Core Viewpoint - The company, Jingjia Micro, reported a significant decline in revenue and a net loss for the first half of 2025, primarily due to decreased industry demand and project delays, while also announcing plans to invest in an AI chip company [1][2]. Financial Performance - For the first half of 2025, Jingjia Micro achieved revenue of 193 million yuan, a year-on-year decrease of 44.78%, and a net profit attributable to shareholders of -88 million yuan, marking a shift from profit to loss compared to the same period last year [1]. - In Q2 2025, the company's revenue was 91 million yuan, down 62.42% year-on-year, with a net profit of -33 million yuan, indicating a transition to loss [2]. - The decline in revenue was attributed to reduced industry demand and project delays, compounded by customer cost control, ongoing R&D investments, and competitive market pressures [2]. Product Performance - The graphics and control product segment was the primary contributor to the revenue decline, with H1 revenue of 85 million yuan, a year-on-year decrease of 62.91% [2]. - Revenue from the small specialized radar and chip segments for H1 was 30 million yuan and 64 million yuan, respectively, reflecting year-on-year decreases of 18.84% and 3.39% [2]. R&D Investment - Jingjia Micro maintained a high level of R&D investment, with 153 million yuan allocated in H1 2025, accounting for 79.40% of its revenue [2]. Strategic Investment - The company announced plans to invest 220 million yuan in Wuxi Chengheng Microelectronics Co., aiming to acquire a 33.59% stake and control 64.89% of voting rights, thereby becoming the controlling shareholder [3]. - Chengheng Micro, established in June 2023, focuses on the design, development, and sales of edge AI chips, operating under a Fabless model [3]. - Financial data for Chengheng Micro indicates it is currently unprofitable, with revenues of 30,360 yuan and 0 yuan for 2024 and 2025 (January to May), and net losses of -12.9 million yuan and -6.2 million yuan, respectively [3]. Shareholder Changes - Notably, prominent private equity investor Ge Weidong has exited the list of the top ten shareholders of Jingjia Micro, having previously invested approximately 600 million yuan in a 2024 private placement [4].

Mergers and Acquisitions - Jingjiawei plans to invest 220 million yuan to acquire a controlling stake in Chengheng Microelectronics, entering the edge AI chip sector [1] - Aerospace Changfeng intends to publicly transfer 55.45% of its stake in Aerospace Parker, with an assessed value of 201 million yuan [2] - Kangping Technology has signed an agreement to acquire a controlling stake in Suzhou Lingchen, focusing on core components for intelligent equipment [3] Performance Disclosure - Zhifei Biological reported a net loss of approximately 600 million yuan in the first half of 2025, a significant decline from profit in the previous year, with revenues down 73.06% to 4.919 billion yuan [4] - AVIC Shenyang Aircraft Company expects a revenue drop of about 32.35% to approximately 14.628 billion yuan, with a net profit decrease of around 29.78% to about 1.136 billion yuan [5] - Jingjiawei reported a net loss of 87.61 million yuan in the first half of 2025, with revenues declining 44.78% to 193 million yuan [6] - Jiao Cheng Ultrasound achieved a net profit increase of 1005% to 58.04 million yuan, with revenues growing 32.50% to 323 million yuan [7] Shareholding Changes - Myp Medical announced that its shareholder Guoshou Chengda has reduced its stake by nearly 3%, totaling 199.56 million shares [8] - West Shanghai disclosed that shareholder Huijia Chuangtou plans to reduce its stake by up to 1%, not exceeding 134.55 million shares [9] Investment Agreements - Longsheng Technology's subsidiary plans to invest approximately 200 million yuan in a new lightweight component production base for electric vehicles in Chongqing [10]

Group 1 - Company plans to invest 220 million yuan in Wuxi Chengheng Microelectronics Co., Ltd. to gain control over the company [1] - After the investment, the company will hold 33.59% of Chengheng Micro's equity and 64.89% of voting rights, making it the controlling shareholder [1] - The investment aims to enter the edge AI chip sector, creating a dual-driven development model of "GPU + edge AI chips" to enhance competitiveness and shareholder returns [1] Group 2 - Company has been focused on high-reliability electronic products and GPU design since its establishment in 2006, with applications in aerospace and defense [2] - The latest JM11 series GPU chip has been successfully developed, supporting hardware virtualization and various operating systems, expanding cloud application ecosystems [2] - Recent fundraising of 3.833 billion yuan will be directed towards high-performance GPU chip development and the establishment of an advanced architecture research center [2][3] Group 3 - The high-performance GPU chip development project has a total investment of 3.781 billion yuan, targeting applications in gaming, AI, and autonomous driving [3] - The advanced architecture research center project has a total investment of 964 million yuan, focusing on high-performance computing and data processing technologies [3] - The company aims to enhance its GPU product system and explore AI applications in the coming years [3]

Mergers and Acquisitions - Jingjiawei plans to invest 220 million yuan to acquire a controlling stake in Chengheng Microelectronics, entering the edge AI chip sector [1] - Aerospace Changfeng intends to publicly transfer 55.45% of its stake in Aerospace Parker, with an assessed value of 201 million yuan [2] - Kangping Technology has signed an agreement to acquire a controlling stake in Suzhou Lingchen, focusing on core components in intelligent equipment [3] Financial Performance - Zhifei Biological reported a net loss of approximately 600 million yuan in the first half of 2025, with revenue declining by 73.06% to 4.919 billion yuan [4] - AVIC Shenyang Aircraft Company expects a 30% decrease in net profit for the first half of 2025, with revenue around 14.628 billion yuan, down 32.35% [5] - Jingjiawei announced a net loss of 87.61 million yuan in the first half of 2025, with revenue falling by 44.78% to 193 million yuan [6] - Jiao Cheng Ultrasonic reported a 1005% increase in net profit for the first half of 2025, reaching 58.04 million yuan, with revenue up 32.50% to 323 million yuan [7] Shareholding Changes - Myp Medical announced that Guoshou Chengda has reduced its stake in the company by nearly 3%, totaling 199,560 shares [8] - Xishanghai disclosed that shareholder Huijia Chuangtou plans to reduce its stake by up to 1%, not exceeding 134,550 shares [9][10] Investment Agreements - Longsheng Technology's subsidiary plans to invest approximately 200 million yuan to establish a lightweight component production base for new energy vehicles in Chongqing [11]

Group 1 - The company, Jingjia Micro, announced an investment of 220 million RMB in Wuxi Chengheng Microelectronics to acquire a 33.59% stake, becoming the controlling shareholder with 64.89% voting rights after the capital increase [1] - The investment aims to enhance the company's research and development capabilities and enter the edge AI chip market, establishing a dual-driven development model of "GPU + edge AI chips" [1]

本次交易完成后，公司将直接持有目标公司33.59%的股权，并通过一致行动关系，合计取得目标公司 64.89%的表决权，成为目标公司的控股股东，目标公司将成为公司的控股子公司，纳入合并报表范 围。 格隆汇8月18日丨景嘉微(300474.SZ)公布，公司拟以自有资金2.2亿元人民币参与无锡诚恒微电子有限公 司(简称"诚恒微"、"目标公司")增资项目。公司、上海人工智能产业股权投资基金合伙企业(有限合伙) (简称"上海人工智能产投")、南京智兆陆号股权投资合伙企业(有限合伙)(简称"南京智兆陆号")、湖南财 信精睿数字产业股权投资合伙企业(有限合伙)(简称"湖南财信精睿")、无锡君和星原创业投资合伙企业 (有限合伙)(简称"君和星原")以及湖南钧犀高创二期科技产业基金合伙企业(有限合伙)(简称"钧犀高创二 期")拟签署《关于无锡诚恒微电子有限公司之增资协议》《关于无锡诚恒微电子有限公司之股东协 议》，同时公司与目标公司现有股东中的君和星原拟签署《一致行动协议》，以实现对目标公司的控 制。 ...

一、复牌 1、中国船舶：已刊登异议股东收购请求权申报结果，股票复牌。 二、并购、定增 1、爱柯迪：拟发行股份及支付现金购买卓尔博71%股权。 2、引力传媒：拟定增募资不超过4.7亿元，用于全球社交营销云项目、内容创意云项目、补充流动资 金。 三、回购 1、山东玻纤：将股份回购价格上限由5.41元/股调整为10.22元/股。 2、二连板新天药业：正在筹划对参股公司汇伦医药追加股权投资。 3、特变电工：拟发行可转债募资不超过80亿元，用于准东20亿Nm3/年煤制天然气项目。 4、久吾高科：拟发行可转债募资不超过5.04亿元，用于班戈错盐湖年产2000吨氯化锂中试生产线BOT 项目、特种无机膜组件及装置生产线项目、补充流动资金。 5、蔚蓝锂芯：控股子公司淮安光电在马来西亚进行LED项目建设投资，项目总投资8388万美元，新建 LED CSP项目；项目全部建成达产后，预计将形成700KK芯片点测分选及CSP芯片封装月产能。 2、海正生材：拟将回购股份价格上限由12元/股（含）调整为17元/股（含），并同时对回购实施期限 延长6个月，延长至2026年2月27日止。 四、对外投资 1、景嘉微：拟2.2亿元增资诚恒微成为其 ...

景嘉微(300474.SZ)公告称，2025年上半年营业收入为1.93亿元，同比下降44.78%，净利润亏损8761万 元，同比转亏。主要原因是行业需求下降，叠加客户成本管控、持续研发投入和市场竞争压力等因素。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

格隆汇8月18日｜景嘉微(300474.SZ)公告称，2025年上半年营业收入为1.93亿元，同比下降44.78%，净 利润亏损8761万元，同比转亏。主要原因是行业需求下降，叠加客户成本管控、持续研发投入和市场竞 争压力等因素。公司计划不派发现金红利，不送红股，不以公积金转增股本。 ...

格隆汇8月18日丨景嘉微(300474.SZ)公布2025年半年度报告，上半年公司实现营业收入1.93亿元，同比 下降44.78%；归属于上市公司股东的净利润-8761.01万元，同比盈转亏；归属于上市公司股东的扣除非 经常性损益的净利润-9611.96万元；基本每股收益-0.17元。 ...