9月4日，龙迅股份跌5%，截至发稿，报67.60元/股，成交1.46亿元，换手率2.84%，总市值90.13亿元。 资料显示，龙迅半导体(合肥)股份有限公司位于安徽省合肥市经济技术开发区宿松路3963号智能装备科 技园B3栋，成立日期2006年11月29日，上市日期2023年2月21日，公司主营业务涉及高清视频信号处理 和高速信号传输芯片及相关IP的研发、设计和销售。主营业务收入构成为：高清视频桥接及处理芯片 94.23%，高速信号传输芯片5.47%，其他0.30%。 从基金十大重仓股角度 数据显示，汇泉基金旗下1只基金重仓龙迅股份。汇泉臻心致远混合A（013051）二季度增持1.8万股， 持有股数7.8万股，占基金净值比例为3.72%，位居第八大重仓股。根据测算，今日浮亏损失约27.77万 元。 汇泉臻心致远混合A（013051）成立日期2021年11月2日，最新规模8405.61万。今年以来收益9.88%， 同类排名5525/8180；近一年收益17.23%，同类排名5911/7978；成立以来亏损49.51%。 汇泉臻心致远混合A（013051）基金经理为梁永强、刘源。 截至发稿，梁永强累计任职时间16 ...

格隆汇9月9日丨龙迅股份(688486.SH)在互动平台表示，随着AI技术在各行业的深度应用，市场对于高 速数据传输、视频处理器及显示驱动技术的需求显著增长，公司芯片已成为Edge AI端智能感知和高性 能传输的重要组成部分，为AI系统的算力提升和场景扩展提供了有效支撑。凭借良好的性能和兼容 性，公司有多个芯片被纳入高通、三星、英特尔等世界领先主芯片厂商的参考设计平台。机器人行业发 展迅猛，公司视频桥接及处理芯片可以将视觉信息转换为语言模型可理解的输入，在视频-语言多模态 系统中，满足AI对复杂应用场景的感知需求。 ...

格隆汇9月9日丨龙迅股份(688486.SH)在互动平台表示，随着AI技术在各行业的深度应用，市场对于高 速数据传输、视频处理器及显示驱动技术的需求显著增长，公司芯片已成为Edge AI端智能感知和高性 能传输的重要组成部分，为AI系统的算力提升和场景扩展提供了有效支撑。凭借良好的性能和兼容 性，公司有多个芯片被纳入高通、三星、英特尔等世界领先主芯片厂商的参考设计平台。机器人行业发 展迅猛，公司视频桥接及处理芯片可以将视觉信息转换为语言模型可理解的输入，在视频-语言多模态 系统中，满足AI对复杂应用场景的感知需求。 ...

Core Insights - Syngenta Group reported a stable revenue of $14.5 billion for the first half of 2025, with a 2% increase when adjusted for constant currency [1] - The company's EBITDA reached $2.5 billion, marking a 24% year-over-year increase, and a 29% increase when adjusted for constant currency, with an EBITDA margin of 17.5%, up by 3.4 percentage points from the previous year [1] Financial Performance - Revenue remained flat at $14.5 billion compared to the same period last year [1] - EBITDA increased to $2.5 billion, reflecting a significant growth of 24% year-over-year [1] - EBITDA margin improved to 17.5%, an increase of 3.4 percentage points from the previous year [1] R&D and Innovation - The company intensified its investment in research and innovation, with over 800 new crop protection products approved globally during the reporting period [1] Operational Efficiency - Syngenta Group implemented cost control measures and enhanced productivity and operational efficiency, which contributed to the recovery of profit margins and improved cash flow [1] - The company leveraged its flexible manufacturing processes and global production network to adapt to market conditions and tariff changes, optimizing supply chain competitiveness [1]

Core Points - The company has completed the registration change and obtained a new business license from the Anhui Provincial Market Supervision Administration [1] - The company held its fourth board meeting on August 22, 2025, where it approved the proposal to change the registered capital and amend the Articles of Association [1] - The registered capital of the company is now 133,279,680 RMB [1] Company Information - Company Name: Longxun Semiconductor (Hefei) Co., Ltd [1] - Unified Social Credit Code: 913400007950924118 [1] - Type: Joint-stock company (foreign investment, listed) [1] - Legal Representative: Chen Feng [1] - Establishment Date: November 29, 2006 [1] - Address: No. 3963, Susong Road, Economic and Technological Development Zone, Hefei, Anhui Province, Intelligent Equipment Technology Park, Building B3 [1] - Business Scope: Research and development, design, production, and sales of integrated circuits and electronic products; development, production, and sales of computer software and hardware; import and export of various goods and technologies [1]

统一社会信用代码：913400007950924118 证券代码：688486 证券简称：龙迅股份 公告编号：2025-042 龙迅半导体（合肥）股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 龙迅半导体（合肥）股份有限公司（以下简称"公司"）于2025年8月22日召开 第四届董事会第六次会议，审议通过了《关于变更公司注册资本、修订 <公司章程> 并办理工商变更登记的议案》。具体内容详见公司于2025年8月23日披露于上海证券 交易所网站（www.sse.com.cn）的《龙迅股份关于变更公司注册资本、修订 <公司章> 程>并办理工商变更登记的公告》（公告编号：2025-041）。 近日，公司已完成工商变更登记，并取得了安徽省市场监督管理局换发的《营 业执照》，现将本次工商变更登记相关情况公告如下： 名称：龙迅半导体（合肥）股份有限公司 类型：股份有限公司（外商投资、上市） 法定代表人：陈峰 注册资本：壹亿叁仟叁佰叁拾贰万柒仟玖佰陆拾捌人民币元整 成立日期：2006年 ...

（文章来源：证券日报） 证券日报网讯 9月2日晚间，龙迅股份发布公告称，近日，公司已完成工商变更登记，并取得了安徽省 市场监督管理局换发的《营业执照》。 ...

名称：龙迅半导体（合肥）股份有限公司 统一社会信用代码：913400007950924118 证券代码：688486 证券简称：龙迅股份 公告编号：2025-042 龙迅半导体（合肥）股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 类型：股份有限公司（外商投资、上市） 龙迅半导体（合肥）股份有限公司（以下简称"公司"）于2025年8月22日召开 第四届董事会第六次会议，审议通过了《关于变更公司注册资本、修订<公司章程> 并办理工商变更登记的议案》。具体内容详见公司于2025年8月23日披露于上海证券 交易所网站（www.sse.com.cn）的《龙迅股份关于变更公司注册资本、修订<公司章 程>并办理工商变更登记的公告》（公告编号：2025-041）。 近日，公司已完成工商变更登记，并取得了安徽省市场监督管理局换发的《营 业执照》，现将本次工商变更登记相关情况公告如下： 龙迅半导体（合肥）股份有限公司董事会 2025 年 9 月 3 日 2 注册资本：壹亿叁仟叁佰叁拾贰 ...

Core Viewpoint - Longxin Co., Ltd. focuses on high-definition video bridging and processing chips, as well as high-speed signal transmission chips, with applications in various fields including PC peripherals, displays, video conferencing systems, and AR/VR. The company is expanding into automotive and HPC sectors in the future [1]. Financial Performance - In H1 2025, the company reported revenue of 250 million yuan, a year-on-year increase of 11.4%, with a net profit attributable to shareholders of 72 million yuan, up 15.2% year-on-year. The gross margin was 54.88%, slightly up, and the net margin was 29%, an increase of 1 percentage point year-on-year [1]. - In Q2 2025, revenue reached 138 million yuan, a year-on-year increase of 17.4% and a quarter-on-quarter increase of 26.6%. The net profit attributable to shareholders was 43 million yuan, up 38.3% year-on-year and 50.9% quarter-on-quarter. The gross margin was 55.2%, up 0.8 percentage points quarter-on-quarter, primarily due to better profitability from new products [1]. Business Expansion - The company is successfully expanding into new business areas such as AI edge computing, supercomputing, and data centers. The automotive SerDes chips are currently in a full promotion phase, having entered new fields like eBikes, photography gimbals, and drones. In H1, two new products passed AEC-Q100 Grade 2 certification [2]. - The company is actively developing high-speed data transmission chips for AI and edge computing, with ongoing research in PCIe and SATA protocols, and some projects have entered the tape-out stage. These developments have significant market potential in supercomputing, AI, data centers, and consumer electronics [2]. Supply Chain and R&D - In H1 2025, the company added two new wafer fabs to enhance supply stability, with R&D investment amounting to 57.06 million yuan, a year-on-year increase of 23%, representing 23.1% of revenue. The company has initiated a multi-location backup mode for supply stability and cost optimization [3]. - The company is advancing in the development of mixed-signal chips at 28nm and 22nm processes, with products achieving a maximum transmission rate of 20Gbps, marking a significant step in process iteration and upgrade [3]. Investment Outlook - Longxin Co., Ltd. is deeply engaged in the high-speed mixed-signal chip market, with the automotive SerDes chips expected to gradually ramp up production. The company is also positioning itself in AI edge and server sectors, with adjusted revenue expectations for 2025-2027 [3].

Investment Rating - The report maintains a "Recommended" investment rating for the company [1] Core Views - The company achieved a record high revenue of 247 million yuan in Q2 2025, representing a year-on-year growth of 11.35%, and a net profit of 72 million yuan, up 15.16% year-on-year [4][8] - The company is focusing on expanding its product lines in the automotive electronics sector, particularly in high-definition video bridging and processing chips, which remain the core revenue driver [8][9] - The company has made significant advancements in its technology, particularly in AI and edge computing, and is actively developing high-speed data transmission chips [9] Financial Summary - Revenue projections for 2025-2027 are as follows: 636 million yuan in 2025, 905 million yuan in 2026, and 1.27 billion yuan in 2027, with respective year-on-year growth rates of 36.5%, 42.3%, and 40.5% [6][12] - Net profit projections for the same period are 197 million yuan in 2025, 282 million yuan in 2026, and 402 million yuan in 2027, with year-on-year growth rates of 36.3%, 43.3%, and 42.4% [6][12] - The company's gross margin is expected to remain stable around 55.5% from 2025 to 2027, while the net margin is projected to be around 30.9% to 31.6% [12] Product and Market Focus - The company has successfully passed AEC-Q100 testing for 11 bridge chips, with 5 achieving Grade 2 certification, indicating a strong foothold in the automotive electronics market [9] - The company is expanding its applications in the automotive sector, including video transmission and ultra-high-definition display needs, and is also entering new business areas such as eBikes and drones [9]