公众号记得加星标⭐️，第一时间看推送不会错过。 按 四 个 季 度 计 算 ， 总 体 增 长 率 为 10.4% ， 但 亚 太 地 区 （ 主 要 是 中 国 ） 的 EDA 和 IP 收 入 仅 增 长 了 7.2%，而美洲地区的增长率为14.1%。同期，欧洲、中东和非洲地区的增长率为10.7%。参见下图 2。 计算机辅助工程收入增长17.2%，达到19.29亿美元； IC物理设计和验证收入与2025年第一季度一样下降9.9%至7.019亿美元； PCB和MCM收入增长7.8%至4.305亿美元； 半导体知识产权（SIP）收入增长 8.7%，达到 18.27 亿美元，服务收入增长 11.9% 至 2.012 亿美 元。 | | | | | | | | | Four-Quarter Moving Average ($ Millions) + | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Americas | | | | ...

全球有三大EDA巨头，分别是Synopsys，Cadence和Mentor，这三大企业其实都是美国的，不过后来西 门子收购了Mentor，但实际上它也是美国企业。 这三大美系EDA，占到全球85%以上的市场份额，几乎全球的芯片设计企业，都要找它们购买EDA授 权，以及IP授权等。 不过，近日一则消息传出，让整个EDA市场，都一片风声鹤唳，那就是新思科技（Synopsys）二季度业 绩非常差，且对接下来的第四季度以及全年的预测也非常差。 于是Synopsys表示要全球裁员10%，导致股价一夜大跌35%，折算成市值的话就是一夜之间就蒸发了400 亿美元，目前只有720多亿美元了，之前一天还有1122亿美元的市场。 如果折算成人民币，相当于一夜之间，就是2800多亿元不见了。 为什么会跌的这么惨？原因主要是因为中国市场不买单，对其不信任了。 我们知道，之前美国卡住了中国的EDA，限制EDA/IP的出口，Synopsys是最快响应的一家，以最快的 速度将中国大陆Solvenet访问权限关断。 虽然似乎也没有太多可指责的，毕竟是响应美国的禁令，但是它既然敢于这样干，那么中国用户也不会 惯着它吧，所以当禁令解除了，大家也 ...

Summary of EDA Industry Conference Call Industry Overview - The EDA (Electronic Design Automation) industry in China is experiencing significant changes due to fluctuating U.S. policies towards China, which has increased the demand for domestic alternatives [1][3][7] - Domestic EDA companies are benefiting from the localization needs of major firms like Huawei, with rapid improvements in the localization rate for design EDA tools [1][3] Key Companies and Developments - Major domestic EDA companies include Huada Jiutian, Guangliwei, and Gai Lun, while the global market is dominated by Synopsys, Cadence, and Mentor [4][5] - Synopsys plans to acquire ANSYS, indicating a trend of consolidation in the global EDA market [5] - Huada Jiutian reported a 13% year-on-year revenue growth in the first half of the year, with a 73% increase in non-GAAP profits [1][10] Market Dynamics - The EDA industry is characterized by a "stronger getting stronger" dynamic, with ongoing mergers and acquisitions [5][9] - Domestic EDA companies face challenges in valuation and funding, with high valuations in the primary market and declining revenues leading to difficult price negotiations [8][9] Technological Advancements - In design EDA, Huawei's internal localization rate has increased from 50% in 2024 to 100% in 2025, showcasing significant progress in domestic capabilities [6] - Manufacturing EDA development varies by customer type, with 7nm technology being largely achievable and some tools reaching 5nm levels [6] Future Outlook - The potential for a complete decoupling between the U.S. and China in the EDA sector is anticipated, which could accelerate the push for domestic technology independence [7] - The next one to two years may present favorable conditions for acquisitions as domestic companies may face funding challenges [8] Investment Considerations - Current recommendations advise against high-risk investments in domestic EDA companies, with a focus on Huada Jiutian for long-term prospects due to its comprehensive industry layout [11] - The macroeconomic environment and policy changes may serve as catalysts for the industry in the latter half of the year [11]

Core Viewpoint - The article discusses the upcoming Intelligent Design Automation Summit 2025 (IDAS 2025), focusing on the rapid restructuring of the global semiconductor industry and the need for diverse supply chains and EDA technology advancements [3][4]. Event Overview - IDAS 2025 will take place on September 15-16, 2025, at the Hangzhou International Expo Center, aiming to gather key players from the semiconductor industry, including leading companies, universities, and research institutions [3][4]. - The summit will feature a main forum, 12 specialized forums, and related enterprise user conferences, expecting over 500 leading semiconductor companies and 2,500 professional attendees [4]. Themes and Topics - The summit will cover a wide range of topics from circuit-level to system-level design, including analog and digital circuit design, chip manufacturing, and packaging [3][4]. - Key discussion areas will include AI for EDA, 3D IC, and various technological roadmaps, with a focus on sharing the latest research findings and analyzing macro trends in the industry [4]. Agenda Highlights - The agenda includes an opening ceremony and main forum on September 15, followed by specialized forums covering topics such as custom design, memory design, and advanced packaging [11][12]. - On September 16, the main forum will address solutions for improving chip lifecycle yield, alongside various specialized discussions on AI technology applications in semiconductors [13][15]. Participation and Registration - Registration for the summit is currently open, with multiple ways to sign up, including through the EDA² official website and the "EDA Square" WeChat account [6][7][9].

Core Viewpoint - The article emphasizes the shift in focus towards domestic electronic design automation (EDA) tools in the semiconductor industry, driven by the increased production capacity of Changxin Memory and Yangtze Memory Technologies, aiming to reduce reliance on foreign technologies [1][5]. Group 1: DRAM Production - Changxin Memory's DRAM production capacity is expected to experience explosive growth by 2025, with monthly output increasing from 100,000 wafers in 2024 to 200,000 wafers, totaling an annual output of 2.73 million wafers [3]. - The collaboration with domestic EDA companies like Huada Jiutian has enabled a fully localized support system from design to mass production, enhancing competitiveness against international manufacturers [3]. Group 2: NAND Flash Production - Yangtze Memory's first fully domestic trial line for NAND flash is set to begin production in the second half of 2025, targeting a global market share of 15% by 2026 [4]. - The introduction of self-developed technologies and domestic equipment has led to the mass production of the 294-layer X4-9070 chip, achieving an interface speed of 3600 MT/s [4]. Group 3: EDA Tool Development - Despite the temporary lifting of U.S. export restrictions on EDA tools in July 2025, the urgency for self-sufficiency in the industry has been recognized [5]. - Companies like Hejian Software are rapidly innovating to meet market demands, with their new generation of hardware systems significantly enhancing verification capabilities [5]. - The domestic EDA market is projected to reach 14.95 billion yuan by 2025, with an expected localization rate of 17% [5]. Group 4: Market Dynamics - The global EDA market is still dominated by three major players—Synopsys, Cadence, and Siemens—holding over 80% market share, making it challenging for domestic tools to compete in the short term [6]. - Chinese companies are adopting a collaborative innovation model to overcome barriers, focusing on the integration of EDA tools and foundational software [6]. - The evolution from point tools to comprehensive process coverage signifies a transition of the Chinese EDA industry from a replacement phase to an innovation phase, supporting the country's shift from a "manufacturing giant" to a "design powerhouse" [6].

Fundraising Overview - The company raised a total of RMB 3,549,753,292.26 from the public offering of 108,588,354 shares at a price of RMB 32.69 per share, with a net amount of RMB 3,471,727,753.82 after deducting issuance costs [1][2] - As of June 30, 2025, the remaining balance of the raised funds is RMB 965,810,000.00, with a total of RMB 2,471,903,602.72 used [1][2] Fund Management - The company has established a management method for the raised funds, ensuring compliance with relevant laws and regulations [1][2] - As of June 30, 2025, the total amount of idle raised funds used for cash management is RMB 965,810,000.00, with specific investments in structured deposits and seven-day notice deposits [2][5] Investment Projects - The company has not changed the use of the raised funds or transferred any investment projects during the reporting period [2][4] - The company has adjusted the expected completion dates for several EDA tool projects due to external market conditions, with new completion dates set for December 31, 2024, and December 31, 2025 [3][4] Cash Management - The company approved the use of up to RMB 1.2 billion of idle raised funds for cash management, with a balance of RMB 965,810,000.00 as of June 30, 2025 [2][5] - The cash management products include structured deposits with varying interest rates and seven-day notice deposits [2][5] Compliance and Reporting - The company confirms that the disclosure of the use of raised funds aligns with actual usage, with no violations reported [2][6] - There are no significant changes in the feasibility of the investment projects, and the company continues to adhere to its planned investment strategies [4][6]

Core Viewpoint - The company reported a revenue of 502 million yuan for the first half of 2025, reflecting a year-on-year growth of 13.01%. However, the net profit attributable to shareholders decreased significantly by 91.90% to 3.0679 million yuan [1]. Financial Performance - Revenue: 502 million yuan, up 13.01% year-on-year [1] - Net Profit: 3.0679 million yuan, down 91.90% year-on-year [1] - Net Loss (after excluding non-recurring items): 18.621 million yuan, a reduction in loss by 63.66% year-on-year [1] - Basic Earnings Per Share: 0.0057 yuan [1]

Group 1 - The company reported a revenue of 502 million yuan for the first half of 2025, representing a year-on-year growth of 13.01% [1] - The net profit attributable to shareholders of the listed company was 3.0679 million yuan, showing a significant year-on-year decline of 91.90% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -18.621 million yuan [1] - The basic earnings per share were 0.0057 yuan [1]

Group 1 - The company, BGI Genomics (华大九天), reported a revenue of 502 million yuan for the first half of 2025, representing a year-on-year growth of 13.01% [1] - The net profit attributable to shareholders of the listed company was 3.0679 million yuan, showing a significant decline of 91.9% compared to the previous year [1]

Group 1 - The company Huada Jiutian announced the convening of its first extraordinary general meeting of shareholders in 2025 on August 8, 2025 [2] - The meeting will review and approve the proposal regarding the supplementary election of non-independent directors for the company's second board of directors [2]