Core Viewpoint - The company Biyimi (688045.SH) is currently experiencing a decline in stock price, trading at 53.19 yuan, which represents a drop of 1.52%, and is in a state of share price decline since its IPO [1] Group 1: Company Financials - Biyimi was listed on the Shanghai Stock Exchange on May 26, 2022, with an issuance of 17.2623 million shares at an initial price of 55.15 yuan per share [1] - The total funds raised from the initial public offering (IPO) amounted to 952.0158 million yuan, with a net amount of 860.7779 million yuan after deducting issuance costs, which was 208.2629 million yuan more than the original plan [1] - The company intended to use the raised funds of 652.5150 million yuan for the development and industrialization of power management control chips, motor drive control chips, and the establishment of a research and development center [1] Group 2: Underwriting and Investment - The underwriting institution, Shenwan Hongyuan Securities, arranged for its parent company to establish a related investment subsidiary, Shenwan Innovation Investment, to participate in the strategic allocation of this issuance, with a final investment ratio of 4.20% of the public offering shares [2] - Shenwan Innovation Investment acquired 725,294 shares, amounting to approximately 40 million yuan, with a lock-up period of 24 months starting from the date of the stock's listing on the Shanghai Stock Exchange [2]

Group 1 - The core viewpoint of the article highlights that Biyimi has announced a price increase for its products due to rising upstream raw material costs and ongoing capacity shortages, aiming to ensure long-term supply chain stability and product delivery [1] - Biyimi specializes in the research, design, and sales of analog and mixed-signal chips, providing high-performance, low-power, and stable quality chip solutions across various sectors including consumer electronics, industrial control, smart IoT, data centers, and automotive electronics [3] - Recently, other companies in the industry, such as Guokemi and Zhongwei Semiconductor, have also issued price increase notices, with some products seeing price hikes of up to 50% [4]

Group 1 - The core message of the news is that the company, Biyimi, is increasing product prices due to rising raw material costs and ongoing capacity shortages, aiming to ensure long-term supply chain stability and product delivery [1] - The price adjustments will be communicated to customers by the sales team, and the company apologizes for any inconvenience caused by this change [1] - Biyimi emphasizes its commitment to optimizing production operations and collaborating with partners to promote healthy and sustainable industry development [1] Group 2 - Biyimi focuses on the research, design, and sales of analog and mixed-signal chips, aiming to provide high-performance, low-power, and stable quality chips and solutions [3] - The company has developed a product matrix that includes power management chips, motor drive control chips, battery management chips, signal chains, and microcontrollers, which are widely used in various sectors such as consumer electronics, industrial control, smart IoT, data centers, and automotive electronics [3] - Biyimi offers one-stop chip solutions and system integration services to both domestic and international customers, contributing to energy efficiency improvements and technological upgrades in the industry [3]

Core Viewpoint - The company, Biyimi (688045), announced an expected turnaround in profitability for the fiscal year 2025, projecting a net profit attributable to shareholders of 9 million to 13.5 million yuan, marking an increase of 26.17 million to 30.67 million yuan compared to the previous year [1] Financial Performance - The expected net profit attributable to shareholders for 2025 is projected to be between 9 million and 13.5 million yuan [1] - This represents a significant turnaround from the previous year's loss, with an increase in profit of 26.17 million to 30.67 million yuan [1] - The expected net profit after excluding non-recurring gains and losses is projected to be between -6 million and -3 million yuan, indicating a reduction in losses by 40.28 million to 43.28 million yuan compared to the previous year [1]

Core Viewpoint - The company expects to achieve a turnaround in net profit for the fiscal year 2025, projecting a net profit attributable to shareholders of between 9 million and 13.5 million yuan, marking an increase of 26.17 million to 30.67 million yuan compared to the previous year [1] Group 1: Financial Performance - The company anticipates a significant increase in net profit for 2025, with projections of 9 million to 13.5 million yuan, compared to a loss in the previous year [1] - The expected increase in profit is attributed to a rise in gross profit margin to nearly 30%, with gross profit margin increasing for six consecutive quarters [1] - Gross profit amount is expected to grow by nearly 15% year-on-year, contributing to a substantial increase in operating profit and achieving profitability [1] Group 2: Strategic Initiatives - The company is committed to a development strategy driven by technological innovation and market demand [1] - Cost reduction efforts include refining design, upgrading processes, and optimizing the supply chain [1] - The company is proactively adjusting its product structure and market pricing strategies to enhance profitability [1]

Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between 9 million and 13.5 million yuan, an increase of 26.17 million to 30.67 million yuan compared to the previous year [4]. - The company anticipates a net profit attributable to shareholders after deducting non-recurring gains and losses to be between -6 million and -3 million yuan, a reduction in losses of 40.28 million to 43.28 million yuan compared to the previous year [4]. - The total profit for the previous year was -36.46 million yuan, with a net profit attributable to shareholders of -17.17 million yuan [6]. - The company reported significant growth in operating profit, achieving a turnaround from loss to profit in 2025 [8]. Revenue and Growth - Revenue from new products such as motor drive control, high-power power supplies, DC-DC converters, LED backlight drivers, and sensor chips increased by over 80% year-on-year [8]. - The company achieved a gross profit margin of nearly 30% in 2025, with a gross profit increase of nearly 15% year-on-year [8]. - The company’s gross profit margin has increased for six consecutive quarters [8]. Strategic Focus - The company has been focusing on technology innovation and market demand, optimizing supply chains and adjusting product structures and pricing strategies [8]. Forecast and Risks - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by registered accountants [9]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report [10].

Core Viewpoint - The company, Biyimi, is expected to turn a profit in 2025 with a projected net profit attributable to shareholders ranging from 9 million to 13.5 million yuan, marking a significant turnaround from previous losses [1] Financial Performance - The company anticipates a net profit excluding non-recurring gains and losses to be between -6 million and -3 million yuan for 2025 [1] - The comprehensive gross margin is expected to rise to nearly 30%, with gross margin levels increasing for six consecutive quarters and gross profit growing by nearly 15% year-on-year [1] Strategic Initiatives - The company is committed to a development strategy driven by technological innovation and market demand, focusing on cost reduction through improved design, upgraded processes, and optimized supply chains [1] - Active adjustments in product structure and market pricing strategies have been implemented to enhance profitability [1] Market Expansion - The company is capitalizing on growth in emerging markets such as energy and power, smart home, AI, robotics, and aerospace, leveraging product performance and customer resources to expand market share [1] - Revenue from products such as motor drive control, high-power power supplies, DC-DC converters, LED backlight drivers, and sensor chips has increased by over 80% year-on-year, contributing to revenue growth in the fourth quarter of 2025 [1]

Core Viewpoint - The company announced its intention to acquire 100% equity of Shanghai Xingan Semiconductor Co., Ltd. for cash, with the announcement made on August 27, 2025 [1] Group 1: Company Overview - The main products of Xingan Semiconductor include current sensors and magnetic sensors [1] - The company primarily serves sectors such as energy and electricity, industrial control and automation, new energy vehicles, and aerospace [1] - Xingan Semiconductor has established a stable customer base in the aforementioned fields [1]

Core Viewpoint - The company has confirmed that the products acquired from Xingan Semiconductor can be applied in various fields including aerospace, robotics, and data centers [1] Group 1: Acquisition Details - The company announced on August 27, 2025, its intention to acquire 100% of Shanghai Xingan Semiconductor Co., Ltd. for cash [1] - Xingan Semiconductor's main products include current sensors and magnetic sensors [1] Group 2: Market Applications - The primary markets for Xingan Semiconductor's products are energy and power, industrial control and automation, new energy vehicles, and aerospace [1] - The company has established a stable customer base in the aforementioned fields [1]

Core Viewpoint - The acquisition of Shanghai Xingan Semiconductor by the company is aimed at enhancing its product offerings in various high-demand sectors such as aerospace, robotics, and data centers [1] Group 1: Acquisition Details - The company announced its intention to acquire 100% of Shanghai Xingan Semiconductor's equity for cash on August 27, 2025 [1] - Xingan Semiconductor's main products include current sensors and magnetic sensors [1] Group 2: Market Applications - The products from Xingan Semiconductor are primarily targeted at sectors including energy and power, industrial control and automation, new energy vehicles, and aerospace [1] - The company has established a stable customer base in these sectors [1]