Core Viewpoint - The company reported a significant decline in revenue and incurred a net loss in the first half of the year compared to the same period last year [1] Financial Performance - The company achieved an operating revenue of 1.704 billion yuan in the first half of the year, representing a year-on-year decrease of 25.42% [1] - The net profit attributable to shareholders of the listed company was a loss of 147 million yuan, compared to a net profit of 354 million yuan in the same period last year [1] - The basic earnings per share were -0.2757 yuan [1]

Group 1 - The company, Zhaosheng Microelectronics, announced the convening of its 13th meeting of the 3rd Board of Directors on August 21, 2025, to review the full semi-annual report and its summary [2] - For the first half of 2025, the company's revenue composition was entirely from the integrated circuit industry, accounting for 100.0% [2]

Group 1 - The company,卓胜微, announced a provision for asset impairment totaling approximately 216 million yuan for the first half of 2025, with a reversal or write-off of about 122 million yuan, resulting in a reduction of total profit by 94.44 million yuan as of June 30, 2025 [1] - The provision for impairment is based on sufficient grounds and aims to reflect the company's financial status, asset value, and operating results objectively and accurately as of June 30, 2025 [1] - The provision is expected to strengthen the company's assets and enhance its risk prevention capabilities, ensuring sustainable development without harming the interests of the company and all shareholders [1] Group 2 - For the first half of 2025, the company's revenue composition is entirely from the integrated circuit industry, accounting for 100% [1] - As of the time of reporting, the market capitalization of 卓胜微 is 42.8 billion yuan [1]

格隆汇8月21日丨卓胜微(300782.SZ)公布2025年半年度报告，上半年公司实现营业收入17.04亿元，同比 下降25.42%；归属于上市公司股东的净利润-1.47亿元；归属于上市公司股东的扣除非经常性损益的净 利润-1.51亿元；基本每股收益-0.2757元。 ...

Core Viewpoint - Jiangsu Maxscend Microelectronics Company Limited reported a significant decline in revenue and net profit for the first half of 2025, indicating challenges in the RF integrated circuit market and a need for strategic adjustments to maintain competitiveness [3][10]. Financial Performance - The company's revenue for the reporting period was approximately 1.70 billion yuan, a decrease of 25.42% compared to the same period last year [3]. - The net profit attributable to shareholders was a loss of approximately 147.39 million yuan, a decline of 141.59% year-on-year [3]. - The basic earnings per share were -0.2757 yuan, down 141.54% from the previous year [3]. - The total assets at the end of the reporting period were approximately 14.33 billion yuan, showing a slight increase of 0.68% from the previous year [3]. Business Overview - The company specializes in RF integrated circuits, focusing on the research, development, production, and sales of RF switches, low-noise amplifiers, filters, and power amplifiers, primarily for mobile smart terminals [4][10]. - The company has established a complete ecosystem in the RF field, integrating design, research, process, device, material, and integration technology resources [4][10]. Industry Context - The global semiconductor market is expected to grow by 11.2% in 2025, reaching approximately 697.1 billion USD, driven by advancements in AI, 5G, IoT, and other emerging technologies [11]. - The integrated circuit industry in China is transitioning from a major importer to a self-sufficient producer, with a focus on enhancing domestic capabilities and reducing reliance on foreign technology [11][12]. - The RF front-end market is highly concentrated, with international firms dominating, but domestic companies are increasingly making breakthroughs and competing effectively [16]. Strategic Focus - The company is committed to enhancing its core technology and resource platform, aiming to become a leading RF solution provider in China [4][10]. - The company is leveraging its Fab-lite business model to optimize production processes and reduce dependency on external foundries, thereby enhancing supply chain stability [9][10]. - The company aims to expand its market presence in high-end RF module products and capitalize on emerging opportunities in communication base stations, automotive electronics, and IoT applications [10][16].

江苏卓胜微电子股份有限公司 2025 年半年度报告摘要 证券代码：300782 证券简称：卓胜微 公告编号：2025-071 江苏卓胜微电子股份有限公司 2025 年半年度报告摘要 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投资者应当到证监 会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 非标准审计意见提示 □适用 ?不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 □适用 ?不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 ?不适用 二、公司基本情况 股票简称 卓胜微 股票代码 300782 股票上市交易所 深圳证券交易所 联系人和联系方式 董事会秘书 证券事务代表 姓名 刘丽琼 徐佳 电话 0510-85185388 0510-85185388 办公地址 无锡市滨湖区胡埭工业园刘闾路 29 号 无锡市滨湖区胡埭工业园刘闾路 29 号 电子信箱 info@maxscend.com info@maxscend.com 公司是否需追溯调整或重述以 ...

Group 1 - The core point of the article is the approval of the 2025 restricted stock incentive plan by the board's remuneration and assessment committee of Jiangsu Zhaosheng Microelectronics Co., Ltd, which includes a list of 336 eligible incentive recipients [1][3] - The incentive plan aims to motivate core technical personnel, including some foreign employees, to enhance the stability and development of the company's talent pool [2][3] - The grant date for the restricted stock is set for August 21, 2025, with a grant price of 35.58 yuan per share, totaling 2.78328 million shares to be awarded [3] Group 2 - The adjustment of the incentive recipient list was made due to the departure of some personnel, reducing the number from 340 to 336, and this adjustment is within the authorization of the 2025 second extraordinary general meeting [2][3] - The incentive recipients meet the qualifications set forth by relevant laws and regulations, ensuring the legality and validity of their participation in the incentive plan [3]

Group 1 - The board of directors of Jiangsu Zhaosheng Microelectronics Co., Ltd. held its 13th meeting on August 21, 2025, to discuss various agenda items [1][2] - The board approved the 2025 semi-annual report, confirming that it accurately reflects the company's financial status and operating results without any misleading statements [1][2] - The board agreed to the provision for asset impairment, which aligns with accounting standards and reflects the company's financial condition as of June 30, 2025 [1][2] Group 2 - The board approved adjustments to the 2025 restricted stock incentive plan, reducing the total number of restricted shares from 2,801,760 to 2,783,280 due to the departure of four eligible participants [1][2] - The board confirmed the grant of 2,783,280 restricted shares to 336 incentive plan participants, with the grant date set for August 21, 2025 [1][2] - The board established a management system for the departure of directors and senior management to ensure governance stability and protect shareholder rights [1][2] Group 3 - The board created a management system for the temporary suspension and exemption of information disclosure to ensure compliance with legal obligations [1][2] - The board developed an internal review system for information release and responses on the interactive platform to enhance communication with investors [1][2]

Growth - Teva Pharmaceutical reported a net profit of 38.01 million yuan in the first half of the year, a year-on-year increase of 1313.23% [1] - Qianfang Technology achieved a net profit of 170 million yuan, up 1287.12% year-on-year [1] - Tianyu Digital Science and Technology recorded a net profit of 23.62 million yuan, reflecting a 453.67% increase [1] - Suzhou Gude reported a net profit of 43.70 million yuan, up 310.28% year-on-year [1] - Sainuo Medical achieved a net profit of 13.84 million yuan, an increase of 296.54% [1] - Runfeng Co., Ltd. reported a net profit of 556 million yuan, up 205.62% year-on-year [1] - Guodian Nanzi achieved a net profit of 159 million yuan, reflecting a 197.03% increase [1] - Ruijie Networks reported a net profit of 452 million yuan, up 194% year-on-year [1] - Zhongjing Technology achieved a net profit of 25.74 million yuan, an increase of 144.05% [1] - China National Materials Technology reported a net profit of 999 million yuan, up 114.92% year-on-year [1] - Lante Optics achieved a net profit of 103 million yuan, reflecting a 110.27% increase [1] - Yidao Information reported a net profit of 11.41 million yuan, up 96.02% year-on-year [1] - Qianzhao Optoelectronics achieved a net profit of 69.23 million yuan, an increase of 88.04% [1] - Ruile New Materials reported a net profit of 166 million yuan, up 74.22% year-on-year [1] - Lvtian Machinery achieved a net profit of 140 million yuan, reflecting a 64.36% increase [1] - Mega Chip Color reported a net profit of 110 million yuan, up 48.83% year-on-year [1] - Jiaojian Co., Ltd. achieved a net profit of 113 million yuan, an increase of 48.66% [1] - Huhua Electronics reported a net profit of 1.683 billion yuan, up 47.50% year-on-year [1] - Sany Heavy Industry achieved a net profit of 5.216 billion yuan, reflecting a 46% increase [1] - Goodix Technology reported a net profit of 431 million yuan, up 35.74% year-on-year [1] - Allwinner Technology achieved a net profit of 161 million yuan, an increase of 35.36% [1] - Bichu Electronics reported a net profit of 640 million yuan, up 30.32% year-on-year [1] - Ganneng Co., Ltd. achieved a net profit of 438 million yuan, reflecting a 29.39% increase [1] - Weigao Medical reported a net profit of 492 million yuan, up 28.07% year-on-year [1] - GoerTek achieved a net profit of 1.417 billion yuan, reflecting a 15.65% increase [1] - Huason Pharmaceutical reported a net profit of 53.95 million yuan, up 14.27% year-on-year [1] - Gaoxin Development achieved a net profit of 66.92 million yuan, an increase of 14.06% [1] - Shanghai Jahwa reported a net profit of 266 million yuan, up 11.66% year-on-year [1] Stable Growth - Hangcha Group reported a net profit of 1.121 billion yuan, reflecting an increase of 11.38% year-on-year [2] - Dong'e Ejiao achieved a net profit of 818 million yuan, up 10.74% [2] - Beikong Technology reported a net profit of 54.31 million yuan, an increase of 10.59% [2] - Hongxin Electronics achieved a net profit of 53.99 million yuan, up 9.85% year-on-year [2] - Huace Testing reported a net profit of 467 million yuan, reflecting a 7.03% increase [2] - Samsung Medical achieved a net profit of 1.230 billion yuan, up 6.93% year-on-year [2] - Jiangzhong Pharmaceutical reported a net profit of 522 million yuan, reflecting a 5.80% increase [2] - Hualing Cable achieved a net profit of 63.64 million yuan, up 4.74% year-on-year [2] - Kuaijishan reported a net profit of 93.88 million yuan, reflecting a 3.41% increase [2] - Laishen Tongling achieved a net profit of 60.61 million yuan, turning from loss to profit [2] - Yunnan Geology reported a net profit of 22.15 million yuan, turning from loss to profit [2] - Shandong Steel achieved a net profit of 1.253 million yuan, turning from loss to profit [2] Decline and Loss - Zhongtian Rocket reported a net profit of 394,460 yuan, a year-on-year decrease of 80.74% [2] - Liuhua Co., Ltd. achieved a net profit of 344,280 yuan, down 78.01% year-on-year [2] - Qiaqia Food reported a net profit of 886.42 million yuan, a decrease of 73.68% [2] - Hangjin Technology achieved a net profit of 1.372 million yuan, down 58.38% year-on-year [2] - Taiping Bird reported a net profit of 7.771 million yuan, a decrease of 54.61% [2] - Canadian Solar reported a net profit of 731 million yuan, down 41.01% year-on-year [2] - Sinopec achieved a net profit of 21.483 billion yuan, a decrease of 39.8% [2] - Fulejia reported a net profit of 230 million yuan, down 32.54% year-on-year [2] - Palin Bio reported a net profit of 236 million yuan, down 27.89% [2] - Yiwei Lithium Energy achieved a net profit of 1.605 billion yuan, down 24.9% year-on-year [2] - Jinguang Electric reported a net profit of 42.34 million yuan, down 17.16% [2] - Hexing Co., Ltd. achieved a net profit of 107 million yuan, down 16.98% year-on-year [2] - Electric Investment Production and Financing reported a net profit of 459 million yuan, down 13.41% [2] - Tiantan Biological achieved a net profit of 633 million yuan, down 12.88% year-on-year [2] - Huali Group reported a net profit of 1.671 billion yuan, down 11.06% [2] - Zhongyou Engineering achieved a net profit of 470 million yuan, down 10.87% year-on-year [2] Further Losses - Chongda Technology reported a net profit of 222 million yuan, down 6.19% year-on-year [3] - Xinhua Department Store achieved a net profit of 86.01 million yuan, down 2.52% [3] - Zhuosheng Micro reported a net loss of 147 million yuan, turning from profit to loss [3] - Penghui Energy reported a net loss of 88.23 million yuan, turning from profit to loss [3] - Yipin Hong reported a net loss of 73.54 million yuan, turning from profit to loss [3] - Zhongbing Hongjian reported a net loss of 40.71 million yuan, turning from profit to loss [3] - Sanwei Xinan reported a net loss of 29.39 million yuan, turning from profit to loss [3] - Anyuan Coal reported a net loss of 290 million yuan [3] - Keda Xunfei reported a net loss of 239 million yuan [3] - Jishi Media reported a net loss of 23.2 million yuan [3] - Nanjing Chemical Fiber reported a net loss of 88.93 million yuan [3] - Guangsheng Tang reported a net loss of 66.69 million yuan [3] - Chutian Long reported a net loss of 39.77 million yuan [3]

Group 1 - The core viewpoint of the article highlights the performance and metrics of the Consumer Electronics ETF, which tracks the Guozheng Consumer Electronics Theme Index [2] - The ETF has experienced a 4.59% change in the last five days, indicating a positive trend in its recent performance [2] - The current price-to-earnings ratio of the ETF stands at 43.18 times, suggesting a relatively high valuation compared to earnings [2] Group 2 - The latest share count for the ETF is 2.31 billion shares, with an increase of 50 million shares, reflecting growing investor interest [2] - There has been a net outflow of 67.93 million yuan in principal funds, indicating some selling pressure despite the increase in shares [2] - The valuation percentile of the ETF is at 64.26%, suggesting that it is positioned above the median in terms of valuation compared to its peers [3]