Group 1 - The three major indices opened lower and continued to decline, with technology sectors such as storage chips, AI, and advanced packaging experiencing a pullback [1] - The Sci-Tech Chip ETF (588200) fell over 2% with a trading volume exceeding 700 million yuan, and it has seen significant net inflows of over 800 million yuan in the last three trading days [1] - The Sci-Tech Chip ETF tracks an index that selects securities related to semiconductor materials, equipment, chip design, manufacturing, packaging, and testing from companies listed on the Sci-Tech Innovation Board [1] Group 2 - In April, 162 public fund institutions conducted a total of 9,796 research activities on A-share listed companies, marking a 129.47% month-on-month increase and setting a new high for research activity this year [2] - The electronic sector has gained attention due to breakthroughs in AI technology, increased demand for computing power, and continuous iterations in consumer electronics, with the semiconductor supply chain becoming a focal point [2] - Domestic support for the semiconductor industry is increasing, and the electronic sector is benefiting from policy incentives and external environmental catalysts, leading to a focus on companies in this space [2]

文｜胡依婷 在关键技术上，UbiPower创新采用"内存为中心"架构设计，通过全用户态软件栈与RDMA网络技术深度 融合。泛联信息CEO经宁表示，这与目前同类最优产品相比，可以提升50%并发任务承载量，同时降低 34%的平均时延，以更佳的性能为基座，构建"存储+智算"AI解决方案。 编辑｜袁斯来 这种微秒级响应特性，使其在大模型训练场景中可做到当千亿参数级AI模型进行高频权重更新时， UbiPower可确保每秒百万次IO请求的稳定吞吐，将随机选择的训练样本极速调度至GPU集群供训练使 用；同时实现千亿级参数模型的高速持久化存储，读写延迟大幅减少，最大程度提升GPU的资源利用 率。 硬氪获悉，国内分布式存储解决方案供应商深圳市泛联信息科技有限公司（以下简称"泛联信息"）近日 完成数千万元PreA+轮融资，由信芳资本领投，荔湾产投等机构跟投，宏博投资担任独家财务顾问。本 轮资金将重点投向分布式存储产品迭代开发、存算一体机等产品研发，以及销售体系的布局与升级等。 在产品组合应用上，UbiPower与UbiScale可构建分级存储方案以实现高性能和低成本的平衡，前者构建 PB级高性能存储层，后者扩展EB级海量存储池。 ...

证券代码：002916 证券简称：深南电路 深南电路股份有限公司投资者关系活动记录表 | 编号：2025-16 | | --- | | □特定对象调研 | □分析师会议 | □现场参观 | 投资者关系 | | | | | --- | --- | --- | --- | --- | --- | --- | | □媒体采访 | □业绩说明会 | □新闻发布会 | 活动类别 | | | | | □路演活动 | √其他 | （ | 券商策略会 | ） | 国泰君安自营、招商证券自营、淳厚基金、广发资管、浩成资产、红土创新基金、创富兆 | | | 业、源乘投资、红塔红土基金、平安证券、信达澳亚基金、Capstone | Capital、三井住友德 | 思资管、国任保险、玄甲私募、吉晟资产、东方阿尔法基金、华能贵诚信托、恒泰证券、 | | | | | | Schroders、世纪证券、恒立基金、Grand | Management、纽富斯投资、财信证 | Alliance | Asset | 券、方正证券、景顺长城基金、Hel | Ved Capital、Balyasny Asset | Management（HK）、贝 ...

市场消息：软银公司将致力于开发下一代存储芯片。 ...

软银公司将致力于开发下一代存储芯片。 ...

智通财经5月8日电，软银CEO表示，将致力于开发下一代存储芯片。 ...

传感器PC 应用拓展，外延收购拓宽模拟产品线。24 年公司传感器营收4.48亿元(YoY+27.20%)，毛利率 16.46% (YoY+0.46pct) ，其中手机市场份额持续增长，PC 领域进一步拓展：推出两款PC 指纹识别解决 方案并进入微软AVL 准入供应商名单。此外，公司外延收购苏州赛芯以加强电池管理和锂电保护等领 域技术储备，模拟产品线持续丰富。 投资建议：我们看好公司逐步构建的存储/MCU/传感器+模拟全面解决方案德多维增长空间，根据24 年 及1Q25 情况略调整费用率，预计25-27 公司归母净利润15.73//20.49/24.62 亿元（前值16.27/20.47 亿 元），当前股价对应PE 倍数为55/42/35 倍，维持"优于大市"评级。 风险提示：下游需求不及预期；新产品开发不及预期；国际关系恶化等。 1Q25 营收实现同环比增长。公司主要产品包括存储器、微控制器和传感器；其中存储器分为SPI NOR、SLC NAND 和DRAM，微控制器包括ARM 核和RISC-V 开源内核MCU，传感器包括触控和指纹 识别芯片。受益于行业回暖，公司24 年实现营收73.56 亿元(YoY+27 ...

证券研究报告 点评报告 2025 年 5 月 7 日 晨会纪要 第一创业证券研究所 分析师：郭强 证书编号：S1080524120001 电话：0755-23838533 邮箱：guoqiang@fcsc.com 晨会纪要 核[心Ta观bl点e_：Summary] 一、策略和先进制造组： 德国道路交通机构 KBA 周二表示，尽管该国纯电动汽车的销量总体上升，但是特 斯拉 4 月份在德国销量同比下降 45.9%。2025 年 1 月至 4 月特斯拉的销量同比下 降了 60.4%。同时中国比亚迪 4 月份在德国的销量跃升逾 8 倍，至 1566 辆，今 年年初以来的总销量增长近 5 倍，至 2791 辆。4 月特斯拉英国新车销量同比下 降 62%，为两年多来最低水平。由于美国对全球关税战，欧盟在进口中国电动车 领域的限制出现松动，同时国内新能源车的技术仍在快速迭代进步，因此在特斯 拉全球第三大市场欧洲销售受阻之际，我们看好今年本土品牌汽车的出口增长。 《科创板日报》报道，因为存储原厂宣布减产/转产 DDR4 和 LPDDR4X，近期存储 现货市场部分DDR颗粒和LPDDR4X资源供应紧俏，而手机客户原本库存相对健 ...

Core Viewpoint - The rapid evolution of computing power is reshaping the industrial landscape, with Shenzhen Yiatong Supply Chain Co., Ltd. emerging as a key player in the AI computing power supply chain, contributing significantly to China's digital economy growth [1][6]. Group 1: Company Strategy and Development - Yiatong has identified AI computing power, semiconductor storage, and industrial control as its strategic focus areas, establishing a "supply chain + industrial chain + incubator" model [2]. - The company integrates upstream and downstream resources through capital operations and technological innovation, forming a complete ecosystem covering hardware, software services, and industry applications [2]. - Yiatong's semiconductor division has seen a 48.93% year-on-year revenue growth in semiconductor storage distribution, thanks to deep collaborations with international giants like Samsung and Micron [2]. Group 2: Performance and Achievements - In 2024, Yiatong's AI computing power supply chain business achieved revenue of 827 million yuan, marking a 27.3% year-on-year increase, becoming a new growth engine for the company [3]. - The company has successfully delivered multiple domestic computing centers for leading enterprises in sectors like transportation and finance, enhancing the integration of the Hongmeng system [3]. - Yiatong's digital platforms, such as "Yiyi Home," have expanded nationwide, significantly reducing costs in brand circulation [3]. Group 3: Future Outlook and Innovations - Yiatong plans to increase investment in AI large model development and promote collaborative innovation across the industrial chain through data sharing [4]. - The company aims to leverage opportunities from the "Belt and Road" initiative to expand its computing service capabilities to major cities and emerging overseas markets [4]. - With advancements in semiconductor storage and a focus on consumer markets, Yiatong is positioned to become a key player in the smart era's data storage landscape [4]. Group 4: Transformation and Industry Impact - Yiatong's transformation from a traditional supply chain service provider to a leader in the computing power industry reflects the evolution of Chinese enterprises in the digital economy [5]. - The company has established a complex computing ecosystem through strategic investments and partnerships, enhancing its competitive edge in the market [5]. - Yiatong's innovative practices and capital operations demonstrate its ability to maintain a strong presence at the technological forefront while rapidly integrating quality resources across the industry [5].

深圳市德明利技术股份有限公司 投资者关系活动记录表 编号：2025-003 投资者关系 活动类别 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 ☑其他： 电话会议 活动参与人 员 见附件 时间 2025 年 5 月 6 日 地点 深圳市福田区新一代产业园 1 栋 24 楼公司办公室 上市公司接 待人员 李虎、褚伟晋、于海燕 形式 线上会议 交流内容及 具体问答记 录 1.问：企业级存储产品和消费级产品有什么区别？ 答：企业级存储合作模式更多是联合定制开发，通常是性能导向型， 并以项目合作方式开展业务，与消费级的差异体现在需求定义、服务深度、 交付和服务周期等多个方面。需求定义方面，企业级主要为定制化的性能 指标和规格类型，同时性能指标要求更高、覆盖更广，消费级产品多为标 准化参数，不同客户差异较小；服务深度方面，企业级产品多为深度技术 协同，与客户长期战略绑定共享性能技术演进路线，同时在技术、供应链、 采购、售后多个方面协同流程管控；在交付与服务周期方面，企业级产品 需要从产品定义到退役全周期绑定，保障定制化硬件版本长期供货，进而 导致议价周期方面，企业级客户要长 ...