Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, allowing for investment in low-risk financial products to enhance the efficiency of fund utilization [1][4][6]. Fundraising Basic Situation - The company has completed the issuance of ordinary shares (A shares) with a total amount of RMB 113,242.87 million, with adjusted investment amounts for specific projects [2][3]. - The total amount allocated for the projects includes RMB 96,883.88 million for the development of high-voltage power sources and power chips for new energy vehicles, and RMB 95,988.37 million for industrial-grade digital power management chips [2]. Cash Management Usage - The company plans to use a maximum daily balance of RMB 59,000 million from temporarily idle raised funds for cash management, with a maximum investment period of 12 months [3][4]. - The cash management products will be limited to low-risk, high-liquidity principal-protected financial products or deposit-type products [4][5]. Implementation and Oversight - The board has authorized the management to make decisions within the approved limits, with the finance department responsible for implementation [4][6]. - The company will disclose information in accordance with the regulations of the Shanghai Stock Exchange, ensuring that the use of funds does not deviate from the original investment plans [4][6]. Impact on Company Operations - The cash management initiative is designed to ensure that it does not affect the ongoing investment projects and aims to improve fund utilization efficiency, ultimately benefiting the company and its shareholders [4][5][6].

Summary of Key Points Group 1: Overview of Impairment Provision - The company has recognized an impairment provision of 22.8045 million yuan for the first half of 2025, in accordance with accounting standards and internal financial policies [1][2]. - The impairment losses consist of credit impairment losses and asset impairment losses, with specific amounts detailed in the announcement [1]. Group 2: Breakdown of Impairment Losses - Credit impairment losses total 3.0077 million yuan, calculated based on expected credit losses, historical loss experience, and current economic conditions [2]. - Asset impairment losses, primarily due to inventory write-downs, amount to 19.7968 million yuan, reflecting the lower of cost or net realizable value for inventory [2]. Group 3: Impact on the Company - The impairment provisions are intended to objectively reflect the company's financial status as of June 30, 2025, and will not significantly impact the company's operations or shareholder interests [2]. - The provisions comply with relevant accounting standards and accurately represent the company's financial condition and operational results for the first half of 2025 [2].

Fundraising Overview - The company raised a total of RMB 968,838,792.46 by issuing 17,904,986 shares at a price of RMB 54.11 per share, with a net amount of RMB 959,883,667.23 after deducting issuance costs [1][4] - As of June 30, 2025, the company has utilized RMB 374,779,675.63 of the raised funds, with a remaining balance of RMB 12,918,102.80 in the special account [1][4] Fund Management - The company has established six special accounts for managing the raised funds, ensuring compliance with relevant regulations and enhancing fund efficiency [1][4] - The total balance in the special accounts as of June 30, 2025, is RMB 12,918,102.80, which includes various deposits and interest income [1][4] Investment and Financial Products - The company has invested RMB 423,000,000.00 in financial products and RMB 170,000,000.00 in fixed-term deposits as part of its cash management strategy [5][6] - The company has generated interest income of RMB 111,783.69 and investment returns of RMB 556,539.74 from its financial products [5][6] Project Adjustments - The company has approved adjustments to the internal investment structure of several projects, including the "New Energy Vehicle High Voltage Power Supply and Electric Drive Power Chip R&D and Industrialization Project" [8] - The company has utilized self-owned funds and bills of exchange to cover project costs, with plans to replace these with raised funds later [8] Compliance and Reporting - The company has adhered to all relevant laws and regulations regarding the use and disclosure of raised funds, ensuring transparency and accuracy in its reporting [7][8] - There have been no violations in the use and disclosure of raised funds during the reporting period [7][8]

Core Viewpoint - The report evaluates the progress of Wuxi Chipone Microelectronics Co., Ltd.'s "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan for 2025, emphasizing the company's commitment to enhancing core competitiveness, improving investor returns, and strengthening governance structures [1][2][3]. Group 1: Focus on Core Business - The company has focused on the research and sales of power integrated circuits for 20 years, emphasizing self-innovation and providing high-efficiency, low-power products [1]. - In the first half of 2025, the company's R&D expenses amounted to 125.2443 million yuan, accounting for 19.69% of its operating income [1]. - New product lines have been launched, including integrated chips with digital control and various power management solutions, achieving significant technological advancements [1]. Group 2: Investor Return Mechanism - The company has implemented cash dividends and share buybacks since its listing in 2020, with a total buyback amount of 198.3409 million yuan and cash dividends of 200.3431 million yuan by June 30, 2025 [2]. - In the first half of 2025, the company distributed a cash dividend of 0.4 yuan per share, totaling 51.6207 million yuan, which represents 46.37% of the net profit attributable to shareholders for the 2024 fiscal year [2]. - The company aims to balance performance growth with shareholder returns to enhance long-term value for investors [2]. Group 3: Project Management and Innovation - The company is focused on enhancing project management for fundraising and investment projects, particularly in the development of power chips and digital power management solutions [3]. - Significant revenue growth of 57% year-on-year was reported in the industrial market for the first half of 2025, driven by successful product launches [3]. Group 4: Governance Structure - The company has revised its articles of association and governance structure to comply with the latest regulations, including the cancellation of the supervisory board and strengthening the audit committee's role [4]. - Management has participated in training programs to enhance self-regulation and ensure compliance with governance standards [4]. Group 5: Shareholder Engagement - The company emphasizes high-quality information disclosure and maintains open communication channels with investors through various platforms [5]. - Over 140 interactions with brokers, institutions, and individual investors have been conducted to enhance understanding of the company's operations and build investor confidence [5]. Group 6: Future Commitments - The company will continue to assess the "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan and fulfill its responsibilities to investors while promoting stable development in the capital market [7].

Core Viewpoint - The company has announced a change in the purpose of its repurchased shares from maintaining company value and shareholder rights to implementing equity incentives or employee stock ownership plans Group 1: Share Repurchase Plan - The company approved a share repurchase plan using its own funds or borrowed funds, with a maximum repurchase price of 53.24 yuan per share and a total repurchase amount between 40 million yuan and 80 million yuan within three months from the board's approval [1] Group 2: Adjustment of Share Repurchase Purpose - The purpose of the repurchased shares has been adjusted to attract and retain talent, enhancing employee cohesion and company competitiveness, aligning shareholder, company, and core team interests [2][3] - The adjustment does not require shareholder meeting approval and is based on legal regulations and the company's actual situation and development needs [2] Group 3: Impact of the Adjustment - The adjustment aligns with the company's operational status and future development plans, ensuring no significant impact on debt obligations, ongoing operations, or shareholder rights, and does not alter the control structure or listing status [3]

2024 年 6 月 5 日，公司已完成本次回购，实际回购公司股份 1,470,502 股， 占公司总股本的 1.1199%，回购最高价格 37.77 元/股，回购最低价格 27.30 元/ 股，回购均价 32.1339 元/股，使用资金总额 47,253,005.41 元（不含交易佣金手 续费等交易费用）。具体内容详见公司在上海证券交易所网站（www.sse.com.cn） 披露的相关公告。 二、本次调整回购股份用途的审议程序 证券代码：688508 证券简称：芯朋微 公告编号：2025-038 无锡芯朋微电子股份有限公司 关于调整回购股份用途的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 重要内容提示： ● 本次变更前回购股份用途：用于维护公司价值及股东权益 ● 本次变更后回购股份用途：用于实施股权激励或员工持股计划 一、回购股份方案的审批及实施情况 2024 年 3 月 8 日，公司召开第五届董事会第三次会议，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》，同意公司以自有资金 ...

国泰海通证券股份有限公司 关于无锡芯朋微电子股份有限公司 使用暂时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"保荐人"、"国泰海通"）作为正在 履行无锡芯朋微电子股份有限公司（以下简称"公司"、"芯朋微"）持续督导 工作的保荐人，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》《科创板上市公司持续监管办法（试行）》《上海证券交易所科 创板上市公司自律监管指引第 1 号——规范运作》《上海证券交易所上市公司自 律监管指引第 11 号——持续督导》《上市公司募集资金监管规则》等法律、法规、 规章、规范性文件以及《无锡芯朋微电子股份有限公司章程》等有关规定，对芯 朋微使用暂时闲置募集资金进行现金管理事项进行了核查，核查情况及核查意见 如下。 一、募集资金基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意无锡芯朋 微电子股份有限公司向特定对象发行股票注册的批复》（证监许可﹝2022﹞2138 号）同意，并经上海证券交易所同意，公司向特定对象发行人民币普通股（A 股） 17,904,986 股，募集资金总额为人民币 968,838,792.46 ...

Core Viewpoint - Chipone Microelectronics (SH 688508, closing price: 62.82 CNY) reported a significant increase in its half-year performance for 2025, indicating strong growth in revenue and profit [2] Financial Performance - The company's operating revenue for the first half of 2025 is approximately 636 million CNY, representing a year-on-year increase of 40.32% [2] - The net profit attributable to shareholders is around 90.49 million CNY, showing a year-on-year increase of 106.02% [2] - Basic earnings per share are 0.71 CNY, which is a year-on-year increase of 108.82% [2]

证券代码：688508 证券简称：芯朋微 公告编号：2025-040 无锡芯朋微电子股份有限公司 关于 2025 年半年度计提资产减值准备的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 三、本次计提减值准备对公司的影响 一、本次计提减值准备情况概述 根据《企业会计准则》以及无锡芯朋微电子股份有限公司（以下简称"公司"） 财务制度等相关规定，为客观公允地反映公司截至 2025 年 6 月 30 日的财务状况 及 2025 年半年度的经营成果，基于谨慎性原则，公司对相关资产计提了相应的 减值准备。2025 年半年度公司计提信用减值损失和资产减值损失 2,280.45 万元， 具体情况如下表： | | 项目 | 金额（万元） | | --- | --- | --- | | 信用减值损失 | 应收账款 | -282.79 | | | 其他应收款 | -17.59 | | | 应收票据 | -0.39 | | 资产减值损失 | 存货跌价损失 | -1,979.68 | | | 合计 | -2,280.45 ...

无锡芯朋微电子股份有限公司 关于 2025 年度"提质增效重回报"行动方案的 半年度评估报告 为贯彻落实关于开展科创板上市公司"提质增效重回报"专项行动的倡议， 提出落实以投资者为本的理念，推动上市公司持续优化经营、规范治理和积极回 报投资者，大力提高上市公司质量，助力信心提振、资本市场稳定和经济高质量 发展的精神，无锡芯朋微电子股份有限公司（以下简称"公司"）于 2025 年 3 月 29 日发布了《2025 年度提质增效重回报行动方案》（以下简称"行动方案"）， 为公司 2025 年度提质增效重回报行动制定出明确的工作方向，现将行动方案进 展半年度评估情况报告如下： 用）；公司共计现金分红 20,034.31 万元。2025 年上半年，公司回购和分红具体 情况如下： 2025 年 5 月 29 日，公司 2024 年度利润分配方案顺利实施完成，向全体股 东每股派发现金红利 0.4 元（含税），共派发现金红利总额为 5,162.07 万元（含 税），占公司 2024 年度合并报表归属于上市公司股东的净利润 46.37%。 未来公司将统筹好业绩增长与股东回报的动态平衡，为股东带来长期的投资 回报，持续增强广大 ...