关于预训练Scaling Law，Baker强调，Gemini 3的发布具有里程碑意义，因为它明确证实了该定律仍然 有效。 在此之前，没有人能从原理上完全解释为何Scaling Law会起作用，它更多是一种类似古埃及人观测天 象的"经验观察"——虽然能够精确测量金字塔轴线与星象的对齐，却并不理解背后的轨道力学。 对于投资者而言，每一次对Scaling Law的确认都至关重要。如果这一经验定律失效，意味着海量的资 本支出将无法转化为更强的智能表现。 Gemini 3证明了即便在现有硬件架构下，通过增加算力和数据，模型基座的能力依然在提升。但Baker 同时指出，仅靠预训练阶段的Scaling Law，并不能解释过去半年的市场繁荣。 Gavin Baker指出，Gemini 3的发布证明大模型的扩展定律（Scaling Law）依然有效。 周二，资深科技投资者Gavin Baker在最近的播客访谈中指出，谷歌Gemini 3模型的推出验证了即使在硬 件算力受限的窗口期，AI仍能通过新的推理机制实现能力跃升。 他强调若非模型推理能力的及时涌现，全球AI产业本将在2024年中期至Gemini 3发布期间陷入完全停 滞 ...

格隆汇12月10日｜资深科技投资者Gavin Baker指出，太空数据中心将成为未来3到4年内最重要的技术 突破。尽管地面基础设施仍是人工智能发展的主要支撑，但Baker预计太空数据中心可能需要5到6年时 间才能成为部署算力市场的主流。太空数据中心的优势主要源于运营数据中心的三个核心要素：能源、 冷却和芯片。Baker还表示，这项发展趋势与马斯克旗下企业的技术进步密不可分，特斯拉、SpaceX和 xAI的深度融合将为太空资料中心提供独特优势。在这种垂直整合体系中，SpaceX将在太空建设资料中 心以提供算力，xAI担任智能模组，而特斯拉视觉系统则提供感知能力。 ...

证券日报网讯 12月5日，深科技（000021）在互动平台回答投资者提问时表示，截至2025年11月28日， 公司股东户数为221176户。 ...

（文章来源：证券日报） 证券日报网讯 12月4日晚间，深科技发布公告称，持有89，100股（占总股本0.0057%）的董事会秘书钟 彦女士计划自2025年12月27日至2026年3月26日以集中竞价方式减持不超过22，000股（占总股本 0.0014%）。 ...

| 1 | 6沃科技 | 实控人张友君的控股企业增持2.63万股公司股票 | | --- | --- | --- | | 2 | 东阿阿胶 | 拟1亿元-2亿元回购股份用于注销 | | | | 12.4上市公司盘后减持情况 | | 1 | 海珠约V | 董事、 高管拟合计减持不超0.0816%股份 | | 2 | 海科新源 | 董事、股东减持公司股份 | | 3 | ST瑞和 | 高管计划减持不超5.25万股 | | 4 | 联动科技 | 控股股东、实际控制人11月28日至12月3日减持38.2万股 | | 5 | 深科技 | 高管钟彦拟减持不超0.0014%股份 | | 6 | 德艺文创 | 股东吴体芳拟减持不超2%股份 | | 1 | 太阳电缆 | 第三大股东象屿集团及其一致行动人拟合计减持不超3%股份 | | 8 | 东望时代 | 股东新岭科技计划减持不超1.20%股份 | | g | 中自科技 | 股东银鞍岭英减持1.00%股份计划完成 | 据统计，12月4日，盘后飞沃科技、东阿阿胶披露增持情况。包括海森药业、海科新源、ST瑞和、联动 科技、深科技、德艺文创、太阳电缆、中自科技、东望时代在内的9家A股 ...

格隆汇12月4日丨深科技(000021.SZ)公布，董事会秘书钟彦女士计划在本公告披露之日起15个交易日后 的3个月内（2025年12月27日-2026年3月26日）以集中竞价方式减持本公司股份不超过22,000股（占本 公司总股本比例0.0014%）。 ...

证券代码：000021 证券简称：深科技 公告编码：2025-051 公司董事会秘书钟彦女士保证向本公司提供的信息内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示：持有深圳长城开发科技股份有限公司（以下简称"公司"、"深科 技"）89,100 股（占本公司总股本比例 0.0057%）的董事会秘书钟彦女士计划在 本公告披露之日起 15 个交易日后的 3 个月内（2025 年 12 月 27 日-2026 年 3 月 26 日）以集中竞价方式减持本公司股份不超过 22,000 股（占本公司总股本 比例 0.0014%）。 一、 股东的基本情况 1、减持主体的名称：钟彦 2、减持主体持有股份的总数量、占公司总股本的比例：截至目前，钟彦女 士持有公司 89,100 股，占本公司总股本比例 0.0057%。 二、 本次减持计划的主要内容 公司于近日收到董事会秘书钟彦女士出具的《关于股份减持计划告知函》， 现将有关情况公告如下： 深圳长城开发科技股份有限公司 关于公司高管减持股份预披露公告 （二）承诺事项 （一）减持主要内容 1、 ...

Core Viewpoint - The stock of Shenzhen Technology Co., Ltd. (深科技) has experienced fluctuations, with a recent decline of 2.03% and a year-to-date increase of 27.77% [1] Group 1: Stock Performance - As of December 2, the stock price is 24.11 CNY per share, with a market capitalization of 37.893 billion CNY [1] - The stock has seen a net outflow of 12.6181 million CNY from main funds, with significant buying and selling activity [1] - Over the past 20 days, the stock has decreased by 10.60%, while it has increased by 3.12% in the last 5 trading days [1] Group 2: Company Overview - Shenzhen Technology Co., Ltd. was established on July 4, 1985, and listed on February 2, 1994, focusing on advanced manufacturing in various electronic products [2] - The company's revenue composition includes high-end manufacturing (50.52%), storage semiconductor business (27.13%), and intelligent metering terminals (21.70%) [2] - The company operates in the electronic-consumer electronics sector and is involved in several concept sectors, including semiconductor and automotive electronics [2] Group 3: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 11.278 billion CNY, reflecting a year-on-year growth of 3.93%, and a net profit of 756 million CNY, up 14.27% [2] - The company has distributed a total of 3.958 billion CNY in dividends since its A-share listing, with 702 million CNY distributed in the last three years [3] Group 4: Shareholder Information - As of September 30, 2025, the number of shareholders is 216,900, a decrease of 5.73% from the previous period, with an average of 7,244 circulating shares per person [2][3] - The third-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 28.6221 million shares, an increase of 15.6346 million shares from the previous period [3]

Market Overview - The consumer electronics sector increased by 1.22% on November 28, with Yunzhong Technology leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Top Gainers - Yunzhong Technology (688260) closed at 42.75, up 11.79% with a trading volume of 210,600 shares and a transaction value of 877 million [1] - Changying Precision (300115) closed at 42.92, up 11.19% with a trading volume of 2,058,000 shares and a transaction value of 8.592 billion [1] - Other notable gainers include: - Laimu Co. (603633) up 4.03% [1] - Bumeite (300868) up 3.86% [1] - Xinwei Communication (300136) up 3.75% [1] Top Losers - Huiwei Technology (002888) closed at 20.81, down 5.37% with a trading volume of 231,300 shares and a transaction value of 487 million [2] - Beilong Precision (301567) closed at 46.36, down 3.13% with a trading volume of 37,500 shares and a transaction value of 173 million [2] - Other notable losers include: - Zhaoman Technology (002369) down 2.39% [2] - Zhixin Electronics (920005) down 1.95% [2] Capital Flow - The consumer electronics sector saw a net inflow of 1.005 billion from institutional investors, while retail investors experienced a net outflow of 11.7315 million [2][3] - Major stocks with significant capital inflow include: - Changying Precision with a net inflow of 409 million [3] - Lixun Precision (002475) with a net inflow of 277 million [3] - Goer Technology (002241) with a net inflow of 228 million [3]

Core Viewpoint - The company, Deep Technology (深科技), is currently operating at full capacity in its packaging and testing facilities located in Shenzhen and Hefei, and is planning to expand production based on recent customer demand [1] Group 1 - The company's packaging and testing operations in Shenzhen and Hefei are at full production capacity [1] - The company is responding to recent customer demand by planning to expand its production capabilities [1]