Core Viewpoint - Lexin Technology's stock has experienced fluctuations, with a year-to-date increase of 14.76% but a recent decline of 10.45% over the past five trading days, indicating volatility in investor sentiment and market performance [1]. Financial Performance - For the first half of 2025, Lexin Technology reported revenue of 1.246 billion yuan, a year-on-year increase of 35.35%, and a net profit attributable to shareholders of 261 million yuan, reflecting a significant growth of 72.29% [2]. Stock Market Activity - As of October 17, Lexin Technology's stock price was 178.65 yuan per share, with a market capitalization of 27.995 billion yuan. The stock has seen a trading volume of 1.59 billion yuan and a turnover rate of 0.56% [1]. - The company has appeared on the "龙虎榜" (a list of stocks with significant trading activity) once this year, with the most recent appearance on August 27, where it recorded a net purchase of 92.514 million yuan [1]. Shareholder Information - As of June 30, 2025, Lexin Technology had 16,100 shareholders, a decrease of 0.47% from the previous period. The average number of circulating shares per shareholder increased by 40.32% to 9,733 shares [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 5.1822 million shares, an increase of 2.5225 million shares from the previous period [3].

10月16日，乐鑫科技盘中下跌2.16%，截至09:44，报184.18元/股，成交1.18亿元，换手率0.40%，总市 值288.62亿元。 分红方面，乐鑫科技A股上市后累计派现3.84亿元。近三年，累计派现1.45亿元。 机构持仓方面，截止2025年6月30日，乐鑫科技十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股518.22万股，相比上期增加252.25万股。嘉实上证科创板芯片ETF（588200）位居第四大 流通股东，持股223.41万股，相比上期增加77.99万股。申万宏源证券有限公司位居第九大流通股东，持 股129.99万股，相比上期增加57.12万股。东方阿尔法优势产业混合A（009644）位居第十大流通股东， 持股121.75万股，相比上期增加42.82万股。 资料显示，乐鑫信息科技(上海)股份有限公司位于上海市浦东新区御北路235弄3号楼1-7层，成立日期 2008年4月29日，上市日期2019年7月22日，公司主营业务涉及集成电路产品的研发设计和销售。主营业 务收入构成为：模组及开发套件60.47%，芯片38.89%，其他0.64%。 乐鑫科技所属申万行业为：电子-半导体- ...

Group 1 - The core point of the news is that Lexin Technology's stock price dropped by 5.01% to 189.50 CNY per share, with a trading volume of 355 million CNY and a turnover rate of 1.16%, resulting in a total market capitalization of 29.695 billion CNY [1] - Lexin Technology, established on April 29, 2008, and listed on July 22, 2019, is primarily engaged in the research, design, and sales of integrated circuit products [1] - The main revenue composition of Lexin Technology includes modules and development kits at 60.47%, chips at 38.89%, and other sources at 0.64% [1] Group 2 - From the perspective of fund holdings, one fund under Shenwan Hongyuan has heavily invested in Lexin Technology, specifically the Shenwan Hongyuan CSI 1000 Index Enhanced A fund, which increased its holdings by 52 shares to a total of 8,582 shares, accounting for 0.89% of the fund's net value [2] - The Shenwan Hongyuan CSI 1000 Index Enhanced A fund was established on February 14, 2023, with a latest scale of 87.4876 million CNY, achieving a year-to-date return of 30.8% and a one-year return of 40.61% [2] - The fund manager Liu Dun has a tenure of 8 years and 6 days, with a total asset scale of 3.457 billion CNY, while the other manager Xia Xiangquan has a tenure of 4 years and 359 days, managing assets of 922 million CNY [2]

Core Viewpoint - Lexin Technology's stock has shown significant performance with a year-to-date increase of 35.45%, and a recent surge of 14.38% over the last five trading days, indicating strong market interest and potential growth in the semiconductor sector [1][2]. Company Performance - As of June 30, 2025, Lexin Technology reported a revenue of 1.246 billion yuan, representing a year-on-year growth of 35.35%, and a net profit attributable to shareholders of 261 million yuan, which is a 72.29% increase compared to the previous year [2]. - The company has distributed a total of 384 million yuan in dividends since its A-share listing, with 145 million yuan distributed over the last three years [3]. Stock Market Activity - On September 26, 2023, Lexin Technology's stock price reached 210.85 yuan per share, with a trading volume of 171 million yuan and a market capitalization of 33.041 billion yuan [1]. - The stock has experienced a net outflow of 5.7616 million yuan in principal funds, with significant buying and selling activity from large orders [1]. Shareholder Information - As of June 30, 2025, the number of shareholders for Lexin Technology was 16,100, a decrease of 0.47% from the previous period, while the average number of tradable shares per shareholder increased by 40.32% to 9,733 shares [2][3]. - Major shareholders include Hong Kong Central Clearing Limited and various investment funds, indicating a diversified ownership structure [3].

Group 1 - The core viewpoint of the news is that Lexin Technology has seen a significant increase in its stock price, rising 1.26% to 206.80 CNY per share, with a total market capitalization of 32.406 billion CNY and a cumulative increase of 12.18% over three consecutive days [1] - Lexin Technology, established on April 29, 2008, and listed on July 22, 2019, specializes in the research, design, and sales of integrated circuit products, with its main revenue sources being modules and development kits (60.47%), chips (38.89%), and others (0.64%) [1] - The trading volume for Lexin Technology reached 1.507 billion CNY, with a turnover rate of 4.71% [1] Group 2 - The Oriental Alpha Fund's Advantage Industry Mixed A (009644) has increased its holdings in Lexin Technology by 428,200 shares in the second quarter, bringing its total to 1.2175 million shares, which accounts for 0.78% of the circulating shares [2] - The fund has achieved a year-to-date return of 79.5% and a one-year return of 119.16%, ranking 228 out of 8173 and 338 out of 7996 respectively in its category [2] - The fund manager, Tang Lei, has a tenure of 9 years and 88 days, with the fund's total asset size at 2.819 billion CNY and a best return of 113.23% during his tenure [2] Group 3 - Lexin Technology is the fifth largest holding in the Oriental Alpha Fund's Advantage Industry Mixed A (009644), representing 6.31% of the fund's net value [3] - The fund has realized a floating profit of approximately 3.129 million CNY today and a total floating profit of 27.3453 million CNY during the three-day stock price increase [3]

9月22日，乐鑫科技涨7.41%，截至发稿，报198.00元/股，成交3.33亿元，换手率1.09%，总市值310.27 亿元。 资料显示，乐鑫信息科技(上海)股份有限公司位于上海市浦东新区御北路235弄3号楼1-7层，成立日期 2008年4月29日，上市日期2019年7月22日，公司主营业务涉及集成电路产品的研发设计和销售。主营业 务收入构成为：模组及开发套件60.47%，芯片38.89%，其他0.64%。 从基金十大重仓股角度 数据显示，前海开源基金旗下1只基金重仓乐鑫科技。前海开源人工智能主题混合A（001986）二季度 持有股数29.04万股，占基金净值比例为7.04%，位居第三大重仓股。根据测算，今日浮盈赚取约396.74 万元。 前海开源人工智能主题混合A（001986）成立日期2016年5月4日，最新规模5.82亿。今年以来收益 0.56%，同类排名7997/8244；近一年收益33.24%，同类排名4797/8066；成立以来收益50.03%。 前海开源人工智能主题混合A（001986）基金经理为魏淳。 截至发稿，魏淳累计任职时间6年259天，现任基金资产总规模11.97亿元，任职期间最佳基金 ...

9月18日，乐鑫科技涨5.27%，截至发稿，报201.50元/股，成交6.76亿元，换手率2.20%，总市值315.76 亿元。 王星星累计任职时间2年83天，现任基金资产总规模9.88亿元，任职期间最佳基金回报64.21%， 任职期 间最差基金回报27.7%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 资料显示，乐鑫信息科技(上海)股份有限公司位于上海市浦东新区御北路235弄3号楼1-7层，成立日期 2008年4月29日，上市日期2019年7月22日，公司主营业务涉及集成电路产品的研发设计和销售。主营业 务收入构成为：模组及开发套件60.47%，芯片38.89%，其他0.64%。 从基金十大重仓股角度 数据显示，汇添富基金旗下1只基金重仓乐鑫科技。汇添富中证1000指数增强A（017953）二季度持有 股数1.44万股，占基金净值比例为0.48%，位居第八大重仓股。根据测算，今日浮盈赚取约14.53万元。 汇添富中证1000指数增强A（0179 ...

Core Viewpoint - Lexin Technology's stock has shown a significant increase in value this year, with a year-to-date rise of 18.71% and a 40% increase over the past 60 days, despite a recent decline in trading [1][2]. Company Overview - Lexin Technology, established on April 29, 2008, and listed on July 22, 2019, is based in Shanghai and specializes in the research, design, and sales of integrated circuit products [1]. - The company's main revenue sources are modules and development kits (60.47%), chips (38.89%), and other products (0.64%) [1]. Financial Performance - For the first half of 2025, Lexin Technology reported a revenue of 1.246 billion yuan, representing a year-on-year growth of 35.35%, and a net profit attributable to shareholders of 261 million yuan, up 72.29% year-on-year [2]. - Since its A-share listing, Lexin Technology has distributed a total of 384 million yuan in dividends, with 145 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, Lexin Technology had 16,100 shareholders, a decrease of 0.47% from the previous period, with an average of 9,733 circulating shares per shareholder, an increase of 40.32% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and several investment funds, with notable increases in their holdings [3].

Company Overview - Lexin Technology, established on April 29, 2008, is located in Shanghai and specializes in the research, design, and sales of integrated circuit products [1] - The company's main revenue sources are modules and development kits (60.47%), chips (38.89%), and others (0.64%) [1] Stock Performance - As of September 4, Lexin Technology's stock price was 183.86 CNY per share, with a market capitalization of 28.811 billion CNY [1] - The stock has increased by 18.11% year-to-date, but has seen a decline of 17.51% over the last five trading days [1] - The stock has experienced a 34.20% increase over the past 60 days [1] Financial Performance - For the first half of 2025, Lexin Technology reported a revenue of 1.246 billion CNY, representing a year-on-year growth of 35.35% [2] - The net profit attributable to shareholders for the same period was 261 million CNY, showing a significant increase of 72.29% year-on-year [2] Shareholder Information - As of June 30, 2025, the number of shareholders was 16,100, a decrease of 0.47% from the previous period [2] - The average number of tradable shares per shareholder increased by 40.32% to 9,733 shares [2] Dividends and Institutional Holdings - Lexin Technology has distributed a total of 384 million CNY in dividends since its A-share listing, with 145 million CNY distributed in the last three years [3] - Major institutional shareholders include Hong Kong Central Clearing Limited and Jiashi Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF, both of which have increased their holdings [3]

Investment Rating - The report maintains a "Recommended" rating for the company, with projected revenue growth and profitability improvements [6]. Core Insights - The company has shown steady improvement in gross margin and rapid growth in its module business, with a projected revenue increase from 20.07 billion yuan in 2024 to 40.45 billion yuan in 2027 [2][6]. - The company achieved a revenue of 12.46 billion yuan in the first half of 2025, a year-on-year increase of 35.35%, and a net profit of 2.61 billion yuan, up 72.29% year-on-year [6]. - The module and development kit segment generated 7.53 billion yuan in revenue, representing a 41.61% year-on-year growth, while the chip segment saw a revenue of 4.84 billion yuan, a 27.05% increase [6]. - The overall gross margin improved to 45.20%, up 2.01 percentage points year-on-year, with the second quarter of 2025 showing a gross margin of 46.69% [6]. - The company is positioned as a professional chip design enterprise in the IoT sector, focusing on "processing + connectivity" and plans to continue increasing R&D investment to enhance product performance and market share [6]. Financial Forecasts - Projected financial metrics for the company are as follows: - Revenue (billion yuan): 20.07 (2024A), 26.65 (2025E), 33.16 (2026E), 40.45 (2027E) [2][8] - Net profit (billion yuan): 3.39 (2024A), 5.17 (2025E), 6.83 (2026E), 8.88 (2027E) [2][8] - Gross margin (%): 43.91 (2024A), 44.62 (2025E), 44.72 (2026E), 45.85 (2027E) [2][8] - Diluted EPS (yuan): 2.17 (2024A), 3.30 (2025E), 4.36 (2026E), 5.66 (2027E) [2][8] - The company’s PE ratio is projected to decrease from 88.27 in 2024 to 33.75 in 2027, indicating improving valuation metrics [2][8].