12月9日，紫光国微在投资者互动平台表示，公司汽车域控芯片THA6第一代系列产品已上车量产，第二代系列产品适配十多款国内外主流工具链、基础 软件，已导入多家主机厂和Tier1，公司正持续积极拓展更多客户导入机会，2026年有望逐步推进量产。 紫光国微在半导体集成电路设计领域深耕二十余年，在研发能力、核心技术、供应链和客户资源等方面积累形成了体系化的竞争优势，已成为国内半导体 集成电路设计企业龙头之一。 在特种集成电路和智能安全芯片领域，公司是国内最早从事相关设计研发的企业之一，在国内具有广泛的品牌影响力和知名度。在特种集成电路领域，公 司是国内特种集成电路的重要供应商之一，用户遍及各相关领域。在智能安全芯片领域，公司SIM卡芯片业务在国内和全球的市场占有率均名列前茅，公 司金融IC卡芯片、身份证读头以及POS机SE芯片的市场份额均为国内领先，公司在汽车电子芯片的部分领域处于国内领先地位。 在商业航天领域，公司的FPGA、回读刷新芯片、存储器、总线接口等系列产品正陆续导入，目前进展良好。图像AI可以应用到商业航天领域。商业航天 产业链较长、集成电路需求量较大，基于现有产品公司还在不断的开拓新的应用场景。 在商业 ...

Core Viewpoint - Unisoc achieved a net profit of 692 million yuan in the first half of 2025, representing a year-on-year decline of 6.18% [1] Financial Performance - In Q2, the net profit reached 573 million yuan, showing a year-on-year increase of 33% and a quarter-on-quarter increase of 381% [1] - Q2 gross margin was 56.30%, with a quarter-on-quarter increase of 2.2 percentage points [1] Business Expansion - The company has over 800 varieties in special integrated circuits, with expertise in AI + visual perception, processors, programmable devices, memory, networking and interfaces, analog devices, and ASIC/SoPC [1] - New application scenarios have been expanded into commercial aerospace, alongside traditional business foundations [1] Market Position - The company continues to excel in the smart card sector, with leading market shares in SIM card chips both in China and globally [1] - It holds a leading position in the domestic market for financial IC card chips, ID card readers, and POS machine SE chips [1] - In certain areas of automotive electronic chips, the company is also a domestic leader [1] Future Outlook - As a leading domestic enterprise in special chips, the company is expected to benefit from the recovery of special demand and the growth potential brought by innovative product lines [1] - The report initiates coverage with a "buy" rating [1]

Core Insights - Unigroup Guowei achieved a net profit attributable to shareholders of 692 million yuan in the first half of 2025, representing a year-on-year decrease of 6.18% [1] - In Q2, the net profit attributable to shareholders was 573 million yuan, showing a year-on-year increase of 33% and a quarter-on-quarter increase of 381% [1] - The gross margin for Q2 was 56.30%, with a quarter-on-quarter increase of 2.2 percentage points [1] Business Performance - The company has over 800 varieties in special integrated circuits, with expertise in AI + visual perception, processors, programmable devices, memory, networking and interfaces, analog devices, and ASIC/SoPC [1] - Unigroup Guowei is expanding into new application scenarios such as commercial aerospace while solidifying its traditional business downstream [1] - The company continues to make breakthroughs in the smart card sector, with its SIM card chip business ranking among the top in both China and globally [1] Market Position - The company holds a leading market share in financial IC card chips, ID card readers, and POS machine SE chips domestically [1] - In certain areas of automotive electronic chips, the company is also positioned as a domestic leader [1] - As a domestic leader in special chips, the company is expected to benefit from the recovery of special demand and the growth potential from innovative product lines [1]