证券代码：688498 证券简称：源杰科技 公告编号：2025-067 陕西源杰半导体科技股份有限公司 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、准确性和完整性依法承担法律责任。 重要内容提示： 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 11 月 27 日（星期四）11:00-12:00 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 会议召开时间：2025 年 11 月 27 日（星期四）11:00-12:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 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 投资者可于 2025 年 11 月 20 日（星期四）至 11 月 26 日（星期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@yj-semitech.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回 ...

源杰科技(688498.SH)公告，公司董事会审议通过了《关于授权公司管理层启动公司境外发行股份(H股) 并在香港联合交易所有限公司上市相关筹备工作的议案》。公司拟在境外发行股份(H股)并在中国香港 联合交易所有限公司上市。 ...

源杰科技公告称，2025年11月19日公司召开第二届董事会第二十四次会议，审议通过授权管理层启动境 外发行股份（H股）并在香港联交所上市相关筹备工作的议案，授权期限12个月。公司拟通过本次H股 上市加快国际化战略及海外业务布局。目前除已审议议案外，具体细节未确定。本次上市尚需公司董事 会、股东会审议及相关政府、监管机构备案或审核批准，存在不确定性。 ...

智通财经APP讯，源杰科技(688498.SH)公告，公司董事会审议通过了《关于授权公司管理层启动公司 境外发行股份(H股)并在香港联合交易所有限公司上市相关筹备工作的议案》。公司拟在境外发行股份 (H股)并在中国香港联合交易所有限公司上市。 ...

Core Insights - Source Technology's stock price increased by 2.12% on November 19, reaching 565.50 CNY per share, with a total market capitalization of 48.603 billion CNY [1] - The company has seen a significant stock price increase of 322.95% year-to-date, with a recent decline of 2.48% over the last five trading days [1] - For the period from January to September 2025, Source Technology reported a revenue of 383 million CNY, representing a year-on-year growth of 115.09%, and a net profit of 106 million CNY, showing a remarkable increase of 19,348.65% [2] Financial Performance - The company has a total dividend payout of 90.5945 million CNY since its A-share listing [3] - As of September 30, 2025, the number of shareholders increased by 30.35% to 9,929, while the average circulating shares per person decreased by 23.29% to 6,057 shares [2] Shareholder Composition - The second-largest circulating shareholder is the China Aviation Opportunity Leading Mixed Fund A, holding 2.7907 million shares as a new shareholder [3] - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, increasing its holdings by 683,500 shares to 1.685 million shares [3] - Several funds, including Changcheng Jiujia Innovation Growth Mixed A and GF Electronic Information Media Stock A, have exited the top ten circulating shareholders list [3]

市场表现方面，收盘股价超百元股中，今日平均下跌0.26%，跑赢沪指0.56个百分点。今日上涨的有67 只，涨幅居前的有东芯股份、天普股份等，下跌的有82只，跌幅居前的有华盛锂电、北方长龙等。 追溯发现，最新百元股近一个月平均上涨6.46%，其间沪指上涨2.61%，涨幅居前的有华盛锂电、线上 线下、鼎泰高科等，涨幅分别为161.09%、87.39%、62.59%，今年以来平均涨幅为113.71%，强于沪指 96.17%，累计涨幅居前的有上纬新材、天普股份、胜宏科技等，涨幅分别为1545.60%、811.34%、 567.70%。 以最新收盘价计算，A股平均股价为13.76元，其中股价超过100元的有149只。 百元股作为判定市场热度的信号之一，历来受到投资者关注。证券时报·数据宝统计显示，截至11月18 日收盘，沪指报收3939.81点，下跌0.81%，A股平均股价为13.76元，个股股价分布看，股价超过100元 的有149只，股价在50元至100元的有441只，股价在30元至50元的有782只。 股价超百元个股中，收盘价最高的是贵州茅台，今日报收1476.00元，上涨0.34%，其次是寒武纪、源杰 科技等，最 ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating an expected increase of over 15% relative to the CSI 300 index within the next six months [21]. Core Insights - The company has demonstrated significant revenue growth, with a 115.09% year-on-year increase in revenue for the first three quarters of 2025, amounting to 383 million yuan, and a net profit of 106 million yuan, marking a return to profitability [6][9]. - The gross margin has improved significantly, reaching 54.76%, an increase of 25.07 percentage points year-on-year, driven by product structure adjustments and increased revenue from high-margin data center products [9][10]. - The company is positioned as a leading supplier of optical chips in the telecommunications and data communication markets, with a focus on CW silicon optical source products, which are gradually ramping up in production [9][10]. Summary by Sections Financial Performance - For Q3 2025, the company reported revenue of 178 million yuan, a year-on-year increase of 207.31%, and a net profit of 60 million yuan, indicating a turnaround from previous losses [6][9]. - The company’s financial metrics include a net asset return of 4.88% and a debt-to-asset ratio of 9.08% as of September 30, 2025 [2]. Product and Market Position - The company has established a comprehensive IDM (Integrated Device Manufacturer) business model, covering chip design, wafer manufacturing, processing, and testing, aiming to become a top-tier provider of optoelectronic semiconductor chips and technology services [9]. - The product portfolio includes a range of optical chips and high-power silicon optical source products, with the data center segment contributing significantly to revenue growth [9][10]. Future Outlook - The company is expected to benefit from the growing demand for AI data centers and the anticipated shortage of EML and CW laser chips, with a projected compound annual growth rate (CAGR) of 17% for the optical communication chip market from 2025 to 2030 [10]. - Profit forecasts for the company indicate a net profit of 170 million yuan in 2025, increasing to 531 million yuan by 2027, with corresponding price-to-earnings ratios of 266.18X, 138.87X, and 85.33X for the respective years [11].

每经AI快讯，11月18日，光模块(CPO)指数盘中上涨2%，成分股中剑桥科技涨8.22%，源杰科技涨 5.83%，东山精密涨4.85%，德科立涨4.32%，长芯博创涨3.51%。 （文章来源：每日经济新闻） ...

Core Viewpoint - The CPO concept continues to rebound during trading, with several companies experiencing significant stock price increases [1] Company Performance - Yuanjie Technology saw its stock price rise by over 10% [1] - Cambridge Technology reached its daily limit increase [1] - Yongding Co., Dongshan Precision, Dekoli, and New Yi Sheng also reported notable gains [1]

Market Performance - The Sci-Tech Innovation Board (STAR Market) index fell by 0.53%, closing at 1354.04 points, with a total trading volume of 3.958 billion shares and a turnover of 176.274 billion yuan, resulting in an average turnover rate of 2.07% [1] - Among the tradable stocks on the STAR Market, 243 stocks closed higher, with 6 stocks hitting the daily limit up, including Rongbai Technology, Tengjing Technology, and Borui Data [1][2] - A total of 344 stocks closed lower, with 1 stock experiencing a decline of over 10% [1] Turnover Rate Analysis - The distribution of turnover rates shows that 2 stocks had a turnover rate exceeding 20%, 19 stocks had a turnover rate between 10% and 20%, and 43 stocks had a turnover rate between 5% and 10% [1] - The highest turnover rate was recorded by Kangpeng Technology at 29.90%, closing down by 7.76%, with a trading volume of 834 million yuan [1][3] - Other notable stocks with high turnover rates include Weidao Nano (21.36% turnover rate, up 3.30%) and Pinggao Co. (18.76% turnover rate, up 11.61%) [1][3] Sector Performance - In terms of sector performance, the electronics sector had the highest number of stocks with a turnover rate exceeding 5%, totaling 20 stocks, followed by the power equipment and computer sectors with 15 and 8 stocks, respectively [2] - Stocks with significant net inflows of capital included Xinyuan Technology, Rongbai Technology, and Tengjing Technology, with net inflows of 465 million yuan, 355 million yuan, and 196 million yuan, respectively [2] Leverage Fund Movements - A total of 44 stocks recently received net purchases from leveraged funds, with notable increases in financing balances for Baiwei Storage, Huasheng Lithium, and Wukuang New Energy, increasing by 292 million yuan, 259 million yuan, and 192 million yuan, respectively [2] - Conversely, stocks like Guodun Quantum, Xinyuan Technology, and Canxin Technology saw significant reductions in financing balances, decreasing by 221 million yuan, 111 million yuan, and 6.74391 million yuan, respectively [2]