Market Performance - The semiconductor sector increased by 1.65% on January 12, with Saiwei Microelectronics leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up 1.09%, while the Shenzhen Component Index closed at 14366.91, up 1.75% [1] Top Gainers in Semiconductor Sector - Saiwei Microelectronics (688325) closed at 109.62, up 20.00% with a trading volume of 41,200 shares and a transaction value of 428 million [1] - Longxin Technology (688047) closed at 162.50, up 16.08% with a trading volume of 158,100 shares and a transaction value of 2.449 billion [1] - Weijie Chuangxin (688153) closed at 45.48, up 13.98% with a trading volume of 160,600 shares and a transaction value of 709 million [1] Top Losers in Semiconductor Sector - Yuanjie Technology (688498) closed at 707.00, down 5.98% with a trading volume of 50,100 shares and a transaction value of 3.584 billion [2] - Xinyuan Micro (688037) closed at 191.10, down 4.93% with a trading volume of 133,500 shares and a transaction value of 2.572 billion [2] - Helin Weina (688661) closed at 68.98, down 4.39% with a trading volume of 126,900 shares [2] Capital Flow in Semiconductor Sector - The semiconductor sector experienced a net outflow of 3.038 billion from institutional investors, while retail investors saw a net inflow of 1.517 billion [2] - The net inflow from speculative funds was 1.521 billion [2] Individual Stock Capital Flow - Zhaoyi Innovation (603986) had a net inflow of 906 million from institutional investors, while it faced a net outflow of 457 million from speculative funds [3] - North Huachuang (002371) saw a net inflow of 612 million from institutional investors, with a net outflow of 611 million from speculative funds [3] - Changchuan Technology (300604) had a net inflow of 335 million from institutional investors, while facing a net outflow of 1.054 billion from speculative funds [3]

Group 1 - The A-share market showed mixed performance on January 12, with the Shanghai Composite Index rising by 0.25%, driven by gains in sectors such as internet, cultural media, and software, while motorcycle and energy equipment sectors faced declines [1] - The chip technology sector demonstrated strong fluctuations, with the chip ETF (159995) increasing by 1.68%. Notable individual stock performances included Longxin Technology rising by 9.52%, Changdian Technology by 7.09%, and Zhongwei Company by 6.77% [1] Group 2 - NVIDIA's founder and CEO Jensen Huang announced the launch of the Rubin platform at CES 2026, which consists of six new chips designed for building extraordinary AI supercomputers. These include Vera CPU, Rubin GPU, NVLink 6 switch, ConnectX-9 SuperNIC, BlueField-4 DPU, and NVIDIA Spectrum-6 Ethernet switch [3] - The Rubin platform is expected to significantly reduce training time and lower inference token costs, marking a new era in AI computing power. The collaborative design of these chips is anticipated to enhance performance and increase the value across multiple segments of the industry [3] - The chip ETF (159995) tracks the National Chip Index, comprising 30 leading companies in the A-share chip industry, including SMIC, Cambricon, Changdian Technology, and Northern Huachuang, indicating a robust investment landscape in the semiconductor sector [3]

Investment Rating - The industry investment rating is "Outperform the Market" which indicates an expected performance that exceeds the market by more than 5% over the next six months [23] Core Insights - The CES 2026 event highlighted the continuous enhancement of global AI computing power platforms, with significant advancements from major chip manufacturers like NVIDIA and AMD [3][5] - NVIDIA's Rubin platform has achieved full-scale production, while AMD introduced its Helios platform, showcasing the ongoing improvements in AI computing infrastructure that are expected to drive the global AI industry forward [6][19] - The report emphasizes the synergy between the enhancement of AI computing infrastructure and the iterative upgrades of global large models, which will foster sustained growth in the AI sector [3][19] Summary by Sections Industry News and Commentary - CES 2026 concluded on January 9, 2026, showcasing advancements in AI computing chips from companies like NVIDIA and AMD [3][6] - NVIDIA's Rubin platform is designed for building advanced AI supercomputers and is now in full production, with products expected to be available in the second half of 2026 [7] - AMD's Helios platform aims to provide significant computational power for large parameter model training, enhancing bandwidth and energy efficiency [8] Weekly Market Review - The computer industry index rose by 8.49% this week, outperforming the CSI 300 index by 5.70 percentage points [12] - As of the last trading day, the overall P/E ratio for the computer industry was 58.8 times, with 325 out of 359 A-share component stocks experiencing price increases [16] Investment Recommendations - The report suggests a strong focus on AI-related investment opportunities, particularly in AI computing and algorithms [19] - Recommended stocks in AI computing include Haiguang Information, Longxin Zhongke, and Inspur Information, while strong recommendations in AI algorithms include Hengsheng Electronics and Zhongke Chuangda [19]

证券日报网讯1月5日，龙芯中科在互动平台回答投资者提问时表示，龙芯"三剑客"已具备开放市场性价 比优势，6000系列服务器销量下半年明显增长，并形成存储，智算，密码多个有竞争力方向。 3B6000M云终端也开始有小批量订单。云服务厂商正在积极适配，在逐步接触，预计导入需要一段时 间。 ...

证券日报网讯 1月5日，龙芯中科在互动平台回答投资者提问时表示，北工投资2010年入股龙芯，持股 已超15年，系国家倡导耐心资本、投早投小投硬科技的典型案例。 （文章来源：证券日报） ...

Core Viewpoint - The article highlights the contributions of Chinese technology professionals in various fields such as integrated circuits, artificial intelligence, and biomedicine, emphasizing their role in advancing China's technological independence and innovation [1][4][6]. Group 1: Integrated Circuits - The chairman of Loongson Technology, Hu Weiwu, emphasizes the importance of developing core technologies through persistent effort, stating that there are no shortcuts and that one must steadily pursue progress [4][6]. - In 2020, Loongson launched its fully autonomous LoongArch architecture, marking a significant step in building China's independent information system [6]. Group 2: Space Exploration - Aerospace designer Jia Yang shares the story of the Zhurong Mars rover, which was designed to navigate challenging terrains and extreme temperatures, showcasing innovative engineering solutions [7][9]. - Jia emphasizes the joy of exploration and the integration of personal passion with professional work, reflecting on his two-decade journey in deep space exploration [9]. Group 3: Artificial Intelligence - Wang Shaolan, president of Zhiyuan Technology, discusses the development of large AI models, stressing the importance of mastering key technologies domestically, especially after facing external restrictions [11][13]. - The team has successfully released a trillion-parameter model and made it open-source, breaking through foreign architectural barriers [13]. Group 4: Pharmaceutical Innovation - Sun Yinghui, deputy general manager of Shouyao Holdings, focuses on the challenges of making innovative drugs accessible, particularly in the field of lung cancer treatment [15]. - She highlights the responsibility of researchers in developing drugs that can significantly impact patients' lives, emphasizing the need for precision in treatment [15]. Group 5: Automotive Industry - Xiaomi engineer Fang Kan reflects on the challenges faced by the Chinese automotive industry, particularly in developing small molecule targeted drugs and electric vehicles [16][19]. - He shares the story of Xiaomi's journey in car manufacturing, illustrating the importance of perseverance and innovation in overcoming obstacles [19][21]. Group 6: Telecommunications - Sun Lixin, CEO of Baicai Technology, recounts the evolution of China's telecommunications from reliance on foreign technology to leading in 5G and 6G standards [21][23]. - He attributes this progress to the dedication and efforts of generations of telecommunications professionals, showcasing the collective capability to achieve significant advancements [23].

（记者 王瀚黎） 每经头条（nbdtoutiao）——2025十大财经新闻出炉！护航、酣战、变局、狂飙分别指向哪些大事件？ 每经AI快讯，龙芯中科12月30日晚间发布公告称，近日，公司收到了鼎晖祁贤与鼎晖华蕴出具的告知 函，鼎晖祁贤及鼎晖华蕴通过集中竞价交易的方式合计减持约61万股，占公司总股本的比例为0.15%。 本次减持计划实施完毕。 ...

证券代码：688047 证券简称：龙芯中科 公告编号：2025-045 龙芯中科技术股份有限公司 减持计划的实施结果情况 2025 年 12 月 20 日，公司于上海证券交易所网站（www.sse.com.cn）披露 了《龙芯中科股东减持股份计划公告》（2025-044），鼎晖祁贤与鼎晖华蕴计划 通过集中竞价交易和/或大宗交易的方式减持其持有的公司部分股份，合计减持 不超过 609,162 股，占公司总股本的比例 0.15%。 股东减持股份结果公告 本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律 责任。 重要内容提示： 股东持股的基本情况 龙芯中科技术股份有限公司（以下简称"公司"）股东上海鼎晖百孚投资管 理有限公司－宁波鼎晖祁贤股权投资合伙企业（有限合伙）（以下简称"鼎晖祁 贤"）和股东上海鼎晖百孚投资管理有限公司－上海鼎晖华蕴创业投资中心（有 限合伙）（以下简称"鼎晖华蕴"）互为一致行动人，本次减持计划实施前，鼎晖 祁贤与鼎晖华蕴合计持有公司股份 12,760,685 股，占公司总股本比例为 3.18%。 上述股份 ...

龙芯中科公告称，股东鼎晖祁贤与鼎晖华蕴为一致行动人，本次减持计划实施前，二者合计持股 12,760,685股，占总股本3.18%。2025年12月20日，二者披露减持计划，拟合计减持不超609,162股，占 比0.15%。近日，二者通过集中竞价交易合计减持609,162股，占比0.15%，减持时间为2025年12月25日 至29日，减持总金额分别为4750.58万元、3505.75万元，已完成减持计划。 ...

Core Viewpoint - Longxin Technology has its own independent instruction set and architecture, which may provide a potential advantage in developing quantum chips, although quantum chips are currently focused on specialized application scenarios and have not yet achieved large-scale commercialization [1] Group 1 - Longxin Technology responded to an investor inquiry regarding its potential advantages in quantum chip development based on its independent architecture [1] - The current state of quantum chips is that they are primarily concentrated on pilot applications in specialized scenarios, with no widespread application in general-purpose CPU fields [1]