Loongson Technology(SH:688047) Zheng Quan Shi Bao Wang·2025-09-09 11:31Core Viewpoint - The company aims to increase revenue from the open market to about 50% by 2027, focusing on competitive pricing and expanding its product ecosystem [2]. Group 1: Company Performance - In the first half of the year, the company achieved revenue of 244 million yuan, a year-on-year increase of 10.90%, while the net profit attributable to shareholders was -294 million yuan, compared to -238 million yuan in the same period last year [2]. - The revenue from industrial control chips grew by 61.09% year-on-year, driven by the recovery in the traditional security application market and the contribution of new products [2]. Group 2: Market Strategy - The company is the only domestic CPU manufacturer capable of conducting external technology licensing, aiming to create a "China's independent CPU" model through licensing to foreign companies [1]. - The focus is on developing a competitive ecosystem for its CPUs, with plans to establish a Linux software system and a binary translation system from X86 to its architecture [2]. Group 3: Future Outlook - The company is targeting the AI market with its chips, particularly for inference applications, starting with edge AI applications [3]. - The company anticipates a market correction in the high-performance computing chip sector, suggesting that its high-performance chips will emerge post-correction [4].