Zheng Quan Zhi Xing·2025-09-04 00:09Group 1: Company Insights - Panjing Investment recently conducted research on two listed companies: Lanke Technology and Zhongke Lanyun [1] - Lanke Technology's main products include memory interface chips, server platforms, and consumer electronics chips, primarily used in data centers and servers [1] - Zhongke Lanyun achieved a sales revenue of 444.45 million yuan in Q2, a quarter-on-quarter increase of 21%, and a net profit of 86.23 million yuan, a quarter-on-quarter increase of 92.10% [1] - Zhongke Lanyun has launched new products such as BT897X and BT891X, which have been adopted by brands like OnePlus, realme, and Honor [1] - The company is expanding its product lines to ten and focusing on AI empowerment and global layout while maintaining a reasonable gross margin through high-margin products and a stable supply chain [1] Group 2: Institutional Overview - Panjing Investment, established in 2016, is recognized as one of China's leading private equity investment fund managers [2] - The company operates on a partnership system and focuses on investment opportunities in Chinese listed companies while also having a broad layout in overseas markets, especially in Chinese concept stocks [2] - The firm emphasizes deep industry and company research as the sole basis for investment decisions and has built a leading internal research team [2]