成都华微电子科技股份有限公司 投资者关系管理制度 第一章 总则 第一条 为进一步加强成都华微电子科技股份有限公司 （以下简称"公司"）与投资者和潜在投资者（以下统称"投 资者"）之间的信息沟通，加深投资者对公司的了解和认同， 促进公司与投资者之间长期、稳定的良性关系，促进公司诚 信自律、规范运作，提升公司的投资价值，实现公司的价值 最大化和股东利益的最大化，根据《中华人民共和国公司法》 《中华人民共和国证券法》《上市公司治理准则》等相关法 律、法规、规章、规范性文件的规定及《公司章程》的有关 规定，制定本制度。 第二条 投资者关系管理工作是指公司通过便利股东权 利行使、信息披露、互动交流和诉求处理等工作，加强与投 资者及潜在投资者之间的沟通，增进投资者对公司的了解和 认同，以提升公司治理水平和企业整体价值，实现尊重投资 者、回报投资者、保护投资者目的的相关活动。 第三条 投资者关系管理工作应当严格遵守有关法律、 行政法规、部门规章、规范性文件和上海证券交易所的相关 1 / 14 规定，不得在投资者关系活动中以任何方式发布或者泄露未 公开重大信息。 第四条 本制度所称"重大信息"是指对公司股票及其 衍生品种（以 ...

成都华微电子科技股份有限公司 控股股东、实际控制人行为规范 第一条 为进一步规范成都华微电子科技股份有限公司（以下 简称公司）控股股东、实际控制人行为，完善公司治理结构，保 证公司规范、健康发展，根据《公司法》等法律、法规、规范性 文件及《公司章程》的相关规定，结合公司实际情况，制定本规 范。 第二条 本规范所称"控股股东"及"实际控制人"的含义根 据有关法律法规、交易所相关规则和《公司章程》确定。 控股股东、实际控制人对公司控股子公司实施的行为，适用 本规范相关规定。 下列主体的行为视同控股股东、实际控制人行为，比照适用 本规范的相关规定： （二）与非生产型公司共用与经营有关的业务体系及相关资 产； （一）控股股东、实际控制人直接或间接控制的法人、其他 组织（公司及公司控股子公司除外）； （二）有关监管部门认定的其他主体。 控股股东、实际控制人其他关联人与公司的相关行为，参照 本规范相关规定执行。 第三条 公司控股股东、实际控制人应当依据相关规定，采取 切实措施保证公司资产完整、人员独立、财务独立、机构独立和 业务独立，不得通过任何方式影响公司的独立性。 控股股东、实际控制人应当善意使用其控制权，不得利用其 ...

成都华微公告，2025年上半年营业收入3.55亿元，同比增长26.93%。净利润3572.05万元，同比下降 51.26%。基本每股收益0.06元／股，同比减少50.00%。 ...

Core Viewpoint - On August 25, 2023, brokerage firms provided target prices for listed companies, with notable increases in target prices for companies in the agriculture, coal mining, and construction materials sectors, indicating potential investment opportunities in these industries [1][2]. Target Price Increases - The companies with the highest target price increases were: - Longping High-Tech (隆平高科) with a target price increase of 38.75% to 14.00 CNY [2] - Xinji Energy (新集能源) with a target price increase of 37.40% to 9.00 CNY [2] - Beixin Building Materials (北新建材) with a target price increase of 36.57% to 36.90 CNY [2] Brokerage Recommendations - A total of 163 listed companies received brokerage recommendations on August 25, with notable mentions: - Shede Liquor (舍得酒业) received 4 recommendations [4] - Shuiyang Co. (水羊股份) and Marubi Biotechnology (丸美生物) each received 3 recommendations [4] Rating Adjustments - One company had its rating upgraded: - Guodian Power (国电电力) was upgraded from "Hold" to "Buy" by Huayuan Securities [5] - Three companies had their ratings downgraded: - Minhe Livestock (民和股份) from "Buy" to "Hold" [6] - Chifeng Gold (赤峰黄金) from "Buy" to "Hold" [6] - Silan Microelectronics (士兰微) from "Buy" to "Hold" [6] First-Time Coverage - Seven companies received first-time coverage with positive ratings: - Ganhua Science and Technology (甘化科工) received a "Buy" rating from Dongwu Securities [7] - Wangneng Environment (旺能环境) received a "Buy" rating from Xinda Securities [7] - Yingliu Co. (应流股份) received an "Increase" rating from Shanxi Securities [7] - New Clean Energy (新洁能) received an "Increase" rating from Industrial Securities [7] - Weijian Medical (稳健医疗) received a "Buy" rating from Northeast Securities [7]

自8月12日成都华微公告发布全新32位RISC-V超低功耗MCU后，今日首次在深圳国际电子展上亮相该 产品。产品广泛应用于超轻量化场景，如机器人、可穿戴设备、AI眼镜、物联网设备、脑机接口等。 ...

Investment Rating - The report gives a "Buy" rating for the company, marking its first coverage [3][4]. Core Insights - The company is a leading domestic player in the special chip market, focusing on both analog and digital products, with rapid progress in new product development [3][14]. - The recovery in downstream demand for special and civilian products is expected to continue, with significant opportunities for domestic substitution in the FPGA and ADC/DAC markets [1][2]. Summary by Sections Company Overview - Chengdu Huami is a leading enterprise in high-end integrated circuit design in China, focusing on the research and industrialization of analog and digital chips, covering core categories such as ADC/DAC, intelligent SoC, and FPGA [10]. - The company is actively pushing for high-performance products in the analog chip sector, particularly in high-speed and high-precision data converters and power management [10]. Financial Forecast - Revenue projections for 2025-2027 are estimated at 1,002 million, 1,170 million, and 1,420 million yuan, respectively, with net profit estimates of 360 million, 421 million, and 530 million yuan [3][11]. - The expected EPS for the same period is 0.57, 0.66, and 0.83 yuan [3][11]. Market Position and Growth Potential - The domestic FPGA chip market is projected to reach approximately 29.7 billion yuan in 2023, with significant room for increasing domestic market share [1]. - The ADC chip market in China is expected to exceed 15 billion yuan in 2023, indicating a broad replacement space in the high-end market currently dominated by foreign players [1][2]. Product Development - The company has introduced a series of high-speed and high-precision ADC products, achieving mass production and actively developing AI chips for edge computing with significant processing capabilities [2][10]. - The product lineup includes various types of chips such as logic chips, storage chips, microcontrollers, and power management chips, indicating a comprehensive approach to market needs [2][10]. Valuation Metrics - The projected PE ratios for 2025-2027 are 83.17, 71.10, and 56.51, respectively, based on the closing price of 47.04 yuan per share on August 22, 2025 [3][14]. - The company is positioned favorably compared to peers, with a higher PE ratio reflecting its growth potential in the special chip market [14].

公开资料显示，成都华微长期深耕集成电路领域，在芯片设计与测试方面技术底蕴深厚，产品应用于多 个关键行业，近年来还加大人工智能芯片研发投入，探索芯片在大模型推理等场景的优化应用。而燧原 科技是人工智能云端算力产品领军企业，专注于普惠人工智能算力基础设施打造，其自主研发的高算力 GPU产品计算能力强、能耗比高效，在人工智能训练、推理领域表现突出，已服务互联网、金融、科研 等多行业客户。 北京商报讯(记者陶凤实习记者王天逸)8月23日，成都华微官方公众号发布消息称，公司已与上海燧原 科技股份有限公司在上海正式签署战略合作协议，双方将在大模型、高算力GPU领域展开深度合作。 ...

近年来，成都华微不断加大在人工智能芯片方向的研发投入，探索芯片在大模型推理等场景下的优化应 用；燧原科技为人工智能云端算力产品的领军企业，其自主研发的高算力GPU产品，具备强大的计算能 力与高效的能耗比，在人工智能训练、推理等领域表现出色，已服务于互联网、金融、科研等众多行业 客户。 人民财讯8月24日电，据成都华微(688709)官微消息，近日，成都华微与上海燧原科技股份有限公司(简 称"燧原科技")正式签署战略合作协议，携手在大模型、高算力GPU领域展开深度合作，旨在整合双方 优势资源，共同推动国产人工智能技术的创新与产业应用。 ...

Group 1 - Chengdu Huawi (688709) closed at 47.04 yuan on August 22, reaching the daily limit with a trading volume of 1.174 billion yuan and a turnover rate of 12.66% [1] - The stock was listed on the daily trading list due to a price increase of 15% at the close [1] - The top five trading departments accounted for a total transaction of 470 million yuan, with a net buying amount of 112 million yuan [1] Group 2 - The leading buying department was an institutional proprietary seat, purchasing 1.332 billion yuan, followed by the Shanghai-Hong Kong Stock Connect with 927 million yuan [1] - The top selling department also included an institutional proprietary seat, selling 516 million yuan, with the Shanghai-Hong Kong Stock Connect as the second largest seller at 456 million yuan [1] - Overall, the main capital inflow for the stock was 739 million yuan for the day [1]

证券之星消息，8月22日半导体板块较上一交易日上涨8.44%，成都华微领涨。当日上证指数报收于 3825.76，上涨1.45%。深证成指报收于12166.06，上涨2.07%。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) | | --- | --- | --- | --- | --- | --- | | 688709 | 成都华微 | 47.04 | 20.00% | 27.59万 | 11.74亿 | | 688256 | 寒武纪 | 1243.20 | 20.00% | 14.12万 | 164.89亿 | | 688041 | 海光信息 | 186.06 | 20.00% | 75.15万 | 133.10亿 | | 688082 | 盛美上海 | 142.21 | 20.00% | 11.03万 | 14.75 亿 | | 688652 | 京仪装备 | 79.99 | 14.39% | 10.68万 | 8.09亿 | | 688981 | 中芯国际 | 103.97 | 14.19% | 206.19万 | 203.23亿 | | 68 ...