Core Viewpoint - The company, Chipsea Technology, has successfully passed Intel's Platform Component List (PCL) certification for its EC chips, marking a significant achievement in meeting international industry standards and gaining recognition in the computing ecosystem [1] Group 1: Collaboration with Intel - Chipsea Technology's EC chips are the first mainland EC products to be included in Intel's PCL, indicating they meet Intel's new platform functionality and quality requirements [1] - The inclusion in Intel's PCL allows Chipsea's products to enter the traditional computing ecosystem and meet the entry requirements for computer product customers [1] - The company plans to continue close collaboration with Intel, focusing on synergistic innovation between underlying chips and complete system solutions [1]

Group 1 - The core point of the article is that Chipsea Technology has confirmed its pressure touch control products are being utilized in Alibaba's newly released Quark AI glasses [1] Group 2 - Investors inquired about the products provided by Chipsea Technology for the Quark AI glasses [1] - Chipsea Technology's response highlights its involvement in the development of innovative technology for consumer electronics [1]

Group 1 - The core viewpoint of the article highlights that Chipsea Technology (688595) is actively exploring and collaborating with relevant clients in the robotics field, focusing on key applications such as electronic skin and six-dimensional force sensors [1] Group 2 - The company is engaging in partnerships to advance its technology in the robotics sector, indicating a strategic move towards innovation and market expansion [1] - The emphasis on electronic skin and six-dimensional force sensors suggests a targeted approach to meet emerging demands in robotics applications [1]

Core Viewpoint - Chipsea Technology has successfully passed Intel's Platform Component List (PCL) certification for its EC chips, becoming the first mainland EC product to meet international industry standards and gain international recognition [1] Group 1: Certification and Standards - Chipsea's EC chips are now listed on Intel's PCL, indicating they meet Intel's new platform functionality and quality requirements, achieving international standards [1] - The certification allows Chipsea to enter the traditional computing ecosystem and meet the entry requirements of computer product customers [1] Group 2: Future Collaboration - The company plans to continue close collaboration with Intel, focusing on synergistic innovation between underlying chips and complete system solutions [1]

Core Viewpoint - Chipsea Technology (688595.SH) has no plans to participate in the Hongmeng Starlight Festival Conference [1] Company Summary - Chipsea Technology confirmed on the investor interaction platform that it will not attend the Hongmeng Starlight Festival Conference [1]

Core Viewpoint - Chipsea Technology (688595.SH) has announced that its pressure touch control products have been applied in Quark AI glasses [1] Group 1 - The company is actively engaging with investors through its interactive platform [1] - The application of pressure touch control technology in AI glasses indicates a potential expansion into the wearable technology market [1]

Core Viewpoint - Chipsea Technology's stock price has shown fluctuations, with a year-to-date increase of 6.07% and a recent 5-day increase of 7.58%, despite a 15.35% decline over the past 60 days [2] Company Overview - Chipsea Technology (Shenzhen) Co., Ltd. was established on September 27, 2003, and went public on September 28, 2020. The company is located in Shenzhen, Guangdong Province [2] - The company's main business involves the research, design, and sales of chip products, with revenue composition as follows: MCU chips 46.45%, AIoT chips 25.92%, analog signal chain chips 25.81%, and others 1.79% [2] Financial Performance - For the period from January to September 2025, Chipsea Technology achieved operating revenue of 615 million yuan, representing a year-on-year growth of 19.59%. However, the net profit attributable to the parent company was a loss of 62.98 million yuan, which is a year-on-year increase of 45.23% in losses [2] - The company has distributed a total of 49.92 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders of Chipsea Technology was 12,800, an increase of 11.16% from the previous period. The average circulating shares per person decreased by 8.99% to 11,240 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 3.27 million shares as a new shareholder. Other funds have exited the top ten list [3] Market Activity - On December 1, Chipsea Technology's stock price rose by 2.26%, reaching 34.79 yuan per share, with a trading volume of 52.88 million yuan and a turnover rate of 1.08%. The total market capitalization is 5.01 billion yuan [1] - In terms of capital flow, there was a net inflow of 1.23 million yuan from main funds, with significant buying activity from large orders [1]

Investment Rating - The report assigns a "Buy-B" investment rating to the company, with a target price of 39 yuan for 2026, based on a 5x price-to-sales (PS) ratio [4][6]. Core Insights - The company has demonstrated significant revenue growth and a reduction in losses, achieving 615 million yuan in revenue for the first three quarters of 2025, a year-on-year increase of 19.59%. The net profit loss narrowed to 63 million yuan, a substantial improvement of 52 million yuan compared to the previous year [2]. - The decision not to adjust the conversion price of the "Xinhai Convertible Bonds" reflects the board's confidence in the company's long-term value and growth prospects. This decision sends a positive signal to the market [3]. - The company is expected to leverage its dual-platform technology capabilities in analog and MCU, along with a comprehensive solution that integrates chips, algorithms, scenarios, and AI, to achieve effective growth in key strategic areas such as BMS, industrial precision measurement, PC, and automotive electronics [4]. Financial Performance Summary - Revenue projections for 2025 to 2027 are 899 million yuan, 1.124 billion yuan, and 1.303 billion yuan, respectively. The expected net profits for the same period are 7 million yuan, 53 million yuan, and 125 million yuan, indicating a positive trend towards profitability [4][10]. - The company has maintained a high level of strategic R&D investment while optimizing its operational management and cost structure, which has further enhanced its profitability [2]. Market Position and Growth Potential - The company is actively expanding into high-end sectors such as automotive electronics and industrial control, while also launching its first high-performance MCU chip with AI processing capabilities. This positions the company well for future growth and value recovery [3].

Group 1 - The second temporary shareholders' meeting of Chipsea Technology (Shenzhen) Co., Ltd. was held on November 25, 2025, at the Shenzhen Bay Innovation Technology Center [2] - The meeting was convened by the board of directors and chaired by Chairman Lu Guojian, utilizing a combination of on-site and online voting methods [2][3] - All nine current directors attended the meeting, along with the board secretary and other key executives [3] Group 2 - The proposal to reappoint the accounting firm was approved during the meeting [4] - The voting process for the proposal included separate counting for small and medium investors [5] - The meeting was witnessed by lawyers from Zhejiang Tiance (Shenzhen) Law Firm, confirming that all procedures and voting results were legal and valid [5]

芯海科技（深圳）股份有限公司 2025年第二次临时股东会决议公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 11 月 25 日 （二） 股东会召开的地点：深圳市南山区粤海街道科苑南路 3156 号深圳湾创新 科技中心 T1 栋 3 楼 | 证券代码：688595 | 证券简称：芯海科技 | 公告编号：2025-063 | | --- | --- | --- | | 债券代码：118015 | 债券简称：芯海转债 | | （五） 公司董事和董事会秘书的出席情况 1、 公司在任董事9人，出席9人； 2、 董事会秘书张娟苓出席了本次会议；财务总监谭兰兰、副总经理万巍、副总 经理郭争永、副总经理王君宇和浙江天册（深圳）律师事务所执业律师刘雪莹、 刘珂豪列席了本次会议。 二、 议案审议情况 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人 ...