截至2025年12月25日，公司第四季度新签订单金额中绝大部分为一站式芯片定制业务订单，AI算力相 关订单占比超84%，数据处理领域订单占比近76%。 人民财讯12月26日电，芯原股份(688521)12月26日公告，国家集成电路产业投资基金股份有限公司(简 称"国家集成电路基金")持有公司6.6034%股份，计划通过集中竞价和大宗交易方式合计减持公司股份不 超过893.96万股，减持比例不超过1.7%。 芯原股份同日公告，2025年10月1日至12月25日，公司新签订单24.94亿元，较去年第四季度全期大幅增 长129.94%，较今年第三季度全期进一步增长56.54%，继2025年第二、三季度单季度新签订单屡创历史 新高后，再创历史单季度新高。 ...

芯原股份公告称，2025年某时段至2025年某时段，公司新签订单24.94亿元，较去年四季度全期增长 129.94%，较今年三季度全期增长56.54%，创历史单季度新高。截至2025年某时，四季度新签订单中一 站式芯片定制业务占比大，AI算力相关订单超84%，数据处理领域近76%。公告提示，新签订单数据未 经审计，不能推算财务数据，业绩以定期报告为准。 ...

南财智讯12月26日电，芯原股份公告，国家集成电路产业投资基金股份有限公司持有公司34,724,272 股，占公司总股本的6.6034%，均为公司首次公开发行前取得。因股东自身经营管理需要，国家集成电 路基金计划通过集中竞价和大宗交易方式合计减持不超过894万股公司股份，减持比例不超过1.70%。 减持期间为2026年1月21日至2026年4月20日，减持价格将参考市场价格。本次减持不会对公司治理结构 及持续经营情况产生重大影响，减持实施存在不确定性。 ...

Core Viewpoint - The Chip 50 ETF (516920) opened at a decline of 0.48%, indicating a downward trend in the semiconductor sector on December 26 [1] Group 1: ETF Performance - The Chip 50 ETF (516920) opened at 1.035 yuan, reflecting a decrease of 0.48% [1] - Since its establishment on July 27, 2021, the fund has achieved a return of 3.96%, with a one-month return of 8.26% [1] Group 2: Major Holdings Performance - Key stocks within the Chip 50 ETF include: - SMIC (中芯国际) down 0.41% - Cambricon (寒武纪) down 1.32% - Haiguang Information (海光信息) down 0.38% - Northern Huachuang (北方华创) down 0.23% - Lattice Semiconductor (澜起科技) down 0.71% - GigaDevice (兆易创新) down 0.45% - OmniVision (豪威集团) up 0.04% - Chipone (芯原股份) down 1.21% - JCET (长电科技) down 0.46% [1]

Group 1 - The refinancing market in the Shanghai Stock Exchange has shown significant growth in 2025, with over 800 billion yuan raised through equity financing, involving more than 100 companies, marking a substantial increase compared to the same period in 2024 [1][2] - The approval process for refinancing projects has accelerated, with nearly 40 new projects approved in the fourth quarter of 2025, reducing the average review period to around 2 months [1][2] - The Shanghai Stock Exchange has emphasized an open approach to review and regulation, enhancing proactive communication and feedback during the approval process, which has contributed to the rapid growth of refinancing activities [2] Group 2 - In 2025, the Shanghai Stock Exchange's main board raised a total of 715 billion yuan through targeted placements, while the Sci-Tech Innovation Board raised 55.65 billion yuan, both showing significant year-on-year growth [2] - The issuance of convertible bonds also saw substantial fundraising, with the main board raising 29.59 billion yuan and the Sci-Tech Innovation Board raising 8.76 billion yuan [2] - The regulatory support has been crucial for this growth, with specific projects like Xianghe Industrial and Haitai Co. completing their approvals in under 50 days [2] Group 3 - Companies like Cambrian Technology raised over 3.9 billion yuan for projects related to AI chips and software platforms, aligning with national strategic needs and enhancing their competitive edge [3] - Microchip Biotech's fundraising efforts are aimed at accelerating drug development and enhancing product pipelines, reflecting a focus on innovation and strategic alignment [3] Group 4 - The simplified procedures for refinancing have significantly improved efficiency, allowing companies to raise funds quickly, especially for amounts not exceeding 300 million yuan or 20% of net assets [4][5] - The first project under the simplified procedure on the Sci-Tech Innovation Board raised over 200 million yuan for R&D and operational needs, demonstrating the effectiveness of this new approach [4][5] Group 5 - Since the implementation of the "light asset, high R&D investment" standard, 14 companies have submitted refinancing applications totaling 35.12 billion yuan, indicating a positive market response [6] - Companies across various sectors, including new-generation information technology and biomedicine, are leveraging this standard to enhance their R&D capabilities and competitiveness [6][7] Group 6 - The introduction of the "light asset, high R&D investment" standard allows companies to allocate more resources to R&D, fostering innovation and product upgrades [7] - This standard has been particularly beneficial for high-tech companies, enabling them to secure necessary funding for ongoing projects in emerging fields like commercial aerospace and unmanned equipment [7]

Group 1 - The financing balance of the Sci-Tech Innovation Board increased by 1.94 billion yuan compared to the previous day, marking a continuous increase for six trading days [1] - As of December 24, the total margin financing balance on the Sci-Tech Innovation Board reached 269.29 billion yuan, with a financing balance of 268.33 billion yuan [1] - A total of 491 stocks on the Sci-Tech Innovation Board have a financing balance exceeding 100 million yuan, with 50 stocks having a balance over 1 billion yuan [1] Group 2 - The stock with the highest net financing purchase is SMIC, with a latest financing balance of 13.37 billion yuan, increasing by 349 million yuan from the previous day [2] - Other notable stocks with significant net purchases include Chipone Technology, TuoJing Technology, and MuXi Technology, with net purchases of 193 million yuan, 155 million yuan, and 134 million yuan respectively [2] - Stocks that received net purchases exceeding 10 million yuan saw an average increase of 5.10% on the same day, with C Jianxin leading with a rise of 212.81% [2] Group 3 - The industries attracting the most interest from margin traders include electronics, machinery equipment, and power equipment, with 43, 10, and 8 stocks respectively [2] - The average ratio of financing balance to market capitalization for stocks with significant net purchases is 4.36%, with Huahai Chengke having the highest ratio at 10.46% [2] - Other stocks with high financing balance ratios include MoEr Thread, MuXi Technology, and Haibo Sichuang, with ratios of 10.24%, 9.66%, and 8.68% respectively [2]

Group 1 - Core viewpoint: Chip Original Co., Ltd. (芯原股份) has seen a stock price increase of 5.04%, reaching 136.98 CNY per share, with a total market capitalization of 72.032 billion CNY as of December 24 [1] - Company overview: Chip Original Co., Ltd. was established on August 21, 2001, and listed on August 18, 2020. The company specializes in providing platform-based, comprehensive, and one-stop chip customization services and semiconductor IP licensing services [1] - Revenue composition: The main business revenue breakdown includes: chip volume business revenue at 41.85%, intellectual property licensing fees at 28.81%, chip design business revenue at 23.83%, royalty fees at 5.21%, and other income at 0.29% [1] Group 2 - Fund holdings: The Taikang 500 fund (515530) holds a position in Chip Original Co., Ltd., having reduced its holdings by 1,300 shares to a total of 2,500 shares, representing 0.7% of the fund's net value [2] - Fund performance: The Taikang 500 fund has achieved a year-to-date return of 28.78%, ranking 1704 out of 4197 in its category, and a one-year return of 26.67%, ranking 1781 out of 4157 [2] - Fund manager: The fund manager of Taikang 500 is Wei Jun, who has a total tenure of 14 years and 71 days, with the fund's total asset size at 11.333 billion CNY [3]

Core Viewpoint - The Integrated Circuit ETF (159546) opened with a slight increase of 0.06%, priced at 1.791 yuan, indicating a stable market performance for the fund [1] Group 1: ETF Performance - The Integrated Circuit ETF (159546) has a performance benchmark based on the CSI All-Share Integrated Circuit Index return [1] - Since its establishment on October 11, 2023, the fund has achieved a return of 79.28% [1] - The fund's return over the past month is reported at 7.90% [1] Group 2: Major Holdings Performance - Major holdings within the ETF include: - SMIC (中芯国际) with an increase of 2.17% [1] - Cambrian (寒武纪) with a decrease of 0.08% [1] - Haiguang Information (海光信息) down by 0.24% [1] - Lattice Technology (澜起科技) down by 0.41% [1] - Zhaoyi Innovation (兆易创新) up by 1.21% [1] - Haowei Group (豪威集团) up by 0.10% [1] - Chipone (芯原股份) down by 0.32% [1] - Changdian Technology (长电科技) up by 0.57% [1] - Unisoc (紫光国微) down by 0.12% [1] - Tongfu Microelectronics (通富微电) up by 0.21% [1]

Group 1: Market Performance - The Huaxia Sci-Tech AI ETF (589010) increased by 0.15%, demonstrating resilience amid market fluctuations and outperforming the benchmark index [1] - Leading stocks such as Cambricon Technologies (寒武纪-U) surged nearly 4%, while Qi An Xin (奇安信-U) rose over 2%, effectively offsetting some of the pressure from small and mid-cap stock pullbacks [1] - The Robot ETF (562500) experienced a slight decline of 0.74%, trading at 0.945 yuan, and is undergoing technical consolidation near a key support level [1] - Despite market volatility, stocks like Quick Intelligent (快克智能) and Keri Technology (科瑞技术) hit the daily limit up, indicating a strong internal structural market [1] - The Robot ETF saw significant net inflows totaling nearly 290 million yuan over two days, with a single-day net inflow reaching 156 million yuan, reflecting robust liquidity [1] Group 2: Company Developments - Zhenyu Technology (震裕科技) announced plans to invest no less than 1 billion yuan in projects related to core components for new energy vehicle drives, low-altitude flying vehicle drives, and humanoid robot drives [2] - Galaxy General Robotics (银河通用机器人) has formed a strategic partnership with Baida Precision (百达精工) to deploy over 1,000 robots within Baida's ecosystem, focusing on industrial precision manufacturing [2] - Wanxiang Qianchao (万向钱潮) has established its robotics business as its third strategic business segment, with plans to optimize its supply chain and expand production capacity for various robotic components [3] Group 3: Industry Insights - Guojin Securities emphasizes the importance of dexterous hands, motors, and PEEK materials in the humanoid robot sector, highlighting advancements in tactile sensor technology and processing techniques [4] - The Robot ETF (562500) is noted for being the only ETF in the market with a scale exceeding 20 billion yuan, providing optimal liquidity and comprehensive coverage of the Chinese robotics industry [5] - The Huaxia Sci-Tech AI ETF (589010) is characterized as the "brain" of robotics, capturing the AI industry's potential with a 20% price fluctuation range and flexibility in small-cap stocks [5]

| 成交量 | 成交金额 | 成交价 | 相对当日收盘 | | | | --- | --- | --- | --- | --- | --- | | （万 | （万元） | 格 | 折溢价（%） | 买方营业部 | 卖方营业部 | | 股） | | （元） | | | | | 36.57 | 4431.34 | 121.17 | -7.09 | 机构专用 | 申港证券股份有限 | | | | | | | 公司山东分公司 | | 10.00 | 1211.70 | 121.17 | -7.09 | 机构专用 | 申港证券股份有限 | | | | | | | 公司山东分公司 | | 7.00 | 848.19 | 121.17 | -7.09 | 瑞银证券有限责任公司上海 | 申港证券股份有限 | | | | | | 花园石桥路证券营业部 | 公司湖北分公司 | | 6.00 | 727.02 | 121.17 | -7.09 | 机构专用 | 申港证券股份有限 | | | | | | | 公司山东分公司 | | 5.34 | 647.05 | 121.17 | -7.09 | 中信证券股份有限公司总部 | 申港证 ...