从芯联集成十大流通股东角度 数据显示，易方达基金旗下1只基金位居芯联集成十大流通股东。易方达上证科创板50ETF（588080） 三季度减持2321.42万股，持有股数1.82亿股，占流通股的比例为4.1%。根据测算，今日浮亏损失约 6905.14万元。连续3天下跌期间浮亏损失1.33亿元。 易方达上证科创板50ETF（588080）成立日期2020年9月28日，最新规模705.97亿。今年以来收益 12.29%，同类排名593/5580；近一年收益58.82%，同类排名823/4286；成立以来收益8.87%。 2月2日，芯联集成跌5.01%，截至发稿，报7.21元/股，成交12.60亿元，换手率3.86%，总市值604.39亿 元。芯联集成股价已经连续3天下跌，区间累计跌幅8.77%。 资料显示，芯联集成电路制造股份有限公司位于浙江省绍兴市越城区皋埠街道临江路518号，成立日期 2018年3月9日，上市日期2023年5月10日，公司主营业务涉及MEMS和功率器件等领域的晶圆代工及模 组封测业务,为客户提供一站式系统代工解决方案。主营业务收入构成为：集成电路晶圆制造代工 85.96%，模组封装9.24%，其 ...

当前，全球功率半导体市场正处在技术迭代与格局重构的关键阶段，新能源汽车的持续渗透带动车规级功率器件需求出现激增。日前，盖世汽车正式 发布2025年1-11月功率器件装机量市场排行榜，芯联集成凭借强劲的市场表现跻身榜单前三甲。 目前，芯联集成的技术产品可覆盖超过70%的汽车芯片种类，车规产品已应用于中国90%的新能源车企。未来，芯联集成将持续深耕功率半导体领 域，聚焦技术创新，进一步拓展全球市场份额，为汽车产业电动化、智能化转型，以及国产半导体产业升级贡献核心力量。 作为支撑汽车电动化、智能化转型的核心元器件，功率器件的装机量排名直接反映出企业在下游整车市场的认可度，以及供应链整合能力。本次榜单 基于国内新能源乘用车终端销量统计，覆盖国内主流乘用车品牌及新能源车型。芯联集成此次跻身前三，意味着公司的技术与产品已实现对多家头部车企 的稳定配套，在车规级功率器件赛道完成规模化突破。 ...

1月27日，芯联集成涨5.78%，截至发稿，报8.05元/股，成交17.57亿元，换手率5.10%，总市值674.81亿 元。 资料显示，芯联集成电路制造股份有限公司位于浙江省绍兴市越城区皋埠街道临江路518号，成立日期 2018年3月9日，上市日期2023年5月10日，公司主营业务涉及MEMS和功率器件等领域的晶圆代工及模 组封测业务,为客户提供一站式系统代工解决方案。主营业务收入构成为：集成电路晶圆制造代工 85.96%，模组封装9.24%，其他(补充)3.58%，研发服务1.21%。 从芯联集成十大流通股东角度 数据显示，易方达基金旗下1只基金位居芯联集成十大流通股东。易方达上证科创板50ETF（588080） 三季度减持2321.42万股，持有股数1.82亿股，占流通股的比例为4.1%。根据测算，今日浮盈赚取约 7995.43万元。 易方达上证科创板50ETF（588080）成立日期2020年9月28日，最新规模705.97亿。今年以来收益 14.01%，同类排名537/5548；近一年收益57.99%，同类排名817/4285；成立以来收益10.54%。 易方达上证科创板50ETF（588080）基 ...

1月27日，芯联集成涨5.78%，截至发稿，报8.05元/股，成交17.57亿元，换手率5.10%，总市值674.81亿 元。 资料显示，芯联集成电路制造股份有限公司位于浙江省绍兴市越城区皋埠街道临江路518号，成立日期 2018年3月9日，上市日期2023年5月10日，公司主营业务涉及MEMS和功率器件等领域的晶圆代工及模 组封测业务,为客户提供一站式系统代工解决方案。主营业务收入构成为：集成电路晶圆制造代工 85.96%，模组封装9.24%，其他(补充)3.58%，研发服务1.21%。 从芯联集成十大流通股东角度 数据显示，华夏基金旗下1只基金位居芯联集成十大流通股东。华夏上证科创板50成份ETF（588000） 三季度减持8830.06万股，持有股数1.78亿股，占流通股的比例为4.01%。根据测算，今日浮盈赚取约 7811.5万元。 华夏上证科创板50成份ETF（588000）成立日期2020年9月28日，最新规模760.22亿。今年以来收益 14%，同类排名538/5548；近一年收益56.83%，同类排名878/4285；成立以来收益12.06%。 华夏上证科创板50成份ETF（588000）基金 ...

1月22日公司发布2025年业绩预告，预计实现净利润-5.77亿元，同比同比增长40.02%。（数据宝） 两融数据显示，该股最新（1月23日）两融余额为13.11亿元，其中，融资余额为12.98亿元，近10日增加 2148.41万元，环比增长1.68%。 公司发布的三季报数据显示，前三季度公司共实现营业收入54.22亿元，同比增长19.23%，实现净利 润-4.63亿元，同比增长32.32%，基本每股收益为-0.0700元。 芯联集成-U股价创出历史新高，截至9:32，该股上涨8.51%，股价报7.78元，成交量3987.13万股，成交 金额3.04亿元，换手率0.90%，该股最新A股总市值达652.17亿元，该股A股流通市值344.64亿元。 证券时报·数据宝统计显示，芯联集成-U所属的电子行业，目前整体涨幅为0.21%，行业内，目前股价上 涨的有212只，涨幅居前的有芯原股份、富满微、康希通信等，涨幅分别为9.68%、9.48%、8.64%。股 价下跌的有270只，跌幅居前的有至纯科技、珂玛科技、信维通信等，跌幅分别为9.96%、6.21%、 5.17%。 （文章来源：证券时报网） ...

Core Viewpoint - ChipLink Integration (688469.SH) is expected to improve its profitability, with projected revenue of approximately 8.19 billion yuan in 2025, representing a year-on-year growth of 25.83%, while reducing net losses significantly [2][5]. Financial Performance - The company anticipates a net loss of about 577 million yuan in 2025, a reduction of 40.02% compared to the previous year [5]. - The expected net loss excluding non-recurring items is approximately 1.094 billion yuan, reflecting a year-on-year decrease of 22.41% [5]. - The gross margin is projected to reach 5.92% in 2025, an increase of approximately 4.89 percentage points year-on-year [2][8]. Operational Efficiency - ChipLink Integration has achieved operational improvements through mergers and acquisitions, enhancing management efficiency and reducing period expense ratios [5][6]. - The company has focused on optimizing management in areas such as decision-making, internal management, and sales management [5][6]. Market Position and Demand - The company maintains a high capacity utilization rate driven by market demand, domestic substitution, and policy support [2][7]. - ChipLink Integration has made significant strides in four key application areas: automotive, industrial control, consumer electronics, and AI, with notable market share in MEMS sensors and laser radar [7][8]. Strategic Development - In 2025, ChipLink Integration completed an asset restructuring worth 5.897 billion yuan, acquiring 72.33% of ChipLink Yuezhou, which has enhanced its management and operational capabilities [3][6]. - The company is transitioning from a focus on scale expansion to deepening technology, aiming to improve profitability through efficiency gains and higher-value product offerings [9].

Core Viewpoint - The company is expected to continue its trend of annual net losses for the sixth consecutive year, with projections indicating a reduction in losses for 2025 compared to the previous year [2]. Financial Performance - The company anticipates achieving an operating revenue of approximately 8.19 billion yuan in 2025, representing an increase of about 1.68 billion yuan or 25.83% year-on-year [4]. - The projected net profit attributable to the parent company for 2025 is approximately -577 million yuan, which is a reduction in losses of about 385 million yuan or 40.02% compared to the previous year [4]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be around -1.09 billion yuan, reflecting a reduction in losses of approximately 316 million yuan or 22.41% year-on-year [4]. - In the previous year, the company reported an operating revenue of 6.51 billion yuan and a net profit attributable to the parent company of -962 million yuan [5]. Industry Trends - The global semiconductor industry is projected to experience growth driven by technological iterations, increased demand, and the expansion of new application scenarios in 2025 [6]. - The domestic semiconductor industry is advancing in technology levels, with a rapid progression in domestic substitution processes and a gradual increase in market share [6]. Growth Drivers - The company is maintaining high capacity utilization rates and is benefiting from market demand, domestic substitution, and policy support, leading to sustained growth in revenue and gross margin [6]. - The expected gross margin for the company is projected to reach 5.92%, an increase of approximately 4.89 percentage points year-on-year, driven by operational efficiency and product structure optimization [6]. Operational Efficiency - The company has achieved operational efficiency improvements through mergers and acquisitions, optimizing management and reducing expense ratios while maintaining significant R&D investments [7]. - The company’s business model, which provides a one-stop system foundry platform, is gradually realizing its effectiveness, contributing to revenue growth across various application fields [6][7]. Recent Financial Results - In the first three quarters of the previous year, the company reported an operating revenue of 5.42 billion yuan, a year-on-year increase of 19.23%, while the net profit attributable to the parent company improved from a loss of 684 million yuan to a loss of 463 million yuan [8]. - The third quarter of the previous year saw an operating revenue of 1.93 billion yuan, a year-on-year increase of 15.52%, but the net profit attributable to the parent company worsened from a loss of 213 million yuan to a loss of 293 million yuan [8].

人民财讯1月22日电，企查查APP显示，近日，上海具身智创创业投资合伙企业(有限合伙)发生工商变 更，新增芯联集成全资子公司芯联股权投资(杭州)有限公司等为合伙人。企查查信息显示，该企业成立 于2025年4月，出资额6.61亿元，经营范围包含：创业投资(限投资未上市企业)，现由上海张江科技创业 投资有限公司、上海上汽创远创业投资合伙企业(有限合伙)等及上述新增合伙人共同持股。 ...

Performance Forecast - The company expects to achieve an operating revenue of approximately 8.19 billion yuan for the year 2025, representing an increase of about 1.68 billion yuan or a year-on-year growth of approximately 25.83% [3] - The net profit attributable to the parent company is projected to be around -577 million yuan, which is a reduction in loss of about 385 million yuan compared to the previous year, reflecting a year-on-year decrease in loss of approximately 40.02% [3] - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be around -1.09 billion yuan, indicating a reduction in loss of about 316 million yuan year-on-year, or a decrease in loss of approximately 22.41% [3] Previous Year Performance - In the previous year, the net profit attributable to the parent company after deducting non-recurring gains and losses was -1.41 billion yuan [5] Reasons for Performance Changes - The global semiconductor industry is experiencing a trend of collaborative development across multiple fields driven by technological iteration, increased demand, and expanded application scenarios. The domestic semiconductor industry is improving its technological level and accelerating the process of domestic substitution, leading to a gradual increase in market share [6] Revenue and Profitability Growth - The company maintains a high capacity utilization rate driven by market demand, domestic substitution, and policy support. Through technological innovation, customer expansion, and deepened cooperation, the company has achieved rapid revenue growth across four application areas, establishing a diversified growth pattern [7] - The company's gross profit margin is expected to reach 5.92%, an increase of approximately 4.89 percentage points year-on-year, reflecting continuous growth due to optimized product structure and economies of scale [7] Management Optimization - The company has achieved deep collaboration in operational decision-making and internal management through mergers and acquisitions, leading to improved management efficiency and reduced expense ratios while maintaining significant R&D investment [8]

本报讯在全球半导体行业技术迭代与需求升级的双重浪潮下，芯联集成交出2025年业绩向好的亮眼答 卷。1月21日晚，芯联集成电路制造股份有限公司（以下简称"芯联集成"）发布2025年年度业绩预告， 全年营收实现显著增长，毛利率同比提升近5个百分点，盈利水平呈现稳步增长态势。公司预计2025年 实现营业收入约81.9亿元，同比增长约26%；归母净利润约-5.77亿元，与上年同期相比减亏约3.85亿 元。 目前，公司已构建起"AI应用领域持续渗透、车载领域领航增长、工控与高端消费领域稳健发力"的多元 增长格局。2025年，公司在保持相当规模研发投入的基础上，运营效率持续提升，核心竞争力与盈利能 力不断增强，为后续持续盈利奠定坚实基础。随着各项业务的持续发展与优化，芯联集成有望继续保持 高增长态势，进一步巩固自身行业领先地位。未来，公司将继续秉承创新精神和卓越业绩，努力引领行 业发展，为社会创造更大价值。 （文章来源：证券日报） 规模效应的显现与产品结构的优化，助力公司生产精细化运营水平不断提高，折旧摊销等固定成本也逐 步摊薄。继2024年毛利首次转正后，2025年芯联集成盈利能力进一步提升，全年毛利率预计达到约 6% ...