Group 1 - The event "2025 Famous Taiwanese Businessmen Port Area Tour" was held in Zhengzhou Airport District, aiming to explore new development opportunities for Taiwanese enterprises [1] - Zhengzhou Airport has become a new highland for the gathering and development of Taiwanese-funded enterprises, contributing nearly 500 billion yuan in industrial output value and achieving a total import and export volume of 381 billion yuan in 2024 [3] - The airport district introduced four major trillion-yuan industrial clusters: semiconductor, smart terminal, high-end equipment, and biomedicine, focusing on the entire industrial chain from chip design to manufacturing and testing [3] Group 2 - The Zhengzhou Airport District is working to create a demonstration zone for the integration of smart manufacturing between the two sides of the Taiwan Strait, with a focus on building a semiconductor industry chain innovation consortium and a collaborative research center for smart equipment [3] - Multiple significant collaborations were established during the event, including the establishment of a "Cell Technology Transfer Cooperation Center" between the Taiwan Health Industry Alliance and Henan pharmaceutical companies, as well as eight key projects signed on-site covering semiconductor packaging testing and medical health [4]

Qualcomm has acquired the generative AI division of VinAI, an AI research company headquartered in Hanoi, for an undisclosed amount, the companies announced on Monday. The move marks Qualcomm's continued expansion into the AI tooling sector. VinAI, which was founded by former DeepMind research scientist Hung Bui, develops a range of generative AI technologies, including computer vision algorithms and language models. "This acquisition underscores our commitment to dedicating the necessary resources to R&D t ...

Core Viewpoint - PerkinElmer showcased its latest semiconductor technology solutions at SEMICON China 2025, emphasizing its leadership in analytical detection technologies across the semiconductor industry [2][4]. Group 1: Event Highlights - The exhibition featured advanced detection and analysis technologies, with live interactions to discuss applications and developments across the semiconductor supply chain [2]. - PerkinElmer's sales director for the semiconductor industry in China presented comprehensive analysis and detection technology solutions covering semiconductor processes [4]. Group 2: Featured Technologies - The company highlighted two star products: "NexION 5000 ICP-MS" and "GCMS 2400 Gas Chromatography-Mass Spectrometry platform," showcasing its innovative strength in semiconductor detection [4]. - The technology team introduced several new technologies and solutions, including: 1. **Semiconductor Wafer AMC Detection Technology**: This technology addresses the stringent requirements for air molecular contaminants (AMC) in semiconductor wafer manufacturing, focusing on precise analysis of trace elements in silicon wafers and semiconductor materials [5]. 2. **Semiconductor Equipment Material Analysis**: PerkinElmer provides comprehensive analysis solutions to ensure the performance, purity, and characteristics of semiconductor equipment materials, acting as a "quality guardian" [6]. 3. **Special Gas Detection Technology**: As semiconductor technology advances, the quality requirements for special gases become more stringent. PerkinElmer's detection technology accurately measures the purity and impurity content of gases like silane, ammonia, and phosphine [7]. Group 3: Industry Insights - The event included discussions with industry experts who shared insights on the semiconductor field, emphasizing the importance of precision instruments in AMC detection systems [10]. - Experts from various companies, including Profo's founder and representatives from Fulede and Shanghai Qiyuan Gas Development Co., discussed challenges and strategies in micro-pollution detection and semiconductor process optimization [11][12]. Group 4: Future Outlook - PerkinElmer is committed to providing high-quality analytical detection solutions for the semiconductor industry and aims to continue technological innovation while collaborating with partners to elevate the semiconductor industry [14].

对此，中国科学院院士、零一学院创始院长郑泉水表示，"今天睿思芯科发布中国首个全自研RISC-V服 务器CPU，具有特殊的意义。这不仅是一项技术突破，更是一个从源头创新到产业落地的典范。" （图片来源：unsplash） 4月1日消息，钛媒体AGI获悉，RISC-V领先厂商睿思芯科近日在深圳推出灵羽CPU处理器产品。 公司称，这是中国首款全自研高性能RISC-V架构的服务器芯片，从而满足高性能计算、全闪存储与 DeepSeek等开源大语言模型的应用场景。 睿思芯科创始人、董事长兼CEO谭章熹博士表示，灵羽处理器基于睿思芯科全自研的CPU核心IP与片上 网络IP，采用"一芯双核"的设计架构，由32个高性能通用计算核心（CPU）与8个智算专用核心 （LPU）组成，专为DeepSeek等开源大语言模型推理等任务优化，同时通过软硬件结合等技术实现创 新，显著提升运算中能效比以及优化总体拥有成本（TCO）。 睿思芯科称，灵羽处理器计算性能已比肩Intel、AMD等国际主流型号的服务器芯片。 生态方面，目前，灵羽处理器生态体系已拥有超过50家合作伙伴，涵盖关键器件厂商、整机OEM、系 统软件与行业解决方案，包括联想、商汤、 ...

Core Insights - The company, Juchip Technology, reported a revenue of 652 million yuan for 2024, representing a year-on-year growth of 25.34%, and a net profit of 107 million yuan, up 63.83% from the previous year [1][2] - The growth is attributed to the successful launch of popular products in the Bluetooth speaker chip market and an increase in the sales proportion of high-margin products [1][3] - The company has maintained a high level of R&D investment, with total R&D expenditure reaching 753 million yuan from 2020 to 2024, and a record R&D expense ratio of 32.98% in 2024 [1][5] Financial Performance - The net profit excluding non-recurring items for 2024 was 79 million yuan, reflecting a growth of 53.65% [2] - In Q4 2024, the company achieved a revenue of 185 million yuan, a year-on-year increase of 28.7%, and a net profit of 35.67 million yuan, up 96.7% [2][3] - The overall gross margin for 2024 reached 48.22%, an increase of 4.49 percentage points compared to the previous year [3] Product Development - Juchip Technology focuses on low-power AIoT chip design, with its main products being mid-to-high-end smart audio SoC chips [2][4] - The company’s AI processor chips saw a revenue increase of 141.08%, reaching 81.99 million yuan, while the smart wireless audio SoC chip series generated 486 million yuan, accounting for 74.54% of total revenue [3] - The company plans to launch the second generation of its MMSCIM chip in 2025, which will have three times the performance of the first generation [5] R&D Investment - R&D investment increased by 30.06% in 2024, totaling 215 million yuan, with a focus on core technology development in AI and wireless communication [5][6] - The company has a total of 337 global patents, including 300 invention patents, and has expanded its R&D team to 266 members, representing 73.08% of the total workforce [5][6]

廖原 尹欣驰 陈俊云 文 ｜ 许英博 徐涛 杨泽原 黄亚元 年初至今，中国科技资产估值快速修复后回落。现象级模型De e pSe e k显著改变全球投资人预期，Ma n u s亦展示AI Ag e n t的应用潜力，恒生科技 指数年内最高上涨3 9%。估值快速修复后，关于中国AI崛起的叙事逐渐变成共识，投资人转而关注：上市公司盈利预期、CAPEX支出增长、基 础模型新版本进度，以及AI应用能带来的效率提升等。 全年看，我们仍然维持对中国科技资产的乐观态度：技术进步和应用落地可期，盈利预 测亦具有向上弹性。 但同时我们看到，距离5月恒生科技一季报高峰期仍有时日，De e pSe e k、阿里通义千问、字节跳动豆包等大模型能力再次 跳升仍需等待。 我们判断，恒生科技可能进入估值快速提升之后短暂的休整期 ，后续上行的驱动因素将包括：1）大模型厂商的技术进步带来 的投资人预期跳升；2）头部互联网和云厂商的一季度业绩超预期或CAPEX指引强劲；3）AI在千行百业应用落地带来未来2 - 3年更广泛的企业 盈利预测上调；4）全球投资人在资产配置中增加中国资产的权重等。 我们判断，恒生科技资产估值快速提升带来溢出效应，可能带 ...

Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying stocks that can fulfill their potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - Marvell Technology (MRVL) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] - Marvell holds a favorable Growth Score and a top Zacks Rank, indicating strong potential for growth [2] Group 2: Earnings Growth - Historical EPS growth rate for Marvell is 16.4%, but projected EPS growth for this year is significantly higher at 75.6%, surpassing the industry average of 22.1% [5] Group 3: Cash Flow Growth - Marvell's year-over-year cash flow growth is 3.2%, which is better than many peers and contrasts with the industry average of -7.1% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 22.1%, compared to the industry average of 9.6% [7] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for Marvell have been revised upward, with the Zacks Consensus Estimate increasing by 4.4% over the past month [9] - The positive trend in earnings estimate revisions correlates strongly with near-term stock price movements, supporting Marvell's strong performance outlook [8] Group 5: Conclusion - Marvell has achieved a Zacks Rank 1 and a Growth Score of B, positioning it well for outperformance in the growth stock category [11]

Core Viewpoint - The Nasdaq-100 index, which includes the largest non-financial companies on the Nasdaq, has seen significant long-term growth but is currently facing challenges, particularly in the tech sector, with a notable decline in 2025 [1][2]. Group 1: Nasdaq-100 Performance - Over the last five years, the Nasdaq-100 has increased by 154%, but it has declined by approximately 8.4% in 2025 [2]. - The index's struggles are attributed to investor concerns regarding the economy, high valuations, and political factors, leading to sell-offs in AI and tech stocks [2]. Group 2: The Trade Desk (TTD) - The Trade Desk has experienced a nearly 53% decline in 2025, marking the worst performance in the Nasdaq-100 [2]. - The company's fourth-quarter revenue fell short of analyst estimates for the first time in over eight years, primarily due to slower adoption of its AI platform, Kokai [3]. - The Trade Desk controls $12 billion of ad spend in a $1 trillion advertising market and is undergoing a reorganization to enhance growth [3]. Group 3: Marvell Technology (MRVL) - Marvell Technology's stock is down nearly 44% in 2025, despite reporting adjusted earnings of $0.60 on revenue of $1.82 billion, which beat analyst estimates [5][6]. - The company's disappointing guidance for the first fiscal quarter of 2026 led to a significant drop in stock price, as investors expected more upside [6]. - Marvell's valuation has decreased from a peak of 80 times forward earnings to 24 times, making it more attractive, but it is likely to be influenced by the broader AI sector [7][8]. Group 4: Tesla (TSLA) - Tesla's stock is down nearly 35% in 2025, amidst concerns over CEO Elon Musk's political involvement and its impact on customer perception [9][10]. - The company faces challenges with declining deliveries in Europe and China, with analysts predicting the lowest delivery numbers in three years [10]. - Despite the struggles, there are expectations for potential growth from new revenue streams, including self-driving technology and robotics [11].

10派2.1元(含税) 前十大流通股东累计持有： 417.58万股，累计占流通股比： 25.74%，较上期变化： -185.67万股。 | 名称 | 持有数量(万股) | 占总股本比 | 增减情况 | | --- | --- | --- | --- | | | | 例(%) | (万股) | | 诺安成长混合 | 110.14 | 6.79 | 不变 | | 诺安优化配置混合A | 83.80 | 5.16 | 39.45 | | 金信稳健策略混合A | 49.25 | 3.04 | 新进 | | 德邦半导体产业混合发起式A | 47.13 | 2.90 | 新进 | | 香港中央结算有限公司 | 37.12 | 2.29 | 12.72 | | 永赢半导体产业智选混合发起A | 23.33 | 1.44 | 新进 | | 中欧瑾和灵活配置混合A | 23.01 | 1.42 | 新进 | | 南方中证1000ETF | 17.73 | 1.09 | 新进 | | 林辰 | 14.30 | 0.88 | 新进 | | MORGAN STANLEY & CO. INTERNATIONAL PLC. | 11.7 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.0800 | 0.3400 | -76.47 | 0.7200 | | 每股净资产（元） | 10 | 13.96 | -28.37 | 19.12 | | 每股公积金(元) | 8.15 | 11.71 | -30.4 | 16.74 | | 每股未分配利润(元) | 0.82 | 1.20 | -31.67 | 1.36 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 3.03 | 2.81 | 7.83 | 2.43 | | 净利润(亿元) | 0.18 | 0.72 | -75 | 1.08 | | 净资产收益率(%) | 0.84 | 3.44 | -75.58 | 5.66 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 3555.52万股，累计占流通股比： 24.65%，较 ...