华勤技术宣布战略投资晶合集成后二级市场双遇冷 行业人士推测合作或受AI需求驱动

Group 1 - ODM leader Huaqin Technology's strategic investment in Jinghe Integrated is attracting industry and market attention despite unexpected reactions in the secondary market [1] - On the first trading day after the announcement, both companies experienced a decline, with Huaqin Technology closing down 1.20% and Jinghe Integrated down 0.27% [1] - Industry experts express skepticism regarding the collaboration's logic, questioning the specific business synergies and the necessity of such a significant equity acquisition [1][2] Group 2 - Huaqin Technology is a core supplier for several well-known cloud service providers in China, with its server ODM business showing strong growth and capabilities [2] - The company's high-performance computing products generated revenue of 63.2 billion yuan in 2024, reflecting a year-on-year growth of 28.79% [2] - Jinghe Integrated is expected to make significant progress in its 28nm logic chip technology this year, with risk production anticipated by the end of the year [3] Group 3 - The 28nm logic platform from Jinghe Integrated supports various application chips, enhancing performance and reducing power consumption [3] - Huaqin Technology's position as a global leader in ODM for smart devices and high-performance computing is expected to create substantial demand for Jinghe Integrated's chip products, indicating potential upstream and downstream synergies [3]