本报讯 （记者矫月）近日，苏州纳芯微电子股份有限公司（以下简称"纳芯微"）发布2025年半年报显 示，上半年公司实现营业收入15.24亿元，同比大增79.49%。报告期内，汽车电子业务收入占比 34.04%，同比提升0.53%。 半年报显示，公司营收同比大幅增长主要得益于汽车电子需求的持续稳定增长、泛能源领域行业的复苏 以及麦歌恩并表所带来的积极效应。同期，公司在汽车电子领域的出货量为3.12亿颗，累计出货量已突 破9.8亿颗。 根据中汽协数据，2025年上半年我国汽车销量1565.3万辆，同比增长11.4%；其中新能源汽车销量693.7 万辆，同比增长40.3%，渗透率提升至44.3%，贡献全球主要增量。 依托在汽车领域的长期积累，纳芯微自2016年进入汽车市场以来，已形成涵盖新能源汽车主驱逆变器、 OBC、DC-DC、BMS、热管理与车身控制的完整芯片布局，产品矩阵覆盖传感器、信号链、电源管 理、隔离与接口等核心环节，能够以一站式方案支持客户系统创新。 据悉，随着新能源汽车智能化加速，纳芯微将以技术创新和客户协同推动产品迭代，持续提升在汽车电 子芯片领域的市场份额与影响力。 （编辑 张昕） ...

风险提示：市场有风险，投资需谨慎。 截至2025年7月29日收盘，纳芯微股价报174.00元，较前一交易日上涨9.80元，涨幅5.97%。当日成交额 为7.94亿元，换手率为3.20%。 纳芯微主营业务为半导体芯片设计，产品覆盖传感器、信号链、电源管理等领域。公司通过收购麦歌恩 进一步拓展磁传感器品类，实现相关技术领域的全面布局。 公司于7月27日宣布拟赴港上市计划，旨在增强全球车规级芯片市场的竞争力。此前公司于7月23日接待 了平安养老等多家机构调研，就业务协同及发展战略进行交流。 7月29日主力资金净流入1775.03万元，占流通市值比例为0.07%。 本文源自：金融界 作者：A股君 ...

Core Viewpoint - The major shareholder of Biyimi plans to reduce their stake by 3% through a pricing inquiry, raising concerns about the company's future amid ongoing financial struggles and market volatility [1][3]. Group 1: Shareholder Actions - Biyimi's major shareholder, Yuan Chengjun, intends to transfer 209.51 million shares, representing 3% of the total share capital, at a price of 28.59 yuan per share, totaling approximately 59.89 million yuan [1]. - The transfer has been fully subscribed by three institutional investors, and the shares cannot be transferred by the buyers for six months post-acquisition [1]. - Following the transfer, Yuan Chengjun's shareholding will decrease from 9.69% to 6.69% [1]. Group 2: Company Performance - Biyimi has experienced declining performance since its listing on the STAR Market in May 2022, with revenues dropping from 8.87 billion yuan in 2021 to an expected 6.88 billion yuan in 2024 [2]. - The company reported a net profit loss of 131.32 million yuan in Q1 2023, a significant decline of 4708.31% year-on-year, with a total loss of 36 million yuan over the past two years [2]. - Despite the losses, Biyimi is adjusting its product structure, with revenue from new products like motor drivers and DC-DC converters increasing by 61.29% [2]. Group 3: Market Reaction - As of June 16, Biyimi's stock closed at 31.90 yuan per share, down over 40% from its issue price and 60% from its historical high in August 2022, with a market capitalization of only 2.228 billion yuan [3]. - The stock has faced continuous pressure, with net outflows of major funds for four consecutive days and a trading volume of only 28.81 million yuan on the day of the report [3]. - Investor sentiment is mixed, with concerns about increased stock price volatility due to the shareholder's reduction and ongoing financial losses, while some analysts believe in the company's long-term potential due to its focus on R&D and high-margin product lines [3].

Core Viewpoint - Suzhou Naxin Microelectronics Co., Ltd. (Naxin Micro) has submitted an application for listing on the Hong Kong Stock Exchange, aiming to raise funds for its internationalization strategy, marking a significant step for Chinese analog chip companies towards global capital integration [1] Group 1: Company Overview - Naxin Micro is focused on developing products around downstream application scenarios, concentrating on three main product areas: sensors, signal chains, and power management, covering automotive electronics, energy, and consumer electronics [1] - The company plans to enhance its product line and competitiveness in the consumer electronics and new energy vehicle markets through the acquisition of magnetic sensor company Meigen [1] Group 2: Financial Performance - Naxin Micro's revenue for 2022, 2023, and 2024 was 1.67 billion, 1.31 billion, and 1.96 billion respectively, showing a fluctuating growth trend, while the net profit has been in continuous loss for two years, totaling approximately 700 million [2] - The main reasons for the losses include intensified market competition leading to a significant drop in product prices (sensor average price decreased by 64%), high R&D expenditures (5.4 billion in 2024, accounting for 27.5% of revenue), and increased equity incentive costs [2] Group 3: Market Position and Strategy - Naxin Micro aims to build a global sales network and strengthen its technological advantages while addressing the current reliance of China's analog chip supply chain on international manufacturers (with only 5% localization rate for automotive chips) [4] - The A+H listing journey of Naxin Micro reflects the broader trend of semiconductor localization in China and serves as a test of its technological strength and strategic execution [4]