Core Viewpoint - The announcement highlights a strategic partnership between Jingjia Micro (300474) and Cangqiong Digital, focusing on integrating their strengths to create a sustainable and mutually beneficial collaboration in the field of high-performance GPU products and geographic information systems (GIS) [1] Group 1: Partnership Details - Jingjia Micro and Cangqiong Digital have signed a strategic cooperation agreement to leverage their respective advantages in brand, products, and technology [1] - The collaboration aims to develop a fully integrated domestic solution combining Jingjia Micro's high-performance GPU products with Cangqiong Digital's GIS platform, remote sensing software, and smart city application software [1] Group 2: Market Focus - The partnership will focus on key industries such as smart cities, natural resources, emergency rescue, industrial software, low-altitude economy, and spatiotemporal intelligent services [1] - Both companies will jointly develop industry-integrated solutions based on the JM11 chip, specifically targeting the "domestic GPU + domestic GIS platform" market [1]

Core Viewpoint - The strategic cooperation agreement between Jingjia Micro (300474.SZ) and Changchun Jida Zhengyuan Information Technology Co., Ltd. aims to integrate resources and provide secure and reliable products and solutions for government and enterprise users [1][2]. Group 1: Cooperation Details - The cooperation will focus on the integration of GPU product JM11 with Jingjia Micro's security products, enhancing graphical security operations and efficient data processing capabilities [1]. - Both parties will share confirmed hardware interfaces and software adaptation tools to optimize the user experience of the joint solutions [1][2]. - The collaboration includes the integration of products with Jingjia Micro's high-definition domestic GPU cloud desktop hyper-converged all-in-one machine, aiming to provide high-performance and secure cloud and desktop computing solutions that meet domestic requirements [1]. Group 2: Mutual Benefits and Promotion - Both companies will prioritize recommending each other's solutions, products, and services to their respective customer bases under equal conditions [2]. - Jingjia Micro will promote security solutions featuring the JM11 GPU to government and financial clients, while Jida Zhengyuan will ensure stable production capacity and delivery of the JM11 GPU [2]. - Joint efforts will be made in industry exhibitions and technical seminars, with Jingjia Micro opening market channels and establishing dedicated service teams, while Jida Zhengyuan will provide after-sales technical support for the JM11 GPU [2].

特别提示： 1、本次签署的《战略合作协议》属于协议双方为开展后续长期合作所达成 的合作原则，最终是否达成合作及后续进展尚存在不确定性，若各方达成合作， 则协议有关条款的落实需以后续签署的相关正式合同为准，敬请广大投资者注 意投资风险。 2、交易双方具体合作项目与金额均以日后实际合作中签订的各项正式合同 为准。暂时无法预计本次协议对公司经营业绩的影响。 长沙景嘉微电子股份有限公司 关于公司签署战略合作协议的公告（二） 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。 证券代码：300474 证券简称：景嘉微 公告编号：2025-052 3、公司最近三年所披露的框架协议的实施情况请详见本公告"七、其他相 关说明"的相关内容。 一、协议签署概况 近日，长沙景嘉微电子股份有限公司（以下简称"公司"）与苍穹数码技 术股份有限公司（以下简称"苍穹数码"）签署了《战略合作协议》（以下简 称"协议"），双方将整合各自优势，通过品牌、产品、技术等全方位合作， 共同打造双赢、可持续发展的战略合作伙伴关系，为用户提供安全可靠的产品、 解决方案及双方进行科研与生态共建等合作。 公司深耕 ...

证券代码：300474 证券简称：景嘉微 公告编号：2025-051 长沙景嘉微电子股份有限公司 关于公司签署战略合作协议的公告（一） 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。 特别提示： 1、本次签署的《战略合作协议》属于协议双方为开展后续长期合作所达成 的合作原则，最终是否达成合作及后续进展尚存在不确定性，若各方达成合作， 则协议有关条款的落实需以后续签署的相关正式合同为准，敬请广大投资者注 意投资风险。 2、交易双方具体合作项目与金额均以日后实际合作中签订的各项正式合同 为准。暂时无法预计本次协议对公司经营业绩的影响。 3、公司最近三年所披露的框架协议的实施情况请详见本公告"七、其他相 关说明"的相关内容。 一、协议签署概况 近日，长沙景嘉微电子股份有限公司（以下简称"公司"）与长春吉大正 元信息技术股份有限公司（以下简称"吉大正元"）签署了《战略合作协议》 （以下简称"协议"），双方本着平等互利、优势互补、诚信合作的原则结成 长期深度合作伙伴，未来将整合优势资源，通过品牌、产品、技术等全方位的 紧密合作，为政企用户提供安全、可靠的产品及解决方案。 ...

Core Viewpoint - The stock of Jingjia Micro has experienced a significant decline in 2023, with a year-to-date drop of 21.91% and a recent decrease of 6.27% over the past five trading days, indicating potential challenges in the company's performance and market perception [1]. Financial Performance - For the first half of 2025, Jingjia Micro reported a revenue of 193 million yuan, representing a year-on-year decrease of 44.78%. The net profit attributable to shareholders was -87.61 million yuan, a substantial decline of 356.51% compared to the previous period [2]. - Since its A-share listing, Jingjia Micro has distributed a total of 392 million yuan in dividends, with 141 million yuan distributed over the last three years [3]. Shareholder and Market Activity - As of September 10, 2025, the number of shareholders for Jingjia Micro decreased to 103,200, a reduction of 5.09%. The average number of circulating shares per shareholder increased by 5.36% to 3,938 shares [2]. - The stock's trading activity on October 17 showed a net outflow of 15.89 million yuan from main funds, with large orders reflecting a sell-off trend [1]. Company Overview - Jingjia Micro, established on April 5, 2006, and listed on March 31, 2016, specializes in the research, production, and sales of high-reliability military electronic products. Its revenue composition includes 43.61% from graphics control products, 33.12% from chip products, and 15.71% from specialized radar products [1].

Investment Rating - Industry Rating: Recommended [4] Core Insights - China strengthens its rare earth export controls, limiting exports to military users and entities on a control list, which significantly impacts the U.S. semiconductor industry as China accounts for nearly 70% of global rare earth production [15][20][21] - The world's first two-dimensional-silicon hybrid flash memory chip has been developed, outperforming current flash technologies and providing faster, lower-energy data support for AI and big data applications [16][22][26] - Upcoming semiconductor industry conferences aim to explore new development paths for China's semiconductor sector, focusing on advanced packaging and wafer manufacturing, which are crucial for enhancing global competitiveness [17][42][60] Summary by Sections Section 1: Rare Earth Security - China has implemented stricter export controls on rare earth materials, particularly for military applications, which could hinder U.S. semiconductor capabilities [15][20][21] - Rare earths are essential for semiconductor manufacturing, impacting various components and processes across the industry [21] Section 2: Hybrid Flash Memory Chip - The new hybrid chip integrates two-dimensional ultra-fast memory with mature silicon-based CMOS technology, marking a significant technological breakthrough [16][22][26] - This innovation positions China at the forefront of next-generation storage technology, crucial for AI and big data [22][41] Section 3: Semiconductor Industry Conferences - The 2025 Bay Area Semiconductor Industry Expo will gather industry leaders to discuss future directions and innovations [17][42] - The Third Generation Semiconductor Industry Cooperation Conference will focus on collaborative development and technological advancements in the semiconductor field [55][56] - The 2025 China Semiconductor Advanced Packaging Conference will address the integration of wafer manufacturing and advanced packaging technologies [60][61] Section 4: Investment Recommendations - Beneficial stocks in the semiconductor sector include North China Huachuang, Zhongwei Company, SMIC, and Huahong Semiconductor [18] - In the chip sector, recommended companies are Cambrian, Haiguang Information, and Longxin Zhongke [18]

Market Overview - The military electronics sector experienced a decline of 1.51% on October 10, with Jingjiawei leading the drop [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Stock Performance - Key gainers in the military electronics sector included: - Kesi Technology (688788) with a closing price of 60.95, up 8.34% [1] - ST Dali (002214) with a closing price of 12.57, up 5.01% [1] - ST Tianwei (688511) with a closing price of 23.87, up 4.24% [1] - Notable decliners included: - Jingjiawei (300474) with a closing price of 77.84, down 6.16% [2] - Guobo Electronics (688375) with a closing price of 75.76, down 5.09% [2] - Huafeng Technology (688629) with a closing price of 90.80, down 4.78% [2] Capital Flow - The military electronics sector saw a net outflow of 604 million yuan from institutional investors, while retail investors contributed a net inflow of 215 million yuan [2][3] - The top stocks by net inflow from institutional investors included: - Kesi Technology with a net inflow of 169 million yuan [3] - Zhonghang Chengfei (302132) with a net inflow of 10.6 million yuan [3] - Aopu Optoelectronics (002338) with a net inflow of 72.51 million yuan [3]

富国恒生A股专精特新企业ETF（563210）基金经理为苏华清。 从基金十大重仓股角度 数据显示，富国基金旗下1只基金重仓景嘉微。富国恒生A股专精特新企业ETF（563210）二季度减持 200股，持有股数1.1万股，占基金净值比例为2.38%，位居第九大重仓股。根据测算，今日浮亏损失约 4.67万元。 富国恒生A股专精特新企业ETF（563210）成立日期2025年1月16日，最新规模3386.71万。成立以来收 益52.7%。 截至发稿，苏华清累计任职时间1年358天，现任基金资产总规模191.7亿元，任职期间最佳基金回报 123.52%， 任职期间最差基金回报-6.04%。 10月10日，景嘉微跌5.1%，截至发稿，报78.72元/股，成交12.24亿元，换手率3.78%，总市值411.41亿 元。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 资料显示，长沙景嘉微电子股份有限公司位于湖南省长沙市岳麓区梅溪湖路1号，成立日期2006年4月5 日，上市日期2016年 ...

| 权益类证券大宗交易(协议交易) | | | | | | | | 回 下载 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券代码 | 证券简称 | 成交价格 (元) | 成交量 (万股/万份) | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | | 2025-09-30 | 300474 | 景嘉微 | 82.75 | 16.00 | 1,324.00 机构专用 | | 机构专用 | | | 2025-09-30 | 300474 | 景嘉微 | 82.75 | 12.00 | 993.00 机构专用 | | 机构专用 | | 9月30日，景嘉微大宗交易成交28万股，成交额2317万元，占当日总成交额的1.37%，成交价82.75元， 较市场收盘价82.75元持平。 ...

Group 1 - The core viewpoint of the article highlights the performance of the ChiNext AI ETF (159381), which opened down by 0.97% at 1.632 yuan on September 29 [1] - The major holdings of the ChiNext AI ETF include stocks such as Zhongji Xuchuang, which opened down by 0.87%, and Xinyi Sheng, which fell by 1.04% [1] - The fund's performance benchmark is the ChiNext AI Index return, with a return of 64.43% since its inception on March 14, 2025, and a return of 10.42% over the past month [1] Group 2 - The fund is managed by Huaxia Fund Management Co., Ltd., with the fund manager being Dan Kuan [1] - Other notable stock performances include Tianfu Communication down by 2.21%, Softcom Power up by 1.10%, and Beijing Junzheng up by 2.43% [1] - The article provides a snapshot of the ETF's performance and its key holdings, indicating a mixed performance among its top stocks [1]