Core Viewpoint - Guoxin Technology (688262.SH) has invested in Hefei Silizhen Chip Technology Co., Ltd., holding a 11.46% stake, focusing on the development and application of optical quantum computing chips and computers [1] Group 1 - The company holds a 11.46% equity stake in Hefei Silizhen [1] - Hefei Silizhen is currently engaged in research and development of optical quantum computing technology [1] - The company does not have plans to gain controlling interest in Hefei Silizhen at this time [1]

Company Overview - Suzhou Guoxin Technology Co., Ltd. was established on June 25, 2001, and went public on January 6, 2022. The company focuses on providing IP licensing, chip customization services, and self-developed chips and modules, primarily in the fields of information security, automotive electronics, industrial control, edge computing, and network communication [2]. Financial Performance - For the period from January to September 2025, Guoxin Technology reported revenue of 259 million yuan, a year-on-year decrease of 44.92%. The net profit attributable to the parent company was -127 million yuan, a slight decrease of 0.03% year-on-year [2]. - The company has distributed a total of 120 million yuan in dividends since its A-share listing, with cumulative distributions of approximately 59.99 million yuan over the past three years [3]. Stock Performance - As of November 28, Guoxin Technology's stock price increased by 2.04%, reaching 31.00 yuan per share, with a trading volume of 234 million yuan and a turnover rate of 2.28%. The total market capitalization is 10.416 billion yuan [1]. - Year-to-date, the stock price has risen by 11.91%, with a 15.93% increase over the last five trading days, a 2.02% decrease over the last 20 days, and a 1.84% increase over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on March 4, where it recorded a net purchase of 73.89 million yuan [1]. Shareholder Information - As of September 30, the number of shareholders for Guoxin Technology was 25,700, a decrease of 3.43% from the previous period. The average number of circulating shares per shareholder increased by 31.62% to 13,085 shares [2].

Core Insights - The 2025 Automechanika Shanghai exhibition opened with 7,465 participating companies from 44 countries and regions, marking a 10% year-on-year increase in exhibitors [1] - The exhibition area expanded by 9% to 383,000 square meters, utilizing all 15 exhibition halls of the National Exhibition and Convention Center (Shanghai) for the first time [1] - The event showcased significant domestic and international participation, with 15 national and regional exhibition groups, highlighting the global professional service platform's role in market promotion, trade services, information exchange, and industry education [1] Industry Trends - The exhibition reflects the robust innovation vitality and global influence of China's automotive industry, as stated by the General Manager of Frankfurt Exhibition (Hong Kong) Ltd [1] - China is increasingly recognized as a key hub for global automotive sales, production, and new energy technology innovation, with a growing trend of vehicle manufacturers enhancing their international influence through the exhibition platform [1] - The event featured major automotive brands such as GAC Aion, Li Auto, Chery Holding, and Tesla, along with key enterprises from the automotive supply chain, showcasing a diverse range of products and solutions across the entire automotive ecosystem [1] New Energy and Smart Connectivity - The new energy and intelligent connected vehicle sector expanded by 50%, focusing on core electric components and systems, intelligent driving assistance, charging infrastructure, and more [2] - Nearly 30 domestic and international brands participated for the first time, showcasing cutting-edge technologies in semiconductor chips, intelligent driving systems, and powertrain systems [2] - The inaugural 2025 Automechanika Shanghai Automotive Industry International Development Conference CEO Summit was held concurrently, featuring 94 high-quality forums and technical seminars covering technology foresight, market trends, talent development, and cross-industry integration [2]

在集成化与扩展性上，CCFC3007BCT表现亮眼。芯片集成了电源系统、多种通信接口（MCAN、 LIN、FlexRay、DSPI等）及千兆TSN高速以太网接口，支持CANFD，可实现多设备高速互联与跨域数 据转发。同时配备12MB Flash与1.5MB SRAM大容量存储，以及GTM、eTPU、PIT计时器单元和 EQADC、SDADC高精度ADC模块，为整车智能化功能升级预留充足空间，其综合性能完全对标国际同 类高端产品，部分核心指标实现超越。 安全关键：安全气囊点火驱动芯片GH-02 域控核心：ZCU集成化域控芯片CCFC3007BCT 广汽昊铂GT-攀登版的中央域控单元搭载国芯科技自主研发的车规级高性能多核架构MCU芯片 CCFC3007BCT，该芯片作为整车域控系统的"神经中枢"，承担着多域数据处理、指令调度与设备协同 的核心职责，成功丰富了国产高端域控芯片在复杂场景的应用。 据介绍，CCFC3007BCT采用先进PowerPC多核架构设计，主频高达300MHz，能够高效处理来自整车传 感器、执行器的海量数据，保障智能驾驶、座舱交互等多场景的流畅运行。在安全性能上，该芯片满足 功能安全ASIL-D ...

Market Overview - The Shanghai Composite Index closed at 3887.46 points, above the annual line, with a change of 0.60% [1] - The total trading volume of A-shares reached 1386.68 billion yuan [1] Stocks Breaking Annual Line - A total of 127 A-shares have surpassed the annual line today, with notable stocks including: - Qingniao Firefighting (Code: 002960) with a deviation rate of 9.78% and a daily increase of 10.03% [1] - Tianyi New Materials (Code: 688033) with a deviation rate of 7.79% and a daily increase of 20.04% [1] - Guoxin Technology (Code: 688262) with a deviation rate of 6.36% and a daily increase of 8.42% [1] Stocks with Smaller Deviation Rates - Stocks with smaller deviation rates that have just crossed the annual line include: - Fengshang Culture (Code: not specified) and Xi'an Catering (Code: 000721) with deviation rates of 3.92% and 3.91% respectively [1] - Other stocks like Anke Innovation (Code: 300866) and Huitong Co., Ltd. (Code: 300683) also showed positive performance with deviation rates of 4.06% and 3.51% respectively [1] Detailed Stock Performance - The following table summarizes the performance of selected stocks that broke the annual line: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Annual Line (Yuan) | Latest Price (Yuan) | Deviation Rate (%) | |------------|----------------|------------------|--------------------|---------------------|---------------------|---------------------| | 002960 | Qingniao Firefighting | 10.03 | 2.31 | 10.19 | 11.19 | 9.78 | | 688033 | Tianyi New Materials | 20.04 | 10.87 | 6.28 | 6.77 | 7.79 | | 688262 | Guoxin Technology | 8.42 | 7.64 | 28.68 | 30.51 | 6.36 | | 000721 | Xi'an Catering | 9.45 | 13.09 | 9.25 | 9.61 | 3.92 | | 300866 | Anke Innovation | 5.55 | 2.38 | 107.93 | 112.31 | 4.06 | | 300683 | Huitong Co., Ltd. | 4.74 | 6.70 | 30.30 | 31.36 | 3.51 | [1][2]

Market Overview - The A-share market showed a mixed performance with the Shanghai Composite Index rising by 0.49% to 3883.01, while the Shenzhen Component Index increased by 0.38% to 12956.99, and the ChiNext Index rose by 0.56% to 3061.79, with a total market turnover of 1.1 trillion [1][2]. Sector Performance - The organic silicon, consumer electronics, and battery sectors led the gains, while the Hainan and film industry sectors experienced declines [2]. Semiconductor Sector - Semiconductor stocks performed strongly, with CPO concept stocks remaining active. Notable gains included Saiwei Electronics reaching a historical high with an increase of over 18%, and other companies like Xidi and Deke Chip also showing significant increases [4]. - Google is accelerating the commercialization of its self-developed AI chip TPU, which may disrupt the GPU market dominated by Nvidia if partnerships with major tech companies materialize [4]. - Huatai Securities highlighted that multi-chip interconnection is key for AI computing power expansion, with CPO technology potentially becoming a critical path for overcoming computing power bottlenecks by 2027 [4]. - Northeast Securities noted an increase in the demand for optical modules, with a positive outlook for next year's orders, indicating a supply-demand imbalance that will likely sustain industry growth [4].

Market Overview - The Shanghai Composite Index is at 3884.38 points, above the six-month moving average, with an increase of 0.52% [1] - The total trading volume of A-shares is 815.416 billion yuan [1] Stocks Breaking the Six-Month Line - A total of 149 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Guoxing Technology (国芯科技) with a deviation rate of 9.00% and a price increase of 10.63% [1] - Kaiwang Technology (凯旺科技) with a deviation rate of 7.63% and a price increase of 8.18% [1] - Liande Equipment (联得装备) with a deviation rate of 5.62% and a price increase of 20.01% [1] Additional Stocks with Minor Deviations - Stocks with smaller deviation rates that have just crossed the six-month line include: - Zhejiang Lino (浙江力诺) and Changhong High-Tech (长鸿高科) with minor deviations [1] - The table lists various stocks along with their respective trading performance, including: - Xinkai Technology (信凯科技) with a deviation rate of 5.27% and a price increase of 5.38% [1] - Feilu Co. (飞鹿股份) with a deviation rate of 4.96% and a price increase of 5.71% [1]

Market Overview - As of 10:29 AM today, the Shanghai Composite Index stands at 3884.38 points, above the annual line, with a change of 0.52% [1] - The total trading volume of A-shares today is 815.416 billion yuan [1] Stocks Breaking Annual Line - A total of 91 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Qingniao Firefighting (9.78%) - Guoxin Technology (8.51%) - Liande Equipment (6.16%) [1] Detailed Stock Performance - The following table summarizes the performance of selected stocks that have broken the annual line: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Annual Line (Yuan) | Latest Price (Yuan) | Deviation Rate (%) | |------------|----------------|------------------|--------------------|---------------------|---------------------|---------------------| | 002960 | Qingniao Firefighting | 10.03 | 2.21 | 10.19 | 11.19 | 9.78 | | 688262 | Guoxin Technology | 10.63 | 5.39 | 28.69 | 31.13 | 8.51 | | 300545 | Liande Equipment | 20.01 | 16.98 | 31.87 | 33.83 | 6.16 | | 002440 | Runtu Co., Ltd. | 5.53 | 2.43 | 7.11 | 7.44 | 4.61 | | 300068 | Nandu Power | 4.75 | 3.48 | 16.99 | 17.64 | 3.81 | | 600865 | Baida Group | 4.48 | 3.70 | 9.30 | 9.57 | 2.94 | | 688216 | Qipai Technology | 3.10 | 0.62 | 22.32 | 22.97 | 2.91 | | 688179 | Aladdin | 3.99 | 1.22 | 12.93 | 13.29 | 2.75 | | 920792 | Donghe New Materials | 2.82 | 1.21 | 12.12 | 12.38 | 2.14 | | 601136 | Shouchuang Securities | 2.02 | 4.86 | 20.83 | 21.24 | 1.96 | [1]

Group 1 - The semiconductor sector opened with a continuous rise, indicating positive market sentiment [1] - Notable stocks include Electric Science Chip, which hit the daily limit, and others like Lixin Micro and Xidi Micro, which rose over 10% [1] - Additional companies such as Changguanghua Chip, Guoxin Technology, Zhongke Lanyun, Haiguang Information, and Ashi Chuang also experienced upward movement [1]

Core Viewpoint - The semiconductor sector is experiencing a significant upward trend, with multiple companies showing strong performance in the market [1] Company Performance - Electric Science's chip stock has reached the daily limit increase [1] - Companies such as Lixin Micro and Xidi Micro have seen their stock prices rise by over 10% [1] - Other companies including Changguang Huaxin, Guoxin Technology, Zhongke Lanyun, Haiguang Information, and Ashi Chuang are also experiencing gains [1]