每经头条（nbdtoutiao）——"为了孩子吃上饭，自己只能靠喝水撑着"！美政府停摆危机逼近"临界 点"，4200万人吃饭成问题 每经AI快讯，富瀚微发布公告称，2025年10月30日，富瀚微接受创金合信基金等投资者调研，公司副 总经理、董事会秘书万建军、投资者关系总监吴斯文参与接待，并回答了投资者提出的问题。 （记者 曾健辉） ...

证券代码：300613 证券简称：富瀚微 上海富瀚微电子股份有限公司投资者关系活动记录表 编号：2025-004 A: 公司芯片大部分内嵌 DDR，客户因配套内存未到位而延迟采购芯片的情况不太存在， 目前多数客户基本处于积极备货状态。对于内嵌 DDR 涨价的影响，客户对成本上升导致 的价格提升较为接受和认可，公司 Q4 将对客户进行提价。 | 投资者关 | □特定对象调研 □分析师会议 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 系活动类 | □媒体采访 业绩说明会 | | | | | | | | | | 别 | □新闻发布会 □路演活动 | | | | | | | | | | | □现场参观 其他 | | | | | | | | | | 参与单位 | 尚诚资管 黄向前 张小郭 | 创金合信基金 | | | 平安基金 | 季清斌 | 中庚基金 | | 陆伟成 | | 名称及人 | 长江资管 汪中昊 | 金信基金 黄飙 | 光大证券 | | 孙啸 | 明汯投资 唐毅 | | 中邮证券 | ...

| 证券代码：300613 | 证券简称：富瀚微 | 公告编号：2025-084 | | --- | --- | --- | | 债券代码：123122 | 债券简称：富瀚转债 | | 上海富瀚微电子股份有限公司 关于部分股票期权注销完成的公告 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。 特别提示： 1、本次注销部分股票期权合计 241,994 份，占公司总股本 0.1%。 2、截至本公告日，公司已在中国证券登记结算有限责任公司深圳分公司办 理完成上述股票期权的注销手续。 上海富瀚微电子股份有限公司（以下简称"富瀚微"或"公司"）于 2025 年 10 月 30 日第五届董事会第五次会议审议通过了《关于注销部分股票期权的议 案》，鉴于： 综上，本次合计注销已获授但尚未行权的股票期权 241,994 份，本次注销部 分股票期权事项已取得股东大会的授权，无须提交股东会审议。注销具体情况如 下表所示： | | 年股票期权 2021 | 年股票期权 2022 | 年股票期权 2022 | | --- | --- | --- | --- | | | 预留授予（份） ...

Company and Industry Summary Company: 富瀚微 (Fuhang Micro) Key Industry Insights - Downstream customer inventory has significantly improved, with strong market demand and tight supply, reminiscent of 2021 [4] - The company plans to adjust product prices as customers are generally accepting of price increases to cope with upstream cost pressures [2][6] - Storage price increases are impacting gross margins, but wafer prices remain stable, and tight testing capacity may lead to localized price adjustments [2][7] - The automotive sector shows the highest gross margin, while home and IoT sectors have lower margins [2][8] Financial Performance - For Q3 2025, the company reported revenue of 452 million yuan, a year-on-year decrease of 9.82% but a quarter-on-quarter increase of 22.2% [3] - Net profit attributable to shareholders decreased by 26.74% year-on-year but increased by 604% quarter-on-quarter [3] Product and Market Developments - The company is focusing on AI and AIoT directions, planning to integrate AI capabilities into all SOC and SP products [5][23] - New product launches are planned in the AIoT space, including electronic dashboards and electronic photo albums, with a focus on high cost-performance [11][19] - The automotive sector is experiencing a trend towards smart driving and in-cabin video, increasing demand for external cameras and electronic rearview mirrors [14] Customer Dynamics - Most customers are currently in a "grab goods" state, showing high acceptance of price changes, which is expected to stabilize gross margins in Q4 and next year [9][10] - Different customer attitudes towards storage price increases vary by sector, with automotive being less affected due to lower KGD integration [10] Future Outlook - The company aims to achieve a revenue scale of 5 billion yuan within 3 to 5 years through fundraising in Hong Kong [5][23] - The security industry is expected to see stable growth driven by technology, with potential price increases based on supply chain conditions [25] - The company plans to launch three new chips in the NVR field and has a line of affordable AI products to cover cost-sensitive markets [26] Competitive Position - The company holds a leading position in the global market for intelligent visual processing chips, with projected revenue of 220 million USD and a market share of 21.3% in 2024 [18] Technological Advancements - The development of 6nm process high-performance chips is underway, aimed at real-time operation of large models for applications like real-time image recognition [21] - The company has significant technological advantages in dynamic SP cameras, particularly in electronic stabilization technology [22] Strategic Expansion - The company is gradually expanding its overseas presence, initially targeting Southeast Asia before moving to Europe and the Americas [20] Conclusion - The company is well-positioned in the AI and AIoT sectors, with a strong focus on innovation and customer collaboration to navigate cost pressures and market demands. The outlook remains positive with strategic plans for growth and product development.

Core Viewpoint - 富瀚微 is a leading digital signal processing chip supplier in China, with a strong technical foundation and diverse product lines, but its financial performance lags behind industry leaders in terms of revenue and net profit [1][2]. Financial Performance - In Q3 2025, 富瀚微 reported revenue of 1.141 billion yuan, ranking 25th out of 48 in the industry, significantly lower than the top competitor, 豪威集团, which had revenue of 21.783 billion yuan [2]. - The company's net profit for the same period was 48.1935 million yuan, placing it 30th in the industry, far behind 豪威集团's 3.199 billion yuan and 海光信息's 2.841 billion yuan [2]. Profitability and Debt Ratios - As of Q3 2025, 富瀚微's asset-liability ratio was 24.76%, slightly above the industry average of 24.46%, indicating stable debt repayment capability [3]. - The gross profit margin for the same period was 36.03%, which is lower than the previous year's 37.86% and below the industry average of 36.52%, suggesting a decline in profitability [3]. Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 3.45% to 40,900, while the average number of circulating A-shares held per shareholder decreased by 3.27% to 5,362.27 shares [5]. - Among the top ten circulating shareholders, 香港中央结算有限公司 held 2.2046 million shares, a decrease of 87,000 shares compared to the previous period [5]. Executive Compensation - The chairman and general manager, 杨小奇, received a salary of 751,000 yuan in 2024, a slight increase from 749,900 yuan in 2023 [4].

Core Insights - The company reported a decline in revenue and net profit for Q3 2025, with revenue at 452.5 million yuan, down 9.82% year-on-year, and net profit attributable to shareholders at 59 million yuan, down 26.74% [2][3] - For the first nine months of 2025, total revenue was 1.14 billion yuan, a decrease of 12.42%, and net profit attributable to shareholders was 82 million yuan, down 55.82% [2][3] - Despite the decline in revenue and profit, the company's operating cash flow showed significant improvement, with a net cash flow from operating activities of 414 million yuan, up 59.81% year-on-year [2][3] Financial Performance - Q3 2025 basic earnings per share (EPS) was 0.26 yuan, a decrease of 25.71% compared to the previous year [2][3] - The weighted average return on equity (ROE) for the first nine months was 2.92%, down 4.13 percentage points year-on-year [2][3] - Total assets as of September 30, 2025, were 4.02 billion yuan, an increase of 3.53% from the end of the previous year [4] - Shareholders' equity was 2.84 billion yuan, up 3.11% from the end of the previous year, indicating a stable financial structure [4]

Group 1 - The company Fuhang Microelectronics (SZ 300613) reported a revenue of approximately 1.141 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 12.42% [1] - The net profit attributable to shareholders of the listed company was approximately 82.03 million yuan, showing a year-on-year decline of 55.82% [1] - The basic earnings per share were 0.36 yuan, which is a decrease of 55.56% compared to the previous year [1]

| 证券代码：300613 | 证券简称：富瀚微 | 公告编号：2025-079 | | --- | --- | --- | | 债券代码：123122 | 债券简称：富瀚转债 | | 上海富瀚微电子股份有限公司 第五届董事会第五次会议决议公告 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 经审议，董事会认为：《2025 年第三季度报告》编制程序符合法律、行政 法规及中国证监会的有关规定，真实反映了本报告期公司的经营情况，所记载事 项不存在虚假记载、误导性陈述或重大遗漏，所披露的信息真实、准确、完整。 本议案已经公司董事会审计委员会审议通过。 表决结果：同意 9 票；反对 0 票；弃权 0 票。 公司《2025 年第三季度报告》具体内容详见巨潮资讯网（www.cninfo.com.cn）。 2、审议通过《关于注销部分股票期权的议案》 鉴于部分激励对象离职、激励对象在规定的行权期内未行权、公司层面行权 条件未完全成就、激励对象个人绩效考评未达到 100%，合计注销部分股票期权 241,994 份。本次注销事项在股东大会对董事会的授权范围 ...

| 证券代码：300613 | 证券简称：富瀚微 | 公告编号：2025-082 | | --- | --- | --- | | 债券代码：123122 | 债券简称：富瀚转债 | | 上海富瀚微电子股份有限公司 关于股票期权激励计划符合行权条件的公告 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。 公司 2022 年股票期权激励计划预留授予符合行权条件的激励对象 3 名，可行 权的股票期权数量为 2,190 份，行权价格为 64.80 元/份。 2、本次可行权的股票期权数量合计 161,696 份，占目前总股本的 0.07%； 3、本次股票期权行权采用自主行权模式，且需公司在深圳证券交易所及中国 证券登记结算有限责任公司办理完成相关手续后方可实际行权，届时公司将发布 提示性公告，敬请投资者注意。 上海富瀚微电子股份有限公司（以下简称"公司"）2025 年 10 月 29 日召开第 五届董事会第五次会议审议通过了《关于股票期权激励计划符合行权条件的议案》， 现将有关具体情况公告如下： 一、 已履行的相关审批程序 特别提示： 1、公司 2021 年股票期权激励计 ...