如果您希望可以时常见面，欢迎标星收藏哦~ 12月初，本土模拟芯片领航者纳芯微正式登录港股市场。在纳芯微电子创始人、董事长、 CEO王升杨先生看来，港股上市是纳芯微全球化征程的重要支点。 他进一步指出，香港作为连接中国与全球的资本与人才枢纽，既与中国产业优势紧密协同，又能汇 聚全球资源。因此展望未来，纳芯微会把香港作为海外业务的总部。把中国的产业优势和全球化的 资源有机结合起来，驱动纳芯微未来的全球化战略。 "我们希望以香港上市为契机，持续吸纳全球顶尖人才，持续深化全球战略合作，持续服务好全球 客户，把纳芯微从一家本土的芯片公司，逐渐变成一家立足中国、拥抱全球的国际化芯片企业。这 是我们在未来新的战略周期里，一起努力奋斗的目标。"王升杨自信满满地说。 对于这家成立快13年的本土模拟芯片领航者来说，他们也有足够的底气。 做难而正确的事，杀出重围 众所周知，在2018年之前，芯片没那么热门。当时的芯片行业也基本都是赢家通吃。这也就导致 当时的国产芯片初创企业大多集中在红海市场，以低价去替代海外巨头的产品。 纳芯微电子创始人、董事长、CEO王升杨先生 在产品布局方面，据王升杨介绍，历经这些年的发展，公司可销售料号数量 ...

Summary of Naxin Micro's Conference Call Company Overview - **Company**: Naxin Micro - **Industry**: Semiconductor, focusing on automotive electronics, energy, and consumer electronics Key Financial Highlights - **Revenue Growth**: 2025 H1 revenue increased by nearly 79% YoY, reaching 15.23 billion RMB, marking the eighth consecutive quarter of record revenue [2][3][17] - **Gross Margin**: Gross margin improved to 36% in Q2 2025, up from 31% in Q4 2024 and 34% in Q1 2025 [3][20] - **Net Profit**: Net loss narrowed to approximately 40 million RMB in H1 2025, showing significant improvement compared to the previous year [3] Market Segmentation - **Core Markets**: Automotive electronics (34% of revenue) and energy (53% of revenue) are the two main markets, with consumer electronics contributing 13% [2][6] - **Automotive Electronics**: Products cover three electric systems and smart cockpits, with a projected single vehicle value of 1,500 RMB by year-end [2][12] - **Energy Sector**: Significant demand for AI server power modules and a recovery in the photovoltaic market since Q2 2025 [2][9] Product Line Performance - **Product Lines**: Four main product areas: sensors, signal chains, power management, and MCUs [4][5] - **Growth Rates**: - Sensors: 350% YoY growth, largely due to the acquisition of Magin [18] - Power Management: 73% YoY growth [18] - Signal Chains: 29% YoY growth [18] - **Revenue Contribution**: Each product line contributes approximately 30% to total revenue [5] Downstream Market Dynamics - **Market Growth**: Automotive electronics grew by 82% YoY, energy by 78%, and consumer electronics by 74% [6][7] - **AI Server Demand**: Increased demand for AI server power modules is a significant growth driver [9] Competitive Landscape - **Customer Base**: Diverse customer structure in automotive electronics, with no reliance on a single client [12][13] - **International Expansion**: Rapid growth in overseas markets, particularly in Europe, with partnerships with leading TIER 1 manufacturers [15][22] Future Outlook - **Market Trends**: Strong growth potential in automotive electronics and energy sectors, particularly for analog chips in electric vehicles [14] - **Product Development**: Focus on new applications and enhancing safety features in isolation products [21][23] - **Emerging Markets**: Robotics is identified as a key growth area, with a comprehensive product portfolio for various robotic applications [26] Additional Insights - **Cost Management**: Gradual improvement in gross margin due to cost control and increased high-margin product sales [20] - **R&D Focus**: Continued investment in R&D to maintain competitive advantage and adapt to market changes [13][21] This summary encapsulates the key points from Naxin Micro's conference call, highlighting the company's strong financial performance, market positioning, product growth, and future strategies.