有投资者在互动平台向力合微提问：公司的物联网芯片及技术(北斗导航)是否可应用于智联网汽车汽车 及自动驾驶方面？力合微回复称，公司新一代北斗多模多制式导航核心芯片主要是用于国家电网，可广 泛用于智能城市建设、交通运输、物联网应用等领域。 ...

格隆汇11月21日｜有投资者在互动平台向力合微提问：公司的物联网芯片及技术(北斗导航)是否可应用 于智联网汽车汽车及自动驾驶方面？力合微回复称，公司新一代北斗多模多制式导航核心芯片主要是用 于国家电网，可广泛用于智能城市建设、交通运输、物联网应用等领域。 ...

Core Points - The Shanghai Composite Index is at 3937.29 points, with a decrease of 0.87%, and the total trading volume of A-shares is 1,593.98 billion yuan [1] - 30 A-shares have surpassed their annual line today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Notable stocks that have broken through the annual line include: - Guangyun Technology (光云科技) with a deviation rate of 19.13% and a price increase of 19.99% [1] - Longxun Co., Ltd. (龙迅股份) with a deviation rate of 15.24% and a price increase of 20.00% [1] - Haohan Depth (浩瀚深度) with a deviation rate of 6.26% and a price increase of 8.69% [1] Trading Metrics - The trading volume for A-shares today is reported at 1,593.98 billion yuan [1] - The turnover rates for the top stocks that broke through the annual line vary, with Longxun Co., Ltd. at 17.65% and Guangyun Technology at 8.82% [1] Deviation Rates - Stocks with smaller deviation rates that have just crossed the annual line include: - Tianlong Group (天龙集团) with a deviation rate of 0.00% [2] - Jinyu Medical (金域医学) with a deviation rate of 0.05% [2] - Lihua Micro (力合微) with a deviation rate of 0.07% [2]

| 证券代码：688589 | 证券简称：力合微 | 公告编号：2025-057 | | --- | --- | --- | | 债券代码：118036 | 债券简称：力合转债 | | 深圳市力合微电子股份有限公司 关于参加 2025 年度深圳辖区上市公司投资者网上集体接待 日活动暨召开 2025 年第三季度业绩说明会的公告 特此公告。 深圳市力合微电子股份有限公司董事会 为进一步加强与投资者的互动交流，深圳市力合微电子股份有限公司（以下 简称"公司"）将参加由深圳证监局和中证中小投资者服务中心指导、深圳上市 公司协会与深圳市全景网络有限公司联合举办的"2025 年度深圳辖区上市公司 投资者网上集体接待日活动"。同时，公司已于 2025 年 10 月 28 日在上海证券 交易所网站（www.sse.com.cn）披露了公司《2025 年第三季度报告》，为便于广 大投资者更全面深入地了解公司 2025 年前三季度经营成果、财务状况，公司计 划召开 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 现将相关事项公告如下： 本次活动及业绩说明会将采用网络远程的方式举行，投资者可登录"全景路 演"网站（h ...

Core Points - The stock price of Lihua Microelectronics has decreased by 2.04% on November 4, trading at 23.09 CNY per share with a market capitalization of 3.356 billion CNY [1] - Year-to-date, the stock price has increased by 2.29%, but it has seen declines of 4.98% over the last five trading days, 12.54% over the last 20 days, and 1.58% over the last 60 days [2] - The company reported a revenue of 270 million CNY for the first nine months of 2025, a year-on-year decrease of 28.62%, and a net profit of 22.38 million CNY, down 55.55% year-on-year [2] Company Overview - Lihua Microelectronics, established on August 12, 2002, is located in the High-tech Industrial Park of Tsinghua Information Port, Nanshan District, Shenzhen, Guangdong Province [2] - The company specializes in the research and design of communication chips, with 94.84% of its revenue coming from self-developed chips and core technologies [2] - As of September 30, the number of shareholders increased by 10.38% to 12,200, while the average circulating shares per person decreased by 9.41% to 11,877 shares [2] Financial Performance - Since its A-share listing, Lihua Microelectronics has distributed a total of 131 million CNY in dividends, with 96.426 million CNY paid out in the last three years [3]

Core Insights - The Hong Kong International Autumn Lighting Fair showcased approximately 3,000 exhibitors, with Lihe Microelectronics debuting its Matter-certified PLC Bridge, which redefines smart home connectivity standards [1][2] Group 1: Product Innovation - Lihe Microelectronics' PLC Bridge is the world's first Matter-certified solution, enabling seamless interconnectivity across brands without hardware modifications, thus providing a cost-effective upgrade path for existing and new devices [2] - The product allows control of various brand devices through platforms like Apple and Samsung, demonstrating an "plug-and-play, seamless interconnect" experience [2] Group 2: Company Background - Founded in 2002, Lihe Microelectronics is a pioneer in high-speed PLC technology and the initiator of the PLC Partner Ecosystem (PLCP), with a complete technology system from chips to solutions [3] - The company's technology significantly reduces costs and complexity by utilizing existing power lines, making it applicable in smart homes, lighting, hotels, smart grids, and photovoltaic systems [3] Group 3: Industry Impact - Lihe Microelectronics' participation in the fair signifies a breakthrough for Chinese PLC technology on the global stage, enhancing its influence in the smart interconnectivity sector [3] - The company aims to drive innovation in PLC technology and expand its ecosystem, promoting more devices to achieve seamless connectivity and enhancing global smart living experiences [4]

Core Viewpoint - The company, Lihe Microelectronics (688589.SH), has announced the early termination of a share reduction plan by its director, Feng Zhenggang, based on his confidence in the company's future development prospects [1] Summary by Relevant Sections - **Company Announcement** - Lihe Microelectronics received a notice from director Feng Zhenggang regarding the early termination of his share reduction plan [1] - The decision reflects Feng's positive outlook on the company's future [1]

| 证券代码：688589 | 证券简称：力合微 | 公告编号：2025-056 | | --- | --- | --- | | 债券代码：118036 | 债券简称：力合转债 | | 深圳市力合微电子股份有限公司 关于董事提前终止减持计划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： 董事持有的基本情况 本次减持计划实施前，深圳市力合微电子股份有限公司（以下简称"公司"） 董事冯震罡先生持有公司股份 3,448,128 股，占公司总股本的比例为 2.37%，上 述股份来源于冯震罡先生在公司首次公开发行前持有的股份（含上市以来资本公 积转增股本取得的股份），并已上市流通。 减持计划的实施结果情况 近日，公司收到董事冯震罡先生出具的《关于提前终止股份减持计划暨减持 股份计划实施结果告知函》，冯震罡先生基于对公司未来发展前景的信心、对公 司价值以及当前市场环境的整体判断，结合自身资金需求的变化，决定提前终止 本次减持股份计划；本次减持计划实施期间，冯震罡先生通过集中竞价交易方式 ...

Core Viewpoint - Lihua Microelectronics, a significant player in the domestic communication chip sector, has shown a mixed performance in its financial results for Q3 2025, with low revenue and net profit rankings compared to industry peers, despite having a higher gross margin and debt ratio than the industry average [2][3]. Group 1: Company Overview - Lihua Microelectronics was established on August 12, 2002, and went public on July 22, 2020, on the Shanghai Stock Exchange, with its headquarters in Shenzhen, Guangdong Province [1]. - The company specializes in the research and design of communication chips and is categorized under the electronic - semiconductor - digital chip design industry [1]. Group 2: Financial Performance - For Q3 2025, Lihua Microelectronics reported a revenue of 270 million, ranking 46th among 48 companies in the industry, significantly lower than the top competitor, OmniVision Technologies, which reported 21.783 billion [2]. - The net profit for the same period was 22.38 million, placing the company 32nd in the industry, again trailing behind the leading firms [2]. Group 3: Financial Ratios - As of Q3 2025, Lihua Microelectronics had a debt-to-asset ratio of 30.09%, which is higher than the previous year's 29.42% and above the industry average of 24.46% [3]. - The gross margin for Q3 2025 was 46.27%, an increase from 43.23% in the previous year and above the industry average of 36.52% [3]. Group 4: Executive Compensation - Chairman Liu Kun's compensation increased from 3.735 million in 2023 to 3.95 million in 2024, reflecting a rise of 215,000 [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 10.38% to 12,200, while the average number of circulating A-shares held per shareholder decreased by 9.41% [5].

Core Viewpoint - The company reported a significant decline in revenue and net profit for the first nine months of 2025, primarily due to delays in the smart grid market and increased R&D investments in the non-grid IoT sector [6][7]. Financial Performance - For the period from January to September 2025, the company achieved operating revenue of 26,981.07 million yuan, a year-on-year decrease of 28.62% [6]. - The net profit attributable to shareholders was 2,238.00 million yuan, down 55.55% compared to the previous year [6]. - The company has a backlog of orders amounting to 19,809.54 million yuan as of September 30, 2025 [6]. Non-Recurring Gains and Losses - The report indicates that the company has identified non-recurring gains and losses, but specific amounts and reasons for classification are not detailed [4]. Shareholder Information - The report includes details about the total number of shareholders and the top ten shareholders, but specific figures are not provided [5]. Convertible Bond Information - The "Lihe Convertible Bond" can be converted into shares starting January 4, 2024, with an initial conversion price of 43.78 yuan per share, which has been adjusted multiple times due to various corporate actions [7][8]. - As of September 30, 2025, a total of 33,000 yuan of the "Lihe Convertible Bond" has been converted into 906 shares, representing 0.00090% of the company's total issued shares [9].