Express News | The Semiconductors Sector continues to weaken, with multiple stocks such as Naas Micro falling over 5%.

BreakingsDec 16 13:48

Nasen Micro: Multiple cabin domain chips are planned to be mass-produced and released next year, with acquisitions targeting automotive electronics and broad energy tracks. | Directly hitting the earnings conference

① Naxinwei stated that next year it will focus on the cockpit field, expecting to mass-produce and release multiple chips in this area; ② Naxinwei director and board of directors secretary Jiang Chaoshang stated that the company's future investment and acquisition focus will continue to revolve around its main business of auto electronics and general energy sectors.

cls.cnDec 4 20:08

Research Reports丨Orient Securities: Naxin Micro Automotive Electronics continues to expand, overseas layout progresses smoothly, maintains a "buy" rating

On December 4th, Guanglong Hui reported that Orient's research reports pointed out that NAXIN Micro (688052.SH) will have a revenue of 0.517 billion yuan in the third quarter of 2024, once again reaching a historical high. The revenue in the third quarter increased by 6% month-on-month and 87% year-on-year, achieving month-on-month growth in revenue for five consecutive quarters. The company's automotive electronics business continues to expand with rapid revenue growth and strong market demand. In addition, the company's overseas layout is progressing smoothly. Based on the average PS valuation of comparable companies at 7.5 times for 2025, the corresponding target price is 136.40 yuan, maintaining a 'buy' rating.

Gelonghui FinanceDec 4 16:59 · Ratings

citic sec: Four industry associations have spoken out, calling for the localization of chips, which has a significant guiding role in the direction.

On December 3, 2024, the four major industry associations of china's semiconductors/autos/internet/communication companies collectively issued a statement, firmly opposing the usa's export restrictions against china, stating that relevant chip products from the usa are no longer safe or reliable, and calling for the active use of chips produced by domestic and foreign enterprises in china.

Zhitong FinanceDec 4 08:30

Nanxinwei (688052): Third quarter revenue increased significantly year-on-year, with a continuous layout in auto electronics.

In the third quarter of 2024, the revenue was 0.517 billion yuan, reaching a new historical high once again. The revenue in the third quarter grew by 6% quarter-on-quarter and by 87% year-on-year, achieving quarter-on-quarter growth in revenue for five consecutive quarters; the net income attributable to the parent company was -1.4.

orient securitiesDec 3 07:42

Express News | Foreign institutions are investigating A-share companies, with a focus on the semiconductors and other industries.

BreakingsNov 29 04:04