思瑞浦成立于2012年4月23日，于2020年9月21日在上海证券交易所上市，注册地址为江苏省苏州，办公地 址为上海市。它是国内模拟芯片头部厂商，专注模拟集成电路产品研发和销售，技术积累深厚。 截至2025年9月30日，思瑞浦A股股东户数为1.81万，较上期增加57.25%；户均持有流通A股数量为 7321.19，较上期减少36.41%。十大流通股东中，银河创新混合A（519674）位居第五大流通股东，持股 620.00万股，相比上期减少29.20万股；万家优选（161903）位居第六大流通股东，持股300.00万股，相比 上期减少130.00万股；香港中央结算有限公司位居第九大流通股东，持股224.00万股，为新进股东；嘉实 上证科创板芯片ETF（588200）位居第十大流通股东，持股210.64万股，相比上期减少9.79万股。 华泰证券指出，思瑞浦2025年Q1 - Q3实现营收15.31亿元，归母净利1.26亿元。单季度营收已连续6个季度 环比增长，主要受益于工业、汽车、通信及消费电子等细分市场多点开花，叠加费用管控有效，利润弹性 显著。业务亮点如下：1. 工业、汽车等市场需求持续复苏，国产化进展顺利； ...

Group 1 - The core point of the report is the issuance of convertible bonds by 3PEAK Incorporated to specific investors, approved by the China Securities Regulatory Commission, allowing the company to raise funds for asset acquisition [2][3]. - The total number of convertible bonds issued is 3,833,893, with a face value of 158 yuan per share as the initial conversion price [2][16]. - The company achieved a revenue of 1.22 billion yuan in 2024, representing a year-on-year growth of 11.52%, despite facing challenges such as increased R&D and sales expenses [9][12]. Group 2 - The company reported a net loss attributable to shareholders of 197.21 million yuan in 2024, compared to a loss of 34.71 million yuan in the previous year [12][13]. - The gross profit margin for the company in 2024 was 48.19%, a decrease of 3.59 percentage points from the previous year [9][10]. - The company completed the acquisition of 100% equity in Chuangxinwei in October 2024, which is expected to enhance its market position [9][14]. Group 3 - The company’s total assets reached 62.01 billion yuan by the end of 2024, an increase of 4.96% compared to the previous year [10][12]. - The company’s cash and cash equivalents, along with financial assets, amounted to approximately 3.69 billion yuan [10]. - The company operates in the integrated circuit design industry, focusing on the research, development, and sales of analog integrated circuit products [10][12].

Core Viewpoint - The company has announced the use of its own funds to pay for investment projects and will subsequently replace these with raised funds, ensuring compliance with regulatory requirements and improving fund utilization efficiency [1][9][10]. Fundraising Overview - The company raised a total of RMB 2,314,200,000 from its initial public offering, with a net amount of RMB 2,145,746,574.65 after deducting issuance costs [1]. - In a subsequent issuance, the company raised RMB 1,781,656,587.99, with the funds fully received by October 23, 2023 [2]. Investment Project Details - The total investment for the initial public offering project was RMB 85,000,000, all of which has been completed [3]. - The company adjusted its fundraising project amounts, with a total of RMB 433,006.29 allocated for various projects, including RMB 375,953.25 for high-integration analog front-end and mixed-signal product development [4][6]. Reasons for Using Own Funds - The company intends to use its own funds for project payments to comply with banking regulations regarding salary payments and to enhance operational efficiency [6][7]. - Using own funds allows for bulk purchasing of materials and equipment, which is more cost-effective [7]. - The company aims to streamline the management of frequent and fragmented expenses related to project implementation [7]. Operational Process for Fund Replacement - The finance department will compile a detailed monthly report of expenditures paid with own funds, which will be reviewed and approved before transferring equivalent amounts from the fundraising account [8]. - A ledger will be maintained to track the replacement of own funds with raised funds, ensuring transparency and compliance with regulatory oversight [8]. Impact on Daily Operations - The decision to use own funds for project payments is expected to enhance the efficiency of fund utilization and project implementation without affecting the normal operation of the investment projects [9]. Review and Approval Process - The board of directors and the supervisory board have approved the use of own funds for project payments, confirming that the process adheres to legal and regulatory requirements [9][10].