如果您希望可以时常见面，欢迎标星收藏哦~ | 股东名称 | 持股数量 占公司总股本 累计被冻结股 累计占其所 累计占公司 | | --- | --- | | | (股) 比例 份数量(股) 持股份比例 总股本比例 | | | | 刚刚，芯海发布公告称，近日，芯海科技（深圳）股份有限公司（以下简称"公司"或"本公司"）收 到控股股东、实际控制人卢国建先生的通知，其所持有本公司部分股份被司法冻结，现将具体情况 公告如下： | 股东 | 是否为 控股股 | 冻结股份 | 与其 所持 | 占公 司总 | 冻结股 份是否 | 冻结起始 | 冻结到期 | 冻结申 | 冻结原 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 东、实际 | 数量(股) | 股份 | 股本 | 为限售 | H | H | 请人 | 大 | | | 控制人 | | 比例 | 比例 | 股 | | | | | | 卢国建 | 是 | 670, 055 | 1.68% | 0. 47% | 否 | 2026-1-13 | 2029-1-12 | 乔爱国 | ...

| 证券代码：688595 | 证券简称：芯海科技 | 公告编号：2026-006 | | --- | --- | --- | | 债券代码：118015 | 债券简称：芯海转债 | | 芯海科技（深圳）股份有限公司 关于公司控股股东、实际控制人部分股份 被司法冻结的公告 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。 近日，芯海科技（深圳）股份有限公司（以下简称"公司"或"本公司"） 收到控股股东、实际控制人卢国建先生的通知，其所持有本公司部分股份被司法 冻结，现将具体情况公告如下： 一、股份冻结的具体情况 （一）本次股份被冻结的基本情况 | 股东 | 是否为 | | 占其 | 占公 | 冻结股 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 控股股 | 冻结股份 | 所持 | 司总 | 份是否 | 冻结起始 | 冻结到期 | 冻结申 | 冻结原 | | 名称 | 东、实际 | 数量（股） | 股份 | 股本 | 为限 ...

Investment Rating - The report does not explicitly state an investment rating for the company Core Insights - The semiconductor industry is experiencing a resurgence driven by increased demand for AI, leading to a price increase across various chip segments [2][3] - The company, Chipsea Technology, has faced significant financial challenges, including three consecutive years of losses, with a rising interest-bearing debt ratio reaching 41% [2][6] - Despite a projected revenue recovery in 2024 to 702 million and a further increase to 849 million in 2025, the company continues to report net losses, narrowing from 143 million in 2023 to 106 million in 2025 [6][7] Summary by Sections Company Overview - Chipsea Technology, established in 2003, focuses on high-precision ADCs, MCUs, and AIoT chips, operating under a Fabless model that emphasizes design over manufacturing [4][5] Financial Performance - The company's revenue has fluctuated significantly, with a decline in 2022 and 2023, followed by a recovery in 2024 and 2025 [6][10] - The gross margin improved to 35.5% in the first three quarters of 2025, up 7 percentage points from 2023 [13] Research and Development - R&D expenses have surged, reaching nearly 300 million in 2024, accounting for over 30% of revenue, which contributes to ongoing losses [17][18][19] - The company is investing heavily in R&D to maintain competitiveness in the ADC sector and to develop high-reliability automotive-grade chips [21][23] Market Dynamics - The MCU and ADC markets are highly competitive, with major players dominating the high-margin segments, while Chipsea faces intense competition in the low-end market [26][27][33] - The company is attempting to penetrate high-value markets such as automotive and AI, but these segments are still in early development stages and face long certification cycles [35][37] Financial Health - The company has experienced negative cash flow since 2020, with a total outflow of 530 million, necessitating external financing to sustain operations [39][41] - As of September 2025, the interest-bearing debt ratio stands at 41.4%, indicating significant financial pressure due to ongoing R&D expenditures [41][42]

逻辑简单粗暴：暴增的AI需求像一台巨大的吸尘器，持续挤压着传统芯片的代工产能。价格链的传 导如同多米诺骨牌，最终砸向了每一个环节。 对于那些曾经被存货积压压得喘不过气的企业来说，这场涨价潮或许就是翻身的号角。而在这一众玩 家中，同时经营多种芯片与MCU（微控制单元）业务的芯海科技，能在这波浪潮中瓜分到多少？ 从做出来到卖得好，再到赚大钱，中间隔着千山万水。 作者 | 贝壳XY 编辑 | 小白 涨价，通通涨价，一个接一个涨价！ 最近，半导体行业的空气里弥漫着一种久违的躁动。这不仅仅是内存、显卡这类AI芯片的独角戏， 就连手机芯片大厂联发科都在酝酿涨价。 归母净利润的变动更为明显，继2022年大跌后，2023年直接亏损了1.43亿元，2024年亏损金额进一步 增加至1.73亿元。直到2025年，才出现减亏信号，归母净亏损收窄至1.06亿元。 （来源：Choice终端，制图：市值风云APP） 似乎，芯海科技正在走出阴霾？ "过山车"般业绩，2025年有所 回暖 芯海科技，成立于2003年，典型的"技术流"公司，核心生意就是做"感知"和"计算"。 具体来说，芯海科技的主营业务聚焦于高精度ADC（模拟/数字转换器）、M ...

Financial Performance Summary - The company achieved total operating revenue of 848.5573 million RMB, representing a year-on-year increase of 20.82% [4] - The net profit attributable to the parent company was -106.0393 million RMB, and the net profit after deducting non-recurring gains and losses was -115.6443 million RMB, indicating a decrease in losses by 66.4104 million RMB compared to the previous year [4] - Total assets at the end of the reporting period were 1,509.7519 million RMB, a decrease of 10.94% year-on-year, while equity attributable to the parent company was 747.2025 million RMB, down 1.09% year-on-year [4] Business Growth Drivers - The revenue growth was primarily driven by strategic investments in new products such as series BMS chips, smart wearable PPG chips, and USB HUB chips, which entered a rapid growth phase [4] - Traditional business segments, including smart instruments, human-computer interaction, and low-end consumer chips, showed stable demand, contributing to overall revenue growth [4]

Group 1 - The core point of the article is that Chipsea Technology announced its projected revenue and net profit for 2025, indicating a significant growth in revenue but a negative net profit [2] - The company expects to achieve a total operating revenue of 848.5573 million yuan in 2025, which represents a year-on-year increase of 20.82% [2] - The net profit attributable to the parent company is projected to be -106.0393 million yuan, indicating a loss [2]

Group 1 - The core viewpoint of the article is that Chipsea Technology (688595.SH) reported its financial performance for the fiscal year 2025, showing a significant increase in revenue but a notable loss in net profit [1] Group 2 - The company achieved total operating revenue of 848.55 million yuan, representing a year-on-year growth of 20.82% [1] - The net profit attributable to the parent company was a loss of 106.04 million yuan [1] - The net profit attributable to the parent company, after deducting non-recurring gains and losses, was a loss of 115.64 million yuan, which is a decrease in loss of 66.41 million yuan compared to the previous year [1]

Financial Performance - Total revenue for 2025 reached RMB 84,855.73 million, representing a year-on-year increase of 20.82%[4] - Net loss attributable to shareholders of the parent company was RMB -10,603.93 million, a reduction in loss of RMB 6,641.04 million compared to the previous year[6] - Basic earnings per share for the period were RMB -0.76, an improvement from RMB -1.23 in the previous year[4] - The company’s weighted average return on net assets was -14.26%, an improvement from -21.14% in the previous year[5] Assets and Equity - Total assets at the end of the reporting period were RMB 150,975.19 million, a decrease of 10.94% year-on-year[6] - Equity attributable to shareholders of the parent company was RMB 74,720.25 million, down 1.09% from the previous year[6] Revenue Drivers - The increase in revenue was driven by strategic investments in new products such as BMS chips, PPG chips, and USB HUB chips, which entered a rapid growth phase[6] - Traditional business segments, including smart instruments and low-end consumer chips, showed stable demand, contributing to overall revenue growth[6] Financial Data Caution - The company emphasizes that the financial data is preliminary and subject to final audit, with potential discrepancies in the annual report[8] - Investors are advised to be aware of investment risks associated with the preliminary financial data[8]

Core Viewpoint - Chipsea Technology reported a total operating revenue of 849 million yuan for the fiscal year 2025, representing a year-on-year growth of 20.82%. However, the company incurred a net loss of 106 million yuan during the same period [1]. Financial Performance - The total operating revenue for 2025 reached 849 million yuan, marking a 20.82% increase compared to the previous year [1]. - The net profit attributable to the parent company, after excluding non-recurring gains and losses, showed a reduced loss of 66.41 million yuan compared to the same period last year [1].

Core Viewpoint - The company is focusing on integrating AI capabilities with full signal chain technology to create a closed-loop solution for health management, rather than independently developing AI large models [1] Group 1: AI Strategy - The company's AI strategy emphasizes collaboration in "cloud-edge-end" to provide a combination of "chip + algorithm + solution" [1] - The company is actively monitoring cutting-edge technologies and is committed to seizing development opportunities in the health sector [1] Group 2: Health Management Business - The health management business is being developed in partnership with industry collaborators to promote the implementation of related solutions [1] - The goal is to achieve large-scale applications in the smart health field [1]