Core Insights - The company reported a revenue of 5.511 billion yuan for 2024, representing a year-over-year decline of 27.3%, and a net profit attributable to shareholders of 1.179 billion yuan, down 53.4% year-over-year [1] - The special circuit segment faced significant pressure, leading to a noticeable decline in gross margin [1] Revenue Breakdown - Integrated circuit revenue was 2.577 billion yuan, down 42.6% year-over-year, significantly impacted by industry cycle adjustments [2] - Smart security chip revenue was 2.638 billion yuan, down 7.6% year-over-year; quartz crystal business saw growth with revenue of 224 million yuan, up 20.9% year-over-year [2] - The overall gross margin for 2024 was 55.8%, a decrease of 5.4 percentage points year-over-year, with integrated circuit gross margin at 71.7%, down 1.5 percentage points [2] Cost and Expenses - The company maintained high R&D expenses, with a period expense ratio of 32.8%, up 6.4 percentage points year-over-year, primarily due to rapid revenue decline and fixed costs [2] - R&D expense ratio was 22.4%, an increase of 3.4 percentage points year-over-year, focusing on new storage, AI smart chips, and automotive domain control chips [2] Inventory and Contract Liabilities - Inventory balance was 1.974 billion yuan, down 21.5% from the beginning of the year, mainly due to the exclusion of Unisoc Qinghan from consolidation and reduced production in the integrated circuit business [3] - Contract liabilities were 284 million yuan, down 63.1% from the beginning of the year, indicating reduced visibility on short-term orders [3] Future Outlook - The company is expected to benefit from the high demand in 2025, as emphasized by President Xi Jinping during the Two Sessions, with a potential performance turnaround as early as Q2 2025 [3] - A share buyback plan of 100 to 200 million yuan has been proposed to support employee stock ownership plans, following a previous buyback of 600 million yuan in 2023 [3] Strategic Focus - The company is focusing on its core business and optimizing resource allocation post-judicial restructuring of Unisoc Group, enhancing competitiveness through a "design-driven + manufacturing collaboration" model [4] - The company has completed equity adjustments and liquidations of certain subsidiaries to improve operational efficiency [4]

Core Insights - In 2024, despite a highly competitive market and cyclical fluctuations in the special integrated circuit industry, the company reported increased R&D investment and continuous breakthroughs in core technologies [1] - The company achieved an operating revenue of 5.511 billion yuan, with integrated circuits contributing 5.215 billion yuan; the electronic components business saw a year-on-year revenue growth of 20.93% to 224 million yuan [1][2] - The company maintained a focus on core business development, ensuring a strong R&D investment of 1.286 billion yuan, accounting for 23.33% of operating revenue, and obtained 85 invention patents during the reporting period [2][3] Revenue and Profit Performance - The company reported a net profit attributable to shareholders of 1.179 billion yuan, indicating a certain degree of decline in revenue and net profit for the fiscal year [1][2] - The company is leveraging domestic substitution opportunities and focusing on key markets to stabilize and grow sales and production volumes [1] R&D and Product Development - The company has made significant advancements in special integrated circuits, including the successful market launch of radiation-resistant products and breakthroughs in key technologies such as high-current power module design and low-noise switch power supply design [2][3] - The company is also advancing its smart security chip business, with eSIM products achieving commercial success and automotive safety chip solutions entering mass production [3] Business Optimization and Management - The company has restructured its business and management systems to enhance operational efficiency, including the transfer of equity in certain subsidiaries and the establishment of new departments to optimize resource allocation [4] - The company emphasizes corporate governance and social responsibility, aiming for high-quality development and value enhancement [5] Recognition and Future Plans - The company received multiple accolades, including being ranked first in the "2024 China IC Design Fabless 100" list and recognized as a top semiconductor enterprise in various global rankings [5] - Looking ahead to 2025, the company plans to optimize its business and management systems under the board's leadership, focusing on product quality, technology strength, market expansion, and service improvement [5]

Financial Performance - In 2024, the company achieved a revenue of CNY 5.511 billion, a decrease of 27.26% compared to the previous year [3] - The net profit attributable to shareholders was CNY 1.179 billion, down 53.43% year-on-year [3] - The net cash flow from operating activities was CNY 1.467 billion, a decline of 17.07% from the previous year [3] - As of December 31, 2024, the net assets attributable to shareholders were CNY 12.394 billion, an increase of 6.33% from the beginning of the year [3] R&D Investment - Total R&D expenditure for 2024 was CNY 1.2859145 billion, accounting for 23.33% of revenue [3] - The company obtained 85 invention patents and 19 utility model patents during the year [3] Business Highlights Special Integrated Circuits - The company maintained a leading position in FPGA and system-level chip products [4] - Continued advancements in special memory and network interface products, with new chip launches covering various application scenarios [4] Intelligent Security Chips - The intelligent security chip business made significant progress in product technology and market expansion, achieving a leading position in the global SIM card chip market [4] - The annual shipment volume of automotive safety chips reached several million units [4] Quartz Crystal Frequency Devices - The quartz crystal frequency device business showed steady growth, expanding into emerging markets such as security and renewable energy [5] Shareholder Returns - The company has implemented cash dividend plans 18 times since its listing in 2005, with a total cash dividend of CNY 573 million in 2024 [6] - A proposed cash dividend of CNY 177 million for 2024 is pending shareholder approval [6] Strategic Initiatives - The company is focusing on enhancing its core business areas, including special integrated circuits, intelligent security chips, and quartz crystal frequency devices [7] - Plans to integrate AI technology into special integrated circuits and expand into automotive electronics [7] Market Outlook - The company anticipates significant growth in orders for special integrated circuits in 2025, despite expected price declines due to market competition [10] - The domestic chip market is expected to grow, particularly in high-end control chips where domestic alternatives are still developing [15]

Core Viewpoint - In 2024, the company aims to focus on core business development, maintain R&D investment, and enhance management efficiency to navigate challenges in a competitive market and the cyclical nature of the special integrated circuit industry [1][4]. Group 1: Business Development and Market Position - The company is seizing opportunities in the recovering global semiconductor industry, positioning itself as a leading comprehensive integrated circuit enterprise in China [2][3]. - The special integrated circuit business has improved quality assurance and production efficiency through optimization of quality systems, organizational structure, and supply chain management [2][5]. - The company has successfully launched radiation-resistant products for aerospace applications and achieved breakthroughs in key technologies such as high-current power modules and low-noise switch power designs [2][6]. Group 2: Financial Performance - In 2024, the company reported revenue of 5.511 billion yuan, a decrease of 27.26% year-on-year, and a net profit of 1.179 billion yuan, down 53.43% from the previous year [4]. - The net cash flow from operating activities was 1.467 billion yuan, a decline of 17.07% compared to the previous year [4]. - The company's total equity attributable to shareholders increased by 6.33% to 12.394 billion yuan, while the asset-liability ratio decreased by 6.63 percentage points to 28.44% [4]. Group 3: R&D and Innovation - The company invested 1.286 billion yuan in R&D in 2024, accounting for 23.33% of its revenue, and obtained 85 invention patents and 19 utility model patents [6][8]. - The company is focusing on domestic substitution and achieving breakthroughs in critical technologies in "bottleneck" areas while enhancing its position in international markets [6][7]. - The company is developing next-generation core devices in response to industry changes and demands, aiming to create new revenue growth points [3][8]. Group 4: Future Strategy - In 2025, the company plans to expand its special integrated circuit business by enhancing product categories, extending application areas, and increasing market share [7][8]. - The company will continue to innovate in security chip products and explore new industry applications while capitalizing on opportunities in the automotive electronics sector [7][8]. - The company aims to leverage AI technologies to enhance existing product lines and develop new intelligent product lines, thereby improving overall competitiveness and driving performance growth [8].

Core Viewpoint - The company reported a significant decline in revenue and net profit for the fiscal year 2024, while maintaining a positive growth in net assets and continuing to invest heavily in R&D to strengthen its industry position [1][2]. Financial Performance - The company achieved an operating revenue of 5.511 billion yuan, a decrease of 27.26% compared to the previous year [1]. - The net profit attributable to shareholders was 1.179 billion yuan, down 53.43% year-on-year [1]. - The net cash flow from operating activities was 1.467 billion yuan, a reduction of 17.07% from the previous year [1]. - As of December 31, 2024, the net assets attributable to shareholders reached 12.394 billion yuan, reflecting a growth of 6.33% since the beginning of the year [1]. - The company plans to distribute a cash dividend of 2.10 yuan for every 10 shares to all shareholders [1]. R&D and Technological Advancements - The company invested 1.286 billion yuan in R&D, accounting for 23.33% of its operating revenue [2]. - It secured 85 invention patents and 19 utility model patents during the year [2]. - The company successfully launched radiation-resistant products for aerospace applications and made progress in the development of analog products [2]. - Key technological breakthroughs were achieved in high-current power module design and low-noise switch power supply design [2]. - The company initiated the construction of a production base for ultra-miniature quartz crystal resonators and successfully developed several new specifications and products [2]. Business and Management Optimization - The company restructured its business and management systems to focus on core operations, optimize resource allocation, and enhance management efficiency [3]. - It completed the equity transfer of Ziguang Qingteng and dissolved two subsidiaries while establishing a new entity, Guoxin Jinyuan (Yueyang) [3]. - The company adjusted its management headquarters' responsibilities and created new departments to improve overall operational capabilities [3].

| 证券代码：002049 | 证券简称：紫光国微 公告编号：2025-034 | | --- | --- | | 债券代码：127038 | 债券简称：国微转债 | 紫光国芯微电子股份有限公司 关于购买董事、监事及高级管理人员责任保险的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 紫光国芯微电子股份有限公司（以下简称"公司"）于 2025 年 4 月 21 日召 开第八届董事会第二十二次会议和第八届监事会第十三次会议，审议《关于购买 董事、监事及高级管理人员责任保险的议案》。为进一步完善公司风险管理体系， 降低公司运营风险，促进董事、监事、高级管理人员及相关责任人员在各自职责 范围内更充分地行使权利、履行职责，保障公司及投资者的权益，根据《上市公 司治理准则》等有关规定，公司拟购买董事、监事及高级管理人员责任保险（以 下简称"董监高责任险"）。 （四）保险费用：不超过人民币 80 万元（最终以签署的保险合同为准） （五）保险期限：12 个月（后续每年可续保或重新投保） 为提高决策效率，公司董事会拟提请股东会授权公司董事会，并同意公司董 事会授权公司管 ...

| 证券代码：002049 | 证券简称：紫光国微 公告编号：2025-033 | | --- | --- | | 债券代码：127038 | 债券简称：国微转债 | 紫光国芯微电子股份有限公司 关于续聘2025年度审计机构的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 紫光国芯微电子股份有限公司（以下简称"公司"）续聘会计师事务所符合 财政部、国务院国资委、证监会印发的《国有企业、上市公司选聘会计师事务所 管理办法》（财会〔2023〕4 号）的规定。 公司于 2025 年 4 月 21 日召开了第八届董事会第二十二次会议、第八届监事 会第十三次会议，审议通过了《关于续聘 2025 年度审计机构的议案》，同意续 聘信永中和会计师事务所（特殊普通合伙）（以下简称"信永中和会计师事务所"） 担任公司 2025 年度财务报告和内部控制审计机构，聘期一年，并提请股东会授 权公司管理层根据公允合理的定价原则及审计工作量来确定其年度审计费用并 签署相关业务合同，以及根据业务需要聘请其开展其他专项审计工作。该议案尚 需提交公司 2024 年度股东会审议， ...

紫光国芯微电子股份有限公司 2024年度同一控制下企业合并及会计政策变更追溯调整 财务数据的 专项说明 索引 页码 2024 年度同一控制下企业合并及会计政策变更追溯 调整财务数据的专项说明 1-2 2024 年度同一控制下企业合并及会计政策变更追溯 调整财务数据的说明 1-10 | 信永中和会计师事务所 北京市东城区朝阳门北大街 联系电话: +86 (010) 6554 2288 | | | | --- | --- | --- | | telephone: +86 (010) 6554 2288 | 8 号富华大厦 A 座 9 层 | | | ShineWing | 9/F, Block A, Fu Hua Mansion, No.8, Chaoyangmen Beidajie, | | | Dongcheng District, Beijing, 传真: | | +86 (010) 6554 7190 | | certified public accountants 100027, P.R.China | | facsimile: +86 (010) 6554 7190 | 紫光国芯微电子股份有限公司 2 ...

紫光国芯微电子股份有限公司 2024 年度董事会工作报告 2024年度，紫光国芯微电子股份有限公司（以下简称"公司"）董事会严格按照《公 司法》《证券法》等法律、法规、规章、规范性文件以及《紫光国芯微电子股份有限公 司章程》（以下简称《公司章程》）的相关规定，认真履行股东大会赋予的职责，规范 运作、科学决策，严格执行股东大会各项决议，积极推进公司战略的落地和经营管理目 标的达成。全体董事恪尽职守、勤勉尽责，积极参与公司重大事项的决策过程，推动董 事会决议的落实，努力维护公司及全体股东的合法权益。 现将公司董事会2024年度工作情况报告如下： 一、2024年度公司经营情况 2024年，面对竞争异常激烈的市场环境和特种行业周期波动等不利因素，公司聚焦 主业发展，坚持技术创新，保证研发投入力度，拓展产业链条，同时全面提升管理效能， 积极应对各种风险挑战，推动公司高质量可持续发展。 2024年度，公司实现营业收入55.11亿元，较上年同期减少27.26%；实现归属于上市 公司股东的净利润11.79亿元，较上年同期下降了53.43%。经营活动产生的现金流量净 额14.67亿元，较上年同期下降17.07%。截至2024年 ...

（一）基本信息 4.首席合伙人：谭小青先生 紫光国芯微电子股份有限公司董事会审计委员会 对会计师事务所2024年度履职情况评估及履行监督职责情况的报告 根据《中华人民共和国公司法》《上市公司治理准则》《国有企业、上市公司 选聘会计师事务所管理办法》《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》和《紫光国芯微电子股份有限公司章程》等规定和要求， 紫光国芯微电子股份有限公司（以下简称"公司"）董事会审计委员会（以下简称 "审计委员会"）本着勤勉尽责的原则，恪尽职守，认真履职。现将审计委员会对 会计师事务所 2024 年度履职评估及履行监督职责的情况报告如下： 一、2024 年年审会计师事务所基本情况 5.截止 2024 年 12 月 31 日，信永中和合伙人（股东）259 人，注册会计师 1,780 人，签署过证券服务业务审计报告的注册会计师 700 人。 信永中和会计师事务所(特殊普通合伙)（以下简称"信永中和"）2023 年度业 务收入为 40.46 亿元，其中，审计业务收入为 30.15 亿元，证券业务收入为 9.96 亿 元。2024 年度，信永中和上市公司审计项目 364 家 ...