关于芯联集成电路制造股份有限公司 增加 2025 年度日常关联交易预计的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为芯联 集成电路制造股份有限公司（以下简称"芯联集成"或"公司"）首次公开发行股票 并在科创板上市及持续督导的保荐机构，根据《证券发行上市保荐业务管理办法》 《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》等相关法律、法规和规范性文件的规定，对芯联 集成增加 2025 年度日常关联交易预计的事项进行了核查，具体情况如下： 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 2025 年 10 月 24 日，公司召开第二届董事会独立董事专门会议第四次会议， 审议了《关于新增 2025 年度日常关联交易预计的议案》，全体独立董事一致同 意本次关联交易事项，并同意将该议案提交至董事会审议。 2025 年 10 月 24 日，公司召开第二届董事会审计委员会第七次会议审议通 过了《关于新增 2025 年度日常关联交易预计的议案》，表决结果：3 票同意，0 票反对，0 票弃权。 2025 年 10 月 24 日，公 ...

国泰海通证券股份有限公司 关于芯联集成电路制造股份有限公司 使用部分闲置募集资金进行现金管理的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为芯联 集成电路制造股份有限公司（以下简称"芯联集成"或"公司"）首次公开发行股票 并在科创板上市及持续督导的保荐机构，根据《证券发行上市保荐业务管理办法》 《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》 《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》以及《上 市公司募集资金监管规则》等有关规定，对芯联集成使用首次公开发行股票并在 科创板上市的部分暂时闲置募集资金进行现金管理事项进行了核查，具体情况如 下： 一、募集资金基本情况 根据中国证券监督管理委员会于2023年3月13日出具的《关于同意绍兴中芯 集成电路制造股份有限公司首次公开发行股票注册的批复》（证监许可〔2023〕 548号），并经上海证券交易所同意，公司首次公开发行人民币普通股169,200.00 万股，每股面值为人民币1元，发行价格为每股人民币5.69元，募集资金总额为 人民币962,748.00万元（行使超额配售选择权之前），扣除 ...

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： | 投资标的名称 | | | 芯联先锋集成电路制造（绍兴）有限公司 | | --- | --- | --- | --- | | 投资金额（万元） | 180,000 | | | | 投资进展情况 | 完成 | 终止 | 交易要素变更 | | 特别风险提示（如有） | 无 | | | 一、基本情况 证券代码：688469 证券简称：芯联集成 公告编号：2025-059 芯联集成电路制造股份有限公司 关于公司申请新型政策性金融工具及向控股子公司增 资的进展公告 芯联集成电路制造股份有限公司董事会 司关于拟申请新型政策性金融工具事项及全资子公司为公司担保的公告》（公告 编号：2025-053）和《芯联集成电路制造股份有限公司关于公司向控股子公司增 资的公告》（公告编号：2025-054）。 公司本次增资的资金来源为新型政策性金融工具，政策性金融工具资金期限 长、利率低，能有效降低公司的整体资金成本，减轻公司融资负担，符合国家金 融重点支持政策。 本次增资巩固了上市 ...

证券代码：688469 证券简称：芯联集成 公告编号：2025-056 芯联集成电路制造股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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、准确性和完整性依法承担法律责任。 芯联集成电路制造股份有限公司（以下简称"公司"）于 2025 年 10 月 24 日召开第二届董事会第十次会议，审议通过了《关于使用部分闲置募集资金进行 现金管理的议案》，同意公司在保证不影响募集资金投资项目实施、确保募集资 金安全的前提下，使用最高不超过人民币 6.83 亿元（含本数）的暂时闲置募集 资金进行现金管理，用于购买安全性高、流动性好的保本型投资产品（包括但不 限于结构性存款、协定存款、定期存款、可转让大额存单、通知存款、收益权凭 证等）。在上述额度范围内，资金可以循环滚动使用，使用期限自董事会审议通 过之日起 12 个月内有效。在授权额度范围内，董事会授权公司总经理在上述额 度范围内行使投资决策权并签署相关合同文件，具体事项由公司财务部负责组织 实施。保荐机构国泰海通证券股份有限公司（以下简称"保荐机构"）发表了明 确 ...

证券代码：688469 证券简称：芯联集成 公告编号：2025-057 芯联集成电路制造股份有限公司 关于增加 2025 年度日常关联交易预计的公告 本公司董事会及全体董事保证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。 2025 年 10 月 24 日，公司召开第二届董事会第十次会议审议通过了《关于 新增 2025 年度日常关联交易预计的议案》，表决结果：9 票同意，0 票反对，0 票弃权。 本次新增日常关联交易金额预计事项无需提交公司股东大会审议。 （二）本次日常关联交易预计金额和类别 重要内容提示： 芯联集成电路制造股份有限公司（以下简称"公司"）本次日常关联交 易是公司及子公司正常生产经营所必需，定价公允、结算时间与方式合理，不损 害公司及中小股东的利益。公司选择的合作关联方均具备良好商业信誉和财务状 况，有利于公司正常业务的持续开展，公司主要业务不会因此形成对关联方的依 赖，不影响公司的独立性。 本次日常关联交易预计事项无需提交股东大会审议。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 2025 年 10 月 24 日，公 ...

证券代码：688469 证券简称：芯联集成 公告编号：2025-058 芯联集成电路制造股份有限公司 第二届监事会第八次会议决议公告 本公司监事会及全体监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。 监事会认为：公司 2025 年第三季度报告的编制和审核程序符合法律、 行政法规、公司章程和公司内部管理制度的相关规定；公司 2025 年第三 季度报告的内容和格式符合法律、行政法规、中国证券监督管理委员会 和上海证券交易所的相关规定，该报告内容真实、准确、完整反映了公 司的实际情况。 综上，监事会同意公司编制的 2025 年第三季度报告。 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn） 披露的《芯联集成电路制造股份有限公司 2025 年第三季度报告》 表决结果：5 票赞成，0 票反对，0 票弃权。 2、审议通过《关于使用部分闲置募集资金进行现金管理的议案》 监事会认为，公司在确保不影响募集资金投资项目正常进行的前提 下，对部分暂时闲置募集资金进行现金管理，有利于提高募集资金的使 用效率，增加资金收益，使公司和股东利益 ...

Financial Performance - Q3 2025 revenue reached ¥1,926,756,627.44, an increase of 15.52% year-over-year, while year-to-date revenue was ¥5,421,954,397.61, up 19.23% compared to the same period last year[2] - Total profit for the quarter was -¥639,759,662.36, and year-to-date profit was -¥1,576,488,174.69, indicating significant losses[2] - The gross margin for Q3 was 4.75%, a decrease of 1.41 percentage points year-over-year, while the net margin was -33.20%, down 1.95 percentage points[3] - The company reported an EBITDA of ¥380,509,155.21 for Q3, a decrease of 29.07% year-over-year, and year-to-date EBITDA was ¥1,481,991,331.97, down 10.71%[2] - The net profit attributable to shareholders was -¥292,707,251.85 for Q3, with a year-to-date figure of -¥463,047,626.63[2] - The weighted average return on equity was -2.37% for Q3, with a year-to-date return of -3.78%[3] - The company experienced a 32.32% reduction in net loss year-to-date, attributed to increased sales and ongoing cost control measures[6] - Net loss attributable to shareholders of the parent company was ¥463,047,626.63, an improvement from a loss of ¥684,175,637.03 in the previous year[19] - Operating profit for the first three quarters was a loss of ¥1,577,423,042.18, slightly better than the loss of ¥1,649,464,570.68 in the same period last year[18] - The company reported a total comprehensive loss of ¥1,576,488,174.69 for the period, compared to a loss of ¥1,648,196,230.22 in the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥32,169,333,562.55, a decrease of 5.95% from the end of the previous year[3] - The company's total assets as of September 30, 2025, amounted to RMB 32.17 billion, a decrease from RMB 34.20 billion as of December 31, 2024[14] - Current assets decreased to RMB 8.40 billion from RMB 10.86 billion year-over-year[14] - Total liabilities decreased to ¥13,586,785,459.69 from ¥14,255,904,411.99, showing a reduction in financial obligations[16] - Total equity attributable to shareholders of the parent company increased to ¥13,215,262,816.32 from ¥12,321,013,873.28, reflecting a growth of 7.3%[16] Cash Flow - Cash flow from operating activities increased to ¥5,752,436,611.79, compared to ¥4,248,238,001.10 in the first three quarters of 2024, reflecting a growth of 35.4%[22] - The net cash inflow from operating activities was CNY 772,315,596.72, a decrease of 24.3% compared to CNY 1,019,878,641.46 in the previous period[23] - Total cash inflow from investment activities amounted to CNY 8,946,004,493.87, significantly higher than CNY 1,469,849,270.58 in the prior period[23] - The net cash outflow from investment activities was CNY -3,732,979,347.15, compared to CNY -3,281,912,030.11 previously, indicating increased investment expenditures[23] - Cash inflow from financing activities totaled CNY 4,415,839,960.83, down from CNY 12,473,821,865.18 in the last period[24] - The net cash outflow from financing activities was CNY -88,860,261.60, contrasting with a net inflow of CNY 3,104,574,219.65 previously[24] - The ending balance of cash and cash equivalents was CNY 2,108,592,096.95, a decrease from CNY 4,729,088,028.26 at the end of the previous period[24] Research and Development - Research and development expenses totaled ¥524,782,122.54 for the quarter, accounting for 27.24% of revenue, a decrease of 1.70 percentage points from the previous year[3] - Research and development expenses rose to ¥1,489,022,920.19, up from ¥1,352,021,798.87, indicating a focus on innovation and technology[18] Shareholder Information - The top shareholder, Shaoxing Yuecheng Integrated Circuit Industry Fund, holds 1,152,000,000 shares, representing 13.74% of total shares[7] - The company expects full-year revenue to reach between RMB 8 billion and RMB 8.3 billion, representing a year-over-year growth of 23% to 28%[10] - The company's net profit attributable to shareholders is projected to continue reducing losses compared to the previous year[10] Operational Insights - The company is deepening cooperation with clients to enhance product range and flexibility, aiming to increase customer stickiness[10] - The company reported an increase in accounts receivable to RMB 1.42 billion from RMB 1.35 billion year-over-year[14] - The company’s inventory increased to RMB 2.44 billion from RMB 2.18 billion year-over-year[14] - Total operating revenue for the first three quarters of 2025 reached ¥5,421,954,397.61, an increase of 19.2% compared to ¥4,547,418,766.97 in the same period of 2024[18] - Total operating costs increased to ¥7,098,091,851.53, up 12.5% from ¥6,309,094,941.16 year-over-year[18] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[25] - The company's credit rating has been assessed as AAA with a stable outlook, valid until July 30, 2026[11] - Cash and cash equivalents decreased to RMB 2.11 billion from RMB 5.19 billion year-over-year[14] - Cash paid to employees increased to CNY 1,332,410,619.78 from CNY 1,018,980,455.40, reflecting a rise of 30.7%[23] - Cash outflow for purchasing goods and services was CNY 3,549,020,395.13, up from CNY 2,684,948,570.06, indicating a 32.2% increase[23] - The company received CNY 272,404,604.68 in tax refunds, compared to CNY 589,073,982.88 in the previous period[23]

Core Points - The company reported third-quarter revenue of 1.927 billion yuan, representing a year-on-year increase of 15.52% [1] - The company incurred a net loss of 293 million yuan in the third quarter [1] - For the first three quarters, the company achieved revenue of 5.422 billion yuan, reflecting a year-on-year growth of 19.23% [1] - The net loss for the first three quarters amounted to 463 million yuan [1]

Core Viewpoint - ChipLink Integrated (芯联集成) plans to increase capital by 1.8 billion yuan to its subsidiary ChipLink Pioneer (芯联先锋) to support the ongoing implementation of the "Phase III 12-inch integrated circuit analog mixed-signal chip manufacturing project" [2][5] Group 1: Capital Increase and Financial Tools - The capital increase will ensure that ChipLink Integrated maintains a controlling stake of at least 50.85% in ChipLink Pioneer after the investment [2] - The company intends to apply for a policy financial tool from the National Development Bank, not exceeding 1.8 billion yuan, with a term of 5 years [5] - The funds from the new policy financial tool will be injected as equity capital into ChipLink Pioneer for the aforementioned project, with ChipLink Yuezhou (芯联越州) providing joint liability guarantees [5] Group 2: Strategic Importance and Market Outlook - ChipLink Integrated and its subsidiary are recognized as national high-tech enterprises, and the chips produced will support various strategic emerging industries such as artificial intelligence, the Internet of Things, and new energy vehicles [10] - The capital increase aligns with the company's strategic development plan and market outlook for power module applications, leveraging the new policy financial tool to reduce overall financing costs [10] - The company reported a revenue of 3.495 billion yuan for the first half of 2025, a year-on-year increase of 21.38%, and a net profit attributable to shareholders of -170 million yuan, a year-on-year increase of 63.82% [11]

Group 1 - The company plans to apply for a new policy financial tool from the National Development Bank, with a maximum amount of RMB 1.8 billion [2][3] - The company's wholly-owned subsidiary, Xilinx Yuezhou, will provide a joint liability guarantee for this financial tool [2][3] - The application for the financial tool does not require approval from the company's shareholders' meeting [2][4] Group 2 - The financial tool will be used to inject equity capital into Xilinx Pioneer for the ongoing implementation of the "Phase III 12-inch integrated circuit analog mixed chip manufacturing project" [3][4] - The project aligns with national policies supporting strategic emerging industries such as artificial intelligence, IoT, and new energy vehicles [2][3] Group 3 - The company intends to increase capital by RMB 1.8 billion into its subsidiary Xilinx Pioneer, which will enhance the project's sustainability [7][18] - After the capital increase, Xilinx Pioneer's registered capital will not be less than RMB 1,329,244.16 million, and the company will maintain at least a 50.85% stake [7][18] Group 4 - The funding source for the capital increase will be the new policy financial tool, which offers long-term funding at low interest rates, effectively reducing the company's overall financing costs [18] - This capital increase is expected to strengthen the company's control over its subsidiary and support long-term development strategies [18][19] Group 5 - The company will hold a performance briefing on October 28, 2025, to discuss its third-quarter results and engage with investors [22][23] - The meeting will be conducted online, allowing investors to submit questions in advance [23][26]