Group 1 - The core viewpoint of the article is that the testing prices of the company, 伟测科技 (688372.SH), are currently stable [1] Group 2 - The company has communicated this information through its investor interaction platform [1]

Group 1 - The core viewpoint of the article is that Weicetech (688372.SH) has achieved production in its Wuxi Phase III and Nanjing Phase I facilities, indicating a strong operational status [1] - The current production capacity is estimated to be at a saturation point based on existing equipment [1] - The company plans to enhance production capacity in the future according to market demand and the progress of equipment procurement [1]

Core Viewpoint - The company announced that its stock price has remained above 130% of the conversion price of its convertible bonds for 10 trading days, indicating a potential trigger for conditional redemption of the bonds [2] Summary by Sections - **Stock Performance** - The company's stock price has been above 81.48 CNY per share, which is 130% of the current conversion price of the "Weicai Convertible Bonds" for 10 trading days [2] - **Redemption Conditions** - If the stock price remains above the conversion price for 5 out of the next 15 trading days, the company may trigger the conditional redemption clause as outlined in the bond issuance prospectus [2] - **Redemption Rights** - The company has the right to decide whether to redeem all or part of the unconverted "Weicai Convertible Bonds" at face value plus accrued interest [2]

| 证券代码：688372 | 证券简称：伟测科技 | 公告编号：2025-092 | | --- | --- | --- | | 转债代码：118055 | 转债简称：伟测转债 | | 上海伟测半导体科技股份有限公司 关于"伟测转债"预计满足赎回条件的提示性公告 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。 重要内容提示： 上海伟测半导体科技股份有限公司（以下简称"公司"）股票自 2025 年 10 月 15 日至 2025 年 11 月 4 日期间，已有 10 个交易日的收盘价格不低于"伟 测转债"当期转股价格的 130%（即 81.48 元/股），若未来连续 15 个交易日内， 仍有 5 个交易日公司股票的收盘价格不低于当期转股价的 130%（含 130%），将 触发《上海伟测半导体科技股份有限公司向不特定对象发行可转换公司债券募集 说明书》（以下简称"《募集说明书》"）中规定的有条件赎回条款。届时，公 司有权决定是否按照债券面值加当期应计利息的价格赎回全部或部分未转股的 "伟测转债"。 根据《上海证券交易所上市公 ...

Core Points - The company has completed the registration of the first vesting period for the reserved portion of the 2024 restricted stock incentive plan, leading to an adjustment in the conversion price of the "Weicai Convertible Bonds" [2][6] - The conversion price has been adjusted from 62.68 CNY/share to 62.65 CNY/share, effective from November 5, 2025 [2][6] - The total share capital of the company has increased from 148,944,192 shares to 149,053,640 shares due to the issuance of 109,448 shares at a price of 21.99 CNY/share [2][6] Conversion Price Adjustment Basis - The adjustment of the conversion price is based on the completion of the registration of the first vesting period of the restricted stock incentive plan [3][4] - The adjustment follows the regulations set by the China Securities Regulatory Commission regarding convertible bonds [3] Conversion Price Adjustment Method - The conversion price adjustment formula is provided, which includes factors such as stock dividends, capital increases, and cash dividends [4][5] - The adjusted conversion price is calculated using the formula: P1 = (P0 + A × k) / (1 + k) [6] Upcoming Investor Meeting - The company will hold a third-quarter performance briefing on November 11, 2025, from 13:00 to 14:00 [10][12] - The meeting will be conducted online via the Shanghai Stock Exchange Roadshow Center, allowing for interactive communication with investors [11][12] - Investors can submit questions in advance through the designated channels [11][12]

Core Insights - The company reported strong performance in the first three quarters of 2025, with revenue reaching 1.083 billion yuan, a year-on-year increase of 46.22%, and net profit attributable to shareholders of 202 million yuan, up 226% [1] - The revenue from computing power-related products increased from 9% in the first half of the year to approximately 13.5% in the first three quarters, indicating a significant growth in this segment [2] - The company is focusing on high-end wafer and product testing, particularly in the fields of industrial-grade, automotive-grade, and high-computing power products, which is expected to benefit from the domestic computing power development [2] Financial Performance - In Q3 2025, the company achieved revenue of 448 million yuan, a quarter-on-quarter increase of 28%, and net profit of 101 million yuan, up 35% quarter-on-quarter [1] - The comprehensive gross margin improved from 35.99% in Q2 to 44.59% in Q3, driven by the growth of high-margin high-end businesses [1] - The company’s capital expenditure in the first three quarters reached approximately 1.8 billion yuan, exceeding initial plans due to strong customer demand, particularly in computing power and automotive electronics [2] Future Outlook - The company is projected to achieve revenues of 1.57 billion yuan, 2.12 billion yuan, and 2.72 billion yuan in 2025, 2026, and 2027 respectively, with net profits of 300 million yuan, 410 million yuan, and 560 million yuan [3]

Investment Rating - The investment rating for the company is "Buy" and is maintained [1] Core Insights - The company's performance exceeded expectations, with a revenue of 1.083 billion yuan in the first three quarters of 2025, representing a year-on-year increase of 46.22%. The net profit attributable to shareholders was 202 million yuan, up 226% year-on-year [4] - The revenue from computing power-related products increased from 9% in the first half of the year to 13.5% in the first three quarters, indicating a growing focus on high-margin high-end business [4][5] - The company has significantly increased its capital expenditure to approximately 1.8 billion yuan in the first three quarters, driven by strong customer demand, particularly in computing power and automotive electronics [5] Summary by Sections Company Overview - Latest closing price: 103.00 yuan - Total shares: 1.49 billion, with a total market capitalization of 15.3 billion yuan [3] Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 1.083 billion yuan and a net profit of 202 million yuan, with a significant increase in gross margin from 35.99% to 44.59% in the third quarter [4] - The company is projected to achieve revenues of 1.572 billion yuan, 2.120 billion yuan, and 2.716 billion yuan for the years 2025, 2026, and 2027 respectively, with net profits of 300 million yuan, 406 million yuan, and 556 million yuan [6][9] Growth Strategy - The company is focusing on high-end wafer and product testing, actively expanding into industrial-grade, automotive-grade, and high-computing power product testing [5] - The strategy includes enhancing testing capabilities for complex computing power chips, which are highly customized and require significant investment in testing infrastructure [5]

| 股票简称: 伟测科技 | 股票代码: 688372. SH | | --- | --- | | 债券简称: | 债券代码: 118055. SH | 上海伟测半导体科技股份有限公司 向不特定对象发行可转换公司债券 第五次临时受托管理事务报告 平安证券作为伟测科技向不特定对象发行可转换公司债券（债券简称："伟 测转债"，债券代码：118055.SH，以下简称"本次债券"）的保荐机构、主承销 商及受托管理人，持续密切关注对债券持有人权益有重大影响的事项。根据《公 司债券发行与交易管理办法》《公司债券受托管理人执业行为准则》等相关规定、 本次债券的《受托管理协议》的约定以及发行人于 2025 年 11 月 4 日披露的 《上海伟测半导体科技股份有限公司关于本次限制性股票归属登记完成后调整 可转债转股价格暨转股停复牌的公告》（公告编号：2025-090），现就本次债券 重大事项报告如下： 本安证券 PING AN SECURITIES 二〇二五年十一月 !"#$ (2025 年度) 本报告依据《公司债券发行与交易管理办法》《上海伟测半导体科技股份有 限公司向不特定对象发行可转换公司债券受托管理协议》（以下简称《受 ...

| 证券代码：688372 | 证券简称：伟测科技 | 公告编号：2025-091 | | --- | --- | --- | | 转债代码：118055 | 转债简称：伟测转债 | | 上海伟测半导体科技股份有限公司 会议召开时间：2025 年 11 月 11 日（星期二）13:00-14:00 会议召开地点：上证路演中心（网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 二、 说明会召开的时间、地点 1、会议召开时间：2025 年 11 月 11 日（星期二）13:00-14:00 2、会议召开地点：上证路演中心 关于召开 2025 年第三季度业绩说明会的公告 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、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2025 年 11 月 4 日（星期二）至 11 月 10 日（星期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司投资者关系 邮箱 ir@v-test.com.cn 进行提问。公司将在业绩说明会上对投资者普遍关 ...

| 证券简称：伟测科技 | 公告编号：2025-090 | | --- | --- | | 转债简称：伟测转债 | | | 证券代码：688372 转债代码：118055 | | 上海伟测半导体科技股份有限公司 关于本次限制性股票归属登记完成后调整可转债转股 价格暨转股停复牌的公告 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、准确性和完整性承担法律责任。 重要内容提示： 证券停复牌情况：适用 因上海伟测半导体科技股份有限公司（以下简称"公司"）2024 年限制性股票激励 计划预留部分第一个归属期归属完成登记增发新股，引发"伟测转债"转股价格 调整,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 118055 | 伟测转债 | 可转债转股停 | 2025/11/4 | 全天 | 2025/11/4 | 2025/11/5 | | | | 牌 ...