Core Viewpoint - Guoxin Technology has established a strategic cooperation framework with international automotive parts supplier Aptiv to promote the localization of automotive core chips and reduce dependence on foreign chips [2] Group 1: Company Development and Strategy - Guoxin Technology focuses on "self-controllable" and "domestic substitution" in its development, aiming to cover 95% of the market dominated by international manufacturers with its automotive electronic chip products [2] - The company has developed a complete product line of 12 automotive-grade chip products, including domain control chips, advanced driver assistance processing chips, and dedicated DSP chips for active noise cancellation, targeting high-end applications in power systems and safety airbags [2] - The vision and development strategy of Guoxin Technology is to develop domestically scarce products with high technical barriers and achieve performance levels comparable to international chip giants [2] Group 2: Competitive Positioning - Guoxin Technology is directly competing with international chip giants and advancing domestic substitution, having integrated key safety airbag chips into a single solution [3] - The demand for chips in vehicles has increased from 600-800 in traditional fuel vehicles to over 1000 in modern vehicles, making the self-controllable capability of domestic chips a key competitive factor [3] Group 3: Product Development and Market Expansion - In 2024, Guoxin Technology's cumulative shipments of automotive electronic chips are expected to exceed 10 million units, with ongoing development of products supporting 48V power systems [5] - The company is actively developing high-end autonomous chips and modules in fields such as information security and artificial intelligence, aiming to integrate AI technology with existing products [5] - Guoxin Technology has successfully tested a high-performance cloud security chip based on the RISC-V architecture, achieving industry-leading performance metrics [5][6] Group 4: Future Prospects - The company plans to expand its cloud security and quantum security chip designs, including the development of quantum-resistant cryptographic chips [6] - Guoxin Technology has launched two AIMCU chips based on the RISC-V CPU architecture, promoting applications in smart home and industrial automation sectors [6]

Market Performance - The main board led the gains with notable stocks such as Qiyuan Technology (+10.02%), Keyuan Wisdom (+10.01%), and China Great Wall (+10.01%) [1] - The ChiNext board saw significant increases with Guomin Technology (+20.02%) and Zhongyi Technology (+20.01%) leading the charge [1] - The Sci-Tech Innovation board was also strong, with Pingao Co. (+15.27%) and Huichen Co. (+15.19%) among the top performers [1] - Active sub-industries included SW Military Electronics (+6.39%) and SW Semiconductor Equipment (+5.86%) [1] Domestic News - Luotu Technology forecasts that the sales volume of China's smart wearable devices will reach 57.04 million units in 2024, a year-on-year increase of 14.2%, with expectations to exceed 71 million units in 2025, up approximately 24% [1] - Jiangbolong reported that its self-developed main control chips have exceeded 30 million units in application, with significant growth expected in enterprise storage revenue, projected to increase over 600% in 2024 [1] - Huawei's Qingtian L420x topped the latest performance ranking with a score of 8.23, featuring improved boot speed and enhanced file transfer efficiency [1] - Chengdu Woge has initiated a project for AMOLED display screen glass etching with a total investment of 628 million yuan, aiming to build a 77,000 square meter automated production facility [1] Company Announcements - Jiangfeng Electronics disclosed that the recent tariff policies will have a minimal impact on its operations, with exports to the U.S. accounting for only 1.19% of total revenue [3] - Guoxin Technology announced the successful internal testing of its high-performance cloud security chip based on the RISC-V architecture, featuring a CPU frequency of up to 1.4GHz [3] - Chengdu Huamei introduced a multi-channel integrated high-performance RF FPGA, providing solutions for high integration, low power consumption, and low latency [3] - Huanxu Electronics reported a consolidated revenue of 4.991 billion yuan for March 2025, reflecting a year-on-year growth of 10.23% and a quarter-on-quarter increase of 27.17% [3] Overseas News - TSMC may face fines of $1 billion or more due to investigations related to indirect violations of U.S. export control policies [4] - Samsung Electronics has initiated the development of 1nm process technology, with plans for mass production after 2029 [4] - Intel has made progress with its latest Intel 18A process technology, expected to be adopted in late 2025 [4] - SK Group is considering various plans, including the potential sale of SK Siltron shares [4]