Investment Rating - The report maintains a "Positive" investment rating for the electronic industry, indicating an expectation of returns stronger than the market benchmark by over 5% [5]. Core Insights - Strong demand for computing power driven by AI applications is expected to continue, with significant investments from major cloud providers [8]. - The hardware supply-demand imbalance is spreading across various sectors, leading to price increases [8]. - New technologies such as CPO (Co-Packaged Optics) are anticipated to create additional demand [8]. Summary by Sections Investment Recommendations and Targets - Key investment targets include: - Semiconductor manufacturing: SMIC (688981, Buy), Hua Hong Semiconductor (01347, Buy) - Testing and packaging: Changdian Technology (600584, Buy), Tongfu Microelectronics (002156, Buy), and others [9]. - Server storage: Lianqi Technology (688008, Buy) - CPUs: Haiguang Information (688041, Buy), Longxin Technology (688047, Not Rated), and others [9]. - Passive components: Sanhua Group (300408, Buy), Fenghua Advanced Technology (000636, Not Rated) [9]. - Server manufacturing: Industrial Fulian (601138, Buy), Huaqin Technology (603296, Buy) [9]. - Analog and power chips: Naxin Micro (688052, Buy), Sierui Technology (688536, Not Rated), and others [9]. - Semiconductor equipment: Zhongwei Company (688012, Buy), Northern Huachuang (002371, Buy), and others [9]. - Optical devices/chips: Zhishang Technology (301486, Not Rated), Tianfu Communication (300394, Not Rated), and others [9]. AI Applications and Edge Computing - Key targets in edge AI applications include: - AI main control chips: Amlogic (688099, Buy), Hengxuan Technology (688608, Buy) - Edge storage: Zhaoyi Innovation (603986, Buy), Bawei Storage (688525, Buy) [10]. - Terminal manufacturers: Hikvision (002415, Buy), Luxshare Precision (002475, Buy), BYD Electronics (00285, Not Rated), and others [10]. - Core components for AI edge: Huanxu Electronics (601231, Buy), Sunny Optical Technology (02382, Buy), and others [10].

（文章来源：每日经济新闻） 每经AI快讯，2月4日，科创50日内跌幅达2.01%。成分股中，澜起科技跌8.92%，龙芯中科跌4.80%，中 控技术跌4.78%，佰维存储跌3.79%。 ...

每经AI快讯，2月4日，GPU指数下跌2%，成分股多数走低。寒武纪-U、通富微电跌超3%，龙芯中科、 北京君正、华天科技跌超2%。 （文章来源：每日经济新闻） ...

Summary of Key Points Core Viewpoint - The A-share market experienced significant block trading activity on February 3, with a total transaction value of 2.236 billion yuan, highlighting notable trading in specific stocks such as Shanghai Airport, Zijin Mining, and Longjing Environmental Protection [1]. Group 1: Block Trading Activity - A total of 80 stocks underwent block trading, with Shanghai Airport leading at 349 million yuan, followed by Zijin Mining at 274 million yuan and Longjing Environmental Protection at 161 million yuan [1]. - Among the stocks traded, 7 were sold at par value, 2 at a premium, and 71 at a discount, indicating a predominance of discounted trades [1]. Group 2: Premium and Discount Rates - The stocks with the highest premium rates were DeMa Technology at 5.67% and Shen High-Speed at 2.01% [1]. - The stocks with the highest discount rates included Kai Fa Technology at 29.94%, New Wave Shares at 23.56%, and Ai Meike at 23.43% [1]. Group 3: Institutional Buying and Selling - The top institutional buying positions included Shanghai Airport at 349 million yuan, Longxin Zhongke at 116 million yuan, and Xinyuan Shares at 60.575 million yuan [2]. - The leading institutional selling positions were Nanxin Technology at 8.4 million yuan and Guobo Electronics at 4.1784 million yuan [2].

今日A股共41只个股发生大宗交易，总成交8.97亿元，其中紫金矿业、龙芯中科、万事利成交额居前， 成交额依次为2.64亿元、5537万元、4782.96万元。 成交价方面，共9只股票平价成交，1只股票溢价成交，31只股票折价成交；ST明诚溢价成交，溢价率 为0.58%；天宏锂电、天银机电、毕得医药折价率居前，折价率依次为28.75%、26.57%、17.64%。 机构专用席位卖出额排名：亿纬锂能(1532.35万元)、沃尔核材(443.69万元)。 机构专用席位买入额排名：龙芯中科(5537万元)、众泰汽车(1999.98万元)、万凯新材(1999.84万元)、拉 普拉斯(1761.39万元)、亿纬锂能(1532.35万元)、晨丰科技(1029.97万元)、易事特(774.4万元)、三江购物 (671.85万元)、沃尔核材(443.69万元)、天银机电(398.7万元)、博菲电气(215.16万元)、华凯易佰(202.46 万元)。 ...

| 交易日期 | 证券简称 | 证券代码 | | 成交价(元) 成交金额(万元) | 成交量(*) 买入营业部 | | 类出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2026-01-30 | 龙芯中科 | 688047 | 165.62 | 5796.7 | 35 | 机构专用 | 1 20 3 11 | KA | | 2026-01-30 | 龙芯中科 | 688047 | 153.91 | 6157.94 | 40.01 | 机构专用 | | 종 | | 2026-01-30 | 龙芯中科 | 688047 | 153.91 | 2770.38 | 18 | 机构专用 | 2018 2011 | 잡 | | 2026-01-30 | 龙芯中科 | 688047 | 153.91 | 692.6 | 4.5 | 有一次信息公司的 | 公司主要要的目标 | KA | | 2026-01-30 | 龙芯中科 | 688047 | 153.91 | 461.73 | 3 | | | 잘 | | 2026-01-3 ...

Core Insights - The article highlights the achievements of ten distinguished entrepreneurs who have significantly contributed to China's economic landscape, showcasing their courage, vision, and resilience in various industries [2][33]. Group 1: Industrial Leadership - Chen Jinghe, founder of Zijin Mining, transformed the company from a small local enterprise into a global mining giant by overcoming technical challenges and establishing an international strategy [5][37]. - Ma Changhai, chairman of Weichai Power, led the company through a comprehensive reform process, focusing on mastering core technologies and achieving breakthroughs in heavy-duty engines and hydraulic systems [7][40]. - Both Chen and Ma's stories symbolize China's industrial evolution from scale chasing to technological and value chain leadership [8][40]. Group 2: Manufacturing Excellence - Cold Friend, chairman of Feihe Dairy, adopted a long-term strategy to ensure the safety and quality of infant formula, establishing a complete supply chain from pasture to product [9][43]. - Wu Xiangdong, chairman of Guizhou Zhenjiu, transitioned from brand management to controlling core production capacities through strategic acquisitions, enhancing the cultural value of Chinese liquor [11][45]. - Ma Yin, founder of Anaya, created a unique cultural and tourism destination that emphasizes the integration of business and humanity, setting a new value benchmark in the real estate sector [14][47]. Group 3: Technological Innovation - Peng Jun, chairman of Pony.ai, is pioneering the field of autonomous driving, addressing complex challenges in algorithms and hardware to redefine future transportation [19][53]. - Zhao Deli, founder of XPeng, is working on flying cars, tackling significant technical and regulatory challenges to establish a new industry in low-altitude economy [22][56]. - Liu Debing, chairman of Zhipu AI, is focused on developing AI infrastructure with independent intellectual property rights, marking a significant step in China's AI industry [23][60]. - Han Bicheng, founder of Strong Brain Technology, is innovating in brain-computer interfaces, contributing to advancements in life sciences and assistive technologies [25][58]. Group 4: Social Responsibility and Vision - Lu Mai, former vice chairman of the China Development Research Foundation, emphasizes the importance of early childhood development in rural areas, advocating for immediate action to support children's growth [16][50]. - The article underscores the entrepreneurial spirit as a driving force behind China's transition from manufacturing to value creation, highlighting the importance of social responsibility and cultural heritage in business [18][52].

专题：为中国经济点赞——企业家之夜2025盛典 "为中国经济点赞——企业家之夜"于1月29日在北京举行。"中国芯基建"企业代表出席并接受致敬。中 国经济传媒协会会长赵健、第一财经总编辑杨宇东见证荣誉。 出席企业家之夜的大模型公司代表来自：寒武纪、昆仑芯、龙芯中科、摩尔线程、清微智能、曦望 Sunrise、芯驰半导体。 致敬词： 这是一支推动科技发展的攻坚力量。他们以方寸芯片筑就算力基石，以坚韧不拔之志，铸就我国数字智 能产业高质量发展道路，成为AI产业化、智能化的核心引擎。他们以"敢"的精神，将汗水挥洒在科研一 线，靠"毅"的支撑，度过未知低潮，凭"闯"的干劲，突破一道道关卡边界。千帆过尽，他们终将抵达梦 的彼岸。 赵健强调，AI芯片是现代科技与数字经济的核心基石。我国芯片半导体行业2025年构建了自主可控的 算力底座，支撑了人工智能、高性能计算、汽车电子等新兴领域的快速发展，成为驱动经济转型升级与 高质量发展的关键引擎。今天，7家企业作为AI芯片基座企业群体的杰出代表，自豪地站在了这个舞台 上。 赵健介绍，AI芯片基座企业以年轻化团队、专业化技术、国产替代使命、持续创新投入为核心竞争 力，通过架构创新、生态 ...

专题：为中国经济点赞——企业家之夜2025盛典 "为中国经济点赞——企业家之夜"于1月29日在北京举行。"中国芯基建"企业代表出席并接受致敬。中 国经济传媒协会会长赵健、第一财经总编辑杨宇东见证荣誉。 出席企业家之夜的大模型公司代表来自：寒武纪、昆仑芯、龙芯中科、摩尔线程、清微智能、曦望 Sunrise、芯驰半导体。 致敬词： 这是一支推动科技发展的攻坚力量。他们以方寸芯片筑就算力基石，以坚韧不拔之志，铸就我国数字智 能产业高质量发展道路，成为AI产业化、智能化的核心引擎。他们以"敢"的精神，将汗水挥洒在科研一 线，靠"毅"的支撑，度过未知低潮，凭"闯"的干劲，突破一道道关卡边界。千帆过尽，他们终将抵达梦 的彼岸。 赵健表示，少年强则国强，作为一个老记者，他很高兴与来自中国AI芯片基座企业的年轻代表们一 起，分享芯片半导体行业在中国经济发展中的特殊贡献与企业荣誉。 赵健强调，AI芯片是现代科技与数字经济的核心基石。我国芯片半导体行业2025年构建了自主可控的 算力底座，支撑了人工智能、高性能计算、汽车电子等新兴领域的快速发展，成为驱动经济转型升级与 高质量发展的关键引擎。今天，7家企业作为AI芯片基座企业群体 ...

专题：为中国经济点赞——企业家之夜2025盛典 "为中国经济点赞——企业家之夜"于1月29日在北京举行。"中国芯基建"企业代表出席并接受致敬。中 国经济传媒协会会长赵健、第一财经总编辑杨宇东见证荣誉。 出席企业家之夜的大模型公司代表来自：寒武纪、昆仑芯、龙芯中科、摩尔线程、清微智能、曦望 Sunrise、芯驰半导体。 致敬词： 这是一支推动科技发展的攻坚力量。他们以方寸芯片筑就算力基石，以坚韧不拔之志，铸就我国数字智 能产业高质量发展道路，成为AI产业化、智能化的核心引擎。他们以"敢"的精神，将汗水挥洒在科研一 线，靠"毅"的支撑，度过未知低潮，凭"闯"的干劲，突破一道道关卡边界。千帆过尽，他们终将抵达梦 的彼岸。 赵健表示，少年强则国强，作为一个老记者，他很高兴与来自中国AI芯片基座企业的年轻代表们一 起，分享芯片半导体行业在中国经济发展中的特殊贡献与企业荣誉。 赵健强调，AI芯片是现代科技与数字经济的核心基石。我国芯片半导体行业2025年构建了自主可控的 算力底座，支撑了人工智能、高性能计算、汽车电子等新兴领域的快速发展，成为驱动经济转型升级与 高质量发展的关键引擎。今天，7家企业作为AI芯片基座企业群体 ...