| 证券代码：688689 | 证券简称：银河微电 | 公告编号：2025-038 | | --- | --- | --- | | 转债代码：118011 | 转债简称：银微转债 | | 常州银河世纪微电子股份有限公司 关于 2025 年半年度募集资金存放与实际使用情况的 专项报告 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。 根据中国证券监督管理委员会《上市公司募集资金监管规则》和《上海证券 交易所科创板上市公司自律监管指引第 1 号——规范运作》《上海证券交易所科 创板股票上市规则》等有关规定，本公司就 2025 年半年度募集资金存放与使用 情况作如下专项报告： 一、募集资金基本情况 1、2021 年首次公开发行股票募集资金存放情况 根据公司 2020 年第二次临时股东大会决议，并经中国证券监督管理委员会 证监许可[2020]3566 号文"关于同意常州银河世纪微电子股份有限公司首次公 开发行股票注册的批复"核准，公司向社会公众公开发行人民币普通股 32,100,000 股 ， 每 股 发 行 价 为 人 民 币 1 ...

常州银河世纪微电子股份有限公司 第三届监事会第二十次会议决议公告 本公司监事会及全体监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。 | 证券代码：688689 | 证券简称：银河微电 | 公告编号：2025-040 | | --- | --- | --- | | 转债代码：118011 | 转债简称：银微转债 | | 一、监事会会议召开情况 具体内容详见同日披露于上海证券交易所网站（www.sse.com.cn）的《2025 年半年度报告》《2025 年半年度报告摘要》。 （二）审议通过《关于<关于 2025 年半年度募集资金存放与实际使用情况 的专项报告>的议案》 监事会认为：公司 2025 年半年度募集资金的存放与使用符合《上市公司募 集资金监管规则》《上海证券交易所科创板上市公司自律监管指引第 1 号——规 范运作》等相关法律法规的要求，公司对募集资金进行了专户存储和专项使用， 不存在改变或变相改变募集资金投向和损害公司及全体股东利益的情形，不存在 违规使用募集资金的情形。 表决结果：3 票同意，0 票反对，0 票弃权。 具体内容详见 ...

常州银河世纪微电子股份有限公司2025 年半年度报告 公司代码：688689 公司简称：银河微电 转债代码：118011 转债简称：银微转债 常州银河世纪微电子股份有限公司 2025 年半年度报告 1 / 184 常州银河世纪微电子股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 详情敬请参阅本报告第三节"管理层讨论与分析"之"四、风险因素"相关内容。 三、 公司全体董事出席董事会会议。 四、 本半年度报告未经审计。 五、 公司负责人杨森茂、主管会计工作负责人李福承及会计机构负责人（会计主管人员）周浩 刚声明：保证半年度报告中财务报告的真实、准确、完整。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、 是否存在公司治理特殊安排等重要事项 □适用 √不适用 八、 前瞻性陈述的风险声明 √适用 □不适用 本报告内容涉及的未来计划等前瞻性陈述因存在不确定性，不构成公司对投资者的实质性承 诺，请投资者注意投资风险 ...

Core Insights - The power semiconductor industry in China has developed a complete ecosystem with leading companies specializing in various segments, including IGBT modules, diodes, and traditional devices, contributing to the import substitution process in key areas like automotive electronics and renewable energy [1][8]. Company Overview - New Energy and Stada Semiconductor focus on IGBT modules, leading in the renewable energy sector [1]. - Jiejie Microelectronics and Suzhou Good focus on diodes and thyristors, serving home appliances and industrial automation markets [1]. - Huazhong Microelectronics and Silan Microelectronics are IDM leaders covering the entire industry chain [1]. - Wentai Technology has expanded into automotive-grade products through the acquisition of Anshi Semiconductor [1]. - Yangjie Technology leads in discrete devices, while Dongwei Semiconductor and Hongwei Technology focus on high-end MOSFET and IGBT research [1]. - Pairui Technology specializes in high-voltage devices, and Zhenhua Technology and Huami Electronics have advantages in military and industrial sectors [1]. - Galaxy Microelectronics, Xindao Technology, and Kaiweite focus on miniaturized devices in niche markets [1]. Performance Comparison - In Q1 2025, most power semiconductor companies reported gross margins between 10% and 45%, indicating good profitability [5]. - Wentai Technology led in revenue with 13.1 billion yuan, although its year-on-year growth rate declined [5]. - Pairui Technology achieved the highest gross margin at 58.4%, showcasing its cost control and efficiency [5]. Revenue and Gross Margin Data - New Energy reported Q1 2025 revenue of 450 million yuan with a gross margin of 36.6% [6]. - Jiejie Microelectronics had revenue of 700 million yuan and a gross margin of 39.9% [6]. - Huazhong Microelectronics reported 2.35 billion yuan in revenue with a gross margin of 25.3% [6]. - Wentai Technology's revenue was 13.1 billion yuan with a gross margin of 14.0% [6]. - Silan Microelectronics had revenue of 3 billion yuan and a gross margin of 21.3% [6]. - Stada Semiconductor reported 920 million yuan in revenue with a gross margin of 30.4% [6]. - Suzhou Good achieved 900 million yuan in revenue with a gross margin of 10.8% [6]. - Yangjie Technology reported 1.58 billion yuan in revenue with a gross margin of 34.6% [6]. - Galaxy Microelectronics had revenue of 220 million yuan and a gross margin of 24.0% [6]. - Pairui Technology's revenue was 30 million yuan with a gross margin of 58.4% [6]. - Hongwei Technology reported 300 million yuan in revenue with a gross margin of 16.4% [6]. - Dongwei Semiconductor achieved 280 million yuan in revenue with a gross margin of 13.6% [7]. - Taiji Technology reported 70 million yuan in revenue with a gross margin of 29.0% [7]. - Zhenhua Technology had revenue of 910 million yuan and a gross margin of 42.5% [7]. - Huami Electronics reported 640 million yuan in revenue with a gross margin of 28.0% [7]. Regional Distribution - Domestic sales dominate, with most companies having over 70% of their sales in China, except Wentai Technology, which has a balanced global presence [8]. - The East and South China regions are core areas for companies like Stada Semiconductor, Silan Microelectronics, and New Energy, while North and Central China focus on industrial and power applications [8]. - Companies like Zhenhua Technology and Huami Electronics leverage local bases to expand into surrounding areas [8]. Future Business Plans - The industry aims to build competitive barriers through capacity expansion, automotive certification, and domestic substitution [16]. - Leading companies are accelerating the expansion of automotive-grade IGBT modules and focusing on the photovoltaic storage market [16]. - Companies are also enhancing their technology capabilities, with a focus on 12-inch wafer production and third-generation semiconductor layouts [16].

Company Overview - Galaxy Microelectronics Co., Ltd. is located in Changjiang North Road, New North District, Changzhou, Jiangsu Province, and was established on October 8, 2006. The company went public on January 27, 2021. Its main business involves the research, production, and sales of semiconductor discrete devices [2]. Stock Performance - As of August 22, the stock price of Galaxy Microelectronics increased by 2.10%, reaching 27.25 CNY per share, with a trading volume of 34.88 million CNY and a turnover rate of 1.00%. The total market capitalization is 3.513 billion CNY [1]. - Year-to-date, the stock price has risen by 29.99%. In the last 5 trading days, it increased by 3.02%, in the last 20 days by 9.97%, and in the last 60 days by 25.16% [2]. Financial Performance - For the period from January to March 2025, Galaxy Microelectronics achieved operating revenue of 218 million CNY, representing a year-on-year growth of 12.11%. The net profit attributable to the parent company was also reported [2]. Shareholder Information - As of July 20, the number of shareholders for Galaxy Microelectronics was 6,658, a decrease of 2.43% from the previous period. The average circulating shares per person increased by 2.49% to 19,360 shares [2]. - The company has distributed a total of 160 million CNY in dividends since its A-share listing, with cumulative distributions of 83.3852 million CNY over the past three years [2]. Institutional Holdings - As of March 31, 2025, among the top ten circulating shareholders, Bodao Yuanhang Mixed A (007126) is the fifth largest shareholder with 1.0256 million shares, marking it as a new shareholder. Bodao Growth Zhihang Stock A (013641) ranks as the eighth largest shareholder [2].

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 ...

Market Overview - The semiconductor sector increased by 1.04% on August 13, with Zhongchuan Special Gas leading the gains [1] - The Shanghai Composite Index closed at 3683.46, up 0.48%, while the Shenzhen Component Index closed at 11551.36, up 1.76% [1] Top Gainers in Semiconductor Sector - Zhongchuan Special Gas (688146) closed at 44.86, up 20.01% with a trading volume of 310,400 shares and a transaction value of 1.376 billion [1] - Sawing Wall Technology (688270) closed at 68.51, up 15.63% with a trading volume of 262,800 shares [1] - Shanghai HePin (688584) closed at 26.18, up 14.52% with a trading volume of 431,000 shares [1] - Liyang Chip (688135) closed at 24.40, up 14.23% with a trading volume of 183,600 shares [1] Decliners in Semiconductor Sector - Juguang Technology (688167) closed at 100.20, down 3.65% with a trading volume of 62,400 shares [2] - Xindao Technology (688230) closed at 72.71, down 2.56% with a trading volume of 32,900 shares [2] - Jinghua Micro (688130) closed at 25.52, down 2.48% with a trading volume of 52,800 shares [2] Capital Flow Analysis - The semiconductor sector experienced a net outflow of 2.551 billion from institutional investors, while retail investors saw a net inflow of 2.53 billion [2] - The net inflow from speculative funds was 20.592 million [2] Individual Stock Capital Flow - Haowei Group (603501) had a net inflow of 476 million from institutional investors, while it faced a net outflow of 240 million from speculative funds [3] - Ziguang Guowei (002049) saw a net inflow of 199 million from institutional investors, with a net outflow of 85.01 million from speculative funds [3] - Long Electric Technology (600584) had a net inflow of 169 million from institutional investors, with a net outflow of 39.93 million from speculative funds [3]

Core Viewpoint - Galaxy Microelectronics plans to invest 310 million yuan in the construction of a high-end integrated circuit discrete device industrialization base to enhance production capacity and scale [1] Group 1: Investment and Expansion Plans - The investment will be funded by the company's own or self-raised funds, with a construction period of 30 months [1] - The project aims to lay the foundation for the future construction of a high-end integrated circuit discrete device industrialization base [1] Group 2: Market Position and Product Offerings - Galaxy Microelectronics is a leading manufacturer of semiconductor discrete devices, with products including small signal devices, power devices, optoelectronic devices, power management ICs, and third-generation semiconductor devices (SiC, GaN) [1] - The products are widely used in automotive electronics, consumer electronics, industrial control, new energy, and 5G communication sectors [1] Group 3: Financial Performance and Market Demand - The market size of China's semiconductor discrete device industry has been expanding, with Galaxy Microelectronics' revenue projected to grow from 676 million yuan in 2022 to 909 million yuan in 2024 [1] - The company faces limitations in production capacity due to site, equipment, and human resources, necessitating the expansion of semiconductor discrete device capacity to meet growing market demand [1] Group 4: Technological Advancements and Product Development - Silicon remains the mainstream semiconductor discrete device process platform, but new materials like SiC and GaN are maturing and gaining market share in applications such as electric vehicles and photovoltaic inverters [2] - In 2024, the company plans to optimize its product structure, focusing on increasing the sales proportion of MOS products, TVS, and voltage regulator products [2] - The company has made significant breakthroughs in customer expansion for automotive-grade semiconductor device industrialization projects [2] Group 5: New Industry Layout and Collaborations - The automotive-grade semiconductor device industrialization project is in the capacity ramp-up stage, covering IGBT and SiC MOSFET products, and has received supply chain certifications from multiple automotive companies [2] - The company aims to meet international automotive standards (AEC-Q101) and gradually replace market shares held by overseas manufacturers like Infineon and ON Semiconductor [2] - Optoelectronic couplers and LED products are being applied in industrial automation and medical equipment, with collaborations to develop high-precision sensors and power management modules [2]

Group 1 - The core viewpoint of the news is that Galaxy Microelectronics (688689) has experienced a decline in stock price and significant changes in its financial performance as of the latest quarter [1] - As of August 8, 2025, the stock closed at 27.45 yuan, down 1.05%, with a turnover rate of 2.41% and a trading volume of 31,000 hands, amounting to 84.34 million yuan [1] - The net outflow of main funds today was 16.71 million yuan, accounting for 19.81% of the transaction amount, with large orders showing a net outflow of 10.14 million yuan [1] Group 2 - For the first quarter of 2025, the company reported total operating revenue of 21.8 million yuan, a year-on-year increase of 12.11%, while net profit attributable to shareholders decreased by 64.77% to 6.1 million yuan [1] - The company's current ratio is 4.587, quick ratio is 3.994, and debt-to-asset ratio is 37.92% [1] - Galaxy Microelectronics was established in 2006 and is primarily engaged in the manufacturing of computers, communications, and other electronic devices, with a registered capital of 1.289 billion yuan [1][2]

Market Overview - The semiconductor sector increased by 0.58% on August 5, with Xin Heng Hui leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up 0.96%, while the Shenzhen Component Index closed at 11106.96, up 0.59% [1] Top Gainers in Semiconductor Sector - Xin Heng Hui (301678) closed at 91.81, up 16.23% with a trading volume of 218,100 shares and a transaction value of 1.817 billion [1] - Aishi Chuang (300706) closed at 38.46, up 10.20% with a trading volume of 404,000 shares [1] - Yinhe Microelectronics (688689) closed at 27.47, up 3.82% with a trading volume of 51,700 shares [1] Top Losers in Semiconductor Sector - Dongxin Co., Ltd. (688110) closed at 60.87, down 11.63% with a trading volume of 726,300 shares [2] - Hongwei Technology (688711) closed at 26.02, down 4.97% with a trading volume of 139,000 shares [2] - SIRUI Technology (688536) closed at 144.86, down 3.28% with a trading volume of 32,600 shares [2] Capital Flow Analysis - The semiconductor sector experienced a net outflow of 1.266 billion from institutional investors, while retail investors saw a net inflow of 265 million [2] - The top stocks with significant net inflows from retail investors include Ziguang Guowei (002049) with a net inflow of 110 million [3] Individual Stock Capital Flow - Saiwuji (688256) had a net inflow of 158 million from institutional investors, while it faced a net outflow of 155 million from retail investors [3] - Yuanjie Technology (688498) saw a net inflow of 111 million from institutional investors, with a net outflow of 106 million from retail investors [3] - Yangjie Technology (300373) had a net inflow of 84.54 million from institutional investors, but faced a net outflow of 37.32 million from retail investors [3]