Core Viewpoint - The company reported a revenue of 974 million yuan for the first half of 2025, showing a year-on-year growth of 4.49%, but incurred a net loss of 320 million yuan [1] Financial Performance - The company achieved an intellectual property licensing revenue of 187 million yuan in Q2 2025, with a quarter-on-quarter increase of 99.63% and a year-on-year increase of 16.97% [1] - In Q2 2025, the company generated 261 million yuan from mass production business, reflecting a quarter-on-quarter growth of 79.01% and a year-on-year growth of 11.65% [1] Order and Contract Activity - The company signed new orders worth 1.182 billion yuan in Q2 2025, representing a nearly 150% increase compared to the previous quarter [1]

Core Viewpoint - The company, Chip Origin Co., Ltd. (688521), anticipates a significant increase in revenue and order backlog by the second quarter of 2025, driven by growth in intellectual property licensing and mass production business [1] Financial Performance - The company expects to achieve approximately 584 million yuan in revenue for the second quarter of 2025, representing a quarter-on-quarter growth of 49.9% [1] - The projected order backlog by the end of the second quarter of 2025 is 3.025 billion yuan, marking a 23.17% increase from the end of the first quarter of 2025, setting a new historical high for the company [1] Revenue Breakdown - The anticipated revenue from intellectual property licensing for the second quarter of 2025 is 187 million yuan, reflecting a quarter-on-quarter growth of 99.63% and a year-on-year growth of 16.97% [1] - The expected revenue from mass production business for the second quarter of 2025 is 261 million yuan, with a quarter-on-quarter growth of 79.01% and a year-on-year growth of 11.65% [1] Profitability Outlook - The company forecasts continued improvement in profitability for the second quarter of 2025, with a significant reduction in quarterly losses compared to previous periods [1]

Core Viewpoint - The company expects significant revenue growth and improvement in profitability for the second quarter of 2025, driven by increased orders and substantial growth in intellectual property licensing fees and volume business revenue [1] Financial Performance - The company anticipates achieving approximately 584 million yuan in revenue for the second quarter of 2025, representing a quarter-on-quarter increase of 49.90% [1] - The expected order backlog by the end of the second quarter of 2025 is 3.025 billion yuan, which is a 23.17% increase compared to the end of the first quarter of 2025, marking a historical high [1] - Projected revenue from intellectual property licensing fees is 187 million yuan for the second quarter of 2025, reflecting a quarter-on-quarter growth of 99.63% and a year-on-year increase of 16.97% [1] - The anticipated revenue from volume business is 261 million yuan, with a quarter-on-quarter increase of 79.01% and a year-on-year growth of 11.65% [1] Profitability Outlook - The company expects continued improvement in profitability for the second quarter of 2025, with a significant reduction in quarterly losses compared to previous periods [1]

2025 年 04 月 28 日 芯原股份(688521.SH) 25Q1 营收高增，有望长期受益 AIGC、 自动驾驶、Chiplet 等新产业趋势 事件： 4 月 25 日，公司发布 2025 年一季报。25Q1 实现营收 3.90 亿元， 同比+22.49%；实现归母净利润-2.2 亿元，毛利率 39.06%，24Q4 为 33.34%。公司持续保持高强度研发投入，2024 年投入研发费 12.47 亿元，25Q1 研发费 3 亿元。 25Q1 营收高增，有望长期受益 AI 产业趋势。 根据公司一季报，按下游领域划分：来自系统厂、互联网公司、 云服务提供商、车企等营收占比 37.3%；消费电子收入同比 +103.81%，营收占比 44.12%。按业务类型划分：芯片设计业务收 入 1.22 亿元，同比+40.75%，其中 28nm 及以下工艺节点收入占比 89.05%，14nm 及以下工艺节点收入占比 63.14%；量产业务收入 1.46 亿元，同比+40.33%；半导体 IP 授权同比小幅下滑。根据公 司年报，公司深化布局 AIGC、数据中心、智驾系统、智慧可穿戴 设备、物联网、Chiplet 等领域： ...