格隆汇12月26日丨芯原股份(688521.SH)公布，2025年10月1日至2025年12月25日，芯原微电子（上海） 股份有限公司新签订单24.94亿元，较去年第四季度全期大幅增长129.94%，较今年第三季度全期进一步 增长56.54%，继2025年第二、三季度单季度新签订单屡创历史新高后，再创历史单季度新高，将为公 司未来营业收入增长提供有力的保障。截至2025年12月25日，公司第四季度新签订单金额中绝大部分为 一站式芯片定制业务订单，AI算力相关订单占比超84%，数据处理领域订单占比近76%。 ...

两融数据显示，该股最新融资余额为4.94亿元，近5日增加1792.34万元，增幅为3.76%。 据天眼查APP显示，灿芯半导体(上海)股份有限公司成立于2008年07月17日，注册资本12000万人民币。 （数据宝） 灿芯股份12月24日大宗交易平台共发生2笔成交，合计成交量12.50万股，成交金额1311.38万元。成交价 格均为104.91元，相对今日收盘价折价1.50%。 进一步统计，近3个月内该股累计发生30笔大宗交易，合计成交金额为3.56亿元。 证券时报·数据宝统计显示，灿芯股份今日收盘价为106.51元，上涨0.86%，日换手率为7.44%，成交额 为5.67亿元，全天主力资金净流入4770.80万元，近5日该股累计下跌2.27%，近5日资金合计净流入 3104.77万元。 12月24日灿芯股份大宗交易一览 （文章来源：证券时报网） | 成交量 （万股） | 成交金额 （万元） | 成交价格 （元） | 相对当日收盘折 溢价（%） | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | 10.50 | 1101.56 | 104.91 ...

Group 1 - The core viewpoint of the article is that the company, Aojie Technology, is optimistic about its future revenue from ASIC custom business due to a sufficient backlog of orders, all of which are advanced process projects with high complexity and large individual order sizes [2] - The company has indicated that the current orders and project progress support a positive outlook for revenue recognition in 2026 and 2027 [2] - Aojie Technology's ASIC custom business is characterized by a strong order book, suggesting robust demand in the market [2] Group 2 - The company emphasizes that the complexity of its projects contributes to the larger scale of individual orders, which is a positive indicator for future growth [2] - The focus on advanced process projects highlights the company's strategic positioning in a competitive industry [2] - The optimistic revenue outlook reflects the company's confidence in its operational capabilities and market demand [2]

Group 1 - Fudan Microelectronics (688385) announced the signing of a share transfer agreement with Guosheng Investment on December 23, where Guosheng Investment will acquire 107 million A-shares, representing 12.99% of Fudan Microelectronics' total shares, for a total price of 5.144 billion yuan [2][4] - The transfer price is set at 48.20 yuan per share, which is approximately 24% lower than the latest closing price of 63.52 yuan [4] - After the transfer, Fudan Microelectronics will remain without a controlling shareholder or actual controller [2] Group 2 - Guosheng Investment's funding sources include self-owned and self-raised funds, and it will pay 30% of the total transaction price as a deposit within five working days after signing the agreement [4] - Guosheng Investment was established in 2010 with a registered capital of 1.2 billion yuan, focusing on industrial investment, real estate, urban infrastructure investment, capital operations, asset acquisition, and debt restructuring [4][5] - As of September 30, 2025, Guosheng Investment reported total assets of 0.887 billion yuan and a net profit of 0.244 billion yuan for 2024, with a return on equity of 38.11% [4] Group 3 - Guosheng Investment is controlled by Shanghai Guosheng Group, which is a key state-owned asset management platform in Shanghai, holding stakes in various state-owned enterprises and listed companies [5] - The investment is seen as a strategic move to provide financial support and resource synergy for Fudan Microelectronics, particularly in the field of Field Programmable Gate Arrays (FPGA), aligning with national semiconductor industry strategies [6] Group 4 - Fudan Microelectronics specializes in the design, development, and production of large-scale integrated circuits and has been listed on the Hong Kong Stock Exchange since 2000 and on the Shanghai Stock Exchange's Sci-Tech Innovation Board since 2021 [7] - The company reported a revenue of 3.024 billion yuan for the first three quarters of 2025, a year-on-year increase of 12.70%, but a net profit decline of 22.69% [10] - The company has four main product lines and serves over 30 countries, with applications in various sectors including finance, automotive electronics, and smart devices [10] Group 5 - The share transfer agreement emphasizes continued collaboration between Fudan Microelectronics and Fudan University, focusing on joint research and development efforts [11] - Fudan Microelectronics and Fudan University plan to establish diversified research cooperation platforms, enhancing innovation and addressing technical challenges in the semiconductor industry [12]

南财智讯12月22日电，芯原股份公告，本次上市流通的限售股数量为2486.04万股，占公司总股本的 4.73%。该部分限售股为公司向特定对象发行股份所得，对应股东数量为11名，限售期为自发行结束之 日起六个月，将于2025年12月30日起上市流通。上述股东均已严格履行相关承诺，保荐机构对本次限售 股上市流通事项无异议。 ...

芯原股份公告称，公司向特定对象发行的2486.04万股限售股将于2025年12月30日上市流通，占公司总 股本的4.73%，对应11名限售股股东。2025年6月30日，该部分新增股份办理完毕登记、托管及限售手 续，限售期6个月。本次限售股上市流通前，公司于10月29日完成激励计划部分归属股份登记，总股本 由525,713,273股增至525,858,273股。保荐机构核查认为，股东履行承诺，本次限售股流通事项符合规 定，信息披露真实准确完整。 ...

Core Viewpoint - The article discusses the development of the Hengqin Guangdong-Macao Deep Cooperation Zone, emphasizing the integration of Macao's resources with Hengqin's industrial capabilities to foster economic diversification and innovation. Group 1: Economic Development - In the first three quarters of the year, the value added of the "four new" industries in the cooperation zone reached 25.964 billion, a year-on-year increase of 14.6%, accounting for 66.1% of the GDP [1] - The cooperation zone aims to promote Macao's economic diversification through the "Macao + Hengqin" model, focusing on collaboration in technology, manufacturing, and finance [1] Group 2: Industry Collaboration - The cooperation between Macao universities and companies like Osen Technology is crucial for innovation, exemplified by the establishment of a joint laboratory for brain-machine interfaces [4] - Osen Technology's AI acoustic detection technology is being utilized in major industries such as consumer electronics and new energy vehicles, showcasing the practical application of research [2] Group 3: Healthcare Innovations - The Guangdong Zhenjiankang Medical Technology Company, a representative of the "Macao R&D + Hengqin Transformation" model, has successfully completed over 5,000 clinical surgeries with its robotic technology [5] - The company is part of a broader initiative to support rapid growth and capability enhancement for enterprises in the cooperation zone [5] Group 4: Pharmaceutical Development - Qiwei Biotechnology is advancing new drug development, with its innovative traditional Chinese medicine entering phase III clinical trials, benefiting from the cooperation zone's policies [7] - The company has submitted multiple drug manufacturing applications, with several already approved by the Macao health authorities, highlighting the regulatory advantages of the cooperation zone [9] Group 5: Talent Attraction and Entrepreneurship - The establishment of companies like Deep Translation Technology in Hengqin illustrates the successful attraction of talent from Macao universities, contributing to the local economy [10] - The cooperation zone is creating a new industrial development model that integrates Macao's platform with international resources and Hengqin's space for innovation [13]

（记者 贾运可） 截至发稿，艾为电子市值为166亿元。 每经头条（nbdtoutiao）——海南封关首日直击：为中国探路，全球最大自贸港如何重塑开放边界？ 每经AI快讯，艾为电子（SH 688798，收盘价：71.41元）12月19日晚间发布公告称，公司第四届第十五 次董事会会议于2025年12月19日在公司会议室以现场结合通讯的方式召开。会议审议了《关于提请公司 股东会授权董事会办理2025年限制性股票激励计划相关事宜的议案》等文件。 2024年1至12月份，艾为电子的营业收入构成为：集成电路设计行业占比100.0%。 ...

人民财讯12月19日电，晶丰明源(688368)12月19日公告，公司于2025年12月18日收到政府补助款项550 万元，其中与资产相关的补助金额为420万元，占公司最近一期经审计总资产的0.2%；与收益相关的补 助金额为130万元，占公司最近一个会计年度经审计的归属于上市公司股东的净利润绝对值的3.93%。 ...

Group 1: New Stock Offerings - Three new stocks available for subscription: Shuangxin Environmental (001369.SZ), Yufan Technology (001396.SZ), and Qiangyi Co., Ltd. (688809.SH) [1] - Shuangxin Environmental specializes in the research, production, and sales of PVA and related products, established in June 2009 [1][4] - Yufan Technology focuses on smart diagnosis and health assessment of drainage networks, with a primary customer base of government agencies and state-owned enterprises [6][10] Group 2: Financial Metrics and Performance - Shuangxin Environmental's IPO price is set at 6.85 CNY per share, with an earnings per share (EPS) of 16.19, compared to the industry average of 28.75 [2] - Yufan Technology's projected revenues for 2022 to 2024 are 5.13 billion CNY, 6.3 billion CNY, and 7.3 billion CNY, with net profits of 0.81 billion CNY, 1 billion CNY, and 1.27 billion CNY respectively [10] - Qiangyi Co., Ltd. expects revenues of 2.54 billion CNY, 3.54 billion CNY, and 6.41 billion CNY from 2022 to 2024, with net profits of 0.16 billion CNY, 0.19 billion CNY, and 2.33 billion CNY [15] Group 3: Fundraising and Investment Plans - Shuangxin Environmental plans to allocate 5.57 billion CNY (29.88%) for a PVB resin project and 3.51 billion CNY (18.82%) for a water-based adhesive project [3] - Yufan Technology intends to invest 3.14 billion CNY (57.82%) in enhancing urban pipeline operation services [9] - Qiangyi Co., Ltd. will use 12 billion CNY (80%) for probe card R&D and production [14] Group 4: Market Position and Competitive Landscape - Shuangxin Environmental is the third-largest PVA producer in China, with a production capacity of 116,900 tons, accounting for approximately 13% of the national total [4] - Yufan Technology is recognized as a "national champion" in the optical communication sector, with a leading market share in specific product categories [21] - Qiangyi Co., Ltd. ranks ninth globally in the semiconductor probe card industry, being the only domestic company in the top ten [15]