Important Matters - WISCO Development plans to acquire equity in WISCO Mining and Luzhong Mining, resulting in stock suspension [1] - Unisplendour intends to purchase equity or full ownership of Ruineng Semiconductor, leading to stock suspension [1] - Heng Rui Medicine's subsidiary received approval for clinical trials of HRS-6257 tablets, with no similar drugs approved in the domestic market [1] - Longpan Technology's subsidiary is reducing production on some lithium iron phosphate production lines for maintenance, a move echoed by several leading manufacturers in the industry [1] Investment Operations - Guoxin Technology has laid out plans for smart driving MCU chips and is developing a high-performance AI chip with 10,000 DMIPS [1] - Juneyao Airlines plans to purchase 25 Airbus A320 series aircraft for $4.1 billion [1] - Spring Airlines intends to buy 30 Airbus A320neo series aircraft, with a transaction amount not exceeding $4.128 billion [1] - Tsinghua Tongfang is making breakthroughs in the open-source HarmonyOS field for product and commercialization [1] - Guangzhou Port is investing 2.353 billion yuan in the intelligent transformation project of the Nansha Port International General Terminal [1] - International Composite Materials plans to invest 1.693 billion yuan to build a project with an annual production capacity of 36 million meters of high-frequency high-speed electronic fiber cloth [1] - State Power Investment Corporation's subsidiary is co-investing with CATL in the Dadu River Danba Hydropower Station project, with a total investment of 15.273 billion yuan [1] - Haisheng Pharmaceutical's invested company has completed the first subject enrollment in the Phase II clinical trial of the innovative drug NWRD06 injection, targeting a specific liver cancer marker [1] Contracts and Collaborations - Chinalco International signed overseas project contracts worth approximately 14 billion yuan [2] - Tianqi Lithium has completed a strategic cooperation with SQM and Codelco [2] - Roman Co., Ltd.'s subsidiary signed a 156 million yuan computing power service project contract [2] - China Duty Free Group's wholly-owned subsidiary signed a duty-free project contract at Beijing Capital International Airport [2] - Reascend Technology's high-silica fiber has begun commercial cooperation with a well-known international aerospace company for long-term product supply [2] - Macro Micro Technology signed a strategic cooperation agreement with a leading domestic transmission company, focusing on GaN power semiconductor devices [2] Capital Operations - Tianqi Co., Ltd. plans to raise no more than 977 million yuan through a private placement for the development of a robot embodiment intelligence system for the automotive industry [2] - SMIC's registered capital in SMIC Southern will increase to $10.077 billion; it plans to acquire 49% equity in SMIC Northern for 40.6 billion yuan [2] - Changan Automobile intends to raise no more than 6 billion yuan through a private placement [2] Share Buybacks - Kweichow Moutai's controlling shareholder, Moutai Group, has cumulatively increased its stake in the company by 3 billion yuan, completing the buyback plan [3] - AVIC Heavy Machinery has been supplying key forgings to several commercial rocket companies [3] - Huihan Co., Ltd. invested 68.25 million yuan to establish a private equity fund, specifically investing in a commercial aerospace company [3] - Sega Technology plans to increase its investment in optical module company Guangcai Xincheng by 275 million yuan to acquire a 20% stake [3]

12月29日晚间，中芯国际发布发行股份购买资产暨关联交易报告书（草案）。 据披露，中芯国际是世界领先的集成电路晶圆代工企业之一，也是中国大陆集成电路制造业领导者，拥有领先的工艺制造能 力、产能优势、服务配套，向全球客户提供 8英寸和12英寸晶圆代工与技术服务。除集成电路晶圆代工外，中芯国际亦致力于 打造平台式的生态服务模式，为客户提供设计服务与IP支持、光掩膜制造等一站式配套服务，并促进集成电路产业链的上下游 协同，与产业链中各环节的合作伙伴一同为客户提供全方位的集成电路解决方案。 本次重组后，上市公司表示，中芯北方作为中芯国际的控股子公司，主要为客户提供不同工艺平台的12英寸集成电路晶圆代工 及配套服务。本次交易有利于进一步提高上市公司资产质量、增强业务上的协同性，促进上市公司的长远发展。交易前后上市 公司的主营业务范围不会发生变化。 今年9月，中芯国际首次披露发行股份购买资产暨关联交易预案。彼时，相关审计、评估工作尚未完成，交易作价亦未确定。 据本次草案的最新财务数据，近年来，中芯北方营业收入、净利润整体呈上升趋势。2023年、2024年及2025年1—8月，中芯北 方营业收入分别为115.76亿元、12 ...

Core Viewpoint - The "14th Five-Year Plan" emphasizes extraordinary measures to drive breakthroughs in key technologies across various sectors, including integrated circuits and artificial intelligence, positioning China's chip industry for significant growth opportunities [1][14]. Industry Overview - The semiconductor industry is a core battleground for major powers, with the newly launched Huabao Science and Technology Chip ETF tracking the Shanghai Stock Exchange's Chip Index, which includes 50 companies involved in semiconductor materials, design, manufacturing, packaging, and testing [2][14]. - As of November 2025, the Shanghai Stock Exchange Chip Index has a significant focus on upstream and midstream sectors, with chip design and semiconductor materials and equipment accounting for 80.48% of the index [15][16]. Performance Metrics - The Shanghai Stock Exchange Chip Index has shown strong performance, with an annualized return of 17.43% from December 31, 2019, to November 30, 2025, outperforming similar indices [5][18]. - The index's maximum drawdown during the same period was -56.81%, which is better than other comparable indices [5][18]. Financial Highlights - The net profit of the index's constituent companies surged by 94.22% in the first three quarters of 2025, leading among similar indices [20]. - Research and development investment for these companies reached 119.7 billion yuan, with a research intensity of 11.22%, significantly higher than the overall A-share market level of 2.16% [20]. Key Holdings - The top three companies in the index by weight are Haiguang Information (10.86%), Cambricon (9.84%), and SMIC (8.87%), with the index capping individual stock weights at 10% [17][16].

中芯国际(688981.SH)发布公告，公司拟向国家集成电路基金等5名中芯北方股东发行股份购买其所持有 的中芯北方49.00%股权，交易价格约406.01亿元。本次交易完成后，公司将持有中芯北方100.00%的股 权，中芯北方将成为公司的全资子公司。 中芯北方作为公司的控股子公司，主要为客户提供不同工艺平台的12英寸集成电路晶圆代工及配套服 务。本次交易有利于进一步提高上市公司资产质量、增强业务上的协同性，促进上市公司的长远发展。 交易前后上市公司的主营业务范围不会发生变化。 ...

Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) announced the acquisition of a 49% stake in SMIC North by issuing shares to the National Integrated Circuit Industry Investment Fund Co., Ltd. and other parties, resulting in a significant increase in shareholding percentages for the fund [1] Group 1: Shareholding Changes - Following the equity change, the National Integrated Circuit Industry Investment Fund and its concerted party, Xinxin (Hong Kong) Investment Co., Ltd., increased their total shareholding from 382,902,023 shares to 740,245,419 shares, raising their ownership percentage from 4.79% to 8.66% [1] - The National Integrated Circuit Fund acquired an additional 357,343,396 shares of ordinary shares, which represents 4.18% of the total share capital of the company [1] Group 2: Transaction Details - The transaction amount for the acquisition was 40.601 billion yuan [1] - The National Integrated Circuit Fund has committed not to transfer the shares obtained from this transaction for a period of 12 months following the issuance [1] Group 3: Control and Future Plans - This equity change did not result in a change of the company's controlling shareholder or actual controller [1] - The information disclosure obligor and its concerted parties do not plan to increase their shareholding in the company over the next 12 months [1]

Group 1 - Meta has announced the acquisition of Manus, a Singapore-based AI company, for several billion dollars, marking its third-largest acquisition to date [4][5] - Manus is known for its general-purpose AI agent product, which has shown a 23.7% improvement in complex task handling and achieved an accuracy rate of 86.5% in GAIA benchmark tests [4] - The acquisition is expected to enhance Meta's AI capabilities and integrate Manus's technology into its product lines, with Manus founder Xiaohong becoming Meta's VP [5] Group 2 - SMIC plans to acquire a 49% stake in SMIC North for 40.6 billion yuan, which will make SMIC North a wholly-owned subsidiary [7][8] - This acquisition aims to improve asset quality and business synergy for SMIC, with no changes to its main business operations expected [7] - SMIC reported a revenue of 49.51 billion yuan for the first three quarters of 2025, a year-on-year increase of 18.2%, with a net profit of 3.81 billion yuan, up 41.1% [8] Group 3 - One of the major developments is the adjustment of import tariffs on 935 items starting January 1, 2026, aimed at enhancing domestic and international market synergy [9] - The adjustments include lowering tariffs on key components and advanced materials to promote technological self-reliance and support economic development [9][10] Group 4 - A major investment of 3.74 billion yuan from FAW Group into Leap Motor is set to strengthen the latter's market position and brand recognition [12][13] - The investment will be allocated for R&D, operational funding, and expanding sales and service networks [13] Group 5 - NVIDIA has completed a $5 billion acquisition of Intel shares, making it a significant shareholder and paving the way for collaboration on AI platforms and integrated GPU solutions [38][39] - This partnership is expected to reshape the market landscape, particularly with the anticipated release of integrated RTX GPU processors [39] Group 6 - Fujitsu is joining a collaborative project led by SoftBank and Intel to develop HBM memory alternatives, aiming for commercial production with enhanced capacity and reduced power consumption [45][46] - The project plans to invest 8 billion yen by the fiscal year 2027, with contributions from various partners [46]

Group 1 - China will adjust import tariffs on certain goods starting January 1, 2026, affecting key components, advanced materials, energy resources, and smart bionic robots [2][52] - The adjustments aim to align with economic and social development needs, impacting related industries significantly [2][52] Group 2 - Gold prices fell sharply, with spot gold dropping 4.47% to $4,330.31 per ounce, marking the worst single-day performance since October 21 [3][53] - COMEX gold futures also declined by 4.47%, indicating a broader market sentiment shift away from safe-haven assets [3][53] Group 3 - A total of 29 A-share companies have released their 2025 annual performance forecasts, with 19 companies expecting profit increases [4][54] - The timely and accurate disclosure of performance forecasts is crucial for investor decision-making [4][54] Group 4 - Sheng Tong Energy announced a stock suspension for review after a 213.97% price increase over a short period, indicating a significant deviation from its fundamentals [5][55] - The company aims to protect investor interests amid concerns of market volatility and speculative trading [5][55] Group 5 - The annual Consumer Electronics Show (CES) will take place next week, where major tech companies like Nvidia and Samsung will showcase AI hardware [6][56][57] - This event is seen as a critical test for the market demand for AI products, moving beyond mere concept demonstrations [6][57] Group 6 - Starting January 1, 2026, digital RMB will start accruing interest, transitioning from a cash-based to a deposit currency model [8][58] - This change is expected to create a win-win situation for businesses and individuals, enhancing the financial ecosystem [8][58] Group 7 - Public fund assets in China have reached a record high of 37.02 trillion yuan, marking the first time the total has surpassed this threshold [9][59] - The growth reflects the increasing number of fund management institutions and the overall expansion of the public fund market [9][59] Group 8 - Semiconductor company SMIC plans to acquire a 49% stake in SMIC North for 40.601 billion yuan, enhancing its asset quality and business synergy [13][63] - This acquisition is part of SMIC's strategy to strengthen its position in the semiconductor industry [13][63] Group 9 - Ganfeng Lithium is facing legal issues related to insider trading, with the case now transferred for prosecution [14][64] - The company has previously been penalized for similar violations, indicating ongoing regulatory scrutiny [14][64] Group 10 - The resignation of the chairman of Zotye Auto after only two months in office raises concerns about the company's leadership stability [15][65] - The company has struggled with sales, reporting only 14 vehicles sold last year, highlighting operational challenges [15][65]

12月29日晚间，中芯国际发布发行股份购买资产暨关联交易报告书（草案）。 | 代码:688981 | A 股简称:中芯国际 | 上市地点:上海证券交易所 | | --- | --- | --- | | 代码:00981 | 港股简称:中芯国际 | 上市地点:香港联合交易所 | 今年9月，中芯国际首次披露发行股份购买资产暨关联交易预案。彼时，相关审计、评估工作尚未完成，交易作价亦未确定。 据本次草案的最新财务数据，近年来，中芯北方营业收入、净利润整体呈上升趋势。2023年、2024年及2025年1—8月，中芯北 方营业收入分别为115.76亿元、129.79亿元及90.12亿元；同期，公司净利润分别为5.85亿元、16.82亿元及15.44亿元。据介绍， 中芯北方利润主要来源于12英寸集成电路产品，盈利水平随着产能利用率的提升呈增长趋势。随着公司产品结构进一步优化， 盈利水平有望进一步提升。 当晚，中芯国际还发布一则新增资扩股协议，公司全资子公司中芯控股与国家集成电路基金、国家集成电路基金二期、国家集 成电路基金三期、上海集成电路基金、上海集成电路基金二期、泰新鼎吉及先导集成电路基金订立新合资合同及新增资扩股协 ...

大家早上壕！ 先看海外要闻： 美股调整加剧，道指收跌0.51%、纳指收跌0.50%、标普500收跌0.35%；特斯拉收跌3.27%、英伟达跌1.21%、Meta、亚马逊、微软至多跌 0.69%，谷歌A、苹果则至多收涨0.13%。 特朗普：正考虑以"严重失职"为由起诉鲍威尔，1月或公布下任美联储主席人选。 Meta数十亿美元收购AI智能体Manus，肖弘将出任Meta副总裁。 软银斥资40亿美元收购数据中心投资公司DigitalBridge，以助力AI业务推进。 美国最大电网"容量拍卖"内幕：若无价格管制，AI热潮本将令电价再涨60%。 英特尔完成向英伟达出售价值50亿美元的普通股。 "我可能早了，但没错！"大空头Burry再次逆市而为，做空AI双雄英伟达和Palantir。 国际贵金属大幅收跌，COMEX黄金期货跌4.45%、COMEX白银期货跌7.2%、现货白银大跌近9%、现货钯金跌超15%、现货铂金跌超14%。 国内重大事件汇总： 今日券商策略前瞻： 光大证券表示，沪指虽然9连阳，但连续两个交易日个股都是多数收跌，场内资金分歧明显；但考虑到4000点已经近在眼前，多头或将推动沪指 继续向4000点震荡上行 ...

中芯国际（688981.SH）12月29日晚间公告称，公司拟向国家集成电路基金等5名中芯北方股东发行股份购买其所持有的标的公司49.00%股权，交易 价格406.01亿元。本次交易完成后，中芯国际将持有中芯北方100.00%的股权，中芯北方将成为公司的全资子公司。 加入"中国IC独角兽联盟"，请点击进入 是说芯语转载，欢迎关注分享 合作洽谈，进入公众号：服务—>商务合作 Q ··· 星标 是说芯语 是说芯语 阐述泛集成电路行业的技 780 H 不错过任何一条消息 ▶ 交流、市场应用、行业分析、产业 4篇原创内容 2014 - 10:3 进入公众号 不再关注 泛集成电路行业最新动态 2 4 2位朋友读过 设为星标 -- 此外，中芯国际公告称，公司全资子公司中芯控股与国家集成电路基金、国家集成电路基金二期等订立新合资合同及新增资扩股协议，以修订前合 资合同。据此，中芯南方注册资本将由65亿美元增加至100.773亿美元。中芯控股、国家集成电路基金、国家集成电路基金二期、国家集成电路基 金三期、上海集成电路基金、上海集成电路基金二期、泰新鼎吉、先导集成电路基金将分别持有中芯南方41.561%、9.392%、14.8 ...