芯原微电子（上海）股份有限公司 关联交易管理制度 （2025 年 7 月修订，待公司股东大会审议通过） 二○二五年七月 芯原微电子（上海）股份有限公司 关联交易管理制度 第一章 总则 第一条 为规范芯原微电子（上海）股份有限公司（以下简称"公司"）的关 联交易行为，保护投资者特别是中小投资者的合法权益，根据《中华人民共和国 公司法》、《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股票 上市规则》（以下简称"《科创板上市规则》"）、《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5 号——交易与关联交易》等有关法律、法规、规范性文件以及《芯原微电子（上 海）股份有限公司章程》（以下简称"公司章程"）的规定，并结合公司的实际情况 制定本制度。 第二条 公司发生关联交易，应当保证关联交易的合法性、必要性、合理性 和公允性，保持公司的独立性。公司关联交易应当具有商业实质、定价公允、决 策程序合规、信息披露规范。公司应当积极通过资产重组、整体上市等方式减少 关联交易。 公司应当与关联方就关联交易签订书面协议。关联交易协议的签订应遵循平 等、自愿、等 ...

芯原股份公告，公司拟以2300万元至3000万元资金回购股份，回购价格不超过120元/股。本次回购股份 将全部用于实施员工持股计划或股权激励，预计回购股份数量为19.17万股至25万股，占公司总股本的 0.0365%-0.0476%。回购期限为董事会审议通过之日起12个月内，资金来源为公司自有资金。回购旨在 增强投资者信心，促进公司长期稳定发展。 ...

沪深两市全天主力资金净流出381.11亿元，其中，科创板主力资金净流出9.78亿元，主力资金净流入的 有259只股，主力资金净流出的有330只股。 证券时报•数据宝统计显示，今日科创板个股上涨的有358只，涨停的有上纬新材、之江生物等2只，下 跌的有219只。其中，上市5日内的有屹唐股份等，今日跌幅较高的有屹唐股份，跌幅为1.86%。 从主力资金连续性进行观察，共有53只个股主力资金连续3个交易日以上持续净流入，连续净流入天数 最多的是龙软科技、天德钰等2只股，主力资金均连续净流入6天。主力资金连续流出的个股有125只， 连续流出天数最多的是广大特材，该股已连续16个交易日净流出；连续净流出天数较多的还有南芯科 技、*ST观典等，主力资金分别连续流出14天、11天。（数据宝） 主力资金净流入排名 | 代码 | 简称 | 主力资金净流入（万元） | 主力资金流入率（%） | 涨跌幅（%） | 换手率（%） | | --- | --- | --- | --- | --- | --- | | 688256 | 寒武纪 | 19329.01 | 5.26 | 2.00 | 1.56 | | 688336 | 三生国健 ...

Industry Overview - The fifth RISC-V China Summit will be held from July 16 to 19, 2025, in Shanghai, featuring a main forum, nine vertical sub-forums, five workshops, and 11 concurrent activities, along with a 4,500 square meter future technology exhibition area [1] - The event is expected to attract nearly 2,000 domestic and international professional attendees, with 80% from the industry, and online coverage reaching over 500,000 industry participants [1] - RISC-V architecture is rapidly rising as one of the three major instruction set architectures globally, with advantages such as being open-source, flexible in design, and low power consumption [1] - It is predicted that the compound annual growth rate of RISC-V architecture product shipments will exceed 40% by 2030 [1] - The development of RISC-V in China is reflected in software, applications, and developer ecosystems, presenting an opportunity for domestic chips to leapfrog competitors [1] Company Insights - Chipone Technology is a leading company focused on semiconductor IP licensing and chip customization services, playing a core role in the RISC-V ecosystem [2] - Newclean is positioned as a high-performance power semiconductor supplier, investing in the RISC-V ecosystem to achieve a strategic upgrade from discrete devices to "smart integration" [2] - Goke Microelectronics has independently developed the CRV7 multi-core processor, achieving cloud security chip performance of 200 Gbps and winning projects from state-owned banks, indicating clear potential for domestic substitution [2]

Core Insights - Chipone Technology has successfully established itself as a leading player in the semiconductor IP industry, being recognized as "China's first semiconductor IP stock" after its listing on the STAR Market in August 2020 [1][2] - The company has achieved significant milestones, including being included in the STAR 50 index and successfully completing a refinancing issuance under the "light asset, high R&D investment" recognition standard [1][3] - As of the end of Q1 2025, Chipone's order backlog reached a record high of 2.456 billion yuan, maintaining a high level for six consecutive quarters, indicating strong demand and growth potential [1][3] Company Development - Chipone Technology was founded in 2001 and has evolved from providing standard cell libraries to offering comprehensive chip customization services and semiconductor IP licensing [2] - The company initially aimed for a NASDAQ listing but chose to return to the Chinese capital market, benefiting from the reforms and growth prospects of the STAR Market [2] R&D and Market Position - Chipone ranks first in China and eighth globally in semiconductor IP licensing revenue as of 2024, with a strong focus on high R&D investment, maintaining over 30% of revenue allocated to R&D from 2020 to 2024 [3][4] - The company has successfully developed 5nm system-on-chip (SoC) technology and is executing multiple projects in the 4nm/5nm range, showcasing its advanced design capabilities [3] Strategic Growth and Financing - The recent A-share private placement marks a significant step for Chipone, allowing for more flexible fund allocation towards R&D and innovation, which is crucial for maintaining competitive advantages [4][5] - The company is also exploring mergers and acquisitions to enhance its industry position and foster ecosystem development, leveraging its status as a leading semiconductor IP provider [5][6] AI and Chiplet Technology - The rise of artificial intelligence has created substantial demand for high-performance chips, particularly in the AI ASIC sector, where Chipone has made significant advancements [6][7] - Chipone's neural network processor (NPU) IP has been adopted in 142 AI chip models across various sectors, including servers and automotive, with over 100 million units shipped [6][7] - The company has been proactive in developing Chiplet technology, which allows for modular integration of chips, enhancing performance while balancing costs, particularly in cloud AI and high-end automotive applications [8]

Market Overview - The net outflow of main funds in the Shanghai and Shenzhen markets reached 38.536 billion yuan, with the Sci-Tech Innovation Board experiencing a net outflow of 3.036 billion yuan [1] - A total of 202 stocks saw net inflows, while 385 stocks experienced net outflows [1] Sci-Tech Innovation Board Performance - On the Sci-Tech Innovation Board, 180 stocks rose, with three stocks hitting the daily limit, while 403 stocks declined [1] - The stock with the highest net outflow was Cambrian, which saw a net outflow of 229 million yuan and a decline of 1.43% [1] Fund Flow Analysis - Among the stocks with net inflows, the top three were Hotgen Biotech with a net inflow of 129.6752 million yuan, followed by Huyou Pharmaceutical and Daqo New Energy with inflows of 59.8489 million yuan and 56.8139 million yuan respectively [2] - A total of 35 stocks have seen continuous net inflows for more than three trading days, with Baili Tianheng leading at 11 consecutive days of inflow [2] Continuous Fund Flow - The stock with the longest continuous net outflow is Guangda Special Materials, which has seen outflows for 13 consecutive trading days [2] - The continuous inflow and outflow trends indicate investor sentiment and potential future performance of these stocks [2] Key Stocks and Their Performance - The top stocks by net inflow include: - Hotgen Biotech: 129.6752 million yuan, 5.97% increase - Huyou Pharmaceutical: 59.8489 million yuan, 2.93% increase - Daqo New Energy: 56.8139 million yuan, 0.75% increase [2][3] - Stocks with significant net outflows include: - Cambrian: 229 million yuan, 1.43% decrease - Chipone: 182 million yuan, 1.34% decrease [1][2] Summary of Stock Movements - The overall market sentiment appears cautious, with significant outflows from certain stocks indicating potential concerns among investors [1][2] - The performance of stocks on the Sci-Tech Innovation Board reflects a mixed sentiment, with some stocks gaining traction while others face declines [1][2]

Group 1 - The A-share market's three major indices closed mixed, with the STAR Market 50 Index (STAR 50) down by 0.89% to 983.11 points, with a trading volume of 20.414 billion yuan [1] - The STAR 50 Index has seen a slight increase of 0.03% over the past month, a rise of 5.52% over the past three months, and a year-to-date increase of 0.30% [1] - The STAR 50 Index consists of 50 securities from the STAR Market with high market capitalization and liquidity, reflecting the overall performance of representative STAR enterprises [1] Group 2 - The top ten weighted stocks in the STAR 50 Index include: SMIC (10.33%), Haiguang Information (8.51%), Cambricon (7.57%), Lattice Semiconductor (6.34%), Zhongwei Company (5.39%), United Imaging (4.23%), Kingsoft Office (4.22%), Transsion Holdings (2.35%), Ninebot (2.26%), and Chipone (2.19%) [1] - The STAR 50 Index is entirely composed of stocks listed on the Shanghai Stock Exchange, with a sector breakdown showing 68.83% in Information Technology, 11.80% in Healthcare, 11.66% in Industrials, 4.39% in Consumer Discretionary, 2.66% in Materials, and 0.66% in Consumer Staples [2] - The STAR 50 Index undergoes quarterly adjustments, with changes implemented on the next trading day following the second Friday of March, June, September, and December, with a maximum adjustment of 10% [2]

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index decreased by 0.53% as of July 9, 2025, with mixed performance among constituent stocks [1] - The leading stocks included Weichuangxin up by 4.06%, Chip Source Micro up by 2.17%, and Naxin Micro up by 1.01%, while Anji Technology led the decline [1] - The Sci-Tech Chip ETF (588200) underwent a downward adjustment [1] Group 2 - The Sci-Tech Chip ETF had a turnover rate of 1.4% and a transaction volume of 396 million yuan during the trading session [3] - Over the past year, the average daily transaction volume of the Sci-Tech Chip ETF was 2.337 billion yuan, ranking first among comparable funds [3] - The latest scale of the Sci-Tech Chip ETF reached 28.432 billion yuan, marking a six-month high and also ranking first among comparable funds [3] - The ETF saw a net inflow of 100 million yuan recently, with a total of 455 million yuan net inflow over the last five trading days [3] - The latest financing buy-in amount for the ETF was 94.48 million yuan, with a financing balance of 1.49 billion yuan [3] - The net value of the Sci-Tech Chip ETF increased by 66.77% over the past year, ranking first among comparable funds [3] Group 3 - As of July 7, 2025, 49 listed companies had disclosed mid-year performance forecasts, with 37 companies expecting profit increases [4] - Semiconductor companies on the Sci-Tech Board, such as Tai Ling Micro and Chip Motion Technology, forecast significant profit growth for the first half of 2025 [4] - According to SEMI data, global semiconductor wafer manufacturers are accelerating capacity expansion to meet the rising demand from generative AI applications, with a projected 7% CAGR increase in 300mm capacity from 2024 to 2028 [4] - The Shanghai Stock Exchange has accepted IPO applications from domestic GPU companies, indicating a supportive environment for the AI semiconductor industry [4] Group 4 - The top ten weighted stocks in the Sci-Tech Chip Index as of June 30, 2025, included SMIC, Haiguang Information, and Cambrian, collectively accounting for 57.76% of the index [4] - The performance of individual stocks within the top ten showed slight declines, with SMIC down by 0.51% and Haiguang Information down by 0.31% [6] - Investors without stock accounts can access domestic chip investment opportunities through the Sci-Tech Chip ETF linked fund (017470) [6]

Group 1: Policy and Industry Trends - The Shanghai Stock Exchange has initiated a series of promotional activities for the "1+6" policy of the Sci-Tech Innovation Board, aiming to enhance support for local economic development and technological innovation [1][2] - The introduction of the "1+6" policy has significantly boosted the confidence of equity investment institutions and technology entrepreneurs, promoting a virtuous cycle of "technology-industry-capital" [1][2] - Recent IPO approvals for several unprofitable companies and the first IPO under the fifth set of standards reflect the determination of the reforms and further stabilize market expectations [1][2] Group 2: Market Performance and Fund Flows - The overall performance of the Sci-Tech Innovation Board has seen a decline, with the Sci-Tech 50 Index dropping by 0.35% in the past week, while the biotech sector experienced significant gains [3][4] - The top five industries on the Sci-Tech Innovation Board, including electronics, biomedicine, computers, power equipment, and machinery, account for 87.2% of the total market capitalization [4] - ETFs tracking the Sci-Tech Innovation Board saw a net inflow of 3.36 billion yuan last week, although there has been a net outflow of 16.57 billion yuan since the beginning of the year [4] Group 3: Sector Insights - The new generation information technology sector is primarily focused on the electronic chip industry, with major tech companies investing heavily in AI infrastructure, indicating a surge in demand for computing power [5][6] - The high-end equipment manufacturing sector is expected to benefit from policy support aimed at enhancing the competitiveness of China's manufacturing industry, particularly in marine technology and intelligent vessels [6] - Recent policies in the pharmaceutical sector aim to support the high-quality development of innovative drugs, with a comprehensive support system being established for drug research, approval, and insurance coverage [7]

Group 1: Patent Application - Chip Origin Microelectronics (Chengdu) Co., Ltd. and its affiliated companies have applied for a patent titled "A Linear Voltage Regulator and Electronic Device," published under CN120255636A, with an application date of March 2025 [1] - The patent involves a linear voltage regulator that includes an internal power module, FVF output stage, and control module, aimed at providing stable output voltage despite variations in power supply and load [1] Group 2: Company Overview - Chip Origin Microelectronics (Chengdu) Co., Ltd. was established in 2013, has a registered capital of 20 million RMB, and has participated in 3 bidding projects with 141 patent records [2] - Chip Origin Microelectronics (Shanghai) Co., Ltd. was founded in 2001, has a registered capital of approximately 499.91 million RMB, has invested in 20 companies, participated in 68 bidding projects, and holds 226 patents [2] - Chip Origin Microelectronics (Hainan) Co., Ltd. was established in 2020, has a registered capital of 50 million RMB, and has participated in 3 bidding projects with 88 patent records [3] - Chip Origin Microelectronics (Nanjing) Co., Ltd. was founded in 2020, has a registered capital of 100 million RMB, and holds 134 patents [3] - Chip Origin Technology (Shanghai) Co., Ltd. was established in 2021, has a registered capital of 50 million RMB, and has participated in 2 bidding projects with 96 patent records [3]