Core Viewpoint - The stock price of Chip Origin Co., Ltd. reached a historical high of 237.79 yuan on January 26, 2026, but shortly after, the company announced a shareholder reduction plan, coinciding with the second-largest shareholder, the National Integrated Circuit Fund, also announcing a reduction plan. Despite the rising stock price, the company has reported losses for three consecutive years [2]. Group 1: Stock Performance and Shareholder Actions - Chip Origin's stock price peaked at 237.79 yuan, marking a historical high [2] - A week later, the company announced a shareholder reduction plan, with the second-largest shareholder also planning to reduce holdings [2] - Over 24.86 million shares will be released for trading starting December 30, 2025 [2] Group 2: Financial Performance - The company has reported losses for three consecutive years [2] - Institutions participating in the company's private placement have seen a floating profit of approximately 1.86 times, with a total investment of about 1.807 billion yuan, now valued at approximately 5.167 billion yuan based on current stock prices [2] - Despite ongoing losses, the company has maintained high order levels for nine consecutive quarters, with new orders in 2025 amounting to 5.960 billion yuan, a year-on-year increase of 103.41% [2] Group 3: Order Backlog and Future Prospects - As of the end of 2025, the company's order backlog reached 5.075 billion yuan, a significant increase of 54.45% from the end of the third quarter [2] - Over 80% of the backlog is expected to convert within a year, with nearly 60% of the orders related to data processing applications [2]

Group 1 - The company, Taijing Technology (603738), is increasing its product layout and production line investment in high-growth areas such as automotive electronics, optical communication, data centers, and AI computing power [1] - The company claims to have the capability to meet market demand in these sectors [1]

Core Insights - The company, Chip Origin Co., reported that as of December 25, 2025, it signed new orders worth 2.494 billion yuan in the fourth quarter, with over 84% of these orders related to AI computing power projects, including both cloud-side and edge-side AI applications [1] Group 1 - The total new orders signed by the company in Q4 amounted to 2.494 billion yuan [1] - AI computing power-related orders constituted more than 84% of the total new orders [1] - The projects include both cloud-side and edge-side AI applications [1]

Core Viewpoint - Chip Origin Co., Ltd. plans to acquire 97.007% equity of Chip Lai Zhirong Semiconductor Technology (Shanghai) Co., Ltd. through a combination of issuing shares and cash payment, making it a wholly-owned subsidiary after the transaction [2] Group 1: Acquisition Details - The acquisition involves 31 transaction parties, including Chip Lai Gong Chuang (Shanghai) Management Consulting Center and Hu Zhenbo [2] - As of the signing date of the proposal, Chip Origin directly holds 2.9930% equity in Chip Lai Technology [2] - The company intends to issue shares to no more than 35 specific investors to raise matching funds for the acquisition [2] Group 2: Stock Trading and Suspension - Chip Origin's stock will resume trading on September 12, 2025, after being suspended since August 29, 2025, due to the acquisition announcement [2] Group 3: Order Situation - As of the end of Q2 2025, Chip Origin's order backlog reached 3.025 billion yuan, maintaining a high level for seven consecutive quarters, marking a historical high for the company [2] - From July 1 to September 11, 2025, the company signed new orders worth 1.205 billion yuan, representing a significant increase of 85.88% compared to the entire third quarter of the previous year [2] - AI computing-related orders accounted for approximately 64% of the new signed orders, indicating a strong focus on this segment [2]

格隆汇9月12日｜芯原股份(688521.SH)今日复牌，盘初涨近20%，报183.4元。消息面上，芯原股份宣布 将以发行股份及支付现金方式购买芯来智融股权，股票今日复牌。芯原股份还称，截至2025年第二季度 末，在手订单金额为30.25亿元，创历史新高。2025年7月1日至2025年9月11日，公司新签订单12.05亿 元，较去年第三季度全期大幅增长85.88%，新签订单已创历史新高，其中AI算力相关的订单占比约 64%。 (责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

格隆汇9月12日｜芯原股份(688521.SH)今日复牌，盘初涨近20%，报183.4元。消息面上，芯原股份宣布将以发行股份及支付现金方式购买芯来智融股权， 股票今日复牌。芯原股份还称，截至2025年第二季度末，在手订单金额为30.25亿元，创历史新高。2025年7月1日至2025年9月11日，公司新签订单12.05亿 元，较去年第三季度全期大幅增长85.88%，新签订单已创历史新高，其中AI算力相关的订单占比约64%。 ...

芯原股份复牌高开超8%，公司公告称，7月1日至9月11日新签订单12.05亿元创历史新高，AI算力相关 的订单占比约64%。 ...

芯原股份同时披露，截至2025年第二季度末，公司在手订单金额为30.25亿元，已连续七个季度保持高 位，创公司历史新高。2025年7月1日至2025年9月11日，公司新签订单12.05亿元，较去年第三季度全期 大幅增长85.88%，新签订单已创历史新高，其中AI算力相关的订单占比约64%。 9月11日晚间，芯原股份公告称，公司拟通过发行股份及支付现金方式向芯来共创、胡振波、芯来合创 等31名交易对方购买其合计持有的芯来科技97.0070%股权，并募集配套资金。截至目前，上市公司直 接持有芯来科技2.9930%股权，本次交易完成后，芯来科技将成为上市公司的全资子公司。公司股票将 于9月12日开市起复牌。 （文章来源：21世纪经济报道） ...

（文章来源：证券日报） 证券日报网讯 9月11日晚间，芯原股份发布公告称，截至2025年第二季度末，芯原微电子（上海）股份 有限公司（以下简称"公司"）在手订单金额为30.25亿元，已连续七个季度保持高位，创公司历史新 高。2025年7月1日至2025年9月11日，公司新签订单12.05亿元，较去年第三季度全期大幅增长85.88%， 新签订单已创历史新高，其中AI算力相关的订单占比约64%。除新签订单创历史新高外，公司在手订单 持续保持高位，预计将对公司后续经营业绩产生深远的影响。 ...

9月11日下午，芯原股份公告，截至2025年第二季度末，公司在手订单金额为30.25亿元，已连续七个季 度保持高位，创公司历史新高。2025年7月1日至2025年9月11日，公司新签订单12.05亿元，较去年第三 季度全期大幅增长85.88%，新签订单已创历史新高，其中AI算力相关的订单占比约64%。除新签订单创 历史新高外，公司在手订单持续保持高位，预计将对公司后续经营业绩产生深远的影响。 ...