乐鑫芯片产品矩阵 乐鑫信息科技（上海）股份有限公司 关于公司 2025 年度提质增效重回报专项行动方案的 半年度评估报告 为彰显"以投资者为本"的发展理念，并坚守维护股东利益的承诺，乐鑫科技 基于对未来发展的坚定信心、对企业价值的深刻认识以及对社会责任的认真履行， 于 2025 年 3 月 22 日发布了《关于"2025 年提质增效重回报"行动方案》，以维护 股价稳定性和塑造积极的市场形象，现将行动方案进展半年度评估情况公告如下： 一、聚焦经营主业，深耕 AIoT 芯片设计 乐鑫科技是物联网领域的专业芯片设计企业及整体解决方案供应商，公司以 "处理+连接"为方向，为用户提供 AIoT SoC 及其软件，现已发展成为一家物联网 技术生态型公司。2025 年上半年，公司实现营业收入 12.46 亿元，较 2024 年同 比增加 35.35%；归属于上市公司股东的净利润 26,126.22 万元，同比增加 72.29%； 归属于上市公司股东的扣除非经常性损益的净利润 23,923.76 万元，同比增加 64.22%。 随着 AI 技术的推出与发展，各行各业数字化与智能化渗透率将迎来显著提 升，"万物互联"向"万物智 ...

ESPRESSIF SYSTEMS 2025 Q2 & HALF-YEAR REPORT CONTENTS ESPRESSIF SYSTEMS 2025 Q2 & HALF-YEAR REPORT Contents | About Espressif | 03 | | --- | --- | | Core Competitiveness | 04 | | Core Technologies | 05 | | Edge-Cloud AI | 06 | | Business Highlights | 07 | | Key Financial Data | 07 | | Key Financial Indicators | 07 | | Financial Analysis | 08 | | Management Report | 09 | | Business Strategy | 09 | | Key Products - IoT Chips | 10 | | Key Products - Chip Matrix | 11 | | Key Products - M5Stack DevKits | 12 | | ...

证券代码：688018 证券简称：乐鑫科技 公告编号：2025-065 乐鑫信息科技（上海）股份有限公司 关于参加 2025 年半年度科创板芯片设计行业 集体业绩说明会的公告 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法律责任。 重要内容提示： （一）会议召开时间：2025 年 09 月 08 日（星期一）15:00-17:00 （二）会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） （三）会议召开方式：上证路演中心网络互动 https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 09 月 01 日（星期一）至 09 月 05 日（星期 五）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目、在 "乐鑫董办"微信公众号最新推文底部留言栏留言/后台私信或通过 公司邮箱 ir@espressif.com 进行提问。公司将在说明会上对投资者普 遍关注的问题进行回答。 乐鑫信息科技（上海）股份有限公司（以 ...

证券代码：688018 证券简称：乐鑫科技 公告编号：2025-064 乐鑫信息科技（上海）股份有限公司 第三届董事会第九次会议决议公告 一、董事会会议召开情况 乐鑫信息科技（上海）股份有限公司（以下简称"乐鑫科技"或"公司"） 第 三届董事会第九次会议（以下简称"本次会议"）于 2025 年 8 月 29 日在公司 304 会议室以现场方式召开。本次会议的通知于 2025 年 8 月 19 日通过电话及邮件方 式送达全体董事。会议应出席董事 7 人，实际到会董事 7 人，会议由公司董事长 TEO SWEE ANN 张瑞安主持，高级管理人员邵静博列席。会议的召集和召开程 序符合有关法律、行政法规、部门规章、规范性文件和公司章程的规定，会议决 议合法、有效。 二、董事会会议审议情况 本次会议由公司董事长 TEO SWEE ANN 张瑞安主持，经全体董事表决，形 成决议如下： （一）审议通过《关于审议<2025 年半年度报告>及摘要的议案》 经审核，董事会认为公司 2025 年半年度报告的编制和审议程序符合相关法 律法规及公司章程等内部规章制度的规定；公司 2025 年半年度报告的内容与格 式符合相关规定，公允地 ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2025, representing a year-over-year increase of 15%[1]. - Revenue for the first half of the year reached CNY 1,245,540,795.98, representing a 35.35% increase compared to CNY 920,212,266.02 in the same period last year[21]. - Total profit for the period was CNY 260,809,966.77, an increase of 83.30% from CNY 142,283,991.40 year-over-year[21]. - Net profit attributable to shareholders was CNY 261,262,177.23, up 72.29% from CNY 151,642,463.88 in the previous year[21]. - Operating revenue for the period was CNY 1.24554 billion, up CNY 325.33 million, reflecting a year-on-year increase of 35.35%[24]. - The comprehensive gross profit margin increased by 2.00 percentage points, with total gross profit amounting to CNY 563.04 million, a year-on-year increase of 41.65%[24]. - The net profit attributable to shareholders of the listed company for the current period is RMB 261,262,177.23, an increase of 72.4% compared to RMB 151,642,463.88 in the same period last year[39]. - The net profit excluding share-based payment impact is RMB 280,052,681.95, reflecting a 67.71% increase from RMB 166,973,653.55 year-on-year[39][40]. Research and Development - Research and development expenses increased by 25% to RMB 300 million, focusing on AI and IoT technologies[1]. - Research and development expenses totaled CNY 268.24 million, an increase of CNY 49.56 million, representing a year-on-year growth of 22.66%[25]. - The number of R&D personnel increased by 13.49% to 589, reflecting the company's commitment to expanding its R&D capabilities[25]. - The company achieved a total R&D investment of approximately ¥268.24 million, representing a year-over-year increase of 22.66% compared to ¥218.68 million in the previous year[101]. - The company is currently working on multiple projects, including the ESP-IDF 5X with a total investment of ¥25 million, which has already completed its development phase[105]. Market Expansion - The company is expanding its market presence in Southeast Asia, with a projected market share increase of 5% by the end of 2025[1]. - The company aims to expand its market beyond IoT devices, targeting a market capacity increase of 2.5 times in non-mobile sectors[48]. - Market expansion efforts include entering H regions, which are projected to increase market share by I% over the next year[153]. Product Development - New product launches included the ESP32-S3 chip, which has seen a 30% increase in demand since its release[1]. - The company has developed a diverse product matrix, including over 300 SKUs, to support various IoT applications in industrial, educational, and developer markets[62]. - The company has launched the EchoEar AI development kit, which provides a one-stop development process for developers, enhancing user interaction through features like emotion recognition and long memory capabilities[51]. - The ESP32-S3 chip has introduced vector instructions for AI applications, enabling high-performance image recognition and voice wake-up functionalities[59]. - The company plans to mass-produce its first Wi-Fi 6E wireless communication chip in the second half of 2025, marking a new breakthrough in high-performance wireless communication[61]. Financial Position - Total assets rose to CNY 3,217,701,484.47, marking a 21.45% increase from CNY 2,649,465,358.38 at the end of the previous year[21]. - Net assets attributable to shareholders increased to CNY 2,431,189,203.14, a growth of 13.08% from CNY 2,149,974,683.07 at the end of the previous year[21]. - The company’s total liabilities as of June 30, 2025, were not specified but are critical for assessing financial health[183]. - Total liabilities increased to ¥755.34 billion in 2025 from ¥470.10 billion in 2024, representing a growth of 60.73%[185]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions, which may impact future performance[1]. - The company has identified risks related to performance decline due to potential macroeconomic downturns affecting downstream demand[108]. - The company faces risks from rising raw material prices due to supply chain delays and inflationary pressures[115]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 16,100[169]. - The largest shareholder, Lexin (Hong Kong) Investment Limited, holds 62,777,599 shares, representing 40.06% of the total shares[172]. - The company distributed cash dividends of 66,753,437.40 RMB, amounting to 6 RMB per 10 shares, and capitalized 4 shares for every 10 shares held[166]. Corporate Governance - The company has committed to transparency regarding any unfulfilled promises, ensuring accountability to investors[154]. - The company will ensure compliance with all regulatory requirements and accept supervision from regulatory bodies and the public[148]. - The company will publicly disclose the status of commitments related to share buybacks and compensation in its periodic reports[149].

资料显示，乐鑫信息科技(上海)股份有限公司位于中国(上海)自由贸易试验区碧波路690号2号楼204室， 成立日期2008年4月29日，上市日期2019年7月22日，公司主营业务涉及集成电路产品的研发设计和销 售。主营业务收入构成为：模组及开60.20%，芯片39.02%，其他0.78%。 从基金十大重仓股角度 数据显示，南方基金旗下1只基金重仓乐鑫科技。南方上证科创板100ETF联接A（020683）二季度持有 股数99股，占基金净值比例为0.01%，位居第二大重仓股。根据测算，今日浮亏损失约1265.22元。 南方上证科创板100ETF联接A（020683）成立日期2024年6月24日，最新规模7683.13万。今年以来收益 44.53%，同类排名407/4222；近一年收益100.95%，同类排名315/3776；成立以来收益87.33%。 8月29日，乐鑫科技跌5.73%，截至发稿，报210.10元/股，成交3.49亿元，换手率1.04%，总市值329.23 亿元。 南方上证科创板100ETF联接A（020683）基金经理为朱恒红。 截至发稿，朱恒红累计任职时间4年249天，现任基金资产总规模245.5 ...

Group 1: Stock Performance - Fudan Microelectronics, Cambricon, and Amlogic showed the best performance with daily increases of 5.7%, 5.31%, and 4.45% respectively [1] - Lattice Semiconductor, Hehe Information, and Newpoint Software had weaker performances with daily declines of 0.84%, 0.18%, and 0.1% respectively [1] - The Huabao Sci-Tech AI ETF (589520) passively tracks the Sci-Tech AI Index (950180), which saw a daily increase of 2.76% [1] Group 2: Industry Developments - On August 25, 2025, a trillion-yuan industrial mother fund launched 26 sub-funds focusing on supporting the development of integrated circuits [2] - On August 26, new companies in the integrated circuit sector were established by New Unisplendour Group, Sinda Semiconductor, and Cambricon to promote collaborative innovation in the industry chain [2] - On August 27, SK Hynix announced the mass production of the world's first 321-layer QLC NAND flash memory, marking a breakthrough in storage technology [2] Group 3: Semiconductor Industry Trends - The semiconductor industry is experiencing growth driven by new technologies in automotive electronics, renewable energy, IoT, big data, and AI [2] - The push for domestic production is increasing due to US-China trade tensions, highlighting the importance of supply chain security and self-sufficiency in semiconductor manufacturing [2] - The domestic wafer manufacturing and supporting industries are accelerating their development, with expectations for significant breakthroughs in domestic chip supply [2] Group 4: ETF Insights - The Huabao Sci-Tech AI ETF (589520) saw a price increase of over 3.9% on August 28, with a trading volume exceeding 100 million yuan and a total fund size of 594 million yuan [3] - The ETF is characterized by high elasticity, with a 20% fluctuation limit and a strong offensive nature, as nearly 70% of its top ten holdings are in the semiconductor sector [5] - The ETF's holdings are positioned to benefit from the acceleration of AI integration in edge computing and software [5]

8月27日乐鑫科技(688018)收盘价219.99元，收盘上涨17.33%，全天换手率8.02%，振幅16.57%，成交额27.18亿元。科创板交易公开信息显示，当日该股因日收盘价涨幅达15%等上榜。 证券时报•数据宝统计显示，上榜的前五大买卖营业部合计成交7.60亿元， 其中，买入成交额为4.26亿元，卖出成交额为3.34亿元，合计净买入9251.44万元。具体来看，8月27日上榜的前 资金流向方面，该股8月27日全天主力资金净流出3706.58万元。（数据宝） 乐鑫科技8月27日龙虎榜 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 龙虎大师、科创零距离 龙虎榜、科创板、复盘、公开信息、营业部、游资、盘后解密、异动 ...

- The report does not contain any quantitative models or factors for analysis

Market Overview - On August 27, the semiconductor sector rose by 0.18% compared to the previous trading day, with Lexin Technology leading the gains [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Top Gainers in Semiconductor Sector - Lexin Technology (688018) closed at 219.99, up 17.33% with a trading volume of 125,700 shares and a turnover of 2.718 billion [1] - Changchuan Technology (300604) closed at 59.59, up 16.98% with a trading volume of 1,265,300 shares and a turnover of 7.356 billion [1] - Juxin Technology (688049) closed at 62.03, up 10.30% with a trading volume of 293,500 shares and a turnover of 1.828 billion [1] - Other notable gainers include Broadcom Integration (603068) and Ruixin Technology (603893), both up 10% [1] Top Losers in Semiconductor Sector - New Henghui (301678) closed at 95.70, down 6.77% with a trading volume of 131,000 shares and a turnover of 1.282 billion [2] - Juguang Technology (688167) closed at 124.50, down 6.29% with a trading volume of 81,100 shares and a turnover of 1.038 billion [2] - Other significant decliners include Astone Technology (300706) and Aoshanghai (688082), both down over 5% [2] Capital Flow Analysis - The semiconductor sector experienced a net outflow of 932 million from institutional investors and 1.231 billion from retail investors, while individual investors saw a net inflow of 2.163 billion [2][3] - Notable net inflows from retail investors were observed in Changchuan Technology (300604) and Ruixin Technology (603893) [3]