Cambricon(SH:688256) Xin Lang Cai Jing·2025-11-11 06:27Core Viewpoint - The stock of Cambricon Technologies Co., Ltd. experienced a decline of 5.23% on November 11, closing at 1318.75 CNY per share, with a trading volume of 9.247 billion CNY and a turnover rate of 1.64%, resulting in a total market capitalization of 556.097 billion CNY [1] Company Overview - Cambricon Technologies, established on March 15, 2016, and listed on July 20, 2020, is located in Haidian District, Beijing. The company specializes in the research, design, and sales of artificial intelligence core chips for various cloud servers, edge computing devices, and terminal equipment [1] - The revenue composition of the company is as follows: cloud products account for 99.62%, other supplementary products for 0.32%, edge products for 0.05%, and IP licensing and software for 0.00% [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under Dacheng has a significant position in Cambricon. The Dacheng Value Pioneer Flexible Allocation A fund (011030) reduced its holdings by 200 shares in the third quarter, now holding 1,400 shares, which represents 5.45% of the fund's net value, making it the fourth-largest holding [2] - The Dacheng Value Pioneer Flexible Allocation A fund was established on May 19, 2021, with a latest scale of 17.3476 million CNY. Year-to-date, it has achieved a return of 32.89%, ranking 2642 out of 8147 in its category, and a one-year return of 30.24%, ranking 2176 out of 8056. Since its inception, it has incurred a loss of 17.14% [2] Fund Manager Performance - The fund managers of Dacheng Value Pioneer Flexible Allocation A are Wu Haoyang and Chen Ran. As of the latest update, Wu Haoyang has been in position for 1 year and 62 days, managing assets totaling 165 million CNY, with the best return during his tenure being 43.06% and the worst being 14.94% [3] - Chen Ran has been in position for 324 days, managing assets totaling 335 million CNY, with the best return during his tenure being 41.61% and the worst being 3.37% [3]