Core Viewpoint - InnoLux (02577) has seen its stock price increase by over 20% this month, with a current price of 82.35 HKD, following a strategic partnership with ON Semiconductor to advance the application of Gallium Nitride (GaN) technology in various industries [1]. Group 1: Company Developments - InnoLux and ON Semiconductor announced a strategic collaboration on December 3, aimed at accelerating the application and layout of GaN technology [1]. - The partnership will integrate InnoLux's advanced GaN manufacturing capabilities with ON Semiconductor's expertise in system packaging and integration [1]. - This collaboration is expected to generate hundreds of millions of dollars in GaN sales over the next few years, providing both companies with a competitive edge in key markets such as electric vehicles, artificial intelligence, and data centers [1]. Group 2: Industry Trends - Recent reports indicate that the robotics sector is increasingly focusing on GaN drivers as a core component for actuators [1]. - Leading robotics manufacturers, such as Shanghai Zhiyuan Robotics, have begun incorporating InnoLux's GaN chips into critical areas of humanoid robots, marking GaN devices as essential for the robotics industry [1]. - Analysts recommend monitoring companies that are leading the GaN driver market, including upstream GaN power device manufacturers like InnoLux [1].

Core Viewpoint - InnoTech's stock price experienced significant fluctuations, with an increase of 7.21% to HKD 82.55 per share as of 10:10 AM on December 5, 2023, reaching a peak increase of nearly 8% earlier in the day [1]. Stock Performance - The stock reached a high of HKD 83.15 and a low of HKD 82.55, with a trading volume of 3.383 million shares [2]. - The average price was HKD 80.295, indicating a strong upward trend in the stock's performance [2]. Strategic Partnership - On December 3, InnoTech announced a strategic partnership with ON Semiconductor to accelerate the application and layout of Gallium Nitride (GaN) technology [3]. - The collaboration aims to integrate InnoTech's advanced GaN manufacturing capabilities with ON Semiconductor's expertise in system packaging and integration, targeting sectors such as electric vehicles, artificial intelligence, and data centers [3]. - This partnership is expected to generate hundreds of millions of dollars in GaN sales over the coming years and provide a competitive edge in market expansion for both companies [3].

来源：智通财经网 英诺赛科(02577)涨超7%，本月股价累涨超两成。截至发稿，涨6.95%，报82.35港元，成交额3.56亿港 元。 值得一提的是，近期机器人领域催化不断。国盛证券近期研报指出，机器人下一个方向为执行器GaN驱 动。目前头部整机研发企业和聚焦核心部件的厂商已明确将氮化镓驱动器作为核心组件。头部具身智能 厂商上海智元机器人已经在脖子、手肘等关键部位开始搭载英诺赛科的氮化镓芯片，标志着 GaN 器件 正式成为人形机器人产业的"功率神经"。该行建议关注国内外领先布局GaN驱动的厂商，包括上游GaN 功率器件公司英诺赛科等。 消息面上，12月3日，英诺赛科与安森美半导体共同宣布，双方达成战略合作，共同加速推进氮化镓产 业的应用与布局。此次战略合作，将通过晶圆采购等方式，整合英诺赛科成熟先进的氮化镓制造能力及 安森美在系统封装与集成等领域的经验和优势，加速推动氮化镓在新能源汽车、人工智能、数据中心， 工业等领域的快速落地。此次合作，有望在未来几年将带来数亿美元的氮化镓销售，并为合作双方在上 述关键领域的市场开拓与布局带来先机。 ...

消息面上，12月3日，英诺赛科与安森美半导体共同宣布，双方达成战略合作，共同加速推进氮化镓产 业的应用与布局。此次战略合作，将通过晶圆采购等方式，整合英诺赛科成熟先进的氮化镓制造能力及 安森美在系统封装与集成等领域的经验和优势，加速推动氮化镓在新能源汽车、人工智能、数据中心， 工业等领域的快速落地。此次合作，有望在未来几年将带来数亿美元的氮化镓销售，并为合作双方在上 述关键领域的市场开拓与布局带来先机。 英诺赛科(02577)涨超7%，本月股价累涨超两成。截至发稿，涨6.95%，报82.35港元，成交额3.56亿港 元。 值得一提的是，近期机器人领域催化不断。国盛证券（002670）近期研报指出，机器人下一个方向为执 行器GaN驱动。目前头部整机研发企业和聚焦核心部件的厂商已明确将氮化镓驱动器作为核心组件。头 部具身智能厂商上海智元机器人已经在脖子、手肘等关键部位开始搭载英诺赛科的氮化镓芯片，标志着 GaN器件正式成为人形机器人产业的"功率神经"。该行建议关注国内外领先布局GaN驱动的厂商，包括 上游GaN功率器件公司英诺赛科等。 ...

智通财经APP获悉，英诺赛科(02577)涨超7%，本月股价累涨超两成。截至发稿，涨6.95%，报82.35港 元，成交额3.56亿港元。 消息面上，12月3日，英诺赛科与安森美半导体共同宣布，双方达成战略合作，共同加速推进氮化镓产 业的应用与布局。此次战略合作，将通过晶圆采购等方式，整合英诺赛科成熟先进的氮化镓制造能力及 安森美在系统封装与集成等领域的经验和优势，加速推动氮化镓在新能源汽车、人工智能、数据中心， 工业等领域的快速落地。此次合作，有望在未来几年将带来数亿美元的氮化镓销售，并为合作双方在上 述关键领域的市场开拓与布局带来先机。 值得一提的是，近期机器人领域催化不断。国盛证券近期研报指出，机器人下一个方向为执行器GaN驱 动。目前头部整机研发企业和聚焦核心部件的厂商已明确将氮化镓驱动器作为核心组件。头部具身智能 厂商上海智元机器人已经在脖子、手肘等关键部位开始搭载英诺赛科的氮化镓芯片，标志着 GaN 器件 正式成为人形机器人产业的"功率神经"。该行建议关注国内外领先布局GaN驱动的厂商，包括上游GaN 功率器件公司英诺赛科等。 ...

GaN半导体器件凭借更高的开关速度、更小的尺寸和更低的能耗，能够在更小的空间内提供更大的功 率。由于产品供应和产能不足，GaN在低压和中压领域的应用受限。据统计，预计到2030年，GaN将在 全球功率半导体市场占据约29亿美元(11%)的份额，2024—2030年期间复合年增长率预计达42%。 通过此次合作，安森美和英诺赛科加速推进实现更优化的GaN解决方案在全球主流市场的大规模部署。 具体来看，本次合作覆盖多领域的相关产品，其中工业领域包含机器人电机驱动器、太阳能微型逆变器 及优化器；汽车领域涵盖DC-DC转换器、同步整流；电信基础设施领域涉及DC-DC转换器与负载点转 换器；消费及大众市场领域包含电源、适配器、DC-DC转换器、电机驱动器、音频设备、轻型电动汽 车、电动工具、机器人等；AI数据中心领域则有中间总线转换器、DC-DC转换器、备用电池。 本次合作中，安森美的系统专业知识以及英诺赛科成熟的GaN技术和制造工艺，将实现快速原型制作、 加速设计导入，并迅速进入主流市场。另外，依托安森美全球集成与封装经验及英诺赛科成熟的GaN产 能，实现真正面向大众市场的规模化生产，满足大批量产能爬坡需求。通过优化封 ...

Group 1 - The Hang Seng Index rose by 0.19%, gaining 48 points to close at 25,809 points, while the Hang Seng Tech Index increased by 0.58% [1] - The trading volume in the Hong Kong stock market reached 92.2 billion HKD in the morning session [1] - Robotics concept stocks led the gains, with several stocks rising over 3%, driven by reports of the Trump administration promoting the robotics industry [1] Group 2 - UBTECH (09880) rose over 3% after announcing a partnership with ZHOS Technology to deploy 10,000 humanoid robots over five years [2] - Hesai Technology (02525) increased by over 6% following the release of its self-developed RISC-V laser radar main control chip, Fermi C500 [2] - InnoCare Pharma (02577) saw a rise of over 4% after forming a strategic partnership with ON Semiconductor to advance the GaN ecosystem [2] - Dazhong Public Utilities (01635) surged over 6% ahead of the listing of Moole Thread, with its subsidiary Deep Venture Capital participating in the investment [2] - Global New Materials International (06616) rose over 5%, with its stock price doubling since the end of October, following an increase in holdings of Seven Color Pearl Coatings [2] - Gilead Sciences-B (01672) increased over 9% after repurchasing 1.3 million shares and announcing a buyback of up to 300 million HKD [2] - Kacos-B (01167) saw a mid-session rise of over 5% after its subsidiary received a 125 million HKD initial payment for a joint therapy featured in The Lancet [2] - Pacific Shipping (02343) rose over 4% as the BDI index reached a nearly two-year high, indicating a turning point for the dry bulk shipping industry [2] - Capital Market Holdings (00204) fell over 40%, with a cumulative decline of over 80% this week, following a significant transfer of shares [2]

智通财经获悉，英诺赛科(02577)早盘涨超6%，截至发稿，涨4.16%，报76.4港元，成交额1.88亿港元。 公告称，此次战略合作有望在未来几年为本公司带来数亿美元的氮化镓销售，并为合作双方在上述关键 领域的市场开拓与布局带来先机。 本文源自：智通财经网 消息面上，英诺赛科与安森美半导体达成战略合作，共同加速推进氮化镓产业的应用和布局。此次战略 合作将通过晶圆采购等方式，整合英诺赛科成熟先进的氮化镓制造能力及安森美半导体在系统封装与集 成等领域的经验和优势，加速推动氮化镓在新能源汽车、人工智能、数据中心，工业等领域的快速落 地。 ...

Market Overview - The Hong Kong stock market indices collectively rose, with the Hang Seng Index increasing by 0.19% to 25,809.45 points, the Hang Seng Tech Index up by 0.58%, and the National Enterprises Index rising by 0.38% [8][12]. Technology Sector - The technology sector showed mixed performance, with companies like Xiaomi, Bilibili, and Meituan rising over 2%, while Baidu fell by more than 0.5% [8][12]. Robotics Sector - Robotics stocks strengthened, particularly Sanhua Intelligent Controls, which surged over 9%. The U.S. Secretary of Commerce, Gina Raimondo, indicated strong government support for the robotics industry, with potential executive orders expected next year [3][11]. Semiconductor Sector - The semiconductor sector led the gains, with InnoSilicon rising over 4%. InnoSilicon has entered a strategic partnership with ON Semiconductor to accelerate the application of gallium nitride (GaN) technology, which is expected to generate hundreds of millions in sales over the coming years [12][6]. Innovative Pharmaceuticals - The innovative pharmaceuticals sector showed signs of recovery, with Gilead Sciences rising over 8%. A report from CICC indicated a leading rating for the mainland pharmaceutical industry, predicting a critical turning point by 2025 [12][13].

Core Viewpoint - InnoCare (2577.HK) has seen a significant stock price increase of over 6%, currently trading at HKD 77.3, with a total market capitalization of HKD 70.7 billion, following the announcement of a strategic partnership with ON Semiconductor to accelerate the application and layout of gallium nitride (GaN) technology [1] Group 1: Strategic Partnership - InnoCare has entered into a strategic collaboration with ON Semiconductor to enhance the gallium nitride industry [1] - The partnership will integrate InnoCare's advanced GaN manufacturing capabilities with ON Semiconductor's expertise in system packaging and integration [1] - This collaboration aims to expedite the deployment of GaN technology in key sectors such as electric vehicles, artificial intelligence, data centers, and industrial applications [1] Group 2: Financial Implications - The strategic partnership is expected to generate several hundred million dollars in GaN sales for InnoCare over the coming years [1] - The collaboration is anticipated to provide both companies with a competitive edge in market expansion and positioning within the aforementioned critical sectors [1]