Core Insights - The company reported a significant rebound in performance for Q3 2025, with both revenue and net profit showing substantial growth, although overall profitability for the year-to-date remains under pressure [1][3][4] Financial Performance - In Q3 2025, the company achieved revenue of 301 million yuan, a year-on-year increase of 230.65%, indicating a strong business recovery [3] - The net profit attributable to shareholders reached 15.08 million yuan, a year-on-year increase of 246.66%, marking a return to profitability [3] - The net profit after excluding non-recurring gains and losses was 9.86 million yuan, up 166.22% year-on-year, reflecting improved core business profitability [3] Year-to-Date Performance - For the year-to-date period, total revenue was 495 million yuan, a year-on-year increase of 12.14%, but the net profit attributable to shareholders was -72.53 million yuan, a decline of 403.81% [3] - The net profit excluding non-recurring items was -86.26 million yuan, a significant drop of 1437.78% year-on-year, indicating ongoing challenges in overall profitability [3] Cash Flow and Earnings - The net cash flow from operating activities for the year-to-date period was -145 million yuan, a decrease of 1228.67%, highlighting cash flow pressures [3] - Basic and diluted earnings per share for Q3 were 0.03 yuan, a year-on-year increase of 250.00%, while year-to-date earnings per share were -0.14 yuan, a decline of 380.00% [4] - The weighted average return on equity for the reporting period was 0.22%, an increase of 0.52 percentage points year-on-year, but year-to-date it was -1.03%, a decrease of 1.72 percentage points [4] Asset and Equity Position - As of the reporting period, total assets reached 7.775 billion yuan, a 2.78% increase from the previous year-end, indicating stable asset scale [4] - Shareholders' equity attributable to the company was 6.972 billion yuan, a decrease of 1.39% from the previous year-end [4] Future Outlook - The company demonstrated a strong performance rebound in Q3 2025, with significant growth in revenue and net profit, and improved core business profitability [4] - Despite the challenges reflected in year-to-date performance, ongoing efforts in core business areas such as graphics processing chips suggest potential for future performance improvement [4]

Group 1 - The company Jingjiawei (SZ 300474) announced that its 11th meeting of the 5th Board of Directors was held on October 27, 2025, where the agenda included the review of the "2025 Q3 Report" [1] - For the year 2024, the company's revenue composition is entirely from the manufacturing of computers, communications, and other electronic devices, accounting for 100.0% [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with a new "slow bull" market pattern emerging driven by technology [1]

Core Viewpoint - Jingjia Microelectronics (300474.SZ) reported a revenue of 495 million yuan for the first three quarters of 2025, reflecting a year-on-year growth of 12.14% [1] Financial Performance - The net loss attributable to shareholders of the listed company was 72.53 million yuan [1] - The net loss attributable to shareholders, excluding non-recurring gains and losses, was 86.26 million yuan [1] - The basic loss per share was 0.14 yuan [1]

证券代码：300474 证券简称：景嘉微 公告编号：2025-055 长沙景嘉微电子股份有限公司 关于使用部分闲置募集资金进行现金管理及以协定 存款方式存放募集资金的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 长沙景嘉微电子股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日 召开第五届董事会第十一次会议，审议通过了《关于使用部分闲置募集资金进行 现金管理及以协定存款方式存放募集资金的议案》，同意公司在确保不影响募集 资金投资计划正常进行的情况下，使用部分闲置募集资金不超过人民币 298,000.00 万元（含）进行现金管理，及募集资金余额以协定存款方式存放。现 将具体情况公告如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意长沙景嘉微电子股份有限公司向特定 对象发行股票注册的批复》（证监许可〔2024〕841 号）同意注册，公司向特定 对象发行人民币普通股（A 股）共计 63,986,969 股，每股面值人民币 1 元，每股 发行价格人民币 59.91 元，募集资金总额为人民币 3,833,459,312.79 元，扣 ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本次计提和转回资产减值准备概况 为了能够更加真实、准确和公允地反映长沙景嘉微电子股份有限公司（以下 简称"公司"）资产和财务状况，根据《企业会计准则》及公司会计政策的相关 规定，公司对截至 2025 年 9 月 30 日的资产进行全面清查，并按资产类别进行了 减值测试，对可能发生减值损失的相关资产计提减值准备。 2025 年前三季度整体计提减值准备 36,558,002.63 元，本次计提和转回资产 减值准备事项是按照《企业会计准则》《深圳证券交易所创业板股票上市规则》 及公司会计政策的相关规定执行，无需公司董事会审议。具体情况如下： | 项目 | 年 2025 1-9 月计提/转回金额（元） | | --- | --- | | 信用减值损失 | -36,558,002.63 | | 其中：应收账款坏账损失 | -45,286,280.75 | | 应收票据坏账损失 | 9,043,023.27 | | 其他应收款坏账损失 | -314,745.15 | 注：上述表格计提减值损失以负号填列，转回减值损失以正数 ...

证券代码：300474 证券简称：景嘉微 公告编号：2025-054 2.本次董事会于 2025 年 10 月 27 日在公司会议室召开，采取现场表决及通 讯表决的方式进行表决。董事郑珊女士以通讯方式参加会议并表决。 3.本次董事会应到 8 人，出席 8 人。 4.本次董事会由董事长曾万辉先生主持，部分高管列席了本次董事会。 5.本次董事会会议的召集、召开和表决程序符合《中华人民共和国公司法》 等法律、法规及《公司章程》的有关规定，合法有效。 二、董事会会议审议情况 1、审议通过《关于<2025 年第三季度报告>的议案》 长沙景嘉微电子股份有限公司 第五届董事会第十一次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 1.长沙景嘉微电子股份有限公司（以下简称"公司"）第五届董事会第十一 次会议由董事长曾万辉先生召集，会议通知于 2025 年 10 月 21 日以专人送达、 电子邮件等通讯方式发出。 2、审议通过《关于使用部分闲置募集资金进行现金管理及以协定存款方式 存放募集资金的议案》 同意公司在确保不影响募集资金投资计划正 ...

国泰海通证券股份有限公司 关于长沙景嘉微电子股份有限公司 使用部分闲置募集资金进行现金管理及以协定存款方式存 放募集资金的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐人"）作为长沙景 嘉微电子股份有限公司（以下简称"景嘉微"、"公司"或"发行人"）2023 年度向特 定对象发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《上市公司 募集资金监管规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板 上市公司规范运作》《深圳证券交易所创业板股票上市规则》等有关法律法规和 规范性文件的要求，就景嘉微使用部分闲置募集资金行现金管理及以协定存款方 式存放募集资金的事项进行了审慎核查，并发表如下核查意见: | 序号 | 项目名称 | 项目计划总投资 | 拟使用募集资金金额 | | --- | --- | --- | --- | | 1 | 高性能通用 芯片研 GPU 发及产业化项目 | 378,123.00 | 302,890.20 | | 2 | 通用 GPU 先进架构研发 中心建设项目 | 96,433.00 | 79,802.11 | | | 合计 | 474,556.00 | ...

长沙景嘉微电子股份有限公司 2025 年第三季度报告 证券代码：300474 证券简称：景嘉微 公告编号：2025-053 长沙景嘉微电子股份有限公司 3.第三季度财务会计报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 公司是否需追溯调整或重述以前年度会计数据 □是 否 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 | | | 1 长沙景嘉微电子股份有限公司 2025 年第三季度报告 | 非流动性资产处置损益（包括已计提资产减值准备的冲销部分） | -15,680.08 | -148,001.88 | | | --- | --- | --- | --- | | 计入当期损益的政府补助（与公司正常经营业务密切相关、符合 国家政策规定、按照确定的标 ...

Core Viewpoint - Changsha has rapidly developed into a hub for advanced manufacturing, boasting multiple national and provincial-level industrial clusters, showcasing its competitive strength in the recent provincial industrial cluster competition [1][2][3]. Group 1: Industrial Cluster Development - Changsha has established 6 national-level, 10 provincial-level, and 5 provincial cultivation objects, ranking among the top provincial capitals in terms of total industrial clusters [1]. - In the recent 2025 Hunan Province industrial cluster competition, Changsha achieved a success rate of approximately 70%, with 9 out of 13 participating clusters winning [1][2]. - The city has pioneered the "chain leader system" and is building a gradient system to cultivate national-level industrial clusters, aiming for world-class status [3][19]. Group 2: Mechanisms and Strategies - The "chain leader system" integrates various support mechanisms, including financial, supply, innovation, and talent chains, forming a unique Changsha model for industrial development [8][9]. - Currently, 17 industrial chains account for over 60% of the city's large-scale enterprises, over 70% of industrial output value, and over 80% of provincial and municipal innovation platforms [10]. - The city has implemented a three-tier development system that combines top-level design, collaborative mechanisms, and industrial park support to enhance cluster cultivation [11]. Group 3: Key Industries and Achievements - Changsha is recognized as the "capital of engineering machinery," leading the industry in scale for 15 consecutive years and included as one of the three samples for world-class industrial cluster cultivation by the Ministry of Industry and Information Technology [5][15]. - The new generation of autonomous safety computing systems has emerged as a breakthrough in strategic emerging industries, with a complete local industrial chain [15][17]. - Notable industrial clusters include high-end chemical raw materials in Liuyang and CNC grinding machines in Changsha County, both recognized as national-level small and medium-sized enterprise characteristic industrial clusters [16][17]. Group 4: Future Directions - Changsha aims to transition from national-level to world-class industrial clusters, focusing on high-end, intelligent, and international development [19][20]. - The city is enhancing its innovation capabilities through the establishment of national-level innovation platforms and specialized talent teams [20][21]. - Collaborative efforts are being strengthened to create a "symbiotic and prosperous" industrial ecosystem, with various organizations coordinating to support high-quality industrial development [21][22].

Core Viewpoint - The Southern Entrepreneurial Board Artificial Intelligence ETF (159382) has shown significant growth, reflecting strong performance in the AI sector, driven by advancements in 5G and industrial internet integration [1][2]. Group 1: ETF Performance - The Southern Entrepreneurial Board Artificial Intelligence ETF (159382) rose over 3% at one point, currently up 2.63%, with a trading volume of 13.61 million yuan [1]. - Over the past week, the ETF has accumulated a rise of 13.98% as of October 24, 2025 [1]. - Key constituent stocks such as Xinyisheng, Guangku Technology, and Xiechuang Data have seen significant increases, with gains of 4.91%, 4.84%, and 4.61% respectively [1]. Group 2: Industry Developments - A recent seminar in Shenzhen focused on the development of 5G factories, with the Ministry of Industry and Information Technology emphasizing the promotion of the "5G + Industrial Internet" initiative [1]. - The initiative aims to accelerate the integration of new technologies like 5G, AI, and computing power into industrial applications, enhancing the scale and quality of 5G factories [1]. - The "14th Five-Year Plan" highlights the importance of building a modern industrial system with a focus on intelligent and green manufacturing, positioning smart manufacturing as a key future industry axis [2]. Group 3: AI Market Insights - According to Zhongyin Securities, the level of technological self-reliance is expected to significantly increase, providing long-term support for strategic emerging industries such as AI and high-end manufacturing [2]. - Guojin Securities notes that AI is transitioning from training to inference phases, with accelerated deployment in enterprises and the growing value of edge nodes and interconnectivity [2]. - The Southern Entrepreneurial Board Artificial Intelligence Index reflects the stock price changes of companies related to the AI theme, with top-weighted stocks including Zhongji Xuchuang, Xinyisheng, and Tianfu Communication [2].