Group 1 - The preliminary transfer price for the share transfer of Gekewei Co., Ltd. is set at 15.00 yuan per share [1][2] - A total of 18 institutional investors participated in the pricing inquiry, including fund management companies, qualified foreign institutional investors, insurance companies, securities companies, and private equity fund managers [2] - The total number of shares to be transferred is 57,781,799, with 17 institutional investors identified as the preliminary transferees [2]

Core Viewpoint - The article discusses the qualification verification opinion by CITIC Securities regarding the share transfer of Gekewei Co., Ltd. by its shareholders to specific institutional investors before the company's initial public offering. Group 1: Share Transfer Delegation - CITIC Securities has been entrusted by the shareholders of Gekewei Co., Ltd. to organize and implement the inquiry transfer of shares to specific institutional investors [1][2]. Group 2: Qualification Verification Process - CITIC Securities conducted a qualification verification of the shareholders involved in the share transfer, ensuring compliance with relevant regulations [2][20]. - The verification process included interviews, inquiries, and collection of relevant documents from the shareholders [2][20]. Group 3: Shareholder Qualification Details - Cosmos L.P. is a foreign enterprise established on March 16, 2020, with a business focus on employee stock ownership platforms, and has been verified as legally existing without any termination circumstances [3][4]. - New Cosmos L.P. is also a foreign enterprise, established on March 16, 2020, serving as an advisory stock ownership platform, and has met the necessary legal qualifications [5][6]. - Keenway International Limited, established on May 6, 2013, operates as a holding company and has been verified as a legally existing foreign enterprise [7][8]. - Pacven Walden Ventures V, L.P., established on December 8, 2000, focuses on investments and has been confirmed to comply with all regulations regarding share reduction [9][10]. - Pacven Walden Ventures Parallel V-A, C.V. and Pacven Walden Ventures Parallel V-B, C.V., both established on February 7, 2001, are investment-focused foreign enterprises that have also met the necessary qualifications [11][12]. - Pacven Walden Ventures V-QP Associates Fund, L.P. and Pacven Walden Ventures V Associates Fund, L.P., both established on June 29, 2001, are confirmed as legally existing foreign enterprises without any violations of share reduction regulations [13][14][15]. Group 4: Compliance with Transfer Guidelines - The shareholders involved in the transfer have adhered to the guidelines regarding share reduction and have not violated any relevant regulations [18][20]. - The proposed shares for transfer are pre-IPO shares and are not subject to any pledges or judicial freezes [4][10][18]. - The transfer has undergone the necessary review and approval processes as required by regulations [18][20].

格科微有限公司 股东询价转让定价情况提示性公告 Cosmos L.P.、New Cosmos L.P.、Keenway International Limited、Pacven Walden Ventures V, L.P. 、 Pacven Walden Ventures Parallel V-A, C.V. 、 Pacven Walden Ventures Parallel V-B, C.V.、Pacven Walden Ventures V-QP Associates Fund, L.P.、 Pacven Walden Ventures V Associates Fund, L.P.、上海橙原科技合伙企业（有限合 伙）保证向格科微有限公司提供的信息内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其真实性、准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 证券代码：688728 证券简称：格科微 公告编号：2025-030 根据 2025 年 8 月 29 日询价申购情况，本次询价转让初步确定的转让价 格为 15.00 元/股。 一、本次询价转让初 ...

Core Viewpoint - Geke Micro (688728.SH) announced a plan for a non-public transfer of shares, involving a total of 57,781,799 shares, which represents 2.22% of the company's total equity [1] Group 1: Share Transfer Details - The shareholders participating in the transfer include Cosmos L.P., New Cosmos L.P., Keenway International Limited, and several funds under Pacven Walden Ventures [1][2] - The transfer will not occur through centralized bidding or block trading, and the transferee must hold the shares for at least six months post-transfer [1] - The transferring parties are institutional investors with the necessary pricing capabilities and risk tolerance [1] Group 2: Shareholder Structure - Cosmos L.P. and New Cosmos L.P. are the controlling shareholders and acting in concert, holding over 5% of the total shares, while the actual controller Zhao Lixin does not participate in this transfer [2][3] - Keenway International Limited is a shareholder holding over 5% but is not a controlling shareholder or executive [2] - Other transferring parties from Pacven Walden Ventures do not reach the 5% threshold and are not considered controlling shareholders [2] Group 3: Company Background - Geke Micro was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on August 18, 2021, with an initial offering price of 14.38 yuan per share [3] - The company raised a total of 3.593 billion yuan from its IPO, with a net amount of 3.508 billion yuan after deducting issuance costs, which was significantly lower than the planned 6.96 billion yuan [4] - The funds raised were intended for the development and industrialization of 12-inch CIS integrated circuit technology and CMOS image sensor projects [4]

Group 1 - On August 29, seven companies listed on the Sci-Tech Innovation Board announced share reduction plans, with an estimated total reduction of approximately 2.647 billion yuan based on the closing price on August 28 [1] - The reduction plans involve various stakeholders, including controlling shareholders, employee stock ownership plans, and shareholders holding more than 5% of the shares, utilizing methods such as centralized bidding, block trading, and inquiry transfer [1] - Aojie Technology announced that its shareholder, Alibaba Network, plans to reduce its holdings by up to 12.549 million shares, accounting for no more than 3% of the company's total share capital, through block trading and centralized bidding within three months after the announcement [1] Group 2 - As of the announcement date, Alibaba Network directly holds 64.5574 million shares of Aojie Technology, representing 15.4333% of the company's total share capital, with these shares originating from the company's initial public offering prior to the listing [1]

中信证券股份有限公司 关于格科微有限公司股东 向特定机构投资者询价转让股份 相关资格的核查意见 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 中信证券股份有限公司（以下简称"中信证券"）受格科微有限公司（以下 简称"格科微"）股东 Cosmos L.P.、New Cosmos L.P.、Keenway International Limited、 Pacven Walden Ventures V, L.P.、Pacven Walden Ventures Parallel V-A, C.V.、Pacven Walden Ventures Parallel V-B, C.V.、Pacven Walden Ventures V-QP Associates Fund, L.P.、Pacven Walden Ventures V Associates Fund, L.P.、上海橙原科技合伙企业（有 限合伙）（以下合称"出让方"）委托，组织实施本次格科微首发前股东向特定 机构投资者询价转让（以下简称"本次询价转让"）。 根据《关于在上海证券交易所设立科创板并试点注册制的实施意见》《科创 板上市公司持续监管办 ...

证券代码：688728 证券简称：格科微 公告编号：2025-029 格科微有限公司 股东询价转让计划书 Cosmos L.P.、New Cosmos L.P.、Keenway International Limited、Pacven Walden Ventures V, L.P. 、 Pacven Walden Ventures Parallel V-A, C.V. 、 Pacven Walden Ventures Parallel V-B, C.V.、Pacven Walden Ventures V-QP Associates Fund, L.P.、 Pacven Walden Ventures V Associates Fund, L.P.、上海橙原科技合伙企业（有限合 伙）（以下合称"出让方"）保证向格科微有限公司（以下简称"公司"或"格科微"） 提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、 准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 拟参与格科微首发前股东询价转让（以下简称"本次询价转让"）股东为 ...

Group 1 - The core point of the article is that nine shareholders of GeKongwei (688728.SH) plan to transfer a total of 57.78 million shares, accounting for 2.22% of the company's total equity, through a price inquiry method [1] - The reason for the share transfer is due to the shareholders' own funding needs [1] - The minimum transfer price is set at 70% of the average stock trading price over the 20 trading days prior to the issuance of the subscription invitation [1]

Core Viewpoint - Geke Micro (688728) reported mixed financial results for the first half of 2025, with significant revenue growth but a sharp decline in net profit, indicating potential challenges in profitability despite increased sales [1][5]. Financial Performance - Total revenue reached 3.636 billion yuan, a year-on-year increase of 30.33% [1]. - Net profit attributable to shareholders was 29.76 million yuan, down 61.59% year-on-year [1]. - The second quarter saw total revenue of 2.112 billion yuan, up 40.75% year-on-year, and net profit of 81.49 million yuan, up 72.19% year-on-year [1]. - Gross margin was 21.84%, a decrease of 10.98% year-on-year, while net margin fell to 0.82%, down 70.53% [1]. - Operating cash flow per share increased significantly by 858.11% to 0.31 yuan [1]. Accounts Receivable and Liabilities - Accounts receivable rose significantly, with a year-on-year increase of 68.4%, reaching 592 million yuan [1][2]. - Interest-bearing liabilities increased by 12.88% to 13.204 billion yuan [1]. - The company reported a decrease in derivative financial assets by 100% due to the settlement of forward exchange rate swap transactions [1]. Cost and Expenses - Total sales, management, and financial expenses amounted to 307 million yuan, accounting for 8.45% of revenue, a slight decrease of 0.72% year-on-year [1]. - Financial expenses surged by 85.86%, attributed to foreign exchange rate fluctuations [7]. Business Model and Market Position - The company's performance is heavily reliant on R&D and capital expenditures, necessitating close monitoring of capital project viability and funding pressures [9]. - The increase in revenue is linked to a recovery in consumer markets and higher shipments of high-resolution chip products [5][6]. Cash Flow and Debt Situation - The net cash flow from operating activities saw a substantial increase of 858.11%, driven by sales growth and reduced procurement cash expenditures [7]. - The company’s cash flow situation is concerning, with a cash ratio of 56.65% and a three-year average operating cash flow to current liabilities ratio of only 6.9% [10]. Shareholder Information - The largest fund holding Geke Micro is Wan Jia Industry Preferred LOF, with 30 million shares held, remaining unchanged [10].

Group 1 - The company achieved a revenue of 3.636 billion yuan in the first half of 2025, representing a year-on-year growth of 30.33% [1] - In the second quarter, the company recorded a revenue of 2.112 billion yuan, which is a quarter-on-quarter increase of 38.56%, marking the highest single-quarter revenue since its listing [1] - The net cash flow from operating activities reached 814 million yuan, a significant increase of 858.11% year-on-year, driven by increased sales and reduced procurement cash expenditures due to a higher proportion of in-house wafer production [1] Group 2 - The company specializes in the research, design, manufacturing, packaging, testing, and sales of CMOS image sensors and display driver chips, with all business segments showing steady growth in the first half of the year [1] - Sales of mobile CMOS image sensors reached 524 million units, generating revenue of 2.212 billion yuan, a year-on-year increase of 41.47% [1] - Non-mobile CMOS image sensors sold 140 million units, achieving revenue of 715 million yuan, reflecting a year-on-year growth of 11.38% [1] - Display driver chips sold 249 million units, resulting in revenue of 706 million yuan, which is a year-on-year increase of 20.96% [1] Group 3 - The company is transitioning its production capacity at its self-owned factory to higher value products, such as 32 million and 50 million pixel products, to meet market demand for high-end chips [2] - The company plans to enhance resource integration in chip design and manufacturing, improve design and process levels, and accelerate the industrialization of research and development results to strengthen its core competitiveness [2]