Group 1 - The AI mobile concept sector declined by 2.67%, ranking among the top declines in concept sectors, with major declines seen in companies like Baiwei Storage, Jiangbolong, and Wanrun Technology [1] - Among the AI mobile concept stocks, only three companies saw price increases, with Nanchip Technology rising by 2.12%, Wentai Technology by 1.56%, and Furong Technology by 0.21% [1] - The AI mobile concept sector experienced a net outflow of 3.496 billion yuan, with 22 stocks seeing net outflows, and 8 stocks with outflows exceeding 100 million yuan [2] Group 2 - The top net outflow stock was Shenghong Technology, with a net outflow of 915 million yuan, followed by Jiangbolong with 833 million yuan, and ZTE with 477 million yuan [2] - Conversely, the stocks with the highest net inflows included Wentai Technology with 131 million yuan, Huida Technology with 21.81 million yuan, and Nanchip Technology with 19.43 million yuan [3] - The AI mobile concept sector's performance was notably affected by the significant outflows from key players, indicating potential challenges within the sector [2][3]

Core Points - The Shanghai Composite Index is at 4017.68 points, above the six-month moving average, with a slight decline of 0.29% [1] - A total trading volume of A-shares reached 15648.48 billion yuan today [1] - 113 A-shares have surpassed the six-month moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The top three stocks with the highest deviation rates from the six-month moving average are: - Electric Investment and Financing (9.07%) - Jie Rong Technology (7.54%) - Annie Shares (4.91%) [1] - Other stocks with smaller deviation rates that have just crossed the six-month line include: - Baoland, Zhongnong Lihua, and Subote [1] Trading Data - The trading performance of selected stocks includes: - Electric Investment and Financing: +9.94% with a turnover rate of 2.09% - Jie Rong Technology: +10.00% with a turnover rate of 8.20% - Annie Shares: +6.44% with a turnover rate of 18.47% [1] - Additional stocks with notable performance include: - Yahua Electronics: +6.29% - Zhonglu Shares: +7.08% - Jinlihua Electric: +4.81% [1]

Group 1 - The core point of the article is the resignation of board member WENJI JIN from Nanchip Technology due to personal reasons, effective immediately upon submission of the resignation to the board [1] - The company held its first employee representative meeting of 2025, where GAO JIANLONG was elected as the employee representative director for the second board, with a term lasting until the current board's term ends [3] - The company stated that the board changes are part of normal position adjustments and will not adversely affect governance structure or daily operations, ensuring stability in ongoing work [3] Group 2 - Financial data for the first three quarters of 2025 shows that Nanchip Technology achieved revenue of 2.38 billion yuan and a net profit attributable to shareholders of 191 million yuan [3] - The company plans to continue focusing on core business research and market expansion to maintain operational stability [3] - The company will fulfill information disclosure obligations as required by regulations in case of any future changes in directors or executives [3]

Core Points - The company held its fourth extraordinary general meeting of shareholders on November 13, 2025, with no rejected proposals [2] - The meeting was conducted in compliance with the Company Law and the company's articles of association, with a combination of on-site and online voting [3] - All current directors and supervisors attended the meeting, ensuring a quorum [4] Meeting Details - The total share capital as of the meeting date was 425,702,911 shares, with 1,752,889 shares in the company's repurchase account not entitled to vote [2] - The meeting was chaired by Director Liu Min due to the absence of the Chairman and Vice Chairman [3] Resolutions Passed - The following proposals were approved: - Cancellation of the Supervisory Board and amendments to the Articles of Association [5] - Amendments to various governance rules, including: - Board Meeting Rules [6] - Shareholder Meeting Rules [6] - Independent Director Work System [6] - Related Party Transaction Management System [6] - External Guarantee Management System [6] - External Investment Management System [6] - Fundraising Management System [6] - Cumulative Voting Implementation Rules [6] - Management System for Preventing Controlling Shareholders and Related Parties from Fund Occupation [6] Legal Verification - The meeting was witnessed by lawyers from Shanghai Jintiancheng Law Firm, confirming that the meeting's procedures and voting results were legal and valid [7] Board Changes - Non-independent director Wenji Jin resigned from the board effective November 13, 2025, without affecting the board's operation [8] - Gao Jianlong was elected as the employee representative director during the first employee representative meeting on November 13, 2025, with a term until the end of the current board's term [9] Director Profile - Gao Jianlong has a master's degree and extensive experience in the semiconductor industry, having held various positions within the company [10] - He holds an indirect stake of 0.1085% in the company and meets all legal requirements to serve as a director [11]

Core Viewpoint - Nanchip Technology announced the resignation of non-independent director WENJIJIN due to personal reasons, effective November 13, 2025, after which he will no longer hold any position in the company [1] Group 1 - WENJIJIN submitted his resignation report to the company's board of directors [1] - The company held its first employee representative meeting of 2025 on November 13, 2025, where high Jianlong was elected as the employee representative director of the second board [1]

关于董事变更暨选举职工代表董事的公告 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。 一、董事辞职情况 高建龙先生当选公司职工代表董事后，公司第二届董事会中兼任公司高级管 理人员以及职工代表担任的董事人数总计未超过公司董事总数的二分之一，符合 相关法律法规的要求。 证券代码：688484 证券简称：南芯科技 公告编号：2025-075 上海南芯半导体科技股份有限公司 上海南芯半导体股份有限公司（以下简称"公司"）董事会于近日收到公司非 独立董事 WENJI JIN 先生的辞职报告。WENJI JIN 先生因个人原因申请于 2025 年 11 月 13 日辞去公司第二届董事会董事职务，辞职后，WENJI JIN 先生将不再 担任任何公司职务。WENJI JIN 先生辞去董事职务不会导致公司董事会人数低于 法定最低人数，不影响公司董事会正常运行，辞职报告自送达公司董事会之日起 生效。 离职后 WENJI JIN 先生将继续遵守《上海证券交易所科创板股票上市规则》 等相关法律法规及其在公司首次公开发行股票时所作的相关承诺。WEN ...

证券代码：688484 证券简称：南芯科技 公告编号：2025-074 上海南芯半导体科技股份有限公司 2025年第四次临时股东会决议公告 本公司董事会及全体董事保证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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 11 月 13 日 （二） 股东会召开的地点：上海市浦东新区盛夏路 565 弄 54 号 D 幢 1201 南芯 科技会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 114 | | --- | --- | | 普通股股东人数 | 114 | | 2、出席会议的股东所持有的表决权数量 | 180,362,166 | | 普通股股东所持有表决权数量 | 180,362,166 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 42.5433 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（ ...

上海市锦天城律师事务所关于 上海南芯半导体科技股份有限公司 2025 年第四次临时股东会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11、12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于上海南芯半导体科技股份有限公司 2025 年第四次临时股东会的法律意见书 一、本次股东会召集、召开的程序 （一） 经本所律师查验，本次股东会由董事会提议并召集，根据公司董事 会 2025 年 10 月 28 日发布的《上海南芯半导体科技股份有限公司关于召开 2025 年第四次临时股东会的通知》（以下简称"召开通知"），本次股东会由公司董 事会召集，并且公司董事会已作出相关决议。根据会议通知，本次股东会将于 2025 年 11 月 13 日召开，公司董事会已就召开本次股东会提前 15 日以公告方式 向全体股东发出通知。会议通知的内容包括会议时间、地点、方式、召集人、会 议审议议题、股权登记日以及会议出席对象、登记方法等内容。 根据本次股东会的议程，提请本次股东会审议的议案为： 上海市锦天城律师事 ...

Core Viewpoint - The company is actively investing in research and development of high-voltage power management chips, focusing on solid-state transformers and AI computing power supply ecosystems [1] Group 1: Technology and Innovation - Solid-state transformers are being recognized as an innovative technology in the power electronics field due to their efficiency, compactness, and intelligence [1] - The company has developed products such as HV-Buck that can be applied in solid-state transformers and inverters [1] Group 2: Market Focus - The company is concentrating on the AI computing power supply ecosystem, particularly in the high current sector [1] - Key areas of focus include multi-phase controllers, DrMos, and high current DCDC [1] Group 3: Strategic Development - The company is accelerating the research and development of related power supply and driver chips in the high-voltage side power sector [1] - This strategy aims to seize the significant opportunities presented by the domestic demand for AI computing power supply chips [1]

Core Viewpoint - The domestic analog chip industry is experiencing "collective growth with internal differentiation" driven by technological iteration and market demand in Q3 2025, with financial reports from 10 representative companies revealing both resilience among leading firms and competitive dynamics in a recovering market [1] Revenue Landscape - The total revenue of 10 analog chip manufacturers reached 7.087 billion yuan in Q3 2025, showing an overall growth trend [2] - Leading the high-growth segment, Jiehuate achieved a revenue increase of 71.18% year-on-year, followed by SIRUIPO and NAXINWEI with increases of 70.29% and 62.81% respectively, driven by technological breakthroughs in high-end analog chips and overall industry recovery [2][5] - Nanchip Technology ranked second in growth with a revenue increase of 40.26%, benefiting from its strong presence in consumer electronics and expectations of further growth in the second half of the year [2] Profitability Analysis - The total net profit attributable to shareholders of the 10 manufacturers was 346 million yuan, with a non-recurring net profit of 170 million yuan, indicating significant differentiation in profitability compared to revenue [6] - Shengbang's net profit reached 142 million yuan, up 34.02% year-on-year, while Awei Electronics reported a net profit of 119 million yuan, up 37.93% [6] - Conversely, NAXINWEI and Jiehuate reported net losses of 62 million yuan and 165 million yuan respectively, highlighting the competitive pressures within the industry [7] R&D Investment Trends - The total R&D investment among the 10 manufacturers was 1.184 billion yuan, reflecting varying recognition and strategic focus on technological iteration [8] - Jiehuate led in R&D investment with 258 million yuan, a 52.19% increase year-on-year, representing 34.20% of its revenue [8][11] - Nanchip Technology and Awei Electronics also increased their R&D investments significantly, with growth rates of 51.32% and 21.04% respectively, indicating a heightened focus on innovation [11] Market Dynamics - The competition among leading firms is intensifying as the analog chip sector approaches a critical phase, with companies emphasizing high-quality R&D investments to maintain competitive advantages [11][12] - The differentiation in R&D investment and its effectiveness in translating into competitive strength will be crucial as the industry undergoes potential reshuffling [12]