瑞声科技(02018)发布公告，董事会欣然委任郑叔霆先生为公司独立非执行董事,于2026年1月27日起生 效。 ...

格隆汇1月27日丨瑞声科技(02018.HK)宣布，委任郑叔霆为公司独立非执行董事，于2026年1月27日起生 效。 ...

（於開曼群島註冊成立之有限公司） （股份代號：2018） 瑞聲科技控股有限公司董事會（「董事會」）成員載列如下： 執行董事： 潘政民先生 （行政總裁） 莫祖權先生 （常務董事） 非執行董事： 吳春媛女士 獨立非執行董事： 張宏江先生 （董事會主席） 郭琳廣先生 彭志遠先生 鄭光廷先生 鄭叔霆先生 董事名單與其角色和職能 董事會設有四個委員會。下表提供相關董事會成員在這些委員會中所擔任的職位： | | 委員會 | | | | | --- | --- | --- | --- | --- | | | 審核及 | | | 可持續發展 | | 董事 | 風險委員會 薪酬委員會 | | 提名委員會 | 委員會 | | 張宏江先生 | M | M | C | | | 郭琳廣先生 | C | M | | M | | 彭志遠先生 | M | C | M | M | | 吳春媛女士 | | | M | M | | 莫祖權先生 | | | | C | 附註： C 有關委員會主席 M 有關委員會成員 香港，2026年1月27日 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） （股份代號：2018） 委任獨立非執行董事 鄭先生曾在2010年1月至2014年1月期間擔任弗吉尼亞州商業與貿易部部長。此前， 鄭先生曾擔任資訊技術服務公司Computer & Hi-tech Management Inc.的始創人及 首席執行官，是一位從資訊技術承辦行業屢獲殊榮的科技企業家。 鄭先生持有老道明大學電腦科學學士學位、弗吉尼亞大學達頓商學院工商管理碩 士學位，以及喬治城大學法律中心法學博士學位。彼為弗吉尼亞律師協會和哥倫 比亞特區律師協會的會員。 1 鄭先生已與本公司簽署委任函，任期自2026年1月27日起直至本公司2028年股東週 年大會結束。一如委任獨立非執行董事的條款，雙方均可提前一週以書面通知對 方終止該委任函。鄭先生須於本公司下屆2026年股東週年大會上告退及膺選連任， 其後須本公司按章程細則最少每三年輪席退任及重選連任一次。鄭先生將享有年 度董事 ...

成分股中，金山云涨超4%，阿里巴巴-W、瑞声科技、哔哩哔哩-W、金山软件等多股飘红。 1月27日，港股早盘走势不一，有色、银行等防御板块涨幅领先，科技股回落。相关ETF中，港股科技 30ETF（513160）盘中一度翻红后回落下跌0.56%，实时溢价率为0.27%，盘中频现溢价交易。 Wind数据显示，资金流向方面，该ETF上个交易日(1月26日)净流入额为8008.26万元。该ETF最新流通 份额为53.67亿份，最新流通规模为67.37亿元。 消息面上，1月27日早间，阿里云官方微信公众平台消息显示，阿里正式发布千问旗舰推理模型Qwen3- Max-Thinking。该模型总参数量超万亿（1T），预训练数据量高达36T Tokens，是目前阿里规模最大、 能力最强的千问推理模型。 中泰证券指出，展望后市，港股市场在美联储降息预期和A股情绪持续回暖的支撑下，短期有望延续结 构性上涨。AI需求指引的持续好转，将使得港股科技成为最值得期待的方向，相关龙头公司有望受益 于AI产业的蓬勃发展。 港股科技30ETF（513160）紧密跟踪恒生港股通中国科技指数，该指数跟踪可经港股通买卖，从事科技 业务并于香港上市的内 ...

早在2018年年初，彼时努比亚（那时候还没有红魔品牌）在MWC上展出他们塞下了四个风扇的"概念 机"时，绝对不会想到往手机里加风扇的这个操作，有朝一日会变成潮流。 为什么如今的智能手机行业，突然就开始重视起内置风扇设计？其实一个很简单的理由，就是虽然第五代 骁龙8至尊版、天玑9500等顶级旗舰SoC确实性能进步巨大，能效相比前代也有显著提升，但只要能效提升 的幅度不如性能进步的速度快，那么在游戏这类高负载场景，手机实际的峰值功耗（和发热），就还是可 能会变得比过去更高，因此就需要更强的散热措施。 此外，还得考虑软件方面的因素。正是因为现在的高端机型性能越来越强，所以站在硬件（芯片和手机） 厂商的角度，他们也会鼓励软件厂商推出更"吃性能"的软件，比如更大型、画面更复杂的游戏，来彰显新 硬件的价值。而这又会进一步增加性能方面的负载，使得强力的散热设计变得更有必要。 为什么我们会这么说？一方面是因为我们知道，当时努比亚那台概念机里塞的四个风扇其实还没法正常工 作，因为彼时他们还没搞定能塞进手机里，真正起到散热作用的扇叶和风道设计。 另一方面，自从红魔3在2019年首创内置主动式散热风扇以来，在至少长达5年的时间里更 ...

本文源自：金融界AI电报 据香港交易所披露，摩根大通对瑞声科技控股有限公司的多头持仓比例于2026年1月21日从7.21%增至 7.28%。 ...

Core Insights - The report highlights the significant growth in Guangxi's foreign trade and consumption market, emphasizing the region's ongoing development and increasing quality of life for its residents [2][3][4]. Foreign Trade - During the 14th Five-Year Plan period, Guangxi's foreign trade imports and exports surpassed 800 billion yuan, with an average annual growth rate of 11%, and a 12.6% increase in trade with ASEAN countries [2]. - The "工贸强基" project aims to support 30 key projects, targeting a 36.9% increase in exports of electronic information industry intermediate products and an 18.4% increase in exports from leading industrial enterprises by 2025 [2]. - The "百展千企" initiative has expanded Guangxi enterprises' presence in ASEAN, the Middle East, and the EU, with expected growth rates of 8%, 21.6%, and 46.3% respectively in trade with these regions [2]. Consumption Market - The retail and catering sectors contributed approximately 13% to GDP growth during the 14th Five-Year Plan, with online retail sales growing over 10% annually [3]. - By 2025, the wholesale industry is projected to grow by 1.6%, retail by 6.8%, accommodation by 6%, and catering by 5%, with the overall contribution of these sectors to GDP growth reaching 11.67% [3]. - Over 21,000 enterprises participated in a consumption upgrade initiative, generating over 50 billion yuan in sales, enhancing consumer experience and affordability [3]. Foreign Investment - Guangxi has attracted over 7.3 billion USD in actual foreign investment during the 14th Five-Year Plan, with major companies like Foxconn and IKEA establishing operations in the region [3]. - The influx of new business models, such as Walmart's Sam's Club, has contributed to industrial transformation and increased employment opportunities [3]. Port Development - By 2025, Guangxi will have 22 open ports, with cargo throughput expected to reach 235 million tons (up 14%) and a cargo value of 1.53 trillion yuan (up 26.9%) [4]. - The ongoing development of ports and trade infrastructure is enhancing the quality of life for residents across urban and rural areas [4].

Core Insights - The focus of AI competition has shifted from model parameters to practical efficiency improvements and scalable applications, with Hong Kong positioning itself as a key bridge between global innovation and the vast Chinese market [1][2] Group 1: AI Integration and Market Trends - AI technology development has transitioned from competition in model scale to embedding deeply in the real economy to create measurable value [2] - The evaluation of AI implementation should consider three aspects: actual production efficiency enhancement, scalability, and quantifiable data value [2] - The current AI industry exhibits a diversified competitive landscape, where cost-effectiveness, industry penetration, and practical performance are critical for enterprise selection [2] Group 2: Role of Hong Kong in AI Development - Hong Kong is expected to play an irreplaceable role as a "super connector" in the Greater Bay Area's new productivity development by deepening collaboration with mainland cities like Shenzhen [1][4] - The Hong Kong Science and Technology University report emphasizes that technology development is a complex process requiring integration with institutional, industrial, social, and environmental systems [2][3] - Hong Kong's tech development has entered a "growth-driven" phase, but the local number of tech companies is relatively insufficient, leading to challenges in sustaining startup growth [4][6] Group 3: Investment and Ecosystem Development - Hong Kong's efficient and open capital market provides ample funding sources and flexible financing channels for innovation and technology enterprises [6] - Recent years have seen a shift in investment attitudes towards tech projects, with a focus on long-term growth rather than short-term returns, creating a positive feedback loop [6] - The establishment of the Lok Ma Chau Loop and the Hong Kong-Shenzhen Innovation and Technology Park is expected to facilitate the flow of key resources and accelerate the commercialization of technology [4][6]

Core Viewpoint - AAC Technologies is transitioning from being perceived as a mature consumer electronics supply chain company to a key player in the AI hardware ecosystem, having strategically positioned itself in multiple high-growth areas over the past three to five years [1][8]. Group 1: AI Edge and Hardware - The explosion of edge AI is fundamentally changing user interaction methods, with AAC's core capabilities in microphones, motors, and acoustic modules becoming essential components in AI devices [1][3]. - AAC's components are already integrated into major AI smartphones and devices from companies like Google and OpenAI, with a reported value contribution of approximately $40 per device [3]. - The company is also focusing on XR/AI glasses, where its optical waveguide technology is crucial, contributing around $270 in value per pair of glasses, representing over 70% of the core hardware cost [4]. Group 2: Strategic Acquisitions and Collaborations - AAC has signed an agreement to acquire Dispelix Oy, a company specializing in AR diffraction waveguide technology, expected to enhance its optical and precision manufacturing capabilities [4]. - The company is not only focusing on waveguide technology but is also developing a comprehensive AI smart glasses solution, integrating various components for high-end AR and AI glasses [4]. Group 3: Robotics and AI Cooling Solutions - AAC is targeting the humanoid robot market, focusing on high-value components and integrated services, with plans to reach the technical level of a $120,000 dexterous hand by late 2026 or early 2027 [5][6]. - The company is a core supplier for the iPhone 17 Pro/Pro Max's VC heat spreader, with projected revenue from cooling solutions expected to reach approximately 1.5 billion yuan in 2025, potentially doubling by 2026 [7]. Group 4: Share Buybacks and Incentives - AAC has repurchased approximately 27.27 million shares for about 1.06 billion HKD, demonstrating commitment to shareholder value amidst market volatility [8]. - The company has implemented a new share incentive plan for 2023, allowing for the issuance of up to 45 million shares, significantly larger than the previous plan, aligning the interests of the core team with shareholders [9]. Group 5: Financial Projections and Market Positioning - According to forecasts, AAC's revenue is expected to reach approximately 31.48 billion yuan in 2025, with long-term goals of 50-60 billion yuan by 2028/2029 [9]. - Despite positive fundamentals and growth potential, AAC's current valuation remains misaligned with its growth trajectory, often being undervalued as merely a smartphone supply chain stock [10].