11月4日，景嘉微盘中下跌2.00%，截至13:47，报73.45元/股，成交3.50亿元，换手率1.16%，总市值 383.86亿元。 资金流向方面，主力资金净流出5040.30万元，特大单买入107.29万元，占比0.31%，卖出2434.82万元， 占比6.97%；大单买入7080.17万元，占比20.26%，卖出9792.93万元，占比28.02%。 景嘉微今年以来股价跌21.38%，近5个交易日跌2.52%，近20日跌7.73%，近60日跌10.23%。 机构持仓方面，截止2025年9月30日，景嘉微十大流通股东中，易方达创业板ETF（159915）位居第六 大流通股东，持股675.19万股，相比上期减少113.42万股。南方中证500ETF（510500）位居第八大流通 股东，持股456.06万股，相比上期减少9.62万股。华夏国证半导体芯片ETF（159995）位居第九大流通 股东，持股405.45万股，相比上期减少149.06万股。 责任编辑：小浪快报 景嘉微所属申万行业为：国防军工-军工电子Ⅱ-军工电子Ⅲ。所属概念板块包括：DeepSeek概念、信创 概念、军工电子、人工智能、华为欧拉等。 ...

Core Insights - Wuxi Chengheng Microelectronics Co., Ltd. has undergone a business change, adding new shareholders including Jingjia Micro (300474) and two investment funds, while increasing its registered capital from 355 million RMB to 635 million RMB, representing an increase of approximately 79% [1] Company Overview - Wuxi Chengheng Microelectronics was established in June 2023, with legal representative Xing Wenguo. The company's business scope includes integrated circuit design, manufacturing of integrated circuit chips and products, and software development [1] Shareholder Information - The current shareholders of Wuxi Chengheng Microelectronics include Wuxi Junhe Xing Original Venture Investment Partnership and Hunan Junxi High-tech Phase II Technology Industry Fund, along with the newly added shareholders [1] Investment Activity - In August of this year, Jingjia Micro announced its intention to invest 220 million RMB in Wuxi Chengheng Microelectronics' capital increase project. Upon completion of the transaction, Jingjia Micro will become the controlling shareholder of the company [1]

Core Insights - Wuxi Chengheng Microelectronics Co., Ltd. has undergone a business change, adding new shareholders including Jingjia Micro (300474) and two investment partnerships, while increasing its registered capital from 355 million RMB to 635 million RMB, representing an increase of approximately 79% [1] Company Overview - Wuxi Chengheng Microelectronics was established in June 2023, with legal representative Xing Wenguo. The company's business scope includes integrated circuit design, manufacturing of integrated circuit chips and products, and software development [1] Shareholder Information - The current shareholders of Wuxi Chengheng Microelectronics include Wuxi Junhe Xing Original Venture Investment Partnership and Hunan Junxi High-tech Phase II Technology Industry Fund Partnership, along with the newly added shareholders [1] Investment Activity - In August, Jingjia Micro announced plans to invest 220 million RMB in Wuxi Chengheng Microelectronics' capital increase project. Upon completion of the transaction, Jingjia Micro will become the controlling shareholder of the company [1]

Core Insights - The latest investment direction of the "National Big Fund" has emerged, with 30 A-share listed companies having the fund as a significant shareholder [1] Group 1: Investment Holdings - The "National Big Fund" has significant holdings in companies such as Northern Huachuang, Hushi Silicon Industry, and Tuojing Technology, among others [1] - The fund's investments are primarily in the semiconductor and integrated circuit sectors, reflecting a strategic focus on these industries [1] Group 2: Company Performance - Northern Huachuang reported a Q3 revenue of 11.16 billion yuan, a year-on-year increase of 38.31%, with a net profit of 1.92 billion yuan, up 14.60% [3] - Hushi Silicon Industry achieved a Q3 revenue of 944 million yuan, a 3.79% increase, but reported a net loss of 265 million yuan [4] - Tuojing Technology saw a significant Q3 revenue increase of 124.15% to 2.27 billion yuan, with a net profit of 462 million yuan, up 225.07% [5]

Core Viewpoint - Jingjia Micro is a leading domestic GPU company focused on high-reliability military electronic products, with a significant emphasis on independent graphic processing chip technology [1] Group 1: Business Performance - In Q3 2025, Jingjia Micro achieved revenue of 495 million yuan, ranking 37th in the industry, significantly lower than the top competitors AVIC Chengfei at 48.286 billion yuan and AVIC Optoelectronics at 15.838 billion yuan [2] - The net profit for the same period was -72.53 million yuan, placing the company 50th in the industry, far behind the leading firms [2] Group 2: Financial Ratios - As of Q3 2025, Jingjia Micro's debt-to-asset ratio was 10.32%, down from 12.68% year-on-year, and significantly lower than the industry average of 32.84%, indicating lower debt pressure [3] - The gross profit margin for Q3 2025 was 45.73%, although it decreased from 53.85% year-on-year, it remains above the industry average of 34.84% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 1.43% to 104,700, with an average holding of 3,883.5 shares, a decrease of 1.41% [5] - Major shareholders include E Fund's ChiNext ETF and Southern CSI 500 ETF, both of which saw a reduction in their holdings [5] Group 4: Strategic Developments - The company is focusing on high investment in R&D, particularly in GPU technology and AI chip development, with plans to become the controlling shareholder of Chengheng Micro, which specializes in edge AI chip design [5][6] - The company aims to maintain a dual-driven model of "GPU + edge AI chips" to enhance growth prospects [6]

Company Overview - Changsha Jingjia Microelectronics Co., Ltd. focuses on information detection, processing, and comprehensive applications, providing high-quality and reliable products and solutions [2] - The company specializes in the R&D, production, and sales of high-reliability electronic products, primarily in the graphics display control, small specialized radar, and chip sectors [2] Financial Performance - In Q3 2025, the company achieved a revenue of CNY 301.40 million, representing a year-on-year increase of 230.65% [4] - Net profit for the same period was CNY 15.08 million, up 246.66% compared to the previous year [4] - R&D investment reached CNY 81.07 million, a growth of 28.81%, accounting for 26.90% of total revenue [4] Future Outlook - The company is optimistic about the prospects of GPU and edge AI chips, aligning with the "14th Five-Year Plan" and increasing R&D investments [5] - A dual-driven strategy of "high-performance GPU + edge AI chips" is being developed, transitioning from "specialized" to "specialized + general-purpose" products [5] Product Development - The JM11 series graphics processing chips have made significant progress in promotion, with successful software adaptation and performance optimization in key applications [6] - Strategic partnerships have been established with companies to enhance product integration and meet industry demands [7] AI Chip Development - Chengheng Micro, a company in which Changsha Jingjia has invested, is developing an edge AI chip characterized by high integration, high computing power, and low power consumption [7] - The chip targets applications in areas such as intelligent recognition and edge computing, aligning with trends in the AI industry [7]

Major Events - Vanke A's largest shareholder, Shenzhen Metro Group, plans to provide a loan of up to 2.2 billion yuan to the company for repaying bond principal and interest, with a term of no more than 3 years and an interest rate reduced by 66 basis points from the 1-year LPR [2] - ST Chuangxing's chairman, Liu Peng, has been arrested on criminal charges, but the company states that this matter is unrelated to its operations, and the board is functioning normally [2] - Shannon Chip's chairman, Fan Yongwu, resigned for personal reasons, and Huang Zewei has been elected as the new chairman, holding over 10% of the company's shares [3] - China Coal Energy has invested 1 billion yuan in a state-owned strategic emerging industry fund, which has a total size of 51 billion yuan, aimed at expanding its industrial cooperation ecosystem [4] - Da'an Gene's board has authorized management to sell part of its stock assets, with a limit of 1% through centralized bidding and 2% through block trading [5][6] - Kaineng Health plans to acquire several subsidiaries from Yuaneng Group to strengthen its investment in the cell industry [6] - David Medical's subsidiary has received a medical device registration certificate for a disposable lung nodule positioning puncture needle [7] Financial Performance - Sairus reported a Q3 net profit of 2.371 billion yuan, a decrease of 1.74% year-on-year, with a revenue of 48.133 billion yuan, up 15.75% [8] - Upwind New Materials achieved a Q3 net profit of 30.6473 million yuan, a 49.66% increase year-on-year, with revenue of 496 million yuan, up 23.73% [9] - Youzu Network's Q3 net profit surged by 4466.74% to 26.1999 million yuan, with revenue of 331 million yuan, up 11.99% [10] - Zhongji Xuchuang's Q3 net profit increased by 124.98% to 3.137 billion yuan, with revenue of 10.216 billion yuan, up 56.83% [11] - SAIC Group's Q3 net profit reached 2.083 billion yuan, a 644.88% increase, with revenue of 169.403 billion yuan, up 16.19% [12] - China Life's Q3 net profit was 126.873 billion yuan, a 91.5% increase, with revenue of 298.66 billion yuan, up 54.8% [13] - Pingtan Development's Q3 net profit grew by 1970.63% to 16.1449 million yuan, with revenue of 287 million yuan, up 11.78% [14] - Huatai Securities reported a Q3 net profit of 5.183 billion yuan, a decrease of 28.11%, with revenue of 10.909 billion yuan, down 6.94% [15] - Yanzhou Coal's Q3 net profit was 2.288 billion yuan, down 36.60%, with revenue of 38.259 billion yuan, down 0.26% [16] - Dongwu Securities' Q3 net profit increased by 50.56% to 1.003 billion yuan, with revenue of 2.846 billion yuan, up 38.39% [17] - Dongxing Securities' Q3 net profit surged by 112.67% to 780 million yuan, with revenue of 1.361 billion yuan, up 35.79% [18] - CMB Securities reported a Q3 net profit of 3.686 billion yuan, a 53.45% increase, with revenue of 7.723 billion yuan, up 64.89% [19] - Agricultural Bank's Q3 net profit was 81.349 billion yuan, up 3.66%, with revenue of 1809.81 billion yuan, up 4.30% [20] - Industrial and Commercial Bank's Q3 net profit reached 101.805 billion yuan, up 3.29%, with revenue of 2018.86 billion yuan, up 2.42% [21] - Shenghe Resources reported a Q3 net profit increase of 748.07% [22] - Ingrity Media's Q3 net profit was 442.85 million yuan, up 167.91%, with revenue of 1.919 billion yuan, up 29.70% [23] - China Duty Free's Q3 net profit decreased by 28.94% to 452 million yuan, with revenue of 11.711 billion yuan, down 0.38% [24] - Luzhou Laojiao's Q3 net profit was 3.099 billion yuan, down 13.07%, with revenue of 6.674 billion yuan, down 9.80% [25] - Longi Green Energy reported a Q3 net loss of 834 million yuan, with revenue of 18.101 billion yuan, down 9.78% [26] - New Hope's Q3 net profit was 512.55 million yuan, down 99.63%, with revenue of 28.879 billion yuan, up 4.51% [27] - Wealth Trend's Q3 net profit increased by 76.93% to 77.1855 million yuan, with revenue of 65.3534 million yuan, up 4.31% [28] - Hunan Silver's Q3 net profit was 96.3611 million yuan, up 47.51%, with revenue of 4.065 billion yuan, up 98.68% [29] - Spring Airlines' Q3 net profit decreased by 6.17% to 1.167 billion yuan, with revenue of 6.469 billion yuan, up 6.01% [30] - Litong Electronics reported a Q3 net profit of 165 million yuan, up 1432.90%, with revenue of 946 million yuan, up 57.09% [31] - Baosteel's Q3 net profit increased by 130.31% to 3.081 billion yuan, with revenue of 81.064 billion yuan, up 1.83% [32] - Giant Star Technology's Q3 net profit was 882 million yuan, up 18.96%, with revenue of 4.129 billion yuan, down 5.80% [33] - Wanda Film's Q3 net profit increased by 319.92% year-on-year [34] - COSCO Shipping's Q3 net profit decreased by 29% [35] - PetroChina's Q3 net profit was 42.29 billion yuan, down 3.9%, with revenue of 719.16 billion yuan, up 2.3% [36] - JA Solar reported a Q3 net loss of 3.553 billion yuan [37] - BOE Technology's Q3 net profit was 1.355 billion yuan, up 32.07%, with revenue of 53.270 billion yuan, up 5.81% [38] - BYD's Q3 net profit was 7.823 billion yuan, down 32.60%, with revenue of 194.985 billion yuan, down 3.05% [39] - Guotai Junan's Q3 net profit increased by 40.60% to 6.337 billion yuan, with revenue of 22.019 billion yuan, up 136.00% [40] - Jianghuai Automobile reported a Q3 net loss of 661 million yuan, with revenue of 11.513 billion yuan, up 5.54% [41] - Zhezhong Co. reported a Q3 net profit of 206 million yuan, up 5282.88%, with revenue of 232 million yuan, down 21.33% [42] - Yonghui Supermarket reported a Q3 net loss of 469 million yuan, with revenue of 12.486 billion yuan, down 25.55% [43] Shareholding Changes - Ruisheng Intelligent's shareholder plans to reduce its stake by up to 3% [44] - SF Holding adjusted its share repurchase plan to a total amount of not less than 1.5 billion yuan and not more than 3 billion yuan [45] - Changying Precision adjusted its share repurchase price limit to 50 yuan per share [46] Major Contracts - Trina Solar signed a sales contract for over 1 GWh of energy storage products with a European customer [47]

Major Events - Vanke A's largest shareholder, Shenzhen Metro Group, plans to provide a loan of up to 2.2 billion yuan to the company for repaying bond principal and interest, with a term of no more than 3 years and an interest rate reduced by 66 basis points from the 1-year LPR [4] - *ST Chuangxing's chairman, Liu Peng, has been arrested for suspected criminal activities, but the company's operations remain normal under the management of the executive team [5] - Shannon Chip's chairman, Huang Zewei, has been elected following the resignation of the previous chairman, Fan Yongwu [6][7] - China Coal Energy has invested 1 billion yuan in a state-owned strategic emerging industry fund, which has a total size of 51 billion yuan, aimed at expanding its industrial cooperation ecosystem [8] - Da'an Gene's board has authorized management to sell part of its stock assets, with a limit of 1% through centralized bidding and 2% through block trading [9] - Kaineng Health plans to acquire several subsidiaries of Yuaneng Group to strengthen its investment in the cell industry, aiming to create a second growth curve [10] - David Medical's subsidiary has received a medical device registration certificate for a disposable lung nodule positioning puncture needle [11] Performance Overview - Saisir reported a Q3 net profit of 2.371 billion yuan, a year-on-year decrease of 1.74%, with a revenue of 48.133 billion yuan, up 15.75% [12][13] - Upwind New Materials achieved a Q3 net profit of 30.6473 million yuan, a year-on-year increase of 49.66% [14] - Youzu Network's Q3 net profit surged by 4466.74% to 26.1999 million yuan [15] - Zhongji Xuchuang's Q3 net profit increased by 124.98% to 3.137 billion yuan [16] - SAIC Motor's Q3 net profit reached 2.083 billion yuan, up 644.88% [17] - China Life's Q3 net profit was 126.873 billion yuan, a year-on-year increase of 91.5% [18] - Pingtan Development's Q3 net profit grew by 1970.63% to 16.1449 million yuan [19] - Huatai Securities reported a Q3 net profit of 5.183 billion yuan, down 28.11% [20] - Yanzhou Coal's Q3 net profit decreased by 36.60% to 2.288 billion yuan [21] - Dongwu Securities' Q3 net profit increased by 50.56% to 1.003 billion yuan [22] - Dongxing Securities' Q3 net profit surged by 112.67% to 780 million yuan [23] -招商证券's Q3 net profit increased by 53.45% to 3.686 billion yuan [24] - Agricultural Bank's Q3 net profit was 81.349 billion yuan, up 3.66% [25] - Industrial and Commercial Bank's Q3 net profit reached 101.805 billion yuan, a year-on-year increase of 3.29% [26] - Shenghe Resources reported a Q3 net profit growth of 748.07% [28] -引力传媒's Q3 net profit increased by 167.91% to 442.85 million yuan [29] - China Duty Free's Q3 net profit decreased by 28.94% to 452 million yuan [30] - Luzhou Laojiao's Q3 net profit decreased by 13.07% to 3.099 billion yuan [31] - Everbright Securities' Q3 net profit increased by 65.88% to 999.5 million yuan [32] - Gujing Gongjiu's Q3 net profit decreased by 74.56% to 299 million yuan [33] - Longi Green Energy reported a Q3 net loss of 834 million yuan [34] - New Hope's Q3 net profit decreased by 99.63% to 512.55 million yuan [35] - Wealth Trend's Q3 net profit increased by 76.93% to 77.1855 million yuan [36] - Hunan Silver's Q3 net profit increased by 47.51% to 96.3611 million yuan [37] - Spring Airlines' Q3 net profit decreased by 6.17% to 1.167 billion yuan [38] - Litong Electronics' Q3 net profit surged by 1432.90% to 165 million yuan [39] - Baosteel's Q3 net profit increased by 130.31% to 3.081 billion yuan [40] - Juxing Technology's Q3 net profit increased by 18.96% to 882 million yuan [42] - Wanda Film's Q3 net profit increased by 319.92% [43] - COSCO Shipping's Q3 net profit decreased by 29% [44] - China Petroleum's Q3 net profit was 42.29 billion yuan, down 3.9% [45] - JA Solar reported a Q3 net loss of 3.553 billion yuan [46] - BOE Technology's Q3 net profit increased by 32.07% to 1.355 billion yuan [47] - BYD's Q3 net profit decreased by 32.60% to 7.823 billion yuan [48] - Guotai Junan's Q3 net profit increased by 40.60% to 6.337 billion yuan [50] - Jianghuai Automobile reported a Q3 net loss of 661 million yuan [51] - Zhezhong Co.'s Q3 net profit increased by 5282.88% to 206 million yuan [52] - Yonghui Supermarket reported a Q3 net loss of 469 million yuan [53] Shareholding Changes - Ruisheng Intelligent's shareholder plans to reduce its stake by up to 3% [54] Share Buybacks - SF Holding has adjusted its share buyback plan to a total amount of not less than 1.5 billion yuan and not more than 3 billion yuan [55][56] - Changying Precision has raised its share buyback price limit to 50 yuan per share [57] Major Contracts - Trina Solar signed a sales contract for over 1 GWh of energy storage products with a European customer [58]

Group 1 - The "International Talent Fair" in Shenzhen will feature over 20 listed companies and research institutions from Hunan, offering nearly 800 quality job positions, including 22 with salaries exceeding 1 million yuan, and the highest salary reaching 1.5 million yuan [2] - Companies participating include well-known firms such as Wanxing Technology, Weisheng Information, and Jingjia Microelectronics, with job roles spanning R&D, technology, marketing, management, and graduate training programs [2] - The recruitment event reflects the strong demand for talent from leading companies in Changsha, aligning salaries with coastal regions [2] Group 2 - AI talent is in high demand, with companies like Hunan Qilin Xinan and Tuo Wei Information offering positions such as large model algorithm engineers and embedded development engineers [3] - There is a notable demand for talent in overseas market expansion, with specific roles for international business and social media marketing personnel aimed at understanding overseas user habits [3]

Group 1 - The 2025 Hurun Rich List features 1,434 individuals with wealth exceeding 5 billion yuan, totaling nearly 30 trillion yuan [1] - Four entrepreneurs from Huangshi are listed, with He Xiaopeng leading at 48 billion yuan, followed by Wu Shaoxun at 17.5 billion yuan [1][4] - Lei Jun, from Hubei, ranks first among Hubei entrepreneurs with a wealth of 326 billion yuan, marking a 151% increase from the previous year [4] Group 2 - Huang Li and Huang Sheng, with a combined wealth of 34.5 billion yuan, have seen a 103% increase, ranking 176th overall [4] - The list indicates significant wealth growth among Hubei entrepreneurs, with many experiencing substantial increases in their rankings and wealth [3][4] - The overall trend shows a rise in the number of billionaires and their total wealth in the region, reflecting economic growth [1][3]