格隆汇2月26日丨芯海科技(688595.SH)在投资者互动平台表示，公司始终坚持以"模拟+MCU"双平台技 术为核心，持续推动各产品线的商业化落地。目前EC芯片已进入全球主流笔电供应链并实现大规模出 货，super IO芯片作为台式计算机的核心配套芯片，已在客户端顺利量产。针对边缘计算及服务器市场 的轻量级edge BMC管理芯片，目前已实现量产销售，正伴随边缘计算与服务器需求增长而稳步导入更 多客户。压力触控芯片、PD及BMS芯片作为公司成熟产品线，持续贡献营收，其中BMS产品在笔记本 电脑、无人机等领域的头部客户已实现大批量出货。今年核心增长点将主要来自通信与计算机相关芯片 及BMS等核心产品的持续放量。我们将继续聚焦"芯片+算法+场景+AI"的战略，稳步推进各业务线发 展。 ...

Core Viewpoint - The company expects revenue growth in 2025 but anticipates a net loss, while also disclosing advancements in automotive-grade MCU and EC chips [1][2]. Group 1: Financial Performance - The company forecasts a total revenue of approximately 848 million yuan for 2025, representing a year-on-year growth of about 21% [2]. - The net loss attributable to the parent company is expected to be around 106 million yuan, which is a reduction in loss of approximately 67 million yuan compared to the previous year [2]. Group 2: Business Developments - The lightweight edge BMC management chip is steadily being introduced to customers due to the growing demand in the edge computing and server markets [3]. - The EC chip has entered the global mainstream laptop supply chain and is being shipped in large quantities [3]. - The automotive-grade MCU chip has been adopted by multiple automotive clients and has achieved mass production [4]. - Pressure touch products are being applied in Quark AI glasses [4]. - The company's AI strategy focuses on "chips + algorithms + solutions" and does not involve the development of AI intelligent agents, emphasizing integration with the full signal chain technology [4]. Group 3: Stock Performance - On February 10, 2026, the stock price fell by 2.97% with a trading volume of 148 million yuan and a net outflow of main funds [5]. - On February 11, 2026, the stock price increased by 2.01% with a trading volume of 76.7 million yuan and a net inflow of main funds [5]. - The stock price experienced a single-day drop of 7.45% on February 2, 2026, with a fund heavily invested in this stock [6]. Group 4: Company Status - As of November 18, 2025, the company announced that the share repurchase plan had not resulted in any share reductions, maintaining a current holding ratio of 1.59% [7].

证券日报网讯2月11日，芯海科技在互动平台回答投资者提问时表示，EC、边缘计算及健康管理芯片是 公司基于"芯片+算法+AI"全栈能力打造的战略性产品，其市场导入与上量周期与传统消费芯片不同， 需要与终端生态进行深度协同研发与验证。目前，公司EC芯片已进入全球主流笔电供应链并实现大规 模出货；轻量级edgeBMC管理芯片正随边缘计算及服务器市场的需求增长而稳步导入客户；健康管理 芯片及方案则与行业伙伴共同推进从精准测量到健康服务的闭环构建。公司将持续聚焦这些高潜力赛 道，通过深化与核心客户的联合创新、加快场景化方案落地来加速商业化进程，这些布局将为公司带来 长期而独特的增长动能。 ...

格隆汇2月11日丨芯海科技(688595.SH)在投资者互动平台表示，EC、边缘计算及健康管理芯片是公司基 于"芯片+算法+AI"全栈能力打造的战略性产品，其市场导入与上量周期与传统消费芯片不同，需要与 终端生态进行深度协同研发与验证。目前，公司EC芯片已进入全球主流笔电供应链并实现大规模出 货；轻量级edge BMC管理芯片正随边缘计算及服务器市场的需求增长而稳步导入客户；健康管理芯片 及方案则与行业伙伴共同推进从精准测量到健康服务的闭环构建。公司将持续聚焦这些高潜力赛道，通 过深化与核心客户的联合创新、加快场景化方案落地来加速商业化进程，这些布局将为公司带来长期而 独特的增长动能。 ...

Core Viewpoint - The company is positioned to capitalize on the domestic substitution opportunity in the CPU market, particularly as global supply constraints affect major players like Intel and AMD [1] Group 1: Market Dynamics - Intel and AMD are experiencing production shortages, which may lead to prioritizing server CPU supply over PC CPUs, resulting in a tight supply for PC CPUs [1] - The entire CPU industry chain is expected to see price increases, similar to the logic behind rising storage prices [1] Group 2: Domestic Substitution Strategy - The company has completed compatibility work with major domestic laptop manufacturers for its EC products [1] - The company aims to leverage the "domestic substitution" trend by understanding niche markets and application scenarios, providing innovative products and quality services to meet user demands [1] - The company is the only EC chip manufacturer in mainland China and is focusing on adapting its products to work with domestic CPU manufacturers like Haiguang and Youxin [1]

Core Viewpoint - The company is focusing on the development of artificial intelligence technology, particularly in the AI consumer terminal sector [1] Group 1: Company Developments - The company has announced its attention towards AI technology advancements [1] - The company's EC chips will be featured in the upcoming AI PC MagicBook Pro 16, set to launch in March 2024, and the AI PC MagicBook Pro 14 series, scheduled for February 2025 [1] - The company's pressure touch products have already been applied in Quark AI glasses [1]

Core Viewpoint - Chipsea Technology (688595.SH) has been included in AMD's Approved Vendor List for its EC chips, allowing notebook manufacturers to choose Chipsea's products on the AMD platform in addition to Intel [1] Company Summary - Chipsea Technology's EC chips are now recognized by AMD, expanding their market potential beyond Intel platforms [1] - The company will not supply products directly to AMD, indicating a focus on partnerships with notebook manufacturers [1]

Core Viewpoint - Chipsea Technology reported significant improvements in its financial performance for Q3 2025, with a revenue of 615 million yuan, a year-on-year increase of 19.59%, and a reduced net loss of 62.98 million yuan, indicating enhanced operational efficiency and scale effects [1] Financial Performance - The company achieved a quarterly revenue of 241 million yuan in Q3, marking a year-on-year growth of 46.85% and a quarter-on-quarter increase of 11.92%, signaling strong growth momentum for the year [1] Product Development and Market Position - Chipsea Technology's product structure has been optimized, with high-value new products driving growth, particularly in the lithium battery management sector, where BMS chips have achieved full-scene coverage and large-scale production [2] - The wearable PPG signal acquisition chip has also performed well, supporting high-precision monitoring of physiological parameters and achieving mass production in benchmark clients [2] - In the computing and communication sector, the EC chip has become the first in mainland China to receive dual certification from Intel and AMD, contributing to the expansion of the product ecosystem [3] Supply Chain and Innovation - The company is enhancing its supply chain resilience by transitioning from domestic substitution to innovation, establishing stable partnerships with leading domestic manufacturers and reinforcing capacity supply [4] - Chipsea Technology's R&D investment reached 194 million yuan in the first three quarters, accounting for 31.60% of revenue, with numerous patents approved, strengthening its competitive edge [4] AI Strategy and Future Growth - The company is strategically positioning itself in the AI sector through a "cloud-edge-end" collaborative development approach, integrating AI technology into various applications [5] - The launch of lightweight edge BMC management chips and collaborations in emerging fields like robotics are part of the company's efforts to innovate and reduce operational costs [6] - Chipsea Technology aims to build competitive barriers through a diversified product matrix and comprehensive solutions, with expectations for continued performance improvement in sectors like PC, automotive, and industrial applications [6]