证券代码：688052 证券简称：纳芯微 公告编号：2025-002 苏州纳芯微电子股份有限公司 2024 年年度业绩预告 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、准确性和完整性依法承担法律责任。 2023 年度营业收入 131,092.72 万元。2023 年度归属于母公司所有者的净利 润-30,533.48 万元。2023 年度扣除非经常性损益后归属于母公司所有者的净利润 -39,312.07 万元。2023 年度利润总额-29,705.97 万元。2023 年度每股收益-2.15 元。 三、本期业绩变化的主要原因 （二）业绩预告情况 1.经财务部门初步测算，公司预计 2024 年度实现营业收入 190,000.00 万元 至 200,000.00 万元，较上年同期相比，将增加 58,907.28 万元至 68,907.28 万元， 同比增长 44.94%至 52.56%。 2.公司预计 2024 年度实现归属于母公司所有者的净利润-44,000.00 万元至 -36,000.00 万元，较上年同期相比，将减少 5,466.52 万元至 13, ...

芯片股17日盘中强势拉升，截至发稿，圣邦股份、清溢光电20%涨停，芯朋微、和林微纳涨超15%，纳 芯微、杰华特、虹软科技等涨超10%，生益科技、康强电子、瑞芯微等亦涨停。 消息面上，昨日，商务部新闻发言人就国内有关芯片产业反映自美进口成熟制程芯片低价冲击国内市场 事答记者问。商务部发言人表示，国内有关芯片产业反映，一段时间以来，拜登政府对芯片行业给予了 大量补贴，美企业因此获得了不公平竞争优势，并对华低价出口相关成熟制程芯片产品，损害了中国国 内产业的合法权益。中国国内产业的担忧是正常的，也有权提出贸易救济调查申请。对于国内产业的申 请及诉求，调查机关将按照中国相关法律法规，遵循世贸组织规则进行审查，并将依法启动调查。 此外，中国半导体行业协会昨日发文称，近期，业界向中国商务部反映，国内有关成熟制程芯片产业正 面临来自美国进口产品的不公平竞争挑战，有申请反倾销反补贴调查的诉求。一段时间以来，美拜登政 府对本国芯片行业施以巨额补贴，使得美企在市场竞争中占据不平等优势，并以低价向中国出口芯片产 品，严重损害了中国国内产业的合法权益。 半导体产业的稳健发展，离不开一个公平竞争的市场环境。我们坚定支持在中国发展的内外 ...

证券代码：688052 证券简称：纳芯微 公告编号：2025-001 苏州纳芯微电子股份有限公司 关于持股 5%以下股东减持股份计划公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律责任。 重要内容提示： 股东持股的基本情况 截至本公告披露日，苏州纳芯微电子股份有限公司（以下简称"公司"）股东 持股情况如下： 1、苏州国润瑞祺创业投资企业（有限合伙）（以下简称"国润瑞祺"）直接持 有公司股份 2,015,372 股，占公司股份总数的 1.41%； 2、深圳市慧悦成长投资基金企业（有限合伙）（以下简称"慧悦成长"）直接 持有公司股份 3,684,711 股，占公司股份总数的 2.59%； 3、苏州华业致远一号创业投资合伙企业（有限合伙）（以下简称"苏州华业"） 直接持有公司股份 1,085,602 股，占公司股份总数的 0.76%； 4、苏州华业的一致行动人长沙华业高创私募股权基金合伙企业（有限合伙） （以下简称"长沙华业"）直接持有公司股份890,580股，占公司股份总数的0.62%。 上述股份均为国润瑞祺、慧悦成长 ...

Investment Rating - The report gives a "Buy" rating for the company, Nanxinwei, with a target market capitalization of 25.1 billion yuan, indicating a potential upside of 32% from the current market value [20][23]. Core Insights - Nanxinwei focuses on high-end analog chips for automotive applications, with significant advancements in sensor technology, signal chains, and power management [3][4][18]. - The company has achieved full coverage of automotive-grade isolation products and has established a strong presence in the automotive electronics sector, with over 33% of its revenue coming from this area in the first half of 2024 [4][25][55]. - The report highlights the rapid growth potential in the domestic analog chip market, driven by increasing localization and demand for automotive chips [19][67]. Summary by Sections Company Overview - Nanxinwei was established in 2013 and has rapidly developed a range of products, including sensor signal conditioning ASICs and automotive-grade isolation products [18][32]. - The management team consists of experienced professionals from major international firms, enhancing the company's technical capabilities [36][37]. Financial Performance - The company reported total revenue of 1.311 billion yuan in 2023, with a projected increase to 1.879 billion yuan in 2024, reflecting a year-on-year growth rate of 43.4% [6][20]. - The net profit attributable to shareholders is expected to improve from a loss of 427 million yuan in 2024 to a profit of 161 million yuan by 2026 [6][20]. Product Development - The company is expanding its product matrix in power management, with expected revenues of 750 million yuan in 2024, growing to 1.39 billion yuan by 2026 [24]. - Nanxinwei's sensor products, particularly in magnetic sensors, are projected to see significant growth, with revenues expected to reach 980 million yuan by 2026 [10][24]. Market Position - The report emphasizes the increasing domestic market share of analog chips, with China's self-sufficiency rate rising from 6% in 2017 to 15% in 2023 [19][67]. - Nanxinwei has established partnerships with major automotive manufacturers, including BYD and Dongfeng, positioning itself as a leading domestic supplier in the automotive chip market [4][70].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative price increase of over 15% in the next six months [5][18]. Core Views - The company has completed a significant acquisition, enhancing its competitive position in the semiconductor and integrated circuit sectors. This acquisition is expected to improve its capabilities in sensor chips and expand its market presence in high-growth areas such as IoT and smart hardware [1][11]. - The semiconductor industry is anticipated to reach a turning point as major players like Texas Instruments conclude their expansion plans, which should alleviate supply pressures and restore balance in supply and demand. This is expected to lead to a recovery in revenue and profitability for chip manufacturers, including the company [5][18]. Financial Summary - The company reported total revenue of 1,311 million yuan for 2023, with projections of 1,945 million yuan for 2024, 2,504 million yuan for 2025, and 3,243 million yuan for 2026, reflecting a growth rate of 48.35% in 2024 [4][28]. - The net profit attributable to the parent company is projected to recover from a loss of 305.34 million yuan in 2023 to a profit of 150.14 million yuan in 2026, indicating a significant turnaround [4][28]. - The company's earnings per share (EPS) is expected to improve from a loss of 2.14 yuan in 2023 to a profit of 1.05 yuan in 2026 [4][28]. Key Financial Metrics - The company has a net asset value per share of 42.70 yuan and a debt-to-asset ratio of 12.27% [3]. - The total market capitalization is approximately 19,006.17 million yuan, with a circulating A-share market value of 12,446.96 million yuan [23].

证券代码：688052 证券简称：纳芯微 公告编号：2024-051 苏州纳芯微电子股份有限公司 关于收购上海麦歌恩微电子股份有限公司 股份进展暨完成工商变更登记的公告 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。 一、基本情况概述 苏州纳芯微电子股份有限公司（以下简称"公司"）于 2024 年 6 月 21 日召开了 第三届董事会第十次会议、第三届监事会第十次会议，审议通过了《关于拟以现金方 式收购上海麦歌恩微电子股份有限公司部分股份及上海莱睿企业管理合伙企业（有限 合伙）、上海留词企业管理合伙企业（有限合伙）部分财产份额的议案》，于 2024 年 10月 14日召开了第三届董事会第十三次会议、第三届监事会第十三次会议，审议通过 了《关于拟以现金方式收购上海麦歌恩微电子股份有限公司股份进展暨签订<财产份 额转让协议之补充协议>的议案》。 公司以现金方式收购上海矽睿科技股份有限公司（以下简称"矽睿科技"）直接 持有的上海麦歌恩微电子股份有限公司（以下简称"麦歌恩"）62.68%的股份，以现 金方式收购矽睿科技通过上海莱睿企业 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 136.40 CNY [3][6][10] Core Insights - In Q3 2024, the company's revenue reached 517 million CNY, marking a historical high with a 6% increase quarter-on-quarter and an 87% increase year-on-year. This marks five consecutive quarters of revenue growth. However, the net profit attributable to shareholders was -142 million CNY, and the adjusted net profit was -155 million CNY. For the first three quarters of 2024, the company reported a total revenue of 1.37 billion CNY, a 36% year-on-year increase, with a net profit of -408 million CNY [2][3] - The automotive electronics segment continues to expand rapidly, with Q3 2024 revenue reaching 196 million CNY, a 26% increase quarter-on-quarter, accounting for 38% of total revenue. The company has seen significant market share growth in the electric vehicle power control chips and has begun large-scale shipments of various automotive chips. The company plans to launch several new products in the automotive electronics sector in the coming year, driven by strong demand in the Chinese market [2][3] - The company's overseas expansion is progressing well, with branches in Germany, Japan, and South Korea, and has passed supplier certifications from several tier 1 clients. A strategic partnership with Continental Group has been established to develop automotive-grade pressure sensor chips, enhancing safety and reliability features [2][3] Financial Summary - The company forecasts revenues of 1.91 billion CNY, 2.60 billion CNY, and 3.26 billion CNY for 2024, 2025, and 2026 respectively. The previous forecast for 2024 was 3.46 billion CNY, which has been revised down due to adjustments in revenue and gross margin expectations [3][10] - Key financial metrics include a projected gross margin of 36.7% for 2024, improving to 42.7% by 2026. The net profit margin is expected to recover from -17.2% in 2024 to 3.8% in 2026 [5][10]

证券代码：688052 证券简称：纳芯微 公告编号：2024-050 苏州纳芯微电子股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 会议召开时间：2024 年 12 月 04 日（星期三）下午 15:00-16:00 http://roadshow.sseinfo.com/） （三）会议召开方式：上证路演中心网络互动 投资者可于 2024 年 11 月 27 日（星期三） 至 12 月 03 日（星期二）16:00 前 登 录上 证路 演中心 网 站首 页点 击 "提问 预 征集 "栏目 或通过 公 司邮 箱 ir@novosns.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。 苏州纳芯微电子股份有限公司（以下简称"公司"）已于 2024 年 10 月 29 日 在《上海证券报》《中国证券报》《证券时报》《证券日报》及上海证券交易所网 站（www.sse.com.cn）披露公司《2024 年第三季度报告》，为便于广大投资者更 ...

Core Viewpoint - Naxin Micro announced a collaboration with ChipX Semiconductor to launch the NS800RT series real-time control MCU, which significantly enhances system operation precision and efficiency in various applications [1] Company Overview - Naxin Micro is a high-performance and high-reliability analog and mixed-signal chip company, focusing on three main areas: sensors, signal chains, and power management [1] - The company provides a wide range of semiconductor products and solutions for automotive, industrial, information communication, and consumer electronics sectors [1] Product Features - The NS800RT series MCU enables engineers to achieve PWM control at a trillionth of a second level, applicable in photovoltaic/storage inverters, uninterruptible power supplies, industrial automation, collaborative robots, new energy vehicles, and air conditioning compressors [1]

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a positive outlook for the stock over the next 6-12 months [2][6][17]. Core Insights - The company achieved a record high revenue of 517 million yuan in Q3 2024, representing a year-on-year increase of 86.59% and a quarter-on-quarter increase of 6.32% [2][6]. - The growth in revenue is attributed to robust demand in the automotive electronics sector, improved conditions in the consumer electronics market, and a recovery in demand from clients in the industrial automation and digital power sectors [2][6]. - The company reported a net loss attributable to shareholders of 142 million yuan in Q3 2024, with a gross margin of 32.06%, down 4.39 percentage points year-on-year [2][6]. - The company has over 2,100 product models available for sale, with the expected unit value of mass-produced products exceeding 800 yuan by the end of 2024 [2][6]. Financial Performance and Forecast - Revenue projections for 2024-2026 are 1.881 billion yuan, 2.589 billion yuan, and 3.137 billion yuan, with growth rates of 43.5%, 37.6%, and 21.2% respectively [6][10]. - The net profit attributable to shareholders is forecasted to be -290 million yuan in 2024, 27 million yuan in 2025, and 127 million yuan in 2026, with growth rates of 4.9%, 109.3%, and 374.4% respectively [6][10]. - The gross margin is expected to improve from 33.2% in 2024 to 39.6% in 2026 [7][10]. Business Segments - **Sensors**: Revenue from sensor products is projected to be 182 million yuan in 2024, with a growth rate of 10% [10][11]. - **Signal Chain**: Revenue from signal chain products is expected to reach 970 million yuan in 2024, with a growth rate of 37.5% [11][12]. - **Power Management**: Revenue from power management products is forecasted to be 717 million yuan in 2024, with a growth rate of 67.5% [12][13]. Competitive Positioning - The company is recognized as one of the early mass producers of digital isolation chips in China, with a comprehensive range of isolation devices and core technologies across five major fields [17][19]. - The report compares the company with peers such as Shengbang Co., Sirepu, and Aiwei Electronics, highlighting its competitive advantages in product diversity and technological capabilities [17][19].