Group 1 - The core viewpoint of the article highlights that Gao Yi Asset recently conducted research on Fudan Microelectronics, focusing on their new generation of 1xnm FinFET advanced process FPGA products, which have received positive feedback from customers [1] - Fudan Microelectronics has completed sample testing for multiple FPGA products, offering differentiated performance and pricing to provide customers with diverse choices [1] - The company anticipates a credit impairment loss of approximately 45.68 million yuan for accounts receivable in 2024, primarily due to the aging of receivables from highly reliable customers [1] Group 2 - Fudan Microelectronics aims to stabilize performance and expand market share through various strategies in 2024, despite facing significant competition in smart card products [1] - The company reports good expansion in RFID products and a positive outlook for the smart meter product line [1] - In 2024, overseas sales are expected to account for about 5.6% of total sales, with direct exports to the U.S. valued at approximately $40,000, mainly consisting of financial card chips [1]

调研纪要：嘉益股份表示，当前公司生产经营情况一切正常，生产订单有序发货，近期国际市场的关税 政策变动未对公司经营情况造成重大不利影响。公司与客户保持紧密合作，对未来政策变动持续观望。 2025年越南生产基地将完成产能布局，覆盖比例将结合客户需求和市场拓展综合判断。越南生产基地爬 坡顺利，公司推进供应链本土化，具备全流程生产能力，符合原产地认证要求。当前阶段公司主要客户 尚未发生终端价格调整，资本支出计划稳健，分红总额持续增加。下游客户动销情况良好，海外无规模 较大保温杯供应商。相同产品在越南和中国的售价保持一致，越南原材料价格受当地汇率波动影响。二 厂产能方案尚在规划中，拟投资2,800万美元，具备全球建厂能力。保温杯市场景气度从北美向全球蔓 延，消费属性增强。 机构简介： 根据市场公开信息及4月11日披露的机构调研信息，知名私募同犇投资近期对1家上市公司进行了调研， 相关名单如下： 1）嘉益股份 （上海同犇投资参与公司电话会议） 同犇投资是一家有特色的阳光私募。公司成立于2014年1月，实缴资本1000万，2014年5月4日获得私募 投资基金管理人登记证书，是为数不多的由新财富最佳分析师创建的阳光私募，也是 ...