VeriSilicon(SH:688521) Xin Lang Cai Jing·2025-10-22 05:59Core Viewpoint - The stock of Chip Origin Co., Ltd. has shown significant volatility and growth in 2023, with a year-to-date increase of 227.88% as of October 22, 2023, despite recent fluctuations in trading volume and net capital flow [1][2]. Company Overview - Chip Origin Co., Ltd. was established on August 21, 2001, and went public on August 18, 2020. The company specializes in providing platform-based, comprehensive, and one-stop chip customization services and semiconductor IP licensing services [2]. - The revenue composition of Chip Origin includes: 41.85% from chip volume business, 28.81% from IP licensing fees, 23.83% from chip design services, 5.21% from royalties, and 0.29% from other sources [2]. Financial Performance - For the first half of 2025, Chip Origin reported a revenue of 974 million yuan, representing a year-on-year growth of 4.49%. However, the net profit attributable to shareholders was a loss of 320 million yuan, a decrease of 12.30% compared to the previous year [2]. Stock Performance and Trading Activity - As of October 22, 2023, Chip Origin's stock price was 171.91 yuan per share, with a trading volume of 1.179 billion yuan and a market capitalization of 90.375 billion yuan [1]. - The stock has experienced a net capital outflow of approximately 45.6 million yuan, with significant buying and selling activity from large orders [1]. - Chip Origin has appeared on the trading leaderboard six times this year, with the most recent appearance on September 22, 2023, where it recorded a net buying of 523 million yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders for Chip Origin was 25,400, a decrease of 3.58% from the previous period. The average number of circulating shares per shareholder increased by 3.71% to 19,656 shares [2][3]. - Major institutional shareholders include 华夏上证科创板50成份ETF and 易方达上证科创板50ETF, both of which have reduced their holdings compared to the previous period [3].