Group 1 - InnoCare (02577.HK) has partnered with NVIDIA to promote the large-scale implementation of the 800 VDC power architecture in AI data centers, which is designed for efficient power supply in megawatt-level computing infrastructure [1] - The 800 VDC system offers significant advantages over traditional 54V systems in terms of efficiency, thermal loss, and reliability, enabling a 100-1000 times increase in AI computing power [1] - The company's third-generation GaN devices provide a comprehensive power solution from 800V input to GPU terminals, covering a voltage range from 15V to 1200V [1] Group 2 - China Ruyi (00136.HK) received a strategic investment of HKD 3.9 billion from Wuji Capital to accelerate business expansion and acquisition plans [2] - LEPU Biopharma-B (02157.HK) has authorized T-cell connector technology with an upfront payment of USD 10 million and potential milestone payments of up to USD 850 million [2] - Sinopec Engineering (02386.HK) signed a front-end engineering design (FEED) contract for a large green hydrogen project in Yanbu, Saudi Arabia [2] Group 3 - Geely Automobile (00175.HK) reported total vehicle sales of 237,700 units in July, a year-on-year increase of 58% [3] - Great Wall Motors (02333.HK) achieved approximately 104,372 vehicle sales in July, reflecting a year-on-year growth of 14.34% [3] - NIO-SW (09866.HK) delivered 21,017 vehicles in July [3]

Core Viewpoint - InnoPhase has officially announced a partnership with NVIDIA to promote the large-scale implementation of the 800VDC power architecture in AI data centers, which offers significant advantages over traditional power systems [1][2] Group 1: Partnership with NVIDIA - The collaboration aims to leverage NVIDIA's new generation 800VDC power system, designed for efficient power supply in megawatt-level computing infrastructure, enhancing system efficiency, thermal loss, and reliability [1] - The partnership is expected to enable AI computing power to increase by 100 to 1000 times, marking a significant advancement in AI data center capabilities [1] Group 2: Technological Advancements - InnoPhase's third-generation GaN devices provide a comprehensive power solution from 800V input to GPU terminals, covering a voltage range from 15V to 1200V, which is crucial for the 800VDC architecture [1] - The integration of GaN technology with NVIDIA's 800VDC power architecture is projected to facilitate a transition from kilowatt to megawatt capabilities in AI data centers, promoting a more efficient, reliable, and environmentally friendly AI computing era [1] Group 3: Market Impact - Following the announcement, InnoPhase's stock price surged by 30.91%, reaching HKD 57.6, with a total market capitalization of HKD 51.517 billion [2] - In addition to the partnership with NVIDIA, InnoPhase has established a joint laboratory with a leading automotive electronics supplier to develop advanced power electronics systems for electric vehicles, leveraging GaN technology [2]

Core Insights - In a significant development, the domestic GaN leader, InnoScience, has entered into a partnership with NVIDIA to promote the large-scale implementation of the 800VDC power architecture in AI data centers, leading to a surge in its stock price by over 60% during trading on August 1 [1][3]. Company Summary - InnoScience's stock closed at 57.60 HKD per share, reflecting a 30.91% increase on the day of the announcement [1]. - The collaboration aims to leverage InnoScience's third-generation GaN devices, which offer high frequency, efficiency, and power density, to provide a comprehensive GaN power solution for NVIDIA's 800VDC architecture [3]. Industry Summary - The 800VDC architecture is designed to enhance efficiency, reduce thermal losses, and improve reliability compared to traditional 54V systems, potentially increasing AI computing power by 100 to 1000 times [3]. - The new architecture simplifies the power distribution process in data centers by directly converting 13.8 kV AC power to 800 V HVDC, minimizing energy losses and system complexity [6]. - By 2027, the 800 V HVDC data centers are expected to be fully operational alongside NVIDIA's Kyber rack-level systems, addressing the growing computational demands of AI workloads while reducing total cost of ownership (TCO) by up to 30% [6].

Core Viewpoint - The article highlights the significant collaboration between InnoScience and NVIDIA, focusing on the implementation of the 800VDC power architecture in AI data centers, which is expected to enhance efficiency and performance in AI computing [3]. Group 1: Collaboration and Market Impact - InnoScience's stock surged by over 60% during trading on August 1, reaching a new high since its listing, closing up 30.91% at HKD 57.60 per share following the announcement of the partnership with NVIDIA [1][3]. - The collaboration aims to promote the large-scale deployment of the 800VDC power architecture, which is designed for high-efficiency power supply in megawatt-level computing infrastructures [3]. Group 2: Technical Advantages of 800VDC Architecture - The 800VDC architecture offers significant advantages over traditional 54V systems, including improved system efficiency, reduced thermal losses, and enhanced reliability, enabling a 100 to 1000 times increase in AI computing power [3][5]. - InnoScience's third-generation GaN devices provide a comprehensive power solution from 800V input to GPU terminals, covering a voltage range from 15V to 1200V, facilitating the integration of GaN technology with NVIDIA's architecture [3]. Group 3: Future Prospects and Cost Efficiency - The 800V HVDC architecture is positioned as a future-proof solution for AI infrastructure, with full-scale production expected by 2027, ensuring scalability for increasingly demanding AI workloads [5]. - The implementation of this architecture could reduce the total cost of ownership (TCO) by up to 30% through improved efficiency and system architecture enhancements [5].

Core Viewpoint - The partnership between InnoPhase and NVIDIA marks a significant advancement in the development of 800V direct current (DC) power architecture for AI data centers, which is expected to enhance efficiency and reliability in power supply systems [3][6]. Group 1: Stock Performance - On August 1, InnoPhase's stock price surged, reaching a peak increase of over 60%, with a market capitalization exceeding 640 billion HKD [1][5]. - The stock closed with a 30.91% increase at 57.6 HKD per share, with a trading volume that exceeded 42 billion HKD, representing an increase of over 1800% compared to the previous trading day [5]. Group 2: Partnership Details - InnoPhase has been officially recognized as a chip supplier for NVIDIA's 800V DC power architecture, indicating a deep collaboration aimed at scaling this technology in AI data centers [3][6]. - The 800V DC architecture is designed to support the increasing power demands of modern AI workloads, transitioning from traditional 54V systems to accommodate megawatt-scale racks starting in 2027 [5][6]. Group 3: Technological Advancements - InnoPhase's third-generation GaN devices are noted for their high efficiency and power density, providing a comprehensive power solution from 800V input to GPU terminals, covering a range from 15V to 1200V [6][10]. - The integration of GaN technology with NVIDIA's 800V DC architecture is expected to facilitate a leap from kilowatt to megawatt capabilities in AI data centers, promoting a more efficient and environmentally friendly computing era [6][11]. Group 4: Company Background - InnoPhase, established in December 2015, focuses on the research and industrialization of third-generation semiconductor silicon-based gallium nitride (GaN) [9]. - The company operates under an IDM model, encompassing chip design, epitaxial growth, manufacturing, testing, and failure analysis, and holds the largest production capacity for 8-inch silicon-based GaN wafers globally [9]. Group 5: Financial Performance - InnoPhase reported a revenue of 829 million CNY for 2024, reflecting a year-on-year growth of 39.8%, driven by increased market demand [11]. - The company experienced a net loss of 1.046 billion CNY in 2024, slightly improved from a loss of 1.102 billion CNY in the previous year [11].

Core Viewpoint - The company InnoPhase (02577) has announced a collaboration with NVIDIA to promote the large-scale implementation of the 800VDC power architecture in AI data centers, which is designed for efficient power supply in future megawatt-level computing infrastructures [1] Group 1: Collaboration and Technology - The partnership aims to leverage NVIDIA's new generation 800VDC power system, which offers significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power systems [1] - The 800VDC architecture is expected to support a 100 to 1000 times increase in AI computing power [1] Group 2: Product Features - The company's third-generation GaN devices provide excellent high frequency, high efficiency, and high power density characteristics, offering a complete GaN power solution from 800V input to GPU terminals, covering 15V to 1200V [1] Group 3: Future Outlook - The integration of GaN technology with NVIDIA's 800VDC power architecture is anticipated to enable a leap from kilowatt-level to megawatt-level AI data centers in the coming years, ushering in a more efficient, reliable, and environmentally friendly era of AI computing [1]

Core Viewpoint - The collaboration between InnoCare (02577.HK) and NVIDIA aims to promote the large-scale implementation of the 800 VDC power architecture in AI data centers, which is designed for high-efficiency power supply in megawatt-level computing infrastructure [1] Group 1: Partnership and Technology - InnoCare has recently partnered with NVIDIA, a global leader in AI technology, to advance the 800 VDC power architecture [1] - The 800 VDC architecture is specifically designed by NVIDIA for future high-efficiency power supply systems, offering significant advantages over traditional 54V systems in terms of efficiency, thermal loss, and reliability [1] - This new power system can support an increase in AI computing power by 100 to 1000 times [1] Group 2: Product Features - InnoCare's third-generation GaN devices exhibit excellent characteristics such as high frequency, high efficiency, and high power density [1] - These GaN devices provide a complete power solution from 800V input to GPU terminals, covering a voltage range from 15V to 1200V [1] Group 3: Future Outlook - The integration of GaN technology with NVIDIA's 800 VDC power architecture is expected to facilitate a leap from kilowatt-level to megawatt-level AI data centers in the coming years [1] - This advancement is set to usher in a more efficient, reliable, and environmentally friendly era of AI computing [1]

Group 1 - The company InnoPhase (02577) has announced a partnership with global AI technology leader NVIDIA to promote the large-scale implementation of the 800 VDC (800-volt direct current) power architecture in AI data centers [1] - The 800 VDC architecture is specifically designed by NVIDIA for future efficient power supply megawatt-level computing infrastructure, offering significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power systems [1] - The company's third-generation GaN devices provide an excellent high-frequency, high-efficiency, and high-power density solution, supporting a full-link gallium nitride power solution from 800V input to GPU terminals, covering 15V to 1200V [1] Group 2 - The integration of GaN technology with NVIDIA's 800 VDC power architecture is expected to enable AI data centers to achieve a leap from kilowatt-level to megawatt-level in the coming years, ushering in a more efficient, reliable, and environmentally friendly era of AI computing [1]

InnoScience (Suzhou) Technology Holding Co., Ltd. 英 諾 賽 科（ 蘇 州 ）科 技 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2577） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 承董事會命 英諾賽科（蘇州）科技股份有限公司 董事長兼執行董事 Weiwei Luo博士 中國，2025年8月1日 自願公告 與NVIDIA達成合作 隨着GaN技術與英偉達800 VDC供電架構的融合，未來幾年，AI數據中心將實現 從千瓦級到兆瓦級的飛躍，開啟更高效、更可靠、更環保的AI計算時代。 1 股東及潛在投資者於買賣本公司證券時，務請審慎行事。 本公告由英諾賽科（蘇州）科技股份有限公司（「本公司」）自願作出，旨在使本公司 股東及潛在投資者了解本公司最新業務發展情況。 本公司宣佈，本公司已於近日與全球AI技術領導者NVIDIA（「英偉達」）達成合 作，聯合推動800 VDC ...