Core Viewpoint - Shengbang Co., Ltd. has shown a significant stock price increase of 32.87% year-to-date, despite a recent decline of 4.62% over the past five trading days, indicating volatility in its stock performance [1][2]. Financial Performance - For the first half of 2025, Shengbang Co., Ltd. achieved a revenue of 1.819 billion yuan, representing a year-on-year growth of 15.37%, and a net profit attributable to shareholders of 201 million yuan, up 12.42% year-on-year [2]. - The company has distributed a total of 557 million yuan in dividends since its A-share listing, with 250 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 31.13% to 48,400, with an average of 12,245 shares held per shareholder, a slight decrease of 0.51% [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 34.8541 million shares, an increase of 19.5978 million shares from the previous period [3]. Stock Market Activity - On September 22, 2023, Shengbang Co., Ltd. saw a stock price of 83.38 yuan per share, with a trading volume of 1.661 billion yuan and a turnover rate of 3.43% [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent net purchase of 52.6772 million yuan on September 15, 2023 [1].

Core Viewpoint - The article highlights China's initiation of an anti-dumping investigation into imported analog chips from the U.S., marking a significant escalation in the ongoing semiconductor trade tensions between the two countries. This investigation focuses on specific analog chip categories, indicating that the chip conflict is expanding beyond high-end GPUs and advanced process logic chips to include analog chips as well [2][3][20]. Group 1: Investigation Details - The Ministry of Commerce announced the investigation on September 13, 2025, based on a request from the Jiangsu Semiconductor Industry Association, targeting analog chips from four major U.S. companies: Broadcom, Texas Instruments (TI), Onsemi, and Analog Devices (ADI) [2][3]. - The investigation will cover the period from January 1, 2024, to December 31, 2024, with a damage investigation period from January 1, 2022, to December 31, 2024, and is expected to conclude by September 13, 2026, unless extended [7]. Group 2: Market Context - The global analog chip market is projected to reach $79.433 billion in 2024, with China accounting for approximately $28 billion (around 200 billion RMB), representing nearly one-third of the global market [3]. - The share of the investigated products in China's total imports of similar products has been increasing, with proportions of 47.81%, 53.06%, and 62.14% from 2022 to 2024, indicating a growing reliance on these imports [4]. Group 3: Price Trends and Impact - The average price of the investigated products has been declining significantly, from 3.36 RMB per unit in 2022 to 1.62 RMB per unit in 2024, a cumulative decrease of 51.77% [5]. - Domestic analog chip manufacturers have been forced to lower their prices in response, with their weighted average prices dropping by 27.38% from 2022 to 2024 [5][6]. Group 4: Financial Health of Domestic Manufacturers - Domestic manufacturers are experiencing financial strain, with pre-tax profits declining and some companies entering a state of severe losses, which increased by 7.05% in 2024 compared to 2023 [6]. - The labor productivity has decreased by 27.41%, and the inventory levels have risen by 21.39% from 2022 to 2024, indicating operational challenges [6]. Group 5: Reactions from U.S. Companies - Following the announcement of the investigation, stock prices of major U.S. analog chip companies fell, with TI down 3.1%, Onsemi down 2%, and ADI down 3% on September 15 [8][10]. - TI, being a major player in the analog chip market, is particularly vulnerable as approximately 20% of its revenue comes from customers based in China, which could face increased costs if trade measures are implemented [10]. Group 6: Opportunities for Domestic Firms - The anti-dumping investigation presents a unique opportunity for domestic analog chip manufacturers to capture market share, especially in the context of growing demand in sectors like electric vehicles and industrial control [12][14]. - Companies like 圣邦股份 (Sankang Micro), 纳芯微 (Naxin Micro), and 思瑞浦 (Sirius) have shown significant revenue growth and are well-positioned to benefit from potential shifts in the market dynamics [16][17][18].

Core Viewpoint - The Chinese Ministry of Commerce has initiated an anti-dumping investigation against imported analog chips from the United States, which has led to a surge in stock prices for domestic analog chip companies [2][3][4]. Group 1: Anti-Dumping Investigation Details - The investigation targets analog chips using 40nm and above process technology, specifically general interface chips and gate driver chips from major US companies including Texas Instruments, Analog Devices, Broadcom, and ON Semiconductor [2][4]. - The application for the investigation was submitted by the Jiangsu Semiconductor Industry Association, citing a 37% increase in import volume and a 52% decrease in import prices from 2022 to 2024, which harmed domestic sales [3][4]. - The investigation period for dumping is set from January 1, 2024, to December 31, 2024, while the period for assessing industry damage is from January 1, 2022, to December 31, 2024 [4]. Group 2: Market Impact and Reactions - Following the announcement, domestic analog chip stocks saw significant gains, with leading companies like Shengbang Co. and Shanghai Beiling hitting their daily price limits [3][4]. - Market observers note that the investigation reflects both the impact of dumping on domestic industries and the growing supply capabilities of local companies [3][4]. - The anti-dumping measures are expected to create a fairer market environment for domestic chips and may accelerate the replacement of imported products [6][7]. Group 3: Industry Context and Trends - China is the largest market for analog chips, with a market size exceeding $28 billion, accounting for about one-third of the global market [5]. - The analog chip sector has been experiencing a price war due to low-priced imports, which has pressured domestic manufacturers [5][6]. - The domestic analog chip industry has seen significant growth, with many companies reporting substantial increases in revenue and profit margins in recent quarters [9][10]. Group 4: Future Outlook - If the investigation confirms substantial dumping, high anti-dumping duties may be imposed on US imports, potentially benefiting domestic manufacturers [7][8]. - The domestic analog chip market is expected to continue evolving, with companies focusing on expanding product lines and improving performance to compete effectively [10][11].

Core Viewpoint - Shengbang Co., Ltd. announced the election of Ms. Liu Ming as the employee representative director of the fifth board of directors during the employee representative assembly scheduled for September 19, 2025 [1] Company Summary - Shengbang Co., Ltd. will hold an employee representative assembly on September 19, 2025 [1] - Ms. Liu Ming has been elected to serve as the employee representative director on the company's board [1]

Group 1 - The company, Shengbang Co., Ltd. (SZ 300661), held a temporary board meeting on September 19, 2025, to review documents including a proposal to waive the advance notice for board meetings [1] - For the first half of 2025, the company's revenue composition was entirely from the integrated circuit industry, accounting for 100.0% [1] - As of the report date, Shengbang Co., Ltd. had a market capitalization of 50.5 billion yuan [1]

北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：（86-10） 8519-1300 传真：（86-10） 8519-1350 junhebj@junhe.com 北京市君合律师事务所 关于 圣邦微电子（北京）股份有限公司 注销部分股票期权相关事项 法律意见书 二零二五年九月 关于圣邦微电子（北京）股份有限公司 注销部分股票期权相关事项法律意见书 致：圣邦微电子（北京）股份有限公司 北京市君合律师事务所（以下简称"本所"）为具有从事法律业务资格的律 师事务所。本所受圣邦微电子（北京）股份有限公司（以下简称"圣邦股份"或 "公司"）委托，担任公司 2023 年股票期权激励计划（以下简称"2023 年激 励计划"）的特聘法律顾问，依据《中华人民共和国公司法》（以下简称《公司 法》）、《中华人民共和国证券法》（以下简称《证券法》）、《上市公司股权 激励管理办法》（以下简称《管理办法》）、《深圳证券交易所创业板股票上市 规则》《深圳证券交易所创业板上市公司自律监管指南第 1 号——业务办理》及 中华人民共和国（包括香港特别行政区、澳门特别行政区和台湾省，仅为本法律 意见书之目的，特指中国大陆地区 ...

证券代码：300661 证券简称：圣邦股份 公告编号：2025-096 圣邦微电子（北京）股份有限公司 关于注销部分股票期权的公告 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。 圣邦微电子（北京）股份有限公司（以下简称"公司"）于 2025 年 9 月 19 日召开第五届董事会第十二次会议审议并通过了《关于注销部分股票期权的议 案》，现将有关事项说明如下： 一、股权激励计划已履行的审批程序 1、2023 年 8 月 28 日，公司召开第四届董事会第十五次会议、第四届监事 会第十四次会议审议通过了《关于<圣邦微电子（北京）股份有限公司 2023 年股 票期权激励计划（草案）>及其摘要的议案》等相关议案。公司独立董事发表了 同意的独立意见。 2、2023 年 8 月 29 日至 2023 年 9 月 7 日，公司对本激励计划拟首次授予激 励对象的姓名和职务在公司内部进行了公示。在公示期限内，公司监事会未收到 任何异议。2023 年 9 月 8 日，公司监事会发表了《监事会关于 2023 年股票期权 激励计划首次授予激励对象名单的审核意见及公示情况说明》。 5、2 ...

北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：(86-10) 85191300 传真：(86-10) 85191350 junhebj@junhe.com 北京市君合律师事务所 关于圣邦微电子（北京）股份有限公司 2025 年第三次临时股东大会的法律意见书 致：圣邦微电子（北京）股份有限公司 北京市君合律师事务所（以下简称"本所"）受圣邦微电子（北京）股份有 限公司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下简称 《公司法》）、《上市公司股东会规则》（以下简称《股东会规则》）等法律、法规、 规章及《圣邦微电子（北京）股份有限公司章程》（以下简称《公司章程》）的有 关规定，就公司 2025 年第三次临时股东大会（以下简称"本次股东大会"）有关 事宜出具本法律意见书。 本法律意见书仅就本次股东大会的召集和召开程序、出席本次股东大会人员 的资格、召集人资格、会议表决程序是否符合中国有关法律、法规及《公司章程》 的规定以及表决结果是否合法有效发表意见，并不对本次股东大会所审议的议案 内容以及该等议案所表述的相关事实或数据的真实性、准确性或合法性发表意见。 本所及本所律师依据 ...

1、本次股东大会不存在否决议案的情形； 2、本次股东大会不涉及变更以往股东大会已通过的决议； 3、为保护中小投资者利益，提高中小投资者对公司股东大会决议事项的 参与度，本次股东大会就中小投资者对有关议案的表决进行单独计票。中小投 资者（即中小股东）是指除上市公司董事、监事、高级管理人员以及单独或者 合计持有公司 5%以上股份的股东以外的其他股东。 一、会议召开和出席情况 (一)会议召开情况 证券代码：300661 证券简称：圣邦股份 公告编号：2025-093 圣邦微电子（北京）股份有限公司 2025 年第三次临时股东大会决议公告 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。 特别提示： 1、会议召集人：公司董事会 2、会议召开时间： （1）现场会议时间：2025 年 9 月 19 日（星期五）14:00。 （2）网络投票时间：2025 年 9 月 19 日；其中，通过深圳证券交易所交易 系统进行网络投票的时间为：2025 年 9 月 19 日 9:15-9:25、9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票系统进行投票的具 ...

圣邦微电子（北京）股份有限公司 第五届董事会第十二次会议决议的公告 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。 一、董事会会议召开情况 证券代码：300661 证券简称：圣邦股份 公告编号：2025-095 （二）审议通过《关于注销部分股票期权的议案》 与会董事认为：鉴于公司《2023 年股票期权激励计划》首次授予部分第一 个行权期已于 2025 年 9 月 12 日届满，根据公司《2023 年股票期权激励计划》 的规定，公司董事会同意注销首次授予部分第一个行权期已到期但未行权的 6,836 份股票期权。 圣邦微电子（北京）股份有限公司（以下简称"公司"）第五届董事会第十 二次会议于 2025 年 9 月 16 日以通讯形式发出通知，于 2025 年 9 月 19 日 17:00 在公司会议室以现场结合通讯方式召开。会议召集人按照《圣邦微电子（北京） 股份有限公司章程》（以下简称《公司章程》）的规定对本次临时召开会议向各 位参会董事进行说明，全体董事一致同意豁免本次董事会提前通知期限。 本次会议由董事长张世龙先生召集并主持，应参会董事 6 人，实际参会董事 ...