股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 備註： 致：香港交易及結算所有限公司 公司名稱: 英諾賽科（蘇州）科技股份有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02577 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 525,541,187 | RMB | | 1 RMB | | 525,541,187 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 525,541,187 | RMB | | 1 RMB | | 525,541,187 | | 2. 股份分類 | 普通股 | 股份類別 | ...

Core Insights - InnoPhase has completed significant design integration of its products on Google's AI hardware platform and signed a compliant supply agreement, reinforcing its leadership in the gallium nitride (GaN) industry [2] - The company plans to focus on high-growth areas such as AI servers and data centers, collaborating with industry partners to commercialize its products to meet ongoing market and customer demands [2] Company Overview - InnoPhase is a leader in GaN process innovation and power device manufacturing, setting industry benchmarks for device design and performance [2] - The company promotes a culture of continuous innovation, enhancing GaN performance and market adoption [2] - Its product line spans GaN process nodes from 15V to 1200V, covering low, medium, and high voltage areas, providing robust GaN solutions including wafers, discrete devices, integrated power ICs, and modules [2] Market Applications - InnoPhase's products, backed by a strong patent portfolio, are widely used in key sectors such as consumer electronics, automotive electronics, data centers, renewable energy, and industrial power supplies, driving the future of GaN technology [2]

Market Overview - The US stock market experienced a decline, with the Chinese concept index dropping by 0.94%. The Hang Seng Index fell by 110.27 points, a decrease of 0.41%, closing at 26,724.50 points, while the Hang Seng Tech Index dropped by 120.19 points, down 2.20%, reaching a new low since mid-July 2025 [1] - Technology stocks, particularly those considered riskier, continued to decline, with Tencent falling nearly 4% after restrictions on its "Yuanbao Red Packet" link by WeChat. Other major players like Baidu, Meituan, and Xiaomi also saw declines of over 2%, while Bilibili dropped nearly 5% [1] - Chip stocks faced significant losses, with Shanghai Fudan down nearly 9%, Huahong Semiconductor down over 5%, and SMIC down nearly 3% [1] - The coal sector showed strength, with Feishang No Smoke Coal rising over 33%. Real estate stocks also performed well, with Sunac China up over 7% and China Resources Land up nearly 4% [1] Corporate Developments - In the technology sector, InnoCare successfully completed a significant design integration for AI hardware with Google, establishing a solid foundation in the AI hardware market [1] - Enoch Intelligent received a milestone payment of HKD 39 million from Menarini, marking a significant step in its pharmaceutical technology research [1] - Capital investment firm Shumeng Capital signed a contract worth USD 3 million with a Macau distributor, expanding its business footprint [1] Pharmaceutical Industry Highlights - Youzhiyou Biotech's M701 received FDA IND approval for a novel therapy targeting malignant pleural effusion, marking a new phase in international clinical development [2] - Xiansheng Pharmaceutical received a milestone payment of USD 40 million from AbbVie for the overseas licensing option agreement for SIM0500, highlighting its competitiveness in the international pharmaceutical market [2] - Kangfang Biotech granted exclusive commercialization rights for Yixinning® to Jichuan Pharmaceutical, resulting in significant licensing fees and milestone payments [2] - Federal Pharmaceuticals' UBT251 injection received implied clinical trial approval for a new indication, providing new treatment options for patients [2] Food Industry Performance - Nissin Foods reported strong performance in its China business segment, with revenue reaching JPY 54.948 billion, a year-on-year increase of 2.7%, and core operating profit of JPY 5.859 billion, up 9.3% [2] Capital Market Insights - Guotai Junan International noted a market shift from "liquidity-driven" to "profit-driven" dynamics, suggesting a focus on fundamental analysis rather than speculative trading [4] - CITIC Securities observed significant adjustments in Hong Kong stock earnings expectations, predicting a continuation of the spring market rally with large-cap stocks outperforming [4] - Huatai Securities indicated that the current market sentiment has shifted to optimism, suggesting a focus on companies with earnings certainty and potential for growth in technology and cyclical sectors [5] - Guoyuan International highlighted that Hong Kong stocks may continue to outperform US stocks due to favorable conditions for non-US assets and the potential recovery of domestic demand [5]

Group 1: Market Performance - The Shanghai Stock Exchange's Sci-Tech Innovation Board semiconductor materials and equipment index decreased by 0.85%, with component stocks showing mixed performance [1] - The semiconductor equipment ETF Huaxia (562590) fell by 0.47%, with a latest price of 1.89 yuan [1] - The Sci-Tech semiconductor ETF (588170) experienced a decline of 0.85%, with a latest price of 1.75 yuan [1] Group 2: Fund Flows - The latest net outflow for the Sci-Tech semiconductor ETF was 227 million yuan, while it had a net inflow of 389 million yuan over the past five trading days [2] - The Huaxia semiconductor equipment ETF had a net outflow of 109 million yuan, with a total net inflow of 64.74 million yuan over the past ten trading days [2] Group 3: Company Developments - InnoSilicon, a domestic leader in GaN technology, has begun bulk shipments of its GaN-based power chips to Google, marking its entry into the data center market [2] - InnoSilicon's GaN power chips improve power efficiency, reduce energy consumption, and lower operational costs, aligning with global tech giants' demands for energy efficiency and sustainability [2] - The company is collaborating with major power manufacturers and server ODMs to create a comprehensive GaN data center power supply solution ecosystem [2] Group 4: Industry Insights - The semiconductor equipment and materials industry is a key area for domestic substitution, characterized by low domestic replacement rates and high ceilings for domestic substitution [3] - The industry is expected to benefit from the semiconductor demand driven by the AI revolution, expansion, technological restructuring, and advancements in lithography technology [3] - The Sci-Tech semiconductor ETF and its associated funds track the semiconductor materials and equipment index, focusing on hard tech companies in the semiconductor sector [3][4]

Group 1: Market Overview - The Hong Kong stock market experienced fluctuations, with the Hang Seng Index closing at 23,831 points, down 145 points or 0.61% [1] - The market turnover decreased to 82.799 billion, with net inflows of 484 million from the Stock Connect [1] - The major indices in the US stock market collectively fell, with the S&P 500 index dropping nearly 1% and the Nasdaq down over 1% [2] Group 2: Sector Performance - In the Hong Kong market, local real estate, software, and 5G concept sectors saw significant declines, while gold stocks performed well [1] - The technology sector remains a core focus for future growth, particularly in AI applications and semiconductor industries, which are expected to benefit from government policies supporting technological self-reliance [3] Group 3: Company Highlights - CSPC Pharmaceutical Group saw an 8.1% increase in stock price after receiving a drug registration approval for a new product, which is expected to enhance its product line and drive performance growth [1] - China Railway Group, a recommended stock, experienced an 11.0% increase last week, indicating a potential opportunity for investors [3] - The report suggests continued attention on leading companies in the semiconductor industry, such as Hua Hong Semiconductor and SMIC, which are expected to benefit from domestic policy support [9]

Market Overview - The Hang Seng Index (HSI) has a short-term support reference at 26,000 points, with expectations for policy initiatives in the first quarter of 2026 focusing on expanding domestic demand and achieving technological self-reliance [2] - Despite geopolitical instability affecting risk appetite, the upgrade of AI large models is driving financing activities in the industry, supporting the AI market [2] - The HSI reached a high of 27,381 points but faced downward pressure due to hawkish signals from the Federal Reserve, with initial support seen at 26,000 points [2] Sector Outlook - Macau gaming stocks are favored due to January's gambling revenue exceeding expectations, with the upcoming Spring Festival expected to act as a catalyst [3] Company News - InnoCare Pharma (2577) signed a compliance supply agreement with Google [5] - Pony.ai (2026) expects a narrowing of losses for the previous year, with growth in investment fair value gains [5] - Tianqi Lithium (9696) plans to raise over 5.8 billion yuan through a 9% discounted share placement and convertible bonds to expand its lithium business [5] - HAP Pharmaceuticals (2142) anticipates a profit increase of at least 31 times for the previous year [5] Economic Indicators - The People's Bank of China conducted a 800 billion yuan reverse repurchase operation to maintain liquidity in the banking system [9] - The central government's focus for 2026 includes agricultural technology and mechanisms for increasing farmers' income, emphasizing the integration of AI with agricultural development [9] - The retail sales value in Hong Kong for December rose by 6.6% year-on-year, although it fell short of market expectations [10] - The purchasing managers' index (PMI) for Hong Kong in January rose to 52.3, indicating a continued improvement in the business environment [10]

Group 1 - Hong Kong chip stocks opened lower, with Shanghai Fudan (01385.HK) dropping over 4% [1] - Other stocks such as Hua Hong Semiconductor (01347.HK), Zhaoyi Innovation (03986.HK), SMIC (00981.HK), ZTE Corporation (00763.HK), and Biren Technology (06082.HK) also declined [1] - In contrast, InnoCare Pharma (02577.HK) saw a strong performance, rising over 6% [1]

客户端 英诺赛科（02577）早盘高开逾11%，截至发稿，股价上涨5.67%，报56.85港元，成交额2.50亿港元。 2月3日晚，英诺赛科发布公告称，公司旗下相关产品已完成了在谷歌公司相关AI硬件平台的重要设计 导入，并签订了合规的供货协议。这再次彰显了公司在技术先进性、产品性能和质量等方面在氮化镓行 业的领先地位。 公告指出，基于当前的项目开发与客户对接进展，公司将聚焦于AI服务器、数据中心等高增长潜力领 域，积极与产业链合作伙伴协作，合规地开展相关产品的商业化落地，满足市场及客户需求。 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 责任编辑：卢昱君 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 英诺赛科（02577）早盘高开逾11%，截至发稿，股价上涨5.67%，报56.85港元，成交额2.50亿港元。 2月3日晚，英诺赛科发布公告称，公司旗下相关产品已完成了在谷歌公司相关AI硬件平台的重要设计 导入，并签订了合规的供货协议。这再次彰显了公司在技术先进性、产品性能和质量等方面在氮化镓行 业的领先地位。 公告指出，基于当前的项目开发与客户对接进展，公司将聚 ...

公告指出，基于当前的项目开发与客户对接进展，公司将聚焦于AI服务器、数据中心等高增长潜力领 域，积极与产业链合作伙伴协作，合规地开展相关产品的商业化落地，满足市场及客户需求。 英诺赛科(02577)高开逾11%，截至发稿，涨11.15%，报59.8港元，成交额3322.49万港元。 消息面上，2月3日晚，英诺赛科发布公告称，公司旗下相关产品已完成了在谷歌公司相关AI硬件平台 的重要设计导入，并签订了合规的供货协议。这再次彰显了公司在技术先进性、产品性能和质量等方面 在氮化镓行业的领先地位。 ...

Core Viewpoint - InnoCare Technology (02577) has demonstrated its leading position in the gallium nitride industry by successfully integrating its products into Google's AI hardware platform and signing a compliant supply agreement [1] Group 1: Stock Performance - InnoCare Technology's stock opened over 11% higher and is currently up 11.15%, trading at HKD 59.8, with a transaction volume of HKD 33.2249 million [1] Group 2: Company Developments - The company announced that its products have completed significant design integration with Google's AI hardware platform, highlighting its technological advancement and product quality [1] - The announcement indicates that the company will focus on high-growth areas such as AI servers and data centers, collaborating with industry partners to commercialize related products [1]