Group 1 - Huawei reintroduced the Kirin chip at a product launch event after four years, showcasing the MateXTs and other products featuring the Kirin 9020 chip and Harmony OS, with an overall performance improvement of 36% [1] - The Kirin 9020 chip is positioned at the high-end processor level, comparable to a downclocked Snapdragon 8 Gen 2, with performance between Snapdragon 8+ and Snapdragon 8 Gen 2 [1] - The self-developed Kirin X90 chip utilizes Huawei's "Tai Shan V3" architecture based on the ARMv9 instruction set, featuring a first-time implementation of "hyper-threading + big.LITTLE heterogeneous" design on PC, with a core count increase of 30% compared to the previous Kirin 9000 series and a 40% improvement in energy efficiency [1] Group 2 - Shenzhen Huaqiang is a major authorized distributor for Huawei HiSilicon, distributing various IC products [2] - Pioneer Electronics collaborates with Huawei, applying HiSilicon chips in NB-IoT smart gas metering products [3]

Group 1 - Shanghai Yizhi Electronic Technology Co., Ltd. (Yizhi Electronics) is planning a new round of financing, with He Sheng New Materials (002290) intending to participate by investing 250 million yuan, which will give He Sheng a 10% stake in Yizhi Electronics at a pre-investment valuation of 2.25 billion yuan [1] - Yizhi Electronics has launched two series of ARM server processor chips, including the TF16000 and TF7000 series, targeting applications in visual AI, edge computing, AI, cloud computing, IoT, and information services [1][2] - Yizhi Electronics is developing the third-generation TF9000 series hybrid computing chip, optimized for general cloud computing and AI intelligent computing, expected to offer high performance and cost-effectiveness [2] Group 2 - He Sheng New Materials views the investment in Yizhi Electronics as a further attempt in the AI field, building on previous collaborations, including a joint venture established in March 2024 focused on AI chip development [3] - The partnership between He Sheng New Materials and Yizhi Electronics is expected to enhance their business cooperation, with Yizhi's ARM CPU supporting He Sheng's AI applications and He Sheng facilitating Yizhi's product reach to downstream customers [3] - He Sheng New Materials plans to collaborate closely with domestic hardware suppliers to improve AI computing chip performance, focusing on enhancing computing speed and reducing energy consumption [4]