Core Insights - The event in Chongqing marked the launch of a pilot program aimed at promoting tech-finance integration for the development of the cities of Chongqing and Chengdu [1][2] - The high-tech zone is leveraging tech-finance to support the growth of sci-tech startups and create an international innovation ecosystem [2][3] Tech-Finance Integration - Innovative tech-finance practices are bridging various chains including talent, innovation, industrial, and international resource chains [3] - The high-tech zone has introduced new capital investment models, such as angel funds and a mechanism of "R&D/investment first, equity acquisition later," to address initial financing challenges for sci-tech enterprises [3] Talent and R&D Development - Financial empowerment has led to an influx of international talent and the commercialization of scientific breakthroughs, with the establishment of Chongqing's first international talent innovation and entrepreneurship service hub [4] - The talent pool in the high-tech zone has been expanding at an average annual rate exceeding 15%, supported by high-tier R&D platforms like Jinfeng Laboratory [4] Industrial Growth and Ecosystem - The integration of industrial internationalization and urban function enhancement is progressing within an open ecosystem, with tech-finance support driving growth in sectors such as intelligent connected new energy vehicles and integrated circuits [5] - The high-tech zone is deeply integrated into global cooperation networks, enhancing international digital connectivity and regulatory alignment through initiatives like the China-Singapore (Chongqing) Demonstration Initiative [6] Global Innovation Integration - Through innovative tech-finance mechanisms, the high-tech zone is systematically integrating global innovation elements, facilitating the convergence of talent, technology, capital, and information [7] - A world-oriented, influential science and future city is emerging rapidly in Chongqing [7]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 湖南国科微电子股份有限公司（以下简称"公司"）于2025年12月8日完成2021年限制性股票激励计划部 分股份回购注销事项，本次回购注销限制性股票共计38,220股，公司注册资本由217,140,672元（股）变 更为217,102,452元（股）。具体内容详见公司在巨潮资讯网（http://www.cninfo.com.cn）上披露的《关 于部分限制性股票回购注销完成的公告》（公告编号：2025-073）。 公司于近日办理完成了上述事项的工商变更登记手续，并取得了长沙经济技术开发区管理委员会换发的 《营业执照》，本次变更后的工商登记基本信息如下： 统一社会信用代码：9143010068031562X6 名 称：湖南国科微电子股份有限公司 类 型：股份有限公司（上市、自然人投资或控股） 证券代码：300672 证券简称：国科微 公告编号：2025-079 湖南国科微电子股份有限公司 关于完成工商变更登记并换发营业执照的公告 经营范围：集成电路的设计、产品开发、生产 ...

Core Viewpoint - Angrui Micro officially listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 16, marking its entry into the A-share market as a company focused on RF and analog integrated circuit design [2][4]. Group 1: Listing Performance - On its first trading day, Angrui Micro opened at 240 CNY per share, a 188.95% increase from the issue price of 83.06 CNY per share [2][6]. - The stock reached a peak of 244 CNY per share during the day, reflecting a 193.76% increase, and closed at 216.05 CNY per share, up 160.11% [2][5][6]. - The total market capitalization at the end of the first trading day was 21.504 billion CNY [2]. Group 2: Company Strategy and Vision - Angrui Micro has consistently focused on high-performance and high-reliability chip products and technology solutions in the RF and analog integrated circuit design sector [4]. - The company aims to become a world-class chip company in the RF and analog fields, enhancing core technologies and expanding into high-growth sectors such as smart automotive, satellite communication, and smart industrial applications [4][12]. Group 3: Future Development and Funding - The company raised 2.067 billion CNY through its IPO, which will be allocated to three main areas: R&D and industrialization of 5G RF front-end chips and modules, RF SoC R&D and industrialization, and the construction of its headquarters and R&D center [12]. - Angrui Micro is focusing on upgrading 5G modules to meet new customer demands for satellite communication and ultra-thin mobile devices [12]. - The company has also developed a low-power Bluetooth product with a sensitivity of -98dBm, showcasing its competitive edge in the IoT SoC chip market [12]. Group 4: Market Opportunities - Satellite communication is a key focus area, with the company having accumulated relevant technology since 2017 and developed solutions for various devices [13]. - The automotive sector represents another growth opportunity, with Angrui Micro having completed AEC-Q100 certification for automotive-grade RF chips and entering the supply chains of major automotive brands [13].

Core Viewpoint - Angrui Microelectronics Technology Co., Ltd. (stock code: 688790) was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board, with an opening price of 240.00 CNY and a closing price of 216.05 CNY, reflecting a rise of 160.11% and a trading volume of 2.061 billion CNY [1]. Company Overview - Angrui Micro is focused on integrated circuit design in the RF and analog fields, recognized as a national-level "little giant" enterprise [1]. - The company specializes in the research, design, and sales of RF front-end chips, RF SoC chips, and other analog chips [1]. Shareholding Structure - The company's shares are widely held, with no single shareholder controlling more than 30% of voting rights, thus no controlling shareholder is identified [1]. - The actual controller, Qian Yongxue, holds 3.8578% of shares directly and controls 52.4783% of voting rights post-IPO [2]. IPO Details - Angrui Micro's IPO involved issuing 24.882922 million shares, accounting for 25.00% of the total post-issue share capital, at a price of 83.06 CNY per share [3]. - The total funds raised amounted to 206.67755 million CNY, with a net amount of 193.23227 million CNY after deducting issuance costs [4]. Fund Utilization - The raised funds will be allocated to projects including the R&D and industrialization of 5G RF front-end chips and modules, RF SoC R&D, and the construction of headquarters and R&D centers [4][5]. Financial Performance - Revenue for 2022, 2023, and 2024 was reported as 923.0447 million CNY, 1.6948705 billion CNY, and 2.1013197 billion CNY respectively, with net losses of -289.8854 million CNY, -450.1332 million CNY, and -64.7092 million CNY [6][7]. - The company reported a significant increase in cash flow from operating activities in 2025, with a net cash flow of 7.51225 million CNY [8]. Future Projections - For 2025, Angrui Micro anticipates revenue between 1.9054112 billion CNY and 2.2749068 billion CNY, with net losses projected between -112.86 million CNY and -41.7088 million CNY [11]. - The company expects to continue facing cumulative losses, which will prevent cash dividends to shareholders for a certain period [12].

国内射频前端公司中，昂瑞微、唯捷创芯、飞骧科技和慧智微以发射端为主，卓胜微产品以射频开关及接收 模组为主。根据年度报告和招股说明书，2024年卓胜微、飞骧科技、唯捷创芯和慧智微的营业收入分别为 44.87亿元、24.58亿元、21.03亿元和5.24亿元，而昂瑞微2024年营业收入为21.01亿元(其中射频前端收入17.90 亿元)，收入规模在以发射端产品为主的国产射频前端厂商中排名前三。 报告期内，公司核心产品线主要包括面向智能移动终端的5G/4G/3G/2G全系列射频前端芯片产品(包括射频前 端模组及功率放大器、射频开关、LNA等)以及面向物联网的射频SoC芯片产品(包括低功耗蓝牙类及2.4GHz私 有协议类无线通信芯片)。凭借优异的技术实力、产品性能和客户服务能力，公司积累了丰富的客户资源，并 在市场上形成了良好的口碑，公司射频前端芯片产品已在荣耀、三星、vivo、小米、OPPO、联想(moto)、传 音、realme等知名品牌终端客户实现规模销售，同时，射频SoC芯片产品已导入阿里、拼多多、小米、联想、 客户C、客户D、比亚迪、九号、台铃、汉朔、三诺医疗、凯迪仕、华立科技、惠普、客户G、RemoteS ...

Group 1 - The core point of the article is that OmniVision Technologies, Inc. has begun its pre-roadshow for a Hong Kong listing, aiming to raise approximately $1 billion [1] Group 2 - The company is reportedly working with financial advisors to facilitate the listing process [1] - The move to list in Hong Kong indicates the company's strategy to tap into Asian markets for capital [1] - The planned fundraising of $1 billion reflects the company's growth ambitions and potential investment opportunities [1]

Core Viewpoint - Hengshui Chaosheng Technology Co., Ltd. has been established with a registered capital of 100,000 RMB, focusing on various technology and electronic components services [1] Company Overview - The legal representative of the company is Yue Qiang [1] - The registered capital is 100,000 RMB [1] Business Scope - The company engages in a wide range of activities including technology services, development, consulting, and transfer [1] - It is involved in integrated circuit manufacturing, sales, design, and related services [1] - The company also deals in electronic components manufacturing and retail [1] - Additional activities include software development and sales, import and export of goods and technology, and various sales of hardware products [1]

Group 1: Economic Contributions and Development Goals - Zhuhai contributes 3.3% of Guangdong's GDP and 4% of the industrial added value with only 1% of the land and 2% of the population [1] - The city aims to become a core city on the west bank of the Pearl River and a significant growth pole in the Guangdong-Hong Kong-Macao Greater Bay Area [1] - The development strategy will shift from "scale expansion" to "advantage forging" to promote technological innovation [1] Group 2: Industrial Growth and Innovation - Zhuhai is focusing on creating a new growth pole for the industrial economy through the integration of industry, technology, and innovative applications [2] - The city has implemented various policies to support new productive forces, including a fund of 80 billion yuan for innovation and the issuance of 5 billion yuan in computing power vouchers [2] - The core AI industry in Zhuhai grew by 23% and the robotics industry by 17% in the first three quarters of the year [3] Group 3: Industrial Performance Metrics - Over the past five years, Zhuhai's industrial output value and software service revenue have increased by 46% and 141%, respectively [3] - The industrial and information technology sectors accounted for 42.5% of GDP, contributing 73.9% to GDP growth [3] - Zhuhai's industrial profit margin is 9.3%, the highest in the province, and R&D investment accounts for 4.57% of GDP, the second highest in the province [4] Group 4: Infrastructure and Cross-Border Cooperation - The Hong Kong-Zhuhai-Macao Bridge has facilitated significant cross-border trade, with nearly 1 billion travelers and over 1.2 trillion yuan in import-export value since its opening [6] - Cross-border e-commerce exports through the bridge reached 764.6 billion yuan, a 99.2% increase year-on-year [7] - Zhuhai is establishing a RISC-V chip testing center and an open-source semiconductor research institute to enhance its technological capabilities [8] Group 5: Collaborative Development with Macao - The collaboration between Zhuhai and Macao aims to address challenges faced by global tech companies entering the Greater Bay Area market [9] - Zhuhai's manufacturing base and complete industrial chain provide a platform for rapid transformation of technological innovations into mass production [9] - The city plans to continue enhancing the quality of life and economic integration in the Greater Bay Area during the "15th Five-Year Plan" [9]

Core Insights - The launch of the "Cluster Quick Loan" product by China Construction Bank aims to provide tailored financial support to Shanghai's five major advanced manufacturing industry clusters, including integrated circuits, biomedicine, and new energy vehicles [1][3][7] Group 1: Financial Innovation - The "Cluster Quick Loan" addresses the financing challenges faced by technology-driven enterprises, which often lack effective collateral and experience mismatches between funding needs and short-term loan durations [3][4] - The product utilizes a big data risk control model to integrate various credit factors, enabling online processing and offering favorable long-term, low-interest loan conditions [3][4] Group 2: Collaborative Ecosystem - A collaborative ecosystem involving government, banks, and enterprises is being established in Zhangjiang Science City, enhancing the efficiency of financial services for innovative companies [4][6] - The Zhangjiang Financing Service Center effectively breaks down information barriers between banks and enterprises, allowing for more accurate identification of quality tech companies [4][6] Group 3: Efficient Service Delivery - In Jiading District, a rapid financial service initiative has been implemented, identifying 383 key enterprises within three weeks, showcasing the efficiency of the "Jiading Speed" in financial product delivery [5][6] - The collaboration between various stakeholders has improved the quality and efficiency of financial services to the real economy [6] Group 4: Modern Industrial Support - The successful implementation of the "Cluster Quick Loan" is a practical step towards supporting Shanghai's strategic emerging industries and aligns with the city's goal of becoming a globally influential technology innovation center [7] - The shift from serving individual enterprises to focusing on industry clusters enhances service efficiency and risk management capabilities [7]

（记者 曾健辉） 截至发稿，泰凌微市值为106亿元。 每经头条（nbdtoutiao）——专访管涛：美国政府经济贸易政策正逐渐动摇美元本位国际货币体系，利 多因素下人民币汇率有可能破7 每经AI快讯，泰凌微（SH 688591，收盘价：44.14元）12月11日晚间发布公告称，公司第二届第十七次 董事会会议于2025年12月11日以通讯方式召开。会议审议了《关于向2024年限制性股票与股票增值权激 励计划激励对象第二次授予预留限制性股票的议案》等文件。 2024年1至12月份，泰凌微的营业收入构成为：集成电路占比100.0%。 ...