证券时报·数据宝统计显示，5月6日共有12只科创板股发生大宗交易，合计成交21笔，累计成交量522.69 万股，成交额合计2.30亿元。 12只科创板股大宗交易平台今日发生交易，合计成交2.30亿元。 资金流向方面，今日发生大宗交易的科创板股中，有7股获主力资金净流入，净流入资金居前的有芯动 联科、爱科赛博、凌云光等，净流入资金为1755.59万元、1156.24万元、886.49万元，净流出资金居前 的有希荻微、灿芯股份、东微半导等，净流出资金为2155.66万元、866.68万元、369.54万元。 科创板股5月6日大宗交易概况 | 代码 | 简称 | 成交笔 | 大宗交易数量 | 平均成交价格 | 相对收盘价折溢价 | 大宗交易金额 | | --- | --- | --- | --- | --- | --- | --- | | | | 数 | （万股） | （元） | （%） | （万元） | | 688333 | 铂力特 | 1 | 127.05 | 68.00 | -0.41 | 8639.46 | | 688536 | 思瑞浦 | 1 | 39.00 | 155.77 | 0.00 | 6075. ...

证券代码：688261 证券简称：东微半导 公告编号：2025-020 二、计提减值准备事项的具体说明 （一）信用减值损失 苏州东微半导体股份有限公司 关于 2025 年第一季度计提资产减值准备的公告 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。 一、计提减值准备的情况概述 苏州东微半导体股份有限公司（以下简称"公司"）根据《企业会计准则》 和会计政策、会计估计的相关规定，为客观、公允地反映公司截至 2025 年 3 月 31 日的财务状况和 2025 年第一季度的经营成果，公司及下属子公司对截至 2025 年 3 月 31 日合并范围内相关信用及资产进行了充分的评估和分析，本着谨慎性 原则，公司对相关信用及资产进行了减值测试并计提了相应的减值准备。 2025 年第一季度公司计提各类信用及资产减值准备共计 7,349,746.56 元， 具体情况如下： 单位：元 币种：人民币 | 项目 | 资产名称 | 2025 年第一季度计提金额 (损失以"-"填列） | | --- | --- | --- | | 信用减值损失 | ...

Financial Performance - The company's revenue for Q1 2025 reached ¥282,885,275.77, representing a 63.42% increase compared to ¥173,108,475.50 in the same period last year[4]. - Net profit attributable to shareholders was ¥7,805,691.91, an increase of 81.78% from ¥4,294,058.13 year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥754,705.54, showing a significant increase of 144.13% compared to ¥309,146.43 in the previous year[4]. - The company's basic and diluted earnings per share both increased by 50.00%, reaching ¥0.06 per share[4]. - Total operating revenue for Q1 2025 reached ¥282,885,275.77, a significant increase of 63.5% compared to ¥173,108,475.50 in Q1 2024[18]. - Operating profit for Q1 2025 was ¥2,856,413.79, up from ¥1,793,073.33 in Q1 2024, reflecting a growth of 59.3%[19]. - Net profit for Q1 2025 was ¥5,410,411.52, compared to ¥4,294,058.13 in Q1 2024, representing an increase of 26.0%[19]. - Basic and diluted earnings per share for Q1 2025 were both ¥0.06, an increase from ¥0.04 in Q1 2024[20]. - The total comprehensive income for Q1 2025 was ¥5,409,870.09, compared to ¥4,294,109.67 in Q1 2024, reflecting a growth of 25.9%[20]. Cash Flow and Investments - The net cash flow from operating activities was negative at -¥87,146,532.15, compared to -¥13,830,773.47 in the same period last year, indicating increased cash outflows[4][8]. - Cash flow from operating activities for Q1 2025 was negative at -¥87,146,532.15, worsening from -¥13,830,773.47 in Q1 2024[21]. - Cash flow from investing activities showed a net outflow of -¥955,336,081.69 in Q1 2025, compared to -¥569,792,701.52 in Q1 2024, indicating increased investment activity[21]. - The company reported a cash and cash equivalents balance of ¥1,043,125,963.25 at the end of Q1 2025, down from ¥1,661,541,583.87 at the end of Q1 2024[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,110,952,021.03, a slight increase of 0.36% from ¥3,099,883,346.78 at the end of the previous year[5]. - The company's current assets totaled RMB 2,768,481,817.81, showing a decrease from RMB 2,801,426,577.49 in the previous period[14]. - Cash and cash equivalents decreased significantly from RMB 2,084,185,195.71 to RMB 1,043,125,963.25, representing a decline of approximately 50%[13]. - The company's inventory increased from RMB 360,602,241.41 to RMB 420,984,536.61, reflecting a growth of about 16.7%[14]. - Short-term borrowings rose from RMB 4,760,271.90 to RMB 16,750,271.90, indicating an increase of approximately 251%[15]. - Total liabilities increased from RMB 200,139,616.66 to RMB 209,158,780.96, marking a rise of about 4.5%[15]. - The equity attributable to shareholders increased slightly from RMB 2,899,743,730.12 to RMB 2,907,548,880.60, showing a growth of approximately 0.3%[16]. - The company reported a decrease in accounts payable from RMB 150,994,482.48 to RMB 147,971,768.92, a decline of about 2%[15]. - The company's long-term equity investments increased from RMB 155,292,109.13 to RMB 178,380,392.35, reflecting a growth of approximately 14.9%[14]. Research and Development - Research and development expenses totaled ¥19,916,625.75, accounting for 7.04% of revenue, down from 11.61% in the previous year, a decrease of 4.57 percentage points[5]. - Research and development expenses for Q1 2025 were ¥19,916,625.75, slightly down from ¥20,102,415.25 in Q1 2024, indicating a decrease of 0.9%[18]. Company Strategy and Market Position - The company attributed revenue growth to optimizing product mix strategies, expanding production capacity, and increasing demand in key application areas such as 5G base station power supplies and electric vehicle charging[7]. - The company has not disclosed any new product developments or market expansion strategies during this reporting period[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,820[10]. - The weighted average return on equity increased by 0.12 percentage points to 0.27%[4]. Foreign Exchange Impact - The company experienced a foreign exchange loss of -¥541.43 in Q1 2025, contrasting with a gain of ¥51.54 in Q1 2024[21].

Core Viewpoint - The company reported a revenue of 1.003 billion yuan for 2024, reflecting a year-on-year growth of 3.12%, while the net profit attributable to shareholders decreased by 71.27% to 40 million yuan [1][2]. Group 1: Industry Competition and Company Strategy - The company faces intensified industry competition, leading to a decline in product sales prices compared to the previous year [2]. - In response, the company is actively optimizing its product structure and continuously upgrading its technology platforms, focusing on high-pressure super junction MOSFETs, medium and low-voltage shielded gate MOSFETs, TGBT, and SiC MOSFET product lines [2]. - The company has expanded its production scale, achieving a power semiconductor production and sales ratio of 93.81%, indicating a high level of operational efficiency [2]. - The company maintains stable partnerships with manufacturers such as Huahong Semiconductor and Yuxin Semiconductor, ensuring a steady supply chain [2]. Group 2: Research and Development Investments - The company is one of the few domestic firms with complete experience from patent to mass production in high-performance power devices [3]. - Recent expansions in the high-performance medium and low-voltage power device product series have led to increased order demand from significant industrial and automotive clients [3]. - The company has developed various TGBT devices based on proprietary technology, which have entered multiple application fields, including photovoltaic inverters and energy storage [3]. - The fourth generation of SiC MOSFETs has been successfully developed and is currently in the sample verification stage, showcasing domestic leadership in performance [3]. Group 3: Financial Projections - Revenue projections for the company are estimated at 1.149 billion yuan, 1.353 billion yuan, and 1.597 billion yuan for the years 2025 to 2027, respectively [4]. - The net profit attributable to shareholders is projected to be 104 million yuan, 177 million yuan, and 241 million yuan for the same period [4]. - The company is assigned a target price of 46.51 yuan based on a 55 times PE ratio for 2025, maintaining a "Buy-A" investment rating [4].

Investment Rating - The report maintains a "Buy-A" investment rating for the company with a six-month target price of 46.51 yuan, compared to the current stock price of 40.22 yuan [4][6]. Core Insights - The company reported a revenue of 1.003 billion yuan for 2024, reflecting a year-on-year growth of 3.12%, while the net profit attributable to shareholders decreased by 71.27% to 40 million yuan [1][2]. - The company is actively expanding its market presence and optimizing its product structure in response to intensified industry competition, with a focus on upgrading its technology platforms for various MOSFET products [2][3]. - The company has established stable partnerships with semiconductor manufacturers and is collaborating with multiple SiC foundries to ensure the orderly advancement of its third-generation semiconductor product series [2][3]. Financial Performance Summary - The company is projected to achieve revenues of 1.149 billion yuan, 1.353 billion yuan, and 1.597 billion yuan for the years 2025, 2026, and 2027, respectively, with net profits expected to be 104 million yuan, 177 million yuan, and 241 million yuan for the same years [4][10]. - The company's earnings per share (EPS) is forecasted to be 0.85 yuan in 2025, 1.45 yuan in 2026, and 1.97 yuan in 2027, with a price-to-earnings (PE) ratio of 55 times for 2025 [4][10]. - The company’s revenue growth rate is expected to improve significantly in the coming years, with a projected net profit growth rate of 159.1% in 2025 and 69.9% in 2026 [10].

公募基金方面本期较上一季度持股减少的公募基金共计2个，包括信澳新能源产业股票、广发小盘成长 混合(LOF)A，持股减少占比达1.18%。本期较上一季度新披露的公募基金共计39个，主要包括南方中证 1000ETF、华夏数字经济龙头混合发起式A、华夏中证1000ETF、广发中证1000ETF、富国中证1000ETF 等。本期较上一季未再披露的公募基金共计2个，包括国联安半导体ETF、华商乐享互联灵活配置混合 A。 2025年4月26日，东微半导(688261.SH)发布2024年年度报告。截至2025年4月25日，共有52个机构投资 者披露持有东微半导A股股份，合计持股量达4264.25万股，占东微半导总股本的34.80%。其中，前十 大机构投资者包括苏州工业园区原点创业投资有限公司、中新苏州工业园区创业投资有限公司、苏州工 业园区高维企业管理合伙企业(有限合伙)、上海浦东发展银行股份有限公司-广发小盘成长混合型证券投 资基金(LOF)、苏州工业园区得数聚才企业管理合伙企业(有限合伙)、哈勃科技创业投资有限公司、深 圳国中中小企业发展私募股权投资基金合伙企业(有限合伙)、苏州丛蓉私募基金管理合伙企业(有限合 伙) ...

苏州东微半导体股份有限公司 2024 年度独立董事述职报告 苏州东微半导体股份有限公司 2024 年度独立董事述职报告 2024 年度，本人作为苏州东微半导体股份有限公司（以下简称"公司"） 的独立董事，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》"）等法律法规和《苏州东微半 导体股份有限公司章程》（以下简称"《公司章程》"）、《苏州东微半导体股 份有限公司独立董事工作制度》等规章制度的相关规定，诚实、勤勉、尽责、独 立地履行职责，积极出席 2024 年度的相关会议，认真审议各项议案，审慎行使 公司及股东赋予的权利，切实维护公司利益和全体股东尤其是中小股东的利益。 现就 2024 年度独立董事在任职期间内履行职责情况汇报如下： （一）独立董事人员情况 公司董事会由 9 名董事组成，其中独立董事 3 名，占董事会人数三分之一， 符合相关法律法规及公司制度的规定。 （二）个人工作履历、专业背景以及兼职情况 卢红亮先生（本人），1978 年 6 月出生，中国国籍，无境外永久居留权， 博士研究生学历，博士毕业于复旦大学。2006 年 10 月至 2007 年 ...

苏州东微半导体股份有限公司 2024 年度独立董事述职报告 苏州东微半导体股份有限公司 2024 年度独立董事述职报告 2024 年度，本人（毕嘉露）作为苏州东微半导体股份有限公司（以下简称 "公司"）的独立董事，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》"）等法律法 规和《苏州东微半导体股份有限公司章程》（以下简称"《公司章程》"）、 《苏州东微半导体股份有限公司独立董事工作制度》等规章制度的相关规定， 诚实、勤勉、尽责、独立地履行职责，积极出席 2024 年度的相关会议，认真审 议各项议案，审慎行使公司及股东赋予的权利，切实维护公司和全体股东尤其 是中小股东的利益。现就 2024 年度本人在任职期间内履行职责情况汇报如下： 一、独立董事基本情况 （一）独立董事人员情况 存在妨碍本人进行独立客观判断的关系，不存在影响独立董事独立性的情况。 二、独立董事年度履职情况 公司董事会由 9 名董事组成，其中独立董事 3 名，占董事会人数三分之一， 符合相关法律法规及公司制度的规定。 （二）个人工作履历、专业背景以及兼职情况 毕嘉露女士（本人），1982 ...

苏州东微半导体股份有限公司 关于制定《市值管理制度》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。 苏州东微半导体股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日召 开第二届董事会第十次会议，审议通过了《关于制定<市值管理制度>的议案》。 现将具体内容公告如下： 证券代码：688261 证券简称：东微半导 公告编号：2025-018 为推动公司提升投资价值，进一步规范公司的市值管理行为，增强投资者回 报，维护投资者利益，积极响应《上市公司监管指引第 10 号——市值管理》中 关于鼓励上市公司建立市值管理制度的号召，公司根据《中华人民共和国公司法》 《中华人民共和国证券法》《上海证券交易所科创板股票上市规则》等相关法律、 法规和规范性文件的规定，结合《苏州东微半导体股份有限公司章程》及公司实 际情况，制定了《苏州东微半导体股份有限公司市值管理制度》。 特此公告。 苏州东微半导体股份有限公司董事会 2025 年 4 月 26 日 《苏州东微半导体股份有限公司市值管理制度》将于同日在上海证券交易 所网站 ...

苏州东微半导体股份有限公司 市值管理制度 苏州东微半导体股份有限公司 市值管理制度 （2025 年 4 月） 第一章 总 则 第一条 为推动苏州东微半导体股份有限公司（以下简称"公司"）提升投资 价值，进一步规范公司的市值管理行为，增强投资者回报，维护投资者利益，根 据《中华人民共和国公司法》《中华人民共和国证券法》《国务院关于加强监管防 范风险推动资本市场高质量发展的若干意见》《上市公司信息披露管理办法》《上 市公司监管指引第10号——市值管理》《上海证券交易所科创板上市公司自律监 管指引第1号——规范运作》等法律法规、部门规章、规范性文件和《苏州东微 半导体股份有限公司章程》（以下简称"公司章程"）的有关规定，制定《苏州东 微半导体股份有限公司市值管理制度》（以下简称"本制度"）。 第二条 本制度所称市值管理，是指公司以提高公司质量为基础，为提升公 司投资价值和股东回报能力而实施的战略管理行为。 第三条 公司应当牢固树立回报股东意识，采取措施保护投资者尤其是中小 投资者利益，诚实守信、规范运作、专注主业、稳健经营，以新质生产力的培育 和运用，推动经营水平和发展质量提升，并在此基础上做好投资者关系管理，增 ...