Group 1 - The article emphasizes the importance of expanding domestic demand as a strategic initiative, advocating for a long-term mechanism to enhance consumer spending and confidence [1] - The China Securities Regulatory Commission (CSRC) is set to implement reforms to the ChiNext board and accelerate the rollout of the "1+6" reform measures for the Sci-Tech Innovation Board, aiming to enhance market stability and promote equity public funds [2] - The State Grid Corporation of China is focusing on building a new power system and energy framework to achieve carbon peak goals [3] Group 2 - The Ministry of Commerce and five other departments have issued an action plan to promote high-quality development in the service outsourcing sector, targeting the cultivation of internationally competitive leading enterprises by 2030 [4] - The State Administration of Foreign Exchange is emphasizing macro-prudential management of the foreign exchange market to maintain the stability of the RMB exchange rate and ensure a balanced international payment [5] - The first batch of L3 autonomous driving vehicles has received approval for road testing in designated areas of Beijing and Chongqing [6] Group 3 - There is a collective price increase trend among manufacturers of lithium iron phosphate cathode materials, expected to continue until the fourth quarter of next year [7] - The Henan Province Postal Regulations will take effect on March 1, 2026, imposing fines for unauthorized actions by express delivery companies [8] - Several companies, including Aerospace Electronics and TCL Technology, have announced significant capital investments and acquisitions, indicating active market movements [9] Group 4 - Nasdaq plans to submit a proposal to the SEC to extend trading hours for stocks and exchange-traded products from 16 to 23 hours per week [15] - STMicroelectronics has delivered over 5 billion RF antenna chips to SpaceX for its Starlink satellite network, with expectations to double deliveries by 2027 [17] - U.S. stock indices experienced collective declines, with the Dow Jones down 0.09%, Nasdaq down 0.59%, and S&P 500 down 0.16% [18]

Key Points - The article discusses recent developments in the Chinese financial and industrial sectors, highlighting regulatory measures and economic indicators that may impact investment opportunities and market stability [4][5][6]. Group 1: Regulatory Developments - The China Securities Regulatory Commission (CSRC) held a meeting to discuss the implementation of measures from the Central Economic Work Conference, emphasizing the need to enhance market stability and promote high-quality listed companies [4]. - The State Administration of Foreign Exchange (SAFE) also convened to ensure the stable operation of the foreign exchange market, focusing on maintaining the RMB exchange rate and international balance of payments [4]. Group 2: Economic Indicators - In November, the industrial added value of large-scale enterprises in China grew by 4.8% year-on-year, with a month-on-month increase of 0.44%. The cumulative growth for the first eleven months was 6.0% [5]. - The growth rates for different sectors in November included mining at 6.3%, manufacturing at 4.6%, and electricity, heat, gas, and water production and supply at 4.3% [5]. Group 3: Market Trends and Company News - The number of cities with rising new home prices increased in November, with Hefei and Xiangyang showing the highest growth rates [6]. - The Ministry of Industry and Information Technology announced the first batch of L3 conditional autonomous driving vehicle permits, marking a significant step towards commercialization in designated areas [6]. - The National Energy Administration projected that by 2025, total power generation capacity will exceed 3.8 billion kilowatts, with a year-on-year growth of 14% [6]. Group 4: Company-Specific Developments - Muxi Co., Ltd. will be listed on the Sci-Tech Innovation Board on December 17 [9]. - Aerospace Electronics plans to invest 727 million yuan to gain control of its subsidiary, Aerospace Rocket Company [12]. - TCL Technology intends to purchase a 10.77% stake in Shenzhen Huaxing Semiconductor for 6.045 billion yuan [21].

（编辑 姚尧） 证券日报网讯 12月15日，景嘉微在互动平台回答投资者提问时表示，2025年7月份至9月份，公司产品 销售收入增加且前期推进的部分项目已顺利验收，公司实现营业收入30139.60万元，较上年同期增长 230.65%；净利润1507.67万元，较上年同期增长246.66%。公司坚定看好GPU与边端侧AI芯片的广阔前 景，持续加大研发投入，强化基础研究的前瞻性、战略性、体系化布局。关于第四季度具体经营业绩， 请以公司后续披露的年度报告为准，请注意投资风险，理性看待公司经营发展。 ...

Group 1 - Unicom Guowei has established a Central Research Institute focusing on the development of edge AI chips for applications in autonomous driving, embodied robots, and low-altitude flying vehicles [2] - The research will also include new types of storage devices based on two-dimensional materials and high-performance special sensor chips [2] - Aerospace Electronics plans to increase its investment in Aerospace Long March Rocket Technology Co., Ltd. by 728 million yuan, maintaining the existing shareholding structure [3] Group 2 - Aerospace Rainbow successfully completed the first flight test of its self-developed Rainbow-7 high-altitude, high-speed, long-endurance drone, achieving all preset parameters [4] - The project is still in the research and testing phase, with further rigorous testing and validation required before mass production [4] Group 3 - Changchun High-tech's subsidiary signed an exclusive licensing agreement for the GenSci098 injection project, potentially earning up to 1.365 billion USD in milestone payments [5] - The agreement includes an initial payment of 120 million USD and additional milestone payments related to development and commercialization [5] Group 4 - TCL Technology plans to acquire a 10.7656% stake in Shenzhen Huaxing Semiconductor for 6.045 billion yuan, increasing its ownership from 84.2105% to 94.9761% [26] - This acquisition aims to enhance TCL's competitiveness and profitability in the semiconductor display industry [26] Group 5 - Zhongmin Resources announced the successful ignition of its Tsumeb smelting plant's multi-metal comprehensive recycling project, with an annual processing capacity of 80,000 tons [11] - The project will produce various products, including germanium ingots and zinc ingots, with a design capacity of 33 tons/year for germanium [11] Group 6 - Xinhua Insurance reported a 16% year-on-year increase in original insurance premium income, totaling 188.85 billion yuan from January to November 2025 [43] - This growth reflects the company's strong performance in the insurance market [43]

Group 1 - Muxi Co., Ltd. will list its common stock on the Sci-Tech Innovation Board on December 17, 2025 [1] - Xinghua New Materials signed a strategic cooperation agreement with Guoteng Company to collaborate in the quantum technology field [2] - TCL Technology's subsidiary plans to acquire a 10.7656% stake in Shenzhen Huaxing Semiconductor for 60.45 billion RMB [3] Group 2 - Jingjia Micro's subsidiary has completed key stages of its edge AI SoC chip, marking a significant project breakthrough [4] - Cambricon plans to use 2.778 billion RMB of its capital reserve to offset losses [5] - Bojun Technology's subsidiary intends to invest 600 million RMB in an automotive lightweight component production base in Chongqing [6] Group 3 - Longqi Technology plans to invest approximately 1.5 billion RMB to build an AI + smart terminal digital benchmark factory in Nanchang [7] - Taili Technology signed a strategic cooperation framework agreement with Jinan University to establish an advanced functional materials research institute with an investment of 100 million RMB [8][9] - Pengding Holdings plans to invest a total of 4.297 billion RMB in a production facility in Thailand by 2026 [10] Group 4 - China Metallurgical Group reported a new contract amount of 958.13 billion RMB from January to November 2025, a decrease of 8.6% year-on-year [16] - 吉祥航空 reported an 8.92% year-on-year increase in passenger turnover in November 2025 [17] - Hainan Airport's passenger throughput reached 2.0909 million in November 2025, a year-on-year increase of 8.16% [20] Group 5 - Xinhua Insurance reported a cumulative original insurance premium income of 188.85 billion RMB from January to November 2025, a year-on-year increase of 16% [21] - Huafeng Aluminum's controlling shareholder plans to reduce its stake by up to 2.17% [22] - Digital Vision plans to repurchase shares worth 80 million to 120 million RMB [23]

Group 1 - Shareholder Zhang Yu of Kehua Holdings plans to reduce his stake by up to 3%, amounting to no more than 5.83 million shares within three months [1] - Shanghai Ailu has signed a strategic cooperation agreement with Southern Road Machinery to provide packaging products for the dry-mixed mortar industry [2] - Xingyuan Zhuomei appointed Gong Chunming as the new deputy general manager [3] Group 2 - Tongyi Zhong's shareholder has set a preliminary transfer price of 15.47 yuan per share for a total of 4.27 million shares [4] - Anada's shareholder did not implement the planned share reduction of up to 2% by the deadline [5] - Rongchang Bio plans to repurchase shares worth between 20 million to 40 million yuan at a price not exceeding 95 yuan per share [6] Group 3 - Hainan Airport reported an 8.16% year-on-year increase in passenger throughput for November, totaling 2.09 million passengers [7] - Lanjian Intelligent plans to apply for a bank credit line of up to 1.2 billion yuan for various financial operations [8] - Xinlei Co. received a total of 561.43 million yuan in land acquisition and compensation payments [9] Group 4 - Foster reported a surplus of 321 million yuan from four fundraising projects, which will be used to supplement working capital [10] - China Southern Airlines experienced a 10.42% year-on-year increase in passenger turnover for November [12] - China National Airlines reported a 10.1% year-on-year increase in passenger turnover for November [17] Group 5 - Sanyou Chemical plans to register and issue mid-term notes not exceeding 1.3 billion yuan [18] - Quanyuan Spring used 60 million yuan of idle funds to purchase structured deposits [19] - Su Keng Agricultural Development appointed Zou Yi as the new deputy general manager [20] Group 6 - Jingneng Real Estate received approval to register mid-term notes totaling up to 2 billion yuan [21] - Dechang Co. received approval from the CSRC for a targeted issuance of shares [23] - Jiufeng Bio obtained a medical device registration certificate for its fructosamine testing kit [24] Group 7 - Jinzi Ham's president Guo Bo resigned for personal reasons, while Zheng Hu was appointed as the new president [25] - China Eastern Airlines reported a 10.35% year-on-year increase in passenger turnover for November [26] - Fengfan Co.'s controlling shareholder is in the process of acquiring 17.32% of the company's shares [27] Group 8 - Zhenghai Bio signed a technical development contract with the Chinese Academy of Agricultural Sciences for a collagen product project worth 12 million yuan [28] - Xinhua Insurance reported a 16% year-on-year increase in cumulative original insurance premium income for the first 11 months [29] - Jingjia Microelectronics' subsidiary completed key stages of its AI SoC chip project [30] Group 9 - Shanghai Pharmaceuticals' hydrochloride sotalol tablets passed the consistency evaluation for generic drugs [31] - Heshun Technology's subsidiary's carbon fiber project has entered a stable operational phase [32] - Spring Airlines reported an 18.02% year-on-year increase in passenger turnover for November [33] Group 10 - Huaxin New Materials proposed a mid-term dividend plan of 1 yuan per 10 shares [34] - Keda Li plans to increase capital by 300 million yuan for its wholly-owned subsidiary [35] - Jinguang Electric won a bid for a high-voltage direct current transmission project worth 84.86 million yuan [36] Group 11 - XGIMI Technology's subsidiary received a development notification for a vehicle-mounted projection project from a well-known domestic automotive manufacturer [37]

景嘉微表示，诚恒微CH37系列的顺利点亮，是公司与诚恒微集中优势资源、协同推进核心技术自主研发与产业化落地的重要成果。这不仅将进一步丰富公 司和诚恒微的产品线与核心技术储备，更有助于拓宽产品应用场景，服务更广泛的客户领域。 在当前人工智能向边端侧加速渗透的产业浪潮下，诚恒微CH37系列的突破，被视为景嘉微深化"GPU+边端侧AISoC芯片"产品矩阵、响应国家科技自立自强 战略的关键一步。该芯片旨在为具身智能、边缘计算等前沿应用提供高能效、自主可控的算力引擎。 强劲AI算力：提供高达64TOPS@INT8的峰值AI算力，为复杂的视觉识别与多模态感知模型在设备端侧实时运行提供了充沛动力。 灵活高效处理：支持混合精度计算，兼顾了算法开发的灵活性与推理效率；同时具备高实时性与低延迟特性，确保快速精准的决策执行。 多传感融合优化：芯片架构专为多传感器（如视觉、雷达）融合场景深度优化，能高效协同处理多元数据，构建统一的实时环境感知能力。 12月15日，景嘉微发布公告称，公司控股子公司无锡诚恒微电子有限公司（以下简称"诚恒微"）自主研发的边端侧AISoC芯片CH37系列，已顺利完成流 片、封装、回片及成功点亮等全部关键流程 ...

景嘉微（300474）(300474.SZ)公告，公司控股子公司无锡诚恒微电子有限公司(简称"诚恒微")自主研发 的边端侧AISoC芯片CH37系列，目前已顺利完成流片、封装、回片及点亮等关键阶段工作。芯片点亮 后，经测试，其基本功能与核心性能指标(包括算力效率、模块协同及稳定性等)均已达到设计要求，标 志着该项目取得阶段性突破。 后续，诚恒微将加快推进芯片的功耗优化与全面性能测试，确保产品早日具备量产条件。 ...

格隆汇12月15日丨景嘉微(300474.SZ)公布，控股子公司无锡诚恒微电子有限公司（简称"诚恒微"）自主 研发的边端侧AI SoC 芯片CH37系列，目前已顺利完成流片、封装、回片及点亮等关键阶段工作。芯片 点亮后，经测试，其基本功能与核心性能指标（包括算力效率、模块协同及稳定性等）均已达到设计要 求，标志着该项目取得阶段性突破。后续，诚恒微将加快推进芯片的功耗优化与全面性能测试，确保产 品早日具备量产条件。 为积极响应国家推动高水平科技自立自强和自主可控的战略号召，公司和诚恒微正大力推动核心技术的 自主研发与产业化落地，集中优势资源，充分发挥协同效应，拓宽产品应用场景并拓展服务客户领域， 持续优化以"GPU+边端侧AISoC 芯片"为核心的产品矩阵，提升在智能算力领域的核心竞争力与市场影 响力。通过不断推进芯片迭代优化和生态体系建设，加快在具身智能、边缘计算等前沿场景的实际应 用，助力构建安全可控的国产化算力底座。诚恒微 AI SoC 芯片 CH37 系列的阶段性突破，将进一步丰 富公司及诚恒微产品线和核心技术储备，有利于增强公司核心竞争力，巩固公司在相关领域的市场竞争 力与市场占有率，对公司长期发展战 ...

智通财经APP讯，景嘉微(300474.SZ)公告，公司控股子公司无锡诚恒微电子有限公司(简称"诚恒微")自 主研发的边端侧AISoC芯片CH37系列，目前已顺利完成流片、封装、回片及点亮等关键阶段工作。芯 片点亮后，经测试，其基本功能与核心性能指标(包括算力效率、模块协同及稳定性等)均已达到设计要 求，标志着该项目取得阶段性突破。 后续，诚恒微将加快推进芯片的功耗优化与全面性能测试，确保产品早日具备量产条件。 ...