公开资料显示，FORTIOR(峰岹科技)是一家芯片设计公司，专注于BLDC电机驱动控制芯片的设计与研 发。根据弗若斯特沙利文的资料：集团是中国首家专注于BLDC电机驱动控制芯片设计的芯片设计厂 商；及截至2023年12月31日，集团在中国BLDC电机主控及驱动芯片市场的份额达到4.8%(按收入计)， 排名第六，且集团为该市场前十大企业中唯一的中国企业。 值得一提的是，今年1月，公司公告与三花控股签署《合作框架协议》拟成立合资公司，其中三花控股 拟持有合资公司50%股权，公司拟持有合资公司36%股权。本次合作致力于空心杯电机(无槽永磁交流电 机)前沿技术研究，旨在突破关键技术瓶颈，深化产业应用。长城证券（002939）认为，公司在BLDC电 机驱控芯片领域处领先地位，24年加入广东省人形机器人创新中心，有望受益人形机器人量产推动增 长。 FORTIOR(01304)涨超9%，截至发稿，涨8.95%，报197.2港元，成交额8860.78万港元。 ...

公开资料显示，FORTIOR(峰岹科技)是一家芯片设计公司，专注于BLDC电机驱动控制芯片的设计与研 发。根据弗若斯特沙利文的资料：集团是中国首家专注于BLDC电机驱动控制芯片设计的芯片设计厂 商；及截至2023年12月31日，集团在中国BLDC电机主控及驱动芯片市场的份额达到4.8%(按收入计)， 排名第六，且集团为该市场前十大企业中唯一的中国企业。 智通财经APP获悉，FORTIOR(01304)涨超9%，截至发稿，涨8.95%，报197.2港元，成交额8860.78万港 元。 值得一提的是，今年1月，公司公告与三花控股签署《合作框架协议》拟成立合资公司，其中三花控股 拟持有合资公司50%股权，公司拟持有合资公司36%股权。本次合作致力于空心杯电机(无槽永磁交流电 机)前沿技术研究，旨在突破关键技术瓶颈，深化产业应用。长城证券认为，公司在BLDC电机驱控芯片 领域处领先地位，24年加入广东省人形机器人创新中心，有望受益人形机器人量产推动增长。 ...

Core Viewpoint - The article discusses the acquisition activities of Yachuang Electronics, highlighting its strategy to enhance control over semiconductor design and distribution companies, specifically through the acquisition of stakes in Ouchuangxin and Yihainengda, aiming for full ownership and increased market competitiveness [3][5][8]. Acquisition Details - Yachuang Electronics announced plans to acquire 40% of Ouchuangxin and 45% of Yihainengda, with the total transaction amounting to approximately 3.17 billion yuan [3][5]. - Prior to the acquisition, Yachuang held 60% of Ouchuangxin and 55% of Yihainengda, indicating a strategic move to consolidate its holdings [5][8]. Financial Overview - The acquisition prices are set at 200 million yuan for Ouchuangxin and 117 million yuan for Yihainengda, with a combination of share payments and cash [5][17]. - Yachuang's revenue for 2024 is projected to reach approximately 3.61 billion yuan, reflecting a 46.14% increase from 2023 [9][14]. Business Strategy - The company emphasizes a dual strategy of organic growth and external acquisitions to enhance operational efficiency and competitive edge in the semiconductor distribution and design sectors [8][10]. - Yachuang's distribution business remains dominant, accounting for 90% of its revenue, while its self-developed IC design contributes only 9.65% [8][14]. Market Position - The acquisitions are expected to strengthen Yachuang's market position in various sectors, including automotive electronics, industrial applications, and consumer electronics [7][12]. - The company has been actively pursuing acquisitions, having completed six asset transactions in the past year, indicating a robust growth trajectory [11][12]. Performance Metrics - Yachuang's revenue growth in the first half of the year reached 125.7%, driven by the expansion of its electronic component distribution business [14]. - The self-developed IC segment has shown steady performance, with sales reaching approximately 15 million yuan, primarily in automotive applications [14][13]. Industry Context - The semiconductor distribution industry is experiencing a valuation adjustment, with recent acquisitions reflecting lower PE multiples, suggesting a shift in market dynamics [17]. - The overall market for semiconductor distributors is showing signs of recovery, with Yachuang leading in revenue growth compared to peers [14][17].

中国经济网北京9月29日讯 翱捷科技(688220.SH)近日披露2025年半年度报告。2025年上半年，公司实现营业收入18.98亿元， 同比增长14.67%；归属于上市公司股东的净利润为-2.45亿元，上年同期为-2.65亿元；归属于上市公司股东的扣非净利润为-3.52亿 元，上年同期为-3.00亿元；经营活动产生的现金流量净额为-2.66亿元，上年同期为-3.94亿元。 | 主要会计数据 | 本报告期 (1-6月) | 上年同期 | 本报告期比上 年同期增减(%) | | --- | --- | --- | --- | | 营业收入 | 1. 898. 066. 392. 20 | 1.655, 184, 607. 09 | 14. 67 | | 利润总额 | -217, 076, 754. 98 | -247, 167, 195. 14 | 不适用 | | 归属于上市公司股东的净利润 | -245, 404, 285. 87 | -264, 705, 195. 12 | 不适用 | | 归属于上市公司股东的扣除非经常性 | -351.687.856.54 | -300, 447, 707. 06 | ...

Core Viewpoint - The launch of the 4K ultra-high-definition channel by Oriental TV marks a significant advancement in China's ultra-high-definition industry, driven by domestic chip technology and a complete industrial chain [3][4][9]. Industry and Company Summary - Oriental TV has officially become the ninth provincial satellite TV station in China to launch a 4K channel, emphasizing features such as all-day coverage and immersive viewing experiences [5][6]. - The channel's launch coincides with the introduction of a new 4K ultra-high-definition casting experience through the "Look Oriental" app, enhancing user engagement with high-quality visuals [5][9]. - Key domestic chip companies like Amlogic, Rockchip, and Allwinner Technology have provided essential technological support for the channel's launch, showcasing their flagship products at the event [4][6][7]. - Amlogic's S series SoC chips have been widely adopted in various smart terminal devices, with the company reporting a revenue of 1.801 billion yuan in Q2, a year-on-year increase of 9.94% [6]. - Rockchip's flagship products, including RK3588S-D and RK3528, have contributed to the company's revenue growth of 64% year-on-year, reaching 2.046 billion yuan in the first half of the year [7]. - The ultra-high-definition industry in China is experiencing rapid growth, supported by policies and market demand, with a complete industrial chain from core components to content production and terminal applications [9][10]. - The integration of AI and ultra-high-definition technology is expected to create significant value across various sectors, although challenges such as high production costs and increased data consumption remain [10][11]. - The Shanghai government's action plan aims to enhance core chip technology, improve display product standards, and increase the supply of ultra-high-definition terminal products, promoting a more mature industrial chain [10][11].

在超高清产业链条中，晶晨股份（688099.SH）、瑞芯微（603893.SH）、全志科技（300458.SZ）等国 内芯片设计企业早已深入布局，为此次东方卫视4K超高清频道的落地提供了从解码、传输到终端接收 的关键技术支持。这也是国产芯片经过多年发展实现技术跃迁，进而支持超高清产业"从无到有、从有 到优"的注解。 9月28日，东方卫视4K超高清频道正式开播，此次技术升级包括4K/8K分辨率、高帧率、HDR动态范 围，4K超高清技术的应用，将使新闻画面细节更加丰富，现场感显著增强，在时效性、真实性和沉浸 感方面实现全面提升。 国家广播电视总局已确定2025年为"超高清发展年"，超高清全链条升级正从技术探索阶段迈向规模化实 施阶段。 当观众享受东方卫视4K超高清画质时，或许不曾察觉指尖遥控器背后跳动的"中国芯"，正悄然改变着 我国超高清产业的发展脉络和竞争格局。 "国产芯"助力东方卫视4K超高清升级 随着频道正式开播，东方卫视正式成为国内第9家上星4K省级卫视，频道凸显"全天覆盖、全品呈现、 全维视听、全域体验"特色，重点打造新闻新看点、国传新视野、海派新纪实、经典新看法4条日播精品 节目带。 值得注意的是，东 ...

9月26日，A股上市不足两年的星宸科技发布公告，已向香港联交所递交招股书，拟在香港联交所主板 挂牌上市。星宸科技成立于2017年12月，于2024年3月28日在深圳证券交易所创业板上市。对于香港上 市，星宸科技表示，旨在为业务发展及扩张提供更多资金、建立国际融资平台、进一步提升品牌知名度 及整体竞争力等。星宸科技的主营业务为端边侧AISoC芯片的设计、研发及销售，根据弗若斯特沙利文 的资料，按2024年出货量计算，星宸科技是全球最大的视觉AISoC供货商。今年上半年，星宸科技实现 主营业务收入约13.85亿元，同比增长约19.18%。其中，智能安防业务收入9.09亿元、智能物联业务收 入3.25亿元智能车载业务收入约1.51亿元。（智通财经） ...

国内领先的芯片IP设计与服务提供商安谋科技（中国）有限公司（以下简称"安谋科技"）近 日宣布，正式推出自主研发的第三代高能效嵌入式芯片IP——"星辰"STAR-MC3。该产品基 于Arm®v8.1-M架构，向前兼容传统MCU架构，集成Arm Helium™技术，显著提升CPU在 AI计算方面的性能，同时兼具优异的面效比与能效比，实现高性能与低功耗设计，面向AIoT 智能物联网领域，为主控芯片及协处理器提供核芯架构，助力客户高效部署端侧AI应用。 STAR-MC3处理器概览 "星辰"STAR-MC3的发布，进一步完善了安谋科技"星辰"CPU IP家族在IoT、AIoT、车载电子和 机器人控制等领域的产品布局。未来，安谋科技将持续以技术创新为驱动，连接全球前沿技术，加 强自主IP研发布局，与生态伙伴协同共建开放合作平台，为国内"AI+"升级提供坚实的底层架构支 撑。 1. 更强的AI能力： 该产品创新性地将Helium技术扩展至传统架构MCU设计，可增强AI处理能 力，矢量计算性能较第一代产品，提升超200%。 2. 更广的兼容性： 让传统架构的嵌入式芯片无缝升级，用户可持续沿用上一代架构的内存结 构，无需额外升 ...

Investment Strategy - The first phase of the National Integrated Circuit Industry Investment Fund (大基金一期) was established in 2014 with a registered capital of 98.7 billion, and actual funds received were approximately 120 billion [3] - The second phase (大基金二期) was established in 2019 with a registered capital of 204.2 billion, and actual funds received were around 220 billion [3] - Significant investments from both phases were directed towards wafer manufacturing, including companies like SMIC, Hua Hong Semiconductor, and Changjiang Storage [3] - Investments also extended to the packaging segment, targeting companies such as Tongfu Microelectronics and Jiangsu Changjiang Electronics Technology [5] - The strategy focused on addressing the largest shortfall in the semiconductor industry, which is manufacturing, while also investing in the relatively stronger area of chip design [7] Management - The management of both phases is handled by Huaxin Investment Management Co., Ltd. (华芯), established in 2014 specifically for managing the fund [9] - The largest shareholder of Huaxin is the National Development Bank, which is also a significant contributor to the fund [9] - In the first phase, the Ministry of Finance was the largest contributor (36%), followed by the National Development Bank (22%) [10] - By the second phase, the Ministry of Finance remained the largest contributor (11.02%), with the National Development Bank as the second largest (10.78%) [10] - The first phase also involved Huaxin managing several market-oriented semiconductor funds to mitigate risks and enhance investment strategies [10] - By the second phase, Huaxin's investment capabilities had matured, managing 220 billion solely without additional fund managers [11]

按2024年的出货量计算，星宸科技是全球最大的视觉AI SoC供应商，占据26.7%的市场份额。 按2024年的出货量计算，星宸科技的安防视觉AI SoC位居全球首位，占据41.2%的市场份额。 按2025年上半年的出货量计算，星宸科技的机器人视觉AI SoC位居全球第二，占据23%的市场份额。 星宸科技始终秉持全栈核心技术的战略理念，持续开拓前沿技术研发。公司构建了以可复用的自研核心IP库、全套AI处理器工具链以及适用于多行业的音视 频AI算法库为基础的全系列核心技术平台。凭借先进的制程SoC设计能力，星宸科技能够快速集成并扩展核心IP于多元化应用领域，高速响应客户各式定制 化需求，提供灵活的系统级解决方案，实现芯片+算法效率最大化。公司敏捷的系统研发能力使其能够引领端边侧AI的创新，不断推出重新定义市场标准的 新一代SoC产品。 凭借长期耕耘SoC设计行业积累的敏锐市场洞察力，星宸科技精准锁定了与核心优势相契合且具有高增长潜力的市场。立足于视觉AI SoC领域，公司战略性 专注于具备持续领先地位的市场领域。星宸科技的解决方案已广泛应用于各类端边侧设备，涵盖智能安防、智能物联及智能车载领域，并持续拓展至快速 ...