Core Viewpoint - The recent "reciprocal tariffs" imposed by the U.S. have caused significant market fluctuations, but the company, ChipMotion Technology (688582), asserts that these tariffs do not have a direct major impact on its business operations [1][2]. Financial Performance - The company forecasts Q1 2025 revenue between 86 million to 89 million yuan, representing a year-on-year growth of approximately 283.34% to 296.71%, with net profit expected to be between 41 million to 46 million yuan, indicating a turnaround from losses [1]. - In 2024, the company achieved revenue of 405 million yuan, a year-on-year increase of 27.57%, and net profit of 222 million yuan, up 34.33% [2]. Business Operations - The company specializes in the research, testing, and sales of high-performance silicon-based MEMS inertial sensors, including gyroscopes and accelerometers, which are used in various applications such as navigation, posture sensing, and state monitoring [1]. - The company’s MEMS sensor chips have reached navigation-grade accuracy, positioning them competitively alongside international peers and filling a domestic gap in the high-performance MEMS inertial sensor market [1]. Market Dynamics - The company’s downstream clients are primarily domestic module manufacturers, and its end customers do not involve the U.S. market, thus mitigating any significant sales impact from the tariffs [2]. - The supply chain is mainly composed of domestic and non-U.S. suppliers, with some U.S. components having domestic alternatives, ensuring no major disruptions [2]. Product Development - The company has secured a major contract worth 270 million yuan for gyroscope sales, expected to be fulfilled by December 31, 2025, with stable supply chain operations unaffected by tariff changes [3]. - The company is expanding its production capacity for accelerometers, which are anticipated to see accelerated growth, with successful mass production of resonant FM accelerometers and dual-axis and tri-axis accelerometers [3]. Future Outlook - The company believes that inertial and pressure sensors are foundational in the industrial system, with broad applications that will support long-term revenue growth [3]. - The MEMS inertial sensors represent the third generation of products, expected to replace earlier generations, with applications in emerging fields such as smart driving, low-altitude operations, commercial aerospace, and robotics, providing significant growth opportunities [3].

安徽芯动联科微系统股份有限公司 证券代码：688582 证券简称：芯动联科 公告编号：2025-011 投资者可于2025年4月10日（星期四）至4月16日（星期三）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@numems.com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。 安徽芯动联科微系统股份有限公司（以下简称"公司"）已于2025年3月18日发 布公司《2024年年度报告》，为便于广大投资者更全面深入地了解公司2024年度经 营成果、财务状况，公司计划于2025年4月17日（星期四）下午15:00-17:00参加2024 年度科创板芯片设计环节行业集体业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以网络互动形式召开，公司将针对2024年度的经营成果及财务 指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者 普遍关注的问题进行回答。 关于参加 2024 年度科创板芯片设计环节行业 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 ...

Revenue Forecast - The company expects Q1 2025 revenue to be between 86 million and 89 million CNY, representing a year-over-year growth of approximately 283.34% to 296.71%[2] - The significant growth in Q1 2025 is attributed to the company's leading product performance and successful delivery of orders, resulting in a substantial increase in revenue and net profit[6] - The company has a sufficient backlog of orders and plans to deliver them as scheduled in Q1 2025, contributing to the expected revenue growth[6] Profit Forecast - The estimated net profit attributable to shareholders for Q1 2025 is projected to be between 41 million and 46 million CNY, an increase of 42.6 million to 47.6 million CNY compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 36 million and 41.5 million CNY, reflecting an increase of 40.57 million to 46.07 million CNY year-over-year[4] Previous Performance - In Q1 2024, the company reported revenue of 22.43 million CNY and a net loss of 1.6 million CNY attributable to shareholders[5] Forecast Reliability - There are no major uncertainties affecting the accuracy of the performance forecast[7] - The forecast data is preliminary and has not been audited by an accounting firm, and actual financial data will be disclosed in the Q1 2025 report[8]

中信建投证券股份有限公司 关于安徽芯动联科微系统股份有限公司 2024 年度持续督导现场检查报告 中信建投证券股份有限公司（以下简称"中信建投"或"保荐人"）作为安徽芯动 联科微系统股份有限公司（以下简称"芯动联科"或"公司"）首次公开发行股票并在 科创板上市的保荐人，根据《证券发行上市保荐业务管理办法》《上海证券交易所上市 公司自律监管指引第 11 号——持续督导》等相关规定，担任芯动联科首次公开发行股 票项目持续督导的保荐人，对公司进行了定期现场检查，现将本次定期现场检查情况报 告如下： 保荐人于 2025 年 3 月 11 日-13 日、4 月 2 日对芯动联科进行了持续督导期间的现 场检查，现场检查人员为保荐代表人包红星、陈利娟和项目组成员刘扬。 在现场检查过程中，保荐人结合芯动联科的实际情况，查阅、收集了芯动联科有关 文件、资料，与公司相关人员进行了访谈，实施了包括审核、查证、询问等必要程序， 检查了公司治理和内部控制、信息披露、公司的独立性以及与实际控制人及其他关联方 资金往来、募集资金使用、关联交易、对外担保、重大对外投资以及经营状况等情况， 并在前述工作的基础上完成了本次现场检查报告。 二、对 ...

中信建投证券股份有限公司 关于安徽芯动联科微系统股份有限公司 一、持续督导工作情况 1 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | | | 营情况，对芯动联科开展持续督导 | | | | 工作 | | | 持续督导期间，按照有关规定对上市 | | | | 公司违法违规事项公开发表声明的， | 2024 年度，芯动联科在持续督导 | | 4 | 应于披露前向上海证券交易所报告， | 期间未发生按有关规定须保荐机 | | | 经上海证券交易所审核后在指定媒体 | 构公开发表声明的违法违规情况 | | | 上公告。 | | | | 持续督导期间，上市公司或相关当事 | | | | 人出现违法违规、违背承诺等事项的， | | | | 应自发现或应当发现之日起五个工作 | 年度，芯动联科在持续督导 | | 5 | 日内向上海证券交易所报告，报告内 | 2024 | | | 容包括上市公司或相关当事人出现违 | 期间未发生相关事项 | | | 法违规、违背承诺等事项的具体情况， | | | | 保荐机构采取的督导措施等。 | | | | 督导上市公司及其董事、监事、高级 | ...

证券代码：688582 证券简称：芯动联科 公告编号：2025-010 安徽芯动联科微系统股份有限公司 董监高减持股份计划公告 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： 截至本公告披露日，安徽芯动联科微系统股份有限公司（简称"公司"） 董事、总经理兼董事会秘书林明持有公司股份 4,800,000 股，占公司总股本的 1.1982%，公司董事、副总经理、核心技术人员华亚平持有公司股份 6,400,000 股，占公司总股本的 1.5976%，公司监事吴叶楠持有公司股份 400,000 股，占公 司总股本的 0.0998%。前述股份均为公司首次公开发行股票并上市前取得的股份， 已于 2024 年 7 月 1 日解除限售并上市流通。 减持计划的主要内容 公司于 2025 年 4 月 3 日分别收到公司董事、总经理兼董事会秘书林明，董 事、副总经理、核心技术人员华亚平和监事吴叶楠的《关于股份减持计划的告知 函》，现将相关减持计划具体公告如下： 公司董事、总经理兼董事会秘书林明基于自身资金需求，计划自 ...

2024 年年度股东大会 会议资料 中国 北京 二零二五年四月十日 证券简称：芯动联科 证券代码：688582 安徽芯动联科微系统股份有限公司 目录 | 股东大会会议须知 2 | | --- | | 股东大会会议议程 4 | | 议案一：《2024 年度董事会工作报告》 6 | | 议案二：《2024 年度监事会工作报告》 14 | | 议案三：《关于 2024 年度财务决算报告的议案》 18 | | 议案四：《关于 2024 年年度报告及其摘要的议案》 23 | | 议案五：《关于 2024 年度利润分配预案的议案》 24 | | 议案六：《关于 2025 年度日常关联交易预计的议案》 25 | | 议案七：《关于董事 2025 年度薪酬方案的议案》 29 | | 议案八：《关于监事 2025 年度薪酬方案的议案》 30 | | 议案九：《关于续聘会计师事务所的议案》 31 | | 2024 年度独立董事述职报告 34 | 第1/34页 安徽芯动联科微系统股份有限公司 2024 年年度股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证 大会的顺利进行，根据《中华人民共和国公 ...

Investment Rating - The report maintains a "Buy" investment rating for the company, indicating a positive outlook for future returns [6]. Core Insights - The company has demonstrated exceptional performance, with a reported revenue of 405 million yuan for 2024, reflecting a year-on-year growth of 27.57%. The net profit attributable to shareholders reached 222 million yuan, up 34.33% year-on-year [4][9]. - A significant contract worth 270 million yuan was signed with a client for the sale of gyroscope products, marking the largest sales order since the company's listing. This indicates a clear trend of increasing downstream demand [4][6]. - The company is diversifying its product offerings, including a six-axis IMU product line aimed at various applications such as autonomous driving and industrial robotics, which is expected to meet the growing market demand [5][6]. Financial Performance - The company’s revenue projections for 2025-2027 are set at 608 million, 920 million, and 1.399 billion yuan, respectively, with corresponding net profits of 315 million, 477 million, and 639 million yuan [6][9]. - The gross margin is projected to remain high, around 84% for the coming years, indicating strong profitability [9]. - The earnings per share (EPS) are forecasted to increase from 0.56 yuan in 2024 to 1.59 yuan by 2027, reflecting robust growth potential [9][11].

Investment Rating - The report maintains a "Buy" investment rating for the company, indicating a positive outlook for future returns [6]. Core Insights - The company has demonstrated strong performance with a reported revenue of 405 million yuan for 2024, reflecting a year-on-year growth of 27.57%. The net profit attributable to shareholders reached 222 million yuan, up 34.33% year-on-year, and the net profit after deducting non-recurring gains and losses was 212 million yuan, marking a 48.21% increase [4][6]. - A significant contract worth 270 million yuan was signed with a client for the sale of gyroscope products, which is the largest sales order since the company went public. This indicates a clear trend of increasing demand from downstream customers [4][6]. - The company is focusing on developing new products, including a six-axis IMU and high-performance chips, to meet diverse downstream demands in sectors such as autonomous driving and industrial robotics [5][6]. Financial Performance Summary - For 2024, the company achieved a revenue of 405 million yuan, with a projected revenue growth of 50.4% in 2025, reaching 608 million yuan. The net profit is expected to grow to 315 million yuan in 2025, representing a 41.9% increase [9]. - The gross margin is projected to remain high, around 85% for 2024, with a slight decline expected in subsequent years [9]. - The earnings per share (EPS) for 2024 is reported at 0.56 yuan, with forecasts of 0.79 yuan in 2025 and 1.19 yuan in 2026 [9][11].

Investment Rating - The report maintains an "Accumulate-A" rating for the company [1][6]. Core Views - The company's revenue for 2024 reached 405 million yuan, representing a year-on-year growth of 27.57%, while the net profit attributable to the parent company was 222 million yuan, up 34.33% year-on-year. The growth in revenue and profit is primarily driven by the rapid increase in MEMS accelerometer sales and the expansion of product applications [1][2]. - The company has significantly improved its gross margin and net margin in 2024, with gross margin at 85.03%, an increase of 2.02 percentage points year-on-year, and net margin at 54.93%, up 2.76 percentage points year-on-year. This improvement is attributed to the optimization of product structure following the launch of new MEMS accelerometer products [2][6]. Financial Performance - In 2024, the company achieved a revenue of 405 million yuan, with a year-on-year growth of 27.57%. The net profit attributable to the parent company was 222 million yuan, reflecting a year-on-year increase of 34.33%. The basic earnings per share (EPS) was 0.56 yuan, up 27.27% year-on-year [1][8]. - The revenue composition for 2024 included 351 million yuan from MEMS gyroscopes, 27.84 million yuan from MEMS accelerometers, 21.4 million yuan from inertial measurement units, and 4.23 million yuan from technical services, with respective revenue shares of 86.75%, 6.88%, 5.29%, and 1.05% [1][2]. - The company’s R&D expenses for 2024 were 109 million yuan, a year-on-year increase of 36.52%, indicating a commitment to enhancing product competitiveness [3][6]. Future Projections - The company is expected to achieve revenues of 588 million yuan, 822 million yuan, and 1.129 billion yuan for the years 2025, 2026, and 2027, respectively, with year-on-year growth rates of 45.5%, 39.7%, and 37.3% [6][8]. - The projected net profits for the same years are 311 million yuan, 426 million yuan, and 576 million yuan, with corresponding growth rates of 40.2%, 36.7%, and 35.3% [6][8].