证券日报网讯2月4日，景嘉微（300474）在互动平台回答投资者提问时表示，公司直接持有诚恒微 34.65%的股权，并通过一致行动关系，合计取得诚恒微66.93%的表决权，成为诚恒微的控股股东，诚 恒微将成为公司的控股子公司。 ...

Group 1 - The core point of the article is that Jingjia Micro (300474) reported a total of 91,045 shareholders as of January 20, 2026 [1]

Core Viewpoint - The company is significantly increasing its research and development (R&D) investment, indicating a strong focus on innovation and technology advancement in the GPU and radar sectors [1] Group 1: R&D Investment - In 2023, the company's R&D expenditure was 331 million yuan, accounting for 46.44% of its operating revenue [1] - For 2024, the R&D investment is projected to be 281 million yuan, which will represent 60.18% of the operating revenue [1] - In the first three quarters of 2025, the R&D spending reached 234 million yuan, making up 47.41% of the operating revenue [1] Group 2: R&D Focus Areas - The primary focus areas for the company's R&D efforts include GPU chips, graphics display control, and small specialized radar technologies [1] Group 3: Future Profitability - The company has not provided specific details regarding its profitability for the year 2016, suggesting that further information will be available through official announcements [1]

Group 1 - The core viewpoint of the article highlights that Jingjia Micro (300474.SZ) has a wide application of its products in specialized fields that require high reliability, including aerospace, aviation, marine, and automotive sectors [1] Group 2 - The company's products are also utilized in general fields, indicating a diverse market presence [1]

Group 1 - Hunan's main expected goals for 2026 include a GDP growth of around 5%, a local general public budget revenue growth of about 1.5%, and an industrial added value growth of 6% [1] - The province plans to implement approximately 389 key projects with a total investment of about 2 trillion yuan, focusing on infrastructure projects such as energy integration and urban infrastructure upgrades [1] - Hunan aims to create 700,000 new urban jobs and ensure that residents' income growth outpaces economic growth, with a target for consumer price inflation at around 2% [1] Group 2 - The "Top Ten Technical Tackling Projects" include key technologies such as AI breeding for traditional medicinal materials and quantum navigation technology [2] - Local listed companies are supporting these projects, with examples including Lens Technology's new production capacity for assembly robots and Chengheng Micro's AI SoC chip development [3] - Hunan will focus on enhancing its modern industrial system, promoting 13 key industrial chains and advanced manufacturing clusters, while upgrading traditional industries and expanding emerging sectors [3] Group 3 - Specific projects under the "Top Ten Industrial Projects" include the new generation lithium battery industrialization project and the advanced steel material product structure upgrade project [4] - Other notable projects include the 3D glass R&D and production base by Lens Technology and the electric drive system manufacturing project by CRRC [4]

Core Insights - The global High Bandwidth Memory (HBM) market is experiencing rapid growth, with shipments expected to increase from 1.5 billion gigabytes (GB) in 2023 to 5.7 billion GB by 2026, and revenues projected to rise from $4.35 billion in 2023 to $50 billion in 2026 [6][7][8]. HBM Industry Definition and Advantages - HBM is a high-performance semiconductor memory based on 3D stacking technology, offering high bandwidth and energy efficiency, primarily used in high-performance computing and networking applications [1][4]. - HBM has four main advantages over traditional DRAM: high bandwidth, high capacity, low power consumption, and small size [2][3]. HBM Industry Development Status - HBM technology is becoming a standard for AI acceleration cards (GPUs, TPUs, etc.), with its value share continuing to increase [4][6]. - The demand for HBM is driven by the needs of AI and high-performance computing, with significant growth expected in the coming years [6][10]. HBM Industry Chain - The HBM industry chain includes upstream materials (electrolytes, precursors, IC substrates) and semiconductor equipment (lithography machines, etching machines), with midstream focusing on HBM production and downstream applications in AI, data centers, and high-performance computing [8][9]. HBM Industry Competitive Landscape - The global HBM market is dominated by foreign manufacturers, with SK Hynix holding a 53% market share, followed by Samsung at 38% and Micron at 9% [14][15]. - Domestic companies in China, such as Changxin Memory, Changdian Technology, and others, are making significant progress in the HBM supply chain, aiming to increase local production capabilities [15][16]. HBM Industry Development Trends - HBM is positioned as a critical hardware component for AI and high-performance computing, with its unique 3D stacked structure providing superior bandwidth compared to traditional memory solutions [16][17]. - The future memory landscape will be heterogeneous, with HBM focusing on training scenarios, while other memory types will cater to specific workloads, creating a diverse memory ecosystem for the AI era [17].

Core Viewpoint - The low-altitude economy sector is showing mixed results for 2025, with 22 companies expected to be profitable while another 22 are projected to incur losses, indicating a significant divergence in performance within the industry [3]. Performance Forecast Summary Profit Growth - 11 companies are expected to report profit increases, with notable projections including: - Xinzhi Group (002664.SZ) and Shangluo Electronics (300975.SZ) anticipating several-fold increases in net profit [4]. - Weihai Guangtai (002111.SZ), Tongyu Heavy Industry (300185.SZ), and Guangyang Co. (002708.SZ) expecting over 50% growth in net profit [4]. - Wan Feng Aowei (002085.SZ) and Zongshen Power (001696.SZ) also forecasted net profit growth [4]. Losses - 22 companies are projected to incur losses, with several notable cases: - Zhongtian Rocket (003009.SZ) and Andavil (300719.SZ) have shifted from profit to loss [7]. - Haige Communication (002465.SZ) is investing heavily in R&D, leading to increased costs and a projected loss [7]. - Companies like Aerospace Power (600343.SH) and Sihua Electronics (600990.SH) are also expected to continue reporting losses [8]. Industry Insights - The low-altitude economy's contribution to overall profits remains limited, with most revenue still coming from aircraft manufacturing and infrastructure construction [3]. - Companies like Wan Feng Aowei are leveraging their low-altitude business to drive profit growth, supported by strong orders in general aviation aircraft manufacturing and strategic acquisitions [5]. - The industry is witnessing a shift towards commercial applications of low-altitude technologies, with companies preparing for a significant commercialization phase in 2026 [9][10]. Strategic Developments - Companies are increasingly focusing on integrating low-altitude infrastructure and management platforms, as seen with Suzhou Keda's strategic investments in civil aviation infrastructure [11]. - The emphasis on R&D and market expansion in emerging fields like low-altitude economy is evident, with companies aiming to enhance their competitive edge through innovative solutions [7][11].

1月29日，景嘉微大宗交易成交7.8万股，成交额596.54万元，占当日总成交额的0.54%，成交价76.48 元，较市场收盘价76.48元持平。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2026-01-29 | 300474 | 景喜微 | 76.48 | 7.80 | 596.54 | 机构专用 | 机构专用 | ...

人民财讯1月27日电，据麒麟信安消息，1月26日，麒麟信安与景嘉微（300474）达成战略合作。双方将 充分发挥各自在基础硬件与基础软件领域的核心技术优势，围绕景嘉微11系列GPU与麒麟信安操作系 统、虚拟化产品开展全方位、多层次的战略合作，共同推进国产化高性能图形显示与算力平台的建设。 ...

如果说规模实力决定企业的当下地位，那么发展能力就决定了它的未来高度。 在资本市场，增长可以靠并购短期拉高，营收可以靠补贴暂时支撑，但真正的增长能力，是企业对未来 趋势的预判力、对技术变革的适应力、对市场扩张的执行力和对竞争格局的塑造力。 一场技术革命，最先受益的是拥有前沿布局的企业；一次产业升级，最终胜出的是具备持续创新基因的 公司。当经济从"高速增长"转向"高质量发展"，发展能力，就成为企业穿越周期、引领行业的核心动 能。 基于济安金信最新发布的上市公司竞争力评级数据，我们整理出"A股发展能力"维度排名前100的公司 名单。这些企业不仅当前表现优异，更在研发投入、市场拓展、技术储备、战略前瞻性等方面展现出强 大的成长潜力。 本期榜单，带你看清谁是真正的"未来引擎"。 济安金信的"发展能力"评估，并非仅看营收增长率，而是重点考察： - 研发投入占比：是否持续加码核心技术 - 新产品/新市场贡献率：增长是否来自创新驱动 - 专利数量与质量：技术护城河有多深 - 战略前瞻性：是否提前布局未来赛道 得分越高，意味着企业在所属赛道中，增长动能越强，未来想象空间越大，长期价值释放潜力越足。 从数据来看，这份榜单高度集中 ...