Core Viewpoint - ChipLink Integrated experienced a stock price decline of 2.09% on November 18, with a current price of 7.01 CNY per share and a total market capitalization of 58.763 billion CNY [1] Financial Performance - For the period from January to September 2025, ChipLink Integrated reported a revenue of 5.422 billion CNY, representing a year-on-year growth of 19.23%. However, the net profit attributable to shareholders was -463 million CNY, showing a year-on-year increase of 32.32% in losses [2] Stock Market Activity - As of November 18, the stock had a trading volume of 5.87 billion CNY, with a turnover rate of 1.87%. The main funds saw a net outflow of 90.156 million CNY, with large orders accounting for 22.58% of purchases and 37.95% of sales [1] Shareholder Structure - As of September 30, 2025, the number of shareholders for ChipLink Integrated was 139,800, an increase of 0.34% from the previous period. The average number of circulating shares per person decreased by 0.34% to 31,681 shares [2] Business Overview - ChipLink Integrated, established on March 9, 2018, and listed on May 10, 2023, specializes in wafer foundry and module packaging testing services in the MEMS and power device sectors. The revenue composition includes 85.96% from integrated circuit wafer manufacturing, 9.24% from module packaging, 3.58% from other services, and 1.21% from R&D services [1] Industry Classification - The company is classified under the Shenwan industry category of Electronics - Semiconductors - Integrated Circuit Manufacturing, and is associated with concepts such as SMIC International, smart vehicles, IGBT concepts, integrated circuits, and analog chips [1]

Core Insights - ChipLink Integrated Circuit Manufacturing Co., Ltd. experienced a 2.15% decline in stock price on October 30, with a trading volume of 750 million yuan [1] - The company reported a net financing outflow of 26.41 million yuan on the same day, with a total financing and securities balance of 1.345 billion yuan [1][2] - For the period from January to September 2025, ChipLink achieved a revenue of 5.422 billion yuan, reflecting a year-on-year growth of 19.23%, while the net profit attributable to shareholders was a loss of 463 million yuan, an increase of 32.32% year-on-year [2] Financing and Trading Activity - On October 30, ChipLink had a financing buy-in amount of 62.29 million yuan, with a financing balance of 1.329 billion yuan, representing 4.71% of the circulating market value [1] - The company’s financing balance is above the 90th percentile level over the past year, indicating a high level of financing activity [1] - In terms of securities lending, ChipLink repaid 75,000 shares and sold 42,400 shares on October 30, with a remaining short position of 2.5 million shares valued at 159.25 million yuan [1] Shareholder Structure - As of September 30, 2025, ChipLink had 139,800 shareholders, a 0.34% increase from the previous period, with an average of 31,681 circulating shares per shareholder, a decrease of 0.34% [2] - The largest shareholder is E Fund's SSE Sci-Tech Innovation Board 50 ETF, holding 182 million shares, down by 23.21 million shares from the previous period [2] - Hong Kong Central Clearing Limited entered the top ten shareholders list, holding 50.48 million shares, while Guolian An's ETF exited the list [2]