二、董事会会议审议情况 | 证券代码：688536 | 证券简称：思瑞浦 | 公告编号：2025-011 | | --- | --- | --- | | 转债代码：118500 | 转债简称：思瑞定转 | | 思瑞浦微电子科技（苏州）股份有限公司 第四届董事会第二次会议决议公告 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。 一、董事会会议召开情况 思瑞浦微电子科技（苏州）股份有限公司（以下简称"公司"）第四届董事 会第二次会议通知已于 2025 年 3 月 26 日发出，会议于 2025 年 4 月 1 日在公司 会议室以现场结合通讯表决的方式召开。本次会议应参加董事 9 名，实际参加董 事 9 名。本次会议由董事长 ZHIXU ZHOU（周之栩）主持，公司监事和高级管 理人员列席本次会议。会议的召集与召开符合《中华人民共和国公司法》和《思 瑞浦微电子科技（苏州）股份有限公司章程》等相关规定，表决形成的决议合法、 有效。 （一）审议通过《关于公司参与认购私募基金份额暨关联交易的议案》 表决结果：8 票同意，0 票反对，0 ...

思瑞浦微电子科技（苏州）股份有限公司 第四届董事会第一次独立董事专门会议决议 经审核，独立董事认为：本次公司参与认购私募基金份额暨关联交易事项的 决策程序符合《上海证券交易所科创板股票上市规则》等法律法规及《公司章程》 的规定。交易遵循了公平、公正、合理的市场原则，不存在损害公司及全体股东 尤其是中小股东利益的情形。此次认购私募基金份额，有助于公司拓展投资渠道， 提升资金使用效率，符合公司发展战略及整体利益。 我们一致同意将公司参与认购私募基金份额暨关联交易事项提交公司董事 会审议。 思瑞浦微电子科技（苏州）股份有限公司 独立董事：潘飞、黄生、朱光伟 2025 年 4 月 1 日 2025 年 4 月 1 日，思瑞浦微电子科技（苏州）股份有限公司（以下简称"公 司"）第四届董事会第一次独立董事专门会议以现场结合通讯的方式召开。会议 应参加独立董事 3 名，实际参加表决独立董事 3 名，符合《中华人民共和国公司 法》《思瑞浦微电子科技（苏州）股份有限公司章程》及《思瑞浦微电子科技（苏 州）股份有限公司独立董事专门会议工作制度》的相关要求。 经过半数以上独立董事推选，会议由公司独立董事潘飞召集和主持，全体参 会独 ...

天眼查资料显示，思瑞浦微电子科技（苏州）股份有限公司，成立于2012年，位于苏州市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本13260.1444万人民币，实缴资本 5026.3914万人民币。通过天眼查大数据分析，思瑞浦微电子科技（苏州）股份有限公司共对外投资了 14家企业，参与招投标项目23次，财产线索方面有商标信息30条，专利信息241条，此外企业还拥有行 政许可11个。 专利摘要显示，本公开的实施例提供了发送器、收发装置和通信系统。该收发器包括：第一输出端和第 二输出端，适于经由共模电感分别耦合到控制器局域网络总线的高电平信号线和低电平信号线；差分输 入电阻，耦合在第一输出端与第二输出端之间，并且耦合到共模电位主发送电路以及补偿组件，包括耦 合到第一输出端和第二输出端的电流补偿回路，并且被配置为：在高电平信号线与第一参考电位之间发 生短路或在低电平信号线与第二参考电位之间发生短路的情况下，在输出隐性信号期间将流过共模电感 的电感电流经由电流补偿回路传导以旁路差分输入电阻。通过本公开的实施例，可以在设置有共模电感 的情况下支持 CAN 总线的短路通信。 金融界 2025 年 ...

金融界2025年3月26日消息，国家知识产权局信息显示，思瑞浦微电子科技（苏州）股份有限公司申请 一项名为"故障保护电路和故障保护方法"的专利，公开号 CN 119674860 A，申请日期为2024年12月。 思瑞浦申请故障保护电路和故障保护方法专利，可 实现有效故障保护 天眼查资料显示，思瑞浦微电子科技（苏州）股份有限公司，成立于2012年，位于苏州市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本13260.1444万人民币，实缴资本 5026.3914万人民币。通过天眼查大数据分析，思瑞浦微电子科技（苏州）股份有限公司共对外投资了 14家企业，参与招投标项目22次，财产线索方面有商标信息30条，专利信息240条，此外企业还拥有行 政许可11个。 来源：金融界 专利摘要显示，本公开涉及一种故障保护电路和故障保护方法。故障保护 电路包括：故障检测模块 (10)；第一逻辑电路(20)，基于指示信号指示故障状态(OCP)而进行计时并且在计时达到预定第 时间周 期时输出第 触发信号；二级保护电路(30)，被配置为响应于第一触发信号而进入保护模式；以及第二逻 辑电路(40)，被配置为确定在 ...

思瑞浦2024年增亏 2020年上市2募资共41.2亿元 思瑞浦2023年10月28日披露的2022年度向特定对象发行A股股票上市公告书显示，本次发行对象共 有11名，均以现金参与认购，发行数量12,044,399股，发行价格149.53元/股，募集资金总额人民币 1,800,998,982.47元，募集资金净额人民币1,781,656,587.99元。保荐机构（主承销商）为海通证券股份有 限公司，保荐代表人为邓欣、何可人。联席主承销商为中信证券股份有限公司。 经计算，思瑞浦上述两次募资共41.15亿元。 思瑞浦首次公开发行股票募集资金总额为23.14亿元，扣除发行费用后，募集资金净额为21.46亿 元。思瑞浦最终募集资金净额较原计划多12.96亿元。思瑞浦于2020年9月15日发布的招股说明书显示， 该公司计划募集资金8.50亿元，分别用于模拟集成电路产品开发与产业化项目、研发中心建设项目、补 充流动资金项目。 思瑞浦首次公开发行股票的发行费用为1.68亿元，其中，保荐及承销费用1.53亿元。 中国经济网北京3月26日讯 思瑞浦(688536.SH)近日披露的2024年年度业绩快报公告显示，报告期 内，该公 ...

| 证券代码：688536 | 证券简称：思瑞浦 | 公告编号：2025-010 | | --- | --- | --- | | 转债代码：118500 | 转债简称：思瑞定转 | | 思瑞浦微电子科技（苏州）股份有限公司 部分董事减持股份结果公告 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。 本次减持计划实施前，思瑞浦微电子科技（苏州）股份有限公司（以下简称 "公司"）董事长 ZHIXU ZHOU 先生持有公司股份 9,988,648 股，占公司当前总 股本的 7.53%。以上股份为公司首次公开发行前以及上市以来资本公积转增股本 所取得的股份，于 2023 年 9 月 21 日起解除限售上市流通。2023 年 9 月 13 日， 董事长 ZHIXU ZHOU 先生出具《关于自愿延长限售股锁定期的承诺》，承诺将 前述股份自愿延长锁定期 6 个月至 2024 年 3 月 20 日。 减持计划的实施结果情况 2024 年 12 月 31 日，公司披露了《部分董事、高级管理人员减持股份计划 公告》（公告编号：202 ...

Financial Performance - The company achieved total operating revenue of RMB 121,953.82 million, an increase of 11.52% compared to the same period last year[4] - The net profit attributable to the parent company was RMB -19,535.26 million, a significant decline from RMB -3,471.31 million in the previous year[4] - The comprehensive gross profit margin for the year was 48.20%[6] - The basic earnings per share were RMB -1.48, down from RMB -0.28 in the previous year[4] - The company reported a weighted average return on equity of -3.61%, a decrease of 2.76 percentage points year-on-year[4] Assets and Equity - Total assets at the end of the reporting period were RMB 619,803.96 million, reflecting a growth of 4.91% from the beginning of the period[4] - The equity attributable to the parent company was RMB 530,265.36 million, with a decrease of 4.95% compared to the previous period[4] - The company holds approximately RMB 3.688 billion in cash and investment balances, indicating a healthy asset-liability situation[6] Inventory and Expenses - The company plans to recognize a provision for inventory impairment of over RMB 92 million due to increased long-term inventory[6] - The company has been actively investing in R&D and expanding its market presence, which has led to increased operating expenses[6]

Core Viewpoint - The article emphasizes the importance of the semiconductor industry in China's new industrialization, highlighting the role of the Science and Technology Innovation Board (STAR Market) in supporting the growth and innovation of this sector through capital and policy initiatives [1][2]. Group 1: Industry Support and Development - The China Securities Regulatory Commission (CSRC) aims to enhance support for key industries such as integrated circuits, industrial mother machines, and medical equipment, recognizing the semiconductor industry as a strategic and foundational sector for economic development [1]. - Since its establishment, the STAR Market has become the preferred platform for semiconductor companies to go public, with 116 semiconductor firms listed, accounting for 60% of A-share semiconductor companies [1][2]. - The STAR Market has facilitated significant capital inflow, with 116 semiconductor companies raising a total of 298.9 billion yuan through IPOs, representing over 80% of the total IPO fundraising in the A-share semiconductor sector [2]. Group 2: Capital Utilization and R&D Investment - The average capital utilization rate among the 116 semiconductor companies is 66%, indicating high efficiency in fund usage [2]. - In the first three quarters of 2024, these companies invested a total of 32.9 billion yuan in R&D, with a median R&D intensity of 17%, significantly higher than the overall A-share level of 4% [2]. - Notable advancements include the development of a new generation of CPUs by Loongson Technology and the introduction of domestically produced CMP equipment by Huahai Qingshi, showcasing the impact of increased R&D investment [2]. Group 3: Policy Innovations and Talent Attraction - The STAR Market has implemented flexible stock incentive mechanisms to attract and retain high-end talent, with 77 semiconductor companies launching 150 stock incentive plans, covering approximately 66% of the sector [3]. - The introduction of policies to support mergers and acquisitions has led to a surge in high-quality industry consolidations, with 76 disclosed equity acquisitions since the "Eight Measures" policy, totaling over 19 billion yuan [4]. Group 4: Market Mechanisms and Investment Products - The STAR Market has established a market-friendly environment for venture capital and institutional investors, including the introduction of a market-making system to enhance liquidity and price stability [6]. - The STAR Market has also launched thematic indices and ETFs focused on the semiconductor industry, catering to investor demand and facilitating participation in the sector's growth [6].

| 证券代码：688536 | 证券简称：思瑞浦 | 公告编号：2025-008 | | --- | --- | --- | | 转债代码：118500 | 转债简称：思瑞定转 | | 思瑞浦微电子科技（苏州）股份有限公司 股东大宗交易减持股份计划时间届满暨减持股份 结果公告 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： 本次减持计划实施前大股东持股基本情况 本次减持计划实施前，思瑞浦微电子科技（苏州）股份有限公司（以下简称 "公司"）股东苏州金樱创业投资合伙企业（有限合伙）（以下简称"金樱创投"） 持有公司股份 9,567,572 股，占公司当前总股本的 7.22%。以上股份为公司首次 公开发行前以及上市以来资本公积转增股本所取得的股份，于 2023 年 9 月 21 日起解除限售上市流通。2023 年 9 月 13 日，金樱创投出具《关于自愿延长限售 股锁定期的承诺》，承诺将前述股份自愿延长锁定期 6 个月至 2024 年 3 月 20 日。 减持计划的实施结果情况 2024 年 10 月 ...

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The company is expected to achieve revenue of between 1.205 billion to 1.25 billion yuan in 2024, representing a year-on-year growth of 10.19% to 14.31%. However, it anticipates a net loss attributable to shareholders of between 197 million to 180 million yuan, a decrease of 145 million to 162 million yuan compared to the previous year [1]. - In Q4 2024, the company is projected to achieve a single-quarter revenue of 357 million to 402 million yuan, with a quarter-on-quarter growth of 4.39% to 17.54% and a year-on-year growth of 27.5% to 43.57% [2]. - The company has completed the acquisition of Shenzhen Chuangxin Microelectronics Co., Ltd., enhancing its product matrix and customer base [3]. - The company is focusing on optimizing its product line and internal resource allocation, particularly in the analog and mixed-signal product lines [3]. Summary by Sections Revenue and Profit Forecast - The company’s revenue for 2024 is forecasted at 1.245 billion yuan, with a growth rate of 13.81%. The net profit is expected to be a loss of 190 million yuan, with a significant adjustment of -177% from previous estimates [4][5]. - The revenue for 2025 is projected to be 1.884 billion yuan, reflecting a growth rate of 51.41% [5]. Product Development and Market Strategy - The company is increasing its R&D investment to accelerate the development of new products in signal chains, power management, and automotive-grade products, with a notable increase in the number of new products launched [2][3]. - The company is also enhancing its market expansion efforts both domestically and internationally, increasing its sales personnel and marketing investments [2]. Financial Metrics - The company’s gross margin is expected to be around 48% in 2024, with a projected decline in gross margin to 45.9% in 2025 [3][4]. - The P/E ratios for 2024, 2025, and 2026 are projected to be N/A, 78X, and 28X respectively [4][5]. Valuation - The report suggests that despite the pressure on 2024 earnings, the progress of new products and the gradual ramp-up of automotive business are positive indicators for the company's long-term potential [4].