Group 1 - The core point of the news is that Si Rui Pu Microelectronics Technology Co., Ltd. has seen a stock price increase of 5.78%, reaching 175.44 CNY per share, with a total market capitalization of 23.798 billion CNY as of September 26 [1] - The company specializes in the research and sales of analog integrated circuit products, with its main revenue sources being signal chain analog chips (67.70%) and power analog chips (32.25%) [1] - The trading volume for the stock was 5.45 million CNY, with a turnover rate of 2.42% [1] Group 2 - Dongxing Fund has a significant holding in Si Rui Pu, with the Dongxing Growth Preferred Mixed Fund A (021390) holding 7,964 shares, accounting for 4.63% of the fund's net value, making it the seventh-largest holding [2] - The fund has achieved a year-to-date return of 23% and a one-year return of 48.59%, ranking 3,087 out of 8,004 in its category [2] - The fund manager, Hu Yongjie, has been in position for 4 years and 246 days, with the best fund return during his tenure being 34.69% [3]

Core Viewpoint - SiRuPu's stock price has shown significant growth this year, with a notable increase in both revenue and net profit, indicating strong business performance and investor interest [2][3]. Group 1: Stock Performance - As of September 26, SiRuPu's stock price increased by 2.16%, reaching 169.44 CNY per share, with a total market capitalization of 22.984 billion CNY [1]. - Year-to-date, SiRuPu's stock price has risen by 83.18%, with a 9.32% increase over the last five trading days [2]. Group 2: Financial Performance - For the first half of 2025, SiRuPu reported a revenue of 949 million CNY, representing a year-on-year growth of 87.33%, and a net profit of 65.6867 million CNY, which is a 200.07% increase compared to the previous year [3]. Group 3: Shareholder Information - As of June 30, 2025, SiRuPu had 11,500 shareholders, an increase of 26.45% from the previous period, with an average of 11,512 shares held per shareholder, down by 20.91% [3]. - The company has distributed a total of 90.9851 million CNY in dividends since its A-share listing, with 24.7603 million CNY distributed over the last three years [4]. Group 4: Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included notable funds such as Galaxy Innovation Mixed A and Wan Jia You Xuan, with changes in their holdings indicating active institutional interest [4].

Core Viewpoint - The stock price of SiRuPu has shown significant volatility, with a year-to-date increase of 78.98% and a recent decline in the last 20 days, indicating potential market fluctuations and investor sentiment changes [2]. Company Performance - As of June 30, 2025, SiRuPu achieved a revenue of 949 million yuan, representing a year-on-year growth of 87.33%, and a net profit attributable to shareholders of 65.69 million yuan, which is a remarkable increase of 200.07% [2]. - The company's main business revenue composition includes 67.70% from signal chain analog chips and 32.25% from power analog chips, with other sources contributing 0.05% [2]. Stock Market Activity - On September 25, SiRuPu's stock price decreased by 2.04%, trading at 165.56 yuan per share, with a total market capitalization of 22.458 billion yuan [1]. - The stock has seen a trading volume of 4.91 billion yuan, with a turnover rate of 2.21% [1]. - The net outflow of main funds was 52.04 million yuan, with large orders showing a buy of 136 million yuan and a sell of 169 million yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 26.45% to 11,500, while the average circulating shares per person decreased by 20.91% to 11,512 shares [2]. - The company has distributed a total of 90.99 million yuan in dividends since its A-share listing, with 24.76 million yuan distributed in the last three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders include notable funds such as Galaxy Innovation Mixed A and Wan Jia You Xuan, with changes in their holdings indicating shifts in institutional interest [3].

Core Viewpoint - The company has launched a new generation of high-current synchronous buck converters designed for high-performance applications such as data centers, AI servers, switches, industrial PCs, and 5G communications, showcasing its strength in the high power density power chip sector [1] Company Summary - The new DCDC product features compact size, high efficiency, high stability, low ripple, and excellent heat dissipation, outperforming European and American competitors [1] - The launch of this product supports the company's further expansion into the communication and high-performance computing markets [1] Industry Summary - According to TrendForce, the global server market size has grown from $91 billion in 2020 to an estimated $183 billion by 2024, with projections to exceed $400 billion by 2030 [1] - The rapid rise of AI servers, data centers, and optical modules is driving the increasing demand for efficient high-current power solutions [1]

Core Viewpoint - The company has launched a new generation of high-current synchronous buck converters designed for high-performance applications such as data centers, AI servers, switches, industrial PCs, and 5G communications, showcasing its capabilities in the high power density power chip sector [1] Group 1: Product Launch - The new product offers efficient, stable power solutions with a compact size, high efficiency, low ripple, and excellent heat dissipation performance, outperforming European and American competitors [1] Group 2: Market Growth - According to TrendForce, the global server market size has increased from $91 billion in 2020 to an estimated $183 billion by 2024, with projections to exceed $400 billion by 2030 [1] - The rapid rise of AI servers, data centers, and optical modules is driving a continuous increase in demand for high-efficiency power solutions [1] Group 3: Strategic Positioning - The launch of the new DCDC product not only demonstrates the company's self-controlled strength in the high power density power chip field but also provides strong support for further expansion into the communication and high-performance computing markets [1]

Core Viewpoint - SiRuPu's stock price has shown significant volatility, with a year-to-date increase of 68.30%, but a recent decline in the short term [1] Financial Performance - For the first half of 2025, SiRuPu reported a revenue of 949 million yuan, representing a year-on-year growth of 87.33% [2] - The net profit attributable to shareholders for the same period was 65.69 million yuan, marking a substantial increase of 200.07% year-on-year [2] Shareholder Information - As of June 30, 2025, the number of shareholders for SiRuPu increased by 26.45% to 11,500 [2] - The average number of circulating shares per shareholder decreased by 20.91% to 11,512 shares [2] Dividend Distribution - Since its A-share listing, SiRuPu has distributed a total of 90.99 million yuan in dividends, with 24.76 million yuan distributed over the past three years [3] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included notable funds such as Galaxy Innovation Mixed A and Wan Jia You Xuan, with changes in their holdings [3]

证券代码：688536 证券简称：思瑞浦 公告编号：2025-056 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 二、募集资金存放与管理情况 关于注销部分募集资金专户的公告 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。 一、募集资金基本情况 （一）首次公开发行股票募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意思瑞浦微电子科技（苏州）股份有限公司首次公开发行 股票注册的批复》（证监许可[2020]1824号）以及上海证券交易所出具的《关于思瑞浦微电子科技（苏 州）股份有限公司人民币普通股股票科创板上市交易的通知》（[2020]317号），思瑞浦微电子科技 （苏州）股份有限公司（以下简称"公司"）首次公开发行人民币普通股（A股）股票20,000,000股，每 股发行价格115.71元，募集资金总额为231,420.00万元，扣除承销保荐费用（含增值税）后，实际收到 募集资金215,229.86万元。前述募集资金到位情况已经普华永道中天会计师事务所（特殊普通合伙）审 验，并于 ...

| 证券代码：688536 | 证券简称：思瑞浦 | 公告编号：2025-056 | | --- | --- | --- | | 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 关于注销部分募集资金专户的公告 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。 一、募集资金基本情况 （一）首次公开发行股票募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意思瑞浦微电子科技（苏州） 股份有限公司首次公开发行股票注册的批复》（证监许可[2020]1824 号）以及上 海证券交易所出具的《关于思瑞浦微电子科技（苏州）股份有限公司人民币普通 股股票科创板上市交易的通知》（[2020]317 号），思瑞浦微电子科技（苏州）股 份有限公司（以下简称"公司"）首次公开发行人民币普通股（A 股）股票 20,000,000 股，每股发行价格 115.71 元，募集资金总额为 231,420.00 万元，扣除承销保荐 费用（含增值税）后，实际收到募集资金 215,229.86 万元。前述募集资 ...

Core Viewpoint - The company has demonstrated resilience and strategic determination in navigating the semiconductor industry's cyclical challenges, focusing on long-term growth and innovation since its listing on the STAR Market in 2020 [1][2][6] Group 1: Financial Performance - From 2020 to 2022, the company's revenue grew from 566 million to 1.783 billion, marking a significant increase. However, in 2023, revenue fell to 1.093 billion due to industry downturns, with a temporary loss reported [2] - Despite the downturn, the company maintained a high R&D expenditure of 554 million in 2023, accounting for over 50% of its revenue, which is expected to support a rebound in performance by 2025 [2] Group 2: R&D and Management - R&D has been a core focus, with the number of R&D personnel increasing from 141 in 2020 to 531 in 2023, maintaining around 70% of the total workforce [3] - The company has improved its management system through refined operational management and incentive mechanisms, enhancing product launch efficiency and operational synergy [3] Group 3: Market Expansion - The company has successfully expanded from a single market focus to four core markets: industrial, automotive, communication, and consumer sectors, with over 3,000 product models and more than 6,000 customers by mid-2025 [4] - In the automotive sector, the company has produced nearly 300 automotive-grade chips, collaborating with leading automotive manufacturers and lidar companies [4] Group 4: Platform Development - The company has made significant strides in building its industrial chain capabilities, establishing partnerships with wafer fabs and creating its own testing facility in Suzhou, moving towards a more integrated platform model [5] - This evolution indicates a shift from being solely a chip design company to developing comprehensive platform capabilities that include design, partial manufacturing, and testing [5] Group 5: Future Outlook - The company has undergone a fundamental transformation over the past five years, balancing R&D and market focus while expanding its market presence, which has strengthened its competitive edge and operational capabilities for future growth [6]

Core Viewpoint - The article highlights the transformation of the company over five years since its listing, emphasizing its shift from a focus on wireless communication signal chain chip design to a diversified growth strategy across multiple sectors, including industrial, automotive, communication, and consumer markets [2][3]. Group 1: Company Growth and Performance - The company has experienced significant growth, achieving a revenue of 949 million yuan in the first half of 2025, representing a substantial year-on-year increase of 87.33%, and a net profit of 65.69 million yuan, marking a successful turnaround from losses [3][4]. - The company has built a diversified business structure, focusing on four key areas: industrial, automotive, communication, and consumer markets, which has allowed it to mitigate the impacts of industry cycles [3][5]. Group 2: Research and Development Achievements - The company has developed over 3,000 marketable product models, with significant revenue growth in the industrial sector, particularly in new energy and power grid applications, and has served over 6,000 industrial clients [5][6]. - In the automotive sector, the company has established deep collaborations with multiple Tier 1 manufacturers and automotive companies, launching over 90 new products and achieving significant revenue from more than 20 automotive clients [6]. Group 3: Strategic Direction and Management - The company aims to clarify its strategic goals and enhance management measures, focusing on high-growth targets and increasing R&D investments in key areas while implementing refined management practices [4][8]. - The company has expanded its global presence by establishing localized sales and technical support teams in countries such as Singapore, Germany, the United States, South Korea, and Japan, enhancing its international market reach [7][8]. Group 4: Talent and Organizational Development - The company has seen a significant increase in its workforce, reaching 830 employees with an average age of 33, and over 60% of the team being in R&D, fostering a young and professional talent pool [8]. - The acquisition of Shenzhen Chuangxin Micro has not only achieved business synergy but also provided valuable experience for future external growth opportunities [8].