Financial Performance - The company's operating revenue for 2024 was ¥5,511,073,894.21, a decrease of 27.26% compared to ¥7,576,015,885.07 in 2023[6]. - The net profit attributable to shareholders for 2024 was ¥1,179,318,545.51, down 53.43% from ¥2,532,477,887.84 in 2023[6]. - The net profit excluding non-recurring gains and losses for 2024 was ¥926,100,569.29, a decline of 61.31% from ¥2,393,845,404.12 in 2023[6]. - The cash flow from operating activities for 2024 was ¥1,467,379,051.44, a decrease of 17.07% compared to ¥1,769,449,193.94 in 2023[6]. - The basic earnings per share for 2024 was ¥1.3986, down 53.28% from ¥2.9936 in 2023[6]. - The total assets at the end of 2024 were ¥17,319,762,346.06, a decrease of 4.13% from ¥18,065,650,398.38 at the end of 2023[6]. - The company achieved operating revenue of CNY 551,107.39 million, a decrease of 27.26% year-on-year, and a net profit attributable to shareholders of 117,931.85 million yuan, down 53.43% year-on-year[28]. - Integrated circuit business revenue was CNY 521,533.49 million, accounting for 94.63% of total revenue, with a year-on-year decline of 28.98%[41]. Dividend Distribution - The company plans to distribute a cash dividend of 2.10 CNY per 10 shares (including tax) to all shareholders based on a total share count of 843,227,456 shares after deducting 6,396,000 shares held in the repurchase account[4]. - The cash dividend distribution plan was approved at the 2023 annual general meeting, with no stock dividends or capital reserve transfers[136]. - The company's total cash dividend amount represents 100% of the distributable profit for the period[139]. Business Transformation and Strategy - The company has undergone significant business transformation since its listing in 2005, expanding from piezoelectric quartz crystal components to integrated circuits through acquisitions[14]. - The company’s main business has evolved significantly, entering the LED industry in 2011 and expanding into integrated circuits in 2012 through major asset restructuring[14]. - The company has established itself as a leading player in the integrated circuit design sector, particularly in special integrated circuits and smart security chips[26]. - The company aims to enhance its core business capabilities in specialty integrated circuits, focusing on product category expansion and market share growth[88]. - The company plans to strengthen its strategic operations and capital market initiatives to enhance core competitiveness and ensure sustainable high-quality development[88]. Research and Development - The company invested 128,591.45 million yuan in R&D, accounting for 23.33% of operating revenue, and obtained 85 invention patents and 19 utility model patents during the year[29]. - The company is committed to maintaining high levels of research and development investment to enhance technological competitiveness[90]. - The company has a remuneration policy that emphasizes performance-based pay and encourages innovation among employees[134]. Market Position and Industry Trends - The company reported a significant increase in the global semiconductor industry sales, reaching $627.6 billion in 2024, a year-on-year growth of 19.1%[26]. - The domestic integrated circuit production in 2024 was 451.4 billion pieces, reflecting a growth of 22.2% compared to the previous year[26]. - The automotive electronics market is expected to maintain long-term growth, particularly in the field of new energy vehicles, where the company holds a leading position domestically[90]. Corporate Governance - The company emphasizes its commitment to legal responsibilities regarding the accuracy of its annual report[4]. - The company has established a performance evaluation system for senior management, ensuring transparency in the hiring process[99]. - The board of directors consists of 7 members, including 3 independent directors, complying with legal requirements[98]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance[102]. Shareholder Engagement - The company held 2 shareholder meetings during the reporting period, ensuring equal treatment of all shareholders and disclosing voting results for minority investors[98]. - The company reported a 34.99% investor participation rate in the 2023 annual shareholder meeting held on May 9, 2024[105]. Environmental Responsibility - The company adheres to energy-saving and environmental protection principles in its daily management and production processes, ensuring compliance with environmental safety regulations[149]. - The company has committed to improving its environmental management system and enhancing employee awareness of environmental protection[149]. Related Party Transactions - The total amount of daily related transactions in the reporting period was 52,482.23 million yuan, which is within the expected range[165]. - The company purchased raw materials and chips from related parties amounting to 37,742.24 million yuan, accounting for 16.37% of similar transactions[164]. Changes in Ownership Structure - The company has undergone changes in its fundraising projects due to market conditions, leading to a reassessment of project feasibility[81]. - The company is currently undergoing changes in the ownership structure of its controlling shareholder, 紫光春华[196]. - The company does not have an actual controller, as the restructuring of Unisplendour Group in July 2022 resulted in Zhiguangxin holding 100% of Unisplendour Group's shares[200].

紫光国芯微电子股份有限公司 独立董事 2024 年度述职报告 （黄文玉） 本人作为紫光国芯微电子股份有限公司（以下简称"公司"）的独立董事，2024 年度，按照《中华人民共和国公司法》（以下简称《公司法》）《上市公司独立董事管理 办法》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》 等法律、法规、规章、规范性文件及《紫光国芯微电子股份有限公司章程》（以下简称 《公司章程》）、《紫光国芯微电子股份有限公司独立董事工作细则》（以下简称《独立 董事工作细则》）的规定和要求，忠实、勤勉地履行了独立董事职责，积极出席公司的 相关会议及活动，关注公司的运营，认真审议董事会各项议案，充分发挥独立董事作 用，维护了公司和全体股东的合法权益。现将本人 2024 年度履行独立董事职责情况汇 报如下： 一、独立董事基本情况 （一）基本情况 黄文玉，男，1956 年 7 月出生，中国国籍，管理学硕士，通信专业教授级高级工 程师，享受国务院政府特殊津贴专家。1982 年 1 月至 1994 年 4 月在乌鲁木齐市电信局 工作，历任市话分局局长、体改办负责人、市话工程处副处长、副局长等职；1994 年 4 月至 ...

紫光国芯微电子股份有限公司 独立董事 2024 年度述职报告 （谢永涛） 本人作为紫光国芯微电子股份有限公司（以下简称"公司"）的独立董事，2024 年度，按照《中华人民共和国公司法》（以下简称《公司法》）《上市公司独立董事管理 办法》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》 等法律、法规、规章、规范性文件及《紫光国芯微电子股份有限公司章程》（以下简称 《公司章程》）《紫光国芯微电子股份有限公司独立董事工作细则》（以下简称《独立董 事工作细则》）的规定和要求，忠实、勤勉地履行了独立董事职责，积极出席公司的相 关会议及活动，认真审议董事会各项议案，充分发挥独立董事作用，维护了公司和全 体股东的合法利益。现将本人 2024 年度履行独立董事职责情况汇报如下： 一、独立董事基本情况 （一）基本情况 谢永涛，男，1982 年 12 月出生，中国国籍，硕士学位。曾任职于美国霍金豪森律 师事务所北京代表处、北京市竞天公诚律师事务所、孖士打律师行香港办公室等；现 任北京安杰世泽律师事务所合伙人、长春吉大正元信息技术股份有限公司独立董事； 2023 年 8 月起任公司独立董事。 （二）是否存在 ...

紫光国芯微电子股份有限公司 独立董事 2024 年度述职报告 （马朝松） 本人作为紫光国芯微电子股份有限公司（以下简称"公司"）的独立董事，2024 年度，按照《中华人民共和国公司法》（以下简称《公司法》）《上市公司独立董事管理 办法》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》 等法律、法规、规章、规范性文件及《紫光国芯微电子股份有限公司章程》（以下简称 《公司章程》）、《紫光国芯微电子股份有限公司独立董事工作细则》（以下简称《独 立董事工作细则》）的规定和要求，忠实、勤勉地履行了独立董事职责，积极出席公司 的相关会议及活动，认真审议董事会各项议案，充分发挥独立董事作用，维护了公司 和全体股东的合法利益。现将本人 2024 年度履行独立董事职责情况汇报如下： 一、独立董事基本情况 （一）基本情况 马朝松，男，1972 年 7 月出生,中国国籍，硕士学位，中国注册会计师、资产评估 师、注册税务师、高级会计师。曾任中测会计师事务所项目经理、中诚信会计师事务 所有限责任公司董事长、中国核工业建设股份有限公司独立董事；现任中天运会计师 事务所（特殊普通合伙）合伙人、北京信利恒税务师事务所 ...

1 紫光国芯微电子股份有限公司 董事会对独立董事独立性评估的专项意见 根据《上市公司独立董事管理办法》《深圳证券交易所股票上市规则》《深圳 证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等相关规 定，紫光国芯微电子股份有限公司（以下简称"公司"）董事会就公司在任独立 董事马朝松先生、谢永涛先生、来有为先生的独立性情况进行评估并出具如下专 项意见： 经核查独立董事马朝松先生、谢永涛先生、来有为先生的任职经历以及签署 的相关自查文件，上述人员未在公司担任除独立董事以外的任何职务，也未在公 司主要股东及其附属企业担任任何职务，与公司以及主要股东之间不存在利害关 系或其他可能妨碍其进行独立客观判断的关系，不存在影响独立董事独立性的情 况。因此，公司独立董事符合《上市公司独立董事管理办法》《深圳证券交易所 股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公 司规范运作》等相关规定中对独立董事独立性的相关要求。 紫光国芯微电子股份有限公司董事会 2025 年 4 月 21 日 ...

[Table_Main] 证券研究报告 | 公司首次覆盖 资格编号：S0120524070003 邮箱：liht＠tebon.com.cn 研究助理 市场表现 沪深300对比 1M 2M 3M -34% -23% -11% 0% 11% 23% 34% 2024-04 2024-08 2024-12 紫光国微 沪深300 | 绝对涨幅(%) | 0.99 | 9.09 | 17.91 | | --- | --- | --- | --- | | 相对涨幅(%) | 7.16 | 13.65 | 19.51 | | 资料来源：德邦研究所，聚源数据 | | | | 相关研究 紫光国微(002049.SZ) 2025 年 04 月 15 日 买入（首次） 所属行业：电子/半导体 当前价格(元)：70.59 证券分析师 李宏涛 2 / 19 请务必阅读正文之后的信息披露和法律声明 紫光国微（002049.SZ）：特种信息化 加速，汽车电子打开新增长极 公司首次覆盖 紫光国微（002049.SZ） 投资要点 | [Table_Base] 股票数据 | | [Table_Finance] 主要财务数据及预测 | | | | ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [2]. Core Views - The company is expected to benefit from the acceleration of special information technology and the growth in automotive electronics, which presents new growth opportunities [4]. - The report highlights the company's strong position in the special integrated circuit sector, which is expected to see marginal improvements due to policy support and increasing domestic demand for chips [4][40]. - The automotive electronics segment is anticipated to contribute significantly to revenue growth, with the company launching new products that meet high safety standards [4][27]. Summary by Sections Company Overview - The company has a rich history of over 24 years in the electronic components industry, formed through multiple acquisitions leading to a diversified product portfolio [8][11]. - The company has undergone significant restructuring, with a focus on high-tech sectors such as special integrated circuits, smart security chips, and quartz crystal frequency devices [11][15]. Market Position and Growth Potential - The report notes that the domestic integrated circuit industry still relies heavily on imports, indicating a substantial opportunity for domestic companies to fill this gap [30][34]. - The company is positioned as a leader in the special integrated circuit market, with high entry barriers and a comprehensive product range [43][45]. Financial Projections - Revenue forecasts for the company are projected at 55 billion, 67 billion, and 83 billion yuan for 2024, 2025, and 2026 respectively, with net profits expected to reach 12 billion, 16 billion, and 22 billion yuan in the same years [4]. - The company's price-to-earnings ratio is expected to be lower than that of comparable companies, suggesting potential undervaluation [4]. Product and Technology Development - The company has made significant advancements in smart chip technology, particularly in automotive applications, with a focus on high-performance microcontrollers and safety standards [27][43]. - Continuous investment in research and development has led to a growing portfolio of intellectual property, enhancing the company's competitive edge in the market [26][27].

Group 1 - A total of 66 stocks appeared on the weekly trading list, with 42 showing net purchases from the Shenzhen Stock Connect [1][2] - The top three stocks with the highest net purchases were Unisoc (紫光国微) at 163.21 million, Huadian (沪电股份) at 127.00 million, and Wanma (万马股份) at 96.75 million [1][3] - The average increase for stocks with net purchases was 4.43%, outperforming the Shanghai Composite Index, which fell by 3.11% [1][2] Group 2 - The stock with the largest increase was Shengbang (圣邦股份), which rose by 24.65% during the week [1][2] - There were 24 stocks with net sales, with the highest being Fenzhong Media (分众传媒) at 1,060.77 million and Satellite Chemical (卫星化学) at 911.59 million [1][3] - The overall market performance indicated a mixed sentiment, with some stocks experiencing significant volatility in their trading volumes [1][2]

沪指4月10日上涨1.16%，申万所属行业中，今日上涨的有31个，涨幅居前的行业为商贸零售、纺织服 饰，涨幅分别为4.83%、3.78%。电子行业今日上涨2.58%。 资金面上看，两市主力资金全天净流入100.43亿元，今日有22个行业主力资金净流入，电子行业主力资 金净流入规模居首，该行业今日上涨2.58%，全天净流入资金32.91亿元，其次是食品饮料行业，日涨幅 为0.64%，净流入资金为16.50亿元。 主力资金净流出的行业有9个，计算机行业主力资金净流出规模居首，全天净流出资金17.80亿元，其次 是农林牧渔行业，净流出资金为8.97亿元，净流出资金较多的还有医药生物、钢铁、基础化工等行业。 电子行业今日上涨2.58%，全天主力资金净流入32.91亿元，该行业所属的个股共461只，今日上涨的有 438只，涨停的有12只；下跌的有20只。以资金流向数据进行统计，该行业资金净流入的个股有233只， 其中，净流入资金超亿元的有12只，净流入资金居首的是工业富联，今日净流入资金8.43亿元，紧随其 后的是歌尔股份、胜宏科技，净流入资金分别为6.39亿元、5.72亿元。电子行业资金净流出个股中，资 金净流出超5 ...

值得关注的是，紫光国微曾于2023年实施首次股份回购，完成近6亿元总金额的回购，累计回购股份 6,396,000股，占公司当时总股本的0.75%。此外，紫光国微还在2024年加大了现金分红力度，提高了现 金分红比例，派发现金总额达5.7亿元。 紫光国微作为国内领先的综合性半导体上市企业，在特种集成电路、智能安全芯片、石英晶体频率器件 等领域居于龙头地位，其芯片产品和系统解决方案广泛应用于移动通信、金融科技、汽车电子、工业互 联、智慧政务、物联网等数字经济领域。 中证报中证网讯(王珞)4月8日晚间，紫光国微（002049）披露公告，紫光国微董事长陈杰提议公司以自 有资金通过集中竞价交易方式回购部分公司股份，以维护公司全体股东利益，增强投资者信心，建立健 全公司长效激励机制，稳定及提升公司价值。 据悉，此次回购资金总额为人民币1亿元至2亿元，股份回购是基于对公司未来持续稳定发展的信心和长 期内在价值的判断，回购的股份将用于紫光国微股权激励或员工持股计划，有利于进一步激活公司创新 动能，推动公司实现高质量可持续发展。紫光国微表示，目前公司正积极推进股权激励相关工作。 今年年初，紫光国微曾表示，将不断增强高可靠、高安 ...