Core Viewpoint - The shareholders of Suzhou Minxin Microelectronics Technology Co., Ltd. plan to transfer a total of 960,223 shares, representing 1.71% of the company's total share capital, through a non-public inquiry transfer to institutional investors due to their own funding needs [3][7]. Group 1: Shareholder Transfer Details - The shareholders involved in the transfer are Suzhou Changzhong Enterprise Management Consulting Center (Limited Partnership) and Suzhou Changheng Enterprise Management Consulting Company (Limited Partnership) [3][4]. - The transfer will not occur through centralized bidding or block trading and is not considered a reduction through the secondary market [3][7]. - The shares to be transferred have been released from restrictions, and the transferors confirm that there are no limitations or prohibitions on the transfer [5][11]. Group 2: Transfer Pricing and Conditions - The minimum transfer price will not be lower than 70% of the average stock price over the 20 trading days prior to September 23, 2025 [8]. - If the total number of valid subscriptions exceeds the number of shares available for transfer, the transfer price will be determined based on price priority, quantity priority, and time priority [9]. - The transfer is open to institutional investors with appropriate pricing capabilities and risk tolerance, including various types of financial institutions [10]. Group 3: Company Status and Risks - Suzhou Minxin Microelectronics does not face any operational risks that require disclosure under the relevant stock exchange rules [11]. - The inquiry transfer does not pose a risk of control change for the company [11]. - There are no other undisclosed significant matters related to the company [11].

Group 1: Company Announcements - Ganli Pharmaceutical signed a technology transfer and supply agreement with FZ and BIOMM, with a total supply framework agreement amount expected to be no less than 3 billion RMB [1] - Upwind New Materials completed the transfer of 121 million shares, changing its controlling shareholder to Zhiyuan Hengyue, associated with Zhiyuan Robotics [2] - Poly Developments plans to publicly issue corporate bonds not exceeding 15 billion RMB for various purposes including debt repayment and project construction [3] Group 2: Shareholder Actions - Lenovo Holdings reduced its stake in Lakala by 8.0781 million shares, decreasing its ownership from 25.00% to 23.97% [4] - Fenghuo Communication plans to repurchase shares with a budget between 75 million and 150 million RMB, with a maximum repurchase price of 40.53 RMB per share [5] - Hualing Cable intends to acquire control of San Bamboo Intelligent for no more than 270 million RMB to enhance its capabilities in robotics and high-frequency transmission [6] Group 3: Market Developments - Guiguang Network clarified that rumors regarding major collaborations with Huawei Cloud and restructuring with state-owned enterprises are untrue [7] - Dongshan Precision is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international presence [8] - Wolong Nuclear Materials' subsidiary plans to invest up to 1 billion RMB in a new materials project in Suzhou [9] Group 4: Other Corporate Activities - Chao Xun Communication's management completed their share reduction plan, with specific shares sold by board members [10] - Various companies are involved in significant project bids and collaborations, including China Electric Research and others [15]

Core Viewpoint - Minxin Co., Ltd. (688286.SH) has disclosed a shareholder inquiry transfer plan, indicating a potential change in ownership structure [1] Group 1: Shareholder Transfer Details - The shareholders involved in the inquiry transfer are Suzhou Changzhong Enterprise Management Consulting Center (Limited Partnership) and Suzhou Changheng Enterprise Management Consulting Company (Limited Partnership) [1] - The total number of shares to be transferred is 960,223 shares, which represents 1.71% of the company's total share capital [1]

Group 1 - The core point of the article is that Minxin Co., Ltd. (688286.SH) has disclosed a share transfer plan involving a total of 960,223 shares, which represents 1.71% of the company's total equity [1] Group 2 - The shareholders participating in the transfer are Suzhou Changzhong Enterprise Management Consulting Center (Limited Partnership) and Suzhou Changheng Enterprise Management Consulting Company (Limited Partnership) [1]

格隆汇9月23日丨敏芯股份(688286.SH)公布，拟参与敏芯股份首发前股东询价转让（以下简称"本次询 价转让"）的股东为苏州昶众企业管理咨询中心（有限合伙）、苏州昶恒企业管理咨询企业（有限合 伙）；出让方拟转让股份的总数为960,223股，占敏芯股份总股本的比例为1.71%。 ...

证券代码：688286 证券简称：敏芯股份 公告编号：2025-053 苏州敏芯微电子技术股份有限公司 股东询价转让计划书 苏州昶众企业管理咨询中心（有限合伙）、苏州昶恒企业管理咨询企业（有 限合伙）（上述 2 家股东以下合称"出让方"）保证向苏州敏芯微电子技术股份 有限公司（以下简称"敏芯股份"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： 拟参与敏芯股份首发前股东询价转让（以下简称"本次询价转让"）的 股东为苏州昶众企业管理咨询中心（有限合伙）、苏州昶恒企业管理咨询企业（有 限合伙）； 出让方拟转让股份的总数为 960,223 股，占敏芯股份总股本的比例为 1.71%； 本次询价转让为非公开转让，不会通过集中竞价交易或大宗交易方式进 行，不属于通过二级市场减持。受让方通过询价转让受让的股份，在受让后 6 个月内不得转让； 本次询价转让的受让方为具备相应定价能力和风险承受能力的机构投资 者。 一、拟参与转让的股东情况 （一）出让方的名称、持股数量、持股 ...

国泰海通证券股份有限公司 关于苏州敏芯微电子技术股份有限公司股东 一、本次询价转让的委托 国泰海通收到出让方关于本次询价转让的委托，委托国泰海通组织实施本次 询价转让。 向特定机构投资者询价转让股份 相关资格的核查意见 中国（上海）自由贸易试验区商城路 618 号 1 国泰海通证券股份有限公司（以下简称"国泰海通"）受苏州敏芯微电子技 术股份有限公司（以下简称"敏芯股份"）股东苏州昶众企业管理咨询中心（有 限合伙）、苏州昶恒企业管理咨询企业（有限合伙）（以下合称"出让方"）委 托，组织实施本次敏芯股份首发前股东向特定机构投资者询价转让（以下简称"本 次询价转让"）。 根据《关于在上海证券交易所设立科创板并试点注册制的实施意见》《科创 板上市公司持续监管办法（试行）》《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》《上海证券交易所科创板上市公司自律监管指引第 4 号——询价 转让和配售（2025 年 3 月修订）》（以下简称"《询价转让和配售指引》"） 等相关规定，国泰海通对参与本次询价转让股东的相关资格进行核查，并出具本 核查意见。 二、关于参与本次询价转让股东相关资格的核查情况 （一）核查过 ...

证券代码：688286 证券简称：敏芯股份 苏州敏芯微电子技术股份有限公司 2025 年第二次临时股东大会 会议资料 二〇二五年九月 - 1 - 2025 年第二次临时股东大会会议资料 | 2025 | 年第二次临时股东大会会议须知 3 | | --- | --- | | 2025 | 年第二次临时股东大会会议议程 5 | | 2025 | 年第二次临时股东大会会议议案 7 | | | 议案一：《关于变更会计师事务所的议案》 7 | | | 议案二：《关于补选公司第四届董事会非独立董事的议案》 8 | | | 记的议案》 10 | | | 议案四：《关于制定、修订公司部分治理制度的议案》 13 | 2025 年第二次临时股东大会会议资料 2025 年第二次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证 大会的顺利进行，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司股东会规则》以及《苏州敏芯微电子技术股份有限公司章程》《苏州敏芯 微电子技术股份有限公司股东大会议事规则》等相关规定，苏州敏芯微电子技术 股份有限公司（以下简称"公司"）特制定本次股东大会会 ...

Core Viewpoint - Sensirion Co., Ltd. (688286) has achieved profitability in the first half of 2025, with revenue from pressure product lines surpassing that of sensors, while also expanding into the humanoid robot sensor field [1][2]. Financial Performance - In the first half of this year, the company reported a net profit attributable to shareholders of 25.19 million yuan, marking a significant turnaround from losses [1]. - The overall gross profit margin for products increased to 31.64%, up by 10.21 percentage points year-on-year [1]. - The second quarter saw the company leading in profit growth within the analog chip sector [1]. Product Development and Market Position - The growth in performance is primarily attributed to the widespread application of MEMS acoustic sensors in consumer electronics and automotive electronics, as well as the ongoing expansion of MEMS pressure sensors in electronic cigarettes, medical devices, and industrial control markets [1]. - The high-margin pressure product line has now surpassed the acoustic product line, becoming the largest contributor to the company's revenue [1]. - The revenue share from inertial sensor products is also rapidly increasing, contributing to the overall improvement in product gross margins [1]. Strategic Initiatives - The company has entered multiple brand selections for waterproof barometer products and is promoting these devices for mobile phone applications, aiming to expand from smartwatches to mobile downstream applications [2]. - The company’s inertial product shipments are gradually increasing, with the market remaining competitive, primarily focused on consumer products [2]. - The company’s subsidiary, Zhonghong Weiyu, has seen significant revenue growth in its IMU (Inertial Measurement Unit) products and is developing future applications for automotive, robotics, and agricultural machinery [2]. Research and Development Focus - The company is actively laying out plans in the humanoid robot sensor field, initiating research projects for six-dimensional force sensors, IMUs for robots, and glove-type pressure and temperature sensors [2]. - With the introduction of new AI models, there is a growing demand for high signal-to-noise ratio digital microphones, prompting the company to develop low-power digital microphones for applications in AI assistants, AI phones, and AI glasses [3]. - The company aims to diversify its pressure products from wearable devices to mobile applications, expanding its market share among well-known brands and focusing on mobile altimeter applications [3].

Investment Rating - The report upgrades the investment rating of the company from "Hold" to "Buy" [12][19]. Core Views - The company has significantly improved its profitability in the first half of 2025, with revenue reaching 304 million yuan, a year-on-year increase of 47.82%, and a net profit of 25 million yuan, up 171.65% year-on-year [3][12]. - The company is establishing itself as a MEMS platform enterprise, with strong growth in pressure and inertial products, while also expanding into new application areas such as AI glasses and humanoid robots [12][11]. Summary by Sections Financial Performance - In 2025H1, the company achieved a gross margin of 31.64%, an increase of 10.21 percentage points year-on-year. The second quarter saw revenue of 169 million yuan, a year-on-year increase of 43.89% and a quarter-on-quarter growth of 25.24% [3][12]. - The company forecasts revenues of 722 million, 982 million, and 1.32 billion yuan for 2025, 2026, and 2027 respectively, with net profits expected to be 57 million, 97 million, and 153 million yuan for the same years [12][13]. Product Lines - The MEMS pressure product line generated revenue of 133 million yuan, a year-on-year increase of 67.05%, accounting for 43.83% of total revenue. The company is expanding its market share through collaborations with well-known brands and is entering new product selections with multiple brands [4][12]. - The inertial sensor product line saw sales revenue of 19.76 million yuan, a significant increase of 98.82% year-on-year, indicating strong growth potential [5][12]. Market Opportunities - The company is positioned as the exclusive microphone supplier for the AI+AR glasses, Rokid Glasses, which has gained significant attention in the market. This partnership is expected to provide new growth opportunities as the demand for AI/AR glasses increases [6][10]. - The company is actively developing sensors for humanoid robots, including six-dimensional force/torque sensors and pressure/temperature sensors, which are crucial for advanced robotic applications [11][12].