Summary of the Conference Call for Dow's Technology and New Bessen Company and Industry Overview - **Company**: Dow's Technology - **Industry**: Advanced Materials and Computing Technology Key Points and Arguments Production and Financial Performance - Dow's Technology expects significant growth in cathode copper shipments, increasing from 40,000 tons in 2023 to nearly 70,000 tons by the end of 2024 [2][3] - The net profit attributable to shareholders for the first half of 2025 is projected to be between 220 million to 240 million, representing approximately 100% year-on-year growth, primarily driven by the strategic resources department and the expansion of cathode copper production [3] Collaboration with New Bessen - Dow's Technology and New Bessen established the Guangdong Heqi Atomic Computing Center to leverage New Bessen's APU computing power for accelerating the R&D of key materials such as single-walled tubes, silicon-carbon anodes, and solid-state electrolytes [2][4] - The center aims to enhance R&D efficiency, significantly reducing the development cycle from years to months and lowering labor costs [4] APU Technology and Market Potential - New Bessen's APU chips, based on a non-Von Neumann architecture, overcome traditional storage wall bottlenecks, significantly improving computational speed and reducing power consumption [6] - The APU is expected to capture a substantial share of the supercomputing service market, estimated to reach 46.6 billion yuan in 2025, with a compound annual growth rate of about 20% [9][20] - The potential market for digital twin applications in materials R&D could reach hundreds of billions, driven by the APU's ability to enhance computational capabilities [9][21] Applications and Advantages of APU - The APU is designed for atomic-level scientific calculations, providing significant speed improvements over traditional CPUs and GPUs, thus enhancing research efficiency in various fields, including biochemistry and drug development [12][13] - The APU's lightweight design allows for high-performance computing with lower hardware resource consumption, creating a strong technological barrier and intellectual property protection [22] Transition and User Experience - Transitioning from traditional CPU/GPU to APU is designed to be seamless, requiring minimal changes in existing scripts, thus lowering the barrier for users [15][16] - The APU can be integrated into existing systems without the need for a complete ecosystem overhaul, facilitating easier adoption by research institutions and companies [16] Future Developments and Impact - The second-generation APU, expected to launch in 2026, will further enhance performance, potentially transforming the materials R&D paradigm by reducing reliance on expensive experimental methods [20][21] - The introduction of quantum computing in carbon nanotube research has significantly improved quality parameters and reduced development costs, showcasing the APU's impact on efficiency [23] Energy Efficiency and Sustainability - The new computing center aims to address speed and energy consumption issues, achieving significant energy efficiency improvements through an integrated storage-computation chip architecture [27] Strategic Vision - The joint venture, Guangdong Heqi, is structured with Dow's Technology holding 80% and New Bessen 20%, with plans for potential nationwide expansion based on market conditions [17] Additional Important Insights - The APU's application in various fields, including environmental science and geology, highlights its versatility and potential for broad industry impact [12][13] - The focus on physical AI and its integration with atomic-level simulations aims to revolutionize material design and optimization processes [25][26]