Group 1 - The core viewpoint of the news is the performance and financial metrics of Huizhi Microelectronics, which has shown a stock price increase and significant market activity since its recent listing [1] - Huizhi Microelectronics, established on November 11, 2011, specializes in the research, design, and sales of RF front-end chips and modules, with 55.01% of its revenue coming from 5G modules and 44.80% from 4G modules [1] - As of the report, Huizhi Microelectronics' stock price is 12.87 CNY per share, with a market capitalization of 6.008 billion CNY and a trading volume of 1.32 billion CNY [1] Group 2 - According to fund holdings, the Everbright Prudential Chengxin Mixed A Fund (003115) has a significant position in Huizhi Microelectronics, holding 7,010 shares, which accounts for 1.01% of the fund's net value [2] - The Everbright Prudential Chengxin Mixed A Fund has achieved a year-to-date return of 37.15% and a one-year return of 76.94%, ranking 2056 out of 8173 and 1410 out of 7996 respectively in its category [2] - The fund manager, Zhu Jiantao, has been in charge for 1 year and 142 days, with the fund's total asset size at 1.851 billion CNY and a best return of 43.8% during his tenure [3]

证券代码：688512 证券简称：慧智微 公告编号：2025-038 广州慧智微电子股份有限公司 特此公告。 广州慧智微电子股份有限公司 董事会 2025 年 9 月 17 日 关于参加 2025 年广东辖区投资者网上集体接待日活 动的公告 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、准确性和完整性承担法律责任。 为进一步加强与投资者的互动交流，广州慧智微电子股份有限公司（以下 简称"公司"）将参加由广东证监局、广东上市公司协会与深圳市全景网络有限 公司联合举办的"向新提质 价值领航——2025 年广东辖区投资者集体接待日 暨辖区上市公司中报业绩说明会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2025 年 9 月 19 日（周五）15:30-17:00。届时公 司董事长兼总经理李阳先生、董事会秘书兼财务总监徐斌先生将在线就公司 2025 年半年度业绩、公司治理、发展战略、经营状况、 ...

关于广州慧智微电子股份有限公司 2025 年第一次临时股东会 的法律意见书 致：广州慧智微电子股份有限公司 北京市中伦（广州）律师事务所（以下简称"本所"）受广州慧智微电子股份 有限公司（以下简称"公司"）委托，指派熊鑫律师、蔡金会律师（以下简称"本 所律师"）对公司召开的 2025 年第一次临时股东会（以下简称"本次股东会"） 进行见证。本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东会规则》等法律法规及本法律意见书出具日以前已发生或者存在的 事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查 验证，保证本法律意见所认定的事实真实、准确、完整，所发表的结论意见合法、 准确，不存在虚假记载、误导性陈述或者重大遗漏，并承担相应的法律责任。 北京市中伦（广州）律师事务所 本所律师依据《公司法》《证券法》及《广州慧智微电子股份有限公司章程》 （以下简称"《公司章程》"）《广州慧智微电子股份有限公司股东会议事规则》 （以下简称"《股东会议事规则》"）的规定，对公司本次股东会进行见证并出 具本法律意见书。 为出具本法律意见书，本所律师审查了本所律师认为作为出具本法律 ...

重要内容提示： 证券代码：688512 证券简称：慧智微 公告编号：2025-037 广州慧智微电子股份有限公司 2025年第一次临时股东会决议公告 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。 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 9 月 15 日 （二） 股东大会召开的地点：上海市浦东新区碧波路 889 号 S1 栋 9 楼 1 号会议 室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 109 | | --- | --- | | 普通股股东人数 | 109 | | 2、出席会议的股东所持有的表决权数量 | 113,646,459 | | 普通股股东所持有表决权数量 | 113,646,459 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 24.3436 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 24. ...

Core Viewpoint - The stock of Huizhi Micro has shown a significant increase in price and trading activity, indicating potential investor interest and market dynamics [1][2]. Group 1: Stock Performance - As of September 12, Huizhi Micro's stock price rose by 2.07% to 12.33 CNY per share, with a trading volume of 1.20 billion CNY and a turnover rate of 3.05%, resulting in a total market capitalization of 57.56 billion CNY [1]. - Year-to-date, Huizhi Micro's stock has increased by 24.42%, with a 2.15% rise over the last five trading days, a 4.64% decline over the last 20 days, and a 22.08% increase over the last 60 days [2]. Group 2: Trading Activity - The net outflow of main funds was 3.79 million CNY, with no significant large orders bought, while large orders bought totaled 27.55 million CNY, accounting for 22.91% of the total, and large orders sold amounted to 28.93 million CNY, representing 24.06% [1]. - Huizhi Micro has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on February 12, where it recorded a net purchase of 8.28 million CNY [2]. Group 3: Company Overview - Huizhi Micro, established on November 11, 2011, and listed on May 16, 2023, is located in Guangzhou, Guangdong Province, and specializes in the research, design, and sales of RF front-end chips and modules [2]. - The company's main business revenue composition includes 55.01% from 5G modules, 44.80% from 4G modules, and 0.19% from technical services and others [2]. - As of June 30, the number of Huizhi Micro's shareholders increased by 8.23% to 16,200, with an average of 20,015 circulating shares per person, a decrease of 6.98% [2]. Group 4: Financial Performance - For the first half of 2025, Huizhi Micro achieved a revenue of 355 million CNY, representing a year-on-year growth of 39.97%, while the net profit attributable to the parent company was -65.28 million CNY, reflecting a year-on-year increase of 64.41% [2].

Core Viewpoint - The company, Guangzhou Huizhiwei Electronics Co., Ltd., specializes in the research, design, and sales of RF front-end chips and modules, with a significant focus on 5G and 4G modules, primarily serving the mobile phone and IoT sectors [2][3][7]. Group 1: Company Overview - The company was established on November 11, 2011, and went public on May 16, 2023 [7]. - As of June 30, the company had a total market capitalization of 5.373 billion yuan, with a trading volume of 1.04 billion yuan and a turnover rate of 2.77% [1][7]. - The company's revenue composition includes 55.01% from 5G modules, 44.80% from 4G modules, and 0.19% from technical services and others [7]. Group 2: Financial Performance - For the period from January to June 2025, the company achieved a revenue of 355 million yuan, representing a year-on-year growth of 39.97% [7]. - The net profit attributable to the parent company was -65.28 million yuan, showing a year-on-year increase of 64.41% [7]. Group 3: Shareholding and Market Position - The National Integrated Circuit Industry Investment Fund holds 26.03 million shares, accounting for 5.75% of the total share capital [2]. - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title for SMEs in China [3]. Group 4: Market Dynamics - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 98.18% of total revenue [3]. - The average trading cost of the stock is 12.48 yuan, with the current stock price near a resistance level of 11.75 yuan, indicating potential for upward movement if the resistance is broken [6].

Core Viewpoint - The company, Guangzhou Huizhi Microelectronics Co., Ltd., is experiencing fluctuations in stock performance and is recognized for its contributions to the semiconductor industry, particularly in RF front-end chips and modules, with a significant focus on 5G technology. Group 1: Company Overview - Guangzhou Huizhi Microelectronics was established on November 11, 2011, and went public on May 16, 2023, specializing in the research, design, and sales of RF front-end chips and modules [7] - The company's revenue composition includes 55.01% from 5G modules, 44.80% from 4G modules, and 0.19% from technical services and others [7] - As of June 30, the company had 16,200 shareholders, an increase of 8.23%, with an average of 20,015 circulating shares per person, a decrease of 6.98% [7] Group 2: Financial Performance - For the first half of 2025, the company achieved a revenue of 355 million yuan, representing a year-on-year growth of 39.97%, while the net profit attributable to shareholders was -65.28 million yuan, an increase of 64.41% year-on-year [7] - The company benefits from a high overseas revenue ratio of 98.18%, largely due to the depreciation of the RMB [3] Group 3: Market Position and Recognition - The company is recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title in China for companies excelling in niche markets with strong innovation capabilities and high market share [3] - The National Integrated Circuit Industry Investment Fund holds 26.03 million shares, accounting for 5.75% of the total share capital, indicating strong institutional support [2] Group 4: Stock Performance and Technical Analysis - On September 4, the stock price fell by 4.85%, with a trading volume of 204 million yuan and a turnover rate of 5.20%, leading to a total market capitalization of 5.495 billion yuan [1] - The average trading cost of the stock is 12.57 yuan, with the current price approaching a support level of 11.75 yuan, suggesting potential for a rebound if this level holds [6]

Core Viewpoint - The company is convening its first extraordinary general meeting of shareholders in 2025 to discuss significant changes including capital restructuring, expansion of business scope, cancellation of the supervisory board, and amendments to the company's articles of association [1][9]. Meeting Details - The meeting is scheduled for September 15, 2025, at 13:30, located at Building S1, No. 889, Bipol Road, Pudong New District, Shanghai [7][6]. - The voting will be conducted through a combination of on-site and online methods, with specific time frames for both [6][7]. Agenda Items - The primary agenda item is to discuss the proposal regarding changes to registered capital, expansion of business scope, cancellation of the supervisory board, and amendments to the articles of association [9][11]. - The company plans to increase its registered capital from RMB 459.912548 million to RMB 460.762548 million following the exercise of stock options [10]. - The business scope will be expanded to include "integrated circuit manufacturing" among other activities [11]. Governance Changes - The supervisory board will be abolished, with its responsibilities transferred to the audit committee of the board of directors, in compliance with relevant laws and regulations [11][13]. - Amendments to the articles of association will be made to reflect these changes, with a detailed comparison table disclosed on the Shanghai Stock Exchange website [13][14]. Internal Management Adjustments - The company will revise and establish certain internal management systems in accordance with the changes to the articles of association [14].

Core Viewpoint - The company, Guangzhou Huizhi Microelectronics Co., Ltd., has not yet achieved profitability, reporting a net loss of 65.28 million yuan, although this represents a 64.41% reduction compared to the previous year [1][6][21]. Financial Performance - The company's operating revenue increased by 39.97% year-on-year, reaching 354.52 million yuan, driven by a significant rise in chip sales [20][23]. - The net loss attributable to shareholders decreased by 64.41% to -65.28 million yuan, while the net loss excluding non-recurring gains and losses was -137.36 million yuan, a 31.48% reduction from the previous year [1][21]. - The cash flow from operating activities was negative at -235.40 million yuan, indicating that the company’s sales were insufficient to cover its expenses [21][14]. Business Operations - The company is focused on enhancing its radio frequency front-end product line, with successful mass production of the Phase8L integrated L-PAMiD product for high-end flagship models of major Android clients [2][23]. - The company has been actively expanding its market presence, with significant orders from major clients like Samsung expected to be fulfilled in 2024 [2][23]. Use of Funds - The company adjusted its fundraising project expenditures, planning to allocate 570 million yuan for the "Headquarters and R&D Center Construction Project," with 370 million yuan for the Guangzhou center and 200 million yuan for the Shanghai center [4][24]. - As of April 14, 2025, the actual use of funds for the Guangzhou project exceeded the planned amount by 25.91 million yuan, primarily for employee salaries and material costs [4][5]. Research and Development - The company’s R&D expenditure accounted for 28.02% of its operating revenue, reflecting a decrease of 27.55 percentage points compared to the previous year, mainly due to increased sales revenue [21][23]. - The company holds a total of 151 invention patents and 24 utility model patents, indicating a strong focus on innovation in the radio frequency front-end sector [23]. Market Position and Competition - The global radio frequency front-end market is dominated by major players such as Skyworks, Qorvo, Broadcom, Qualcomm, and Murata, which have significant revenue and strong profitability [12][15]. - The company is striving to enhance its competitive edge through technological innovation and expanding its product offerings in response to market demands [23][15]. Risks and Challenges - The company faces several risks, including the ongoing challenge of achieving profitability, potential technological obsolescence, and intense competition from established international firms [6][7][15]. - The reliance on a limited number of suppliers for critical components poses a risk to production stability and operational efficiency [11][12].

华泰联合证券有限责任公司 关于广州慧智微电子股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐机构名称：华泰联合证券有限责任公司 | 被保荐公司简称：慧智微 | | --- | --- | | 保荐代表人姓名：彭海娇 | 联系电话：0755-82492010 | | 保荐代表人姓名：张辉 | 联系电话：010-56839300 | 根据《证券法》《证券发行上市保荐业务管理办法》和《上海证券交易所科 创板股票上市规则》等有关法律、法规的规定，华泰联合证券有限责任公司（以 下简称"华泰联合证券"、"保荐机构"或"保荐人"）作为广州慧智微电子股份 有限公司（以下简称"慧智微"、"公司"或"发行人"）首次公开发行股票并在 科创板上市的保荐人，对慧智微进行持续督导，并出具本持续督导跟踪报告： 一、保荐机构和保荐代表人发现的问题及整改情况 （一）公司尚未实现盈利 2025 年 1-6 月（以下简称"报告期"），公司营业收入为 35,451.63 万元，较 上年同期增加 39.97%，归属于上市公司股东的净利润为-6,527.84 万元，净亏损 较上年同期减少 64.41%；归属于上市公司股东的扣除非经常性损益的净 ...