12月25日，深圳大普微电子股份有限公司(简称：大普微)深交所创业板IPO通过上市委会议。保荐机构为国泰海通证券， 拟募资18.7785亿元。 招股书显示，大普微主要从事数据中心企业级SSD产品的研发和销售，是业内领先、国内极少数具备企业级SSD"主控芯 片+固件算法+模组"全栈自研能力并实现批量出货的半导体存储产品提供商。 截至2025年6月30日，公司已取得国内外发明专利162项，可计算存储(Computational Storage Drives)、智能多流 (Intelligence Multi-Stream)、智能故障预测(Intelligent Failure Prediction)等多项企业级SSD技术处于业内领先水平。 财务方面，于2022年度、2023年度、2024年度以及2025年1-6月，大普微实现营业收入约为5.57亿元、5.19亿元、9.62亿 元以及7.48亿元人民币;同期，公司实现净利润分别约为-5.34亿元、-6.17亿元、-1.91亿元以及-3.54亿元。 | 项目 | 2025.6.30 | 2024.12.31 | 2023.12.31 | 2022.12.31 | | ...

在智能游戏/办公掌机领域，GPD(GamePad Digital)品牌始终是创新、个性化极致体验的代名词。其最新力作 —— GPD WIN 5 ，不仅以强悍性能刷新了"掌机生产力"的上限，更通过率先采用 佰维 Mini SSD， 为用户 带来 极速加载、自由扩容、可靠随行 的数据存储体验。 掌中性能"怪兽"，爽玩3A游戏 01 GPD WIN 5 延续品牌对"小而强"的追求，搭载 AMD 锐龙 AI Max+ 395 处理器、最高 128GB LPDDR5X 8000 MT/s 内存，并且集成了 Mini SSD可扩展存储方案 。这一强势"存算"组合，不仅能流畅运行 700 亿参 数大模型，还可轻松应对 8K 视频渲染、科学计算等专业负载，同时为 3A 游戏提供高帧率、低延迟的沉浸 式体验。 GPD WIN 5搭载的佰维 Mini SSD ，是专为端侧智能设备打造的高集成度存储解决方案。Mini SSD 基于 PCIe 4.0 ×2 与 NVMe 1.4 协议，提供高达 3700MB/s 的顺序读取速度和 850K IOPS 的 4K 随机读取性能，为 处理器与核显持续输送数据流。无论是大模型权重快速加载，还 ...

Core Insights - The recent GMIF 2025 Innovation Summit highlighted the technological innovations in storage controller chips, focusing on the shift towards intelligent and scenario-based solutions for AI applications [1][6] Group 1: Exhibition Highlights - Various industry chain enterprises showcased recent technological achievements, with Lianyun Technology's booth being a focal point for technical exchanges among storage module manufacturers, terminal device companies, and industry experts [2] - Lianyun Technology presented a comprehensive range of data storage controller chips and solutions covering consumer, industrial, enterprise, and embedded markets, emphasizing their product layout in multiple application scenarios [2] - The new PCIe 5.0 controller chip demonstrated features like intelligent power management and health inspection, aimed at enhancing SSD lifespan and reliability, particularly for AI inference scenarios [2][3] Group 2: Storage Technology Evolution - Lianyun Technology's General Manager, Li Guoyang, discussed the challenges and opportunities in storage technology in the AI era, noting that storage systems have become a key bottleneck in overall performance release [2] - Future storage technology is expected to evolve towards "intelligent, green, high-reliability, and customized" directions, with the role of controller chips transitioning from traditional storage controllers to intelligent storage engines capable of data management and predictive maintenance [2][3] Group 3: Industry Recognition - Lianyun Technology was awarded the "Outstanding Storage Industry Contribution Award" at the summit, recognizing its technological breakthroughs in storage controller chip architecture design and energy efficiency optimization [4] - The award reflects the industry's acknowledgment of Lianyun Technology's capabilities and the increasing recognition of the technical value of data storage controller chips as a critical component of AI infrastructure [4][5] Group 4: Industry Trends - The ongoing expansion of AI application scenarios is leading to significant changes in the technological evolution of storage controller chips, with a focus on energy efficiency and reliability becoming core performance indicators [6] - The industry is witnessing a shift from generic standardized products to customized solutions tailored for specific AI scenarios, highlighting the importance of collaboration across the entire industry chain [6] - The role of controller chip manufacturers is evolving from mere suppliers to active participants in product definition and development, fostering a collaborative innovation model within the industry [6] Conclusion - The summit conveyed a clear consensus that storage controller chips have upgraded from mere components to critical elements influencing the efficiency of overall infrastructure in the context of rapid AI development [7] - The breakthroughs in technology not only affect the performance of storage devices but also directly impact the energy efficiency and reliability of AI systems, marking the beginning of a new competitive phase in the storage controller industry [7]

Core Viewpoint - The establishment of Changjiang Storage Technology Holding Co., Ltd. marks the completion of its shareholding reform and an upgrade in corporate governance structure [2] Group 1: Investment and Financing - In April 2025, Yangyuan Beverage announced an investment of 1.6 billion in Changjiang Storage through its subsidiary, with 15 other institutions participating in the financing [2] - The total financing amount for Changjiang Storage has exceeded 10 billion, indicating strong institutional interest and a diversified shareholder base [2] Group 2: Business Ecosystem and Technical Strength - Changjiang Storage has developed a collaborative industrial ecosystem encompassing flash memory manufacturing, wafer foundry, packaging and testing, industrial investment, park operations, and innovation incubation [3] - The company has become a significant driving force in China's semiconductor industry, with its subsidiary Changjiang Storage being the only domestic 3D NAND manufacturer [3] Group 3: Product Innovations - The first product based on the Xtacking 4.0 architecture is a single-die 512Gb TLC product, set to be mass-produced in the first half of 2024, featuring a 50% increase in IO speed and over 48% improvement in storage density [4] - The second product, a 1Tb single-die TLC, also achieves a 50% increase in IO speed and a 36% improvement in storage density compared to the previous generation [4] - The third product is a 2Tb QLC storage solution, with a 42% increase in density and a throughput improvement of 147% [5] Group 4: Market Position and Future Outlook - Changjiang Storage has entered the Hurun Research Institute's "2025 Global Unicorn List" with a valuation of 160 billion, ranking 9th in China and 21st globally [5] - The company plans to continue leveraging its Xtacking architecture and collaborate with global partners to drive advancements in storage technology [6]