截至6月30日，安路科技股东户数1.22万，较上期减少7.10%；人均流通股32762股，较上期增加7.64%。 2025年1月-6月，安路科技实现营业收入2.23亿元，同比减少29.64%；归母净利润-1.42亿元，同比减少 16.57%。 机构持仓方面，截止2025年6月30日，安路科技十大流通股东中，银河创新混合A（519674）位居第六 大流通股东，持股1680.00万股，相比上期增加30.00万股。 责任编辑：小浪快报 融券方面，安路科技9月15日融券偿还0.00股，融券卖出600.00股，按当日收盘价计算，卖出金额1.75万 元；融券余量1.36万股，融券余额39.71万元，低于近一年10%分位水平，处于低位。 资料显示，上海安路信息科技股份有限公司位于中国(上海)自由贸易试验区中科路1867号C座8、11、12 层，成立日期2011年11月18日，上市日期2021年11月12日，公司主营业务涉及FPGA芯片和专用EDA软 件的研发、设计和销售。主营业务收入构成为：芯片销售收入89.36%，技术服务收入8.32%，其他(补 充)2.32%。 9月15日，安路科技跌1.72%，成交额2.52亿元。两 ...

Group 1 - The core viewpoint of the news is that Anlu Technology's stock has experienced a decline of 5.06%, with a current price of 29.45 yuan per share and a total market capitalization of 11.805 billion yuan [1] - Anlu Technology, established on November 18, 2011, and listed on November 12, 2021, primarily engages in the research, design, and sales of FPGA chips and specialized EDA software [1] - The revenue composition of Anlu Technology includes 89.36% from chip sales, 8.32% from technical services, and 2.32% from other sources [1] Group 2 - Among the top circulating shareholders of Anlu Technology, the Galaxy Innovation Mixed A fund increased its holdings by 300,000 shares in the second quarter, now holding 16.8 million shares, which represents 4.19% of the circulating shares [2] - The estimated floating loss for Galaxy Innovation Mixed A today is approximately 26.376 million yuan [2] - Galaxy Innovation Mixed A, established on December 29, 2010, has a current scale of 13.293 billion yuan, with a year-to-date return of 32.96% and a one-year return of 114.36% [2]

Group 1 - The core viewpoint of the news is that Anlu Technology's stock has experienced a decline of 5.06%, with a current price of 29.45 CNY per share and a total market capitalization of 11.805 billion CNY [1] - Anlu Technology, established on November 18, 2011, and listed on November 12, 2021, primarily focuses on the research, design, and sales of FPGA chips and specialized EDA software [1] - The revenue composition of Anlu Technology includes 89.36% from chip sales, 8.32% from technical services, and 2.32% from other sources [1] Group 2 - From the perspective of fund holdings, the Vanguard Quantitative Selected A fund (006401) has a significant position in Anlu Technology, holding 30,000 shares, which represents 2% of the fund's net value [2] - The Vanguard Quantitative Selected A fund has not changed its holdings compared to the previous period, and the estimated floating loss today is approximately 47,100 CNY [2] - The fund has a total asset size of 39.9969 million CNY and has achieved a year-to-date return of 18.89%, ranking 3,874 out of 8,180 in its category [2]

Group 1 - The core viewpoint of the news is that Anlu Technology's stock has experienced a decline of 5.01%, with a current price of 32.03 CNY per share and a total market capitalization of 12.839 billion CNY [1] - Anlu Technology, established on November 18, 2011, and listed on November 12, 2021, primarily engages in the research, design, and sales of FPGA chips and specialized EDA software [1] - The revenue composition of Anlu Technology includes 89.36% from chip sales, 8.32% from technical services, and 2.32% from other sources [1] Group 2 - Among the top circulating shareholders of Anlu Technology, a fund under Galaxy Fund has increased its holdings by 300,000 shares, bringing its total to 16.8 million shares, which represents 4.19% of the circulating shares [2] - The estimated floating loss for Galaxy Innovation Mixed A (519674) today is approximately 28.392 million CNY [2] - Galaxy Innovation Mixed A has achieved a year-to-date return of 43.24% and a one-year return of 134.22%, ranking 979 out of 8189 and 101 out of 7969 respectively [2]

Group 1 - The core point of the news is that Anlu Technology's stock price dropped by 5.01% to 32.03 CNY per share, with a trading volume of 2.19 billion CNY and a market capitalization of 12.839 billion CNY as of August 29 [1] - Anlu Technology, established on November 18, 2011, and listed on November 12, 2021, is primarily engaged in the research, design, and sales of FPGA chips and specialized EDA software [1] - The company's revenue composition is as follows: 89.36% from chip sales, 8.32% from technical services, and 2.32% from other sources [1] Group 2 - From the perspective of fund holdings, Vanguard Fund has a significant position in Anlu Technology, with its Vanguard Quantitative Selected A Fund (006401) holding 30,000 shares, unchanged from the previous period, representing 2% of the fund's net value [2] - The estimated floating loss for the fund today is approximately 50,800 CNY [2] - The Vanguard Quantitative Selected A Fund was established on May 15, 2019, with a latest scale of 39.9969 million CNY, achieving a year-to-date return of 22.54% and a one-year return of 46.83% [2]

Core Viewpoint - The report indicates that despite signs of recovery in downstream application areas, the company's revenue has slightly declined compared to the same period last year due to fluctuations in demand from certain end-user industries. The company continues to invest heavily in R&D and team building to strengthen its core competitiveness, resulting in a negative net profit for the reporting period [1][3]. Financial Performance - The company reported a revenue of approximately 223.34 million yuan, a decrease of 29.64% year-on-year [3]. - The total profit for the period was -142.39 million yuan, with a net profit attributable to shareholders of -142.39 million yuan [3]. - The net cash flow from operating activities was -62.83 million yuan, indicating a decrease compared to the previous year [3]. - The company's net assets attributable to shareholders decreased by 11.69% to approximately 1.07 billion yuan [3]. Industry Overview - The integrated circuit industry, particularly the FPGA market, is experiencing dynamic adjustments due to emerging technology applications and economic uncertainties. However, the long-term demand for FPGA remains strong due to the increasing need for efficient data processing and computing capabilities [4][5]. - The global semiconductor market is projected to reach $728 billion in 2025, with a year-on-year growth of 15.4% [4]. Business Operations - The company specializes in the R&D, design, and sales of FPGA and FPSoC chips, positioning itself as a leading supplier in the domestic market. Its products are widely used across various sectors, including communication, industrial, medical, and consumer electronics [4][5]. - The company employs a Fabless business model, outsourcing manufacturing and testing to third-party firms while focusing on chip design and development [8]. Product Development - The company has launched over 200 application IPs and reference designs across 12 application categories, enhancing its product offerings and market competitiveness [7][11]. - The company continues to innovate with its FPGA and FPSoC product lines, including the SALPHOENIX, SALEAGLE, and SALSWIFT series, which cater to various market needs [6][7]. R&D Investment - R&D expenses reached approximately 17.38 million yuan, accounting for 77.84% of the company's revenue, reflecting a commitment to innovation and product development [9]. - The company has applied for 482 intellectual property rights, including 280 invention patents, demonstrating its focus on protecting its technological advancements [11][12]. Market Strategy - The company is actively expanding its market presence in emerging sectors such as smart grids, AI servers, and electric vehicles, aiming to capture new growth opportunities [9][10]. - The company has established strategic partnerships with key clients in various industries, enhancing its market penetration and brand recognition [11].

Group 1 - The core viewpoint of the news is that Anlu Technology has shown significant trading activity, with a notable increase in financing and margin trading, indicating strong investor interest [1] - On August 25, Anlu Technology's stock price increased by 3.28%, with a trading volume of 482 million yuan, and a net financing purchase of 11.91 million yuan [1] - As of August 25, the total balance of margin trading for Anlu Technology was 167 million yuan, which is 1.25% of its market capitalization, indicating a high level of financing activity compared to the past year [1] Group 2 - As of March 31, Anlu Technology had 13,200 shareholders, an increase of 15.25% from the previous period, while the average number of circulating shares per shareholder decreased by 13.23% to 30,436 shares [2] - For the first quarter of 2025, Anlu Technology reported a revenue of 93.29 million yuan, a year-on-year decrease of 34.29%, and a net profit attributable to shareholders of -60.40 million yuan, a decrease of 8.51% year-on-year [2] - Among the top ten circulating shareholders, Galaxy Innovation Mixed A (519674) held 16.50 million shares as of March 31, a reduction of 2.80 million shares compared to the previous period [2]

Core Points - The company is holding its 2024 Annual General Meeting to discuss various proposals including the approval of the annual report and financial statements, as well as the distribution of profits and the use of surplus funds from its initial public offering [6][8][11]. Group 1: Meeting Procedures - The meeting will verify the identity of attendees to ensure only eligible shareholders and representatives can participate [2]. - Attendees are required to maintain order and respect the rights of other shareholders during the meeting [3]. - Shareholders have the right to speak, ask questions, and vote on the proposals presented [3][4]. Group 2: Proposals for Approval - Proposal 1 involves the approval of the 2024 Annual Report and its summary, which has been disclosed to the public [6]. - Proposal 2 is the presentation of the 2024 Board of Directors' Work Report for shareholder review [7]. - Proposal 3 includes the 2024 Supervisory Board Work Report, which summarizes the supervisory activities conducted during the year [8]. - Proposal 4 is the 2024 Financial Settlement Report, which has been audited and is presented for approval [9]. - Proposal 5 involves the Independent Directors' Work Report, highlighting their contributions and responsibilities [10]. - Proposal 6 proposes not to distribute dividends for 2024 due to a net loss of approximately 205.14 million yuan [11]. - Proposal 7 seeks to conclude certain fundraising projects and allocate surplus funds to enhance liquidity [13][18]. - Proposal 8 discusses the use of excess fundraising to supplement working capital, with a total of 20.06 million yuan available for this purpose [19][20]. - Proposal 9 involves the reappointment of the auditing firm for the 2025 fiscal year [21][22]. - Proposal 10 addresses the nomination of a new independent director following a resignation [28][29]. Group 3: Financial Highlights - The company reported a net loss of 205.14 million yuan for the year 2024, with the parent company showing a loss of 177.97 million yuan [11]. - The total amount raised from the initial public offering was approximately 1.30 billion yuan, with net proceeds after expenses amounting to about 1.20 billion yuan [14][19]. Group 4: Fund Management - The company has effectively managed surplus funds from its fundraising activities, achieving a net surplus of approximately 3.61 million yuan through prudent cash management [17][18]. - The company plans to use the surplus funds to support daily operational activities, ensuring efficient use of resources [18].

Core Viewpoint - Anlu Technology reported a revenue of 652 million yuan and a net loss of 205 million yuan for 2024, highlighting resilience through technological innovation and market expansion despite industry fluctuations [1] Group 1: Financial Performance - In 2024, Anlu Technology achieved a revenue of 652 million yuan, with a net profit of -205 million yuan [1] - The company experienced a 46.14% year-on-year increase in product sales [1] Group 2: Market Expansion and Product Development - Anlu Technology deepened its existing market operations while actively pursuing new market layouts, achieving significant breakthroughs in various application scenarios [1] - The company expanded its customer base and application fields, maintaining steady growth in traditional sectors such as industrial, audio-visual broadcasting, data centers, and consumer electronics, while successfully entering high-potential areas like machine vision, smart manufacturing, smart healthcare, and high-end displays [1] - The automotive FPGA ecosystem was further enhanced, with automotive-grade chips being applied in electronic rearview mirrors and LiDAR, driving sales growth [1] Group 3: Research and Development - In 2024, Anlu Technology's R&D expenses totaled 364 million yuan, laying a solid foundation for future value release [2] - The R&D team expanded to 452 members, with a total of 440 intellectual property applications, including 246 invention patents [2] - The company launched high-performance PH1P chips and the SALDRAGON series DR1 products, which integrated ARM/RISC-V hard-core processors, achieving mass production [2] Group 4: Operational Efficiency - Anlu Technology implemented digital upgrades and lean management in production operations, improving both operational efficiency and product quality [2] - The inventory of FPGA products decreased by 52.28% year-on-year [2] - The company optimized customer management, cost analysis, and testing analysis systems, significantly enhancing operational efficiency and market response speed [3]

Core Insights - Anlu Technology (688107) reported a revenue of 652 million yuan for 2024, achieving a year-on-year product sales growth of 46.14% despite challenges in the global semiconductor industry and inventory pressures in end markets [2] Group 1: Business Performance - The company expanded its market presence by deepening existing operations and actively pursuing new markets, achieving significant breakthroughs in various application scenarios [2] - Anlu Technology's product applications have expanded into traditional sectors like industrial, audio-visual broadcasting, data centers, and consumer electronics, while also entering new fields such as machine vision, smart manufacturing, smart healthcare, and high-end displays [2] - The automotive FPGA ecosystem has been enhanced, with automotive-grade chips being applied in electronic rearview mirrors and LiDAR, contributing to revenue growth [2] Group 2: Research and Development - In 2024, the company's R&D expenses totaled 364 million yuan, laying a solid foundation for future value release [3] - The R&D team grew to 452 members, with 63.5% holding master's or doctoral degrees, and core members averaging over ten years of experience [3] - Anlu Technology has applied for a total of 440 intellectual property rights, including 246 invention patents, and has received 286 authorizations, with 103 being invention patents [3] Group 3: Product Innovation - The company launched a 100G MAC solution and innovative communication solutions based on Gigabit Ethernet, LAN, WAN, and optical communication, enhancing flexibility and reliability [4] - Anlu Technology is advancing new product development and laying the groundwork for next-generation technology research, focusing on RISC-V FPGA ecosystems and emerging fields like humanoid robotics and industrial automation [4] Group 4: Operational Efficiency - The company improved operational efficiency and product quality through digital upgrades and lean management, resulting in a 52.28% year-on-year reduction in FPGA product inventory [5] - Anlu Technology optimized customer management and cost analysis systems, enhancing operational efficiency and market responsiveness [5] - The company aims to strengthen its core technology barriers and diversify its product matrix, focusing on high-quality FPGA/FPSoC chip development and solutions for emerging application scenarios [5]