Group 1 - The company, Ankai Micro (688620.SH), has stated that it currently does not have any business related to liquid cooling servers [1]

Core Insights - Ankai Microelectronics (安凯微) reported a focus on the integration of intelligent terminals and IoT demands, increasing R&D investment to enhance core technology capabilities and drive multiple innovative chip products into trial or mass production stages [1] - The company achieved a revenue of 234.31 million yuan in the first half of 2025, with R&D investment reaching 67.42 million yuan, accounting for 28.78% of revenue, a significant increase of 7.01% year-on-year [1] - The company is expanding its chip product matrix and application scenarios in areas such as smart home, smart security, and intelligent terminals, enhancing its industry influence [1] Group 1: Product Development - Ankai Microelectronics is enhancing camera chip features such as intelligence, high definition, and low power consumption, with three camera chips entering trial production [2] - The KM01A and KM01W chips support Always On Video mode with low power consumption and high image capture capabilities, suitable for various applications [2] - The company launched a 4K video capture solution based on the KM02X chip, supporting multiple recognition algorithms and providing a complete audio-video interaction experience [2] Group 2: Bluetooth and Audio Chips - The fifth-generation Bluetooth audio chip has been officially released, supporting dual-mode and offering low power consumption and high-quality audio [3] - The AK1037 series BLE chip is ready for trial production, targeting smart lock control boards, with ongoing customer projects [3] - The AK1080 audio SoC product operates at low power in A2DP playback mode and supports intelligent voice interaction [3] Group 3: AI Product Line and Incentives - Ankai Microelectronics is actively promoting AI capabilities with a focus on cloud-edge-end collaboration, forming an integrated solution for AI inference [4] - The company has developed lightweight AI algorithms and optimized model parameters for efficient inference execution in smart scenarios [4] - A stock incentive plan was launched, granting 4.0598 million restricted shares to 106 core employees, aimed at enhancing team cohesion and innovation drive [5] Group 4: Future Outlook - The company plans to continue expanding AI application scenarios and develop localized, scene-specific models in collaboration with intelligent chips [4] - Ankai Microelectronics aims to integrate technology and market development, focusing on the trends of AI and IoT, and expanding chip applications in various fields [5]

Core Viewpoint - Ankai Microelectronics (688620) reported a significant decline in net profit, with a decrease of 740.87% year-on-year, indicating severe financial challenges and operational difficulties in the semiconductor industry [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 234 million yuan, down 3.02% from 242 million yuan in the same period of 2024 [1]. - The net profit attributable to shareholders was -49.25 million yuan, compared to -5.86 million yuan in the previous year, reflecting a drastic decline [1]. - Gross margin decreased to 15.28%, down 21.9% year-on-year, while net margin fell to -21.02%, a drop of 767.01% [1]. - Total operating expenses (sales, management, and financial expenses) amounted to 14.88 million yuan, representing 6.35% of revenue, an increase of 95.65% year-on-year [1]. Key Financial Metrics - Earnings per share (EPS) dropped to -0.13 yuan, a decrease of 1200.00% compared to -0.01 yuan in the previous year [1]. - Operating cash flow per share was -0.14 yuan, down 1733.05% from 0.01 yuan [1]. - The company's cash and cash equivalents decreased by 27.71% to 222 million yuan [3]. Changes in Financial Items - The decrease in prepaid expenses was 82.14%, attributed to reduced advance payments for production orders [3]. - Other current assets saw a decline of 75.26%, due to a decrease in input tax credits [3]. - The company reported a 251.77% increase in construction in progress, linked to increased procurement of photomasks [3]. Revenue and Cost Analysis - Revenue decreased by 3.02%, primarily due to intensified competition in the semiconductor market, leading to price pressures on certain products [4]. - Operating costs increased by 2.15%, driven by a 7.57% rise in chip shipment volumes [4]. - Sales expenses decreased by 14.27%, while management expenses rose by 9.09% due to increased salaries and depreciation [4]. Cash Flow and Investment - Net cash flow from operating activities decreased significantly by 1733.05%, attributed to reduced cash receipts from sales and government subsidies [8]. - Net cash flow from investing activities increased by 140.42%, due to higher cash payments for fixed assets and long-term assets [8]. - Net cash flow from financing activities decreased by 68.38%, primarily due to increased cash payments for debt repayment [9]. Strategic Developments - The company is focusing on expanding its product offerings in the semiconductor sector, particularly in low-power smart visual chips for smart glasses [13]. - Ankai Microelectronics is actively pursuing opportunities in artificial intelligence and IoT, with plans to enhance its product lines to include intelligent processing capabilities [14]. - The company has a strong emphasis on international markets, with over 50% of its revenue coming from exports in 2023 and 2024 [15].

证券之星消息，8月14日半导体板块较上一交易日上涨1.06%，龙图光罩领涨。当日上证指数报收于 3666.44，下跌0.46%。深证成指报收于11451.43，下跌0.87%。半导体板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688721 | 龙图光罩 | 53.72 | 12.98% | 12.93万 | | 7.12亿 | | 688256 | 寒武纪 | 949.00 | 10.35% | 15.07万 | | 140.35 Z | | 688041 | 海光信息 | 152.49 | 8.83% | 78.90万 | | 120.20亿 | | 688110 | 东芯股份 | 93.25 | 4.58% | 39.86万 | | 37.14亿 | | 688591 | 泰凌微 | 52.40 | 4.26% | 18.81万 | | 9.97亿 | | 688347 | 表可公司 | 70.50 | 3.62% | 28.94万 | | 20.3 ...

2024年，安凯微实现营业收入5.27亿元，同比减少7.94%；归属于上市公司股东的净利润-5676.82万元，同比 减少311.48%；归属于上市公司股东的扣除非经常性损益的净利润-6239.42万元，同比减少945.74%；经营活动 产生的现金流量净额-5998.89万元，同比减少428.78%。 安凯微的实际控制人为NORMAN SHENGFA HU(胡胜发)，美国国籍。 2023年6月27日，安凯微在上交所科创板上市，发行新股39,200.00万股，发行价格10.68元/股。安凯微的保荐 机构(主承销商)为海通证券股份有限公司(现名"国泰海通证券股份有限公司")，保荐代表人为周成材、吴熠 昊。 中国经济网北京8月14日讯安凯微(688620.SH)昨晚发布2025年半年度报告。2025年上半年，安凯微实现营业收 入2.34亿元，同比下降3.02%；归属于上市公司股东的净利润-4925.07万元，上年同期为-585.71万元；归属于 上市公司股东的扣除非经常性损益的净利润-4932.77万元，上年同期为-1059.65万元；经营活动产生的现金流 量净额为-5657.51万元，上年同期为346.44万元。 ...

报告期内，安凯微芯片产品的出货量实现了增长，继续保持市场份额；但半导体行业部分市场竞争加剧影响持续，部分产品价格承压，导致综合毛利率同比 下降；为持续增强技术优势和拓展产品/市场布局，公司保持稳定略增的研发投入。主要在以上因素的综合影响下，公司的业绩同比下降，研发投入占营业 收入的比例同比增加。 8月13日，安凯微发布2025年半年度业绩报告称，H1公司实现营业收入23,430.71万元，较去年同期减少728.6万元，同比下降3.02%；实现归属于上市公司股 东的净利润-4,925.07万元，同比减少4,339.36万元；实现归属于上市公司股东的扣除非经常性损益的净利润-4,932.77万元，同比减少3,873.12万元。 基本每股收益和稀释每股收益、扣除非经常性损益后的基本每股收益均同比下降；加权平均净资产收益率同比减少3.1个百分点，扣除非经常性损益后的加 权平均净资产收益率同比减少2.8个百分点。 另外，经营活动产生的现金流量净额同比下降-1,733.05%，主要是销售商品、提供劳务收到的现金减少所致。 报告期内，公司积极投入研发资源，继续加大研发投入，研发费用金额6,742.31万元，较去年同期增长7 ...

Fundraising Overview - The company raised a total of RMB 1,046,640,000.00 through the issuance of 98,000,000 shares at a price of RMB 10.68 per share, with a net amount of RMB 924,958,950.73 after deducting various fees [1][2] - The funds were deposited into a designated account on June 19, 2023, and have been verified by Huaxing Accounting Firm [1] Fund Usage and Management - As of June 30, 2025, the company has established a management system for the raised funds, ensuring compliance with relevant laws and regulations [2][3] - The company has not used any idle funds for temporary working capital or replaced any funds during the reporting period [5][6] - The company approved the use of up to RMB 620 million of idle funds for cash management, with a balance of RMB 550 million utilized for safe and liquid investment products as of June 30, 2025 [5] Fund Storage and Investment Projects - The company has not changed the investment projects funded by the raised capital as of June 30, 2025 [9] - All unused funds remain in the designated account and will continue to be allocated to the respective investment projects [8] Compliance and Disclosure - The company has complied with the disclosure requirements set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding the management and usage of raised funds [10]

广州安凯微电子股份有限公司 第二届董事会独立董事 2025 年第三次专门会议决议 广州安凯微电子股份有限公司（以下简称"公司"）根据《上市公司独立董 事管理办法》等法律法规及《广州安凯微电子股份有限公司章程》（以下简称 "《公司章程》"）、《广州安凯微电子股份有限公司独立董事工作制度》等有关规 定，于 2025 年 8 月 12 日 09:45-10:15 召开第二届董事会独立董事 2025 年第三 次专门会议。会议以现场召开结合通讯方式举行。会议应到独立董事 3 人，实 到独立董事 3 人，全体独立董事共同推举张海燕女士召集并主持本次会议，副 总经理兼董事会秘书李瑾懿女士记录。本次独立董事专门会议的召集、召开程 序合法、有效，形成的决议合法、有效。 经与会全体独立董事审议表决，一致通过如下议案： 一、《关于 2025 年半年度报告及其摘要的议案》（议案一） 张海燕 （本页无正文，为《广州安凯微电子股份有限公司第二届董事会独立董事 2025 年第三次专门会议决议》之签署页） 独立董事（签字）： ________________ 李军 （本页无正文，为《广州安凯微电子股份有限公司第二届董事会独立董事 2025 ...

证券代码：688620 证券简称：安凯微 公告编号：2025-044 广州安凯微电子股份有限公司 第二届董事会第十四次会议决议公告 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、董事会会议召开情况 广州安凯微电子股份有限公司（以下简称"公司"）第二届董事会第十四次会 议于 2025 年 8 月 12 日 10:30-11:00 在公司会议室以现场与通讯相结合的方式召开。 本次会议的通知已于 2025 年 8 月 1 日以通讯方式送达公司全体董事。本次会议由公 司董事长 NORMAN SHENGFA HU（胡胜发）[以下简称"胡胜发"]先生主持，会 议应出席董事 7 名，实际出席董事 7 名。本次会议的召集、召开和表决程序符合 《中华人民共和国公司法》（以下简称"《公司法》"）等法律、法规、规范性文件 和《广州安凯微电子股份有限公司章程》（以下简称"《公司章程》"）、《广州安凯 微电子股份有限公司董事会议事规则》的规定，会议决议合法、有效。 二、董事会会议审议情况 （一）审议通过《关于2025年半年度报告及其摘要的议案 ...

Core Viewpoint - The report evaluates the implementation of the "Quality Improvement and Efficiency Enhancement Action Plan" for 2025, highlighting the company's progress in chip projects and product launches, which are expected to contribute positively to performance in 2025 [1][2][3]. Group 1: Product Development and Innovation - The company has successfully launched multiple chip products, including low-power intelligent visual chips KM01A and KM01W, which support AOV technology and have various applications in smart security and wearable devices [2][3]. - The KM02X chip has been introduced for high-definition smart visual solutions, enabling 4K video capture and local AI algorithm execution for various scenarios [3][4]. - The company has developed a new generation of Bluetooth audio chips, which are in trial production and expected to be mass-produced in the second half of the year [4][5]. Group 2: Market Expansion and Client Development - The company has expanded its client base to include well-known domestic and international brands, with positive responses to its products in overseas markets [6]. - The company is actively pursuing opportunities for investment and acquisition to optimize its capital structure and expand its business boundaries [8][9]. Group 3: Research and Development - The company has increased its R&D investment by 7.01% year-on-year, accounting for 28.78% of its revenue, focusing on the application of AI technology in hardware [6][7]. - The company has obtained several patents and software copyrights, enhancing its intellectual property portfolio to support product and market expansion [7]. Group 4: Corporate Governance and Investor Relations - The company has implemented measures to improve corporate governance, including the establishment of a postdoctoral research station and the recognition of its technology center as a provincial-level enterprise technology center [8][10]. - The company has engaged in active communication with investors, ensuring transparency and timely information disclosure to protect investor rights [10][11]. Group 5: Future Outlook and Challenges - The company aims to focus on high-quality development, enhancing technical capabilities, and exploring new profit growth points amid increasing industry competition and pricing pressures [12].