公司二季度通过设立、投资等方式实现对半导体材料及设备的战略布局。随着联合化学在高性能及功能 化方向的持续延伸，公司开始谋求半导体领域布局，2025年则通过"内生+外延"等形式迈出从"传统制 造"向"科技驱动"转型的关键一步。 今年5月公司完成启辰半导体子公司的设立，以期实现苯乙烯类光刻胶单体、树脂、苯乙烯UV单体、树 脂、OLED半导体化学品、电子级溶剂等的研发、生产、销售。 10月24日晚，联合化学(301209)披露2025年前三季度业绩报告。数据显示，今年前三季度公司实现营业 收入3.88亿元，实现净利润4741.54万元，同比增长7.56%。基本每股收益0.4234元，同比增长7.57%。 在全球经济环境变化的背景下，公司在传统业务板块保持稳定。作为偶氮类有机颜料、挤水基墨赛道的 细分龙头，联合化学所处的偶氮类有机颜料作为传统的有机着色剂，近两年随着环保法规趋严、下游产 业升级以及新兴市场需求增长，行业呈现出向环保化、高性能化、功能化方向发展的趋势。 近年来，公司整体业绩稳健，截至今年三季度，公司总资产达9.68亿元，较上年度末增加10.92%；经营 活动产生的现金流量净额为5041.08万元，较上年 ...

Core Insights - Xiaomi has invested in Qichip Microelectronics, a company specializing in automotive high-end controller chips, indicating a strategic move to strengthen its position in the automotive sector [1][5] - The automotive controller chip is crucial for various functions in smart vehicles, including battery management and decision-making for autonomous driving, highlighting the increasing demand for advanced chip technology in the automotive industry [3][5] - By acquiring a stake in Qichip Microelectronics, Xiaomi aims to secure a stable supply of chips for its future vehicle models, ensuring better control over costs and technology development [5][7] Industry Context - The smart automotive market has seen exponential growth in the past two years, with increasing requirements for chip performance and stability, particularly for levels of automation from L2 to L4 [3] - There are limited domestic companies capable of producing high-end automotive controller chips, making Qichip Microelectronics a valuable player in this niche market [3][5] - Xiaomi's investment reflects a broader trend in the tech industry where companies are integrating vertically to maintain control over core technologies, from research and development to supply chain management [5][7]

Group 1 - The core viewpoint of the article is that Jingwei Huikai (300120) announced on September 12 that it considers Nors as one of the targets for its semiconductor layout, but not the only one, indicating the company's ongoing search for other quality targets [1] Group 2 - The company has not abandoned its efforts to find additional high-quality targets in the semiconductor sector [1]

Core Viewpoint - The company has strategically positioned itself in key areas such as display semiconductors, optical communication semiconductors, MEMS sensors, CIS sensors, and power devices, indicating a focus on advanced technology sectors [1] Group 1: Company Product Offerings - The main products include Mini LED/Micro LED chip sorting machines, AOI inspection equipment, precision placement devices for optical communication chips, die bonding machines, wafer chip sorting machines, CIS-FT testing machines, multi-chip die bonding machines, wafer transfer systems (EFEM), and Mini LED direct display backlight die bonding machines [1]