Core Viewpoint - The core value of industrial power supply is increasingly highlighted against the backdrop of explosive growth in AI computing power and ongoing advancements in future energy technologies. The company, Jiangxi Liyuan Haina Technology Co., Ltd., has been deeply engaged in the industrial power supply sector for nearly two decades and is planning to go public on the Shenzhen Stock Exchange's Growth Enterprise Market [1]. Group 1: AI Computing Power Supply - The performance enhancement of AI computing servers relies heavily on the precision manufacturing of printed circuit boards (PCBs), with high-speed positive/negative pulse power supplies being critical for PCB manufacturing efficiency and accuracy. The company has successfully broken foreign monopolies in this high-end field, achieving over 50% market share in the Greater China region for high-performance AI computing center PCBs [2]. - The company's pulse power supply technology continues to iterate, providing essential support for higher performance PCB manufacturing and expanding market growth opportunities as the AI industry enters a rapid development phase [2]. Group 2: Controlled Nuclear Fusion - Controlled nuclear fusion is viewed as the ultimate solution to the energy crisis, with power systems being crucial for the stable operation of fusion devices. The company has strategically positioned itself in this "hard technology" sector and has established deep strategic partnerships with key domestic research institutions [3]. - The company's products have been delivered and are operational, providing critical power support for China's "artificial sun" project, demonstrating that its technology has reached an internationally advanced level [3]. Group 3: Diverse Technology Matrix - In addition to AI computing power supplies and controlled nuclear fusion, the company has developed a diverse technology matrix in AI-related special power supplies and industrial power supplies, enhancing high-end manufacturing and emerging industries [4]. - The company is accelerating the research and industrialization of high-voltage direct current power supplies to meet the green and reliable power demands of data centers, addressing the challenges posed by the surge in AI computing power [4]. Group 4: Industrial Power Supply Achievements - The company's high-frequency switch power supplies hold over 80% market share in the domestic lithium battery and high-precision electronic copper foil markets, marking a significant transition from reliance on foreign equipment to technological leadership [5]. - The company's differentiated light-storage system solutions address industry application pain points, achieving a 5% efficiency improvement over traditional AC power supply solutions, which is significant for energy-intensive enterprises [5]. Group 5: Future Outlook - The company will continue to implement an innovation-driven development strategy, responding to national "dual carbon" goals by upgrading products in its advantageous fields and increasing R&D investment to develop new technologies and products in various renewable energy sectors [6].

每经AI快讯，1月6日，据深交所网站，深圳证券交易所上市审核委员会定于2026年1月13日召开2026年 第1次上市审核委员会审议会议，审议杭州高特电子设备股份有限公司(首发)。 ...

"这笔贷款不只是资金的支持，更是信心的加持。它让我有了扩大经营的底气，也督促我更稳健地规划 未来，把事业做得更扎实。"在店面焕然一新的环境中，内蒙古科左中旗忧嘉贝尔的负责人王平喜悦之 情溢于言表。 资金赋能，变"大水漫灌"为"靶向施策"。政策重点面向农村牧区劳动力、高校毕业生、退役军人等10类 群体，实施差异化贷款额度，个人创业贷款最高可申请30万元，小微企业贷款最高额度提升至400万 元，精准匹配不同创业阶段需求。对资金紧缺的创业者，主动对接、优先审核、加快放款，切实缓 解"起步难、融资贵"问题，确保金融活水精准流向最需要的领域。 截至2025年年底，科左中旗已完成全年放贷目标，累计发放创业担保贷款55笔，共1179.5万元，直接带 动就业208人。全旗逐步构建起"贷得出去、用得有效、带动有力"的良性循环机制，创业生态持续优 化，发展活力不断迸发。 "让梦想照进现实，是我们发放贷款的初心。"科左中旗人力资源和就业服务中心副主任王妍表示，"下 一步，我们将继续打造'融资+服务'创业生态链，做追梦人最坚实的后盾，让每一个'梦想'都能在科左中 旗这片热土上落地生根、开花结果。"(包乌兰、呼斯乐图) 来源：通辽市人 ...

Core Viewpoint - The article discusses the fluctuations in the artificial intelligence sector on the ChiNext board, highlighting the performance of various stocks and ETFs related to AI and optical modules, with a focus on investment opportunities in the context of increasing demand for computing power and AI applications [1][3]. Group 1: Market Performance - On January 6, the ChiNext artificial intelligence sector experienced a decline, with notable pullbacks in optical module CPO concept stocks such as New Yi Sheng and Zhong Ji Xu Chuang, both dropping over 3% [1]. - In contrast, storage chips and AI application stocks showed strong performance, with Beijing Junzheng leading gains at over 8%, followed by Tonghuashun with over 7%, and several other stocks like Zhongke Chuangda and Tongniu Information rising over 3% [1]. - The ChiNext artificial intelligence ETF (159363) saw early morning fluctuations, initially dropping over 2% but later narrowing the decline to 0.49%, with a trading volume exceeding 700 million yuan and net subscriptions surpassing 10 million shares [1][2]. Group 2: Investment Opportunities - A report from Dongwu Securities highlights that by 2026, the overseas computing power chain is expected to maintain an upward trend, benefiting from the demand for optical interconnects driven by both overseas and domestic computing power needs [3]. - The high-end optical module market is projected to grow annually, with increasing visibility of demand extending further into the future, which will support rapid growth in the performance of supply chain companies [3]. - The report emphasizes three key investment directions: 1. High-certainty leading stocks that are integrated into the domestic and overseas computing power supply chain, which are expected to benefit significantly from the rapid growth of the optical interconnect industry [3]. 2. Critical material positioning in the supply chain, as the demand for high-speed optical modules will lead to significant growth in upstream optical chips and components [3]. 3. Potential new players in the supply chain, as increased demand for various products and customer needs may allow more suppliers to enter the core supply chain of major North American CSPs [4]. Group 3: ETF and Index Performance - The ChiNext artificial intelligence index achieved a remarkable annual growth of 106.35% in 2025, significantly outperforming other AI-themed indices [4]. - The first ChiNext artificial intelligence ETF (159363) is recommended for investment, focusing on leading optical module companies and capturing AI thematic market trends, with over 70% of its portfolio allocated to computing power and over 20% to AI applications [5].

Core Viewpoint - The AI sector in the ChiNext market is experiencing volatility, with significant fluctuations in stock prices, particularly in the optical module CPO concept stocks, while storage chips and AI applications show active performance [1][8]. Group 1: Market Performance - On January 6, the ChiNext AI index saw a decline, with notable drops in optical module CPO stocks like New Yi Sheng and Zhong Ji Xu Chuang, both falling over 3% [1][8]. - Conversely, stocks in the storage chip and AI application sectors performed well, with Beijing Junzheng leading with an increase of over 8%, followed by Tonghuashun with over 7%, and several others rising more than 3% [1][8]. - The ChiNext AI ETF (159363) experienced a morning drop of over 2%, which later narrowed to a decline of 0.49%, with a trading volume exceeding 700 million CNY and net subscriptions surpassing 10 million units [1][8]. Group 2: Investment Opportunities - A report from Dongwu Securities highlights that by 2026, the overseas computing power chain is expected to maintain upward momentum, benefiting from both overseas and domestic demand for optical interconnects [3][10]. - The high-end optical module market is projected to grow annually, with increasing visibility of demand extending further into the future, which will drive rapid growth in the performance of supply chain companies [3][10]. - The report emphasizes three key investment directions: 1. High-certainty leading stocks that are integrated into the domestic and overseas computing power supply chain, expected to benefit from the rapid growth of the optical interconnect industry [3][10]. 2. Critical material positioning in the supply chain, where the demand for high-speed optical modules will lead to significant growth in upstream optical chips and components [3][10]. 3. Potential new players in the supply chain, as increased demand for speed and products will allow more suppliers to enter the core supply chains of major North American CSPs [3][10]. Group 3: Index Performance - The ChiNext AI index achieved a remarkable annual growth rate of 106.35% in 2025, significantly outperforming other AI-related indices [4][11]. - The index's performance over the years from 2021 to 2025 shows fluctuations, with annual returns of 17.57%, -34.52%, 47.83%, 38.44%, and 106.35% respectively [12][11]. - The ChiNext AI ETF is designed to track this index, focusing over 70% of its portfolio on computing power and over 20% on AI applications, effectively capturing the AI theme market [12][6].

Group 1 - The pharmaceutical and biotechnology industry in China is expected to experience a convergence of industrial, policy, and capital cycles by 2026, leading to a performance inflection point and valuation reconstruction for innovative drugs [1] - Key areas of focus include next-generation innovative therapies represented by ADCs, bispecific/multispecific antibodies, cell and gene therapies, and small nucleic acids [1] - The medical device industry is seeing a reduction in policy impact, with domestic companies achieving technological breakthroughs in high-end sectors and rapid growth in overseas market expansion, indicating potential performance recovery for related companies [1] Group 2 - The blood products market is witnessing continuous growth in demand and plasma collection, with a clear trend of resource concentration towards leading companies [1] - The Guotai medical ETF (159377) tracks the innovative pharmaceutical index (399275), which has a daily price fluctuation limit of 20%, focusing on companies engaged in biotechnology, genetic engineering, and the development of new vaccines and drugs [1]

Group 1 - The article discusses three ETFs managed by E Fund that track different indices of the ChiNext market, focusing on their low fee rates and performance metrics [2] - The ChiNext Index consists of 100 stocks with large market capitalization and good liquidity, primarily in emerging industries, with nearly 60% of the index represented by the power equipment, communication, and electronics sectors [2] - The ChiNext 200 Index includes 200 mid-cap stocks, with over 40% of its representation in the information technology sector, reflecting the overall performance of mid-cap companies in the ChiNext market [2] - The ChiNext Growth Index tracks 50 stocks characterized by high growth potential and good liquidity, with approximately 85% of the index comprised of companies in the communication, power equipment, electronics, computer, and pharmaceutical sectors [2] Group 2 - As of the latest trading session, the ChiNext Index showed a slight decline of -0.0% with a rolling price-to-earnings ratio of 42.0 times [2] - The ChiNext 200 Index increased by 0.5% with a rolling price-to-earnings ratio of 108.1 times [2] - The ChiNext Growth Index experienced a minor decrease of -0.1% with a rolling price-to-earnings ratio of 41.5 times [2]

齐鲁晚报·齐鲁壹点 通讯员 王帅 山东深蓝智谱数字科技有限公司，一家从济南高新区破土而出的创业新星，用五年时间完成从"创业构 想"到"国家级高新技术企业"的跨越，从院士与企业家的跨界携手，到2700份田间样本筑牢数据根基； 从30万元留学人员启动资金催生萌芽，到150万元企业贷款破开瓶颈；从4人初创团队的默默耕耘，到94 项自主知识产权加持的行业标杆……其背后深藏的，正是济南市倾力打造的全链条创业培育密码。 点石成金，院士与创业者的"智慧碰撞" 故事的起点，始于会场上的一次偶然相遇。 2015年，宋志华海外学成归来，怀揣着对创新创业的热忱，毅然选择回到济南这片沃土，开始了他的创 业历程。2019年，在农业领域摸索了四年的宋志华发现，国内农业仍停留在传统农业物联网阶段，传感 器集成类产品因缺乏核心技术逐渐被市场淘汰，于是萌生了二次创业的想法，但如何借助技术力量，实 现农作物长势、病虫害等情况的实时精准感知，成为宋志华长久以来萦绕心头的创业瓶颈。 2019年9月的一场院士专家座谈会上，宋志华与澳大利亚科学技术与工程院院士张立人相遇。张立人院 士针对他的创业瓶颈提供了全新技术路径：可以运用低空高光谱遥感技术解决农业 ...

Group 1 - The core viewpoint of the articles indicates that the Hong Kong technology sector is experiencing a rebound after a period of adjustment, with significant inflows of capital and a favorable valuation environment [1][2] - The A-share technology index has led the rebound since November 2025, driven by demand for computing hardware, while the Hong Kong technology sector has lagged due to liquidity issues and a focus on software applications [1] - Recent data shows that on January 5, net inflows from southbound capital exceeded 18.2 billion yuan, indicating renewed interest in Hong Kong technology stocks as the market enters a new assessment cycle [1] Group 2 - The Hang Seng Technology Index ETF (513180.SH) serves as a benchmark index covering internet, hard technology, and new energy vehicle sectors [2] - The enhanced version of the Hang Seng Technology ETF (159101.SZ) adds exposure to the biotechnology sector and increases the weight limit for individual components to 15% [2] - The Hang Seng Internet ETF (513330.SH) focuses more on software applications and internet media, with major stocks like Alibaba, Tencent, and Meituan accounting for nearly 40% of its weight [2]

Core Viewpoint - The confirmation of the Rubin platform's full-scale production by Huang Renxun at CES 2026 is expected to inject growth momentum into the overseas computing power sector, with deliveries scheduled for the second half of 2026 [1] Group 1: Product Launch and Features - The Rubin platform integrates Vera CPU, Rubin GPU, NVLink 6, ConnectX-9 SuperNIC, BlueField-4 DPU, and Spectrum-6, and has entered mass production [1] - The platform's multi-chip heterogeneous collaboration aims to optimize performance, increasing the performance and quantity requirements for high-end PCBs and optical modules [1] Group 2: Market Impact - The delivery of the Rubin platform in the second half of 2026 is anticipated to enhance the average selling price (ASP) and shipment volume in the upstream supply chain, potentially activating a favorable cycle in the overseas computing power sector [1] Group 3: Related Investment Products - The E Fund (159140) focuses on AI-related stocks in the innovation and entrepreneurship sector, with significant exposure to both domestic and overseas computing power [1] - The formation of a MACD golden cross signal indicates positive momentum for these stocks [1]