芯原微电子（上海）股份有限公司2025年年度业绩快报公告

Core Viewpoint - The company, Chip Origin Microelectronics (Shanghai) Co., Ltd., anticipates significant growth in its 2025 annual performance, with a projected revenue increase of 35.77% compared to 2024, driven by strong demand in various business segments [3][4]. Financial Data and Indicators - The company expects to achieve approximately 3.152 billion RMB in revenue for 2025, with a notable increase in revenue from mass production business by 73.98%, chip design business by 20.94%, and licensing fees by 7.57% [3]. - The anticipated revenue from the data processing sector is expected to grow by over 95%, accounting for about 34% of total revenue [3]. Operating Performance and Financial Condition - The company has set new records for quarterly orders, with new orders amounting to 5.960 billion RMB for the year, reflecting a year-on-year growth of 103.41%, with over 73% of these orders related to AI computing [4]. - As of the end of 2025, the company’s backlog of orders reached 5.075 billion RMB, a 54.45% increase from the previous quarter, maintaining a high level for nine consecutive quarters [4]. - The company’s R&D investment for 2025 is projected at 1.349 billion RMB, representing about 43% of revenue, although the proportion of R&D spending has decreased by nearly 11 percentage points year-on-year due to increased order conversion [5]. Business Scale and Profitability - The company expects a net loss of 528 million RMB for 2025, which is a reduction of 73 million RMB compared to the previous year, indicating a 12.16% improvement in profitability [6]. - The anticipated net loss for the second half of 2025 is projected to be 208 million RMB, a 34.98% reduction compared to the first half of 2025 [6]. Asset Growth - The company’s total assets, equity attributable to shareholders, and net asset value per share are expected to grow by 66.28%, 61.03%, and 53.30% respectively, primarily due to successful refinancing efforts during the reporting period [6].