证券日报网讯 11月18日晚间，立昂微发布公告称，嘉兴康晶半导体产业投资合伙企业（有限合伙） （简称"嘉兴康晶"）是一只定向投资于金瑞泓微电子（嘉兴）有限公司（简称"嘉兴金瑞泓"）41.3056% 股权的产业投资基金。2022年3月9日，公司召开第四届董事会第七次会议，审议通过了《关于控股子公 司签订的议案》，同意控股子公司金瑞泓微电子（衢州）有限公司在受让取得嘉兴金瑞泓控制权时，收 购取得嘉兴康晶46.6667%的财产份额，嘉兴康晶成为公司联营企业。2025年5月26日，公司召开第五届 董事会第九次会议，审议通过了《关于拟清算并注销嘉兴康晶半导体产业投资合伙企业（有限合伙）的 议案》，决定清算并注销嘉兴康晶。嘉兴康晶的全部剩余财产在合伙人之间已完成分配，嘉兴康晶已于 近日完成注销登记并取得嘉兴市南湖区行政审批局出具的注销登记通知书。 （文章来源：证券日报） ...

Market Overview - The main board saw significant gains with notable stocks such as Yuanlong Yatu (+10.02%), Langchao Software (+10.01%), and Rongji Software (+10.00%) leading the charge [1] - The ChiNext board experienced a surge with Fu Shi Holdings (+20.07%), Xuan Ya International (+20.01%), and Si Chuang Medical (+20.00%) [1] - The Sci-Tech Innovation board also performed well, highlighted by Longxun Co. (+20.00%), Guangyun Technology (+19.99%), and Dongxin Co. (+12.75%) [1] - Active sub-industries included SW Marketing Agency (+5.68%) and SW Semiconductor Equipment (+3.71%) [1] Domestic News - Li Cheng Technology's board approved a resolution to expand advanced packaging capacity, purchasing a factory from AU Optronics for NT$68.98 billion (approximately RMB 15.7 billion) to meet growing demand for panel-level fan-out packaging (FOPLP) [1] - Qingyi Optoelectronics launched a high-end mask production base in Foshan, covering mainstream and next-generation display technologies, including a-Si, LTPS, AMOLED, LTPO, and MicroLED [1] - Lian Micro announced an investment agreement to build a project with an annual output of 1.8 million 12-inch heavily doped substrate wafers, with a total investment of RMB 2.262 billion [1] - Shengmei Shanghai successfully delivered its first panel-level advanced packaging electroplating equipment, Ultra ECP ap-p, to a leading panel manufacturer [1] Company Announcements - Lian Micro completed the cancellation of Jiaxing Kangjing, with all remaining assets distributed among partners [2] - Chipeng Micro announced the early termination of a share reduction plan, reducing its shareholding to 31,711,604 shares (24.15%) [2] - Juguang Technology reported the unfreezing of 430,000 shares held by a major shareholder, accounting for 7.55% of his holdings and 0.48% of the company's total shares [2] - Donghua Software's general manager completed a share reduction plan, selling 1,519,180 shares, which is 0.0474% of the total shares [2] International News - GlobalFoundries acquired AMF, a Singapore-based chip manufacturer focused on silicon photonics, aiming to become the largest silicon photonics manufacturer globally [3] - ROHM launched an analog proximity sensor using VCSEL as the light-emitting element, capable of high-speed and high-precision detection [3] - LG Display reported an increase in panel prices per square meter, rising from $804 in Q1 to $1,365 in Q3, despite a 27.8% year-on-year decrease in shipment area [3] - International DRAM spot prices saw a steady increase, with DDR5 16G (2Gx8) prices rising by 0.27% to an average of $24.833 [3]

证券代码：605358 证券简称：立昂微 公告编号：2025-064 债券代码：111010 债券简称：立昂转债 关于嘉兴康晶注销完成的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、基金情况概述 嘉兴康晶半导体产业投资合伙企业（有限合伙）（以下简称"嘉兴康晶"）是一支定向投资 于金瑞泓微电子（嘉兴）有限公司（以下简称"嘉兴金瑞泓"）41.3056%股权的产业投资基金。 2022年3月9日，杭州立昂微电子股份有限公司（以下简称"公司"）召开第四届董事会第七次 会议，审议通过了《关于控股子公司签订<股权收购协议>的议案》，同意控股子公司金瑞泓微 电子（衢州）有限公司（以下简称"金瑞泓微电子"）在受让取得嘉兴金瑞泓控制权时，收购 取得嘉兴康晶46.6667%的财产份额，嘉兴康晶成为公司联营企业。 本次注销不会对公司的生产经营和后续发展产生实质性影响，不存在损害公司和全体股东 尤其是中小股东利益的情形。嘉兴康晶注销后，公司合并财务报表范围将相应发生变化。 特此公告。 杭州立昂微电子股份有限公司 2024年12月2日， ...

Core Viewpoint - Lian Microelectronics has experienced a decline in stock price and significant changes in shareholder structure, despite a year-to-date increase in stock value and revenue growth [1][2]. Group 1: Stock Performance - On November 18, Lian Microelectronics' stock fell by 2.02%, trading at 32.92 CNY per share, with a total market capitalization of 22.102 billion CNY [1]. - Year-to-date, the stock price has increased by 32.90%, but it has seen a decline of 8.81% over the last five trading days [1]. - The company has appeared on the "龙虎榜" (a stock market leaderboard) twice this year, with the most recent appearance on September 24 [1]. Group 2: Financial Performance - For the period from January to September 2025, Lian Microelectronics reported a revenue of 2.640 billion CNY, reflecting a year-on-year growth of 15.94% [2]. - The net profit attributable to shareholders was -108 million CNY, a significant decrease of 98.67% compared to the previous year [2]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 39.37% to 105,000, while the average number of circulating shares per person decreased by 28.25% to 6,394 shares [2]. - The company has distributed a total of 637 million CNY in dividends since its A-share listing, with 342 million CNY distributed over the past three years [3]. - Notable changes in institutional holdings include a decrease in shares held by the Southern CSI 500 ETF and the entry of the Guotai CSI Semiconductor Materials and Equipment Theme ETF as a new top ten shareholder [3].

Core Viewpoint - The company Lian Micro announced an investment plan for its subsidiary Jinrui Hong Microelectronics, aiming to build a project for an annual production capacity of 1.8 million pieces of 12-inch heavily doped substrate wafers, with a total investment of 2.262 billion yuan [2][3] Investment Details - The project will be located in the existing factory of Jinrui Hong Microelectronics in the East Port area of Quzhou Smart Manufacturing New City, utilizing approximately 19,000 square meters for partial renovation [2] - The total investment includes 2.196 billion yuan allocated for fixed assets, with construction expected to be completed by December 31, 2025, and a total construction period of about 60 months [2] - The funding will come entirely from the company's own and self-raised funds, with an annual investment of approximately 350 million yuan, which will not pressure existing business operations [2] Strategic Significance - The expansion is strategically targeted as the current production capacity of Jinrui Hong Microelectronics for heavily doped silicon wafers is nearing full capacity, driven by the rapid development of emerging industries such as electric vehicles, AI servers, and energy storage [3] - The project will produce 12-inch heavily doped substrate wafers, which are essential materials for high-end products used in AI server uninterruptible power supplies, energy storage inverters, charging piles, industrial electronics, and automotive electronics [3] Technical Aspects - Jinrui Hong Microelectronics has mastered the core technology for the complete process of 12-inch silicon wafers, employing self-developed key technologies for heavily doped single crystal silicon preparation [3] - The project will complement the existing annual production of 1.8 million pieces of 12-inch semiconductor silicon epitaxial wafers, creating an integrated production capability from substrate wafers to epitaxial wafers [3] Market Positioning - The implementation of the project is expected to significantly enhance the company's production capacity for heavily doped silicon wafers, helping to solidify its market leadership and improve the self-sufficiency of China's semiconductor silicon wafer production [3] - The project aligns with the development needs of domestic wafer fabs and aims to enhance the competitiveness of the entire semiconductor supply chain [3]

Core Viewpoint - The company Lianmicro plans to expand its production capacity by constructing a new project that will produce 1.8 million 12-inch silicon wafers annually, with an investment of approximately 350 million yuan per year over a construction period of about 60 months [1][1][1] Group 1: Project Details - Lianmicro's subsidiary, Jinruihong Microelectronics, will implement the expansion project within its existing facilities, which is designed to meet the growing market demand for high-end power devices [1][1] - The project will enhance the production of heavily doped silicon wafers, which are essential for applications in AI servers, energy storage inverters, charging piles, industrial electronics, and automotive electronics [1][1][1] Group 2: Financial Performance - In the first three quarters of 2023, Lianmicro reported a revenue of 2.64 billion yuan, a year-on-year increase of 15.94%, while the net profit attributable to shareholders was a loss of 108 million yuan [1][1] - The semiconductor silicon wafer segment generated a revenue of 1.98 billion yuan, reflecting a year-on-year growth of 19.66%, with 12-inch wafer sales increasing by 69.70% [1][1][1] Group 3: Market Dynamics - The company noted that the semiconductor industry typically experiences a price cycle that takes about six months to transmit from downstream chip prices to upstream silicon wafer prices [1][1] - Due to sufficient orders, the shipment volume of heavily doped silicon wafers has significantly increased both year-on-year and month-on-month [1][1][1]

Group 1: Company Announcements - Yaxing Chemical plans to acquire 100% equity of Tianyi Chemical through a combination of share issuance and cash payment, with the transaction expected to add bromine series fine chemical products to its portfolio [1] - Jierong Technology elected Zhao Xiaoqun as the new chairman following the resignation of Zhang Shouzhi due to work adjustments [2] - Huan Tai Liquor's controlling shareholder plans to increase its stake in the company by investing between 70 million to 140 million yuan within six months [5] - Unigroup plans to acquire 1.28 million USD worth of shares in H3C, increasing its ownership from 81% to 82.8% [7] - Daily Interactive intends to invest up to 10 million yuan in the Yuhang AI Fund, which has a total scale of up to 100 million yuan [11] - Daan Gene's indirect controlling shareholder is set to change to Guangzhou Pharmaceutical Group, which will control 26.63% of the company after the completion of share transfers [12] Group 2: Industry Insights - The basic chemical industry is represented by Yaxing Chemical, which focuses on chlorinated polyethylene and caustic soda production [1] - Jierong Technology operates in the electronic industry, specializing in precision molds and components [2] - Huan Tai Liquor is part of the food and beverage industry, specifically in the production and sale of alcoholic beverages [5] - Unigroup is involved in the IT services sector, providing comprehensive ICT infrastructure and services [7] - Daily Interactive operates in the software development industry, offering data intelligence products and solutions [11] - Daan Gene is in the medical biotechnology sector, focusing on molecular diagnostic technologies [12]

证券之星消息，11月17日，立昂微（605358）融资买入6552.97万元，融资偿还6423.85万元，融资净买 入129.12万元，融资余额10.42亿元，近3个交易日已连续净买入累计3348.17万元，近20个交易日中有11 个交易日出现融资净买入。 | 交易日 | 融资净买入(元) | 融资余额(元) | 占流通市值比 | | --- | --- | --- | --- | | 2025-11-17 | 129.12万 | 10.42亿 | 4.62% | | 2025-11-14 | 273.00万 | 10.41亿 | 4.66% | | 2025-11-13 | 2946.06万 | 10.38亿 | 4.41% | | 2025-11-12 | -2975.89万 | 10.09亿 | 4.28% | | 2025-11-11 | 7942.40万 | 10.38亿 | 4.28% | 融券方面，当日融券卖出6000.0股，融券偿还5.92万股，融券净买入5.32万股，融券余量29.48万股。 融资融券余额10.52亿元，较昨日下滑0.04%。 | 交易日 | 两融余额(元) | 余额变动(元 ...

Core Viewpoint - Lianmicro announced an investment of approximately 2.262 billion yuan to expand production capacity for 12-inch heavily doped substrate wafers, which is expected to meet the growing demand for high-end power devices in various applications [1][3]. Group 1: Investment and Project Details - The project will be implemented in the existing factory of Jinruihong Microelectronics and aims to produce 1.8 million pieces of 12-inch heavily doped substrate wafers annually [1][3]. - The total investment for the project is around 2.262 billion yuan, with an estimated construction period of 60 months and an annual investment of about 350 million yuan [1][3]. Group 2: Market Demand and Product Applications - The new production capacity will support the existing 1.8 million pieces per year of 12-inch semiconductor silicon epitaxial wafers, catering to high-end power device needs [3]. - The produced wafers will be used in applications such as AI server uninterruptible power supplies, energy storage inverters, charging piles, industrial electronics, servo drivers, consumer electronics, automotive electronics, home appliances, embedded systems, and industrial control [3]. Group 3: Company Performance and Market Position - Lianmicro reported a revenue of approximately 2.64 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 15.94%, while net losses reached 108 million yuan, an increase of 53.61 million yuan compared to the previous year [3]. - The semiconductor silicon wafer segment generated a main business income of 1.976 billion yuan, up 19.66% year-on-year [3]. - The company has a monthly production capacity of 150,000 pieces of 12-inch silicon wafers at its Chuzhou base, with a current strong market demand for low-resistance products [6]. Group 4: Industry Context - The production of large-size silicon wafers is technically challenging, with high barriers in technology and production equipment, while domestic capacity is primarily focused on smaller sizes [6]. - The demand for 12-inch silicon wafers is expected to continue rising due to developments in 5G, smartphones, and data centers, indicating significant potential for domestic import substitution [6].

Group 1: Financing and Investment Plans - Shengyi Electronics plans to raise no more than 2.6 billion yuan through a private placement to invest in AI computing HDI production base, smart manufacturing high-layer circuit board projects, and to supplement working capital and repay bank loans [2] - Lianmicro intends to invest 2.262 billion yuan to construct a project with an annual production capacity of 1.8 million pieces of 12-inch heavily doped substrate wafers [3] - Daimei Co. plans to invest 100 million yuan to establish a wholly-owned subsidiary focused on robotics technology [5] Group 2: Stock Performance and Trading - Furi Shares experienced a significant stock price fluctuation, with an 8-day cumulative deviation of 113.94%, indicating potential irrational speculation [2] - Tianfu Communication has set the initial inquiry transfer price at 140 yuan per share, reflecting a 7.2% discount from the closing price [7] - Ningde Times' third-largest shareholder is transferring shares at a price of 376.12 yuan per share, with full subscription from 16 institutional investors [6] Group 3: Operational Updates - Yongtai Technology's wholly-owned subsidiary is set to begin trial production of a lithium battery additive project with an annual capacity of 5,000 tons, increasing the total capacity to 10,000 tons per year [3] - Trina Solar's subsidiary signed contracts for the sale of 2.66 GWh of energy storage products, which is expected to positively impact future operating performance [5] - Yinglian Co. signed a strategic procurement contract for over 50 million square meters of composite aluminum foil materials for quasi-solid-state batteries, which will enhance its operational development in 2026-2027 [5] Group 4: Corporate Restructuring and Management - Huaxia Happiness has been designated a temporary manager for pre-restructuring by the court, pending a decision on its restructuring application [8] - The National Integrated Circuit Fund has reduced its stake in Shengke Communication by 2.49%, completing its planned share reduction [4]