#龙芯中科芯片预计明年上批量# 【龙芯中科：3C6000和2K3000芯片预计明年能上批量】9月12日，龙 芯中科发布投资者关系活动记录表，公司在6月26日发布的2K3000已经集成了龙芯GPU IP核心LG200， 具有一定的推理能力，已经有不少客户在导入；即将交付流片的9A1000是首款GPGPU芯片，低成本， 图形方面对标RX550，具有几十T的算力；后续还有9A2000和9A3000的规划。上半年发布的3C6000和 2K3000芯片今年会有不少典型应用场景的应用验证，预计明年能上批量。（每日经济新闻，泽塔） ...

"什么是CPU""计算机的运算过程""我国第一款通用CPU"……在第一堂课上，龙芯实验室主任汪文祥给 同学们讲述起了CPU发展的"前世今生"。接下来，在为期一学期的课程中，多名龙芯中科的工程师将在 课堂上引导学生从零开始，通过硬件描述语言代码，一步步设计一个精简的单周期LoongArch架构 CPU。从点亮一颗LED灯的基础逻辑，到最终让CPU成功运行一段自定义程序，学生们将在理论与实践 的结合中亲身经历CPU设计的全过程，深刻理解计算机底层硬件的运作奥秘，激发对硬件设计与国产芯 片技术的浓厚兴趣。 北京十一实验中学副校长、课程研究院院长汪花介绍，当前科技革命与产业变革日新月异，芯片作为信 息技术产业的核心，是支撑经济社会发展和保障国家安全的战略性和先导性产业。但在中小学教育阶 段，学生接触芯片底层技术的机会极少，多数时候只能被动使用电子产品，对其核心原理知之甚少。这 种"技术认知断层"，不仅不利于学生理解科技本质，会在一定程度上限制他们对科技领域的探索热情。 高一作为学生世界观、价值观和学科兴趣逐步成型的关键时期，此时引入CPU设计课程，能让学生跳 出"使用科技"的浅层认知，进入"理解科技、创造科技"的深层 ...

中信证券股份有限公司 关于龙芯中科技术股份有限公司 2025 年半年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为龙芯中 科技术股份有限公司（以下简称"龙芯中科"或"公司"或"上市公司"）首次 公开发行股票并在科创板上市的保荐人，根据《证券发行上市保荐业务管理办法》 《上海证券交易所科创板股票上市规则》等相关规定，中信证券履行持续督导职 责，并出具本持续督导半年度跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 （2）查阅公司财务管理、会计核算和内部审计等内部控制制度； （3）查阅公司与控股股东、实际控制人及其关联方的资金往来明细及相关 内部审议文件、信息披露文件； （4）查阅公司募集资金管理相关制度、募集资金使用信息披露文件和决策 程序文件、募集资金专户银行对账单、募集资金使用明细账； （5）对公司高级管理人员进行访谈； 1 （6）对公司及其控股股东、实际控制人、董事、监事、高级管理人员进行 公开信息查询； 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的 权利义务，并报上海证券交易所备 ...

9月9日，龙芯中科举行2025年半年度业绩说明会，公司董事长、总经理胡伟武在业绩会上向投资者介 绍，开放市场就是充分竞争市场，即国家没有自主化要求的市场。"如我在多次业绩说明会中提到的存 储服务器，一般计算中心的服务器中有30%左右是存储服务器，存储服务器软件比较单一，没有生态壁 垒，龙芯3C6000具有性价比优势，非国有的互联网大厂也可以使用，目前进展不错。还有工控市场和 云终端应用也比较单一，2K0300和2K3000都具有性价比优势。"他解释说。 胡伟武指出，开放市场主要是通过产业链辐射，而不是最终用户选择。如在此前业绩说明会中多次提到 不少嵌入式的头部企业开始基于2K0300和2K3000研制嵌入式模块；还有就是海外市场。龙芯是自主 CPU中唯一可以开展对外技术授权的企业。可以采用X86和ARM对中国企业授权形成"中国自主CPU"的 方式对国外授权，形成"X国自主CPU"。 "希望到2027年的时候，龙芯的营收一半左右来自开放市场。"他表示。 在本次业绩会上，如何看待算力芯片机遇，以及公司在AI市场发展规划等是投资者关注焦点。 对此胡伟武阐述，龙芯目标是打造自主信息技术体系，按照先做好CPU再做好GP ...

作者丨骆轶琪 编辑丨倪雨晴 2025年上半年，国产AI芯片持续获得热捧，多家厂商业绩持续高增。在旺盛的AI推理需求支撑下，国 内头部AI芯片厂商左手积累产成品，右手储备关键材料，以应对未来市场发展。 21世纪经济报道记者梳理公司财报发现，总收入规模与海光信息还有一定差距的寒武纪，在上半年却与 前者的净利润规模已经十分接近；海光信息在上半年相比同业，有较大比例花费用在了销售上；龙芯中 科虽然盈利能力依然面临压力，但在市场周期回暖进程中，旗下核心产品毛利率表现已经逐渐回归，近 期其携"三剑客"进入市场，接下来有望看到进一步商用的好消息。 当然，国内AI芯片厂商的份额仍有较大提升空间。从沐曦股份披露的回复问询公告可见，政策支持对 国内市场采用国产AI芯片有一定驱动，但更大程度还是来自于内生竞争力提升和国内开源生态的密切 联动。 订单与存货"齐飞" 从收入规模看，分别有CPU和DCU（GPGPU的一种）业务的海光信息一直都在稳健增长态势中。上半 年海光信息实现营业收入54.64亿元，同比增长45.21%；归母净利润12.01亿元，同比增长40.78%。 同时，在旺盛的AI推理需求支撑下，正式摆脱"多年亏损"帽子的寒武 ...

Core Viewpoint - The domestic AI chip industry is experiencing significant growth driven by strong demand for AI inference, with leading companies accumulating finished products and reserving key materials to prepare for future market developments [1][4]. Group 1: Company Performance - Haiguang Information achieved a revenue of 5.464 billion yuan in the first half of the year, a year-on-year increase of 45.21%, and a net profit of 1.201 billion yuan, up 40.78% [4]. - Cambricon Technologies reported a staggering revenue growth of 4347.82%, reaching 2.881 billion yuan, and a net profit of 1.038 billion yuan, compared to a loss of 530 million yuan in the previous year [4]. - Longxin Zhongke's revenue was 244 million yuan, a 10.9% increase, but it still faced a net loss of 294 million yuan, which is a 23.53% decline compared to the previous year [4]. Group 2: Inventory and Contracts - Cambricon's inventory increased by 51.64% to 2.69 billion yuan, accounting for 31.95% of total assets, while contract liabilities surged by 61223.22% to 543 million yuan, representing 6.45% of total assets [5][6]. - Haiguang Information's contract liabilities rose by 242.1% to 3.091 billion yuan, making up 9.57% of total assets, with inventory reaching 6.013 billion yuan, a 10.84% increase [6]. Group 3: Market Position and Competition - Domestic AI chip manufacturers are still in a position to increase their market share significantly, with various companies adopting different technological routes to compete [1][9]. - In the Chinese AI acceleration chip market for 2024, Nvidia holds a 66% market share, while domestic players like Huawei HiSilicon and Muxi account for approximately 23% and 1%, respectively [9]. - ASIC customized chips are gaining traction due to their tailored design for specific AI inference scenarios, attracting interest from major cloud computing companies [9]. Group 4: Ecosystem Development - The development of a collaborative and open industry chain environment is crucial for the sustained growth of the domestic AI chip ecosystem [13][16]. - Companies like Haiguang Information are focusing on deep collaboration across the industry chain to enhance the integration of hardware, software, and ecosystem [15]. - The rapid advancement of domestic AI chips is attributed to years of sustained R&D investment and a collective effort within the industry to foster an open ecosystem [16].

Core Viewpoint - The domestic AI chip industry is experiencing significant growth driven by strong demand for AI inference, with leading companies accumulating inventory and securing key materials to prepare for future market developments [2][3]. Financial Performance - Haiguang Information achieved a revenue of 5.464 billion yuan in the first half of the year, a year-on-year increase of 45.21%, with a net profit of 1.201 billion yuan, up 40.78% [3]. - Cambrian's revenue surged to 2.881 billion yuan, marking a staggering year-on-year growth of 4347.82%, with a net profit of 1.038 billion yuan, compared to a loss of 530 million yuan in the previous year [3]. - Longxin Zhongke reported a revenue of 244 million yuan, a 10.9% increase year-on-year, but still faced a net loss of 294 million yuan, which is a 23.53% decline compared to the previous year [3]. Inventory and Contract Liabilities - Cambrian's inventory reached 2.69 billion yuan, accounting for 31.95% of total assets, with a 51.64% increase from the previous year [5]. - Cambrian's contract liabilities grew to 543 million yuan, representing 6.45% of total assets, a dramatic increase of 61223.22% year-on-year [5]. - Haiguang Information's contract liabilities rose by 242.1% to 3.091 billion yuan, making up 9.57% of total assets, driven by customer prepayments [5]. Market Dynamics - Domestic AI chip manufacturers are actively increasing inventory as part of strategic development considerations, with a focus on key raw materials like HBM and wafers [6][7]. - The domestic AI chip market is characterized by diverse technology routes, with companies like Haiguang Information and Cambrian competing in the GPU space, while others like Huawei HiSilicon and Cambrian focus on ASIC custom chips [7][8]. Commercialization Progress - Domestic AI chip companies have made notable strides in commercialization, with Huawei HiSilicon holding approximately 23% market share in the AI acceleration chip market in China [8]. - Cambrian's products are being deployed in key industries such as telecommunications, finance, and the internet, while Haiguang's CPU and DCU series are widely applicable in big data processing and AI [8][9]. Ecosystem Development - The development of a collaborative and open ecosystem is crucial for the sustained growth of the domestic AI chip industry, with companies like Haiguang Information emphasizing the need for deep collaboration across the supply chain [11][12]. - Increased marketing expenditures by Haiguang Information, which rose by 185.83% to 203.4 million yuan, reflect efforts to expand market presence and enhance ecosystem development [12].

9月4日，龙芯中科跌5.08%，截至发稿，报127.00元/股，成交5.88亿元，换手率1.12%，总市值509.27亿 元。 国联安科创芯片设计ETF（588780）成立日期2024年12月11日，最新规模2.44亿。今年以来收益 53.36%，同类排名223/4222；成立以来收益45.77%。 国联安科创芯片设计ETF（588780）基金经理为黄欣、章椹元。 截至发稿，黄欣累计任职时间15年146天，现任基金资产总规模420.53亿元，任职期间最佳基金回报 166.78%， 任职期间最差基金回报-35.8%。 章椹元累计任职时间11年277天，现任基金资产总规模408.24亿元，任职期间最佳基金回报272.86%， 任职期间最差基金回报-35.8%。 资料显示，龙芯中科技术股份有限公司位于北京市海淀区中关村环保科技示范园区龙芯产业园2号楼， 成立日期2008年3月5日，上市日期2022年6月24日，公司主营业务涉及处理器及配套芯片的研制、销售 及服务。主营业务收入构成为：信息化类芯片47.09%，工控类芯片35.82%，解决方案17.09%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布， ...

Company Overview - Longxin Zhongke Technology Co., Ltd. is located in Haidian District, Beijing, and was established on March 5, 2008. The company went public on June 24, 2022. Its main business involves the research, sales, and services of processors and supporting chips [1]. Financial Performance - As of September 4, Longxin Zhongke's stock price decreased by 5.08%, reaching 127.00 CNY per share, with a trading volume of 588 million CNY and a turnover rate of 1.12%. The total market capitalization is 50.93 billion CNY [1]. - The company's main business revenue composition is as follows: information technology chips account for 47.09%, industrial control chips 35.82%, and solutions 17.09% [1]. Shareholder Information - Among the top ten circulating shareholders of Longxin Zhongke, a fund under Huaxia Fund holds a significant position. The Huaxia SSE Sci-Tech Innovation Board 50 ETF (588000) reduced its holdings by 109,900 shares in the second quarter, now holding 8.9291 million shares, which represents 2.23% of the circulating shares. The estimated floating loss today is approximately 60.72 million CNY [2]. - The Huaxia SSE Sci-Tech Innovation Board 50 ETF (588000) was established on September 28, 2020, with a current scale of 83.343 billion CNY. Year-to-date, it has achieved a return of 31.7%, ranking 1024 out of 4222 in its category. Over the past year, it has returned 94.08%, ranking 332 out of 3789, while it has incurred a loss of 4.61% since inception [2]. Fund Management - The fund manager of Huaxia SSE Sci-Tech Innovation Board 50 ETF (588000) is Rong Ying, who has been in the position for 9 years and 306 days, managing a total fund size of 138.288 billion CNY. During his tenure, the best fund return was 129.49%, while the worst was -7.58% [3]. - Another fund manager, Zhao Zongting, has served for 8 years and 143 days, overseeing a fund size of 389.148 billion CNY. His best fund return was 107.43%, with the worst being -32.63% during his tenure [3].

Market Sentiment - The current market sentiment score is 73, indicating a "relatively hot" market condition, which suggests a gradual upward trend supported by recent improvements in market sentiment and policy support [6][9][20]. Hot Themes Tracking - **Robotics Theme**: Nvidia is set to launch a new "brain" for robots, generating interest in related stocks such as Wolong Electric Drive (600580) and Changsheng Bearing (300718) [6]. - **GPU Theme**: The Ministry of Industry and Information Technology emphasizes the need to enhance computing power resources and promote the development of GPU chips, with related stocks including Loongson Technology (688047) and Jingjia Micro (300474) [6]. - **Rare Earth Theme**: The rare earth sector is gaining traction, with a recent seminar focusing on the integration of rare earth materials with low-altitude economy and robotics, involving companies like Northern Rare Earth (600111) and Guangsheng Nonferrous Metals (600259) [6]. Capital Flow Analysis - The top ten stocks with the highest net inflow include Dongfang Caifu (300059) with a net inflow of 323.69 million, followed by Tongfu Microelectronics (002156) at 179.80 million [10]. - The top ten stocks with the highest financing net purchases include Dongfang Caifu (300059) at 152.28 million and Ningde Times (300750) at 125.01 million [11]. - The top ten stocks with the highest net outflow include Lingyi iTech (002600) with a net outflow of -202.37 million and Gree Electric Appliances (000651) at -171.36 million [21]. Industry Insights - The electronics sector shows significant net inflow, indicating strong investor interest, while the machinery and automotive sectors are experiencing notable net outflows, suggesting caution among investors [15][16][21].