上海天數智芯半導體股份有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事 （「董事」）會（「董事會」）謹此宣佈，寇瀟瀟女士（「寇女士」）因個人工作安排而辭任非 執行董事，自2026年2月13日生效。根據中華人民共和國公司法相關條文及本公司 的公司章程，寇女士辭任並無導致董事數目降至低於法定最低人數。 寇女士已確認其與董事會並無意見分歧，亦無其他有關彼辭任的事宜需敦請香港聯 合交易所有限公司及本公司股東垂注。 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 分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Shanghai Iluvatar CoreX Semiconductor Co., Ltd. 上海天數智芯半導體股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9903） 非執行董事辭任及 高級管理層變動 非執行董事辭任 董事會謹此感謝寇女士在任期間對本公司作出的寶貴貢獻。 – 1 – 高級管理層變動 董事會進一步宣佈，楊磊先生（「楊先生」）因工作調動而不再擔任本公司的首 ...

消息面上，近日，北京智源研究院发布新一代具身智能大脑基础模型——RoboBrain2.5。国产GPU近年 来在技术上持续突破，逐步具备了参与顶尖大模型训练的能力，而此次RoboBrain2.5的训练，也成为国 产GPU实力的一次重要检验。国产GPU在此次训练中展现的稳定性，也为后续同类模型训练提供了参 考。 天数智芯(09903)再涨超9%，盘中高见266港元续创上市新高。截至发稿，涨9.22%，报256港元，成交 额5.3亿港元。 值得一提的是，近日，英特尔公司首席执行官表示，公司正加速布局图形处理器，也就是GPU领域，并 已任命一位新的首席架构师。据悉，这一人事变动也被业内视为英特尔加码GPU赛道、争夺AI硬件市 场份额的重要举措。华创证券表示，目前AI投入产出已实现闭环，有望进一步致使海外大厂加码AI相 关投资。GPU是国内人工智能发展的基础，国产算力芯片自主可控迫在眉睫。当前，国内多家GPU厂商 陆续推出AI智算芯片产品，并逐步追赶国际领先标准。 ...

Core Viewpoint - TianShu ZhiXin (09903) has seen its stock price rise over 9%, reaching a new high of 266 HKD, reflecting strong market interest and performance [1] Group 1: Company Performance - TianShu ZhiXin's stock increased by 9.22% to 256 HKD, with a trading volume of 530 million HKD [1] Group 2: Industry Developments - Beijing Zhiyuan Research Institute has released a new generation of embodied intelligent brain foundational model, RoboBrain 2.5, showcasing advancements in domestic GPU technology [1] - Domestic GPUs have demonstrated stability during the training of RoboBrain 2.5, marking a significant test of their capabilities for training top-tier models [1] - Intel's CEO announced an accelerated focus on the GPU sector, including the appointment of a new chief architect, indicating a strategic move to capture AI hardware market share [1] - Huachuang Securities noted that AI investment has achieved a closed loop, potentially leading to increased investments from overseas companies in AI-related sectors [1] - The development of domestic AI computing chips is urgent, as multiple domestic GPU manufacturers are launching AI intelligent computing chip products to catch up with international standards [1]

港股半导体板块表现活跃，天数智芯涨超10%，兆易创新、天域半导体、中芯国际、澜起科技上扬。 本文源自：金融界AI电报 ...

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index halting a three-day rally, closing at 27,032.54, down 0.86% [1][2] - The Hang Seng Tech Index fell by 1.65%, while the Hang Seng China Enterprises Index dropped by 1% [1][2] Sector Performance Technology Sector - Major tech stocks saw significant declines, with Meituan and NetEase both dropping over 4%, and Baidu and Tencent falling more than 2% [2][4] - Other tech companies like Kuaishou, Xiaomi, JD.com, and Alibaba also reported losses [2][4] Financial Sector - Financial stocks, including banks, Chinese brokerage firms, and insurance companies, mostly declined, adding pressure to the market [2] Consumer Sector - The restaurant sector faced downturns, with Jiumaojiu falling over 5% and Haidilao dropping more than 3% [6] - The overall consumer demand in the restaurant industry is stabilizing, with expectations for improvement in 2026 [6] Entertainment Sector - The film and entertainment sector was weak, with Emperor Culture Industries dropping nearly 6% [7] Energy Sector - The power equipment sector showed strength, with Harbin Electric rising over 13% [9] - The oil sector was active, with China Petroleum and Sinopec both gaining over 2% [14] Heavy Machinery Sector - Heavy machinery stocks continued to rise, with China National Heavy Duty Truck Group and Sany International both increasing over 5% [12] Semiconductor Sector - Semiconductor stocks saw gains, with Tensun Zhixin and Zhaoyi Innovation both rising over 20% [10] Notable Stocks - Dipo Technology surged by 8.34%, reaching a market value of 29.707 billion HKD [16] - The stock has increased 2.46 times since its IPO price of 26.66 HKD [21]

Core Viewpoint - The Hong Kong stock market saw significant gains in chip stocks, with notable increases in share prices for several companies on February 12, indicating a positive trend in the semiconductor sector [1]. Group 1: Stock Performance - Tianshu Zhixin (09903) experienced a rise of 19.07%, reaching a latest price of 229.800 with a total market capitalization of 584.42 billion [2]. - Zhaoyi Innovation (03986) increased by 18.45%, with a latest price of 350.600 and a market cap of 2458.07 billion, marking a year-to-date increase of 116.42% [2]. - Biran Technology (06082) saw an 8.39% rise, with a latest price of 36.420 and a market cap of 888.23 billion, reflecting an 85.82% increase year-to-date [2]. - Lanke Technology (06809) rose by 7.18%, with a latest price of 185.100 and a market cap of 2244 billion, showing a year-to-date increase of 73.17% [2]. - Tianyu Semiconductor (02658) increased by 6.19%, with a latest price of 52.500 and a market cap of 206.47 billion, reflecting a year-to-date increase of 9.38% [2].

Group 1 - TianShu ZhiXin (09903) saw a surge of over 20%, reaching a new high of 246 HKD since its listing, with a current price of 233.4 HKD and a trading volume of 728 million HKD [1] - On February 12, the new flagship AI model GLM-5 was officially released by ZhiPu AI, with TianShu ZhiXin achieving full-chain deep adaptation with GLM-5, enabling immediate compatibility and usability [1] - Major tech companies are also upgrading their models, with Alibaba's new flagship AI model Qwen 3.5 set to be released during the Spring Festival, and DeepSeek planning to launch its new generation model after a year [1] Group 2 - Huachuang Securities noted that the main AI computing acceleration chips have four technical architectures, with GPUs being more advantageous in general computing performance and development friendliness compared to ASICs and FPGAs, and more mature than NPUs [1] - Guolian Minsheng (601456) believes that the booming development of large models both domestically and internationally will bring more "certainty premium" to AI hardware companies [1] - The hardware sector is advised to focus on domestic GPU leader TianShu ZhiXin among others [1]

Core Viewpoint - TianShu ZhiXin (09903) experienced a significant stock price increase of over 20%, reaching a new high of 246 HKD, driven by the release of the GLM-5 model by ZhiPu AI, which has achieved deep compatibility with TianShu's self-developed computing power technology [1][1][1] Group 1: Company Developments - The release of ZhiPu AI's next-generation flagship model GLM-5 marks a breakthrough in compatibility and usability with TianShu ZhiXin's technology [1][1] - TianShu ZhiXin's stock price rose by 20.93% to 233.4 HKD, with a trading volume of 728 million HKD [1][1][1] Group 2: Industry Trends - Major technology companies are intensively upgrading their AI models, with Alibaba's Qwen 3.5 and DeepSeek's new model set to launch soon [1][1] - Current mainstream AI computing acceleration chips include four main architectures, with GPUs being favored for their general computing performance and development friendliness compared to ASICs, FPGAs, and NPUs [1][1] - The growth of large models in both domestic and international markets is expected to provide more "certainty premiums" for AI hardware companies [1][1]

港股芯片股延续涨势，天数智芯午后涨幅扩大至25%，壁仞科技涨近10%，兆易创新涨超8%，天域半导 体、上海复旦涨超5%。 来源：滚动播报 ...

港股芯片股延续涨势，天数智芯午后涨幅扩大至25%，壁仞科技涨近10%， 兆易创新涨超8%，天域 半 导体、上海复旦涨超5%。 ...