Core Viewpoint - Haige Communication reached the daily limit increase, while China Unicom rose nearly 7%, with companies such as Chuangyuan Xinke, Sanwei Communication, Wantong Development, and Zhenlei Technology also experiencing gains [1] Company Summary - Haige Communication hit the daily limit increase, indicating strong market interest and potential investor confidence [1] - China Unicom's stock increased by nearly 7%, suggesting positive market sentiment and possibly favorable operational developments [1] - Other companies like Chuangyuan Xinke, Sanwei Communication, Wantong Development, and Zhenlei Technology followed suit with upward movements in their stock prices, reflecting a broader trend in the telecommunications sector [1] Industry Summary - The telecommunications sector is showing signs of growth, as evidenced by the stock performance of multiple companies within the industry [1] - The collective rise in stock prices among these companies may indicate a positive outlook for the telecommunications market, potentially driven by recent developments or investor optimism [1]

8月27日，臻镭科技涨0.13%，成交额12.62亿元。两融数据显示，当日臻镭科技获融资买入额1.45亿 元，融资偿还1.70亿元，融资净买入-2514.94万元。截至8月27日，臻镭科技融资融券余额合计7.28亿 元。 融资方面，臻镭科技当日融资买入1.45亿元。当前融资余额7.26亿元，占流通市值的4.78%，融资余额 超过近一年90%分位水平，处于高位。 融券方面，臻镭科技8月27日融券偿还3625.00股，融券卖出200.00股，按当日收盘价计算，卖出金额 1.42万元；融券余量2.76万股，融券余额195.89万元，超过近一年90%分位水平，处于高位。 资料显示，浙江臻镭科技股份有限公司位于浙江省杭州市西湖区智强路428号云创镓谷研发中心7号楼,8 号楼1-3层，成立日期2015年9月11日，上市日期2022年1月27日，公司主营业务涉及集成电路芯片和微 系统的研发、生产和销售。主营业务收入构成为：电源管理芯片50.10%，射频收发芯片及高速高精度 ADC/DAC芯片39.47%，技术服务5.97%，微系统及模组2.49%，终端射频前端芯片1.93%，其他(补 充)0.04%。 截至6月30日，臻镭 ...

证券日报网讯臻镭科技9月9日在互动平台回答投资者提问时表示，公司为芯片设计公司，采用Fabless模 式经营，在该模式下，公司专注于产品的研发、设计和销售环节，芯片的制造、封装测试由外协厂商完 成。为应对显著增长的订单需求，公司在产品备货、流片排期、增加合作供应商等方面采取相应措施， 确保产品及时交付。 （文章来源：证券日报） ...

Company Overview - Zhejiang Zhenlei Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on September 11, 2015. The company went public on January 27, 2022. Its main business involves the research, development, production, and sales of integrated circuit chips and microsystems [1]. Business Segmentation - The revenue composition of Zhenlei Technology is as follows: Power management chips account for 50.10%, RF transceiver and high-speed high-precision ADC/DAC chips make up 39.47%, technical services contribute 5.97%, microsystems and modules represent 2.49%, terminal RF front-end chips are at 1.93%, and other (supplementary) sources are 0.04% [1]. Market Performance - On September 9, Zhenlei Technology's stock fell by 5.04%, trading at 70.32 yuan per share, with a transaction volume of 417 million yuan and a turnover rate of 2.71%. The total market capitalization is 15.052 billion yuan [1]. Fund Holdings - According to data, one fund under ICBC Credit Suisse holds Zhenlei Technology as a significant position. The Zhongzheng 1000 ETF Enhanced (561280) held 7,712 shares in the second quarter, accounting for 0.95% of the fund's net value, ranking as the fourth-largest holding. The estimated floating loss today is approximately 28,800 yuan [2]. Fund Performance - The Zhongzheng 1000 ETF Enhanced (561280) was established on August 31, 2023, with a latest scale of 37.6268 million yuan. Year-to-date, it has achieved a return of 39.38%, ranking 661 out of 4,222 in its category. Over the past year, the return is 88.07%, ranking 515 out of 3,798, and since inception, the return is 46.04% [2]. Fund Management - The fund manager of Zhongzheng 1000 ETF Enhanced (561280) is Liu Zihao, who has been in the position for 2 years and 152 days. The total asset scale of the fund is 3.318 billion yuan, with the best return during his tenure being 68.63% and the worst return being -30.37% [3].

Core Viewpoint - The analog chip sector has shown remarkable performance in the secondary market this year, with companies like Zhenlei Technology (688270) seeing their stock prices double, driven by advancements in technology and product structure upgrades in response to emerging industries such as automotive electronics, energy, and artificial intelligence [1][3]. Group 1: Industry Performance - The analog chip sector is leading the profitability growth among A-share semiconductor sub-sectors, with an index increase of nearly 18% this year [1]. - In the first half of this year, the semiconductor industry in A-shares achieved a revenue of 321.2 billion yuan and a net profit of nearly 24.5 billion yuan, marking a year-on-year growth of approximately 30% [3]. - The net profit of analog chip companies in the second quarter saw a remarkable increase of about four times compared to the previous quarter, outperforming other sub-sectors [3]. Group 2: Company Highlights - Zhenlei Technology reported a net profit of approximately 62.32 million yuan in the first half of the year, a tenfold increase year-on-year, benefiting from the recovery in the satellite internet industry [3][4]. - Sireen Technology achieved a net profit of nearly 65.69 million yuan in the first half, significantly reversing losses, with a 50% year-on-year revenue growth in its industrial market segment [4]. - Jingfeng Mingyuan reported a net profit of 15.76 million yuan in the first half, also reversing losses, driven by high-performance computing power supply chip sales [4]. Group 3: Product Structure and Profitability - The median gross profit margin for the analog chip industry increased from 34.72% in the first quarter to 35.05% in the second quarter [6]. - Companies like Xindong Lian Technology achieved a gross profit margin close to 88%, benefiting from high-end industrial applications [6]. - Aiwai Electronics reported a 70% year-on-year increase in net profit, reaching 156 million yuan, despite a decline in revenue, due to improved gross profit margins from new product launches [7]. Group 4: Inventory and Operational Efficiency - The inventory turnover in the analog chip industry improved, with a median of nearly 177 days in the second quarter, surpassing the level from the same period last year [10]. - Approximately 60% of listed companies in the sector reduced their inventory turnover days, indicating enhanced operational efficiency [10]. - Companies like Juyuan Technology and Zhenlei Technology significantly compressed their inventory turnover days, while others like Zhuoshengwei experienced extended turnover days [10].

Core Viewpoint - The analog chip sector has shown remarkable performance in the secondary market this year, with companies like Zhenlei Technology (688270) seeing their stock prices double, driven by advancements in automotive electronics, energy, and artificial intelligence [1][4]. Group 1: Industry Performance - The analog chip sector is a significant branch of semiconductors, processing analog signals and widely used in various applications such as sound, light, and temperature [1]. - The sector's profitability growth rate is the highest among A-share semiconductor sub-industries, with the analog chip index rising nearly 18% this year [1][4]. - In the first half of this year, the A-share semiconductor industry achieved a revenue of 321.2 billion yuan and a net profit of approximately 24.5 billion yuan, marking a year-on-year growth of about 30% [4]. Group 2: Company Highlights - Zhenlei Technology reported a net profit of approximately 62.32 million yuan in the first half of the year, a tenfold increase year-on-year, benefiting from the recovery in the satellite internet industry [6]. - Si Rui Pu achieved a net profit of nearly 65.69 million yuan, significantly reversing losses, with a 50% year-on-year revenue growth in its industrial market segment [6][7]. - Jin Feng Ming Yuan reported a net profit of 15.76 million yuan, also reversing losses, driven by high-performance computing power supply chip sales [7]. Group 3: Product Structure Upgrade - The median gross profit margin for the analog chip industry increased from 34.72% in Q1 to 35.05% in Q2 this year [9]. - Companies like Xin Dong Lian Ke and Zhenlei Technology reported gross profit margins of nearly 88% and 83%, respectively, benefiting from increased demand in consumer electronics and automotive electronics [9]. - Ai Wei Electronics saw a 70% year-on-year increase in net profit, achieving 156 million yuan, despite a decline in revenue, due to new product launches and market expansion [10]. Group 4: Inventory Turnover - The inventory turnover for the analog chip industry improved, with a median of nearly 177 days in Q2, surpassing the level from the same period last year [13]. - Approximately 60% of listed companies in the sector reduced their inventory turnover days, indicating improved operational efficiency [13]. - Companies like Ju Quan Technology and Zhenlei Technology significantly compressed their inventory turnover days, while others like Zhuo Sheng Wei and Sai Wei Wei Dian experienced extended turnover days [13].

Core Viewpoint - The analog chip sector has shown remarkable performance in the secondary market this year, with companies like Zhenlei Technology (688270) seeing their stock prices double, driven by technological upgrades and structural improvements in response to emerging industries such as automotive electronics, energy, and artificial intelligence [1][3]. Group 1: Industry Performance - The analog chip sector's profit growth rate is the highest among A-share semiconductor sub-sectors, with an index increase of nearly 18% this year [1][3]. - In the first half of this year, the A-share semiconductor industry achieved operating revenue of 321.2 billion yuan and a net profit of nearly 24.5 billion yuan, marking a year-on-year growth of approximately 30% [3]. - The second quarter saw a nearly 60% quarter-on-quarter profit growth in the semiconductor industry, with analog chip companies experiencing a profit increase of about four times compared to the previous quarter [3]. Group 2: Company Highlights - Zhenlei Technology reported a net profit of approximately 62.32 million yuan in the first half of the year, a tenfold year-on-year increase, benefiting from the recovery in the satellite internet industry [5]. - Sireen Technology achieved a net profit of nearly 65.69 million yuan in the first half, significantly reversing losses, with a 50% year-on-year revenue growth in its industrial market segment [5]. - Jingfeng Mingyuan's net profit reached 15.76 million yuan in the first half, driven by high-performance computing power supply chip sales, which increased by about 40% year-on-year [6]. Group 3: Product Structure and Profitability - The median gross profit margin for the analog chip industry increased from 34.72% in Q1 to 35.05% in Q2 this year, with companies like Xindong Technology achieving a gross margin close to 88% [7]. - Sensor manufacturer Minxin Technology reported a significant turnaround with a net profit of 25.19 million yuan, benefiting from the widespread application of MEMS acoustic sensors [7][8]. - Awei Electronics, despite a decline in revenue, saw a 70% year-on-year increase in net profit, reaching 156 million yuan, attributed to new product launches and improved gross margins [8]. Group 4: Inventory and Operational Efficiency - The inventory turnover in the analog chip industry improved, with a median of nearly 177 days in Q2, surpassing the level from the same period last year [10]. - Approximately 60% of listed companies in the sector reduced their inventory turnover days, with companies like Xidi Micro and Sireen Technology showing significant reductions [10]. - Despite a decline in revenue, leading RF chip company Zhaoshengwei reported a net loss of 14.7 million yuan, with a gross margin drop from 42.11% to 28.75% [10][12].

Core Viewpoint - The report details the equity changes of Zhejiang Zhenlei Technology Co., Ltd., indicating a reduction in shares held by certain stakeholders through a negotiated transfer, without affecting the company's control or governance structure [1][2]. Group 1: Equity Change Overview - The equity change involves a reduction in shares from 69,819,904 shares (32.62% of total shares) to 61,514,703 shares (28.74% of total shares) [8][9]. - The equity change was executed on September 4, 2025, through a negotiated transfer method, not through public trading [9][10]. Group 2: Stakeholder Information - The report identifies four main stakeholders: Yu Faxin, Hangzhou Chenxin Investment Partnership, Hangzhou Zhenlei Investment Partnership, and Hangzhou Ruilei Investment Partnership [5][6]. - Yu Faxin serves as the executive partner for the investment partnerships, indicating a unified action among the stakeholders [8]. Group 3: Future Plans - The stakeholders do not rule out the possibility of further changes in their equity holdings within the next 12 months, depending on market conditions [9][10]. - The report confirms that the stakeholders have not engaged in any other trading of Zhenlei Technology shares in the six months prior to the report [12].

浙江臻镭科技股份有限公司 简式权益变动报告书 上市公司名称：浙江臻镭科技股份有限公司 股票上市地点：上海证券交易所科创板 股票简称：臻镭科技 股票代码：688270 信息披露义务人 1：郁发新 住所及通讯地址：浙江省杭州市****** 信息披露义务人 2：杭州晨芯投资合伙企业（有限合伙） 住所及通讯地址：杭州市西湖区西园三路 3 号 5 幢 103 室 信息披露义务人 3：杭州臻雷投资合伙企业（有限合伙） 住所及通讯地址：浙江省杭州市西湖区西园三路 3 号 5 幢 105 室 信息披露义务人 4：杭州睿磊投资合伙企业（有限合伙） 住所及通讯地址：浙江省杭州市西湖区西园三路 3 号 5 幢 501 室 股权变动性质：股份减少（询价转让） 签署日期： 2025 年 9 月 4 日 1 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办法》《公 开发行证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》及相关法律、法 规和规范性文件编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行 ...

证券代码：688270 证券简称：臻镭科技 公告编号：2025-042 浙江臻镭科技股份有限公司 股东询价转让结果报告书暨持股 5%以上股东权益变动 触及 5%整数倍的提示性公告 郁发新、杭州晨芯投资合伙企业（有限合伙）(以下简称"晨芯投资"）、杭州 臻雷投资合伙企业（有限合伙）（以下简称"臻雷投资"）、杭州睿磊投资合伙企业 （有限合伙）（以下简称"睿磊投资"）（郁发新、晨芯投资、臻雷投资、睿磊投资 以下合称"郁发新及其一致行动人"；晨芯投资、臻雷投资、睿磊投资以下合称 "转让方"）保证向浙江臻镭科技股份有限公司（以下简称"臻镭科技"或"公 司"）提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真 实性、准确性和完整性依法承担法律责任。本公司及董事会全体成员保证公告内容 与信息披露义务人提供的信息一致。 重要内容提示: 本次询价转让的价格为53.52元/股，转让的股票数量为8,305,201股。 晨芯投资、臻雷投资、睿磊投资参与本次询价转让。 本次权益变动为股份减持。本次转让不会导致公司控股股东、实际控制 人发生变化。 本次权益变动后，郁发新及其一致行动人持有公司股份比例由32.62%减 少至 ...