证券代码：688525 证券简称：佰维存储 公告编号：2025-061 深圳佰维存储科技股份有限公司 关于股份回购事项前十大股东和前十大无限售条件股 东持股情况的公告 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。 深圳佰维存储科技股份有限公司（以下简称"公司"）于 2025 年 8 月 8 日 召开第四届董事会第三次会议，审议通过《关于第二次以集中竞价交易方式回购 股份方案的议案》，具体内容详见公司于 2025 年 8 月 11 日披露于上海证券交易 所网站（www.sse.com.cn）的《关于第二次以集中竞价交易方式回购股份的预案》。 本次回购 A 股股份方案尚需提交于 2025 年 9 月 5 日召开的公司 2025 年第二次 临时股东会审议。 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，现将公司 2025 年第二次临时股东会的股权登 记日（即 2025 年 8 月 29 日）登记在册的前十名股东和前十名无限售条件股东的 名称、持股数量和持股比例情况公告如下： ...

Core Points - The company is holding its second extraordinary general meeting of shareholders in 2025 to discuss various proposals and ensure the rights of shareholders are protected [1][2] - The meeting will include a combination of on-site and online voting, with specific time frames for each voting method [5][6] - The company plans to appoint Tianjian Accounting Firm as its auditor for the 2025 fiscal year, with a total fee of 800,000 RMB, including 600,000 RMB for financial report auditing and 200,000 RMB for internal control auditing [6][8] Proposal Summaries - Proposal 1: The company seeks to renew the appointment of Tianjian Accounting Firm as the auditor for the 2025 fiscal year, emphasizing the firm's qualifications and service quality [6][8] - Proposal 2: The company proposes a share buyback plan through centralized bidding, aiming to enhance shareholder value and confidence, with a buyback budget ranging from 20 million to 40 million RMB, targeting the repurchase of approximately 204,290 to 408,580 shares [7][8] - Proposal 3: The company intends to adjust the financial assistance provided to its subsidiary, increasing the borrowing limit from 100 million RMB to 300 million RMB, while maintaining the same interest rate and borrowing terms [9][10]

深圳佰维存储科技股份有限公司 2025 年第二次临时股东会会议资料 证券代码：688525 证券简称：佰维存储 深圳佰维存储科技股份有限公司 2025 年第二次临时股东会会议资料 2025 年 9 月 5 日 1 为维护广大投资者的合法权益，保障股东在本次股东会期间依法行使权利， 根据《中华人民共和国公司法》（下称《公司法》）、中国证券监督管理委员会 《上市公司股东会规则》和深圳佰维存储科技股份有限公司（下称"公司"）《股 东会议事规则》等有关规定，特制定本会议须知： 一、公司负责本次股东会的议程安排和会务工作，为确认出席会议的股东或 其代理人或其他出席者的出席资格，会议工作人员将对出席会议者的身份进行必 要的核对工作，请被核对者给予配合。 二、出席会议的股东及股东代理人须在会议召开前半小时到会议现场办理签 到手续，并按规定出示证券账户卡、身份证明文件或营业执照/注册证书复印件 （加盖公章）、授权委托书等，上述登记材料均需提供复印件一份，个人登记材 料复印件须个人签字，法定代表人证明文件复印件须加盖公司公章，经验证后方 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 ...

Group 1 - The core viewpoint of the article highlights the target price increases for several listed companies, with significant gains noted for Jinshiyuan, Narui Radar, and Zhonggang International, reflecting strong market confidence in these sectors [1][2]. - Jinshiyuan has a target price increase of 68.35%, with a latest rating of "Buy" from Huachuang Securities, indicating a strong bullish sentiment in the liquor industry [3][4]. - Narui Radar and Zhonggang International follow with target price increases of 46.71% and 45.19% respectively, both receiving "Buy" ratings from Huatai Securities, showcasing optimism in the military electronics and professional engineering sectors [3][4]. Group 2 - On August 26, a total of 157 listed companies received recommendations from securities firms, with Jinshiyuan receiving the highest number of recommendations at 7, followed by Yingjia Gongjiu and Anjiu Food with 5 each, indicating strong analyst support for these companies [4][5]. - The article also mentions four companies that received initial coverage on August 26, including Shengtian Network and Huamao Technology, both rated "Buy" by Changjiang Securities, reflecting new investment opportunities in the gaming and automotive parts industries [5][6].

Core Insights - On August 26, a total of 76 target price adjustments were made by brokerages for listed companies, with notable increases for companies such as Jinshiyuan, Narui Radar, and China Steel International, showing target price increases of 68.35%, 46.71%, and 45.19% respectively, across the liquor, military electronics, and professional engineering sectors [1][2]. Group 1: Target Price Increases - Jinshiyuan received a target price of 75.00 yuan with a target increase of 68.35% from Huachuang Securities [2]. - Narui Radar was assigned a target price of 71.86 yuan with a target increase of 46.71% from Huatai Securities [2]. - China Steel International has a target price of 9.80 yuan with a target increase of 45.19% from Huatai Securities [2]. - New Zhoubang has a target price of 65.40 yuan with a target increase of 44.56% from Dongwu Securities [2]. - Xiyue Co. has a target price of 28.57 yuan with a target increase of 39.98% from Guotai Haitong Securities [2]. Group 2: Brokerage Recommendations - A total of 157 listed companies received brokerage recommendations on August 26, with Jinshiyuan receiving 7 recommendations, Yingjia Gongjiu receiving 5, and Anjiu Food also receiving 5 [3][4]. - Yingjia Gongjiu has a closing price of 46.13 yuan and received 5 brokerage recommendations [4]. - Anjiu Food has a closing price of 76.08 yuan and received 5 brokerage recommendations [4]. Group 3: First Coverage - On August 26, 4 companies received first coverage from brokerages, including Shengtian Network and Huamao Technology, both rated "Buy" by Changjiang Securities [5]. - Jingbeifang received a "Buy" rating from Huaxi Securities [5]. - Liande Co. was given a "Strong Buy" rating by China Merchants Securities [5].

Group 1 - The stock price of Baiwei Storage closed at 69.92 yuan on August 26, 2025, down 0.31% from the previous trading day, with a trading volume of 198,976 lots and a transaction amount of 1.411 billion yuan [1] - Baiwei Storage focuses on the semiconductor memory sector, covering R&D design, packaging, and manufacturing, with products widely used in smart terminals, PCs, and smart vehicles, and has entered the supply chain of several well-known domestic and international brands [1] - The company disclosed that its R&D investment for 2024 will reach 447 million yuan, an increase of over 7 times compared to 2018 [1] Group 2 - In the smart wearable sector, Baiwei Storage's AI emerging edge-side revenue for 2024 is expected to exceed 1 billion yuan, representing a nearly 300% year-on-year growth [1] - The company has begun bulk deliveries of automotive-grade storage products to leading automotive manufacturers, and its enterprise storage products have also received certification from AI server manufacturers [1]

证券代码：688525 证券简称：佰维存储 公告编号： 2025-060 深圳佰维存储科技股份有限公司 关于参加 2025 年半年度科创板芯片设计行业 集体业绩说明会的公告 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： ? 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） ? 会议召开方式：上证路演中心图文展示和网络文字互动问答 ? 投资者可于 2025 年 9 月 1 日（星期一）至 9 月 5 日（星期五）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@biwin.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 深圳佰维存储科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 11 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度的经营成果、财务状况，公司计划于 2025 年 9 月 8 日（星期一）下午 体业绩说明会，就投 ...

华泰联合证券有限责任公司 关于深圳佰维存储科技股份有限公司 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 | 被保荐公司简称：深圳佰维存储科技股份有限公 | | --- | --- | | 司 | 司 | | 保荐代表人姓名：王天琦 | 联系电话：0755-81902000 | | 保荐代表人姓名：刘小东 | 联系电话：0755-81902000 | 根据《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"或"保荐人"）作为深圳佰维存储科技股份有限公司（以下简称"佰 维存储"、"公司"或"发行人"） 向特定对象发行 A 股股票的保荐人，对佰维 存储进行持续督导，并出具本持续督导跟踪报告。 一、保荐人和保荐代表人发现的问题及整改情况 无。 二、重大风险事项 本持续督导期间，公司面临的风险因素主要如下： （一）业绩大幅下滑或亏损的风险 2022 年以来，国际、国内形势多变，全球经济在局部地缘政治冲突、通胀 上升等一系列事件冲击下下行风险加剧，抑制了手机、PC 等消费电子需求，对 于半导体 ...

证券代码：688525 证券简称：佰维存储 公告编号： 2025-060 深圳佰维存储科技股份有限公司 关于参加 2025 年半年度科创板芯片设计行业 集体业绩说明会的公告 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： 会议召开时间：2025 年 9 月 8 日（星期一）下午 15:00-17:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心图文展示和网络文字互动问答 投资者可于 2025 年 9 月 1 日（星期一）至 9 月 5 日（星期五）16:00 前 登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 ir@biwin.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 深圳佰维存储科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 11 日发布公司 2 ...

Investment Rating - The report maintains an "Overweight" rating for the storage module industry, driven by AI-induced growth and improved supply dynamics [1][3]. Core Insights - The storage industry is a crucial component of integrated circuits, accounting for approximately 30% of the market share, with a projected market size of $165.5 billion in 2024, reflecting a 79.3% year-on-year growth [14][20]. - AI is driving the upward trend in the storage industry, with new demand from AI servers and automotive storage, while traditional applications like smartphones and PCs remain significant [3][42]. - Major DRAM manufacturers are reducing production of lower-value products like DDR3 and DDR4, focusing instead on higher-value DDR5 and HBM memory, which is expected to improve the supply landscape and benefit domestic manufacturers [3][20]. Summary by Sections 1. Storage as a Key Component of Integrated Circuits - Storage is a vital part of IT infrastructure, with semiconductor storage being a foundational product in the digital economy [11][14]. - The storage industry is characterized by high technical and capital barriers, with a few global players dominating the market [27][32]. 2. AI Driving Growth in the Storage Industry - The demand for storage is expanding due to the proliferation of AI applications, which require high-performance, low-latency storage solutions [42][43]. - The global data center capital expenditure is expected to exceed $1 trillion by 2028, indicating robust growth in the storage market [44][46]. 3. Company Profiles in the Storage Module Sector - Jiangbolong (301308.SZ) is recognized as a leading domestic storage module manufacturer, achieving breakthroughs in enterprise storage [3][39]. - Baiwei Storage (688525.SH) is noted for its advancements in edge storage and active layout in advanced packaging [3][41]. - Demingli (001309.SZ) is leading in enterprise SSDs and continuously enhancing its product matrix [3][43]. - Shannon Chip (300475.SZ) is driving growth through distribution and product development, with successful brand building [3][45]. 4. Investment Recommendations - The report suggests focusing on storage module manufacturers that cater to niche markets and benefit from AI-driven demand and reduced production from major manufacturers [3][49].