杰华特公告，预计2025年年度实现归属于母公司所有者的净利润为亏损6.3亿元到7.3亿元。预计2025年 年度实现营业收入26亿元至27.5亿元。公司为构建长期竞争优势，持续增加了在研发创新、市场拓展及 管理提升等方面的投入，导致研发、销售及管理费用同比显著上升。同时，因市场竞争激烈导致产品均 价承压、毛利率修复不及预期，当期亏损有所扩大。 ...

证券代码：688141 证券简称：杰华特 公告编号：2026-002 杰华特微电子股份有限公司 关于公司 2026 年度日常关联交易预计的公告 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： 本次日常关联交易预计事项无需提交公司股东会审议； 公司与关联方发生的日常关联交易是基于公司与关联方之间的正常生产 经营需要，遵循平等自愿的原则，不会对关联人形成较大的依赖，不会影响公司 独立性，不存在损害公司及全体股东特别是中小股东利益的行为。 一、日常关联交易基本情况 | 欧姆微（嘉善）电子有 限公司 | 40,000,000.00 | 39,581,719.40 | | | --- | --- | --- | --- | | 小计 | 57,000,000.00 | 53,690,257.32 | - | | 合计 | 72,000,000.00 | 61,271,784.73 | - | （一）日常关联交易履行的审议程序 杰华特微电子股份有限公司（以下简称"公司"）于 2026 年 1 月 23 日召开 第二届董 ...

Core Viewpoint - The semiconductor sector experienced a significant rally on January 21, with multiple companies showing substantial gains in their stock prices [1]. Group 1: Stock Performance - Jianghua Microelectronics (江化微) achieved a stock price of 25.92, with a rise of 10.02% [2] - Yingfang Microelectronics (盈方微) reached a price of 9.35, increasing by 10.00% [2] - Haiguang Information (海光信息) saw its stock rise to 277.50, marking a 9.16% increase [2] - Jiewate (杰华特) recorded a price of 50.41, up by 8.29% [2] - Guoxin Technology (国芯科技) reached 37.38, with a gain of 7.23% [2] - Zhongwei Microelectronics (中微未导) increased to 44.27, reflecting a 7.06% rise [2] - Juchen Co., Ltd. (聚辰股份) saw its stock at 171.72, up by 6.00% [2] - Jingdian Co., Ltd. (景电股份) reached 226.88, with a 5.20% increase [2] - Hualing Co., Ltd. (华岭股份) recorded a price of 24.45, up by 4.89% [2]

Core Viewpoint - The electronic sector in the A-share market has experienced a significant surge, with many stocks hitting the daily limit up, indicating strong investor interest and potential growth in this industry [1][6]. A-Share Market Performance - The A-share market showed an overall upward trend, with major indices rising to varying degrees. The ChiNext Index rose over 1.5%, and the Sci-Tech 50 Index increased by more than 4% [4]. - Specific indices and their performance include: - Shanghai Composite Index: 4120.10, up 0.16% [5] - Shenzhen Component Index: 14263.20, up 0.76% [5] - ChiNext Index: 3306.00, up 0.85% [5] Electronic Sector Highlights - The electronic sector led the market with a rise of over 2.8%, with several stocks reaching their daily limit up. Notable performers include: - Longxin Zhongke: 177.72, up 20% [7] - Zhongrong Electric: 143.40, up 20% [7] - Other stocks like Jiahua Technology and Jianghua Microelectronics also saw significant gains [6]. Lithium Mining Sector - The lithium mining sector experienced a substantial increase, with the sector rising over 2%. Stocks such as Dazhong Mining and Weicheng Mining hit their daily limit up. The rise was supported by a significant increase in domestic lithium carbonate futures, with the main contract rising over 6% [8]. New Stock Performance - A new stock, Aisheren, was listed today and saw a remarkable increase of over 200% during trading [12]. The company focuses on medical health, specializing in disposable medical supplies for rehabilitation and medical protection [13]. Hong Kong Market Activity - The Hong Kong market experienced low-level fluctuations, with the stock of Skyworth Group surging over 40% during trading, driven by positive news [2][16].

Group 1 - The semiconductor and chip sector experienced a significant rally, with the STAR Market chip index rising by 3.92% as of 10:14 AM on January 21, 2026, driven by strong performances from companies like Loongson Technology (up 20.00%) and Haiguang Information (up 12.46%) [1] - CITIC Securities believes that the storage chip market is currently in a price uptrend due to the explosive demand from AI and supply-side contractions, leading to a performance surge for global storage industry enterprises [1] - The construction of storage production lines and the increase in domestic production rates are expected to accelerate, creating investment opportunities in domestic semiconductor equipment and packaging/testing sectors [1] Group 2 - TSMC is projected to achieve record-high revenue in Q4 2025, with advanced process technology (7nm and below) accounting for 77% of its revenue, and 3nm process shipments reaching 28% [1] - The company anticipates a significant increase in capital expenditure for 2026, estimated between $52 billion and $56 billion, aimed at enhancing its technological advantages and capacity expansion in the high-end wafer foundry sector [1] - The ongoing demand for AI computing power is expected to strongly drive the semiconductor manufacturing sector [1] Group 3 - As of December 31, 2025, the top ten weighted stocks in the STAR Market chip index accounted for 57.76% of the index, including companies like SMIC, Haiguang Information, and Cambrian [2] - The STAR Chip ETF (588200) serves as a convenient tool for investors looking to gain exposure to the STAR Market chip sector [2] Group 4 - Investors without stock accounts can explore investment opportunities in domestic chips through the STAR Chip ETF linked fund (017470) [3]

Group 1 - The core viewpoint of the news is that Jiewate Microelectronics Co., Ltd. has shown fluctuations in its stock price and significant changes in its shareholder structure, reflecting both market activity and company performance [1][2][3]. Group 2 - As of January 20, Jiewate's stock price decreased by 2.04% to 45.23 CNY per share, with a total market capitalization of 20.368 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 4.14%, but a decline of 1.84% over the last five trading days and an 18.84% decrease over the last 60 days [1]. - Jiewate's main business involves the research and sales of analog integrated circuits, with a revenue composition heavily weighted towards power management chips, accounting for 93.09% of total revenue [2]. - For the period from January to September 2025, Jiewate achieved a revenue of 1.942 billion CNY, representing a year-on-year growth of 63.01%, while the net profit attributable to shareholders was -460 million CNY, showing a year-on-year increase of 9.29% [2]. - As of September 30, 2025, the number of shareholders increased by 12.90% to 12,400, while the average circulating shares per person decreased by 11.43% to 21,255 shares [2]. - The top ten circulating shareholders include notable funds such as the Harvest Shanghai Stock Exchange Sci-Tech Innovation Board Chip ETF and new entrants like the Nuoan Pioneer Mixed A fund [3].

Group 1: Shanghai Pudong Development Bank - The bank reported a net profit of 50.017 billion yuan for 2025, an increase of 10.52% year-on-year [1][2] - Total operating income reached 173.964 billion yuan, reflecting a growth of 1.88% compared to the previous year [2] - The bank's total assets exceeded 1 trillion yuan, reaching 1,008.1746 billion yuan, a 6.55% increase from the previous year [3] Group 2: Dongpeng Beverage - Dongpeng Beverage expects a net profit between 4.34 billion and 4.59 billion yuan for 2025, representing a year-on-year growth of 30.46% to 37.97% [4] - The anticipated operating income is projected to be between 20.76 billion and 21.12 billion yuan, indicating a growth of 31.07% to 33.34% [4] Group 3: TCL Technology - TCL Technology forecasts a net profit of 4.21 billion to 4.55 billion yuan for 2025, marking a significant increase of 169% to 191% year-on-year [5][6] - The company expects to surpass 100 billion yuan in operating revenue, with net profit exceeding 8 billion yuan [5] Group 4: Changjiang Electric Power - Changjiang Electric Power reported a net profit of 34.167 billion yuan for 2025, a 5.14% increase year-on-year [8] - The total operating revenue for the year is expected to be 85.882 billion yuan, reflecting a growth of 1.65% [8] Group 5: China Gold - China Gold anticipates a net profit of 286 million to 368 million yuan for 2025, a decrease of 55% to 65% year-on-year [21] - The decline is attributed to market fluctuations and reduced consumer traffic [21] Group 6: LaKala - LaKala expects a net profit between 1.06 billion and 1.2 billion yuan for 2025, representing a growth of 202% to 242% year-on-year [22] - The increase is primarily due to significant investment income from stock holdings [22] Group 7: Baiwei Storage - Baiwei Storage projects a net profit of 850 million to 1 billion yuan for 2025, indicating a year-on-year increase of 427% to 520% [23] - The growth is driven by improved sales and gross margins in the AI sector [23] Group 8: Shengxin Lithium Energy - Shengxin Lithium Energy forecasts a net loss of 600 million to 850 million yuan for 2025, similar to the previous year's loss [24] - The company attributes the loss to industry supply-demand dynamics and increased exchange losses [24] Group 9: Zhongguancun Online - Zhongguancun Online expects a net loss of 580 million to 700 million yuan for 2025, a significant increase from the previous year's loss of 243 million yuan [25] - The losses are linked to increased promotional investments in overseas markets [25] Group 10: Huaxia Happiness - Huaxia Happiness anticipates a net loss of 16 billion to 24 billion yuan for 2025, a substantial increase from the previous year's loss of 4.817 billion yuan [26] - The decline is due to reduced project turnover and high financial costs [26]

Core Viewpoint - The company, Jiahua Technology (688141.SH), is in the process of applying for the issuance of overseas shares (H-shares) and listing on the main board of the Hong Kong Stock Exchange [1] Group 1 - The company submitted its application for this issuance to the Hong Kong Stock Exchange on May 30, 2025 [1] - The application materials for this issuance have been published on the Hong Kong Stock Exchange's website [1] - On January 13, 2026, the company resubmitted its application to the Hong Kong Stock Exchange and published related updated documents on the same day [1]

Company Overview - Jiewa Microelectronics Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities as the sole sponsor [2] - The company previously submitted a listing application on May 30, 2025 [2] - Jiewa is ranked 13th globally in the analog integrated circuit market by revenue, with a market share of 0.9% in 2024 [6] Business Model - Jiewa operates as an Integrated Device Manufacturer (IDM) focusing on the research and development of analog integrated circuits [4] - The company collaborates with foundries for production while developing proprietary process platforms to control key production steps [4] Product Portfolio - The product lineup includes power management integrated circuits and signal chain integrated circuits, with approximately 3,400 models available for sale as of October 31, 2025 [5] - Over 2,100 models are specifically power management integrated circuits [5] Market Position - In the Chinese market, Jiewa ranks 8th globally and 4th among Chinese companies in power management integrated circuits, with a market share of 1.3% [6] - The company ranks 6th globally and 2nd among Chinese companies in DC-DC integrated circuits, holding a market share of 1.9% [6] - In the communications market, Jiewa ranks 5th globally and 2nd in China for power management integrated circuits, with a market share of 3.0% [6] Financial Performance - Revenue for the year ending December 31, 2022, was approximately RMB 1.45 billion, with a gross profit margin of 38.5% [8][11] - The company reported a loss of RMB 533 million for the year ending December 31, 2023, with a gross profit margin of 11.8% [9][11] - Projected revenue for 2024 is RMB 1.68 billion, with a gross profit margin expected to improve to 15.1% [8][11] Industry Overview - The global integrated circuit market is projected to grow from RMB 2.49 trillion in 2020 to RMB 3.61 trillion by 2024, with a compound annual growth rate (CAGR) of 9.7% [12] - The Chinese integrated circuit market is expected to expand from RMB 0.88 trillion in 2020 to RMB 1.45 trillion by 2024, with a CAGR of 13.3% [12] - Key drivers for growth include advancements in artificial intelligence, automotive electronics, and communication technologies [12]

Core Viewpoint - The company, Jiahua Technology (688141.SH), is in the process of applying for the issuance of overseas shares (H-shares) and listing on the main board of the Hong Kong Stock Exchange [1] Group 1 - The company submitted its application for this issuance to the Hong Kong Stock Exchange on May 30, 2025 [1] - The application materials for this issuance have been published on the Hong Kong Stock Exchange's website [1] - On January 13, 2026, the company resubmitted its application to the Hong Kong Stock Exchange and published related updated documents on the same day [1]