Core Insights - Shenzhen Wanlian Technology Co., a subsidiary of Xinkailai, launched a self-developed next-generation ultra-high-speed real-time oscilloscope with a bandwidth exceeding 90GHz at the Bayxin Expo, which supports the R&D of advanced processes like 3nm and 5nm [1] Industry Overview - The oscilloscope is an essential tool in technology-intensive industries such as electronic information, semiconductors, and integrated circuits [1] - The high-end oscilloscope market in China has been dominated by Western manufacturers like Keysight, Tektronix, and LeCroy, with domestic manufacturers only able to provide mid-to-low-end oscilloscope products [1] Technical Comparison - Internationally, leading high-end oscilloscopes have bandwidths reaching over 60GHz, with the highest at 110GHz, while domestic manufacturers previously offered oscilloscopes with maximum bandwidths between 8GHz and 18GHz [1]

Core Viewpoint - Shenzhen Wanliyan Technology Co., Ltd., a subsidiary of Xinkailai, has launched a new generation of ultra-high-speed real-time oscilloscopes with a bandwidth exceeding 90GHz, supporting the development of 3nm and 5nm advanced processes [1] Group 1: Industry Context - Oscilloscopes are essential tools in technology-intensive industries such as electronic information, semiconductors, and integrated circuits [1] - The high-end oscilloscope market in China has been dominated by Western manufacturers like Keysight, Tektronix, and LeCroy, with domestic manufacturers only able to provide mid-to-low-end products [1] Group 2: Technical Comparison - Internationally, leading high-end oscilloscopes have bandwidths reaching over 60GHz, with the highest at 110GHz [1] - Previously, domestic manufacturers' oscilloscopes had bandwidths ranging from 8GHz to 18GHz, indicating a significant gap in technology [1]

Core Viewpoint - Shenzhen Wanlian Technology Co., Ltd., a subsidiary of Xinkailai, has launched a self-developed next-generation ultra-high-speed real-time oscilloscope with a bandwidth exceeding 90GHz, which supports the R&D of advanced processes such as 3nm and 5nm [1] Industry Summary - The oscilloscope is an essential tool in technology-intensive industries such as electronic information, semiconductors, and integrated circuits [1] - The high-end oscilloscope market in China has been dominated by Western manufacturers like Keysight, Tektronix, and LeCroy, with domestic manufacturers only able to provide mid-to-low-end oscilloscope products [1] - Internationally, leading high-end oscilloscopes have bandwidths reaching over 60GHz, with the highest at 110GHz, while domestic manufacturers previously offered oscilloscopes with maximum bandwidths between 8GHz and 18GHz [1]

Group 1 - The core viewpoint of the article highlights the participation of Wanliyan, a subsidiary of Xinkailai, at the 2025 Bay Chip Expo, showcasing its newly launched commercial products, particularly the 90GHz next-generation ultra-high-speed real-time oscilloscope [1] - The 90GHz oscilloscope supports 90GHz bandwidth signal acquisition, with each channel independently supporting a sampling rate of 200GSa/s and a maximum deep storage of 4Gpts [1] - The oscilloscope offers various acquisition modes, including real-time, segmented, high resolution, and peak detection [1]

Core Viewpoint - The 2025 Bay Chip Exhibition opened on October 15 in Shenzhen, showcasing advancements in high-speed technology, particularly a new generation of real-time oscilloscopes with significant bandwidth capabilities [1] Group 1: Company Highlights - Wanliyan, a subsidiary of Xinkailai, presented a new generation of ultra-high-speed real-time oscilloscopes at the exhibition [1] - The oscilloscope has achieved a bandwidth exceeding 90GHz, positioning it as the leading product in China and the second globally [1] Group 2: Industry Implications - The oscilloscope's applications span across semiconductor, 6G communication, optical communication, and intelligent driving sectors, indicating a broad industrialization potential [1]

Core Viewpoint - Dingyang Technology (688112.SH) has officially launched the SDS8000A series high bandwidth and high resolution digital oscilloscopes, featuring a bandwidth of up to 16GHz and 12-bit vertical resolution based on hardware ADC [1] Product Features - The SDS8000A series offers a maximum analog channel bandwidth of 16GHz and a real-time sampling rate of up to 40GSa/s per channel [1] - The storage depth can reach up to 2Gpts per channel, with a waveform capture rate of up to 500,000 wfm/s [1] - Each channel achieves an ultra-low background noise of 176µVrms (Typ.) [1] Application and Functionality - The product meets the demands for high-speed signal measurement and capturing small signals, providing consistency analysis functions for MIPI, DDR, PCIe, and Ethernet [1] - It includes eye diagram and jitter analysis tools, along with rich protocol decoding capabilities, offering comprehensive solutions for semiconductor R&D and high-speed communication system validation [1] Strategic Importance - The new product belongs to the high-end series, reflecting the company's technological innovation and product development capabilities [1] - It represents a significant achievement in the company's high-end product development strategy and marks an important milestone in the continuous innovation journey within the digital oscilloscope field [1] - The launch is expected to enhance the company's core competitiveness and positively impact its future development [1]

Core Viewpoint - Dingyang Technology (688112.SH) announced the official release of the SDS8000A series high bandwidth and high resolution digital oscilloscopes, featuring a bandwidth of up to 16GHz and a 12-bit vertical resolution based on hardware ADC, marking a significant milestone in the company's innovation journey in the digital oscilloscope sector [1] Product Features - The SDS8000A series oscilloscopes offer a maximum analog channel bandwidth of 16GHz and a real-time sampling rate of up to 40GSa/s per channel [1] - The storage depth can reach up to 2Gpts per channel, with a waveform capture rate of up to 500,000 wfm/s [1] - Each channel achieves an ultra-low background noise of 176µVrms (Typ.), catering to high-speed signal measurement and the capture of small signals [1] Application and Solutions - The new product provides consistency analysis functions for MIPI, DDR, PCIe, and Ethernet, along with eye diagram and jitter analysis tools, offering comprehensive solutions for semiconductor R&D and high-speed communication system validation [1] Strategic Importance - The release of the SDS8000A series reflects the company's technological innovation and product development capabilities, representing a key achievement in the company's high-end product development strategy [1] - This product launch is expected to enhance the company's core competitiveness and positively impact its future development [1]

Core Insights - Shenzhen Dingyang Technology Co., Ltd. has officially launched the SDS8000A series of high-bandwidth, high-resolution digital oscilloscopes, marking a significant achievement in the company's high-end strategy [1] Product Specifications - The SDS8000A series features a maximum analog channel bandwidth of 16GHz, a 12-bit vertical resolution, and a real-time sampling rate of 40GSa/s per channel [1] - The maximum storage depth is 2Gpts per channel, with a waveform capture rate of up to 500,000 wfm/s, and all four channels can achieve ultra-low background noise [1] Market Potential - The new product is designed to meet the needs of multiple fields and provides comprehensive solutions, enhancing product performance and competitiveness [1] - However, large-scale sales of the new product depend on customer trial evaluations, indicating a risk of market promotion not meeting expectations [1]

Group 1 - Foreign institutions have shown a high frequency and broad coverage in their research of A-share listed companies, with 415 foreign institutions conducting a total of 1,885 research sessions since the second half of the year [1][2] - Key sectors of focus for foreign institutions include industrial machinery, electronic components, integrated circuits, electronic instruments, and medical care equipment, with companies like Huichuan Technology, Estun, Huaming Equipment, and Optoelectronics receiving over 80 research sessions each [1][2] - Notable foreign institutions such as Point72, Goldman Sachs, Bank of America Securities, and Citigroup have been particularly active, with Point72 leading with 63 research sessions [2] Group 2 - The current global political and economic uncertainties have increased investor interest in assets with higher certainty, with China being viewed as a stable environment amidst complex geopolitical trends [2][3] - Significant trends such as the rise of emerging consumption, strong demand for export trade, and investments related to artificial intelligence (AI) are boosting market confidence in China's economic growth prospects [3] - Foreign institutions are optimistic about the long-term growth resilience of the Chinese economy and the trend of industrial upgrading, with a focus on technology, high-end manufacturing, and healthcare sectors [6] Group 3 - The healthcare equipment sector has also attracted significant attention from foreign institutions, with companies like United Imaging, Mindray, and Aohua Endoscopy seeing high research activity due to long-term growth drivers such as aging population and increased health awareness [5] - Foreign institutions are strategically positioning themselves in sectors like technology, high-end manufacturing, and healthcare, while also exploring structural opportunities in consumption and new energy [4] - The investment outlook for Chinese stocks remains positive, particularly for companies that continuously invest in R&D and possess core technologies with international competitiveness [4][6]

Group 1 - Foreign institutions have shown high frequency and broad coverage in their research on A-share listed companies, with 415 foreign institutions conducting a total of 1,885 research sessions since the second half of the year [1][2] - Key sectors of focus for foreign institutions include industrial machinery, electronic components, integrated circuits, electronic instruments, and medical equipment, with companies like Huichuan Technology, Estun, Huaming Equipment, and Optoelectronics receiving over 80 research sessions each [1][2] - Notable foreign institutions such as Point72, Goldman Sachs, Bank of America Securities, and Citigroup have been particularly active, with Point72 leading with 63 research sessions [2] Group 2 - The current global political and economic uncertainties have increased investor interest in assets with higher certainty, with China being viewed as a stable environment with strong economic resilience [2][3] - Emerging trends such as the rise of new consumption, strong demand for export trade, and investments related to artificial intelligence (AI) are boosting market confidence in China's economic growth prospects [3] - Foreign institutions are optimistic about sectors like technology, high-end manufacturing, and healthcare, with a clear investment logic emerging in these areas [4] Group 3 - The healthcare equipment sector has also attracted significant attention from foreign institutions, driven by long-term growth factors such as an aging population and increased health awareness among residents [5] - Foreign institutions recognize the long-term growth resilience of the Chinese economy and the trend of industrial upgrading, capturing investment opportunities through in-depth research [6]