Core Insights - The aging population in China is driving growth in the niche market of senior-friendly toys, with a significant increase in search volume by 124% and transaction volume by 70% in 2024 [1] - The demand from the elderly demographic is becoming a catalyst for innovation in the toy industry, highlighting the potential of the silver economy [1] Industry Overview - Senior-friendly toys are defined as age-appropriate toys for the elderly, focusing more on functionality than entertainment, aiding in joint, muscle, memory, and cognitive training [2] - The market for senior-friendly toys is still in its infancy, primarily existing in the "gamification" phase of rehabilitation equipment [2] - The market size for senior-friendly toys was only 50 billion yuan at the end of last year, accounting for just 3% of the overall toy market [6] Market Dynamics - The elderly population aged 60 and above in China is projected to reach 310 million by the end of 2024, representing 22% of the total population [6] - The annual net increase of the elderly population is expected to exceed 10 million over the next decade, with the silver economy's contribution to GDP projected to rise from 6% to 9% by 2035 [6] Product Development and Innovation - Companies are integrating health and cognitive science into the design of senior-friendly toys, collaborating with hospitals and educational institutions [2] - The concept of "healthy aging" is being emphasized, with senior-friendly toys likened to a gym for the mind and body [2] Competitive Landscape - The local industry in Zhejiang Lishui Yunhe County benefits from a mature supply chain and government support, making it a fertile ground for the development of senior-friendly toys [6] - The company has begun exporting senior-friendly toys, identifying a gap in the European market for such products [7] Future Trends - There is potential for senior-friendly toys to evolve into health-monitoring tools that combine entertainment with health data generation [7] - Future developments may include more targeted products for specific elderly demographics, such as those with disabilities, and the introduction of competitive gaming elements similar to esports [8] - The ultimate goal may be the creation of intelligent, interactive toys that serve as companions for the elderly, enhancing their engagement and health [8]

Core Viewpoint - Ankai Micro has officially launched the AK1037 series low-power lock control SoC chip designed specifically for smart locks, featuring a RISC-V core and high integration with low power consumption [2] Group 1: Product Features - The AK1037 series chip integrates core functionalities such as fingerprint recognition acceleration, RFID card recognition, touch buttons, and voice broadcasting, showcasing high integration and low power consumption [2] - The chip demonstrates low power consumption in three key aspects: sleep mode current as low as 2uA, standby mode current optimized to 152uA, and support for low-power BLE broadcasting and connections [3] Group 2: Market Positioning - The launch of the AK1037 series enriches the company's "full-stack" smart lock solution product matrix, consolidating its technological advantages in the relevant niche market [2] - The company aims to enhance market share and customer loyalty by leveraging SoC architecture design and low power consumption technology, while continuing to deepen its layout in the IoT smart hardware sector [2]

Group 1 - The company officially launched the AK1037 series low-power lock control SoC chip designed for smart locks on August 1, 2025, featuring a RISC-V core and integrated functionalities such as fingerprint recognition, RFID card identification, touch buttons, and voice broadcasting [2] - The AK1037 series chip is characterized by high integration and low power consumption, and it can be applied to various terminals including smart access control attendance, home appliance control panels, and charging piles [2] Group 2 - The main configuration of the AK1037 series includes a 32-bit RISC-V CPU operating at 300MHz, 218KB SRAM, and options for 2MB or 4MB Flash memory [3][4] - The chip features built-in IHA fingerprint hardware acceleration, a security engine, and supports various interfaces such as Type A/B RFID and 15-channel touch buttons [5] Group 3 - The power management system includes an integrated BUCK13 efficient buck converter to optimize overall power consumption [6] - The chip supports low power consumption modes, with sleep mode current as low as 2uA and standby mode current optimized to 152uA [7] Group 4 - The launch of the AK1037 series enhances the company's "full-stack" smart lock solution product matrix, consolidating its technological advantages in the niche market, which is expected to increase market share and customer loyalty [9] - The company aims to leverage its SoC architecture design and low-power technology to deepen its presence in the IoT smart hardware sector, developing innovative and competitive chip series products and edge intelligent terminal solutions [9]

Core Viewpoint - Ankai Microelectronics has launched the AK1037 series low-power lock control SoC chip designed specifically for smart locks, enhancing its product matrix and market position in the IoT smart hardware sector [1] Group 1: Product Launch - The AK1037 series chip features a built-in RISC-V core and integrates key functionalities such as fingerprint recognition acceleration, RFID card recognition, touch buttons, and voice broadcasting, characterized by high integration and low power consumption [1] - The smart lock system platform based on the AK1037 series chip and the "turnkey" application solution have been completed, with potential applications extending to smart access control, attendance systems, home appliance control panels, and charging piles [1] Group 2: Market Position and Strategy - The launch of the AK1037 series chip enriches the company's "full-stack" smart lock solution product matrix, consolidating its technological advantages in related niche markets, which is beneficial for increasing market share and enhancing customer loyalty [1] - The company plans to leverage its SoC architecture design and low-power technology advantages to deepen its layout in the IoT smart hardware field, developing more innovative and competitive chip series products and edge intelligent terminal solutions [1] Group 3: Market Introduction and Sales - The newly released products are currently in the market introduction phase and have not yet achieved large-scale sales, indicating potential risks in market promotion and customer development progress [2] - The actual sales performance of the new products is influenced by multiple factors, including market promotion effectiveness, industry demand changes, market competition dynamics, and customer procurement strategies, making it difficult for the company to predict the specific impact on future operating performance [2] Group 4: Company Overview - Ankai Microelectronics primarily engages in the research and design of core SoC chips for IoT smart hardware, with products widely applied in smart home, smart security, smart office, and industrial IoT sectors [2] - The company has established seven core technologies, including SoC technology, ISP technology, machine learning technology, audio technology, video technology, communication technology, and system technology, with over 60 types of independently developed chip circuit design IP covering digital logic circuits, RF circuits, analog circuits, and mixed-signal circuits [2]

Group 1 - The company has officially launched the AK1037 series low-power lock control SoC chip designed specifically for smart locks, featuring a RISC-V core and integrated functionalities such as fingerprint recognition, RFID card recognition, touch buttons, and voice broadcasting [1] - The AK1037 series chip enhances the company's "full-stack" smart lock solution product matrix, solidifying its technological advantage in the relevant niche market, which is expected to increase market share and customer loyalty [1] - The company aims to leverage its SoC architecture design and low-power technology advantages to deepen its layout in the IoT smart hardware field, developing more innovative and competitive chip series products and intelligent terminal solutions [1] Group 2 - Key configurations of the AK1037 series include a 32-bit RISC-V CPU operating at 300MHz, 218KB SRAM, and options for 2MB or 4MB Flash memory, along with a retention SRAM suitable for sleep scenarios [2] - The chip features a sleep mode current as low as 2uA and standby mode current optimized to 152uA, indicating significant power efficiency [2] - The product supports various interfaces and peripherals, including Type A/B RFID, 15-channel touch buttons, and an integrated BLE module for mobile connectivity and OTA upgrades [2]