Core Insights - The company, Core Technology, reported a projected revenue of 1,106.43 million yuan by June 30, 2025, representing a year-on-year increase of 6.31% [1] - The net profit attributable to shareholders is expected to reach 122.94 million yuan, reflecting a year-on-year growth of 37.28% [1] Revenue Breakdown - The mobile terminal business is projected to generate sales of 429.76 million yuan, accounting for 38.84% of total revenue, with a year-on-year increase of 11.58% [1] - The new energy business is expected to achieve sales of 318.64 million yuan, representing 28.80% of total revenue, and a significant year-on-year growth of 41.97% [1] - The precision components business is anticipated to bring in sales of 232.85 million yuan, making up 21.05% of total revenue, with a year-on-year increase of 31.78% [1] - The combined revenue from these three strategic business segments accounts for 88.69% of total revenue [1]

Market Performance - A-shares indices collectively reached new highs, with the Shanghai Composite Index rising 0.48% to 3683.46 points, the Shenzhen Component Index increasing 1.76% to 11551.36 points, and the ChiNext Index climbing 3.62% to 2496.50 points, marking significant milestones since December 2021 and October 2024 respectively [1] - Market trading activity surged, with total turnover in the Shanghai and Shenzhen markets reaching 21,752 billion yuan, an increase of 2,700 billion yuan from the previous trading day, marking the first time since February 27 that turnover exceeded 20 trillion yuan [1] AI Hardware Sector - The AI hardware sector experienced a collective surge, with stocks like Industrial Fulian reaching a historical high of 43.68 yuan per share and a total market capitalization of 867.5 billion yuan [2] - Industrial Fulian reported a revenue of 360.76 billion yuan for the first half of 2025, a year-on-year increase of 35.58%, and a net profit of 12.113 billion yuan, up 38.61%, both marking historical highs for the period [2] - The AI sector, particularly the upstream computing hardware represented by optical modules, has seen significant gains, with the CPO concept index rising over 35% year-to-date [2] Brain-Computer Interface (BCI) Sector - The BCI sector saw renewed activity, with stocks like Innovation Medical and Zhejiang Dongri experiencing multiple consecutive gains [4] - A report by the China Academy of Information and Communications Technology highlighted the importance of BCI technology and its promising future, with expectations for accelerated research and industrial application [4] - The Ministry of Industry and Information Technology issued guidelines to promote the high-quality development of the BCI industry, aiming for significant breakthroughs in key technologies by 2027 and the establishment of a competitive industrial ecosystem by 2030 [4] Market Sentiment and Future Outlook - Analysts noted that the current A-share market is characterized by low volatility and controlled fluctuations, contributing to a more stable investment environment [6] - The stock market has outperformed economic growth for four consecutive quarters, marking a significant shift since the second half of 2021 [6] - The ongoing market rally is supported by increased liquidity from retail investors and foreign capital, with expectations for continued growth in both A-shares and H-shares [7]