Group 1 - The company, Suzhou Naxin Microelectronics Co., Ltd., is convening its second extraordinary general meeting of shareholders in 2025 on June 30, 2025, at 15:00 [1][4] - The voting method for the meeting will combine on-site voting and online voting through the Shanghai Stock Exchange's shareholder meeting voting system [1][4] - The online voting will be available on the same day from 9:15 to 15:00, with specific time slots for trading system voting [1][2] Group 2 - The agenda for the meeting includes a proposal to use remaining raised funds to permanently supplement working capital, which has already been approved by the company's board and supervisory board [2][4] - There are no related shareholders that need to abstain from voting on the proposal [2] - Shareholders must register to attend the meeting by providing necessary identification and proof of shareholding by June 27, 2025 [5][6] Group 3 - Shareholders can appoint proxies to attend the meeting, and the proxy does not need to be a shareholder of the company [6][7] - The registration process for attending the meeting includes specific documentation requirements for both individual and corporate shareholders [6][14] - The company will not cover travel and accommodation expenses for attending shareholders or their proxies [14]

Group 1 - The company held its 18th meeting of the third supervisory board on June 13, 2025, with all three supervisors present, ensuring compliance with relevant laws and regulations [1][2] - The supervisory board approved the proposal to use up to RMB 900 million of idle raised funds and up to RMB 3.5 billion of idle self-owned funds for cash management, ensuring that it does not affect the company's normal operations or fundraising plans [1][2] - The board also approved the use of remaining over-raised funds to permanently supplement working capital, which aligns with regulatory requirements and aims to improve fund utilization efficiency and reduce financial costs [2]

Core Viewpoint - The IPO of Huada Beidou represents a significant trend in the domestic chip industry, highlighting the potential for growth despite challenges such as price wars and geopolitical factors [12] Company Overview - Huada Beidou is a space positioning service provider that offers navigation chips and modules supporting the BeiDou and major global GNSS systems, along with related solutions [3] - The company was established in December 2016, backed by notable investors including BYD, Gree, and TCL Technology, and has received multiple rounds of investment [3] - The chairman and CEO, Sun Zhongliang, is a prominent figure in the GNSS space positioning service industry [3] Product and Market Position - Huada Beidou's product portfolio includes GNSS chips and modules used in various sectors such as smart transportation, shared bicycles, smart driving, smartphones, wearable devices, and IoT [4] - The company dominates the shared bicycle navigation chip market, with sales expected to exceed 15 million units by the end of 2024, capturing over 90% of the high-precision shared bicycle market [6] - In terms of global market share, Huada Beidou ranks sixth among GNSS service providers and second among domestic companies, with a market share of 4.8% [6] Industry Growth Potential - The industry Huada Beidou operates in is projected to grow significantly, with the Chinese BeiDou space positioning service market expected to reach 954 billion yuan by 2028, reflecting a compound annual growth rate of 14.5% from 2023 to 2028 [7] - Despite being in a high-growth sector, Huada Beidou's revenue has fluctuated, with figures of 698 million yuan in 2022, 645 million yuan in 2023, and an expected 840 million yuan in 2024 [9] Financial Performance - The company has faced challenges, including a revenue decline in 2023 due to a downturn in the semiconductor industry and reduced government infrastructure projects [9] - Huada Beidou's GNSS chip and module sales have increased significantly, from 540,500 units in 2022 to an expected 1,606,700 units in 2024 [9] - The company has not yet achieved profitability, with cumulative losses exceeding 500 million yuan over the past three years [10] Profitability Challenges - Huada Beidou's gross margin has been declining, with rates of 12.0%, 10.5%, and 9.8% over the past three years, attributed to participation in price wars [11]

Core Viewpoint - Texas Instruments (TI) is planning to raise prices on certain product lines, with the final decision expected on June 15, 2023, following a previous price reduction in May 2023 that initiated a price war in the market [2][4][9]. Price Changes and Market Reactions - TI's price increase is seen as a response to the earlier price war, where it had lowered prices to gain market share, leading to significant losses for domestic competitors like SiMicro and Naxinwei [3][4]. - The automotive sector has experienced price increases of over 50%, while other segments have also seen substantial hikes [2]. - Domestic manufacturers are currently maintaining stable prices and are observing TI's pricing strategy before making any adjustments [2][10]. Profitability Focus - The industry is shifting from a strategy of sacrificing profits for market share to prioritizing profitability, as indicated by various companies' statements [10][11]. - SiMicro reported a net loss of 65.64 million yuan in the first half of 2024, a 565.93% year-on-year decline, despite a 27% increase in product sales [4][5]. - Naxinwei also reported a net loss of 265 million yuan, while its product sales increased across various categories [4]. Margin Trends - TI's gross margin has declined from 68.8% in 2022 to 56.8% in Q1 2025 due to earlier price cuts, but it is expected to rise again in Q2 2025, suggesting a potential recovery in profitability [7][8]. - The shift in strategy may indicate a broader industry trend towards maintaining product line profitability rather than competing solely on price [8][9]. Market Outlook - The semiconductor industry is anticipated to be on a recovery path, with demand improving in industrial and automotive sectors, prompting domestic suppliers to focus on high-end product replacements [11].

光大证券股份有限公司 关于苏州纳芯微电子股份有限公司 使用部分闲置募集资金及自有资金进行现金管理的核查意见 光大证券股份有限公司（以下简称"光大证券"或"保荐机构"）作为苏州 纳芯微电子股份有限公司（以下简称"公司"或"纳芯微"）首次公开发行A股 股票并在科创板上市的保荐机构和持续督导机构，根据《证券发行上市保荐业务 管理办法》《上海证券交易所科创板股票上市规则》《上市公司监管指引第2号 ——上市公司募集资金管理和使用的监管要求》以及《上海证券交易所科创板上 市公司自律监管指引第1号——规范运作》等有关法律法规和规范性文件，对公 司使用部分闲置的募集资金及自有资金进行现金管理的事项进行了审慎的核查， 核查情况及意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会于 2022 年 3 月 1 日出具的《关于同意苏州纳 芯微电子股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕427 号），公司获准向社会公开发行人民币普通股 2,526.60 万股，每股发行价格为人 民币 230.00 元，募集资金总额为 581,118.00 万元；扣除承销及保荐费用、发行 登记费以及其他发行费用共计 22, ...

关于苏州纳芯微电子股份有限公司 使用剩余超募资金永久补充流动资金的核查意见 光大证券股份有限公司（以下简称"光大证券"或"保荐机构"）作为苏州 纳芯微电子股份有限公司（以下简称"公司"或"纳芯微"）首次公开发行A股 股票并在科创板上市的保荐机构和持续督导机构，根据《证券发行上市保荐业务 管理办法》《上海证券交易所科创板股票上市规则》《上市公司监管指引第2号 ——上市公司募集资金管理和使用的监管要求》以及《上海证券交易所科创板上 市公司自律监管指引第1号——规范运作》等有关法律法规和规范性文件，对纳 芯微使用剩余超募资金永久补充流动资金的事项进行了审慎的核查，核查情况及 意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意苏州纳芯微电子股份有限公 司首次公开发行股票注册的批复》（证监许可〔2022〕427 号），公司获准向社会 公开发行人民币普通股 2,526.60 万股，每股发行价格为人民币 230.00 元，募集 资金总额为 581,118.00 万元；扣除承销及保荐费用、发行登记费以及其他发行费 用共计 22,993.34 万元（不含增值税金额）后，募集资金净额为 558,124. ...

光大证券股份有限公司 关于苏州纳芯微电子股份有限公司 公司于 2023 年 6 月 21 日召开第二届董事会第二十六次会议、第二届监事会 第十七次会议，会议审议通过了《关于调整公司 2022 年限制性股票激励计划相 关事项的议案》《关于作废处理部分限制性股票的议案》《关于公司 2022 年限制 性股票激励计划第一个归属期符合归属条件的议案》，同意公司为符合条件的 173 名激励对象办理归属登记，归属股票数量为 959,254 股。2023 年 7 月 12 日 上述股份完成归属登记并上市流通，公司股本总数由 141,489,600 股变更为 142,448,854 股。 公司于 2023 年 10 月 25 日召开第三届董事会第六次会议、第三届监事会第 六次会议，审议通过了《关于作废处理部分限制性股票的议案》《关于公司 2022 年限制性股票激励计划预留授予部分第一个归属期符合归属条件的议案》，同意 公司为符合条件的 32 名激励对象办理归属登记，归属股票数量为 79,579 股。2023 年 11 月 9 日上述股份上市流通，公司股本总数由 142,448,854 股变更为 142,528,433 股。 首 ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-031 苏州纳芯微电子股份有限公司 关于使用剩余超募资金永久补充流动资金的公告 苏州纳芯微电子股份有限公司（以下简称"公司"）于 2025 年 6 月 13 日召开 第三届董事会第十八次会议、第三届监事会第十八次会议，审议通过了《关于使 用剩余超募资金永久补充流动资金的议案》，同意公司使用剩余超募资金人民币 71,926.68 万元（含已到期利息收入及理财收益，实际金额以资金转出当日专户余 额为准）永久补充流动资金。本次使用剩余超募资金永久补充流动资金后，公司 首次公开发行超募资金账户余额为人民币 0 元，公司将按规定注销相关募集资金 专用账户。 现将具体情况公告如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意苏州纳芯微电子股份有限公 司首次公开发行股票注册的批复》（证监许可〔2022〕427 号），公司获准向社会 公开发行人民币普通股 2,526.60 万股，每股发行价格为人民币 230.00 元，募集资 金总额为 581,118.00 万元；扣除承销及保荐费用、发行登记费以及其他发行费用 共计 22,993.34 万元（ ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-030 苏州纳芯微电子股份有限公司 关于使用部分闲置募集资金及自有资金 进行现金管理的公告 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。 苏州纳芯微电子股份有限公司（以下简称"公司"或"纳芯微"）于 2025 年 6 月 13 日召开第三届董事会第十八次会议、第三届监事会第十八次会议，审议通 过了《关于使用部分闲置募集资金及自有资金进行现金管理的议案》，同意公 司在确保不影响募集资金使用以及公司正常业务开展的情况下，使用最高余额 不超过人民币 9 亿元（含 9 亿元）的部分闲置募集资金，使用最高余额不超过 人民币 35 亿元（含 35 亿元）的部分闲置自有资金购买安全性高、流动性好的 投资产品（包括但不限于协定性存款、结构性存款、定期存款、通知存款、大额 存单等）。在上述额度内，资金可以滚动使用，使用期限自董事会审议通过之 日起 12 个月内有效。董事会授权公司管理层在授权额度和期限内行使现金管理 投资决策权并签署相关合同文件。 根据《上市公司监管指引第 2 ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-033 苏州纳芯微电子股份有限公司 关于召开2025年第二次临时股东大会的通知 本公司董事会及全体董事保证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。 重要内容提示： 一、 召开会议的基本情况 （一） 股东大会类型和届次 （五） 网络投票的系统、起止日期和投票时间。 2025年第二次临时股东大会 召开日期时间：2025 年 6 月 30 日 15 点 00 分 召开地点：公司会议室（苏州工业园区东荡田巷 9 号） 网络投票系统：上海证券交易所股东大会网络投票系统 股东大会召开日期：2025年6月30日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回 ...