人民财讯8月28日电，长芯博创（300548）8月28日晚间披露半年报，2025年上半年，公司实现营业收入 12亿元，同比增长59.54%；归母净利润1.68亿元，同比增长1121.21%；基本每股收益0.58元。报告期 内，受行业周期和市场价格竞争双重影响，公司电信市场业务下滑，实现销售收入2.21亿元，比上年同 期下降39.66%，占公司营业收入的18.46%。得益于人工智能的迅速发展、数据中心算力的显著提升及 网络迭代升级的有利推动，公司数据通信、消费及工业互联市场业务实现快速增长，实现销售收入9.76 亿元，比上年同期增长154.37%，占公司营业收入的81.36%。 ...

长芯博创科技股份有限公司 2025 年半年度报告全文 2025 年半年度报告 长芯博创科技股份有限公司 2025-057 2025 年 08 月 1 长芯博创科技股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 | 第二节 | 公司简介和主要财务指标 6 | | | --- | --- | --- | | 第三节 | 管理层讨论与分析 9 | | | 第四节 | 公司治理、环境和社会 29 | | | 第五节 | 重要事项 | 31 | | 第六节 | 股份变动及股东情况 | 38 | | 第七节 | 债券相关情况 | 45 | | 第八节 | 财务报告 | 46 | 长芯博创科技股份有限公司 2025 年半年度报告全文 备查文件目录 公司负责人庄丹、主管会计工作负责人汤金宽及会计机构负责人(会计主 管人员)PEH KOK THYE 声明：保证本半年度报告中财务报告的真实、准确、 完整。 所有董事均已出席了审议本次半年报的董事会会议。 ...

Core Viewpoint - The communication equipment sector is experiencing strong performance, driven by the CPO concept, with significant gains in related ETFs [1][3]. Group 1: ETF Performance - The Communication ETF (515880) saw a half-day increase of 4.49%, with a trading volume of 1.165 billion yuan and a total size of 3.042 billion units [1][3]. - The Communication Equipment ETF (159583) recorded a half-day increase of 4.47%, with a trading volume of 139 million yuan and a total size of 237 million units [5][7]. - Other related ETFs also showed positive performance, with the 5G Communication ETF (515050) increasing by 3.82% [2][5]. Group 2: Index Composition - The CSI Communication Equipment Index, which the Communication ETF (515880) tracks, includes major 5G concept stocks and has shown strong historical performance [3][5]. - The CSI Communication Equipment Theme Index, tracked by the Communication Equipment ETF (159583), consists of 50 companies involved in communication equipment manufacturing and services [5][7]. - The major weight stocks in the CSI Communication Equipment Index include companies like NewEase (18.47%) and Zhongji Xuchuang (17.45%) [4][6]. Group 3: Investment Logic - The "5G + Industrial Internet" initiative highlights the importance of industrial 5G terminal devices, which facilitate high-speed, low-latency data transmission for factory operations [3]. - The communication equipment sector is expected to benefit from advancements in technology and increased demand for 5G infrastructure [3][5].

Group 1 - The core viewpoint of the news highlights the strong performance of the AI sector in the stock market, particularly the significant gains in the ChiNext AI ETF and its constituent stocks [1][2] - As of August 27, 25 constituent stocks of the ChiNext AI Index have reported mid-year earnings, with 11 exceeding expectations, showcasing robust growth in the AI sector [1] - Notable performers include New Yisheng and Ruijie Networks, with net profit growth rates of over 355% and 194% respectively, contributing to the overall positive sentiment in the AI market [1] Group 2 - The State Council has issued a significant document to implement the "Artificial Intelligence +" initiative, focusing on AI applications in various sectors such as education, healthcare, and insurance services [2] - The initiative aims to accelerate the development of the domestic AI industry by setting quantifiable goals and addressing key components like models and computing power [2] - The ChiNext AI ETF has shown a year-to-date increase of over 60%, outperforming other similar AI indices, indicating strong market interest and investment in AI-related assets [2]

Group 1 - The stock price of Changxin Bochuang has reached a historical high, with 11 trading days in the past month where the stock price set new records [2] - As of 09:37, the stock is up 7.60%, priced at 144.90 yuan, with a trading volume of 6.3573 million shares and a transaction amount of 900 million yuan, resulting in a turnover rate of 2.36% [2] - The latest total market capitalization of the stock is 42.182 billion yuan, with a circulating market capitalization of 38.951 billion yuan [2] Group 2 - The communication industry, to which Changxin Bochuang belongs, has an overall increase of 2.15%, with 108 stocks rising and three stocks, including Sanwei Communication and Changfei Optical Fiber, hitting the daily limit [2] - There are 19 stocks in the industry that have declined, with the largest drop being *ST Gaohong, Hengbao Shares, and Data Port, with declines of 5.26%, 4.58%, and 3.50% respectively [2] Group 3 - The latest margin trading data shows that as of August 27, the margin balance for Changxin Bochuang is 934 million yuan, with a financing balance of 932 million yuan, reflecting an increase of 48.1542 million yuan over the past 10 days, a growth of 5.45% [2] - The company's Q1 report indicates that it achieved an operating income of 539 million yuan, a year-on-year increase of 72.13%, and a net profit of 89.702 million yuan, a year-on-year increase of 322,652.08% [2] - The basic earnings per share are 0.3100 yuan, with a weighted average return on equity of 5.34% [2]

证券代码：300548 证券简称：长芯博创 公告编号：2025-055 长芯博创科技股份有限公司 关于公司股价异动的公告 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，并且没有 虚假记载、误导性陈述或重大遗漏。 一、股票交易异常波动情况 长芯博创科技股份有限公司（以下简称"公司"）股票于 2025 年 8 月 25 日、8 月 26 日、8 月 27 日连续三个交易日收盘价格涨幅偏离值累计达到 30%以 上，根据深圳证券交易所（以下简称"深交所"）的有关规定，属于股票交易异 常波动的情况。 二、公司关注并核实相关情况 针对公司股票交易异常波动，公司董事会就相关事项进行了自查，并向公司 控股股东、实际控制人就相关问题进行了核实： 大影响的未公开重大信息。 项或处于筹划阶段的重大事项。 司股票的情形。 三、其他说明 公司董事会确认，除在指定媒体已公开披露的信息外，目前没有任何根据《深 圳证券交易所创业板股票上市规则》等有关规定应予以披露而未披露的事项或与 该事项有关的筹划、商谈、意向、协议等；董事会也未获悉公司有根据《深圳证 券交易所创业板股票上市规则》等有关规定应予以披露而未披露的、对公司股票 交易 ...

证券代码：300548 证券简称：长芯博创 公告编号：2025-055 长芯博创科技股份有限公司 关于公司股价异动的公告 5、公司控股股东、实际控制人在公司股票交易异常波动期间不存在买卖公 司股票的情形。 6、公司不存在违反公平信息披露规定的其他情形。 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，并且没有 虚假记载、误导性陈述或重大遗漏。 一、股票交易异常波动情况 长芯博创科技股份有限公司（以下简称"公司"）股票于 2025 年 8 月 25 日、8 月 26 日、8 月 27 日连续三个交易日收盘价格涨幅偏离值累计达到 30%以 上，根据深圳证券交易所（以下简称"深交所"）的有关规定，属于股票交易异 常波动的情况。 二、公司关注并核实相关情况 针对公司股票交易异常波动，公司董事会就相关事项进行了自查，并向公司 控股股东、实际控制人就相关问题进行了核实： 1、公司前期披露的信息不存在需要更正、补充之处。 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 3、公司近期经营情况正常，内外部经营环境未发生重大变化。 4、公司控股股东和实际控制人不存在关于公司 ...

Group 1 - On the institutional trading board, 32 stocks were listed, with 15 experiencing net buying and 17 net selling [1] - The top three stocks with the highest institutional buying were Chengfei Integration (186 million), Hongjing Technology (116 million), and GoerTek (100 million) [1] Group 2 - Changxin Bochuang saw a net buying of 426 million from seven institutions, with its self-developed AOC optical transceiver chips holding a leading global market share [3] - The company has completed multi-platform verification for its 800G multimode AOC, which is expected to lead to bulk supply for important clients [3] - The AEC product line has achieved multi-client sampling and small batch delivery, with a deep collaboration with Marvell to launch a 1.6T AEC product, potentially generating new revenue streams [3] Group 3 - The State Council released opinions on implementing "Artificial Intelligence +" actions, aiming for over 70% penetration of new intelligent terminals and intelligent agents by 2027, and over 90% by 2030 [4] - Northeast Securities highlighted that edge AI is driving the evolution of terminal devices from "single-function" to "scene intelligence," establishing a core technological foundation for the Internet of Everything era [4] - Edge AI enhances the real-time capability, privacy, and autonomy of intelligent terminal devices, transforming them from traditional data collection tools into intelligent agents capable of perception, decision-making, and execution [4]

Core Viewpoint - The article discusses the recent surge in AI-related stocks, particularly focusing on Changxin Bochuang, driven by favorable government policies and optimistic market expectations for domestic AI chip companies [3][4]. Group 1: Market Performance - On August 27, AI stocks experienced a significant rally, with the AI ETF leading gains, reflecting strong investor interest in the sector [3]. - Changxin Bochuang's stock price reached a high of 137.99 yuan, showcasing the volatility and potential regret among investors regarding early sell-offs [1][3]. Group 2: Policy Support - The State Council's recent release of the "Artificial Intelligence +" action plan is seen as a top-level design for AI development in China, emphasizing the strategic importance of AI as a new industry [3][4]. - This policy aims to provide comprehensive support for AI companies, from research and development to market application, thereby boosting investor confidence [3]. Group 3: Company Analysis - Cambrian - Cambrian's half-year report for 2025 showed a staggering revenue increase of 4,347.82% year-on-year, indicating successful large-scale commercialization of its core products [5]. - The company achieved a net profit of 1.038 billion yuan, marking a significant turnaround from previous losses, with cash flow per share increasing by 244.35% [5]. - Despite these positive indicators, Cambrian still has a negative retained earnings per share of -8.6895 yuan, highlighting the historical losses the company has faced [5]. Group 4: Risks and Challenges - The rapid rise in AI chip stock prices has led to high valuations, with Cambrian's dynamic P/E ratio reaching 280, suggesting potential overvaluation and risk of significant price corrections if growth expectations are not met [6]. - The AI chip sector faces intense international competition and rapid technological changes, with domestic companies still lagging behind in high-end chip design and manufacturing [6][7]. - The semiconductor industry is characterized by cyclical trends, and the current recovery's sustainability remains uncertain, compounded by geopolitical risks affecting the domestic chip industry [7].

当天机构净卖出前三的股票分别是万通发展、中电鑫龙、悦康药业，净流出金额分别是2.59亿元、2.39 亿元、2.20亿元。 | | 花原榜 08.27 | -12 | | --- | --- | --- | | 证券简称 | 目涨跌幅 | 机构净买入(万元) | | 长芯博创 | 12.49% | 40919.27 | | 中恒电气 | 4.77% | 20131.50 | | 步步高 | 9.96% | 11281.54 | | 金力永磁 | 6.63% | 11164.59 | | 御银股份 | -9.86% | 8106.93 | | 天融信 | 10.04% | 4216.30 | | 矢田微 | 20.00% | 4143.25 | | 上六十十 | UUUUUU | 10 6 1 | 盘后数据显示，8月27日龙虎榜中，共35只个股出现了机构的身影，17只股票呈现机构净买入，18只股 票呈现机构净卖出。 当天机构净买入前三的股票分别是长芯博创、中恒电气、步步高，净买入金额分别是4.09亿元、2.01亿 元、1.13亿元。 （文章来源：第一财经） | 川润股份 | -10.01% | -7861.33 ...