12月7日晚，昂瑞微（即北京昂瑞微电子技术股份有限公司；688790.SH）公布申购结果，回拨机制启动后，其网上发行最终中签率仅约为0.0345%，比摩尔 线程更难"抢"。 继摩尔线程之后，科创板成长层本月有望迎来另一家集成电路领域的京籍硬科技公司。 社保基金等"长钱"代表获配近150万股 昂瑞微0.0345%中签率水平意味着，每1万个配号里平均只有3.4个能够成功中签，比2025年12月5日刚刚上市的摩尔线程（688795.SH）申购情况还要抢手。 摩尔线程上市首日涨幅水平超过425%，这也让市场对昂瑞微登陆科创板的首日表现充满期待。 | 证券代码 | 证券简称 | | | --- | --- | --- | | 688795.SH | C摩尔-U | 20 | | 688759.SH | 必贝特-U | 20 | | 688765.SH | 木元生物-U | 20 | | 688783.SH | 西安奕材-U | 20 | 2025年内已上市的4家尚未盈利科创板成长层企业中签率等情况比较（截至2025年12月7日，数据来源：Wind） 同摩尔线程类似，从12月5日公告来看，昂瑞微本次发行的战略配售名单堪称 ...

Core Insights - Wuxi is focusing on building an internationally competitive integrated circuit industry cluster, with significant investments and projects signed during the 2025 Integrated Circuit (Wuxi) Innovation Development Conference [1] Industry Overview - A total of 57 projects were signed, with 55 being industrial projects and a total investment of 17.721 billion yuan [1] - The integrated circuit industry in Wuxi is projected to have over 600 companies by 2024, generating revenue of 226.834 billion yuan, with the design, manufacturing, and testing sectors accounting for 149.639 billion yuan, representing 10.4% of the national total and 40.7% of Jiangsu province's total [2] - In the first half of 2025, the revenue of the integrated circuit industry in Wuxi is expected to grow by 12% year-on-year [2] Competitive Advantages - Wuxi has established a complete industrial chain in the integrated circuit sector, excelling in design, manufacturing, and testing [2][3] - The city has a strong presence in analog circuit design and is expanding into high-end digital circuits, with companies like Zhaoxin Micro and Chipone Technology leading the way [2] - Wuxi's wafer manufacturing has pioneered domestic foundry models, with a monthly production capacity exceeding 1 million 8-inch wafers [2] Testing and Packaging - Wuxi's integrated circuit packaging and testing industry is nationally leading in both scale and technology, featuring companies like Longji Technology and Allwinner Technology [3] - The city hosts the only national-level manufacturing innovation center for integrated circuit specialty processes and packaging testing [3] Strategic Development - The Integrated Circuit (Wuxi) Innovation Development Conference aims to promote industrial progress and has become a significant event in the semiconductor field [4] - The conference features a "1+5" structure, including a main opening ceremony and five thematic activities, focusing on areas such as artificial intelligence and advanced packaging [4] Future Directions - Wuxi is focusing on high-end chip design and upgrading traditional packaging to advanced packaging, aiming to lead domestic development in the post-Moore era [5] - The city is encouraged to enhance the development of semiconductor equipment and key components, promoting domestic production levels [5] - New public service platforms and research institutions are being established to support innovation in the integrated circuit sector [5]

Group 1 - The core viewpoint of the articles highlights Shanghai's significant advancements in the semiconductor industry, emphasizing its strategic importance and growth potential [1][2][3] - Shanghai's integrated circuit industry scale surpassed 390 billion yuan in 2024, accounting for approximately 25% of the national total, with a year-on-year growth of 20% in the first half of the year [1] - The city has over 1,200 semiconductor enterprises and gathers about 40% of the nation's specialized talent, positioning itself as a global leader in the semiconductor sector [1] Group 2 - Shanghai has established a 100 billion yuan leading industry fund to invest in integrated circuits and other key industries, supporting mergers and acquisitions to strengthen the industry [2] - The city has formed various innovation centers, including EDA and RISC-V, to enhance research and development across multiple sectors, including automotive electronics [2] - Future initiatives will focus on accelerating industrial innovation, optimizing industrial layout, and improving the business environment through enhanced support for talent and international cooperation [3]