长江商报消息 ●长江商报记者 江楚雅 君逸数码（301172.SZ）计划通过战略投资拓展新赛道。 近日，君逸数码宣布，拟以1.2亿元自有资金增资控股广东光宏精密科技有限公司（下称"光宏精 密"），正式切入增长潜力巨大的光学精密元组件领域。交易完成后，光宏精密成为君逸数码控股子公 司并纳入合并报表范围。 从战略价值来看，此次控股对君逸数码具有双重意义：一方面，公司得以切入上游核心光学部件领域， 形成技术协同效应，完善产业链布局；另一方面，可将光宏精密的光学制造能力与自身在智能物联、大 数据、AIGC应用的技术优势深度融合，有望在机器视觉、智能感知等前沿方向开发创新解决方案，进 一步强化整体竞争力。 多维度布局寻新增长点 事实上，在此之前，君逸数码已通过投资并购、战略合作、技术研发等多维度发力，持续完善业务布 局。 投资并购方面，2024年公司以自有资金收购成都海天数联科技有限公司60%股权，该公司专注企业级大 数据与数据智能产品，拥有自主知识产权的智能数字底座软件。同时，成立全资子公司四川君逸宜联数 字科技有限公司、控股子公司广东逸筑科技有限责任公司，进一步拓宽业务覆盖。 君逸数码近期业绩面临一定压力，2025 ...

二、请公司补充说明具体业务模式。 三、请公司补充说明境外子公司涉及的境外投资、外汇管理等监管程序具体履行情况，并就合规性出具 结论性意见。 四、请公司补充说明最近12个月内新增股东入股价格的合理性，该等入股价格之间存在差异的原因，并 就是否存在利益输送出具明确结论性意见。 五、请公司补充说明已实施的股权激励方案合规性，包括具体人员构成及任职情况，参与人员与发行人 其他股东、董事、监事、高级管理人员是否存在关联关系，以及价格公允性、协议约定情况、履行决策 程序情况、规范运行情况，并就其是否合法合规、是否存在利益输送出具明确结论性意见。 11月21日，中国证监会公布《境外发行上市备案补充材料要求(2025年11月17日—2025年11月21日)》。 中国证监会国际司公示7家企业补充材料要求，其中，公示提到要求聚芯微电子补充说明具体业务模式 等。据港交所9月29日披露，武汉聚芯微电子股份有限公司(简称：聚芯微电子)向港交所主板提交上市 申请书，海通国际和中信证券为联席保荐人。 六、请公司补充说明本次拟参与"全流通"的股东所持股份是否存在被质押、冻结或其他权利瑕疵的情 形。 中国证监会请聚芯微电子补充说明以下事项，请 ...

智通财经APP获悉，11月21日，中国证监会公布《境外发行上市备案补充材料要求(2025年11月17日— 2025年11月21日)》。中国证监会国际司公示7家企业补充材料要求，其中，公示提到要求聚芯微电子补 充说明具体业务模式等。据港交所9月29日披露，武汉聚芯微电子股份有限公司(简称：聚芯微电子)向 港交所主板提交上市申请书，海通国际和中信证券为联席保荐人。 中国证监会请聚芯微电子补充说明以下事项，请律师核查并出具明确的法律意见： 招股书显示，聚芯微电子是行业领先的智能感知、机器视觉及影像技术解决方案提供商，致力于通过高 性能数模混合信号芯片与优化算法的深度融合，赋能智能设备实现精准感知、卓越影像与智能化升级。 公司的技术围绕智能感知、机器视觉、影像技术三大核心领域，为机器人、物联网、移动智能设备、数 字孪生及汽车电子等高增长场景提供关键驱动力，显着提升交互效率与影像体验。依托领先的智能感知 技术平台，并结合创新的精密驱动技术，公司的解决方案构建了"感知 - 决策 - 执行"闭环的核心能力。 通过多模态传感融合与精准驱动的深度协同，公司致力于赋能智能设备突破复杂环境的感知极限，成为 智能设备创新先锋，引领感 ...

万物互联的时代，传感器是打通物理世界与数字空间的"神经末梢"。记者昨日从郑州高新区经济发 展部了解到，2025传感器大会将于11月29日至12月1日在郑举办。 烟雾报警器、酒精检测仪、上下班打卡的签到机……日常生活里，传感器让日用品有了"触觉""嗅 觉""知觉"，中国市场的表现尤为亮眼，成为全球产业版图中名副其实的"黄金赛道"。根据赛迪顾问发 布的《2024年传感器十大园区发展报告》显示，近年来，全球传感器市场规模不断增长。国内方面传感 器技术水平不断提升，市场规模迅速增长，2023年市场规模达3644.7亿元，其中智能传感器市场比重近 40%，3年复合增长率17.9%，增速连续多年高于全球。 连续六届传感器大会的举办，更成为产业发展的"加速器"。大会累计吸引91个签约项目，协议总金 额超790亿元，来自全球传感器领域最具影响力的科学家和企业家汇聚郑州，聚焦智能传感器、光纤传 感器、智能感知等主题，交流全球传感器科技、产业和应用的最新成果，汇聚行业顶尖资源，加速市场 与需求对接，助力郑州市打造传感器产业集群，为推动河南经济高质量发展注入新动能。 基于2018—2024传感器大会的良好效果，一年一度的"传感之约 ...

Core Insights - The company is a leader in the field of mechanical sensors in China, having built a vibrant "sensor industry forest" through continuous technological expansion and industrial integration [1] Company Overview - The company has transitioned from being a professional leader to an ecosystem builder in the sensor industry [1] - The interview features Ye Fangzhi, the Deputy General Manager and Secretary of the Board, discussing the company's growth journey [1]

Core Viewpoint - The State Council has issued an implementation opinion focusing on accelerating the cultivation and large-scale application of new scenarios across 22 key areas, emphasizing technological innovation and application in various sectors [1][9]. Group 1: New Field and New Track Application Scenarios - The opinion encourages exploring applications of technologies such as the metaverse, virtual reality, intelligent computing power, and robotics in office, social, consumer, and entertainment sectors to meet diverse development needs [3]. - It aims to expand application scenarios in industrial production, urban planning, comprehensive transportation, public services, safety protection, and agricultural production [3]. - The document promotes the widespread application of biotechnology in new materials, construction, energy, and environmental protection industries [3]. - It advocates for the application of clean energy in railways, public transport, sanitation, heavy trucks, agricultural machinery, and logistics [3]. - The cultivation and opening of scenarios related to deep-sea exploration, deep-sea mining, deep-sea aquaculture, marine engineering equipment, marine electronic information, and marine biomedicine are also highlighted [3]. Group 2: New Business Formats for Industrial Transformation and Upgrading - The opinion supports the innovation of flexible production lines, smart factories, green factories, high-standard digital parks, and zero-carbon parks [4]. - It encourages the development of smart traffic management, vehicle networking, and intelligent scheduling application scenarios [4]. - The document promotes the establishment of scenarios for unmanned transportation, unloading, delivery, and smart warehousing [4]. - It also supports the creation of application scenarios for specialized seed industries in arid, cold, plateau, and saline-alkali areas [4]. Group 3: Industry-Specific Application Scenarios - The opinion emphasizes the innovation of technologies and equipment for intelligent perception, unmanned rescue, and aerial rescue [5]. - It aims to construct high-level intelligent application scenarios for mining safety production, focusing on real-time perception of production conditions and risk prevention [5]. - The document promotes integrated monitoring and perception scenarios for water network engineering management and inspections of rivers, lakes, and reservoirs [5]. - It encourages the development of smart construction sites and dynamic digital models for construction processes [5]. - The opinion also includes application scenarios for ecological monitoring, governance, protection, and disaster prevention [5]. Group 4: Innovative Social Governance Services - The document highlights the exploration of public service scenarios for employment of new graduates, new employment forms, and migrant workers, as well as digital social security scenarios [6][7]. - It promotes the advancement of new urban infrastructure construction and the innovation of comprehensive digital transformation scenarios for cities [7]. - The opinion supports the opening of scenarios for harmonious rural development and digital rural construction [7].

Core Viewpoint - Wuhan Juxin Microelectronics Co., Ltd. (Juxin Micro) has officially submitted its listing application to the Hong Kong Stock Exchange, with Haitong International and CITIC Securities as the sole sponsors [2] Company Overview - Juxin Micro is a leading provider of intelligent perception, machine vision, and imaging technology solutions, focusing on the integration of high-performance mixed-signal chips and optimized algorithms to empower smart devices [2] - The company's technology is centered around three core areas: intelligent perception, machine vision, and imaging technology, providing critical drivers for high-growth scenarios such as robotics, IoT, mobile smart devices, digital twins, and automotive electronics [2] Financial Performance - Revenue for Juxin Micro is projected to be RMB 127.448 million, RMB 242.048 million, RMB 666.580 million, and RMB 400.233 million for the years 2022, 2023, 2024, and the first half of 2025, respectively [3] - The adjusted net profit for the same periods is expected to be -RMB 46.993 million, -RMB 25.456 million, RMB 71.072 million, and RMB 33.309 million, indicating a turnaround to profitability in 2024 [4] Customer Concentration - A significant portion of Juxin Micro's revenue comes from a few major clients, with total sales to the top five clients being RMB 1.27 billion, RMB 2.19 billion, RMB 5.21 billion, and RMB 3.27 billion for the respective years [4] - The largest customer accounted for 54.3%, 25.0%, 26.4%, and 28.6% of total revenue during the same periods, highlighting the company's reliance on key customers [4][5] Use of Proceeds - The funds raised from the listing will be used for key technology research and development in intelligent perception, machine vision, and imaging technology to strengthen the company's leading position and accelerate the commercialization of its products [5] - Additional uses include expanding the global sales and service network, promoting products globally, and strengthening relationships with customers, as well as strategic investments and acquisitions for long-term growth [5]

Core Viewpoint - The development of a miniaturized airborne gas sensing module by a team at Civil Aviation University of China enables drones to detect carbon monoxide (CO) concentrations as low as one part per million and create three-dimensional concentration distribution maps, marking a significant advancement in low-altitude environmental sensing technology [1][4]. Group 1: Technological Breakthrough - The new technology integrates hardware and software, allowing the sensor to function as an organic part of the drone's perception system, enhancing its ability to monitor environmental conditions [4]. - The gas sensing module, which is the size of a coin, utilizes nanocomposite materials to achieve high-performance CO detection, with a detection limit down to one part per million and a response time reduced to seconds [4][5]. - The system can provide early warnings for lithium battery thermal runaway by detecting CO, a characteristic gas produced during the early decomposition of the battery's electrolyte [4][5]. Group 2: Applications and Industry Impact - The technology has completed laboratory validation and initial flight tests, showing excellent performance stability, and is moving towards industrialization with partnerships in various sectors including environmental protection and emergency management [6]. - In smart environmental monitoring, drone fleets can conduct regular, grid-based surveillance to create high-resolution real-time 3D pollution maps and identify pollution sources accurately [6]. - In emergency rescue scenarios, drones can quickly arrive at accident sites and create real-time 3D diffusion maps of toxic gas clouds, providing precise guidance for rescue operations and public evacuation [6][7].

Core Viewpoint - Wuhan Juxin Microelectronics Co., Ltd. (Juxin Micro) has submitted its listing application to the Hong Kong Stock Exchange, aiming to raise funds for key technology research, global sales expansion, strategic investments, and working capital [1][3]. Financial Performance - Juxin Micro reported a revenue growth of 128.7% from 2022 to 2024, with revenues of RMB 127 million, RMB 242 million, RMB 667 million, and RMB 400 million for the respective years [13]. - The company achieved a turnaround in 2024, reporting a net profit of RMB 9.734 million after recognizing deferred tax assets of RMB 40.747 million, despite previous losses [14]. - However, in the first half of 2025, Juxin Micro faced a "revenue without profit" situation, with a 53.64% revenue increase but a 37.60% decline in adjusted net profit [14]. Customer Dependency - Juxin Micro has a significant reliance on a major client, referred to as Client E, which contributed 99.73% and 97.13% of the company's direct sales revenue in 2022 and 2023, respectively [2][19]. - The top five clients accounted for 99.7%, 90.5%, 78.3%, and 81.7% of total revenue during the reporting period, indicating a high customer concentration risk [19]. Funding and Valuation - Since its establishment, Juxin Micro has completed 10 rounds of financing, raising over RMB 1.1 billion, with notable investors including Xiaomi, OPPO, and ByteDance [3]. - As of June 2025, the post-investment valuation of the company was approximately RMB 5.31 billion [3]. Governance and Management - The board of directors consists of nine members, including four executive directors and three independent directors, with Liu Deheng serving as the chairman and CEO [10][8]. - The compensation for the board members varied, with Liu Deheng's remuneration significantly higher than that of other directors [10][12]. Profitability Challenges - Juxin Micro's gross margin has been declining, with rates of 27.6%, 23.6%, 23.4%, and 23.3% over the reporting period [16]. - The majority of revenue comes from smart sensing products, which have seen a decline in gross margin from 25.8% to 22.8% [17][16].

Core Insights - The article highlights the rapid growth and potential of the Brushless Direct Current Motor (BLDC) market, particularly in China, where the industry is expected to expand significantly from 28.6 billion yuan in 2019 to 84.8 billion yuan by 2024, with a compound annual growth rate (CAGR) of 24.28% [1][10]. Industry Overview - BLDC motors utilize electronic controllers for commutation, combining the advantages of DC motor speed control and AC motor structure, resulting in high efficiency and low noise [1][2]. - Compared to brushed DC motors, BLDC motors eliminate wear and tear associated with mechanical commutation, leading to longer lifespan and higher reliability, despite their more complex control systems and higher costs [1][5]. Policy Environment - The development of BLDC motors aligns with national strategies for green and low-carbon manufacturing, supported by various government policies aimed at promoting energy efficiency and technological upgrades [1][6]. Industry Chain - The BLDC motor industry chain includes upstream suppliers of raw materials like rare earth permanent magnets and electronic components, midstream manufacturers optimizing production processes, and downstream applications across diverse sectors such as home appliances, automotive electronics, and industrial automation [1][7]. Market Demand Structure - The demand for BLDC motors is diverse, with home appliances accounting for 42.3% of the market, industrial automation at 28.6%, and new energy vehicles at 19.8%, indicating a strong growth trajectory in these sectors [1][9]. Global and Chinese Market Analysis - The global BLDC motor market is projected to grow from 121.7 billion yuan in 2019 to 326.2 billion yuan by 2024, with a CAGR of 21.8%, while China's market is expected to exceed 100 billion yuan by 2025 [1][10]. Competitive Landscape - The Chinese BLDC motor industry features a competitive landscape where leading companies dominate high-end markets, while smaller firms focus on niche segments, creating a multi-tiered ecosystem [1][11]. Future Development Trends - The future of the BLDC motor industry will focus on technological advancements, industry integration, and expanding application scenarios, with an emphasis on smart sensing and algorithm-driven innovations [1][12][13].