韩勇锋建议，上市公司应建立精细化资金管理制度，避免出现超额度、超期限理财等违规行为。在提升 资金效率的同时，需坚守合规底线，确保资金使用与公司战略发展相匹配。 12月12日晚间，炬芯科技股份有限公司（以下简称"炬芯科技"）发布公告称，公司董事会审议通过议 案，拟使用最高不超过人民币4.5亿元（含）的暂时闲置募集资金及人民币16亿元（含）的暂时闲置自 有资金进行现金管理，使用期限为董事会审议通过之日起12个月内，额度内可循环滚动使用。 炬芯科技方面表示，将严格遵循合规要求。闲置募集资金将投向协定性存款、结构性存款等安全性高、 流动性好的产品，且通过专用账户运作，不用于质押及证券投资；自有资金则聚焦中低风险产品。上述 现金管理将由公司管理层在授权范围内进行决策，由财务部具体实施。公司已建立相关风控机制，独立 董事、董事会审计委员会有权进行监督，以确保资金安全。 "本次现金管理不会影响募投项目推进和日常经营，反而可以提高募集资金及自有资金使用效率，增加 公司现金资产收益，为股东谋取更多投资回报。"炬芯科技相关人士在接受《证券日报》记者采访时表 示。 "上市公司运用闲置募集资金理财的核心是合规运作。"一久（海南）私募 ...

Core Insights - The ultra-low-power MCU market is rapidly growing, projected to increase from $5.12 billion in 2024 to $5.66 billion in 2025, with a compound annual growth rate (CAGR) of 10.6% driven by rising demand for energy-efficient solutions in IoT, wearables, and smart home technologies [1] - Major MCU manufacturers are competing to capture market share in this emerging segment by leveraging various technological advancements and product innovations [1][7] Group 1: Ultra-Low-Power MCU Characteristics - Ultra-low-power MCUs operate at microamp levels, utilizing specialized designs to minimize power consumption and extend battery life [1] - Key methods to achieve low power consumption include optimizing chip area, power supply voltage, clock frequency, peripheral activation, and operational modes [2] - Advanced technologies such as Ambiq's SPOT allow MCUs to operate at sub-threshold voltages, significantly reducing power usage while maintaining functionality [3] Group 2: Technological Innovations - TSMC's ultra-low-power technology focuses on dynamic power optimization and static leakage control, enhancing performance while reducing power consumption [4] - NXP's adaptive dynamic voltage control system integrates real-time processing and ultra-low-power sensing capabilities, achieving low power consumption even in active modes [5] - Innatera's neuromorphic microcontroller mimics brain functions, achieving extremely low power consumption for AI applications, significantly outperforming traditional processors [6] Group 3: Market Trends and Applications - The ultra-low-power MCU market is expected to reach $8.37 billion by 2029, with a CAGR of 10.3%, indicating strong growth potential across various sectors [12] - Applications span automotive electronics, smart home devices, medical equipment, and wearables, with a focus on enhancing energy efficiency and extending battery life [12][13] - In smart home applications, ultra-low-power MCUs play a crucial role in sensor nodes, smart lighting, and security systems, ensuring long-term operation and effective data collection [13] Group 4: Competitive Landscape - Major companies like Renesas, STMicroelectronics, Texas Instruments, and others are actively developing ultra-low-power MCUs with competitive specifications [8][9][10][11] - The competitive landscape is characterized by a focus on maintaining high performance and small form factors while integrating AI capabilities [7] - Domestic MCU manufacturers are also intensifying their efforts to innovate and capture market share in the ultra-low-power segment [10]

Core Viewpoint - The company has approved the use of its own funds, bank acceptance bills, letters of credit, and foreign exchange to pay for overseas procurement required for fundraising projects, with subsequent equal replacement from the raised funds [2][7]. Fundraising Basic Situation - The company raised a total of RMB 122,046.91 million after deducting underwriting and sponsorship fees of RMB 90.42 million, with a net amount of RMB 119,486.61 million after accounting for additional external costs [2][3]. Fundraising Investment Project Situation - The total investment for the fundraising projects is RMB 47,325.00 million, with the same amount planned to be invested from the raised funds [4]. - New projects funded by excess raised funds total RMB 40,936.87 million, also fully covered by excess funds [4]. Reasons for Using Own Funds for Overseas Procurement - The company aims to enhance financial efficiency and reduce costs by using its own funds for overseas procurement, which aligns with the actual needs and operational practices [5][6]. - Unified procurement strategies necessitate the use of own funds to streamline payment processes and improve management efficiency [5][6]. Impact on the Company - The decision to use own funds for overseas procurement is expected to improve operational management efficiency and ensure the smooth progress of fundraising projects, benefiting the company and all shareholders [7]. Review and Decision-Making Process - The board of directors and the supervisory board approved the proposal on June 19, 2025, confirming that the decision complies with relevant laws and regulations [7][8]. Special Opinions - The supervisory board supports the decision, stating it facilitates daily management of raised funds and does not alter the intended use of the funds or harm shareholder interests [8]. - The sponsor has verified that the decision followed necessary approval procedures and complies with regulatory requirements [9].

Core Viewpoint - The company has approved a proposal to utilize its own funds, bank acceptance bills, letters of credit, and foreign exchange for overseas procurement during the implementation of fundraising projects, aiming to enhance fund utilization efficiency and ensure the smooth progress of fundraising projects [1] Fundraising Details - The net amount of funds raised by the company is 1.195 billion yuan, which will primarily be used for upgrading and industrializing smart Bluetooth audio chips, as well as for the research and industrialization of ultra-low-power MCUs targeting the wearable and IoT sectors [1]