Group 1 - The company InnoScience has established a strategic partnership with Guangdong Welling Electric Co., Ltd. (Midea Welling) to achieve breakthroughs in the home appliance motor drive sector [1] - Both parties will invest resources to focus on the application of Gallium Nitride (GaN) in household air conditioning motors, driving innovation and the development of new GaN products and solutions [1] - The product being mass-produced in collaboration with Midea Welling is InnoScience's Gen3.0 high-voltage 700V half-bridge GaN chip [1] Group 2 - InnoScience's 700V high-voltage GaN products have already been successfully mass-produced in Midea's range hood sector [1]

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，概不對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。 InnoScience (Suzhou) Technology Holding Co., Ltd. 英 諾 賽 科（ 蘇 州 ）科 技 股 份 有 限 公 司 本公告由英諾賽科（蘇州）科技股份有限公司（「本公司」，連同其附屬公司，「本集 團」）自願作出，旨在使本公司股東及潛在投資者了解本公司最新業務發展情況。 本公司宣佈，本公司已於近日與廣東威靈電機製造有限公司（「美的威靈」）達成戰 略合作，成功在家電電機驅動領域實現突破。雙方共同投入資源，聚焦氮化鎵在 家用空調電機應用領域的拓展，創新研發，推動氮化鎵新產品和方案在家電尤其 是空調領域的應用落地，引領空調產業的技術升級與迭代。 美的威靈專注於電機的研發和製造，年產能達2.2億台，在空調電機及洗滌電機 市場佔有率連續多年排名第一。美的威靈的主要客戶包括美的、小米、TCL、奧 克斯、海爾、日立等。經作出一切合理查詢後，就本公司董事所深知、盡悉及確 信，美的 ...

导 · 读 本周，江苏、河南、湖北、山西等地母基金密集 落 地，重点布局 新能源、新材料、人工智能、智能制 造、生物医药、集成电路 等领域。 基金设立层面，本周北京、福建、宁波、天津、吉林等地均有新基金设立，基金主要聚焦在 半导体、新 材料、人工智能、智能制造等领域。 值得关注的是， 中国证监会发布《关于在科创板设置科创成长层 增强制度包容性适应性的意 见》，其中明确 将引入资深专业机构投资者制度，面向优质科技型企业试点IPO预先审阅机制， 扩大科创板第五套标准适用范围。 苏州战新基金5支母基金招GP 目前，江苏省战略性新兴产业母基金两批产业专项基金已经签约落地，苏州战新基金矩阵共有7只 基金，其中5只为专项母基金，聚焦高端装备、生物医药、人工智能、低空经济、新能源及智能座 驾。近日，苏州战新基金发布了这5只母基金产业子基金管理机构遴选公告。 截至目前，首批总规模135亿元装备制造、生物医药战新母基金和未来产业天使基金，第二批总规 模105亿元人工智能、低空经济、新型能源及智能座驾战新母基金和苏州高校科技成果转化天使基 金，已全部注册落地，进入投资期。 今年以来战新基金直投项目20个，完成投资5.6亿元。其中 ...

（於中華人民共和國註冊成立的股份有限公司） （股份代號：2577） 臨時股東會通告 茲通告英諾賽科（蘇州）科技股份有限公司（「本公司」）謹訂於2025年7月9日（星 期三）下午四時假座中國江蘇省蘇州市吳江區黎里鎮北厙新黎路98號研發大樓9樓會議 室召開及舉行2025年第一次臨時股東會（「臨時股東會」），以審議並酌情通過下列決議 案： 特別決議案 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通告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本通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。 InnoScience (Suzhou) Technology Holding Co., Ltd. 英 諾 賽 科（ 蘇 州 ）科 技 股 份 有 限 公 司 香港，2025年6月19日 於本通告日期，董事會包括執行董事Weiwei Luo博士、Jay Hyung Son先生、吳 金剛博士及鍾山先生；非執行董事汪燦博士、張彥紅女士及崔米子女士；以及獨立非 執行董事黃顯榮先生，榮譽勛章，太平紳士、易繼明博士、楊士寧博士及陳正豪博士。 – 1 – 1. 審議及批准建 ...

此乃要件 請即處理 閣下如對本通函任何方面或將採取的行動有任何疑問，應諮詢股票經紀或其他註冊證券交易商、銀行經 理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下全部英諾賽科（蘇州）科技股份有限公司的股份，應立即將本通函連同隨附的代 表委任表格轉交買方或承讓人，或經手買賣或轉讓的銀行、股票經紀或其他代理商，以便轉交買方或承讓 人。 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通函的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示概不會就本通函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。 InnoScience (Suzhou) Technology Holding Co., Ltd. 英 諾 賽 科（ 蘇 州 ）科 技 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2577） 建議採納2025年股份獎勵計劃 建議修訂公司章程並取消監事會 建議修訂股東會議事規則 建議修訂董事會議事規則 及 臨時股東會通告 英諾賽科（蘇州）科技股份有限公司謹訂於2025年7月9日（星期三）下午四時假座中國江蘇省蘇州市吳江 區黎里鎮北厙新 ...

Core Viewpoint - The recent trend of semiconductor companies filing for IPOs in Hong Kong is expected to reshape the market, moving towards a focus on "hard technology" and international development platforms for Chinese firms [1][3][4]. Group 1: IPO Trends - Three semiconductor companies, including Jiewa Microelectronics, Shenzhen Huada Beidou, and Unisplendour, submitted their IPO applications to the Hong Kong Stock Exchange on June 12 [1]. - Since December of the previous year, ten A-share semiconductor companies have announced plans for Hong Kong IPOs, indicating a growing interest in the "A+H" listing model [1][4]. - Shenzhen Basic Semiconductor has become the first company in China's silicon carbide power device sector to apply for a Hong Kong IPO, highlighting the increasing focus on third-generation semiconductor materials [3]. Group 2: Market Dynamics - The shift towards Hong Kong IPOs is influenced by changes in listing policies, allowing specialized technology companies without revenue or profit to go public, thus attracting more semiconductor firms [3][4]. - The market is witnessing a transformation as it seeks to become a "value discovery hub," with a convergence of valuation assessment systems for domestic and international investors [4]. Group 3: Internationalization Strategy - Many leading A-share semiconductor companies are emphasizing their internationalization strategies and overseas business expansion, with foreign revenue and gross margins surpassing domestic figures [4]. - The complexity of international markets poses challenges for semiconductor companies venturing abroad, with mixed outcomes expected [4].

披露易官网显示，6月12日，杰华特微电子股份有限公司、深圳华大北斗科技股份有限公司、紫光股份 有限公司等3家半导体领域公司，均递交了港股IPO招股书。 半导体公司是此次港股IPO热潮的主力军之一，并且多家A股半导体公司意图打造"A+H"上市模式。据 不完全统计，自去年12月至今，10家A股半导体公司公告拟港股IPO，包含5家科创板公司。 此前，港股以金融、地产公司为主，生态重塑得益于多家互联网中概股上市，但之后被质疑缺乏硬科技 特色。此番半导体企业掀起赴港上市潮，有望推动港股迎来新一轮重塑。 "资本市场存在回流与向外的周期。"一家头部半导体设备公司高管赵明向记者表示，除了港股在制度上 寻求变革，中国半导体企业借助A股成长起来，正试图通过在港股上市打造国际化发展平台。 【导读】港股凸显硬科技特色，半导体企业掀起赴港上市潮 中国基金报记者 邱德坤 港股寻求"硬科技之变" 近日，深圳基本半导体股份有限公司向港交所递交上市申请，成为中国碳化硅功率器件领域首家申报港 股IPO的企业，也是第三代半导体材料企业集中港股IPO的新案例。 自2024年12月至今，碳化硅外延片供应商广东天域半导体股份有限公司、瀚天天成电子科技（ ...

Group 1 - Semiconductor stocks in Hong Kong continued to weaken in the afternoon session [1] - Macro Semiconductor (06908.HK) and Hua Hong Semiconductor (01347.HK) both fell over 3.5% [1] - InnoCare Pharma (02577.HK), Shanghai Fudan (01385.HK), and SMIC (00981.HK) all declined by more than 2% [1]

Core Viewpoint - Wolfspeed is facing significant financial distress, with a debt of $6.5 billion and cash reserves of only $1.3 billion, leading to speculation about potential bankruptcy [3][9]. Group 1: Wolfspeed's History and Market Position - Wolfspeed, originally part of Cree, was established in 1987 and focused on the commercialization of silicon carbide (SiC) materials in the LED sector. It became a leader in the wide bandgap semiconductor field, achieving a market share of over 60% [4]. - The company specializes in the research and manufacturing of SiC and gallium nitride (GaN) semiconductors, being the only global player with a fully integrated supply chain from substrate to device [4][5]. - Wolfspeed's product range includes discrete devices, power modules, and bare chips, serving markets such as electric vehicles, renewable energy, and industrial applications [4]. Group 2: Market Dynamics and Competition - The global market for compound semiconductors is projected to exceed $23.05 billion by 2024, with a compound annual growth rate (CAGR) of over 10% from 2024 to 2030 [12]. - Chinese manufacturers are rapidly gaining market share, with Wolfspeed's market share expected to drop to approximately 30% by 2024, a decline of over 30% since 2021 [10]. - Domestic companies like Tianyue Advanced and Tiankehua have emerged with competitive pricing, capturing significant market shares of 17.1% and 17.3%, respectively [10]. Group 3: Technological Advancements and Future Trends - The demand for SiC and GaN semiconductors is driven by the growth in electric vehicles, 5G communication, and renewable energy applications, with SiC devices improving electric vehicle range by 10% and increasing solar inverter efficiency to over 99% [17][18]. - The market for GaN is expected to exceed 30 billion yuan by 2025, with domestic companies capturing nearly 40% of the global market share [16]. - The compound semiconductor market is characterized by a structural contradiction, with oversupply in low-end segments and a shortage in high-end applications, prompting a shift towards technological upgrades [21]. Group 4: Investment Trends and Future Outlook - Investment in the compound semiconductor sector has cooled, with capital becoming more cautious due to increased cost pressures and intensified competition [22]. - Despite the current challenges, the long-term outlook remains positive, with significant financing events occurring in the sector, indicating ongoing interest from investors [22][23]. - The industry is expected to transition from chaotic competition to orderly differentiation, with companies that possess technological reserves and integrated supply chains likely to dominate the global market [22].

Core Viewpoint - The industrial market is seen as a promising area for semiconductor companies, especially with the rise of applications in artificial intelligence and smart industries, contrasting with the more cyclical consumer electronics market [1][2]. Group 1: Market Trends and Opportunities - The demand for chips has sharply declined due to geopolitical conflicts and weak end-user demand, affecting the industrial market as well [3]. - However, there are signs of recovery in the industrial market, particularly in emerging applications like humanoid robots and hydrogen energy [3][6]. - The humanoid robot market is projected to grow at a compound annual growth rate (CAGR) of 71% from 2021 to 2030, indicating significant potential despite existing technological challenges [6]. Group 2: Company Strategies and Focus Areas - The company has identified key focus areas within the industrial market, including automation, energy, and edge computing, to better respond to market changes [15]. - The company is restructuring its organization to enhance responsiveness to market trends, particularly in industrial automation and energy sectors [15]. - The company is actively promoting digital power solutions and energy storage products, leveraging partnerships with major suppliers like Infineon [16]. Group 3: Technological Integration and Support - The company is committed to providing comprehensive design solutions to assist clients in shortening product development cycles, including reference designs for industrial applications [19]. - A platform named "Dada Tong" has been established to facilitate online reference and support for developers, enhancing collaboration and problem-solving [20]. - The company is focusing on integrating resources to provide effective solutions for humanoid robots, particularly in the development of dexterous hands and related technologies [20].