证券代码：688525 证券简称：佰维存储 公告编号：2025-055 深圳佰维存储科技股份有限公司 关于持股 5%以上股东以大宗交易方式减持股份计 划公告 本公司董事会、全体董事及相关股东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： 大股东持有的基本情况 国家集成电路产业投资基金二期股份有限公司（以下简称"国家集成电路基 金二期"）持有公司股份 36,885,396 股,占公司总股本的 8.00%。 上述股东的股份来源于公司首次公开发行前取得的股份，已全部解除限售并 上市流通。 减持计划的主要内容 公司股东国家集成电路基金二期因自身经营管理需要，拟自本公告披露之日 起 15 个交易日之后的 3 个月内（即 2025 年 9 月 5 日至 2025 年 12 月 4 日）通过 上海证券交易所交易系统以大宗交易方式减持本公司股份合计不超过 9,225,312 股，不超过本公司股份总数 2.00%。减持价格按市场价格确定。若减持期间公司 有派息、送股、资本公积金转增股本、配股等除权除息事项，减持计划将进行相 应调整。 公司于近日 ...

Core Viewpoint - The company reported a "revenue growth without profit increase" for the first half of 2025, with significant losses despite revenue growth, indicating challenges in the semiconductor storage market [1][2]. Financial Performance - In the first half of 2025, the company achieved operating revenue of 3.912 billion yuan, a year-on-year increase of 13.70% [1][2]. - The net profit attributable to shareholders was -226 million yuan, a year-on-year decline of 179.68% [1]. - In Q2 2025, the company recorded operating revenue of 2.369 billion yuan, with a year-on-year growth of 38.20% and a quarter-on-quarter growth of 53.50% [2]. - The gross profit margin in Q2 increased by 11.7 percentage points, reaching 18.61% in June [2]. Market Dynamics - The semiconductor storage market is experiencing a recovery, with prices stabilizing after a decline in 2024, particularly in DRAM and NAND Flash segments [2][3]. - The price of NAND Flash has seen a significant increase, driven by strong demand in enterprise SSDs, with a quarterly increase of nearly 15% [3]. - The company's revenue changes are attributed to the stabilization of storage prices and the gradual delivery of key projects [3]. Strategic Initiatives - The company is increasing its investment in R&D, with a total of 273 million yuan spent in the first half of 2025, a year-on-year increase of 29.77% [1][7]. - The workforce in R&D has grown to 1,054 employees, a 40.53% increase year-on-year [7]. - The company is focusing on advanced packaging and testing processes to enhance its offerings in AI applications, including AI smartphones and wearable devices [6][7]. Capital Raising - The company completed a targeted placement, raising a net amount of 1.871 billion yuan, aimed at expanding its advanced packaging and storage manufacturing base [7]. Stock Performance - As of August 13, 2023, the company's stock closed at 66.66 yuan per share, with a market capitalization of 30.7 billion yuan [8].

佰维存储公告，公司股东国家集成电路基金二期因自身经营管理需要，拟通过大宗交易方式减持本公司 股份合计不超过922.53万股，不超过公司股份总数2.00%。减持期间为2025年9月5日至2025年12月4日。 减持价格按市场价格确定。 (本文来自第一财经) ...

人民财讯8月13日电，佰维存储(688525)8月13日晚间公告，国家集成电路产业投资基金二期股份有限公 司(简称"国家集成电路基金二期")持有公司8%股份，拟通过大宗交易方式减持公司股份不超过922.53万 股，即不超过公司股份总数2%。 ...

佰维存储公告，持股8.00%的国家集成电路产业投资基金二期股份有限公司拟于2025年9月5日至2025年 12月4日期间，通过上海证券交易所交易系统以大宗交易方式减持不超过922.53万股，占公司总股本 2.00%，股份来源为IPO前取得，减持价格按市场价格确定。 ...

Group 1 - Semiconductor Manufacturing International Corporation (SMIC) reported unaudited results for the three months ending June 30, 2025, with Q2 sales revenue of $2.209 billion, a year-on-year increase of 16.2%, but a quarter-on-quarter decrease of 1.7% [1][2] - SMIC's Q2 gross margin was 20.4%, reflecting a quarter-on-quarter decline of 2.1 percentage points, while the capacity utilization rate was 92.5%, showing a quarter-on-quarter increase of 2.9 percentage points [1][2] - Hua Hong Semiconductor reported Q2 sales revenue of $566 million, a year-on-year increase of 18.3% and a quarter-on-quarter increase of 4.6%, with a gross margin of 10.9%, up 0.4 percentage points year-on-year and 1.7 percentage points quarter-on-quarter [2] Group 2 - Taiwan Semiconductor Manufacturing Company (TSMC) reported July revenue of NT$323.166 billion, a year-on-year increase of 25.8% and a quarter-on-quarter increase of 22.5%, with cumulative revenue from January to July reaching NT$2.096 trillion, a year-on-year increase of 37.6% [1][2] - ASE Technology Holding Co., Ltd. reported July revenue of NT$49.11 billion, a year-on-year decrease of 8.81%, but a month-on-month increase of 7.08%, with cumulative revenue from January to July at NT$321.25 billion, a year-on-year decrease of 1.97% [3] - Industrial Fulian reported H1 2025 revenue of NT$5.464 billion, a year-on-year increase of 45.21%, with net profit attributable to shareholders of NT$12.113 billion, up 38.61% year-on-year [3] - Haiguang Information reported H1 2025 revenue of NT$360.76 billion, a year-on-year increase of 35.58%, with net profit attributable to shareholders of NT$1.201 billion, up 40.78% year-on-year [3] - Biwei Storage reported H1 2025 revenue of NT$3.912 billion, a year-on-year increase of 13.70%, but a net loss attributable to shareholders of NT$226 million [3]

（原标题：大爆发，这个板块，10倍股批量涌现！） AI领域牛股成群。 DDR4价格飙升 AI题材10倍股批量出现，有基本面的支撑。比如新易盛预计上半年净利达到37亿元—42亿元，同比增 长327.68%—385.47%；工业富联上半年营收净利增速均超过35%。 新高、新高、又新高。8月12日A股主要指数集体收涨，沪指七连阳再创年内新高，截至收盘，沪指涨 0.5%，收报3665.92点，较去年10月8日的高点已触手可及。 板块方面，多元金融、电子化学品、燃气、半导体、航运港口板块涨幅居前，航天航空、小金属、水泥 建材、生物制品、能源金属板块跌幅居前。AI题材大爆发，工业富联、胜宏科技、新易盛等股价不断 创新高，10倍股批量涌现。 10倍股批量涌现 据证券时报·数据宝统计，8月12日有70多只股票股价创出历史新高，包括农业银行、工业富联、邮储银 行、寒武纪-U、洛阳钼业、新易盛、胜宏科技等市值超千亿元的股票。在这些市值超千亿元的创新高 股中，工业富联、寒武纪-U、新易盛、胜宏科技等均属于AI题材。其中，工业富联市值逼近8000亿元 大关，位居A股公司总市值排行榜第十四位。 值得一提的是，寒武纪-U、新易盛、胜宏科 ...

Financial Performance - The total assets of the company at the end of the reporting period amounted to 11.56 billion yuan, an increase from 7.96 billion yuan at the end of the previous year [1] - The net assets attributable to shareholders of the listed company increased from 2.41 billion yuan to 4.20 billion yuan [1] - Operating revenue for the reporting period was 3.91 billion yuan, up from 3.44 billion yuan in the previous year [1] - The total profit for the period was a loss of 308.95 million yuan, compared to a profit of 343.68 million yuan in the previous year [1] - The net profit attributable to shareholders of the listed company was a loss of 225.80 million yuan, down from a profit of 283.36 million yuan [1] - The net cash flow from operating activities was a negative 700.56 million yuan, compared to a positive 649.91 million yuan in the previous year [1] - The basic and diluted earnings per share were both -0.51 yuan, compared to 0.65 yuan in the previous year [1] - The research and development expenditure accounted for 6.98% of operating revenue, an increase from 6.11% [1] Research and Development - In the first half of 2025, the company invested 272.93 million yuan in research and development [2] - As of the end of the reporting period, the number of R&D personnel reached 1,054, representing 38.65% of the total workforce [2] - The company has obtained a total of 393 domestic and international patents and 53 software copyrights, including 171 invention patents, 166 utility model patents, and 56 design patents [2] Company Overview - Shenzhen Baiwei Storage Technology Co., Ltd. was established in 2010 and was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 30, 2022 [2] - The company primarily engages in the research, design, packaging, testing, production, and sales of semiconductor memory, with products categorized into embedded storage, PC storage, automotive-grade storage, enterprise-level storage, and mobile storage [2]

Core Viewpoint - The company, Baiwei Storage, is experiencing short-term pressure on its performance due to fluctuations in memory prices, leading to significant losses in the first half of 2025 despite a year-on-year revenue increase. Financial Performance - In the first half of 2025, Baiwei Storage achieved operating revenue of 3.912 billion yuan, a year-on-year increase of 13.7% [1] - The net profit attributable to shareholders was a loss of 226 million yuan, a year-on-year decline of 179.68% [1] - The net profit after deducting non-recurring gains and losses was a loss of 701 million yuan, a year-on-year decrease of 207.79% [1] - The comprehensive gross profit margins from 2022 to the first half of 2025 were 13.73%, 1.71%, 18.19%, and 9.07% respectively [5] Market Conditions - Starting from the third quarter of 2024, memory prices have been declining quarterly, reaching a low point in the first quarter of 2025, which has adversely affected the company's sales prices [5] - The company noted that from the second quarter of 2025, as memory prices stabilized and key projects were gradually delivered, sales revenue and gross margins began to improve [5] Research and Development - Baiwei Storage continues to increase its investment in research and development, with R&D expenses in the first half of 2025 amounting to 273 million yuan, a year-on-year increase of 29.77% [2][8] - The proportion of R&D expenses to operating revenue was 6.98%, an increase of 0.87 percentage points year-on-year [8] - As of June 30, 2025, the number of R&D personnel reached 1,054, an increase of 304 year-on-year, accounting for 38.65% of the total workforce [8] Inventory and Cash Flow - As of June 30, 2025, the total assets of Baiwei Storage reached 11.556 billion yuan, with inventory amounting to 4.382 billion yuan, a 23.89% increase from the end of 2024 [9] - The net cash flow from operating activities was -700 million yuan in the first half of 2025, indicating high cash expenditures on raw materials due to strategic procurement [8] Investment Activities - Baiwei Storage announced a joint investment in Beijing Xingyun Integrated Circuit Co., Ltd., with a total investment of 1.67 million yuan, aimed at enhancing understanding of edge AI solutions [10]

Core Viewpoint - The financial report of Shenzhen Bawei Storage Technology Co., Ltd. for the first half of 2025 shows a significant decline in net profit despite a revenue increase, indicating challenges in the storage market and the company's operational adjustments [1][2][3]. Financial Performance - For the first half of 2025, the company achieved a revenue of 3.912 billion yuan, a year-on-year increase of 13.70%, with a significant quarter-on-quarter growth of 53.5% in Q2 [1][2]. - The net profit attributable to shareholders was -225.80 million yuan, compared to a profit of 283.36 million yuan in the same period last year, reflecting a decline of 179.68% [2][3]. - The operating cash flow turned negative at -700.56 million yuan, a decrease of 207.79% from 649.91 million yuan in the previous year [2][6]. - The company's total assets increased by 45.16% to approximately 11.56 billion yuan, while net assets attributable to shareholders rose by 74.29% to about 4.20 billion yuan [2]. Market Conditions - The global macroeconomic environment has led to a decline in storage prices since Q3 2024, with significant price drops in Q1 2025, impacting the company's sales performance [2]. - Starting from Q2 2025, storage prices stabilized and began to recover, contributing to improved sales revenue and gross margin [2]. Research and Development - The company increased its R&D investment, with R&D expenses rising by 29.77% year-on-year, now accounting for 6.98% of revenue [2][3]. - The focus of R&D includes chip design, firmware design, and new product development, aimed at enhancing competitiveness in core business areas [4]. Employee Incentives - The company announced a stock incentive plan for over 400 employees, distributing 3.4159 million shares, which is 0.74% of the total share capital [3][4]. - This plan aims to strengthen the company's competitive edge in storage solutions and bind the interests of core employees to the company's long-term goals [4]. Inventory and Supply Chain - The company's inventory value has been increasing, reaching 4.382 billion yuan by mid-2025, which raises concerns about liquidity [7]. - The company is implementing strategic procurement for key raw materials to support its growth, but this has contributed to negative cash flow [6][7]. Market Penetration - The company has successfully penetrated various sectors, including mobile, PC, automotive, and AI, establishing itself as a key supplier for major brands [9][10]. - In the automotive sector, the company has delivered significant quantities of LPDDR and eMMC products to leading car manufacturers [9]. Future Outlook - The company completed a targeted capital increase, raising 1.871 billion yuan for expansion projects, including advanced packaging and storage manufacturing [10]. - A second share buyback plan was announced, with a budget of 20 to 40 million yuan to reduce registered capital [12].