炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 9月23日，银河微电收跌2.06%，收盘价为27.52元，发生1笔大宗交易，合计成交量8.9万股，成交金额 244.93万元。 第1笔成交价格为27.52元，成交8.90万股，成交金额244.93万元，溢价率为0.00%，买方营业部为民生证 券股份有限公司苏州分公司，卖方营业部为广发证券股份有限公司总部。 进一步统计，近3个月内该股累计发生5笔大宗交易，合计成交金额为1702.08万元。该股近5个交易日累 计下跌1.85%，主力资金合计净流出1022.91万元。 责任编辑：小浪快报 ...

| 交易日期 证券简称 | | 证券代码 --------- | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | | | 美出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 025-09-23 | 报河微电 | 688689 | 27.52 | 244.93 | 8.9 | 恳告劈熬劈毁鸟圆 | 公書還藝般的有限 | 180 | 9月23日，银河微电大宗交易成交8.9万股，成交额244.93万元，占当日总成交额的1.83%，成交价27.52 元，较市场收盘价27.52元持平。 ...

| 证券代码：688689 | 证券简称：银河微电 | 公告编号：2025-043 | | --- | --- | --- | | 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 大股东及其一致行动人提前终止减持计划暨减持 股份结果公告 2025 年 6 月 25 日，公司在上海证券交易所网站（www.sse.com.cn）披露了 《大股东及其一致行动人及董监高减持股份计划公告》（公告编号：2025-029）， 自减持计划公告披露之日起的 15 个交易日后的 3 个月内，银江投资和银冠投资 拟采用集中竞价、大宗交易两种方式合计减持 1,882,294 股，占公司总股本的 1.46%。若在上述减持期间，公司有送红股、转增股本、增发新股等股份变动股 1 本除权除息事项，对应的减持股份数量将进行相应的调整，并在相关公告中予以 说明。 公司于 2025 年 9 月 4 日在上海证券交易所（www.sse.com.cn）披露了《关 于持股 5%以上股东及其一致行动人权益变动触及 1%刻度的提示性公告》（公告编 号：2025-042），本次权益变动后，银江投资、银冠投资及其一致行动 ...

格隆汇9月9日丨银河微电(688689.SH)公布，2025年9月8日，公司收到股东银江投资、银冠投资发来的 《股份减持情况告知函》，2025年8月13日至2025年9月8日，银江投资、银冠投资通过大宗交易合计减 持公司股份59.3万股，通过竞价交易合计减持公司股份128.9万股，减持股份数量占公司总股本的比例达 到1.46%。因股东当前自身资金需求已基本满足，决定提前终止本次减持计划。 ...

Core Viewpoint - The A-share market has seen a strong performance in silicon carbide concept stocks, indicating growing investor interest and potential market momentum [1] Group 1: Stock Performance - Tianyue Advanced reached a daily limit increase of 20% [1] - Jing Sheng Machinery surged over 11% [1] - Luxiao Technology and Tiantong Co. both hit a daily limit increase of 10% [1] - Tianfu Energy increased by over 8% [1] - Haixi Communications, Yintang Zhikong, Sanan Optoelectronics, and Dongni Electronics all rose by over 6% [1] - Yinhai Microelectronics saw an increase of nearly 6% [1]

Core Insights - Galaxy Microelectronics (688689.SH) reported a revenue of 477 million yuan for the first half of 2025, marking a year-on-year increase of 14.54% [1] - The net profit attributable to shareholders decreased to 27.22 million yuan, a decline of 21.87% year-on-year, while the net profit excluding non-recurring gains and losses fell by 19.91% to 17.69 million yuan [1] Revenue and Profit Analysis - The company maintained a growth trajectory in revenue, achieving 477 million yuan in the first half of 2025, which is a 14.54% increase compared to the previous year [1] - However, the net profit attributable to shareholders saw a significant decline of 21.87%, primarily due to increased competition and strategic adjustments leading to higher costs [1] Cost and Investment Factors - The profit decline is attributed to two main factors: intense external market competition affecting product pricing and profit margins, and internal strategic adjustments resulting in increased costs [1] - The company has made new investments in the optoelectronic devices and IGBT module sectors, including equipment purchases and personnel increases, which have led to a significant rise in fixed costs [1] Cash Flow and Operational Impact - The new projects are still in the capacity ramp-up phase and have not yet achieved economies of scale, which has directly impacted profit margins due to high cost allocation [1] - Additionally, the expansion in sales scale has resulted in increased employee compensation and higher cash payments for goods, leading to a 34.43% year-on-year decline in net cash flow from operating activities [1] Shareholder Activity - The Changzhou Yinjian Investment Management Center (Limited Partnership) conducted a reduction in holdings from March to June, cumulatively reducing 4.41 million shares, amounting to approximately 108 million yuan [1] - The company's chairman, Yang Senmao, serves as the executive partner of Yinjian Investment [1]

Summary of Key Points Core Viewpoint - On September 3, 2023, Galaxy Microelectronics experienced two block trades totaling 347,900 shares, with a transaction value of 8.4483 million yuan, reflecting a discount of 7.89% compared to the closing price of the day [2]. Trading Activity - The total transaction volume for the two block trades was 347,900 shares, with a total transaction amount of 8.4483 million yuan, and the transaction price was 24.28 yuan per share [2]. - Over the past three months, Galaxy Microelectronics has recorded four block trades, with a cumulative transaction value of 14.5715 million yuan [2]. Stock Performance - The closing price of Galaxy Microelectronics on the day of the block trades was 26.36 yuan, showing a slight decline of 0.11% [2]. - The stock had a turnover rate of 2.04%, with a total trading volume of 69.6227 million yuan for the day, and a net outflow of main funds amounting to 5.2234 million yuan [2]. - Over the past five days, the stock has decreased by 1.27%, with a total net outflow of funds amounting to 5.0960 million yuan [2]. Margin Financing - The latest margin financing balance for Galaxy Microelectronics is 91.2528 million yuan, which has increased by 9.1212 million yuan over the past five days, representing an increase of 11.11% [2].

Core Viewpoint - The announcement details a reduction in shareholding by major shareholders of Galaxy Microelectronics, indicating a decrease in their combined ownership from 66.56% to 65.55% without triggering mandatory tender offer obligations [1][2]. Group 1: Shareholder Information - Major shareholders include Changzhou Yinjing Investment Management Center and Changzhou Yinguang Investment Management Center, along with their concerted actions [1]. - The shareholding structure shows that the largest shareholder, Changzhou Yinjing Investment, held 647.226 million shares (5.02%) before the reduction and 574.655 million shares (4.46%) after [2]. - Changzhou Yinguang Investment held 410.083 million shares (3.18%) before the reduction and 353.347 million shares (2.74%) after [2]. Group 2: Shareholding Changes - The total number of shares held by the concerted actions remains unchanged for Changzhou Galaxy Xingyuan Investment and ACTION STAR INTERNATIONAL LIMITED, holding 4,074.774 million shares (31.61%) and 3,447.300 million shares (26.74%) respectively [2]. - The overall reduction in shareholding does not affect the control of the company or its governance structure [2][3]. Group 3: Compliance and Regulations - The reduction in shareholding complies with the Shanghai Stock Exchange's regulations and does not violate any existing commitments or plans [3]. - The announcement confirms that the reduction is part of a planned divestment by the shareholders, which has not yet been fully executed [2].

格隆汇9月3日丨银河微电(688689.SH)公布，公司于2025年9月3日收到股东常州银江投资管理中心(有限 合伙)(以下简称"银江投资")、常州银冠投资管理中心(有限合伙)(以下简称"银冠投资")发来的《股份减 持情况告知函》，上述股东于2025年3月26日至2025年9月3日期间，通过集中竞价及大宗交易的方式， 合计减持公司无限售流通股129.31万股，其与一致行动人合计持有公司股份比例由66.56%减少至 65.55%，权益变动触及1%刻度。 ...

格隆汇9月3日丨银河微电(688689.SH)公布，公司于2025年9月3日收到股东常州银江投资管理中心(有限 合伙)(以下简称"银江投资")、常州银冠投资管理中心(有限合伙)(以下简称"银冠投资")发来的《股份减 持情况告知函》，上述股东于2025年3月26日至2025年9月3日期间，通过集中竞价及大宗交易的方式， 合计减持公司无限售流通股129.31万股，其与一致行动人合计持有公司股份比例由66.56%减少至 65.55%，权益变动触及1%刻度。 ...