Core Viewpoint - Shengbang Co., Ltd. reported a revenue of 2.801 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 14.55% [1] - The net profit attributable to shareholders reached 343 million yuan, marking a year-on-year increase of 20.47% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 231 million yuan, showing a year-on-year decrease of 7.06% [1] - The basic earnings per share stood at 0.5564 yuan [1] Financial Performance - Revenue for the first three quarters: 2.801 billion yuan, up 14.55% year-on-year [1] - Net profit attributable to shareholders: 343 million yuan, up 20.47% year-on-year [1] - Net profit after deducting non-recurring gains and losses: 231 million yuan, down 7.06% year-on-year [1] - Basic earnings per share: 0.5564 yuan [1]

证券代码：300661 证券简称：圣邦股份 公告编号：2025-103 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：公司 2025 年第三季度报告已于 2025 年 10 月 25 日在中国证券监 督管理委员会指定的信息披露网站上披露，敬请投资者注意查阅。 圣邦微电子（北京）股份有限公司（以下简称"公司"）于 2025 年 10 月 24 日召开第五届董事会第十三次会议，审议通过了《关于 2025 年第三季度报告 的议案》。为使投资者全面了解公司的经营成果、财务状况，公司《2025 年第 三季度报告》于 2025 年 10 月 25 日在中国证券监督管理委员会指定的信息披露 网站巨潮资讯网（http://www.cninfo.com.cn/new/index）上披露，敬请投资者注意 查阅。 特此公告。 圣邦微电子（北京）股份有限公司董事会 2025 年 10 月 24 日 圣邦微电子（北京）股份有限公司 2025 年第三季度报告披露提示性公告 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥981,827,812.09, representing a 13.06% increase year-over-year[5] - Net profit attributable to shareholders was ¥142,395,404.78, up 34.02% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥96,650,656.35, reflecting a 6.80% increase year-over-year[5] - Total operating revenue for the current period reached ¥2,800,608,107.32, an increase of 14.5% compared to ¥2,444,835,135.79 in the previous period[21] - Net profit attributable to shareholders of the parent company was ¥343,234,554.07, compared to ¥284,901,627.51 in the previous period, reflecting a growth of 20.4%[22] - The company reported a comprehensive income total of ¥327,781,082.55, compared to ¥273,409,096.79 in the previous period, an increase of 20.0%[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,363,021,148.84, a 10.26% increase from the end of the previous year[5] - Total assets reached ¥6,363,021,148.84, up from ¥5,771,119,556.50, indicating a growth of 10.2%[20] - Total liabilities increased to ¥1,425,720,600.65, compared to ¥1,171,860,447.49 in the previous period, marking a rise of 21.6%[20] - The company's equity attributable to shareholders increased to ¥4,905,333,629.89, marking a 6.42% rise compared to the previous year[5] - The company's equity attributable to shareholders rose to ¥4,905,333,629.89, up from ¥4,609,226,482.20, reflecting an increase of 6.4%[20] Cash Flow - Cash flow from operating activities for the year-to-date was ¥305,983,427.75, down 24.45% from the previous year[5] - Operating cash flow for the current period was ¥305,983,427.74, a decrease of 24.4% compared to ¥404,981,748.95 in the previous period[24] - The company reported a net increase in cash and cash equivalents of ¥711,135,897.86, contrasting with a decrease of -¥452,095,441.80 in the previous period[25] - Cash and cash equivalents at the end of the period totaled ¥1,524,330,324.99, up from ¥850,911,842.43 at the end of the previous period, indicating an increase of 79.0%[25] - Cash inflow from financing activities amounted to ¥221,512,098.04, compared to ¥171,251,395.24 in the previous period, reflecting a growth of 29.3%[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 110,773[12] - The largest shareholder, Chongqing Hongshun Xiangtai Enterprise Management Co., Ltd., holds 18.99% of shares, totaling 117,449,624 shares[12] - The top ten shareholders collectively hold a significant portion of the company's equity, with the top three shareholders alone accounting for over 32%[12] - The total number of restricted shares at the end of the period is 25,296,278, with 5,837,602 shares released during the period[15] Operational Changes - The company plans to issue H shares and list on the Hong Kong Stock Exchange, with the application submitted on September 28, 2025[17] - The company has a pending court case involving a contract dispute, with RMB 44 million in bank deposits frozen as a result[17] - The company has revised its governance structure, eliminating the supervisory board and transferring its functions to the audit committee of the board[17] Research and Development - Research and development expenses increased to ¥809,604,790.34, a rise of 24.8% from ¥648,769,567.82 year-over-year[21] Inventory and Goodwill - Inventory increased to approximately RMB 1.36 billion from RMB 1.16 billion, indicating a growth of about 17.5%[18] - The goodwill increased by 282.86% to ¥301,276,849.48 due to mergers not under common control[9] Other Financial Metrics - The basic earnings per share for the reporting period was ¥0.2304, a 33.03% increase year-over-year[5] - Basic earnings per share improved to ¥0.5564 from ¥0.4657, representing a growth of 19.5%[23] - Total cash inflow from investment activities reached ¥3,188,066,350.04, significantly up from ¥1,626,976,148.84 in the previous period, marking a 96.1% increase[25] - Net cash flow from investment activities was ¥367,833,025.11, recovering from a negative cash flow of -¥960,500,434.45 in the previous period[25] - The company paid cash for the purchase of fixed assets totaling ¥170,098,509.60, slightly up from ¥151,476,560.57 in the previous period[25] - The company’s cash outflow for financing activities was ¥177,765,889.83, an increase from ¥64,304,474.47 in the previous period[25]

Core Viewpoint - The stock of Shengbang Co., Ltd. has experienced fluctuations, with a recent decline of 2.04% and a year-to-date increase of 15.31%, indicating volatility in its market 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]. Stock Market Activity - As of October 22, the stock price was 72.36 yuan per share, with a market capitalization of 44.719 billion yuan. The trading volume was 2.37 billion yuan, with a turnover rate of 0.55% [1]. - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent net purchase of 52.677 million yuan on September 15 [1]. Shareholder Structure - 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][3]. - Major shareholders include Hong Kong Central Clearing Limited and several mutual funds, with notable increases in holdings among these institutional investors [3].

Core Viewpoint - The controlling shareholder's action person, Lin Lin, plans to reduce his shareholding in Shengbang Co., Ltd. through block trading and centralized bidding, with a maximum reduction of 7,887,125 shares, accounting for 1.28% of the total share capital [1][2]. Shareholding Reduction Plan - Lin Lin currently holds 31,548,497 shares, representing 5.10% of the total share capital [1]. - The reduction period is set from November 10, 2025, to February 9, 2026, which is 15 trading days after the announcement [1]. - The estimated amount from the reduction, based on the closing price of 74.48 yuan per share, is up to 587 million yuan [2]. Background Information - The controlling shareholder of Shengbang Co., Ltd. is Hongshun Xiangtai, with Zhang Shilong as the actual controller [2]. - Lin Lin has previously reduced his holdings, having initially held 13,786,000 shares (8.81% of total shares) and has cumulatively reduced 8,868,300 shares, realizing approximately 1.573 billion yuan [2].

Core Viewpoint - Shengbang Microelectronics has experienced a decline in stock price recently, with significant trading activity and changes in shareholder composition, indicating potential volatility and investor interest in the semiconductor sector [1][2][3]. Financial Performance - As of June 30, 2025, Shengbang Microelectronics reported 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]. Stock Market Activity - On October 20, 2023, Shengbang's stock price fell by 2.08% to 72.93 yuan per share, with a trading volume of 1.154 billion yuan and a turnover rate of 2.62%, leading to a total market capitalization of 45.072 billion yuan [1]. - The stock has increased by 16.22% year-to-date but has seen a decline of 14.68% over the past five trading days [1]. Shareholder Composition - 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]. - Major shareholders include Hong Kong Central Clearing Limited and several mutual funds, with notable increases in holdings among these institutional investors [3].

Shareholder Reductions - Shentong Technology's director Lin Lin plans to reduce holdings by no more than 1.28% [1] - Liandong Technology's actual controller and its concerted parties plan to reduce holdings by no more than 2.9963% [1] - Jiacheng International's shareholder Hengshang Investment plans to reduce holdings by no more than 1% [1] - Aerospace Engineering's shareholders Guochuang Fund and New Car Fund plan to reduce a total of no more than 16.0797 million shares [1] - Youfa Group's director Zhang Degang plans to reduce holdings by no more than 3.54 million shares [1] - Juxing Agriculture's shareholder Hebang Group plans to reduce holdings by no more than 2% [1] - Hunan Baiyin's shareholder Chenzhou Guokong plans to reduce holdings by no more than 2% [1] - Huile Ecology's shareholder Ningbo Huining has reduced a total of 18.8465 million shares [1] - Langkun Technology's shareholders Huadi Guangda and Qiandeng Huadi have completed a total reduction of 2.1137 million shares [1] - Aorui De's shareholder Gongqingcheng Kunsun has reduced a total of 16.01 million shares [1] - Suotong Development's shareholders Lang Guanghui and Xuan Yuan Ke Xin 182 have reduced a total of 7.9655 million shares [1] - Jianglong Shipbuilding's Zhao Shenghua has reduced a total of 1.5398% of shares [1] - Xingtong Shares' shareholder and director Wang Lianghua has completed a reduction of 4.2 million shares [1] Other Financial Information - Huaxia Happiness has a total of 24 billion 7 million yuan in overdue debt [1] - Jiaao Environmental Protection reported a net loss of 25.3659 million yuan in the first three quarters [1]

Major Announcements - Jinling Mining has decided to suspend the public transfer of 100% equity and debt of JG Mining due to the lack of qualified buyers during the second public listing phase [4] - Huibo Yuntong's controlling shareholder and actual controller have voluntarily committed not to reduce their holdings of the company's stock during a specific period, coinciding with the planned acquisition of Baode Computer Systems [5] - Weigao Blood Purification is planning to purchase 100% equity of Weigao Purui through a share issuance, with trading expected to be suspended from October 20, 2025 [6] - Ganfeng Lithium intends to transfer part of its equity in Shenzhen Yichu to introduce a strategic investor for 664 million yuan, which will result in Shenzhen Yichu no longer being included in the consolidated financial statements [7] - Sanhua Intelligent Control has raised the upper limit for its share repurchase price from 35.75 yuan to 60.00 yuan and extended the implementation period by two months [8] - Jingwei Huikai plans to acquire 100% equity of ZTE Systems for 850 million yuan, entering the private network communication sector [9] Performance Reports - Cambrian reported a third-quarter net profit of 567 million yuan, with a revenue increase of 1332.52% year-on-year [10] - Hikvision's third-quarter net profit grew by 20.31%, with revenues of 239.4 billion yuan [12] - Kewell's third-quarter net profit increased by 110.36%, with revenues of 14.5 million yuan [13] - Siwei Technology expects a net profit increase of 140% to 169% for the first three quarters, driven by strong smartphone sector performance [14] - Shentong Technology's third-quarter net profit surged by 452.62%, with revenues of 4.86 billion yuan [15] - Huayou Cobalt's net profit for the first three quarters increased by 39.59%, benefiting from integrated operations and rising cobalt prices [16] - Shenghui Integration reported a third-quarter net profit growth of 93.89% [17] - Jinshi Yaya expects a net profit increase of 48.99% to 83.95% for the first three quarters due to successful commercialization of R&D projects [18] - Haida Group's net profit for the first three quarters grew by 14.31%, and the company plans to spin off its subsidiary for a Hong Kong listing [19] - Hanlan Environment anticipates a net profit increase of approximately 15.85% for the first three quarters [20] - Haitong Development's net profit for the first three quarters decreased by 38.47% due to market price declines and rising operational costs [21] - Explorer expects a net profit decline of 64.62% to 70.51% for the first three quarters due to poor sales in outdoor business [22] - Guoji General's net profit for the third quarter decreased by 46.73% due to a decline in project revenue recognition [23] Major Contracts - Xinjiang Jiaojian has been awarded a construction project worth 556 million yuan [24] - Robotech signed a contract worth approximately 761 million yuan, representing about 68.83% of its 2024 revenue [25] - Shengshi Technology signed a contract for the Hunchun Port project worth 102 million yuan [26] Shareholding Changes - Youfa Group's director plans to reduce his holdings by up to 3.54 million shares [27] - Shengbang shares' controlling shareholder plans to reduce holdings by up to 1.28% [28] - Hunan Silver's major shareholder plans to reduce holdings by up to 2% [29] Share Buybacks - Tonghua Dongbao plans to repurchase shares worth 20 million to 40 million yuan [30] - Shenzhen New Star intends to raise its share repurchase price limit from 18 yuan to 30 yuan [31] Financing Activities - Changsha Bank has received approval to issue capital instruments not exceeding 12 billion yuan [32]

Core Viewpoint - The company announced that a significant shareholder, Mr. Lin Lin, plans to reduce his stake in the company through block trades and centralized bidding from November 10, 2025, to February 9, 2026, with a maximum reduction of 7.8871 million shares, representing 1.28% of the total share capital [1] Group 1 - The reduction period for the shareholding is set from November 10, 2025, to February 9, 2026 [1] - The maximum number of shares to be reduced is 7.8871 million [1] - This reduction accounts for up to 1.28% of the company's total share capital [1]

Core Insights - The semiconductor industry is witnessing a significant trend of companies, particularly in the analog chip sector, moving towards the Hong Kong stock market, driven by strategic choices in response to market challenges and the need for global expansion [1][9] - The analog chip market is experiencing a recovery with a 4% growth in the first half of the year, driven by sectors like automotive electronics and AI computing, despite intense competition from international players [2][6] Market Dynamics - The cyclical nature of the analog chip industry and the evolving global competitive landscape are key factors influencing companies to list in Hong Kong [2] - The top 10 domestic analog chip manufacturers are projected to hold a 38.1% market share in 2024, with international firms capturing 33% of the market, indicating a highly concentrated competitive environment [2] Strategic Moves - The Hong Kong stock market has become attractive for companies due to its flexible refinancing mechanisms and recent regulatory changes that facilitate listings for A-share companies [3] - Companies like Naxin Micro, Jiewater, and Shengbang have submitted their IPO applications to the Hong Kong Stock Exchange, aiming to leverage international capital for further growth [3][4] Company Strategies - Shengbang focuses on a comprehensive product matrix covering 34 categories and over 5,900 products, achieving a revenue of 18.19 billion yuan in the first half of 2025, a 15.37% increase year-on-year [4][6] - Naxin Micro emphasizes sensor, signal chain, and power management products, with a significant presence in the automotive sector, leading to a revenue increase from 19.61 billion yuan in 2024, a 49.56% year-on-year growth [5][7] - Jiewater adopts a one-stop product line strategy, achieving a revenue of 16.46 billion yuan in 2024, a 28.84% increase year-on-year [5] Financial Performance - The leading companies in the analog chip sector exhibit high growth but face profitability challenges, with Shengbang reporting a net profit of 5 billion yuan in 2024, a 78.17% increase [6][7] - Naxin Micro's revenue growth is notable, but it reported a net loss of 4.03 billion yuan in 2024, indicating the growing pains of the industry [7] - Jiewater also faced a net loss of 6.03 billion yuan in 2024, highlighting the pressures of market competition and rising costs [7] Future Outlook - The power management market is expected to grow significantly, reaching 223.4 billion yuan by 2029, driven by demand from AI infrastructure and electric vehicles [8] - Companies listing in Hong Kong can access funds to support long-term R&D and market expansion, which is crucial for navigating the industry's challenges [8] Conclusion - The trend of companies like Shengbang, Naxin Micro, and Jiewater listing in Hong Kong reflects a shift in China's semiconductor industry towards global competition [9] - The ability to convert capital advantages into technological strengths and expand into international markets will be critical for these companies moving forward [9]