Core Viewpoint - Suzhou Guoxin Technology Co., Ltd. has successfully completed internal testing of its new generation automotive electronic BLDC motor driver control high-performance chip, CBC2100B, which is expected to enhance the company's product offerings and contribute to the high-end MCU chip supply in China's automotive industry [1][3]. Product Overview - The CBC2100B chip is developed using BCD technology, supports input voltages up to 28V, and is compatible with automotive 12V/24V systems and industrial applications [2]. - It features a 32-bit CPU core, programmable control, integrated PWM module, BEMFC module for sensorless control, and a gate driver supporting up to 350mA [2]. - The chip includes safety modules with AES-128 encryption, multiple automotive standard communication interfaces (LINFlex, CANFD, SPI), and various protection functions to enhance system reliability [2]. Design and Production Standards - The CBC2100B is designed and produced according to automotive electronic Grade0 and functional safety ASIL-B standards, ensuring high reliability and safety [3]. - The chip's packaging options include LQFP64/TQFP64/LQFP48/TQFP48, and it can compete with Infineon's TLE988x/9x series chips for BLDC applications [3]. Impact on the Company - The successful development of the CBC2100B chip enriches the company's high-end automotive electronic MCU integrated drive control product line, positively impacting market expansion and performance growth in the automotive electronics sector [3]. - The product aims to address the "chip shortage" issue in China's automotive, particularly in the new energy vehicle sector [3].

关于自愿披露公司研发的新一代汽车电子 BLDC 电机驱动控制 高性能芯片新产品内部测试成功的公告 证券代码：688262 证券简称：国芯科技 公告编号：2025-062 苏州国芯科技股份有限公司 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。 苏州国芯科技股份有限公司（以下简称"公司"）研发的新一代汽车电子BLDC （无刷直流）电机驱动控制高性能芯片新产品"CBC2100B"于近日在公司内部测试 中获得成功。现将相关事项公告如下： 一、新产品的基本情况 二、对公司的影响 公司对上述芯片产品具有完全自主知识产权，该款新产品的研发成功进一步丰 富了公司的高端汽车电子MCU集成驱动控制功能的产品系列，对公司未来汽车电子 业务的市场拓展和业绩成长性预计都将产生积极的影响，有望为解决我国汽车尤其 是新能源汽车产业高端MCU芯片"缺芯"问题做出贡献。 三、风险提示 公司本次研发成功的三相无刷直流电机驱动控制芯片新产品 CBC2100B 是基于 130nm BCD 工艺研发的电机驱动控制芯片，适用于水泵、油泵、空调风机等汽车电 子领域和 ...

Core Viewpoint - Guoxin Technology (688262.SH) has successfully tested its new generation automotive electronic BLDC (Brushless DC) motor driver control high-performance chip "CBC2100B" internally, marking a significant advancement in automotive electronics and industrial control applications [1][2]. Group 1: Product Features - The CBC2100B chip is developed based on 130nm BCD technology and is suitable for automotive electronic applications such as water pumps, oil pumps, and air conditioning fans, as well as industrial control for BLDC motor drives and electrified equipment [1]. - The chip supports a maximum input voltage of 28V and is compatible with automotive 12V/24V systems and industrial applications [2]. - It features an embedded 32-bit CPU core, programmable control, integrated PWM module for flexible output control, and a BEMFC module for sensorless control [2]. Group 2: Safety and Reliability - The CBC2100B chip includes a safety module that supports random number generation and AES-128 encryption, enabling secure startup [2]. - It is designed and produced according to automotive electronic Grade0 and functional safety ASIL-B standards, ensuring high reliability and safety [2]. - The chip incorporates various automotive standard communication interfaces, including LINFlex, CANFD (with built-in CANFD transceiver), and SPI, along with protection features for overvoltage, undervoltage, overcurrent, overheating, and external MOS short-circuit monitoring [2]. Group 3: Market Position and Development - The CBC2100B chip is positioned to compete with Infineon's TLE988x/9x series chips, offering both sensor-based and sensorless control solutions for BLDC applications [2]. - The company has already sent samples of the new product to relevant customers, who are currently engaged in development and application work [2].

Group 1 - The core viewpoint of the article highlights significant stock price increases for several technology companies, indicating a positive market sentiment in the semiconductor sector [1] Group 2 - Yuanjie Technology and Liyang Chip both reached a 20% limit up in stock price [1] - Huahong Company saw an increase of over 16% in its stock price [1] - Other companies such as Guoxin Technology, Dongwei Semiconductor, Canxin Technology, and Zhaoyi Innovation also experienced notable stock price rises [1]

Group 1 - The semiconductor sector has seen a significant rise, with companies such as Source Technology and Liyang Chip hitting the daily limit of a 20% increase [1] - Huahong Company experienced a surge of over 14% in its stock price [1] - Other companies including Guoxin Technology, Dongwei Semiconductor, Canxin Technology, and Zhaoyi Innovation also showed upward trends in their stock prices [1]

Group 1 - The A-share market has seen a strong performance in digital currency concept stocks, with notable increases in share prices for several companies [1] - Gao Weida (300465) experienced a rise of 16.52%, with a total market capitalization of 12.1 billion and a year-to-date increase of 48.64% [2] - Zhidu Co., Ltd. (000676) reached a limit-up of 10%, with a market cap of 16.1 billion and a year-to-date increase of 50.83% [2] - Qitian Technology (300061) rose by 7.93%, with a market cap of 9.15 billion and a year-to-date increase of 7.67% [2] - Hengbao Co., Ltd. (002104) increased by 7.52%, with a market cap of 20 billion and a year-to-date increase of 319.36% [2] - Other companies such as Xinan Century (688201), Guoxin Technology (688262), and Information Development (300469) also saw increases of over 5% [1][2] Group 2 - The overall trend indicates a significant interest and investment in digital currency-related stocks within the A-share market [1] - The year-to-date performance of these stocks suggests a growing confidence in the digital currency sector among investors [2] - The strong price movements may reflect broader market trends and investor sentiment towards digital currencies and related technologies [1][2]

Group 1 - The A-share market saw a strong performance in digital currency concept stocks, with notable gains in several companies [1] - Gaweida experienced a rise of over 16%, while Zhidu shares hit the daily limit with a 10% increase [1] - Qitian Technology and Hengbao shares both rose by more than 7%, and Xinan Century, Guoxin Technology, and Information Development saw increases of over 5% [1]

Group 1 - The semiconductor sector experienced a significant rise at the beginning of trading, with companies such as Allwinner Technology and Hua Hong Semiconductor reaching new highs during the session [1] - Li Yang Chip and Demingli stocks hit the daily limit up, while Yutai Microelectronics saw an increase of over 10% [1] - Other companies including SourceJ Technology, Guoxin Technology, Jinghe Integration, Huafeng Measurement and Control, and Aojie Technology also saw gains [1] Group 2 - Related ETFs showed positive performance, with the leading chip ETF (159801) rising by 2.31% and a trading volume of 40.8161 million yuan [1] - The Southern Semiconductor ETF (159325) increased by 2.59%, with a trading volume of 4.9692 million yuan [1]

Financial Performance - Company reported total revenue of 171 million yuan for the first half of 2025, a year-on-year decrease of 34.74% [1] - Net profit attributable to shareholders was -86.41 million yuan, down 4.66% year-on-year [1] - Gross margin improved to 36.82%, an increase of 82.19% compared to the previous year [1] - Net margin was -50.66%, a decline of 60.39% year-on-year [1] - Total expenses (selling, administrative, and financial) accounted for 29.13% of revenue, up 76.72% year-on-year [1] Cash Flow and Financial Health - Cash and cash equivalents decreased to 140 million yuan, down 28.38% year-on-year [1] - Operating cash flow per share was 0.16 yuan, a significant increase of 366.1% year-on-year [1] - The ratio of cash to current liabilities was 65.53%, indicating potential liquidity concerns [4] Investment Returns - Historical return on invested capital (ROIC) has been low, with a median of 1.49% since the company went public [3] - The worst year for ROIC was 2024, at -7.64%, indicating poor investment returns [3] Research and Development - Company is actively developing quantum-resistant cryptography technologies, focusing on five algorithms based on NIST standards [5][6] - Three hardware design modules for quantum-resistant algorithms have been completed, with patents submitted for related technologies [6] - The company has launched a quantum-resistant chip, HC001, which features low power consumption and high security [7] Product Development - A new quantum-resistant security card, CCUPHPQ01, has been developed, integrating both quantum-resistant and traditional cryptographic algorithms [8] - The card supports various national cryptographic standards and is designed for high-performance security applications [8][9] - The product is adaptable to major platforms and operating systems, making it suitable for various high-security applications in finance, communication, and IoT [9]

Core Insights - Guoxin Technology reported a 34.7% decline in revenue to 170.58 million yuan for the first half of 2025, with a loss of 86.41 million yuan, but positive signals for future growth are evident in financial metrics and business developments [1][2][3] Financial Performance - Revenue decline primarily attributed to a drop in custom chip service income, impacted by external factors leading to longer production cycles [1] - The company has seen a 52.79% year-on-year increase in contract liabilities to 967 million yuan, indicating a potential increase in custom product deliveries in the future [1] - Operating cash flow turned positive, improving from a negative 19.74 million yuan to 52.54 million yuan year-on-year, signaling significant cash flow improvement [1][2] Research and Development - R&D expenses reached 153 million yuan in the first half, a 6.4% increase year-on-year, with Q2 expenses rising by 11.48% to 80.70 million yuan [2] - Continuous investment in R&D has enhanced product competitiveness, reflected in a 16.61 percentage point increase in gross margin to 36.82% [2] Business Segments - The automotive electronics chip segment saw a remarkable 63.81% revenue increase to 49.15 million yuan, with cumulative shipments reaching 17 million units, indicating strong acceptance by OEMs [3] - In the cloud security and data center sector, the company successfully developed a high-performance cloud security chip based on RISC-V architecture, achieving industry-leading standards [3] - The company is at the forefront of quantum-resistant technology, having developed the AHC001 quantum-resistant chip and successfully tested the CCUPHPQ01 quantum-resistant card [3] Strategic Outlook - The half-year report reflects a transformation phase for Guoxin Technology, with improving supply chain conditions and enhanced cash flow signaling positive future performance [3] - Continued growth in the automotive electronics chip business and ongoing technological breakthroughs in cloud security and quantum resistance are expected to strengthen the company's long-term competitive position [3]