每经AI快讯，敏芯股份1月30日晚间发布业绩预告，预计2025年度实现归属于母公司所有者的净利润为 人民币2800万元~4000万元，与上年同期相比，将增加6323.57万元~7523.57万元，实现扭亏为盈。主营 业务收入变动的主要原因。报告期内，公司营业收入经测算较去年同期增长，主要原因是得益于公司在 新产品领域持续多年的研发投入和市场推广取得成效，压力产品线收入和惯性传感器收入均较去年同期 实现大幅增长。净利润变动的主要原因。公司高毛利新产品的销售占比增加，拉升了公司整体的产品毛 利率；公司持续开展降本增效措施产生了良好的效果，以及产销量增长形成的规模效应，使得产品生产 成本逐渐下降。 每经头条（nbdtoutiao）——核电建设热潮下，设备厂忙到"飞起"！订单已排至2028年，员工三班倒， 产线24小时不停 （记者 曾健辉） ...

Revenue Projections - The company expects to achieve an annual revenue of RMB 580 million to RMB 640 million in 2025, representing an increase of RMB 74.26 million to RMB 134.26 million, or a year-on-year growth of 14.68% to 26.55%[3]. - The company achieved a revenue of RMB 505.74 million in 2024, with a net loss of RMB 35.24 million attributable to the parent company[7]. Profit Projections - The projected net profit attributable to the parent company for 2025 is expected to be between RMB 28 million and RMB 40 million, an increase of RMB 63.24 million to RMB 75.24 million compared to the previous year, marking a turnaround from loss to profit[3]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, is expected to be between RMB 23 million and RMB 34 million, an increase of RMB 58.09 million to RMB 69.09 million year-on-year, also indicating a turnaround from loss to profit[3]. - The improvement in net profit is primarily due to increased overall sales and enhanced gross profit margins, driven by a higher sales proportion of high-margin new products and effective cost reduction measures[9]. Product Development and Market Performance - The significant increase in revenue is attributed to the successful R&D and market promotion of new products, particularly in the pressure product line and inertial sensors, which saw substantial growth compared to the previous year[8]. Performance Forecast and Audit - The company emphasizes that the performance forecast is based on preliminary calculations and has not been audited by certified public accountants[10]. - The company assures that there are no significant uncertainties affecting the accuracy of this performance forecast[10]. - Investors are advised that the forecast data is preliminary and the final audited financial data will be disclosed in the official 2025 annual report[11]. - The performance forecast period is from January 1, 2025, to December 31, 2025[4].

Core Viewpoint - The optical communication chip market in China is experiencing continuous growth driven by advancements in artificial intelligence, data center expansion, consumer electronics, and 5G deployment, with significant increases in production and demand projected for the coming years [1][4]. Industry Definition and Classification - Optical communication chips are defined as chips that enable the conversion of optical and electrical signals and are essential for the transmission of optical communication signals [1][3]. - These chips can be categorized into laser chips and detector chips, with further classifications based on their emission structure [1][3]. Current Industry Status - The global demand for optical communication chips is surging due to the rapid development of new information technologies such as mobile internet, 5G, and cloud computing [4]. - In China, the demand for optical communication chips is expected to reach 1.198 billion units by 2024, with a market size of 15.16 billion yuan, and further growth is anticipated in subsequent years [4][5]. Market Size and Growth Projections - By 2024, China's optical communication chip production is projected to grow to 867 million units, with demand reaching 1.198 billion units and a market size of 15.16 billion yuan [1][4]. - The market size is expected to increase to approximately 16.02 billion yuan by 2025, with continued rapid growth anticipated through 2026 [1][4]. Industry Chain - The optical communication chip industry chain consists of upstream materials and equipment, midstream chips and modules, and downstream application markets, with a focus on domestic production and high-speed upgrades [5][6]. Industry Barriers - The optical communication chip industry faces high entry barriers due to significant capital investment, core technology accumulation, and brand recognition, with a strong reliance on intellectual property protection [5][6]. Competitive Landscape - China is becoming a significant player in the global optical communication chip market, with several domestic companies, such as Huagong Technology and Guangxun Technology, leading in technology and production capacity [5][6]. - The market share of Chinese optical communication chip manufacturers is increasing, with notable advancements in high-speed optical communication chips [5][6]. Research and Development Trends - Future trends in optical communication chip development include green communication, silicon photonics technology, and photonic integrated circuit (PIC) technology, which are expected to drive innovation and efficiency in the industry [12][14][16]. - The focus on large-capacity transmission and all-optical networks is also highlighted as key areas for future development [16][17].

Group 1 - The Shanghai Composite Index is at 4129.68 points, above the six-month moving average, with a change of 0.39% [1] - The total trading volume of A-shares today is 11670.90 billion yuan [1] - A total of 137 A-shares have surpassed the six-month moving average, with notable stocks including Huawi Design, Hualing Co., and Weichai Heavy Industry showing significant deviation rates of 22.56%, 9.80%, and 8.86% respectively [1] Group 2 - The top three stocks with the highest deviation rates from the six-month moving average are: - Huawi Design (29.96% increase, 25.22% turnover rate, latest price 18.22 yuan) with a deviation rate of 22.56% [1] - Hualing Co. (11.97% increase, 7.48% turnover rate, latest price 26.10 yuan) with a deviation rate of 9.80% [1] - Weichai Heavy Industry (10.00% increase, 4.42% turnover rate, latest price 33.43 yuan) with a deviation rate of 8.86% [1] Group 3 - Other notable stocks that have just crossed the six-month moving average include: - Haisen Pharmaceutical, Lian Technology, and Kaipu Biological, which have smaller deviation rates [1] - The trading performance of various stocks shows a range of increases, with some stocks like Huawi Design experiencing significant gains [1]

Group 1 - The company responded to an investor inquiry regarding the application of its pressure sensors in the liquid cooling sector, stating that its developed refrigerant pressure sensors are not used in this field [1] - The company clarified that its downstream applications for the refrigerant pressure sensors do not pertain to liquid cooling [1] - There was a specific inquiry about the company's expansion in the data center construction business, which was addressed in the response [1]

证券代码：688286 证券简称：敏芯股份 公告编号：2026-003 苏州敏芯微电子技术股份有限公司 关于更换持续督导保荐代表人的公告 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。 苏州敏芯微电子技术股份有限公司（以下简称"公司"）于近日收到国泰海 通证券股份有限公司（以下简称"国泰海通"）出具的《关于更换苏州敏芯微电 子技术股份有限公司 2023 年以简易程序向特定对象发行股票持续督导之保荐代 表人的函》。作为公司 2023 年以简易程序向特定对象发行股票项目的保荐机构， 原指派王拓先生、张方舟先生作为保荐代表人，履行持续督导职责，持续督导期 至 2025 年 12 月 31 日。持续督导期已于 2025 年 12 月 31 日届满，但截至目前， 公司募集资金尚未使用完毕，根据相关规定，国泰海通对此未尽事项应当继续履 行持续督导义务。 本次保荐代表人变更后，公司 2023 年以简易程序向特定对象发行股票的持 续督导保荐代表人为王拓先生和胡晓先生，持续督导期至中国证券监督管理委员 会和上海证券交易所规定的持续督导义务结 ...

Group 1 - The resilience of technology stocks continues to attract investors, with the A-share market showing strong performance and indices reaching new highs [1] - The current market liquidity is abundant, and thematic trends are expected to continue, with a focus on sectors like commercial aerospace, satellite connectivity, smart driving, and brain-computer interfaces [1] - The "spring rally" is anticipated to be more stable and prolonged compared to previous years, with attention on capital inflows and outflows in January [1] Group 2 - There are 14 stocks with a market capitalization below 5 billion yuan, a research and development expenditure ratio exceeding 10%, and a price drop of over 20% since their peak in 2025 [2] - Among these, Iron Big Technology has the lowest market cap at under 2 billion yuan, focusing on railway signal and communication equipment [2] - Mengke Pharmaceuticals leads in R&D intensity with a ratio of nearly 174%, specializing in small molecule drug development for infectious diseases [2] Group 3 - Companies like Ruina Intelligent, Meixin Sheng, and Biyiwei have R&D expenditure ratios exceeding 20% in the first half of 2025 [3] - Institutions are particularly interested in Kangnong Agriculture, with other companies like Minxin Co., Vision Intelligent, and Meixin Sheng also receiving attention [3] - Minxin Co. is recognized for its MEMS chip design and manufacturing capabilities, indicating a balanced development in its product revenue structure [3]

Group 1 - The core viewpoint of the article is that Minxin Co., Ltd. (688286.SH) clarified that its products do not involve applications in the aerospace sector [1]

Core Viewpoint - The company, Minxin Co., announced that its Vice President and key technical personnel, Mr. Mei Jiaxin, has completed a share reduction plan, selling a total of 220,000 shares, which represents 0.3924% of the company's total share capital [1] Summary by Categories Share Reduction - Mr. Mei Jiaxin reduced his holdings by 220,000 shares through centralized bidding, with the total share capital calculated at 56,059,772 shares [1] - After the reduction, Mr. Mei holds 1,450,430 shares, accounting for 2.59% of the total share capital [1] - The share reduction was executed at a price range of 81.87 to 82.23 yuan per share, resulting in a total amount of approximately 18.0582 million yuan [1]

Core Viewpoint - The announcement details the share reduction results of Suzhou Minxin Microelectronics Technology Co., Ltd., specifically regarding the actions of its director and senior management personnel, Mei Jiaxin, who has completed a share reduction plan. Group 1: Shareholding Information - Before the reduction plan, Mei Jiaxin held 1,670,430 shares, accounting for 2.98% of the company's total share capital, with 1,658,930 shares acquired before the IPO and 11,500 shares from a 2020 restricted stock incentive plan [1][2]. Group 2: Reduction Plan Implementation Results - On December 15, 2025, the company announced that Mei Jiaxin planned to reduce his holdings by up to 220,000 shares, representing no more than 0.3925% of the total share capital, within three months after the announcement [2][5]. - As of January 9, 2026, Mei Jiaxin successfully reduced his holdings by 220,000 shares, which accounted for 0.3924% of the updated total share capital of 56,059,772 shares [2][5]. - The reduction plan has been fully implemented, and all actions were in compliance with relevant laws and regulations [6][7].