东芯股份(688110.SH):多次触及股票交易异常波动及严重异常波动情形 停牌核查

Core Viewpoint - Dongxin Co., Ltd. (688110.SH) announced a temporary suspension of its stock trading due to multiple instances of abnormal price fluctuations since July 29, 2025, to protect investor interests [1] Group 1: Stock Trading Suspension - The company applied for a trading suspension from the Shanghai Stock Exchange, effective from August 29, 2025, with an expected duration of no more than three trading days [1] - The suspension follows media reports regarding the company's investment in Lishuan Technology (Shanghai) Co., Ltd., which recently launched its first self-developed GPU chip "7G100" and graphics card product LisuaneXtreme [1] Group 2: Investment and Product Development - The products from Lishuan Technology are primarily aimed at applications in personal computers, professional design, AIPC, cloud gaming, cloud rendering, and digital twins, rather than large model computing clusters [1] - The commercialization of these products is subject to uncertainties, including product certification, customer onboarding, and mass production supply [1] - The company faces various risks related to the investment in Lishuan Technology, including industrialization progress risk, market competition risk, product singularity risk, performance risk, ongoing operation risk, and funding flow risk [1] - The investment in Lishuan Technology is accounted for using the equity method and is not included in the consolidated financial statements [1]