758 lines
39 KiB
HTML
758 lines
39 KiB
HTML
|
||
<!DOCTYPE html>
|
||
<html lang="zh-CN">
|
||
<head>
|
||
<meta charset="utf-8" />
|
||
<meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">
|
||
<title>紫光展锐IPO概念分析报告</title>
|
||
<link href="https://fonts.googleapis.com/css?family=Inter:300,400,500,600,700,800" rel="stylesheet" />
|
||
<link href="https://cdn.jsdelivr.net/npm/tailwindcss@2.2.19/dist/tailwind.min.css" rel="stylesheet">
|
||
<link href="https://cdn.jsdelivr.net/npm/daisyui@5/dist/full.min.css" rel="stylesheet" type="text/css" />
|
||
<script src="https://cdn.tailwindcss.com"></script>
|
||
<script src="https://kit.fontawesome.com/1d2b6c4f81.js" crossorigin="anonymous"></script>
|
||
<style>
|
||
@import url('https://fonts.googleapis.com/css2?family=Noto+Sans+SC:wght@300;400;500;700;900&display=swap');
|
||
body {
|
||
font-family: 'Noto Sans SC', 'Inter', sans-serif;
|
||
}
|
||
.gradient-bg {
|
||
background: linear-gradient(135deg, #1a2a6c, #b21f1f, #fdbb2d);
|
||
}
|
||
.card-shadow {
|
||
box-shadow: 0 10px 15px -3px rgba(0, 0, 0, 0.1), 0 4px 6px -2px rgba(0, 0, 0, 0.05);
|
||
}
|
||
.timeline-dot {
|
||
width: 16px;
|
||
height: 16px;
|
||
background-color: #3b82f6;
|
||
border-radius: 50%;
|
||
position: absolute;
|
||
left: -8px;
|
||
top: 6px;
|
||
}
|
||
.timeline-line {
|
||
position: absolute;
|
||
left: 0;
|
||
top: 22px;
|
||
bottom: 0;
|
||
width: 2px;
|
||
background-color: #e5e7eb;
|
||
}
|
||
.highlight-text {
|
||
background: linear-gradient(120deg, #3b82f6 0%, #8b5cf6 100%);
|
||
-webkit-background-clip: text;
|
||
-webkit-text-fill-color: transparent;
|
||
background-clip: text;
|
||
}
|
||
.chip-tag {
|
||
display: inline-block;
|
||
padding: 4px 12px;
|
||
border-radius: 16px;
|
||
font-size: 12px;
|
||
font-weight: 500;
|
||
margin-right: 8px;
|
||
margin-bottom: 8px;
|
||
}
|
||
.tag-purple {
|
||
background-color: #ede9fe;
|
||
color: #7c3aed;
|
||
}
|
||
.tag-blue {
|
||
background-color: #dbeafe;
|
||
color: #2563eb;
|
||
}
|
||
.tag-green {
|
||
background-color: #dcfce7;
|
||
color: #16a34a;
|
||
}
|
||
.tag-red {
|
||
background-color: #fee2e2;
|
||
color: #dc2626;
|
||
}
|
||
.tag-yellow {
|
||
background-color: #fef3c7;
|
||
color: #d97706;
|
||
}
|
||
#particles-js {
|
||
position: fixed;
|
||
width: 100%;
|
||
height: 100%;
|
||
top: 0;
|
||
left: 0;
|
||
z-index: -1;
|
||
opacity: 0.4;
|
||
}
|
||
.table-container {
|
||
overflow-x: auto;
|
||
}
|
||
@media (max-width: 768px) {
|
||
.table-container {
|
||
font-size: 12px;
|
||
}
|
||
}
|
||
</style>
|
||
</head>
|
||
<body class="bg-gray-50">
|
||
<div id="particles-js"></div>
|
||
|
||
<div class="container mx-auto px-4 py-8 max-w-6xl">
|
||
<!-- 标题部分 -->
|
||
<div class="text-center mb-10">
|
||
<h1 class="text-4xl md:text-5xl font-bold mb-4 highlight-text">紫光展锐IPO概念分析</h1>
|
||
<p class="text-lg text-gray-600 max-w-3xl mx-auto">
|
||
中国大陆唯一具备5G SoC通用芯片设计能力的平台型企业，科创板IPO冲刺阶段深度解析
|
||
</p>
|
||
</div>
|
||
|
||
<!-- 概念事件卡片 -->
|
||
<div class="card bg-white rounded-xl shadow-lg mb-8 overflow-hidden">
|
||
<div class="gradient-bg p-1"></div>
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">概念事件</h2>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-2 text-blue-600">背景</h3>
|
||
<p class="text-gray-700">
|
||
紫光展锐（上海）科技股份有限公司是中国大陆唯一具备5G SoC通用芯片设计能力的平台型企业，2024年全球智能手机芯片市占率<strong class="text-blue-600">13%</strong>（Counterpoint数据），位列全球第三。
|
||
</p>
|
||
</div>
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-2 text-blue-600">催化事件</h3>
|
||
<ul class="space-y-2 text-gray-700">
|
||
<li class="flex items-start">
|
||
<span class="text-blue-500 mr-2">•</span>
|
||
<span><strong>2024年9月</strong>：完成新一轮<strong>60亿元</strong>战略融资，投后估值<strong>700亿元</strong></span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="text-blue-500 mr-2">•</span>
|
||
<span><strong>2025年4月</strong>：完成股份制改革，公司名称变更为"紫光展锐（上海）科技股份有限公司"</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<span class="text-blue-500 mr-2">•</span>
|
||
<span><strong>2025年6月28日</strong>：IPO辅导备案获上海证监局登记，拟登陆<strong>科创板</strong></span>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 时间轴 -->
|
||
<div class="mt-6">
|
||
<h3 class="text-lg font-semibold mb-4 text-blue-600">时间轴</h3>
|
||
<div class="relative pl-8">
|
||
<div class="timeline-line"></div>
|
||
<div class="space-y-6">
|
||
<div class="relative">
|
||
<div class="timeline-dot"></div>
|
||
<div class="bg-blue-50 rounded-lg p-4">
|
||
<div class="font-semibold text-blue-700">2024年Q3</div>
|
||
<div class="text-gray-700">完成60亿元战略融资</div>
|
||
</div>
|
||
</div>
|
||
<div class="relative">
|
||
<div class="timeline-dot"></div>
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<div class="font-semibold text-purple-700">2025年Q2</div>
|
||
<div class="text-gray-700">完成股份制改革</div>
|
||
</div>
|
||
</div>
|
||
<div class="relative">
|
||
<div class="timeline-dot"></div>
|
||
<div class="bg-green-50 rounded-lg p-4">
|
||
<div class="font-semibold text-green-700">2025年Q3</div>
|
||
<div class="text-gray-700">IPO辅导备案</div>
|
||
</div>
|
||
</div>
|
||
<div class="relative">
|
||
<div class="timeline-dot bg-yellow-500"></div>
|
||
<div class="bg-yellow-50 rounded-lg p-4">
|
||
<div class="font-semibold text-yellow-700">预计2025年Q4-2026年Q1</div>
|
||
<div class="text-gray-700">IPO过会</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 核心观点摘要 -->
|
||
<div class="card bg-white rounded-xl shadow-lg mb-8 overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">核心观点摘要</h2>
|
||
<div class="bg-gradient-to-r from-blue-50 to-purple-50 rounded-lg p-6 border-l-4 border-blue-500">
|
||
<p class="text-lg text-gray-800 leading-relaxed">
|
||
紫光展锐IPO已进入<strong class="text-blue-600">冲刺阶段</strong>，其作为国产5G芯片"独苗"的稀缺性叠加政策对半导体自主可控的倾斜，将驱动估值从<strong class="text-purple-600">700亿元</strong>向<strong class="text-purple-600">千亿级</strong>跃迁。短期需验证<strong class="text-green-600">客户放量</strong>（小米/vivo 4G SoC订单）与<strong class="text-green-600">技术迭代</strong>（6nm T820芯片量产）的兑现度。
|
||
</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 核心逻辑与市场认知 -->
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-8 mb-8">
|
||
<div class="card bg-white rounded-xl shadow-lg overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">核心驱动力</h2>
|
||
<div class="space-y-4">
|
||
<div class="flex items-start">
|
||
<div class="bg-blue-100 rounded-full p-2 mr-3">
|
||
<i class="fas fa-microchip text-blue-600"></i>
|
||
</div>
|
||
<div>
|
||
<h3 class="font-semibold text-gray-800">技术壁垒</h3>
|
||
<p class="text-gray-600 text-sm">全球仅<strong>高通、联发科、紫光展锐</strong>三家公开市场5G SoC供应商，展锐<strong>6nm T820芯片</strong>已规模出货</p>
|
||
</div>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<div class="bg-purple-100 rounded-full p-2 mr-3">
|
||
<i class="fas fa-landmark text-purple-600"></i>
|
||
</div>
|
||
<div>
|
||
<h3 class="font-semibold text-gray-800">政策红利</h3>
|
||
<p class="text-gray-600 text-sm">国常会明确"高水平科技自立自强"，科创板第五套上市标准豁免盈利要求</p>
|
||
</div>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<div class="bg-green-100 rounded-full p-2 mr-3">
|
||
<i class="fas fa-handshake text-green-600"></i>
|
||
</div>
|
||
<div>
|
||
<h3 class="font-semibold text-gray-800">客户突破</h3>
|
||
<p class="text-gray-600 text-sm">2024年打入<strong>小米/vivo海外4G机型</strong>供应链，2025年有望切入荣耀5G机型</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="card bg-white rounded-xl shadow-lg overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">市场热度与预期差</h2>
|
||
<div class="space-y-4">
|
||
<div>
|
||
<h3 class="font-semibold text-gray-800 mb-2">市场热度</h3>
|
||
<div class="flex items-center mb-2">
|
||
<span class="chip-tag tag-red">新闻热度飙升300%</span>
|
||
<span class="chip-tag tag-blue">12家媒体密集报道</span>
|
||
</div>
|
||
<p class="text-gray-600 text-sm">6月28日辅导备案后，科创板日报等媒体密集报道</p>
|
||
</div>
|
||
<div>
|
||
<h3 class="font-semibold text-gray-800 mb-2">预期差</h3>
|
||
<div class="bg-yellow-50 rounded-lg p-3 border-l-4 border-yellow-400">
|
||
<p class="text-gray-700 text-sm">
|
||
<strong>市场忽略点</strong>：紫光展锐<strong>非手机业务</strong>（物联网/车载芯片）占比已超30%，2024年<strong>Cat.1 bis芯片</strong>出货<strong>8000万颗</strong>（占全球60%）
|
||
</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 催化剂与未来路径 -->
|
||
<div class="card bg-white rounded-xl shadow-lg mb-8 overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">关键催化剂与未来发展路径</h2>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-3 text-blue-600">近期催化剂（3-6个月）</h3>
|
||
<div class="space-y-3">
|
||
<div class="flex items-start">
|
||
<div class="bg-blue-100 text-blue-800 rounded-full w-8 h-8 flex items-center justify-center mr-3 flex-shrink-0">1</div>
|
||
<div>
|
||
<h4 class="font-medium text-gray-800">IPO过会</h4>
|
||
<p class="text-gray-600 text-sm">科创板上市委审核结果（预计2025Q4）</p>
|
||
</div>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<div class="bg-blue-100 text-blue-800 rounded-full w-8 h-8 flex items-center justify-center mr-3 flex-shrink-0">2</div>
|
||
<div>
|
||
<h4 class="font-medium text-gray-800">客户订单</h4>
|
||
<p class="text-gray-600 text-sm">小米/vivo 2025年海外机型<strong>4G SoC采购量</strong>（机构预测<strong>5000万颗</strong>）</p>
|
||
</div>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<div class="bg-blue-100 text-blue-800 rounded-full w-8 h-8 flex items-center justify-center mr-3 flex-shrink-0">3</div>
|
||
<div>
|
||
<h4 class="font-medium text-gray-800">技术节点</h4>
|
||
<p class="text-gray-600 text-sm">3nm 5G芯片<strong>T930流片成功</strong>（2025年Q3）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-3 text-purple-600">长期路径</h3>
|
||
<div class="space-y-3">
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<h4 class="font-medium text-gray-800 mb-1">2025-2027年</h4>
|
||
<p class="text-gray-600 text-sm">手机芯片市占率从13%→<strong>20%</strong>（替代联发科中低端份额）</p>
|
||
</div>
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<h4 class="font-medium text-gray-800 mb-1">2028年后</h4>
|
||
<p class="text-gray-600 text-sm">车载/物联网芯片收入占比超50%，成为<strong>大陆版"高通+英伟达"</strong>混合体</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 产业链图谱 -->
|
||
<div class="card bg-white rounded-xl shadow-lg mb-8 overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">产业链与核心公司深度剖析</h2>
|
||
<div class="mb-6">
|
||
<h3 class="text-lg font-semibold mb-3 text-blue-600">产业链图谱</h3>
|
||
<div class="flex flex-col md:flex-row justify-between items-center bg-gray-50 rounded-lg p-4">
|
||
<div class="text-center mb-4 md:mb-0">
|
||
<div class="bg-blue-100 text-blue-800 rounded-lg px-4 py-2 font-semibold">上游</div>
|
||
<div class="mt-2 text-sm text-gray-600">台积电、慧智微、江波龙</div>
|
||
</div>
|
||
<div class="text-center mb-4 md:mb-0">
|
||
<i class="fas fa-arrow-right text-gray-400 mx-2"></i>
|
||
</div>
|
||
<div class="text-center mb-4 md:mb-0">
|
||
<div class="bg-purple-100 text-purple-800 rounded-lg px-4 py-2 font-semibold">中游</div>
|
||
<div class="mt-2 text-sm text-gray-600">紫光展锐（芯片设计）</div>
|
||
</div>
|
||
<div class="text-center mb-4 md:mb-0">
|
||
<i class="fas fa-arrow-right text-gray-400 mx-2"></i>
|
||
</div>
|
||
<div class="text-center">
|
||
<div class="bg-green-100 text-green-800 rounded-lg px-4 py-2 font-semibold">下游</div>
|
||
<div class="mt-2 text-sm text-gray-600">小米/vivo、广和通、有方科技</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-3 text-blue-600">核心玩家对比</h3>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full bg-white border border-gray-200 rounded-lg">
|
||
<thead>
|
||
<tr class="bg-gray-100">
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">公司</th>
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">关联逻辑</th>
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">风险点</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">紫光股份</td>
|
||
<td class="py-3 px-4 text-gray-600">同属紫光集团，<strong>云网协同</strong>场景</td>
|
||
<td class="py-3 px-4 text-gray-600">新华三股权并购稀释EPS</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">慧智微</td>
|
||
<td class="py-3 px-4 text-gray-600">展锐<strong>射频独家供应商</strong>（ASP 2→3美元）</td>
|
||
<td class="py-3 px-4 text-gray-600">客户验证不及预期</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">江波龙</td>
|
||
<td class="py-3 px-4 text-gray-600">存储芯片<strong>已获展锐认证</strong></td>
|
||
<td class="py-3 px-4 text-gray-600">消费电子需求疲软</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 潜在风险 -->
|
||
<div class="card bg-white rounded-xl shadow-lg mb-8 overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">潜在风险与挑战</h2>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
|
||
<div class="bg-red-50 rounded-lg p-4 border-l-4 border-red-400">
|
||
<h3 class="font-semibold text-red-700 mb-2">技术风险</h3>
|
||
<p class="text-gray-700 text-sm">3nm芯片流片失败可能导致<strong>估值折半</strong>（参考寒武纪7nm延期案例）</p>
|
||
</div>
|
||
<div class="bg-yellow-50 rounded-lg p-4 border-l-4 border-yellow-400">
|
||
<h3 class="font-semibold text-yellow-700 mb-2">商业化风险</h3>
|
||
<p class="text-gray-700 text-sm">5G手机芯片<strong>毛利率仅15%</strong>（低于高通35%），依赖政府补贴换机政策</p>
|
||
</div>
|
||
<div class="bg-orange-50 rounded-lg p-4 border-l-4 border-orange-400">
|
||
<h3 class="font-semibold text-orange-700 mb-2">政策风险</h3>
|
||
<p class="text-gray-700 text-sm">美国若将展锐列入<strong>实体清单</strong>，台积电代工或受限（类似华为）</p>
|
||
</div>
|
||
<div class="bg-purple-50 rounded-lg p-4 border-l-4 border-purple-400">
|
||
<h3 class="font-semibold text-purple-700 mb-2">信息矛盾</h3>
|
||
<p class="text-gray-700 text-sm">媒体称"2025年IPO"，但辅导备案未披露<strong>募资金额</strong>（可能低于预期）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 投资启示 -->
|
||
<div class="card bg-white rounded-xl shadow-lg mb-8 overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">综合结论与投资启示</h2>
|
||
<div class="mb-4">
|
||
<div class="chip-tag tag-blue">政策+技术双轮驱动</div>
|
||
<div class="chip-tag tag-green">基本面拐点</div>
|
||
<div class="chip-tag tag-purple">非纯主题炒作</div>
|
||
</div>
|
||
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-3 text-blue-600">投资方向</h3>
|
||
<div class="space-y-3">
|
||
<div class="bg-blue-50 rounded-lg p-4">
|
||
<h4 class="font-medium text-gray-800 mb-1">直接受益</h4>
|
||
<p class="text-gray-600 text-sm">紫光展锐IPO影子股（<strong>越秀金控</strong>0.136%股权+<strong>中信证券</strong>0.076%股权）</p>
|
||
</div>
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<h4 class="font-medium text-gray-800 mb-1">供应链弹性</h4>
|
||
<p class="text-gray-600 text-sm"><strong>慧智微</strong>（射频模组绑定展锐5G放量）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div>
|
||
<h3 class="text-lg font-semibold mb-3 text-purple-600">跟踪指标</h3>
|
||
<div class="space-y-3">
|
||
<div class="flex items-start">
|
||
<i class="fas fa-chart-line text-blue-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<h4 class="font-medium text-gray-800">展锐芯片出货量</h4>
|
||
<p class="text-gray-600 text-sm">Counterpoint季度数据</p>
|
||
</div>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<i class="fas fa-calendar-check text-purple-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<h4 class="font-medium text-gray-800">科创板IPO审核节奏</h4>
|
||
<p class="text-gray-600 text-sm">上交所官网披露</p>
|
||
</div>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<i class="fas fa-coins text-green-500 mt-1 mr-2"></i>
|
||
<div>
|
||
<h4 class="font-medium text-gray-800">小米/vivo 2025年机型BOM成本</h4>
|
||
<p class="text-gray-600 text-sm">供应链调研</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-6 bg-red-50 rounded-lg p-4 border-l-4 border-red-400">
|
||
<h3 class="font-semibold text-red-700 mb-2">风险提示</h3>
|
||
<p class="text-gray-700">若2025Q4前未通过上市委审核，估值或回调至<strong>500亿元</strong>（Pre-IPO融资水平）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票表格 -->
|
||
<div class="card bg-white rounded-xl shadow-lg overflow-hidden">
|
||
<div class="p-6">
|
||
<h2 class="text-2xl font-bold mb-4 text-gray-800">关联股票</h2>
|
||
<div class="table-container">
|
||
<table class="min-w-full bg-white border border-gray-200 rounded-lg">
|
||
<thead>
|
||
<tr class="bg-gray-100">
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">股票名称</th>
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">分类</th>
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">业务相关</th>
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">消息来源</th>
|
||
<th class="py-3 px-4 text-left text-gray-700 font-semibold">关联原因</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">紫光股份</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-purple">紫光集团</span></td>
|
||
<td class="py-3 px-4 text-gray-600">同属紫光集团，公司协同紫光集团芯片产业发展，形成"芯云一体、场景驱动"云产业生态群</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">紫光集团体系内协同芯片产业发展的核心企业</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">紫光国微</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-purple">紫光集团</span></td>
|
||
<td class="py-3 px-4 text-gray-600">同属紫光集团，与紫光展锐在市场化原则下合作</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">调研</span></td>
|
||
<td class="py-3 px-4 text-gray-600">紫光集团体系内技术与市场协同</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">越秀金控</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">旗下基金合计持有紫光展锐约0.136%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股紫光展锐</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">中信证券</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">持有紫光展锐约0.076%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">直接持有紫光展锐股权</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">彤程新材</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.044%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">慧智微</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.044%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">江波龙</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.044%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">长电科技</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.044%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">华大九天</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.024%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">中新集团</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.016%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">晶丰明源</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.012%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">安凯微</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.005%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">步长制药</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.005%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">北京君正</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过璞华基金穿透持股0.005%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">广日股份</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过广州国资创兴基金穿透持股0.007%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过地方国资基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">广百股份</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过广州国资创兴基金穿透持股0.003%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过地方国资基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">珠江钢琴</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">参股</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过广州国资创兴基金穿透持股0.003%</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">工商</span></td>
|
||
<td class="py-3 px-4 text-gray-600">通过地方国资基金间接持股</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">深圳华强</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-yellow">分销</span></td>
|
||
<td class="py-3 px-4 text-gray-600">授权分销产品线包括紫光展锐</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">作为授权分销商参与产品销售</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">中电港</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-yellow">分销</span></td>
|
||
<td class="py-3 px-4 text-gray-600">授权分销产品线包括紫光展锐</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">作为授权分销商参与产品销售</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">东芯股份</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-purple">认证</span></td>
|
||
<td class="py-3 px-4 text-gray-600">存储芯片产品已获紫光展锐认证</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">产品通过紫光展锐认证</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">泰晶科技</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-purple">认证</span></td>
|
||
<td class="py-3 px-4 text-gray-600">已有产品在紫光展锐等平台认证</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">产品通过紫光展锐认证</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">江波龙</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-purple">认证</span></td>
|
||
<td class="py-3 px-4 text-gray-600">LPDDR产品获紫光展锐主流平台认证</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">年报</span></td>
|
||
<td class="py-3 px-4 text-gray-600">产品通过紫光展锐认证</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">德明利</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-purple">认证</span></td>
|
||
<td class="py-3 px-4 text-gray-600">eMMC存储产品通过紫光展锐芯片平台认证</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">年报</span></td>
|
||
<td class="py-3 px-4 text-gray-600">产品通过紫光展锐认证</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">芯原股份</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-red">客户</span></td>
|
||
<td class="py-3 px-4 text-gray-600">客户紫光展锐</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">紫光展锐为其直接客户</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">甬矽电子</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-red">客户</span></td>
|
||
<td class="py-3 px-4 text-gray-600">2022-2024年应收账款前五名包括紫光展锐</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">年报</span></td>
|
||
<td class="py-3 px-4 text-gray-600">连续三年进入应收账款前五</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">兆易创新</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-red">客户</span></td>
|
||
<td class="py-3 px-4 text-gray-600">2023年1-7月与紫光展锐存在关联交易</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">公告</span></td>
|
||
<td class="py-3 px-4 text-gray-600">关联交易显示业务往来</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">广和通</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">合作</span></td>
|
||
<td class="py-3 px-4 text-gray-600">合作紫光展锐</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">与紫光展锐开展战略合作</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">诚迈科技</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">合作</span></td>
|
||
<td class="py-3 px-4 text-gray-600">合作紫光展锐</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">与紫光展锐开展战略合作</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">美格智能</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-green">合作</span></td>
|
||
<td class="py-3 px-4 text-gray-600">持续加强与紫光展锐等领先芯片企业合作</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">年报</span></td>
|
||
<td class="py-3 px-4 text-gray-600">战略合作提升技术协同</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200 bg-gray-50">
|
||
<td class="py-3 px-4 font-medium text-gray-800">有方科技</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-yellow">其他</span></td>
|
||
<td class="py-3 px-4 text-gray-600">研发基于紫光展锐5G Redcap芯片平台模组</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">互动</span></td>
|
||
<td class="py-3 px-4 text-gray-600">基于紫光展锐平台开发产品</td>
|
||
</tr>
|
||
<tr class="border-b border-gray-200">
|
||
<td class="py-3 px-4 font-medium text-gray-800">优博讯</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-yellow">其他</span></td>
|
||
<td class="py-3 px-4 text-gray-600">推出搭载紫光展锐芯片的智能手持终端</td>
|
||
<td class="py-3 px-4"><span class="chip-tag tag-blue">调研</span></td>
|
||
<td class="py-3 px-4 text-gray-600">产品采用紫光展锐芯片</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<script src="https://cdn.jsdelivr.net/npm/tsparticles@3/tsparticles.bundle.min.js"></script>
|
||
<script>
|
||
tsParticles.load("particles-js", {
|
||
particles: {
|
||
number: {
|
||
value: 80,
|
||
density: {
|
||
enable: true,
|
||
value_area: 800
|
||
}
|
||
},
|
||
color: {
|
||
value: "#3b82f6"
|
||
},
|
||
shape: {
|
||
type: "circle"
|
||
},
|
||
opacity: {
|
||
value: 0.5,
|
||
random: false
|
||
},
|
||
size: {
|
||
value: 3,
|
||
random: true
|
||
},
|
||
line_linked: {
|
||
enable: true,
|
||
distance: 150,
|
||
color: "#3b82f6",
|
||
opacity: 0.4,
|
||
width: 1
|
||
},
|
||
move: {
|
||
enable: true,
|
||
speed: 2,
|
||
direction: "none",
|
||
random: false,
|
||
straight: false,
|
||
out_mode: "out",
|
||
bounce: false
|
||
}
|
||
},
|
||
interactivity: {
|
||
detect_on: "canvas",
|
||
events: {
|
||
onhover: {
|
||
enable: true,
|
||
mode: "grab"
|
||
},
|
||
onclick: {
|
||
enable: true,
|
||
mode: "push"
|
||
},
|
||
resize: true
|
||
},
|
||
modes: {
|
||
grab: {
|
||
distance: 140,
|
||
line_linked: {
|
||
opacity: 1
|
||
}
|
||
},
|
||
push: {
|
||
particles_nb: 4
|
||
}
|
||
}
|
||
},
|
||
retina_detect: true
|
||
});
|
||
</script>
|
||
</body>
|
||
</html>
|
||
``` |