Group 1 - The core point of the news is that Stada Semiconductor's stock has experienced a decline of 10.91% over the past three days, with a current price of 103.11 CNY per share and a market capitalization of 24.692 billion CNY [1] - Stada Semiconductor, established on April 27, 2005, specializes in the design, research, and production of power semiconductor chips and modules, primarily focusing on IGBT technology, with 98.12% of its revenue coming from modules [1] - The trading volume for Stada Semiconductor reached 693 million CNY, with a turnover rate of 2.85% [1] Group 2 - In the third quarter, Invesco Great Wall Fund held 71,900 shares of Stada Semiconductor, representing 1.01% of the fund's net value, making it the ninth-largest holding [2] - The fund has incurred a floating loss of approximately 105,700 CNY today and a total floating loss of 908,100 CNY during the three-day decline [2] - The Invesco Great Wall CSI 500 Industry Neutral Low Volatility Index A fund, established on March 3, 2017, has a total asset size of 777 million CNY and has achieved a year-to-date return of 15.91% [2]

Core Viewpoint - The stock of Sda Semiconductor has shown fluctuations in trading performance, with a notable increase in revenue and a slight rise in net profit year-on-year, indicating a stable growth trajectory in the semiconductor industry [1][2]. Group 1: Stock Performance - As of October 24, Sda Semiconductor's stock price increased by 2.06% to 105.33 CNY per share, with a trading volume of 1.90 billion CNY and a turnover rate of 0.76%, resulting in a total market capitalization of 25.22 billion CNY [1]. - Year-to-date, the stock price has risen by 18.10%, but it has experienced a decline of 6.05% over the last five trading days and a decrease of 2.98% over the last 20 days, while showing a 23.02% increase over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Sda Semiconductor achieved a revenue of 1.936 billion CNY, representing a year-on-year growth of 26.25%, while the net profit attributable to shareholders was 275 million CNY, reflecting a slight increase of 0.26% [2]. - The company has distributed a total of 885 million CNY in dividends since its A-share listing, with 671 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Sda Semiconductor was 53,900, a decrease of 5.10% from the previous period, while the average number of circulating shares per person increased by 5.37% to 4,440 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest with 4.2794 million shares, an increase of 763,500 shares from the previous period [3].

Core Points - Stada Semiconductor's stock dropped by 5.07% to 107.76 CNY per share, with a trading volume of 412 million CNY and a turnover rate of 1.57%, resulting in a total market capitalization of 25.806 billion CNY [1] - The company, established on April 27, 2005, and listed on February 4, 2020, specializes in the design, research, and production of power semiconductor chips and modules, primarily focusing on IGBT products, which account for 98.12% of its revenue [1] Shareholder Analysis - Guolianan Fund's ETF, Guolianan CSI Semiconductor Products and Equipment ETF Link A (007300), is among the top ten circulating shareholders of Stada Semiconductor, having increased its holdings by 128,800 shares to a total of 1.2711 million shares, representing 0.53% of circulating shares [2] - The ETF has a current scale of 1.669 billion CNY and has achieved a return of 43.33% year-to-date, ranking 785 out of 4218 in its category [2] - The fund manager, Huang Xin, has a tenure of 15 years and 194 days, with a total fund asset size of 42.04 billion CNY, while the other manager, Zhang Zhenyuan, has a tenure of 11 years and 325 days, managing assets of 40.811 billion CNY [2]

Core Viewpoint - The stock of Sda Semiconductor has shown a significant increase in price and trading activity, reflecting positive market sentiment and growth in revenue and profit for the company [1][2]. Company Overview - Sda Semiconductor, established on April 27, 2005, and listed on February 4, 2020, is located in Jiaxing, Zhejiang Province. The company specializes in the design, research, and production of power semiconductor chips and modules, primarily focusing on IGBT technology [1]. - The company's main revenue source comes from IGBT modules, accounting for 98.12% of total revenue, while other products contribute 1.88% [1]. Financial Performance - For the first half of 2025, Sda Semiconductor reported a revenue of 1.936 billion yuan, representing a year-on-year growth of 26.25%. The net profit attributable to shareholders was 275 million yuan, with a slight increase of 0.26% [2]. - Since its A-share listing, Sda Semiconductor has distributed a total of 885 million yuan in dividends, with 671 million yuan distributed over the past three years [3]. Shareholder and Market Activity - As of June 30, 2025, the number of shareholders for Sda Semiconductor was 53,900, a decrease of 5.10% from the previous period. The average number of circulating shares per shareholder increased by 5.37% to 4,440 shares [2]. - The stock price increased by 28.43% year-to-date, with a recent decline of 1.43% over the last five trading days. The stock has seen a 40.16% increase over the past 60 days [1]. Institutional Holdings - Among the top ten circulating shareholders as of June 30, 2025, Hong Kong Central Clearing Limited was the fourth largest, holding 4.2794 million shares, an increase of 763,500 shares from the previous period. Southern CSI 500 ETF and Guolian An CSI All-Index Semiconductor Products and Equipment ETF also increased their holdings [3].

北京海润天睿律师事务所（以下简称"本所"）接受斯达半导体股份有限 公司（以下简称"斯达半导"或"公司"）的委托，指派本所律师出席公司 2025 年第一次临时股东大会，并依据《中华人民共和国公司法》（以下简称"《公司 法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《公司章 程》及其他相关法律、法规的规定，就公司本次股东大会的召集、召开程序、出 席会议人员的资格、召集人资格、表决程序及表决结果等有关事宜出具本法律意 见书。 关于本法律意见书，本所及本所律师谨作如下声明： 序、出席会议人员及召集人的资格、表决程序及表决结果进行核查和见证并发表 法律意见，不对本次股东大会的议案内容及其所涉及的事实和数据的完整性、真 实性和准确性发表意见。 《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定以及本法律意见书出具 日以前已经发生的或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚 实信用原则，进行了充分的核查验证，保证本法律意见书所认定的事实真实、准 确、完整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者 重大遗漏，并对此承担相应法律责任。 北京 ...