证券代码：688591 证券简称：泰凌微 公告编号：2026-011 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 2026 年 2 月 26 日 泰凌微电子（上海）股份有限公司（以下简称"公司"）拟通过发行股份及 支付现金的方式向 STYLISH TECH LIMITED、上海芯闪企业管理合伙企业（有 限合伙）、上海颂池投资管理中心（有限合伙）等 26 名交易对方购买其合计持有 的上海磐启微电子有限公司 100%股权，并募集配套资金（以下简称"本次交易"）。 公司于 2026 年 2 月 25 日收到上海证券交易所（以下简称"上交所"）出具 的《关于受理泰凌微电子（上海）股份有限公司发行股份购买资产并募集配套资 金申请的通知》（上证科审（并购重组）〔2026〕6 号）。上交所依据相关规定对 申请文件进行了核对，认为该项申请文件齐备，符合法定形式，决定予以受理并 依法进行审核。 本次交易尚需履行的决策和审批程序，包括但不限于经上交所审核通过并获 中国证券监督管理委员会注册。本次交易方案在取得上述审核通过及同意注册前， 不 ...

证券代码：688591 证券简称：泰凌微 公告编号：2026-012 公司于 2026 年 2 月 25 日收到上海证券交易所（以下简称"上交所"）出具 的《关于受理泰凌微电子（上海）股份有限公司发行股份购买资产并募集配套资 金申请的通知》（上证科审（并购重组）〔2026〕6 号），并披露了《泰凌微电子 （上海）股份有限公司发行股份及支付现金购买资产并募集配套资金报告书（申 报稿）》（以下简称"重组报告书（申报稿）"）等文件，具体内容详见公司刊登在 上海证券交易所网站（http://www.sse.com.cn）的相关文件。 相较公司于 2026 年 1 月 28 日披露的《泰凌微电子（上海）股份有限公司发 行股份及支付现金购买资产并募集配套资金报告书（草案）》，重组报告书（申报 稿）对部分内容进行了补充和修订，主要修订情况如下： | 章节 | | 修订情况 | | --- | --- | --- | | 重大事项提示 | | 更新了本次重组尚未履行的决策程序及报批程序。 | | 第一章 | 本次交易概述 | 更新了本次交易的决策过程和审批情况。 | | 第十三章 | 其他重要事项 | 更新了本次交易的内幕信 ...

格隆汇2月25日｜泰凌微公告，公司拟通过发行股份及支付现金的方式向STYLISH TECH LIMITED、上 海芯闪企业管理合伙企业、上海颂池投资管理中心等26名交易对方购买其合计持有的上海磐启微电子有 限公司100%股权，并募集配套资金。公司于2026年2月25日收到上海证券交易所出具的《关于受理泰凌 微电子股份有限公司发行股份购买资产并募集配套资金申请的通知》。上交所依据相关规定对申请文件 进行了核对，认为该项申请文件齐备，符合法定形式，决定予以受理并依法进行审核。 ...

Market Review - The Shanghai Composite Index closed at 4065.58 points, with a weekly decline of -1.27% [1] - The Shenzhen Component Index closed at 13906.73 points, with a weekly decline of -2.11% [1] - The ChiNext Index closed at 3236.46 points, with a weekly decline of -3.28% [1] - The CSI 300 Index closed at 4643.6 points, with a weekly decline of -1.33% [1] - The CSI Artificial Intelligence Index closed at 2321.75 points, with a weekly decline of -9.76%, consistent with the overall market trend [1] Technology Industry Insights - As of February 8, technology companies are intensively disclosing their 2025 annual performance forecasts, with positive operating conditions expected in sectors such as storage, PCB, PCB equipment, and optical modules [2] - Major PCB manufacturers are expected to achieve positive profit growth, with Shenghong Technology's net profit projected to increase by 260%-295% to between 4.16 billion and 4.56 billion yuan, driven by advancements in high-end markets and increased R&D investment [2] - Storage companies are also expected to see significant profit increases, with Baiwei Storage's net profit growth forecasted at 427%-520%, supported by stabilizing storage prices and improving operational performance starting in Q2 2025 [3] PCB Equipment Sector - Key PCB equipment companies are expected to achieve positive profit growth in 2025, with Dazhu CNC's net profit projected to increase by 161%-194%, driven by rising demand for high-layer boards and high-layer HDI boards due to investments in AI computing infrastructure [6] - Chip Microelectronics is expected to see a net profit of 280 million to 300 million yuan, with a year-on-year growth of 71%-84%, attributed to breakthroughs in high-end PCB and semiconductor fields [6] Investment Recommendations - Short-term pullbacks present opportunities for low-cost investments in sectors such as PCB, ODM, AIOT, and AIDC [7] - Recommended companies in the PCB sector include Shenghong Technology, Dongshan Precision, and Shougang Electric [7] - In the PCB equipment sector, recommended companies include Chip Microelectronics and Dazhu CNC [7] - In the storage sector, recommended companies include Zhaoyi Innovation and Baiwei Storage, benefiting from supply-demand dynamics driving price increases [7] - Companies in the semiconductor sector benefiting from trade barriers and domestic production acceleration include Xinyuan Technology and Aojie Technology [8]

【减持】 1、 菜百股份：股东明牌实业拟通过集中竞价交易和大宗交易方式合计减持不超过2333.33万股，即不超 过公司总股本的3%。 2、 大元泵业：股东韩元富拟自2026年3月17日至2026年6月16日，通过集中竞价和大宗交易方式减持公 司股份合计不超过559.50万股，占公司总股本的不超过3%。 3、 福达合金：控股股东王达武拟自2026年3月16日至2026年6月15日，通过集中竞价和大宗交易方式合 计减持不超过406.34万股，即不超过公司总股本的3%。 4、 国机重装：股东中国农业银行（核心股）股份有限公司四川省分行、中国农业银行股份有限公司江 苏省分行拟通过集中竞价方式减持公司股份数量合计不超过7213.39万股，即不超过公司总股本的1%， 通过大宗交易方式减持数量合计不超过1.44亿股，即减持比例不超过公司总股本2%。 1、 上交所：对双良节能及有关责任人予以监管警示，指出公司发布涉及"商业航天（核心股）"海外订 单信息未充分提示不确定性风险，易对投资者产生误导。 2、 掌阅科技：2025年度AI短剧业务收入预计不超过2025年度主营业务收入的1%。 3、 双良节能：间接参与相关商业航天（核心 ...

Market Performance - On February 12, the three major indices of A-shares collectively rose, with the ChiNext Index and the Sci-Tech Innovation 50 Index both increasing by over 1% [1] - The Shanghai Composite Index rose by 0.05% to 4134.02 points, the Shenzhen Component Index increased by 0.86% to 14283.0 points, and the ChiNext Index rose by 1.32% to 3328.06 points [2] - The total trading volume of the Shanghai and Shenzhen markets reached 2.14 trillion yuan, an increase of 157.5 billion yuan compared to the previous trading day [1] Sector Performance - The computing power industry chain saw a collective surge, with strong performance in computing power leasing concepts, CPO concepts, and liquid cooling server concepts [1] - The consumer sector experienced a collective decline, with significant drops in the film and television, tourism, retail, and food and beverage sectors [1] International Market Overview - The New York stock market saw declines on February 12, with the Dow Jones Industrial Average falling by 669.42 points (1.34%) to 49451.98 points, the S&P 500 dropping by 108.71 points (1.57%) to 6832.76 points, and the Nasdaq Composite decreasing by 469.32 points (2.03%) to 22597.15 points [3] - In Europe, the FTSE 100 index fell by 0.67%, while the CAC 40 index rose by 0.33%, and the DAX index saw a negligible decline of 0.01% [3] Central Bank Actions - The People's Bank of China announced a 10 billion yuan reverse repurchase operation scheduled for February 13 to maintain ample liquidity in the banking system [5] Policy Developments - The National Development and Reform Commission and other departments plan to establish a mandatory insurance system for unmanned aerial vehicles by 2027, aiming to enhance the low-altitude economy [6] - The Ministry of Commerce announced that starting February 13, 2026, it will impose countervailing duties on imported dairy products from the EU due to subsidies causing substantial harm to domestic industries [8] Technological Advancements - Shenzhen aims to strengthen its semiconductor industry by leveraging AI technology in key areas of the semiconductor supply chain, focusing on high-performance AI chips for various applications [10] - A breakthrough in 3D printing technology allows for the high-resolution printing of complex objects in just 0.6 seconds, marking a significant advancement in the field [13] Automotive Industry Developments - Several automakers, including Geely and Chery, have outlined plans to begin demonstration work on solid-state batteries by 2027, with goals for small-scale industrialization by 2026 [14] Investment Insights - Southwest Securities highlighted the increasing adoption of liquid cooling solutions in AI servers, indicating a structural growth opportunity in the AI computing power chain [15] - Zhongyin International suggested that the real estate sector may present significant profit opportunities in 2026, with some companies potentially reversing previous losses [15]

盘前要闻 1、人工智能担忧情绪发酵！美股遭遇猛烈抛售，黄金、白银也崩了 类型：市场 情绪影响：负面 隔夜美股市场，三大指数全线大跌，纳指大跌超2%，大型科技股集体重挫。有分析指出，市场对AI颠 覆性冲击波的担忧情绪持续发酵，金融、房地产、卡车运输和相关物流股全线暴跌。与此同时，黄金、 白银价格也大幅跳水，现货黄金一度大跌超4%，现货白银一度暴跌超11%。 2、1万亿周五落地！买断式逆回购密集加量，机构称近期降准可能性下降 4、深圳：逐步培育空中具身智能，以AI芯片为突破口做强半导体产业 类型：行业 外交部发言人林剑表示，元首外交对中美关系发挥着不可替代的战略引领作用。不久前的两国元首通话 中，特朗普总统再次表达了4月访华的愿望，习近平主席重申了对特朗普总统访华的邀请，双方就此保 持着沟通。 类型：宏观 情绪影响：中性 央行公告称，为保持银行体系流动性充裕，将于今日开展10000亿元买断式逆回购操作。招联首席经济 学家董希淼认为，大规模流动性投放降低了短期内尤其是春节前实施全面降准的紧迫性和可能性。但这 并不意味着全面降准窗口关闭，降准仍是央行工具箱中的重要选项。 3、中方回应特朗普预计4月初访华：双方就此保持 ...

Macro News - The Chinese Ministry of Foreign Affairs confirmed that during a recent call between the leaders of China and the U.S., President Trump expressed his desire to visit China in April, while President Xi reiterated the invitation [1][4]. - The U.S. Treasury Secretary mentioned that his team met with Chinese officials in Beijing last week to prepare for upcoming high-level talks, indicating ongoing communication between the economic teams of both countries [4]. - The People's Bank of China announced a 1 trillion yuan reverse repurchase operation to maintain liquidity in the banking system, with a term of 6 months starting from February 13, 2026 [2][4]. - The Chinese Ministry of Commerce announced that starting February 13, 2026, anti-subsidy duties will be imposed on certain dairy products imported from the EU [4]. Industry News - The National Development and Reform Commission, along with other regulatory bodies, released implementation opinions aimed at promoting high-quality development of low-altitude insurance, with a mandatory insurance system for unmanned aerial vehicles expected to be established by 2027 [8]. - The Shanghai Stock Exchange announced a list of initiatives for 2026, including a series of fee reduction measures, which are expected to benefit the market by approximately 1.113 billion yuan [7]. Company News - Xianglu Tungsten Industry warned that significant economic fluctuations in the countries of its major clients could impact market demand for tungsten products and the recovery of accounts receivable [11]. - Jia Mei Packaging announced that its capital operation plan will be completely independent of the listed company, and it may apply for a trading suspension if stock prices rise abnormally [11]. - Tai Ling Microelectronics reported that its third-largest shareholder, the National Big Fund, reduced its holdings by 4.6513 million shares, bringing its stake below 5% [11]. - United Optoelectronics signed a business cooperation framework contract with Lingzhi Cloud Creation to provide assembly and processing services for robotic products [12].

Core Viewpoint - The major shareholder, National Integrated Circuit Industry Investment Fund Co., Ltd. (National Fund), has reduced its stake in TaiLing Microelectronics (Shanghai) Co., Ltd. to below 5%, resulting in a change in shareholder status without triggering a mandatory tender offer [3][7]. Group 1: Shareholder Reduction Details - Before the reduction, the National Fund held 16,688,400 shares, representing 6.93% of the total share capital [1]. - The reduction plan allowed the National Fund to sell up to 4,814,870 shares, not exceeding 2.00% of the total share capital, within a specified period from November 13, 2025, to February 12, 2026 [1]. - The actual reduction resulted in the sale of 4,651,261 shares, leaving the National Fund with 12,037,139 shares, which is approximately 4.999984% of the total share capital [2][3]. Group 2: Impact of the Reduction - The reduction in shareholding does not affect the control of the company, as the major shareholder and actual controller remain unchanged [3][7]. - The reduction was executed in compliance with relevant laws and regulations, and it aligns with the previously disclosed reduction plan [6][7]. - The National Fund is no longer classified as a shareholder holding more than 5% of the company’s shares following this transaction [3][7].

Group 1 - The People's Bank of China announced a 1 trillion yuan reverse repurchase operation to maintain liquidity in the banking system, indicating a reduced urgency for a short-term reserve requirement ratio cut [1] - Analysts suggest that the large liquidity injection allows for observation of effects before implementing broader monetary tools like a reserve requirement ratio cut, which remains an important option in the central bank's toolkit [1] Group 2 - Shenzhen's Industrial and Information Technology Bureau released an action plan for "Artificial Intelligence + Advanced Manufacturing" aimed at enhancing the semiconductor industry through AI applications [2] - The plan focuses on optimizing chip design and software code efficiency, and developing high-performance AI chips to meet the demands of various AI terminals [2] Group 3 - The Ministry of Industry and Information Technology is soliciting public opinions on mandatory national standards for the safety requirements of autonomous driving systems in intelligent connected vehicles [6] Group 4 - The Shanghai Stock Exchange plans to reduce market operating costs, expecting to return approximately 1.113 billion yuan to the market in 2026 through various initiatives [8] - The initiatives include optimizing information disclosure channels and enhancing regulatory service quality [8] Group 5 - The Ministry of Commerce proposed to impose countervailing duties on imported dairy products from the European Union, effective February 13, 2026 [9] Group 6 - The National Development and Reform Commission aims to establish a mandatory insurance system for unmanned aerial vehicles by 2027, enhancing the safety framework for low-altitude economic activities [10] Group 7 - The film industry is being targeted for consumption growth through a "Film +" initiative, with expectations for significant box office performance during the upcoming Spring Festival holiday [12] - Analysts highlight potential investment opportunities in film content producers, leading cinema companies, and firms with strong film production and marketing capabilities [12] Group 8 - A list of undervalued media stocks with projected earnings growth of over 100% has been compiled, indicating potential investment opportunities in the film and media sector [13]