证券代码：688484 证券简称：南芯科技 公告编号：2024-046 上海南芯半导体科技股份有限公司 第一届监事会第十九次会议决议公告 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。 一、监事会会议召开情况 上海南芯半导体科技股份有限公司（以下简称"公司"）第一届监事会第十九 次会议（以下简称"本次会议"）于 2024 年 9 月 10 日以现场结合通讯方式召开， 本次会议通知于 9 月 3 日以电子邮件的方式发出。本次会议由监事会主席韩颖杰 先生召集和主持，会议应到监事 3 名、实际出席监事 3 名。本次会议的召集和召 开符合有关法律、行政法规、部门规章、规范性文件和《上海南芯半导体科技股 份有限公司章程》（以下简称"《公司章程》"）的规定，会议决议合法、有效。 二、监事会会议审议情况 与会监事对本次会议需审议的议案进行了充分讨论，审议通过了以下议案： 1、审议通过《关于 2023 年限制性股票激励计划首次授予部分第一类激励对 象第一个归属期归属条件成就的议案》 具体内容详见同日披露于上海证券交易所网站（www.sse ...

中信建投证券股份有限公司 关于上海南芯半导体科技股份有限公司 差异化分红事项的核查意见 中信建投证券股份有限公司（以下简称"保荐机构"、"中信建投证券"）作 为上海南芯半导体科技股份有限公司（以下简称"公司"或"南芯科技"）首次 公开发行股票并在科创板上市及进行持续督导的保荐机构，根据《上海证券交易 所科创板股票上市规则》《证券发行上市保荐业务管理办法》《上海证券交易所上 市公司自律监管指引第 7 号——回购股份》等有关法律法规和规范性文件的要求， 对南芯科技 2024 年半年度利润分配涉及的差异化分红事项进行了核查，并发表 核查意见如下： 一、本次实施差异化权益分派的原因 2024 年 2 月 22 日，上海南芯半导体科技股份有限公司召开第一届董事会第 二十一次会议，审议通过了《关于以集中竞价交易方式回购公司股份方案的议案》， 同意公司使用不低于人民币 5,000 万元（含）且不超过人民币 10,000 万元（含） 的自有资金，以集中竞价交易方式回购公司已发行的部分人民币普通股（A 股） 股票，回购价格不超过人民币 44 元/股（含），回购的股份将在未来合适时机全 部用于实施股权激励和员工持股计划。 截至本 ...

证券代码：688484 证券简称：南芯科技 公告编号：2024-044 上海南芯半导体科技股份有限公司 2024 年半年度权益分派实施公告 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。 重要内容提示： 每股现金红利 0.10 元 相关日期 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2024/9/11 | 2024/9/12 | 2024/9/12 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司 2024 年 8 月 26 日的 2024 年第一次临时股东大会审 议通过。 二、 分配方案 1. 发放年度：2024 年半年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的除上海南芯半导体 科技股份有限公司回购专用证券账户外的本公司全体股东。 是否涉及差异化分红送转：是 每股分配比例 3. 差异化分红送转方案： （1）差异化分红送转方案 2024 年 8 ...

Investment Rating - The report upgrades the investment rating for the company to "Buy" [1][3]. Core Insights - The company, Nanxin Technology (688484.SH), reported a significant revenue increase of 89.28% year-on-year, reaching 1.25 billion yuan in the first half of 2024, with a net profit of 205 million yuan, up 103.86% year-on-year [1]. - The semiconductor industry is showing signs of recovery, with the company's rapid growth in power management chips for smartphones contributing to its strong performance [1][2]. - The company is actively expanding its product offerings in automotive electronics, having entered multiple well-known automotive Tier 1 and OEM manufacturers [2]. Summary by Sections Financial Performance - In the first half of 2024, the company achieved a revenue of 1.25 billion yuan, a year-on-year increase of 89.28%, and a net profit of 205 million yuan, up 103.86% [1]. - The company’s sales, management, and R&D expenses increased by 63.20% year-on-year, with sales expenses rising by 23.50% due to business expansion [1]. Product Development - The company leads in wired charging chips for mobile devices, with a revenue contribution of approximately 76.05% from this segment [1]. - New products include a car USB charging chip and various automotive chips designed for power supply systems, which have entered the market successfully [2]. Future Projections - Revenue forecasts for 2024, 2025, and 2026 are 2.55 billion yuan, 3.15 billion yuan, and 3.95 billion yuan, respectively, with corresponding EPS of 1.09 yuan, 1.26 yuan, and 1.58 yuan [3]. - The company is expected to maintain a strong growth trajectory, with a projected revenue growth rate of 43.1% in 2024 [5].

关于以集中竞价交易方式回购公司股份的进展公告 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： | 回购方案首次披露日 | 2024/2/24 | | --- | --- | | 回购方案实施期限 | 待董事会审议通过后 12 个月 | | 预计回购金额 | 5,000 万元~10,000 万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 股 1,654,345 | | 累计已回购股数占总股本比例 | 0.3906% | | 累计已回购金额 | 元 50,006,987.84 | | 实际回购价格区间 | 28.92 元/股~35.00 元/股 | 一、 回购股份的基本情况 2024 年 2 月 22 日，上海南芯半导体科技股份有限公司（以下简称"公司"） 召开第一届董事会第二十一次会议，审议通过了《关于以集中竞价交易方式回购公 司股份方案的议案》，同意公司使用不低于人民币 5,000 万元（含） ...

证券代码：688484 证券简称：南芯科技 公告编号：2024-042 上海南芯半导体科技股份有限公司 关于参加 2024 年半年度科创板消费电子专场 集体业绩说明会的公告 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、准确性和完整性依法承担法律责任。 上海南芯半导体科技股份有限公司（以下简称"公司"）已于 2024 年 8 月 9 日发布公司 2024 年半年度报告，为便于广大投资者更全面深入地了解公司 2024 年半年度经营成果、财务状况、发展理念，公司参与了由上海证券交易所主办的 2024 年半年度科创板消费电子专场集体业绩说明会，此次活动将采用线上文字 互 动 方 式 举 行 ， 投 资 者 可 登 录 上 海 证 券 交 易 所 上 证 路 演 中 心 （http://roadshow.sseinfo.com/）参与线上互动交流。 一、说明会类型 本次业绩说明会以线上文字互动形式召开，公司将针对 2024 年半年度的经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 二、说明会召开 ...

Investment Rating - The investment rating for the company is "Buy" [2] Core Insights - The company has shown significant growth in revenue and net profit, with a 89.28% increase in revenue to 1.25 billion yuan and a 103.86% increase in net profit to 205 million yuan in the first half of 2024 compared to the same period last year [3] - The company is expanding its product matrix across various application scenarios, including consumer electronics, automotive electronics, and industrial sectors, while maintaining its competitive edge in the smartphone market [3] - The company has successfully entered multiple well-known automotive Tier 1 and OEM manufacturers with its automotive electronics products, and has launched wired and wireless charging solutions that cover a power range of 10W to 300W [3] - The earnings forecast has been adjusted upwards, with expected net profits for 2024, 2025, and 2026 projected at 386 million, 583 million, and 733 million yuan respectively, corresponding to price-to-earnings ratios of 29, 20, and 16 times based on the stock price as of August 27 [3] Summary by Sections Financial Performance - Revenue for 2023 is projected to be 1.78 billion yuan, with a growth rate of 36.87% [3] - Net profit for 2023 is expected to be 261 million yuan, with a growth rate of 6.16% [3] - The company has increased its R&D expenses by 46.47%, reflecting its commitment to expanding its operational scale and product development [3] Product Development - The company is actively diversifying its product offerings, including lithium battery protection chips and general-purpose chips for various applications such as power banks, smart wearables, and smart home devices [3] - The company is also focusing on industrial automation and AI sectors, indicating potential for future growth in high-voltage industrial power and AI applications [3] Market Position - The company has established itself as a leader in the global charge pump market, with a strong emphasis on platform-based advantages for customer engagement [3] - The company’s stock performance is expected to outperform the market, with a target price reflecting a significant upside potential [2][3]

Investment Rating - The report indicates a strong investment opportunity for Nanchip Technology, highlighting its leading market position and rapid growth in the semiconductor sector [1][5]. Core Viewpoints - Nanchip Technology has achieved a 24% market share in the global charge pump chip market, making it the leader in this segment [5][6]. - The company has demonstrated impressive revenue growth, with a CAGR of 101% from 2020 to 2023, and a revenue of 1.78 billion yuan in 2023, reflecting a year-on-year growth of 89.3% in the first half of 2024 [3][4]. - Nanchip's products are primarily focused on the consumer electronics sector, particularly in high-power charging solutions, which have seen significant demand due to the rise of fast charging technologies [4][5]. Company Overview - Nanchip Technology was founded in August 2015 and has quickly established itself as a competitive player in the semiconductor industry, particularly in the power management chip segment [1][2]. - The company has a strong technical team, with key personnel having experience at leading firms like Texas Instruments [2][3]. Product and Market Position - Nanchip's charge pump management chips are recognized for their high performance, with some models surpassing international competitors in key technical specifications [7][8]. - The company has successfully entered the supply chains of major smartphone brands such as Xiaomi, OPPO, and Honor, indicating strong market acceptance [3][4]. Financial Performance - The company has maintained a stable gross margin of around 41%-43% since 2021, with a net profit margin of 14.7% in 2023, which is among the highest in its peer group [24][25]. - Nanchip's revenue from automotive electronics is still in its early stages, contributing only 0.3 million yuan in 2023, but the company is investing in this area for future growth [15][16]. R&D and Innovation - Nanchip has a robust R&D investment strategy, with R&D expenses accounting for 14%-17% of revenue since 2022, focusing on high-performance charging management and battery management chips [15][16]. - The company is recognized as a national-level "specialized and innovative" enterprise, reflecting its commitment to technological advancement [13][14]. Supply Chain and Customer Relationships - Nanchip operates on a fabless model, relying on a limited number of suppliers for wafer manufacturing and packaging, with over 90% of procurement from its top five suppliers [17][18]. - The company has a high customer concentration, with its top five customers accounting for 74% of sales, indicating strong relationships and customer loyalty [19][20].

证券研究报告 | 公司动态点评 2024 年 08 月 22 日 南芯科技（688484.SH） 24 年 H1 业绩同比高增，有望受益 AI 手机带来新增长空间 | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------|-------|-------|-------|-------|-------|------------------------------------------|-----------| | 财务指标 | 2022A | 2023A | 2024E | 2025E | 2026E | 买入（维持评级） | | | 营业收入（百万元） | 1,301 | 1,780 | 2,421 | 3,225 | 4,196 | 股票信息 | | | 增长率 yoy （ % ） | 32.2 | 36.9 | 36.0 | 33.2 | 30.1 | | | | 归母净利润（百万元） | 246 | 261 | 397 | 554 | 709 | 行业 | 电子 | | ...

证券代码：688484 证券简称：南芯科技 公告编号：2024-041 上海南芯半导体科技股份有限公司 关于调整公司 2024 年半年度利润分配现金红利总额的公告 公司第一届董事会第二十四次会议、2024 年第一次临时股东大会审议通过 了《关于公司 2024 年半年度利润分配预案的议案》。本次利润分配方案如下： 公司拟以实施权益分派股权登记日登记的总股本扣除回购专户持有股份数 为基数，向全体股东每 10 股派发现金红利 1.00 元（含税）。截至 2024 年 7 月 31 日，公司总股本为 423,530,000 股，扣除回购专户持有股份数 302,975 股后， 实际参与利润分配的股份数量为 423,227,025 股，以此计算合计拟派发现金红利 总额为人民币 42,322,702.50 元（含税），占公司 2024 年半年度归属于上市公司 股东的净利润的比例为 20.63%。公司 2024 年半年度不进行资本公积金转增股本， 不送红股。 如在本公告披露之日起至实施权益分派股权登记日期间，因可转债转股/回 购股份/股权激励授予股份回购注销/重大资产重组股份回购注销等致使公司总股 本发生变动的，公司拟维持每 ...