AWINIC(SH:688798) Jing Ji Guan Cha Wang·2026-02-13 05:55Group 1 - The company has several strategic initiatives in 2026, including convertible bond issuance, new product mass production, and business structure transformation, which may significantly impact its future operations and strategy [1] - The company plans to issue up to 19,013,200 convertible bonds to raise a total of no more than 1.901 billion yuan for the construction of a global R&D center and the development of AI-related chips, automotive chips, and motion control chips [2] - The company's piezoelectric micro-pump liquid cooling active heat dissipation solution is expected to achieve mass production in Q4 2025, targeting high-performance computing heat dissipation needs, potentially creating new revenue streams [3] Group 2 - The company is transitioning from a focus on consumer electronics to high-value sectors such as industrial interconnect and automotive electronics, with these segments accounting for nearly 40% of total revenue in the first three quarters of 2025 [4] - The Ministry of Commerce initiated an anti-dumping investigation in September 2025 against certain analog chips from the U.S., which may accelerate the domestic substitution process and create a more favorable competitive environment for local companies like the company [5] - The company's 2025 earnings forecast indicates a year-on-year increase in net profit attributable to shareholders of 17.70% to 294.7 million yuan, reflecting improved profitability [6]