证券代码：603290 证券简称：斯达半导 公告编号：2025-023 斯达半导体股份有限公司 关于公司向不特定对象发行可转换公司债券摊薄即期回报 与填补措施及相关主体承诺的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据《国务院办公厅关于进一步加强资本市场中小投资者合法权益保护工作 的意见》 （国办发2013110 号）以及中国证券监督管理委员会（以下简称"中国 证监会"）发布的《关于首发及再融资、重大资产重组摊薄即期回报有关事项的 指导意见》（证监会公告201531 号）的有关规定，为保障中小投资者知情权， 维护中小投资者利益，斯达半导体股份有限公司（以下简称"公司"或"斯达半 导"）就本次向不特定对象发行可转换公司债券（以下简称"本次发行"）摊薄即 期回报对公司主要财务指标的影响及公司采取的措施如下： 一、本次向不特定对象发行可转换公司债券摊薄即期回报对公司主要财务指标 的影响 公司 A 股股票交易均价之中的较高者，即 80.51 元/股。该转股价格仅用于计算 本次发行摊薄即期回报对主要财务指标的影响，不构成对 ...

Core Viewpoint - The credit rating report indicates that Jiangsu Hongwei Technology Co., Ltd. has maintained its credit rating at AA, with a stable outlook, despite facing challenges such as increased competition and fluctuating demand in the photovoltaic and industrial control sectors [2][7]. Company Overview - Jiangsu Hongwei Technology primarily focuses on the design, research, production, and sales of power semiconductor chips, including IGBT and FRD, with applications in industrial control, new energy generation, and electric vehicles [10][19]. - As of March 2025, the company's major shareholder holds 17.75% of the shares, with no changes in the controlling structure [9]. Financial Performance - The company's total assets for 2024 are reported at 25.66 billion, with total liabilities at 10.24 billion, reflecting a slight increase from previous years [2][8]. - Revenue for 2024 is projected to decline by 11.52% year-on-year, with net profit turning from profit to loss due to market pressures [5][6]. Market Environment - The global power semiconductor market is expected to recover in the second half of 2024, driven by demand from electric vehicles and renewable energy sectors, despite a projected decline in sales of 8% for 2024 [11][12]. - The domestic market remains highly dependent on imports, with local manufacturers gradually closing the technology gap with international leaders [12][18]. Competitive Landscape - The company faces intense competition in the power semiconductor sector, particularly in the IGBT market, where it holds a relatively small market share [5][11]. - The concentration of customers remains high, with the top five customers accounting for 66.75% of sales, which poses risks if demand from these customers fluctuates [20][24]. Operational Challenges - The company is expanding its production capacity, but faces pressure to utilize this capacity effectively due to fluctuating downstream demand [6][21]. - The reliance on external chip suppliers for certain products increases operational risks, especially if supplier relationships deteriorate [24][25]. Future Outlook - The company is expected to continue its focus on technological advancements in power semiconductor products, particularly in SiC technology, which is gaining traction in high-voltage applications [17][21]. - The stable credit rating outlook suggests confidence in the company's ability to navigate current challenges and maintain operational sustainability [7][8].

债券简称：宏微转债 债券代码：118040 股票简称：宏微科技 股票代码：688711 江苏宏微科技股份有限公司 可转换公司债券受托管理事务报告 （2024年度） 债券受托管理人 中信证券股份有限公司 （广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座） 二〇二五年六月 声明 中信证券股份有限公司（以下简称"中信证券"）编制本报告的内容及信息均来源 于发行人对外公布的《江苏宏微科技股份有限公司 2024 年年度报告》等相关公开信息 披露文件、江苏宏微科技股份有限公司（以下简称"宏微科技""发行人"或"公司"） 提供的证明文件以及第三方中介机构出具的专业意见。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关事宜做 出独立判断，而不应将本报告中的任何内容据以作为中信证券所作的承诺或声明。 第十一节 与发行人偿债能力和增信措施有关的其他情况及受托管理人采取的应对措 第一节 可转换公司债券概况 一、发行人基本信息 中文名称 江苏宏微科技股份有限公司 中文简称 宏微科技 外文名称 Macmic Science & Technology Co., Ltd. 外文简称 MACMIC 法定代表人 ...

Core Viewpoint - Zongyi Co., Ltd. (600770.SH) is expanding its business in the semiconductor sector despite continuous losses in its main operations, planning to invest 220 million yuan in Jiangsu Jilai Microelectronics Co., Ltd. to gain controlling interest [2][3][5]. Business Expansion - The company intends to increase its stake in Jilai Micro by 220 million yuan, acquiring 45.28% of its shares post-investment, which will make Jilai Micro a subsidiary [3][4]. - This acquisition will allow Zongyi to enter the power semiconductor chip and device R&D, production, and sales, optimizing and extending its industrial chain [2][5]. Financial Performance - Zongyi has reported continuous losses over the past three years, with a cumulative loss of approximately 250 million yuan from 2022 to 2024 [7]. - The company's revenue for 2022, 2023, and 2024 was 375 million yuan, 322 million yuan, and 348 million yuan respectively, showing no significant change [7]. - The net profit for the same years was -320 million yuan, -174 million yuan, and 30 million yuan, indicating ongoing financial struggles [7]. Market Reaction - Following the announcement of the restructuring intentions, Zongyi's stock price experienced volatility, dropping 28% from its peak of 7.55 yuan per share on May 22 to 5.38 yuan on June 10 [6][8]. Comparison with Jilai Micro - Jilai Micro has demonstrated stronger profitability, with revenues of 236 million yuan, 256 million yuan, and 49.2 million yuan for 2023, 2024, and the first quarter of 2025 respectively [9]. - In 2024, Jilai Micro's revenue and net profit are expected to account for 73.56% and 51.63% of Zongyi's total, respectively, indicating a significant impact on Zongyi's financial performance post-acquisition [10].

依据综艺股份最新发布的重大资产购买预案，截至预案签署日，本次交易已经交易双方董事会审议通 过。但交易所涉及的相关审计、评估工作尚未完成，预案及其摘要中涉及的吉莱微的相关数据尚未经过 会计师事务所的审计、评估机构的评估。 预案显示，吉莱微2023年、2024年分别实现营业收入2.36亿元、2.56亿元，净利润分别为1395.6万元、 1560.08万元。2025年一季度吉莱微实现营业收入4921.85万元，净利润403.92万元。业绩承诺方承诺， 标的公司在业绩承诺期内，即2025年度至2028年度，净利润目标为2600万元、3300万元、4100万元以及 5000万元，业绩承诺期累计承诺净利润不低于1.5亿元。 本报记者 曹卫新 江苏综艺股份有限公司（以下简称"综艺股份"）重大资产重组迎来新进展。 6月10日，综艺股份发布重大资产购买预案，公司拟通过向江苏吉莱微电子股份有限公司（以下简称"吉 莱微"）增资2.2亿元，合计取得吉莱微4323.35万股股份。同时，吉莱微原实际控制人之一李大威同意将 其直接持有的吉莱微828.71万股股份对应表决权全部委托给综艺股份。上述交易完成后，综艺股份合计 控制吉莱微的表决权 ...

"公司将持续聚焦科技创新与产业升级，推动技术成果转化，对下属企业实施精准化管理、高效赋能，挖潜增效，强化细 分市场竞争优势，进一步夯实主营业务。同时，为进一步深化信息科技领域产业布局，战略聚焦并补强信息科技领域核心产业 板块，积极挖掘、探索新形势下，包括半导体等高科技产业的外延发展机会，公司正在筹划重大资产重组事项，标的公司与公 司现有芯片设计业务形成协同，有利于优化产业结构。"交流会上，公司董事兼总经理杨朦在回答《证券日报》记者提问时表 示。 今年5月，综艺股份对外宣布，公司与江苏吉莱微电子股份有限公司（以下简称"吉莱微"）及其股东江苏威锋贸易股份有 限公司、李大威签署《投资合作意向协议书》，拟通过以现金增资或受让股份的方式，取得吉莱微的控制权。 本报记者 曹卫新 6月4日，江苏综艺股份有限公司（以下简称"综艺股份"）召开2024年度业绩说明会。公司董事长昝圣达、董事兼总经理杨 朦、独立董事胡杰、副总经理兼董事会秘书顾政巍、副总经理兼财务负责人钱志华与投资者就公司2024年业绩表现、重大资产 重组进展等问题深入交流。 综艺股份主营业务包括信息科技、新能源以及股权投资等三大核心业务。年报显示，公司2024年营 ...

Core Insights - In May, Tianhu Technology recorded 21 investment and financing events related to technology innovation and entrepreneurship in Chengdu, indicating a vibrant investment landscape in the region [1][3]. Group 1: Investment Events - Chengdu Hailong Aerospace Technology Co., Ltd. completed angel round financing, focusing on the development of star sensors and magnetic moment devices [2][10]. - Chengdu Zhongke Xingchen Information Technology Co., Ltd. secured equity financing, specializing in satellite mobile communication terminals [2][11]. - Chengdu Xinglu Aerospace Technology Co., Ltd. completed equity financing, engaged in satellite technology integration [2][12]. - Sichuan Jushen Humanoid Robot Technology Co., Ltd. raised tens of millions in angel round financing, focusing on humanoid robots [2][13]. - Chengdu Jiuzhang Zhifang Technology Co., Ltd. completed equity financing, providing technology promotion services [2][14]. - Chengdu Annu Intelligent Technology Co., Ltd. raised tens of millions in seed round financing, focusing on humanoid robot applications [2][15]. - Chengdu Chengfa Kenen Power Engineering Co., Ltd. completed A round financing, specializing in industrial power equipment [4]. - Chengdu Chuangyi Micro-Nano Technology Co., Ltd. completed angel round financing, focusing on specialized instrument manufacturing [6]. - Sichuan Blue Ocean Intelligent Equipment Manufacturing Co., Ltd. completed A round financing, specializing in intelligent equipment for underground engineering [7]. - Chengdu Jingzhan Electronic Technology Co., Ltd. completed A round financing, focusing on power semiconductor chip design [8]. - Sichuan Jinlong Microelectronics Technology Co., Ltd. completed A round financing, specializing in MEMS silicon oscillators [9]. - Chengdu Weikang Biotechnology Co., Ltd. completed equity financing, focusing on biotechnology research [17]. - Chengdu Kerry Medical Technology Co., Ltd. completed tens of millions in Pre-A round financing, focusing on intelligent blood collection robots [18]. - Sichuan Tiannuo Juneng New Energy Development Co., Ltd. completed equity financing, focusing on lithium-silicon anode materials [19]. - Chengdu Hangxin Aviation Equipment Technology Co., Ltd. completed equity financing, specializing in aviation parts manufacturing [21]. - Chengdu Xinghan Aerospace Technology Co., Ltd. completed equity financing, focusing on rocket control systems [22]. Group 2: Market Trends - The majority of financing events were in the seed and angel round stages, indicating a focus on early-stage investments [3]. - The digital economy and electronic information sectors were the hottest investment areas in Chengdu, with nearly 30% of projects related to the digital economy and about 25% related to electronic information [3].

值得注意的是，综艺股份旗下芯片设计及应用业务2024年营收同比下滑22.65%，毛利率减少7.29个百分 点。此外，公司自2013年起已连续12年未进行现金分红，投资者回报问题引发市场关注。 日前，综艺股份（600770）（600770.SH）披露一则重大资产重组公告，该公司拟通过现金增资或受让 股份的方式，取得江苏吉莱微电子股份有限公司（以下简称"吉莱微"）的控制权。公告次日即5月14 日，综艺股份股价开盘即涨停，报收4.51元/股。5月15日，综艺股份股价再次涨停，报收4.96元/股。 目前，该交易仍处于初步筹划阶段，具体投资比例及方案尚未最终确定。市场人士分析，此次收购能否 真正提振综艺股份的盈利能力，仍需时间检验。 深圳商报·读创客户端记者 李薇 然而，市场热情背后，综艺股份的业绩表现却难言乐观。财报显示，尽管公司2024年实现营收3.48亿 元，同比增长8.15%，但扣除非经常性损益后的净利润仍亏损3648.89万元。这已是综艺股份连续第三年 扣非净利润亏损，2022年至2024年累计亏损金额达2.5亿元。 公开资料显示，综艺股份围绕信息科技、新能源、股权投资三个板块开展业务。而吉莱微是一家专注于 ...

Core Viewpoint - The company Zongyi Co., Ltd. (综艺股份) is pursuing a cash acquisition of Jiangsu Jilai Microelectronics Co., Ltd. (吉莱微) to gain control, amidst ongoing financial struggles and a need to improve its performance [1][2]. Group 1: Acquisition Details - Zongyi has signed an investment cooperation intention agreement to acquire control of Jilai Micro through cash investment or share transfer, with specific terms to be determined later [1]. - The transaction is expected to constitute a major asset restructuring and will not involve issuing new shares or related party transactions [1]. - Following the acquisition, Jilai Micro is anticipated to become a subsidiary of Zongyi, potentially enhancing the company's revenue and net profit levels [2]. Group 2: Financial Context - Zongyi's financial performance has been weak, with a reported revenue of 348 million yuan in 2024, a year-on-year increase of 8.15%, but a net profit of only 30.22 million yuan, with a non-recurring profit still showing a loss of 36 million yuan [2]. - The company is nearing the delisting risk warning threshold, as per the revised rules of the Shanghai and Shenzhen Stock Exchanges, which could trigger delisting if net profit is negative and revenue falls below 300 million yuan [3]. Group 3: Jilai Micro's Profile - Jilai Micro, established in 2001, specializes in the research, production, and sales of power semiconductor chips and devices, with applications across various sectors including consumer electronics and electric vehicles [6]. - The company previously attempted an IPO but withdrew its application, leading to the termination of the review process by the Shenzhen Stock Exchange [6]. - Financial data shows Jilai Micro's revenue growth from 134 million yuan in 2019 to 301 million yuan in 2021, with net profits increasing from 1.27 million yuan to 69.96 million yuan during the same period [6].

长江商报奔腾新闻记者徐佳 通过重组加码芯片业务，综艺股份（600770）(600770.SH)股价涨停。 5月13日晚间，综艺股份披露公司筹划重大资产重组。公司拟通过现金增资或受让股份的方式，取得江 苏吉莱微电子股份有限公司(以下简称"吉莱微")的控制权，具体投资方案和投资比例待进一步论证和协 商。本次交易完成后，吉莱微将成为综艺股份的控股子公司。 本次交易尚处于初步筹划阶段，预计构成重大资产重组。本次交易拟采用现金方式，不涉及上市公司发 行股份，不构成关联交易，也不会导致上市公司控制权发生变更。 发布重组意向之后，5月14日综艺股份开盘股价涨停，报收4.51元/股。 筹划重组的背后，近年来综艺股份盈利能力低迷。长江商报奔腾新闻记者注意到，2024年，综艺股份实 现营业收入3.48亿元，同比增长8.15%；归属于上市公司股东的净利润(净利润，下同)3021.6万元，同比 增长117.39%；但扣除非经常性损益后的净利润(扣非净利润，下同)亏损3648.89万元。 下属公司深圳毅能达金融信息股份有限公司和北京神州龙芯集成电路设计有限公司受市场环境和业务投 入等因素影响产生亏损，成为综艺股份扣非净利润再次亏损的主 ...