Core Points - The stock price of Fuhang Micro (300613) closed at 52.0 yuan on August 14, 2025, down 3.18% with a turnover rate of 5.58% and a trading volume of 122,300 hands, amounting to 657 million yuan [1] - The company reported a total operating revenue of 318 million yuan for Q1 2025, a year-on-year decrease of 11.00%, and a net profit attributable to shareholders of 14.64 million yuan, down 59.46% year-on-year [1] - Fuhang Micro has a current ratio of 10.567, a quick ratio of 8.803, and a debt-to-asset ratio of 22.40% [1] Financial Flow - On the day of reporting, the net outflow of main funds was 33.97 million yuan, accounting for 5.17% of the transaction amount [1] - Large orders saw a net outflow of 42.39 million yuan, representing 6.45% of the transaction amount, while small orders had a net inflow of 36.26 million yuan, accounting for 5.52% [1] Company Background - Fuhang Micro Electronics Co., Ltd. was established in 2004 and is located in Shanghai, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has invested in 9 enterprises, participated in 2 bidding projects, and holds 206 patents along with 1 trademark [2]

（文章来源：每日经济新闻） 每经AI快讯，8月8日，汽车芯片指数午后跌幅扩大至2.01%，成分股普跌，东芯股份跌5.52%、纳芯微 跌3.72%、富瀚微跌3.64%。 ...

8月7日，A股三大指数走势分化，沪指四连阳，盘中最高上探3645.12点，续刷阶段新高，创业板指、深 证成指收跌，两市成交额1.83万亿元，环比放量。 | 序号 代码 名称 | 两日图 现价 涨跌 涨跌幅 ▼ | | --- | --- | | 1 159876 有色龙头ETF > ~~~ 0.664 0.010 1.53% | | | 2 159707 地产ETF | -0.640 0.008 1.27% | | 3 515260 电子ETF | 0.975 0.006 0.62% | | 4 512800 银行ETF | brund 0.874 0.004 0.46% | | 5 512170 医疗ETF | 2. Am 0.369 0.001 0.27% | 盘面热点杂乱，全球贸易波动加剧，特朗普表示美国将对芯片和半导体征收约100%的关税，半导体、 消费电子联袂走强，电子ETF（515260）场内价格一度上涨1.8%。 地产午后拉升，代表A股龙头地产行情的地产ETF（159707）场内收涨逾1%。上海宣布明年将启动城中 村整体改造项目，2027年全面完成小梁薄板房屋改造，继续开展老旧小区改造。 银行延 ...

| 601298 | 青岛港 | 1.82 | 0.31 | 8.86 | 8.95 | 1.01 | | --- | --- | --- | --- | --- | --- | --- | | 300782 | 卓胜微 | 2.88 | 3.82 | 77.15 | 77.90 | 0.98 | | 600368 | 五洲交 | 1.39 | 2.44 | 4.35 | 4.39 | 0.91 | | | 通 | | | | | | | 872808 | 曙光数 | 1.02 | 2.07 | 61.05 | 61.60 | 0.90 | | | 创 | | | | | | | 600797 | 浙大网 | 2.21 | 12.71 | 10.09 | 10.18 | 0.86 | | | 新 | | | | | | | 603931 | 格林达 | 1.26 | 2.57 | 27.21 | 27.42 | 0.78 | | 002584 | 西陇科 | 0.78 | 5.68 | 9.04 | 9.10 | 0.71 | | | 学 | | | | | | | 688593 | 新相微 | 1.50 | ...

格隆汇8月7日｜半导体板块午后继续走强，其中，东芯股份、阿石创20CM涨停，晶华微（维权）、富 满微此前20CM涨停，斯达半导、盈方微此前10CM涨停，芯导科技、国科微、神工股份、台基股份、 富瀚微、南芯科技、赛微微电、安凯微等跟涨。 ...

Core Viewpoint - The announcement details the interest payment for the "Fuhan Convertible Bonds" due on August 6, 2025, with a specified interest rate and payment conditions [1][3]. Group 1: Interest Payment Details - The "Fuhan Convertible Bonds" will pay an interest of RMB 15 for every 10 bonds (face value of RMB 1,000 each) on August 6, 2025 [1]. - The interest payment period is from August 6, 2024, to August 5, 2025, with an annual coupon rate of 1.5% [3][4]. - The interest income tax will be withheld at a rate of 20% by the payment agency, but the company will not withhold this tax [3][4]. Group 2: Payment Process - The interest payment will be made to all registered holders of the "Fuhan Convertible Bonds" as of the close of trading on August 5, 2025 [4]. - The company will entrust China Securities Depository and Clearing Corporation Limited to handle the interest payment process [4]. - The payment will be made through the designated bank account of the clearing company, which will then distribute the funds to the respective payment points [4]. Group 3: Taxation Information - Individual bondholders are responsible for paying the personal income tax on the interest income, which is set at 20% [5]. - Foreign institutional investors are exempt from corporate income tax and value-added tax on the interest income from these bonds until December 31, 2025 [5].

| 证券代码：300613 | 证券简称：富瀚微 | 公告编号：2025-048 | | --- | --- | --- | | 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 关于富瀚转债 2025 年付息的公告 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、"富瀚转债"将于 2025 年 8 月 6 日按面值支付第四年利息，每 10 张"富 瀚转债"（面值 1,000.00 元）利息为人民币 15 元（含税）。 2、债权登记日：2025 年 8 月 5 日 3、除息日：2025 年 8 月 6 日 4、付息日：2025 年 8 月 6 日 5、本次付息期间及票面利率：计息期间为 2024 年 8 月 6 日至 2025 年 8 月 5 日，票面利率为 1.5% 6、本次付息的债权登记日为 2025 年 8 月 5 日，截至 2025 年 8 月 5 日下午 深圳证券交易所收市后，在中国证券登记结算有限责任公司深圳分公司登记在册 的"富瀚转债"持有人享有本次派发的利息。在付息债权登记日前（包括付息债权 登 ...

Core Viewpoint - The 12nm process node, previously considered mature, is now gaining attention in the semiconductor industry due to its balance of performance, power consumption, and cost, making it a strategic choice for various applications, especially in edge AI and IoT devices [1][3][23] Group 1: Expansion of 12nm Applications - Numerous domestic and international companies are adopting 12nm technology across various sectors, including wearable devices, servers, smartphones, AI, and automotive applications [5][11] - Notable products include Unisoc's W527 platform for wearables, Loongson's 3C6000 server CPU, and various chips for AR/VR and industrial IoT [6][10][11] Group 2: Drivers Behind the Resurgence of 12nm - The shift towards edge computing and AI applications is driving demand for cost-effective solutions that 12nm can provide, as it strikes a balance between performance and cost [12][13] - Geopolitical factors are prompting companies to reassess their manufacturing processes, with 12nm being a safer choice that supports mainstream applications without being at the cutting edge [13][14] - The compatibility of 12nm with advanced packaging technologies allows for efficient system-level integration, making it attractive for modern chip designs [13][14] Group 3: Foundry Focus on 12nm - Major foundries like TSMC, UMC, and Intel are increasingly focusing on 12nm, with TSMC's 12nm FinFET Compact technology being a key offering [16][17] - UMC and Intel's collaboration on 12nm aims to address the growing demand in mobile communications and network infrastructure, highlighting the strategic importance of this node [18][19] - The partnership allows both companies to leverage their strengths, with Intel focusing on manufacturing and UMC on process development, catering to market needs while navigating geopolitical challenges [20][21][22] Group 4: Future Outlook for 12nm - The 12nm node is expected to play a crucial role in the evolution of edge AI, IoT, and automotive electronics, serving as a bridge between chip design and system solutions [23] - As advanced packaging and system-level optimizations continue to develop, 12nm may become increasingly central to the semiconductor ecosystem, supporting a wide range of applications [23]

Core Viewpoint - Recent shareholder reductions in holdings at Fuhang Microelectronics (富瀚微) indicate a trend of significant divestment, raising concerns about the company's financial health and future performance [1][2][3] Shareholder Actions - Fuhang Microelectronics' major shareholder, Jiezhi Holdings, plans to reduce its stake from 4.93% to a maximum of 3%, indicating a potential exit strategy [1][4] - Jiezhi Holdings previously held 22.42% of the company, making it the largest shareholder, and has since cashed out approximately 1.7 billion yuan through various transactions [2][12] - Another shareholder, Shanghai Langhan Enterprise Management, recently completed a reduction, cashing out approximately 177 million yuan [3][13] Financial Performance - Fuhang Microelectronics has faced declining financial performance, with net profit dropping from 398 million yuan in 2022 to around 250 million yuan in 2023 and 2024, and a significant decline to 14.64 million yuan in Q1 2025 [3][17] - The company's revenue has also decreased, with 2023 and 2024 revenues reported at 1.82 billion yuan and 1.79 billion yuan, respectively, marking a decline of 13.65% and 1.76% [17] - Since its IPO in 2017, the company has raised approximately 1.2 billion yuan while distributing only about 180 million yuan in dividends, reflecting a low average dividend payout ratio of around 10.31% [17] Business Dependency - Fuhang Microelectronics heavily relies on Hikvision, which accounts for over 60% of its revenue, raising concerns about customer concentration risk [16][17] - In 2024, sales to Hikvision were projected to be 620 million yuan, representing 66.69% of total revenue [16]

Group 1 - Sannuo Group expects a net loss of 100 million to 120 million yuan for the first half of 2025, a significant decline from a profit of 7.4 million yuan in the same period last year [1] - The company anticipates a net loss of 77 million to 95 million yuan after excluding non-recurring gains and losses [1] - Basic earnings per share are projected to be a loss of 0.2148 to 0.2578 yuan per share [1] Group 2 - Landai Technology is planning to transfer 18% of its shares, which may lead to a change in control [2] - The stock of Landai Technology has been suspended from trading since July 8, 2025, with an expected suspension period of no more than two trading days [2] Group 3 - Xinxin Co. announced that a senior executive plans to reduce their holdings by up to 750,000 shares, representing no more than 0.2971% of the total share capital [3] - The reason for the reduction is personal financial needs [3] Group 4 - Biyimi plans to reduce its shares by a total of up to 3% by two shareholders, with one shareholder planning to reduce up to 139.68 million shares (2.00%) and the other up to 69.84 million shares (1.00%) [4] - The reason for the reduction is also personal financial needs [4] Group 5 - Changxin Bochuang announced that shareholders plan to reduce their holdings by up to 2.95%, totaling 8.6 million shares [6] - The reason for the reduction is personal financial needs [6] Group 6 - Tianci Materials plans to publicly issue H-shares and apply for listing on the Hong Kong Stock Exchange [9] Group 7 - Sanxiang Impression announced the termination of a previous equity transfer agreement, following a request from its controlling shareholder [10] Group 8 - Zhongke Technology has decided to terminate its plan to issue shares for asset acquisition and related fundraising due to changes in market conditions [12] Group 9 - Hangcha Group's subsidiary plans to acquire 99.23% of Guozu Robot's shares through capital increase [14] Group 10 - Xishan Technology plans to increase its holdings in the company by no less than 5 million and no more than 10 million yuan [19] Group 11 - New Hope reported sales of 1.33 million pigs in June, a year-on-year increase of 3.38% [21] - The sales revenue was 1.871 billion yuan, a year-on-year decrease of 19.14% [21] Group 12 - Auhua Endoscope announced that two shareholders plan to reduce their holdings by up to 1.92% [18] Group 13 - Star Source Material has submitted an application for H-share issuance and listing [18] Group 14 - Yilian Technology plans to invest 20 million yuan to establish a partnership with professional institutions [30]