Core Viewpoint - Huaxi Fund Management Co., Ltd. will adopt the "index income method" for valuing suspended stocks, specifically Chip Origin Technology Co., Ltd. (stock code: 688521), starting from September 3, 2025 [1] Group 1 - The valuation method change is in accordance with the guidelines set by the China Securities Regulatory Commission [1] - The company will consult with the fund custodian and consider various influencing factors before reverting to the closing price valuation method once the stock resumes trading and shows active market characteristics [1] - Investors can contact the company through its customer service hotline or visit its official website for more information [1]

Group 1 - The China Securities Regulatory Commission has issued guidelines regarding the valuation of securities investment funds, specifically referencing the "Index Income Method" for valuation [1] - Starting from September 3, 2025, Shanghai Guotai Junan Securities Asset Management Co., Ltd. will apply the "Index Income Method" for the valuation of its securities investment funds holding "Chip Original Co., Ltd." (stock code: 688521) [1] - The valuation method will revert to using the closing price on the day of trading once the stock resumes trading and demonstrates active market trading characteristics, with no further announcements required [1]

Core Viewpoint - The company is planning to issue shares and pay cash to acquire equity in Chipwise Semiconductor Technology (Shanghai) Co., Ltd, while also raising supporting funds for this transaction [1][2]. Group 1 - The company has applied for a trading suspension of its stock (stock abbreviation: Chip Original, stock code: 688521) starting from August 29, 2025, for a period not exceeding 10 trading days due to the ongoing planning of the transaction [1]. - As of the announcement date, the company and relevant parties are actively advancing the transaction, but uncertainties remain, leading to a continued suspension of trading from September 5, 2025, for a period not exceeding 5 trading days [2]. - The company will fulfill its information disclosure obligations in a timely manner based on the progress of the transaction and will strictly adhere to legal and regulatory requirements [2].

芯原微电子（上海）股份有限公司 关于筹划发行股份及支付现金购买资产事项的 停牌进展公告 事项尚存在不确定性，敬请广大投资者关注公司后续公告并注意投资风险。 证券代码：688521 证券简称：芯原股份 公告编号：2025-053 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。 芯原微电子（上海）股份有限公司（以下简称"公司"、"本公司"）正在筹划 以发行股份及支付现金方式购买芯来智融半导体科技（上海）有限公司股权，同 时拟募集配套资金（以下简称"本次交易"）。 鉴于该事项尚处于筹划阶段，存在不确定性，为保证公平信息披露，维护投 资者利益，避免造成公司股价异常波动，经公司向上海证券交易所申请，本公司 股票（股票简称：芯原股份，证券代码：688521）于 2025 年 8 月 29 日（星期五） 开市起停牌，预计不超过 10 个交易日。具体情况详见公司于 2025 年 8 月 29 日 发布于上海证券交易所网站（www.sse.com.cn）上的《关于筹划发行股份及支付 现金购买资产事项的停牌公告》（公告编号：2025-052）。 ...

芯原微电子（上海）股份有限公司发布停牌进展公告。公司正筹划以发行股份及支付现金方式购买芯来 智融半导体科技（上海）有限公司股权并拟募集配套资金。公司股票于2025年某星期五开市起停牌，预 计不超若干交易日。截至公告披露日，相关工作正积极推进。因交易存在不确定性，为维护投资者利 益，避免股价异常波动，股票自2025年某星期五开市起继续停牌，继续停牌不超若干交易日。停牌期间 公司将及时披露进展，严格推进各项工作，申请复牌。交易事项尚不确定，提醒投资者关注后续公告及 风险。 ...

Core Viewpoint - Chip Origin Co., Ltd. (688521.SH) is actively advancing its ongoing transaction, but uncertainties remain, leading to a stock suspension to protect investor interests [1] Group 1 - The company announced that its stock will continue to be suspended from trading starting September 5, 2025, for no more than five trading days [1] - During the suspension period, the company will fulfill its information disclosure obligations based on the progress of the transaction [1] - The company is committed to strictly following legal regulations and necessary procedures to expedite the transaction planning [1]

Core Viewpoint - China Resources Yuanda Fund Management Co., Ltd. announced an adjustment to the valuation method for suspended stocks held by its funds, specifically using the index yield method for "Chip Origin Technology" (stock code: 688521) starting from September 3, 2025 [1] Group 1 - The adjustment in valuation method was made in agreement with the fund custodian [1] - The company will revert to market price valuation once the stock resumes trading and exhibits active market trading characteristics, without further announcements [1]

Core Viewpoint - Ping An Fund Management Co., Ltd. announced an adjustment in the valuation of its securities investment funds, specifically regarding the stock of Chipone Technology Co., Ltd. (stock code 688521) starting from September 3, 2025 [1] Group 1 - The company will adopt the "index income method" for valuing the stocks held in its securities investment funds, excluding ETFs [1] - For ETF-linked funds, the valuation will consider the adjustment factors of the aforementioned stock based on the net asset value of the ETF on that day [1] - The valuation method will revert to using the closing price once the stock resumes trading and exhibits active market trading characteristics, without further announcements [1]

中国经济网北京9月4日讯 今日，广发基金管理有限公司发布关于公司旗下部分基金估值调整情况的公 告。 公告称，自2025年9月3日起，广发基金管理有限公司对旗下基金（ETF 除外）持有的"芯原股份"（股票 代码：688521）、"中芯国际"（股票代码：688981）按指数收益法进行估值调整。同时，对ETF联接基 金持有的相关标的ETF，考虑上述股票估值调整因素对标的ETF份额净值的影响后，按当日调整后的份 额净值进行估值。 ...

Group 1: Industry Performance - The semiconductor industry demonstrated resilience in the first half of the year, driven by domestic substitution and market recovery, with leading wafer manufacturers like SMIC and Hua Hong maintaining full production [1] - The overall revenue of the semiconductor industry increased by 15.54% year-on-year, while net profit attributable to shareholders grew by 32.41% [2] - Among 165 listed semiconductor companies, 120 reported profits, and 100 companies saw year-on-year net profit growth [2] Group 2: Company Highlights - Cambrian achieved a revenue of 2.881 billion yuan, a staggering year-on-year growth of 4347.82%, and a net profit of 1.038 billion yuan, reversing a loss from the previous year [2] - Haiguang Information reported a revenue of 5.464 billion yuan, up 45.21% year-on-year, and a net profit of 1.201 billion yuan, marking its first half-year net profit exceeding 1 billion yuan [3] - Other companies like Longji Technology, Shengyi Electronics, and Yuntian Lifeng are seizing opportunities in advanced packaging, AI materials, and optical communication, contributing to a diversified growth landscape [3] Group 3: Equipment Sector Growth - Domestic semiconductor equipment companies are actively expanding production capacity in response to surging demand from generative AI [4] - Zhongwei's plasma etching equipment sales increased by approximately 40% year-on-year, accounting for over 75% of total revenue, with plans to cover 50%-60% of high-end equipment in the next 5 to 10 years [4] - Shengmei Shanghai reported nearly 40% quarter-on-quarter revenue growth, driven by strong demand in logic and storage chip sectors [5] Group 4: Mergers and Acquisitions - The semiconductor industry is experiencing a wave of mergers and acquisitions, supported by new policies that encourage cross-industry mergers [6] - In the first half of 2025, Northern Huachuang completed the acquisition of Xinyuan Micro, enhancing its product line in semiconductor equipment [6] - Companies like Guokewai and Xindao Technology are actively pursuing acquisitions to strengthen their market position and enhance competitiveness [7]