Group 1 - The core viewpoint highlights the vibrant development of the Sci-Tech Innovation Board (科创板) since September 2025, with significant corporate buybacks and increases in shareholdings reflecting strong confidence among companies [1] - Seven companies, including灿瑞科技 and 上海谊众, have announced buyback plans with a total upper limit of 225 million yuan, while 惠泰医疗 and 深科达 plan to increase holdings with a total upper limit exceeding 166 million yuan, showcasing financial commitment [1] -芯原股份 is expected to achieve a record high quarterly revenue of 1.284 billion yuan in Q3 2025, with substantial growth of 119.74% quarter-on-quarter and 78.77% year-on-year, indicating strong growth momentum [1] Group 2 - In the first half of 2025, the Sci-Tech Innovation Board's 589 companies collectively generated revenue of 701.4 billion yuan, a year-on-year increase of 5%. Excluding four major photovoltaic companies, the revenue reached 616 billion yuan, growing by 12% [2] - The net profit for these companies was 35.6 billion yuan, reflecting an 11% year-on-year increase. Additionally, 54 unprofitable companies reported revenues of 99.9 billion yuan, an 8% increase, while their net losses shrank by 70% to 1.5 billion yuan [2] - The board's focus on "hard technology" is evident, with R&D investment exceeding 84.1 billion yuan, 2.8 times the net profit, and a median R&D investment ratio of 12.61% [2] Group 3 - The buyback and increase in holdings have boosted investor confidence, with 72 companies disclosing 76 buyback plans in 2025, totaling over 6.6 billion yuan [3] - Notable companies like广大特材 and 澜起科技 have announced multiple buyback plans, each with an upper limit of 400 million yuan, demonstrating their commitment to long-term growth [3] - In 2025, 26 companies have disclosed 29 increase plans, with a cumulative upper limit of nearly 2 billion yuan, indicating strong management confidence in corporate value [3]

Group 1 - The core point of the news is that Lexin Technology's stock price dropped by 5.01% to 189.50 CNY per share, with a trading volume of 355 million CNY and a turnover rate of 1.16%, resulting in a total market capitalization of 29.695 billion CNY [1] - Lexin Technology, established on April 29, 2008, and listed on July 22, 2019, is primarily engaged in the research, design, and sales of integrated circuit products [1] - The main revenue composition of Lexin Technology includes modules and development kits at 60.47%, chips at 38.89%, and other sources at 0.64% [1] Group 2 - From the perspective of fund holdings, one fund under Shenwan Hongyuan has heavily invested in Lexin Technology, specifically the Shenwan Hongyuan CSI 1000 Index Enhanced A fund, which increased its holdings by 52 shares to a total of 8,582 shares, accounting for 0.89% of the fund's net value [2] - The Shenwan Hongyuan CSI 1000 Index Enhanced A fund was established on February 14, 2023, with a latest scale of 87.4876 million CNY, achieving a year-to-date return of 30.8% and a one-year return of 40.61% [2] - The fund manager Liu Dun has a tenure of 8 years and 6 days, with a total asset scale of 3.457 billion CNY, while the other manager Xia Xiangquan has a tenure of 4 years and 359 days, managing assets of 922 million CNY [2]

Core Viewpoint - Guangli Microelectronics experienced a decline of 4.83% in stock price on October 10, with a trading volume of 639 million yuan, indicating a significant net financing outflow and high financing balance relative to market capitalization [1] Financing and Margin Trading - On October 10, Guangli Microelectronics had a financing buy-in amount of 43.43 million yuan and a financing repayment of 92.95 million yuan, resulting in a net financing outflow of 49.51 million yuan [1] - The total margin trading balance as of October 10 was 506 million yuan, with the financing balance accounting for 2.95% of the circulating market value, which is above the 80th percentile of the past year [1] - In terms of securities lending, 1,200 shares were repaid and 800 shares were sold on October 10, with a selling amount of 68,400 yuan, while the remaining securities lending balance was 7,800 shares, valued at 666,500 yuan, indicating a low position relative to the past year [1] Company Performance - As of June 30, Guangli Microelectronics reported a total of 29,300 shareholders, an increase of 18.89% from the previous period, with an average of 3,667 circulating shares per person, down by 15.89% [2] - For the first half of 2025, the company achieved operating revenue of 246 million yuan, representing a year-on-year growth of 43.17%, and a net profit attributable to shareholders of 15.68 million yuan, up 518.42% year-on-year [2] Dividend and Institutional Holdings - Since its A-share listing, Guangli Microelectronics has distributed a total of 217 million yuan in dividends [3] - As of June 30, 2025, among the top ten circulating shareholders, the Noan Optimized Allocation Mixed A Fund held 2.88 million shares, an increase of 398,800 shares from the previous period, while the Guolian An Zhongzheng All-Index Semiconductor Products and Equipment ETF held 1.06 million shares, up by 95,200 shares [3]

Core Viewpoint - Guobo Electronics experienced a 5.09% decline in stock price on October 10, with a trading volume of 224 million yuan, indicating market volatility and investor sentiment [1] Financing Summary - On October 10, Guobo Electronics had a financing buy-in amount of 26.94 million yuan and a net financing buy of 10.33 million yuan, with a total financing balance of 326 million yuan, which is 0.72% of its market capitalization [1] - The financing balance is at a high level, exceeding the 90th percentile of the past year [1] Short Selling Summary - On the same day, Guobo Electronics had no shares repaid in short selling, with 7,227 shares sold short, amounting to 547,500 yuan at the closing price [1] - The short selling balance is 2,670 shares, valued at 202,170 yuan, also exceeding the 90th percentile of the past year [1] Company Overview - Guobo Electronics, established on November 27, 2000, and listed on July 22, 2022, is located in Jiangning Economic and Technological Development Zone, Nanjing, Jiangsu Province [1] - The company primarily engages in the research, production, and sales of active phased array T/R components and RF integrated circuits, with revenue composition: T/R components and RF modules 88.19%, RF chips 8.49%, other chips 2.04%, and others 1.28% [1] Financial Performance - For the first half of 2025, Guobo Electronics reported a revenue of 1.07 billion yuan, a year-on-year decrease of 17.82%, and a net profit attributable to shareholders of 201 million yuan, down 17.66% year-on-year [2] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 7.39% to 7,485, while the average circulating shares per person decreased by 6.88% to 35,467 shares [2] - The company has distributed a total of 999.2 million yuan in dividends since its A-share listing [3] - Among the top ten circulating shareholders, notable changes include an increase in holdings by Huaxia Military Industry Safety Mixed A and Changcheng Jiujia Innovation Growth Mixed A [3]

Core Insights - A series of technology innovation and industrial projects are set to launch in Hubei, injecting new momentum into the province's "51020" modern industrial cluster [1] - The projects planned for the fourth quarter of 2025 will cover various fields including optoelectronic information, automotive manufacturing, and high-end equipment, with industrial projects accounting for 62.5% of the total investment [1] Group 1: Major Projects - Hubei plans to initiate significant projects including the second phase of the Wuhan Advanced Packaging Comprehensive Experimental Platform and Industrialization Base, Shiyan Yuxin Intelligent Chassis Manufacturing, and Qianjiang Tailan New Energy Solid-State Battery R&D and Industrialization [1][2] - The Wuhan Advanced Packaging project aims to establish a high-density advanced packaging pilot platform and a mass production line for high-end chips, potentially creating a complete innovation and industrial ecosystem in the region [1][2] - The Qianjiang Tailan project has a total investment of 1.5 billion yuan, focusing on solid-state battery R&D and large-scale production, contributing to the establishment of a solid-state battery technology hub [2] Group 2: Automotive and Logistics Developments - The Shiyan Yuxin Intelligent Chassis Manufacturing project, with a total investment of 2 billion yuan, will produce 300,000 sets of line control braking systems and 900,000 sets of line control steering systems, enhancing key technologies in new energy vehicles [2] - The Ezhou Zhongtong Express Central Base project, with a total investment of 2.6 billion yuan, will serve as a core operational hub for Zhongtong Express in Central China, supporting the development of a global logistics hub [3] Group 3: Social and Educational Investments - Hubei is also increasing investments in social welfare sectors, with projects like the Central China Normal University Panlongcheng Campus and Tianmen Vocational College Industry-Education Integration Base set to commence [3] - The Central China Normal University project has a total investment of 5.57 billion yuan, which will include classrooms, laboratories, research facilities, libraries, and dormitories [3]

赛道沿线成为展现海淀北部蜕变的"流动展厅"。起终点所在的西北旺镇已形成涵盖集成电路、人工智能 等领域的科创集群，中关村壹号等商务楼宇入驻企业超1250家；上庄镇南沙河滨水慢行景观提升工程完 工，11.2公里滨水空间缝合蓝绿生态；苏家坨镇以"生态+文化+科技"融合发展，大西山乡村旅游示范带 吸引众多跑者驻足；温泉镇则凭借中关村环保科技示范园等园区，展现科技创新与生态宜居的协同发 展。 海淀区有关负责人介绍，作为北京地区最具特色的马拉松赛事之一，2025北京建工海淀马拉松通过更完 善的体系与更丰富的体验，让万名跑者在赛道上亲身感受海淀从历史文脉到现代创新的深度交融，见证 一座科创之城的蓬勃活力与无限未来。 新京报讯（记者吴为）10月12日，2025北京建工海淀马拉松在中关村壹号鸣枪开跑。作为中国田径协会 认证的A1类赛事，本届马拉松以"智汇海马，领跑未来"为主题，吸引万名跑者参与。在42.195公里赛道 里，"科技+人文+活力"的融合特色贯穿全程，展现了海淀作为科技创新之城的赛事组织实力，也串联 起西北旺镇、上庄镇、苏家坨镇、温泉镇的发展新貌。 据悉，科技赋能是本届赛事最鲜明的标签。组委会升级"智能+智慧"双引擎 ...

商报讯(记者汤佳烨通讯员周敏伟)近日，一批货值约15万元的集成电路生产设备零备件，经钱江海关监 管放行后，运抵史陶比尔(杭州)精密机械电子有限公司，并第一时间投入使用。 "以往，这些零备件如果遇到进口查验，需要进行现场检验和取样送检，检验结果合格后方能投入使 用。"企业关务负责人沈俊表示，"有时候这些零备件比较急用，我们很希望能够有更加快速便捷的监管 方式。"了解到辖区集成电路产业需求后，杭州海关积极探索进口集成电路产业生产设备零备件差异化 合格评定模式，希望能让通过海关高级认证的集成电路生产企业，在进口成套项目及维修用的零备件 时，可以享受"合格保证+符合性验证"的检验监管模式。 今年4月11日，该模式正式获海关总署批复并开展试点，通过该模式，符合条件的企业，只需要向主管 海关提交相关资料，由海关对企业及商品等信息开展符合性评估，合格后即可放行通关，原则上不再实 施现场检验和取样送检。"通过海关推出的便利举措，我们现在进口零备件的时间压缩了近九成。"沈俊 表示。 "为帮助企业用足用好政策红利，我们对关区集成电路生产企业主要进口零备件情况进行调研梳理，将 企业急需且风险较低的19项产品列入实施差异化清单目录， ...

Core Insights - The emphasis on technological modernization as a foundation for national strength and high-quality development is highlighted, with a focus on breakthroughs in "bottleneck" technologies during the 14th Five-Year Plan period [1][2] - The transformation of external pressures into opportunities for innovation and self-reliance is underscored, showcasing advancements in domestic technologies such as operating systems and high-end bearings [2][3] - The importance of a coordinated effort in tackling key technological challenges is emphasized, with a call for reforms to enhance the innovation ecosystem and empower enterprises [3][4] Group 1 - The breakthroughs in "bottleneck" technologies enhance national confidence and collective spirit, reflecting a resilient attitude towards external challenges [1][3] - The development of domestic operating systems and high-end bearings strengthens strategic autonomy in key industries, contributing to a more robust digital economy [2][3] - The shift from dependency to self-sufficiency in technology is evident, with significant advancements in lithium battery production and laser radar technology [2][3] Group 2 - The coordinated national effort in addressing technological challenges is crucial, leveraging the advantages of the new type of national system to focus on critical areas like integrated circuits and basic software [3][4] - The resilience of the Chinese industrial and supply chain is demonstrated through examples such as Huawei's recovery in chip development and Zhejiang Yiwu's export growth despite external pressures [3][4] - The recognition of China's innovation capabilities is reflected in its ranking in the Global Innovation Index, marking a significant milestone in the country's modernization journey [4]

香港聯合交易所有限公司及證券及期貨事務監察委員會對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 意 見，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 NEXCHIP SEMICONDUCTOR CORPORATION* 合肥晶合集成電路股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 警 告 本公告乃根據香港聯合交易所有限公司（「聯交所」）以及證券及期貨事務監察 委員會（「證監會」）的 規 定 而 刊 發，僅 用 作 向 香 港 的 公 眾 人 士 提 供 資 料。 閣 下 閱 覽 本 公 告，即 代 表 閣 下 知 悉、接 納 並 向 合 肥 晶 合 集 成 電 路 股 份 有 限 公 司 （「本公司」）、其 獨 家 保 薦 人、整 體 協 調 人、顧 問 或 包 銷 團 成 員 表 示 同 意： (a) 在聯交所網站登載本公告，並不引起本公司、其獨家保薦人、整體協調人、 顧問或包銷團成員須在香港或任何其他司法權區進行發售或配售活動的 責 任。本 公 司 最 終 會 否 進 行 發 售 ...

Group 1: Market Performance and Growth - The STAR Market has shown significant vitality since September, with companies like Chipone Technology (688521.SH) expected to achieve a record quarterly revenue of 1.284 billion yuan in Q3 2025, marking a substantial increase of 119.74% quarter-on-quarter and 78.77% year-on-year [1] - In the first half of 2025, 589 companies on the STAR Market collectively generated revenues of 701.4 billion yuan, reflecting a year-on-year growth of 5%. Excluding four major photovoltaic companies, the revenue growth was 12% [3] Group 2: Research and Development Advancements - Multiple companies have reported significant R&D breakthroughs, including DiAo Microelectronics (688381.SH) with its eUSB repeater product, and Guoxin Technology (688262.SH) successfully testing a new generation automotive electronic chip [1] - The STAR Market's overall R&D investment exceeded 84.1 billion yuan in the first half of 2025, which is 2.8 times the net profit, with a median R&D investment ratio of 12.61% [3] Group 3: Biopharmaceutical Innovations - In the biopharmaceutical sector, companies like Sunshine Nuohuo (688621.SH) and Baike Biotechnology (688276.SH) received clinical trial approvals for innovative projects, enhancing their product pipelines [2] - BeiGene (688235.SH) is projected to achieve nearly 19 billion yuan in global sales for its drug Zebrutinib in 2024, indicating strong market potential [4] Group 4: Corporate Confidence and Share Buybacks - Seven companies, including Canray Technology (688061.SH), announced share buyback plans totaling up to 225 million yuan, reflecting strong corporate confidence [2] - Since the beginning of 2025, 72 companies have disclosed 76 buyback plans with a total proposed amount exceeding 6.6 billion yuan, indicating a robust trend in corporate buybacks [4] Group 5: Industry Structure and Competitive Landscape - The STAR Market has established a "chain-group" development pattern, with over 120 companies in the integrated circuit sector covering the entire industry chain, representing more than 60% of A-share companies in the same field [2] - The hard technology sector is transitioning from a follower to a leader, with significant breakthroughs in key areas such as semiconductor equipment and biopharmaceuticals [4]