香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 InnoScience (Suzhou) Technology Holding Co., Ltd. 英 諾 賽 科（ 蘇 州 ）科 技 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2577） 董事會會議通告 英諾賽科（蘇州）科技股份有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此 宣佈，董事會會議將於2025年8月28日（星期四）舉行，藉以（其中包括）考慮及批 准本公司及其附屬公司截至2025年6月30日止六個月之中期業績及其發佈，並考 慮建議派發中期股息（如有）。 承董事會命 英諾賽科（蘇州）科技股份有限公司 董事長兼執行董事 Weiwei Luo博士 中國，2025年8月18日 於本公告日期，本公司董事會包括執行董事Weiwei Luo博士、Jay Hyung Son先 生、吳金剛博士及鍾山先生；非執行董事汪燦博士、張彥紅女士及崔米子女士； 及獨立非執行 ...

Core Viewpoint - InnoLux (02577) saw a significant stock price increase, reaching a new high of 83.4 HKD, driven by its partnership with NVIDIA for 800V DC power architecture, marking it as the only domestic chip enterprise in NVIDIA's updated partner list [1][1][1] Group 1: Company Performance - InnoLux's stock rose over 20% to a peak of 83.4 HKD, with a current trading price of 81 HKD and a trading volume of 1.647 billion HKD [1][1][1] Group 2: Partnership and Industry Impact - The collaboration with NVIDIA is expected to enhance the scalability of AI data centers, increasing computing power density by over 10 times and cabinet power density exceeding 300 kW, facilitating the transition to megawatt-level power supply for global AI data centers [1][1][1] - Analysts from Yongxing Securities highlight the industry's focus on reducing power consumption due to the high energy demands of AI server clusters, suggesting that InnoLux's GaN devices will continue to be integrated into the supply chain, promoting the development of related industries such as GaN and SiC [1][1][1] - The choice of InnoLux as a core partner by NVIDIA is attributed to its comprehensive IDM capabilities, which include substrate, epitaxy, chip design, and packaging testing, showcasing its combined strengths in technology, capacity, and service [1][1][1]

Core Viewpoint - InnoLux (02577) saw a significant stock price increase, reaching a new high of 83.4 HKD, driven by its selection as the only domestic chip company in NVIDIA's updated list of partners for the 800V DC power architecture [1] Company Summary - InnoLux's stock rose over 20% in late trading, with a current price of 81 HKD and a trading volume of 1.647 billion HKD [1] - The collaboration with NVIDIA aims to enhance the scalability of AI data centers, increasing computing power density by over 10 times and cabinet power density exceeding 300 kW, marking a shift towards megawatt-level power supply for global AI data centers [1] Industry Summary - According to Yongxing Securities, the high power consumption of AI server clusters necessitates a focus on reducing power usage, which is a common goal across the industry [1] - The partnership between InnoLux and NVIDIA is expected to introduce new power devices into the supply chain, fostering the development of related industries such as GaN and SiC [1] - The industry recognizes NVIDIA's choice of InnoLux as a core partner, highlighting InnoLux's comprehensive capabilities across the entire IDM chain, including substrate, epitaxy, chip design, and packaging testing [1]

Core Insights - InnoLux (02577) shares rose nearly 6%, currently up 4.51% at HKD 68.35, with a trading volume of HKD 616 million [1] - On August 1, NVIDIA updated its list of partners for the 800V DC power architecture, with InnoLux being the only domestic chip company included [1] - The collaboration is expected to enhance the application of this architecture in AI data centers, increasing computing density by over 10 times and power density per cabinet exceeding 300kW, facilitating the transition to megawatt-level power supply for global AI data centers [1] Industry Insights - According to Aijian Securities, HVDC technology empowers the next generation of data center power supply [1] - The application of HVDC in new data centers raises the power semiconductor requirements for high voltage and high current, accelerating the adoption of third-generation GaN chips [1] - InnoLux is recognized as the first company globally to achieve mass production of 8-inch silicon-based GaN wafers, ranking first among global GaN power semiconductor companies in 2023 [1] - The company has established strategic partnerships with traditional power chip manufacturers in Europe and the United States to promote the large-scale application of GaN chips in consumer electronics and automotive electronics [1]

Core Viewpoint - InnoLux (02577) has seen a significant stock price increase, attributed to its selection as the only domestic chip company in NVIDIA's updated list of partners for the 800V DC power architecture, which will enhance AI data center capabilities [1][1]. Group 1: Company Developments - InnoLux's stock rose nearly 6%, with a current price of 68.35 HKD and a trading volume of 616 million HKD [1]. - The collaboration with NVIDIA is expected to scale the application of the 800V DC power architecture in AI data centers, increasing computing power density by over 10 times and cabinet power density exceeding 300 kW [1][1]. Group 2: Industry Insights - HVDC technology is set to empower the next generation of data center power supply, leading to higher voltage and current requirements for power semiconductor systems [1]. - The adoption of GaN chips is accelerating due to these requirements, with InnoLux being the first company globally to achieve mass production of 8-inch silicon-based GaN wafers, ranking first among global GaN power semiconductor companies in 2023 [1][1]. - InnoLux has established strategic partnerships with traditional power chip manufacturers in Europe and the U.S. to promote the large-scale application of GaN chips in consumer electronics and automotive electronics [1].

Core Viewpoint - The rapid development of downstream markets such as consumer electronics, new energy vehicles, renewable energy, and data centers is driving the increasing demand for gallium nitride (GaN) power semiconductors, with China's demand expected to reach 695 million units and a market size of 1.216 billion yuan in 2024 [1][14]. Overview - Power semiconductors are essential components in modern industrial power supplies, with silicon (Si), silicon carbide (SiC), and gallium nitride (GaN) being the primary semiconductor materials. GaN semiconductors are expected to play a key role in the ongoing transformation of the power semiconductor industry due to their superior characteristics compared to traditional silicon semiconductors [2][5]. Market Policy - The semiconductor industry is a strategic emerging industry in China, with various policies issued to support its development, creating a favorable environment for the growth of the GaN power semiconductor sector [8][9]. Industry Chain - The upstream of the GaN power semiconductor industry includes materials and equipment such as silicon substrates, photoresists, and production equipment, while the downstream applications cover consumer electronics, new energy vehicles, renewable energy, and data centers [10]. Development Status - The demand for GaN power semiconductors is expected to reach 695 million units in 2024, with a market size of 1.216 billion yuan and an average product price of approximately 1.75 yuan per unit. The optimization of wafer size and manufacturing processes is anticipated to enhance GaN devices' competitiveness against traditional silicon semiconductors [14][1]. Competitive Landscape - The GaN power semiconductor market in China is highly concentrated, with international companies like Power Integrations, Navitas Semiconductor, and Efficient Power Conversion Corporation holding significant market shares. Domestic companies such as Suzhou Nengxun High Energy Semiconductor and Innoscience Technology are gradually increasing their market presence through technological advancements and cost advantages [16][18]. Development Trends - Future growth for GaN power semiconductors is expected in consumer electronics, new energy vehicles, and artificial intelligence. The technology is anticipated to improve energy efficiency in electric vehicles and support advanced applications in AI, with ongoing investments in R&D to overcome technical challenges [22].

8月7日恒生指数上涨0.69%，南向资金全天合计成交金额为1407.38亿港元，其中，买入成交707.00亿港 元，卖出成交700.38亿港元，合计净买入金额6.61亿港元。具体来看，港股通（深）累计成交金额 526.81亿港元，买入成交283.53亿港元，卖出成交243.29亿港元，合计净买入金额40.24亿港元；港股通 （沪）累计成交金额880.57亿港元，买入成交423.47亿港元，卖出成交457.10亿港元，合计净卖出金额 33.63亿港元。 | 代码 | 简称 | 成交金额（万港元） | 成交净买入（万港元） | 今日涨跌幅（%） | | --- | --- | --- | --- | --- | | 01810 | 小米集团-W | 1047772.68 | 172172.52 | -3.98 | | 00981 | 中芯国际 | 426693.35 | 49971.98 | 0.76 | | 09988 | 阿里巴巴-W | 443298.37 | 49292.76 | 2.14 | | 00700 | 腾讯控股 | 377791.38 | 42667.88 | -0.26 | | 01347 ...

Group 1 - Xiaomi Group-W (01810) leads the southbound trading volume on both Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, with transaction amounts of 62.12 billion and 42.66 billion respectively [1][1][1] - The top three companies by trading volume on Shanghai-Hong Kong Stock Connect are Xiaomi Group-W (01810), Yingfu Fund (02800), and Alibaba-W (09988) [1][1] - On Shenzhen-Hong Kong Stock Connect, the top three companies are Xiaomi Group-W (01810), SMIC (00981), and Alibaba-W (09988) [1][1] Group 2 - The net buying amount for Xiaomi Group-W (01810) on Shanghai-Hong Kong Stock Connect is +17.67 billion, while on Shenzhen-Hong Kong Stock Connect it is -45.59 million [1][1] - Alibaba-W (09988) has a net buying amount of +3.25 billion on Shanghai-Hong Kong Stock Connect and +1.68 billion on Shenzhen-Hong Kong Stock Connect [1][1] - SMIC (00981) shows a significant net buying amount of +5.26 billion on Shenzhen-Hong Kong Stock Connect, while it has a net buying amount of -25.94 million on Shanghai-Hong Kong Stock Connect [1][1]

Group 1 - InnoLux (02577) shares rose nearly 8%, trading at 67.4 HKD with a transaction volume of 717 million HKD as of the report [1] - On August 1, InnoLux officially responded to rumors regarding its collaboration with NVIDIA, announcing a partnership to promote the large-scale implementation of the 800VDC power architecture in AI data centers [1] - The 800VDC power system, designed by NVIDIA for efficient power supply in megawatt-level computing infrastructure, offers significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V systems, enabling a 100-1000 times increase in AI computing power [1] Group 2 - Jefferies released a report highlighting the significance of InnoLux joining NVIDIA's 800VDC power supplier list, particularly for Gallium Nitride (GaN) technology [2] - GaN is identified as a promising power semiconductor in consumer electronics, electric vehicles, and renewable energy sectors, with InnoLux being the largest GaN IDM company globally [2] - As a Chinese company, InnoLux has a substantial advantage in the GaN market, given that China is the largest potential market for GaN, with local OEMs producing about 55% of the world's smartphones, facilitating rapid adoption of GaN-based fast charging technology [2] - InnoLux plans to increase its production capacity sixfold by 2028, which is expected to significantly reduce costs and drive industry adoption [2]

Group 1 - InnoLux (02577) has seen a significant stock increase, rising nearly 8% and currently trading at 67.4 HKD with a transaction volume of 717 million HKD [1] - The company has officially announced a partnership with NVIDIA to promote the large-scale implementation of the 800VDC power architecture in AI data centers, which is designed for high-efficiency power supply in megawatt-level computing infrastructure [1] - The new power system offers significant advantages over traditional 54V systems in terms of efficiency, thermal loss, and reliability, enabling a 100 to 1000 times increase in AI computing power [1] Group 2 - Jefferies has released a report highlighting the importance of InnoLux joining NVIDIA's 800V DC power supplier list, particularly for Gallium Nitride (GaN) technology [2] - GaN is identified as a promising power semiconductor in consumer electronics, electric vehicles, and renewable energy sectors, with InnoLux being the largest GaN IDM company globally [2] - As a Chinese company, InnoLux is positioned advantageously in the largest potential GaN market, with Chinese OEMs producing about 55% of the world's smartphones, which will accelerate the adoption of GaN-based fast charging technology [2] - InnoLux plans to increase its production capacity sixfold by 2028, which is expected to significantly reduce costs and drive industry adoption [2]