Investment Rating - The report maintains a positive investment rating for the quantum computing and post-quantum cryptography sectors, highlighting significant growth potential and competitive dynamics in the industry [4]. Core Insights - Quantum computing is poised to revolutionize AI capabilities by overcoming computational bottlenecks, with the market expected to grow from $4.7 billion in 2023 to over $800 billion by 2035, reflecting a compound annual growth rate (CAGR) of 44.8% [1][27]. - Post-quantum cryptography (PQC) is emerging as a critical defense against the threats posed by quantum computing to traditional encryption systems, with the U.S. leading in the development and standardization of PQC technologies [1][36]. - Domestic companies are accelerating their efforts in the quantum computing and cybersecurity sectors, aiming to establish a robust information security framework that is self-sufficient and resilient against quantum threats [2][3]. Summary by Sections 1. Addressing Quantum Computing Challenges and Advancements in Post-Quantum Cryptography - Quantum computing leverages unique quantum mechanical properties to achieve unprecedented computational power, enabling significant advancements in parallel processing and energy efficiency [7][10]. - The quantum computing market is expected to reach $10.5 billion by 2027, driven by breakthroughs in specialized quantum computers and applications across various sectors [27]. - The development of post-quantum cryptography is essential to safeguard against the vulnerabilities of traditional encryption methods, with various algorithms being explored to ensure security in a quantum computing era [30][32]. 2. Focus on Future Technological Transformations and Domestic Leaders' Accelerated Layout - Leading domestic enterprises are actively investing in quantum computing and post-quantum cryptography, enhancing their capabilities in algorithm development, hardware innovation, and practical applications [2][3]. - Companies like GuoDun Quantum and Sanwei Xinan are at the forefront of developing comprehensive solutions that integrate quantum key distribution (QKD) and post-quantum cryptography [61][52]. - The report identifies key players such as GuoDun Quantum, Sanwei Xinan, and Jida Zhengyuan as significant contributors to the advancement of post-quantum cryptography technologies [3][47][57].

Group 1 - The core viewpoint of the news highlights the recent trading performance of Guoxin Technology, with a stock price increase of 3.26% and a trading volume of 517 million yuan on September 12 [1] - Guoxin Technology's financing buy-in amount on the same day was 47.67 million yuan, while the financing repayment was 51.89 million yuan, resulting in a net financing outflow of 4.22 million yuan [1] - As of September 12, the total balance of margin trading for Guoxin Technology was 359 million yuan, with the financing balance accounting for 3.54% of the circulating market value, indicating a relatively low level compared to the past year [1] Group 2 - Guoxin Technology, established on June 25, 2001, and listed on January 6, 2022, focuses on providing IP licensing, chip customization services, and self-developed chips and modules, primarily in the fields of information security, automotive electronics, and industrial control [2] - The revenue composition of Guoxin Technology includes 42.19% from self-developed chips and modules, 28.54% from chip customization services, and 0.70% from IP licensing, among others [2] - For the first half of 2025, Guoxin Technology reported a revenue of 171 million yuan, a year-on-year decrease of 34.74%, and a net profit attributable to shareholders of -86.41 million yuan, a decrease of 4.66% year-on-year [2] Group 3 - Since its A-share listing, Guoxin Technology has distributed a total of 120 million yuan in dividends, with 59.99 million yuan distributed over the past three years [3]

Core Viewpoint - Guoxin Technology (SH 688262) announced an incentive plan to grant 9.220686 million restricted stocks to 176 individuals, representing 2.74% of the company's total share capital of approximately 336 million shares [1] Summary by Category Incentive Plan - The incentive plan involves granting 9.220686 million restricted stocks to 176 individuals, sourced from shares repurchased in the secondary market and/or newly issued shares [1] - The grant price for the restricted stocks is set at 14.97 yuan per share, with a validity period of up to 36 months from the date of grant [1] Financial Performance - For the year 2024, Guoxin Technology's revenue composition is projected to be 99.93% from the integrated circuit industry and 0.07% from other businesses [1] - As of the announcement, Guoxin Technology has a market capitalization of 10.1 billion yuan [1]

北京金诚同达（上海）律师事务所 关于 苏州国芯科技股份有限公司 2025 年限制性股票激励计划（草案）的 法律意见书 11 & N 金诚同达律师事务所 上海市浦东新区世纪大道88号金茂大厦18层 电话:86-21-3886 2288 北京金诚同达(上海)律师事务所 法律意见书 图片 > 在本法律意见书内,除非文意另有所指,下列词语具有下述涵义: | 国芯科技、公司 | 指 | 苏州国芯科技股份有限公司 | | --- | --- | --- | | 本激励计划、2025年激 | 블 | 苏州国芯科技股份有限公司 2025年限制性股票激励计划 | | 励计划 | | | | 《激励计划(草案)》 | 指 | 《苏州国芯科技股份有限公司 2025 年限制性股票激励计划 (草案)》 | | 限制性股票 | 指 | 符合本激励计划授予条件的激励对象,在满足相应获益条件 后分次获得并登记的本公司股票 | | | | 按照本激励计划规定,获得限制性股票的公司董事、高级管 | | 激励对象 | 指 | 理人员、核心技术人员、中层管理人员、技术(业务)骨干 | | | | 人员 | | 授予日 | 指 | 公司向激励对象授予 ...

苏州国芯科技股份有限公司 董事、高级管理人员及核心技术人员持股及变动管理制度 第一章 总则 第一条 为进一步明确苏州国芯科技股份有限公司（以下简称"公司"）董 事、高级管理人员及核心技术人员所持本公司股份及其变动的办理程序，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》"）、《上市公司股东减持股份管理暂行办法》《上市公司董事和 高级管理人员所持本公司股份及其变动管理规则》《上市公司收购管理办法》《上 海证券交易所科创板股票上市规则》《上海证券交易所上市公司自律监管指引第 8 号——股份变动管理》等法律、法规、规范性文件和《苏州国芯科技股份有限 公司章程》（以下简称"《公司章程》"）的规定，制定本管理制度。 公司的高级管理人员包括：总经理、副总经理、董事会秘书、财务总监。公 司董事、高级管理人员及核心技术人员所持公司股份，是指登记在其名下和利用 他人账户持有的所有公司股份。公司董事、高级管理人员及核心技术人员从事融 资融券交易的，还包括记载在其信用账户内的公司股份。 第三条 公司董事、高级管理人员及核心技术人员可以通过上海证券交易 所（以下简称"上交所 ...

证券代码：688262 证券简称：国芯科技 公告编号：2025-066 苏州国芯科技股份有限公司 关于确认其他非流动金融资产公允价值变动的公告 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。 上述其他非流动金融资产公允价值变动计入公允价值变动损益，将增加 2025年第三季度利润总额2,092.83万元。 根据《企业会计准则第22号——金融工具确认和计量》及公司会计政策的 规定，以公允价值计量且其变动计入当期损益的金融资产包括交易性金融资产 、衍生金融资产、其他非流动金融资产等，按公允价值进行初始计量，相关交 易费用计入当期损益。该金融资产按公允价值进行后续计量，公允价值变动计 入当期损益。 （二）其他非流动金融资产公允价值变动确认的具体情况 根据新金融工具准则的要求，公司对其他非流动金融资产的公允价值进行 重新确认。对于金融工具存在活跃市场的，公司采用活跃市场中的报价确定其 公允价值；金融工具不存在活跃市场的，公司采用估值技术确定其公允价值。 针对持有的非上市股权投资，公司根据被投资公司情况，依据近期融资价格及 市场乘数 ...

证券代码：688262 证券简称：国芯科技 公告编号：2025-067 苏州国芯科技股份有限公司 关于召开2025年第三次临时股东会的通知 本公司董事会及全体董事保证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： 一、 召开会议的基本情况 （一） 股东会类型和届次 2025年第三次临时股东会 网络投票起止时间：自2025 年 9 月 29 日 至2025 年 9 月 29 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 股东会召开日期：2025年9月29日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 （二） 股东会召集人：董事会 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 （四） 现场会议召开的日期、时间和地点 召开地点： ...

证券代码：688262 证券简称：国芯科技 公告编号：2025-064 苏州国芯科技股份有限公司 第三届董事会第三次会议决议公告 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、董事会会议召开情况 苏州国芯科技股份有限公司（以下简称"公司"）第三届董事会第三次会议 （以下简称"本次会议"或"会议"）于 2025 年 9 月 12 日 10：00 在苏州市高 新区汾湖路 99 号狮山总部经济中心 1 号楼 17 层会议室举行。本次会议的通知于 2025 年 9 月 8 日通过电子邮件及电话等方式送达全体董事。本次会议采用现场 表决结合通讯表决的方式召开，会议应出席董事 7 名，实际出席董事 7 名，会议 由公司董事长郑茳先生召集并主持。本次会议的召集和召开程序符合《中华人民 共和国公司法》等法律法规、部门规章、规范性文件和《苏州国芯科技股份有限 公司章程》（以下简称"《公司章程》"）等相关规定的要求。 二、董事会会议审议情况 经与会董事审议，本次会议审议通过如下议案： （一）以 4 票同意、0 票反对、0 票弃权、3 票 ...

Group 1 - The core point of the article is that Guoxin Technology (SH 688262) announced a board meeting to discuss the 2025 restricted stock incentive plan, indicating strategic planning for future growth [1] - Guoxin Technology's revenue composition for the year 2024 shows that 99.93% of its revenue comes from the integrated circuit industry, highlighting its strong focus on this sector [1] - As of the report, Guoxin Technology has a market capitalization of 10.1 billion yuan, reflecting its valuation in the market [1] Group 2 - The board meeting took place on September 12, 2025, at the company's headquarters in Suzhou, indicating ongoing corporate governance and decision-making processes [1] - The company is seeking shareholder approval for the board to handle matters related to the 2025 restricted stock incentive plan, which may impact employee motivation and retention [1]

Core Viewpoint - Guoxin Technology (688262.SH) announced a restricted stock incentive plan for 2025, proposing to grant 9.220686 million shares of restricted stock, which accounts for approximately 2.74% of the company's total share capital at the time of the announcement of the draft incentive plan [1] Summary by Category - **Incentive Plan Details** - The incentive plan involves a one-time grant of restricted stock with no reserved rights [1]