（文章来源：证券日报） 证券日报网讯 10月31日晚间，新相微发布公告称，公司于近日收到政府补助资金人民币188万元，为与 收益相关的政府补助。 ...

（记者 曾健辉） 每经AI快讯，新相微10月31日晚间发布公告称，上海新相微电子股份有限公司于近日收到政府补助资 金人民币188万元，为与收益相关的政府补助。 每经头条（nbdtoutiao）——多地出现"负电价"，既然卖电"不挣钱"，为何电厂不愿停机？ ...

上海新相微电子股份有限公司（以下简称"公司"）于近日收到政府补助资 金人民币 188 万元，为与收益相关的政府补助。 二、 补助的类型及其对上市公司的影响 公司根据《企业会计准则第 16 号——政府补助》的有关规定，确认上述事 项并划分补助类型。上述政府补助未经审计，最终的会计处理以及对公司损益的 影响情况以审计机构年度审计确认后的结果为准。敬请广大投资者注意投资风险。 特此公告。 上海新相微电子股份有限公司董事会 2025 年 11 月 1 日 证券代码：688593 证券简称：新相微 公告编号：2025-072 上海新相微电子股份有限公司 关于获得政府补助的公告 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、 获得补助的基本情况 ...

Core Insights - The stock of Xinxing Micro fell by 3.18% on October 30, with a trading volume of 239 million yuan [1] - The company reported a financing net buy of -1.66 million yuan on the same day, indicating a higher level of financing repayment compared to new purchases [1] - As of October 30, the total financing and securities lending balance for Xinxing Micro reached 478 million yuan, which is 7.26% of its circulating market value, indicating a high level of financing activity [1] Financial Performance - For the period from January to September 2025, Xinxing Micro achieved a revenue of 436 million yuan, representing a year-on-year growth of 27.21% [2] - The net profit attributable to the parent company for the same period was 8.18 million yuan, showing a significant increase of 138.88% year-on-year [2] Shareholder Information - As of September 30, the number of shareholders for Xinxing Micro increased to 13,600, a rise of 13.65% from the previous period [2] - The average number of circulating shares per shareholder decreased by 12.01% to 23,644 shares [2] - Since its A-share listing, Xinxing Micro has distributed a total of 17.90 million yuan in dividends [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 5.50 million shares as a new investor [3]

Core Insights - The social security fund has disclosed its stock holdings for the third quarter, appearing in the top ten circulating shareholders of 20 stocks, with 9 new entries and 4 increases in holdings [1][2] Group 1: Stock Holdings - The total number of shares held by the social security fund in the 20 stocks is 68.2952 million, with a total market value of 4.237 billion yuan [1] - New entries include Sanyou Medical, Dongwei Technology, and Lexin Technology, with significant holdings [1] - The stocks with the highest number of social security fund shareholders include Yingxi Network, Nanwei Medical, Zhongwang Software, and Zhuoyi Information, with holdings of 7.934 million, 6.269 million, 3.809 million, and 2.337 million shares respectively [1] Group 2: Shareholding Ratios - The stock with the highest shareholding ratio by the social security fund is Haitai Xinguang, at 4.20%, followed by Nanwei Medical at 3.34% [2] - The largest number of shares held is in Yingxi Network, with 7.934 million shares, followed closely by Sanyou Medical and Nanwei Medical with 7.9145 million and 6.2692 million shares respectively [2] - The stocks with the highest market value held by the social security fund include Nanwei Medical, Lexin Technology, and Bochu Electronics, valued at 629 million, 598 million, and 542 million yuan respectively [2] Group 3: Performance Metrics - Among the stocks held by the social security fund, 15 reported year-on-year net profit growth in the first three quarters, with Sanyou Medical showing the highest increase of 623.19% [2] - Other notable net profit growth includes Shen Gong Co. and Xinxiang Micro, with increases of 158.93% and 138.88% respectively [2] - The social security fund's holdings are primarily concentrated in the electronics, computer, and power equipment industries, with 5, 4, and 3 stocks respectively [2] Group 4: Market Performance - The average decline of the stocks held by the social security fund since October is 3.32% [3] - The best-performing stock is Puyuan Precision, with a cumulative increase of 6.18%, followed by Maide Medical and Yingshi Innovation with increases of 4.89% and 4.22% respectively [3] - The stock with the largest decline is Lexin Technology, which has dropped by 13.80% [3]

Core Insights - Shanghai Xinxiang Microelectronics Co., Ltd. reported strong financial performance for the first three quarters of 2025, with revenue of 436 million yuan, a year-on-year increase of 27.21%, and a net profit attributable to shareholders of 8.18 million yuan, up 138.88% [1] Financial Performance - The company achieved a quarterly revenue of 151 million yuan in Q3, reflecting a year-on-year growth of 34.93%, and a non-recurring net profit of 1.13 million yuan, which is a significant increase of 262.17% [2] - R&D investment reached 52.4 million yuan in the first three quarters, marking a 23.83% increase, with R&D expenses accounting for 12.01% of revenue [3] Product Development and Market Position - Xinxiang Micro has expanded its product matrix to include a full range of display chip products, covering both integrated and separated types, which cater to various display technologies such as TFT-LCD, AMOLED, and MicroLED [2] - The company is well-positioned in the AMOLED and MicroLED high-end chip sectors, with expectations for AMOLED display driver chips to become a major growth driver, increasing its market share from 15.6% in 2024 to 23.6% by 2029 [3] Strategic Initiatives - The company is actively pursuing opportunities in the artificial intelligence sector, planning to invest 100 million yuan in Beijing Electronic Smart Technology Co., Ltd., which focuses on AI computing power and services [4] - By integrating its display chip expertise with AI capabilities, Xinxiang Micro aims to develop comprehensive solutions for emerging applications, fostering a collaborative ecosystem that enhances business growth and shareholder value [4] Market Outlook - Analysts suggest that the increasing importance of AI in global technology competition will lead to significant investments in AI infrastructure and applications, presenting major opportunities for sectors like domestic computing power and AI chips [5]

Summary of Key Points Core Viewpoint - Shanghai Xinxiang Microelectronics Co., Ltd. has fully repaid the temporarily used idle raised funds for working capital as of October 23, 2025 [1]. Group 1: Fundraising and Usage - The company held meetings on February 10, 2025, where it approved the use of up to RMB 100 million of idle raised funds to temporarily supplement working capital, ensuring that this would not affect the normal implementation of fundraising investment projects [1]. - The funds were intended for business expansion and daily operations related to the main business, with a usage period not exceeding 12 months from the board's approval date [1]. Group 2: Repayment of Funds - During the period of using the idle raised funds, the company adhered to relevant laws and regulations, and as of October 23, 2025, it has repaid a total of RMB 77.0869 million to the special account for raised funds ahead of schedule [1]. - The company has notified its continuous supervision institution and sponsor representative about the repayment of the funds [1].

Core Viewpoint - The company has conducted impairment testing on its credit and assets to fairly reflect its financial status as of September 30, 2025, and the operating results for the first three quarters of 2025 [2] Financial Summary - The company recognized an asset impairment loss of 6,357,526.37 RMB for the period from January to September 2025 [2] - The company reversed credit impairment losses amounting to 2,182,779.64 RMB [2] - The total provision for asset impairment amounted to 4,174,746.73 RMB [2]

Core Insights - Shanghai Xinxiang Microelectronics Co., Ltd. reported significant revenue growth in Q3 2025, achieving 151 million yuan, a year-on-year increase of 34.93% [1] - The net profit attributable to shareholders for Q3 was 2.73 million yuan, with a non-recurring net profit of 1.13 million yuan [1] - For the first three quarters of the year, the company recorded a total revenue of 436 million yuan, up 27.21% year-on-year, and a net profit of 8.18 million yuan, reflecting a substantial increase of 138.88% [1] Revenue and Profit Analysis - The significant revenue growth in Q3 was attributed to product category expansion, increased market share, and higher sales volume [1] - The non-recurring net profit saw a remarkable increase of 262.17% year-on-year, driven by higher revenue and increased gross profit [1] Research and Development Investment - Xinxiang Microelectronics increased its R&D investment to 52.4 million yuan in the first three quarters, marking a year-on-year growth of 23.83% [1] - R&D expenditure accounted for 12.01% of the total revenue, indicating a strong commitment to innovation and development [1] Company Overview - Xinxiang Microelectronics specializes in the research, design, and sales of integrated circuit products, primarily focusing on display chip products [1] - The company is recognized as one of the first in mainland China to achieve large-scale production of display chips, establishing a comprehensive industrial ecosystem advantage in the display chip design field [1]

Core Viewpoint - The company Xinxiangwei (688593.SH) reported significant growth in revenue and net profit for the first three quarters of 2025, indicating strong operational performance and potential for future investment opportunities [1] Financial Performance - The company achieved a revenue of 436 million yuan, representing a year-on-year increase of 27.21% [1] - The net profit attributable to shareholders reached 8.18 million yuan, showing a substantial year-on-year growth of 138.88% [1] - Basic earnings per share were reported at 0.018 yuan [1]