股份有限公司董事会 2025 年 10 月 29 日 一、预留授予激励对象获授的限制性股票分配情况 1 | 姓名 | 国籍 | 职务 | 获授的限制 性股票数量 | 占授予限制 性股票总数 | 占当前公司股 本总额的比例 | | --- | --- | --- | --- | --- | --- | | | | | （万股） | 的比例 | | | 中国台湾籍和其他外籍员工(22 名) | | | 165.00 | 2.66% | 0.08% | | 董事会认为需要激励的其他核心骨干员工 （38 人） | | | 105.00 | 1.69% | 0.05% | | 预留授予合计（共 60 | | 人） | 270.00 | 4.35% | 0.13% | 注：1.上述任何一名激励对象通过全部有效期内的股权激励计划获授的本公司股票均累计未 超过公司股本总额的 1.00%。公司全部有效期内股权激励计划所涉及的标的股票总数累计未 超过本激励计划提交股东会时公司股本总额的 10.00%； 2.本激励 ...

合肥晶合集成电路股份有限公司董事会薪酬与考核委员会 关于公司 2025 年限制性股票激励计划预留授予 激励对象名单（截至预留授予日）的核查意见 合肥晶合集成电路股份有限公司（以下简称"公司"）董事会薪酬与考核委 员会依据《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》《国有控股上市公司(境内)实施股权激励试行办法》《关于规范国有控股 上市公司实施股权激励制度有关问题的通知》《上市公司股权激励管理办法》（以 下简称"《管理办法》"）、《上海证券交易所科创板股票上市规则》（以下简称"《上 市规则》"）、《科创板上市公司自律监管指南第 4 号——股权激励信息披露》等相 关法律、行政法规、规范性文件及《合肥晶合集成电路股份有限公司章程》的有 关规定，对公司 2025 年限制性股票激励计划（以下简称"本激励计划"）截至预 留授予日的激励对象名单进行审核，发表核查意见如下： 1、本激励计划预留授予的激励对象均不存在《管理办法》第八条规定的不 得成为激励对象的情形： （1）最近 12 个月内被证券交易所认定为不适当人选； （2）最近 12 个月内被中国证监会及其派出机构认定为不适当人选； 综上 ...

北京市金杜律师事务所上海分所 关于 合肥晶合集成电路股份有限公司 2025 年限制性股票激励计划预留授予、2023 年限制性股票激励计划 首次授予部分第一期归属条件成就及部分限制性股票作废相关事项 的 法律意见书 二〇二五年十月 致：合肥晶合集成电路股份有限公司 北京市金杜律师事务所上海分所（以下简称"金杜"或"本所"）受合肥晶合集 成电路股份有限公司（以下简称"公司"或"晶合集成"）委托，作为公司实施 2023 年限制性股票激励计划（以下简称"2023 激励计划"，《合肥晶合集成电路股份有限 公司 2023 年限制性股票激励计划》简称"《2023 激励计划》"）及 2025 年限制性股 票激励计划（以下简称"2025 激励计划"，《合肥晶合集成电路股份有限公司 2025 年限制性股票激励计划》简称"《2025 激励计划》"）的专项法律顾问，根据《中华 人民共和国公司法（2023 修订）》（以下简称"《公司法》"）、《中华人民共和国 证券法（2019 修订）》（以下简称"《证券法》"）、《上市公司股权激励管理办法 （2025 修正）》（以下简称"《管理办法》"）1、《上海证券交易所科创板股票上市 规则》（以下 ...

Group 1 - The core point of the article is that Jinghe Integrated Circuit (SH 688249) announced the convening of its 27th board meeting on October 29, 2025, to review the proposal for the third quarter report of 2025 [1] - For the year 2024, the revenue composition of Jinghe Integrated Circuit is 98.6% from integrated circuits and 1.4% from other businesses [1] - As of the report, the market capitalization of Jinghe Integrated Circuit is 72.5 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after ten years of stagnation, with technology leading the market transformation [1] - A new "slow bull" market pattern is emerging, indicating a potential shift in market dynamics [1]

Financial Performance - The company's operating revenue for the third quarter reached ¥2,931,263,551.46, representing a year-on-year increase of 23.30%[3] - The total profit for the quarter was ¥163,496,331.51, reflecting a significant increase of 61.36% compared to the same period last year[3] - Net profit attributable to shareholders was ¥218,041,780.18, marking a substantial growth of 137.18% year-on-year[3] - The basic and diluted earnings per share for the quarter were both ¥0.11, representing a 120.00% increase compared to the same period last year[3] - Total operating revenue for the first three quarters of 2025 reached ¥8,129,718,254.80, an increase of 20% compared to ¥6,775,051,745.81 in the same period of 2024[21] - Operating profit for the first three quarters of 2025 was ¥393,774,034.66, compared to ¥297,286,335.20 in 2024, indicating a year-over-year increase of about 32.4%[22] - Net profit for the first three quarters of 2025 was ¥395,495,931.88, a significant rise from ¥296,166,923.41 in 2024, representing an increase of approximately 33.5%[22] - The total comprehensive income attributable to the parent company was CNY 673,209,611.10, significantly higher than CNY 271,690,534.20 from the previous year, marking an increase of about 147%[23] - The company reported a basic and diluted earnings per share of CNY 0.28, doubling from CNY 0.14 in the same period last year[23] Research and Development - R&D expenditure for the quarter was ¥384,108,956.27, accounting for 13.10% of operating revenue, a slight decrease of 0.26 percentage points year-on-year[4] - Research and development expenses for the first three quarters of 2025 were ¥1,078,929,118.30, compared to ¥931,874,861.64 in 2024, marking an increase of approximately 15.8%[22] Assets and Liabilities - The company's total assets increased by 3.60% to ¥52,213,894,192.35 compared to the end of the previous year[4] - Total assets amounted to ¥52,213,894,192.35 as of September 30, 2025, compared to ¥50,398,579,443.20 at the end of 2024, reflecting a growth of about 3.6%[19] - Total liabilities were reported at ¥25,754,881,957.48 as of September 30, 2025, compared to ¥24,309,611,964.85 at the end of 2024, indicating an increase of approximately 6%[20] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥2,674,315,807.26, up 35.99% year-on-year[4] - The company reported a net cash flow from operating activities of CNY 2,674,315,807.26 for the first three quarters of 2025, an increase of 36% compared to CNY 1,966,601,947.78 in the same period of 2024[26] - The net cash flow from investing activities was CNY -7,893,949,148.09, a slight improvement from CNY -8,892,902,580.93 in the previous year[27] - The company raised CNY 4,358,600,000.00 from financing activities, a decrease from CNY 15,506,526,915.96 in the same period last year[27] - The company experienced a negative impact of CNY -10,430,132.48 from foreign exchange fluctuations on cash and cash equivalents[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 59,700[11] - The largest shareholder, Hefei Construction Investment Holding Group Co., Ltd., holds 468,474,592 shares, accounting for 23.35% of the total shares[11] - The second-largest shareholder, Hefei Chip Screen Industry Investment Fund, holds 328,736,799 shares, representing 16.39%[11] - The company has a repurchase account holding 62,088,500 shares, which is 3.09% of the total share capital[12] Stock Incentive Plans - The company plans to grant 2,700,000 restricted stock units at a price of RMB 12.00 per share to 60 incentive objects on October 29, 2025[13] - The first vesting condition for the 2023 restricted stock incentive plan has been achieved, allowing 1,462,540 shares to be vested[14] - The company has approved the cancellation of 6,443,198 unvested restricted stock units from the 2023 incentive plan[15] - The company is focused on expanding its market presence and enhancing shareholder value through strategic stock incentive plans[13] - The company remains committed to transparency and has disclosed all relevant information regarding its stock incentive plans and shareholder structure[12] Other Information - The company has not reported any changes in the lending of shares by major shareholders due to transfer and financing activities[13] - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year[28]

Key Points - The report highlights a selection of stocks for October, including companies such as China Southern Airlines (600029.SH) and Contemporary Amperex Technology Co., Ltd. (300750.SZ) [1] - The macroeconomic analysis emphasizes the importance of the "14th Five-Year Plan" period for China's reform and innovation, indicating that it is a critical time for achieving significant progress towards socialist modernization [5] - The fixed income section discusses the recent fluctuations in the bond market, noting that the central bank's actions to pause and then resume government bond trading reflect its intention to stabilize yields [6][7] - The report provides an overview of market indices, showing slight declines in major indices such as the Shanghai Composite Index, which closed at 3988.22, down 0.22% [3] - Industry performance data indicates that the comprehensive index rose by 2.06%, while sectors like non-ferrous metals and beauty care saw declines of 2.72% and 1.51%, respectively [4]

Core Viewpoint - The trend of A-share listed companies purchasing bank wealth management products is declining, with a total subscription amount of 839.976 billion yuan, down 14.32% year-on-year, as companies shift focus towards core business operations and stock market investments [1][2]. Group 1: Wealth Management Product Subscription Trends - As of October 22, 2023, 1,112 A-share listed companies subscribed to 13,300 wealth management products, with a total subscription amount of 839.976 billion yuan, reflecting a year-on-year decline of 14.32% [1]. - Among the purchased bank wealth management products, structured deposits are the preferred choice, with a subscription amount of 508.203 billion yuan, accounting for 60.5% of the total, although this represents an 18.93% year-on-year decline [1]. - The subscription amount for bank wealth management products reached 87.026 billion yuan, making up 10.36% of the total, with a year-on-year decrease of 2.96% [1]. Group 2: Reasons for Decline in Bank Wealth Management Purchases - The decline in the scale of bank wealth management product purchases is attributed to three main factors: companies responding to regulatory calls to allocate funds towards core operations, cash dividends, and share buybacks; a general decrease in the yield of wealth management products due to falling market interest rates; and a favorable stock market encouraging direct stock investments [2]. - In the first half of the year, 788 listed companies engaged in securities investments, holding a total of 2,921 securities with an investment amount of 1.4 trillion yuan, significantly exceeding the amount invested in wealth management products [2]. Group 3: Rise in Securities Firm Wealth Management Product Purchases - Despite the overall decline in wealth management product purchases, the scale of securities firm wealth management product subscriptions has increased, with 244 listed companies purchasing a total of 56.159 billion yuan, marking an 8.1% year-on-year growth [2][3]. - Among the companies purchasing securities firm wealth management products, 115 companies subscribed for amounts exceeding 100 million yuan, with Jiangsu Guotai leading at 6.091 billion yuan [3]. Group 4: Factors Driving the Shift to Securities Firm Products - The increase in securities firm wealth management product subscriptions is driven by a relatively small base, allowing for noticeable growth with minimal fund shifts from bank products [3]. - Companies are attracted to securities firm products due to their professional investment capabilities, especially in a favorable stock market environment, which enhances the perceived potential for higher returns compared to bank products [3][4]. - The safety of securities firm wealth management products is comparable to that of bank products, as they are regulated by the China Securities Regulatory Commission, reducing concerns about potential losses [4].

Market Performance - The Anhui state-owned enterprise reform sector rose by 1.73% compared to the previous trading day, with Waneng Electric Power leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Key Stocks in Anhui State-Owned Enterprise Reform Sector - Waneng Electric Power (000543) closed at 8.65, up 10.05%, with a trading volume of 1.0268 million shares and a transaction value of 870 million [1] - Anhui Heli (600761) closed at 21.76, up 6.41%, with a trading volume of 295,300 shares and a transaction value of 634 million [1] - Tongguan Copper Foil (301217) closed at 32.10, up 6.05%, with a trading volume of 510,300 shares and a transaction value of 1.626 billion [1] - Jianghuai Automobile (600418) closed at 52.79, up 5.01%, with a trading volume of 721,100 shares and a transaction value of 3.777 billion [1] - Tongling Nonferrous Metals (000630) closed at 5.86, up 2.81%, with a trading volume of 3.9126 million shares and a transaction value of 2.299 billion [1] Capital Flow Analysis - The Anhui state-owned enterprise reform sector saw a net inflow of 156 million from main funds, while speculative funds experienced a net outflow of 231 million [2] - Retail investors contributed a net inflow of 74.36 million [2] Individual Stock Capital Flow - Jinghe Integrated (688249) had a main fund net inflow of 242 million, but a speculative fund net outflow of 42.99 million [3] - Jianghuai Automobile (600418) saw a main fund net inflow of 160 million, with a speculative fund net outflow of 166 million [3] - Waneng Electric Power (000543) experienced a main fund net inflow of 64.71 million, while speculative funds had a net outflow of 57.96 million [3]