证券代码：688521 证券简称：芯原股份 公告编号：2024-049 芯原微电子（上海）股份有限公司 关于增设首席战略官、首席运营官职务 并修订《公司章程》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、准确性和完整性依法承担法律责任。 | 修订前 | 修订后 | | --- | --- | | 第十一条 本章程所称其他高级管理人员是 | 第十一条 本章程所称其他高级管理人员是 | | 指公司的副总裁、首席财务官和董事会秘书。 | 指公司的首席战略官、首席运营官、首席财务 | | | 官、副总裁、董事会秘书和公司董事会认定的 | | | 其他高级管理人员。 | | 第一百二十二条 董事会行使下列职权： | 第一百二十二条 董事会行使下列职权： | | (十) 决定聘任或者解聘公司总裁、董事会秘书 | (十) 决定聘任或者解聘公司总裁、董事会秘书 | | 及其他高级管理人员，并决定其报酬事项和奖 | 及其他高级管理人员，并决定其报酬事项和奖 | | 惩事项；根据总裁的提名，决定聘任或者解聘 | 惩事项；根据总裁的提名，决定聘任或者解聘 | | 公司 ...

证券代码：688521 证券简称：芯原股份 公告编号：2024-045 芯原微电子（上海）股份有限公司 关于 2020 年限制性股票激励计划 部分限制性股票归属结果暨股份上市的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为 443,850 股。 本次股票上市流通总数为 443,850 股。 本次股票上市流通日期为 2024 年 11 月 27 日。 根据中国证监会、上海证券交易所、中国证券登记结算有限责任公司上海分公 司有关业务规则的规定，公司 2020 年限制性股票激励计划部分限制性股票归属于 2024 年 11 月 20 日完成归属登记手续，已收到中国证券登记结算有限责任公司上 海分公司出具的《证券变更登记证明》。现将有关情况公告如下： 一、 本次限制性股票归属的决策程序及相关信息披露 1、2020 年 12 月 2 日，公司召开第一届董事会第十四次会议，审议通过了《关 于审议<芯原微电子（上海）股份有限公司 2020 年限制性股票激 ...

证券代码：688521 证券简称：芯原股份 公告编号：2024-044 芯原微电子（上海）股份有限公司 2024 年第二次临时股东大会决议公告 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。 重要内容提示： 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：2024 年 11 月 15 日 （二） 股东大会召开的地点：上海市浦东新区张江高科技园区松涛路 560 号张 江大厦 20 楼芯原股份会议室 （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 | 188 | | --- | --- | | 普通股股东人数 | 188 | | 2、出席会议的股东所持有的表决权数量 | 112,385,685 | | 普通股股东所持有表决权数量 | 112,385,685 | | 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 | 27.2372 | | 比例（%） | | | 普通股股东所持有表决权数量占公司表决权数 ...

27/F，North Tower, Beijing Kerry Centre 1 Guanghua Road, Chaoyang District Beijing 100020, PRC 上海市方达（北京）律师事务所 FANGDA PARTNERS http://www.fangdalaw.com 中国北京市朝阳区光华路一号 电子邮件 E-mail: email@fangdalaw.com 北京嘉里中心北楼 27 层 电 话 Tel.: 86-10-5769-5600 邮政编码：100020 传 真 Fax: 86-10-5769-5788 关于芯原微电子（上海）股份有限公司 2024 年第二次临时股东大会的法律意见书 致：芯原微电子（上海）股份有限公司 上海市方达（北京）律师事务所（以下简称"本所"）是具有中华人民共和国 境内法律执业资格的律师事务所。根据相关法律顾问协议，本所指派律师出席芯 原微电子（上海）股份有限公司（以下简称"公司"）2024 年第二次临时股东大会 （以下简称"本次股东大会"），并就本次股东大会的召集和召开程序、参与表决 和召集会议人员的资格、表决程序和表决结果等有关事宜出具本法律意见 ...

Company Overview - Chip原 is a semiconductor company providing platform-based, comprehensive, and one-stop chip customization and IP licensing services, with a focus on six types of processors: GPU IP, NPU IP, VPU IP, DSP IP, ISP IP, and Display Processor IP, along with over 1,600 mixed-signal and RF IPs [2] - The company has developed solutions for various AI applications, including smartwatches, AR/VR glasses, AI PCs, smart cars, and data centers [2] Market Position - Chip原 ranks first in China and eighth globally in the semiconductor IP licensing market, with its licensing revenue ranking sixth worldwide in 2023 [3] - The company’s IP types are among the top ten globally, indicating strong market presence [3] Financial Performance - In Q3 2024, Chip原 reported a revenue of 718 million CNY, a quarter-on-quarter increase of 16.96% and a year-on-year increase of 23.60% [3] - The company signed new orders worth 648 million CNY in Q3 2024, maintaining a high order backlog of 2.138 billion CNY, with 78.26% expected to convert to revenue within a year [3] Growth Areas - Revenue growth in Q1-Q3 2024 was notable in data processing (72.61% YoY), automotive electronics (50.19% YoY), and computing peripherals (42.86% YoY), with respective revenue shares of 22.78%, 10.43%, and 14.27% [4] Technological Advancements - Chip原 is transitioning from SoC to SiP technology, focusing on Chiplet architecture to enhance performance and reduce costs [4] - The company has successfully designed high-end application processors based on Chiplet architecture and is collaborating with industry leaders to develop high-performance AI chips [4] RISC-V Ecosystem Development - Chip原 is actively involved in the RISC-V ecosystem, having established the China RISC-V Industry Alliance with 195 member units as of September 2024 [5] - The company promotes RISC-V applications across various sectors, including consumer electronics and automotive, and has launched initiatives to foster talent in this area [5] Talent Acquisition and Development - As of Q3 2024, Chip原 has 1,799 R&D personnel, accounting for 89.46% of its workforce, emphasizing the importance of talent in the semiconductor industry [6] - The company focuses on recruiting graduates from top universities, with 94% of new hires in 2023 holding master's degrees from 985 and 211 institutions [6]

关于《芯原微电子(上海) 股份有限公司股票交易异 常波动征询函》的回函 (以下无正文) 芯原微电子(上海)股份有限公司: (本页无正文，为《关于<芯原微电子(上海）股份有限公司股票交 本公司已收到公司发来的《关于芯原微电子(上海)股份有限公 司股票异常波动征询函》,经自查确认，现回复如下: 本公司作为公司的第一大股东,不存在影响公司股票交易价格异 常波动的重大事宜;不存在可能导致公司股权发生变化的事项;为筹 划并购重组、股份发行、债务重组、业务重组、资产剥离和资产注入 等对公司股票交易价格产生较大影响的重大事项。 特此回复。 易异常波动征询函>的回函》的签署页) 第一大股东(盖章):VeriSilicon Limited 2024 年 11 月 12 日 ...

股票交易异常波动公告 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、准确性和完整性依法承担法律责任。 证券代码：688521 证券简称：芯原股份 公告编号：2024-043 芯原微电子（上海）股份有限公司 重要内容提示： 芯原微电子（上海）股份有限公司（以下简称"芯原股份"或"公司"）股票 交易连续三个交易日内（2024 年 11 月 8 日、11 月 11 日及 11 月 12 日）收盘价 格涨幅偏离值累计超过 30%，根据《上海证券交易所交易规则》《上海证券交易 所科创板股票异常交易实时监控细则》的有关规定，属于股票交易异常波动的情 形。 经公司自查并向公司第一大股东 VeriSilicon Limited 发函确认，截至本公 告披露日，公司及第一大股东不存在影响公司股票交易异常波动的重大事项，亦 不存在其他应披露而未披露的重大信息，包括但不限于正在筹划涉及本公司的并 购重组、股份发行、债务重组、业务重组、资产剥离和资产注入等重大事项。公 司目前日常经营情况正常，未发生重大变化。 一、股票交易异常波动的具体情况 公司股票交易连续三个交易日内（2024 ...

证券代码：688521 证券简称：芯原股份 芯原微电子（上海）股份有限公司 2024 年第二次临时股东大会会议材料 二〇二四年十一月 目 录 | 芯原微电子（上海）股份有限公司 | 2024 | 年第二次临时股东大会会议须知 2 | | --- | --- | --- | | 芯原微电子（上海）股份有限公司 | 2024 | 年第二次临时股东大会会议议程 4 | | 芯原微电子（上海）股份有限公司 | 2024 | 年第二次临时股东大会会议议案 6 | | 议案一 关于增加日常关联交易预计额度的议案 | | 6 | 1 二、出席会议的股东及股东代理人须在会议召开前 30 分钟到会议现场办理 签到手续，并请按规定出示股东账户卡或其他有效股权证明原件、身份证件或营 业执照/注册证书原件及复印件（加盖公章）、授权委托书等，经验证后领取会议 资料，方可出席会议。会议开始后，由会议主持人宣布现场出席会议的股东人数 及其所持有表决权的股份总数，在此之后进场的股东无权参与现场投票表决。 三、会议按照会议通知上所列顺序审议、表决议案。 芯原微电子（上海）股份有限公司 2024 年第二次临时股东大会会议须知 为了维护芯原微电子 ...

Company and Industry Summary Company Overview - The company has maintained a growth trend since its IPO in 2020, achieving a 35% increase in volume business revenue and a 42% increase in total revenue in 2021 despite industry challenges [1] - In 2022, the company continued to grow with a 25% revenue increase, even as the global white goods industry slowed down [1] - The company reported a profitable trend in the first half of 2023, but faced revenue fluctuations in the second half due to customer order delays [1] Key Financial Metrics - The company signed new orders worth 648 million yuan in Q3 2023, maintaining a high order backlog of 2.138 billion yuan, with 78% expected to convert in the next four quarters [2] - Q3 2023 revenue reached 718 million yuan, representing a year-over-year growth of 23.6% and a quarter-over-quarter growth of 16.96% [2] - License revenue in Q3 2023 was 218 million yuan, a year-over-year increase of 37%, with a total of 478 million yuan in license revenue for the first three quarters, up 8.78% year-over-year [2] Business Segments - AI-related license revenue accounted for nearly half of the total license revenue, with 232 million yuan reported in the first three quarters [3] - The company’s royalty income for the first three quarters was 75 million yuan, with Q3 royalty income at 24.66 million yuan [3] - Custom design business revenue in Q3 was 238 million yuan, a quarter-over-quarter increase of 23%, with total revenue for the first three quarters at 518 million yuan, up 37.02% year-over-year [4] Advanced Process Projects - In 2023, 96% of NRE (Non-Recurring Engineering) revenue came from advanced process projects below 28nm, with 86% from projects below 14nm [4] - The company shipped 104 chips in the first three quarters, with 32 design projects awaiting mass production [4] - New orders in the volume business reached 597 million yuan, a year-over-year increase of over three times [4] Profitability and R&D Investment - The company narrowed its losses in Q3 by over 45 million yuan, indicating improved profitability due to revenue growth [5] - R&D investment remained significant, accounting for over 30% of revenue, specifically 43.38% in Q3 [5] Market Trends and Economic Outlook - The company’s performance has outpaced major indices, with a cumulative increase of over 41% compared to the STAR Market [7] - The macroeconomic environment is shifting, with expectations of a long-term bull market driven by new productive forces, particularly in AI and advanced technologies [6][8] - The company is actively pursuing an A-share private placement to raise 1.808 billion yuan, focusing on AIGC and autonomous driving projects [28] Regulatory Environment - Recent regulatory changes favor light-asset, high-R&D companies, allowing for a higher proportion of funds to be used for working capital [29] - The company is in compliance with new standards set by regulators, which is expected to facilitate its funding efforts [29] Conclusion - The company is positioned well within the semiconductor and AI sectors, showing strong revenue growth and a solid order backlog. Continued investment in R&D and adaptation to regulatory changes will be crucial for maintaining its competitive edge in the evolving market landscape.

Investment Rating - Maintain "Recommend" rating [1][3] Core Views - Revenue growth is steady, with continued R&D investment [1] - The semiconductor industry is gradually recovering, and performance continues to improve [1] - The company is expanding its global R&D layout and advancing AI applications [1] - Collaborating with international giants, covering diverse markets [1] - Adjusted earnings forecast for 2024/2025/2026, with expected net profit of -376/2/177 million yuan respectively [1] Financial Performance - 2024 Q3 revenue: 718 million yuan, up 23.60% YoY and 16.96% QoQ [1] - 2024 Q3 net profit: -111 million yuan, mainly due to increased R&D expenses [1] - 2024 Q3 gross margin: 40.07%, up 5.28 percentage points YoY [1] - 2024 Q1-Q3 revenue: 1.65 billion yuan, down 6.50% YoY [1] - 2024 Q1-Q3 net profit: -396 million yuan [1] R&D and Technology - Established seven R&D centers in China and the US [1] - Key R&D projects include high-performance GPU, video processor, and neural network processor technologies [1] - GPU technology supports 16~32TFLOPs FP32 computing power and 128~1536Texel/cycle texture processing [1] - Video processor technology focuses on next-generation video codec architecture [1] - Neural network processor technology supports PyTorch and TensorFlow for AI applications [1] Market and Clients - Serves leading companies such as Samsung, Google, Amazon, Microsoft, Baidu, Tencent, and Alibaba [1] - Unique business model enables flexible services for diverse client groups [1] - Strong potential for market expansion due to advanced chip customization and IP portfolio [1] Financial Forecasts - 2024/2025/2026 revenue forecast: 2,433/3,170/4,014 million yuan [2][4] - 2024/2025/2026 net profit forecast: -376/2/177 million yuan [2][4] - 2024/2025/2026 PS ratio: 8.2/6.3/5.0 [1][4] - 2024/2025/2026 EPS: -0.75/0.00/0.35 yuan [2][4] Key Financial Metrics - 2024E gross margin: 43.62% [4] - 2024E net profit margin: -15.47% [4] - 2024E ROA: -8.62% [4] - 2024E ROE: -16.19% [4] - 2024E current ratio: 2.70 [4] - 2024E quick ratio: 2.17 [4]