泰凌微公告称，持股5%以上股东国家大基金实施减持计划。减持前其持有公司股份16,688,400股，占总 股本6.93%。2025年10月23日披露减持计划，拟在2025年11月13日-2026年2月12日减持不超4,814,870 股，不超总股本2%。截至公告披露日，已减持4,651,261股，减持比例1.932040%，减持总金额 203,955,405.50元。现持有公司股份12,037,139股，占比4.999984%，不再是持股5%以上股东，本次权益 变动不触及要约收购，不影响公司控股权。 ...

Core Viewpoint - The company, TaiLing Microelectronics, plans to acquire 100% equity of Shanghai Panqi Microelectronics through a combination of issuing shares and cash payment, while also raising supporting funds for this transaction [1]. Group 1: Transaction Overview - The transaction involves 26 counterparties, including STYLISH TECH LIMITED and several investment management partnerships [1]. - The company will conduct a self-examination regarding the trading activities of insiders related to this transaction, covering a period from six months before the stock suspension to the day before the disclosure of the restructuring report [2]. Group 2: Insider Trading Investigation - The scope of the insider trading investigation includes the company's directors, senior management, actual controllers, and relevant parties from the target company and intermediary institutions [3]. - During the self-examination period, no institutions involved in the transaction were found to have traded the company's stock in the secondary market [4]. Group 3: Individual Insider Trading - Specific individuals, including relatives of company officials and intermediaries, provided declarations stating that their stock trading activities were based on personal judgment and not influenced by insider information [6][8]. - The declarations emphasized that these individuals did not leak insider information or engage in prohibited trading behaviors [6][8]. Group 4: Conclusion of Self-Examination - The self-examination concluded that the trading activities of the identified insiders did not constitute insider trading and would not pose substantial obstacles to the transaction [9]. - Independent financial and legal advisors confirmed that the trading activities of the insiders were compliant with relevant laws and would not hinder the transaction [10][11].

证券代码：688591 证券简称：泰凌微 公告编号：2026-008 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。 泰凌微电子（上海）股份有限公司（以下简称"泰凌微"或"公司"）拟通 过发行股份及支付现金的方式向 STYLISH TECH LIMITED、上海芯闪企业管理 合伙企业（有限合伙）、上海颂池投资管理中心（有限合伙）等 26 名交易对方购 买其合计持有的上海磐启微电子有限公司（以下简称"标的公司"）100%股权， 并募集配套资金（以下简称"本次交易"）。 根据《中华人民共和国证券法》《上市公司重大资产重组管理办法》《上市公 司监管指引第 7 号——上市公司重大资产重组相关股票异常交易监管》《公开发 行证券的公司信息披露内容与格式准则第 26 号——上市公司重大资产重组》《监 管规则适用指引——上市类第 1 号》等法律、法规的要求，公司对本次交易相关 内幕信息知情人买卖股票情况进行了核查，具体如下： 一、本次交易的内幕信息知情人买卖上市公司股票的自查期间 本次交易的内幕信息知情人买卖上市公司股票的自查期间为上市公 ...

北京市中伦律师事务所 关于泰凌微电子（上海）股份有限公司 发行股份及支付现金购买资产并募集配套资金 相关内幕信息知情人买卖股票情况的自查报告的 专项核查意见 二〇二六年二月 关于泰凌微电子（上海）股份有限公司 发行股份及支付现金购买资产并募集配套资金 相关内幕信息知情人买卖股票情况的自查报告的 专项核查意见 致：泰凌微电子（上海）股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受泰凌微电子（上海）股份 有限公司（以下简称"泰凌微"、"公司"或"上市公司"）的委托，担任泰凌 微本次拟发行股份及支付现金购买上海磐启微电子有限公司 100%股权并募集配 套资金（以下简称"本次交易"）的专项法律顾问。 本所已于 2026 年 1 月 27 日就本次交易所涉及的相关法律事宜出具了《北京 市中伦律师事务所关于泰凌微电子（上海）股份有限公司发行股份及支付现金购 买资产并募集配套资金的法律意见书》（以下简称"《法律意见书》"）。《法 律意见书》中的相关声明适用于本《北京市中伦律师事务所关于泰凌微电子（上 海）股份有限公司发行股份及支付现金购买资产并募集配套资金相关内幕信息知 情人买卖股票情况的自查报告的专项核查意见》 ...

华泰联合证券有限责任公司 关于泰凌微电子（上海）股份有限公司本次交易 相关内幕知情人买卖股票情况自查报告的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"、"本独立财务顾 问"）作为泰凌微电子（上海）股份有限公司（以下简称"泰凌微"、"上市公 司"、"公司"）本次发行股份及支付现金购买资产并募集配套资金（以下简称 "本次交易"）的独立财务顾问，根据《中华人民共和国证券法》《上市公司重 大资产重组管理办法》《上市公司监管指引第 7 号——上市公司重大资产重组相 关股票异常交易监管》《公开发行证券的公司信息披露内容与格式准则第 26 号 ——上市公司重大资产重组》《监管规则适用指引——上市类第 1 号》等法律、 法规的要求，对本次交易相关内幕信息知情人买卖股票情况进行了核查，具体如 下： 一、本次交易的内幕信息知情人买卖上市公司股票的自查期间 本次交易的内幕信息知情人买卖上市公司股票的自查期间为：泰凌微为本次 交易申请股票停牌前 6 个月起至本次交易重组报告书披露之前一日止（即 2025 年 2 月 23 日至 2026 年 1 月 27 日）。 二、本次交易的内幕信息知情人核查范围 本次交易的内幕信 ...

Core Insights - The recent announcements from the Shanghai Stock Exchange highlight significant movements in the semiconductor industry, particularly regarding the National Integrated Circuit Industry Investment Fund (National Big Fund) and its plans to reduce holdings in various companies, including Anlu Technology [1][2][3] Group 1: National Big Fund's Actions - Anlu Technology announced that shareholders, including the National Big Fund, plan to reduce their holdings by up to 4% of the total shares, with the National Big Fund specifically reducing up to 8.02 million shares, representing no more than 2% of total shares [1][2] - Other semiconductor companies, such as Hushi Industry and Huizhiwei, have also disclosed similar reduction plans, indicating a broader trend of the National Big Fund's divestment across the semiconductor sector [2][3] - The National Big Fund's recent actions are interpreted not merely as negative signals but as indicators of the maturation and confidence of China's semiconductor industry under national strategic capital [1][2] Group 2: Financial Performance and Future Outlook - Anlu Technology's 2025 performance forecast indicates a year-on-year revenue decline and continued net losses, although a recovery trend is noted from the second quarter onward [2] - Hushi Industry's announcement revealed a planned reduction of up to 3% of its total shares by the National Big Fund, following a previous reduction that raised approximately 1.26 billion yuan [2] - The National Big Fund's first phase, established in 2014, is now in a phase of investment recovery, having supported key companies in the semiconductor sector, which are now becoming self-sustaining and competitive [4][5] Group 3: Investment Strategy and Future Funds - The National Big Fund operates with a market-oriented approach, with its first phase focusing on chip manufacturing and the second phase targeting semiconductor equipment and materials [4][5] - The second and third phases of the National Big Fund are actively investing in strategic areas of the semiconductor industry, with the second phase entering a "dual investment and exit" phase while the third phase accelerates investments in core technologies [5][6]

Core Viewpoint - The National Integrated Circuit Industry Investment Fund (referred to as "National Big Fund") has been actively reducing its holdings in the semiconductor sector since the beginning of the year, which has drawn significant market attention [1] Group 1: Fund Reduction Activities - On February 8, Anlu Technology (688107.SH) announced that the Big Fund Phase I plans to reduce its holdings by no more than 2% of the company's total share capital within the next three months [1] - This marks the third time since 2025 that Anlu Technology has faced a reduction plan from the Big Fund [1] - Other semiconductor companies such as Hu Silicon Industry (688126.SH), Tailin Micro (688591.SH), and Huizhi Micro (688512.SH) have also recently disclosed the latest reduction progress or plans from the Big Fund [1] Group 2: Long-term Strategy - Despite the frequent short-term reduction activities, the industry generally views this as a normal exit behavior for an investment fund, indicating that the strategic direction of supporting domestic growth and facilitating domestic substitution remains unchanged [1]

Group 1 - The core transaction involved 550,000 shares of Tai Ling Wei, with a total transaction value of 23.4685 million yuan, accounting for 10.44% of the total trading volume on that day [1][2] - The transaction price was 42.67 yuan per share, which represents a discount of 0.68% compared to the market closing price of 42.96 yuan [1][2]

Group 1 - The core transaction involved 481,500 shares of Tai Ling Micro, with a total transaction value of 20.0732 million yuan, accounting for 8.83% of the total trading volume on that day [1] - The transaction price was 41.69 yuan, which represents a discount of 0.79% compared to the market closing price of 42.02 yuan [1] - The transaction took place on February 6, 2026, with the buying brokerage being CITIC Securities and the selling brokerage being Huatai Securities [2]

Group 1 - The core transaction involved 1.22 million shares of Tai Ling Micro, with a total transaction value of 51.1668 million yuan, accounting for 22.97% of the total trading volume on that day [1] - The transaction price was 41.94 yuan per share, which represents a discount of 0.97% compared to the market closing price of 42.35 yuan [1] - The transaction was executed by an institutional trading department, specifically by Huatai Securities Co., Ltd. Beijing Branch [2]