1月5日，昂瑞微涨3.04%，成交额2.97亿元。两融数据显示，当日昂瑞微获融资买入额2456.90万元，融 资偿还4724.17万元，融资净买入-2267.26万元。截至1月5日，昂瑞微融资融券余额合计1.52亿元。 截至12月16日，昂瑞微股东户数1.74万，较上期增加24398.59%；人均流通股693股，较上期增加 0.00%。2025年1月-9月，昂瑞微实现营业收入13.35亿元，同比减少20.69%；归母净利润-6277.19万元， 同比减少426.66%。 责任编辑：小浪快报 融券方面，昂瑞微1月5日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元；融 券余量0.00股，融券余额0.00元。 资料显示，北京昂瑞微电子技术股份有限公司位于北京市海淀区东北旺西路8号院23号楼5层101，成立 日期2012年7月3日，上市日期2025年12月16日，公司主营业务涉及主要从事射频前端芯片、射频SoC芯 片及其他模拟芯片的研发、设计与销售。主营业务收入构成为：射频前端芯片78.54%，射频SOC芯片 20.78%，其他产品和服务0.69%。 融资方面，昂瑞微当日融资买入2456 ...

Core Viewpoint - The company, Angrui Microelectronics, experienced a decline in stock price and financial performance, with significant changes in shareholder numbers and revenue figures reported. Group 1: Stock Performance - On December 18, Angrui Microelectronics' stock fell by 11.08%, with a trading volume of 803 million yuan [1] - The financing buy-in amount for Angrui Microelectronics on the same day was 56.45 million yuan, while the financing repayment was 52.21 million yuan, resulting in a net financing buy of 4.24 million yuan [1] - As of December 18, the total financing and securities lending balance for Angrui Microelectronics was 120 million yuan, accounting for 5.55% of its market capitalization [1] Group 2: Company Overview - Angrui Microelectronics, established on July 3, 2012, is located in Haidian District, Beijing, and specializes in the research, design, and sales of RF front-end chips, RF SoC chips, and other analog chips [1] - The revenue composition of the company includes 78.54% from RF front-end chips, 20.78% from RF SoC chips, and 0.69% from other products and services [1] Group 3: Financial Performance - As of December 16, the number of shareholders for Angrui Microelectronics was 17,400, representing an increase of 24,398.59% compared to the previous period [2] - For the period from January to September 2025, Angrui Microelectronics reported a revenue of 1.335 billion yuan, a year-on-year decrease of 20.69% [2] - The net profit attributable to the parent company was -62.77 million yuan, reflecting a year-on-year decrease of 426.66% [2]

Core Insights - Three new stocks from the Sci-Tech Innovation Board are set to be issued, with a total expected fundraising of 7.163 billion yuan [1][2][3] Group 1: Company Summaries - **Angruiwei**: - Issuance date: December 5, 2025 - Total shares to be issued: 24.8829 million - Online issuance: 3.9810 million shares - Issuance price: 83.06 yuan - Single account subscription limit: 3,500 shares - Required market value: 35,000 yuan - Focus: Integrated circuit design in RF and analog fields, recognized as a national-level "little giant" enterprise - 2023 and 2024 net profit: -450 million yuan and -64.7092 million yuan, with year-on-year changes of -55.28% and 85.62% respectively [1] - **Muxi Co., Ltd.**: - Issuance date: December 5, 2025 - Total shares to be issued: 40.10 million - Online issuance: 6.4160 million shares - Issuance price: 104.66 yuan - Single account subscription limit: 6,000 shares - Required market value: 60,000 yuan - Focus: Development of high-performance GPU chips and computing platforms for AI training, inference, and general computing - 2023 and 2024 net profit: -871 million yuan and -1.409 billion yuan, with year-on-year changes of -12.12% and -61.72% respectively [2] - **Youxun Co., Ltd.**: - Issuance date: December 8, 2025 - Total shares to be issued: 20.00 million - Online issuance: 4.8000 million shares - Expected fundraising: 900 million yuan - Focus: Research, design, and sales of optical communication front-end transceiver chips, recognized as a national-level manufacturing champion - 2023 and 2024 net profit: 72.0835 million yuan and 77.8664 million yuan, with year-on-year changes of -11.44% and 8.02% respectively [3]

Group 1 - Beijing Angrui Microelectronics Technology Co., Ltd. officially listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board, marking the eighth company from Haidian District to go public this year, bringing the total number of listed companies in Haidian to 263 [1] - On its first trading day, Angrui Micro's stock surged by 160.11%, reflecting strong confidence in the domestic semiconductor industry's breakthrough and showcasing China's core capabilities in the RF chip sector [1] - Founded in 2012, Angrui Micro specializes in integrated circuit design in the RF and analog fields, recognized as a national-level "little giant" enterprise, focusing on the R&D, design, and sales of RF front-end chips, RF SoC chips, and other analog chips [1] Group 2 - The funds raised from the IPO will primarily be used for R&D and industrial upgrades of 5G RF front-end chips and modules, RF SoC chips, and the construction of headquarters and R&D centers, further solidifying its technological leadership and industry position in the RF chip sector [2] - The recent listing of Angrui Micro follows the IPO of Moore Threads, which focuses on computing chips, indicating a strong momentum in the integrated circuit industry in Haidian, where over 240 integrated circuit companies are currently located, including 12 listed companies and more than 40 national-level "little giant" enterprises [2]

Core Insights - Beijing's integrated circuit sector sees a new "little giant" company, Angrui Microelectronics, listed on the Sci-Tech Innovation Board, marking a record high for new companies from Beijing in 2025 compared to 2024 [1][10] Company Overview - Angrui Microelectronics officially listed on the Sci-Tech Innovation Board on December 16, 2025, with an initial price of 83.06 yuan per share, opening at 240 yuan, a 188.95% increase [2] - The company's market capitalization reached 21.504 billion yuan on its first trading day, with a trading volume of 2.061 billion yuan [2] - The stock's closing price on the first day was 216.05 yuan, reflecting a 160.11% increase from the issue price, resulting in a profit of approximately 66,500 yuan for a single lot of 500 shares [5] Trading Activity - Angrui Microelectronics experienced a turnover rate of 75.28% on its first trading day, ranking among the top three of five newly registered companies on the Sci-Tech Innovation Board in 2025 [3] Financial Performance - The company reported revenues of 0.923 billion yuan, 1.695 billion yuan, and 2.101 billion yuan for the years 2022, 2023, and 2024, respectively, achieving a compound annual growth rate of 51% [8] Product and Market Position - Angrui Microelectronics specializes in the research, design, and sales of RF front-end chips, RF SoC chips, and other analog chips, covering all network standards from 2G to 5G [7] - The company has developed a 5G-LPAMid module that meets international standards in performance and integration, contributing to domestic substitution [7] - Angrui's RF SoC product line includes low-power Bluetooth SoC chips and 2.4GHz private protocol SoC chips, widely used in smart home applications [7] Investment and Support - Since its establishment in July 2012, Angrui Microelectronics has received investments from various funds and companies, including the Beijing Integrated Circuit Advanced Manufacturing and High-end Equipment Industry Fund, Huawei Hubble, Xiaomi Changjiang, and Lenovo [8]

Core Insights - C Angrui-UW (688790) experienced a significant increase of 160.11% on its first trading day, with a turnover rate of 75.28% and a transaction volume of 2.061 billion yuan [2] - The stock's first-day margin trading amounted to 118 million yuan, representing 5.74% of the total trading volume, with a current margin balance of 101 million yuan, accounting for 3.90% of the circulating market value [2] - The company specializes in integrated circuit design in the RF and analog fields and is recognized as a national-level "little giant" enterprise focusing on specialized and innovative development [2] Company Overview - C Angrui primarily engages in the research, design, and sales of RF front-end chips, RF SoC chips, and other analog chips [2] - The company has consistently invested in R&D and technology accumulation since its establishment, leading to efficient product iterations that provide high-performance, high-reliability, low-power, and highly integrated RF and analog chip products [2] Market Activity - On its debut, C Angrui attracted a net inflow of 923 million yuan from major funds, with large orders contributing 599 million yuan and big orders adding 324 million yuan [2] - The recent trend in new stock margin trading indicates a strong interest from investors, as evidenced by the substantial first-day price increases and margin balances across various newly listed companies [3][4]

12月17日，国产GPU第二股沐曦股份即将登陆科创板。由于沐曦股份尚未盈利，自上市之日起将纳入科 创成长层。 近段时间以来，A股市场新股表现总体强劲，新股上市后涨幅和中签收益出现进一步提升的趋势，特别 是在芯片和AI热潮的推动下，新股"肉签"频现，包括摩尔线程在内的部分新股上市后表现相当吸睛。 不过，近期新股良好的表现，并不意味着新股无任何风险。相反，投资者如果在上市之后盲目追高买入 新股，也极容易造成较大损失。据测算，今年四季度以来上市的新股中，若投资者以上市以来最高价追 高买入并持有至今，平均浮亏幅度将超过30%。 "肉签"频现 近期新股涨幅和中签收益进一步提升 Wind数据显示，进入今年四季度以来，A股市场新股首日涨幅进一步提升。据统计，今年一季度至今年 三季度，A股市场上市新股首日收盘平均涨幅分别为243.34%、213.05%，以及267.34%。 今年四季度以 来，A股市场上市新股首日收盘平均涨幅进一步提升为285.93%，超过今年前三季度中任何一个季度的 平均涨幅。 具体来看，今年四季度以来，大鹏工业、丹娜生物、摩尔线程-U、大明电子、超颖电子、道生天合、 奥美森、精创电气、恒坤新材上市首日收盘 ...

12月17日，国产GPU第二股沐曦股份即将登陆科创板。由于沐曦股份尚未盈利，自上市之日起将纳入科创成长层。 | 证券代码 | 证券简称 | 上市日期 | 上市首日收盘涨跌幅(%) | | --- | --- | --- | --- | | 920091.BJ | 大鹏工业 | 2025/11/21 | 1,211.11 | | 920009.BJ | 丹娜生物 | 2025/11/3 | 497.08 | | 688795.SH | 摩尔线程-U | 2025/12/5 | 425.46 | | 603376.SH | 大明电子 | 2025/11/6 | 413.55 | | 603175 SH | 韶颖由子 | 2025/10/24 | 397 6 | 近段时间以来，A股市场新股表现总体强劲，新股上市后涨幅和中签收益出现进一步提升的趋势，特别是在芯片和AI热潮的推动下，新股"肉签"频现，包 括摩尔线程在内的部分新股上市后表现相当吸睛。 不过，近期新股良好的表现，并不意味着新股无任何风险。相反，投资者如果在上市之后盲目追高买入新股，也极容易造成较大损失。据测算，今年四季 度以来上市的新股中，若投资者以上市以 ...

12月17日，国产GPU第二股沐曦股份即将登陆科创板。由于沐曦股份尚未盈利，自上市之日起将纳入科创成长层。 近段时间以来，A股市场新股表现总体强劲，新股上市后涨幅和中签收益出现进一步提升的趋势，特别是在芯片和AI热潮的推动下，新股"肉签"频现，包 括摩尔线程在内的部分新股上市后表现相当吸睛。 不过，近期新股良好的表现，并不意味着新股无任何风险。相反，投资者如果在上市之后盲目追高买入新股，也极容易造成较大损失。据测算，今年四季 度以来上市的新股中，若投资者以上市以来最高价追高买入并持有至今，平均浮亏幅度将超过30%。 "肉签"频现近期新股涨幅和中签收益进一步提升 12月16日，新股昂瑞微上市，上市首日收盘大涨160.11%，盘中最大涨幅一度超过190%，若按照上市首日盘中最高价计算，中一签昂瑞微新股浮盈将超过 8万元。 招股资料显示，昂瑞微是一家芯片科技类公司，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、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）。 昂瑞微的表现，是今 ...

12月17日，国产GPU第二股沐曦股份即将登陆科创板。由于沐曦股份尚未盈利，自上市之日起将纳入科创成长层。 近段时间以来，A股市场新股表现总体强劲，新股上市后涨幅和中签收益出现进一步提升的趋势，特别是在芯片和AI热潮的推动下，新股"肉签"频现，包括摩尔线 程在内的部分新股上市后表现相当吸睛。 不过，近期新股良好的表现，并不意味着新股无任何风险。相反，投资者如果在上市之后盲目追高买入新股，也极容易造成较大损失。据测算，今年四季度以来上 市的新股中，若投资者以上市以来最高价追高买入并持有至今，平均浮亏幅度将超过30%。 "肉签"频现 近期新股涨幅和中签收益进一步提升 12月16日，新股昂瑞微上市，上市首日收盘大涨160.11%，盘中最大涨幅一度超过190%，若按照上市首日盘中最高价计算，中一签昂瑞微新股浮盈将超过8万 元。 招股资料显示，昂瑞微是一家芯片科技类公司，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、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）。 昂瑞微的表现，是 ...