Core Viewpoint - The financial performance of Purun Co., Ltd. (688766.SH) in Q3 2025 shows a significant revenue increase but a sharp decline in net profit, indicating underlying challenges in profitability despite revenue growth [1] Financial Performance - Q3 revenue reached 527 million yuan, representing a year-on-year increase of 11.94% [1] - Net profit for Q3 was 18.32 million yuan, a year-on-year decrease of 79.37% [1] - Revenue for the first three quarters totaled 1.433 billion yuan, up 4.89% year-on-year [1] - Net profit for the first three quarters was 59.05 million yuan, down 73.73% year-on-year [1] Factors Affecting Performance - The decline in profitability is attributed to a decrease in gross margin, increased R&D and operating expenses, and a significant rise in inventory impairment provisions [1] - Despite the growth in sales volume of the "Storage+" new products contributing to revenue, the reduction in gross profit and an increase in asset impairment losses by 102 million yuan year-on-year have severely impacted profits [1]

关于召开 2025 年上海辖区上市公司三季报集体业绩 说明会的公告 证券代码：688766 证券简称：普冉股份 公告编号：2025-072 普冉半导体（上海）股份有限公司 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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 11 月 13 日 （星期四） 15:00-16:30 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 06 日 （星期四） 至 11 月 12 日 （星 期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目 或通过公司投资者关系邮箱 ir@puyasemi.com 进行提问。公司将在说 明会上对投资者普遍关注的问题进行回答。 普冉半导体（上海）股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更 全面深入地了解公司 2025 年第三季度经营成果、财 ...

现将相关情况具体内容公告如下： 一、本次计提减值准备情况概述 根据《企业会计准则》以及公司财务制度等相关规定，为客观、公允地反映 公司截至 2025 年 9 月 30 日的财务状况和 2025 年前三季度的经营成果，基于谨 慎性原则，公司对截至 2025 年 9 月 30 日公司资产进行了减值测试，对截至 2025 年 9 月 30 日可能发生信用及资产减值损失的有关资产计提相应减值准备。同时， 对减值影响因素确认消失的资产，在原已计提的减值准备金额内进行转回；对出 售或领用前期已计提资产减值损失的存货，随着存货的结转，按照其成本和对应 的存货跌价准备一并结转。 公司 2025 年第三季度计提信用减值损失 75.00 万元，转回信用减值损失 12.96 万元，计提资产减值准备 4,904.43 万元，转回资产减值准备 1,213.41 万元， 转销资产减值准备 660.29 万元，具体如下表： 单位：人民币万元 | 项目 | 本期计提减值 | 本期减少 | | | --- | --- | --- | --- | | | 准备金额 | 本期转回金额 | 本期转销金额 | | 应收账款坏账准备 | 75.00 | ...

普冉半导体（上海）股份有限公司（以下简称"公司"）于近日收到中信证 券股份有限公司（以下简称"中信证券"）出具的《关于更换保荐代表人的函》， 中信证券作为公司首次公开发行股票并在科创板上市（下称"IPO"）的保荐机 构，原指派的保荐代表人为王建文先生、赵亮先生，法定持续督导期至 2024 年 12 月 31 日止。因公司 IPO 项目募集资金尚未使用完毕，中信证券继续对公司 IPO 项目募集资金的存放和使用情况履行持续督导责任，直至募集资金使用完毕。 证券代码：688766 证券简称：普冉股份 公告编号：2025-069 普冉半导体（上海）股份有限公司 关于于变更持续督导保荐代表人的公告 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。 因工作需要，中信证券决定委派欧阳旭峰先生（简历见附件）接替赵亮先生 的工作，继续履行公司 IPO 的持续督导保荐责任。 本次变更不影响中信证券对公司的持续督导工作。本次保荐代表人变更后， 公司持续督导的保荐代表人为王建文先生和欧阳旭峰先生，继续履行相关的职责 和义务，直至相关工作全部结束。公 ...

Core Viewpoint - The storage chip sector experienced a decline in stock prices, with several companies showing significant drops in early trading on October 28. Group 1: Stock Performance - Puran股份 fell over 8% [1] - 香农芯创 and 江波龙 both dropped over 6% [1] - 德明利, 北京君正, and 佰维存储 also opened lower [1]

Group 1 - The storage chip sector experienced a decline with multiple stocks falling in early trading on October 28 [1] - Purun Co., Ltd. dropped over 8%, while Shannon Semiconductor and Jiangbolong fell over 6% [1] - Other companies such as Demingli, Beijing Junzheng, and Baiwei Storage also opened lower [1]

据天眼查APP显示，普冉半导体(上海)股份有限公司成立于2016年01月04日，注册资本14804.9102万人 民币。（数据宝） （文章来源：证券时报网） 数据宝统计，截至13:56，普冉股份成交额27.01亿元，创上市以来新高。最新股价上涨8.57%，换手率 11.85%。上一交易日该股全天成交额为21.49亿元。 ...

Group 1 - The storage sector is experiencing a strong performance, with companies such as Zhongdian Port and Dawi Co., Ltd. hitting the daily limit, while Purain Co., Ltd. and Jiangbolong have increased by over 8% [1] Group 2 - Guojin Securities highlights the continuous improvement in AI application effects, recommending a focus on the storage industry chain that is experiencing sustained growth [2] - Dongguan Securities notes that the recent price increases by overseas storage giants are primarily driven by the explosion of AI applications, leading to a surge in demand for high-performance storage chips used in AI servers and data centers, which in turn drives up prices across the storage market [2] - It is suggested to pay attention to segments benefiting from this trend, including storage modules, niche storage, and materials for storage supporting equipment [2]

Group 1 - The core viewpoint of the articles highlights a significant surge in the A-share market for storage chip concept stocks, driven by an unprecedented shortage and price increase in the storage chip market, primarily influenced by AI demand [1][2] - Notable stocks include Dawi Co., which reached a daily limit increase of 10.02%, and Shanghai Xinyang, which rose by over 7%, among others experiencing gains of over 6% [1][2] - The price increase cycle for storage chips is reported to be unusually prolonged, with some manufacturers halting price quotes for certain DRAM and Flash production lines [1] Group 2 - The article provides a detailed table of stock performance, indicating that Dawi Co. has a total market value of 6.074 billion and a year-to-date increase of 88.77% [2] - Shanghai Xinyang has a market capitalization of 20.3 billion with a year-to-date increase of 75.03% [2] - Other companies like Lianyun Technology and Jingzhida also show significant year-to-date increases of 60.13% and 142.27%, respectively, reflecting strong market performance [2]

Core Viewpoint - The A-share market for storage chip concept stocks has seen a collective rise, driven by a significant shortage and price increase in the storage chip market, primarily fueled by AI demand [1][2]. Group 1: Market Performance - Major stocks such as Daway Co. (002213) reached a limit up of 10.02%, with a total market value of 6.074 billion [2]. - Shanghai Xinyang (300236) increased by 7.16%, with a market capitalization of 20.3 billion [2]. - Other notable performers include Lianyun Technology (688449) up 6.93% (30.1 billion), Jingzhida (688627) up 6.78% (16.5 billion), and Purang Co. (688766) up 6.60% (22.5 billion) [2]. Group 2: Market Dynamics - The storage chip market is currently experiencing an unprecedented shortage and price surge driven by AI, which began in the first half of the year and is intensifying in the fourth quarter [1][2]. - Industry insiders report that some storage manufacturers have adopted a strategy of pausing quotes for certain DRAM and Flash production lines, indicating a significant shift in market dynamics [1][2].